Eastern Silk Industries Ltd
Incorporated in 1946, Eastern Silks Ltd manufactures silk fabrics and other related textile products[1]
- Market Cap ₹ 14.2 Cr.
- Current Price ₹ 1.80
- High / Low ₹ 3.45 / 1.75
- Stock P/E
- Book Value ₹ 7.94
- Dividend Yield 0.00 %
- ROCE -9.97 %
- ROE -127 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Stock is trading at 0.23 times its book value
- Debtor days have improved from 96.4 to 25.7 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -21.9% over past five years.
- Contingent liabilities of Rs.8.28 Cr.
- Company might be capitalizing the interest cost
- Promoters have pledged 100% of their holding.
- Working capital days have increased from 232 days to 570 days
* 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 - Silk
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
76 | 80 | 61 | 70 | 63 | 51 | 65 | 103 | 91 | 73 | 38 | 19 | |
147 | 174 | 86 | 142 | 128 | 80 | 67 | 100 | 85 | 76 | 50 | 29 | |
Operating Profit | -71 | -95 | -25 | -71 | -64 | -29 | -2 | 3 | 6 | -3 | -12 | -10 |
OPM % | -93% | -119% | -41% | -101% | -101% | -56% | -3% | 3% | 6% | -4% | -31% | -54% |
18 | 22 | 10 | 64 | 120 | 60 | 1 | 5 | 1 | 1 | 1 | 1 | |
Interest | 47 | 49 | 2 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
Depreciation | 18 | 16 | 20 | 14 | 11 | 9 | 7 | 6 | 5 | 4 | 3 | 3 |
Profit before tax | -117 | -136 | -37 | -22 | 44 | 21 | -10 | 1 | 1 | -7 | -14 | -12 |
Tax % | 19% | -0% | -0% | -0% | 0% | -0% | -0% | -0% | -0% | -0% | -0% | -4% |
-95 | -136 | -37 | -22 | 44 | 21 | -10 | 1 | 1 | -7 | -14 | -12 | |
EPS in Rs | -12.08 | -17.28 | -4.67 | -2.76 | 5.58 | 2.66 | -1.22 | 0.13 | 0.13 | -0.87 | -1.83 | -1.56 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | -13% |
5 Years: | -22% |
3 Years: | -41% |
TTM: | -50% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | -7% |
3 Years: | % |
TTM: | 15% |
Stock Price CAGR | |
---|---|
10 Years: | -7% |
5 Years: | 9% |
3 Years: | -25% |
1 Year: | -8% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | -127% |
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 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
Reserves | 99 | -38 | -85 | -107 | -51 | -30 | -40 | -39 | -38 | -45 | -59 | 47 |
Preference Capital | 14 | 14 | 14 | 14 | -0 | 14 | 14 | 14 | 14 | 14 | 14 | |
472 | 479 | 460 | 385 | 225 | 139 | 135 | 136 | 135 | 136 | 132 | 58 | |
32 | 49 | 47 | 52 | 57 | 87 | 90 | 60 | 60 | 58 | 64 | 14 | |
Total Liabilities | 619 | 506 | 438 | 345 | 246 | 211 | 202 | 173 | 173 | 165 | 152 | 135 |
132 | 117 | 91 | 77 | 69 | 60 | 55 | 50 | 46 | 43 | 40 | 38 | |
CWIP | 4 | 4 | 0 | 1 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 |
Investments | 3 | -0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
480 | 385 | 347 | 267 | 177 | 151 | 146 | 122 | 127 | 121 | 112 | 97 | |
Total Assets | 619 | 506 | 438 | 345 | 246 | 211 | 202 | 173 | 173 | 165 | 152 | 135 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 45 | 25 | 89 | 145 | 70 | 5 | 3 | 2 | 1 | 3 | 9 | |
-4 | 4 | 1 | -2 | -1 | -0 | -2 | -1 | -1 | -1 | -0 | -0 | |
-12 | -34 | -19 | -83 | -156 | -72 | -3 | -2 | -1 | 0 | -4 | -7 | |
Net Cash Flow | -11 | 14 | 7 | 4 | -12 | -3 | 0 | -0 | 0 | 0 | -1 | 1 |
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 | 1,498 | 1,007 | 1,097 | 589 | 265 | 179 | 179 | 78 | 100 | 118 | 146 | 26 |
Inventory Days | 357 | 573 | 844 | 543 | 780 | 1,076 | 508 | 259 | 260 | 280 | 417 | 1,518 |
Days Payable | 31 | 19 | 49 | 47 | 70 | 110 | 59 | 37 | 46 | 35 | 25 | 3 |
Cash Conversion Cycle | 1,823 | 1,562 | 1,892 | 1,086 | 974 | 1,145 | 629 | 299 | 314 | 363 | 538 | 1,540 |
Working Capital Days | 1,937 | 1,267 | 1,393 | 714 | 334 | 165 | 86 | 82 | 106 | 111 | 15 | 570 |
ROCE % | -11% | -16% | -4% | -22% | -30% | -22% | -6% | 2% | 2% | -4% | -12% |
Documents
Announcements
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Appointment of Company Secretary and Compliance Officer
29 Jun - Listing Obligation and Disclosure Requirement) Regulation, 2015 for Appointment of Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company
- Board Meeting Outcome for Appointed Of Mr. Ravi Kumar As The Company Secretary And Compliance Officer (Key Managerial Personnel) Of Eastern Silk Industries Limited ('Company') Effective June 29, 2024. 29 Jun
- Closure of Trading Window 29 Jun
- Board Meeting Intimation for Intimation For The Board Meeting To Be Held On June 29, 2024 27 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Jun - Newspaper publication as made with respect to the Audited Financials of the Company for the quarter and year ended on 31.03.2024
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 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
Company manufactures textile and allied products from yarns to premium fashionable fabrics