H P Cotton Textile Mills Ltd
Incorporated in 1981, H.P. Cotton Textile
Mills Ltd does manufacturing of Sewing Threads and Hosiery Yarn for local and export markets. It is situated in Hisar,Haryana[1]
- Market Cap ₹ 54.6 Cr.
- Current Price ₹ 139
- High / Low ₹ 170 / 85.6
- Stock P/E 59.3
- Book Value ₹ 35.1
- Dividend Yield 0.00 %
- ROCE 4.48 %
- ROE 6.87 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 36.0 to 24.5 days.
- Company's working capital requirements have reduced from 63.3 days to 42.3 days
Cons
- Stock is trading at 3.96 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.47% over past five years.
- Company has a low return on equity of -17.4% over last 3 years.
- Earnings include an other income of Rs.1.80 Cr.
* 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
86.25 | 97.57 | 91.80 | 88.50 | 90.24 | 107.43 | 91.41 | 81.76 | 96.57 | 132.19 | 83.98 | 93.56 | |
77.55 | 88.85 | 85.75 | 83.46 | 91.00 | 103.91 | 88.59 | 77.31 | 87.20 | 118.85 | 95.52 | 89.37 | |
Operating Profit | 8.70 | 8.72 | 6.05 | 5.04 | -0.76 | 3.52 | 2.82 | 4.45 | 9.37 | 13.34 | -11.54 | 4.19 |
OPM % | 10.09% | 8.94% | 6.59% | 5.69% | -0.84% | 3.28% | 3.09% | 5.44% | 9.70% | 10.09% | -13.74% | 4.48% |
0.38 | 0.40 | 0.31 | 0.53 | 0.46 | 4.14 | 2.08 | 1.87 | 1.32 | 2.31 | 2.08 | 1.80 | |
Interest | 2.42 | 2.03 | 1.89 | 1.39 | 1.87 | 2.50 | 3.03 | 3.34 | 2.49 | 3.07 | 5.35 | 6.67 |
Depreciation | 1.31 | 1.33 | 1.26 | 1.20 | 1.08 | 1.61 | 1.85 | 2.60 | 2.71 | 2.96 | 3.97 | 3.50 |
Profit before tax | 5.35 | 5.76 | 3.21 | 2.98 | -3.25 | 3.55 | 0.02 | 0.38 | 5.49 | 9.62 | -18.78 | -4.18 |
Tax % | 36.64% | 30.90% | 38.63% | 32.21% | 33.85% | 33.52% | 1,450.00% | 13.16% | 34.43% | 26.82% | 3.83% | 122.01% |
3.39 | 3.98 | 1.97 | 2.02 | -2.15 | 2.35 | -0.28 | 0.34 | 3.60 | 7.04 | -18.05 | 0.92 | |
EPS in Rs | 8.90 | 10.45 | 5.17 | 5.30 | -5.64 | 6.17 | -0.73 | 0.89 | 9.45 | 18.21 | -46.02 | 2.35 |
Dividend Payout % | 11.24% | 9.57% | 19.34% | 18.86% | 0.00% | 16.21% | 0.00% | 0.00% | 0.00% | 5.50% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | 0% |
3 Years: | -1% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | -14% |
5 Years: | 34% |
3 Years: | -36% |
TTM: | 105% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 39% |
3 Years: | 25% |
1 Year: | 45% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | -7% |
3 Years: | -17% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3.81 | 3.81 | 3.81 | 3.81 | 3.81 | 3.81 | 3.81 | 3.81 | 3.81 | 3.87 | 3.92 | 3.92 |
Reserves | 10.29 | 13.82 | 13.43 | 14.99 | 12.76 | 15.17 | 14.45 | 15.20 | 18.53 | 26.60 | 9.08 | 9.86 |
15.02 | 12.81 | 10.71 | 10.78 | 20.25 | 23.13 | 27.94 | 15.42 | 19.92 | 34.99 | 45.16 | 39.25 | |
14.11 | 15.51 | 14.64 | 14.54 | 22.32 | 28.35 | 27.43 | 26.41 | 39.22 | 37.75 | 34.15 | 35.41 | |
Total Liabilities | 43.23 | 45.95 | 42.59 | 44.12 | 59.14 | 70.46 | 73.63 | 60.84 | 81.48 | 103.21 | 92.31 | 88.44 |
11.34 | 10.90 | 8.78 | 7.78 | 7.45 | 21.75 | 21.53 | 22.38 | 22.60 | 37.53 | 41.13 | 37.93 | |
CWIP | 0.02 | 0.02 | 0.02 | 0.00 | 10.22 | 0.36 | 0.81 | 0.00 | 1.03 | 1.72 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.55 | 0.01 |
31.87 | 35.03 | 33.79 | 36.34 | 41.47 | 48.35 | 51.29 | 38.46 | 57.85 | 63.96 | 50.63 | 50.50 | |
Total Assets | 43.23 | 45.95 | 42.59 | 44.12 | 59.14 | 70.46 | 73.63 | 60.84 | 81.48 | 103.21 | 92.31 | 88.44 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7.19 | 4.80 | 6.33 | 1.25 | 3.39 | 10.48 | -0.68 | 10.37 | 3.62 | 7.60 | 0.15 | 12.00 | |
-1.56 | -0.67 | -1.77 | 0.26 | -10.57 | -5.49 | -6.92 | 7.27 | -5.64 | -16.63 | -0.02 | -0.27 | |
-5.40 | -4.66 | -4.44 | -1.74 | 6.87 | 0.93 | 1.83 | -17.76 | 2.01 | 9.49 | 0.35 | -12.72 | |
Net Cash Flow | 0.23 | -0.53 | 0.12 | -0.23 | -0.31 | 5.92 | -5.77 | -0.12 | -0.01 | 0.46 | 0.48 | -0.99 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 17.18 | 20.16 | 20.60 | 30.27 | 35.07 | 31.12 | 29.15 | 27.14 | 52.23 | 46.64 | 36.99 | 24.50 |
Inventory Days | 155.96 | 151.81 | 178.56 | 200.67 | 163.47 | 133.01 | 226.39 | 251.78 | 322.78 | 238.23 | 297.42 | 280.05 |
Days Payable | 44.63 | 49.65 | 63.36 | 60.32 | 85.78 | 117.46 | 163.12 | 193.34 | 244.97 | 168.73 | 207.01 | 221.45 |
Cash Conversion Cycle | 128.50 | 122.33 | 135.80 | 170.63 | 112.75 | 46.67 | 92.42 | 85.58 | 130.04 | 116.13 | 127.40 | 83.10 |
Working Capital Days | 70.93 | 74.48 | 74.71 | 90.20 | 66.46 | 34.52 | 32.14 | 45.45 | 62.86 | 74.91 | 72.71 | 42.33 |
ROCE % | 26.44% | 26.12% | 17.50% | 14.43% | -4.79% | 6.87% | 6.93% | 9.25% | 20.78% | 22.95% | -22.34% |
Documents
Announcements
- Intimation Of Closure And Outcome Of Forensic Audit Of Accounts Of H.P. Cotton Textile Mills Limited 28 Jun
- Closure of Trading Window 28 Jun
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 25 Jun
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 24 Jun
- Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011 24 Jun
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 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1]
Company specializes in manufacturing of cotton yarns and threads. Company is an exporter of Cotton Sewing Thread across 30+ countries.