Prakash Woollen & Synthetic Mills Ltd

Prakash Woollen & Synthetic Mills Ltd

₹ 36.5 -0.33%
12 Apr - close price
About

Incorporated in 1979, Prakash Woolen & Synthetic Mills Ltd is in the textile business[1]

Key Points

Business Overview:[1][2]
Company specializes in production of Mink Blankets and Bed Covers and has facilities for knitting, dyeing, processing, printing, finishing and packaging. It sells its products through multiple channels including wholesale, retail and through agents

  • Market Cap 37.5 Cr.
  • Current Price 36.5
  • High / Low 43.8 / 21.0
  • Stock P/E 104
  • Book Value 44.4
  • Dividend Yield 0.00 %
  • ROCE -3.15 %
  • ROE -10.1 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.82 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 1.08% over past five years.
  • Company has a low return on equity of -1.17% over last 3 years.
  • Company might be capitalizing the interest cost

* 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

Loading peers table ...

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
40.22 18.68 12.49 25.55 38.98 21.51 21.79 20.40 46.38 15.11 16.40 24.99 48.90
34.42 17.43 11.97 23.52 37.05 20.59 22.08 21.03 46.19 13.27 14.59 23.84 44.38
Operating Profit 5.80 1.25 0.52 2.03 1.93 0.92 -0.29 -0.63 0.19 1.84 1.81 1.15 4.52
OPM % 14.42% 6.69% 4.16% 7.95% 4.95% 4.28% -1.33% -3.09% 0.41% 12.18% 11.04% 4.60% 9.24%
0.08 0.13 0.04 0.06 0.03 0.01 0.00 0.02 0.02 0.00 0.00 0.00 0.00
Interest 0.19 0.25 0.17 0.37 0.49 0.48 0.39 0.57 0.67 0.61 0.83 1.16 1.26
Depreciation 1.04 1.13 1.04 1.08 1.06 0.98 1.02 1.02 1.02 1.02 1.14 1.53 1.53
Profit before tax 4.65 0.00 -0.65 0.64 0.41 -0.53 -1.70 -2.20 -1.48 0.21 -0.16 -1.54 1.73
Tax % 30.54% 4.62% -1.56% 56.10% 50.94% 2.35% 1.82% 2.03% -4.76% -312.50% 39.61% 0.58%
3.23 0.29 -0.63 0.65 0.18 -0.26 -1.66 -2.15 -1.45 0.22 -0.66 -0.93 1.73
EPS in Rs 3.15 0.28 -0.61 0.63 0.18 -0.25 -1.62 -2.10 -1.41 0.21 -0.64 -0.91 1.69
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
52 63 80 86 93 102 98 125 133 98 99 104 105
45 55 72 78 83 90 86 113 122 88 93 103 96
Operating Profit 7 8 8 9 10 12 12 13 11 10 5 1 9
OPM % 13% 12% 10% 10% 11% 11% 12% 10% 8% 10% 5% 1% 9%
0 -0 0 0 0 0 0 1 5 1 0 0 0
Interest 3 3 2 2 2 3 3 4 2 1 2 2 4
Depreciation 2 2 2 4 4 4 5 5 4 4 4 4 5
Profit before tax 2 3 3 4 4 4 4 5 10 5 -0 -5 0
Tax % 30% 32% 31% 34% 32% 34% 36% 17% 20% 24% 62% 2%
2 2 2 2 3 3 2 4 8 4 -0 -5 0
EPS in Rs 3.64 4.67 2.17 2.28 2.58 2.69 2.40 3.84 7.86 3.67 -0.06 -4.91 0.35
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 5%
5 Years: 1%
3 Years: -8%
TTM: -4%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 107%
Stock Price CAGR
10 Years: 7%
5 Years: 4%
3 Years: 17%
1 Year: 54%
Return on Equity
10 Years: 5%
5 Years: 3%
3 Years: -1%
Last Year: -10%

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 4 4 10 10 10 10 10 10 10 10 10 10 10
Reserves 12 14 17 18 21 24 26 30 38 42 42 37 35
22 22 19 28 30 29 38 30 11 10 35 50 52
8 9 8 7 9 10 14 12 14 15 15 21 39
Total Liabilities 46 49 53 63 70 73 89 82 73 77 101 119 137
20 23 25 36 38 40 47 43 39 42 46 43 72
CWIP 1 0 1 0 3 0 0 0 1 1 16 29 1
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
26 26 27 28 29 33 42 39 33 33 39 47 64
Total Assets 46 49 53 63 70 73 89 82 73 77 101 119 137

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
2 5 2 6 7 8 7 11 17 10 2 -1
-3 -4 -6 -15 -9 -4 -12 -0 4 -7 -25 -13
1 -0 3 9 2 -4 6 -12 -21 -3 23 14
Net Cash Flow 0 -0 -0 0 0 0 1 -1 -0 -0 0 0

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 52 37 26 32 38 42 47 29 32 21 15 19
Inventory Days 239 155 124 97 94 90 102 86 54 117 120 140
Days Payable 65 47 26 28 36 28 47 22 19 28 25 31
Cash Conversion Cycle 226 145 124 102 96 104 102 92 67 110 109 128
Working Capital Days 125 106 97 90 73 75 77 72 49 76 90 92
ROCE % 13% 14% 12% 10% 11% 12% 11% 12% 11% 9% 2% -3%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
64.40% 64.40% 64.30% 64.30% 64.16% 64.07% 63.81% 63.85% 63.85% 63.85% 63.85% 63.85%
1.30% 1.30% 1.30% 1.30% 1.30% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13%
34.30% 34.30% 34.39% 34.39% 34.54% 35.80% 36.07% 36.01% 36.02% 36.01% 36.01% 36.01%
No. of Shareholders 1,2191,3431,5731,6131,9031,9602,2812,3802,4032,4312,6172,663

* 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