Sanathan Textiles Ltd
Incorporated in 2005, Sanathan Textiles
Ltd manufactures and exports polyester
yarn, cotton yarn and yarn for technical
textile[1]
- Market Cap ₹ 3,539 Cr.
- Current Price ₹ 419
- High / Low ₹ 465 / 287
- Stock P/E 27.0
- Book Value ₹ 161
- Dividend Yield 0.00 %
- ROCE 13.5 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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
Part of BSE Consumer Discretionary BSE SmallCap BSE IPO BSE Allcap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 3,185 | 3,329 | 2,958 | |
| 2,640 | 3,061 | 2,724 | |
| Operating Profit | 545 | 268 | 233 |
| OPM % | 17% | 8% | 8% |
| 16 | 16 | 22 | |
| Interest | 40 | 31 | 30 |
| Depreciation | 42 | 43 | 44 |
| Profit before tax | 479 | 209 | 181 |
| Tax % | 26% | 27% | 26% |
| 355 | 153 | 134 | |
| EPS in Rs | 49.40 | 21.23 | 18.61 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
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| TTM: | -11% |
| Compounded Profit Growth | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| TTM: | -13% |
| Stock Price CAGR | |
|---|---|
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| Return on Equity | |
|---|---|
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| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|
| Equity Capital | 72 | 72 | 72 | 72 |
| Reserves | 915 | 1,068 | 1,203 | 1,286 |
| 378 | 281 | 380 | 953 | |
| 428 | 486 | 549 | 542 | |
| Total Liabilities | 1,793 | 1,907 | 2,204 | 2,852 |
| 897 | 950 | 931 | 921 | |
| CWIP | 2 | 21 | 141 | 772 |
| Investments | 55 | 48 | 107 | 66 |
| 839 | 888 | 1,025 | 1,093 | |
| Total Assets | 1,793 | 1,907 | 2,204 | 2,852 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 295 | 362 | 192 | |
| -96 | -235 | -245 | |
| -199 | -126 | 74 | |
| Net Cash Flow | -1 | 1 | 21 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | 16 | 16 | 16 |
| Inventory Days | 80 | 61 | 69 |
| Days Payable | 56 | 57 | 75 |
| Cash Conversion Cycle | 40 | 19 | 10 |
| Working Capital Days | 48 | 26 | 29 |
| ROCE % | 17% | 14% |
Documents
Announcements
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
28 Apr - Sanathan Textiles confirms non-applicability as Large Corporate for FY ending March 31, 2025.
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Intimation Under Regulation 30
22 Apr - Grant of 81,500 ESOPs and modification of 229,513 ESOPs at Rs 426.15 exercise price; senior management title changes.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
9 Apr - Voting results for Employee Stock Option Plan approved.
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Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
9 Apr - Voting results for Employee Stock Option Plan approved.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Certificate under SEBI regulations for Q1 2025.
Concalls
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Mar 2025TranscriptNotesPPT
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Feb 2025TranscriptPPT
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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.