Shiva Mills Ltd
₹ 92.3
0.00%
26 Apr
4:02 p.m.
- Market Cap ₹ 79.8 Cr.
- Current Price ₹ 92.3
- High / Low ₹ 116 / 67.0
- Stock P/E
- Book Value ₹ 113
- Dividend Yield 0.00 %
- ROCE -6.00 %
- ROE -6.85 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.82 times its book value
- Company's working capital requirements have reduced from 64.7 days to 49.2 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -1.25% over past five years.
- Company has a low return on equity of 6.60% 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 - Spinning - Synthetic / Blended
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
-0 | 170 | 169 | 175 | 164 | 139 | 213 | 159 | 149 | |
-0 | 148 | 153 | 156 | 152 | 119 | 183 | 161 | 148 | |
Operating Profit | -0 | 21 | 16 | 20 | 12 | 20 | 30 | -2 | 0 |
OPM % | 13% | 10% | 11% | 7% | 15% | 14% | -1% | 0% | |
-0 | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | |
Interest | -0 | 6 | 6 | 8 | 6 | 3 | 1 | 1 | 0 |
Depreciation | -0 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 7 |
Profit before tax | -0 | 10 | 6 | 8 | 2 | 12 | 24 | -7 | -6 |
Tax % | 57% | 35% | 13% | 24% | 30% | 28% | 4% | ||
-0 | 4 | 4 | 7 | 1 | 9 | 18 | -7 | -6 | |
EPS in Rs | 4.48 | 7.64 | 1.32 | 9.89 | 20.44 | -8.29 | -6.48 | ||
Dividend Payout % | 0% | 31% | 18% | -0% | 10% | 6% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -1% |
3 Years: | -1% |
TTM: | -20% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -2700% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 27% |
1 Year: | 12% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 7% |
Last Year: | -7% |
Balance Sheet
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
Reserves | -0 | 75 | 69 | 74 | 74 | 82 | 99 | 91 | 89 |
-0 | 67 | 57 | 54 | 40 | 4 | 8 | -0 | 7 | |
0 | 24 | 24 | 19 | 18 | 20 | 16 | 16 | 13 | |
Total Liabilities | 0 | 167 | 159 | 155 | 141 | 115 | 132 | 116 | 117 |
-0 | 83 | 81 | 80 | 76 | 70 | 66 | 65 | 66 | |
CWIP | -0 | 0 | 0 | -0 | -0 | -0 | -0 | 3 | -0 |
Investments | -0 | 0 | 0 | 0 | 0 | -0 | 0 | 1 | 1 |
0 | 84 | 78 | 75 | 65 | 44 | 66 | 47 | 50 | |
Total Assets | 0 | 167 | 159 | 155 | 141 | 115 | 132 | 116 | 117 |
Cash Flows
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
-0 | 7 | 19 | 18 | 16 | 43 | -3 | 27 | |
-0 | -6 | -5 | -3 | -1 | -0 | -1 | -8 | |
-0 | 2 | -18 | -12 | -20 | -39 | 2 | -10 | |
Net Cash Flow | -0 | 3 | -3 | 3 | -4 | 3 | -2 | 9 |
Ratios
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 44 | 43 | 56 | 59 | 28 | 26 | 33 | |
Inventory Days | 154 | 144 | 123 | 105 | 108 | 116 | 43 | |
Days Payable | 33 | 48 | 23 | 22 | 29 | 6 | 14 | |
Cash Conversion Cycle | 165 | 139 | 156 | 141 | 107 | 136 | 62 | |
Working Capital Days | 107 | 113 | 109 | 104 | 59 | 85 | 49 | |
ROCE % | 23% | 9% | 11% | 6% | 14% | 24% | -6% |
Documents
Announcements
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 17 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 17 Apr
- Certificate Pursuant To Regulation 40 (10) Of The SEBI LODR, Regulations, 2015 For The Year Ended 31.3.2024 12 Apr
- Compliance Certificate - Regulation 7(3) Of SEBI (LODR) Regulations, 2015, For The Year Ended 31.3.2024. 10 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Certificate under Regulation 74(5) of the SEBI ( Depositories and Participants) Regulations, 2018 for the quarter ended 31.3.2024.
Business Overview:[1][2]
SML belongs to the Coimbatore-based Bannari Amman Group (BAG). It was formed to takeover assets and liabilities of Spinning Unit and certain windmills under the Scheme of Arrangement. Company exports ~30% of cotton yarn produced to far east countries