Pranavaditya Spinning Mills Ltd

₹ 17.3 None%
25 Oct 2022
About

Pranavaditya Spinning Mills Limited, incorporated in 1990, is engaged in the manufacturing of cotton yarn. [1]

Key Points

Products
The company offers Ring Spun Yarn and Twisted TFO Double Yarn for Weaving, and Hosiery Yarn for knitting. It also offers Combed Cotton, Slub, Cotton Core Lycra, and Blended Yarn. [1]

  • Market Cap 33.3 Cr.
  • Current Price 17.3
  • High / Low 35.8 / 15.4
  • Stock P/E 20.7
  • Book Value 12.9
  • Dividend Yield 0.00 %
  • ROCE 4.56 %
  • ROE 2.96 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of -5.14% 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
20.58 15.48 18.58 15.33 2.04 3.33 0.32 0.31 0.33 0.43 1.51 1.70 1.91
20.79 16.20 20.66 14.75 3.36 4.85 0.50 0.63 0.44 0.48 0.53 0.58 0.92
Operating Profit -0.21 -0.72 -2.08 0.58 -1.32 -1.52 -0.18 -0.32 -0.11 -0.05 0.98 1.12 0.99
OPM % -1.02% -4.65% -11.19% 3.78% -64.71% -45.65% -56.25% -103.23% -33.33% -11.63% 64.90% 65.88% 51.83%
0.00 0.00 0.00 0.00 0.00 -3.63 -0.02 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.04 0.07 0.03 0.14 0.04 0.00 0.00 0.03 0.01 0.00 0.00 0.00 0.00
Depreciation 0.31 0.31 0.31 0.31 0.30 0.30 0.30 0.30 0.21 0.22 0.21 0.20 0.19
Profit before tax -0.56 -1.10 -2.42 0.13 -1.66 -5.45 -0.50 -0.65 -0.33 -0.27 0.77 0.92 0.80
Tax % 60.71% 27.27% 27.69% 30.77% 27.71% 28.99% 28.00% 27.69% 9.09% 25.93% 27.27% 29.35% 27.50%
Net Profit -0.22 -0.80 -1.75 0.09 -1.20 -3.87 -0.36 -0.47 -0.30 -0.19 0.56 0.66 0.58
EPS in Rs -0.11 -0.42 -0.91 0.05 -0.62 -2.02 -0.19 -0.24 -0.16 -0.10 0.29 0.34 0.30
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
48.91 47.74 60.76 72.74 65.38 60.48 57.76 71.37 82.26 69.41 5.20 0.00 5.55
44.21 50.18 56.17 68.53 63.80 59.71 57.80 72.74 82.00 72.40 9.34 2.01 2.51
Operating Profit 4.70 -2.44 4.59 4.21 1.58 0.77 -0.04 -1.37 0.26 -2.99 -4.14 -2.01 3.04
OPM % 9.61% -5.11% 7.55% 5.79% 2.42% 1.27% -0.07% -1.92% 0.32% -4.31% -79.62% 54.77%
0.21 0.28 0.50 0.31 0.46 0.33 0.39 0.67 0.29 0.54 -2.85 3.96 0.00
Interest 0.24 0.33 0.34 0.26 0.30 0.23 0.18 0.35 0.28 0.27 0.08 0.01 0.00
Depreciation 1.92 0.58 0.40 0.46 0.57 1.29 1.16 1.24 1.23 1.25 1.20 0.84 0.82
Profit before tax 2.75 -3.07 4.35 3.80 1.17 -0.42 -0.99 -2.29 -0.96 -3.97 -8.27 1.10 2.22
Tax % 41.09% 30.94% 34.02% 32.63% 29.91% 21.43% 41.41% 28.82% 32.29% 32.24% 28.54% 33.64%
Net Profit 1.62 -2.11 2.88 2.57 0.83 -0.33 -0.57 -1.64 -0.66 -2.68 -5.91 0.72 1.61
EPS in Rs 0.84 -1.10 1.50 1.34 0.43 -0.17 -0.30 -0.85 -0.34 -1.40 -3.08 0.38 0.83
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: %
5 Years: %
3 Years: %
TTM: 29%
Compounded Profit Growth
10 Years: 9%
5 Years: 30%
3 Years: 46%
TTM: 219%
Stock Price CAGR
10 Years: 9%
5 Years: -4%
3 Years: -5%
1 Year: -44%
Return on Equity
10 Years: 0%
5 Years: -4%
3 Years: -5%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
19.24 19.24 19.24 19.24 19.24 19.24 19.24 19.24 19.24 19.24 19.24 19.24
Reserves 19.97 17.23 19.49 21.32 21.37 15.71 15.24 13.67 13.05 10.35 4.74 5.47
3.78 3.31 1.49 1.15 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
4.03 6.98 6.44 12.88 8.02 9.02 14.99 17.23 15.23 13.94 6.71 10.65
Total Liabilities 47.02 46.76 46.66 54.59 48.64 43.97 49.47 50.14 47.52 43.53 30.69 35.36
26.73 26.92 26.41 28.23 27.52 28.12 27.98 27.61 26.59 25.35 24.14 23.30
CWIP 0.07 0.00 0.00 0.00 0.13 0.00 0.10 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
20.22 19.84 20.25 26.36 20.99 15.85 21.39 22.53 20.93 18.18 6.55 12.06
Total Assets 47.02 46.76 46.66 54.59 48.64 43.97 49.47 50.14 47.52 43.53 30.69 35.36

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
0.76 1.91 2.51 5.48 0.16 2.14 0.84 2.97 -2.05 2.92 -2.75 -0.16
-1.72 -1.22 -0.44 -2.88 -0.50 -1.58 -1.10 -0.69 -0.12 0.04 0.14 0.21
0.49 -0.83 -2.17 -0.60 -1.41 -0.23 -0.18 -0.35 -0.28 -0.27 -0.08 -0.01
Net Cash Flow -0.47 -0.14 -0.10 2.00 -1.76 0.32 -0.44 1.94 -2.45 2.69 -2.69 0.04

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 35.22 33.26 24.33 33.62 30.59 30.36 37.85 37.28 40.73 22.61 0.00
Inventory Days 93.29 62.75 65.98 46.31 46.10 53.81 98.94 59.01 45.08 46.78 2.62
Days Payable 20.66 43.04 34.50 64.24 30.76 40.27 58.11 73.00 53.59 74.98 374.83
Cash Conversion Cycle 107.86 52.97 55.81 15.69 45.93 43.90 78.68 23.30 32.23 -5.58 -372.21
Working Capital Days 77.39 45.72 51.30 36.78 49.02 50.94 46.51 18.56 27.16 4.21 -267.43
ROCE % 6.74% -6.62% 11.72% 9.84% 3.06% -0.77% -1.90% -5.76% -2.09% -11.96% -16.95% 4.56%

Shareholding Pattern

Numbers in percentages

1 recently
Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
74.53 74.53 74.53 74.53 74.53 74.53 74.53 74.53 74.53 74.53 74.53 74.53
25.47 25.47 25.47 25.47 25.47 25.47 25.47 25.47 25.47 25.47 25.47 25.47

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