Bombay Dyeing & Manufacturing Company Ltd

Bombay Dyeing & Manufacturing Company Ltd

₹ 153 -0.29%
05 Dec 4:01 p.m.
About

Bombay Dyeing & Manufacturing Company is currently engaged in the business of Real Estate Development, Polyester Staple Fibre and Retail (Textiles).[1]

Key Points

Business Segments FY23
Polyester Staple Fibre (PSF) (62%)[1]
The Company is one of the seven producers of PSF in the country with a market share of ~12%. The cpacity utilization remained at ~92%. [2] [3]

  • Market Cap 3,165 Cr.
  • Current Price 153
  • High / Low 184 / 53.2
  • Stock P/E
  • Book Value -64.7
  • Dividend Yield 0.00 %
  • ROCE 1.04 %
  • ROE %
  • Face Value 2.00

Pros

  • Debtor days have improved from 96.8 to 36.4 days.
  • Company's working capital requirements have reduced from 272 days to 110 days

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.09% over past five years.
  • Earnings include an other income of Rs.115 Cr.

* 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 - Manmade

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
217 386 499 381 496 526 598 606 745 652 670 498 441
245 358 452 378 469 476 528 594 737 612 766 495 425
Operating Profit -28 28 47 3 27 51 70 13 8 40 -95 3 15
OPM % -13% 7% 9% 1% 5% 10% 12% 2% 1% 6% -14% 1% 4%
66 10 9 15 14 -166 10 40 36 6 21 6 82
Interest 150 145 151 134 140 140 109 121 129 139 135 115 148
Depreciation 8 8 9 8 8 8 8 8 8 8 9 8 8
Profit before tax -120 -115 -103 -125 -107 -264 -37 -76 -93 -101 -219 -113 -59
Tax % 24% 28% -61% 14% 13% 18% -12% -1% -0% -0% -12% -6% 11%
-91 -82 -167 -108 -93 -217 -42 -77 -93 -101 -246 -120 -52
EPS in Rs -4.39 -3.99 -8.07 -5.23 -4.52 -10.52 -2.02 -3.72 -4.51 -4.87 -11.92 -5.80 -2.52
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
2,225 2,325 2,654 2,376 1,843 1,924 2,662 4,430 1,895 1,193 2,001 2,674 2,261
1,962 2,034 2,410 2,122 1,651 1,691 2,077 2,720 1,566 1,167 1,850 2,708 2,297
Operating Profit 263 291 244 254 192 232 585 1,710 328 26 151 -35 -37
OPM % 12% 13% 9% 11% 10% 12% 22% 39% 17% 2% 8% -1% -2%
54 44 40 55 39 49 -106 45 50 89 -129 102 115
Interest 181 175 191 227 283 368 413 489 554 588 524 523 536
Depreciation 61 62 60 47 34 32 30 30 33 34 33 33 33
Profit before tax 75 98 33 35 -85 -119 37 1,236 -209 -507 -534 -489 -491
Tax % 21% 23% 27% 30% -0% -25% 7% 0% 257% 7% 14% -6%
59 76 24 25 -85 -148 34 1,230 328 -469 -460 -517 -519
EPS in Rs 2.87 3.67 1.18 1.19 -4.13 -7.18 1.67 59.55 15.87 -22.71 -22.29 -25.01 -25.11
Dividend Payout % 35% 27% 68% 67% -12% -10% 60% 3% 1% -0% -0% -0%
Compounded Sales Growth
10 Years: 1%
5 Years: 0%
3 Years: 12%
TTM: -9%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -198%
Stock Price CAGR
10 Years: 8%
5 Years: 11%
3 Years: 28%
1 Year: 77%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 41 41 41 41 41 41 41 41 41 41 41 41 41
Reserves 1,751 1,646 1,422 1,531 1,271 294 595 139 18 -237 -800 -1,315 -1,378
Preference Capital -0 -0 -0 -0 -0 -0 -0 4 -0 -0 -0 -0
1,295 1,248 1,435 1,726 2,431 2,542 2,803 3,968 4,153 4,172 4,442 3,642 3,578
500 850 865 695 650 761 707 1,030 586 661 545 624 774
Total Liabilities 3,588 3,785 3,764 3,993 4,393 3,638 4,147 5,178 4,798 4,637 4,229 2,992 3,016
929 908 858 838 590 572 556 528 521 488 466 442 352
CWIP 102 127 153 75 72 75 74 5 1 1 0 0 1
Investments 56 56 56 56 56 773 950 1,062 376 473 366 193 302
2,501 2,694 2,696 3,024 3,675 2,218 2,566 3,584 3,900 3,675 3,396 2,356 2,361
Total Assets 3,588 3,785 3,764 3,993 4,393 3,638 4,147 5,178 4,798 4,637 4,229 2,992 3,016

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
102 323 -14 45 -435 169 -451 -738 100 604 522 861
4 -65 4 -87 42 120 559 98 271 141 6 177
-104 -232 -1 30 404 -254 -154 654 -398 -591 -268 -1,320
Net Cash Flow 2 26 -11 -12 11 36 -47 14 -27 153 260 -282

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 23 34 27 41 47 26 29 90 138 200 54 36
Inventory Days 809 315 142 245 259 149 126 574 822 1,252 490 194
Days Payable 179 144 126 166 113 126 108 136 104 236 91 64
Cash Conversion Cycle 653 205 42 120 193 48 47 527 855 1,217 453 166
Working Capital Days 235 107 46 102 138 18 215 195 501 408 297 110
ROCE % 9% 9% 8% 8% 5% 9% 19% 45% 8% 1% 6% 1%

Shareholding Pattern

Numbers in percentages

12 Recently
Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
53.66% 53.66% 53.66% 53.66% 53.57% 53.66% 53.66% 53.67% 53.67% 53.60% 53.60% 53.60%
0.16% 0.03% 0.03% 0.13% 0.44% 0.52% 0.60% 0.58% 0.14% 0.36% 1.39% 0.98%
3.81% 3.80% 3.76% 3.72% 0.49% 0.37% 0.34% 2.50% 2.06% 1.96% 1.72% 1.54%
42.37% 42.51% 42.55% 42.49% 45.50% 45.45% 45.40% 43.25% 44.16% 44.10% 43.31% 43.90%
No. of Shareholders 1,53,3901,52,1731,53,7751,65,1251,53,1361,54,5691,51,4481,54,9601,57,6261,56,4531,40,7261,48,123

* 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.

Click on the line-items to see the names of individual entities.

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