Sanathan Textiles Ltd
Incorporated in 2005, Sanathan Textiles
Ltd manufactures and exports polyester
yarn, cotton yarn and yarn for technical
textile[1]
- Market Cap ₹ 2,710 Cr.
- Current Price ₹ 321
- High / Low ₹ 423 / 287
- Stock P/E 19.5
- Book Value ₹ 163
- Dividend Yield 0.00 %
- ROCE 14.7 %
- ROE 11.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company's working capital requirements have reduced from 33.8 days to 25.1 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 2,340 | 2,117 | 1,918 | 3,185 | 3,329 | 2,957 | |
| 2,098 | 1,896 | 1,582 | 2,640 | 3,060 | 2,723 | |
| Operating Profit | 243 | 221 | 337 | 545 | 269 | 234 |
| OPM % | 10% | 10% | 18% | 17% | 8% | 8% |
| 6 | 7 | 15 | 16 | 18 | 29 | |
| Interest | 60 | 51 | 59 | 40 | 31 | 30 |
| Depreciation | 98 | 103 | 40 | 42 | 43 | 44 |
| Profit before tax | 91 | 74 | 253 | 479 | 213 | 189 |
| Tax % | 35% | 38% | 27% | 26% | 27% | 25% |
| 59 | 46 | 186 | 356 | 156 | 141 | |
| EPS in Rs | 8.24 | 6.40 | 25.80 | 49.42 | 21.71 | 19.64 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 16% |
| TTM: | -11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | -9% |
| TTM: | -10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 21% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 72 | 72 | 72 | 72 | 72 | 72 | 72 |
| Reserves | 341 | 372 | 559 | 915 | 1,072 | 1,214 | 1,301 |
| 589 | 650 | 541 | 378 | 281 | 219 | 202 | |
| 325 | 358 | 466 | 427 | 481 | 521 | 514 | |
| Total Liabilities | 1,327 | 1,452 | 1,639 | 1,792 | 1,906 | 2,026 | 2,089 |
| 833 | 903 | 888 | 881 | 849 | 827 | 817 | |
| CWIP | 15 | 1 | 1 | 2 | 8 | 12 | 34 |
| Investments | 0 | 0 | 0 | 78 | 258 | 430 | 470 |
| 479 | 548 | 750 | 830 | 791 | 757 | 768 | |
| Total Assets | 1,327 | 1,452 | 1,639 | 1,792 | 1,906 | 2,026 | 2,089 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 141 | 142 | 240 | 296 | 342 | 249 | |
| -43 | -199 | -54 | -99 | -235 | -150 | |
| -126 | 39 | -162 | -198 | -126 | -85 | |
| Net Cash Flow | -28 | -18 | 24 | -1 | -19 | 15 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 24 | 17 | 25 | 16 | 16 | 15 |
| Inventory Days | 62 | 97 | 80 | 61 | 67 | |
| Days Payable | 63 | 116 | 56 | 57 | 70 | |
| Cash Conversion Cycle | 24 | 17 | 6 | 40 | 20 | 12 |
| Working Capital Days | 10 | 35 | 50 | 48 | 29 | 25 |
| ROCE % | 12% | 27% | 41% | 17% | 15% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
12 Mar - The Management of Sanathan Textiles will be meeting Investors / Analyst in person on March 17 and March 18, 2025.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Mar - Newspaper Publication for the intimation of the postal ballot notice.
-
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
7 Mar - Postal ballot notice for Employee Stock Option Plan.
-
Intimation For Change Of Corporate Identification Number (CIN) And Listing Status Of Sanathan Textiles Limited ('The Company').
4 Mar - Change of Corporate Identification Number and listing status.
-
Record Date Has Been Fixed By The Company For Initiating The Postal Ballot Process.
28 Feb - Intimation of postal ballot for ESOP approval.
Concalls
-
Feb 2025TranscriptPPT
-
Jan 2025TranscriptPPT
Business Overview:[1]
STL is a polyester yarn manufacturer and a global supplier of Cotton Yarns, Polyester Yarns and Yarns for Technical Textiles. Company has catered to 2,588 customers selling products such as apparel, home furnishings, luggage, ropes, geogrid fabrics, seatbelts, upholstery, sportswear, innerwear, umbrellas, personal protective equipment, pipes, all made from
its yarns.