Past 10 year’s financial track record analysis by Moneyworks4me indicates that Omnitex Industries (India) Ltd is a below average quality company.
The key valuation ratios of Omnitex Industries (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Omnitex Industries (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 0.2% | -1.1% | -2.3% | 1.5% | 0.7% | -1.2% | -2.6% | -3.9% | -3.4% | 5.3% | - |
| Value Creation Index ⓘ | -1.0 | -1.1 | -1.2 | -0.9 | -1.0 | -1.1 | -1.2 | -1.3 | -1.2 | -0.6 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 0.2 | 0.4 | 0.5 | 0.8 | 0.1 | 0.4 | 2.1 | 0.4 | 0.3 | 1.7 | 3 |
| Sales YoY Gr. | - | 81.8% | 25% | 60% | -87.5% | 300% | 435% | -80.8% | -17.1% | 400% | - |
| Adj EPS ⓘ | 0.1 | -0.2 | -0.3 | 0.2 | 0.1 | -0.2 | -0.4 | -0.6 | -0.5 | 5 | 10.8 |
| YoY Gr. | - | -225% | NA | NA | -25% | -225% | NA | NA | NA | NA | - |
| BVPS (₹) ⓘ | 14.6 | 14.4 | 14.1 | 14.2 | 14.4 | 14.2 | 13.8 | 13.2 | 12.8 | 301.8 | 295.4 |
| Adj Net Profit ⓘ | 0.1 | -0.1 | -0.1 | 0.1 | 0.1 | -0.1 | -0.2 | -0.2 | -0.2 | 2.1 | 5 |
| Cash Flow from Ops. ⓘ | -0.2 | -0.2 | -0.1 | -0.1 | -0.1 | -0.4 | 0 | -0.2 | -0.4 | -0.3 | - |
| Debt/CF from Ops. ⓘ | 0 | 0 | -0.5 | 0 | 0 | -0.4 | -0.5 | -1 | 0 | 0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 25.5% | 76.2% | -7.4% | 400% | ||||
| Adj EPS ⓘ | 51.5% | 111.1% | NA | NA | ||||
| BVPSⓘ | 40.1% | 83.9% | 179.6% | 2266.7% | ||||
| Share Price | 31.1% | 71.7% | 103.5% | 303.5% | ||||
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 % ⓘ | 0.8 | -1 | -2.3 | 1.1 | 0.8 | -1.1 | -2.8 | -4.2 | -4 | 3.2 | 3.6 |
| Op. Profit Mgn % ⓘ | -53.6 | -32.5 | -29.2 | -14.9 | -145.9 | -52.6 | -6.6 | -47.9 | -46.8 | -6.3 | -2.7 |
| Net Profit Mgn % ⓘ | 22.9 | -15.7 | -27.9 | 8.4 | 48.4 | -16.1 | -7.8 | -58.1 | -64.1 | 124.8 | 141.1 |
| Debt to Equity ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Cap Days ⓘ | 1,392 | 869 | 744 | 333 | 1,778 | 514 | 85 | 377 | 571 | 134 | 145 |
| Cash Conv. Cycle ⓘ | -11 | -9 | 33 | 22 | 181 | 61 | 12 | 0 | 104 | 49 | 144 |
Return on Equity has increased versus last 3 years average to 3.60%
Sales growth is good in last 4 quarters at 143.36%
Sales growth has been subdued in last 3 years -7.39%
Net Profit has been subdued in last 3 years 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 10.8 | 0.3 |
| TTM Sales (₹ Cr.) | 3.2 | 0 |
| BVPS (₹.) ⓘ | 295.4 | 0 |
| Reserves (₹ Cr.) ⓘ | 120 | -1 |
| P/BV ⓘ | 0.78 | 0.00 |
| PE ⓘ | 21.28 | 754.50 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 57.52 / 324.90 |
| All Time Low / High (₹) | 1.20 / 324.90 |
| Market Cap (₹ Cr.) | 96.4 |
| Equity (₹ Cr.) | 4.2 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 69 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.22 | 0.40 | 0.50 | 0.80 | 0.10 | 0.40 | 2.14 | 0.41 | 0.34 | 1.70 |
| Operating Expenses ⓘ | 0.33 | 0.53 | 0.65 | 0.92 | 0.25 | 0.62 | 2.28 | 0.61 | 0.50 | 1.82 |
| Manufacturing Costs | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Material Costs | 0.21 | 0.40 | 0.50 | 0.80 | 0.10 | 0.39 | 2.10 | 0.40 | 0.34 | 1.67 |
| Employee Cost | 0.02 | 0.03 | 0.04 | 0.02 | 0.03 | 0.05 | 0.05 | 0.04 | 0.04 | 0.03 |
| Other Costs ⓘ | 0.08 | 0.08 | 0.09 | 0.08 | 0.10 | 0.15 | 0.10 | 0.14 | 0.11 | 0.11 |
| Operating Profit ⓘ | -0.12 | -0.13 | -0.15 | -0.12 | -0.15 | -0.21 | -0.14 | -0.20 | -0.16 | -0.12 |
| Operating Profit Margin (%) | -53.6% | -32.5% | -29.2% | -14.9% | -145.0% | -52.6% | -6.6% | -47.9% | -46.8% | -7.3% |
| Other Income ⓘ | 0.29 | 0.17 | 0.10 | 0.30 | 0.28 | 0.23 | 0.05 | 0.03 | 0.03 | 1.66 |
| Interest ⓘ | 0 | 0 | 0 | 0.01 | 0 | 0 | 0.01 | 0.01 | 0.01 | 0 |
| Depreciation ⓘ | 0.15 | 0.11 | 0.09 | 0.09 | 0.09 | 0.09 | 0.07 | 0.07 | 0.06 | 0.02 |
| Exceptional Items ⓘ | -0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.02 |
| Profit Before Tax ⓘ | 0.01 | -0.06 | -0.14 | 0.08 | 0.04 | -0.07 | -0.17 | -0.24 | -0.20 | 3.53 |
| Tax ⓘ | -0.03 | 0 | 0 | 0.02 | -0.01 | -0.01 | 0 | 0 | 0.01 | 0.02 |
| Profit After Tax | 0.04 | -0.06 | -0.14 | 0.07 | 0.05 | -0.06 | -0.17 | -0.24 | -0.21 | 3.52 |
| PAT Margin (%) | 16.7% | -15.7% | -27.8% | 8.4% | 48.4% | -16.1% | -7.8% | -58.1% | -60.8% | 207.4% |
| Adjusted EPS (₹) | 0.1 | -0.2 | -0.3 | 0.2 | 0.1 | -0.2 | -0.4 | -0.6 | -0.5 | 8.4 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 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 | 6.15 | 6.09 | 5.95 | 6.01 | 6.06 | 6 | 5.83 | 5.59 | 5.39 | 126.89 |
| Share Capital ⓘ | 4.23 | 4.23 | 4.23 | 4.23 | 4.23 | 4.23 | 4.23 | 4.23 | 4.23 | 4.23 |
| Reserves ⓘ | 1.92 | 1.86 | 1.72 | 1.78 | 1.83 | 1.77 | 1.60 | 1.36 | 1.16 | 122.65 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 0 | 0 | 0.07 | 0 | 0 | 0.17 | 0.02 | 0.20 | 0 | 0 |
| Long Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short Term Debt | 0 | 0 | 0.07 | 0 | 0 | 0.17 | 0.02 | 0.20 | 0 | 0 |
| Trade Payables | 0.01 | 0.01 | 0.18 | 0.01 | 0.13 | 0.01 | 0 | 0 | 0 | 0 |
| Others Liabilities ⓘ | 0 | 0 | 0.12 | 0.12 | 0.12 | 0.03 | 0.01 | 0.02 | 0.01 | 34.72 |
| Total Liabilities ⓘ | 6.16 | 6.10 | 6.32 | 6.14 | 6.32 | 6.20 | 5.86 | 5.81 | 5.40 | 161.60 |
Fixed Assets | ||||||||||
| Gross Block | 2.59 | 2.59 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.24 | 0.05 |
| Accumulated Depreciation | 0.37 | 0.47 | 0.17 | 0.20 | 0.23 | 0.26 | 0.27 | 0.28 | 0.22 | 0.05 |
| Net Fixed Assetsⓘ | 2.23 | 2.12 | 0.15 | 0.12 | 0.09 | 0.06 | 0.04 | 0.03 | 0.02 | 0 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 2.93 | 2.93 | 4.72 | 4.97 | 4.91 | 4.86 | 3.23 | 3.23 | 3.23 | 158.05 |
| Inventories | 0 | 0 | 0 | 0 | 0.12 | 0 | 0 | 0 | 0 | 0 |
| Trade Receivables | 0 | 0 | 0.23 | 0.02 | 0 | 0.14 | 0 | 0 | 0.19 | 0.26 |
| Cash Equivalents | 0.11 | 0.04 | 0.41 | 0.63 | 0.76 | 0.71 | 0.60 | 0.60 | 0.05 | 2.93 |
| Others Assetsⓘ | 0.89 | 1.01 | 0.80 | 0.40 | 0.44 | 0.44 | 1.98 | 1.94 | 1.89 | 0.35 |
| Total Assets ⓘ | 6.16 | 6.10 | 6.32 | 6.14 | 6.32 | 6.20 | 5.86 | 5.81 | 5.40 | 161.60 |
| 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 ⓘ | -0.15 | -0.15 | -0.14 | -0.14 | -0.12 | -0.43 | -0.04 | -0.20 | -0.38 | -0.33 |
| PBT ⓘ | 0.01 | -0.06 | -0.14 | 0.08 | 0.04 | -0.07 | -0.17 | -0.24 | -0.20 | 3.53 |
| Adjustment ⓘ | -0.12 | -0.06 | -0.01 | -0.20 | -0.18 | -0.14 | 0.02 | 0.04 | 0.04 | -3.57 |
| Changes in Working Capital ⓘ | -0.03 | -0.02 | 0.01 | -0.03 | 0.02 | -0.22 | 0.1 | -0.01 | -0.21 | -0.1 |
| Tax Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.01 | -0.20 |
| Cash Flow From Investing Activity ⓘ | 0.16 | 0.08 | 0.51 | 0.37 | 0.25 | 0.22 | 0.09 | 0.03 | 0.04 | 3.20 |
| Capex | 0.02 | 0 | 0.09 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 |
| Net Investments | 0 | 0 | 0 | -0.30 | 0 | 0 | 0 | 0 | 0 | 1.96 |
| Others ⓘ | 0.14 | 0.08 | 0.42 | 0.67 | 0.25 | 0.22 | 0.09 | 0.03 | 0.02 | 1.24 |
| Cash Flow From Financing Activityⓘ | 0 | 0 | 0 | -0.01 | 0 | 0.17 | -0.15 | 0.17 | -0.21 | 0 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | 0 | 0 | 0 | -0.01 | 0 | 0 | -0.01 | -0.01 | -0.01 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0.17 | -0.15 | 0.18 | -0.20 | 0 |
| Net Cash Flow ⓘ | 0.01 | -0.07 | 0.37 | 0.21 | 0.13 | -0.05 | -0.11 | 0 | -0.55 | 2.88 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 0.59 | -1.02 | -2.33 | 1.12 | 0.81 | -1.08 | -2.84 | -4.19 | -3.79 | 5.32 |
| ROCE (%) | 0.15 | -1.05 | -2.29 | 1.53 | 0.68 | -1.16 | -2.61 | -3.94 | -3.36 | 5.34 |
| Asset Turnover Ratio | 0.04 | 0.06 | 0.08 | 0.13 | 0.02 | 0.06 | 0.35 | 0.07 | 0.06 | 0.02 |
| PAT to CFO Conversion(x) | -3.75 | N/A | N/A | -2 | -2.4 | N/A | N/A | N/A | N/A | -0.09 | Working Capital Days |
| Receivable Days | 0 | 0 | 171 | 58 | 0 | 128 | 0 | 0 | 104 | 49 |
| Inventory Days | 0 | 0 | 0 | 0 | 425 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 21 | 12 | 71 | 43 | 249 | 64 | 0 | 0 | 0 | 0 |
Omnitex Industries India was incorporated on January 30, 1987 in the state of Maharashtra with the main object of manufacturing Textured/Twisted Polyester Filament Yarn. The company has been promoted by a team of entrepreneurs having good experience in the textile industry. The Chief Promoters of the Company are Ashok M Bhawnani, and R K Shriya.
From a small beginning in 1987-88, when the company achieved the turnover of just over Rs. 3 crore, the company is hopeful of achieving its expected sales of over Rs.50 crore for the year ending 2001.
It would not be out of place to mention that knitted fabrics and garments have contributed towards its export turnover and bottom line and it is here that the company intends to further strengthen its efforts.
The company’s factories are located at Silvassa and Daman, both near Vapi. Commercial production began in December 1987, and both the factories are currently operational at optimal levels.
The company came with an IPO in November 1993, with its shares currently listed on all the major stock exchanges of India.
Product range of the company includes:
Current Buyer Countries include: USA, Canada, Germany, France, Portugal, Belgium, Japan, Sri Lanka, Peru, Nigeria, Italy, Spain, Turkey and Kenya.
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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