Dhanalaxmi Roto Spinners Ltd

Dhanalaxmi Roto Spinners Ltd

₹ 231 0.57%
13 Dec - close price
About

Incorporated in 1986, Dhanalaxmi Roto Spinners Ltd does trading activity in wood pulp, paper and waste paper market[1]

Key Points

Business Overview:[1]
Company offers wide range of Wood Pulp (bleached and unbleached) and Paper products such as Melamine, Carboxymethyl Cellulose, Microcrystalline Cellulose Powder, fiber cement, hygiene products, filter paper, insulating paper and boards and many other applications. Apart from Pulp, company also offer paper for specialised applications viz. writing and printing paper, Sack/ Bag Kraft paper, Newsprint and various other grades

  • Market Cap 90.0 Cr.
  • Current Price 231
  • High / Low 289 / 111
  • Stock P/E 9.39
  • Book Value 132
  • Dividend Yield 0.65 %
  • ROCE 38.4 %
  • ROE 28.4 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 41.1% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%

Cons

  • Contingent liabilities of Rs.37.8 Cr.
  • Earnings include an other income of Rs.9.66 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: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
20.15 27.96 33.47 44.29 56.86 50.10 49.92 50.79 40.14 49.54 56.13 29.68 45.33
19.62 26.17 32.27 43.19 57.03 49.23 47.44 47.84 38.74 47.49 54.49 29.54 45.22
Operating Profit 0.53 1.79 1.20 1.10 -0.17 0.87 2.48 2.95 1.40 2.05 1.64 0.14 0.11
OPM % 2.63% 6.40% 3.59% 2.48% -0.30% 1.74% 4.97% 5.81% 3.49% 4.14% 2.92% 0.47% 0.24%
1.01 0.66 1.58 1.36 1.16 1.51 2.11 0.88 3.41 3.29 3.05 1.43 1.89
Interest 0.29 0.19 0.12 0.16 0.17 0.17 0.28 0.24 0.18 0.19 0.25 0.17 0.24
Depreciation 0.07 0.09 0.03 0.07 0.07 0.08 0.06 0.07 0.08 0.09 0.06 0.08 0.08
Profit before tax 1.18 2.17 2.63 2.23 0.75 2.13 4.25 3.52 4.55 5.06 4.38 1.32 1.68
Tax % 0.00% 0.00% 123.19% 30.04% 29.33% 30.05% 27.76% 28.69% 26.59% 27.47% 18.49% 21.21% 21.43%
1.18 2.17 -0.62 1.56 0.53 1.49 3.08 2.50 3.34 3.67 3.56 1.04 1.32
EPS in Rs 3.03 5.56 -1.59 4.00 1.36 3.82 7.90 6.41 8.56 9.41 9.13 2.67 3.38
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 TTM
26 40 46 50 53 74 98 71 73 119 201 197 181
25 39 43 49 51 72 96 70 69 111 197 189 177
Operating Profit 0 1 2 0 2 2 2 1 4 8 4 8 4
OPM % 2% 2% 5% 1% 4% 3% 2% 2% 5% 7% 2% 4% 2%
0 1 1 1 1 2 3 2 3 4 6 11 10
Interest 0 0 1 0 0 0 1 1 1 1 1 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 1 1 2 1 3 3 4 3 6 11 9 18 12
Tax % 31% 30% 35% 33% 33% 33% 27% 25% 32% 31% 29% 25%
0 0 1 1 2 2 3 2 4 7 7 13 10
EPS in Rs 1.05 1.18 3.72 2.05 5.05 6.00 6.74 4.97 10.38 18.79 17.05 33.51 24.59
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 5% 7% 4%
Compounded Sales Growth
10 Years: 17%
5 Years: 15%
3 Years: 39%
TTM: -5%
Compounded Profit Growth
10 Years: 38%
5 Years: 41%
3 Years: 44%
TTM: 1%
Stock Price CAGR
10 Years: 39%
5 Years: 73%
3 Years: 47%
1 Year: 99%
Return on Equity
10 Years: 21%
5 Years: 23%
3 Years: 26%
Last Year: 28%

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 Sep 2024
Equity Capital 4 4 4 4 4 4 4 4 4 4 4 4 4
Reserves 2 3 4 5 8 10 13 15 19 26 32 45 47
1 1 1 3 1 2 5 3 5 2 2 1 6
4 10 9 5 11 13 13 10 11 17 22 30 23
Total Liabilities 11 18 19 17 23 29 34 32 39 49 60 81 80
2 2 3 3 5 5 5 4 4 5 5 4 4
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 3 2 5 2 4 2 3 6 15
9 16 15 14 16 23 24 26 30 42 53 70 61
Total Assets 11 18 19 17 23 29 34 32 39 49 60 81 80

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
-1 4 1 -4 4 1 3 2 6 0 2 23
-0 -0 -0 2 -3 -1 -1 3 -2 1 3 -0
1 -0 -0 1 -2 1 2 -2 1 -4 -1 -2
Net Cash Flow -1 4 0 -1 -1 2 4 3 4 -3 4 21

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 64 62 57 57 75 67 52 57 51 68 59 51
Inventory Days 7 4 5 2 1 2 1 3 9 2 0 1
Days Payable 63 95 70 36 63 54 47 45 42 45 36 56
Cash Conversion Cycle 8 -30 -8 24 13 14 6 15 18 24 23 -4
Working Capital Days 49 -21 -9 24 4 10 6 17 13 37 24 2
ROCE % 14% 14% 32% 15% 28% 26% 19% 14% 27% 39% 29% 38%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
47.64% 47.64% 47.64% 47.64% 47.64% 47.64% 47.64% 47.64% 47.64% 47.64% 47.64% 47.64%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
52.36% 52.36% 52.36% 52.36% 52.36% 52.36% 52.36% 52.36% 52.36% 52.36% 52.36% 52.37%
No. of Shareholders 4,2924,3364,6704,6854,6694,6034,7464,8164,7845,0345,0105,224

* 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.

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