Precot Ltd

Precot Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Precot Ltd

₹ 409 2.00%
25 Apr - close price
precot.com NSE - BE : PRECOT
About

Incorporated in 1962, Precot Ltd manufactures yarn and technical textile products[1]

Key Points

Business Overview:[1]

<h1>https://www.indiaratings.co.in/pressrelease/63092 #}</h1>

PL is an ISO 9001 and 14001 certified manufacturer of cotton and yarn products which are used for cosmetic, personal hygiene and medical use. It is also a supplier of cotton products to textile mills, manufacturers and brands. Company manufactures compact
cotton yarn in the count ranges of 20s to 60s and also manufactures rolled and finished goods of technical textiles such as bleached cotton,
cotton balls, pads, spunlace fabric, etc.

Website NSE - BE
  • Market Cap ₹ 491 Cr.
  • Current Price ₹ 409
  • High / Low ₹ 409 / 148
  • Stock P/E
  • Book Value ₹ 334
  • Dividend Yield 0.00 %
  • ROCE 0.13 %
  • ROE -6.69 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 6.11% over past five years.
  • Company has a low return on equity of 9.52% over last 3 years.
  • Dividend payout has been low at 2.28% 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 - Cotton/Blended

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
178.52 218.69 173.78 252.61 281.83 285.06 253.47 235.36 227.00 238.00 224.22 266.31 227.72
154.63 175.14 139.57 197.72 225.20 242.02 218.13 222.00 247.93 238.01 216.99 250.00 210.00
Operating Profit 23.89 43.55 34.21 54.89 56.63 43.04 35.34 13.36 -20.93 -0.01 7.23 16.31 17.72
OPM % 13.38% 19.91% 19.69% 21.73% 20.09% 15.10% 13.94% 5.68% -9.22% -0.00% 3.22% 6.12% 7.78%
1.65 2.03 2.00 2.14 0.52 1.83 1.46 0.62 1.46 3.70 2.48 -0.51 1.99
Interest 7.90 8.30 8.62 7.60 4.70 8.06 10.10 9.47 8.68 7.88 9.74 11.85 8.09
Depreciation 8.22 8.23 8.21 8.16 8.18 7.97 8.06 8.39 8.55 8.40 7.39 5.03 5.12
Profit before tax 9.42 29.05 19.38 41.27 44.27 28.84 18.64 -3.88 -36.70 -12.59 -7.42 -1.08 6.50
Tax % 0.00% 0.00% 17.29% 24.98% 22.75% 15.95% 25.21% 19.33% 23.87% 29.31% 58.36% 0.00% -35.54%
9.42 29.05 16.03 30.96 34.20 24.25 13.95 -3.13 -27.94 -8.90 -3.09 -1.08 8.81
EPS in Rs 7.85 24.21 13.36 25.80 28.50 20.21 11.62 -2.61 -23.28 -7.42 -2.58 -0.90 7.34
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
603 669 738 747 684 679 709 790 726 665 993 954 956
625 592 656 725 654 650 687 732 677 571 803 924 915
Operating Profit -22 77 82 22 30 29 22 59 49 94 190 30 41
OPM % -4% 12% 11% 3% 4% 4% 3% 7% 7% 14% 19% 3% 4%
5 11 12 17 -8 25 47 6 11 6 6 7 8
Interest 30 27 33 35 39 44 42 42 40 34 30 38 38
Depreciation 30 30 39 37 38 34 33 31 33 33 33 33 26
Profit before tax -77 31 21 -32 -56 -24 -6 -8 -13 33 134 -35 -15
Tax % 26% 40% -48% -1% 0% 0% 0% 0% -28% 0% 21% 25%
-57 19 30 -33 -56 -24 -6 -8 -17 33 105 -26 -4
EPS in Rs -50.77 15.60 25.37 -27.20 -46.27 -19.69 -4.81 -6.89 -13.77 27.46 87.85 -21.68 -3.56
Dividend Payout % 0% 0% 8% 0% 0% 0% 0% 0% 0% 0% 7% 0%
Compounded Sales Growth
10 Years: 4%
5 Years: 6%
3 Years: 10%
TTM: -4%
Compounded Profit Growth
10 Years: %
5 Years: 7%
3 Years: -28%
TTM: -134%
Stock Price CAGR
10 Years: 19%
5 Years: 55%
3 Years: 53%
1 Year: 126%
Return on Equity
10 Years: -3%
5 Years: 5%
3 Years: 10%
Last Year: -7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 7 8 12 12 12 12 12 12 12 12 12 12 12
Reserves 109 131 148 122 66 337 331 324 298 330 432 394 389
297 439 448 383 399 352 380 354 308 329 360 379 339
57 69 86 56 70 110 101 97 113 87 129 122 108
Total Liabilities 471 647 694 573 547 811 824 787 732 758 933 907 848
232 209 364 336 314 557 533 512 470 444 433 447 445
CWIP 12 164 0 1 1 5 1 2 1 3 32 3 12
Investments 27 23 30 16 16 16 17 18 11 11 12 9 14
200 250 299 220 216 233 272 255 249 301 456 447 377
Total Assets 471 647 694 573 547 811 824 787 732 758 933 907 848

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
166 29 35 91 29 20 11 75 61 26 56 49
-48 -146 -20 11 -7 67 3 -15 13 -16 -64 -36
-121 119 -22 -104 -23 -87 -17 -68 -82 -17 1 -23
Net Cash Flow -3 3 -7 -2 -1 0 -3 -8 -8 -7 -7 -10

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 19 23 21 20 25 26 38 37 45 56 51 45
Inventory Days 114 155 171 76 124 131 127 103 106 134 180 142
Days Payable 26 12 20 13 20 20 29 22 38 30 29 37
Cash Conversion Cycle 107 166 172 83 129 137 135 117 112 159 203 150
Working Capital Days 56 70 80 43 41 38 90 61 67 116 120 115
ROCE % -10% 10% 8% -2% -1% 2% -1% 5% 4% 10% 22% 0%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
61.50% 61.50% 61.50% 61.50% 61.50% 61.51% 61.51% 61.51% 61.51% 61.51% 61.51% 61.51%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.27%
0.01% 0.01% 0.11% 0.07% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
38.49% 38.49% 38.38% 38.42% 38.49% 38.49% 38.49% 38.49% 38.49% 38.49% 38.49% 38.23%
No. of Shareholders 5,7436,3875,8886,0636,1056,2746,3856,3576,1916,3356,4005,721

* 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.

Documents

Announcements

Annual reports

Credit ratings

Concalls

  • Feb 2024
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  • Nov 2023
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  • Aug 2023
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  • May 2023
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