Suryalakshmi Cotton Mills Ltd

Suryalak. Cott. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Suryalakshmi Cotton Mills Ltd

₹ 72.0 -1.17%
05 Dec 10:54 a.m.
suryalakshmi.com BSE: 521200 NSE : SURYALAXMI
About

Incorporated in 1962, Suryalakshmi Cotton Ltd is an integrated denim & yarn manufacturing textile company[1]

Key Points

Business Overview:[1]
SCL is an integrated premium yarns, denim manufacturing and end-to-end clothing company. It is an Original Denim Manufacturer which creates yarn and premium denim for private labels, fashion brands and retail chains in 29 countries. Company collaborates with the design, sourcing and production teams of their customers to introduce yarns, denim and fabrics to the market

Website BSE NSE
  • Market Cap ₹ 135 Cr.
  • Current Price ₹ 72.0
  • High / Low ₹ 78.5 / 43.4
  • Stock P/E 16.5
  • Book Value ₹ 141
  • Dividend Yield 0.00 %
  • ROCE 10.3 %
  • ROE 5.91 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.52 times its book value
  • Debtor days have improved from 75.6 to 59.9 days.
  • Company's working capital requirements have reduced from 121 days to 93.1 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 0.15% over last 3 years.
  • Contingent liabilities of Rs.71.3 Cr.
  • Promoters have pledged 50.6% 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 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
99.06 155.82 188.68 151.26 184.78 197.29 244.75 228.67 220.23 187.30 214.84 174.66 184.52
95.36 142.19 172.18 135.79 166.84 174.69 221.55 207.71 205.72 176.91 198.99 163.04 172.14
Operating Profit 3.70 13.63 16.50 15.47 17.94 22.60 23.20 20.96 14.51 10.39 15.85 11.62 12.38
OPM % 3.74% 8.75% 8.74% 10.23% 9.71% 11.46% 9.48% 9.17% 6.59% 5.55% 7.38% 6.65% 6.71%
7.27 0.16 11.82 6.05 0.69 -3.53 -26.31 0.80 0.03 0.27 -4.38 1.16 -0.02
Interest 8.78 8.37 9.14 6.66 6.66 5.10 5.85 6.43 5.96 5.80 6.30 7.22 6.89
Depreciation 5.03 4.98 4.27 4.71 4.88 2.12 4.34 4.17 4.36 4.32 4.71 4.17 4.45
Profit before tax -2.84 0.44 14.91 10.15 7.09 11.85 -13.30 11.16 4.22 0.54 0.46 1.39 1.02
Tax % 101.76% 65.91% 39.10% 32.81% 40.48% 34.94% -39.40% 35.84% 25.83% 57.41% 126.09% 21.58% 28.43%
0.05 0.15 9.08 6.82 4.22 7.71 -18.54 7.16 3.13 0.24 -0.13 1.09 0.72
EPS in Rs 0.03 0.09 5.45 4.09 2.53 4.62 -9.86 3.81 1.66 0.13 -0.07 0.58 0.38
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
669 726 734 705 760 777 761 665 539 486 778 851 761
586 626 664 630 663 681 696 627 526 454 698 789 711
Operating Profit 83 100 70 75 97 96 65 38 13 32 80 62 50
OPM % 12% 14% 10% 11% 13% 12% 9% 6% 2% 7% 10% 7% 7%
9 5 16 9 13 3 6 6 3 14 -24 -4 -3
Interest 30 33 37 34 34 38 39 34 33 32 24 24 26
Depreciation 25 29 32 32 31 31 29 23 22 16 16 18 18
Profit before tax 38 42 17 18 44 31 3 -13 -39 -3 16 16 3
Tax % 26% 28% 31% 34% 32% 36% -90% 33% 18% 5% 99% 37%
28 30 12 12 30 20 5 -8 -32 -3 0 10 2
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 5.53 1.02
Dividend Payout % 12% 11% 17% 18% 11% 9% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 2%
5 Years: 2%
3 Years: 16%
TTM: -15%
Compounded Profit Growth
10 Years: -7%
5 Years: 34%
3 Years: 35%
TTM: -77%
Stock Price CAGR
10 Years: 4%
5 Years: 12%
3 Years: 51%
1 Year: 17%
Return on Equity
10 Years: 1%
5 Years: -3%
3 Years: 0%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 14 16 16 18 18 18 18 18 18 18 21 21 21
Reserves 164 191 290 296 310 260 259 248 215 212 229 239 244
Preference Capital 7 0 2 7 7 0 10 10 10 10 10 10
350 348 331 296 371 370 382 345 310 303 260 191 233
97 102 117 133 176 161 190 168 183 154 188 203 180
Total Liabilities 624 657 755 744 876 809 850 779 726 688 697 654 678
256 361 452 419 492 408 403 380 337 322 240 245 266
CWIP 90 1 0 10 3 15 2 1 2 2 2 1 0
Investments 8 5 0 0 0 0 0 0 0 0 0 0 0
271 291 302 315 381 385 445 397 387 363 455 407 411
Total Assets 624 657 755 744 876 809 850 779 726 688 697 654 678

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
79 92 77 78 69 87 29 78 65 33 54 99
-118 -42 -12 -25 -109 -27 -8 -2 8 18 -8 -3
36 -44 -70 -52 39 -62 -22 -75 -70 -45 -49 -98
Net Cash Flow -4 7 -5 1 -1 -3 -1 1 2 6 -3 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 57 60 55 54 66 62 85 92 83 97 70 60
Inventory Days 90 91 96 124 147 162 144 115 168 146 123 102
Days Payable 31 39 45 54 83 70 83 76 115 104 94 89
Cash Conversion Cycle 116 112 106 123 129 154 146 132 136 139 99 72
Working Capital Days 88 81 79 80 93 97 129 127 132 136 134 93
ROCE % 14% 14% 8% 8% 12% 10% 6% 3% -1% 3% 13% 10%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
55.94% 55.94% 55.94% 55.94% 55.94% 60.94% 60.94% 60.94% 60.94% 60.94% 60.94% 60.94%
0.40% 0.40% 0.40% 0.40% 0.40% 0.36% 0.36% 0.35% 0.35% 0.35% 0.35% 0.35%
43.65% 43.65% 43.65% 43.65% 43.65% 38.70% 38.70% 38.69% 38.69% 38.69% 38.70% 38.69%
No. of Shareholders 7,7217,4347,4297,7798,0688,6718,6618,7418,9739,1368,8598,778

* 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.

Documents

Announcements

Annual reports

Credit ratings

Concalls

  • Feb 2016
    Transcript
    Notes
    PPT
  • Nov 2015
    Transcript
    Notes
    PPT