Subhash Silk Mills Ltd
Incorporated in 1949, Subhash Silk Mills Ltd
is engaged in the manufacturing of fabrics and warehousing activities.
- Market Cap ₹ 10.4 Cr.
- Current Price ₹ 24.6
- High / Low ₹ 33.3 / 12.6
- Stock P/E 22.6
- Book Value ₹ 24.8
- Dividend Yield 0.00 %
- ROCE 7.35 %
- ROE 4.48 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.99 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.63% over last 3 years.
- Earnings include an other income of Rs.2.88 Cr.
* 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.13 | 0.13 | 0.15 | 0.20 | 0.01 | 0.06 | 0.05 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | |
1.42 | 1.30 | 1.47 | 1.66 | 1.09 | 1.21 | 1.24 | 1.26 | 1.12 | 1.35 | 1.63 | 1.55 | |
Operating Profit | -1.29 | -1.17 | -1.32 | -1.46 | -1.08 | -1.15 | -1.19 | -1.26 | -1.11 | -1.34 | -1.62 | -1.55 |
OPM % | -992.31% | -900.00% | -880.00% | -730.00% | -10,800.00% | -1,916.67% | -2,380.00% | -11,100.00% | -13,400.00% | -16,200.00% | ||
7.36 | 10.59 | 1.58 | 1.68 | 1.69 | 1.78 | 2.13 | 2.24 | 2.34 | 2.48 | 2.57 | 2.88 | |
Interest | 0.18 | 0.01 | 0.01 | 0.00 | 0.00 | 0.06 | 0.25 | 0.17 | 0.16 | 0.09 | 0.08 | 0.07 |
Depreciation | 0.37 | 0.37 | 0.81 | 0.79 | 0.57 | 0.56 | 0.55 | 0.53 | 0.52 | 0.52 | 0.52 | 0.52 |
Profit before tax | 5.52 | 9.04 | -0.56 | -0.57 | 0.04 | 0.01 | 0.14 | 0.28 | 0.55 | 0.53 | 0.35 | 0.74 |
Tax % | 21.01% | 34.85% | 0.00% | 31.58% | 200.00% | 800.00% | 92.86% | 207.14% | 43.64% | 64.15% | 60.00% | 37.84% |
4.35 | 5.89 | -0.56 | -0.76 | -0.04 | -0.08 | 0.01 | -0.30 | 0.31 | 0.19 | 0.14 | 0.46 | |
EPS in Rs | 10.26 | 13.89 | -1.32 | -1.79 | -0.09 | -0.19 | 0.02 | -0.71 | 0.73 | 0.45 | 0.33 | 1.08 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -100% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 115% |
3 Years: | 14% |
TTM: | 229% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | % |
3 Years: | 13% |
1 Year: | 94% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
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 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 |
Reserves | 2.76 | 8.65 | 6.52 | 5.76 | 5.72 | 5.64 | 5.65 | 5.35 | 5.66 | 5.85 | 5.99 | 6.45 |
2.03 | 0.57 | 0.50 | 0.49 | 0.33 | 1.23 | 1.64 | 1.57 | 1.13 | 0.62 | 0.63 | 0.86 | |
3.90 | 5.60 | 5.58 | 5.86 | 5.70 | 4.85 | 4.49 | 4.69 | 4.23 | 4.25 | 4.09 | 3.28 | |
Total Liabilities | 12.74 | 18.87 | 16.65 | 16.16 | 15.80 | 15.77 | 15.83 | 15.66 | 15.07 | 14.77 | 14.76 | 14.64 |
7.90 | 16.05 | 15.44 | 14.65 | 14.08 | 13.51 | 12.96 | 12.44 | 11.91 | 11.39 | 10.87 | 10.35 | |
CWIP | 1.42 | 1.60 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
3.42 | 1.22 | 1.21 | 1.51 | 1.72 | 2.26 | 2.87 | 3.22 | 3.16 | 3.38 | 3.89 | 4.29 | |
Total Assets | 12.74 | 18.87 | 16.65 | 16.16 | 15.80 | 15.77 | 15.83 | 15.66 | 15.07 | 14.77 | 14.76 | 14.64 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.49 | 10.10 | 0.27 | 0.43 | -0.16 | -0.89 | -0.32 | 0.25 | 0.72 | 0.44 | 0.27 | 0.86 | |
-1.35 | -8.69 | -0.17 | 0.01 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | |
-0.12 | -1.47 | -0.04 | 0.01 | -0.16 | 1.01 | 0.41 | -0.14 | -0.59 | -0.61 | -0.31 | -0.58 | |
Net Cash Flow | 0.02 | -0.06 | 0.06 | 0.44 | -0.32 | 0.14 | 0.09 | 0.11 | 0.13 | -0.17 | -0.04 | 0.30 |
Ratios
Figures in Rs. Crores
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 | 842.31 | 2,105.77 | 1,800.67 | 1,204.50 | 43,070.00 | 5,353.33 | 9,928.00 | 75,190.00 | 90,155.00 | 109,865.00 | ||
Inventory Days | 16,352.00 | 4,380.00 | 932.78 | 477.31 | 7,300.00 | 7,300.00 | ||||||
Days Payable | 2,336.00 | 2,007.50 | 811.11 | 533.46 | 16,060.00 | 2,190.00 | ||||||
Cash Conversion Cycle | 14,858.31 | 4,478.27 | 1,922.33 | 1,148.35 | 43,070.00 | -3,406.67 | 9,928.00 | 75,190.00 | 95,265.00 | 109,865.00 | ||
Working Capital Days | 4,660.77 | -6,345.38 | -5,304.67 | -2,007.50 | -14,965.00 | 1,703.33 | 7,957.00 | 58,765.00 | 71,905.00 | 88,330.00 | ||
ROCE % | 9.96% | 4.88% | -4.52% | -5.43% | 0.39% | 0.57% | 3.50% | 4.03% | 6.42% | 5.81% | 4.06% | 7.35% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18 Jul - With reference to the captioned matter, kindly find enclosed herewith Certificate as per Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter …
- Closure of Trading Window 26 Jun
- Submission Of Audited Financial Results And Report Of The Auditors As Per Regulation 33 Of SEBI (Listing Obligations And Disclosures Requirements), Regulations 2015 For The Quarter And Year Ended March 31, 2024 30 May
- Board Meeting Outcome for Outcome Of Board Meeting Held On Thursday, May 30, 2024. 30 May
- Board Meeting Intimation for Considering And Approving Audited Financial Results For The 4Th Quarter And FY Ended On March 31, 2024 22 May
Annual reports
-
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 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Brand[1]
The company is in the garment industry and regularly supplies garments for Corporates under the name Vastra Creations. The company also supplies school uniforms.