Eurotex Industries and Exports Ltd
₹ 11.7
-4.97%
21 Nov
3:40 p.m.
About
Established in 1989, Eurotex Industries and Exports Limited is engaged in manufacturing of cotton yarn & knitted fabric.
Key Points
- Market Cap ₹ 10.2 Cr.
- Current Price ₹ 11.7
- High / Low ₹ 22.0 / 9.65
- Stock P/E
- Book Value ₹ -32.7
- Dividend Yield 0.00 %
- ROCE -34.4 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -68.3% over past five years.
- Contingent liabilities of Rs.3.54 Cr.
- Debtor days have increased from 32.2 to 57.9 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: Realty Industry: Construction
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 283.15 | 344.29 | 280.57 | 233.92 | 188.63 | 252.05 | 196.75 | 42.06 | 23.64 | 2.25 | 5.72 | 0.63 | 1.28 | |
| 264.08 | 314.81 | 270.38 | 228.76 | 190.12 | 256.70 | 204.17 | 62.95 | 39.78 | 9.52 | 5.49 | 4.36 | 4.37 | |
| Operating Profit | 19.07 | 29.48 | 10.19 | 5.16 | -1.49 | -4.65 | -7.42 | -20.89 | -16.14 | -7.27 | 0.23 | -3.73 | -3.09 |
| OPM % | 6.73% | 8.56% | 3.63% | 2.21% | -0.79% | -1.84% | -3.77% | -49.67% | -68.27% | -323.11% | 4.02% | -592.06% | -241.41% |
| 0.42 | 0.47 | 1.50 | 1.67 | 1.21 | 1.14 | 1.40 | 7.54 | 11.02 | 2.55 | 2.24 | 2.28 | 2.35 | |
| Interest | 10.03 | 10.10 | 10.44 | 8.10 | 7.54 | 7.79 | 7.36 | 4.74 | 3.27 | 2.65 | 2.66 | 2.62 | 2.66 |
| Depreciation | 9.87 | 9.60 | 4.62 | 4.45 | 4.20 | 3.98 | 3.91 | 3.71 | 3.66 | 3.30 | 3.16 | 2.85 | 2.68 |
| Profit before tax | -0.41 | 10.25 | -3.37 | -5.72 | -12.02 | -15.28 | -17.29 | -21.80 | -12.05 | -10.67 | -3.35 | -6.92 | -6.08 |
| Tax % | 336.59% | 45.66% | -4.15% | -5.77% | -2.75% | -7.26% | -1.21% | -13.94% | -2.66% | 9.65% | -23.28% | -5.64% | |
| -1.80 | 5.57 | -3.23 | -5.38 | -11.68 | -14.17 | -17.07 | -18.76 | -11.73 | -11.70 | -2.57 | -6.53 | -5.54 | |
| EPS in Rs | -2.06 | 6.37 | -3.69 | -6.15 | -13.35 | -16.19 | -19.51 | -21.44 | -13.41 | -13.37 | -2.94 | -7.46 | -6.34 |
| Dividend Payout % | 0.00% | 7.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -47% |
| 5 Years: | -68% |
| 3 Years: | -70% |
| TTM: | -78% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 18% |
| TTM: | -159% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | 0% |
| 3 Years: | 7% |
| 1 Year: | 11% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 |
| Reserves | 55.58 | 60.57 | 55.65 | 50.27 | 47.34 | 32.86 | 15.38 | -4.46 | -15.71 | -25.23 | -28.30 | -35.20 | -37.34 |
| 77.53 | 64.26 | 58.75 | 41.80 | 46.53 | 52.56 | 34.04 | 28.80 | 29.36 | 38.08 | 38.08 | 38.01 | 38.00 | |
| 50.33 | 59.22 | 43.63 | 39.12 | 65.70 | 59.97 | 54.76 | 40.27 | 28.31 | 26.73 | 25.29 | 26.37 | 26.91 | |
| Total Liabilities | 192.18 | 192.79 | 166.77 | 139.93 | 168.31 | 154.13 | 112.92 | 73.35 | 50.70 | 48.32 | 43.81 | 37.92 | 36.31 |
| 78.41 | 75.80 | 73.07 | 69.29 | 65.40 | 61.31 | 57.49 | 50.98 | 39.57 | 36.09 | 32.87 | 27.27 | 25.73 | |
| CWIP | 0.01 | 1.66 | 0.05 | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 3.18 | 3.18 | 3.18 | 3.18 | 13.83 | 13.22 | 12.50 | 1.10 | 1.94 | 4.81 | 3.27 | 2.86 | 3.40 |
| 110.58 | 112.15 | 90.47 | 67.41 | 89.03 | 79.60 | 42.93 | 21.27 | 9.19 | 7.42 | 7.67 | 7.79 | 7.18 | |
| Total Assets | 192.18 | 192.79 | 166.77 | 139.93 | 168.31 | 154.13 | 112.92 | 73.35 | 50.70 | 48.32 | 43.81 | 37.92 | 36.31 |
Cash Flows
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.74 | 30.33 | 17.34 | 23.75 | -1.33 | 0.37 | 23.40 | -6.41 | -16.88 | -7.47 | 1.06 | -0.70 | |
| -1.97 | -7.25 | -1.81 | 0.65 | 0.56 | 0.94 | 0.77 | 16.25 | 19.03 | 1.40 | 0.81 | 3.67 | |
| -4.14 | -23.02 | -15.51 | -24.31 | 1.29 | -0.90 | -25.25 | -9.50 | -2.38 | 6.42 | -2.40 | -2.44 | |
| Net Cash Flow | -0.37 | 0.06 | 0.02 | 0.09 | 0.52 | 0.41 | -1.08 | 0.34 | -0.23 | 0.35 | -0.52 | 0.54 |
Ratios
Figures in Rs. Crores
| 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 | 20.41 | 16.60 | 15.23 | 14.17 | 25.06 | 15.67 | 3.08 | 17.01 | 0.93 | 0.00 | 6.38 | 57.94 |
| Inventory Days | 149.46 | 115.42 | 117.48 | 101.44 | 161.02 | 106.97 | 83.19 | 97.59 | 34.36 | 142.91 | ||
| Days Payable | 55.89 | 54.03 | 48.99 | 45.48 | 88.89 | 59.48 | 47.97 | 92.91 | 212.49 | 1,672.43 | ||
| Cash Conversion Cycle | 113.97 | 77.99 | 83.73 | 70.13 | 97.19 | 63.16 | 38.30 | 21.69 | -177.21 | -1,529.52 | 6.38 | 57.94 |
| Working Capital Days | 76.91 | 52.48 | 55.08 | 40.65 | 52.54 | 32.00 | -9.80 | -156.12 | -276.84 | -2,752.91 | -956.53 | -9,669.60 |
| ROCE % | 6.86% | 14.68% | 5.41% | 2.13% | -4.40% | -7.61% | -13.04% | -49.96% | -64.40% | -41.52% | -6.28% | -34.39% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Nov - Of publication of Unaudited Financial Results for the quarter/half year ended 30th September 2024 pursuant to Regulation 30 and Regulation 47 of the SEBI (LODR) …
- Results-Financial Results For 30Th September, 2024 7 Nov
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Board Meeting Outcome for Outcome Of Board Meeting Held On 7Th November, 2024
7 Nov - Board approved unaudited financial results for Q2 2024.
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Board Meeting Intimation for Unaudited Financial Results For The Quarter Ended 30Th September, 2024, Under Regulation 29 Of SEBI (LODR) Regulations, 2015.
28 Oct - Board meeting on 7th Nov to approve Q2 results.
-
Statement Of Deviation(S) Or Variation(S) Pursuant To Regulation 32 Of SEBI (LODR) Regulations, 2015.
10 Oct - No material deviation for the quarter ended September 2024.
Annual reports
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Financial Year 2024
from bse
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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 2013
from nse
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Financial Year 2012
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Financial Year 2011
from bse
Product Profile:
a) Yarns: [1] In 1989, company established first 100% Export Oriented Spinning Unit in India's private sector. Presently, company exports 100% cotton yarn from India, which exceeds 8000 tonnes, to a clientele spread worldwide.
Company manufactures wide range of combed cotton yarn counts ranging 20s to 120s. These yarns are used for knitting, weaving, dyeing and processing. Eurotex also manufactures specfic yarns that meet the requirements of its customers.
Company produces single and 2-ply yarns, RKM yarns, Double Yarns, TFO-Knotless Yarns, Gassed Yarns, Compact Yarns, Autoconed Yarns, Soft Precision Wound Yarns etc.
b) Fabrics:[2] Company knits fabrics in various structures viz.,
Single jersey in 24/28 gg and 30"
Interlock in 24 gg and 30"/34"
Rib in 18 gg and 30"
Company also produces Single Jersey Pique fabric, cotton/spandex knitted fabrics.