Titaanium Ten Enterprise Ltd

Titaanium Ten Enterprise Ltd

₹ 30.2 -14.18%
24 May - close price
About

Incorporated in 2008, Titaanium Ten Enterprise is a manufacturer and supplier of synthetic yarns and fabrics[1]

Key Points

Business Overview:[1]
Company does trading of yarn, grey cloth and knitted fabrics and also manufactures knitted fabrics. It undertakes job work of yarn and fabrics. Company has also started working on Furnishing and Home Decor Products, Handling Local Dispatches and Logistics Business

  • Market Cap 20.4 Cr.
  • Current Price 30.2
  • High / Low 52.0 / 25.3
  • Stock P/E 14.4
  • Book Value 24.7
  • Dividend Yield 0.00 %
  • ROCE 9.87 %
  • ROE 9.21 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 67.2 to 43.8 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 8.80% 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.

Peer comparison

Sector: Textiles Industry: Textiles - Products

Loading peers table ...

Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
92 82 36 120 124 129 108 125 81
90 79 33 117 122 125 104 121 77
Operating Profit 3 3 2 3 3 4 3 4 3
OPM % 3% 4% 7% 3% 2% 3% 3% 3% 4%
0 -0 -0 -0 -0 -0 0 0 -0
Interest 2 2 2 2 1 2 2 2 2
Depreciation 0 1 0 1 0 1 1 1 0
Profit before tax 1 0 0 1 1 1 1 1 1
Tax % 27% 25% 30% 26% 26% 27% 26% 19% 19%
0 0 0 1 0 1 1 1 1
EPS in Rs 0.61 0.49 0.22 1.00 0.74 1.41 0.95 1.43 0.95
Raw PDF
Upcoming result date: 29 May 2024

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
104 96 104 104 86 117 99 194 174 156 252 232 206
101 93 101 101 82 113 95 189 169 150 247 226 199
Operating Profit 3 3 3 3 4 4 4 5 5 5 5 7 7
OPM % 3% 3% 3% 3% 4% 3% 4% 3% 3% 4% 2% 3% 3%
0 0 0 0 0 0 0 0 0 0 1 0 0
Interest 2 2 2 2 3 3 3 3 3 4 3 4 4
Depreciation 0 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 1 0 1 0 0 1 1 1 1 1 2 2 2
Tax % 30% 31% 31% 34% 41% 32% 30% 27% 26% 27% 27% 22%
0 0 0 0 0 0 0 1 1 1 1 2 2
EPS in Rs 26.45 18.18 19.83 15.25 7.58 0.62 0.70 1.10 1.10 1.22 2.14 2.38 2.38
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 9%
5 Years: 19%
3 Years: 10%
TTM: -13%
Compounded Profit Growth
10 Years: 16%
5 Years: 24%
3 Years: 23%
TTM: -12%
Stock Price CAGR
10 Years: %
5 Years: 43%
3 Years: 102%
1 Year: -2%
Return on Equity
10 Years: 7%
5 Years: 8%
3 Years: 9%
Last Year: 9%

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 0 0 0 0 0 7 7 7 7 7 7 7 7
Reserves 3 3 4 4 5 3 4 5 7 6 8 9 10
20 24 26 26 31 30 35 37 41 42 41 47 39
6 10 4 21 6 6 2 14 1 11 2 2 2
Total Liabilities 30 38 34 51 42 47 48 62 56 65 57 65 58
3 4 4 4 7 7 6 6 6 5 7 6 3
CWIP 0 0 0 0 0 0 0 0 0 0 0 1 1
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
26 34 30 47 35 40 42 56 50 60 50 57 54
Total Assets 30 38 34 51 42 47 48 62 56 65 57 65 58

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
3 2 3 2 3 -0 -0 -0 5 6 -1 8
-1 -1 -0 -0 -4 -0 1 -1 -1 0 -2 -2
-1 -1 -3 -2 1 1 -0 -1 -3 -3 -3 -5
Net Cash Flow 1 1 -0 0 0 1 0 -2 1 4 -5 1

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 57 102 74 138 113 91 108 83 85 105 53 44
Inventory Days 24 10 16 10 16 16 31 21 8 18 12 67
Days Payable 22 41 14 75 27 19 9 39 1 31 1 4
Cash Conversion Cycle 59 72 76 73 102 88 131 65 91 92 64 107
Working Capital Days 59 73 74 73 96 84 123 72 93 98 67 81
ROCE % 16% 11% 9% 9% 9% 9% 8% 10% 9% 9% 9% 10%

Shareholding Pattern

Numbers in percentages

Sep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
73.01% 73.01% 73.01% 73.01% 67.06% 67.06% 67.06% 67.06% 67.06% 67.06% 67.06% 67.06%
26.99% 26.99% 26.99% 26.99% 32.94% 32.94% 32.94% 32.94% 32.93% 32.95% 32.94% 32.93%
No. of Shareholders 989590919892909290103112125

Documents