Maris Spinners Ltd
₹ 37.6
4.58%
22 Nov
- close price
About
Incorporated in 1981, Maris Spinners Ltd is in the business of manufacture and sale of 100% Cotton Yarns
Key Points
- Market Cap ₹ 30.8 Cr.
- Current Price ₹ 37.6
- High / Low ₹ 60.0 / 31.6
- Stock P/E
- Book Value ₹ 23.6
- Dividend Yield 0.00 %
- ROCE -4.26 %
- ROE -35.4 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.34% over past five years.
- Company has a low return on equity of -4.70% over last 3 years.
- Earnings include an other income of Rs.6.37 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 - Cotton/Blended
Loading peers table ...
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
105 | 116 | 120 | 105 | 118 | 122 | 130 | 122 | 106 | 170 | 147 | 161 | 158 | |
89 | 97 | 106 | 93 | 108 | 114 | 121 | 119 | 91 | 141 | 155 | 165 | 157 | |
Operating Profit | 15 | 18 | 14 | 12 | 10 | 8 | 9 | 3 | 15 | 30 | -8 | -5 | 2 |
OPM % | 15% | 16% | 11% | 11% | 8% | 7% | 7% | 3% | 14% | 18% | -5% | -3% | 1% |
3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 6 | 6 | |
Interest | 7 | 7 | 6 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 6 | 9 | 10 |
Depreciation | 7 | 7 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 5 | 6 | 6 |
Profit before tax | 4 | 8 | 5 | 4 | 3 | 1 | 2 | -3 | 9 | 23 | -16 | -13 | -7 |
Tax % | 14% | 48% | 33% | 19% | 11% | -34% | -30% | -32% | 27% | 34% | -31% | -31% | |
4 | 4 | 3 | 3 | 3 | 1 | 2 | -2 | 7 | 15 | -11 | -9 | -5 | |
EPS in Rs | 4.44 | 4.87 | 3.99 | 3.85 | 3.19 | 1.19 | 2.85 | -2.59 | 8.15 | 18.60 | -13.09 | -11.01 | -5.79 |
Dividend Payout % | 22% | 20% | 24% | 25% | 30% | 81% | 34% | 0% | 12% | 5% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 4% |
3 Years: | 15% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 66% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -2% |
3 Years: | -17% |
1 Year: | -12% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 0% |
3 Years: | -5% |
Last Year: | -35% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
Reserves | 4 | 7 | 10 | 12 | 14 | 15 | 16 | 13 | 20 | 34 | 22 | 13 | 12 |
60 | 57 | 48 | 46 | 47 | 36 | 40 | 33 | 44 | 38 | 63 | 81 | 79 | |
14 | 21 | 15 | 17 | 23 | 30 | 26 | 18 | 16 | 38 | 36 | 31 | 26 | |
Total Liabilities | 86 | 93 | 82 | 83 | 93 | 89 | 90 | 72 | 88 | 119 | 130 | 134 | 125 |
39 | 37 | 35 | 32 | 30 | 25 | 28 | 25 | 27 | 32 | 66 | 68 | 65 | |
CWIP | 0 | 1 | 0 | 0 | 1 | 2 | 0 | 0 | 1 | 9 | 1 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
47 | 56 | 46 | 51 | 62 | 62 | 62 | 47 | 60 | 78 | 63 | 66 | 60 | |
Total Assets | 86 | 93 | 82 | 83 | 93 | 89 | 90 | 72 | 88 | 119 | 130 | 134 | 125 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
19 | 13 | 18 | 11 | 22 | 11 | -2 | 12 | 1 | 43 | 25 | 4 | |
-2 | -6 | -3 | -2 | -3 | -1 | -6 | -2 | -6 | -19 | -31 | -6 | |
-16 | -9 | -15 | -8 | -9 | -4 | -6 | -6 | -0 | 6 | 6 | 2 | |
Net Cash Flow | 0 | -1 | -0 | 0 | 10 | 5 | -14 | 4 | -5 | 30 | -0 | 0 |
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 | 50 | 50 | 50 | 46 | 40 | 52 | 42 | 38 | 20 | 17 | 14 | 21 |
Inventory Days | 156 | 182 | 101 | 176 | 185 | 171 | 168 | 114 | 222 | 177 | 128 | 100 |
Days Payable | 38 | 39 | 19 | 38 | 81 | 113 | 90 | 59 | 61 | 91 | 110 | 82 |
Cash Conversion Cycle | 168 | 193 | 133 | 185 | 144 | 110 | 119 | 92 | 181 | 103 | 32 | 38 |
Working Capital Days | 86 | 89 | 74 | 109 | 98 | 87 | 91 | 71 | 128 | 77 | 46 | 53 |
ROCE % | 16% | 21% | 16% | 14% | 11% | 9% | 11% | 2% | 21% | 36% | -12% | -4% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - News paper publication of financial results for the quarter/half year ended 30.09.2024
- Unaudited Financial Results For The Quarter / Half Year Ended 30Th September 2024 9 Nov
-
Board Meeting Outcome for Outcome Of The Board Meeting Of Maris Spinners Ltd Held Today The 9Th November 2024
9 Nov - Board approved unaudited financial results for Q2 2024.
-
Board Meeting Intimation for Maris Spinners Ltd Board Meeting Is Scheduled To Be Held On Saturday The 9Th November 2024 At 10.30 AM To Consider , , Quarterly Unaudited Financial Results For The Quarter / Half Year Ending 30Th September 2024
10 Oct - Board meeting on 09-11-2024 to approve financial results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Oct - Confirmation Certificate under SEBI regulations submitted.
Annual reports
-
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
-
Financial Year 2008
from bse
Business Overview:[1][2]
Company operates spinning mills, manufacture yarns for domestic market and also deals in Wind Energy Generation for captive use. Apart from this, Maris group has interests in Tea Estates, Hotels, Green power generation, etc.