Shahlon Silk Industries Ltd
Incorporated in 2008, Shahlon Silk Industries Ltd manufactures fabric on water jet looms, air jet looms & rapier looms[1]
- Market Cap ₹ 232 Cr.
- Current Price ₹ 25.9
- High / Low ₹ 30.8 / 11.3
- Stock P/E 83.0
- Book Value ₹ 11.2
- Dividend Yield 0.23 %
- ROCE 5.62 %
- ROE -0.66 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -10.2% over past five years.
- Company has a low return on equity of -2.09% 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|
528 | 531 | 382 | 214 | 313 | 309 | 260 | |
492 | 494 | 350 | 195 | 283 | 287 | 234 | |
Operating Profit | 36 | 37 | 32 | 20 | 30 | 22 | 26 |
OPM % | 7% | 7% | 8% | 9% | 9% | 7% | 10% |
1 | 1 | 0 | 14 | 0 | 6 | 1 | |
Interest | 17 | 18 | 18 | 18 | 14 | 14 | 14 |
Depreciation | 15 | 15 | 13 | 11 | 10 | 9 | 8 |
Profit before tax | 5 | 5 | 1 | 5 | 6 | 5 | 5 |
Tax % | 49% | 24% | 77% | 30% | 45% | 27% | |
3 | 4 | 0 | 3 | 3 | 4 | 3 | |
EPS in Rs | 0.03 | 0.39 | 0.36 | 0.42 | 0.36 | ||
Dividend Payout % | 0% | 15% | 179% | 13% | 17% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -10% |
3 Years: | -7% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 675% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 21% |
1 Year: | 97% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | -2% |
Last Year: | -1% |
Balance Sheet
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 18 | 18 | 18 | 18 | 18 |
Reserves | 76 | 79 | 72 | 74 | 77 | 81 | 83 |
207 | 180 | 153 | 152 | 146 | 131 | 105 | |
19 | 43 | 49 | 33 | 37 | 56 | 57 | |
Total Liabilities | 312 | 314 | 292 | 277 | 278 | 286 | 263 |
129 | 120 | 111 | 98 | 91 | 84 | 79 | |
CWIP | 2 | 1 | 4 | 4 | 2 | 0 | 0 |
Investments | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
181 | 192 | 176 | 174 | 185 | 201 | 183 | |
Total Assets | 312 | 314 | 292 | 277 | 278 | 286 | 263 |
Cash Flows
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
11 | 34 | 31 | -9 | 11 | 12 | |
-10 | -6 | -5 | 17 | -1 | 7 | |
-2 | -28 | -25 | -7 | -9 | -20 | |
Net Cash Flow | -1 | 0 | 1 | 0 | 0 | -1 |
Ratios
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 72 | 77 | 99 | 164 | 111 | 140 |
Inventory Days | 47 | 48 | 71 | 150 | 118 | 108 |
Days Payable | 10 | 32 | 55 | 58 | 45 | 79 |
Cash Conversion Cycle | 108 | 92 | 114 | 256 | 184 | 170 |
Working Capital Days | 95 | 85 | 107 | 204 | 145 | 143 |
ROCE % | 8% | 8% | 4% | 8% | 6% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Registered Office Address
17 Apr - In Register office Address within the local limit of the city for your record
- Certificate Under Regulation 40(9) Of The SEBI (LODR) Regulations 2015 17 Apr
-
Compliance Certificate For The Year Ended - 31.03.2024
10 Apr - Compliance Certificate as required under Regulation 7(3) of SEBI(LODR) Regulation, 2015 for the year ended on 31.03.2024
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Compliance certificate as required under Regulation 74(5) of SEBI (DP) Regulations, 2018
- Closure of Trading Window 27 Mar
Business Overview:[1][2]
SSIL is a part of Shahlon Group. It is a fully integrated textile enterprise based in Surat which deals as a yarn marketing agency, texturising, twisting, sizing, yarn dyeing, weaving, finish fabrics and industrial infrastructure. It manufactures texturised, twisted, synthetic, sized yarn and grey fabric and also trades in partially oriented and fully drawn yarn. It is also del credere agent for Reliance Industries Ltd