Dhanlaxmi Fabrics Ltd
Incorporated in 1980, Dhanlaxmi Fabric Ltd is
engaged in manufacturing and processing of Textile and allied products/services and Power Generation.
- Market Cap ₹ 54.5 Cr.
- Current Price ₹ 63.5
- High / Low ₹ 76.0 / 34.9
- Stock P/E
- Book Value ₹ 58.9
- Dividend Yield 0.00 %
- ROCE 3.34 %
- ROE 1.47 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.08 times its book value
- Debtor days have improved from 69.1 to 45.4 days.
- Company's working capital requirements have reduced from 140 days to 87.4 days
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 2.21% over past five years.
- Company has a low return on equity of 0.88% over last 3 years.
- Company's cost of borrowing seems high
* 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 - Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
45.22 | 57.08 | 63.06 | 78.37 | 88.37 | 92.81 | 70.24 | 74.02 | 77.58 | 43.35 | 65.67 | 78.35 | 27.04 | |
39.73 | 50.77 | 52.33 | 69.10 | 77.70 | 82.22 | 63.69 | 65.98 | 66.33 | 39.76 | 61.78 | 73.70 | 30.08 | |
Operating Profit | 5.49 | 6.31 | 10.73 | 9.27 | 10.67 | 10.59 | 6.55 | 8.04 | 11.25 | 3.59 | 3.89 | 4.65 | -3.04 |
OPM % | 12.14% | 11.05% | 17.02% | 11.83% | 12.07% | 11.41% | 9.33% | 10.86% | 14.50% | 8.28% | 5.92% | 5.93% | -11.24% |
0.25 | 0.94 | 1.04 | 1.28 | -1.63 | 1.04 | 2.70 | 4.34 | -4.00 | 0.97 | 0.77 | 0.32 | -0.11 | |
Interest | 0.76 | 0.77 | 1.90 | 3.14 | 2.77 | 3.26 | 2.84 | 2.25 | 1.58 | 0.89 | 0.87 | 1.02 | 0.34 |
Depreciation | 4.78 | 4.76 | 5.94 | 4.88 | 4.85 | 3.89 | 4.07 | 4.04 | 3.46 | 3.26 | 3.05 | 2.99 | 1.52 |
Profit before tax | 0.20 | 1.72 | 3.93 | 2.53 | 1.42 | 4.48 | 2.34 | 6.09 | 2.21 | 0.41 | 0.74 | 0.96 | -5.01 |
Tax % | 25.00% | 30.23% | 53.94% | 25.69% | 56.34% | 43.75% | 33.33% | -1.31% | 15.84% | -12.20% | 27.03% | 25.00% | |
0.16 | 1.19 | 1.81 | 1.88 | 0.62 | 2.52 | 1.56 | 6.17 | 1.85 | 0.47 | 0.54 | 0.72 | -4.99 | |
EPS in Rs | 0.19 | 1.39 | 2.11 | 2.19 | 0.72 | 2.94 | 1.82 | 7.19 | 2.16 | 0.55 | 0.63 | 0.84 | -5.81 |
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: | 2% |
3 Years: | 0% |
TTM: | -68% |
Compounded Profit Growth | |
---|---|
10 Years: | -4% |
5 Years: | -13% |
3 Years: | -50% |
TTM: | -323% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 16% |
3 Years: | 50% |
1 Year: | 61% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 1% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 8.58 | 8.58 | 8.58 | 8.58 | 8.58 | 8.58 | 8.58 | 8.58 | 8.58 | 8.58 | 8.58 | 8.58 | 8.58 |
Reserves | 25.73 | 26.98 | 28.79 | 30.29 | 30.91 | 33.43 | 34.99 | 41.16 | 43.01 | 43.48 | 44.02 | 44.74 | 42.00 |
5.91 | 7.42 | 27.39 | 22.03 | 25.07 | 31.22 | 24.33 | 21.81 | 13.80 | 6.81 | 14.59 | 9.02 | 0.36 | |
12.33 | 18.30 | 27.55 | 26.09 | 19.60 | 17.01 | 10.64 | 9.87 | 7.92 | 7.94 | 6.93 | 5.12 | 3.40 | |
Total Liabilities | 52.55 | 61.28 | 92.31 | 86.99 | 84.16 | 90.24 | 78.54 | 81.42 | 73.31 | 66.81 | 74.12 | 67.46 | 54.34 |
26.36 | 21.75 | 40.87 | 34.20 | 28.59 | 33.67 | 30.17 | 26.76 | 23.29 | 19.54 | 16.65 | 14.43 | 13.88 | |
CWIP | 3.71 | 8.85 | 7.56 | 7.56 | 13.56 | 10.56 | 10.81 | 10.48 | 10.48 | 10.49 | 10.50 | 13.96 | 13.96 |
Investments | 0.67 | 0.67 | 0.67 | 0.67 | 0.67 | 0.67 | 0.67 | 0.67 | 0.67 | 0.67 | 0.67 | 8.52 | 0.67 |
21.81 | 30.01 | 43.21 | 44.56 | 41.34 | 45.34 | 36.89 | 43.51 | 38.87 | 36.11 | 46.30 | 30.55 | 25.83 | |
Total Assets | 52.55 | 61.28 | 92.31 | 86.99 | 84.16 | 90.24 | 78.54 | 81.42 | 73.31 | 66.81 | 74.12 | 67.46 | 54.34 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11.61 | 0.00 | 4.44 | 4.74 | -0.48 | 4.48 | 15.49 | -0.21 | 4.82 | 5.93 | -7.65 | 13.31 | |
-1.69 | -3.10 | -22.19 | 1.99 | 0.36 | -8.89 | -5.89 | 4.32 | 5.63 | 0.33 | 0.51 | -7.01 | |
-7.79 | 1.04 | 18.11 | -6.87 | 0.19 | 4.44 | -9.69 | -3.90 | -10.65 | -6.22 | 7.09 | -6.27 | |
Net Cash Flow | 2.13 | -2.06 | 0.36 | -0.14 | 0.07 | 0.03 | -0.09 | 0.20 | -0.20 | 0.04 | -0.05 | 0.03 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 85.64 | 127.19 | 125.43 | 96.18 | 62.37 | 90.77 | 77.27 | 94.28 | 76.17 | 96.15 | 65.75 | 45.37 |
Inventory Days | 62.65 | 43.31 | 132.08 | 105.53 | 78.21 | 98.09 | 86.19 | 113.00 | 118.51 | 168.86 | 203.46 | 97.00 |
Days Payable | 80.93 | 159.74 | 156.44 | 100.08 | 40.72 | 64.66 | 48.70 | 63.85 | 67.44 | 97.21 | 55.99 | 30.85 |
Cash Conversion Cycle | 67.37 | 10.76 | 101.06 | 101.63 | 99.87 | 124.20 | 114.77 | 143.44 | 127.24 | 167.81 | 213.21 | 111.52 |
Working Capital Days | 83.95 | 87.29 | 107.43 | 97.71 | 89.92 | 102.29 | 99.62 | 127.76 | 110.94 | 168.48 | 165.24 | 87.44 |
ROCE % | 2.08% | 6.11% | 10.23% | 8.90% | 13.66% | 11.39% | 7.40% | 8.49% | 13.10% | 1.09% | 1.79% | 3.34% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 30 Apr
- Submission Of Compliance Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024. 29 Apr
- Updating The Contact Details Of Key Managerial Personnel For Determining Materiality Of Event Or Information And Making Disclosures Under Regulation 30(5) Of SEBI (LODR) Regulations, 2015, As Amended 29 Apr
- Brief Profile Of Company Secretary Ms. Ushma Dudani (ACS: A21452) Towards Her Appointment As Company Secretary And Compliance Officer Of The Company, In Terms Of Circular CIR/CFD/CMD/4/2015 Dated September 9, 2015 29 Apr
-
Appointment of Company Secretary and Compliance Officer
29 Apr - Company was held today on 29.04.2024 at 03.00 p.m. and concluded at 03.45 p.m. The Board appointed Ms. Ushma Dadani (Mem No.A21452) as Company Secretary …
Annual reports
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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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Financial Year 2009
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Product Portfolio:[1]
a) Fabric: Cotton, Viscose, Polyester, Blended, Lycra as Pure White, Reactive or Vat Dyed, Pigment, Reactive, Prints, Disperse or Dis-change print with finishes as required by customers.
b) Yarn: Pure White, Reactive or Vat Dyed Cotton, Rayon, Polyester or Blended yarn.