Ambika Cotton Mills Ltd
Incorporated in 1988, Ambika Cotton Mills Ltd manufactures and sells speciality cotton yarn[1]
- Market Cap ₹ 925 Cr.
- Current Price ₹ 1,616
- High / Low ₹ 2,198 / 1,386
- Stock P/E 14.5
- Book Value ₹ 1,500
- Dividend Yield 2.17 %
- ROCE 11.2 %
- ROE 6.90 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.08 times its book value
- Company has been maintaining a healthy dividend payout of 20.3%
Cons
- The company has delivered a poor sales growth of 4.65% over past five years.
- Working capital days have increased from 155 days to 223 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
398 | 477 | 495 | 492 | 528 | 584 | 656 | 623 | 633 | 921 | 848 | 823 | 811 | |
311 | 373 | 395 | 399 | 423 | 471 | 531 | 517 | 507 | 650 | 672 | 713 | 693 | |
Operating Profit | 87 | 104 | 100 | 93 | 105 | 113 | 125 | 106 | 126 | 271 | 176 | 111 | 118 |
OPM % | 22% | 22% | 20% | 19% | 20% | 19% | 19% | 17% | 20% | 29% | 21% | 13% | 15% |
0 | 0 | 1 | 2 | 1 | 1 | 1 | 1 | 0 | 5 | 14 | 23 | 18 | |
Interest | 19 | 13 | 7 | 6 | 4 | 6 | 10 | 10 | 7 | 2 | 7 | 20 | 21 |
Depreciation | 27 | 32 | 29 | 30 | 29 | 29 | 29 | 28 | 29 | 29 | 30 | 28 | 27 |
Profit before tax | 41 | 60 | 64 | 59 | 72 | 80 | 87 | 69 | 90 | 244 | 152 | 85 | 88 |
Tax % | 24% | 19% | 20% | 25% | 23% | 23% | 27% | 24% | 25% | 26% | 27% | 26% | |
31 | 48 | 51 | 44 | 56 | 61 | 63 | 52 | 68 | 180 | 112 | 63 | 64 | |
EPS in Rs | 52.73 | 81.94 | 87.11 | 75.68 | 97.36 | 106.67 | 110.36 | 91.28 | 118.69 | 314.22 | 195.44 | 109.99 | 111.37 |
Dividend Payout % | 18% | 15% | 16% | 20% | 0% | 33% | 27% | 16% | 30% | 11% | 18% | 32% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | 9% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | 2% |
5 Years: | -2% |
3 Years: | -5% |
TTM: | -32% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 12% |
3 Years: | -6% |
1 Year: | 8% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 14% |
3 Years: | 16% |
Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
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 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 215 | 254 | 295 | 329 | 369 | 423 | 469 | 500 | 559 | 719 | 811 | 853 |
94 | 100 | 63 | 20 | 9 | 28 | 89 | 69 | 0 | 0 | 0 | 82 | |
108 | 95 | 86 | 69 | 93 | 107 | 50 | 51 | 64 | 99 | 164 | 129 | |
Total Liabilities | 423 | 455 | 450 | 424 | 476 | 565 | 613 | 626 | 629 | 824 | 980 | 1,069 |
291 | 289 | 270 | 255 | 254 | 259 | 260 | 246 | 245 | 227 | 215 | 232 | |
CWIP | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 6 | 4 | 0 | 0 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
131 | 165 | 180 | 169 | 222 | 305 | 352 | 373 | 380 | 596 | 765 | 833 | |
Total Assets | 423 | 455 | 450 | 424 | 476 | 565 | 613 | 626 | 629 | 824 | 980 | 1,069 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
87 | 38 | 43 | 67 | 67 | 16 | 10 | 50 | 103 | 302 | -80 | -138 | |
-9 | -28 | -9 | -13 | -28 | -32 | -46 | -3 | -25 | -3 | -4 | -26 | |
-79 | -8 | -34 | -52 | -32 | 10 | 36 | -46 | -84 | -21 | -26 | 43 | |
Net Cash Flow | -1 | 1 | 0 | 2 | 6 | -5 | 1 | 1 | -5 | 277 | -110 | -121 |
Ratios
Figures in Rs. Crores
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 | 6 | 4 | 4 | 14 | 28 | 8 | 7 | 11 | 8 | 18 | 17 | 11 |
Inventory Days | 143 | 175 | 173 | 150 | 167 | 233 | 239 | 281 | 285 | 165 | 280 | 344 |
Days Payable | 77 | 43 | 27 | 23 | 49 | 59 | 6 | 9 | 21 | 43 | 87 | 55 |
Cash Conversion Cycle | 72 | 136 | 150 | 141 | 146 | 182 | 239 | 283 | 272 | 140 | 211 | 300 |
Working Capital Days | 22 | 53 | 79 | 95 | 99 | 142 | 171 | 196 | 191 | 94 | 147 | 223 |
ROCE % | 18% | 22% | 20% | 18% | 21% | 20% | 19% | 14% | 17% | 38% | 21% | 11% |
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
28 Sep - Filing of scrutinizer's report for 36th AGM.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 27 Sep
-
Closure of Trading Window
26 Sep - Closure of trading window for financial results.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Aug - Filing of Newspaper Advertisement of Notice to Members for 36th Annual General Meeting - E Voting Information - Disclosure under Regulation 30 of SEBI (LODR) …
-
Business Responsibility and Sustainability Reporting (BRSR)
27 Aug - Announcement text is not clear.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1][2]
ACML manufactures and exports premium quality Compact and Elitwist cotton yarn for hosiery and weaving. It manufactures premium quality compact yarn by optimal blending of imported and indigenous cotton, primarily used for finer shirting requirements. Company spins cotton yarn primarily in the finer count range of 60s-100s