Spice Islands Industries Ltd

Spice IslandsInd Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Spice Islands Industries Ltd

₹ 42.4 0.02%
20 Dec - close price
spiceislandsindia.com BSE: 526827
About

Incorporated in 1988, Spice Islands Apparels Ltd is a manufacturer, seller and exporter of woven and knitted garments.

Key Points

Product Profile:[1]
Shirts, Blouses, Skirts, T-shirts, Polo shirts and Sweatshirts. Company also invests surplus funds from operations in Equity shares, Mutual Funds and Alternative Investments.

Website BSE
  • Market Cap ₹ 18.2 Cr.
  • Current Price ₹ 42.4
  • High / Low ₹ 56.7 / 25.3
  • Stock P/E
  • Book Value ₹ -2.72
  • Dividend Yield 0.00 %
  • ROCE 212 %
  • ROE %
  • Face Value ₹ 10.0
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Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -44.5% over past five years.

* 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: Readymade Garments/ Apparells Industry: Textiles - Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.60 0.91 0.81 0.02 0.15 0.51 0.19 0.20 0.13 0.10 0.48 0.00 0.10
0.98 1.30 0.80 0.12 0.17 0.58 0.22 0.13 0.10 0.18 0.49 0.13 0.44
Operating Profit -0.38 -0.39 0.01 -0.10 -0.02 -0.07 -0.03 0.07 0.03 -0.08 -0.01 -0.13 -0.34
OPM % -63.33% -42.86% 1.23% -500.00% -13.33% -13.73% -15.79% 35.00% 23.08% -80.00% -2.08% -340.00%
0.01 0.00 0.09 0.04 0.01 0.09 0.08 0.01 0.08 0.18 0.16 0.24 0.06
Interest 0.02 0.01 0.01 0.01 0.01 0.00 0.04 0.02 0.02 0.02 0.02 0.02 0.02
Depreciation 0.01 0.02 0.06 0.01 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.03 -0.01
Profit before tax -0.40 -0.42 0.03 -0.08 -0.04 0.01 0.00 0.05 0.08 0.07 0.12 0.06 -0.29
Tax % 0.00% 0.00% 33.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 220.69%
-0.39 -0.42 0.02 -0.08 -0.03 0.01 -0.02 0.05 0.08 0.07 0.11 0.06 -0.93
EPS in Rs -0.91 -0.98 0.05 -0.19 -0.07 0.02 -0.05 0.12 0.19 0.16 0.26 0.14 -2.16
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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 TTM
12.32 16.17 24.11 22.95 17.73 28.82 17.03 15.64 6.60 2.68 0.86 0.90 0.68
13.04 16.29 23.52 22.77 19.53 30.39 21.23 18.34 8.21 3.60 1.03 0.91 1.24
Operating Profit -0.72 -0.12 0.59 0.18 -1.80 -1.57 -4.20 -2.70 -1.61 -0.92 -0.17 -0.01 -0.56
OPM % -5.84% -0.74% 2.45% 0.78% -10.15% -5.45% -24.66% -17.26% -24.39% -34.33% -19.77% -1.11% -82.35%
0.55 1.01 0.77 0.81 1.04 1.22 0.52 0.42 -0.13 -0.13 0.17 0.43 0.64
Interest 0.27 0.16 0.15 0.17 0.24 0.43 0.43 0.29 0.14 0.11 0.06 0.06 0.08
Depreciation 0.27 0.24 0.39 0.49 0.47 0.49 0.48 0.39 0.30 0.15 0.04 0.04 0.04
Profit before tax -0.71 0.49 0.82 0.33 -1.47 -1.27 -4.59 -2.96 -2.18 -1.31 -0.10 0.32 -0.04
Tax % 7.04% 12.24% 25.61% 15.15% 5.44% 3.94% -14.60% -1.01% 0.00% 0.76% 20.00% 0.00%
-0.76 0.43 0.61 0.28 -1.54 -1.32 -3.91 -2.94 -2.18 -1.32 -0.12 0.32 -0.69
EPS in Rs -1.77 1.00 1.42 0.65 -3.58 -3.07 -9.09 -6.84 -5.07 -3.07 -0.28 0.74 -1.60
Dividend Payout % -28.29% 100.00% 105.74% 115.18% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -25%
5 Years: -44%
3 Years: -49%
TTM: -34%
Compounded Profit Growth
10 Years: -2%
5 Years: 16%
3 Years: 29%
TTM: -675%
Stock Price CAGR
10 Years: 8%
5 Years: 15%
3 Years: 59%
1 Year: 58%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

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 Sep 2024
Equity Capital 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30
Reserves 9.31 9.24 8.88 8.77 6.83 5.52 1.59 -1.35 -3.53 -4.82 -4.92 -4.60 -5.47
0.39 0.16 0.20 1.08 2.52 4.80 3.45 1.92 2.01 0.87 0.63 0.63 1.76
1.42 1.36 2.56 1.80 1.88 3.40 2.56 3.51 2.25 3.18 1.93 0.96 1.49
Total Liabilities 15.42 15.06 15.94 15.95 15.53 18.02 11.90 8.38 5.03 3.53 1.94 1.29 2.08
2.79 2.33 1.94 2.89 3.08 3.12 2.23 2.08 1.25 0.84 0.60 0.21 0.79
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 2.14 2.68 2.36 2.88 2.96 2.71 1.81 0.19 0.00 0.00 0.00 0.00 0.01
10.49 10.05 11.64 10.18 9.49 12.19 7.86 6.11 3.78 2.69 1.34 1.08 1.28
Total Assets 15.42 15.06 15.94 15.95 15.53 18.02 11.90 8.38 5.03 3.53 1.94 1.29 2.08

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
2.37 1.02 -2.64 1.56 -1.78 -3.43 0.82 -0.24 -0.90 0.76 0.07 -1.22
0.00 0.18 0.74 -1.37 0.85 0.38 0.54 2.12 0.50 0.15 0.15 0.37
-3.39 -0.63 -0.62 -0.29 0.79 1.92 -1.72 -1.72 -0.08 -1.20 -0.30 0.96
Net Cash Flow -1.02 0.57 -2.52 -0.10 -0.13 -1.13 -0.35 0.16 -0.48 -0.28 -0.08 0.10

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 42.96 3.84 12.11 22.90 52.08 73.33 48.22 26.14 37.61 104.87 25.47 0.00
Inventory Days 70.91 61.13 60.59 64.87 62.17 22.34 53.23 40.19 10.11 4.40 0.00
Days Payable 73.32 43.75 38.92 28.33 54.17 43.12 67.42 57.25 39.53 54.97
Cash Conversion Cycle 40.54 21.22 33.78 59.44 60.09 52.55 34.03 9.07 8.19 54.30 25.47 0.00
Working Capital Days 53.33 14.90 52.38 52.64 93.67 85.36 68.80 18.20 -16.59 -239.70 -674.83 -279.83
ROCE % -2.83% 4.26% 5.98% 2.32% -14.17% -11.46% -34.39% -36.45% -46.54% -61.34% 5.56% 211.76%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
62.34% 62.34% 62.34% 62.34% 62.34% 62.34% 62.34% 0.00% 0.00% 62.50% 62.50% 62.50%
37.66% 37.66% 37.66% 37.65% 37.66% 37.64% 37.64% 99.99% 99.99% 37.49% 37.51% 37.50%
No. of Shareholders 2,2292,3782,3402,3402,3442,3682,2032,1952,2082,1582,1192,097

Documents

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