Kandagiri Spinning Mills Ltd
Incorporated in 1976, Kandagiri Spinning Mills Ltd trades cotton yarn and leases out its immovable properties[1]
- Market Cap ₹ 16.4 Cr.
- Current Price ₹ 42.6
- High / Low ₹ 42.6 / 21.2
- Stock P/E
- Book Value ₹ -18.4
- Dividend Yield 0.00 %
- ROCE -4.07 %
- ROE %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 296 to 119 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -40.6% over past five years.
- Contingent liabilities of Rs.20.1 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 144.78 | 78.03 | 54.38 | 69.55 | 26.57 | 2.54 | 3.19 | 1.23 | 1.50 | 1.96 | |
| 135.53 | 84.46 | 58.95 | 76.84 | 35.84 | 3.01 | 3.46 | 1.48 | 2.11 | 2.24 | |
| Operating Profit | 9.25 | -6.43 | -4.57 | -7.29 | -9.27 | -0.47 | -0.27 | -0.25 | -0.61 | -0.28 |
| OPM % | 6.39% | -8.24% | -8.40% | -10.48% | -34.89% | -18.50% | -8.46% | -20.33% | -40.67% | -14.29% |
| 0.27 | 16.08 | -0.06 | -1.44 | 6.33 | 1.57 | 3.22 | 2.85 | 1.52 | 0.16 | |
| Interest | 13.27 | 13.10 | 8.53 | 6.53 | 5.29 | 1.70 | 1.60 | 1.32 | 2.33 | 0.24 |
| Depreciation | 7.59 | 7.12 | 3.71 | 3.21 | 2.11 | 0.29 | 0.29 | 0.29 | 0.29 | 0.34 |
| Profit before tax | -11.34 | -10.57 | -16.87 | -18.47 | -10.34 | -0.89 | 1.06 | 0.99 | -1.71 | -0.70 |
| Tax % | 0.00% | 0.00% | -31.77% | 0.00% | 19.15% | 0.00% | 14.15% | -14.14% | 0.00% | 0.00% |
| -11.10 | -10.56 | -11.51 | -18.47 | -12.33 | -0.89 | 0.91 | 1.13 | -1.72 | -0.71 | |
| EPS in Rs | -28.84 | -27.43 | -29.90 | -47.98 | -32.03 | -2.31 | 2.36 | 2.94 | -4.47 | -1.84 |
| Dividend Payout % | 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: | -41% |
| 3 Years: | -15% |
| TTM: | 31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | % |
| TTM: | 61% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | 36% |
| 3 Years: | 33% |
| 1 Year: | 52% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 |
| Reserves | 35.70 | 32.77 | 20.37 | 1.86 | -9.67 | -10.56 | -9.65 | -8.52 | -10.24 | -10.95 |
| 90.95 | 67.02 | 58.93 | 51.71 | 15.32 | 14.51 | 14.42 | 14.42 | 18.11 | 17.98 | |
| 33.40 | 9.62 | 11.14 | 21.48 | 8.79 | 7.81 | 6.02 | 5.63 | 3.08 | 2.73 | |
| Total Liabilities | 163.91 | 113.27 | 94.30 | 78.91 | 18.30 | 15.62 | 14.65 | 15.39 | 14.81 | 13.62 |
| 92.97 | 74.10 | 52.90 | 26.41 | 11.55 | 11.26 | 10.96 | 10.67 | 10.38 | 10.04 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.41 | 1.96 | 1.73 | 1.27 | 1.30 | 1.34 | 1.98 | 2.03 | 2.08 | 2.16 |
| 69.53 | 37.21 | 39.67 | 51.23 | 5.45 | 3.02 | 1.71 | 2.69 | 2.35 | 1.42 | |
| Total Assets | 163.91 | 113.27 | 94.30 | 78.91 | 18.30 | 15.62 | 14.65 | 15.39 | 14.81 | 13.62 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 8.38 | 8.98 | -6.29 | -5.53 | -24.90 | 2.68 | 0.58 | 1.34 | -1.50 | 0.30 | |
| -1.13 | 27.42 | 22.50 | 10.97 | 43.96 | 0.03 | 0.79 | 0.07 | 0.11 | 0.07 | |
| -7.88 | -36.43 | -16.14 | -5.49 | -19.02 | -2.51 | -1.68 | -1.32 | 1.37 | -0.37 | |
| Net Cash Flow | -0.63 | -0.02 | 0.06 | -0.06 | 0.03 | 0.19 | -0.31 | 0.09 | -0.02 | 0.00 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 45.48 | 24.70 | 19.00 | 15.06 | 41.62 | 162.38 | 0.00 | 382.80 | 386.90 | 119.18 |
| Inventory Days | 151.91 | 144.15 | 271.59 | 98.79 | 12.31 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days Payable | 53.72 | 14.30 | 45.84 | 38.97 | 30.53 | |||||
| Cash Conversion Cycle | 143.67 | 154.54 | 244.74 | 74.89 | 23.40 | 162.38 | 0.00 | 382.80 | 386.90 | 119.18 |
| Working Capital Days | 52.87 | 82.37 | 97.86 | 92.89 | -101.52 | -944.11 | -669.36 | -1,222.60 | -343.10 | -370.59 |
| ROCE % | -11.04% | -8.35% | -14.54% | -29.01% | 9.35% | 23.11% | 25.12% | 4.93% | -4.07% |
Documents
Announcements
- Closure of Trading Window 1 Jul
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Announcement under Regulation 30 (LODR)-Post Offer Public Announcement
4 Jun - Completion of open offer for 1000 shares by Akshayam Creations LLP disclosed.
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Post-Offer Public Announcement
4 Jun - Post-offer announcement: Acquirer completed 26% stake acquisition in Kandagiri Spinning Mills at Rs. 25/share.
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Integrated Filing (Financial)
10 May - Annual audited standalone and consolidated financial results for FY 2024-25 with auditor's report disclosed.
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Disclosure Of Standalone And Consolidated Audited Financial Results Of The Company For The Quarter/Year Ended 31.03.2025
10 May - Audited financial results and auditor's report for FY 2024-25 released with audit qualifications.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
KSML, part of the Sambandam Group, specializes in manufacturing:
a) 100% Cotton Yarn, BCI Yarn, and Organic Yarn in carded and combed varieties, available as single, double, TFO, weaving, and knitting yarn.
b) Value-added products like high twist, gassed, and mercerized compact yarn, and slub yarn.
c) Special yarns such as poly-cotton and bamboo yarn, with a count range of Ne 16's to 80's and Ne 2/16's to 2/80's.