Suryalakshmi Cotton Mills Ltd

Suryalakshmi Cotton Mills Ltd

₹ 89.9 8.23%
16 Jul - close price
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

  • Market Cap 169 Cr.
  • Current Price 89.9
  • High / Low 94.9 / 55.4
  • Stock P/E 29.4
  • Book Value 141
  • Dividend Yield 0.00 %
  • ROCE 8.37 %
  • ROE 2.18 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.64 times its book value

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 2.76% over last 3 years.
  • Contingent liabilities of Rs.71.3 Cr.
  • Promoters have pledged 95.6% 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

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
188.68 151.26 184.78 197.29 244.75 228.67 220.23 187.30 214.84 174.66 184.52 184.38 238.62
172.18 135.79 166.84 174.69 221.55 207.71 205.72 176.91 198.99 163.04 172.14 171.42 221.09
Operating Profit 16.50 15.47 17.94 22.60 23.20 20.96 14.51 10.39 15.85 11.62 12.38 12.96 17.53
OPM % 8.74% 10.23% 9.71% 11.46% 9.48% 9.17% 6.59% 5.55% 7.38% 6.65% 6.71% 7.03% 7.35%
11.82 6.05 0.69 -3.53 -26.31 0.80 0.03 0.27 -4.38 1.16 -0.02 0.32 -1.71
Interest 9.14 6.66 6.66 5.10 5.85 6.43 5.96 5.80 6.30 7.22 6.89 7.46 8.39
Depreciation 4.27 4.71 4.88 2.12 4.34 4.17 4.36 4.32 4.71 4.17 4.45 4.60 4.84
Profit before tax 14.91 10.15 7.09 11.85 -13.30 11.16 4.22 0.54 0.46 1.39 1.02 1.22 2.59
Tax % 39.10% 32.81% 40.48% 34.94% -39.40% 35.84% 25.83% 57.41% 126.09% 21.58% 28.43% 27.87% 64.86%
9.08 6.82 4.22 7.71 -18.54 7.16 3.13 0.24 -0.13 1.09 0.72 0.88 0.91
EPS in Rs 5.45 4.09 2.53 4.62 -9.86 3.81 1.66 0.13 -0.07 0.58 0.38 0.47 0.48
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
726 734 705 760 777 761 665 539 486 778 851 782
626 664 630 663 681 696 627 526 454 698 789 728
Operating Profit 100 70 75 97 96 65 38 13 32 80 62 54
OPM % 14% 10% 11% 13% 12% 9% 6% 2% 7% 10% 7% 7%
5 16 9 13 3 6 6 3 14 -24 -4 -0
Interest 33 37 34 34 38 39 34 33 32 24 24 30
Depreciation 29 32 32 31 31 29 23 22 16 16 18 18
Profit before tax 42 17 18 44 31 3 -13 -39 -3 16 16 6
Tax % 28% 31% 34% 32% 36% -90% 33% 18% 5% 99% 37% 42%
30 12 12 30 20 5 -8 -32 -3 0 10 4
EPS in Rs 20.91 8.06 7.30 18.02 11.70 3.09 -5.06 -19.06 -1.69 0.12 5.53 1.92
Dividend Payout % 11% 17% 18% 11% 9% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 1%
5 Years: 3%
3 Years: 17%
TTM: -8%
Compounded Profit Growth
10 Years: -3%
5 Years: 22%
3 Years: 34%
TTM: -62%
Stock Price CAGR
10 Years: -1%
5 Years: 33%
3 Years: 9%
1 Year: 54%
Return on Equity
10 Years: 1%
5 Years: -2%
3 Years: 3%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 16 16 18 18 18 18 18 18 18 21 21 21
Reserves 191 290 296 310 260 259 248 215 212 229 239 245
348 333 303 378 370 391 354 320 313 270 201 226
102 115 126 169 161 180 158 173 144 178 193 236
Total Liabilities 657 755 744 876 809 850 779 726 688 697 654 728
361 452 419 492 408 403 380 337 322 240 245 262
CWIP 1 0 10 3 15 2 1 2 2 2 1 1
Investments 5 0 0 0 0 0 0 0 0 0 0 0
291 302 315 381 385 445 397 387 363 455 407 465
Total Assets 657 755 744 876 809 850 779 726 688 697 654 728

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
92 77 78 69 87 29 78 65 33 54 99 19
-42 -12 -25 -109 -27 -8 -2 8 18 -8 -3 -25
-44 -70 -52 39 -62 -22 -75 -70 -45 -49 -98 -0
Net Cash Flow 7 -5 1 -1 -3 -1 1 2 6 -3 -1 -6

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 60 55 54 66 62 85 92 83 97 70 60 84
Inventory Days 91 96 124 147 162 144 115 168 146 123 102 144
Days Payable 39 45 54 83 70 83 76 115 104 94 89 133
Cash Conversion Cycle 112 106 123 129 154 146 132 136 139 99 72 94
Working Capital Days 81 79 80 93 97 129 127 132 136 134 93 112
ROCE % 14% 8% 8% 12% 10% 6% 3% -1% 3% 13% 10% 8%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
55.94% 55.94% 60.94% 60.94% 60.94% 60.94% 60.94% 60.94% 60.94% 60.93% 60.93% 60.93%
0.40% 0.40% 0.36% 0.36% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35%
43.65% 43.65% 38.70% 38.70% 38.69% 38.69% 38.69% 38.70% 38.69% 38.70% 38.70% 38.72%
No. of Shareholders 7,7798,0688,6718,6618,7418,9739,1368,8598,7789,2048,7918,749

* 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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