Spentex Industries Ltd

Spentex Industries Ltd

₹ 2.80 1.82%
11 Jan 2024
About

Incorporated in 1991, CLC Industries Ltd (formerly Spentex Industries Ltd) manufactures and trades Yarn[1]

Key Points

Product Profile:[1]
a) Hosiery Yarn: Single and Plied Yarns, Cotton Hosiery, Melange, Blends, Siro / Jaspe Yarn & Siro / Jaspe Slub Yarn
b) Weaving Yarn: Cotton Weaving, Blends, Single yarns, Polyester Viscose Siro Yarn
c) Carpet Yarn: Blends of 100% Polyester, 100% Viscose, Poly / Cotton Carded
d) Sewing Thread: 100% Polyester yarns
e) Fancy Yarns: Slub Yarns, Neppy Yarns (P/C, Cotton, 100% Poly), Tri Blend, Poly / Modal, Viscose / Linen Blend, etc.
f) Flat Knitting: Blends of Acrylic / Cotton, Acrylic / Viscose, Polyester / Cotton Combed
& Carded (Blow Room Blended)
f) Industrial Yarn: Blends of 100% Polyester, Polyester / Cotton

  • Market Cap 25.1 Cr.
  • Current Price 2.80
  • High / Low 3.55 / 1.10
  • Stock P/E
  • Book Value -61.1
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Contingent liabilities of Rs.96.7 Cr.
  • Promoters have pledged 100% of their holding.

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019
211 161 196 141 138 98 106 92 69 56 29 13 12
221 178 233 151 138 112 114 91 82 69 61 27 27
Operating Profit -10 -17 -37 -10 0 -13 -8 1 -14 -13 -33 -14 -16
OPM % -5% -11% -19% -7% 0% -13% -7% 1% -20% -24% -113% -109% -133%
2 1 51 1 0 -96 -16 2 8 2 41 4 6
Interest 20 20 -15 2 3 3 1 2 2 0 1 2 1
Depreciation 3 3 3 3 3 2 3 3 3 2 2 2 2
Profit before tax -31 -39 27 -14 -5 -114 -28 -2 -11 -14 5 -15 -13
Tax % 0% 0% 0% 0% 0% 0% 2% 0% 0% 0% 0% 0% 0%
-31 -39 27 -14 -5 -114 -28 -2 -11 -14 5 -15 -13
EPS in Rs -3.43 -4.35 2.96 -1.60 -0.56 -12.67 -3.07 -0.19 -1.18 -1.54 0.55 -1.62 -1.42
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2022 Mar 2023
730 1,060 967 1,129 1,142 890 798 778 480 245 0 0
698 912 1,014 1,023 1,067 878 800 842 518 300 2 2
Operating Profit 32 148 -46 106 75 11 -2 -65 -37 -55 -2 -2
OPM % 4% 14% -5% 9% 7% 1% -0% -8% -8% -22%
50 4 -33 18 13 17 9 58 -110 51 0 0
Interest 69 80 85 77 81 79 77 51 10 7 0 0
Depreciation 35 34 33 26 18 12 11 11 11 10 9 9
Profit before tax -22 38 -198 21 -12 -62 -81 -68 -168 -21 -11 -11
Tax % -0% 0% -2% 0% 0% -1% 0% 0% 0% 0% 0% 0%
-22 38 -201 21 -12 -63 -81 -68 -168 -21 -11 -11
EPS in Rs -3.03 4.61 -24.19 2.33 -1.32 -6.99 -9.01 -7.63 -18.68 -2.36 -1.28 -1.22
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: 12%
3 Years: %
TTM: 5%
Stock Price CAGR
10 Years: -3%
5 Years: 9%
3 Years: 55%
1 Year: 133%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2022 Mar 2023
Equity Capital 74 81 83 88 90 90 90 90 90 90 90 90
Reserves -5 38 -163 -142 -154 -207 -288 -356 -527 -560 -627 -638
520 466 486 492 480 442 565 523 525 522 536 536
142 207 181 189 190 218 157 172 166 192 214 216
Total Liabilities 731 791 588 628 606 542 524 428 254 244 212 203
296 273 242 220 205 193 183 173 163 153 124 115
CWIP 0 1 0 0 0 0 0 0 0 0 0 0
Investments 78 77 77 77 77 77 77 20 0 0 0 0
356 440 268 331 323 272 263 235 91 91 88 88
Total Assets 731 791 588 628 606 542 524 428 254 244 212 203

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2022 Mar 2023
41 99 76 61 91 104 2 61 7 7 -4 -0
6 1 -1 -3 -2 -0 -0 1 1 -0 0 0
-46 -104 -75 -56 -90 -106 -0 -63 -7 -7 0 0
Net Cash Flow 2 -3 0 2 -2 -1 1 -1 1 -1 -4 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2022 Mar 2023
Debtor Days 55 26 17 13 11 13 21 18 7 9
Inventory Days 41 71 22 43 49 36 30 35 25 13
Days Payable 86 83 60 61 54 87 35 54 66 142
Cash Conversion Cycle 10 14 -21 -6 5 -38 16 -1 -34 -121
Working Capital Days 106 11 -39 -25 -20 -61 -102 -24 -205 -479
ROCE % 8% 23% -13% 24% 16% 4% -1% 1% -21% -27%

Shareholding Pattern

Numbers in percentages

Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Jun 2023Sep 2023Dec 2023Mar 2024
42.10% 42.10% 42.10% 42.10% 42.10% 42.10% 42.10% 42.10% 42.10% 42.10% 42.10% 42.10%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.02% 0.02% 0.02% 0.02%
57.87% 57.87% 57.87% 57.87% 57.87% 57.87% 57.87% 57.87% 57.87% 57.85% 57.87% 57.87%
No. of Shareholders 36,40136,39536,23836,17836,08735,94235,88235,88736,43636,24636,02135,933

* 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.

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