Bhilwara Technical Textiles Ltd

Bhilwara Technical Textiles Ltd

₹ 48.0 -2.58%
24 May - close price
About

Incorporated in 2007, Bhilwara Technical
Textiles Ltd is in the business of trading
of yarns[1]

Key Points

Business Overview:[1]
Company was formed pursuant to
the Scheme of Demerger of Strategic
Investment Division of M/s. RSWM Ltd.
BTTL is in the business of manufacturing
and dealing in all kinds of automotive and
home furnishing fabrics, made-ups, apparel
and other products made from cotton, nylon,
silk, polyester, acrylic, and other kinds of fiber,
etc.

  • Market Cap 280 Cr.
  • Current Price 48.0
  • High / Low 51.7 / 13.7
  • Stock P/E 212
  • Book Value 4.00
  • Dividend Yield 0.00 %
  • ROCE 7.44 %
  • ROE 5.81 %
  • Face Value 1.00

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 12.0 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 6.05% over last 3 years.
  • Earnings include an other income of Rs.1.64 Cr.
  • Working capital days have increased from 84.9 days to 225 days

* 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

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
1.82 6.83 3.42 2.92 3.98 4.30 3.33 3.59 1.31 4.00 3.15 3.11 4.12
1.92 6.43 3.40 3.00 4.07 4.33 3.15 3.20 1.50 3.76 3.17 3.21 4.20
Operating Profit -0.10 0.40 0.02 -0.08 -0.09 -0.03 0.18 0.39 -0.19 0.24 -0.02 -0.10 -0.08
OPM % -5.49% 5.86% 0.58% -2.74% -2.26% -0.70% 5.41% 10.86% -14.50% 6.00% -0.63% -3.22% -1.94%
0.45 0.51 0.00 0.36 0.23 0.39 0.49 0.37 0.43 0.42 0.35 0.37 0.50
Interest 0.00 0.00 0.00 0.00 0.02 0.00 0.01 0.00 0.00 0.00 0.00 0.01 0.00
Depreciation 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
Profit before tax 0.35 0.91 0.02 0.28 0.12 0.36 0.66 0.76 0.24 0.66 0.33 0.26 0.42
Tax % 14.29% 17.58% 50.00% 21.43% -41.67% 13.89% 43.94% 22.37% 25.00% 21.21% 18.18% 23.08% 23.81%
0.30 0.75 0.01 0.22 0.17 0.30 0.37 0.59 0.18 0.52 0.27 0.21 0.32
EPS in Rs 0.05 0.13 0.00 0.04 0.03 0.05 0.06 0.10 0.03 0.09 0.05 0.04 0.05
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1.14 1.34 0.00 0.00 0.00 0.00 0.79 1.96 6.52 19.46 12.50 14.37
1.27 1.41 0.17 0.18 0.49 0.24 1.08 2.35 6.51 18.63 12.14 14.32
Operating Profit -0.13 -0.07 -0.17 -0.18 -0.49 -0.24 -0.29 -0.39 0.01 0.83 0.36 0.05
OPM % -11.40% -5.22% -36.71% -19.90% 0.15% 4.27% 2.88% 0.35%
1.70 1.99 2.01 0.75 2.01 0.68 0.72 0.75 1.32 0.91 1.68 1.64
Interest 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.02 0.01
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 1.57 1.91 1.84 0.57 1.52 0.44 0.43 0.36 1.33 1.71 2.02 1.68
Tax % 4.46% 9.95% 10.33% 33.33% 3.95% 29.55% 16.28% 13.89% 17.29% 14.04% 28.71% 21.43%
1.51 1.72 1.65 0.38 1.46 0.31 0.35 0.31 1.10 1.48 1.45 1.32
EPS in Rs 0.26 0.29 0.28 0.07 0.25 0.05 0.06 0.05 0.19 0.25 0.25 0.23
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: 27%
5 Years: 79%
3 Years: 30%
TTM: 15%
Compounded Profit Growth
10 Years: -2%
5 Years: 38%
3 Years: 12%
TTM: 28%
Stock Price CAGR
10 Years: 20%
5 Years: 46%
3 Years: 81%
1 Year: 231%
Return on Equity
10 Years: 5%
5 Years: 5%
3 Years: 6%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 5.84 5.84 5.84 5.84 5.84 5.84 5.84 5.84 5.84 5.84 5.84 5.84
Reserves 6.00 7.72 9.37 9.75 11.21 11.52 11.88 12.18 13.28 14.78 16.22 17.53
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08 0.00 0.00
0.05 0.16 0.03 0.07 0.02 0.03 1.48 0.13 0.39 0.86 1.83 1.22
Total Liabilities 11.89 13.72 15.24 15.66 17.07 17.39 19.20 18.15 19.51 21.56 23.89 24.59
0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.00 0.00 0.01 0.00 0.00
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
Investments 6.60 6.60 6.60 6.60 6.60 7.70 9.57 17.29 17.42 18.06 21.80 22.62
5.29 7.12 8.64 9.06 10.47 9.64 9.63 0.86 2.09 3.49 2.09 1.97
Total Assets 11.89 13.72 15.24 15.66 17.07 17.39 19.20 18.15 19.51 21.56 23.89 24.59

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.17 -0.09 -0.39 -0.31 -0.65 -0.33 -0.69 0.06 0.01 -0.52 3.85 -0.47
-0.33 -0.22 0.36 0.30 2.00 0.31 0.70 0.08 -0.13 0.47 -3.28 0.26
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 -0.09 -0.01
Net Cash Flow -0.50 -0.31 -0.03 -0.01 1.34 -0.01 0.01 0.14 -0.12 0.00 0.47 -0.22

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 0.00 365.00 0.00 3.92 17.44 4.09 15.75
Inventory Days 0.00 0.00 392.72 0.00 66.88 46.77 33.11 14.95
Days Payable 586.77 0.96 1.43 29.22 24.33
Cash Conversion Cycle 0.00 0.00 170.95 0.00 69.85 62.78 7.98 6.36
Working Capital Days 70.44 43.58 254.11 48.42 34.71 41.45 -11.97 225.30
ROCE % 14.16% 14.33% 12.79% 3.70% 9.31% 2.56% 1.77% -0.17% 6.19% 8.94% 7.06%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
65.23% 65.23% 65.23% 65.23% 65.23% 65.22% 65.22% 69.87% 70.50% 71.26% 71.26% 71.26%
0.44% 0.17% 0.17% 0.17% 0.16% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14%
34.33% 34.61% 34.61% 34.61% 34.61% 34.63% 34.62% 29.98% 29.35% 28.58% 28.58% 28.58%
No. of Shareholders 9,49710,17611,57612,62613,06412,86712,98712,83612,55812,19311,51211,347

* 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