Sri Ramakrishna Mills (Coimbatore) Ltd

Sri Ramakrishna Mills (Coimbatore) Ltd

₹ 56.8 2.75%
12 Jun - close price
About

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

Key Points

Business Overview:[1][2]
SRMCL is a cotton grower and a ginner. It also deals in real estate development which includes land taken up under development by extending contract of licence to a developer by sharing the developed real estate with him.

  • Market Cap 40.4 Cr.
  • Current Price 56.8
  • High / Low 64.9 / 32.6
  • Stock P/E 2.05
  • Book Value 70.0
  • Dividend Yield 0.00 %
  • ROCE 30.7 %
  • ROE 54.6 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.81 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 98.4% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 40.4%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.8.17 Cr.
  • Working capital days have increased from 29.5 days to 113 days

* 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

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
13 13 14 10 22 22 16 37 12 16 16 14 51
10 11 10 9 17 13 16 36 11 16 16 14 27
Operating Profit 3 2 4 1 4 8 0 1 1 0 -0 -0 25
OPM % 25% 17% 31% 13% 21% 38% 0% 1% 6% 2% -1% -0% 48%
0 0 1 1 0 0 0 0 0 0 0 0 8
Interest 1 1 1 1 1 1 1 1 1 1 1 1 1
Depreciation 1 0 0 0 1 1 1 1 1 1 1 1 1
Profit before tax 2 1 4 1 3 7 -1 -0 -0 -1 -1 -1 31
Tax % 3% 25% 23% 39% 24% 25% -25% -26% -44% -25% -25% -25% 3%
2 1 3 1 2 5 -1 -0 -0 -1 -1 -1 30
EPS in Rs 2.67 1.36 4.33 0.73 2.68 7.23 -1.26 -0.45 -0.39 -1.01 -1.31 -1.53 42.43
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
16 19 11 13 27 31 21 44 39 56 87 98
19 21 15 18 17 18 16 38 35 43 77 73
Operating Profit -3 -3 -4 -5 10 14 6 6 4 13 10 25
OPM % -18% -14% -37% -34% 39% 44% 26% 14% 11% 22% 11% 25%
7 1 8 1 1 0 1 1 -0 2 1 8
Interest 4 3 3 3 3 3 4 3 3 4 3 3
Depreciation 1 1 1 0 0 0 0 0 1 2 2 3
Profit before tax -2 -5 0 -6 7 11 2 3 0 9 5 27
Tax % 0% 0% -67% -36% 51% 52% 65% 34% 30% 25% 23% -0%
-2 -5 0 -4 4 5 1 2 0 6 4 27
EPS in Rs -2.30 -7.52 0.06 -5.39 5.13 7.66 0.93 3.23 0.39 9.10 5.13 38.56
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 18%
5 Years: 36%
3 Years: 35%
TTM: 13%
Compounded Profit Growth
10 Years: 18%
5 Years: 98%
3 Years: 231%
TTM: 464%
Stock Price CAGR
10 Years: 12%
5 Years: 28%
3 Years: 32%
1 Year: 7%
Return on Equity
10 Years: 26%
5 Years: 34%
3 Years: 40%
Last Year: 55%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 7 7 7 7 7 7 7 7 7 7 7 7
Reserves 5 -0 -2 -7 -4 2 2 5 5 11 15 43
33 27 31 31 33 36 34 34 34 34 39 36
17 24 20 22 24 14 16 13 12 14 8 17
Total Liabilities 62 58 57 52 60 59 59 59 58 67 69 103
11 10 9 8 5 5 5 5 9 30 30 32
CWIP 0 0 0 0 0 0 0 0 3 2 1 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
51 48 48 44 55 54 55 54 46 36 38 71
Total Assets 62 58 57 52 60 59 59 59 58 67 69 103

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-5 8 -3 2 -1 -0 6 6 10 21 -0 1
-1 1 0 1 0 1 0 -3 -6 -18 -2 5
6 -9 3 -3 0 -0 -6 -3 -4 -4 2 -6
Net Cash Flow 0 -0 -0 0 -0 0 -0 -0 -0 0 0 0
Free Cash Flow -6 9 -3 3 -1 -0 6 3 3 3 -3 6
CFO/OP 185% -309% 73% -42% -6% -2% 103% 96% 229% 173% 1% 5%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 32 30 61 37 0 1 2 2 2 7 3 3
Inventory Days 1,040 616 1,137 913 1,128 1,279 1,897 578 526 362 182 142
Days Payable 184 180 214 213 140 100 213 56 68 38 12 8
Cash Conversion Cycle 888 466 984 737 988 1,179 1,686 525 460 331 173 136
Working Capital Days 14 -65 -29 -159 59 181 281 84 21 -12 -13 113
ROCE % -9% -8% -6% -13% 31% 35% 13% 15% 9% 24% 14% 31%

Insights

In beta
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Electricity consumption per kg of yarn
Units/Kg

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Estimated Yarn Production Volume
Lakh Kg
Number of Permanent Employees
Count
Total Electricity Consumption
Lakh Units

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
64.00% 64.00% 64.00% 64.00% 64.01% 64.01% 64.01% 64.01% 64.01% 64.01% 64.01% 64.01%
35.99% 36.00% 36.00% 36.00% 36.00% 35.99% 35.99% 36.00% 35.99% 35.99% 35.99% 35.98%
No. of Shareholders 2,7382,7772,7492,8653,5733,9174,2444,2834,2464,1434,0814,075

Documents