Deepak Spinners Ltd - Stock Valuation and Financial Performance

BSE: 514030 | NSE: DEEPAKSPIN | Textile - Spinning | Small Cap

Deepak Spinners Share Price

133 3.65 2.82%
as on 02-Apr'25 12:37

DeciZen - make an informed investing decision on Deepak Spinners

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Is Deepak Spinners Ltd an attractive stock to invest in?

1. Is Deepak Spinners Ltd a good quality company?

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

2. Is Deepak Spinners Ltd undervalued or overvalued?

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

3. Is Deepak Spinners Ltd a good buy now?

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

10 Year X-Ray of Deepak Spinners:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Deepak Spinners Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE %
11.9%14.3%9.1%7.8%12.5%9.2%12.5%24.9%21.5%2.1%-
Value Creation
Index
-0.20.0-0.4-0.5-0.1-0.3-0.10.80.5-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales
435401411439475461397532561471511
Sales YoY Gr.
--7.8%2.5%6.9%8%-3%-13.9%34%5.6%-16.1%-
Adj EPS
13.221.810.67.61620.621.653.855.41.5-17.4
YoY Gr.
-65.2%-51.4%-28.7%111%29.1%5%148.9%3%-97.4%-
BVPS (₹)
126.8146.2154.8163.1182.4199.5221.2274327.6327.5314.7
Adj Net
Profit
9.515.77.65.411.514.815.538.739.91.1-12
Cash Flow from Ops.
37.444.621.440.229.14438.838.841.726.9-
Debt/CF from Ops.
3.23.473.23.91.91.41.21.21.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.9%-0.2%5.9%-16.1%
Adj EPS -21.7%-38%-59.3%-97.4%
BVPS11.1%12.4%14%-0.1%
Share Price 12% 10.4% -22.2% -42.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
10.91674.89.210.810.321.718.40.5-5.4
Op. Profit
Mgn %
8.110.69.37.48.47.510.513.112.64.31
Net Profit
Mgn %
2.23.91.91.22.43.23.97.37.10.2-2.4
Debt to
Equity
1.31.41.41.10.90.60.30.20.20.2-
Working Cap
Days
89911001051051071099010312859
Cash Conv.
Cycle
6168757265647058647720

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years 5.90%

Net Profit has been subdued in last 3 years -59.28%

Sales growth is not so good in last 4 quarters at 9.05%

Latest Financials - Deepak Spinners Ltd.

Standalone Consolidated
TTM EPS (₹) -17.4 13.6
TTM Sales (₹ Cr.) 511 297
BVPS (₹.) 314.7 0
Reserves (₹ Cr.) 218 58
P/BV 0.41 0.00
PE 0.00 9.50
From the Market
52 Week Low / High (₹) 121.05 / 248.00
All Time Low / High (₹) 4.00 / 464.85
Market Cap (₹ Cr.) 92.7
Equity (₹ Cr.) 7.2
Face Value (₹) 10
Industry PE 20.8

Quarterly Results

 Mar'24 YoY Gr. Rt. %Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %
Sales (₹ Cr.) 15,847 27.217,294 13.715,698 -0.315,391 5.1
Adj EPS (₹) 2.7 11.93 20.23.2 17.23.2 8.4
Op. Profit Mgn % 17.30 -60 bps17.94 -3 bps20.99 323 bps20.01 222 bps
Net Profit Mgn % 4.43 -167 bps5.20 109 bps6.09 122 bps6.51 93 bps

Management X-Ray of Deepak Spinners:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:45.95%Institutions:0.01%Non-Institutions:54.04%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Sep22Dec22Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec240%10%20%30%40%50%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Deepak Spinners

MRP
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MOS
spaceLock icon%
DP
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Base EPS
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DPS
spaceLock icon
MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max

Event Update

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Analyst's Notes

No data found!

Key Ratios of Deepak Spinners

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Company Name CMP(₹)
Change ₹(%)
Market Cap
Net Sales (₹ Cr.)
Latest EPS (₹)
Net Profit Margin %
Latest P/E
Latest P/BV
Trident 25.3 -0 (-0.1%) Small Cap 6,730 0.6 5.2 43.1 3
Filatex India 38.2 0.7 (1.7%) Small Cap 4,286 2.9 2.5 13 1.3
Nahar Spinning Mills 214.9 3.6 (1.7%) Small Cap 3,050 -2.9 -1.2 - 0.5
Sanathan Textiles 361.3 -3.9 (-1.1%) Small Cap 2,957 16.7 4.5 21.8 1.6
Nitin Spinners 332.5 3 (0.9%) Small Cap 2,906 29.9 4.5 11 1.5
Sutlej Textiles&Inds 37.1 1.6 (4.6%) Small Cap 2,703 -5 -4.9 - 0.6
Nahar Ind.Enterprise 94.1 2.3 (2.5%) Small Cap 1,472 4.9 0.5 18.9 0.4
GHCL Textiles 73.9 -1.4 (-1.9%) Small Cap 1,054 5.4 2.1 13.9 0.5
Sumeet Inds 4.8 0 (0%) Small Cap 985 -98.3 -6 - -0.5
Precot - 0 (0%) Small Cap 978 34.4 1 12.9 1.3
Shows rows:

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales434.57400.90410.99439.45474.69460.68396.57531.54561.36470.98
Operating Expenses 399.18358.48372.86407.15434.94426.09354.84462.12491.03451.11
Manufacturing Costs56.9658.4060.8464.1468.5967.2758.7575.5882.6477.32
Material Costs292.39246.40252.16279.54294.52286.05226.01294.98307.43272.89
Employee Cost 37.0741.1143.8847.8952.4655.9253.1263.3872.3672.72
Other Costs 12.7612.5715.9815.5919.3716.8416.9628.1928.5928.18
Operating Profit 35.3942.4238.1432.3039.7434.5941.7369.4270.3419.87
Operating Profit Margin (%) 8.1%10.6%9.3%7.3%8.4%7.5%10.5%13.1%12.5%4.2%
Other Income 6.274.573.893.803.973.301.863.232.582.80
Interest 16.0111.8114.9512.9710.429.396.294.382.883.92
Depreciation 14.1213.5416.2516.4516.0116.0916.0515.6816.0116.70
Exceptional Items -1.870-2.2202.9600000
Profit Before Tax 9.6721.658.616.6820.2512.4121.2552.5954.022.05
Tax 0.745.972.350.976.51-2.475.5613.3013.930.75
Profit After Tax 8.9215.686.265.7013.7314.8915.6939.2940.091.30
PAT Margin (%) 2.1%3.9%1.5%1.3%2.9%3.2%4.0%7.4%7.1%0.3%
Adjusted EPS (₹)12.421.88.77.919.120.721.854.655.81.8
Dividend Payout Ratio (%)0%9%0%0%8%7%9%5%4%28%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 91.19105.14111.29117.30131.13143.46159.02196.98235.55235.45
Share Capital 7.207.207.207.207.207.197.197.197.197.19
Reserves 83.9997.94104.09110.10123.93136.27151.83189.79228.36228.26
Minority Interest0000000000
Debt106.22137.08133.03109.2992.3175.4845.3541.9443.0242.93
Long Term Debt65.7995.7978.9461.8038.2324.8914.578.913.620
Short Term Debt40.4341.3054.0947.4954.0750.5930.7933.0339.4042.93
Trade Payables7.088.6015.7926.5430.3124.3014.1118.3424.0532.92
Others Liabilities 49.9757.8361.7266.2368.1052.4849.8747.2346.0941.71
Total Liabilities 254.46308.65321.83319.36321.84295.71268.35304.49348.71353.01

Fixed Assets

Gross Block266.80326.87213.41220.67225.37231.73230.93239.84282.14297.81
Accumulated Depreciation112.07123.6316.2532.7048.7163.8478.0989.40102.48120.23
Net Fixed Assets154.73203.24197.16187.97176.66167.90152.84150.44179.65177.57
CWIP 1.282.240.690.280.790.783.160.743.708.59
Investments 00000000.020.020.02
Inventories50.5859.6769.3472.4381.9075.0758.9781.1898.38101.59
Trade Receivables30.3626.3339.2836.6636.8128.5333.9933.1429.6727.73
Cash Equivalents 0.291.980.640.901.210.760.980.680.920.56
Others Assets17.2415.1914.7321.1224.4722.6818.4138.2936.3636.94
Total Assets 254.46308.65321.83319.36321.84295.71268.35304.49348.71353.01

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 37.3844.5921.3840.1829.1243.9638.7738.8341.7326.91
PBT 9.6721.658.616.6820.2512.4121.2552.5954.022.05
Adjustment 27.4522.4528.7127.4627.0123.6321.5619.9717.1720.87
Changes in Working Capital 5.254.57-13.647.18-10.5513.672.06-18.78-15.576.4
Tax Paid -4.98-4.07-2.31-1.14-7.58-5.74-6.10-14.95-13.90-2.41
Cash Flow From Investing Activity -3.65-59.34-6.43-4.71-3.65-3.28-1.97-26.18-37.47-15.90
Capex -8.20-62.14-8.92-6.68-5.50-5.46-2.97-27.29-38.70-17.34
Net Investments 0-0.0100-0.080-0.01-0.130.170.02
Others 4.552.812.491.971.932.191.011.231.061.42
Cash Flow From Financing Activity -33.6615.96-15.91-35.21-25.24-41.33-36.55-13.15-3.97-11.28
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -8.180-13.77-15.10-21.40-25.36-10.09-9.35-5.64-8.91
Interest Paid -16.74-12.07-14.94-13.51-10.42-9.63-6.33-4.47-2.74-3.81
Dividend Paid 0-1.44000-2.600-1.44-1.80-1.80
Others -8.7529.4612.80-6.606.58-3.74-20.122.116.203.24
Net Cash Flow 0.071.21-0.960.250.24-0.640.24-0.500.29-0.27
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)10.2915.985.794.9911.0610.8410.3722.0718.540.55
ROCE (%)11.8714.299.117.7612.529.2312.4724.8621.542.12
Asset Turnover Ratio1.641.421.31.371.481.491.411.871.731.35
PAT to CFO Conversion(x)4.192.843.427.052.122.952.470.991.0420.7
Working Capital Days
Receivable Days29262932282629232022
Inventory Days45505759596261485877
Payable Days17121828353531202538

Deepak Spinners Ltd Stock News

Deepak Spinners Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Deepak Spinners on 02-Apr-2025 12:37 is ₹133.0.
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 02-Apr-2025 12:37 the market cap of Deepak Spinners stood at ₹92.69.
The latest P/E ratio of Deepak Spinners as of 02-Apr-2025 12:37 is 0.00.
The latest P/B ratio of Deepak Spinners as of 02-Apr-2025 12:37 is 0.41.
The 52-week high of Deepak Spinners is ₹248.0 and the 52-week low is ₹121.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Deepak Spinners is ₹511.2 ( Cr.) .

About Deepak Spinners Ltd

Deepak Spinners Limited was incorporated in the year of 1982. The registered office of the company is located at Himachal Pradesh.

Deepak Spinners is one of the major exporters of blended yarn. It has its plants at Solan and Guna in Madhya Pradesh. The company has installed balancing equipment such as dyeing machine, cards, draw frames and speed frames to provide greater flexibility in product mix and also for optimum utilization of the existing facilities.

The group exports its products to the United Kingdom, Italy, Spain, Switzerland, Poland, Belgium, Turkey, Greece, Chile, Egypt, Jordan, Syria, Russia and Bangladesh.

The main area of the business:

The company manufactures synthetic blended yarns, both grey and dyed, made of polyester, viscose, acrylic, and other man-made files. Its products include polyester and viscose yarn, acrylic yarn, acrylic polyester blends and acrylic viscose blends.

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