Gini Silk Mills Ltd

Gini Silk Mills Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Gini Silk Mills Ltd

₹ 121 -5.09%
22 Nov - close price
ginitex.com BSE: 531744
About

Incorporated in 1963, Gini Silk Mills Ltd
is engaged in manufacturing and selling
of Shirting & Suiting, and processing fabric
on a job work basis [1]

Key Points

Business Divisions:[1]
a) Textile:
Company manufactures weaves and fabrics ranging from 100% Cotton, Linens, Polyester,
100% Hemp, Bamboo, Viscose blends and
Cotton blends with a variety of designs and different finishes
b) Construction:
Company has also ventured into real estate development through its group concern Gini Constructions

Website BSE
  • Market Cap ₹ 67.8 Cr.
  • Current Price ₹ 121
  • High / Low ₹ 164 / 59.5
  • Stock P/E 32.6
  • Book Value ₹ 87.6
  • Dividend Yield 0.00 %
  • ROCE 5.66 %
  • ROE 4.64 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Debtor days have improved from 62.1 to 39.2 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 2.77% over last 3 years.
  • Earnings include an other income of Rs.3.56 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 - Processing

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Quarterly Results

Figures in Rs. Crores

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
7.43 9.18 9.99 10.66 12.41 10.77 12.34 9.89 11.72 10.50 11.62 8.74 10.92
7.31 9.37 9.91 10.35 11.93 10.60 11.05 9.39 10.45 9.85 11.46 8.60 10.29
Operating Profit 0.12 -0.19 0.08 0.31 0.48 0.17 1.29 0.50 1.27 0.65 0.16 0.14 0.63
OPM % 1.62% -2.07% 0.80% 2.91% 3.87% 1.58% 10.45% 5.06% 10.84% 6.19% 1.38% 1.60% 5.77%
0.51 0.45 0.47 0.09 0.69 0.52 0.40 0.66 0.58 0.73 1.09 0.90 0.84
Interest 0.09 0.12 -0.14 0.06 0.29 0.16 0.18 0.15 0.17 0.20 0.25 0.17 0.11
Depreciation 0.30 0.30 0.34 0.32 0.35 0.35 0.35 0.29 0.39 0.35 0.36 0.35 0.36
Profit before tax 0.24 -0.16 0.35 0.02 0.53 0.18 1.16 0.72 1.29 0.83 0.64 0.52 1.00
Tax % -29.17% -93.75% 40.00% 900.00% 9.43% 11.11% 6.90% 12.50% 13.95% 27.71% -7.81% -1.92% 41.00%
0.31 -0.01 0.21 -0.16 0.48 0.16 1.08 0.62 1.11 0.60 0.70 0.53 0.59
EPS in Rs 0.55 -0.02 0.38 -0.29 0.86 0.29 1.93 1.11 1.98 1.07 1.25 0.95 1.05
Raw PDF

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
32.47 34.90 40.12 40.75 39.12 39.42 36.62 36.20 16.81 30.89 46.18 43.74 41.78
31.53 33.79 37.75 36.57 35.76 36.38 35.69 33.89 18.21 31.21 43.93 41.17 40.20
Operating Profit 0.94 1.11 2.37 4.18 3.36 3.04 0.93 2.31 -1.40 -0.32 2.25 2.57 1.58
OPM % 2.89% 3.18% 5.91% 10.26% 8.59% 7.71% 2.54% 6.38% -8.33% -1.04% 4.87% 5.88% 3.78%
2.07 2.19 2.42 1.50 2.13 1.71 1.86 1.33 2.16 2.19 1.69 3.07 3.56
Interest 0.18 0.06 0.45 1.47 1.48 0.90 0.51 0.39 0.36 0.17 0.69 0.77 0.73
Depreciation 0.47 0.46 0.40 0.92 0.97 0.98 1.02 1.19 1.19 1.24 1.37 1.39 1.42
Profit before tax 2.36 2.78 3.94 3.29 3.04 2.87 1.26 2.06 -0.79 0.46 1.88 3.48 2.99
Tax % 29.66% 37.05% 38.32% 45.29% 21.71% 25.09% 15.08% 8.74% -29.11% 17.39% 18.62% 12.93%
1.66 1.74 2.43 1.80 2.38 2.15 1.07 1.88 -0.56 0.38 1.53 3.04 2.42
EPS in Rs 2.97 3.11 4.35 3.22 4.26 3.84 1.91 3.36 -1.00 0.68 2.74 5.44 4.32
Dividend Payout % 16.84% 16.06% 11.50% 15.53% 11.74% 13.00% 26.12% 14.87% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 2%
5 Years: 4%
3 Years: 38%
TTM: -7%
Compounded Profit Growth
10 Years: 2%
5 Years: 15%
3 Years: 57%
TTM: -30%
Stock Price CAGR
10 Years: 13%
5 Years: 30%
3 Years: 38%
1 Year: 73%
Return on Equity
10 Years: 4%
5 Years: 2%
3 Years: 3%
Last Year: 5%

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 5.59 5.59 5.59 5.59 5.59 5.59 5.59 5.59 5.59 5.59 5.59 5.59 5.59
Reserves 19.04 20.45 22.75 24.21 26.64 28.35 34.38 35.01 35.27 36.44 36.92 42.04 43.42
0.60 0.03 8.65 11.12 12.98 9.38 6.79 5.74 5.02 8.53 8.48 8.71 4.97
3.73 4.06 9.11 6.23 6.44 8.18 7.46 7.67 6.21 9.28 10.08 8.12 8.77
Total Liabilities 28.96 30.13 46.10 47.15 51.65 51.50 54.22 54.01 52.09 59.84 61.07 64.46 62.75
4.35 3.90 11.88 13.06 11.93 11.43 12.86 12.38 11.32 13.19 12.45 11.74 11.04
CWIP 0.05 0.06 1.46 0.00 0.08 1.41 0.00 0.00 0.00 0.03 0.00 0.00 0.00
Investments 1.90 2.62 2.08 1.07 8.67 8.18 11.21 11.37 12.13 25.03 24.28 31.33 28.80
22.66 23.55 30.68 33.02 30.97 30.48 30.15 30.26 28.64 21.59 24.34 21.39 22.91
Total Assets 28.96 30.13 46.10 47.15 51.65 51.50 54.22 54.01 52.09 59.84 61.07 64.46 62.75

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
1.22 1.27 4.27 -2.31 3.33 1.89 -0.70 2.65 -0.80 -3.77 0.37 3.55
-3.43 0.58 -12.10 2.36 -4.39 1.50 3.50 -0.56 2.08 -0.03 0.81 -2.77
-1.42 -0.93 6.97 0.15 1.67 -4.27 -2.64 -2.21 -0.98 3.45 -1.17 -0.75
Net Cash Flow -3.63 0.92 -0.86 0.19 0.61 -0.88 0.15 -0.11 0.30 -0.36 0.00 0.03

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 44.07 44.45 43.21 58.31 55.70 77.59 75.75 67.35 102.70 82.24 64.97 39.22
Inventory Days 121.25 92.14 113.87 152.95 147.91 121.52 149.48 160.02 218.75 235.86 177.97 165.05
Days Payable 49.55 45.62 121.04 65.00 53.31 75.07 105.06 122.33 164.38 230.83 151.74 112.83
Cash Conversion Cycle 115.77 90.96 36.05 146.26 150.31 124.03 120.18 105.04 157.08 87.27 91.20 91.44
Working Capital Days 204.48 182.50 180.59 112.41 203.77 177.87 188.58 183.00 408.21 99.96 82.12 77.27
ROCE % 9.79% 10.68% 13.23% 12.07% 10.40% 8.34% 3.75% 5.46% -2.10% 0.23% 5.04% 5.66%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98%
25.02% 25.02% 25.02% 25.01% 25.02% 25.02% 25.01% 25.01% 25.02% 25.01% 25.01% 25.02%
No. of Shareholders 9581,0021,0481,0771,1181,1491,1541,1461,2301,2461,5641,493

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