Sri Nachammai Cotton Mills Ltd

₹ 45.5 -4.11%
03 Oct - close price
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 19.6 Cr.
  • Current Price 45.5
  • High / Low 71.0 / 35.2
  • Stock P/E 2.85
  • Book Value 63.8
  • Dividend Yield 0.00 %
  • ROCE 14.4 %
  • ROE 16.6 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.71 times its book value
  • Company has delivered good profit growth of 42.7% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 3.96% over past five years.
  • Company has a low return on equity of 5.50% 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

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
35.43 31.35 36.51 40.37 14.88 45.96 45.94 50.82 32.50 54.21 61.62 56.14 39.67
34.00 30.91 34.74 37.74 16.97 44.37 44.53 45.67 30.29 52.24 57.48 51.11 36.80
Operating Profit 1.43 0.44 1.77 2.63 -2.09 1.59 1.41 5.15 2.21 1.97 4.14 5.03 2.87
OPM % 4.04% 1.40% 4.85% 6.51% -14.05% 3.46% 3.07% 10.13% 6.80% 3.63% 6.72% 8.96% 7.23%
0.29 0.28 0.29 0.33 0.34 0.46 0.29 0.54 0.26 0.27 0.28 0.25 0.32
Interest 1.37 1.61 1.61 1.73 1.37 1.21 1.09 1.27 1.27 1.22 0.94 1.32 1.30
Depreciation 0.27 0.27 0.27 1.60 0.39 0.67 0.40 0.58 0.53 0.30 0.47 0.48 0.43
Profit before tax 0.08 -1.16 0.18 -0.37 -3.51 0.17 0.21 3.84 0.67 0.72 3.01 3.48 1.46
Tax % 25.00% 18.10% -22.22% 18.92% 21.08% 47.06% -61.90% 25.26% 26.87% 34.72% 24.25% 24.14% -1.37%
Net Profit 0.06 -0.95 0.22 -0.30 -2.77 0.10 0.33 2.87 0.50 0.47 2.28 2.64 1.48
EPS in Rs 0.14 -2.21 0.51 -0.70 -6.44 0.23 0.77 6.67 1.16 1.09 5.30 6.14 3.44
Raw PDF

Profit & Loss

Figures in Rs. Crores

Jun 2011 Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
127 104 151 183 162 114 168 157 160 144 158 204 212
120 102 137 171 153 109 159 151 154 137 151 191 198
Operating Profit 7 1 14 12 9 5 9 6 6 7 7 14 14
OPM % 5% 1% 9% 7% 5% 4% 6% 4% 4% 5% 4% 7% 7%
1 1 0 2 2 0 2 1 1 1 2 1 1
Interest 7 9 7 7 7 4 6 5 5 7 6 5 5
Depreciation 3 4 4 4 4 3 5 3 1 2 2 2 2
Profit before tax -2 -11 4 4 -1 -2 1 1 1 -1 1 8 9
Tax % -33% 27% 0% 27% 26% 10% 5% 0% 81% 24% 24% 25%
Net Profit -3 -8 4 3 -0 -2 1 1 0 -1 1 6 7
EPS in Rs -7.58 -18.00 8.23 6.07 -1.02 -4.88 2.42 1.65 0.30 -2.26 1.23 13.70 15.97
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 5%
5 Years: 4%
3 Years: 9%
TTM: 21%
Compounded Profit Growth
10 Years: 14%
5 Years: 43%
3 Years: 257%
TTM: 81%
Stock Price CAGR
10 Years: 8%
5 Years: 21%
3 Years: 65%
1 Year: 14%
Return on Equity
10 Years: 1%
5 Years: 4%
3 Years: 6%
Last Year: 17%

Balance Sheet

Figures in Rs. Crores

Jun 2011 Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
4 19 19 19 19 19 4 12 13 14 15 16
Reserves 3 -5 -1 1 -1 -3 17 18 18 17 18 23
79 67 70 75 68 64 61 57 55 57 56 56
20 25 24 28 23 22 23 36 45 46 50 49
Total Liabilities 106 91 97 109 94 87 105 116 123 125 127 133
28 28 26 23 17 15 32 29 31 30 31 34
CWIP 1 0 0 0 1 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 1 1 1 1 1
77 62 71 85 76 72 74 86 92 94 96 99
Total Assets 106 91 97 109 94 87 105 116 123 125 127 133

Cash Flows

Figures in Rs. Crores

Jun 2011 Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-5 6 7 9 5 7 9 -0 7 1 9 7
-8 -3 -1 0 1 -0 -0 -0 -1 2 -3 -4
15 -5 -4 -3 -13 -7 -8 -0 -6 -4 -6 -3
Net Cash Flow 2 -2 2 6 -8 0 1 -1 -0 -0 0 -0

Ratios

Figures in Rs. Crores

Jun 2011 Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 32 44 34 26 34 54 41 48 40 37 23 25
Inventory Days 271 210 201 164 185 244 152 199 237 282 243 205
Days Payable 56 31 23 27 17 19 10 27 39 38 37 7
Cash Conversion Cycle 247 222 212 164 202 279 183 220 239 281 229 223
Working Capital Days 108 146 119 108 131 179 123 151 157 187 168 152
ROCE % 6% -2% 12% 9% 6% 2% 8% 6% 7% 6% 7% 14%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
55.04 55.04 55.04 55.04 55.04 55.04 55.04 55.41 55.41 55.41 55.41 55.42
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 44.95 44.95 44.95 44.95 44.95 44.58 44.58 44.58 44.58 44.57

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