Shri Techtex Ltd

Shri Techtex Ltd

₹ 63.5 -3.93%
28 May - close price
About

Shri Techtex is engaged manufactures Polypropylene (PP) Non-Woven Fabric.[1]

Key Points

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.

  • Market Cap 158 Cr.
  • Current Price 63.5
  • High / Low 106 / 51.5
  • Stock P/E 12.9
  • Book Value 33.6
  • Dividend Yield 0.00 %
  • ROCE 31.0 %
  • ROE 40.8 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 38.7%

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.

Peer comparison

Sector: Textiles Industry: Textiles - Products

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Half Yearly Results

Figures in Rs. Crores

Sep 2023 Mar 2024
42 35
33 24
Operating Profit 8 11
OPM % 20% 32%
0 1
Interest 1 1
Depreciation 1 1
Profit before tax 7 10
Tax % 23% 31%
5 7
EPS in Rs 2.09 2.83
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
16 39 51 57 76
8 21 39 44 57
Operating Profit 8 18 12 13 19
OPM % 48% 46% 24% 22% 26%
0 1 1 1 2
Interest 1 1 1 1 2
Depreciation 1 1 1 1 2
Profit before tax 6 17 11 12 17
Tax % 27% 25% 22% 22% 27%
4 13 8 9 12
EPS in Rs 19.87 56.27 36.76 5.19 4.92
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 25%
TTM: 34%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -1%
TTM: 35%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 39%
Last Year: 41%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 2 2 2 18 25
Reserves 6 19 19 13 59
5 15 25 32 11
5 11 7 12 5
Total Liabilities 18 47 53 74 100
10 12 37 38 46
CWIP 1 12 0 1 0
Investments 0 0 0 0 13
6 22 16 34 40
Total Assets 18 47 53 74 100

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1 4 22 -8 8
-0 -14 -13 -3 -22
0 11 -9 11 15
Net Cash Flow 0 0 -0 1 2

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 46 103 71 75
Inventory Days 67 55 118
Days Payable 167 72 46
Cash Conversion Cycle 46 4 55 147
Working Capital Days 72 141 57 179
ROCE % 72% 29% 23%

Shareholding Pattern

Numbers in percentages

Sep 2023Mar 2024
70.34% 70.34%
3.31% 3.36%
4.82% 0.39%
21.53% 25.91%
No. of Shareholders 1,0711,152

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents