Super Fine Knitters Ltd

Super Fine Knitters Ltd

₹ 13.3 4.96%
23 Apr - close price
About

Incorporated in 1998, Super Fine Knitters Ltd is a manufacturer and supplier of knitted fabrics[1]

Key Points

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

  • Market Cap 16.5 Cr.
  • Current Price 13.3
  • High / Low 15.1 / 8.80
  • Stock P/E 13.1
  • Book Value 18.5
  • Dividend Yield 0.00 %
  • ROCE 4.27 %
  • ROE 0.22 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.72 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

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Half Yearly Results

Figures in Rs. Crores

Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
40.92 42.51 49.40 18.53 27.37 24.82 29.86 15.52 12.34 15.52
38.21 39.65 46.57 17.38 25.45 24.56 29.72 14.51 11.04 14.31
Operating Profit 2.71 2.86 2.83 1.15 1.92 0.26 0.14 1.01 1.30 1.21
OPM % 6.62% 6.73% 5.73% 6.21% 7.01% 1.05% 0.47% 6.51% 10.53% 7.80%
0.09 0.04 0.05 0.02 0.01 0.03 1.21 0.00 0.02 0.00
Interest 1.38 1.41 1.29 0.90 2.14 1.52 0.94 0.38 0.54 0.50
Depreciation 0.81 0.78 0.84 0.76 0.78 0.73 0.64 0.43 0.45 0.46
Profit before tax 0.61 0.71 0.75 -0.49 -0.99 -1.96 -0.23 0.20 0.33 0.25
Tax % 50.82% 0.00% 181.33% 0.00% -3.03% 1.53% 126.09% -610.00% -224.24% 24.00%
0.30 0.71 -0.61 -0.48 -1.02 -1.93 0.06 1.43 1.07 0.19
EPS in Rs 0.24 0.57 -0.49 -0.39 -0.82 -1.56 0.05 1.15 0.86 0.15
Raw PDF

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: 18%
3 Years: 23%
1 Year: 7%
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%

Shareholding Pattern

Numbers in percentages

7 Recently
Mar 2019Sep 2019Mar 2020Sep 2020Dec 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
62.78% 62.78% 62.78% 62.78% 62.78% 62.78% 62.78% 64.68% 64.68% 64.68% 67.24% 67.24%
37.22% 37.22% 37.22% 37.22% 37.22% 37.22% 37.22% 35.32% 35.33% 35.32% 32.76% 32.77%
No. of Shareholders 13713112912111811912612812611310296

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