Suryaamba Spinning Mills Ltd
Incorporated in 1993, Suryaamba Spinning Mills Ltd is in the business of manufacturing, selling and distribution and trading of specialty synthetic yarn
- Market Cap ₹ 45.2 Cr.
- Current Price ₹ 154
- High / Low ₹ 208 / 137
- Stock P/E 40.0
- Book Value ₹ 211
- Dividend Yield 0.65 %
- ROCE 7.74 %
- ROE 2.86 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.73 times its book value
Cons
- Company has low interest coverage ratio.
* 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 - Spinning - Synthetic / Blended
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
131 | 152 | 142 | 144 | 139 | 153 | 169 | 162 | 126 | 227 | 248 | 219 | 210 | |
121 | 143 | 134 | 135 | 128 | 138 | 155 | 145 | 112 | 200 | 228 | 205 | 197 | |
Operating Profit | 10 | 9 | 8 | 9 | 12 | 15 | 14 | 17 | 13 | 27 | 21 | 14 | 13 |
OPM % | 7% | 6% | 6% | 6% | 8% | 10% | 8% | 10% | 10% | 12% | 8% | 6% | 6% |
1 | 2 | 3 | 4 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | |
Interest | 5 | 5 | 5 | 5 | 6 | 7 | 6 | 6 | 4 | 5 | 6 | 6 | 5 |
Depreciation | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 6 | 6 | 6 |
Profit before tax | 3 | 3 | 3 | 4 | 1 | 4 | 4 | 7 | 5 | 18 | 11 | 2 | 2 |
Tax % | 29% | 36% | 35% | 34% | 66% | 34% | 22% | 31% | 15% | 22% | 25% | 27% | |
2 | 2 | 2 | 3 | 0 | 2 | 3 | 5 | 4 | 14 | 8 | 2 | 1 | |
EPS in Rs | 8.80 | 8.62 | 6.17 | 10.13 | 1.67 | 8.02 | 11.66 | 17.74 | 14.50 | 49.29 | 26.98 | 5.97 | 3.86 |
Dividend Payout % | 11% | 12% | 16% | 10% | 60% | 12% | 9% | 3% | 3% | 2% | 4% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 5% |
3 Years: | 20% |
TTM: | -15% |
Compounded Profit Growth | |
---|---|
10 Years: | -2% |
5 Years: | -13% |
3 Years: | -25% |
TTM: | -76% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 24% |
3 Years: | 0% |
1 Year: | -17% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 14% |
3 Years: | 15% |
Last Year: | 3% |
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 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 16 | 18 | 19 | 20 | 21 | 23 | 26 | 31 | 36 | 50 | 58 | 59 |
38 | 42 | 39 | 46 | 54 | 51 | 43 | 40 | 40 | 49 | 45 | 43 | |
13 | 12 | 14 | 19 | 21 | 22 | 24 | 23 | 24 | 28 | 30 | 22 | |
Total Liabilities | 70 | 74 | 75 | 89 | 99 | 99 | 97 | 97 | 103 | 130 | 136 | 127 |
44 | 43 | 48 | 51 | 60 | 60 | 58 | 64 | 62 | 81 | 88 | 84 | |
CWIP | 2 | 3 | 0 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
23 | 28 | 27 | 36 | 38 | 39 | 38 | 33 | 40 | 48 | 48 | 44 | |
Total Assets | 70 | 74 | 75 | 89 | 99 | 99 | 97 | 97 | 103 | 130 | 136 | 127 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 4 | 13 | 8 | 12 | 16 | 15 | 14 | 11 | 17 | 18 | 14 | |
-3 | -2 | -6 | -8 | -11 | -4 | -2 | -10 | -3 | -24 | -12 | -3 | |
-6 | -2 | -7 | 1 | -0 | -12 | -13 | -4 | -6 | 5 | -6 | -11 | |
Net Cash Flow | -0 | 0 | 0 | 1 | 0 | -0 | 0 | -0 | 2 | -2 | -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 | 27 | 23 | 25 | 32 | 26 | 29 | 34 | 31 | 50 | 40 | 34 | 35 |
Inventory Days | 24 | 26 | 31 | 43 | 70 | 68 | 52 | 55 | 94 | 42 | 48 | 49 |
Days Payable | 14 | 7 | 10 | 20 | 28 | 30 | 40 | 34 | 48 | 19 | 22 | 15 |
Cash Conversion Cycle | 38 | 42 | 47 | 55 | 68 | 67 | 47 | 52 | 95 | 63 | 60 | 68 |
Working Capital Days | 36 | 44 | 41 | 55 | 50 | 46 | 37 | 32 | 54 | 44 | 38 | 52 |
ROCE % | 13% | 13% | 12% | 15% | 11% | 14% | 14% | 18% | 12% | 26% | 16% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Aug - Newspaper publication of the Unaudited Financial Results for the first quarter ended on June 30 2024
- Announcement Under Regulation 30 Of LODR-Intimation Of Reappointment Of Chief Financial Officer (CFO) And Key Managerial Personnel (KMP) 14 Aug
- Results-Financial Results For June 30, 2024 14 Aug
- Board Meeting Outcome for Of Suryaamba Spinning Mills Limited Held Today On Wednesday, August 14, 2024 14 Aug
-
Announcement under Regulation 30 (LODR)-Cessation
8 Aug - Completion of tenure of Independent Director Shri Amit Goela (DIN: 01754804)
Annual reports
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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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Financial Year 2009
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Business Overview:[1]
Company manufactures Polyester and Polyester/Viscose Blended Yarn, Melange, Synthetic Ring Spun Yarn for weaving, knitting, embroidery and other industrial applications with counts wide ranging from 08s to 60s and sells them in domestic and international market