Katare Spinning Mills Ltd
Incorporated in 1980, Katare Spinning Mills Ltd is in the business of cotton yarn, solar power and hospitality[1]
- Market Cap ₹ 63.3 Cr.
- Current Price ₹ 222
- High / Low ₹ 275 / 202
- Stock P/E
- Book Value ₹ 413
- Dividend Yield 0.00 %
- ROCE -1.51 %
- ROE -1.65 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.54 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -34.0% over past five years.
- Company has a low return on equity of -1.66% over last 3 years.
- Company has high debtors of 155 days.
- Working capital days have increased from 205 days to 302 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 - Cotton/Blended
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
40.81 | 36.26 | 35.45 | 32.71 | 35.32 | 32.38 | 31.99 | 31.29 | 10.47 | 3.46 | 6.87 | 4.00 | 4.43 | |
38.37 | 34.30 | 35.76 | 32.26 | 35.32 | 32.41 | 32.30 | 32.20 | 10.83 | 6.39 | 7.91 | 4.80 | 5.50 | |
Operating Profit | 2.44 | 1.96 | -0.31 | 0.45 | 0.00 | -0.03 | -0.31 | -0.91 | -0.36 | -2.93 | -1.04 | -0.80 | -1.07 |
OPM % | 5.98% | 5.41% | -0.87% | 1.38% | 0.00% | -0.09% | -0.97% | -2.91% | -3.44% | -84.68% | -15.14% | -20.00% | -24.15% |
0.50 | 1.31 | 1.04 | 2.56 | 0.50 | 0.52 | 4.55 | 0.21 | 0.10 | 24.49 | 1.25 | 0.35 | 0.38 | |
Interest | 2.17 | 2.50 | 1.70 | 3.23 | 3.08 | 3.20 | 3.24 | 0.64 | 0.60 | 5.25 | 0.18 | 0.31 | 0.30 |
Depreciation | 0.55 | 0.59 | 0.63 | 1.09 | 1.10 | 1.08 | 0.87 | 0.89 | 0.87 | 1.36 | 1.37 | 1.30 | 1.28 |
Profit before tax | 0.22 | 0.18 | -1.60 | -1.31 | -3.68 | -3.79 | 0.13 | -2.23 | -1.73 | 14.95 | -1.34 | -2.06 | -2.27 |
Tax % | -104.55% | 194.44% | -111.25% | -74.05% | -28.80% | -22.96% | 30.77% | 0.00% | 0.00% | 47.02% | 12.69% | -9.22% | |
0.45 | -0.17 | 0.19 | -0.34 | -2.61 | -2.92 | 0.10 | -2.23 | -1.74 | 7.92 | -1.51 | -1.87 | -2.08 | |
EPS in Rs | 1.58 | -0.60 | 0.67 | -1.19 | -9.16 | -10.25 | 0.35 | -7.82 | -6.11 | 27.79 | -5.30 | -6.56 | -7.29 |
Dividend Payout % | 63.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -20% |
5 Years: | -34% |
3 Years: | -27% |
TTM: | -33% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -4% |
TTM: | -45% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 85% |
3 Years: | 118% |
1 Year: | -12% |
Return on Equity | |
---|---|
10 Years: | -4% |
5 Years: | -3% |
3 Years: | -2% |
Last Year: | -2% |
Balance Sheet
Figures in Rs. Crores
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 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 | 2.85 |
Reserves | 10.06 | 9.68 | 8.11 | 7.50 | 4.89 | 1.97 | 2.07 | -0.16 | -1.89 | 122.21 | 116.61 | 114.74 |
14.96 | 21.30 | 27.18 | 25.29 | 28.87 | 31.46 | 31.93 | 29.01 | 28.90 | 0.57 | 3.36 | 3.60 | |
4.24 | 4.59 | 1.76 | 6.49 | 3.76 | 4.40 | 3.91 | 1.79 | 1.96 | 4.12 | 1.33 | 0.88 | |
Total Liabilities | 32.11 | 38.42 | 39.90 | 42.13 | 40.37 | 40.68 | 40.76 | 33.49 | 31.82 | 129.75 | 124.15 | 122.07 |
14.59 | 14.05 | 11.85 | 20.36 | 19.69 | 18.62 | 17.91 | 17.32 | 16.42 | 124.86 | 116.60 | 115.42 | |
CWIP | 0.07 | 7.38 | 10.24 | 0.79 | 0.76 | 0.76 | 0.81 | 0.76 | 0.76 | 0.12 | 0.12 | 0.07 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
17.45 | 16.99 | 17.81 | 20.98 | 19.92 | 21.30 | 22.04 | 15.41 | 14.64 | 4.77 | 7.43 | 6.58 | |
Total Assets | 32.11 | 38.42 | 39.90 | 42.13 | 40.37 | 40.68 | 40.76 | 33.49 | 31.82 | 129.75 | 124.15 | 122.07 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.25 | -7.24 | 1.99 | -0.88 | 2.37 | 0.06 | 2.42 | -2.52 | 0.58 | 4.77 | -3.97 | -0.20 | |
-0.14 | -1.99 | -2.35 | 2.68 | 0.06 | 0.50 | -0.89 | 6.09 | 0.13 | 24.54 | 1.36 | 0.28 | |
0.20 | 8.97 | 0.35 | -1.79 | -2.46 | -0.59 | -1.54 | -3.56 | -0.71 | -29.30 | 2.65 | -0.07 | |
Net Cash Flow | 0.31 | -0.26 | -0.02 | 0.01 | -0.02 | -0.04 | -0.02 | 0.01 | -0.01 | 0.02 | 0.04 | 0.01 |
Ratios
Figures in Rs. Crores
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 | 13.59 | 9.86 | 11.53 | 17.18 | 7.44 | 22.88 | 22.93 | 26.01 | 65.19 | 174.06 | 113.17 | 155.12 |
Inventory Days | 27.86 | 34.41 | 24.38 | 29.11 | 155.49 | 32.48 | 264.12 | 28.00 | 73.84 | 201.74 | 97.00 | 158.35 |
Days Payable | 18.54 | 35.06 | 14.18 | 41.22 | 183.82 | 41.94 | 239.36 | 8.67 | 35.58 | 29.15 | 3.36 | 4.49 |
Cash Conversion Cycle | 22.92 | 9.21 | 21.73 | 5.07 | -20.89 | 13.42 | 47.70 | 45.34 | 103.45 | 346.65 | 206.80 | 308.99 |
Working Capital Days | 20.39 | 25.67 | 36.04 | -8.70 | 5.79 | 10.15 | 23.05 | 43.51 | 99.70 | 97.05 | 216.24 | 302.04 |
ROCE % | 8.83% | 5.90% | -0.11% | 5.20% | -1.66% | -1.76% | 8.86% | -4.96% | -3.74% | 6.29% | -1.90% | -1.51% |
Documents
Announcements
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Board Meeting Intimation for Board Meeting Intimation Under Reg 29 And 33 Of The SEBI (LODR), Regulations 2015
4 Nov - Board meeting scheduled for financial results review.
- Closure of Trading Window 7 Oct
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Oct - Certificate under Regulation 74(5) for Q2 2024.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
27 Sep - Appointment and re-appointment of independent directors.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 27 Sep
Annual reports
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Financial Year 2024
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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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Services Offered:[1]
a) Spinning Mill:
Company manufactures specialty cotton yarn
b) Solar Power Project:
Company had installed 1MW solar plant for captive consumption under net metering system
c) Hotel Division