T T Ltd

T T Ltd

₹ 108 -0.82%
19 Apr - close price
About

Incorporated in 1978, T T Ltd does yarn manufacturing, knitting, and cutting and sewing of textiles products[1]

Key Points

Business Overview:[1][2]
TTL is a part of TT Group. Company is
a vertically integrated textile producer,
and garment manufacturer and is an ISO 9001 Certified and Govt. Registered Three Star Export House. It is engaged in yarn trading, knitting, and cutting and sewing of textile products

  • Market Cap 233 Cr.
  • Current Price 108
  • High / Low 128 / 69.6
  • Stock P/E
  • Book Value 31.5
  • Dividend Yield 0.00 %
  • ROCE 3.11 %
  • ROE -18.6 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.44 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -16.9% over past five years.
  • Company has a low return on equity of 8.97% over last 3 years.
  • Debtor days have increased from 44.4 to 58.5 days.

* 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 - Products

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

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
110.71 116.43 83.60 117.65 119.44 74.85 56.02 40.56 48.15 58.29 59.29 48.14 52.21
97.68 99.98 72.12 104.74 109.32 70.29 50.71 42.17 41.66 58.73 53.94 43.38 50.17
Operating Profit 13.03 16.45 11.48 12.91 10.12 4.56 5.31 -1.61 6.49 -0.44 5.35 4.76 2.04
OPM % 11.77% 14.13% 13.73% 10.97% 8.47% 6.09% 9.48% -3.97% 13.48% -0.75% 9.02% 9.89% 3.91%
0.18 -25.84 0.12 0.30 -0.08 0.38 0.13 1.06 0.21 0.22 0.23 0.21 0.14
Interest 6.71 7.17 6.54 7.09 5.11 2.86 4.29 4.10 4.33 4.48 4.09 4.03 4.00
Depreciation 2.74 2.49 0.91 0.91 0.86 0.56 0.61 0.67 0.93 0.91 0.78 0.79 0.80
Profit before tax 3.76 -19.05 4.15 5.21 4.07 1.52 0.54 -5.32 1.44 -5.61 0.71 0.15 -2.62
Tax % 52.39% 85.51% 0.00% 0.00% 0.00% 26.97% -18.52% -106.39% 42.36% 43.67% 29.58% 40.00% 16.79%
1.79 -2.77 4.16 5.21 4.06 1.10 0.64 -10.98 0.83 -3.16 0.49 0.09 -2.18
EPS in Rs 0.83 -1.29 1.94 2.42 1.89 0.51 0.30 -5.11 0.39 -1.47 0.23 0.04 -1.01
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
395 502 742 678 698 678 511 524 423 394 396 203 218
384 449 678 615 649 642 481 488 388 354 356 193 206
Operating Profit 11 53 64 63 49 36 30 37 35 40 39 10 12
OPM % 3% 11% 9% 9% 7% 5% 6% 7% 8% 10% 10% 5% 5%
16 0 -0 0 4 12 7 4 2 -25 0 2 1
Interest 27 33 38 42 35 33 30 30 33 28 22 17 17
Depreciation 11 12 15 15 15 15 12 11 11 11 3 3 3
Profit before tax -11 9 12 6 3 1 -6 0 -7 -25 15 -9 -7
Tax % 80% 23% 22% 34% 35% -260% -166% -23% 82% 69% 3% -41%
-2 7 9 4 2 2 -15 0 -1 -8 15 -13 -5
EPS in Rs -1.01 3.05 4.18 1.88 1.00 1.00 -6.86 0.07 -0.59 -3.54 6.76 -5.89 -2.21
Dividend Payout % 0% 33% 24% 53% 50% 0% 0% 0% 0% 0% 15% 0%
Compounded Sales Growth
10 Years: -9%
5 Years: -17%
3 Years: -22%
TTM: -1%
Compounded Profit Growth
10 Years: %
5 Years: -7%
3 Years: %
TTM: 43%
Stock Price CAGR
10 Years: 15%
5 Years: 15%
3 Years: 37%
1 Year: 42%
Return on Equity
10 Years: 2%
5 Years: 5%
3 Years: 9%
Last Year: -19%

Balance Sheet

Figures in Rs. Crores

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 22 22 22 22 22 22 22 22 22 22 22 22 22
Reserves 73 77 82 83 83 69 56 55 53 47 58 46 46
261 325 329 319 307 314 267 277 272 254 171 149 140
14 20 22 20 30 37 48 44 47 36 21 19 21
Total Liabilities 369 443 455 444 442 442 392 397 394 358 272 235 229
224 214 286 273 269 260 225 230 223 94 91 89 88
CWIP 3 74 0 0 3 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
143 155 169 170 169 182 167 168 171 264 181 146 142
Total Assets 369 443 455 444 442 442 392 397 394 358 272 235 229

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
13 56 59 47 48 16 52 21 39 40 41 24
-15 -73 -14 -3 -12 9 24 -6 -3 11 65 14
-0 17 -44 -43 -36 -25 -76 -15 -36 -51 -107 -39
Net Cash Flow -1 -0 0 -0 -0 0 -0 -0 -0 1 -1 -1

Ratios

Figures in Rs. Crores

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 31 32 25 27 28 31 28 26 27 43 32 58
Inventory Days 79 72 38 49 45 49 214 74 114 108 108 204
Days Payable 4 10 6 6 12 6 34 5 17 23 9 14
Cash Conversion Cycle 106 94 58 70 62 74 207 95 124 128 130 249
Working Capital Days 80 60 41 51 51 63 72 78 92 195 118 205
ROCE % 2% 11% 12% 11% 9% 6% 5% 8% 7% 9% 13% 3%

Shareholding Pattern

Numbers in percentages

9 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
58.06% 58.17% 58.28% 58.39% 58.49% 58.52% 58.62% 58.64% 58.66% 58.66% 58.68% 58.69%
0.00% 0.00% 0.14% 0.37% 0.15% 0.08% 0.06% 0.06% 0.06% 0.06% 0.00% 0.04%
0.00% 0.00% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
41.94% 41.82% 41.58% 41.23% 41.36% 41.41% 41.33% 41.29% 41.30% 41.29% 41.32% 41.27%
No. of Shareholders 16,35916,12116,47719,20819,22918,93717,01716,78816,61816,51414,57715,405

* 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