Eastern Silk Industries Ltd

₹ 5.55 4.72%
May 17 - close price
About

Eastern Silk Industries Ltd is a Kolkata based company incorporated in 1946. The co. is engaged in the manufacture of silk yarn, fabrics and made-ups, home furnishings, fashion fabrics, handloom fabrics, amongst others. [1]

Key Points

The Company is engaged in the manufacturing of textile and allied products currently from developing yarn to producing premium fashionable fabrics.

  • Market Cap 43.6 Cr.
  • Current Price 5.55
  • High / Low 14.3 / 2.75
  • Stock P/E
  • Book Value -2.75
  • Dividend Yield 0.00 %
  • ROCE 1.78 %
  • ROE %
  • Face Value 2.00

Pros

  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • Promoters have pledged 100.00% of their holding.

* 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 - Silk

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
23.06 15.93 19.69 47.56 19.99 5.84 23.02 33.99 27.82 24.32 18.73 11.53
22.72 15.71 19.55 47.31 17.39 7.15 19.78 28.43 29.65 23.08 18.02 14.31
Operating Profit 0.34 0.22 0.14 0.25 2.60 -1.31 3.24 5.56 -1.83 1.24 0.71 -2.78
OPM % 1.47% 1.38% 0.71% 0.53% 13.01% -22.43% 14.07% 16.36% -6.58% 5.10% 3.79% -24.11%
0.23 0.18 3.96 0.19 0.37 0.19 0.27 0.42 0.38 0.24 0.35 0.45
Interest 1.12 0.00 0.00 0.00 1.12 0.00 0.00 0.00 1.12 0.00 0.00 0.00
Depreciation 1.73 1.45 1.41 1.43 1.46 1.36 1.03 1.12 1.25 0.99 0.99 0.99
Profit before tax -2.28 -1.05 2.69 -0.99 0.39 -2.48 2.48 4.86 -3.82 0.49 0.07 -3.32
Tax % -0.44% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -2.29 -1.04 2.69 -0.98 0.39 -2.48 2.49 4.86 -3.82 0.49 0.07 -3.32
EPS in Rs -0.29 -0.13 0.34 -0.12 0.05 -0.31 0.32 0.62 -0.48 0.06 0.01 -0.42

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
543.93 636.79 94.34 75.85 79.63 61.02 70.47 63.42 51.49 65.24 103.18 90.67 82.40
505.06 665.41 82.20 146.75 174.25 85.75 141.82 127.64 80.15 67.29 99.85 84.90 85.06
Operating Profit 38.87 -28.62 12.14 -70.90 -94.62 -24.73 -71.35 -64.22 -28.66 -2.05 3.33 5.77 -2.66
OPM % 7.15% -4.49% 12.87% -93.47% -118.82% -40.53% -101.25% -101.26% -55.66% -3.14% 3.23% 6.36% -3.23%
12.01 19.17 -64.72 18.11 22.41 10.43 63.61 120.38 59.63 0.80 4.66 1.22 1.42
Interest 28.69 34.66 42.88 46.67 48.56 2.35 0.30 1.36 1.17 1.19 1.19 1.19 1.12
Depreciation 15.34 24.67 21.23 17.82 15.68 20.23 13.79 10.66 8.76 7.18 5.74 4.76 4.22
Profit before tax 6.85 -68.78 -116.69 -117.28 -136.45 -36.88 -21.83 44.14 21.04 -9.62 1.06 1.04 -6.58
Tax % 16.35% 15.76% 21.50% 18.70% 0.00% 0.00% 0.00% 0.16% 0.00% -0.10% 0.00% 0.00%
Net Profit 5.73 -57.94 -91.60 -95.36 -136.45 -36.88 -21.83 44.06 21.03 -9.63 1.05 1.04 -6.58
EPS in Rs 0.73 -7.34 -11.60 -12.08 -17.28 -4.67 -2.76 5.58 2.66 -1.22 0.13 0.13 -0.83
Dividend Payout % 16.53% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -18%
5 Years: 5%
3 Years: 21%
TTM: -1%
Compounded Profit Growth
10 Years: 7%
5 Years: 15%
3 Years: 27%
TTM: -225%
Stock Price CAGR
10 Years: 4%
5 Years: 19%
3 Years: 46%
1 Year: 76%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sep 2021
29.79 29.79 29.79 29.79 29.79 29.79 29.79 15.79 29.79 29.79 29.79 29.79 15.79
Reserves 376.38 315.61 222.53 99.19 -38.00 -85.13 -106.96 -51.15 -29.92 -39.60 -39.05 -38.06 -37.50
Borrowings 171.43 260.33 443.51 472.11 478.85 459.77 384.87 224.73 138.56 135.11 136.44 135.49 149.49
138.26 84.22 22.62 32.39 48.96 47.33 51.70 56.84 86.81 90.46 59.60 60.04 43.44
Total Liabilities 701.86 675.95 704.45 619.48 505.60 437.76 345.40 246.21 211.24 201.76 172.78 173.26 171.22
165.24 205.69 188.70 132.23 116.52 91.04 76.86 68.91 60.39 55.26 50.27 46.17 44.31
CWIP 49.50 5.56 2.00 3.51 4.08 0.06 1.30 0.00 0.17 0.00 0.00 0.00 0.00
Investments 2.05 0.00 0.00 3.26 0.00 0.00 0.00 0.02 0.02 0.03 0.03 0.04 0.05
485.07 464.70 513.75 480.48 385.00 346.66 267.24 177.28 150.66 146.47 122.48 127.05 126.86
Total Assets 701.86 675.95 704.45 619.48 505.60 437.76 345.40 246.21 211.24 201.76 172.78 173.26 171.22

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
4.37 -60.52 -185.60 4.55 44.69 25.39 88.63 145.12 69.50 5.34 2.76 2.00
-50.73 -21.55 -0.74 -4.04 3.53 0.54 -2.39 -1.18 -0.16 -1.79 -0.83 -0.69
55.10 81.49 183.17 -11.53 -34.35 -19.08 -82.65 -155.58 -72.17 -3.45 -1.95 -0.95
Net Cash Flow 8.74 -0.58 -3.17 -11.02 13.87 6.85 3.60 -11.64 -2.83 0.10 -0.03 0.36

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 51.97 84.75 1,082.19 1,497.92 1,007.13 1,097.45 589.32 264.63 178.64 179.48 77.93 99.75
Inventory Days 232.94 134.19 1,193.71 356.61 573.49 844.09 543.41 779.68 1,076.12 508.36 258.56 259.64
Days Payable 67.29 33.44 19.29 31.04 18.55 49.21 46.54 70.32 110.17 58.53 37.27 45.58
Cash Conversion Cycle 217.61 185.50 2,256.61 1,823.49 1,562.08 1,892.33 1,086.20 973.98 1,144.59 629.31 299.22 313.81
Working Capital Days 230.58 210.14 1,765.69 1,936.59 1,266.93 1,392.71 754.19 334.44 164.88 85.54 81.82 106.15
ROCE % 6.50% -5.67% 4.76% -10.62% -15.98% -3.93% -21.79% -29.98% -22.50% -6.31% 1.81% 1.78%

Shareholding Pattern

Numbers in percentages

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
51.28 51.28 51.28 51.28 51.28 51.28 51.28 51.28 51.28 51.28 51.28 51.28
1.92 1.92 1.92 1.92 1.92 1.92 1.92 1.92 1.92 1.92 1.92 1.92
46.80 46.80 46.80 46.80 46.80 46.80 46.80 46.80 46.80 46.80 46.80 46.80

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