Spice Islands Industries Ltd
₹ 49.0
0.00%
21 Nov
4:00 p.m.
About
Incorporated in 1988, Spice Islands Apparels Ltd is a manufacturer, seller and exporter of woven and knitted garments.
Key Points
- Market Cap ₹ 21.1 Cr.
- Current Price ₹ 49.0
- High / Low ₹ 56.7 / 22.3
- Stock P/E
- Book Value ₹ -2.72
- Dividend Yield 0.00 %
- ROCE 212 %
- ROE %
- Face Value ₹ 10.0
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
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: | 19% |
| 3 Years: | 91% |
| 1 Year: | 120% |
| 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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Disclosure under Regulation 30 & 47 of the SEBI (LODR) Regulations, 2015
-
Non Applicability Of Regulation 23 (9) Of SEBI (LODR) Regulations, 2015, For The Half Year Ended September 30, 2024
12 Nov - Non-applicability of certain SEBI regulations for the company.
- Outcome Of The Board Meeting Dated November 12, 2024 Under Regulation 30 & 33 Read With Schedule III Of SEBI (LODR) Regulations, 2015 ('Listing Regulations'). 12 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting- Unaudited Financial Results For 2Nd Quarter And Half Year Ended September 30, 2024
12 Nov - Board approved unaudited financial results for Q2 2024.
-
Board Meeting Intimation for Board Meeting Intimation For Meeting Of Board Of The Company Will Be Held On Tuesday November 12, 2024 To Consider And Approve The Un-Audited Financial Results For The Quarter And Half Year Ended September 30, 2024.
5 Nov - Board meeting to approve Q2 financial results.
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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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.