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 ₹ 222 Cr.
- Current Price ₹ 24.8
- High / Low ₹ 30.8 / 12.3
- Stock P/E 58.8
- Book Value ₹ 11.5
- Dividend Yield 0.24 %
- ROCE 8.84 %
- ROE 3.74 %
- Face Value ₹ 2.00
Pros
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 2.17% over last 3 years.
- Company has high debtors of 171 days.
* 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 | Mar 2024 | |
---|---|---|---|---|---|---|---|
528 | 531 | 382 | 214 | 313 | 309 | 311 | |
492 | 494 | 350 | 195 | 283 | 287 | 283 | |
Operating Profit | 36 | 37 | 32 | 20 | 30 | 22 | 28 |
OPM % | 7% | 7% | 8% | 9% | 9% | 7% | 9% |
1 | 1 | 0 | 14 | 0 | 6 | 1 | |
Interest | 17 | 18 | 18 | 18 | 14 | 14 | 15 |
Depreciation | 15 | 15 | 13 | 11 | 10 | 9 | 8 |
Profit before tax | 5 | 5 | 1 | 5 | 6 | 5 | 6 |
Tax % | 49% | 24% | 77% | 30% | 45% | 27% | 35% |
3 | 4 | 0 | 3 | 3 | 4 | 4 | |
EPS in Rs | 0.03 | 0.39 | 0.36 | 0.42 | 0.45 | ||
Dividend Payout % | 0% | 15% | 179% | 13% | 17% | 14% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -10% |
3 Years: | 13% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | 35% |
TTM: | 689% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 14% |
1 Year: | 90% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | 2% |
Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 18 | 18 | 18 | 18 | 18 |
Reserves | 76 | 79 | 72 | 74 | 77 | 81 | 85 |
207 | 180 | 153 | 152 | 146 | 131 | 133 | |
19 | 43 | 49 | 33 | 37 | 56 | 84 | |
Total Liabilities | 312 | 314 | 292 | 277 | 278 | 286 | 319 |
129 | 120 | 111 | 98 | 91 | 84 | 75 | |
CWIP | 2 | 1 | 4 | 4 | 2 | 0 | 1 |
Investments | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
181 | 192 | 176 | 174 | 185 | 201 | 243 | |
Total Assets | 312 | 314 | 292 | 277 | 278 | 286 | 319 |
Cash Flows
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
11 | 34 | 31 | -9 | 11 | 12 | 10 | |
-10 | -6 | -5 | 17 | -1 | 7 | 1 | |
-2 | -28 | -25 | -7 | -9 | -20 | -11 | |
Net Cash Flow | -1 | 0 | 1 | 0 | 0 | -1 | 0 |
Ratios
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 72 | 77 | 99 | 164 | 111 | 140 | 171 |
Inventory Days | 47 | 48 | 71 | 150 | 118 | 108 | 124 |
Days Payable | 10 | 32 | 55 | 58 | 45 | 79 | 109 |
Cash Conversion Cycle | 108 | 92 | 114 | 256 | 184 | 170 | 185 |
Working Capital Days | 95 | 85 | 107 | 204 | 145 | 143 | 175 |
ROCE % | 8% | 8% | 4% | 8% | 6% | 9% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Credit Rating 1d
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Jul - Certificate for the quarter ended 30th June, 2024
- Closure of Trading Window 26 Jun
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual Secretarial Compliance Report for the year ended 31st March, 2024
- Announcement under Regulation 30 (LODR)-Newspaper Publication 28 May
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