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 ₹ 49.9 Cr.
- Current Price ₹ 178
- High / Low ₹ 246 / 43.8
- Stock P/E 12.8
- Book Value ₹ 36.4
- Dividend Yield 0.00 %
- ROCE 63.0 %
- ROE 62.3 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.0%
- Debtor days have improved from 140 to 69.6 days.
- Company's working capital requirements have reduced from 120 days to 54.5 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
6.88 | 12.75 | 21.07 | 54.13 | |
6.64 | 12.24 | 19.80 | 48.87 | |
Operating Profit | 0.24 | 0.51 | 1.27 | 5.26 |
OPM % | 3.49% | 4.00% | 6.03% | 9.72% |
0.05 | 0.12 | 0.13 | 0.06 | |
Interest | 0.02 | 0.07 | 0.07 | 0.03 |
Depreciation | 0.01 | 0.01 | 0.02 | 0.02 |
Profit before tax | 0.26 | 0.55 | 1.31 | 5.27 |
Tax % | 11.54% | 25.45% | 25.19% | 25.24% |
0.23 | 0.41 | 0.97 | 3.94 | |
EPS in Rs | 0.82 | 1.43 | 3.15 | 13.97 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 99% |
TTM: | 157% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 157% |
TTM: | 344% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 42% |
1 Year: | 236% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 30% |
Last Year: | 62% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Equity Capital | 1.40 | 1.40 | 1.40 | 1.40 |
Reserves | 3.60 | 4.00 | 4.88 | 8.79 |
0.71 | 0.71 | 2.03 | 0.98 | |
0.41 | 1.29 | 4.16 | 14.39 | |
Total Liabilities | 6.12 | 7.40 | 12.47 | 25.56 |
0.04 | 0.19 | 0.18 | 0.20 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 |
6.08 | 7.21 | 12.29 | 25.36 | |
Total Assets | 6.12 | 7.40 | 12.47 | 25.56 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
-2.24 | 0.27 | -1.19 | 1.08 | |
0.00 | -0.17 | -0.02 | -0.03 | |
2.24 | -0.06 | 1.24 | -1.08 | |
Net Cash Flow | 0.00 | 0.05 | 0.04 | -0.03 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 279.06 | 172.62 | 178.78 | |
Inventory Days | 21.57 | 13.30 | 25.08 | |
Days Payable | 15.16 | 32.29 | 73.24 | |
Cash Conversion Cycle | 285.47 | 153.63 | 130.62 | |
Working Capital Days | 297.62 | 166.33 | 139.97 | |
ROCE % | 10.48% | 19.00% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Registered Office Address
6 Jun - Office of the company from office No. 605, 6th Floor, Marathon Chamber, P.K. road. Panch Rasta, Mulund West, Mumbai City, Mumbai, Maharashtra, India, 400080 to …
- Non-Applicability Of Provisions Of Related Party Transactions 28 May
- Results-Financial Year Ended 31-03-2024 28 May
- Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held On May 28Th, 2024 28 May
- Board Meeting Intimation for Consideration And Approval Of The Audited Financial Results For The Half-Year And Year Ended March 31St ,2024 Along With Auditor''s Report 21 May
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