Hisar Spinning Mills Ltd

Hisar Spg. Mills Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Hisar Spinning Mills Ltd

₹ 52.1 0.19%
19 Apr - close price
hisarspinningmills.com BSE: 521068
About

Incorporated in 1992, Hisar Spinning Mills Ltd manufactures and sells cotton yarn blended textile products. It is situated in Hisar,Haryana[1]

Key Points

Business Overview:[1]
Company deals in cotton yarns and has installed 3 Open End machines with double-sided frame with 224 Rotors each, totalling 672 rotors along with Ring Doublers for the manufacture of Cotton Yarn, with an installed capacity of 2200 MT

Website BSE
  • Market Cap ₹ 19.5 Cr.
  • Current Price ₹ 52.1
  • High / Low ₹ 64.5 / 36.6
  • Stock P/E 14.0
  • Book Value ₹ 56.3
  • Dividend Yield 0.00 %
  • ROCE 20.3 %
  • ROE 17.8 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Stock is trading at 0.93 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 10.2% 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 - Cotton/Blended

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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
8.56 9.64 7.47 10.03 7.90 10.53 12.16 12.72 11.15 10.65 10.39 10.84 10.42
8.00 8.59 6.49 8.65 6.67 8.85 9.94 10.01 9.97 9.82 8.96 10.19 9.22
Operating Profit 0.56 1.05 0.98 1.38 1.23 1.68 2.22 2.71 1.18 0.83 1.43 0.65 1.20
OPM % 6.54% 10.89% 13.12% 13.76% 15.57% 15.95% 18.26% 21.31% 10.58% 7.79% 13.76% 6.00% 11.52%
0.14 0.22 0.20 0.21 0.08 0.44 0.04 0.04 0.05 -0.02 0.03 0.01 0.01
Interest 0.02 0.01 0.02 0.01 0.02 0.07 0.08 0.09 0.08 0.07 0.07 0.06 0.07
Depreciation 0.19 0.19 0.13 0.14 0.14 0.18 0.62 0.63 0.63 0.61 0.42 0.43 0.42
Profit before tax 0.49 1.07 1.03 1.44 1.15 1.87 1.56 2.03 0.52 0.13 0.97 0.17 0.72
Tax % 24.49% 26.17% 24.27% 25.00% 25.22% 23.53% 18.59% 22.66% 25.00% 38.46% 23.71% 64.71% 27.78%
0.36 0.79 0.77 1.08 0.86 1.42 1.25 1.57 0.40 0.08 0.73 0.06 0.52
EPS in Rs 0.96 2.12 2.06 2.89 2.30 3.80 3.35 4.20 1.07 0.21 1.95 0.16 1.39
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
15.00 17.51 21.09 23.92 23.93 26.85 28.74 30.48 31.41 28.71 35.93 46.69 42.30
13.43 15.31 18.36 21.39 20.71 22.58 24.54 25.79 27.56 26.22 30.67 39.76 38.19
Operating Profit 1.57 2.20 2.73 2.53 3.22 4.27 4.20 4.69 3.85 2.49 5.26 6.93 4.11
OPM % 10.47% 12.56% 12.94% 10.58% 13.46% 15.90% 14.61% 15.39% 12.26% 8.67% 14.64% 14.84% 9.72%
0.10 1.03 0.08 0.13 0.42 -0.22 0.14 0.26 0.20 0.42 0.92 0.11 0.03
Interest 0.34 0.44 0.34 0.28 0.47 0.74 0.61 0.52 0.22 0.08 0.11 0.31 0.27
Depreciation 0.80 1.37 1.11 1.35 2.31 2.72 1.88 1.25 1.06 0.78 0.60 2.49 1.88
Profit before tax 0.53 1.42 1.36 1.03 0.86 0.59 1.85 3.18 2.77 2.05 5.47 4.24 1.99
Tax % 18.87% 20.42% 12.50% 23.30% 31.40% 71.19% 23.78% 28.62% 28.52% 28.29% 24.68% 21.70%
0.43 1.13 1.20 0.79 0.60 0.17 1.41 2.27 1.98 1.47 4.13 3.31 1.39
EPS in Rs 1.15 3.03 3.21 2.12 1.61 0.46 3.78 6.08 5.30 3.94 11.06 8.86 3.71
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: 10%
5 Years: 10%
3 Years: 14%
TTM: -9%
Compounded Profit Growth
10 Years: 9%
5 Years: 18%
3 Years: 19%
TTM: -70%
Stock Price CAGR
10 Years: 16%
5 Years: 30%
3 Years: 66%
1 Year: -4%
Return on Equity
10 Years: 19%
5 Years: 21%
3 Years: 20%
Last Year: 18%

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 3.74 3.74 3.74 3.74 3.74 3.74 3.74 3.74 3.74 3.74 3.74 3.74 3.74
Reserves -1.00 0.14 1.33 2.12 2.72 2.23 3.21 5.66 7.65 9.10 13.18 16.51 17.29
Preference Capital 0.65 0.65 0.65 0.65 0.65 0.00 0.72 0.00 0.00 0.00 0.00 0.00
4.96 5.19 3.52 2.96 6.04 5.51 3.30 3.75 2.50 1.66 4.64 2.95 3.19
2.15 1.42 1.47 1.45 1.93 3.88 4.89 4.43 4.67 3.66 5.85 2.96 2.48
Total Liabilities 9.85 10.49 10.06 10.27 14.43 15.36 15.14 17.58 18.56 18.16 27.41 26.16 26.70
5.11 4.89 4.20 2.95 6.98 6.15 4.41 3.93 3.41 2.71 9.08 7.07 6.28
CWIP 0.94 0.00 0.00 0.38 0.59 0.00 0.00 0.24 0.00 0.00 0.07 0.00 0.00
Investments 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
3.80 5.60 5.86 6.94 6.86 9.21 10.73 13.41 15.15 15.45 18.26 19.09 20.42
Total Assets 9.85 10.49 10.06 10.27 14.43 15.36 15.14 17.58 18.56 18.16 27.41 26.16 26.70

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
1.90 -0.29 2.85 2.13 3.04 2.10 2.27 1.63 3.73 -0.61 2.43 1.31
-4.31 -0.15 -0.38 -1.72 -5.05 -0.75 -0.06 -0.38 -2.29 0.83 -4.84 -0.08
3.05 -0.23 -2.06 -0.81 2.65 -1.24 -2.31 -0.62 -1.47 -0.94 2.89 -2.00
Net Cash Flow 0.64 -0.67 0.41 -0.41 0.64 0.11 -0.10 0.63 -0.03 -0.72 0.48 -0.76

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 9.98 11.67 12.63 9.61 20.90 20.53 23.75 28.62 25.91 38.39 24.38 32.60
Inventory Days 63.23 141.06 103.56 80.31 92.21 110.52 116.32 155.68 134.43 180.76 230.27 151.04
Days Payable 11.28 13.63 9.68 9.03 10.50 9.49 8.36 19.19 32.65 29.24 74.57 28.41
Cash Conversion Cycle 61.92 139.11 106.51 80.90 102.61 121.56 131.71 165.11 127.69 189.92 180.08 155.23
Working Capital Days 25.06 80.67 58.50 43.79 39.81 50.16 60.58 88.62 56.24 110.35 111.14 116.72
ROCE % 12.19% 25.24% 17.93% 14.00% 10.17% 13.64% 22.09% 30.68% 22.04% 15.01% 30.95% 20.33%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
50.49% 50.49% 50.49% 50.49% 50.49% 50.48% 50.47% 50.47% 50.47% 50.47% 50.47% 50.47%
49.51% 49.51% 49.51% 49.51% 49.51% 49.52% 49.53% 49.54% 49.54% 49.53% 49.53% 49.53%
No. of Shareholders 10,08510,07810,05710,03110,0139,9969,9619,9329,9099,8839,8589,829

Documents

Announcements

Annual reports