Pashupati Cotspin Ltd
Incorporated in 2017, Pashupati Cotspin
Ltd Cotton does ginning, manufacture
and processing of yarn[1]
- Market Cap ₹ 807 Cr.
- Current Price ₹ 511
- High / Low ₹ 613 / 85.0
- Stock P/E 49.9
- Book Value ₹ 81.0
- Dividend Yield 0.15 %
- ROCE 10.2 %
- ROE 7.22 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 43.5 to 34.3 days.
- Company's working capital requirements have reduced from 72.5 days to 52.0 days
Cons
- Stock is trading at 6.31 times its book value
- Promoter holding has decreased over last quarter: -2.99%
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 443 | 661 | |
| 425 | 629 | |
| Operating Profit | 17 | 32 |
| OPM % | 4% | 5% |
| 9 | 8 | |
| Interest | 11 | 17 |
| Depreciation | 9 | 12 |
| Profit before tax | 6 | 11 |
| Tax % | 34% | 26% |
| 4 | 8 | |
| EPS in Rs | 2.54 | 5.43 |
| Dividend Payout % | 30% | 14% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 50% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 351% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 55% |
| 3 Years: | 84% |
| 1 Year: | 300% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|
| Equity Capital | 15 | 15 | 15 |
| Reserves | 96 | 103 | 109 |
| 173 | 151 | 116 | |
| 24 | 42 | 116 | |
| Total Liabilities | 309 | 311 | 357 |
| 115 | 138 | 134 | |
| CWIP | 26 | 0 | 0 |
| Investments | 27 | 39 | 17 |
| 140 | 134 | 205 | |
| Total Assets | 309 | 311 | 357 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 59 | 56 | |
| -43 | -15 | |
| -17 | -41 | |
| Net Cash Flow | -0 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | 53 | 34 |
| Inventory Days | 34 | 26 |
| Days Payable | 8 | 17 |
| Cash Conversion Cycle | 79 | 43 |
| Working Capital Days | 93 | 52 |
| ROCE % | 10% |
Documents
Announcements
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
15 November 2024 - PASHUPATI COTSPIN LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Cessation
15 November 2024 - Pashupati Cotspin Limited has informed regarding Cessation of Mr Nisarg Dineshkumar Shah as Company Secretary & Compliance Officer of the company w.e.f. November 18, 2024.
-
Appointment
15 November 2024 - Pashupati Cotspin Limited has informed regarding Appointment of Mrs Bijal K. Thakkar as Company Secretary & Compliance Officer of the company w.e.f. November 18, 2024.
-
Outcome of Board Meeting
14 November 2024 - Pashupati Cotspin Limited has informed regarding Board meeting held on November 14, 2024.
-
Financial Result Updates
14 November 2024 - Pashupati Cotspin Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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