Pashupati Cotspin Ltd
Incorporated in 2017, Pashupati Cotspin
Ltd Cotton does ginning, manufacture
and processing of yarn[1]
- Market Cap ₹ 810 Cr.
- Current Price ₹ 530
- High / Low ₹ 530 / 85.0
- Stock P/E 97.6
- Book Value ₹ 72.9
- Dividend Yield 0.14 %
- 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 7.27 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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: | 51% |
3 Years: | 84% |
1 Year: | 314% |
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% |
Documents
Announcements
-
Shareholders meeting
10 September 2024 - Pashupati Cotspin Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed regarding voting results.
-
Clarification - Financial Results
10 September 2024 - Exchange has sought clarification from Pashupati Cotspin Limited for the quarter ended 30-Jun-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
-
Notice Of Shareholders Meetings-XBRL
8 September 2024 - PASHUPATI COTSPIN LIMITED has informed about Notice of Shareholders Meeting for Annual General Meeting to be held on 30-Sep-2024
-
Shareholders meeting
7 September 2024 - Pashupati Cotspin Limited has informed regarding Notice of Annual General Meeting to be held on September 30, 2024
-
Book Closure
7 September 2024 - Register of Members & Share Transfer Books of the Company will remain closed from 24-Sep-2024 to 30-Sep-2024 for the purpose of Dividend.
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