SKS Textiles Ltd

SKS Textiles Ltd

₹ 13.0 -0.76%
26 Dec 2023
About

Incorporated in 1997, S K S Textiles Ltd is in the business of Textile Manufacturing and Trading[1]

Key Points

Business Overview:[1]
Company manufactures grey fabrics and finished fabrics from natural and man-made fibres specializing in 100% cotton, Giza, Supima, cotton blended fabrics, polyester viscose and polyester cotton, etc. for shirting, suiting, and other accessories for its own brand and also on outsourcing basis for other fabric/ garment companies

  • Market Cap 4.25 Cr.
  • Current Price 13.0
  • High / Low 17.4 / 13.0
  • Stock P/E
  • Book Value -167
  • Dividend Yield 0.00 %
  • ROCE -42.6 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -67.3% over past five years.
  • Company has high debtors of 12,243 days.
  • Promoter holding has decreased over last 3 years: -20.9%
  • Working capital days have increased from 1,418 days to 3,897 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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Quarterly Results

Figures in Rs. Crores

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
92 106 119 131 147 157 163 174 188 22 1
91 104 111 123 138 148 153 164 191 80 9
Operating Profit 1 2 9 7 9 9 10 10 -4 -59 -8
OPM % 1% 2% 7% 6% 6% 5% 6% 6% -2% -272% -1,346%
0 0 1 1 1 2 1 1 0 -1 1
Interest 0 0 6 5 6 6 6 6 6 7 3
Depreciation 0 0 2 2 1 2 2 2 2 2 1
Profit before tax 1 2 2 2 3 3 3 3 -11 -68 -12
Tax % 31% 29% 32% 28% 44% 40% 36% 27% 2% 2% 1%
1 1 1 1 1 2 2 2 -11 -67 -11
EPS in Rs 12.86 16.99 10.62 10.62 14.13 15.59 6.01 7.12 -32.92 -206.39 -35.19
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -40%
5 Years: -67%
3 Years: -85%
TTM: -97%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 82%
Stock Price CAGR
10 Years: %
5 Years: -18%
3 Years: -20%
1 Year: -25%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity Capital 1 1 1 1 1 1 3 3 3 3 3
Reserves 15 20 25 26 27 28 35 37 26 -41 -53
22 27 40 38 45 47 45 48 54 63 64
7 9 18 20 31 25 33 22 39 19 18
Total Liabilities 45 57 84 85 105 102 116 110 122 44 33
12 11 24 19 19 18 17 15 13 9 8
CWIP 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0
32 46 61 65 85 83 99 95 109 35 25
Total Assets 45 57 84 85 105 102 116 110 122 44 33

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
0 0 2 4 1 -4 -0 0 -1 0 0
0 0 1 3 -1 1 1 1 1 0 0
0 0 -2 -8 1 2 -0 -1 0 0 0
Net Cash Flow 0 0 0 -0 1 -1 -0 0 0 0 0

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 48 81 72 58 94 79 93 75 90 460 12,243
Inventory Days 109 117 106 108 126 128 3 860
Days Payable 55 53 74 51 68 39 100 35,666
Cash Conversion Cycle 48 81 126 123 126 136 151 163 90 363 -22,562
Working Capital Days 104 126 129 127 110 130 144 152 135 221 3,897
ROCE % 4% 10% 12% 12% 11% 10% -5% -110% -43%

Shareholding Pattern

Numbers in percentages

Mar 2023Mar 2024
50.99% 50.99%
49.01% 49.01%
No. of Shareholders 292292

Documents