Suditi Industries Ltd

Suditi Industries Ltd

₹ 55.3 1.96%
30 May - close price
About

Incorporated in 1991, Suditi Industries Ltd is in the business of processing and manufacturing of knitted hosiery fabrics and readymade garments, and is also in the business of retail sector[1]

Key Points

Product Portfolio:[1]
a) Knitting: The knitting department has an annual production capacity of ~2000 tons and it manufactures Single Jersey, Pique, Rib, Terry, Interlocks, Pointelle, Fleece and Jacquards.
b) Dyeing: The dyeing department has a daily dyeing capacity is ~12 tons of fabric and it primarily works with cotton, viscose and polyester blends
c) Printing: It provides customers with a variety of print techniques including Reactive, Discharge,
Disperse and Pigment prints
d) Finishing: This provides clients with products tailored to their exact specifications viz. finishing winter knits, softening fabrics or undertaking stain repellent and odour eliminating treatments.
e) Garmenting: This has a capacity of daily production of ~6000 pieces which includes knitted garments for men, women and kids

  • Market Cap 186 Cr.
  • Current Price 55.3
  • High / Low 56.4 / 11.6
  • Stock P/E 78.0
  • Book Value 18.5
  • Dividend Yield 0.00 %
  • ROCE 5.55 %
  • ROE 9.34 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Stock is trading at 2.98 times its book value
  • Promoter holding has decreased over last quarter: -13.9%
  • The company has delivered a poor sales growth of -2.28% over past five years.
  • Company has a low return on equity of -84.8% over last 3 years.
  • Earnings include an other income of Rs.1.21 Cr.
  • Company has high debtors of 204 days.
  • Working capital days have increased from 20.6 days to 85.0 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
22.32 26.96 26.16 25.03 14.28 16.97 17.31 14.90 10.48 12.61 17.70 21.88 33.15
44.28 25.76 27.67 29.67 28.75 17.67 20.10 15.84 17.25 13.87 17.97 20.12 30.16
Operating Profit -21.96 1.20 -1.51 -4.64 -14.47 -0.70 -2.79 -0.94 -6.77 -1.26 -0.27 1.76 2.99
OPM % -98.39% 4.45% -5.77% -18.54% -101.33% -4.12% -16.12% -6.31% -64.60% -9.99% -1.53% 8.04% 9.02%
-5.99 0.09 0.08 0.07 13.50 0.07 0.10 0.07 3.31 0.06 0.73 0.18 0.24
Interest 1.25 0.88 0.93 0.81 0.53 0.12 0.36 0.32 0.98 0.12 0.05 0.05 0.13
Depreciation 0.35 0.35 0.35 0.36 0.80 0.69 0.69 0.68 0.67 0.66 0.69 0.68 0.84
Profit before tax -29.55 0.06 -2.71 -5.74 -2.30 -1.44 -3.74 -1.87 -5.11 -1.98 -0.28 1.21 2.26
Tax % -0.03% 16.67% -1.48% 0.35% -6.96% 3.47% -3.74% -5.35% -2.15% 17.17% -39.29% -7.44% -57.52%
-29.53 0.04 -2.67 -5.76 -2.14 -1.49 -3.60 -1.77 -5.00 -2.32 -0.16 1.30 3.56
EPS in Rs -10.82 0.01 -1.01 -2.18 -0.81 -0.57 -1.37 -0.67 -1.90 -0.88 -0.06 0.49 1.35
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
55.11 58.55 66.68 81.52 97.70 111.43 95.74 50.56 98.21 91.44 59.65 85.33
51.00 53.34 59.83 73.35 88.46 100.77 90.03 59.50 115.71 110.76 70.85 82.12
Operating Profit 4.11 5.21 6.85 8.17 9.24 10.66 5.71 -8.94 -17.50 -19.32 -11.20 3.21
OPM % 7.46% 8.90% 10.27% 10.02% 9.46% 9.57% 5.96% -17.68% -17.82% -21.13% -18.78% 3.76%
0.24 0.50 0.57 0.29 0.17 0.19 0.54 0.09 -5.59 13.74 3.56 1.21
Interest 2.19 2.56 3.04 2.98 3.04 3.31 3.98 4.73 4.52 3.26 1.85 0.34
Depreciation 1.20 1.94 1.74 1.79 1.51 1.82 2.07 1.57 1.35 1.86 2.73 2.86
Profit before tax 0.96 1.21 2.64 3.69 4.86 5.72 0.20 -15.15 -28.96 -10.70 -12.16 1.22
Tax % 19.79% 19.01% 44.32% 42.82% 30.45% 31.64% 95.00% 0.26% 0.14% -1.59% -2.55% -95.08%
0.77 0.98 1.47 2.11 3.38 3.91 0.02 -15.18 -29.00 -10.53 -11.85 2.38
EPS in Rs 0.30 0.38 0.57 0.81 1.30 1.48 0.01 -5.56 -10.62 -3.99 -4.49 0.90
Dividend Payout % 108.25% 85.05% 79.38% 39.72% 9.92% 8.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 4%
5 Years: -2%
3 Years: -5%
TTM: 43%
Compounded Profit Growth
10 Years: 9%
5 Years: 160%
3 Years: 28%
TTM: 120%
Stock Price CAGR
10 Years: 11%
5 Years: 43%
3 Years: 18%
1 Year: 319%
Return on Equity
10 Years: -24%
5 Years: -83%
3 Years: -85%
Last Year: 9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 16.67 16.67 16.67 16.76 16.76 16.98 17.55 17.55 17.55 26.37 26.37 39.62
Reserves 8.32 9.01 10.12 12.64 16.29 20.62 24.37 9.19 -19.77 -12.56 -24.29 9.27
16.37 17.76 22.42 24.55 27.18 37.67 35.00 41.00 41.45 1.24 2.48 2.76
10.79 11.75 12.59 16.91 18.79 26.92 36.04 34.23 49.00 49.03 47.54 43.53
Total Liabilities 52.15 55.19 61.80 70.86 79.02 102.19 112.96 101.97 88.23 64.08 52.10 95.18
9.33 11.90 11.68 10.47 10.29 10.26 8.80 7.68 7.56 13.90 11.18 29.04
CWIP 4.01 0.21 0.21 0.43 1.87 0.60 1.49 1.63 1.54 0.00 0.00 0.00
Investments 0.02 0.07 0.92 0.92 0.97 0.96 0.96 0.96 2.12 2.13 2.14 2.14
38.79 43.01 48.99 59.04 65.89 90.37 101.71 91.70 77.01 48.05 38.78 64.00
Total Assets 52.15 55.19 61.80 70.86 79.02 102.19 112.96 101.97 88.23 64.08 52.10 95.18

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
3.11 1.69 -1.11 -0.93 7.77 -7.45 4.30 0.27 6.32 -3.10 3.68 -22.05
-2.33 -0.51 -2.45 -0.70 -7.52 0.07 -1.63 -0.63 -2.37 12.99 -0.89 -20.12
-0.75 -1.14 3.53 1.70 -0.18 7.44 -2.51 0.00 -3.96 -10.02 -2.80 42.71
Net Cash Flow 0.03 0.04 -0.03 0.08 0.07 0.06 0.16 -0.36 -0.01 -0.13 -0.01 0.54

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 64.51 68.26 101.49 101.55 87.27 142.98 155.93 261.91 137.59 131.69 179.35 203.95
Inventory Days 305.90 338.54 295.94 269.51 207.47 164.37 248.40 386.93 99.07 34.06 25.84 20.59
Days Payable 140.95 137.71 126.83 125.10 96.80 117.89 171.29 263.44 154.24 160.25 175.51 145.38
Cash Conversion Cycle 229.46 269.09 270.60 245.96 197.95 189.46 233.03 385.40 82.42 5.50 29.68 79.16
Working Capital Days 146.11 157.53 174.40 169.61 143.35 181.34 217.92 357.20 75.26 17.80 -41.12 84.99
ROCE % 8.13% 9.06% 12.26% 12.93% 13.84% 13.33% 5.51% -14.41% -33.97% -76.31% -105.76% 5.55%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
67.06% 71.68% 71.68% 71.68% 71.68% 71.68% 71.68% 71.68% 71.68% 71.68% 71.68% 57.81%
0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
32.93% 28.32% 28.30% 28.30% 28.30% 28.31% 28.31% 28.31% 28.31% 28.31% 28.31% 42.20%
No. of Shareholders 7,0657,4147,0487,0777,0947,0816,7776,8216,8697,0247,0456,470

* 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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