Maris Spinners Ltd
₹ 35.5
-0.34%
24 Mar
- close price
About
Incorporated in 1981, Maris Spinners Ltd is in the business of manufacture and sale of 100% Cotton Yarns
Key Points
- Market Cap ₹ 29.0 Cr.
- Current Price ₹ 35.5
- High / Low ₹ 170 / 35.0
- Stock P/E
- Book Value ₹ 47.6
- Dividend Yield 2.81 %
- ROCE 35.6 %
- ROE 44.2 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.75 times its book value
- Debtor days have improved from 24.8 to 16.7 days.
- Company's working capital requirements have reduced from 88.2 days to 66.1 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.68% over past five 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 - Cotton/Blended
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Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
91 | 93 | 105 | 116 | 120 | 105 | 118 | 122 | 130 | 122 | 106 | 170 | 156 | |
74 | 90 | 89 | 97 | 106 | 93 | 108 | 114 | 121 | 119 | 91 | 140 | 155 | |
Operating Profit | 17 | 3 | 15 | 18 | 14 | 12 | 10 | 8 | 9 | 3 | 15 | 30 | 1 |
OPM % | 19% | 3% | 15% | 16% | 11% | 11% | 8% | 7% | 7% | 3% | 14% | 18% | 1% |
1 | 7 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 0 | |
Interest | 4 | 8 | 7 | 7 | 6 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 |
Depreciation | 5 | 7 | 7 | 7 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 5 |
Profit before tax | 9 | -6 | 4 | 8 | 5 | 4 | 3 | 1 | 2 | -3 | 9 | 23 | -8 |
Tax % | 49% | 19% | 14% | 48% | 33% | 19% | 11% | -34% | -30% | 32% | 27% | 34% | |
Net Profit | 5 | -5 | 4 | 4 | 3 | 3 | 3 | 1 | 2 | -2 | 7 | 15 | -9 |
EPS in Rs | 5.53 | -5.97 | 4.44 | 4.87 | 3.99 | 3.85 | 3.19 | 1.19 | 2.85 | -2.59 | 8.15 | 18.60 | -10.97 |
Dividend Payout % | 0% | 0% | 22% | 20% | 24% | 25% | 30% | 81% | 34% | 0% | 12% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 8% |
3 Years: | 9% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 42% |
3 Years: | 87% |
TTM: | -144% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -2% |
3 Years: | 75% |
1 Year: | -70% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 18% |
3 Years: | 24% |
Last Year: | 44% |
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 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | |
Reserves | 6 | 1 | 4 | 7 | 10 | 12 | 14 | 15 | 16 | 13 | 20 | 34 | 32 |
74 | 63 | 60 | 57 | 48 | 46 | 47 | 36 | 40 | 33 | 44 | 38 | 54 | |
15 | 8 | 14 | 21 | 15 | 17 | 23 | 30 | 26 | 18 | 16 | 38 | 27 | |
Total Liabilities | 104 | 81 | 86 | 93 | 82 | 83 | 93 | 89 | 90 | 72 | 88 | 119 | 121 |
46 | 43 | 39 | 37 | 35 | 32 | 30 | 25 | 28 | 25 | 27 | 32 | 30 | |
CWIP | 1 | 0 | 0 | 1 | 0 | 0 | 1 | 2 | 0 | 0 | 1 | 9 | 22 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
57 | 37 | 47 | 56 | 46 | 51 | 62 | 62 | 62 | 47 | 60 | 78 | 69 | |
Total Assets | 104 | 81 | 86 | 93 | 82 | 83 | 93 | 89 | 90 | 72 | 88 | 119 | 121 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-9 | 20 | 19 | 13 | 18 | 11 | 22 | 11 | -2 | 12 | 1 | 43 | |
-23 | -2 | -2 | -6 | -3 | -2 | -3 | -1 | -6 | -2 | -6 | -19 | |
33 | -19 | -16 | -9 | -15 | -8 | -9 | -4 | -6 | -6 | -0 | 6 | |
Net Cash Flow | 0 | -0 | 0 | -1 | -0 | 0 | 10 | 5 | -14 | 4 | -5 | 30 |
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 | 37 | 41 | 50 | 50 | 50 | 46 | 40 | 52 | 42 | 38 | 20 | 17 |
Inventory Days | 295 | 111 | 156 | 182 | 101 | 176 | 185 | 171 | 168 | 114 | 222 | 177 |
Days Payable | 39 | 16 | 38 | 39 | 19 | 38 | 81 | 113 | 90 | 59 | 61 | 91 |
Cash Conversion Cycle | 292 | 136 | 168 | 193 | 133 | 185 | 144 | 110 | 119 | 92 | 181 | 103 |
Working Capital Days | 156 | 105 | 86 | 89 | 74 | 109 | 98 | 87 | 91 | 71 | 128 | 66 |
ROCE % | 19% | 1% | 16% | 21% | 16% | 14% | 11% | 9% | 11% | 2% | 21% | 36% |
Documents
Announcements
- Board Meeting Intimation for Board Meeting Will Be Held To Consider Inter Alia The CSR Spending And Also Independent Directors Meeting 20 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 7 Mar
- PRIOR INTIMATION OF THE PROPOSED INTERSE TRANSFER OF SHARES AMONGST THE PROMOTERS 21 Feb
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Feb - News paper publication for the un-audited financial results for the quarter ended 31.12.2022
- Un-Audited Financial Results And Limited Review Report For The Quarter Ended 31St December 2022. 6 Feb
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2]
Company operates spinning mills which manufacture yarns for domestic market and it also deals in Wind Energy Generation for captive use. Apart from this, Maris group has interests in Tea Estates, Hotels, and Green power generation, etc.