Suryalakshmi Cotton Mills Ltd

₹ 60.4 0.75%
25 Nov - close price
About

Incorporated in 1962 and headquartered at Telangana, India, Suryalakshmi Cotton Mills Ltd is engaged in the manufacturing of cotton and blended yarns and denim fabric. [1]

Key Points

Products
The company manufactures Yarn - cotton, polyester and blended yarns and Denims - Mercerized Denims, Coated Denims, Normal finish, Cotton / Polyester, Colour Denims and Mill-washed Denim. [1][2]

  • Market Cap 114 Cr.
  • Current Price 60.4
  • High / Low 98.9 / 53.6
  • Stock P/E 60.8
  • Book Value 140
  • Dividend Yield 0.00 %
  • ROCE 6.56 %
  • ROE 0.06 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.43 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 0.03% over past five years.
  • Company has a low return on equity of -6.08% over last 3 years.
  • Contingent liabilities of Rs.62.5 Cr.
  • Promoters have pledged 55.0% 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

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
131.92 144.91 129.49 42.28 99.06 155.82 188.68 151.26 184.78 197.29 244.75 228.67 220.23
124.42 137.31 133.05 47.80 95.36 142.19 172.18 135.79 166.84 178.89 251.06 207.71 205.72
Operating Profit 7.50 7.60 -3.56 -5.52 3.70 13.63 16.50 15.47 17.94 18.40 -6.31 20.96 14.51
OPM % 5.69% 5.24% -2.75% -13.06% 3.74% 8.75% 8.74% 10.23% 9.71% 9.33% -2.58% 9.17% 6.59%
0.58 0.81 1.15 1.19 7.27 0.16 11.82 6.05 0.69 0.67 3.20 0.80 0.03
Interest 8.43 8.45 7.41 8.00 8.78 8.37 9.14 6.66 6.66 5.10 5.85 6.43 5.96
Depreciation 5.50 5.58 5.50 5.01 5.03 4.98 4.27 4.71 4.88 2.12 4.34 4.17 4.36
Profit before tax -5.85 -5.62 -15.32 -17.34 -2.84 0.44 14.91 10.15 7.09 11.85 -13.30 11.16 4.22
Tax % 24.62% 20.28% 6.33% 30.22% 101.76% 65.91% 39.10% 32.81% 40.48% 34.94% -39.40% 35.84% 25.83%
Net Profit -4.41 -4.48 -14.35 -12.10 0.05 0.15 9.08 6.82 4.22 7.71 -18.54 7.16 3.13
EPS in Rs -2.65 -2.69 -8.61 -7.26 0.03 0.09 5.45 4.09 2.53 4.62 -9.86 3.81 1.66
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
601 669 726 734 705 760 777 761 665 539 486 778 891
516 586 626 664 630 663 681 696 627 526 454 733 843
Operating Profit 85 83 100 70 75 97 96 65 38 13 32 45 48
OPM % 14% 12% 14% 10% 11% 13% 12% 9% 6% 2% 7% 6% 5%
12 9 5 16 9 13 3 6 6 3 14 11 5
Interest 23 30 33 37 34 34 38 39 34 33 32 24 23
Depreciation 23 25 29 32 32 31 31 29 23 22 16 16 15
Profit before tax 51 38 42 17 18 44 31 3 -13 -39 -3 16 14
Tax % 32% 26% 28% 31% 34% 32% 36% -90% 33% 18% 5% 99%
Net Profit 35 28 30 12 12 30 20 5 -8 -32 -3 0 -1
EPS in Rs 19.49 20.91 8.06 7.30 18.02 11.70 3.09 -5.06 -19.06 -1.69 0.12 0.23
Dividend Payout % 11% 12% 11% 17% 18% 11% 9% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 2%
5 Years: 0%
3 Years: 5%
TTM: 31%
Compounded Profit Growth
10 Years: -41%
5 Years: -62%
3 Years: 26%
TTM: -78%
Stock Price CAGR
10 Years: -2%
5 Years: -8%
3 Years: 51%
1 Year: -5%
Return on Equity
10 Years: 2%
5 Years: -4%
3 Years: -6%
Last Year: 0%

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
22 20 16 18 25 25 18 28 28 28 28 31 21
Reserves 125 164 191 290 296 310 260 259 248 215 212 229 242
287 350 348 331 296 371 370 382 345 310 303 260 210
105 97 102 117 133 176 161 190 168 183 154 188 171
Total Liabilities 533 624 657 755 744 876 809 850 779 726 688 697 644
244 256 361 452 419 492 408 403 380 337 322 240 247
CWIP 10 90 1 0 10 3 15 2 1 2 2 2 2
Investments 5 8 5 0 0 0 0 0 0 0 0 0 0
274 271 291 302 315 381 385 445 397 387 363 455 395
Total Assets 533 624 657 755 744 876 809 850 779 726 688 697 644

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
22 79 92 77 78 69 87 29 78 65 33 52
-41 -118 -42 -12 -25 -109 -27 -8 -2 8 18 -5
27 36 -44 -70 -52 39 -62 -22 -75 -70 -45 -49
Net Cash Flow 8 -4 7 -5 1 -1 -3 -1 1 2 6 -3

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 46 57 60 55 54 66 62 85 92 83 97 70
Inventory Days 122 90 91 96 124 147 162 144 115 168 146 123
Days Payable 47 31 39 45 54 83 70 83 76 115 104 94
Cash Conversion Cycle 121 116 112 106 123 129 154 146 132 136 139 99
Working Capital Days 106 88 81 79 80 93 97 129 127 132 136 115
ROCE % 19% 14% 14% 8% 8% 12% 10% 6% 3% -1% 3% 7%

Shareholding Pattern

Numbers in percentages

2 recently
Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
55.94 55.94 55.94 55.94 55.94 55.94 55.94 55.94 55.94 60.94 60.94 60.94
0.44 0.40 0.40 0.40 0.40 0.40 0.40 0.40 0.40 0.36 0.36 0.35
43.62 43.65 43.65 43.65 43.65 43.65 43.65 43.65 43.65 38.70 38.70 38.69

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