Angel Fibers Ltd
Incorporated in 2014, Angel Fibers Ltd is in the business of manufacturing and spinning of varied Cotton Yarn[1]
- Market Cap ₹ 55.0 Cr.
- Current Price ₹ 22.0
- High / Low ₹ 32.0 / 18.2
- Stock P/E 18.2
- Book Value ₹ 10.6
- Dividend Yield 0.00 %
- ROCE -1.23 %
- ROE -17.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 8.04% over past five years.
- Company might be capitalizing the interest cost
- Promoters have pledged 28.7% of their holding.
* 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 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
48 | 80 | 82 | 133 | 142 | 136 | 248 | 121 | 158 | |
41 | 68 | 71 | 120 | 141 | 117 | 227 | 116 | 147 | |
Operating Profit | 7 | 12 | 11 | 12 | 1 | 19 | 21 | 5 | 12 |
OPM % | 14% | 15% | 13% | 9% | 1% | 14% | 8% | 4% | 7% |
3 | 2 | 4 | 4 | 3 | 4 | 6 | 3 | 4 | |
Interest | 4 | 2 | 2 | 4 | 6 | 6 | 5 | 3 | 4 |
Depreciation | 8 | 10 | 8 | 12 | 14 | 12 | 10 | 9 | 8 |
Profit before tax | -2 | 2 | 5 | 1 | -15 | 5 | 11 | -5 | 3 |
Tax % | -128% | 60% | 5% | 61% | 4% | -41% | 18% | -9% | |
-6 | 1 | 4 | 1 | -15 | 7 | 9 | -5 | 3 | |
EPS in Rs | -2.26 | 0.24 | 1.74 | 0.22 | -5.86 | 2.77 | 3.75 | -2.02 | 1.22 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | -5% |
TTM: | -18% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 18% |
TTM: | 175% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 33% |
1 Year: | -23% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -2% |
3 Years: | 15% |
Last Year: | -17% |
Balance Sheet
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
Reserves | -6 | -0 | 4 | 4 | -10 | -3 | 6 | 1 | 2 |
55 | 49 | 46 | 98 | 81 | 72 | 68 | 55 | 51 | |
7 | 13 | 20 | 26 | 27 | 8 | 6 | 11 | 11 | |
Total Liabilities | 81 | 87 | 95 | 154 | 122 | 102 | 105 | 93 | 89 |
57 | 50 | 42 | 89 | 76 | 65 | 59 | 51 | 48 | |
CWIP | 0 | 0 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 1 |
24 | 37 | 49 | 64 | 47 | 36 | 47 | 41 | 40 | |
Total Assets | 81 | 87 | 95 | 154 | 122 | 102 | 105 | 93 | 89 |
Cash Flows
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
10 | 4 | 8 | 24 | 18 | 14 | 18 | ||
-3 | 1 | -56 | -1 | -3 | -5 | -2 | ||
-8 | -4 | 48 | -23 | -15 | -9 | -16 | ||
Net Cash Flow | -1 | -0 | -0 | -0 | 0 | 0 | 0 |
Ratios
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 10 | 19 | 27 | 17 | 29 | 25 | 16 | 34 |
Inventory Days | 169 | 134 | 173 | 130 | 54 | 52 | 45 | 73 |
Days Payable | 35 | 59 | 62 | 75 | 70 | 17 | 6 | 38 |
Cash Conversion Cycle | 145 | 94 | 139 | 73 | 13 | 60 | 55 | 69 |
Working Capital Days | 95 | 85 | 102 | 78 | 24 | 72 | 55 | 79 |
ROCE % | 5% | 9% | 5% | -9% | 12% | 17% | -1% |
Documents
Announcements
- FILLING OF YEARLY CERTIFICATE UNDER REGULATION 40(9) &(10) OF SEBI (LODR) REGULATIONS,2015 FOR THE HALF YEAR ENDED ON MARCH 31,2024 2d
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 12 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Details of securities dematerialized/rematerialized during the quarter ended on March, 2024 under Regulation 74(5) of SEBI(DP) Regulation, 2018
- Closure of Trading Window 30 Mar
-
Announcement under Regulation 30 (LODR)-Meeting Updates
15 Mar - Company appointed M/s SCS and Co. LLP in Board Meeting held on 15th March, 2024 at 6:00 P.M.
Business Overview:[1]
Company is a manufacturer and supplier of premium quality ultra-fine knitting yarn made from 100% Cotton, ring, spun, grey, single yarn in – Counts NE 20s to NE 50s – Combed and Carded (Compact) – For Knitting and Weaving