Subh Tex (India) Ltd
Subh Tex (India) is engaged in the business of manufacturing fabric viz suiting & shirting for the domestic and international market. At the same time the Company is involved in trading of various textile products which are of high quality and also bulk trading.
- Market Cap ₹ 17.3 Cr.
- Current Price ₹ 15.7
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 6.51
- Dividend Yield 0.00 %
- ROCE -63.2 %
- ROE -92.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -44.3% over past five years.
- Company has a low return on equity of -23.9% over last 3 years.
- Company has high debtors of 572 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 18 | 18 | 24 | 35 | 50 | 54 | 21 | 3 | 2 | 1 | 3 | |
| 16 | 16 | 22 | 32 | 47 | 51 | 21 | 3 | 2 | 1 | 15 | |
| Operating Profit | 2 | 2 | 2 | 2 | 3 | 2 | 0 | 0 | 0 | -0 | -13 |
| OPM % | 12% | 10% | 8% | 7% | 5% | 5% | 1% | 2% | 3% | -4% | -439% |
| 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | |
| Interest | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | -12 |
| Tax % | -13% | 4% | 37% | 22% | 11% | 26% | 20% | 0% | 0% | 0% | 0% |
| 1 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | -12 | |
| EPS in Rs | 1.13 | 0.59 | 0.35 | 0.47 | 0.55 | 0.19 | -0.05 | -0.25 | -0.13 | -0.11 | -11.13 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -17% |
| 5 Years: | -44% |
| 3 Years: | -2% |
| TTM: | 273% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -10100% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | -16% |
| 3 Years: | -24% |
| Last Year: | -92% |
Balance Sheet
Figures in Rs. Crores
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 7 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 8 | -4 |
| 7 | 7 | 8 | 19 | 9 | 16 | 12 | 12 | 12 | 12 | 0 | |
| 10 | 11 | 7 | 11 | 18 | 15 | 3 | 3 | 3 | 3 | 0 | |
| Total Liabilities | 32 | 33 | 30 | 46 | 43 | 48 | 36 | 35 | 35 | 35 | 7 |
| 6 | 5 | 5 | 6 | 6 | 6 | 4 | 4 | 3 | 3 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 7 | 7 | 4 | 4 | 0 | 3 | 3 | 3 | 3 | 3 | 0 |
| 19 | 21 | 21 | 36 | 37 | 38 | 29 | 28 | 28 | 28 | 7 | |
| Total Assets | 32 | 33 | 30 | 46 | 43 | 48 | 36 | 35 | 35 | 35 | 7 |
Cash Flows
Figures in Rs. Crores
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 1 | -2 | -8 | 9 | 1 | 0 | 0 | ||||
| -6 | 0 | 3 | -1 | 3 | -1 | 0 | 0 | ||||
| 1 | -1 | -1 | 10 | -12 | -1 | 0 | 0 | ||||
| Net Cash Flow | -0 | 0 | -0 | 0 | -0 | 0 | 0 | 0 | |||
| Free Cash Flow | 6 | 1 | -2 | -10 | 8 | 1 | 0 | 0 | |||
| CFO/OP | 253% | 43% | -109% | -335% | 342% | 61% | 0% | 0% |
Ratios
Figures in Rs. Crores
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 242 | 246 | 181 | 133 | 195 | 173 | 411 | 2,791 | 4,853 | 11,092 | 572 |
| Inventory Days | 124 | 151 | 98 | 95 | 63 | 66 | 4 | 0 | 0 | 0 | 0 |
| Days Payable | 115 | 125 | 111 | 124 | 152 | 112 | 53 | ||||
| Cash Conversion Cycle | 251 | 272 | 167 | 104 | 107 | 126 | 362 | 2,791 | 4,853 | 11,092 | 572 |
| Working Capital Days | 163 | 184 | 195 | 254 | 130 | 152 | 267 | 1,794 | 3,134 | 7,163 | 574 |
| ROCE % | 7% | 7% | 8% | 8% | 7% | -1% | -1% | -0% | -0% | -63% |
Insights
In beta| Apr 2015 | |
|---|---|
| Manufacturing Units Number |
|
| Total Bank Loan Facilities Rated Rs. Million |
Extracted by Screener AI