Shree Bhavya Fabrics Ltd

Shree Bhavya Fabrics Ltd

₹ 21.7 0.05%
24 May - close price
About

Incorporated in 1988, Shree Bhavya Fabrics Limited was formerly known as Anjani Dham Industries Ltd. and later as Anjani Fabrics Ltd.
The company is engaged in the manufacturing, distribution and marketing of textile products in India and abroad.

Key Points

Product Portfolio:[1]
a) Bottom Weight Fabric:
The company supplies products such as Dobbies, double cloth, corduroys, cotton twills, cotton Tussar, cotton viscose, micro tussar, pc x pc, etc.
b) Shirting Fabric:
The company provides shirting fabrics like Rich Cotton, Casuals, Plaid, Striped, Micro-Dot, Classic, Military, and Western
c) Home Furnishings:
The company offers sheets in Rich 100% Cotton, Curtain Fabric, Poly Cotton, Union Fabric. The range of Bed sheets includes Quilt Covers/Duvet Covers, Flat Sheets, Fitted Sheets, Pillow Covers, Bolster Case, Cushion covers, etc.

  • Market Cap 20.6 Cr.
  • Current Price 21.7
  • High / Low 33.2 / 14.5
  • Stock P/E 12.7
  • Book Value 33.8
  • Dividend Yield 0.00 %
  • ROCE 10.6 %
  • ROE 5.08 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.64 times its book value

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 -3.02% over past five years.
  • Company has a low return on equity of 2.34% over last 3 years.
  • Promoters have pledged 40.2% of their holding.

* 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

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
52.37 49.89 26.31 44.55 42.89 44.55 52.91 49.51 37.87 53.79 40.80 45.82 33.46
48.70 45.56 23.61 42.42 40.76 42.82 50.67 46.96 35.21 51.91 37.82 43.27 31.08
Operating Profit 3.67 4.33 2.70 2.13 2.13 1.73 2.24 2.55 2.66 1.88 2.98 2.55 2.38
OPM % 7.01% 8.68% 10.26% 4.78% 4.97% 3.88% 4.23% 5.15% 7.02% 3.50% 7.30% 5.57% 7.11%
0.22 0.13 0.08 0.01 0.01 0.06 0.06 0.04 0.05 0.60 0.03 0.18 0.08
Interest 1.85 2.09 2.25 1.69 1.77 1.46 1.70 1.77 1.89 2.00 1.95 1.95 2.00
Depreciation 0.45 0.38 0.38 0.29 0.47 -0.15 0.25 0.24 0.24 0.14 0.20 0.20 0.22
Profit before tax 1.59 1.99 0.15 0.16 -0.10 0.48 0.35 0.58 0.58 0.34 0.86 0.58 0.24
Tax % 2.52% 4.52% 0.00% 56.25% 50.00% 33.33% 25.71% 20.69% 34.48% -23.53% 9.30% 65.52% 12.50%
1.55 1.90 0.15 0.07 -0.05 0.32 0.26 0.46 0.39 0.43 0.78 0.21 0.21
EPS in Rs 1.63 2.00 0.16 0.07 -0.05 0.34 0.27 0.48 0.41 0.45 0.82 0.22 0.22
Raw PDF
Upcoming result date: 30 May 2024

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
247 234 235 246 222 215 225 237 202 144 158 193 174
234 222 224 234 210 204 214 225 190 135 149 184 164
Operating Profit 12 12 11 11 12 11 11 12 12 9 9 9 10
OPM % 5% 5% 4% 5% 5% 5% 5% 5% 6% 6% 6% 5% 6%
0 0 0 0 0 0 1 0 0 1 0 1 1
Interest 9 9 8 9 8 8 7 8 9 8 7 7 8
Depreciation 3 3 2 3 3 3 2 2 2 2 1 1 1
Profit before tax 0 1 1 1 1 1 2 2 1 0 1 2 2
Tax % 34% 34% 41% 30% 41% 29% 26% 32% 28% 83% 29% 17%
0 0 0 0 0 1 1 1 1 0 0 2 2
EPS in Rs 0.33 0.41 0.38 0.43 0.42 0.61 1.41 1.44 0.92 0.03 0.53 1.62 1.71
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -2%
5 Years: -3%
3 Years: -1%
TTM: -6%
Compounded Profit Growth
10 Years: 15%
5 Years: 3%
3 Years: 21%
TTM: 14%
Stock Price CAGR
10 Years: 12%
5 Years: 28%
3 Years: 59%
1 Year: 50%
Return on Equity
10 Years: 3%
5 Years: 3%
3 Years: 2%
Last Year: 5%

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 10 10 10 10 10 10 10 10 10 10 10 10 10
Reserves 14 14 15 15 15 16 17 19 20 20 20 22 23
61 61 58 58 54 61 57 60 60 66 56 59 56
31 27 35 45 55 43 54 60 58 54 64 70 67
Total Liabilities 116 111 117 127 133 129 138 149 147 149 150 160 156
16 13 13 14 12 12 14 13 11 10 12 11 11
CWIP 0 1 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
99 98 104 113 121 117 124 136 136 139 138 149 145
Total Assets 116 111 117 127 133 129 138 149 147 149 150 160 156

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
2 3 3 4 4 -5 7 -5 1 2 19 4
0 -0 -0 -3 -0 -3 -5 -0 -0 -0 -2 0
-2 -2 -2 -0 -4 7 -4 3 -1 -1 -16 -4
Net Cash Flow -0 1 0 0 -0 -0 -1 -2 0 0 -0 0

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 89 99 97 96 116 122 134 143 141 176 136 143
Inventory Days 61 53 69 83 101 91 80 84 139 265 342 255
Days Payable 31 23 30 40 64 51 73 82 90 111 84 98
Cash Conversion Cycle 119 130 137 139 154 162 142 145 190 329 394 300
Working Capital Days 96 101 99 92 100 113 102 106 132 211 170 145
ROCE % 11% 11% 10% 11% 11% 11% 11% 12% 11% 9% 9% 11%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
47.27% 47.27% 47.27% 47.27% 47.27% 47.27% 47.27% 47.27% 47.27% 47.27% 47.27% 47.27%
52.73% 52.73% 52.73% 52.73% 52.73% 52.73% 52.73% 52.73% 52.72% 52.73% 52.74% 52.73%
No. of Shareholders 2,8972,9753,5073,5623,5713,5213,5033,4943,4863,6103,6533,733

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