Shri Dinesh Mills Ltd

Shri Dinesh Mills Ltd

₹ 540 0.06%
23 Feb - close price
About

Incorporated in 1935, Shri Dinesh Mills Ltd manufactures worsted fabrics (menswear), papermakers felts and industrial textiles[1]

Key Points

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

  • Market Cap 303 Cr.
  • Current Price 540
  • High / Low 582 / 437
  • Stock P/E 31.5
  • Book Value 288
  • Dividend Yield 1.85 %
  • ROCE 6.33 %
  • ROE 5.49 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 50.9% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 22.0%

Cons

  • The company has delivered a poor sales growth of 1.17% over past five years.
  • Company has a low return on equity of 7.80% over last 3 years.
  • Earnings include an other income of Rs.64.9 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
22 22 19 23 24 25 26 25 23 24 24 25 25
17 19 15 18 19 22 21 21 22 23 22 23 22
Operating Profit 5 3 4 5 5 3 5 3 2 1 2 2 3
OPM % 22% 14% 23% 21% 20% 12% 20% 13% 7% 3% 8% 8% 11%
1 1 1 1 1 22 1 14 2 8 3 8 46
Interest 0 0 0 0 0 0 0 0 0 0 0 0 1
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 4 2 4 4 5 23 5 15 2 7 3 8 47
Tax % 37% -2% -7% 12% 12% 13% 9% 21% 41% 11% 57% 24% 20%
3 2 4 4 4 20 4 12 1 7 1 6 38
EPS in Rs 4.37 3.39 6.86 5.80 6.11 34.85 6.05 20.05 2.41 12.77 3.93 12.55 68.96
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
98 103 104 98 97 95 91 88 65 73 89 97 98
80 85 85 85 85 85 87 81 65 59 72 86 91
Operating Profit 19 19 19 14 12 9 4 7 0 14 17 11 7
OPM % 19% 18% 19% 14% 12% 10% 4% 8% 1% 19% 19% 11% 8%
4 3 4 3 3 4 -1 1 8 5 26 25 65
Interest 4 5 4 4 3 3 2 2 1 1 1 2 2
Depreciation 10 11 12 9 9 9 9 8 7 6 5 6 5
Profit before tax 9 6 7 4 3 1 -8 -1 0 12 37 29 65
Tax % 26% 19% 23% -9% -13% -71% 11% 80% -469% 9% 11% 18%
6 5 5 5 3 2 -7 -0 1 11 33 24 51
EPS in Rs 10.45 7.34 9.58 9.32 5.98 4.86 -12.39 -0.12 2.08 17.53 53.62 42.39 98.21
Dividend Payout % 19% 24% 19% 19% 25% 31% -12% -1,560% 145% 29% 14% 24%
Compounded Sales Growth
10 Years: -1%
5 Years: 1%
3 Years: 14%
TTM: -1%
Compounded Profit Growth
10 Years: 8%
5 Years: 51%
3 Years: 63%
TTM: 8%
Stock Price CAGR
10 Years: 20%
5 Years: 35%
3 Years: 20%
1 Year: 2%
Return on Equity
10 Years: 4%
5 Years: 5%
3 Years: 8%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 87 90 93 93 95 97 91 91 91 105 132 151 155
Preference Capital 0 0 0 0 0 0 0 0 0 0 0 0
40 36 32 24 22 16 12 7 6 5 7 14 16
45 43 41 41 42 42 40 43 35 31 42 49 51
Total Liabilities 178 174 171 162 164 160 147 146 137 147 186 220 228
93 86 84 70 74 66 58 54 45 39 44 49 47
CWIP 0 2 0 4 0 0 0 0 0 0 0 0 0
Investments 8 8 7 1 0 34 35 47 58 74 92 116 116
75 78 80 87 90 60 53 45 33 34 50 55 64
Total Assets 178 174 171 162 164 160 147 146 137 147 186 220 228

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
11 15 22 17 10 15 6 16 3 10 13 8
-11 -4 -4 4 -6 -33 -0 -13 -3 -12 -11 -11
-4 -10 -9 -12 -3 -11 -6 -2 -2 2 1 1
Net Cash Flow -4 1 8 9 1 -29 -0 1 -2 0 3 -2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 54 61 66 69 68 54 63 54 66 54 57 56
Inventory Days 533 446 334 351 383 438 325 264 249 269 252 164
Days Payable 60 37 37 55 58 70 73 96 108 87 107 77
Cash Conversion Cycle 527 469 364 365 393 422 314 223 207 235 202 143
Working Capital Days 150 124 103 108 113 96 82 40 47 56 74 53
ROCE % 9% 7% 8% 6% 5% 3% -0% 3% -3% 9% 11% 6%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
49.79% 49.79% 49.79% 49.79% 49.79% 49.79% 49.79% 49.79% 49.79% 49.79% 49.79% 49.79%
0.07% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06%
50.15% 50.15% 50.15% 50.15% 50.15% 50.15% 50.15% 50.13% 50.15% 50.16% 50.14% 50.16%
No. of Shareholders 7,9067,6997,7217,6867,4907,4147,4707,4507,2317,2347,3087,268

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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