Kandagiri Spinning Mills Ltd
Incorporated in 1976, Kandagiri Spinning Mills Limited is engaged in production and sale of cotton yarn. Presently, company is doing yarn trading business and leasing out properties.
- Market Cap ₹ 5.86 Cr.
- Current Price ₹ 15.2
- High / Low ₹ 21.8 / 13.3
- Stock P/E 5.19
- Book Value ₹ -12.1
- Dividend Yield 0.00 %
- ROCE 25.1 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -53.1% over past five years.
- Contingent liabilities of Rs.24.5 Cr.
- Earnings include an other income of Rs.2.85 Cr.
- Company has high debtors of 383 days.
* 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
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 | |
---|---|---|---|---|---|---|---|---|
144.78 | 78.03 | 54.38 | 69.55 | 26.57 | 2.54 | 3.19 | 1.23 | |
135.53 | 84.46 | 58.95 | 76.84 | 35.84 | 3.01 | 3.46 | 1.48 | |
Operating Profit | 9.25 | -6.43 | -4.57 | -7.29 | -9.27 | -0.47 | -0.27 | -0.25 |
OPM % | 6.39% | -8.24% | -8.40% | -10.48% | -34.89% | -18.50% | -8.46% | -20.33% |
0.27 | 16.08 | -0.06 | -1.44 | 6.33 | 1.57 | 3.22 | 2.85 | |
Interest | 13.27 | 13.10 | 8.53 | 6.53 | 5.29 | 1.70 | 1.60 | 1.32 |
Depreciation | 7.59 | 7.12 | 3.71 | 3.21 | 2.11 | 0.29 | 0.29 | 0.29 |
Profit before tax | -11.34 | -10.57 | -16.87 | -18.47 | -10.34 | -0.89 | 1.06 | 0.99 |
Tax % | -0.00% | -0.00% | 31.77% | -0.00% | -19.15% | -0.00% | 14.15% | -14.14% |
Net Profit | -11.10 | -10.56 | -11.51 | -18.47 | -12.33 | -0.89 | 0.91 | 1.13 |
EPS in Rs | -28.84 | -27.43 | -29.90 | -47.98 | -32.03 | -2.31 | 2.36 | 2.94 |
Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -53% |
3 Years: | -64% |
TTM: | -61% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 27% |
TTM: | 352% |
Stock Price CAGR | |
---|---|
10 Years: | -15% |
5 Years: | -9% |
3 Years: | 22% |
1 Year: | -24% |
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 | |
---|---|---|---|---|---|---|---|---|
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 |
90.95 | 67.02 | 58.93 | 51.71 | 15.32 | 14.51 | 14.42 | 14.42 | |
33.40 | 9.62 | 11.14 | 21.48 | 8.79 | 7.81 | 6.02 | 5.63 | |
Total Liabilities | 163.91 | 113.27 | 94.30 | 78.91 | 18.30 | 15.62 | 14.65 | 15.39 |
92.97 | 74.10 | 52.90 | 26.41 | 11.55 | 11.26 | 10.96 | 10.67 | |
CWIP | -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 |
69.53 | 37.21 | 39.67 | 51.23 | 5.45 | 3.02 | 1.71 | 2.69 | |
Total Assets | 163.91 | 113.27 | 94.30 | 78.91 | 18.30 | 15.62 | 14.65 | 15.39 |
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 | |
---|---|---|---|---|---|---|---|---|
8.38 | 8.98 | -6.29 | -5.53 | -24.90 | 2.68 | 0.58 | 1.34 | |
-1.13 | 27.42 | 22.50 | 10.97 | 43.96 | 0.03 | 0.79 | 0.07 | |
-7.88 | -36.43 | -16.14 | -5.49 | -19.02 | -2.51 | -1.68 | -1.32 | |
Net Cash Flow | -0.63 | -0.02 | 0.06 | -0.06 | 0.03 | 0.19 | -0.31 | 0.09 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 45.48 | 24.70 | 19.00 | 15.06 | 41.62 | 162.38 | -0.00 | 382.80 |
Inventory Days | 151.91 | 144.15 | 271.59 | 98.79 | 12.31 | -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 |
Working Capital Days | 52.87 | 82.37 | 97.86 | 92.89 | -101.52 | -944.11 | -669.36 | -1,222.60 |
ROCE % | -11.04% | -8.35% | -14.54% | -29.01% | 9.35% | 23.11% | 25.14% |
Documents
Announcements
- Disclosure Of Audited Financial Results For The Quarter/Year Ended 31-03-2023 29 May
- Closure of Trading Window 17 May
- Board Meeting Intimation for Consideration And Approval Of Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter/Year Ended 31-03-2023 And Intimation Regarding Closure Of Trading Window 17 May
- Disclosure Of PCS Certificate Under Reg 40(10) For The Year Ended 31-03-2023 24 Apr
- Reg 7(3) Compliance Certificate For The Period Ended 31-03-2023 17 Apr
Product Profile:[1]
a) 100% Cotton Yarn: Single yarn-Weaving-Carded, Combed, Knitting-Carded, Combed Compact Yarn, Gassed Mercerized Yarn, Double yarn-Weaving-Carded
b) 100% Polyester: Single Yarn, Combed, Blended, Polyester Cotton, Polyester Reverse Blend, Polyester Viscose, Cotton Viscose, Cotton Modal, Cotton Self Nepy Yarn, Polyester Self Nepy Yarn, Cotton Poly Viscose,Single Yarn
c) 100% Viscose: Single Yarn, Double Yarn
d) 100% Modal: Single Yarn, Double Yarn