Deepak Spinners Ltd
Incorporated in 1986, Deepak Spinners Ltd
is a manufacturer of Synthetic Staple Fibres
Yarn, Man-made Fibres blended yarn[1]
- Market Cap ₹ 164 Cr.
- Current Price ₹ 228
- High / Low ₹ 320 / 202
- Stock P/E 16.0
- Book Value ₹ 332
- Dividend Yield 1.10 %
- ROCE 21.2 %
- ROE 18.3 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.69 times its book value
- Company has delivered good profit growth of 47.4% CAGR over last 5 years
- Debtor days have improved from 24.4 to 19.3 days.
Cons
- The company has delivered a poor sales growth of 5.02% over past five 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 - Spinning - Synthetic / Blended
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
280 | 307 | 392 | 435 | 401 | 411 | 439 | 475 | 461 | 397 | 532 | 561 | 470 | |
259 | 277 | 350 | 397 | 358 | 373 | 407 | 435 | 426 | 355 | 462 | 491 | 438 | |
Operating Profit | 21 | 30 | 42 | 37 | 42 | 38 | 32 | 40 | 35 | 42 | 69 | 71 | 32 |
OPM % | 7% | 10% | 11% | 9% | 11% | 9% | 7% | 8% | 8% | 11% | 13% | 13% | 7% |
4 | 5 | 3 | 4 | 5 | 2 | 4 | 7 | 3 | 2 | 3 | 2 | 3 | |
Interest | 9 | 7 | 12 | 16 | 12 | 15 | 13 | 10 | 9 | 6 | 4 | 3 | 4 |
Depreciation | 7 | 7 | 11 | 16 | 14 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 17 |
Profit before tax | 9 | 20 | 23 | 10 | 22 | 9 | 7 | 20 | 12 | 21 | 53 | 54 | 14 |
Tax % | 19% | 35% | 49% | 8% | 28% | 27% | 15% | 32% | -20% | 26% | 25% | 26% | |
8 | 13 | 12 | 9 | 16 | 6 | 6 | 14 | 15 | 16 | 39 | 40 | 10 | |
EPS in Rs | 10.59 | 18.07 | 16.01 | 12.41 | 21.81 | 8.71 | 7.93 | 19.10 | 20.71 | 21.82 | 54.65 | 55.76 | 14.20 |
Dividend Payout % | 0% | 0% | 0% | 0% | 9% | 23% | 0% | 8% | 7% | 9% | 5% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | 7% |
TTM: | -20% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 47% |
3 Years: | 39% |
TTM: | -78% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 18% |
3 Years: | 36% |
1 Year: | -5% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 15% |
3 Years: | 17% |
Last Year: | 18% |
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 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
Reserves | 51 | 64 | 75 | 84 | 98 | 104 | 110 | 124 | 136 | 152 | 190 | 228 | 231 |
66 | 118 | 138 | 121 | 151 | 150 | 128 | 113 | 86 | 56 | 49 | 50 | 48 | |
36 | 39 | 56 | 42 | 53 | 61 | 74 | 77 | 66 | 53 | 59 | 64 | 72 | |
Total Liabilities | 160 | 228 | 277 | 254 | 309 | 322 | 319 | 322 | 296 | 268 | 304 | 349 | 359 |
71 | 95 | 158 | 155 | 203 | 197 | 188 | 177 | 168 | 153 | 150 | 180 | 184 | |
CWIP | 3 | 37 | 3 | 1 | 2 | 1 | 0 | 1 | 1 | 3 | 1 | 4 | 2 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
86 | 95 | 115 | 98 | 103 | 124 | 131 | 144 | 127 | 112 | 153 | 165 | 173 | |
Total Assets | 160 | 228 | 277 | 254 | 309 | 322 | 319 | 322 | 296 | 268 | 304 | 349 | 359 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
24 | 24 | 21 | 37 | 45 | 21 | 40 | 29 | 44 | 39 | 39 | 42 | |
-6 | -67 | -28 | -4 | -59 | -6 | -5 | -4 | -3 | -2 | -26 | -37 | |
-17 | 42 | 6 | -34 | 16 | -16 | -35 | -25 | -41 | -37 | -13 | -4 | |
Net Cash Flow | 1 | -0 | -1 | 0 | 1 | -1 | 0 | 0 | -1 | 0 | -0 | 0 |
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 | 31 | 39 | 35 | 26 | 24 | 35 | 30 | 28 | 23 | 31 | 23 | 19 |
Inventory Days | 73 | 67 | 82 | 63 | 88 | 100 | 95 | 102 | 96 | 95 | 100 | 117 |
Days Payable | 28 | 27 | 30 | 9 | 13 | 23 | 35 | 38 | 31 | 23 | 23 | 29 |
Cash Conversion Cycle | 76 | 79 | 87 | 80 | 100 | 112 | 90 | 92 | 87 | 104 | 101 | 108 |
Working Capital Days | 59 | 56 | 53 | 48 | 47 | 56 | 48 | 49 | 51 | 66 | 60 | 66 |
ROCE % | 16% | 17% | 17% | 12% | 14% | 10% | 8% | 11% | 9% | 12% | 25% | 21% |
Documents
Announcements
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 1d
-
Announcement under Regulation 30 (LODR)-Cessation
2d - Cessation of Shri Pradip Kumar Daga as Chief Executive Officer.
- Announcement under Regulation 30 (LODR)-Change in Management 16 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 12 Apr
- PCS Certificate For Transfer / Transmission Etc. 11 Apr
Annual reports
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Financial Year 2023
from bse
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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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Business Overview:[1][2]
DSL manufactures synthetic fibers – polyester, viscose, acrylic and blends. It manufactures coarse-count grey and dyed yarn of counts (8 – 40) Ne in 100% Polyester, 100% Viscose, 100% Acrylic and Polyester Acrylic & Polyester Viscose blends. Company sells its products through dealers and agents. In addition, it supplies yarns to a few large players in the apparel /fabric segments