Kandagiri Spinning Mills Ltd
₹ 33.5
3.17%
13 Dec
- close price
About
Incorporated in 1976, Kandagiri Spinning Mills Limited is engaged in production and sale of cotton yarn. Presently, company is doing yarn trading business and leasing out properties.
Key Points
- Market Cap ₹ 12.9 Cr.
- Current Price ₹ 33.5
- High / Low ₹ 36.8 / 16.6
- Stock P/E
- Book Value ₹ -18.8
- Dividend Yield 0.00 %
- ROCE 4.40 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -53.6% over past five years.
- Contingent liabilities of Rs.20.1 Cr.
- Company has high debtors of 387 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.
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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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 160.54 | 193.61 | 189.36 | 144.78 | 78.03 | 54.38 | 69.55 | 26.57 | 2.54 | 3.19 | 1.23 | 1.50 | 2.11 | |
| 131.34 | 167.77 | 168.06 | 135.53 | 84.45 | 58.96 | 76.85 | 35.85 | 3.01 | 3.46 | 1.47 | 2.12 | 2.58 | |
| Operating Profit | 29.20 | 25.84 | 21.30 | 9.25 | -6.42 | -4.58 | -7.30 | -9.28 | -0.47 | -0.27 | -0.24 | -0.62 | -0.47 |
| OPM % | 18.19% | 13.35% | 11.25% | 6.39% | -8.23% | -8.42% | -10.50% | -34.93% | -18.50% | -8.46% | -19.51% | -41.33% | -22.27% |
| 0.25 | -0.15 | 0.43 | 0.27 | 15.98 | -0.16 | -1.56 | 6.30 | 1.53 | 2.59 | 3.25 | 1.47 | 0.10 | |
| Interest | 12.96 | 12.06 | 11.92 | 13.27 | 13.10 | 8.53 | 6.53 | 5.29 | 1.70 | 1.60 | 1.32 | 2.33 | 2.07 |
| Depreciation | 8.21 | 7.83 | 7.54 | 7.59 | 7.12 | 3.71 | 3.21 | 2.11 | 0.29 | 0.29 | 0.29 | 0.29 | 0.31 |
| Profit before tax | 8.28 | 5.80 | 2.27 | -11.34 | -10.66 | -16.98 | -18.60 | -10.38 | -0.93 | 0.43 | 1.40 | -1.77 | -2.75 |
| Tax % | 29.35% | 34.14% | 31.28% | 0.00% | 0.00% | -31.57% | 0.00% | 19.08% | 0.00% | 34.88% | -10.00% | 0.00% | |
| 5.85 | 3.82 | 1.56 | -11.34 | -10.65 | -11.61 | -18.59 | -12.36 | -0.94 | 0.28 | 1.53 | -1.77 | -2.69 | |
| EPS in Rs | 15.20 | 9.92 | 4.05 | -29.46 | -27.67 | -30.16 | -48.29 | -32.11 | -2.44 | 0.73 | 3.97 | -4.60 | -6.99 |
| Dividend Payout % | 0.00% | 0.00% | 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: | -38% |
| 5 Years: | -54% |
| 3 Years: | -16% |
| TTM: | 72% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | -72% |
| TTM: | -272% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | 48% |
| 3 Years: | 34% |
| 1 Year: | 75% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
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 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 | 3.86 |
| Reserves | 42.73 | 46.26 | 47.63 | 36.30 | 33.28 | 20.78 | 2.14 | -9.42 | -10.36 | -10.08 | -8.55 | -10.32 | -11.08 |
| 100.55 | 90.77 | 86.40 | 90.95 | 67.02 | 58.93 | 51.71 | 15.32 | 14.51 | 14.42 | 14.42 | 18.11 | 18.28 | |
| 21.58 | 32.88 | 32.69 | 33.40 | 9.62 | 11.14 | 21.49 | 8.79 | 7.82 | 6.02 | 5.63 | 3.08 | 2.78 | |
| Total Liabilities | 168.72 | 173.77 | 170.58 | 164.51 | 113.78 | 94.71 | 79.20 | 18.55 | 15.83 | 14.22 | 15.36 | 14.73 | 13.84 |
| 111.59 | 105.57 | 98.55 | 92.97 | 74.10 | 52.90 | 26.41 | 11.55 | 11.26 | 10.96 | 10.67 | 10.38 | 10.21 | |
| CWIP | 0.00 | 0.00 | 0.27 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2.45 | 2.01 | 2.01 | 2.01 | 2.47 | 2.14 | 1.55 | 1.55 | 1.55 | 1.55 | 2.00 | 2.00 | 2.00 |
| 54.68 | 66.19 | 69.75 | 69.53 | 37.21 | 39.67 | 51.24 | 5.45 | 3.02 | 1.71 | 2.69 | 2.35 | 1.63 | |
| Total Assets | 168.72 | 173.77 | 170.58 | 164.51 | 113.78 | 94.71 | 79.20 | 18.55 | 15.83 | 14.22 | 15.36 | 14.73 | 13.84 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 18.43 | 22.79 | 16.73 | 8.38 | 8.98 | -6.29 | -5.53 | -24.90 | 2.68 | 0.58 | 1.34 | -1.50 | |
| -0.72 | -2.32 | -0.60 | -1.13 | 27.42 | 22.50 | 10.97 | 43.96 | 0.03 | 0.79 | 0.07 | 0.11 | |
| -23.55 | -20.59 | -15.52 | -7.88 | -36.43 | -16.14 | -5.49 | -19.02 | -2.51 | -1.68 | -1.32 | 1.37 | |
| Net Cash Flow | -5.84 | -0.12 | 0.61 | -0.63 | -0.02 | 0.06 | -0.06 | 0.03 | 0.19 | -0.31 | 0.09 | -0.02 |
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 | 30.83 | 20.06 | 18.00 | 45.48 | 24.70 | 19.00 | 15.06 | 41.62 | 162.38 | 0.00 | 382.80 | 386.90 |
| Inventory Days | 119.85 | 116.12 | 137.61 | 151.91 | 140.22 | 271.59 | 98.79 | 12.31 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days Payable | 18.56 | 41.57 | 39.20 | 53.72 | 13.91 | 45.84 | 38.97 | 30.53 | ||||
| Cash Conversion Cycle | 132.12 | 94.61 | 116.42 | 143.67 | 151.00 | 244.74 | 74.89 | 23.40 | 162.38 | 0.00 | 382.80 | 386.90 |
| Working Capital Days | 50.79 | 11.97 | 50.37 | 52.87 | 82.37 | 97.86 | 92.89 | -101.52 | -944.11 | -669.36 | -1,222.60 | -343.10 |
| ROCE % | 14.14% | 12.71% | 10.18% | 1.43% | -11.05% | -8.43% | -14.65% | -28.90% | 8.67% | 15.67% | 25.32% | 4.40% |
Documents
Announcements
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Disclosure Of Unaudited (Consolidated And Standalone) Financial Results Of The Company For The Second Quarter/Half Year Ended 30.09.2024 Along With Independent Auditor''s Limited Review Report
9 Nov - Submission of unaudited financial results for Q2 2024.
- Closure of Trading Window 30 Oct
-
Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results Of The Company (Standalone And Consolidated) Of The Company For The Second Quarter/Half Year Ended 30.09.2024
30 Oct - Board meeting to approve Q2 financial results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Oct - Certificate under SEBI regulations for Q2 2024.
- Closure of Trading Window 1 Oct
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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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
from bse
History[1]
Kandagiri Spinning Mills Ltd (KSML) is part of Salem (Tamil Nadu) based “Sambandam Group” and was engaged in textile spinning with an aggregate capacity of 27,296 spindles spread among two units which could produce around 25 Tons of Yarn per day. In FY20, company sold the spinning plant and machinery and ceased the yarn production activity, and let out the immovable property for lease. The Company at present is carrying out yarn trading business[2]