Sutlej Textiles and Industries Ltd

₹ 59.9 1.01%
25 Nov - close price
About

Sutlej Textiles and Industries Limited is engaged in manufacturing synthetic, natural, and blended yarns and home furnishing textiles such as curtains and made ups. [1]

Key Points

Background
The Co was incorporated in 2005 out of a corporate restructuring exercise in which the textile divisions of Sutlej Industries Ltd and Damanganga Processors Ltd were demerged to create a single cohesive company. It was part of the erstwhile K. K. Birla Group and after the family division it came under Ms Nandini Nopany. [1]

  • Market Cap 981 Cr.
  • Current Price 59.9
  • High / Low 105 / 54.4
  • Stock P/E 5.20
  • Book Value 71.8
  • Dividend Yield 3.09 %
  • ROCE 15.0 %
  • ROE 15.2 %
  • Face Value 1.00

Pros

  • Stock is trading at 0.83 times its book value
  • Stock is providing a good dividend yield of 3.09%.
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 28.2%

Cons

  • The company has delivered a poor sales growth of 6.22% over past five years.
  • Company has a low return on equity of 6.94% over last 3 years.
  • Company might be capitalizing the interest cost

* 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
629 573 529 188 460 542 671 578 779 803 882 837 810
571 513 511 213 440 496 597 503 681 712 758 706 722
Operating Profit 58 59 17 -25 20 46 74 75 97 91 124 131 88
OPM % 9% 10% 3% -13% 4% 9% 11% 13% 13% 11% 14% 16% 11%
5 4 4 5 8 7 11 4 8 10 1 -19 7
Interest 11 10 11 12 8 7 10 12 11 11 15 13 13
Depreciation 24 25 26 20 21 26 27 30 30 30 30 31 31
Profit before tax 28 29 -15 -52 -2 21 48 37 64 60 80 69 51
Tax % 34% 33% 32% 33% 33% 32% 35% 36% 36% 35% 35% 35% 36%
Net Profit 18 20 -10 -34 -1 14 31 24 41 39 52 45 32
EPS in Rs 1.11 1.19 -0.62 -2.10 -0.07 0.85 1.90 1.47 2.48 2.37 3.19 2.73 1.98
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
1,577 1,530 1,672 1,872 1,867 2,074 2,249 2,453 2,562 2,379 1,861 3,042 3,333
1,337 1,383 1,476 1,605 1,635 1,811 1,967 2,206 2,342 2,201 1,746 2,655 2,898
Operating Profit 240 147 197 267 232 263 282 247 219 178 115 387 434
OPM % 15% 10% 12% 14% 12% 13% 13% 10% 9% 7% 6% 13% 13%
34 32 32 38 39 35 37 75 28 21 31 22 -1
Interest 59 70 65 58 53 46 46 59 57 45 37 49 52
Depreciation 68 69 70 75 70 80 85 107 101 100 94 120 122
Profit before tax 148 40 93 172 148 173 188 157 90 55 15 241 260
Tax % 23% 20% 17% 23% 22% 17% 16% 28% 27% 34% 37% 35%
Net Profit 114 32 77 131 115 143 158 113 66 36 10 156 168
EPS in Rs 6.98 1.94 4.70 8.02 7.05 8.76 9.64 6.91 4.01 2.20 0.58 9.50 10.27
Dividend Payout % 7% 17% 7% 10% 14% 15% 13% 19% 16% 14% 52% 19%
Compounded Sales Growth
10 Years: 7%
5 Years: 6%
3 Years: 6%
TTM: 30%
Compounded Profit Growth
10 Years: 18%
5 Years: 1%
3 Years: 36%
TTM: 72%
Stock Price CAGR
10 Years: 14%
5 Years: -10%
3 Years: 24%
1 Year: -29%
Return on Equity
10 Years: 13%
5 Years: 7%
3 Years: 7%
Last Year: 15%

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
11 11 11 16 16 16 16 16 16 16 16 16 16
Reserves 241 266 338 448 544 667 800 890 930 955 964 1,114 1,160
808 724 652 630 598 804 1,036 1,047 923 868 901 938 784
139 144 149 178 183 188 193 228 261 279 268 374 428
Total Liabilities 1,199 1,145 1,149 1,273 1,341 1,675 2,045 2,182 2,131 2,118 2,149 2,442 2,389
605 582 540 507 643 821 1,128 1,109 1,054 1,034 1,189 1,171 1,117
CWIP 3 13 5 56 44 56 11 10 20 176 42 16 12
Investments 2 52 53 53 50 26 28 82 57 31 40 54 54
589 498 551 656 604 772 877 981 999 875 878 1,201 1,206
Total Assets 1,199 1,145 1,149 1,273 1,341 1,675 2,045 2,182 2,131 2,118 2,149 2,442 2,389

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
142 231 142 159 250 272 141 158 217 320 100 101
-19 -81 -2 -75 -172 -346 -299 -55 -10 -205 -100 -89
-124 -151 -140 -85 -79 74 157 -104 -207 -113 5 -18
Net Cash Flow -1 -1 1 -1 -1 0 -0 -1 0 2 6 -6

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 31 27 31 30 27 37 39 48 43 40 54 53
Inventory Days 127 108 107 122 102 130 153 132 135 126 158 138
Days Payable 11 12 14 17 16 20 21 25 28 31 39 35
Cash Conversion Cycle 146 122 125 135 114 147 172 155 150 135 173 156
Working Capital Days 88 60 67 71 69 84 98 103 96 79 127 108
ROCE % 20% 11% 16% 22% 18% 16% 14% 9% 8% 6% 3% 15%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
63.90 63.90 63.90 63.90 63.90 63.90 63.90 63.96 63.96 63.96 63.96 63.96
0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.34 0.94 1.19 1.31 1.37
0.03 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
36.08 36.08 36.08 36.08 36.08 36.08 36.06 35.68 35.08 34.83 34.71 34.64

Documents

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