Suryalakshmi Cotton Mills Ltd
Incorporated in 1962, Suryalakshmi Cotton Ltd is an integrated denim & yarn manufacturing textile company[1]
- 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
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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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% |
Documents
Announcements
- Board Meeting Outcome for Unaudited Financial Results For Quarter Ended 30Th September, 2023. 14 Nov
- Unaudited Financial Results For Quarter Ended 30Th September, 2023. 14 Nov
- Board Meeting Intimation for Unaudited Financial Results For The Quarter Ended 30Th September, 2023. 28 Oct
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Oct - Depositories and Participants) Regulations, 2018 we herewith submit Certificate from M/s. Kfin Technologies Limited, Registrar & Share Transfer Agent of the Company dated 5th October, …
- Closure of Trading Window 30 Sep
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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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