Suditi Industries Ltd
Incorporated in 1991, Suditi Industries Ltd is in the business of processing and manufacturing of knitted hosiery fabrics and readymade garments, and is also in the business of retail sector[1]
- Market Cap ₹ 40.9 Cr.
- Current Price ₹ 15.5
- High / Low ₹ 22.0 / 11.6
- Stock P/E
- Book Value ₹ 0.79
- Dividend Yield 0.00 %
- ROCE -106 %
- ROE -149 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 19.7 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -11.8% over past five years.
- Company has a low return on equity of -225% over last 3 years.
- Company has high debtors of 179 days.
- Company's cost of borrowing seems high
* 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
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 48 | 55 | 59 | 67 | 82 | 98 | 111 | 96 | 51 | 98 | 91 | 60 | |
| 46 | 51 | 53 | 60 | 73 | 88 | 101 | 90 | 60 | 116 | 111 | 71 | |
| Operating Profit | 3 | 4 | 5 | 7 | 8 | 9 | 11 | 6 | -9 | -18 | -19 | -11 |
| OPM % | 6% | 7% | 9% | 10% | 10% | 9% | 10% | 6% | -18% | -18% | -21% | -19% |
| 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | -6 | 14 | 4 | |
| Interest | 1 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 5 | 3 | 2 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 3 |
| Profit before tax | 1 | 1 | 1 | 3 | 4 | 5 | 6 | 0 | -15 | -29 | -11 | -12 |
| Tax % | 19% | 20% | 19% | 44% | 43% | 30% | 32% | 95% | 0% | 0% | -2% | -3% |
| 1 | 1 | 1 | 1 | 2 | 3 | 4 | 0 | -15 | -29 | -11 | -12 | |
| EPS in Rs | 0.22 | 0.30 | 0.38 | 0.57 | 0.81 | 1.30 | 1.48 | 0.01 | -5.56 | -10.62 | -3.99 | -4.49 |
| Dividend Payout % | 144% | 108% | 85% | 79% | 40% | 10% | 9% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | -12% |
| 3 Years: | 6% |
| TTM: | -35% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| TTM: | 50% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -4% |
| 3 Years: | -2% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | -25% |
| 5 Years: | -73% |
| 3 Years: | -225% |
| Last Year: | -149% |
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 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 18 | 18 | 18 | 26 | 26 |
| Reserves | 8 | 8 | 9 | 10 | 13 | 16 | 21 | 24 | 9 | -20 | -13 | -24 |
| 12 | 16 | 18 | 22 | 25 | 27 | 38 | 35 | 41 | 41 | 1 | 2 | |
| 12 | 11 | 12 | 13 | 17 | 19 | 27 | 36 | 34 | 49 | 49 | 48 | |
| Total Liabilities | 48 | 52 | 55 | 62 | 71 | 79 | 102 | 113 | 102 | 88 | 64 | 52 |
| 9 | 9 | 12 | 12 | 10 | 10 | 10 | 9 | 8 | 8 | 14 | 11 | |
| CWIP | 3 | 4 | 0 | 0 | 0 | 2 | 1 | 1 | 2 | 2 | 0 | 0 |
| Investments | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| 35 | 39 | 43 | 49 | 59 | 66 | 90 | 102 | 92 | 77 | 48 | 39 | |
| Total Assets | 48 | 52 | 55 | 62 | 71 | 79 | 102 | 113 | 102 | 88 | 64 | 52 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | 3 | 2 | -1 | -1 | 8 | -7 | 4 | 0 | 6 | -3 | 4 | |
| -8 | -2 | -1 | -2 | -1 | -8 | 0 | -2 | -1 | -2 | 13 | -1 | |
| 9 | -1 | -1 | 4 | 2 | -0 | 7 | -3 | 0 | -4 | -10 | -3 | |
| Net Cash Flow | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 |
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 | 67 | 65 | 68 | 101 | 102 | 87 | 143 | 156 | 262 | 138 | 132 | 179 |
| Inventory Days | 356 | 306 | 339 | 296 | 270 | 207 | 164 | 248 | 387 | 99 | 34 | 26 |
| Days Payable | 186 | 141 | 138 | 127 | 125 | 97 | 118 | 171 | 263 | 154 | 160 | 176 |
| Cash Conversion Cycle | 236 | 229 | 269 | 271 | 246 | 198 | 189 | 233 | 385 | 82 | 6 | 30 |
| Working Capital Days | 135 | 146 | 158 | 174 | 170 | 143 | 181 | 218 | 357 | 75 | 18 | -41 |
| ROCE % | 7% | 8% | 9% | 12% | 13% | 14% | 13% | 6% | -14% | -34% | -76% | -106% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jul - With reference to the above cited subject, we are enclosing herewith the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the …
- Closure of Trading Window 27 Jun
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Announcement under Regulation 30 (LODR)-Newspaper Publication
31 May - Dear Sir, Please find enclosed copies of the newspaper clippings of the audited statement of Standalone and Consolidated financial results of the Company for the …
-
Announcement under Regulation 30 (LODR)-Change in Management
30 May - Company, in their meeting held today, inter-alia, considered and approved the following: 1. Appointment of Ms. Seeta Chandanlal Shah as the Chief Financial Officer of …
- Financial Results For March 31 2024 30 May
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
from bse
Concalls
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Sep 2019TranscriptNotesPPT
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Jul 2019TranscriptNotesPPT
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Jul 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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Jun 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Dec 2017TranscriptNotesPPT
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Dec 2017TranscriptNotesPPT
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Sep 2017TranscriptNotesPPT
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Sep 2017TranscriptNotesPPT
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Jun 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
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Aug 2016TranscriptNotesPPT
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Jun 2016TranscriptNotesPPT
Product Portfolio:[1]
a) Knitting: The knitting department has an annual production capacity of ~2000 tons and it manufactures Single Jersey, Pique, Rib, Terry, Interlocks, Pointelle, Fleece and Jacquards.
b) Dyeing: The dyeing department has a daily dyeing capacity is ~12 tons of fabric and it primarily works with cotton, viscose and polyester blends
c) Printing: It provides customers with a variety of print techniques including Reactive, Discharge,
Disperse and Pigment prints
d) Finishing: This provides clients with products tailored to their exact specifications viz. finishing winter knits, softening fabrics or undertaking stain repellent and odour eliminating treatments.
e) Garmenting: This has a capacity of daily production of ~6000 pieces which includes knitted garments for men, women and kids