Arrow Textiles Ltd(Merged)

Arrow Textiles Ltd(Merged)

₹ 9.00 -1.10%
05 Feb 2020
About

Arrow Textiles is engaged in manufacturing of textile woven labels, fabric printed labels and elastic / woven tape.

  • Market Cap 16.8 Cr.
  • Current Price 9.00
  • High / Low /
  • Stock P/E 120
  • Book Value 17.1
  • Dividend Yield 0.00 %
  • ROCE 3.34 %
  • ROE 2.72 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.53 times its book value

Cons

  • The company has delivered a poor sales growth of 0.28% over past five years.
  • Company has a low return on equity of 5.40% over last 3 years.
  • Company's cost of borrowing seems high

* 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 - Products

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Quarterly Results

Figures in Rs. Crores

Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019
11.68 11.55 12.04 10.11 8.39 10.17 10.98 11.43 9.48 11.20 10.31 12.49 11.05
9.10 9.56 9.27 8.87 7.90 8.59 8.10 9.54 8.86 9.97 9.18 11.55 11.01
Operating Profit 2.58 1.99 2.77 1.24 0.49 1.58 2.88 1.89 0.62 1.23 1.13 0.94 0.04
OPM % 22.09% 17.23% 23.01% 12.27% 5.84% 15.54% 26.23% 16.54% 6.54% 10.98% 10.96% 7.53% 0.36%
0.20 0.14 0.93 0.41 0.35 0.20 0.26 0.19 0.23 0.06 0.16 0.16 0.42
Interest 0.15 0.23 0.13 0.11 0.11 0.09 0.11 0.08 0.09 0.06 0.06 0.05 0.05
Depreciation 1.01 1.01 0.95 1.11 1.11 1.11 1.13 1.09 0.96 0.92 0.89 0.90 0.88
Profit before tax 1.62 0.89 2.62 0.43 -0.38 0.58 1.90 0.91 -0.20 0.31 0.34 0.15 -0.47
Tax % 29.01% 33.71% 33.59% 37.21% 23.68% 24.14% 37.37% 29.67% 5.00% 29.03% -5.88% 26.67% -14.89%
1.15 0.59 1.74 0.27 -0.28 0.43 1.19 0.65 -0.19 0.22 0.36 0.11 -0.55
EPS in Rs 0.61 0.31 0.92 0.14 -0.15 0.23 0.63 0.34 -0.10 0.12 0.19 0.06 -0.29
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
0.00 18.70 23.37 29.30 31.87 36.83 41.83 47.81 49.02 47.33 39.65 42.42 45.05
0.00 16.37 20.36 21.79 25.79 28.52 32.60 35.69 36.93 38.35 33.47 37.56 41.71
Operating Profit 0.00 2.33 3.01 7.51 6.08 8.31 9.23 12.12 12.09 8.98 6.18 4.86 3.34
OPM % 12.46% 12.88% 25.63% 19.08% 22.56% 22.07% 25.35% 24.66% 18.97% 15.59% 11.46% 7.41%
0.00 0.65 0.18 0.35 1.41 0.46 0.81 0.02 1.43 1.41 1.22 0.64 0.80
Interest 0.00 1.68 1.66 1.76 2.88 2.85 1.60 1.31 1.24 0.69 0.41 0.28 0.22
Depreciation 0.00 1.33 1.42 3.31 4.32 4.46 3.17 3.90 4.20 3.95 4.46 3.86 3.59
Profit before tax 0.00 -0.03 0.11 2.79 0.29 1.46 5.27 6.93 8.08 5.75 2.53 1.36 0.33
Tax % -1,766.67% 500.00% 50.90% 193.10% -104.11% 32.07% 31.75% 34.28% 32.70% 36.76% 24.26%
0.00 -0.56 -0.44 1.37 -0.27 2.98 3.57 4.73 5.31 3.88 1.61 1.04 0.14
EPS in Rs 0.72 -0.14 1.57 1.88 2.49 2.79 2.04 0.85 0.55 0.08
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 35.86% 73.61% 177.39% 0.00%
Compounded Sales Growth
10 Years: 9%
5 Years: 0%
3 Years: -5%
TTM: 7%
Compounded Profit Growth
10 Years: 29%
5 Years: -24%
3 Years: -44%
TTM: -93%
Stock Price CAGR
10 Years: 1%
5 Years: -6%
3 Years: %
1 Year: %
Return on Equity
10 Years: 9%
5 Years: 9%
3 Years: 5%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity Capital 0.05 13.60 13.60 13.60 19.04 19.04 19.04 19.04 19.04 19.04 19.04 19.04
Reserves 0.00 -0.56 -1.00 0.37 0.11 3.09 6.66 11.23 14.27 18.12 16.34 13.89
0.00 12.60 7.18 20.40 18.51 17.49 8.54 12.90 5.65 4.22 3.01 1.81
0.03 3.62 10.30 7.41 5.52 4.30 4.80 5.14 7.71 6.22 5.66 6.40
Total Liabilities 0.08 29.26 30.08 41.78 43.18 43.92 39.04 48.31 46.67 47.60 44.05 41.14
0.00 19.34 17.84 27.44 24.86 22.53 20.42 24.38 21.02 18.24 16.17 13.42
CWIP 0.00 0.00 0.96 0.06 0.35 0.00 0.10 0.00 0.00 0.00 0.35 0.00
Investments 0.00 0.00 0.00 0.00 1.39 1.49 0.00 4.00 6.05 10.12 6.62 6.47
0.08 9.92 11.28 14.28 16.58 19.90 18.52 19.93 19.60 19.24 20.91 21.25
Total Assets 0.08 29.26 30.08 41.78 43.18 43.92 39.04 48.31 46.67 47.60 44.05 41.14

Cash Flows

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
0.03 2.83 2.91 4.55 4.38 5.40 9.91 10.72 7.97 9.03 3.35 5.80
-0.03 -1.46 -1.18 -12.91 -2.29 -1.58 0.40 -11.90 -1.48 -4.04 1.36 0.22
0.05 -0.92 -1.80 8.29 -2.00 -3.86 -10.57 3.11 -8.51 -4.40 -5.07 -4.94
Net Cash Flow 0.05 0.45 -0.07 -0.07 0.09 -0.04 -0.26 1.93 -2.01 0.60 -0.36 1.08

Ratios

Figures in Rs. Crores

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Debtor Days 93.49 109.95 95.80 115.90 126.56 91.97 86.04 92.85 88.53 110.65 102.31
Inventory Days 167.23 103.05 135.37 129.47 121.83 110.53 96.84 115.21 115.90 176.55 138.80
Days Payable 65.62 73.07 40.18 40.04 28.19 33.20 31.50 29.07 34.38 45.82 34.18
Cash Conversion Cycle 195.11 139.94 190.99 205.33 220.20 169.30 151.38 178.99 170.05 241.38 206.92
Working Capital Days 135.85 30.77 101.15 142.59 163.72 115.18 99.40 88.68 96.17 133.76 107.99
ROCE % 12.61% 8.63% 16.77% 6.86% 11.15% 18.68% 21.42% 22.14% 14.59% 5.64% 3.34%

Shareholding Pattern

Numbers in percentages

Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019
68.63% 68.63% 68.63% 68.63% 68.63% 68.63% 68.63% 68.63% 68.63% 68.63% 68.63% 68.50%
0.06% 0.09% 0.06% 0.01% 0.06% 0.01% 0.06% 0.00% 0.00% 0.00% 0.00% 0.05%
31.31% 31.28% 31.31% 31.36% 31.31% 31.36% 31.31% 31.37% 31.37% 31.37% 31.37% 31.45%
No. of Shareholders 12,93812,61512,37812,57312,55012,18412,06812,06912,04212,00311,92011,976

* 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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