Sri Ramakrishna Mills (Coimbatore) Ltd
Sri Ramakrishna Mills (Coimbatore) Ltd is a textile company mainly focussed in spinning operations and is engaged in Textile Spinning and Real Estate development. The Co. has also been exporting since 1986.[1]
- Market Cap ₹ 13.5 Cr.
- Current Price ₹ 18.9
- High / Low ₹ 44.0 / 18.0
- Stock P/E
- Book Value ₹ 13.7
- Dividend Yield 0.00 %
- ROCE 14.2 %
- ROE 19.6 %
- 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 31.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Earnings include an other income of Rs.0.59 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.
Peer comparison
Sector: Textiles Industry: Textiles - Cotton/Blended
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
69.67 | 42.09 | 37.82 | 17.31 | 16.26 | 18.62 | 10.88 | 13.33 | 27.07 | 31.40 | 21.04 | 44.06 | 40.87 | |
63.65 | 48.81 | 38.39 | 19.19 | 19.11 | 21.19 | 14.88 | 17.85 | 16.64 | 17.64 | 15.53 | 37.91 | 39.49 | |
Operating Profit | 6.02 | -6.72 | -0.57 | -1.88 | -2.85 | -2.57 | -4.00 | -4.52 | 10.43 | 13.76 | 5.51 | 6.15 | 1.38 |
OPM % | 8.64% | -15.97% | -1.51% | -10.86% | -17.53% | -13.80% | -36.76% | -33.91% | 38.53% | 43.82% | 26.19% | 13.96% | 3.38% |
0.70 | 8.53 | 2.65 | 2.63 | 6.93 | 1.15 | 7.67 | 1.49 | 0.51 | 0.48 | 0.66 | 0.80 | 0.59 | |
Interest | 3.27 | 4.16 | 3.87 | 3.23 | 4.49 | 3.12 | 3.00 | 2.62 | 3.15 | 2.70 | 4.01 | 3.20 | 3.05 |
Depreciation | 1.83 | 1.80 | 0.92 | 1.02 | 1.23 | 0.80 | 0.64 | 0.39 | 0.35 | 0.28 | 0.25 | 0.28 | 0.29 |
Profit before tax | 1.62 | -4.15 | -2.71 | -3.50 | -1.64 | -5.34 | 0.03 | -6.04 | 7.44 | 11.26 | 1.91 | 3.47 | -1.37 |
Tax % | 19.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -66.67% | 36.42% | 51.08% | 51.51% | 65.45% | 33.72% | |
Net Profit | 1.30 | -4.15 | -2.70 | -3.50 | -1.64 | -5.35 | 0.04 | -3.84 | 3.65 | 5.45 | 0.66 | 2.30 | -1.84 |
EPS in Rs | 1.83 | -5.83 | -3.79 | -4.92 | -2.30 | -7.52 | 0.06 | -5.39 | 5.13 | 7.66 | 0.93 | 3.23 | -2.58 |
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: | 32% |
3 Years: | 18% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 19% |
3 Years: | -17% |
TTM: | -147% |
Stock Price CAGR | |
---|---|
10 Years: | 2% |
5 Years: | 7% |
3 Years: | 32% |
1 Year: | -44% |
Return on Equity | |
---|---|
10 Years: | -24% |
5 Years: | 23% |
3 Years: | 32% |
Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 21.29 | 15.59 | 13.03 | 8.98 | 4.91 | -0.44 | -2.12 | -7.36 | -3.72 | 1.80 | 2.38 | 4.52 | 2.64 |
29.80 | 33.45 | 27.12 | 25.38 | 32.91 | 26.52 | 31.44 | 30.96 | 33.18 | 35.56 | 33.92 | 34.09 | 32.86 | |
17.29 | 14.35 | 15.17 | 17.25 | 16.89 | 24.31 | 20.15 | 21.63 | 23.87 | 14.10 | 15.88 | 13.30 | 10.76 | |
Total Liabilities | 75.50 | 70.51 | 62.44 | 58.73 | 61.83 | 57.51 | 56.59 | 52.35 | 60.45 | 58.58 | 59.30 | 59.03 | 53.38 |
23.38 | 20.19 | 17.78 | 14.33 | 10.56 | 9.73 | 8.84 | 8.21 | 5.40 | 5.03 | 4.72 | 5.23 | 6.94 | |
CWIP | 0.00 | 0.00 | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.07 |
Investments | 0.01 | 0.37 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
52.11 | 49.95 | 44.54 | 44.38 | 51.25 | 47.76 | 47.72 | 44.13 | 55.04 | 53.55 | 54.58 | 53.73 | 46.37 | |
Total Assets | 75.50 | 70.51 | 62.44 | 58.73 | 61.83 | 57.51 | 56.59 | 52.35 | 60.45 | 58.58 | 59.30 | 59.03 | 53.38 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1.18 | 2.44 | 2.32 | 4.00 | -5.31 | 7.77 | -2.90 | 1.91 | -0.58 | -0.36 | 5.58 | 5.93 | |
0.11 | -0.18 | 2.48 | 3.68 | -0.76 | 0.99 | 0.32 | 1.40 | 0.39 | 0.80 | 0.41 | -2.90 | |
1.56 | -1.73 | -6.02 | -7.86 | 6.29 | -8.93 | 2.56 | -3.27 | 0.17 | -0.25 | -6.18 | -3.03 | |
Net Cash Flow | 0.49 | 0.53 | -1.22 | -0.18 | 0.22 | -0.16 | -0.02 | 0.03 | -0.03 | 0.19 | -0.18 | -0.01 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 33.06 | 27.66 | 44.39 | 32.89 | 32.32 | 29.80 | 61.06 | 36.69 | 0.00 | 0.81 | 2.08 | 1.91 |
Inventory Days | 124.01 | 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 |
Days Payable | 65.66 | 53.79 | 113.28 | 190.31 | 184.13 | 179.74 | 214.05 | 212.53 | 139.71 | 100.49 | 213.29 | 55.54 |
Cash Conversion Cycle | 91.40 | 130.23 | 129.68 | 349.57 | 888.19 | 466.30 | 984.24 | 737.05 | 988.44 | 1,179.24 | 1,686.01 | 524.69 |
Working Capital Days | 23.47 | 31.57 | 50.38 | -41.12 | 233.23 | 77.23 | 372.38 | 218.23 | 326.98 | 469.27 | 723.06 | 327.97 |
ROCE % | 8.06% | -14.06% | -2.20% | -6.08% | -9.00% | -7.78% | -6.09% | -13.22% | 31.05% | 35.01% | 13.36% | 14.18% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jan - Certificate under Reg.74(5) of SEBI for the quarter ended 31.12.2022 in respect of NSDL enclosed
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jan - Certificate under Reg.74(5) of SEBI for the quarter ended 31.12.2022 in respect of CDSL enclosed.
- Closure of Trading Window 31 Dec
- REPLY TO CLARIFICATION ON PRICE MOVEMENT 29 Dec
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
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Financial Year 2013
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Company History
The Co. was established in 1951 with a Spinning Unit with 6,160 spindles at Coimbatore, in South India and has now expanded to 94,000 spindles and 1,440 rotors. In 1984 The company started its second unit at Nagari, Andhra Pradesh and third unit at Sathyamangalam, Tamil Nadu. In 2008 it entered into real estate development through a Joint Development Agreement with Arihant Griha Ltd, Chennai for the development of its property at its Ganapathy Unit into residential / commercial / mall complex. [1][2]