Spice Islands Apparels Ltd
Spice Islands Apparels is engaged in the manufacturing and selling of knitted and woven garments.
- Market Cap ₹ 1.71 Cr.
- Current Price ₹ 3.98
- High / Low ₹ 16.3 / 3.62
- Stock P/E
- Book Value ₹ 5.65
- Dividend Yield 0.00 %
- ROCE -36.0 %
- ROE -64.7 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.70 times its book value
- Debtor days have improved from 49.23 to 26.14 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -8.29% over past five years.
- Company has a low return on equity of -38.81% for last 3 years.
Peer comparison
Sector: Readymade Garments/ Apparells Industry: Textiles - Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11.54 | 2.63 | 5.74 | 3.83 | 4.84 | 1.74 | 6.29 | 3.15 | 4.45 | 0.24 | 3.06 | 1.24 | |
10.57 | 4.08 | 6.39 | 4.59 | 6.30 | 3.04 | 6.72 | 4.17 | 4.49 | 0.65 | 3.22 | 2.11 | |
Operating Profit | 0.97 | -1.45 | -0.65 | -0.76 | -1.46 | -1.30 | -0.43 | -1.02 | -0.04 | -0.41 | -0.16 | -0.87 |
OPM % | 8.41% | -55.13% | -11.32% | -19.84% | -30.17% | -74.71% | -6.84% | -32.38% | -0.90% | -170.83% | -5.23% | -70.16% |
Other Income | -1.36 | 0.12 | 0.15 | 0.18 | 0.11 | 0.09 | 0.03 | 0.20 | 0.10 | 0.13 | 0.14 | 0.21 |
Interest | 0.16 | 0.08 | 0.09 | 0.16 | 0.03 | 0.05 | 0.05 | 0.04 | 0.07 | 0.02 | 0.05 | 0.06 |
Depreciation | 0.13 | 0.12 | 0.12 | 0.12 | 0.11 | 0.12 | 0.07 | 0.07 | 0.13 | 0.10 | 0.10 | 0.04 |
Profit before tax | -0.68 | -1.53 | -0.71 | -0.86 | -1.49 | -1.38 | -0.52 | -0.93 | -0.14 | -0.40 | -0.17 | -0.76 |
Tax % | 7.35% | 2.61% | 15.49% | 12.79% | 28.19% | -3.62% | -11.54% | 2.15% | 78.57% | 5.00% | 5.88% | -1.32% |
Net Profit | -0.62 | -1.49 | -0.60 | -0.75 | -1.07 | -1.42 | -0.58 | -0.90 | -0.03 | -0.37 | -0.15 | -0.77 |
EPS in Rs | -1.44 | -3.47 | -1.40 | -1.74 | -2.49 | -3.30 | -1.35 | -2.09 | -0.07 | -0.86 | -0.35 | -1.79 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
13.23 | 18.81 | 19.43 | 13.81 | 12.32 | 16.17 | 24.11 | 22.95 | 17.73 | 28.82 | 17.03 | 15.64 | 8.99 | |
12.07 | 17.56 | 17.50 | 13.39 | 13.04 | 16.51 | 23.53 | 22.77 | 19.53 | 30.39 | 21.23 | 18.35 | 10.47 | |
Operating Profit | 1.16 | 1.25 | 1.93 | 0.42 | -0.72 | -0.34 | 0.58 | 0.18 | -1.80 | -1.57 | -4.20 | -2.71 | -1.48 |
OPM % | 8.77% | 6.65% | 9.93% | 3.04% | -5.84% | -2.10% | 2.41% | 0.78% | -10.15% | -5.45% | -24.66% | -17.33% | -16.46% |
Other Income | 1.17 | 3.23 | 0.41 | 0.59 | 0.55 | 1.23 | 0.78 | 0.81 | 1.04 | 1.22 | 0.52 | 0.43 | 0.58 |
Interest | 0.10 | 0.32 | 0.29 | 0.35 | 0.27 | 0.16 | 0.15 | 0.17 | 0.24 | 0.43 | 0.43 | 0.29 | 0.20 |
Depreciation | 0.31 | 0.26 | 0.28 | 0.27 | 0.27 | 0.24 | 0.39 | 0.49 | 0.47 | 0.49 | 0.48 | 0.39 | 0.37 |
Profit before tax | 1.92 | 3.90 | 1.77 | 0.39 | -0.71 | 0.49 | 0.82 | 0.33 | -1.47 | -1.27 | -4.59 | -2.96 | -1.47 |
Tax % | -1.04% | 15.38% | 38.42% | 46.15% | -7.04% | 12.24% | 25.61% | 15.15% | -5.44% | -3.94% | 14.60% | 1.01% | |
Net Profit | 1.94 | 3.30 | 1.09 | 0.21 | -0.76 | 0.43 | 0.61 | 0.28 | -1.54 | -1.32 | -3.91 | -2.94 | -1.32 |
EPS in Rs | 4.51 | 7.67 | 2.53 | 0.49 | -1.77 | 1.00 | 1.42 | 0.65 | -3.58 | -3.07 | -9.09 | -6.84 | -3.07 |
Dividend Payout % | 22.16% | 19.55% | 39.45% | 153.57% | -28.29% | 100.00% | 105.74% | 115.18% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -2% |
5 Years: | -8% |
3 Years: | -4% |
TTM: | -44% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -9% |
TTM: | 69% |
Stock Price CAGR | |
---|---|
10 Years: | -15% |
5 Years: | -31% |
3 Years: | -41% |
1 Year: | -77% |
Return on Equity | |
---|---|
10 Years: | -8% |
5 Years: | -23% |
3 Years: | -39% |
Last Year: | -65% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4.30 | 4.30 | 4.30 | 4.30 | 4.30 | 4.30 | 4.30 | 4.30 | 4.30 | 4.30 | 4.30 | 4.30 | 4.30 | |
Reserves | 7.36 | 9.90 | 10.49 | 10.32 | 9.31 | 9.24 | 8.88 | 8.77 | 6.83 | 5.52 | 1.59 | -1.35 | -1.87 |
Borrowings | 1.91 | 1.20 | 1.50 | 3.13 | 0.39 | 0.16 | 0.20 | 1.08 | 2.52 | 4.80 | 3.45 | 2.08 | 3.16 |
1.90 | 2.33 | 2.42 | 1.36 | 1.42 | 1.36 | 2.56 | 1.80 | 1.88 | 3.40 | 2.56 | 3.35 | 2.83 | |
Total Liabilities | 15.47 | 17.73 | 18.71 | 19.11 | 15.42 | 15.06 | 15.94 | 15.95 | 15.53 | 18.02 | 11.90 | 8.38 | 8.42 |
2.85 | 2.83 | 2.90 | 2.66 | 2.79 | 2.33 | 1.94 | 2.89 | 3.08 | 3.12 | 2.23 | 2.08 | 1.88 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 1.76 | 3.02 | 2.20 | 2.07 | 2.14 | 2.68 | 2.36 | 2.88 | 2.96 | 2.71 | 1.81 | 0.19 | 0.20 |
10.86 | 11.88 | 13.61 | 14.38 | 10.49 | 10.05 | 11.64 | 10.18 | 9.49 | 12.19 | 7.86 | 6.11 | 6.34 | |
Total Assets | 15.47 | 17.73 | 18.71 | 19.11 | 15.42 | 15.06 | 15.94 | 15.95 | 15.53 | 18.02 | 11.90 | 8.38 | 8.42 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.12 | 4.11 | -1.53 | -0.54 | 2.37 | 1.02 | -2.64 | 1.56 | -1.78 | -3.43 | 0.82 | -0.24 | |
-1.36 | -1.32 | 0.36 | 0.35 | 0.00 | 0.18 | 0.74 | -1.37 | 0.85 | 0.38 | 0.54 | 2.12 | |
1.77 | -0.82 | -0.59 | 0.88 | -3.39 | -0.63 | -0.62 | -0.29 | 0.79 | 1.92 | -1.72 | -1.72 | |
Net Cash Flow | 2.53 | 1.97 | -1.76 | 0.69 | -1.02 | 0.57 | -2.52 | -0.10 | -0.13 | -1.13 | -0.35 | 0.16 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 27.71% | 27.48% | 13.76% | 5.88% | -2.83% | 4.26% | 5.98% | 2.32% | -14.17% | -11.46% | -34.39% | -36.05% |
Debtor Days | 99.32 | 30.47 | 81.72 | 78.50 | 42.96 | 3.84 | 12.11 | 22.90 | 52.08 | 73.33 | 48.22 | 26.14 |
Inventory Turnover | 9.07 | 12.44 | 9.49 | 6.69 | 6.46 | 6.51 | 7.53 | 5.59 | 4.68 | 15.21 | 7.69 | 7.57 |
Documents
Add documentRecent announcements
- Statement Of Investor Complaints For The Quarter Ended December 2020 17 Feb
- FINANCIAL RESULTS FOR THE YEAR ENDED 31ST DECEMBER, 2020. 15 Feb
- Outcome Of Board Meeting Pursuant To Regulation 33 Of The SEBI (Listing Obligations And Disclosure And Requirements) Regulations, 2015. 15 Feb
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Feb
- Disclosure under Reg. 30 of SEBI (SAST) Regulation, 2011 25 Jan
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2011 from bse
- Financial Year 2010 from bse