Gem Spinners India Ltd

₹ 12.4 -5.00%
May 16 - close price
About

Incorporated in 1994, Gem Spinners India Ltd is a manufacturer, trader and exporter of cotton yarn and grey fabrics

Key Points

Product Portfolio:[1]
a) Combed Cotton Yarn for weaving and knitting
b) Carded Cotton Yarn for weaving and knitting
c) Melange Yarn for knitting 100% Cotton
d) Organic Cotton Yarn for weaving and knitting
e) Knit Fabrics 100% Cotton
f) Knit Garments

  • Market Cap 75.8 Cr.
  • Current Price 12.4
  • High / Low 15.9 / 1.70
  • Stock P/E
  • Book Value -0.02
  • Dividend Yield 0.00 %
  • ROCE -8.57 %
  • ROE -90.4 %
  • Face Value 5.00

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.

* 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

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.26 0.11 0.15 0.11 0.64 0.03 0.10 0.15 0.10 0.05 0.17 0.12
Operating Profit -0.26 -0.11 -0.15 -0.11 -0.64 -0.03 -0.10 -0.15 -0.10 -0.05 -0.17 -0.12
OPM %
11.90 0.00 0.00 0.00 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.04 0.04
Profit before tax 11.58 -0.17 -0.21 -0.17 -0.65 -0.09 -0.16 -0.21 -0.16 -0.11 -0.21 -0.16
Tax % 14.94% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit 9.86 -0.17 -0.21 -0.17 -0.65 -0.09 -0.16 -0.21 -0.16 -0.11 -0.21 -0.16
EPS in Rs 1.61 -0.03 -0.03 -0.03 -0.11 -0.01 -0.03 -0.03 -0.03 -0.02 -0.03 -0.03

Profit & Loss

Figures in Rs. Crores

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
92.84 91.60 36.22 10.47 13.18 13.36 0.88 0.00 0.00 0.00 0.00 0.00 0.00
95.11 90.49 37.47 32.25 15.22 14.70 1.36 0.78 0.70 2.30 0.98 0.39 0.44
Operating Profit -2.27 1.11 -1.25 -21.78 -2.04 -1.34 -0.48 -0.78 -0.70 -2.30 -0.98 -0.39 -0.44
OPM % -2.45% 1.21% -3.45% -208.02% -15.48% -10.03% -54.55%
2.95 3.66 0.53 23.04 4.26 9.52 0.89 0.07 0.04 11.91 0.02 0.01 0.00
Interest 3.99 2.85 2.95 1.58 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 3.28 2.56 0.29 0.30 2.31 8.27 0.19 4.11 0.24 0.24 0.24 0.24 0.20
Profit before tax -6.59 -0.64 -3.96 -0.62 -0.11 -0.10 0.22 -4.82 -0.90 9.37 -1.20 -0.62 -0.64
Tax % 4.10% 57.81% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18.46% 0.00% 0.00%
Net Profit -6.32 -0.27 -3.96 -0.62 -0.10 -0.10 0.22 -4.82 -0.90 7.65 -1.19 -0.61 -0.64
EPS in Rs -0.10 -0.02 -0.02 0.04 -0.79 -0.15 1.25 -0.19 -0.10 -0.11
Dividend Payout % 0.00% 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: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 10%
TTM: 42%
Stock Price CAGR
10 Years: 20%
5 Years: 37%
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -90%

Balance Sheet

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Dec 2021
20.69 20.69 20.69 30.69 30.69 30.69 30.69 30.69 30.69 30.69 30.69 30.69 30.69
Reserves -27.58 -25.88 -29.83 -30.45 -30.55 -30.65 -30.43 -35.25 -36.15 -28.50 -29.69 -30.34 -30.82
Borrowings 41.59 18.28 17.55 0.00 0.00 0.03 0.00 13.00 13.06 4.69 6.55 6.57 0.00
39.22 51.93 45.27 28.00 24.54 16.03 13.90 1.32 1.89 1.97 0.35 0.63 7.56
Total Liabilities 73.92 65.02 53.68 28.24 24.68 16.10 14.16 9.76 9.49 8.85 7.90 7.55 7.43
24.14 21.66 21.41 21.40 19.15 10.96 10.76 6.69 6.46 6.19 5.95 5.71 5.58
CWIP 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
Investments 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
49.78 43.36 32.27 6.84 5.53 5.14 3.40 3.07 3.03 2.66 1.95 1.84 1.85
Total Assets 73.92 65.02 53.68 28.24 24.68 16.10 14.16 9.76 9.49 8.85 7.90 7.55 7.43

Cash Flows

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
-1.10 -0.20 -2.03 14.85 0.97 -0.43 -0.02 0.04 0.00 -0.03 0.04 -0.05
-0.21 0.31 0.04 0.92 -0.04 -0.07 0.01 -0.04 0.00 0.03 0.00 0.00
1.10 0.34 0.75 -15.83 -0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow -0.21 0.45 -1.24 -0.06 0.43 -0.50 -0.01 0.00 0.00 0.01 0.04 -0.05

Ratios

Figures in Rs. Crores

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 89.72 62.92 54.82 85.76 39.88 40.71 0.00
Inventory Days 77.90 91.68 197.92 36.76 29.65 28.34 422.87
Days Payable 175.35 142.21 247.81 502.10 279.90 32.87 369.45
Cash Conversion Cycle -7.73 12.38 4.93 -379.59 -210.37 36.17 53.41
Working Capital Days 29.33 25.30 43.84 -339.20 -229.86 -1.09 199.09
ROCE % -6.97% 9.25% -9.40% -494.57% -47.37% -85.71% 133.33% -110.80% -11.22% 129.42% -16.63% -8.57%

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
69.16 72.86 72.86 72.86 72.86 72.86 72.86 72.86 72.86 72.86 72.86 72.86
20.35 8.02 8.02 8.02 8.02 8.02 8.02 8.02 8.02 8.02 8.02 8.02
10.50 19.12 19.12 19.12 19.12 19.12 19.12 19.12 19.12 19.12 19.12 19.12

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