Texel Industries Ltd
Incorporated in 1989, Texel Industries Ltd manufactures Tarpaulins and Geomembranes[1]
- Market Cap ₹ 71.5 Cr.
- Current Price ₹ 85.8
- High / Low ₹ 103 / 31.1
- Stock P/E
- Book Value ₹ 16.9
- Dividend Yield 0.00 %
- ROCE -6.57 %
- ROE -46.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 5.06 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.32% over past five years.
- Company has a low return on equity of -25.0% over last 3 years.
- Promoters have pledged 30.0% of their holding.
- 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|
91.08 | 112.35 | 95.31 | 82.79 | 90.94 | 99.72 | 94.89 | 94.14 | |
86.03 | 107.22 | 90.37 | 77.84 | 85.56 | 101.31 | 92.62 | 91.92 | |
Operating Profit | 5.05 | 5.13 | 4.94 | 4.95 | 5.38 | -1.59 | 2.27 | 2.22 |
OPM % | 5.54% | 4.57% | 5.18% | 5.98% | 5.92% | -1.59% | 2.39% | 2.36% |
0.57 | 0.35 | 0.22 | 0.24 | 1.02 | 0.46 | 0.07 | 0.11 | |
Interest | 0.87 | 1.70 | 1.49 | 1.42 | 3.36 | 4.74 | 5.54 | 4.93 |
Depreciation | 0.51 | 0.73 | 0.60 | 0.81 | 1.42 | 5.27 | 5.46 | 5.26 |
Profit before tax | 4.24 | 3.05 | 3.07 | 2.96 | 1.62 | -11.14 | -8.66 | -7.86 |
Tax % | 28.07% | 26.89% | 32.57% | 28.04% | 29.01% | 0.36% | 0.00% | |
3.04 | 2.23 | 2.07 | 2.13 | 1.16 | -11.18 | -8.66 | -7.88 | |
EPS in Rs | 3.66 | 2.69 | 2.49 | 2.57 | 1.39 | -13.41 | -10.38 | -9.44 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -3% |
3 Years: | 5% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 34% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 12% |
1 Year: | 57% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -13% |
3 Years: | -25% |
Last Year: | -47% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 5.22 | 5.22 | 5.22 | 5.22 | 8.34 | 8.34 | 8.34 |
Reserves | 9.03 | 11.64 | 13.60 | 15.82 | 25.77 | 14.51 | 5.79 |
1.51 | 1.63 | 1.63 | 22.96 | 39.52 | 32.74 | 24.37 | |
20.40 | 28.78 | 17.00 | 29.36 | 30.88 | 52.18 | 57.11 | |
Total Liabilities | 36.16 | 47.27 | 37.45 | 73.36 | 104.51 | 107.77 | 95.61 |
7.16 | 8.49 | 8.83 | 25.07 | 54.54 | 54.73 | 50.07 | |
CWIP | 0.00 | 0.01 | 1.46 | 6.25 | 0.86 | 0.00 | 0.03 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
29.00 | 38.77 | 27.16 | 42.04 | 49.11 | 53.04 | 45.51 | |
Total Assets | 36.16 | 47.27 | 37.45 | 73.36 | 104.51 | 107.77 | 95.61 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
2.07 | 3.74 | 4.42 | 19.95 | 1.15 | 16.87 | 15.12 | |
-2.35 | -2.19 | -2.04 | -22.19 | -25.41 | -4.18 | -0.90 | |
0.07 | -1.59 | -1.49 | 0.93 | 24.22 | -12.52 | -14.68 | |
Net Cash Flow | -0.21 | -0.04 | 0.89 | -1.30 | -0.04 | 0.17 | -0.45 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 49.57 | 59.55 | 23.55 | 76.80 | 29.94 | 59.92 | 52.58 |
Inventory Days | 71.04 | 69.14 | 79.07 | 86.15 | 114.21 | 91.84 | 87.88 |
Days Payable | 71.04 | 98.43 | 57.73 | 132.32 | 122.06 | 152.14 | 148.24 |
Cash Conversion Cycle | 49.57 | 30.26 | 44.90 | 30.63 | 22.10 | -0.39 | -7.77 |
Working Capital Days | 28.97 | 27.29 | 25.05 | 25.00 | 53.98 | -2.67 | -49.27 |
ROCE % | 27.74% | 23.42% | 13.72% | 8.47% | -9.91% | -6.57% |
Documents
Announcements
- Closure of Trading Window 30 Sep
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Sep - Copies of newspaper advertisement of the Notice of Extra-ordinary General Meeting of the Company.
- Intimation Of Extra-Ordinary General Meeting Of Texel Industries Limited.("Company") 12 Sep
-
Board Meeting Outcome for Outcome Of Board Meeting Dated September 10, 2024.
10 Sep - Board approved preferential issue of equity shares and warrants.
-
Board Meeting Intimation for To Consider And Approve The Proposal Of Raising Of Funds.
5 Sep - Board meeting to consider preferential issue of equity shares.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2009
from bse
-
Financial Year 2008
from bse
Product Profile:
a) Geomembrane[1]
b) Agrosheet[2]
c) Azollabed[3]
d) Geotube[4]
e) Vermibed[5]
f) Growbags[6]
g) Geotank[7]
h) Tarapaulins[8]