Amarjothi Spinning Mills Ltd

Amarjothi Spinning Mills Ltd

₹ 183 -0.27%
14 Jun 4:01 p.m.
About

Incorporated in 1987, Amarjothi Spinning Mills Ltd deals in the manufacturing of Yarnand generation of Wind Power[1]

Key Points

Business Overview:[1][2]
ASML produces color melange yarn for hosiery, woven and home textiles. These are embedded with a spectrum of color melange of any count, shade, quantity to cater client's requirement. Company has ISO Certifications and Organic Certification that also meets international Oeko-Tex standard of spinning and dyeing. Also, company has its own Wind Power generation plants which are mainly used for captive use

  • Market Cap 124 Cr.
  • Current Price 183
  • High / Low 208 / 148
  • Stock P/E 15.4
  • Book Value 268
  • Dividend Yield 1.20 %
  • ROCE 8.80 %
  • ROE 4.52 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.68 times its book value

Cons

  • The company has delivered a poor sales growth of -2.23% over past five years.
  • Company has a low return on equity of 7.78% over last 3 years.
  • Dividend payout has been low at 13.4% of profits over last 3 years
  • Debtor days have increased from 73.7 to 108 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.

Peer comparison

Sector: Textiles Industry: Textiles - Cotton/Blended

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
67.45 61.21 73.81 50.37 64.91 73.92 44.51 32.56 58.75 48.16 37.30 34.29 69.23
60.49 52.93 64.01 43.09 57.04 64.20 39.32 27.91 50.34 42.59 30.04 27.87 60.25
Operating Profit 6.96 8.28 9.80 7.28 7.87 9.72 5.19 4.65 8.41 5.57 7.26 6.42 8.98
OPM % 10.32% 13.53% 13.28% 14.45% 12.12% 13.15% 11.66% 14.28% 14.31% 11.57% 19.46% 18.72% 12.97%
0.70 0.36 0.43 0.68 0.16 0.21 0.97 0.46 0.59 0.22 0.31 0.33 0.24
Interest 1.54 0.97 1.13 1.09 1.85 1.59 1.44 1.39 1.44 1.77 1.52 1.65 1.87
Depreciation 3.04 3.08 2.60 1.94 1.85 2.13 2.00 2.05 2.11 2.19 2.05 2.08 1.97
Profit before tax 3.08 4.59 6.50 4.93 4.33 6.21 2.72 1.67 5.45 1.83 4.00 3.02 5.38
Tax % 17.53% 17.65% 17.69% 17.65% 17.55% 17.55% 17.65% 20.36% 20.37% 20.22% 16.75% 17.55% 16.73%
2.54 3.79 5.36 4.06 3.56 5.12 2.24 1.33 4.34 1.46 3.33 2.50 4.48
EPS in Rs 3.76 5.61 7.94 6.01 5.27 7.59 3.32 1.97 6.43 2.16 4.93 3.70 6.64
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
160 198 201 194 217 189 212 183 167 250 209 189
133 142 156 161 174 156 171 147 139 216 179 161
Operating Profit 27 56 45 33 43 34 41 36 29 34 30 29
OPM % 17% 28% 22% 17% 20% 18% 19% 20% 17% 14% 14% 15%
8 2 2 2 4 4 8 2 8 2 1 1
Interest 13 15 16 13 12 12 13 7 6 6 7 7
Depreciation 15 16 14 13 14 13 15 16 14 9 8 8
Profit before tax 6 27 18 9 21 13 20 15 16 20 16 14
Tax % 36% 25% 24% 7% 35% 8% 29% 31% 1% -4% 37% 44%
4 20 13 9 14 12 14 10 16 21 10 8
EPS in Rs 5.94 29.79 19.59 12.76 20.43 17.67 21.35 15.30 24.16 31.24 15.01 11.88
Dividend Payout % 30% 7% 10% 16% 10% 11% 9% 13% 9% 7% 15% 19%
Compounded Sales Growth
10 Years: 0%
5 Years: -2%
3 Years: 4%
TTM: -9%
Compounded Profit Growth
10 Years: -9%
5 Years: -6%
3 Years: -21%
TTM: -21%
Stock Price CAGR
10 Years: 8%
5 Years: 17%
3 Years: 7%
1 Year: -5%
Return on Equity
10 Years: 10%
5 Years: 9%
3 Years: 8%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 7 7 7 7 7 7 7 7 7 7 7 7
Reserves 41 61 73 80 93 103 116 125 140 159 168 174
91 114 95 77 69 120 77 54 67 87 58 65
28 41 34 26 34 21 28 33 25 26 26 36
Total Liabilities 167 223 208 189 203 251 228 219 237 279 258 282
101 124 119 106 84 123 108 104 120 111 136 131
CWIP 5 6 5 5 5 5 5 5 5 37 5 5
Investments 1 1 3 3 4 2 1 2 2 2 3 1
60 92 82 75 111 121 113 107 111 129 114 146
Total Assets 167 223 208 189 203 251 228 219 237 279 258 282

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
38 30 40 24 14 18 63 43 37 16 28 3
-37 -37 -4 0 7 -51 -3 -12 -43 -30 10 -3
-1 7 -35 -24 -22 33 -59 -31 7 14 -37 -1
Net Cash Flow 0 0 -0 0 -1 -0 0 -1 1 -0 1 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 44 39 34 38 46 56 51 61 81 52 61 108
Inventory Days 84 206 185 155 231 297 178 186 188 172 185 238
Days Payable 18 50 30 12 27 18 29 49 21 27 32 55
Cash Conversion Cycle 110 195 189 181 250 335 199 198 248 197 214 292
Working Capital Days 86 103 98 118 143 196 154 162 181 144 168 231
ROCE % 15% 26% 18% 13% 19% 12% 13% 11% 11% 11% 9%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
55.24% 55.24% 55.52% 57.24% 57.66% 58.08% 59.00% 59.92% 59.93% 59.93% 59.93% 60.06%
44.76% 44.76% 44.48% 42.76% 42.34% 41.93% 41.00% 40.07% 40.07% 40.07% 40.07% 39.93%
No. of Shareholders 6,8618,2537,6567,3217,3027,2497,5377,2066,9677,0166,9027,181

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