Bluechip Tex Industries Ltd

Bluechip Tex Industries Ltd

₹ 170 0.00%
25 Apr 4:01 p.m.
About

Incorporated in 1985, BlueChip Tex Industries manufactures polyester texturizing yarn[1]

Key Points

Business Overview:[1][2]
Company is in business of Twisting of Polyester Texturized Yarn with Deniers ranging from 75 Denier to 300 Denier. It has manufacturing plants in Union Territory of Dadra and Nagar Haveli, and entire sales are in domestic market. Company also generates electricity through Wind Farms in Tamil Nadu, which is sold to Tamil Nadu Electricity Board

  • Market Cap 33.5 Cr.
  • Current Price 170
  • High / Low 218 / 125
  • Stock P/E 20.9
  • Book Value 146
  • Dividend Yield 1.18 %
  • ROCE 4.71 %
  • ROE 3.30 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 1.17 times its book value
  • Company has been maintaining a healthy dividend payout of 31.6%

Cons

  • The company has delivered a poor sales growth of 6.91% over past five years.
  • Company has a low return on equity of 7.62% over last 3 years.

* 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 - Processing

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Quarterly Results

Figures in Rs. Crores

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
51.39 59.56 53.62 63.00 64.27 61.91 67.04 64.31 62.54 58.83 61.23 67.22 67.47
49.16 57.84 52.50 59.53 62.81 60.88 66.39 63.31 61.11 58.03 59.94 65.09 66.90
Operating Profit 2.23 1.72 1.12 3.47 1.46 1.03 0.65 1.00 1.43 0.80 1.29 2.13 0.57
OPM % 4.34% 2.89% 2.09% 5.51% 2.27% 1.66% 0.97% 1.55% 2.29% 1.36% 2.11% 3.17% 0.84%
0.15 0.06 0.16 0.18 0.04 0.57 0.30 0.12 0.03 0.04 0.02 0.23 0.11
Interest 0.32 0.36 0.27 0.24 0.18 0.24 0.17 0.13 0.14 0.18 0.13 0.12 0.10
Depreciation 0.70 0.70 0.68 0.67 0.66 0.64 0.64 0.65 0.65 0.63 0.64 0.64 0.63
Profit before tax 1.36 0.72 0.33 2.74 0.66 0.72 0.14 0.34 0.67 0.03 0.54 1.60 -0.05
Tax % 26.47% 26.39% 33.33% 25.55% 33.33% 29.17% 50.00% 17.65% 26.87% -133.33% 33.33% 30.00% 180.00%
1.01 0.53 0.23 2.04 0.44 0.52 0.07 0.28 0.50 0.07 0.36 1.13 0.04
EPS in Rs 5.13 2.69 1.17 10.35 2.23 2.64 0.36 1.42 2.54 0.36 1.83 5.73 0.20
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
49 55 71 112 138 140 181 257 222 156 243 253 255
47 52 68 108 131 134 171 248 210 150 236 249 250
Operating Profit 2 3 4 4 7 6 10 9 12 6 7 4 5
OPM % 4% 5% 5% 4% 5% 4% 6% 4% 5% 4% 3% 2% 2%
0 0 0 0 0 0 0 0 0 0 1 0 0
Interest 1 1 1 1 2 2 2 3 2 2 1 1 1
Depreciation 1 1 1 1 1 1 2 3 3 3 3 3 3
Profit before tax 0 1 2 2 4 3 7 4 8 2 4 1 2
Tax % 49% 49% 34% 31% 35% 34% 30% 30% 24% 27% 28% 24%
0 0 1 2 2 2 5 3 6 2 3 1 2
EPS in Rs 1.07 1.67 5.89 8.68 12.23 10.66 26.29 14.67 29.54 9.19 16.34 4.62 8.12
Dividend Payout % 71% 54% 20% 14% 12% 14% 7% 12% 6% 33% 18% 44%
Compounded Sales Growth
10 Years: 16%
5 Years: 7%
3 Years: 4%
TTM: 0%
Compounded Profit Growth
10 Years: 10%
5 Years: -29%
3 Years: -46%
TTM: 17%
Stock Price CAGR
10 Years: 27%
5 Years: 10%
3 Years: 21%
1 Year: 33%
Return on Equity
10 Years: 17%
5 Years: 13%
3 Years: 8%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

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 2 2 2 2 2 2 2 2 2 2 2 2 2
Reserves 2 2 3 5 7 9 14 16 21 23 25 26 27
9 7 6 9 9 6 21 23 18 17 11 10 5
7 7 8 18 15 16 24 17 12 15 10 10 11
Total Liabilities 20 18 19 33 32 33 61 58 53 57 49 48 46
13 13 12 14 15 13 28 30 29 27 24 21 20
CWIP 0 -0 1 0 -0 -0 3 -0 -0 -0 -0 -0 -0
Investments 0 -0 -0 -0 -0 0 0 0 1 0 0 0 0
7 5 6 19 18 19 29 28 24 30 24 26 25
Total Assets 20 18 19 33 32 33 61 58 53 57 49 48 46

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2 1 6 7 1 4 2 9 7 9 4 2
-8 3 -4 -6 -1 -0 -15 -6 -2 0 0 0
6 -3 -2 2 -3 -4 12 0 -5 -8 -6 -4
Net Cash Flow -0 -0 0 3 -3 -0 -1 3 0 1 -3 -2

Ratios

Figures in Rs. Crores

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 22 14 10 26 21 20 35 21 23 26 15 17
Inventory Days 17 12 9 13 9 11 11 13 15 33 18 18
Days Payable 37 5 18 57 37 41 38 19 13 36 11 10
Cash Conversion Cycle 2 21 1 -18 -7 -11 8 14 25 23 21 25
Working Capital Days -19 -26 -21 -11 -0 3 5 9 16 22 19 21
ROCE % 13% 17% 26% 23% 33% 27% 33% 18% 23% 10% 13% 5%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00%
0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06%
39.94% 39.94% 39.94% 39.94% 39.94% 39.94% 39.94% 39.95% 39.94% 39.94% 39.95% 39.94%
No. of Shareholders 2,8262,8523,0013,2123,3503,3923,3943,3673,3823,4323,4333,488

* 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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