Gem Spinners India Ltd

Gem Spinners Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Gem Spinners India Ltd

₹ 7.70 4.34%
20 Mar - close price
gemspin.com BSE: 521133
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

Website BSE
  • Market Cap ₹ 47.3 Cr.
  • Current Price ₹ 7.70
  • High / Low ₹ 15.9 / 3.87
  • Stock P/E
  • Book Value ₹ 1.16
  • Dividend Yield 0.00 %
  • ROCE -9.86 %
  • ROE -2,600 %
  • Face Value ₹ 5.00
Edit ratios

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 6.62 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -107% over last 3 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 - Cotton/Blended

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Quarterly Results

Figures in Rs. Crores

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
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
0.11 0.64 0.03 0.10 0.15 0.10 0.05 0.17 0.12 0.13 0.13 0.20 0.11
Operating Profit -0.11 -0.64 -0.03 -0.10 -0.15 -0.10 -0.05 -0.17 -0.12 -0.13 -0.13 -0.20 -0.11
OPM %
0.00 0.05 0.00 0.00 0.00 0.00 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 0.00
Depreciation 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.04 0.04 0.04 0.04 0.04 0.04
Profit before tax -0.17 -0.65 -0.09 -0.16 -0.21 -0.16 -0.11 -0.21 -0.16 -0.17 -0.17 -0.24 -0.15
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%
Net Profit -0.17 -0.65 -0.09 -0.16 -0.21 -0.16 -0.11 -0.21 -0.16 -0.17 -0.17 -0.24 -0.15
EPS in Rs -0.03 -0.11 -0.01 -0.03 -0.03 -0.03 -0.02 -0.03 -0.03 -0.03 -0.03 -0.04 -0.02
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
91.60 36.22 10.47 13.18 13.36 0.88 0.00 0.00 0.00 0.00 0.00 0.00 0.00
90.49 37.47 32.25 15.22 14.70 1.36 0.78 0.70 2.30 0.98 0.39 0.47 0.57
Operating Profit 1.11 -1.25 -21.78 -2.04 -1.34 -0.48 -0.78 -0.70 -2.30 -0.98 -0.39 -0.47 -0.57
OPM % 1.21% -3.45% -208.02% -15.48% -10.03% -54.55%
3.66 0.53 23.04 4.26 9.52 0.89 0.07 0.04 11.91 0.02 0.01 0.00 0.00
Interest 2.85 2.95 1.58 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 2.56 0.29 0.30 2.31 8.27 0.19 4.11 0.24 0.24 0.24 0.24 0.18 0.16
Profit before tax -0.64 -3.96 -0.62 -0.11 -0.10 0.22 -4.82 -0.90 9.37 -1.20 -0.62 -0.65 -0.73
Tax % 57.81% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18.46% 0.00% 0.00% 0.00%
Net Profit -0.27 -3.96 -0.62 -0.10 -0.10 0.22 -4.82 -0.90 7.65 -1.19 -0.61 -0.65 -0.73
EPS in Rs -0.10 -0.02 -0.02 0.04 -0.79 -0.15 1.25 -0.19 -0.10 -0.11 -0.12
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: 6%
5 Years: 13%
3 Years: %
TTM: -14%
Stock Price CAGR
10 Years: 10%
5 Years: 24%
3 Years: 50%
1 Year: 54%
Return on Equity
10 Years: %
5 Years: %
3 Years: -107%
Last Year: -2600%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Dec 2022
20.69 20.69 30.69 30.69 30.69 30.69 30.69 30.69 30.69 30.69 30.69 30.69 30.69
Reserves -25.88 -19.83 -30.45 -30.55 -30.65 -30.43 -35.25 -36.15 -28.50 -29.69 -30.34 -30.99 -31.55
18.28 17.55 0.00 0.00 0.03 0.00 13.00 13.06 4.69 6.55 6.57 6.57 0.00
51.93 35.27 28.00 24.54 16.03 13.90 1.32 1.89 1.97 0.35 0.63 1.16 8.05
Total Liabilities 65.02 53.68 28.24 24.68 16.10 14.16 9.76 9.49 8.85 7.90 7.55 7.43 7.19
21.66 21.41 21.40 19.15 10.96 10.76 6.69 6.46 6.19 5.95 5.71 5.54 5.42
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
43.36 32.27 6.84 5.53 5.14 3.40 3.07 3.03 2.66 1.95 1.84 1.89 1.77
Total Assets 65.02 53.68 28.24 24.68 16.10 14.16 9.76 9.49 8.85 7.90 7.55 7.43 7.19

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-0.20 -2.03 14.85 0.97 -0.43 -0.02 0.04 0.00 -0.03 0.04 -0.05 0.09
0.31 0.04 0.92 -0.04 -0.07 0.01 -0.04 0.00 0.03 0.00 0.00 0.00
0.34 0.75 -15.83 -0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow 0.45 -1.24 -0.06 0.43 -0.50 -0.01 0.00 0.00 0.01 0.04 -0.05 0.09

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 62.92 54.82 85.76 39.88 40.71 0.00
Inventory Days 91.68 197.92 36.76 29.65 28.34 422.87
Days Payable 142.21 247.81 502.10 279.90 32.87 369.45
Cash Conversion Cycle 12.38 4.93 -379.59 -210.37 36.17 53.41
Working Capital Days 25.30 43.84 -339.20 -229.86 -1.09 199.09
ROCE % 9.25% -6.41% -229.38% -47.37% -85.71% 133.33% -110.80% -11.22% 129.42% -16.63% -8.57% -9.86%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
72.86 72.86 72.86 72.86 72.86 72.86 72.86 72.86 72.86 72.86 72.86 72.86
8.02 8.02 8.02 8.02 8.02 8.02 8.02 8.02 8.02 8.02 8.02 8.02
19.12 19.12 19.12 19.12 19.12 19.12 19.12 19.12 19.12 19.12 19.13 19.13

* 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

Announcements

Annual reports