Supertex Industries Ltd
Incorporated in 1986, Supertex Industries Ltd manufactures and exports draw warped, sized yarn beams, textured and twisted yarns, etc.[1]
- Market Cap ₹ 14.1 Cr.
- Current Price ₹ 12.4
- High / Low ₹ 18.8 / 8.71
- Stock P/E 21.7
- Book Value ₹ 26.3
- Dividend Yield 0.00 %
- ROCE 6.75 %
- ROE 0.17 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.47 times its book value
- 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.
- The company has delivered a poor sales growth of -9.76% over past five years.
- Promoter holding is low: 15.4%
- Company has a low return on equity of 0.82% over last 3 years.
- Contingent liabilities of Rs.8.43 Cr.
- Company has high debtors of 236 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 - Processing
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
50.77 | 71.50 | 65.34 | 73.39 | 91.56 | 94.47 | 113.94 | 96.18 | 126.21 | 64.42 | 65.90 | 68.17 | 82.27 | |
49.16 | 70.30 | 63.92 | 71.41 | 90.15 | 92.44 | 110.41 | 92.63 | 121.84 | 60.55 | 62.92 | 64.68 | 76.68 | |
Operating Profit | 1.61 | 1.20 | 1.42 | 1.98 | 1.41 | 2.03 | 3.53 | 3.55 | 4.37 | 3.87 | 2.98 | 3.49 | 5.59 |
OPM % | 3.17% | 1.68% | 2.17% | 2.70% | 1.54% | 2.15% | 3.10% | 3.69% | 3.46% | 6.01% | 4.52% | 5.12% | 6.79% |
0.87 | 0.75 | 0.30 | 0.83 | 0.81 | 0.88 | 0.25 | 0.17 | 0.04 | 0.04 | 1.08 | 1.09 | -0.41 | |
Interest | 0.26 | 0.36 | 0.57 | 1.31 | 1.48 | 1.99 | 2.22 | 2.10 | 2.72 | 2.68 | 3.11 | 3.44 | 3.31 |
Depreciation | 1.02 | 0.77 | 0.39 | 0.30 | 0.41 | 0.49 | 0.54 | 0.56 | 0.64 | 0.72 | 0.77 | 0.94 | 0.93 |
Profit before tax | 1.20 | 0.82 | 0.76 | 1.20 | 0.33 | 0.43 | 1.02 | 1.06 | 1.05 | 0.51 | 0.18 | 0.20 | 0.94 |
Tax % | 8.33% | 64.63% | 122.37% | 35.83% | 36.36% | -25.58% | 39.22% | 111.32% | 5.71% | -9.80% | 33.33% | 75.00% | |
1.09 | 0.29 | -0.17 | 0.77 | 0.20 | 0.54 | 0.62 | -0.12 | 0.99 | 0.56 | 0.12 | 0.05 | 0.65 | |
EPS in Rs | 0.96 | 0.26 | -0.15 | 0.68 | 0.18 | 0.48 | 0.55 | -0.11 | 0.87 | 0.49 | 0.11 | 0.04 | 0.58 |
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: | 0% |
5 Years: | -10% |
3 Years: | -19% |
TTM: | 47% |
Compounded Profit Growth | |
---|---|
10 Years: | -16% |
5 Years: | -40% |
3 Years: | -63% |
TTM: | 600% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 34% |
3 Years: | 38% |
1 Year: | -3% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
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 | 11.34 | 11.34 | 11.34 | 11.34 | 11.34 | 11.34 | 11.34 | 11.34 | 11.34 | 11.34 | 11.34 | 11.34 | 11.34 |
Reserves | 9.61 | 15.21 | 15.04 | 15.77 | 15.97 | 16.44 | 17.04 | 16.91 | 17.89 | 18.41 | 18.49 | 18.56 | 18.45 |
1.60 | 2.18 | 7.97 | 8.81 | 16.81 | 14.96 | 16.95 | 19.98 | 22.50 | 24.46 | 23.49 | 24.56 | 25.42 | |
22.59 | 23.53 | 23.65 | 13.91 | 23.56 | 27.70 | 30.28 | 19.41 | 29.51 | 27.61 | 16.20 | 22.52 | 14.14 | |
Total Liabilities | 45.14 | 52.26 | 58.00 | 49.83 | 67.68 | 70.44 | 75.61 | 67.64 | 81.24 | 81.82 | 69.52 | 76.98 | 69.35 |
5.54 | 4.85 | 4.25 | 5.61 | 7.81 | 9.33 | 8.89 | 10.85 | 12.64 | 13.41 | 12.86 | 11.94 | 11.61 | |
CWIP | 1.03 | 1.05 | 1.05 | 0.55 | 0.55 | 0.44 | 0.44 | 0.00 | 0.00 | 0.00 | 0.00 | 0.41 | 0.41 |
Investments | 0.00 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.14 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
38.57 | 46.23 | 52.57 | 43.54 | 59.19 | 60.54 | 66.14 | 56.79 | 68.60 | 68.41 | 56.66 | 64.63 | 57.33 | |
Total Assets | 45.14 | 52.26 | 58.00 | 49.83 | 67.68 | 70.44 | 75.61 | 67.64 | 81.24 | 81.82 | 69.52 | 76.98 | 69.35 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.34 | 0.30 | -5.12 | 1.43 | -3.22 | 5.70 | -0.49 | 0.98 | 2.51 | 2.09 | 4.71 | 2.79 | |
-1.60 | -0.22 | 0.21 | -1.22 | -2.62 | -1.91 | -0.10 | -1.93 | -2.44 | -1.49 | -0.22 | -0.42 | |
0.10 | 0.23 | 5.16 | -0.61 | 6.41 | -3.54 | -0.13 | 1.14 | -0.18 | -0.63 | -4.34 | -2.37 | |
Net Cash Flow | -0.16 | 0.31 | 0.25 | -0.41 | 0.57 | 0.26 | -0.72 | 0.18 | -0.11 | -0.02 | 0.15 | 0.00 |
Ratios
Figures in Rs. Crores
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 | 110.14 | 123.18 | 144.74 | 90.81 | 110.78 | 110.50 | 136.15 | 138.21 | 128.26 | 275.19 | 189.92 | 235.86 |
Inventory Days | 12.39 | 12.71 | 13.85 | 14.19 | 19.08 | 26.81 | 32.78 | 32.09 | 21.33 | 45.12 | 28.86 | 30.00 |
Days Payable | 94.74 | 114.80 | 134.02 | 58.44 | 93.60 | 100.66 | 95.94 | 71.43 | 80.25 | 160.32 | 78.53 | 106.20 |
Cash Conversion Cycle | 27.78 | 21.08 | 24.57 | 46.57 | 36.26 | 36.65 | 72.99 | 98.87 | 69.34 | 159.99 | 140.25 | 159.65 |
Working Capital Days | 102.23 | 81.93 | 127.20 | 120.51 | 118.24 | 103.47 | 99.37 | 128.12 | 103.10 | 213.66 | 208.59 | 211.33 |
ROCE % | 6.68% | 4.60% | 5.17% | 7.17% | 4.80% | 5.57% | 7.36% | 6.76% | 7.54% | 6.02% | 6.12% | 6.75% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Apr - Copies of the newspaper publication with respect to the dispatch of Postal Ballot Notice to the Members of the Company.
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 12 Apr
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Announcement under Regulation 30 (LODR)-Cessation
30 Mar - Completion of Tenure of Mr. Pradip Ramanlal Kapadia and Mr. Maheshchandra Anantlal Sharma as an Non-Executive Independent Director of the Company.
- Closure of Trading Window 30 Mar
-
Announcement under Regulation 30 (LODR)-Change in Directorate
22 Mar - Outcome of Board Meeting held on Friday, 22nd March 2024.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1]
Company does processing of synthetic yarns, trading of grey and polyester fabrics, texturizing, twisting, draw-warping and sizing of polyester filament yarn (PFY located at Silvassa in Dadra and Nagar Haveli and Dharampur in Gujarat).
Its draw warping sizing and beaming divisions are located at Dharampur, and it manufactures texturized twisted fancy yarns at Silvassa