Shekhawati Poly-Yarn Ltd

Shekhawati Poly-Yarn Ltd

₹ 3.69 1.93%
29 May 1:16 p.m.
About

Incorporated in1990, Shekhawati Poly-Yarn Ltd is a manufacturer of Texturizing Yarn, Twisting Yarn and Knitted Fabrics for domestic and international markets.

Key Points

Product Profile:[1]
a) Sarina knitted fabrics
b) Lycra knitted fabrics
c) Bright knitted fabrics
d) Spun Lycra Knitted Fabrics
e) Cationic Fabrics

  • Market Cap 127 Cr.
  • Current Price 3.69
  • High / Low 3.69 / 0.40
  • Stock P/E 11.3
  • Book Value 0.21
  • Dividend Yield 0.00 %
  • ROCE 32.5 %
  • ROE %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 26.4% CAGR over last 5 years

Cons

  • Stock is trading at 17.5 times its book value
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.146 Cr.
  • Debtor days have increased from 32.8 to 56.6 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 - Processing

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
12 8 74 142 139 133 101 26 43 16 15 13 24
11 9 75 148 149 139 108 26 43 16 17 14 15
Operating Profit 2 -1 -1 -6 -10 -6 -7 -1 -0 -0 -2 -0 9
OPM % 14% -8% -1% -4% -7% -5% -7% -3% -1% -0% -11% -4% 38%
1 0 0 0 1 1 1 1 0 0 12 5 138
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 2 2 2 2 2 2 2 2 2 2 2 2 2
Profit before tax -0 -3 -3 -7 -11 -8 -8 -3 -2 -2 8 2 145
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
-0 -3 -3 -7 -11 -8 -8 -3 -2 -2 8 2 145
EPS in Rs -0.00 -0.08 -0.08 -0.22 -0.33 -0.22 -0.24 -0.08 -0.07 -0.06 0.24 0.07 4.22
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
240 352 354 225 93 144 147 163 29 363 302 77
212 318 322 229 93 149 147 175 32 380 316 61
Operating Profit 28 34 32 -4 -0 -5 -0 -12 -3 -17 -14 16
OPM % 12% 10% 9% -2% -0% -3% -0% -7% -10% -5% -5% 21%
1 0 2 -67 -45 1 1 1 1 2 2 146
Interest 12 13 13 22 0 0 0 0 0 0 0 0
Depreciation 10 11 10 12 10 10 10 10 10 9 9 8
Profit before tax 7 11 12 -104 -56 -14 -9 -21 -11 -24 -21 154
Tax % 32% 35% 39% 0% 0% -0% 0% 0% 0% 0% 0% 0%
5 7 7 -104 -56 -14 -9 -21 -11 -24 -21 154
EPS in Rs 0.20 0.32 0.33 -3.48 -1.63 -0.41 -0.27 -0.61 -0.33 -0.71 -0.61 4.47
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -14%
5 Years: -12%
3 Years: 39%
TTM: -75%
Compounded Profit Growth
10 Years: 5%
5 Years: 26%
3 Years: 44%
TTM: 153%
Stock Price CAGR
10 Years: 5%
5 Years: 70%
3 Years: 71%
1 Year: 678%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 22 22 22 30 34 34 34 34 34 34 34 34
Reserves 45 52 59 -27 -80 -94 -103 -124 -136 -160 -181 -27
112 128 145 198 194 192 192 191 204 202 202 8
25 23 85 52 20 14 18 15 3 69 54 29
Total Liabilities 203 224 311 252 169 147 140 116 106 146 108 44
110 100 115 135 126 117 107 98 88 81 74 2
CWIP 8 10 13 6 6 6 6 6 6 0 0 0
Investments 0 1 0 0 0 0 0 0 0 0 0 1
85 113 183 111 36 24 27 12 12 65 35 41
Total Assets 203 224 311 252 169 147 140 116 106 146 108 44

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
28 -0 12 -44 4 1 -0 1 -2 5 2 12
-24 -3 -50 -2 -2 1 1 -0 0 -1 -2 48
-4 3 38 46 -2 -2 -1 -1 1 -3 -1 -61
Net Cash Flow -0 0 0 -0 -0 0 -0 0 0 1 0 -1

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 65 68 89 116 60 22 29 6 54 19 23 57
Inventory Days 19 18 20 5 21 15 19 3 36 40 2 21
Days Payable 23 11 43 13 29 2 14 7 250 79 75 279
Cash Conversion Cycle 60 76 65 108 53 35 34 3 -159 -20 -50 -202
Working Capital Days 78 84 101 103 -98 -224 -220 -225 72 -9 -32 29
ROCE % 11% 12% 12% -7% -6% -10% -7% -19% -11% -27% -32%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
57.49% 57.49% 57.49% 57.49% 57.49% 57.49% 57.49% 57.49% 57.49% 57.49% 57.49% 57.52%
42.51% 42.51% 42.51% 42.51% 42.51% 42.52% 42.52% 42.51% 42.51% 42.51% 42.50% 42.49%
No. of Shareholders 11,25510,98310,88910,78310,82810,79110,77010,78210,74610,72111,47412,813

Documents