Orbit Exports Ltd

Orbit Exports Ltd

₹ 118 0.81%
29 Mar - close price
About

Orbit Exports Ltd. is engaged in manufacturing and exporting fancy fabrics, and operates across multiple verticals in the value-added fabric market, from women’s apparel to Christmas crafts and home decor, with special interests in occasion-specific fabrics and finished products. [1]

Key Points

Products & Services
Silky aspects: Jacquard, Dupion, Silky Charmeuse, Taffeta [1]
Fashion Jacquards: Sylvia and Monza Jacquard, Olivia Jacquard, New Sherwani Jacquard, Monochrome Jacquards, Mercury Jacquard, & more. [2]
Christmas crafts: Christmas stockings, tree skirts, table runners, etc. [3]

  • Market Cap 316 Cr.
  • Current Price 118
  • High / Low 197 / 95.2
  • Stock P/E 9.97
  • Book Value 74.3
  • Dividend Yield 0.00 %
  • ROCE 11.3 %
  • ROE 9.31 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -1.16% over past five years.
  • Company has a low return on equity of 8.20% over last 3 years.
  • Company might be capitalizing the interest cost
  • Dividend payout has been low at 11.8% of profits 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 - Processing

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
31.43 28.47 8.00 17.82 19.95 18.75 19.62 27.19 35.65 40.64 50.68 53.30 46.39
23.23 23.18 8.58 13.86 16.31 15.77 15.56 20.01 25.81 30.73 34.01 37.02 34.38
Operating Profit 8.20 5.29 -0.58 3.96 3.64 2.98 4.06 7.18 9.84 9.91 16.67 16.28 12.01
OPM % 26.09% 18.58% -7.25% 22.22% 18.25% 15.89% 20.69% 26.41% 27.60% 24.38% 32.89% 30.54% 25.89%
1.37 0.69 1.78 0.95 0.92 -0.81 0.83 1.18 1.31 0.58 1.52 0.87 0.75
Interest 0.38 0.32 0.25 0.53 0.17 0.36 0.26 0.25 0.79 0.65 0.75 0.90 0.96
Depreciation 2.92 2.88 2.81 2.75 2.71 2.69 2.54 2.58 3.33 3.41 3.34 3.41 3.61
Profit before tax 6.27 2.78 -1.86 1.63 1.68 -0.88 2.09 5.53 7.03 6.43 14.10 12.84 8.19
Tax % 33.01% 19.78% 25.27% 22.70% 17.86% 64.77% 17.70% 27.31% 25.46% 23.64% 24.33% 25.08% 25.27%
Net Profit 4.20 2.22 -1.39 1.25 1.38 -0.31 1.72 4.02 5.24 4.91 10.67 9.63 6.12
EPS in Rs 1.53 0.81 -0.51 0.46 0.50 -0.11 0.63 1.47 1.91 1.79 3.90 3.52 2.23
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
90 102 121 137 157 147 131 130 133 140 65 123 191
76 86 97 105 113 105 93 90 96 99 55 92 136
Operating Profit 14 16 24 32 45 42 37 40 38 41 10 31 55
OPM % 16% 16% 20% 23% 28% 29% 29% 31% 28% 29% 15% 25% 29%
0 0 1 2 1 3 4 4 3 3 3 4 4
Interest 2 2 2 2 2 2 3 1 2 2 1 2 3
Depreciation 1 2 2 3 5 6 7 7 9 12 11 12 14
Profit before tax 12 13 21 29 38 37 32 35 30 31 1 21 42
Tax % 37% 28% 31% 31% 30% 34% 35% 29% 24% 26% -65% 25%
Net Profit 8 9 14 20 27 25 21 25 23 23 1 16 31
EPS in Rs 3.24 3.64 5.43 7.22 9.34 8.55 7.24 8.82 8.18 8.45 0.34 5.80 11.44
Dividend Payout % 21% 23% 23% 23% 24% 22% 36% 0% 0% 36% 0% 0%
Compounded Sales Growth
10 Years: 2%
5 Years: -1%
3 Years: -3%
TTM: 89%
Compounded Profit Growth
10 Years: 6%
5 Years: -4%
3 Years: -11%
TTM: 154%
Stock Price CAGR
10 Years: 13%
5 Years: -5%
3 Years: 24%
1 Year: -8%
Return on Equity
10 Years: 16%
5 Years: 11%
3 Years: 8%
Last Year: 9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
8 8 13 14 14 14 29 28 28 27 27 27 27
Reserves 17 26 35 56 79 98 96 112 135 138 140 155 176
22 30 27 45 42 43 17 14 10 18 21 45 47
9 10 12 20 20 20 25 34 35 35 28 40 39
Total Liabilities 56 74 88 134 155 176 167 188 208 219 216 267 289
26 35 33 70 77 84 81 92 103 99 94 151 161
CWIP 0 0 0 0 1 2 0 2 2 0 31 1 1
Investments 0 0 8 2 5 5 7 7 7 7 8 8 8
30 39 46 63 72 85 79 87 96 113 82 107 118
Total Assets 56 74 88 134 155 176 167 188 208 219 216 267 289

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
8 3 16 18 27 22 36 38 34 29 29 16
-17 -11 -9 -33 -16 -16 -4 -26 -23 -15 -26 -41
9 8 -6 18 -10 -7 -30 -13 -6 -18 -5 24
Net Cash Flow 0 0 2 3 2 -1 2 -1 6 -4 -2 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 50 53 49 74 70 86 97 87 84 81 102 76
Inventory Days 75 99 76 107 119 168 165 217 212 221 276 257
Days Payable 18 13 14 16 12 10 17 27 25 23 31 40
Cash Conversion Cycle 107 140 111 165 177 244 246 277 271 278 346 293
Working Capital Days 93 118 90 120 103 142 138 127 138 181 272 165
ROCE % 36% 26% 32% 32% 33% 26% 23% 25% 20% 19% 2% 11%

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
65.88 65.88 65.88 65.88 65.88 65.88 65.88 65.92 66.12 66.12 66.12 66.12
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.18 0.02 0.17 0.03
34.12 34.12 34.12 34.12 34.12 34.12 34.12 34.08 33.69 33.85 33.70 33.85

* 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.

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