Shanti Spintex Ltd

Shanti Spintex Ltd

₹ 69.7 20.00%
23 Apr - close price
About

Incorporated in 2010, Shanti Spintex Limited manufactures and sells denim fabrics.[1]

Key Points

Product Portfolio[1]
Denim Shanti Spintex manufactures power stretch spandex denim, knit denim, lightweight denim, rigid denim, overdyed denim, and flat-finished 3/1 denim. These fabrics are available in various shades such as Indigo Blue, IBST, Sulfur Black, Sulfur Gray, Halogen Blue, and Ecru

  • Market Cap 118 Cr.
  • Current Price 69.7
  • High / Low 96.9 / 46.2
  • Stock P/E 11.6
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 18.2 %
  • ROE 19.8 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

* 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 - Cotton/Blended

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Half Yearly Results

Figures in Rs. Crores

Sep 2023
162
151
Operating Profit 11
OPM % 7%
0
Interest 2
Depreciation 2
Profit before tax 7
Tax % 27%
5
EPS in Rs 3.69
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
86 113 255 370
80 101 243 349
Operating Profit 6 11 12 22
OPM % 8% 10% 5% 6%
4 0 0 0
Interest 2 3 2 3
Depreciation 7 4 4 5
Profit before tax 2 5 6 14
Tax % -187% 28% 16% 28%
5 3 5 10
EPS in Rs 6.59 4.76 6.86 14.27
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 62%
TTM: 45%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 29%
TTM: 108%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 14%
Last Year: 20%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2022 Mar 2023 Sep 2023
Equity Capital 7 7 7 14
Reserves 28 39 49 47
39 49 42 35
27 41 78 79
Total Liabilities 102 136 176 175
54 53 64 70
CWIP 0 0 0 0
Investments 2 2 2 0
46 81 110 104
Total Assets 102 136 176 175

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
8 3 5 16
3 0 -0 -15
-11 1 -8 1
Net Cash Flow -0 4 -3 2

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 105 74 67
Inventory Days 25 11 21
Days Payable 141 56 76
Cash Conversion Cycle -11 29 13
Working Capital Days 56 45 34
ROCE % 18%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2023Mar 2024
73.57% 73.57%
1.87% 0.94%
4.89% 2.40%
19.68% 23.09%
No. of Shareholders 776715

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents