Swaraj Suiting Ltd
Incorporated in 2003, Swaraj Suiting Ltd does production of grey and finished fabric which are used into home textiles, bottom wears etc.[1]
- Market Cap ₹ 431 Cr.
- Current Price ₹ 232
- High / Low ₹ 365 / 92.4
- Stock P/E 19.1
- Book Value ₹ 61.9
- Dividend Yield 0.00 %
- ROCE 16.4 %
- ROE 21.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 55.8% CAGR over last 5 years
- Promoter holding has increased by 4.68% over last quarter.
Cons
- Stock is trading at 3.75 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 - Spinning - Synthetic / Blended
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 76 | 80 | 60 | 129 | 219 | 320 | 338 | |
| 62 | 64 | 50 | 115 | 196 | 280 | 290 | |
| Operating Profit | 14 | 16 | 10 | 13 | 23 | 40 | 49 |
| OPM % | 19% | 20% | 16% | 10% | 11% | 12% | 14% |
| 0 | 0 | 0 | 0 | 1 | 6 | 7 | |
| Interest | 4 | 5 | 3 | 3 | 9 | 13 | 15 |
| Depreciation | 7 | 7 | 4 | 5 | 8 | 8 | 9 |
| Profit before tax | 3 | 4 | 3 | 6 | 8 | 24 | 31 |
| Tax % | 22% | 17% | 20% | 25% | 27% | 25% | |
| 2 | 4 | 3 | 5 | 6 | 18 | 23 | |
| EPS in Rs | 5.23 | 8.38 | 5.80 | 3.17 | 3.97 | 10.16 | 12.29 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 33% |
| 3 Years: | 75% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 56% |
| 3 Years: | 92% |
| TTM: | 138% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 130% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 15% |
| Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 7 | 7 | 18 | 19 |
| Reserves | 24 | 29 | 36 | 54 | 59 | 84 | 96 |
| 56 | 49 | 42 | 74 | 113 | 175 | 199 | |
| 12 | 17 | 12 | 7 | 51 | 79 | 130 | |
| Total Liabilities | 94 | 97 | 92 | 142 | 231 | 356 | 444 |
| 52 | 45 | 36 | 37 | 81 | 77 | 153 | |
| CWIP | -0 | -0 | -0 | 41 | 3 | 69 | 34 |
| Investments | -0 | -0 | 3 | 3 | 3 | 4 | 4 |
| 41 | 52 | 53 | 61 | 143 | 207 | 253 | |
| Total Assets | 94 | 97 | 92 | 142 | 231 | 356 | 444 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 10 | 9 | 6 | 15 | -15 | 45 | |
| -13 | 1 | -6 | -47 | -17 | -99 | |
| 4 | -10 | 0 | 34 | 31 | 54 | |
| Net Cash Flow | -0 | 0 | -0 | 2 | -2 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 62 | 62 | 80 | 40 | 94 | 76 |
| Inventory Days | 204 | 254 | 293 | 113 | 160 | 146 |
| Days Payable | 53 | 90 | 88 | 10 | 106 | 102 |
| Cash Conversion Cycle | 213 | 226 | 285 | 144 | 149 | 120 |
| Working Capital Days | 118 | 146 | 222 | 133 | 142 | 110 |
| ROCE % | 12% | 8% | 8% | 10% | 16% |
Documents
Announcements
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Credit Rating- Others
21 November 2024 - Swaraj Suiting Limited has clarified the Exchange about Rating Rationale published by Brickwork Ratings India Private Limited on Nov. 20, 2024.
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Analysts/Institutional Investor Meet/Con. Call Updates
18 November 2024 - Swaraj Suiting Limited has informed about Link of Recording
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Investor Presentation
15 November 2024 - Swaraj Suiting Limited has informed about Investor Presentation
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Statement of deviation(s) or variation(s) under Reg. 32
14 November 2024 - Swaraj Suiting Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
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Financial Result Updates
14 November 2024 - Swaraj Suiting Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
Annual reports
Concalls
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Nov 2024TranscriptNotesPPT
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Jun 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
Business Segments:[1]
a) Manufacturing of denim, synthetic, cotton fabric
b) Trading of yarn, Grey & Finished Fabric
c) Weaving on job work basis