Reliance Chemotex Industries Ltd
Incorporated in 1977, Reliance Chemotex Industries Ltd manufactures and sells
Synthetic & blended Yarn[1]
- Market Cap ₹ 151 Cr.
- Current Price ₹ 201
- High / Low ₹ 350 / 160
- Stock P/E 27.4
- Book Value ₹ 176
- Dividend Yield 1.24 %
- ROCE 10.7 %
- ROE 10.0 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.14 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.10% over past five years.
- Company has a low return on equity of 11.8% over last 3 years.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -4.97%
* 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 - Spinning - Synthetic / Blended
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
199 | 204 | 250 | 235 | 257 | 291 | 285 | 323 | 300 | 256 | 362 | 365 | 345 | |
181 | 185 | 227 | 224 | 238 | 269 | 265 | 298 | 271 | 232 | 317 | 330 | 312 | |
Operating Profit | 18 | 19 | 23 | 11 | 19 | 22 | 19 | 26 | 28 | 23 | 45 | 35 | 32 |
OPM % | 9% | 9% | 9% | 5% | 7% | 8% | 7% | 8% | 9% | 9% | 12% | 10% | 9% |
-0 | 3 | 3 | 17 | 3 | 4 | 1 | 2 | 1 | 4 | 3 | 6 | 4 | |
Interest | 10 | 9 | 11 | 13 | 13 | 14 | 12 | 13 | 11 | 10 | 12 | 14 | 19 |
Depreciation | 5 | 5 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 8 | 9 | 10 | 10 |
Profit before tax | 3 | 8 | 9 | 9 | 2 | 5 | 1 | 8 | 11 | 10 | 27 | 17 | 7 |
Tax % | 24% | 22% | 40% | 28% | -48% | -35% | -217% | 49% | 13% | 33% | 34% | 26% | |
2 | 6 | 6 | 7 | 3 | 6 | 3 | 4 | 9 | 7 | 18 | 12 | 6 | |
EPS in Rs | 3.04 | 7.93 | 7.08 | 8.14 | 3.16 | 8.10 | 3.25 | 5.11 | 12.37 | 9.19 | 24.03 | 16.46 | 7.32 |
Dividend Payout % | 16% | 6% | 7% | 6% | 16% | 6% | 15% | 15% | 8% | 22% | 10% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | 7% |
TTM: | -11% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 37% |
3 Years: | 11% |
TTM: | -66% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 25% |
3 Years: | 31% |
1 Year: | 17% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 11% |
3 Years: | 12% |
Last Year: | 10% |
Balance Sheet
Figures in Rs. Crores
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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 8 | 8 | 8 | 8 | 8 |
Reserves | 21 | 25 | 29 | 32 | 32 | 64 | 66 | 63 | 91 | 97 | 114 | 124 | 125 |
Preference Capital | 13 | 19 | 20 | 23 | 23 | 0 | 23 | 23 | 0 | 0 | 0 | 0 | |
59 | 69 | 65 | 84 | 90 | 95 | 71 | 59 | 65 | 97 | 128 | 199 | 249 | |
44 | 50 | 57 | 71 | 76 | 64 | 87 | 92 | 65 | 61 | 84 | 66 | 71 | |
Total Liabilities | 128 | 148 | 154 | 191 | 201 | 227 | 228 | 218 | 227 | 263 | 333 | 397 | 452 |
67 | 66 | 82 | 107 | 109 | 152 | 145 | 140 | 136 | 148 | 181 | 196 | 191 | |
CWIP | 2 | 17 | 2 | 2 | 1 | 0 | 0 | 0 | 6 | 1 | 10 | 39 | 84 |
Investments | 8 | 3 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
51 | 62 | 66 | 79 | 91 | 76 | 82 | 79 | 85 | 113 | 142 | 162 | 176 | |
Total Assets | 128 | 148 | 154 | 191 | 201 | 227 | 228 | 218 | 227 | 263 | 333 | 397 | 452 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11 | 7 | 17 | 0 | 12 | 32 | 11 | 26 | 22 | 27 | 59 | -0 | |
-5 | -18 | -5 | -27 | -6 | -2 | -0 | -0 | -8 | -43 | -74 | -51 | |
-5 | 10 | -14 | 28 | -6 | -30 | -11 | -26 | -13 | 15 | 14 | 55 | |
Net Cash Flow | 0 | -1 | -2 | 1 | 0 | -0 | -1 | -0 | 1 | -0 | -0 | 4 |
Ratios
Figures in Rs. Crores
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 | 22 | 20 | 26 | 21 | 30 | 23 | 22 | 20 | 16 | 15 | 5 | 7 |
Inventory Days | 72 | 71 | 58 | 93 | 102 | 85 | 97 | 74 | 82 | 138 | 91 | 87 |
Days Payable | 50 | 37 | 47 | 70 | 84 | 79 | 84 | 70 | 65 | 58 | 57 | 28 |
Cash Conversion Cycle | 44 | 53 | 37 | 44 | 48 | 30 | 36 | 24 | 33 | 95 | 40 | 67 |
Working Capital Days | 12 | 36 | 31 | 37 | 34 | 8 | 18 | 16 | 27 | 47 | 18 | 50 |
ROCE % | 14% | 16% | 17% | 16% | 10% | 12% | 8% | 13% | 14% | 11% | 19% | 11% |
Documents
Announcements
- Corporate Action-Board to consider Dividend 13 May
- Board Meeting Intimation for Approval Of The Audited Financial Results Of The Company For The Quarter And Financial Year Ended On March 31, 2024 And To Take On Record The Auditor'S Report Thereon. 13 May
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 10 May
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 10 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 26 Apr
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Concalls
-
Aug 2023TranscriptNotesPPT
-
May 2023TranscriptNotesPPT
-
Feb 2023TranscriptNotesPPT
-
Nov 2022TranscriptNotesPPT
-
Aug 2022TranscriptNotesPPT
-
Jun 2022TranscriptNotesPPT
-
May 2022TranscriptNotesPPT
-
Feb 2022TranscriptNotesPPT
-
Nov 2021TranscriptNotesPPT
-
Mar 2021TranscriptNotesPPT
-
Nov 2019TranscriptNotesPPT
-
Sep 2019TranscriptNotesPPT
-
Jun 2019TranscriptNotesPPT
-
Apr 2019TranscriptNotesPPT
-
Nov 2018TranscriptNotesPPT
-
May 2018TranscriptNotesPPT
-
May 2018TranscriptNotesPPT
-
Feb 2018TranscriptNotesPPT
-
Feb 2018TranscriptNotesPPT
-
Dec 2017TranscriptNotesPPT
-
Sep 2017TranscriptNotesPPT
-
Jun 2017TranscriptNotesPPT
Product Profile:[1]
a) Home Furnishing Yarns:
Artificial Silk Carpets, Conveyor Belts, Towels, Raised and Flat Upholstery, Artificial Leather, Ecru Polyester Yarn for Automotive, Mattress Ticking, Sheeting, and Covers.
b) Industrial Yarns:
Awnings, School Uniforms, Shawls, Medical Aids, Dyed Chenille Yarns for Home Textiles, Sweater Knitting, Dyed Chenille Yarns for Home Textiles, Mélange Yarns for Apparel, Vinyl Flooring, Dyed Polyester /Viscose Yarn for Apparel, Narrow Fabrics.
c) Apparel Yarns:
Knitwear, Ecru Viscose Yarn for Apparel,
Dyed Chenille Yarns for Home Textiles,
Dyed Viscose Yarns for Carpets, Suiting