Shri Dinesh Mills Ltd
Incorporated in 1935, Shri Dinesh Mills Ltd manufactures worsted fabrics (menswear), papermakers felts and industrial textiles[1]
- Market Cap ₹ 280 Cr.
- Current Price ₹ 500
- High / Low ₹ 570 / 452
- Stock P/E 17.5
- Book Value ₹ 288
- Dividend Yield 2.00 %
- ROCE 5.79 %
- ROE 5.02 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 76.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 24.0%
- Company's working capital requirements have reduced from 42.7 days to 14.9 days
Cons
- The company has delivered a poor sales growth of -5.07% over past five years.
- Company has a low return on equity of 6.04% over last 3 years.
- Earnings include an other income of Rs.64.1 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textiles - Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
84 | 84 | 84 | 79 | 76 | 78 | 75 | 67 | 46 | 48 | 54 | 58 | 65 | |
69 | 69 | 68 | 67 | 67 | 70 | 72 | 62 | 46 | 38 | 45 | 51 | 54 | |
Operating Profit | 16 | 15 | 16 | 11 | 9 | 8 | 3 | 6 | -1 | 10 | 9 | 7 | 11 |
OPM % | 19% | 18% | 19% | 14% | 12% | 10% | 4% | 9% | -1% | 20% | 16% | 12% | 17% |
4 | 3 | 3 | 3 | 3 | 4 | -1 | 1 | 7 | 5 | 25 | 25 | 64 | |
Interest | 4 | 4 | 3 | 3 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 8 | 10 | 10 | 8 | 7 | 8 | 7 | 7 | 5 | 4 | 3 | 3 | 3 |
Profit before tax | 7 | 4 | 6 | 4 | 2 | 2 | -6 | -1 | 1 | 10 | 30 | 28 | 72 |
Tax % | 31% | 25% | 23% | -12% | -16% | -49% | 13% | 122% | -54% | 10% | 13% | 18% | |
5 | 3 | 4 | 5 | 3 | 3 | -6 | 0 | 2 | 9 | 27 | 23 | 59 | |
EPS in Rs | 9.45 | 5.83 | 8.52 | 8.93 | 5.70 | 5.51 | -11.13 | 0.37 | 3.28 | 15.73 | 47.33 | 40.98 | 104.62 |
Dividend Payout % | 21% | 31% | 21% | 20% | 26% | 27% | -13% | 493% | 91% | 32% | 16% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | -4% |
5 Years: | -5% |
3 Years: | 8% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 76% |
3 Years: | 71% |
TTM: | 149% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 33% |
3 Years: | 6% |
1 Year: | -2% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 4% |
3 Years: | 6% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 |
Reserves | 91 | 93 | 95 | 95 | 97 | 99 | 93 | 94 | 94 | 108 | 131 | 150 | 155 |
32 | 25 | 25 | 14 | 13 | 9 | 4 | 1 | -0 | -1 | -1 | -1 | 0 | |
34 | 32 | 30 | 28 | 29 | 30 | 27 | 28 | 22 | 18 | 23 | 29 | 32 | |
Total Liabilities | 162 | 155 | 154 | 141 | 144 | 143 | 130 | 128 | 121 | 131 | 159 | 183 | 193 |
70 | 63 | 62 | 49 | 49 | 43 | 37 | 33 | 24 | 19 | 17 | 16 | 15 | |
CWIP | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 22 | 21 | 20 | 14 | 13 | 47 | 49 | 60 | 71 | 87 | 108 | 131 | 131 |
70 | 69 | 72 | 78 | 81 | 53 | 44 | 35 | 26 | 24 | 34 | 36 | 46 | |
Total Assets | 162 | 155 | 154 | 141 | 144 | 143 | 130 | 128 | 121 | 131 | 159 | 183 | 193 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | 14 | 18 | 13 | 6 | 12 | 6 | 14 | 2 | 9 | 26 | 22 | |
-5 | -2 | -4 | 8 | -4 | -32 | -1 | -12 | -2 | -12 | -22 | -19 | |
-4 | -11 | -6 | -13 | -1 | -8 | -6 | -1 | -3 | 3 | -1 | -5 | |
Net Cash Flow | -4 | 1 | 8 | 9 | 1 | -28 | -1 | 1 | -3 | 0 | 3 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 50 | 49 | 55 | 56 | 54 | 46 | 44 | 38 | 57 | 40 | 34 | 33 |
Inventory Days | 626 | 555 | 425 | 464 | 510 | 545 | 387 | 325 | 354 | 408 | 347 | 263 |
Days Payable | 39 | 21 | 23 | 21 | 29 | 48 | 36 | 34 | 49 | 58 | 65 | 67 |
Cash Conversion Cycle | 636 | 583 | 457 | 500 | 535 | 543 | 395 | 329 | 362 | 390 | 316 | 229 |
Working Capital Days | 163 | 137 | 111 | 118 | 131 | 113 | 92 | 47 | 54 | 48 | 65 | 15 |
ROCE % | 9% | 6% | 7% | 6% | 4% | 3% | 0% | 3% | -3% | 8% | 7% | 6% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 11 Apr
-
Certificate
5 Apr - Certificate for the year ended 31st March, 2024
-
Compliance C
5 Apr - Compliance Certificate for the quarter ended 31st March, 2024
- Compliance Certificate For The Year Ended 31St March, 2024 5 Apr
- Closure of Trading Window 30 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Product Profile:[1]
a) Press Felts:
Dinflo, Dinvent, Dinply
b) Dryer Screens:
Hi Contact Mono (Regular), Hi Contact Mono (Uni-Screen), Spiral Dryer Fabrics
c) Fiber & Asbestos Felts:
Dinasorb-Pipe Felt, Dinasorb-Sheet Felt
d) Other Products:
Filter Fabrics