Sri Ramakrishna Mills (Coimbatore) Ltd

Sri Ramakrishna Mills (Coimbatore) Ltd

₹ 44.4 -3.10%
22 Apr 11:13 a.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 31.6 Cr.
  • Current Price 44.4
  • High / Low 51.5 / 18.0
  • Stock P/E 7.45
  • Book Value 16.6
  • Dividend Yield 0.00 %
  • ROCE 13.4 %
  • ROE 6.86 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 59.0%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Working capital days have increased from 499 days to 700 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.

Peer comparison

Sector: Textiles Industry: Textiles - Cotton/Blended

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
1.87 7.37 15.97 7.63 6.20 3.47 14.10 0.23 4.45 6.22 10.14 7.54 12.11
3.09 5.22 5.62 3.31 3.77 2.64 7.88 1.32 3.32 3.78 7.18 7.33 7.96
Operating Profit -1.22 2.15 10.35 4.32 2.43 0.83 6.22 -1.09 1.13 2.44 2.96 0.21 4.15
OPM % -65.24% 29.17% 64.81% 56.62% 39.19% 23.92% 44.11% -473.91% 25.39% 39.23% 29.19% 2.79% 34.27%
0.07 0.21 0.19 0.13 0.03 0.04 -0.19 0.11 0.08 0.08 0.39 0.25 0.13
Interest 0.45 1.18 0.78 0.70 0.57 0.45 0.58 0.69 0.94 0.74 1.58 0.73 0.80
Depreciation 0.07 0.08 0.10 0.09 0.09 0.09 0.02 0.07 0.04 0.06 0.08 0.06 0.06
Profit before tax -1.67 1.10 9.66 3.66 1.80 0.33 5.43 -1.74 0.23 1.72 1.69 -0.33 3.42
Tax % 0.00% 0.00% 39.34% 20.77% 9.44% 18.18% 88.77% 0.00% 0.00% 2.91% 70.41% 0.00% 22.81%
-1.67 1.10 5.87 2.90 1.64 0.27 0.60 -1.74 0.22 1.67 0.50 -0.34 2.64
EPS in Rs -2.35 1.55 8.25 4.07 2.30 0.38 0.84 -2.44 0.31 2.35 0.70 -0.48 3.71
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
10.88 13.33 27.07 31.40 21.04 36.01
14.88 17.85 16.64 17.19 15.54 26.25
Operating Profit -4.00 -4.52 10.43 14.21 5.50 9.76
OPM % -36.76% -33.91% 38.53% 45.25% 26.14% 27.10%
7.67 1.49 0.51 0.01 0.66 0.85
Interest 3.00 2.62 3.15 2.70 4.01 3.85
Depreciation 0.64 0.39 0.35 0.28 0.25 0.26
Profit before tax 0.03 -6.04 7.44 11.24 1.90 6.50
Tax % -66.67% 36.42% 51.08% 51.60% 65.79%
0.04 -3.84 3.64 5.43 0.65 4.47
EPS in Rs 0.06 -5.39 5.11 7.63 0.91 6.28
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 16%
TTM: 62%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 29%
TTM: 733%
Stock Price CAGR
10 Years: 9%
5 Years: 27%
3 Years: 54%
1 Year: 128%
Return on Equity
10 Years: %
5 Years: %
3 Years: 59%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sep 2021
Equity Capital 7.12 7.12 7.12 7.12 7.12 7.12
Reserves -2.12 -7.36 -3.72 1.77 2.35 4.68
31.45 30.97 33.20 35.59 33.82 32.28
20.17 21.63 23.87 14.10 16.02 13.75
Total Liabilities 56.62 52.36 60.47 58.58 59.31 57.83
9.84 9.21 6.40 5.03 4.72 4.94
CWIP 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.02 0.00 0.00 0.00 0.00 0.00
46.76 43.15 54.07 53.55 54.59 52.89
Total Assets 56.62 52.36 60.47 58.58 59.31 57.83

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
-2.90 1.90 -0.59 -0.89 5.58
0.32 1.40 0.39 1.33 0.41
2.56 -3.27 0.17 -0.24 -6.18
Net Cash Flow -0.02 0.03 -0.03 0.19 -0.19

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 61.06 36.69 0.00 0.81 2.08
Inventory Days 1,137.23 912.89 1,128.14 1,278.92 1,897.22
Days Payable 214.05 212.53 139.71 100.49 212.73
Cash Conversion Cycle 984.24 737.05 988.44 1,179.24 1,686.57
Working Capital Days 372.38 217.96 326.84 469.15 699.99
ROCE % -13.22% 31.04% 36.11% 13.35%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
64.00% 64.00% 64.00% 64.00% 64.00% 64.00% 64.00% 64.00% 64.00% 64.00% 64.00% 64.00%
9.90% 9.63% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
26.10% 26.37% 36.00% 36.00% 36.00% 36.01% 35.99% 36.00% 35.99% 36.00% 36.00% 36.00%
No. of Shareholders 2,1062,0892,1862,4872,4842,5482,6462,7432,7382,7772,7492,865

* 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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