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 / 0.85
  • Stock P/E
  • Book Value -100
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -26.5% over past five years.
  • 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2007 Dec 2007 Mar 2008 Jun 2008 Sep 2008 Dec 2008 Mar 2009 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019
349 360 387 357 344 250 267 92 69 56 29 13 12
321 355 361 351 377 289 279 91 83 67 61 27 27
Operating Profit 28 5 26 6 -33 -39 -12 1 -14 -11 -33 -14 -16
OPM % 8% 1% 7% 2% -10% -16% -4% 1% -20% -20% -113% -109% -133%
12 17 7 16 3 2 -1 2 8 -2 41 4 6
Interest 24 24 26 25 24 25 24 6 6 2 5 6 1
Depreciation 20 19 19 20 20 20 20 3 3 2 2 2 2
Profit before tax -3 -21 -12 -22 -73 -83 -57 -6 -14 -18 1 -19 -13
Tax % 97% 26% 15% -0% -0% -0% -15% -0% -0% -0% -0% -0% -0%
-0 -16 -11 -22 -73 -83 -65 -6 -14 -18 1 -19 -13
EPS in Rs 0.07 -2.19 -1.38 -2.91 -9.92 -11.31 -8.90 -0.62 -1.60 -1.96 0.13 -2.07 -1.43
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
1,312 1,194 1,221 1,638 1,090 1,190 1,142 910 798 781 480 245 109
1,293 1,294 1,238 1,497 1,179 1,098 1,070 908 809 851 518 300 182
Operating Profit 19 -100 -17 141 -89 92 71 2 -10 -71 -37 -55 -73
OPM % 1% -8% -1% 9% -8% 8% 6% 0% -1% -9% -8% -22% -67%
114 42 128 28 -9 29 15 19 9 -162 -47 51 50
Interest 93 98 80 93 97 89 92 90 89 62 21 22 14
Depreciation 75 79 75 74 78 75 22 15 15 14 11 10 10
Profit before tax -35 -234 -45 2 -274 -43 -28 -85 -105 -309 -116 -36 -48
Tax % 32% -4% -0% -0% -1% -0% -0% -1% -0% -0% 0% -0%
-24 -243 -45 2 -277 -43 -28 -86 -105 -309 -115 -36 -48
EPS in Rs -3.04 -33.05 -6.11 0.22 -33.23 -4.90 -3.15 -9.56 -11.67 -34.45 -12.86 -4.05 -5.33
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: -15%
5 Years: -26%
3 Years: -33%
TTM: -49%
Compounded Profit Growth
10 Years: 6%
5 Years: -13%
3 Years: 17%
TTM: 28%
Stock Price CAGR
10 Years: -2%
5 Years: 16%
3 Years: 59%
1 Year: 195%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Sep 2019
Equity Capital 71 71 74 81 83 88 90 90 90 90 90 90 90
Reserves 166 -53 -33 43 -262 -319 -308 -371 -476 -780 -877 -944 -987
1,039 1,086 1,000 944 1,005 1,028 771 742 877 570 808 821 314
347 307 295 299 317 322 249 296 251 537 233 278 814
Total Liabilities 1,623 1,411 1,336 1,367 1,143 1,119 801 757 741 417 254 244 230
944 939 817 760 746 667 231 235 222 208 163 153 148
CWIP 48 29 29 30 32 34 0 0 0 0 -0 0 0
Investments 0 0 0 0 0 0 239 244 260 20 0 -0 -0
631 443 490 576 365 418 331 278 259 189 91 91 82
Total Assets 1,623 1,411 1,336 1,367 1,143 1,119 801 757 741 417 254 244 230

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
90 196 146 156 20 78 94 106 8 26 7 7
-127 -45 3 -28 -8 -2 1 2 0 1 1 -0
27 -128 -158 -133 -28 -74 -96 -109 -7 -27 -7 -7
Net Cash Flow -11 22 -8 -6 -16 2 -0 -1 1 -1 1 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Debtor Days 37 25 19 15 25 20 11 13 21 18 7 9
Inventory Days 131 69 59 84 49 69 49 36 30 36 25 13
Days Payable 107 89 90 85 101 100 66 104 58 77 66 143
Cash Conversion Cycle 61 4 -12 14 -27 -11 -6 -55 -7 -24 -34 -121
Working Capital Days 75 31 52 15 -88 -95 -73 -149 -237 -200 -457 -1,026
ROCE % 5% -11% 0% 8% -17% 5% 10% 1% -3% -3%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Jun 2023Sep 2023Dec 2023
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% 0.03% 0.02% 0.02% 0.02%
57.87% 57.87% 57.87% 57.87% 57.87% 57.87% 57.87% 57.87% 57.87% 57.87% 57.85% 57.87%
No. of Shareholders 36,52736,40136,39536,23836,17836,08735,94235,88235,88736,43636,24636,021

* 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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