Sahaj Fashions Ltd

Sahaj Fashions Ltd

₹ 22.0 -4.15%
29 Apr - close price
About
Key Points

Business Profile[1]
The Company manufactures cotton suiting fabric and cotton shirting fabric, polyester-based and cotton-polyester blended fabrics. It also manufactures cotton yarn-dyed fabrics

  • Market Cap 28.9 Cr.
  • Current Price 22.0
  • High / Low 35.4 / 18.7
  • Stock P/E 12.7
  • Book Value 25.6
  • Dividend Yield 0.00 %
  • ROCE 12.5 %
  • ROE 13.3 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.86 times its book value
  • Debtor days have improved from 165 to 119 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -33.3%
  • The company has delivered a poor sales growth of 1.68% over past five years.
  • Company has a low return on equity of 6.69% 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 - Products

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Half Yearly Results

Figures in Rs. Crores

Sep 2023
53
50
Operating Profit 3
OPM % 6%
0
Interest 2
Depreciation 0
Profit before tax 1
Tax % 24%
1
EPS in Rs 0.39
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
111 113 99 75 87 121
101 107 94 69 81 113
Operating Profit 10 6 6 6 6 8
OPM % 9% 5% 6% 7% 6% 7%
1 0 0 0 0 0
Interest 4 4 4 4 4 4
Depreciation 2 2 2 1 1 1
Profit before tax 4 1 0 0 1 3
Tax % 33% 26% 31% 26% 25% 26%
3 0 0 0 0 2
EPS in Rs 190.41 0.53 0.36 0.43 0.57 2.70
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 2%
3 Years: 7%
TTM: 39%
Compounded Profit Growth
10 Years: %
5 Years: -5%
3 Years: 103%
TTM: 440%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 5%
3 Years: 7%
Last Year: 13%

Balance Sheet

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 7 7 7 7 9 13
Reserves 13 6 6 7 7 11 21
34 36 35 40 42 40 39
29 10 16 13 16 13 14
Total Liabilities 76 59 65 67 73 73 87
15 13 11 10 9 8 8
CWIP 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0
62 46 53 57 64 65 79
Total Assets 76 59 65 67 73 73 87

Cash Flows

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-1 -1 4 -1 -1 -1
-0 0 0 0 -0 0
1 2 -5 1 2 1
Net Cash Flow -0 0 -1 0 1 -0

Ratios

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 133 87 132 184 193 119
Inventory Days 79 65 69 104 77 79
Days Payable 108 32 59 65 74 37
Cash Conversion Cycle 104 119 142 223 195 161
Working Capital Days 106 116 137 213 193 151
ROCE % 9% 9% 8% 8% 12%

Shareholding Pattern

Numbers in percentages

8 Recently
Sep 2023Mar 2024
64.65% 64.65%
35.34% 35.34%
No. of Shareholders 668544

Documents