Sri Ramakrishna Mills (Coimbatore) Ltd

Sri Ramakrishna Mills (Coimbatore) Ltd

₹ 49.6 2.42%
27 Feb 4:01 p.m.
About

Incorporated in 1951, Sri Ramakrishna Mills (Coimbatore) is in the business of Textiles and Real Estate[1]

Key Points

Product Range:[1]
These include Carded & Combed yarn Auto Levelled & Auto Coned yarn, Ring Doubled /TFO Multi Fold Yarns.& Organic and Fair-trade yarns
a) O/E Yarns - Cotton & P/C: 6s to 20s
b) Ring Spun Yarns – Cotton: 10s to 90s
c) P/C: 30s to 70s
d) Special Yarns – Slub: 10s to 60s

  • Market Cap 35.3 Cr.
  • Current Price 49.6
  • High / Low 50.0 / 18.0
  • Stock P/E 5.69
  • Book Value 22.1
  • Dividend Yield 0.00 %
  • ROCE 8.57 %
  • ROE 4.57 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has a good return on equity (ROE) track record: 3 Years ROE 10.8%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 10.8% over last 3 years.

* 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

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
6.22 10.14 7.54 12.11 11.82 12.59 10.64 5.82 9.90 13.15 13.49 13.93 10.00
3.77 7.17 7.33 7.96 12.39 10.29 9.66 7.15 8.80 9.85 11.21 9.64 8.68
Operating Profit 2.45 2.97 0.21 4.15 -0.57 2.30 0.98 -1.33 1.10 3.30 2.28 4.29 1.32
OPM % 39.39% 29.29% 2.79% 34.27% -4.82% 18.27% 9.21% -22.85% 11.11% 25.10% 16.90% 30.80% 13.20%
0.08 0.39 0.25 0.13 0.24 0.18 0.09 0.08 0.06 0.14 0.11 0.84 0.56
Interest 0.74 1.58 0.73 0.80 0.74 0.87 0.74 0.70 0.76 0.94 0.84 0.85 0.85
Depreciation 0.06 0.08 0.06 0.06 0.06 0.09 0.07 0.07 0.21 0.54 0.25 0.27 0.18
Profit before tax 1.73 1.70 -0.33 3.42 -1.13 1.52 0.26 -2.02 0.19 1.96 1.30 4.01 0.85
Tax % 2.89% 70.00% 0.00% 22.81% 24.78% 44.74% 26.92% 0.00% 0.00% 3.06% 25.38% 23.19% 38.82%
1.68 0.50 -0.33 2.64 -0.85 0.84 0.19 -2.02 0.20 1.90 0.97 3.08 0.52
EPS in Rs 2.36 0.70 -0.46 3.71 -1.19 1.18 0.27 -2.84 0.28 2.67 1.36 4.33 0.73
Raw PDF

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
42.09 37.82 17.31 16.26 18.62 10.88 13.33 27.07 31.40 21.04 44.06 39.39 50.57
48.81 38.39 19.19 19.11 21.19 14.88 17.85 16.64 17.64 15.53 37.67 34.96 39.38
Operating Profit -6.72 -0.57 -1.88 -2.85 -2.57 -4.00 -4.52 10.43 13.76 5.51 6.39 4.43 11.19
OPM % -15.97% -1.51% -10.86% -17.53% -13.80% -36.76% -33.91% 38.53% 43.82% 26.19% 14.50% 11.25% 22.13%
8.53 2.65 2.63 6.93 1.15 7.67 1.49 0.51 0.48 0.66 0.56 -0.01 1.65
Interest 4.16 3.87 3.23 4.49 3.12 3.00 2.62 3.15 2.70 4.01 3.20 3.13 3.48
Depreciation 1.80 0.92 1.02 1.23 0.80 0.64 0.39 0.35 0.28 0.25 0.28 0.89 1.24
Profit before tax -4.15 -2.71 -3.50 -1.64 -5.34 0.03 -6.04 7.44 11.26 1.91 3.47 0.40 8.12
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% -66.67% 36.42% 51.08% 51.51% 65.45% 33.72% 30.00%
-4.15 -2.70 -3.50 -1.64 -5.35 0.04 -3.84 3.65 5.45 0.66 2.30 0.28 6.47
EPS in Rs -5.83 -3.79 -4.92 -2.30 -7.52 0.06 -5.39 5.13 7.66 0.93 3.23 0.39 9.09
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: 0%
5 Years: 24%
3 Years: 8%
TTM: 30%
Compounded Profit Growth
10 Years: 8%
5 Years: 16%
3 Years: -54%
TTM: 895%
Stock Price CAGR
10 Years: 8%
5 Years: 29%
3 Years: 75%
1 Year: 84%
Return on Equity
10 Years: -20%
5 Years: 32%
3 Years: 11%
Last Year: 5%

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 7.12 7.12 7.12 7.12 7.12 7.12 7.12 7.12 7.12 7.12 7.12 7.12 7.12
Reserves 15.59 13.03 8.98 4.91 -0.44 -2.12 -7.36 -3.72 1.80 2.38 4.52 4.85 8.60
33.45 27.12 25.38 32.91 26.52 31.44 30.96 33.18 35.56 33.92 34.09 33.50 42.82
14.35 15.17 17.25 16.89 24.31 20.15 21.63 23.87 14.10 15.88 13.30 12.22 15.28
Total Liabilities 70.51 62.44 58.73 61.83 57.51 56.59 52.35 60.45 58.58 59.30 59.03 57.69 73.82
20.19 17.78 14.33 10.56 9.73 8.84 8.21 5.40 5.03 4.72 5.23 8.96 20.28
CWIP 0.00 0.11 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07 2.99 2.99
Investments 0.37 0.01 0.02 0.02 0.02 0.03 0.01 0.01 0.00 0.00 0.00 0.00 0.00
49.95 44.54 44.38 51.25 47.76 47.72 44.13 55.04 53.55 54.58 53.73 45.74 50.55
Total Assets 70.51 62.44 58.73 61.83 57.51 56.59 52.35 60.45 58.58 59.30 59.03 57.69 73.82

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
2.44 2.32 4.00 -5.31 7.77 -2.90 1.91 -0.58 -0.36 5.58 5.93 10.05
-0.18 2.48 3.68 -0.76 0.99 0.32 1.40 0.39 0.80 0.41 -2.90 -6.29
-1.73 -6.02 -7.86 6.29 -8.93 2.56 -3.27 0.17 -0.25 -6.18 -3.03 -3.79
Net Cash Flow 0.53 -1.22 -0.18 0.22 -0.16 -0.02 0.03 -0.03 0.19 -0.18 -0.01 -0.02

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 27.66 44.39 32.89 32.32 29.80 61.06 36.69 0.00 0.81 2.08 1.91 1.95
Inventory Days 156.36 198.56 506.99 1,039.99 616.24 1,137.23 912.89 1,128.14 1,278.92 1,897.22 578.32 526.05
Days Payable 53.79 113.28 190.31 184.13 179.74 214.05 212.53 139.71 100.49 213.29 55.54 68.48
Cash Conversion Cycle 130.23 129.68 349.57 888.19 466.30 984.24 737.05 988.44 1,179.24 1,686.01 524.69 459.51
Working Capital Days 31.57 50.38 -41.12 233.23 77.23 372.38 218.23 326.98 469.27 723.06 327.97 308.10
ROCE % -14.06% -2.20% -6.08% -9.00% -7.78% -6.09% -13.22% 31.05% 35.01% 13.36% 14.72% 8.57%

Shareholding Pattern

Numbers in percentages

3 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
64.00% 64.00% 64.00% 64.00% 64.00% 64.00% 64.00% 64.00% 64.00% 64.00% 64.00% 64.00%
9.97% 9.90% 9.63% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
26.03% 26.10% 26.37% 36.00% 36.00% 36.00% 36.01% 35.99% 36.00% 35.99% 36.00% 36.00%
No. of Shareholders 2,1022,1062,0892,1862,4872,4842,5482,6462,7432,7382,7772,749

* 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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