Pasari Spinning Mills Ltd - Stock Valuation and Financial Performance

BSE: 521080 | NSE: | Textile - Spinning | Small Cap

Pasari Spg Mills Share Price

9.18 -0.43 -4.47%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Pasari Spg Mills

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Pasari Spinning Mills stock performance -

mw4me loader
P/E Ratio (SA):
29.53
Market Cap:
12.7 Cr.
52-wk low:
6
52-wk high:
14.8

Is Pasari Spinning Mills Ltd an attractive stock to invest in?

1. Is Pasari Spinning Mills Ltd a good quality company?

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

2. Is Pasari Spinning Mills Ltd undervalued or overvalued?

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

3. Is Pasari Spinning Mills Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Pasari Spinning Mills 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 Pasari Spg Mills:

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.
Pasari Spinning Mills 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 % 1.6%-2%-13.2%9.7%7.9%7.6%9.5%17.2%-11.4%24.5%-
Value Creation
Index
-0.9-1.1-1.9-0.3-0.4-0.5-0.30.2NA0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 000.30.70.60.60.60.70.70.70
Sales YoY Gr.-NANA112.9%-4.6%0%-6.4%10.2%4.6%0%-
Adj EPS -0.1-0.2-0.70.20.20.20.20.3-0.20.30.3
YoY Gr.-NANANA-9.5%21.1%-30.4%68.8%-174.1%NA-
BVPS (₹) 1.51.20.60.811.2-0.6-0.3-0.5-0.2-0.1
Adj Net
Profit
-0.1-0.3-0.90.30.30.30.20.4-0.30.40
Cash Flow from Ops. 0.30.30.200.60.40.40.60.50.4-
Debt/CF from Ops. 11.914.324.7186.76.398.554.94.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA1.5%4.9%0%
Adj EPS NA10.3%24.7%NA
BVPS-180.9%-173.9%NANA
Share Price 12.2% 58.1% 13.7% 24.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-5.8-17.4-733121.521.153.9-5845.7-82-221.4
Op. Profit
Mgn %
00-198.485.482.880.771.877.6-26.173.7NAN
Net Profit
Mgn %
00-293.144.642.750.837.758-40.263INF
Debt to
Equity
22.45.33.92.92.2-4.2-6.5-3.4-6.7-
Working Cap
Days
001,3024655205055004994584720
Cash Conv.
Cycle
005201326333322150

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 24.67%

Return on Equity is Poor

Sales growth has been subdued in last 3 years 4.85%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Pasari Spinning Mills Ltd.

Standalone Consolidated
TTM EPS (₹) 0.3 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) -0.1 -
Reserves (₹ Cr.) -14 -
P/BV -161.62 -
PE 29.53 -
From the Market
52 Week Low / High (₹) 6.01 / 14.84
All Time Low / High (₹) 0.57 / 38.90
Market Cap (₹ Cr.) 12.7
Equity (₹ Cr.) 13.8
Face Value (₹) 10
Industry PE 29.1

Management X-Ray of Pasari Spg Mills:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Pasari Spg Mills

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales000.310.660.630.630.590.650.680.68
Operating Expenses 0.030.040.930.110.120.190.190.160.860.18
Manufacturing Costs000.82000000.010.02
Material Costs0000000000
Employee Cost 0000000000
Other Costs 0.030.040.110.110.120.190.190.160.850.15
Operating Profit -0.03-0.04-0.620.550.510.440.400.49-0.180.50
Operating Profit Margin (%) ---198.0%82.8%81.4%69.4%68.2%75.3%-27.0%73.7%
Other Income 0.240.0200.060.020.050.060.040.010.01
Interest 0.240.230.220.210.170.140.120.080.050.02
Depreciation 0.110.100.100.100.100.080.080.080.080.08
Exceptional Items 0000000000
Profit Before Tax -0.15-0.35-0.940.300.250.270.270.37-0.290.41
Tax -0.02-0.02-0.02-0.02-0.01-0.010.03-0.02-0.02-0.02
Profit After Tax -0.12-0.33-0.910.320.270.280.230.38-0.270.43
PAT Margin (%) ---292.0%48.0%42.3%44.8%39.8%59.2%-40.7%63.0%
Adjusted EPS (₹)-0.1-0.2-0.70.20.20.20.20.3-0.20.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 2.041.710.801.121.381.66-0.84-0.46-0.73-0.31
Share Capital 13.8013.8013.8013.8013.8013.8013.8013.8013.8013.80
Reserves -11.76-12.09-13-12.68-12.42-12.14-14.64-14.26-14.53-14.11
Minority Interest0000000000
Debt3.723.904.024.193.873.603.342.722.241.98
Long Term Debt3.553.493.543.713.873.603.342.722.241.98
Short Term Debt0.170.400.480.48000000
Trade Payables0.150.0800000000.01
Others Liabilities -3.31-3.24-3.02-3.61-3.45-3.68-0.82-0.80-0.16-0.37
Total Liabilities 2.602.451.791.701.801.581.681.461.351.32

Fixed Assets

Gross Block2.992.990.310.310.310.310.310.310.300.30
Accumulated Depreciation1.861.960.260.280.300.310.310.310.300.30
Net Fixed Assets1.131.030.050.02000000
CWIP 0000000000
Investments 0.020.020.900.810.830.730.680.0200.01
Inventories0.090.0900000000
Trade Receivables0.020.02000.050.050.070.050.060.06
Cash Equivalents 0.010.010.0100.050.030.080.080.090.05
Others Assets1.321.280.830.860.880.780.841.311.201.19
Total Assets 2.602.451.791.701.801.581.681.461.351.32

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0.330.290.170.020.640.420.420.590.510.44
PBT -0.15-0.35-0.940.300.250.270.270.37-0.290.41
Adjustment 0.350.330.340.310.270.260.160.130.130.10
Changes in Working Capital 0.130.310.77-0.590.11-0.12-00.090.68-0.07
Tax Paid 0000000000
Cash Flow From Investing Activity 0000.01-0.11-0.010.010.110.020
Capex 0000000000
Net Investments 0000-0.12-0.0200.100.020
Others 0000.010.010.010.010.0100
Cash Flow From Financing Activity -0.33-0.29-0.17-0.03-0.49-0.42-0.38-0.70-0.53-0.48
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00000-0.27-0.26-0.62-0.48-0.45
Interest Paid -0.24-0.23-0.22-0.20-0.17-0.14-0.12-0.08-0.05-0.02
Dividend Paid 0000000000
Others -0.09-0.060.050.17-0.3200000
Net Cash Flow 00000.04-0.010.0500-0.04
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-5.92-17.41-72.8333.3321.2518.59N/AN/AN/AN/A
ROCE (%)1.55-1.97-13.219.657.867.64N/AN/AN/AN/A
Asset Turnover Ratio000.150.380.360.370.390.410.480.51
PAT to CFO Conversion(x)N/AN/AN/A0.062.371.51.831.55N/A1.02
Working Capital Days
Receivable Days00130262633333033
Inventory Days0000000000
Payable Days0000000000

Pasari Spinning Mills Ltd Stock News

Pasari Spinning Mills Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Pasari Spg Mills on 20-Dec-2024 16:59 is ₹9.18.
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 20-Dec-2024 16:59 the market cap of Pasari Spg Mills stood at ₹12.67.
The latest P/E ratio of Pasari Spg Mills as of 20-Dec-2024 16:59 is 29.53.
The latest P/B ratio of Pasari Spg Mills as of 20-Dec-2024 16:59 is -161.62.
The 52-week high of Pasari Spg Mills is ₹14.84 and the 52-week low is ₹6.01.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Pasari Spg Mills is ₹0.00 ( Cr.) .

About Pasari Spinning Mills Ltd

Pasari Spinning Mills, incorporated in 1991, is a Karnataka based company. It has been promoted by Pasari Exports, a leading export house recognized by the Government of India. The registered office is at 746/10,7th Cross, 12th Main Road, Hanumantha Nagar, Bengaluru-560019.

Business Profile:

The company is engaged in the manufacture and marketing of cotton yarn and trading in silk fabric. The company's cotton yarn manufacturing unit has an installed capacity of 17,472 spindles. The company`s venture into marketing and trading of value-added silk fabric has yielded into an order in April 2007 from Centro Seta, Italy, worth Rs 75 million.

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