Suryalakshmi Cotton Mills Ltd

₹ 69.8 -0.43%

19 Apr - close price

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 ₹ 131 Cr.
Current Price ₹ 69.8
High / Low ₹ 89.5 / 50.9
Stock P/E 15.9
Book Value ₹ 141
Dividend Yield 0.00 %
ROCE 10.3 %
ROE 5.91 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Stock is trading at 0.50 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 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

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
	155.82	188.68	151.26	184.78	197.29	244.75	228.67	220.23	187.30	214.84	174.66	184.52	184.38
	142.19	172.18	135.79	166.84	174.69	221.55	207.71	205.72	176.91	198.99	163.04	172.14	171.42
Operating Profit	13.63	16.50	15.47	17.94	22.60	23.20	20.96	14.51	10.39	15.85	11.62	12.38	12.96
OPM %	8.75%	8.74%	10.23%	9.71%	11.46%	9.48%	9.17%	6.59%	5.55%	7.38%	6.65%	6.71%	7.03%
	0.16	11.82	6.05	0.69	-3.53	-26.31	0.80	0.03	0.27	-4.38	1.16	-0.02	0.32
Interest	8.37	9.14	6.66	6.66	5.10	5.85	6.43	5.96	5.80	6.30	7.22	6.89	7.46
Depreciation	4.98	4.27	4.71	4.88	2.12	4.34	4.17	4.36	4.32	4.71	4.17	4.45	4.60
Profit before tax	0.44	14.91	10.15	7.09	11.85	-13.30	11.16	4.22	0.54	0.46	1.39	1.02	1.22
Tax %	65.91%	39.10%	32.81%	40.48%	34.94%	-39.40%	35.84%	25.83%	57.41%	126.09%	21.58%	28.43%	27.87%
	0.15	9.08	6.82	4.22	7.71	-18.54	7.16	3.13	0.24	-0.13	1.09	0.72	0.88
EPS in Rs	0.09	5.45	4.09	2.53	4.62	-9.86	3.81	1.66	0.13	-0.07	0.58	0.38	0.47
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	758
	586	626	664	630	663	681	696	627	526	454	698	789	706
Operating Profit	83	100	70	75	97	96	65	38	13	32	80	62	53
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	28
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	4
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	3
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	1.36
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:	-14%

Compounded Profit Growth
10 Years:	-7%
5 Years:	34%
3 Years:	35%
TTM:	-67%

Stock Price CAGR
10 Years:	5%
5 Years:	17%
3 Years:	33%
1 Year:	35%

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

	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
	55.94%	55.94%	55.94%	60.94%	60.94%	60.94%	60.94%	60.94%	60.94%	60.94%	60.93%	60.93%
	0.40%	0.40%	0.40%	0.36%	0.36%	0.35%	0.35%	0.35%	0.35%	0.35%	0.35%	0.35%
	43.65%	43.65%	43.65%	38.70%	38.70%	38.69%	38.69%	38.69%	38.70%	38.69%	38.70%	38.70%
No. of Shareholders	7,429	7,779	8,068	8,671	8,661	8,741	8,973	9,136	8,859	8,778	9,204	8,791

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	55.94%	55.94%	55.94%	55.94%	55.94%	60.94%	60.94%	60.93%
	0.68%	0.52%	0.41%	0.40%	0.40%	0.36%	0.35%	0.35%
	43.37%	43.54%	43.65%	43.65%	43.65%	38.70%	38.69%	38.70%
No. of Shareholders	8,746	8,516	8,100	7,730	7,434	8,671	9,136	8,791

* 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.

Suryalakshmi Cotton Mills Ltd

Suryalakshmi Cotton Mills Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls