Shanti Spintex Ltd
Incorporated in 2010, Shanti Spintex Limited manufactures and sells denim fabrics.[1]
- Market Cap ₹ 128 Cr.
- Current Price ₹ 76.1
- High / Low ₹ 96.9 / 46.2
- Stock P/E 9.87
- Book Value ₹ 51.3
- Dividend Yield 0.00 %
- ROCE 21.6 %
- ROE 23.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 63.5 to 49.3 days.
- Company's working capital requirements have reduced from 34.4 days to 24.7 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 86 | 113 | 255 | 370 | 506 | |
| 80 | 101 | 243 | 349 | 481 | |
| Operating Profit | 6 | 11 | 12 | 22 | 25 |
| OPM % | 8% | 10% | 5% | 6% | 5% |
| 4 | 0 | 0 | 0 | 1 | |
| Interest | 2 | 3 | 2 | 3 | 3 |
| Depreciation | 7 | 4 | 4 | 5 | 5 |
| Profit before tax | 2 | 5 | 6 | 14 | 18 |
| Tax % | -187% | 28% | 16% | 28% | 27% |
| 5 | 3 | 5 | 10 | 13 | |
| EPS in Rs | 6.59 | 4.76 | 6.86 | 14.27 | 7.71 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 65% |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 57% |
| TTM: | 29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 17 |
| Reserves | 28 | 39 | 49 | 70 |
| 39 | 49 | 42 | 22 | |
| 27 | 41 | 78 | 85 | |
| Total Liabilities | 102 | 136 | 176 | 194 |
| 54 | 53 | 64 | 67 | |
| CWIP | -0 | 0 | -0 | -0 |
| Investments | 2 | 2 | 2 | -0 |
| 46 | 81 | 110 | 127 | |
| Total Assets | 102 | 136 | 176 | 194 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 8 | 3 | 5 | 16 | 7 | |
| 3 | 0 | -0 | -15 | -5 | |
| -11 | 1 | -8 | 1 | -2 | |
| Net Cash Flow | -0 | 4 | -3 | 2 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 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% |
Documents
Announcements
- Statement Of Investor Complaints As Per Regulation 13(3) Of The SEBI (LODR) Regulations, 2015 For The Quarter Ended June, 30Th 2024 8 Jul
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Jul - Certificates as issued by KFin Technologies Ltd. pursuant to the compliance of Reg. 74(5) of SEBI (DP) Regulations, 2018. Kindly take note of the same.
- Announcement Under Regulations 7 And 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations'),: Intimation Of Appointment Of Internal Auditor 22 Jun
- Announcement Under Regulations 7 And 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations'),: Intimation Of Re-Appointment Of Cost Auditor 22 Jun
- Announcement Under Regulations 7 And 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations'),: Intimation Of Re-Appointment Of Secretarial Auditor 22 Jun
Annual reports
No data available.
Concalls
-
May 2024TranscriptNotesPPT
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