Amit Spinning Industries Ltd

Amit Spinning Industries Ltd

₹ 0.69 -1.43%
04 Sep 2017
About

Amit Spinning Industries is enaged in only one reportable segment viz. Spinning Mill.

  • Market Cap 2.84 Cr.
  • Current Price 0.69
  • High / Low /
  • Stock P/E 0.29
  • Book Value 11.2
  • Dividend Yield 0.00 %
  • ROCE 5.39 %
  • ROE 2.39 %
  • Face Value 5.00

Pros

  • Stock is trading at 0.06 times its book value

Cons

  • Company has a low return on equity of -8.20% over last 3 years.
  • Contingent liabilities of Rs.5.12 Cr.
  • Earnings include an other income of Rs.8.88 Cr.
  • Debtor days have increased from 31.2 to 41.8 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.

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Quarterly Results

Figures in Rs. Crores

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
12.83 29.49 23.90 22.01 21.98 27.81 20.01 25.85 24.06 33.17 24.66 26.94 30.75
13.71 29.81 23.59 22.27 22.71 26.32 19.23 25.78 24.13 26.95 23.45 25.54 29.01
Operating Profit -0.88 -0.32 0.31 -0.26 -0.73 1.49 0.78 0.07 -0.07 6.22 1.21 1.40 1.74
OPM % -6.86% -1.09% 1.30% -1.18% -3.32% 5.36% 3.90% 0.27% -0.29% 18.75% 4.91% 5.20% 5.66%
0.00 0.24 0.01 0.02 0.01 0.95 0.01 0.01 0.01 2.19 1.09 4.85 0.75
Interest 0.97 1.05 1.24 1.10 1.20 1.01 1.04 1.00 0.68 1.64 1.09 1.05 0.95
Depreciation 0.48 0.49 0.51 0.53 0.53 0.53 0.50 0.51 0.51 0.89 1.56 1.35 1.28
Profit before tax -2.33 -1.62 -1.43 -1.87 -2.45 0.90 -0.75 -1.43 -1.25 5.88 -0.35 3.85 0.26
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% 0.00%
-2.34 -1.63 -1.43 -1.87 -2.44 0.90 -0.76 -1.43 -1.25 5.88 -0.34 3.85 0.25
EPS in Rs -0.57 -0.40 -0.35 -0.45 -0.59 0.22 -0.18 -0.35 -0.30 1.43 -0.08 0.94 0.06
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
26 32 0 0 0 0 39 47 115 78 96 103 116
28 41 9 6 4 1 38 40 99 80 95 95 105
Operating Profit -2 -8 -8 -6 -4 -1 1 7 17 -1 1 8 11
OPM % -6% -26% -2,179% -3,606% 3% 15% 14% -2% 1% 7% 9%
0 0 0 -4 -29 -2 -5 1 2 0 1 2 9
Interest 4 3 3 0 1 1 4 5 4 4 5 4 5
Depreciation 4 3 3 3 3 3 3 2 2 2 2 2 5
Profit before tax -10 -15 -15 -13 -37 -7 -10 2 12 -7 -5 2 10
Tax % 0% 57% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
-10 -24 -15 -13 -37 -7 -10 2 12 -7 -5 2 10
EPS in Rs -2.34 -5.86 -3.65 -3.17 -8.89 -1.72 -2.39 0.45 2.92 -1.67 -1.18 0.60 2.35
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 12%
5 Years: 21%
3 Years: -4%
TTM: 18%
Compounded Profit Growth
10 Years: 7%
5 Years: 17%
3 Years: -57%
TTM: 480%
Stock Price CAGR
10 Years: -2%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 2%
3 Years: -8%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 21 21 21 21 21 21 21 2 2 2 2 2 2
Reserves -72 -77 -92 -106 -142 -24 13 38 50 43 37 40 44
62 62 62 61 62 34 47 48 45 51 43 73 58
53 73 81 88 92 2 6 6 4 4 9 13 18
Total Liabilities 63 77 71 65 32 32 86 95 101 100 91 128 122
26 42 38 35 31 29 76 79 80 81 77 104 96
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
38 36 33 29 1 3 10 15 21 19 14 24 25
Total Assets 63 77 71 65 32 32 86 95 101 100 91 128 122

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
8 3 2 4 -0 -94 -2 3 10 1 11 1
-1 -1 0 0 0 -1 -6 -5 -3 -3 1 -28
-7 -2 -2 -4 0 96 8 2 -8 2 -12 27
Net Cash Flow 0 0 0 -0 0 1 -0 0 -1 0 -0 0
Free Cash Flow 7 2 2 4 -0 -96 -8 -2 7 -2 11 -26
CFO/OP -485% -35% -24% -70% 1% 12,265% -161% 47% 63% -52% 1,354% 16%

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 9 9 777 0 13 42 26 38 14 42
Inventory Days 20 222 706 66 82 47 46 37 45
Days Payable 975 44,633 158,240 69 57 12 11 34 50
Cash Conversion Cycle 9 -946 -43,634 -157,534 10 67 61 73 18 37
Working Capital Days -415 -602 -63,725 -235,334 -94 -78 -9 -69 -81 -125
ROCE % -33% -157% -2% 8% 18% -3% -0% 5%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2024 Sep 2025
Installed Capacity - Spindles
Numbers

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Debtors Turnover Ratio
Ratio
Production Volume - Yarn (Own Resources)
MT
Installed Capacity - Looms
Numbers
Production Volume - Yarn (Job Work)
MT

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
50.96% 50.96% 50.96% 50.96% 50.96% 50.96% 50.96% 50.96% 50.96% 50.96% 50.96% 50.96%
49.02% 49.02% 49.02% 49.02% 49.03% 49.03% 49.03% 49.03% 49.03% 49.03% 49.03% 49.03%
No. of Shareholders 17,32817,32617,32617,32617,32417,32417,32417,32417,32217,32117,32017,319

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