BSE: 521014 | NSE: EUROTEXIND | Textile - Spinning | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Eurotex Industries And Exports Ltd is a below average quality company.
The key valuation ratios of Eurotex Industries And Exports Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Eurotex Industries And Exports 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 % ⓘ | 5.2% | 2.1% | -4% | -7.4% | -12.8% | -37.8% | -32.3% | -37.4% | -3.3% | -29.7% | - |
| Value Creation Index ⓘ | -0.6 | -0.9 | -1.3 | -1.5 | -1.9 | -3.7 | NA | NA | NA | NA | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 281 | 234 | 189 | 252 | 197 | 42.1 | 23.6 | 2.3 | 5.7 | 0.6 | 1 |
| Sales YoY Gr. | - | -16.6% | -19.4% | 33.6% | -21.9% | -78.6% | -43.8% | -90.5% | 154.2% | -89% | - |
| Adj EPS ⓘ | -3.4 | -5.7 | -13.3 | -16.1 | -19.3 | -25.9 | -20.7 | -14.3 | -3.4 | -8.2 | -6.3 |
| YoY Gr. | - | NA | NA | NA | NA | NA | NA | NA | NA | NA | - |
| BVPS (₹) ⓘ | 72.8 | 66.7 | 63.3 | 46.8 | 26.8 | 4.1 | -8.8 | -19.7 | -23.2 | -31.1 | -34.1 |
| Adj Net Profit ⓘ | -3 | -5 | -11.7 | -14.1 | -16.9 | -22.7 | -18.1 | -12.5 | -3 | -7.2 | -6 |
| Cash Flow from Ops. ⓘ | 17.3 | 23.8 | -1.3 | 0.4 | 23.4 | -6.4 | -16.9 | -7.5 | 1.1 | -0.7 | - |
| Debt/CF from Ops. ⓘ | 3.4 | 1.8 | -35 | 143.4 | 1.5 | -4.5 | -1.7 | -5.1 | 35.8 | -54.6 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -49.2% | -68.3% | -70.1% | -89% | ||||
| Adj EPS ⓘ | NA | NA | NA | NA | ||||
| BVPSⓘ | -191% | -203% | NA | NA | ||||
| Share Price | -2.9% | 6.8% | 8.1% | 25.3% | ||||
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 % ⓘ | -4.5 | -8.1 | -20.3 | -28.9 | -51.5 | -159.7 | 1342.7 | 106.4 | 16.4 | 31.1 | 19.5 |
| Op. Profit Mgn % ⓘ | 3.8 | 2.4 | -0.8 | -1.8 | -3.7 | -49.4 | -68.3 | -322.6 | 4 | -588.9 | -159 |
| Net Profit Mgn % ⓘ | -1.1 | -2.1 | -6.2 | -5.6 | -8.6 | -53.9 | -76.5 | -554.3 | -51.8 | -1126.2 | -433.4 |
| Debt to Equity ⓘ | 0.9 | 0.7 | 0.8 | 1.3 | 1.5 | 8.1 | -3.8 | -2.2 | -1.9 | -1.4 | - |
| Working Cap Days ⓘ | 133 | 126 | 161 | 128 | 117 | 276 | 228 | 1,256 | 450 | 4,193 | 1,885 |
| Cash Conv. Cycle ⓘ | 64 | 61 | 74 | 54 | 49 | 98 | -7 | -148 | -247 | 776 | -15,108 |
No data to display
Return on Equity has declined versus last 3 years average to 19.50%
Sales growth has been subdued in last 3 years -70.13%
Sales growth is not so good in last 4 quarters at -22.24%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -6.3 | - |
| TTM Sales (₹ Cr.) | 1.3 | - |
| BVPS (₹.) ⓘ | -34.1 | - |
| Reserves (₹ Cr.) ⓘ | -39 | - |
| P/BV ⓘ | -0.48 | - |
| PE ⓘ | 0.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 11.24 / 20.80 |
| All Time Low / High (₹) | 3.85 / 275.00 |
| Market Cap (₹ Cr.) | 14.3 |
| Equity (₹ Cr.) | 8.8 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 28.5 |
| 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 | 280.57 | 233.92 | 188.63 | 252.05 | 196.75 | 42.06 | 23.64 | 2.25 | 5.72 | 0.63 |
| Operating Expenses ⓘ | 270.37 | 228.76 | 190.12 | 256.70 | 204.17 | 62.94 | 39.79 | 9.52 | 5.49 | 4.37 |
| Manufacturing Costs | 36.01 | 31.51 | 19.99 | 31.72 | 23.57 | 1.53 | 0.76 | 0.81 | 0.74 | 0.65 |
| Material Costs | 189.55 | 156.68 | 140.22 | 187.16 | 144.88 | 37.44 | 20.08 | 1.89 | 0.24 | 0.02 |
| Employee Cost | 25.42 | 24.20 | 17.18 | 23.51 | 20.41 | 18.27 | 14.70 | 4.73 | 2.63 | 2.18 |
| Other Costs ⓘ | 19.39 | 16.37 | 12.73 | 14.31 | 15.31 | 5.71 | 4.25 | 2.08 | 1.88 | 1.52 |
| Operating Profit ⓘ | 10.20 | 5.16 | -1.49 | -4.65 | -7.42 | -20.89 | -16.14 | -7.26 | 0.23 | -3.74 |
| Operating Profit Margin (%) | 3.6% | 2.2% | -0.8% | -1.8% | -3.8% | -49.7% | -68.3% | -322.0% | 4.0% | -588.0% |
| Other Income ⓘ | 1.08 | 1.67 | 1.61 | 1.45 | 1.70 | 7.64 | 11.07 | 2.61 | 2.29 | 2.34 |
| Interest ⓘ | 10.03 | 8.10 | 7.93 | 8.10 | 7.66 | 4.84 | 3.32 | 2.71 | 2.70 | 2.67 |
| Depreciation ⓘ | 4.62 | 4.45 | 4.20 | 3.98 | 3.91 | 3.71 | 3.66 | 3.30 | 3.16 | 2.85 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -3.37 | -5.72 | -12.01 | -15.28 | -17.29 | -21.80 | -12.05 | -10.67 | -3.34 | -6.93 |
| Tax ⓘ | -0.14 | -0.33 | -0.33 | -1.11 | -0.21 | -3.04 | -0.32 | 1.03 | -0.78 | -0.39 |
| Profit After Tax | -3.23 | -5.38 | -11.68 | -14.17 | -17.07 | -18.76 | -11.73 | -11.70 | -2.57 | -6.53 |
| PAT Margin (%) | -1.1% | -2.3% | -6.2% | -5.6% | -8.7% | -44.6% | -49.6% | -519.0% | -44.9% | -1,029.8% |
| Adjusted EPS (₹) | -3.7 | -6.2 | -13.4 | -16.2 | -19.5 | -21.5 | -13.4 | -13.4 | -2.9 | -7.5 |
| 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 | 64.39 | 59.01 | 56.08 | 41.60 | 24.12 | 4.28 | -6.97 | -16.49 | -19.56 | -26.46 |
| Share Capital ⓘ | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 |
| Reserves ⓘ | 55.65 | 50.27 | 47.34 | 32.86 | 15.38 | -4.46 | -15.71 | -25.23 | -28.30 | -35.20 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 51.66 | 37.48 | 45.75 | 51.78 | 33.32 | 28.36 | 29.36 | 38.08 | 38.08 | 38.01 |
| Long Term Debt | 7.07 | 2.75 | 6.98 | 6.20 | 5.47 | 5.03 | 5.03 | 5.03 | 5.03 | 5 |
| Short Term Debt | 44.58 | 34.73 | 38.77 | 45.59 | 27.85 | 23.33 | 24.33 | 33.05 | 33.05 | 33.01 |
| Trade Payables | 25.45 | 19.52 | 34.15 | 30.50 | 19.04 | 9.54 | 11.69 | 8.66 | 3.69 | 3.29 |
| Others Liabilities ⓘ | 25.29 | 29.72 | 38.14 | 35.25 | 36.44 | 31.17 | 16.62 | 18.07 | 21.59 | 23.08 |
| Total Liabilities ⓘ | 166.79 | 145.73 | 174.12 | 159.13 | 112.92 | 73.35 | 50.70 | 48.32 | 43.81 | 37.92 |
Fixed Assets | ||||||||||
| Gross Block | 226.33 | 227.01 | 69.60 | 65.29 | 65.38 | 58.60 | 49.91 | 49.66 | 49.55 | 46.64 |
| Accumulated Depreciation | 153.27 | 157.72 | 4.20 | 3.98 | 7.89 | 7.62 | 10.34 | 13.57 | 16.67 | 19.36 |
| Net Fixed Assetsⓘ | 73.07 | 69.29 | 65.40 | 61.31 | 57.49 | 50.98 | 39.57 | 36.09 | 32.87 | 27.27 |
| CWIP ⓘ | 0.05 | 0.05 | 0.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 3.18 | 3.18 | 13.83 | 13.22 | 12.50 | 1.10 | 1.94 | 4.81 | 3.27 | 2.86 |
| Inventories | 61.01 | 43.54 | 61.86 | 54.85 | 33.02 | 10.01 | 1.89 | 0.74 | 1.75 | 1.51 |
| Trade Receivables | 11.71 | 9.08 | 12.95 | 10.82 | 1.66 | 1.96 | 0.06 | 0 | 0.10 | 0.10 |
| Cash Equivalents | 1.37 | 1 | 0.83 | 1.43 | 0.17 | 0.51 | 0.38 | 0.73 | 0.24 | 0.62 |
| Others Assetsⓘ | 16.40 | 19.59 | 19.20 | 17.50 | 8.09 | 8.79 | 6.86 | 5.94 | 5.57 | 5.55 |
| Total Assets ⓘ | 166.79 | 145.73 | 174.12 | 159.13 | 112.92 | 73.35 | 50.70 | 48.32 | 43.81 | 37.92 |
| 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 ⓘ | 17.34 | 23.75 | -1.33 | 0.37 | 23.40 | -6.41 | -16.88 | -7.47 | 1.06 | -0.70 |
| PBT ⓘ | -3.37 | -5.72 | -12.01 | -15.28 | -17.29 | -21.80 | -12.05 | -10.67 | -3.34 | -6.93 |
| Adjustment ⓘ | 13.20 | 10.49 | 10.29 | 10.77 | 10.10 | 0.19 | -2.91 | 3.79 | 6.18 | 4.28 |
| Changes in Working Capital ⓘ | 12.38 | 18.93 | 0.44 | 4.93 | 30.73 | 15.23 | -1.67 | -0.67 | -2 | 1.91 |
| Tax Paid ⓘ | -4.88 | 0.05 | -0.04 | -0.05 | -0.14 | -0.03 | -0.25 | 0.08 | 0.23 | 0.05 |
| Cash Flow From Investing Activity ⓘ | -1.81 | 0.65 | 0.56 | 0.94 | 0.77 | 16.25 | 19.03 | 1.40 | 0.81 | 3.67 |
| Capex | -2.62 | -0.68 | -0.31 | 0.16 | -0.09 | 6.34 | 18.99 | 1.29 | 0.63 | 3.62 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 9.79 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0.81 | 1.32 | 0.87 | 0.79 | 0.86 | 0.12 | 0.05 | 0.11 | 0.19 | 0.05 |
| Cash Flow From Financing Activityⓘ | -15.51 | -24.31 | 1.29 | -0.90 | -25.25 | -9.50 | -2.38 | 6.42 | -2.40 | -2.44 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -7.28 | -7.10 | -0.78 | -0.78 | -0.72 | -0.72 | -0.44 | 0 | 0 | -0.03 |
| Interest Paid ⓘ | -9.50 | -7.36 | -6.97 | -6.94 | -6.79 | -4.26 | -2.94 | -2.30 | -2.40 | -2.37 |
| Dividend Paid ⓘ | -0.50 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 1.77 | -9.85 | 9.04 | 6.82 | -17.74 | -4.52 | 1 | 8.72 | 0 | -0.04 |
| Net Cash Flow ⓘ | 0.02 | 0.09 | 0.52 | 0.41 | -1.08 | 0.34 | -0.23 | 0.35 | -0.52 | 0.54 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -4.88 | -8.83 | -20.56 | -29.45 | -53.13 | -139.18 | N/A | N/A | N/A | N/A |
| ROCE (%) | 5.22 | 2.14 | -4.04 | -7.35 | -12.76 | -37.78 | N/A | N/A | N/A | N/A |
| Asset Turnover Ratio | 1.55 | 1.5 | 1.18 | 1.51 | 1.45 | 0.45 | 0.38 | 0.05 | 0.12 | 0.02 |
| PAT to CFO Conversion(x) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Working Capital Days |
| Receivable Days | 18 | 16 | 21 | 17 | 12 | 16 | 16 | 5 | 3 | 57 |
| Inventory Days | 88 | 82 | 102 | 85 | 82 | 187 | 92 | 213 | 79 | 938 |
| Payable Days | 58 | 52 | 70 | 63 | 62 | 139 | 193 | 1,962 | 9,425 | 0 |
Eurotex Industries and Exports, incorporated in 1989, is a Patodia Group company engaged in export of 100% cotton yarn in single and 2-ply. It’s double yarns, Including knotless, are twisted on Volkmann TFO Twisters
The company is the manufacturer of knitted fabrics in various structures such as single jersey, interlock, rib, etc and a wide range of knitted garments including baby bodies and pyjamas, kids and teen wear, polo pique and round neck T-shirts.
The company is one of the largest exporters of 100% cotton yarn from India. Its exports exceed 24000 tonnes, to a clientele spread worldwide. It is the first 100% export oriented spinning unit in India’s private sector.
The company spin yarn between counts Ne 20’s combed and Ne 120’s combed, both in single and 2-ply. All yarns are wound on the latest Schlafhorst 338 & Murata Autoconers. It produces high RKM yarns for high speed looms. Our double yarns, including knotless, are twisted on Volkmann TFO twisters. Its gassed yarns are singed on the latest Swiss Mettler machines.
The company has installed a Suessen Elite compact spinning machine and can offer compact yarn between counts Ne 40's and Ne 100’s. It also have an SSM Precision Dye Package Winder for yarn on soft winding perforated dye packages (both conical 4020 and cylindrical).
The company is the part of the Patodia Group of Industries. The group of national and international fame was founded by Late Shri B L Patodia as early as 1938 and pioneered the business of cotton and art silk yarns in India.
The trade and export activities of the group rose to enormous proportions after World War II. The group's present turnover is in excess of $100 million, and covers almost full range of the activities of textile industry, from raw cotton to ready to wear fashion garments. The group has firm business tie-ups with textile companies all over the world including Japan, Switzerland, UK, Germany, South Korea, Italy and USA. Cotton yarn exports of the group comprise almost 10% of India's yarn exports.
The company’s plant, spread out over a sprawling 18 acres at Kolhapur in Maharashtra, India, is one of the most sophisticated in its class in the world today. The latest machinery and technological know-how was acquired from reputed world leaders in their respective fields and the plant is professionally managed by the best technical team in India today.
Based on its experience and expertise, it confidently offers a high-end textile product, whether it is yarn, fabric or the finished garment.It is one of the largest exporters of 100% cotton yarn from India. Its exports exceed 24000 tonnes, to a clientele spread worldwide and is the first 100% export oriented spinning unit in India's private sector. It had installed a Suessen Elite compact spinning machine. It also has an SSM Precision Dye Package Winder for yarn on soft winding perforated dye packages (both conical 4020 and cylindrical).
Its knitting facility is housed in the same premises as its spinning units. It had installed single jersey, interlock and rib machines manufactured by Mayer & Cie and Terrot.Its ultra-modern garment manufacturing unit is located in New Bombay. With all machinery from Pegasus, Yamato, Juki and Brother, a full-fledged garment testing laboratory, and the latest fusing machines and needle detectors, they distinguish themselves on the basis of strict quality control that offered to customers.
Product range of the company includes:
Awards/Achievements
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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.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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