Shanti Spintex Ltd
Incorporated in 2010, Shanti Spintex Ltd
is in the business of manufacturing & trading of denim textile products[1]
- Market Cap ₹ 123 Cr.
- Current Price ₹ 73.0
- High / Low ₹ 96.9 / 46.2
- Stock P/E 10.0
- Book Value ₹ 51.3
- Dividend Yield 0.00 %
- ROCE 19.5 %
- ROE 17.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
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.
Peer comparison
Sector: Textiles Industry: Textiles - Cotton/Blended
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 86 | 113 | 255 | 370 | 506 | |
| 80 | 101 | 243 | 349 | 481 | |
| Operating Profit | 6 | 11 | 12 | 22 | 25 |
| OPM % | 8% | 10% | 5% | 6% | 5% |
| 4 | 0 | 0 | 0 | 1 | |
| Interest | 2 | 3 | 2 | 3 | 3 |
| Depreciation | 7 | 4 | 4 | 5 | 5 |
| Profit before tax | 2 | 5 | 6 | 14 | 18 |
| Tax % | -187% | 28% | 16% | 28% | 27% |
| 5 | 3 | 5 | 10 | 13 | |
| EPS in Rs | 6.59 | 4.76 | 6.86 | 14.27 | 7.71 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 65% |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 54% |
| TTM: | 21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 17% |
| Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 17 | |
| Reserves | 28 | 39 | 49 | 70 | |
| 39 | 49 | 42 | 22 | ||
| 27 | 41 | 78 | 85 | ||
| Total Liabilities | 102 | 136 | 176 | 194 | |
| 54 | 53 | 64 | 67 | ||
| CWIP | 0 | 0 | 0 | 0 | |
| Investments | 2 | 2 | 2 | 0 | |
| 46 | 81 | 110 | 127 | ||
| Total Assets | 102 | 136 | 176 | 194 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 8 | 3 | 5 | 17 | 7 | |
| 3 | 0 | -0 | -15 | -5 | |
| -11 | 1 | -8 | -1 | -2 | |
| Net Cash Flow | -0 | 4 | -3 | 2 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 105 | 74 | 67 | 65 | |
| Inventory Days | 25 | 11 | 21 | 15 | |
| Days Payable | 141 | 56 | 76 | 57 | |
| Cash Conversion Cycle | -11 | 29 | 12 | 23 | |
| Working Capital Days | 56 | 45 | 32 | 32 | |
| ROCE % | 18% | 19% |
Documents
Announcements
- Intimation Of Record Date For The Ensuing AGM 16 Aug
- Intimation Of Book Closure & Record Date For The Ensuing AGM 16 Aug
- Intimation Of Book Closure & Record Date For The Ensuing AGM 16 Aug
- Reg. 34 (1) Annual Report. 16 Aug
- Intimation Of 14Th Annual General Meeting Scheduled To Be Held On 09.09.2024 16 Aug
Annual reports
Concalls
-
May 2024TranscriptNotesPPT
Business Overview:[1]
SSL manufactures denim fabrics, offering 6 types in 6 different shades, sold to manufacturers, wholesalers, and traders across Gujarat. The company also operates a wind farm and a rooftop solar plant.