Super Spinning Mills Ltd

₹ 9.45 1.61%
25 Nov - close price
About

Super Spinning Mills is engaged in the manufacture and selling of cotton, cotton yarn and allied products. [1]

Key Points

Products
The Co produces 100% Cotton yarn and Speciality yarn. Its portfolio includes:
100% Cotton Yarn: Ring Yarn, Compact Yarn, Compact Elitwist Yarn, TFO Doubled Yarn, Gassed Yarn 6s to 12s, TFO yarns, Organic Cotton Yarn and BCI cotton yarn.
Speciality Yarn: Modal Yarn, Micro Modal Yarn, Tencel Yarn, Micro Tencel yarn 30s to 100s. [1]

  • Market Cap 52.0 Cr.
  • Current Price 9.45
  • High / Low 20.2 / 7.90
  • Stock P/E
  • Book Value 18.9
  • Dividend Yield 0.00 %
  • ROCE 5.00 %
  • ROE -1.50 %
  • Face Value 1.00

Pros

  • Stock is trading at 0.50 times its book value
  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -20.5% over past five years.
  • Company has a low return on equity of -9.91% over last 3 years.
  • Earnings include an other income of Rs.4.27 Cr.

* 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
37.66 43.04 24.83 3.92 12.50 15.79 16.68 16.40 25.10 27.37 24.57 25.44 24.93
39.02 42.16 26.18 6.58 17.90 15.64 13.38 15.00 23.22 22.88 23.31 26.37 27.14
Operating Profit -1.36 0.88 -1.35 -2.66 -5.40 0.15 3.30 1.40 1.88 4.49 1.26 -0.93 -2.21
OPM % -3.61% 2.04% -5.44% -67.86% -43.20% 0.95% 19.78% 8.54% 7.49% 16.40% 5.13% -3.66% -8.86%
10.95 -3.51 1.09 1.30 0.68 3.68 5.09 0.06 1.68 3.91 0.07 0.02 0.27
Interest 2.42 2.18 1.79 1.69 1.85 1.50 0.72 1.13 0.98 0.96 0.81 0.69 0.76
Depreciation 1.00 0.97 0.93 0.91 0.44 1.07 0.65 0.78 0.70 0.70 0.70 0.54 0.58
Profit before tax 6.17 -5.78 -2.98 -3.96 -7.01 1.26 7.02 -0.45 1.88 6.74 -0.18 -2.14 -3.28
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 74.07% 0.00% 240.96% 83.68% 1,666.67% 0.00% 0.00%
Net Profit 6.17 -5.77 -2.98 -3.96 -7.02 1.26 1.83 -0.45 -2.64 1.11 2.82 -2.14 -3.28
EPS in Rs 1.12 -1.05 -0.54 -0.72 -1.28 0.23 0.33 -0.08 -0.48 0.20 0.51 -0.39 -0.60
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
478 381 434 521 440 348 294 261 208 149 49 93 102
424 407 393 481 427 342 291 265 215 155 53 84 100
Operating Profit 53 -27 41 40 13 6 3 -4 -7 -5 -4 9 3
OPM % 11% -7% 9% 8% 3% 2% 1% -1% -3% -3% -8% 10% 3%
6 14 8 5 4 18 13 3 9 8 11 6 4
Interest 24 31 24 25 24 23 18 15 14 10 6 4 3
Depreciation 21 19 17 15 10 10 8 6 4 4 3 3 3
Profit before tax 15 -62 8 5 -17 -9 -11 -22 -16 -11 -3 8 1
Tax % 6% 31% 10% 31% 32% 34% -23% 0% 0% 0% -193% 90%
Net Profit 14 -43 8 3 -12 -6 -13 -22 -16 -11 -8 1 -1
EPS in Rs 2.53 -7.80 1.37 0.60 -2.13 -1.06 -2.36 -3.93 -2.91 -2.05 -1.43 0.15 -0.28
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -13%
5 Years: -20%
3 Years: -23%
TTM: 38%
Compounded Profit Growth
10 Years: 7%
5 Years: 14%
3 Years: 25%
TTM: -4%
Stock Price CAGR
10 Years: 4%
5 Years: -16%
3 Years: 31%
1 Year: -14%
Return on Equity
10 Years: -14%
5 Years: -13%
3 Years: -10%
Last Year: -2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
6 6 6 6 6 6 6 6 6 6 6 6 6
Reserves 100 57 65 68 55 49 161 129 120 108 98 104 98
205 143 132 139 125 112 88 73 51 37 33 36 38
80 53 66 70 72 63 62 85 124 81 46 34 37
Total Liabilities 390 259 269 282 258 230 316 293 301 231 182 178 179
143 117 101 95 93 71 219 215 171 154 113 106 105
CWIP 0 0 0 1 0 0 0 0 0 0 0 1 1
Investments 28 28 28 27 27 27 13 13 13 13 13 13 13
219 113 139 159 137 132 84 65 116 64 56 58 59
Total Assets 390 259 269 282 258 230 316 293 301 231 182 178 179

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
8 69 27 21 40 4 23 29 24 11 -14 -22
9 20 6 -5 -4 29 16 -0 10 12 23 27
-15 -91 -33 -16 -37 -34 -38 -29 -35 -23 -10 -1
Net Cash Flow 2 -2 -0 0 -1 -1 1 0 -1 -0 -0 4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 28 34 34 30 31 28 15 17 19 24 9 7
Inventory Days 181 44 73 72 55 71 69 39 66 48 130 105
Days Payable 51 38 68 55 70 89 101 138 178 246 204 105
Cash Conversion Cycle 158 40 39 48 16 10 -18 -82 -92 -174 -65 8
Working Capital Days 90 31 47 54 28 27 6 -43 -64 -94 -77 -41
ROCE % 11% -17% 13% 14% 2% -2% -2% -3% -5% -5% -1% 5%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
42.49 42.49 42.49 42.49 42.49 42.49 42.80 42.80 42.80 42.80 42.80 42.80
0.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
57.45 57.50 57.50 57.50 57.50 57.50 57.20 57.20 57.20 57.20 57.20 57.19

Documents