Is Maris Spinners a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Maris Spinners Ltd is a average quality company .

Is Maris Spinners undervalued or overvalued?

The key valuation ratios of Maris Spinners Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Maris Spinners share price return in the past 10 years?

Data is not available for this company

Is Maris Spinners a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Maris Spinners Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Maris Spinners Ltd - Stock Valuation and Financial Performance

Name: Maris Spinners
Brand: Maris Spinners

BSE: 531503 | NSE: | Textile - Spinning | Small Cap

Place order

Maris Spinners Share Price

₹33.50 0.80 2.45%
as on 22-Apr'25 16:59

DeciZen - make an informed investing decision on Maris Spinners

Based on:

Data

M-Cap below 100cr DeciZen not available

Maris Spinners stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

0.00

Market Cap:

25.9 Cr.

52-wk low:

28.9

52-wk high:

Is Maris Spinners Ltd an attractive stock to invest in?

10 Year X-Ray of Maris Spinners: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	16.4%	14.2%	11.4%	8.9%	10.9%	2.7%	21.8%	35.6%	-11.7%	-4.3%	-
Value Creation Index ⓘ	0.2	0.0	-0.2	-0.4	-0.2	-0.8	0.6	1.5	-1.8	-1.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	120	105	118	122	130	122	106	170	147	161	162
Sales YoY Gr.	-	-12.4%	12.3%	3.8%	6.3%	-5.9%	-13.3%	60.7%	-13.9%	9.4%	-
Adj EPS ⓘ	4.1	3.9	3.2	1.3	3	-2.8	8	19.4	-13.7	-11.5	-3.5
YoY Gr.	-	-3.9%	-16.9%	-61.1%	139.7%	-191.1%	NA	141.5%	-170.6%	NA	-
BVPS (₹) ⓘ	21.9	24.7	28	28.1	29.9	26.2	34.3	53.4	38.3	26.9	23.7
Adj Net Profit ⓘ	3.3	3.2	2.6	1	2.5	-2.3	6.6	15.4	-10.9	-9.1	-3
Cash Flow from Ops. ⓘ	17.7	10.6	21.7	10.8	-1.5	11.8	0.6	42.8	24.9	4.3	-
Debt/CF from Ops. ⓘ	2.7	4.4	2.2	3.3	-26	2.8	72.9	0.9	2.5	19.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	3.3%	4.3%	14.9%	9.4%
Adj EPS ⓘ	-212.3%	-230.7%	-212.8%	NA
BVPSⓘ	2.3%	-2.1%	-7.8%	-29.7%
Share Price	-	39.5%	-39.2%	-15.2%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	20.2	17	12.5	4.6	10.6	-9.9	27	44	-29.9	-35.4	-13.8
Op. Profit Mgn % ⓘ	11.5	11.2	8.5	6.5	6.7	2.9	14.4	17.5	-5.4	-2.9	2.3
Net Profit Mgn % ⓘ	2.8	3	2.3	0.8	1.9	-1.8	6.2	9	-7.4	-5.7	-1.7
Debt to Equity ⓘ	2.8	2.3	2.1	1.6	1.6	1.6	1.6	0.9	2.1	3.8	-
Working Cap Days ⓘ	155	167	172	182	173	160	181	147	171	133	60
Cash Conv. Cycle ⓘ	109	117	102	92	86	85	93	61	61	28	-11

Recent Performance Summary

Latest Financials - Maris Spinners Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-3.5	-
TTM Sales (₹ Cr.)	162	-
BVPS (₹.) ⓘ	23.7	-
Reserves (₹ Cr.) ⓘ	11	-
P/BV ⓘ	1.38	-
PE ⓘ	0.00	-

From the Market
52 Week Low / High (₹)	28.90 / 59.98
All Time Low / High (₹)	0.15 / 169.90
Market Cap (₹ Cr.)	25.9
Equity (₹ Cr.)	7.9
Face Value (₹)	10
Industry PE ⓘ	26.1

Quarterly Results

Standalone Basis

Consolidated Basis

	Mar'24	YoY Gr. Rt. %	Jun'24	YoY Gr. Rt. %	Sep'24	YoY Gr. Rt. %	Dec'24	YoY Gr. Rt. %
Sales (₹ Cr.)ⓘ	2,656	7.9	2,190	-9	1,953	-14.5	2,257	-2.3
Adj EPS (₹) ⓘ	24.5	161.2	4.2	-45.3	-3.3	-143	4.1	-71.4
Op. Profit Mgn % ⓘ	17.78	664 bps	11.79	-58 bps	9.08	-356 bps	10.99	-539 bps
Net Profit Mgn % ⓘ	7.09	416 bps	1.49	-99 bps	-1.29	-385 bps	1.38	-334 bps

Management X-Ray of Maris Spinners:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Maris Spinners

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Maris Spinners

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Peer Comparison

Company Name	CMP(₹)	Change ₹(%)	Market Cap	Net Sales (₹ Cr.)	Latest EPS (₹)	Net Profit Margin %	Latest P/E	Latest P/BV
Trident	29.3	1.9 (6.8%)	Small Cap	6,730	0.6	5.2	46.7	3.2
Filatex India	47.4	3.5 (8%)	Small Cap	4,286	2.9	2.5	15.2	1.5
Nahar Spinning Mills	235.8	2.3 (1%)	Small Cap	3,050	-2.9	-1.2	-	0.6
Sanathan Textiles	425.5	-9.7 (-2.2%)	Small Cap	2,957	16.7	4.5	26	1.9
Nitin Spinners	375	8.6 (2.3%)	Small Cap	2,906	29.9	4.5	12.2	1.6
Sutlej Textiles&Inds	39.8	-0.3 (-0.6%)	Small Cap	2,703	-5	-4.9	-	0.7
Nahar Ind.Enterprise	104.2	0.3 (0.3%)	Small Cap	1,472	4.9	0.5	21.4	0.5
GHCL Textiles	83.9	0.9 (1.1%)	Small Cap	1,054	5.4	2.1	15.2	0.6
Sumeet Inds	4.8	0 (0%)	Small Cap	985	-98.3	-6	-	-0.5
Precot	-	0 (0%)	Small Cap	978	34.4	1	13.4	1.3

Shows rows:

Prev 1 2 3 4 5 Next

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	119.69	104.87	117.73	122.20	129.89	122.23	106.02	170.40	146.80	160.65
Operating Expenses ⓘ	105.96	93.10	107.74	114.22	121.22	118.75	90.77	140.51	154.70	165.28
Manufacturing Costs	22.08	21.81	20.93	22.02	22.18	22.16	18.38	25.14	23.35	25.93
Material Costs	71.55	58.08	72.78	78.62	83.27	81.98	59.94	97.38	113.24	121.92
Employee Cost	7.34	8.66	8.69	9.42	11.05	10.39	8.84	11.32	12.21	12
Other Costs ⓘ	4.99	4.56	5.34	4.16	4.72	4.23	3.61	6.67	5.90	5.43
Operating Profit ⓘ	13.73	11.77	9.99	7.98	8.67	3.48	15.26	29.89	-7.91	-4.62
Operating Profit Margin (%)	11.5%	11.2%	8.5%	6.5%	6.7%	2.8%	14.4%	17.5%	-5.4%	-2.9%
Other Income ⓘ	3.05	2.53	2.79	2.73	2.63	2.84	2.62	1.57	3.16	6.34
Interest ⓘ	6.40	5.42	4.74	4.98	4.85	4.79	4.43	3.78	5.51	9.09
Depreciation ⓘ	5.41	4.93	5.06	4.98	4.64	4.71	4.22	4.35	5.43	5.90
Exceptional Items ⓘ	-0.01	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	4.97	3.95	2.98	0.74	1.82	-3.17	9.23	23.33	-15.69	-13.27
Tax ⓘ	1.65	0.76	0.34	-0.25	-0.55	-1.02	2.46	7.90	-4.83	-4.14
Profit After Tax	3.31	3.19	2.65	0.99	2.36	-2.15	6.76	15.43	-10.86	-9.13
PAT Margin (%)	2.8%	3.0%	2.2%	0.8%	1.8%	-1.8%	6.4%	9.1%	-7.4%	-5.7%
Adjusted EPS (₹)	4.1	4.0	3.3	1.2	2.9	-2.7	8.4	19.5	-13.7	-11.5
Dividend Payout Ratio (%)	24%	25%	30%	81%	34%	0%	12%	5%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	17.59	19.82	22.49	22.56	24.10	21.07	27.65	42.32	30.33	21.34
Share Capital ⓘ	8.03	8.03	8.04	8.04	8.05	8.06	8.06	7.92	7.92	7.92
Reserves ⓘ	9.56	11.79	14.45	14.52	16.04	13.02	19.59	34.39	22.40	13.41
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	42.89	46.39	47.02	36.08	39.63	32.80	40.34	33.49	57.87	67.15
Long Term Debt	14.44	11.57	10.63	7.69	6.86	6.14	10.16	20.72	32.37	43.48
Short Term Debt	28.45	34.82	36.39	28.39	32.77	26.66	30.18	12.77	25.50	23.67
Trade Payables	3.74	6.03	16.21	24.28	20.63	13.24	10.01	24.36	34.07	27.53
Others Liabilities ⓘ	17.28	11.12	7.02	6.17	5.53	4.42	9.94	18.86	4.27	10.26
Total Liabilities ⓘ	81.50	83.35	92.73	89.09	89.89	71.53	87.93	119.02	126.53	126.28
Fixed Assets
Gross Block	111.56	113.42	115.70	116.01	123.20	125.07	128.44	137.62	176.54	184.45
Accumulated Depreciation	76.22	81.07	86.13	90.83	95.43	99.88	101.44	105.60	110.83	116.59
Net Fixed Assetsⓘ	35.35	32.35	29.57	25.17	27.77	25.19	27	32.02	65.71	67.86
CWIP ⓘ	0.09	0.30	1.02	2.16	0.12	0.16	0.54	8.65	1.16	0
Investmentsⓘ	0	0.01	0.07	0.07	0.07	0.07	0.06	0.06	0.06	0.10
Inventories	19.89	28.05	36.92	36.94	38.36	25.52	36.47	47.26	39.60	33.24
Trade Receivables	16.53	13.28	13.01	17.26	14.81	12.57	5.86	7.81	5.64	9.10
Cash Equivalents	0.13	0.42	1.55	0.52	0.27	0.78	0.63	0.29	0.26	0.38
Others Assetsⓘ	9.52	8.94	10.60	6.98	8.49	7.24	17.37	22.92	14.09	15.60
Total Assets ⓘ	81.50	83.35	92.73	89.09	89.89	71.53	87.93	119.02	126.53	126.28

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	17.74	10.57	21.67	10.84	-1.52	11.76	0.60	42.80	24.89	4.26
PBT ⓘ	4.97	3.95	2.98	0.74	1.82	-3.17	9.23	23.33	-15.69	-13.27
Adjustment ⓘ	11.05	9.86	9.44	9.68	9.18	9.09	7.80	7.63	10.22	14.90
Changes in Working Capital ⓘ	3.4	-2.44	10.18	0.58	-12.36	5.84	-15.42	17.49	30.83	2.63
Tax Paid ⓘ	-1.68	-0.80	-0.93	-0.16	-0.15	0	-1	-5.65	-0.48	0
Cash Flow From Investing Activity ⓘ	-3.16	-2.15	-3.05	-1.47	-5.77	-1.81	-5.55	-19.48	-30.62	-6.39
Capex	-3.67	-1.92	-2.28	-0.64	-7.22	-2.13	-5.76	-9.53	-31.65	-6.99
Net Investments	0	-0.01	-0.05	0	0	0	0.01	0.12	0	-0.04
Others ⓘ	0.52	-0.22	-0.72	-0.83	1.45	0.32	0.20	-10.07	1.04	0.63
Cash Flow From Financing Activityⓘ	-14.62	-8.12	-8.92	-4.12	-6.38	-6.14	-0.15	6.36	5.70	2.29
Net Proceeds from Shares ⓘ	0.03	0	0.02	0	0.01	0.01	0	0	0	0
Net Proceeds from Borrowing ⓘ	-6.09	-2.85	-0.94	-2.93	-0.83	-0.72	0	0	11.65	11.11
Interest Paid ⓘ	-5.74	-5.42	-4.74	-4.91	-4.57	-4.47	-4.17	-3.41	-5.15	-8.82
Dividend Paid ⓘ	-0.93	-0.97	0	-0.96	-0.96	-0.97	0	-0.79	-0.79	0
Others ⓘ	-1.88	1.11	-3.26	4.68	-0.02	0.01	4.02	10.56	0	0
Net Cash Flow ⓘ	-0.03	0.29	9.69	5.25	-13.68	3.81	-5.10	29.69	-0.03	0.15

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	20.19	17.04	12.51	4.4	10.12	-9.52	27.76	44.1	-29.91	-35.34
ROCE (%)	16.42	14.16	11.38	8.93	10.89	2.74	21.76	35.56	-11.67	-4.26
Asset Turnover Ratio	1.37	1.27	1.34	1.34	1.45	1.51	1.33	1.65	1.2	1.27
PAT to CFO Conversion(x)	5.36	3.31	8.18	10.95	-0.64	N/A	0.09	2.77	N/A	N/A
Working Capital Days
Receivable Days	49	52	41	45	45	41	32	15	17	17
Inventory Days	78	83	101	110	106	95	107	90	108	83
Payable Days	27	31	56	94	98	75	71	64	94	92

Maris Spinners Ltd Stock News

View All News

Maris Spinners Ltd FAQs

What is the share price of Maris Spinners?

Company share prices are keep on changing according to the market conditions. The closing price of Maris Spinners on 22-Apr-2025 16:59 is ₹33.50.

What is the market cap of Maris Spinners?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Apr-2025 16:59 the market cap of Maris Spinners stood at ₹25.91.

What is the P/E ratio of Maris Spinners?

The latest P/E ratio of Maris Spinners as of 22-Apr-2025 16:59 is 0.00.

What is the P/B ratio of Maris Spinners?

The latest P/B ratio of Maris Spinners as of 22-Apr-2025 16:59 is 1.38.

What is the 52-week high and low of Maris Spinners?

The 52-week high of Maris Spinners is ₹59.98 and the 52-week low is ₹28.90.

What is the TTM revenue of Maris Spinners?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Maris Spinners is ₹161.8 ( Cr.) .

About Maris Spinners Ltd

Maris Spinners was originally incorporated as a Private Limited Company on September 18, 1979. The company became a deemed Public Limited Company under section 43A (1A) of the Companies Act, 1956 from July 1, 1994. Consequently the name of the company was changed to Maris Spinners Limited by deleting the word Private, and a fresh certificate of incorporation was issued on February 9, 1995.

The Company commenced commercial production in 1981 with an installed capacity of 11,856 spindles. Since its inception, the Company has undertaken regular expansion and modernization programmes to increase capacity and productivity. The present capacity of the spinning unit is 24,672 spindles.

The company presently manufactures 100% cotton carded yarn of counts 30s, and 40s for weaving, knitting and handlooms. The Company's spinning unit is located in Kattemalalavadi village, Hunsur taluk, Mysore District, Karnataka. Maria Spinners has a sound track record of productivity, and has been producing high quality yarn for the domestic market.

The registered office of the company is located at 11, Cathedral Road, Chennai-600086

Business area of the company

The company is engaged in manufacturing of 100% cotton carded yarn for weaving, knitting and handlooms.