Source Industries (India) Ltd
Source Industries (India) is having the business of Textile.
- Market Cap ₹ 3.75 Cr.
- Current Price ₹ 3.29
- High / Low ₹ 3.41 / 2.41
- Stock P/E 23.4
- Book Value ₹ 3.31
- Dividend Yield 0.00 %
- ROCE -5.19 %
- ROE 3.82 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.95 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 13.0%
- Company has a low return on equity of -5.39% over last 3 years.
- Contingent liabilities of Rs.3.26 Cr.
- Company has high debtors of 3,285 days.
- Working capital days have increased from 3,464 days to 9,959 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 - Processing
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | |
|---|---|---|---|---|
| 6.65 | 5.64 | 2.37 | 0.07 | |
| 7.13 | 5.75 | 2.27 | 0.21 | |
| Operating Profit | -0.48 | -0.11 | 0.10 | -0.14 |
| OPM % | -7.22% | -1.95% | 4.22% | -200.00% |
| 0.32 | 0.25 | 0.02 | -0.96 | |
| Interest | 0.00 | 0.00 | 0.03 | 0.02 |
| Depreciation | 0.78 | 0.78 | 0.78 | 0.13 |
| Profit before tax | -0.94 | -0.64 | -0.69 | -1.25 |
| Tax % | -23.40% | -34.38% | -40.58% | -32.00% |
| -0.72 | -0.42 | -0.41 | -0.84 | |
| EPS in Rs | -0.93 | -0.54 | -0.36 | -0.74 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -78% |
| TTM: | -97% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| TTM: | 139% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | 57% |
| 3 Years: | 8% |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -5% |
| Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | |
|---|---|---|---|---|
| Equity Capital | 7.77 | 11.40 | 11.40 | 11.40 |
| Reserves | -5.95 | -6.37 | -6.79 | -7.63 |
| 3.64 | 0.03 | 0.36 | 0.13 | |
| 7.78 | 0.96 | 2.70 | 3.51 | |
| Total Liabilities | 13.24 | 6.02 | 7.67 | 7.41 |
| 4.31 | 3.53 | 2.74 | 1.16 | |
| CWIP | 0.05 | 0.05 | 0.05 | 0.05 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| 8.88 | 2.44 | 4.88 | 6.20 | |
| Total Assets | 13.24 | 6.02 | 7.67 | 7.41 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | |
|---|---|---|---|---|
| -4.73 | 0.35 | -0.27 | ||
| 0.01 | 0.02 | 0.48 | ||
| 3.63 | 0.00 | 0.00 | ||
| Net Cash Flow | -1.09 | 0.37 | 0.21 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | |
|---|---|---|---|---|
| Debtor Days | 357.86 | 0.00 | 95.49 | 3,285.00 |
| Inventory Days | 6.14 | 15.87 | 2,920.00 | |
| Days Payable | 0.68 | 88.16 | 17,885.00 | |
| Cash Conversion Cycle | 357.86 | 5.46 | 23.19 | -11,680.00 |
| Working Capital Days | 53.24 | 122.31 | 309.56 | 9,959.29 |
| ROCE % | -12.17% | -13.16% | -5.19% |
Documents
Announcements
-
Detailed Public Statement
10 Jan - Submission of Detailed Public Statement for open offer.
-
Open Offer - Public Announcement
3 Jan - Open offer for acquisition of 34,00,000 shares of Source Industries.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 3 Jan
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 3 Jan
- Closure of Trading Window 31 Dec
Annual reports
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Financial Year 2024
from bse
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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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Overview[1]
Source Industries India Ltd. operates in the field of textile processing, manufacturing blankets and processed cloth. Incorporated in 1984 as Tirumala Textile Processors Ltd. and later changed its name to Tirumala Seung Han Textiles Ltd. until 1996, Source Industries India is based in Hyderabad.