Shine Fashions (India) Ltd
Incorporated in 2019, Shine Fashions Ltd is in the business of import and trading of various types of fabrics and textile raw materials[1]
- Market Cap ₹ 50.4 Cr.
- Current Price ₹ 180
- High / Low ₹ 246 / 43.0
- Stock P/E 21.4
- Book Value ₹ 27.9
- Dividend Yield 0.00 %
- ROCE 19.0 %
- ROE 15.1 %
- Face Value ₹ 5.00
Pros
- Company's working capital requirements have reduced from 201 days to 140 days
Cons
- Stock is trading at 6.46 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 179 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.
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|
6.88 | 12.75 | 21.07 | 32.59 | |
6.64 | 12.24 | 19.80 | 29.26 | |
Operating Profit | 0.24 | 0.51 | 1.27 | 3.33 |
OPM % | 3.49% | 4.00% | 6.03% | 10.22% |
0.05 | 0.12 | 0.13 | 0.04 | |
Interest | 0.02 | 0.07 | 0.07 | 0.06 |
Depreciation | 0.01 | 0.01 | 0.02 | 0.02 |
Profit before tax | 0.26 | 0.55 | 1.31 | 3.29 |
Tax % | 11.54% | 25.45% | 25.19% | |
0.23 | 0.41 | 0.97 | 2.46 | |
EPS in Rs | 0.82 | 1.43 | 3.15 | 8.43 |
Dividend Payout % | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 109% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 7767% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 70% |
1 Year: | 340% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|
Equity Capital | 1.40 | 1.40 | 1.40 | 1.40 |
Reserves | 3.60 | 4.00 | 4.88 | 6.40 |
0.71 | 0.71 | 2.03 | 1.57 | |
0.41 | 1.29 | 4.16 | 9.15 | |
Total Liabilities | 6.12 | 7.40 | 12.47 | 18.52 |
0.04 | 0.19 | 0.18 | 0.19 | |
CWIP | -0.00 | -0.00 | -0.00 | -0.00 |
Investments | -0.00 | -0.00 | -0.00 | -0.00 |
6.08 | 7.21 | 12.29 | 18.33 | |
Total Assets | 6.12 | 7.40 | 12.47 | 18.52 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
-2.24 | 0.27 | -1.19 | |
-0.00 | -0.17 | -0.02 | |
2.24 | -0.06 | 1.24 | |
Net Cash Flow | -0.00 | 0.05 | 0.04 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
Debtor Days | 279.06 | 172.62 | 178.78 |
Inventory Days | 21.57 | 13.30 | 25.08 |
Days Payable | 15.16 | 32.29 | 73.24 |
Cash Conversion Cycle | 285.47 | 153.63 | 130.62 |
Working Capital Days | 297.62 | 166.33 | 139.97 |
ROCE % | 10.48% | 19.00% |
Documents
Announcements
-
Declaration As Regards To Not Being A 'Large Corporate'
15 Apr - With reference to the SEBI Circular (Ref. No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated 19.10.2023) we hereby confirm that the company M/s Shine Fashions (India) Limited is Not a …
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 15 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Apr - Certificate received from RTA of the company under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the year ended 31.03.2024.
- Compliance Certificate Under Regulation 7(3) Of The Provisions Of SEBI (LODR) Regulations, 2015 For The Year Ended 31.03.2024 13 Apr
- Certificate Under Regulation 40(9) Of The Provisions Of SEBI (LODR) Regulations, 2015, For The Year Ended March 31, 2024. 11 Apr
Business Overview:[1][2]
Company does importing, supplying and trading of non-interlinking fabrics, woven fusible interlinings, microdot fusible interlinings. Company took over the business of proprietorship firm AM Fabrics on 30th September, 2019