Sanathan Textiles Ltd
Incorporated in 2005, Sanathan Textiles
Ltd manufactures and exports polyester
yarn, cotton yarn and yarn for technical
textile[1]
- Market Cap ₹ 2,713 Cr.
- Current Price ₹ 321
- High / Low ₹ 423 / 307
- Stock P/E 20.7
- Book Value ₹ 161
- Dividend Yield 0.00 %
- ROCE 13.5 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 3,185 | 3,329 | 2,958 | |
| 2,640 | 3,061 | 2,724 | |
| Operating Profit | 545 | 268 | 233 |
| OPM % | 17% | 8% | 8% |
| 16 | 16 | 22 | |
| Interest | 40 | 31 | 30 |
| Depreciation | 42 | 43 | 44 |
| Profit before tax | 479 | 209 | 181 |
| Tax % | 26% | 27% | 26% |
| 355 | 153 | 134 | |
| EPS in Rs | 49.40 | 21.23 | 18.61 |
| Dividend Payout % | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -13% |
| Stock Price CAGR | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|
| Equity Capital | 72 | 72 | 72 | 72 |
| Reserves | 915 | 1,068 | 1,203 | 1,286 |
| 378 | 281 | 380 | 953 | |
| 428 | 486 | 549 | 542 | |
| Total Liabilities | 1,793 | 1,907 | 2,204 | 2,852 |
| 897 | 950 | 931 | 921 | |
| CWIP | 2 | 21 | 141 | 772 |
| Investments | 55 | 48 | 107 | 66 |
| 839 | 888 | 1,025 | 1,093 | |
| Total Assets | 1,793 | 1,907 | 2,204 | 2,852 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 295 | 362 | 192 | |
| -96 | -235 | -245 | |
| -199 | -126 | 74 | |
| Net Cash Flow | -1 | 1 | 21 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | 16 | 16 | 16 |
| Inventory Days | 80 | 61 | 69 |
| Days Payable | 56 | 57 | 75 |
| Cash Conversion Cycle | 40 | 19 | 10 |
| Working Capital Days | 48 | 26 | 29 |
| ROCE % | 17% | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Feb - Schedule of Analyst/Institutional Investor Meeting on February 24, 2025.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
12 Feb - Transcript of the earnings call held via webinar on Tuesday, February 11, 2025 at 16.30 hours IST .
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
11 Feb - Audio recording of earnings call for Q3 results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Feb - Newspaper publication regarding the extract of unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
10 Feb - Unaudited financial results and director nomination.
Concalls
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Feb 2025TranscriptPPT
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Jan 2025TranscriptPPT
Business Overview:[1]
STL is a polyester yarn manufacturer and a global supplier of Cotton Yarns, Polyester Yarns and Yarns for Technical Textiles. Company has catered to 2,588 customers selling products such as apparel, home furnishings, luggage, ropes, geogrid fabrics, seatbelts, upholstery, sportswear, innerwear, umbrellas, personal protective equipment, pipes, all made from
its yarns.