Pashupati Cotspin Ltd
Incorporated in 2017, Pashupati Cotspin
Ltd Cotton does ginning, manufacture
and processing of yarn[1]
- Market Cap ₹ 689 Cr.
- Current Price ₹ 451
- High / Low ₹ 520 / 85.0
- Stock P/E 83.0
- Book Value ₹ 77.6
- Dividend Yield 0.17 %
- ROCE 9.90 %
- ROE 7.45 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 17.3%
- Company's working capital requirements have reduced from 78.8 days to 60.4 days
Cons
- Stock is trading at 5.81 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.13% over past five years.
- Company has a low return on equity of 7.27% over last 3 years.
* 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
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 72 | 252 | 248 | 276 | 334 | 538 | 397 | 441 | 661 | 443 | 658 | |
0 | 69 | 239 | 235 | 249 | 310 | 495 | 375 | 408 | 622 | 426 | 628 | |
Operating Profit | -0 | 3 | 13 | 13 | 27 | 25 | 42 | 22 | 33 | 39 | 17 | 30 |
OPM % | 5% | 5% | 5% | 10% | 7% | 8% | 5% | 7% | 6% | 4% | 5% | |
0 | 3 | 14 | 15 | 10 | 0 | -2 | 5 | 2 | 4 | 8 | 9 | |
Interest | 0 | 6 | 15 | 13 | 13 | 10 | 16 | 12 | 12 | 13 | 10 | 17 |
Depreciation | 0 | 1 | 5 | 5 | 9 | 8 | 13 | 13 | 15 | 14 | 9 | 11 |
Profit before tax | -0 | -1 | 7 | 9 | 16 | 7 | 11 | 1 | 7 | 16 | 6 | 11 |
Tax % | 31% | 128% | -16% | 10% | -44% | 109% | 13% | -144% | 28% | 31% | 33% | 26% |
-0 | 0 | 8 | 8 | 23 | -1 | 9 | 3 | 5 | 11 | 4 | 8 | |
EPS in Rs | -0.62 | 9.20 | 3.10 | 3.47 | 7.28 | 2.69 | 5.43 | |||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 5% | 16% | 22% | 10% | 28% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | 25% |
5 Years: | 4% |
3 Years: | 14% |
TTM: | 49% |
Compounded Profit Growth | |
---|---|
10 Years: | 38% |
5 Years: | -8% |
3 Years: | 16% |
TTM: | 102% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 50% |
3 Years: | 79% |
1 Year: | 321% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 6% |
3 Years: | 7% |
Last Year: | 7% |
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 | 0 | 0 | 0 | 0 | 8 | 10 | 10 | 11 | 15 | 15 | 15 | 15 |
Reserves | -0 | 0 | 8 | 17 | 60 | 42 | 51 | 59 | 83 | 93 | 96 | 103 |
8 | 97 | 111 | 101 | 77 | 159 | 137 | 112 | 150 | 177 | 173 | 151 | |
1 | 27 | 32 | 31 | 12 | 26 | 43 | 63 | 16 | 21 | 23 | 41 | |
Total Liabilities | 8 | 124 | 152 | 149 | 156 | 237 | 241 | 244 | 265 | 307 | 307 | 310 |
2 | 74 | 73 | 63 | 60 | 121 | 109 | 105 | 95 | 86 | 112 | 135 | |
CWIP | 2 | 0 | 0 | 0 | 0 | 0 | 4 | 0 | 0 | 0 | 26 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 6 | 6 | 39 | 34 | 43 |
5 | 50 | 78 | 86 | 96 | 116 | 121 | 133 | 163 | 182 | 135 | 132 | |
Total Assets | 8 | 124 | 152 | 149 | 156 | 237 | 241 | 244 | 265 | 307 | 307 | 310 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | -11 | 9 | 38 | 24 | -18 | 44 | 29 | -11 | 22 | 65 | 52 | |
-4 | -71 | -1 | -4 | -2 | -25 | -12 | -3 | -5 | -34 | -51 | -12 | |
4 | 84 | -8 | -34 | -22 | 40 | -32 | -26 | 16 | 13 | -15 | -41 | |
Net Cash Flow | 0 | 1 | 0 | -0 | -1 | -3 | 0 | -0 | 0 | 1 | -0 | -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 | 66 | 23 | 33 | 34 | 30 | 19 | 47 | 33 | 28 | 51 | ||
Inventory Days | 119 | 35 | 29 | 33 | 82 | 49 | 54 | 72 | 40 | 34 | ||
Days Payable | 21 | 6 | 1 | 14 | 4 | 6 | 8 | 4 | 4 | 7 | ||
Cash Conversion Cycle | 164 | 52 | 60 | 54 | 108 | 62 | 93 | 101 | 64 | 78 | ||
Working Capital Days | 217 | 94 | 86 | 82 | 88 | 51 | 68 | 119 | 86 | 90 | ||
ROCE % | 10% | 21% | 19% | 17% | 10% | 15% | 5% | 9% | 11% | 6% |
Documents
Announcements
-
Updates
13 June 2024 - Pashupati Cotspin Limited has informed regarding 'General Update'.
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
26 May 2024 - PASHUPATI COTSPIN LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Outcome of Board Meeting-XBRL
26 May 2024 - PASHUPATI COTSPIN LIMITED has informed regarding Outcome of Board Meeting held on 25-May-2024 for Dividend
-
Updates
25 May 2024 - Pashupati Cotspin Limited has informed regarding 'Considered and appointed M/s. Sandip Desai & Co, Practicing Chartered Accountants as a Internal Auditor for the F.Y 2024-25'.
-
Updates
25 May 2024 - Pashupati Cotspin Limited has informed regarding 'Considered and appointed M/s. Khandelwal Devesh & Associates, Practicing Company Secretaries as a Secretarial Auditor for the F.Y 2024-25.'.
Business Overview:[1]
PCL is listed on the SME Platform and is part of the Pashupati group which operates in the textile industry. It does cotton ginning and spinning of cotton yarn and manufactures cotton bales, cotton yarn and black cotton seeds