Winsome Textile Industries Ltd

Winsome Textile Industries Ltd

₹ 84.3 -0.24%
23 Apr - close price
About

Incorporated in 1980, Winsome Textile Industries Ltd manufactures Cotton Yarn, Cotton Melange, Cotton Blended Dyed Yarn /Fibre, Yarn made of natural and manmade fibre and other fibres, Knitted Fabric, and Power generation in Textile Sector[1]

Key Points

Business Overview:[1][2]
a) WTIL is a producer of Yarns & Fabric for Knitting and Weaving in India and an exporter of Processed Yarn
b) Company is a manufacturer of Melange Yarn, Dyed yarn and spinning of large variety of value-added fibre, silk, wool, linen, nylon, PVA, etc. in different blends and specialty products like slub yarn, mélange yarn, gassed mercerized yarns, etc.
c) WTIL is also engaged in manufacturing of knitted fabric of various blend
d) It has also invested in Hydro Power Generation

  • Market Cap 167 Cr.
  • Current Price 84.3
  • High / Low 106 / 48.9
  • Stock P/E 9.48
  • Book Value 134
  • Dividend Yield 0.00 %
  • ROCE 13.6 %
  • ROE 9.91 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.63 times its book value
  • Company has delivered good profit growth of 37.7% CAGR over last 5 years
  • Debtor days have improved from 58.1 to 38.6 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.66% over past five years.
  • Company has a low return on equity of 12.2% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
178.50 192.19 200.78 236.61 252.59 265.56 220.89 230.44 211.10 213.60 207.09 202.41 195.20
159.60 166.89 170.50 199.94 218.05 230.28 187.55 206.19 195.03 194.21 186.35 180.71 174.63
Operating Profit 18.90 25.30 30.28 36.67 34.54 35.28 33.34 24.25 16.07 19.39 20.74 21.70 20.57
OPM % 10.59% 13.16% 15.08% 15.50% 13.67% 13.29% 15.09% 10.52% 7.61% 9.08% 10.01% 10.72% 10.54%
-2.20 -1.53 -1.18 -3.72 0.41 1.45 0.43 0.49 0.45 0.51 0.45 0.63 0.49
Interest 7.82 8.04 11.95 8.70 8.79 13.01 12.89 9.59 8.01 8.36 9.70 10.81 12.01
Depreciation 5.46 5.30 5.24 5.26 5.52 5.39 5.48 5.51 5.31 5.27 5.47 5.61 5.39
Profit before tax 3.42 10.43 11.91 18.99 20.64 18.33 15.40 9.64 3.20 6.27 6.02 5.91 3.66
Tax % 35.96% 41.32% 76.24% 62.24% 45.30% -32.02% 32.86% 32.57% 45.31% 5.42% 23.42% 27.58% 22.95%
2.19 6.12 2.83 7.17 11.29 24.20 10.34 6.50 1.75 5.93 4.61 4.28 2.82
EPS in Rs 1.10 3.09 1.43 3.62 5.70 12.21 5.22 3.28 0.88 2.99 2.33 2.16 1.42
Raw PDF

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
316 352 499 649 658 713 698 723 662 624 956 876 818
290 291 410 550 554 601 620 638 597 567 818 783 736
Operating Profit 26 61 89 99 104 112 78 85 65 57 138 93 82
OPM % 8% 17% 18% 15% 16% 16% 11% 12% 10% 9% 14% 11% 10%
5 4 8 2 1 1 2 2 2 -3 -4 2 2
Interest 31 36 45 63 63 54 48 48 49 33 43 39 41
Depreciation 12 12 16 18 20 27 25 24 22 22 21 22 22
Profit before tax -11 17 35 21 23 32 7 14 -4 -1 70 35 22
Tax % 15% 13% 47% 39% 9% 32% 28% 15% 34% -38% 35% 29%
-9 15 18 13 20 22 5 12 -3 -1 45 25 18
EPS in Rs -4.65 7.62 9.23 6.52 10.34 11.02 2.50 6.12 -1.47 -0.61 22.95 12.37 8.90
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 5%
3 Years: 10%
TTM: -12%
Compounded Profit Growth
10 Years: 5%
5 Years: 38%
3 Years: 119%
TTM: -59%
Stock Price CAGR
10 Years: 5%
5 Years: 28%
3 Years: 48%
1 Year: 48%
Return on Equity
10 Years: 10%
5 Years: 9%
3 Years: 12%
Last Year: 10%

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 20 20 20 20 20 20 20 20 20 20 20 20 20
Reserves 72 87 105 118 138 151 157 170 167 166 212 236 245
237 362 417 380 353 361 320 283 255 271 306 278 285
117 157 233 228 238 263 286 280 278 269 255 225 195
Total Liabilities 446 626 775 746 749 795 782 752 719 727 794 760 745
158 165 350 336 382 374 365 343 324 303 300 293 304
CWIP 18 155 46 58 3 5 0 0 0 2 1 9 7
Investments 0 42 0 0 0 0 0 0 0 0 0 0 0
270 265 378 353 364 417 417 408 395 422 493 458 434
Total Assets 446 626 775 746 749 795 782 752 719 727 794 760 745

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
60 70 21 111 99 101 88 77 21 26 94
-27 -210 -23 -14 -22 -8 -1 -2 -5 -18 -25
-24 90 10 -100 -77 -92 -86 -77 -17 -7 -67
Net Cash Flow 10 -50 9 -3 0 0 2 -2 -0 1 1

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 42 42 43 40 44 67 64 66 63 76 59 39
Inventory Days 197 229 265 191 202 200 188 171 189 211 169 195
Days Payable 156 215 233 149 152 156 163 152 160 161 110 98
Cash Conversion Cycle 83 56 74 83 94 111 90 85 91 126 118 136
Working Capital Days 94 70 92 67 66 80 73 74 81 112 95 98
ROCE % 6% 13% 16% 16% 17% 17% 11% 13% 10% 8% 24% 14%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
55.69% 55.69% 55.69% 55.69% 55.69% 55.70% 55.70% 55.70% 55.70% 55.70% 55.97% 56.17%
32.54% 32.54% 32.54% 32.54% 32.54% 32.54% 32.55% 32.55% 32.04% 30.96% 30.96% 30.96%
11.76% 11.76% 11.76% 11.76% 11.76% 11.75% 11.77% 11.77% 12.27% 13.36% 13.08% 12.88%
No. of Shareholders 2,1042,0762,5112,5754,6014,3914,3254,7044,7834,9424,9034,913

* 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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