Candour Techtex Ltd

₹ 41.4 -0.91%

24 Apr - close price

About

Incorporated in 1986, Candour Techtex Ltd deals in manufacturing and trading of textiles, plastics and other items^[1]

Key Points

Product Profile:^[1]
a) Agrotech:
Shade nets, crop covers, fishing nets, etc.
b) Buildtech:
Scaffolding nets, awnings, canopies, wall coverings, etc.
c) Clothtech:
Coated laces, interlinings, zip fasteners, labels, etc.
d) Geotech:
Geo-grids, gabions, geo-bags, etc.
e) Hometech:
Fibre fill, blinds fabrics, mosquito nets, furniture fabrics, etc.
f) Indutech:
Conveyor belts, bolting cloth, coated abrasives, composites, etc.
g) Meditech:
Diapers, wipes surgical sutures, hernia mesh, artificial ligaments, etc.
h) Mobiltech:
Tyre cord, seat belt webbing, airbag, insulation felts, seat covers, etc.
i) Oekotech:
Geo-membranes, geo-synthetic clay liners, etc.
j) Packtech:
Leno bags, soft luggage, jute hessian and sacks, shopping bags, etc.
k) Protech:
Bullet proof jackets, fire retardant apparel, chemical protective clothing, etc.
l) Sportech:
Sport composites, artificial turfs, parachute fabrics, sleeping bags, etc.

Website BSE

Market Cap ₹ 70.1 Cr.
Current Price ₹ 41.4
High / Low ₹ 61.3 / 27.7
Stock P/E 83.5
Book Value ₹ 16.7
Dividend Yield 0.00 %
ROCE 6.19 %
ROE 7.73 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company is expected to give good quarter

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Company has low interest coverage ratio.
Promoter holding is low: 35.4%
Company has a low return on equity of 4.65% over last 3 years.
Company might be capitalizing the interest cost
Earnings include an other income of Rs.4.10 Cr.
Promoter holding has decreased over last 3 years: -11.1%

* 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

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	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
	23.08	24.77	18.77	58.11	40.19	57.13	34.40	17.27	3.31	4.66	41.87	56.68	44.01
	22.44	24.49	18.58	56.89	39.33	56.45	34.26	16.28	3.58	5.30	41.76	55.62	43.46
Operating Profit	0.64	0.28	0.19	1.22	0.86	0.68	0.14	0.99	-0.27	-0.64	0.11	1.06	0.55
OPM %	2.77%	1.13%	1.01%	2.10%	2.14%	1.19%	0.41%	5.73%	-8.16%	-13.73%	0.26%	1.87%	1.25%
	0.44	0.42	0.40	-0.07	0.80	0.46	0.25	0.15	1.12	2.70	0.65	0.33	0.42
Interest	0.15	0.14	0.12	0.12	0.11	0.12	0.10	0.09	0.12	0.20	0.50	0.59	0.67
Depreciation	0.37	0.39	0.40	0.41	0.41	0.41	0.40	0.40	0.41	0.42	0.79	0.81	0.90
Profit before tax	0.56	0.17	0.07	0.62	1.14	0.61	-0.11	0.65	0.32	1.44	-0.53	-0.01	-0.60
Tax %	48.21%	-23.53%	14.29%	24.19%	36.84%	18.03%	18.18%	35.38%	34.38%	-20.83%	30.19%	-100.00%	13.33%
	0.28	0.21	0.07	0.47	0.72	0.49	-0.09	0.42	0.22	1.75	-0.36	-0.03	-0.52
EPS in Rs	0.17	0.13	0.04	0.29	0.45	0.29	-0.05	0.25	0.13	1.03	-0.21	-0.02	-0.31
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
	73	18	13	26	12	49	49	11	12	70	174	60	147
	74	19	13	28	13	49	47	10	11	69	171	59	146
Operating Profit	-0	-0	-0	-2	-1	0	2	0	1	1	3	0	1
OPM %	-1%	-1%	-2%	-8%	-5%	1%	3%	3%	11%	1%	2%	0%	1%
	1	0	1	3	1	1	1	1	1	2	2	4	4
Interest	0	0	0	0	0	0	0	0	0	1	0	1	2
Depreciation	0	0	0	0	0	1	1	1	1	2	2	2	3
Profit before tax	1	0	0	0	0	1	2	0	0	1	2	2	0
Tax %	45%	-33%	32%	25%	-100%	27%	29%	10%	60%	8%	28%	0%
	0	0	0	0	0	0	1	0	0	1	2	2	1
EPS in Rs	0.23	0.02	0.07	0.04	0.01	0.27	0.88	0.11	0.05	0.68	1.03	1.36	0.49
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	12%
5 Years:	4%
3 Years:	69%
TTM:	31%

Compounded Profit Growth
10 Years:	16%
5 Years:	12%
3 Years:	199%
TTM:	-19%

Stock Price CAGR
10 Years:	21%
5 Years:	3%
3 Years:	-11%
1 Year:	18%

Return on Equity
10 Years:	2%
5 Years:	3%
3 Years:	5%
Last Year:	8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	16	16	16	16	16	16	16	16	16	16	17	17	17
Reserves	6	6	6	6	6	6	3	3	3	4	9	12	11
	1	0	0	0	0	0	0	2	3	3	8	21	28
	10	5	6	6	35	4	33	3	12	35	4	8	27
Total Liabilities	32	28	29	28	57	27	53	25	34	59	39	58	83
	2	3	4	4	5	8	7	8	15	15	16	14	32
CWIP	1	1	0	0	0	0	2	0	0	0	1	25	2
Investments	0	0	0	1	0	0	0	0	1	1	1	1	1
	29	24	24	24	51	19	44	16	18	43	22	18	49
Total Assets	32	28	29	28	57	27	53	25	34	59	39	58	83

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
	0	-1	1	1	2	2	5	-2	4	0	7	4
	-1	-1	-1	1	-2	-2	-5	0	-3	-0	-3	-23
	0	-0	-0	-0	-0	0	-0	-0	-1	-1	6	14
Net Cash Flow	0	-2	-0	2	-0	0	-0	-2	0	-1	10	-4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	43	128	203	69	27	28	252	208	174	169	4	13
Inventory Days	25	99	146	59	207	40	13	97	303	6	3	13
Days Payable	41	114	204	80	38	26	252	193	319	167	7	19
Cash Conversion Cycle	27	113	144	48	196	41	12	113	158	8	-0	7
Working Capital Days	50	227	315	127	220	44	39	261	164	35	2	-7
ROCE %	2%	3%	2%	-7%	0%	3%	8%	2%	3%	2%	7%	6%

Shareholding Pattern

Numbers in percentages

	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
	46.50%	46.50%	46.50%	46.50%	45.48%	45.48%	35.40%	35.40%	35.40%	35.40%	35.40%	35.40%
	0.49%	0.73%	0.73%	0.73%	0.70%	0.70%	0.50%	0.50%	0.50%	0.50%	0.50%	0.50%
	53.01%	52.77%	52.77%	52.77%	53.82%	53.82%	64.08%	64.10%	64.09%	64.09%	64.08%	64.09%
No. of Shareholders	3,384	3,565	3,671	4,246	4,165	4,115	4,208	4,166	4,107	4,080	3,935	3,782

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	46.50%	46.50%	46.50%	46.50%	46.50%	46.50%	35.40%	35.40%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.73%	0.50%	0.50%
	53.50%	53.50%	53.50%	53.50%	53.50%	52.77%	64.10%	64.09%
No. of Shareholders	3,802	3,564	3,344	3,316	3,380	4,246	4,166	3,782

* 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.

Documents

Announcements

All

Candour Techtex Ltd

Candour Techtex Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports