Pashupati Cotspin Ltd

Pashupati Cotspin Ltd

₹ 428 4.99%
21 Jun - close price
About

Incorporated in 2017, Pashupati Cotspin
Ltd Cotton does ginning, manufacture
and processing of yarn[1]

Key Points

Business Overview:[1]
PCL is listed on the SME Platform and is part of the Pashupati group which operates in the textile industry. It does cotton ginning and spinning of cotton yarn and manufactures cotton bales, cotton yarn and black cotton seeds

  • Market Cap 654 Cr.
  • Current Price 428
  • High / Low 428 / 85.0
  • Stock P/E 78.8
  • Book Value 77.6
  • Dividend Yield 0.18 %
  • ROCE 9.90 %
  • ROE 7.45 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 17.3%
  • Company's working capital requirements have reduced from 78.8 days to 60.4 days

Cons

  • Stock is trading at 5.52 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.13% over past five years.
  • Company has a low return on equity of 7.27% 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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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024
171 226 120 321 220 442 176 267 263 395
161 214 107 301 200 423 169 256 253 375
Operating Profit 9 13 12 20 20 19 6 11 10 20
OPM % 5% 6% 10% 6% 9% 4% 4% 4% 4% 5%
6 -0 1 1 1 3 4 4 4 6
Interest 8 4 6 6 6 7 5 5 8 9
Depreciation 7 6 6 9 7 7 4 5 5 6
Profit before tax 0 1 1 6 7 9 1 5 0 11
Tax % -720% -77% 54% 25% 40% 23% 41% 31% 0% 26%
1 2 0 5 4 7 1 3 0 8
EPS in Rs 1.20 2.00 0.27 3.20 2.94 4.34 0.42 2.27 0.14 5.29
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 72 252 248 276 334 538 397 441 661 443 658
0 69 239 235 249 310 495 375 408 622 426 628
Operating Profit -0 3 13 13 27 25 42 22 33 39 17 30
OPM % 5% 5% 5% 10% 7% 8% 5% 7% 6% 4% 5%
0 3 14 15 10 0 -2 5 2 4 8 9
Interest 0 6 15 13 13 10 16 12 12 13 10 17
Depreciation 0 1 5 5 9 8 13 13 15 14 9 11
Profit before tax -0 -1 7 9 16 7 11 1 7 16 6 11
Tax % 31% 128% -16% 10% -44% 109% 13% -144% 28% 31% 33% 26%
-0 0 8 8 23 -1 9 3 5 11 4 8
EPS in Rs -0.62 9.20 3.10 3.47 7.28 2.69 5.43
Dividend Payout % 0% 0% 0% 0% 0% 0% 5% 16% 22% 10% 28% 14%
Compounded Sales Growth
10 Years: 25%
5 Years: 4%
3 Years: 14%
TTM: 49%
Compounded Profit Growth
10 Years: 38%
5 Years: -8%
3 Years: 16%
TTM: 102%
Stock Price CAGR
10 Years: %
5 Years: 49%
3 Years: 76%
1 Year: 300%
Return on Equity
10 Years: 11%
5 Years: 6%
3 Years: 7%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0 0 0 0 8 10 10 11 15 15 15 15
Reserves -0 0 8 17 60 42 51 59 83 93 96 103
8 97 111 101 77 159 137 112 150 177 173 151
1 27 32 31 12 26 43 63 16 21 23 41
Total Liabilities 8 124 152 149 156 237 241 244 265 307 307 310
2 74 73 63 60 121 109 105 95 86 112 135
CWIP 2 0 0 0 0 0 4 0 0 0 26 0
Investments 0 0 0 0 0 0 6 6 6 39 34 43
5 50 78 86 96 116 121 133 163 182 135 132
Total Assets 8 124 152 149 156 237 241 244 265 307 307 310

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 -11 9 38 24 -18 44 29 -11 22 65 52
-4 -71 -1 -4 -2 -25 -12 -3 -5 -34 -51 -12
4 84 -8 -34 -22 40 -32 -26 16 13 -15 -41
Net Cash Flow 0 1 0 -0 -1 -3 0 -0 0 1 -0 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 66 23 33 34 30 19 47 33 28 51
Inventory Days 119 35 29 33 82 49 54 72 40 34
Days Payable 21 6 1 14 4 6 8 4 4 7
Cash Conversion Cycle 164 52 60 54 108 62 93 101 64 78
Working Capital Days 217 94 86 82 88 51 68 119 86 90
ROCE % 10% 21% 19% 17% 10% 15% 5% 9% 11% 6%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
64.91% 64.91% 64.91% 64.15% 65.80% 68.99% 71.08% 71.83% 72.87% 73.04% 73.03% 73.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.43% 0.43% 0.43% 0.43%
35.09% 35.09% 35.09% 35.84% 34.21% 31.02% 28.92% 28.17% 26.70% 26.53% 26.54% 26.54%
No. of Shareholders 247239236232224195169146139129131131

* 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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