Super Fine Knitters Ltd
Incorporated in 1998, Super Fine Knitters Ltd is a manufacturer and supplier of knitted fabrics[1]
- Market Cap ₹ 15.0 Cr.
- Current Price ₹ 12.1
- High / Low ₹ 15.1 / 8.80
- Stock P/E 11.9
- Book Value ₹ 18.5
- Dividend Yield 0.00 %
- ROCE 4.27 %
- ROE 0.22 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.65 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -20.9% over past five years.
- Company has a low return on equity of -5.99% 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
Half Yearly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
67.82 | 66.07 | 68.22 | 74.83 | 84.67 | 85.75 | 90.10 | 91.70 | 91.39 | 45.71 | 54.61 | 27.84 | 27.86 | |
64.77 | 63.13 | 66.02 | 71.79 | 80.27 | 81.11 | 85.57 | 86.18 | 85.70 | 42.64 | 54.21 | 25.48 | 25.35 | |
Operating Profit | 3.05 | 2.94 | 2.20 | 3.04 | 4.40 | 4.64 | 4.53 | 5.52 | 5.69 | 3.07 | 0.40 | 2.36 | 2.51 |
OPM % | 4.50% | 4.45% | 3.22% | 4.06% | 5.20% | 5.41% | 5.03% | 6.02% | 6.23% | 6.72% | 0.73% | 8.48% | 9.01% |
1.70 | 1.83 | 2.93 | 1.44 | 0.24 | 0.19 | 0.31 | 0.10 | 0.29 | 0.03 | 1.25 | -0.02 | 0.02 | |
Interest | 2.72 | 2.57 | 3.10 | 2.45 | 2.48 | 2.49 | 2.08 | 2.60 | 2.70 | 3.04 | 2.47 | 0.92 | 1.04 |
Depreciation | 1.33 | 1.42 | 1.32 | 1.19 | 1.06 | 1.07 | 1.35 | 1.58 | 1.62 | 1.53 | 1.37 | 0.88 | 0.91 |
Profit before tax | 0.70 | 0.78 | 0.71 | 0.84 | 1.10 | 1.27 | 1.41 | 1.44 | 1.66 | -1.47 | -2.19 | 0.54 | 0.58 |
Tax % | 38.57% | 30.77% | 67.61% | 36.90% | 43.64% | 37.01% | 53.90% | 24.31% | 12.05% | 2.04% | 14.61% | 90.74% | |
0.43 | 0.54 | 0.23 | 0.53 | 0.63 | 0.80 | 0.64 | 1.09 | 1.47 | -1.44 | -1.87 | 0.05 | 1.26 | |
EPS in Rs | 0.64 | 0.72 | 0.29 | 0.66 | 0.70 | 0.65 | 0.52 | 0.88 | 1.19 | -1.16 | -1.51 | 0.04 | 1.01 |
Dividend Payout % | 17.29% | 1.40% | 3.50% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -8% |
5 Years: | -21% |
3 Years: | -33% |
TTM: | -39% |
Compounded Profit Growth | |
---|---|
10 Years: | -18% |
5 Years: | -39% |
3 Years: | -66% |
TTM: | -15% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 19% |
1 Year: | -2% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | -2% |
3 Years: | -6% |
Last Year: | 0% |
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 | 6.76 | 7.54 | 8.04 | 8.04 | 8.99 | 12.39 | 12.39 | 12.39 | 12.39 | 12.39 | 12.39 | 12.39 | 12.39 |
Reserves | 7.70 | 8.05 | 8.03 | 8.84 | 9.40 | 10.88 | 11.52 | 12.62 | 13.66 | 12.22 | 10.35 | 10.40 | 10.59 |
Preference Capital | 0.96 | 0.96 | 0.96 | 0.96 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
16.06 | 19.03 | 18.10 | 18.01 | 21.19 | 24.27 | 27.99 | 30.45 | 32.83 | 40.20 | 12.68 | 12.09 | 12.88 | |
16.66 | 10.85 | 14.90 | 12.32 | 15.12 | 16.42 | 12.94 | 16.16 | 14.05 | 7.29 | 8.56 | 6.07 | 5.16 | |
Total Liabilities | 47.18 | 45.47 | 49.07 | 47.21 | 54.70 | 63.96 | 64.84 | 71.62 | 72.93 | 72.10 | 43.98 | 40.95 | 41.02 |
14.40 | 14.29 | 13.57 | 13.02 | 13.01 | 15.22 | 19.69 | 21.24 | 20.44 | 19.21 | 10.89 | 10.52 | 11.19 | |
CWIP | -0.00 | -0.00 | -0.00 | -0.00 | 0.23 | 0.49 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Investments | -0.00 | -0.00 | -0.00 | -0.00 | 0.05 | 0.31 | 0.05 | 0.59 | 0.09 | 0.02 | -0.00 | -0.00 | -0.00 |
32.78 | 31.18 | 35.50 | 34.19 | 41.41 | 47.94 | 45.10 | 49.79 | 52.40 | 52.87 | 33.09 | 30.43 | 29.83 | |
Total Assets | 47.18 | 45.47 | 49.07 | 47.21 | 54.70 | 63.96 | 64.84 | 71.62 | 72.93 | 72.10 | 43.98 | 40.95 | 41.02 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-2.35 | -1.22 | 5.33 | 1.56 | 1.70 | -3.13 | 3.51 | 3.51 | 1.22 | -2.25 | 17.65 | 2.03 | |
-1.33 | -0.80 | -0.37 | -0.79 | -1.25 | -3.71 | -5.02 | -3.15 | -0.47 | -0.22 | 8.03 | -0.55 | |
5.15 | 0.68 | -3.18 | -2.31 | 0.77 | 5.11 | 0.86 | -0.42 | -0.56 | 2.06 | -25.74 | -1.48 | |
Net Cash Flow | 1.47 | -1.35 | 1.78 | -1.54 | 1.22 | -1.74 | -0.65 | -0.06 | 0.19 | -0.40 | -0.06 | 0.01 |
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 | 74.27 | 84.25 | 93.26 | 58.19 | 71.26 | 100.80 | 81.26 | 77.46 | 67.82 | 104.92 | 40.90 | 89.55 |
Inventory Days | 131.57 | 115.56 | 108.03 | 155.14 | 154.42 | 152.04 | 140.48 | 168.06 | 224.54 | 445.29 | 213.10 | 481.01 |
Days Payable | 98.11 | 66.79 | 68.29 | 55.81 | 88.08 | 80.20 | 31.29 | 45.56 | 48.87 | 58.24 | 28.97 | 37.83 |
Cash Conversion Cycle | 107.74 | 133.02 | 132.99 | 157.52 | 137.60 | 172.63 | 190.45 | 199.96 | 243.49 | 491.97 | 225.04 | 532.73 |
Working Capital Days | 81.70 | 114.91 | 105.03 | 104.87 | 102.81 | 133.19 | 129.80 | 131.87 | 149.61 | 341.36 | 171.77 | 340.88 |
ROCE % | 12.45% | 9.51% | 10.78% | 9.27% | 9.49% | 8.63% | 6.82% | 7.58% | 7.26% | 2.54% | -1.52% | 4.27% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Apr - Copy of certificate received from RTA pursuant to Reg. 74(5) of SEBI (DP) Regulations, 2018
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
4 Apr - The resignation of Company Secretary was considered and approved by the Board in their meeting held on 15th January, 2024 and the same was submitted …
- Closure of Trading Window 30 Mar
-
Appointment of Company Secretary and Compliance Officer
5 Mar - Section 203 of the Companies Act, 2013 and rules made thereunder and Regulation 6 and 30 read with Schedule III of the SEBI (LODR) Regulations, …
-
Announcement under Regulation 30 (LODR)-Resignation of Director
5 Feb - We have submitted the Resignation of independent directors along with Resignation letter containing all required details. Further, this is also submitted that the Independent Directors …
Business Overview:[1]
Company is engaged in the business of manufacturing knitted apparels/ fabrics for itself and for national and international brands and is also a supplier of knitted fabrics for companies in India that are involved in manufacturing and exporting knitted apparels