Maris Spinners Ltd

Maris Spinners Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Maris Spinners Ltd

₹ 29.5 1.90%
06 Mar - close price
maris.co.in; srinivasan@maris.co.in BSE: 531503
About

Incorporated in 1981, Maris Spinners Ltd manufactures and sells 100% Cotton Yarns[1]

Key Points

Business Overview:[1]
MSL is in the business of manufacturing yarn
at its spinning mill for the domestic market
with interests in Wind and Solar Energy Gen.
for captive use.

Website BSE
  • Market Cap ₹ 24.1 Cr.
  • Current Price ₹ 29.5
  • High / Low ₹ 45.4 / 26.0
  • Stock P/E
  • Book Value ₹ 22.7
  • Dividend Yield 0.00 %
  • ROCE 8.59 %
  • ROE -6.12 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 6.70% over past five years.
  • Company has a low return on equity of -25.7% over last 3 years.
  • Earnings include an other income of Rs.9.36 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

Consumer Discretionary Textiles Textiles & Apparels Other Textile Products

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Quarterly Results

Figures in Rs. Crores

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
36.83 43.09 45.95 38.08 38.87 37.75 41.42 40.36 42.31 44.93 38.10 43.12 41.24
43.30 45.37 48.59 39.82 40.10 37.03 39.78 39.70 41.69 42.65 36.47 41.64 40.28
Operating Profit -6.47 -2.28 -2.64 -1.74 -1.23 0.72 1.64 0.66 0.62 2.28 1.63 1.48 0.96
OPM % -17.57% -5.29% -5.75% -4.57% -3.16% 1.91% 3.96% 1.64% 1.47% 5.07% 4.28% 3.43% 2.33%
0.19 1.61 1.44 1.94 1.23 1.73 1.50 1.91 2.34 3.92 1.87 1.78 1.79
Interest 1.73 1.23 1.97 2.05 2.21 2.59 2.47 2.46 2.46 2.45 2.48 2.32 2.24
Depreciation 1.34 1.63 1.78 1.79 1.81 0.51 1.62 1.63 1.65 1.77 1.66 1.67 1.68
Profit before tax -9.35 -3.53 -4.95 -3.64 -4.02 -0.65 -0.95 -1.52 -1.15 1.98 -0.64 -0.73 -1.17
Tax % -32.73% -50.14% -29.09% -29.12% -29.10% -70.77% -29.47% -28.95% -28.70% 33.84% -29.69% -28.77% -29.06%
-6.29 -1.77 -3.51 -2.58 -2.85 -0.19 -0.68 -1.08 -0.81 1.31 -0.45 -0.52 -0.83
EPS in Rs -7.58 -2.13 -4.23 -3.11 -3.44 -0.23 -0.82 -1.30 -0.98 1.58 -0.54 -0.63 -1.00
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
116 120 105 118 122 130 122 106 170 147 161 169 167
97 106 93 108 114 121 119 91 140 155 165 163 161
Operating Profit 18 14 12 10 8 9 3 15 30 -8 -5 6 6
OPM % 16% 11% 11% 8% 7% 7% 3% 14% 18% -5% -3% 3% 4%
4 3 3 3 3 3 3 3 2 3 6 10 9
Interest 7 6 5 5 5 5 5 4 4 6 9 10 9
Depreciation 7 5 5 5 5 5 5 4 4 5 6 7 7
Profit before tax 8 5 4 3 1 2 -3 9 23 -16 -13 -2 -1
Tax % 48% 33% 19% 11% -34% -30% -32% 27% 34% -31% -31% -24%
4 3 3 3 1 2 -2 7 15 -11 -9 -1 -0
EPS in Rs 4.87 3.99 3.85 3.19 1.19 2.85 -2.59 8.15 18.60 -13.09 -11.01 -1.52 -0.59
Dividend Payout % 20% 24% 25% 30% 81% 34% 0% 12% 5% 0% 0% 0%
Compounded Sales Growth
10 Years: 4%
5 Years: 7%
3 Years: 0%
TTM: 3%
Compounded Profit Growth
10 Years: %
5 Years: 8%
3 Years: %
TTM: 82%
Stock Price CAGR
10 Years: %
5 Years: -3%
3 Years: -10%
1 Year: -12%
Return on Equity
10 Years: 3%
5 Years: 1%
3 Years: -26%
Last Year: -6%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 8 8 8 8 8 8 8 8 8 8 8 8 8
Reserves 7 10 12 14 15 16 13 20 34 22 13 12 11
57 48 46 47 36 40 33 44 38 63 81 79 70
21 15 17 23 30 26 18 16 38 36 31 31 38
Total Liabilities 93 82 83 93 89 90 72 88 119 130 134 130 127
37 35 32 30 25 28 25 27 32 66 68 62 59
CWIP 1 0 0 1 2 0 0 1 9 1 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 1
56 46 51 62 62 62 47 60 78 63 66 68 68
Total Assets 93 82 83 93 89 90 72 88 119 130 134 130 127

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
13 18 11 22 11 -2 12 1 43 25 4 15
-6 -3 -2 -3 -1 -6 -2 -6 -19 -31 -6 3
-9 -15 -8 -9 -4 -6 -6 -0 6 6 2 -18
Net Cash Flow -1 -0 0 10 5 -14 4 -5 30 -0 0 -0

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 50 50 46 40 52 42 38 20 17 14 21 15
Inventory Days 182 101 176 185 171 168 114 222 177 128 100 107
Days Payable 39 19 38 81 113 90 59 61 91 110 82 71
Cash Conversion Cycle 193 133 185 144 110 119 92 181 103 32 38 50
Working Capital Days -7 -13 -12 -15 2 -1 -9 24 39 -30 -33 -28
ROCE % 21% 16% 14% 11% 9% 11% 2% 21% 36% -12% -4% 9%

Insights

In beta
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Installed Capacity (Spindles)
Number

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Production of Cotton Yarn
Kgs
Sales Volume - Cotton Yarn
Kgs
Power Consumption per Kg of Yarn Produced
Units/Kg
Total Permanent Employees
Number

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
74.23% 74.23% 74.23% 74.23% 74.23% 74.23% 74.23% 74.23% 74.23% 74.23% 74.23% 74.23%
0.33% 0.33% 0.33% 0.33% 0.33% 0.33% 0.33% 0.33% 0.33% 0.00% 0.00% 0.00%
25.44% 25.43% 25.44% 25.43% 25.44% 25.44% 25.44% 25.44% 25.44% 25.77% 25.77% 25.77%
No. of Shareholders 2,9822,9492,9152,7892,6772,6262,8852,8262,8022,7662,6922,659

* 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

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