Aditya Spinners Ltd

Aditya Spinners Ltd

₹ 19.9 -0.55%
30 May - close price
About

Incorporated in 1991, Aditya Spinners Ltd
is in the business of manufacture and sale
of yarn[1]

Key Points

Product Profile:[1]
Company is in the field of blended yarn in medium and fined count segment with specialized products, viz.
a) Silk Yarn
b) Polyester Yarn
c) Weaving Yarn
d) Cotton Yarn
e) Woolen Yarn
f) Staple Yarn

  • Market Cap 33.3 Cr.
  • Current Price 19.9
  • High / Low 32.0 / 18.6
  • Stock P/E 17.9
  • Book Value 29.2
  • Dividend Yield 0.00 %
  • ROCE 5.17 %
  • ROE 3.81 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.68 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company has a low return on equity of 8.04% over last 3 years.
  • Earnings include an other income of Rs.1.66 Cr.

* 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

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
15.86 10.50 13.99 19.34 20.17 18.00 18.56 16.69 15.65 16.21 15.65 16.49 12.91
13.25 9.47 12.83 16.25 18.58 16.05 15.98 14.71 14.97 14.81 14.81 15.38 11.85
Operating Profit 2.61 1.03 1.16 3.09 1.59 1.95 2.58 1.98 0.68 1.40 0.84 1.11 1.06
OPM % 16.46% 9.81% 8.29% 15.98% 7.88% 10.83% 13.90% 11.86% 4.35% 8.64% 5.37% 6.73% 8.21%
0.48 0.00 0.18 0.13 0.11 0.11 0.04 0.16 0.27 0.03 0.23 0.01 1.40
Interest 0.40 0.45 0.40 0.36 0.58 0.35 0.43 0.42 0.45 0.45 0.41 0.37 0.40
Depreciation 0.47 0.47 0.47 0.48 0.60 0.51 0.51 0.61 0.65 0.69 0.69 0.69 0.52
Profit before tax 2.22 0.11 0.47 2.38 0.52 1.20 1.68 1.11 -0.15 0.29 -0.03 0.06 1.54
Tax % 12.61% 0.00% -10.64% -2.10% 34.62% 4.17% 8.93% 18.02% -820.00% -6.90% 66.67% 0.00% 3.90%
1.94 0.11 0.52 2.43 0.34 1.15 1.53 0.91 -1.38 0.31 -0.01 0.06 1.49
EPS in Rs 1.16 0.07 0.31 1.45 0.20 0.69 0.91 0.54 -0.82 0.19 -0.01 0.04 0.89
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
37.04 41.28 43.74 47.22 53.24 54.14 60.87 56.97 33.41 64.01 68.89 61.26
34.70 39.60 41.33 44.11 49.41 50.03 57.19 52.76 30.79 57.13 61.71 56.85
Operating Profit 2.34 1.68 2.41 3.11 3.83 4.11 3.68 4.21 2.62 6.88 7.18 4.41
OPM % 6.32% 4.07% 5.51% 6.59% 7.19% 7.59% 6.05% 7.39% 7.84% 10.75% 10.42% 7.20%
0.00 0.45 0.38 0.18 0.08 0.07 0.51 0.65 0.56 0.42 0.58 1.66
Interest 0.71 0.26 0.81 0.89 1.70 2.25 1.87 1.99 1.82 1.80 1.64 1.62
Depreciation 0.69 0.75 0.80 1.09 1.39 1.80 1.62 1.78 1.88 2.02 2.28 2.59
Profit before tax 0.94 1.12 1.18 1.31 0.82 0.13 0.70 1.09 -0.52 3.48 3.84 1.86
Tax % 2.13% 0.89% 0.85% 4.58% 17.07% 69.23% -30.00% -417.43% 19.23% 2.30% -4.43% 0.54%
0.92 1.10 1.17 1.26 0.67 0.04 0.91 5.63 -0.42 3.40 4.02 1.86
EPS in Rs 0.55 0.66 0.70 0.75 0.40 0.02 0.54 3.36 -0.25 2.03 2.40 1.11
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: 4%
5 Years: 0%
3 Years: 22%
TTM: -11%
Compounded Profit Growth
10 Years: 5%
5 Years: 15%
3 Years: 85%
TTM: -54%
Stock Price CAGR
10 Years: %
5 Years: 38%
3 Years: 22%
1 Year: 1%
Return on Equity
10 Years: 8%
5 Years: 9%
3 Years: 8%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 16.74 16.74 16.74 16.74 16.74 16.74 16.74 16.74 16.74 16.74 16.74 16.74
Reserves -9.39 -8.29 1.44 1.09 0.26 -1.31 -2.00 10.61 9.32 12.48 31.97 32.22
0.86 6.53 6.79 13.26 17.70 17.88 18.16 20.11 20.58 20.54 21.04 15.85
7.63 4.14 2.19 3.19 3.75 4.71 4.50 5.02 4.09 5.78 7.55 5.33
Total Liabilities 15.84 19.12 27.16 34.28 38.45 38.02 37.40 52.48 50.73 55.54 77.30 70.14
8.79 9.04 19.17 22.33 25.20 27.67 26.56 38.04 35.92 33.76 58.68 56.67
CWIP 0.00 0.00 0.19 1.82 2.36 0.14 0.00 0.00 0.00 5.85 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
7.05 10.08 7.80 10.13 10.89 10.21 10.84 14.44 14.81 15.93 18.62 13.47
Total Assets 15.84 19.12 27.16 34.28 38.45 38.02 37.40 52.48 50.73 55.54 77.30 70.14

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2.70 -0.11 1.27 2.54 3.46 3.02 4.32 5.41 2.66 6.01 5.77 8.83
-0.43 -1.00 -2.57 -7.49 -8.13 -1.76 -2.73 -5.75 -0.63 -5.98 -5.81 -0.73
-2.18 3.67 -0.95 5.86 3.34 -1.26 -1.59 0.35 -2.05 -0.07 0.05 -8.09
Net Cash Flow 0.09 2.56 -2.25 0.91 -1.33 0.00 -0.01 0.01 -0.01 -0.04 0.02 0.00

Ratios

Figures in Rs. Crores

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 27.59 25.91 19.19 26.75 22.90 21.91 26.20 24.79 32.12 20.98 11.34 10.13
Inventory Days 46.30 50.18 48.08 49.65 51.90 70.05 42.33 56.25 133.58 53.28 58.02 77.36
Days Payable 45.90 20.49 6.77 7.44 8.24 8.88 7.42 14.59 21.23 8.56 13.80 11.03
Cash Conversion Cycle 27.99 55.60 60.50 68.95 66.55 83.08 61.12 66.45 144.47 65.70 55.56 76.46
Working Capital Days 6.11 27.23 33.05 32.31 38.32 30.54 36.22 31.27 50.04 40.83 42.81 35.21
ROCE % 20.04% 11.90% 9.96% 7.85% 7.69% 7.00% 7.76% 7.19% 2.74% 10.95% 9.17%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
66.37% 66.37% 66.37% 66.37% 66.37% 66.36% 66.36% 66.36% 66.36% 66.36% 66.36% 66.36%
0.53% 0.53% 0.53% 0.53% 0.53% 0.53% 0.53% 0.53% 0.53% 0.53% 0.53% 0.53%
33.10% 33.10% 33.10% 33.10% 33.10% 33.10% 33.11% 33.10% 33.10% 33.11% 33.10% 33.10%
No. of Shareholders 45,62345,79146,15746,20346,05746,18846,18745,94445,68445,35145,36545,324

* 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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