Shri Techtex Ltd
₹ 66.8
-4.16%
29 Apr
2:32 p.m.
- Market Cap ₹ 167 Cr.
- Current Price ₹ 66.8
- High / Low ₹ 106 / 51.5
- Stock P/E 18.3
- Book Value ₹ 32.3
- Dividend Yield 0.00 %
- ROCE 23.1 %
- ROE 35.6 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 49.3%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -29.7%
- Company might be capitalizing the interest cost
- Working capital days have increased from 126 days to 179 days
* 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
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 16.08 | 39.47 | 51.18 | 56.92 | |
| 8.38 | 21.40 | 38.92 | 44.41 | |
| Operating Profit | 7.70 | 18.07 | 12.26 | 12.51 |
| OPM % | 47.89% | 45.78% | 23.95% | 21.98% |
| 0.18 | 0.74 | 0.65 | 1.15 | |
| Interest | 0.72 | 0.88 | 1.17 | 0.81 |
| Depreciation | 1.07 | 1.14 | 1.11 | 1.24 |
| Profit before tax | 6.09 | 16.79 | 10.63 | 11.61 |
| Tax % | 26.60% | 24.60% | 22.20% | 21.53% |
| 4.47 | 12.66 | 8.27 | 9.11 | |
| EPS in Rs | 19.87 | 56.27 | 36.76 | 5.19 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 52% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 27% |
| TTM: | 10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| Last Year: | 36% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 2.25 | 2.25 | 2.25 | 17.55 | 24.95 |
| Reserves | 5.88 | 18.54 | 18.76 | 12.57 | 55.53 |
| 4.88 | 14.99 | 24.52 | 31.89 | 21.04 | |
| 4.65 | 10.74 | 7.30 | 11.85 | 3.38 | |
| Total Liabilities | 17.66 | 46.52 | 52.83 | 73.86 | 104.90 |
| 10.15 | 11.88 | 36.52 | 38.43 | 41.73 | |
| CWIP | 1.04 | 12.24 | 0.01 | 0.94 | 1.24 |
| Investments | 0.00 | 0.04 | 0.05 | 0.07 | 9.70 |
| 6.47 | 22.36 | 16.25 | 34.42 | 52.23 | |
| Total Assets | 17.66 | 46.52 | 52.83 | 73.86 | 104.90 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 0.57 | 3.55 | 21.75 | -7.60 | |
| -0.30 | -13.93 | -13.48 | -3.20 | |
| 0.00 | 10.64 | -8.56 | 11.35 | |
| Net Cash Flow | 0.27 | 0.26 | -0.29 | 0.55 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 45.85 | 103.48 | 71.39 | 75.09 |
| Inventory Days | 67.37 | 55.21 | 117.92 | |
| Days Payable | 166.58 | 71.71 | 46.06 | |
| Cash Conversion Cycle | 45.85 | 4.27 | 54.89 | 146.96 |
| Working Capital Days | 71.73 | 140.56 | 56.55 | 179.42 |
| ROCE % | 72.47% | 28.98% | 23.10% |
Business Profile[1] The company manufactures Polypropylene (PP) Non-Woven Fabric, which is used for ecological applications, especially in fields and industries where disposable or single-use products are necessary, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods.