Bombay Dyeing & Manufacturing Company Ltd

₹ 73.0 -1.29%
27 Jan - close price
About

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

Key Points

Polyester Staple Fibre (59% of revenues)[1]
The company is one of 7 manufacturers of Polyester Staple Fibre (PSF) in India with a 13% market share. Polyester is used in apparels, sportwear, home furnishing, automotive and industrial textiles.[2]
The company's polyester products are exported across the globe to Europe, North & South America, Middle East, Africa and Asia.[3]

  • Market Cap 1,507 Cr.
  • Current Price 73.0
  • High / Low 141 / 71.0
  • Stock P/E
  • Book Value -42.4
  • Dividend Yield 0.00 %
  • ROCE 5.81 %
  • ROE %
  • Face Value 2.00

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 130 to 53.8 days.
  • Company's working capital requirements have reduced from 344 days to 123 days

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.79% over past five years.

* 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 - Processing

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
555 378 313 91 217 386 499 381 496 526 598 606 745
327 381 342 114 245 358 452 378 469 476 528 594 737
Operating Profit 228 -3 -29 -22 -28 28 47 3 27 51 70 13 8
OPM % 41% -1% -9% -25% -13% 7% 9% 1% 5% 10% 12% 2% 1%
8 12 5 5 67 10 9 15 14 -166 10 40 36
Interest 138 139 139 143 150 145 151 134 140 140 109 121 129
Depreciation 8 8 9 8 8 8 9 8 8 8 8 8 8
Profit before tax 90 -139 -171 -168 -119 -115 -103 -125 -107 -264 -37 -76 -93
Tax % 0% 217% 128% 23% 24% 28% -61% 14% 13% 18% -12% -1% -0%
Net Profit 90 162 49 -129 -91 -82 -167 -108 -93 -217 -42 -77 -93
EPS in Rs 4.33 7.86 2.35 -6.26 -4.39 -3.99 -8.07 -5.22 -4.52 -10.52 -2.02 -3.72 -4.50
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
2,385 1,848 1,924 2,662 4,430 1,895 1,193 2,001 2,476
2,132 1,660 1,647 2,077 2,722 1,567 1,167 1,850 2,335
Operating Profit 253 187 276 585 1,708 327 26 151 141
OPM % 11% 10% 14% 22% 39% 17% 2% 8% 6%
58 46 27 -105 45 51 90 -129 -81
Interest 232 290 368 413 489 554 588 524 499
Depreciation 47 34 32 30 30 33 34 33 32
Profit before tax 31 -90 -97 38 1,234 -209 -507 -534 -470
Tax % 34% -1% -30% 7% 0% 257% 7% 14%
Net Profit 20 -91 -127 35 1,228 328 -469 -460 -429
EPS in Rs 0.99 -4.41 -6.13 1.70 60.12 15.87 -22.71 -22.29 -20.76
Dividend Payout % 81% -11% -11% 59% 2% 1% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 1%
3 Years: -23%
TTM: 41%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 57%
Stock Price CAGR
10 Years: -5%
5 Years: -21%
3 Years: -9%
1 Year: -34%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
41 41 41 41 45 41 41 41 41
Reserves 1,511 1,245 293 596 168 46 -210 -772 -918
1,835 2,519 2,542 2,803 3,968 4,153 4,172 4,442 4,043
698 654 761 707 1,004 561 635 520 598
Total Liabilities 4,085 4,459 3,637 4,147 5,181 4,800 4,639 4,231 3,765
879 631 572 556 528 521 488 466 454
CWIP 75 72 75 74 5 1 1 0 1
Investments 54 54 773 950 1,062 377 474 367 391
3,077 3,701 2,218 2,566 3,586 3,901 3,677 3,397 2,919
Total Assets 4,085 4,459 3,637 4,147 5,181 4,800 4,639 4,231 3,765

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
48 -436 169 -451 -774 99 604 522
-89 49 120 559 190 271 141 6
29 405 -254 -154 600 -398 -591 -268
Net Cash Flow -12 18 36 -47 16 -28 153 260

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 41 47 26 29 90 138 200 54
Inventory Days 244 258 149 126 574 822 1,252 567
Days Payable 165 113 126 108 136 104 236 105
Cash Conversion Cycle 120 193 48 47 527 855 1,217 516
Working Capital Days 112 144 13 215 196 501 408 123
ROCE % 5% 10% 19% 45% 8% 1% 6%

Shareholding Pattern

Numbers in percentages

1 recently
Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
53.66 53.66 53.66 53.66 53.66 53.66 53.66 53.57 53.66 53.66 53.67 53.67
1.07 0.73 0.17 0.16 0.03 0.03 0.13 0.44 0.52 0.60 0.58 0.14
4.14 4.19 3.81 3.81 3.80 3.76 3.72 0.49 0.37 0.34 2.50 2.06
41.13 41.41 42.36 42.37 42.51 42.55 42.49 45.50 45.45 45.40 43.25 44.16

* 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.

Documents