Betex India Ltd

Betex India Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Betex India Ltd

₹ 139 -4.99%
29 Sep 9:52 a.m.
betexindia.com BSE: 512477
About

Incorporated in 1987, Betex India Limited is recognized as a Dyeing and Printing mills providing job work on different types of Polyester Fabrics.
Company is also engaged in Power generation through its Wind Mill Unit.

Key Points

Product Profile:[1]
The company specializes in dyeing, washing, unloading, heat setting, folding, packing, scouring, wrapping, and printing solutions for art silk cloth and polyester fabrics.
Company also deals in Inter Unit Wind Mill Power Sale.

Website BSE
  • Market Cap ₹ 20.8 Cr.
  • Current Price ₹ 139
  • High / Low ₹ 158 / 58.5
  • Stock P/E 5.99
  • Book Value ₹ 189
  • Dividend Yield 0.00 %
  • ROCE 15.4 %
  • ROE 11.5 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.77 times its book value
  • Company's working capital requirements have reduced from 78.0 days to 59.4 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 7.79% over past five years.
  • Company has a low return on equity of 7.29% 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

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
0.96 9.29 19.00 19.43 9.19 16.59 16.48 15.12 16.74 19.70 16.73 21.44 20.35
1.56 8.30 16.98 18.20 8.72 16.19 16.37 15.77 16.49 19.49 16.28 17.21 18.94
Operating Profit -0.60 0.99 2.02 1.23 0.47 0.40 0.11 -0.65 0.25 0.21 0.45 4.23 1.41
OPM % -62.50% 10.66% 10.63% 6.33% 5.11% 2.41% 0.67% -4.30% 1.49% 1.07% 2.69% 19.73% 6.93%
0.00 0.09 0.01 0.04 0.00 0.01 0.01 0.98 0.04 0.11 -0.03 0.10 0.00
Interest 0.00 0.13 0.00 0.05 0.01 0.01 0.00 0.05 0.02 0.02 0.03 0.32 0.39
Depreciation 0.06 0.18 0.18 0.30 0.17 0.18 0.15 0.19 0.17 0.17 0.18 0.18 0.26
Profit before tax -0.66 0.77 1.85 0.92 0.29 0.22 -0.03 0.09 0.10 0.13 0.21 3.83 0.76
Tax % 25.76% 28.57% 26.49% -3.26% 31.03% 31.82% 100.00% 11.11% 30.00% 30.77% 14.29% 26.63% 48.68%
-0.49 0.56 1.36 0.94 0.19 0.16 0.00 0.08 0.07 0.10 0.18 2.81 0.39
EPS in Rs -3.27 3.73 9.07 6.27 1.27 1.07 0.00 0.53 0.47 0.67 1.20 18.73 2.60
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
37.74 39.89 38.99 43.89 56.33 57.68 51.23 46.37 56.76 48.54 57.38 74.56 78.22
35.11 37.26 35.56 40.67 52.78 54.06 48.44 44.22 55.33 44.90 57.03 69.41 71.92
Operating Profit 2.63 2.63 3.43 3.22 3.55 3.62 2.79 2.15 1.43 3.64 0.35 5.15 6.30
OPM % 6.97% 6.59% 8.80% 7.34% 6.30% 6.28% 5.45% 4.64% 2.52% 7.50% 0.61% 6.91% 8.05%
0.17 -0.04 -0.06 0.19 0.36 0.07 0.25 0.43 0.12 0.13 0.99 0.22 0.18
Interest 0.32 0.38 0.72 0.92 1.28 1.10 0.96 0.29 0.15 0.18 0.08 0.39 0.76
Depreciation 1.04 1.05 1.24 1.31 1.41 1.44 1.19 1.32 0.73 0.70 0.68 0.69 0.79
Profit before tax 1.44 1.16 1.41 1.18 1.22 1.15 0.89 0.97 0.67 2.89 0.58 4.29 4.93
Tax % 22.92% 1.72% 31.91% -10.17% 14.75% 2.61% -1.12% -1.03% 35.82% 28.37% 29.31% 26.34%
1.10 1.14 0.97 1.30 1.04 1.11 0.91 0.98 0.43 2.06 0.41 3.16 3.48
EPS in Rs 7.33 7.60 6.47 8.67 6.93 7.40 6.07 6.53 2.87 13.73 2.73 21.07 23.20
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 6%
5 Years: 8%
3 Years: 10%
TTM: 20%
Compounded Profit Growth
10 Years: 10%
5 Years: 28%
3 Years: 96%
TTM: 1023%
Stock Price CAGR
10 Years: %
5 Years: 27%
3 Years: 103%
1 Year: 96%
Return on Equity
10 Years: 6%
5 Years: 6%
3 Years: 7%
Last Year: 12%

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
2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00
Reserves 13.30 14.45 15.41 16.72 17.76 18.87 19.78 20.76 21.19 23.25 23.66 26.82
8.50 9.95 12.05 14.81 18.66 15.88 16.40 12.89 11.20 5.17 3.59 2.46
6.79 5.66 6.01 9.56 11.78 16.13 10.24 14.28 18.04 20.86 13.91 19.41
Total Liabilities 30.09 31.56 34.97 42.59 49.70 52.38 47.92 49.43 51.93 50.78 42.66 50.19
6.89 6.80 8.85 8.58 8.15 8.93 6.30 5.75 5.30 4.83 4.33 6.82
CWIP 0.00 0.00 0.00 0.22 0.52 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 2.18 2.18 3.31 8.89 8.72 8.32 8.26 7.53 7.53 7.63 7.60 7.63
21.02 22.58 22.81 24.90 32.31 35.13 33.36 36.15 39.10 38.32 30.73 35.74
Total Assets 30.09 31.56 34.97 42.59 49.70 52.38 47.92 49.43 51.93 50.78 42.66 50.19

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
2.13 -0.04 2.36 2.88 -1.78 5.24 -1.80 3.68 3.10 5.07 1.77 9.79
-1.13 -1.25 -3.24 -5.95 -0.76 -1.12 1.74 0.38 0.01 -0.22 -0.08 -6.42
-1.26 1.06 1.38 1.85 2.56 -3.89 -0.44 -3.80 -1.83 -6.22 -1.65 -1.52
Net Cash Flow -0.26 -0.23 0.50 -1.22 0.03 0.24 -0.50 0.25 1.28 -1.38 0.04 1.85

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 65.09 67.71 75.55 68.53 84.69 100.74 91.05 104.38 105.59 122.19 82.25 94.14
Inventory Days 19.21 25.65 29.60 80.05 64.64 55.75 57.51 90.44 29.24 10.74 12.54 8.13
Days Payable 107.33 83.83 99.66 133.15 110.28 205.98 188.55 251.23 346.05 562.04 290.08 319.85
Cash Conversion Cycle -23.03 9.53 5.49 15.42 39.05 -49.49 -39.98 -56.41 -211.21 -429.12 -195.29 -217.59
Working Capital Days 82.11 102.66 93.80 79.25 94.73 81.95 130.95 131.30 92.66 94.15 80.28 59.43
ROCE % 7.42% 6.45% 9.06% 6.51% 6.28% 5.96% 4.94% 3.41% 2.31% 9.47% 2.21% 15.36%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
53.29% 53.29% 53.29% 53.29% 53.29% 53.29% 53.29% 53.29% 53.29% 53.29% 53.29% 53.29%
46.71% 46.71% 46.71% 46.71% 46.71% 46.71% 46.71% 46.71% 46.71% 46.71% 46.71% 46.71%
No. of Shareholders 8118168739051,1251,1931,3131,3191,3011,3491,3301,293

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