Sri Lakshmi Saraswathi Textiles (Arni) Ltd

Sri Lakshmi Saraswathi Textiles (Arni) Ltd

₹ 43.0 -0.69%
18 Jun - close price
About

Incorporated in 1964, Sri Lakshmi Saraswathi Textile Ltd is engaged in manufacturing of Yarn and Surgical Face Mask and generation of electricity from its windmills for its captive consumption.

Key Points

Product Profile:[1]
a) 100% Cotton Yarn- Combed - Indian Cotton
b) 100% Cotton Yarn - Combed - Giza Cotton
c) Polyester Cotton Yarn - Combed
d) Open End Yarn - Carded

  • Market Cap 14.3 Cr.
  • Current Price 43.0
  • High / Low 58.0 / 28.2
  • Stock P/E
  • Book Value -144
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 2.63% over past five 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 - Cotton/Blended

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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
32.61 31.33 36.60 40.62 41.58 42.97 37.79 35.87 34.40 35.06 33.11 30.65 28.30
27.85 28.93 34.51 38.39 39.79 43.33 42.92 41.37 38.40 38.86 36.41 34.50 31.36
Operating Profit 4.76 2.40 2.09 2.23 1.79 -0.36 -5.13 -5.50 -4.00 -3.80 -3.30 -3.85 -3.06
OPM % 14.60% 7.66% 5.71% 5.49% 4.30% -0.84% -13.58% -15.33% -11.63% -10.84% -9.97% -12.56% -10.81%
0.05 0.01 0.02 0.01 0.07 0.10 0.02 0.24 0.27 0.04 0.04 0.04 0.21
Interest 0.49 0.69 0.68 0.91 0.49 0.79 1.00 0.79 1.16 1.02 1.33 1.33 0.69
Depreciation 0.40 0.35 0.38 0.38 0.38 0.41 0.41 0.42 0.49 0.46 0.49 0.49 0.48
Profit before tax 3.92 1.37 1.05 0.95 0.99 -1.46 -6.52 -6.47 -5.38 -5.24 -5.08 -5.63 -4.02
Tax % 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%
3.91 1.37 1.05 0.95 0.99 -1.45 -6.52 -6.47 -5.39 -5.25 -5.08 -5.63 -4.03
EPS in Rs 11.73 4.11 3.15 2.85 2.97 -4.35 -19.56 -19.41 -16.17 -15.75 -15.24 -16.89 -12.09
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
115 126 115 109 96 99 112 93 86 150 151 127
101 119 112 111 98 102 116 101 83 142 166 141
Operating Profit 14 6 3 -2 -2 -4 -4 -8 3 8 -15 -14
OPM % 12% 5% 2% -2% -2% -4% -4% -9% 3% 6% -10% -11%
0 1 -2 1 -1 3 0 0 0 0 1 0
Interest 3 1 1 1 1 1 2 2 2 3 4 4
Depreciation 3 2 2 2 1 1 1 1 2 1 2 2
Profit before tax 9 4 -2 -4 -5 -4 -7 -11 -1 4 -20 -20
Tax % 18% 47% 5% -3% 4% 0% -1% 0% 0% 0% 0% 0%
7 2 -2 -4 -5 -4 -7 -11 -1 4 -20 -20
EPS in Rs 22.05 5.85 -6.66 -11.97 -15.09 -10.68 -21.36 -33.64 -4.02 13.08 -59.50 -59.95
Dividend Payout % 0% 2% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 0%
5 Years: 3%
3 Years: 14%
TTM: -16%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 1%
Stock Price CAGR
10 Years: 3%
5 Years: %
3 Years: 83%
1 Year: 31%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

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 3 3 3 3 3 3 3 3 3 3 3 3
Reserves 18 20 17 13 8 4 -3 -14 -15 -11 -31 -51
10 7 7 5 3 4 3 7 10 12 17 14
14 13 8 14 18 21 26 32 32 35 51 70
Total Liabilities 46 43 36 36 32 32 29 28 30 39 41 37
16 17 14 13 13 12 11 12 12 12 15 15
CWIP 1 0 0 0 0 0 0 0 0 2 5 4
Investments 1 1 1 1 1 0 0 0 0 0 1 1
28 25 21 21 18 20 18 16 18 25 19 16
Total Assets 46 43 36 36 32 32 29 28 30 39 41 37

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
14 7 0 4 4 0 3 -1 2 7 6 4
-0 -3 0 -1 -0 1 -1 -2 -2 -4 -9 -1
-13 -4 -1 -3 -3 -1 -3 3 0 -2 1 -2
Net Cash Flow -0 -0 -0 0 0 0 0 -0 0 1 -1 -0

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 32 23 8 13 6 15 10 3 7 5 3 5
Inventory Days 56 35 48 38 56 54 41 54 69 59 29 19
Days Payable 39 23 7 33 57 71 82 128 143 90 115 190
Cash Conversion Cycle 49 35 49 17 6 -2 -31 -70 -66 -26 -83 -166
Working Capital Days 40 32 35 19 -4 -11 -34 -71 -77 -42 -94 -166
ROCE % 35% 15% 4% -12% -17% -39% -79% 695%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
55.09% 55.09% 55.09% 55.09% 55.09% 55.09% 55.09% 55.09% 55.09% 55.09% 55.09% 55.09%
44.91% 44.91% 44.91% 44.91% 44.91% 44.92% 44.92% 44.92% 44.92% 44.92% 44.92% 44.91%
No. of Shareholders 3,4493,4612,5712,6262,6332,6572,7282,7602,7722,7752,7482,781

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