Cheviot Company Ltd
Incorporated in 1976, Cheviot Company
Ltd manufactures and exports jute products
and Hessian fabrics[1]
- Market Cap ₹ 849 Cr.
- Current Price ₹ 1,411
- High / Low ₹ 1,627 / 1,130
- Stock P/E 12.3
- Book Value ₹ 1,040
- Dividend Yield 0.35 %
- ROCE 14.0 %
- ROE 11.6 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 26.6%
Cons
- The company has delivered a poor sales growth of 3.24% over past five years.
- Company has a low return on equity of 11.4% over last 3 years.
- Earnings include an other income of Rs.45.0 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 - Jute - Yarn / Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
290 | 278 | 267 | 343 | 394 | 376 | 395 | 458 | 396 | 571 | 564 | 463 | |
251 | 244 | 240 | 298 | 350 | 321 | 340 | 401 | 343 | 487 | 498 | 416 | |
Operating Profit | 39 | 35 | 27 | 45 | 44 | 55 | 55 | 57 | 52 | 84 | 66 | 47 |
OPM % | 13% | 12% | 10% | 13% | 11% | 15% | 14% | 12% | 13% | 15% | 12% | 10% |
9 | 10 | 23 | 13 | 31 | 24 | 22 | 9 | 46 | 22 | 11 | 45 | |
Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 5 | 6 | 6 | 6 | 8 | 4 | 4 | 4 | 4 | 4 | 4 | 7 |
Profit before tax | 42 | 38 | 42 | 51 | 66 | 74 | 72 | 62 | 93 | 102 | 71 | 85 |
Tax % | 26% | 30% | 18% | 28% | 26% | 27% | 30% | 22% | 19% | 22% | 24% | 18% |
31 | 27 | 35 | 36 | 49 | 54 | 50 | 48 | 76 | 79 | 54 | 69 | |
EPS in Rs | 45.16 | 39.41 | 50.85 | 53.63 | 72.76 | 83.20 | 77.60 | 74.41 | 120.83 | 131.88 | 90.51 | 115.33 |
Dividend Payout % | 22% | 25% | 22% | 21% | 1% | 1% | 1% | 65% | 145% | 46% | 30% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 3% |
3 Years: | 5% |
TTM: | -18% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | 7% |
3 Years: | -3% |
TTM: | 26% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 19% |
3 Years: | -9% |
1 Year: | 20% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 11% |
3 Years: | 11% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 5 | 5 | 5 | 5 | 5 | 4 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 310 | 328 | 352 | 414 | 470 | 496 | 605 | 617 | 676 | 547 | 567 | 620 |
11 | 13 | 14 | 13 | 20 | 6 | 1 | 6 | 10 | 9 | 7 | 9 | |
31 | 28 | 26 | 20 | 25 | 39 | 52 | 47 | 47 | 45 | 42 | 46 | |
Total Liabilities | 356 | 374 | 398 | 451 | 519 | 545 | 665 | 676 | 739 | 606 | 622 | 681 |
115 | 117 | 112 | 145 | 150 | 149 | 218 | 220 | 216 | 148 | 204 | 202 | |
CWIP | 0 | 0 | 0 | 1 | 0 | 1 | 14 | 26 | 32 | 37 | 5 | 4 |
Investments | 151 | 159 | 193 | 187 | 246 | 265 | 278 | 256 | 322 | 232 | 258 | 321 |
90 | 97 | 92 | 118 | 123 | 131 | 154 | 175 | 169 | 189 | 156 | 153 | |
Total Assets | 356 | 374 | 398 | 451 | 519 | 545 | 665 | 676 | 739 | 606 | 622 | 681 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
32 | 14 | 23 | 11 | 31 | 38 | 20 | 40 | 35 | 56 | 55 | 36 | |
-17 | -9 | -15 | 11 | -29 | -0 | -13 | -3 | -23 | 113 | -22 | -24 | |
-12 | -7 | -8 | -21 | 0 | -39 | -6 | -35 | -19 | -164 | -38 | -14 | |
Net Cash Flow | 4 | -1 | 0 | 1 | 2 | -1 | -0 | 2 | -7 | 5 | -6 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 29 | 35 | 34 | 32 | 29 | 37 | 29 | 27 | 39 | 32 | 22 | 24 |
Inventory Days | 117 | 136 | 122 | 118 | 101 | 119 | 149 | 120 | 134 | 98 | 113 | 153 |
Days Payable | 28 | 26 | 22 | 19 | 9 | 11 | 10 | 5 | 7 | 7 | 6 | 15 |
Cash Conversion Cycle | 117 | 145 | 134 | 131 | 121 | 145 | 169 | 142 | 167 | 122 | 129 | 162 |
Working Capital Days | 55 | 73 | 75 | 91 | 81 | 86 | 98 | 87 | 107 | 81 | 74 | 130 |
ROCE % | 12% | 11% | 9% | 13% | 13% | 14% | 13% | 10% | 14% | 16% | 13% |
Documents
Announcements
- Closure of Trading Window 25 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
22 Jun - Of Section 124(6) of the Companies Act, 2013 read with Rule 6(3)(a) of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) …
-
Letter of Offer
19 Jun - VC Corporate Advisors Pvt. Ltd. ("Manager to the Buy-back") has submitted to BSE a copy of Letter of Offer for the attention of the shareholders/beneficial …
- Letter Of Offer For The Buy-Back Of Ordinary Shares Of Cheviot Company Limited 18 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Jun - Extracts of the newspaper publication with regard to a public notice published on 5th June, 2024 informing the members that the 126th Annual General Meeting …
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][2]
CCL is a part of the Kanoria family and a flagship company of the Cheviot group.
It is an ISO 9001:2015, ISO 14001, ISO 18001:2007, OEKO TEX – Standard 100 certified Three Star Export House which provides solutions in the fields of textile, tea, and education. It manufactures various specialty jute products such as yarn and superior-quality hessian and fabrics. They also produce high-yielding, value-added products such as yarn, hessian, and superior hessian cloth.
Company produces 50+ million jute bags
per year that are solely used for food grain packaging by the Government of India.