Sri Nachammai Cotton Mills Ltd

Sri Nachammai Cotton Mills Ltd

₹ 32.6 -2.54%
04 Mar 4:01 p.m.
About

Incorporated in 1980, Sri Nachammai Cotton Mills Limited manufactures cotton yarn in different varieties and counts.

Key Points

Product Profile:[1]
a) Fabric Yarn
b) Cotton Yarn
c) Combed Hosiery
d) Carded Cotton Hosiery
e) Hank Yarn
f) Ladies Garments
g) Fabric Yarn Count Scales
h) Cotton Saree

  • Market Cap 14.0 Cr.
  • Current Price 32.6
  • High / Low 44.4 / 28.0
  • Stock P/E
  • Book Value 47.4
  • Dividend Yield 0.00 %
  • ROCE -1.18 %
  • ROE -12.9 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.73 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -5.72% over past five years.
  • Company has a low return on equity of 4.34% 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

Figures in Rs. Crores

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
45.94 50.82 32.50 54.21 61.62 56.14 39.67 35.78 22.21 19.54 22.92 14.35 10.54
44.53 45.67 30.29 52.24 57.48 51.11 36.80 34.90 24.28 22.55 23.40 16.88 11.47
Operating Profit 1.41 5.15 2.21 1.97 4.14 5.03 2.87 0.88 -2.07 -3.01 -0.48 -2.53 -0.93
OPM % 3.07% 10.13% 6.80% 3.63% 6.72% 8.96% 7.23% 2.46% -9.32% -15.40% -2.09% -17.63% -8.82%
0.29 0.54 0.26 0.27 0.28 0.25 0.32 0.27 0.27 0.62 0.29 0.28 0.28
Interest 1.09 1.27 1.27 1.22 0.94 1.32 1.30 1.34 0.78 0.65 1.14 0.78 0.75
Depreciation 0.40 0.58 0.53 0.30 0.47 0.48 0.43 0.47 0.24 0.28 0.29 0.29 0.29
Profit before tax 0.21 3.84 0.67 0.72 3.01 3.48 1.46 -0.66 -2.82 -3.32 -1.62 -3.32 -1.69
Tax % -61.90% 25.26% 26.87% 34.72% 24.25% 24.14% -1.37% -1.52% 15.25% 46.99% -13.58% 43.98% 23.08%
0.33 2.87 0.50 0.47 2.28 2.64 1.48 -0.66 -2.39 -1.76 -1.83 -1.86 -1.29
EPS in Rs 0.77 6.67 1.16 1.09 5.30 6.14 3.44 -1.53 -5.56 -4.09 -4.26 -4.33 -3.00
Raw PDF

Profit & Loss

Figures in Rs. Crores

Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
103.60 150.99 182.75 162.22 113.55 168.42 157.31 159.86 143.66 157.61 204.48 117.21 67.35
102.43 137.16 170.66 153.45 108.70 159.13 150.85 153.91 136.96 150.63 190.57 118.25 74.30
Operating Profit 1.17 13.83 12.09 8.77 4.85 9.29 6.46 5.95 6.70 6.98 13.91 -1.04 -6.95
OPM % 1.13% 9.16% 6.62% 5.41% 4.27% 5.52% 4.11% 3.72% 4.66% 4.43% 6.80% -0.89% -10.32%
0.64 0.48 2.03 1.61 0.21 2.03 1.45 1.31 1.20 1.61 1.02 1.48 1.47
Interest 8.70 6.82 6.56 6.81 4.39 5.67 4.69 5.32 6.77 5.53 5.27 4.35 3.32
Depreciation 3.72 3.94 3.98 4.18 3.01 4.56 2.51 1.26 2.40 2.35 1.77 1.42 1.15
Profit before tax -10.61 3.55 3.58 -0.61 -2.34 1.09 0.71 0.68 -1.27 0.71 7.89 -5.33 -9.95
Tax % 26.96% 0.00% 27.09% 26.23% 10.26% 4.59% 0.00% 80.88% 23.62% 23.94% 25.35% 37.71%
-7.74 3.54 2.61 -0.44 -2.10 1.04 0.71 0.13 -0.97 0.53 5.89 -3.33 -6.74
EPS in Rs -18.00 8.23 6.07 -1.02 -4.88 2.42 1.65 0.30 -2.26 1.23 13.70 -7.74 -15.68
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: 1%
5 Years: -6%
3 Years: -7%
TTM: -56%
Compounded Profit Growth
10 Years: 5%
5 Years: %
3 Years: %
TTM: -730%
Stock Price CAGR
10 Years: 5%
5 Years: 17%
3 Years: 36%
1 Year: 1%
Return on Equity
10 Years: 4%
5 Years: 2%
3 Years: 4%
Last Year: -13%

Balance Sheet

Figures in Rs. Crores

Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 4.29 4.29 4.29 4.29 4.29 4.29 4.29 4.29 4.29 4.29 4.29 4.29 4.29
Reserves -5.03 -1.48 1.12 -1.01 -3.11 17.30 18.02 18.16 17.00 17.58 23.13 19.78 16.10
Preference Capital 15.00 15.00 15.00 15.00 15.00 0.00 7.99 8.74 9.55 10.44 11.41 12.15
66.99 69.78 75.12 67.63 64.37 60.77 57.08 55.23 57.18 55.84 56.45 35.29 33.68
24.68 24.43 28.11 23.14 21.92 22.83 36.21 45.29 46.37 49.62 49.34 46.48 32.86
Total Liabilities 90.93 97.02 108.64 94.05 87.47 105.19 115.60 122.97 124.84 127.33 133.21 105.84 86.93
28.36 25.67 22.96 16.81 14.66 31.54 29.37 30.61 30.12 30.89 33.96 37.35 36.79
CWIP 0.00 0.16 0.32 0.82 0.42 0.05 0.00 0.00 0.00 0.29 0.08 0.00 0.00
Investments 0.16 0.16 0.18 0.10 0.10 0.05 0.72 0.65 0.64 0.65 0.65 0.42 0.44
62.41 71.03 85.18 76.32 72.29 73.55 85.51 91.71 94.08 95.50 98.52 68.07 49.70
Total Assets 90.93 97.02 108.64 94.05 87.47 105.19 115.60 122.97 124.84 127.33 133.21 105.84 86.93

Cash Flows

Figures in Rs. Crores

Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
6.25 7.18 8.60 4.69 7.25 9.32 -0.45 7.14 1.19 8.82 6.71 25.76
-2.79 -1.18 0.34 0.51 -0.37 -0.14 -0.17 -1.42 2.40 -2.56 -3.76 -1.24
-5.45 -3.70 -3.44 -12.88 -6.67 -8.41 -0.20 -5.92 -3.62 -5.80 -3.45 -24.51
Net Cash Flow -1.99 2.30 5.50 -7.69 0.21 0.77 -0.82 -0.20 -0.03 0.46 -0.50 0.02

Ratios

Figures in Rs. Crores

Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 43.83 33.72 26.12 34.38 54.13 41.39 47.94 40.21 37.37 22.58 25.45 23.88
Inventory Days 209.52 201.33 164.25 185.38 244.45 151.70 198.99 237.35 281.95 243.42 204.63 219.05
Days Payable 31.04 23.14 26.65 17.45 19.36 9.79 27.10 38.84 38.50 36.86 6.72 5.45
Cash Conversion Cycle 222.31 211.91 163.73 202.32 279.22 183.30 219.83 238.71 280.82 229.14 223.36 237.49
Working Capital Days 145.79 119.27 107.83 130.84 179.46 122.95 151.12 156.61 187.00 167.88 152.40 177.07
ROCE % -2.35% 12.28% 9.49% 5.76% 2.33% 8.24% 6.36% 6.90% 6.21% 7.11% 14.38% -1.18%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Sep 2023Dec 2023
55.04% 55.04% 55.41% 55.41% 55.41% 55.41% 55.42% 55.42% 55.42% 55.50% 55.51% 55.51%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
44.95% 44.95% 44.58% 44.58% 44.58% 44.58% 44.57% 44.57% 44.57% 44.50% 44.47% 44.47%
No. of Shareholders 3,3253,3163,3223,4553,4953,5253,5783,5823,6023,6173,6093,595

* 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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