Shine Fashions (India) Ltd
Incorporated in 2019, Shine Fashions Ltd is in the business of import and trading of various types of fabrics and textile raw materials[1]
- Market Cap ₹ 97.9 Cr.
- Current Price ₹ 350
- High / Low ₹ 428 / 0.00
- Stock P/E 17.7
- Book Value ₹ 57.5
- Dividend Yield 0.00 %
- ROCE 55.4 %
- ROE 47.7 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.5%
- Debtor days have improved from 162 to 121 days.
- Company's working capital requirements have reduced from 129 days to 73.2 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|
7.91 | 6.88 | 12.08 | 19.94 | 52.89 | 67.10 | |
7.49 | 6.64 | 11.59 | 18.93 | 47.68 | 59.24 | |
Operating Profit | 0.42 | 0.24 | 0.49 | 1.01 | 5.21 | 7.86 |
OPM % | 5.31% | 3.49% | 4.06% | 5.07% | 9.85% | 11.71% |
0.05 | 0.05 | 0.12 | 0.13 | 0.04 | 0.03 | |
Interest | 0.00 | 0.02 | 0.07 | 0.07 | 0.05 | 0.49 |
Depreciation | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 |
Profit before tax | 0.47 | 0.26 | 0.53 | 1.06 | 5.19 | 7.38 |
Tax % | 25.53% | 11.54% | 26.42% | 25.47% | 25.24% | |
0.34 | 0.23 | 0.39 | 0.79 | 3.88 | 5.53 | |
EPS in Rs | 1.70 | 0.82 | 1.39 | 2.82 | 13.87 | 19.76 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 97% |
TTM: | 116% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 156% |
TTM: | 145% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 62% |
1 Year: | 202% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 26% |
Last Year: | 48% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 1.00 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 |
Reserves | 2.33 | 3.60 | 4.00 | 4.79 | 8.67 | 14.70 |
0.00 | 0.71 | 0.54 | 1.86 | 0.81 | 0.25 | |
0.92 | 0.41 | 1.07 | 3.86 | 16.46 | 28.51 | |
Total Liabilities | 4.25 | 6.12 | 7.01 | 11.91 | 27.34 | 44.86 |
0.04 | 0.04 | 0.03 | 0.02 | 0.06 | 0.06 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
4.21 | 6.08 | 6.97 | 11.88 | 27.27 | 44.79 | |
Total Assets | 4.25 | 6.12 | 7.01 | 11.91 | 27.34 | 44.86 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
0.01 | -2.24 | 0.41 | -1.17 | 1.03 | |
0.03 | 0.00 | -0.18 | -0.01 | -0.03 | |
0.01 | 2.24 | -0.23 | 1.24 | -1.08 | |
Net Cash Flow | 0.04 | 0.00 | 0.00 | 0.07 | -0.09 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 154.58 | 279.06 | 176.46 | 188.54 | 121.05 |
Inventory Days | 20.50 | 21.57 | 12.57 | 18.80 | 51.67 |
Days Payable | 31.50 | 15.16 | 27.47 | 76.50 | 121.35 |
Cash Conversion Cycle | 143.58 | 285.47 | 161.57 | 130.84 | 51.37 |
Working Capital Days | 150.43 | 297.62 | 171.02 | 141.31 | 73.22 |
ROCE % | 6.19% | 10.30% | 16.15% | 55.36% |
Documents
Announcements
-
Statement Of Deviation And Variation
14 Nov - No deviation in fund utilization from preferential issue.
-
Announcement under Regulation 30 (LODR)-Conversion of Securities
14 Nov - Allotment of 1,20,000 equity shares upon conversion of warrants.
-
Non-Applicability Of Provisions Related To Disclosure Of Related Party Transactions On Company Under Regulation 23(9) Of SEBI (LODR) Regulations, 2015 For The Half Year Ended September 30Th, 2024.
14 Nov - Non-applicability of related party transaction disclosures.
- The Standalone & Consolidated Financial Results For The Half Year Ended September 30Th, 2024, Along With Auditor'S Limited Review Report Thereon. 14 Nov
-
Announcement under Regulation 30 (LODR)-Allotment
14 Nov - Allotment of 1,20,000 equity shares upon warrant conversion.
Business Overview:[1][2]
Company does importing, supplying and trading of non-interlinking fabrics, woven fusible interlinings, microdot fusible interlinings. Company took over the business of proprietorship firm AM Fabrics on 30th September, 2019