Billwin Industries Ltd

Billwin Industries Ltd

₹ 42.5 1.21%
14 Jun - close price
About

Incorporated in 2014, Billwin Industries Ltd manufactures protective gears using coated fabric[1]

Key Points

Business Overview:[1][2]
Company is in the business of manufacturing and trading of protective gears viz. rain wears, life jackets and inflatable boats which are used in seas and other water bodies for safety. Raw material used to manufacture these protective gears is called Coated Fabric. Company was acquired in FY20 through a Business Transfer Agreement. In FY22, company entered in the business of crockery and home décor items under the brand name Red Butler, on a trial basis

  • Market Cap 18.1 Cr.
  • Current Price 42.5
  • High / Low 70.1 / 29.7
  • Stock P/E 22.9
  • Book Value 15.1
  • Dividend Yield 0.00 %
  • ROCE 13.8 %
  • ROE 13.9 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 2.82 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 11.0% over last 3 years.
  • Company has high debtors of 411 days.
  • Promoter holding has decreased over last 3 years: -14.1%

* 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

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024
0.00 1.16 -1.79 4.63 2.81 1.58 1.68 3.14 3.31 1.60
0.03 0.91 -1.99 4.42 2.50 1.26 1.02 2.40 2.39 1.15
Operating Profit -0.03 0.25 0.20 0.21 0.31 0.32 0.66 0.74 0.92 0.45
OPM % 21.55% 4.54% 11.03% 20.25% 39.29% 23.57% 27.79% 28.12%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05
Interest 0.00 0.03 0.03 0.30 0.15 0.18 0.19 0.20 0.16 0.20
Depreciation 0.00 0.00 0.01 0.00 0.01 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.03 0.22 0.16 -0.09 0.15 0.14 0.47 0.54 0.76 0.30
Tax % 0.00% 22.73% 25.00% 22.22% 26.67% 28.57% 25.53% 27.78% 25.00% 23.33%
-0.03 0.17 0.12 -0.07 0.12 0.10 0.35 0.40 0.56 0.22
EPS in Rs -3.00 0.59 0.28 -0.16 0.28 0.23 0.81 0.93 1.30 0.51
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 0.04 0.61 1.16 2.85 4.39 4.82 4.91
0.00 0.04 0.47 0.94 2.43 3.74 3.42 3.55
Operating Profit 0.00 0.00 0.14 0.22 0.42 0.65 1.40 1.36
OPM % 0.00% 22.95% 18.97% 14.74% 14.81% 29.05% 27.70%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05
Interest 0.00 0.00 0.00 0.03 0.33 0.34 0.39 0.36
Depreciation 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.00
Profit before tax 0.00 0.00 0.14 0.19 0.08 0.30 1.00 1.05
Tax % 28.57% 26.32% 25.00% 26.67% 26.00% 24.76%
0.00 0.00 0.10 0.14 0.06 0.22 0.74 0.79
EPS in Rs 10.00 0.48 0.14 0.51 1.72 1.84
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 52%
3 Years: 20%
TTM: 2%
Compounded Profit Growth
10 Years: %
5 Years: 51%
3 Years: 136%
TTM: 7%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 47%
1 Year: 51%
Return on Equity
10 Years: %
5 Years: 9%
3 Years: 11%
Last Year: 14%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0.01 0.01 0.06 1.46 2.13 2.13 2.13 2.13
Reserves 0.00 0.00 0.13 1.43 2.61 2.83 3.57 4.36
0.00 0.01 0.01 3.97 4.37 4.23 4.53 4.40
0.00 0.03 0.14 1.12 1.37 1.11 1.72 2.10
Total Liabilities 0.01 0.05 0.34 7.98 10.48 10.30 11.95 12.99
0.00 0.00 0.00 0.05 0.04 0.03 0.02 0.02
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.11 0.11 0.13 0.15 0.04
0.01 0.05 0.34 7.82 10.33 10.14 11.78 12.93
Total Assets 0.01 0.05 0.34 7.98 10.48 10.30 11.95 12.99

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 0.00 0.11 -4.11 -1.60 1.25 -0.11 0.63
0.00 0.00 -0.02 -0.16 -0.25 -0.06 -0.03 0.09
0.00 0.00 -0.09 4.27 1.85 -1.20 0.17 -0.70
Net Cash Flow 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.01

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 185.49 1,982.33 681.33 338.39 418.77
Inventory Days 0.00 655.94 878.28 576.25 656.74
Days Payable 502.54 189.34 78.63 107.28
Cash Conversion Cycle 0.00 185.49 2,135.73 1,370.27 836.01 968.23
Working Capital Days -273.75 107.70 2,073.58 1,112.93 725.01 736.06
ROCE % 0.00% 6.23% 5.13% 6.99% 14.32%

Shareholding Pattern

Numbers in percentages

15 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
68.88% 68.88% 68.88% 68.88% 68.88% 68.89% 54.81% 54.81% 54.81% 54.81% 54.81% 54.81%
31.12% 31.12% 31.12% 31.12% 31.12% 31.12% 45.20% 45.20% 45.20% 45.19% 45.19% 45.19%
No. of Shareholders 798180798687114113118121122136

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