Source Industries (India) Ltd
₹ 3.80
4.97%
16 Apr
- close price
About
Source Industries (India) is having the business of Textile.
Key Points
- Market Cap ₹ 4.33 Cr.
- Current Price ₹ 3.80
- High / Low ₹ 3.80 / 2.41
- Stock P/E
- Book Value ₹ 3.73
- Dividend Yield 0.00 %
- ROCE -3.28 %
- ROE -3.44 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.02 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -2.64% over past five years.
- Promoter holding is low: 13.0%
- Company has a low return on equity of -3.13% over last 3 years.
- Company has high debtors of 7,821 days.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.32 | 0.05 | 0.07 | 0.07 | 15.40 | 0.10 | 0.08 | 0.09 | 0.05 | 0.05 | 0.05 | 0.07 | 0.05 | |
| 2.17 | 0.14 | 0.13 | 0.23 | 15.38 | 0.24 | 0.23 | 0.23 | 0.17 | 0.24 | 0.13 | 0.22 | 0.11 | |
| Operating Profit | 0.15 | -0.09 | -0.06 | -0.16 | 0.02 | -0.14 | -0.15 | -0.14 | -0.12 | -0.19 | -0.08 | -0.15 | -0.06 |
| OPM % | 6.47% | -180.00% | -85.71% | -228.57% | 0.13% | -140.00% | -187.50% | -155.56% | -240.00% | -380.00% | -160.00% | -214.29% | -120.00% |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.12 | -0.10 | -0.06 | -0.16 | 0.02 | -0.14 | -0.10 | -0.14 | -0.12 | -0.19 | -0.08 | -0.15 | -0.06 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| 0.12 | -0.10 | -0.06 | -0.16 | 0.02 | -0.14 | -0.10 | -0.14 | -0.12 | -0.19 | -0.08 | -0.15 | -0.06 | |
| EPS in Rs | 0.11 | -0.09 | -0.05 | -0.14 | 0.02 | -0.12 | -0.09 | -0.12 | -0.11 | -0.17 | -0.07 | -0.13 | -0.06 |
| 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: | 3% |
| 5 Years: | -3% |
| 3 Years: | 12% |
| TTM: | -29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | -13% |
| 3 Years: | -9% |
| TTM: | 63% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 61% |
| 3 Years: | 15% |
| 1 Year: | 20% |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -3% |
| 3 Years: | -3% |
| Last Year: | -3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.40 | 11.40 | 11.40 | 11.40 | 11.40 | 11.40 | 11.40 | 11.40 | 11.40 | 11.40 | 11.40 | 11.40 | 11.40 |
| Reserves | -5.90 | -6.01 | -6.06 | -6.22 | -6.20 | -6.34 | -6.44 | -6.58 | -6.70 | -6.89 | -6.97 | -7.11 | -7.15 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.22 | 0.26 | 0.22 | 0.22 | 0.22 | |
| 2.13 | 3.37 | 1.41 | 1.37 | 4.42 | 0.26 | 0.25 | 0.25 | 0.05 | 0.05 | 0.07 | 0.08 | 0.08 | |
| Total Liabilities | 7.63 | 8.76 | 6.75 | 6.55 | 9.62 | 5.32 | 5.21 | 5.07 | 4.97 | 4.82 | 4.72 | 4.59 | 4.55 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 3.66 | 3.66 | 0.00 | 0.00 | 3.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 3.97 | 5.10 | 6.75 | 6.55 | 6.56 | 5.32 | 5.21 | 5.07 | 4.97 | 4.82 | 4.72 | 4.59 | 4.55 | |
| Total Assets | 7.63 | 8.76 | 6.75 | 6.55 | 9.62 | 5.32 | 5.21 | 5.07 | 4.97 | 4.82 | 4.72 | 4.59 | 4.55 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.04 | 0.02 | -3.64 | -0.06 | 3.40 | -0.01 | -0.15 | -0.17 | 0.01 | -0.16 | 0.06 | -0.05 | |
| 0.00 | 0.00 | 0.00 | 0.00 | -3.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.00 | 0.00 | 3.66 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.19 | -0.04 | 0.00 | |
| Net Cash Flow | 0.04 | 0.02 | 0.02 | -0.06 | 0.33 | -0.01 | -0.15 | -0.17 | 0.01 | 0.03 | 0.02 | -0.04 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 92.82 | 17,301.00 | 17,050.71 | 16,268.57 | 67.55 | 5,475.00 | 6,843.75 | 6,083.33 | 10,950.00 | 10,950.00 | 10,950.00 | 7,821.43 |
| Inventory Days | 0.00 | 0.00 | ||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 92.82 | 17,301.00 | 17,050.71 | 16,268.57 | 67.55 | 5,475.00 | 6,843.75 | 6,083.33 | 10,950.00 | 10,950.00 | 10,950.00 | 7,821.43 |
| Working Capital Days | 281.62 | 12,191.00 | 27,375.00 | 26,853.57 | 42.19 | 17,191.50 | 21,717.50 | 19,385.56 | 21,243.00 | 21,024.00 | 20,002.00 | 13,765.71 |
| ROCE % | 2.76% | -1.65% | -1.12% | -3.04% | 0.39% | -2.73% | -2.00% | -2.86% | -2.46% | -3.92% | -1.70% | -3.28% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Apr - RTA Certificate under SEBI regulations for Q1 2025.
-
Updates on Open Offer
11 Apr - Open offer to acquire 34,00,000 equity shares at ₹4.50 each.
-
Recommendations of the Committee of ID under Reg 26(7) of SEBI (SAST) Regulations, 2011
8 Apr - Announcement text is unclear and incomplete.
-
Letter of Offer
4 Apr - Open offer to acquire 34,00,000 equity shares at ₹4.50 each.
- Closure of Trading Window 28 Mar
Annual reports
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Financial Year 2024
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Financial Year 2023
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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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Overview[1]
Source Industries India Ltd. operates in the field of textile processing, manufacturing blankets and processed cloth. Incorporated in 1984 as Tirumala Textile Processors Ltd. and later changed its name to Tirumala Seung Han Textiles Ltd. until 1996, Source Industries India is based in Hyderabad.