Spenta International Ltd

Spenta International Ltd

₹ 129 -0.69%
12 Apr - close price
About

Incorporated in 1994, Spenta International
Ltd specializes in designing, manufacturing and exporting cotton socks for men, women and children.

Key Points

Product Profile:[1]
a) Women Sports
b) Women Fashion
c) Women Socks
d) Kids Socks
e) Wrist Bands
f) Men Formals
g) Men Sports
h) Technical Socks

  • Market Cap 35.7 Cr.
  • Current Price 129
  • High / Low 200 / 92.0
  • Stock P/E 24.4
  • Book Value 99.6
  • Dividend Yield 0.78 %
  • ROCE 6.39 %
  • ROE 4.26 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 147 to 89.3 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 7.34% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 1.94% over last 3 years.
  • Earnings include an other income of Rs.1.10 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: Textiles Industry: Textiles - Products

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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
7.20 10.16 8.65 14.65 13.69 14.29 15.00 16.27 11.03 10.57 9.61 10.00 6.40
6.78 9.22 7.73 12.79 12.80 13.47 14.60 14.97 10.89 9.09 9.51 8.74 5.95
Operating Profit 0.42 0.94 0.92 1.86 0.89 0.82 0.40 1.30 0.14 1.48 0.10 1.26 0.45
OPM % 5.83% 9.25% 10.64% 12.70% 6.50% 5.74% 2.67% 7.99% 1.27% 14.00% 1.04% 12.60% 7.03%
0.20 0.16 0.18 0.41 0.14 0.16 0.10 0.29 0.22 0.12 0.38 0.24 0.36
Interest 0.41 0.46 0.43 0.43 0.41 0.36 0.41 0.39 0.42 0.45 0.48 0.44 0.41
Depreciation 0.27 0.27 0.27 0.27 0.27 0.27 0.28 0.28 0.28 0.28 0.24 0.24 0.24
Profit before tax -0.06 0.37 0.40 1.57 0.35 0.35 -0.19 0.92 -0.34 0.87 -0.24 0.82 0.16
Tax % -33.33% 0.00% 7.50% 21.02% 11.43% 20.00% 10.53% 14.13% 8.82% 5.75% 8.33% 17.07% 6.25%
-0.08 0.37 0.36 1.23 0.31 0.28 -0.16 0.79 -0.31 0.83 -0.22 0.69 0.16
EPS in Rs -0.29 1.34 1.30 4.45 1.12 1.01 -0.58 2.86 -1.12 3.00 -0.80 2.50 0.58
Raw PDF

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
26.42 27.94 37.48 35.48 37.75 35.63 36.99 44.24 36.11 22.22 51.13 52.71 36.58
21.83 23.72 32.62 31.29 32.49 31.34 32.01 38.11 31.98 21.72 46.67 49.28 33.29
Operating Profit 4.59 4.22 4.86 4.19 5.26 4.29 4.98 6.13 4.13 0.50 4.46 3.43 3.29
OPM % 17.37% 15.10% 12.97% 11.81% 13.93% 12.04% 13.46% 13.86% 11.44% 2.25% 8.72% 6.51% 8.99%
0.77 0.44 0.34 0.57 0.51 0.59 0.61 0.37 0.42 0.64 0.94 0.72 1.10
Interest 1.14 0.71 0.79 0.75 1.14 1.44 1.70 2.12 1.77 1.64 1.65 1.77 1.78
Depreciation 1.61 1.69 1.73 2.22 0.92 0.95 1.32 1.17 1.14 1.09 1.09 1.10 1.00
Profit before tax 2.61 2.26 2.68 1.79 3.71 2.49 2.57 3.21 1.64 -1.59 2.66 1.28 1.61
Tax % 35.25% 38.94% 45.15% 30.17% 26.95% 32.13% 28.40% 29.60% 27.44% 0.00% 17.29% 10.16%
1.69 1.38 1.47 1.25 2.70 1.69 1.84 2.26 1.19 -1.59 2.19 1.15 1.46
EPS in Rs 5.43 4.43 4.72 4.52 9.77 6.11 6.66 8.18 4.30 -5.75 7.92 4.16 5.28
Dividend Payout % 0.00% 0.00% 0.00% 24.29% 12.27% 21.23% 22.50% 18.32% 18.55% 0.00% 18.90% 24.00%
Compounded Sales Growth
10 Years: 7%
5 Years: 7%
3 Years: 13%
TTM: -35%
Compounded Profit Growth
10 Years: -2%
5 Years: -9%
3 Years: 0%
TTM: 143%
Stock Price CAGR
10 Years: 26%
5 Years: 11%
3 Years: 45%
1 Year: 41%
Return on Equity
10 Years: 6%
5 Years: 4%
3 Years: 2%
Last Year: 4%

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 3.12 3.11 3.11 2.76 2.76 2.76 2.76 2.76 2.76 2.76 2.76 2.76 2.76
Reserves 13.15 14.53 16.00 16.12 18.43 20.27 21.67 22.75 23.40 21.56 23.86 24.58 24.77
5.89 3.49 2.76 3.19 6.70 7.76 16.09 16.61 15.38 19.15 21.00 20.43 18.61
3.62 10.36 4.07 4.50 4.79 4.16 6.18 7.46 6.03 8.40 11.28 8.15 7.82
Total Liabilities 25.78 31.49 25.94 26.57 32.68 34.95 46.70 49.58 47.57 51.87 58.90 55.92 53.96
8.32 7.69 6.32 5.64 8.41 9.98 18.66 18.71 19.53 18.55 17.63 16.65 16.18
CWIP 0.00 0.00 0.70 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 2.66 1.21 1.21 1.21 1.85 0.77 0.80 0.75 0.72 1.00 1.14 1.07 1.23
14.80 22.59 17.71 19.72 22.42 24.20 27.24 30.12 27.32 32.32 40.13 38.20 36.55
Total Assets 25.78 31.49 25.94 26.57 32.68 34.95 46.70 49.58 47.57 51.87 58.90 55.92 53.96

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
1.74 -0.86 3.72 2.75 2.93 2.44 0.50 2.13 4.51 -2.02 -0.51 3.05
-0.78 0.80 -0.77 -0.48 -7.24 -1.91 -6.87 -0.05 -1.02 -0.05 0.47 -0.30
-2.02 0.06 -1.53 -1.43 4.07 -0.73 6.31 -1.98 -3.43 1.97 0.23 -2.65
Net Cash Flow -1.06 0.00 1.42 0.85 -0.24 -0.20 -0.06 0.10 0.06 -0.10 0.19 0.09

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 86.76 83.61 62.52 57.10 68.55 58.70 103.12 114.35 106.34 238.19 113.58 89.33
Inventory Days 80.07 99.22 62.28 99.95 77.06 103.84 164.85 141.73 177.97 305.05 179.10 190.94
Days Payable 15.07 76.39 48.55 61.91 53.39 45.96 97.40 63.84 59.66 125.21 67.42 39.36
Cash Conversion Cycle 151.75 106.43 76.26 95.13 92.22 116.59 170.56 192.25 224.64 418.03 225.26 240.90
Working Capital Days 93.81 106.47 80.15 83.74 89.44 109.51 143.08 143.64 168.30 316.21 171.40 170.83
ROCE % 17.23% 13.77% 16.37% 11.56% 19.42% 13.39% 11.98% 12.90% 8.03% 0.12% 8.83% 6.39%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
64.48% 64.48% 64.48% 64.48% 64.48% 64.48% 64.48% 64.48% 64.48% 64.48% 64.69% 64.72%
35.52% 35.52% 35.52% 35.52% 35.52% 35.51% 35.51% 35.52% 35.52% 35.52% 35.30% 35.29%
No. of Shareholders 2,9072,8702,8752,8772,9002,9072,9351,9631,8861,8681,8451,796

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