Abhishek Corporation Ltd

₹ 0.57 None%
Dec 13 4:00 p.m.
abhishekmills.com BSE: 532831
About

Abhishek Corporation is a limited company. Its a composite textile unit which produces 100% cotton yarn and dyed yarn shirting fabric.

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Website BSE
  • Market Cap ₹ 0.91 Cr.
  • Current Price ₹ 0.57
  • High / Low ₹ 0.57 / 0.49
  • Stock P/E
  • Book Value ₹ -551
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • Promoters have pledged 88.50% of their holding.

* 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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Quarterly Results

Figures in Rs. Crores

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
3.78 3.74 3.25 2.59 5.72 0.07 5.44 6.02 7.21 6.00 6.57 6.87
4.66 3.46 3.13 4.29 7.10 0.38 5.88 5.93 8.20 6.22 6.47 7.32
Operating Profit -0.88 0.28 0.12 -1.70 -1.38 -0.31 -0.44 0.09 -0.99 -0.22 0.10 -0.45
OPM % -23.28% 7.49% 3.69% -65.64% -24.13% -442.86% -8.09% 1.50% -13.73% -3.67% 1.52% -6.55%
0.17 0.10 0.00 0.00 0.12 0.00 0.00 0.01 0.09 0.00 0.05 0.03
Interest 32.37 34.00 35.74 37.16 -106.91 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 7.30 4.88 4.88 4.88 4.88 4.88 4.88 4.88 4.88 4.42 4.42 4.42
Profit before tax -40.38 -38.50 -40.50 -43.74 100.77 -5.19 -5.32 -4.78 -5.78 -4.64 -4.27 -4.84
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -40.39 -38.50 -40.50 -43.74 100.76 -5.20 -5.33 -4.78 -5.78 -4.65 -4.27 -4.84
EPS in Rs -25.23 -24.05 -25.30 -27.32 62.94 -3.25 -3.33 -2.99 -3.61 -2.90 -2.67 -3.02
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Profit & Loss

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
40 50 21 26 22 11 6 14 17 18 15 19 27
46 85 35 35 36 21 14 11 51 17 18 20 28
Operating Profit -6 -35 -14 -9 -13 -10 -7 3 -34 1 -3 -2 -2
OPM % -16% -71% -64% -35% -59% -95% -112% 22% -202% 6% -17% -9% -6%
6 0 0 0 0 1 0 0 0 0 0 0 0
Interest 22 20 52 42 53 63 75 100 113 124 0 0 0
Depreciation 14 15 16 15 15 12 12 12 29 22 20 20 18
Profit before tax -37 -70 -81 -66 -82 -85 -95 -108 -176 -145 -22 -21 -20
Tax % 13% 0% 0% 0% 0% 1% 0% 0% 0% 0% 0% 0%
Net Profit -32 -70 -81 -66 -82 -84 -95 -108 -176 -145 -22 -21 -20
EPS in Rs -20.28 -43.60 -50.63 -41.52 -51.05 -52.48 -59.27 -67.48 -110.12 -90.58 -13.73 -13.17 -12.20
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -9%
5 Years: 24%
3 Years: 3%
TTM: 54%
Compounded Profit Growth
10 Years: 5%
5 Years: 12%
3 Years: 23%
TTM: -123%
Stock Price CAGR
10 Years: -23%
5 Years: -24%
3 Years: 1%
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sep 2021
16 16 16 16 16 16 16 16 16 16 16 16 16
Reserves 61 -9 -90 -156 -238 -324 -418 -526 -702 -847 -869 -890 -898
Borrowings 273 271 275 275 285 285 284 284 279 279 279 279 29
14 38 97 154 230 320 387 488 554 679 679 684 934
Total Liabilities 363 316 297 289 292 297 269 262 147 127 106 89 80
259 244 229 214 199 185 173 162 134 112 92 73 64
CWIP 0 2 2 2 2 2 2 2 2 2 2 2 2
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
104 70 66 72 91 110 94 98 10 14 11 15 14
Total Assets 363 316 297 289 292 297 269 262 147 127 106 89 80

Cash Flows

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
-19 -9 1 -1 38 10 1 98 117 125 -2 4
-0 -2 -0 0 0 1 -0 0 -1 -0 1 0
18 10 -0 0 -38 -11 -1 -98 -118 -124 0 0
Net Cash Flow -1 -0 1 -0 0 -0 0 0 -2 1 -1 4

Ratios

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 88 70 110 96 351 1,075 551 218 38 78 84 59
Inventory Days 2,060 281 649 605 363 1,457 2,735
Days Payable 287 43 237 396 617 3,653 5,853
Cash Conversion Cycle 1,860 308 522 304 97 -1,121 -2,567 218 38 78 84 59
Working Capital Days 802 219 -571 -1,182 -2,297 -7,072 -16,670 -9,885 -11,644 -13,233 -15,947 -13,097
ROCE % -6% -16% -12% -14% -29% -110%

Shareholding Pattern

Numbers in percentages

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
57.63 57.63 57.63 57.63 57.63 57.63 57.63 57.63 57.63 57.63 57.63 57.63
42.37 42.37 42.37 42.37 42.37 42.37 42.37 42.37 42.37 42.37 42.37 42.37

Documents

Announcements

Annual reports