Sambandam Spinning Mills Ltd - Stock Valuation and Financial Performance

BSE: 521240 | NSE: SAMBANDAM | Textile - Spinning | Small Cap

Sambandam Spg. Mills Share Price

161.70 -5.50 -3.29%
as on 20-Dec'24 16:59

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Sambandam Spinning Mills stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
69 Cr.
52-wk low:
135
52-wk high:
194

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

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

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

2. Is Sambandam Spinning Mills Ltd undervalued or overvalued?

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

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

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sambandam 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 Sambandam 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.
Sambandam 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 % 12%9.4%13.5%8.5%8.7%6.9%11.7%15.8%-1%1.1%-
Value Creation
Index
-0.2-0.30.0-0.4-0.4-0.5-0.20.1-1.1-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 242205209193210191231355263218257
Sales YoY Gr.--15.2%1.8%-7.7%8.5%-8.7%20.9%53.6%-25.8%-17.2%-
Adj EPS 7.91.117.311.8105.51933.9-27.4-19.7-20.1
YoY Gr.--86.3%1484.4%-31.8%-15.4%-44.9%245.2%78.9%-180.7%NA-
BVPS (₹) 117.3115.1207.6211217.8219.7236.9270.3234.3214.1206
Adj Net
Profit
3.40.57.454.32.38.114.5-11.7-8.4-9
Cash Flow from Ops. 34.99.321.413.712.324.5-0.428.528.725.6-
Debt/CF from Ops. 2.710.53.65.15.93.3-2664.54.54.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -1.2%0.8%-1.9%-17.2%
Adj EPS -210.6%-214.6%-201.2%NA
BVPS6.9%-0.3%-3.3%-8.6%
Share Price 7.8% 22.8% -11.7% -8.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
4.40.68.95.64.72.58.313.4-10.9-8.8-9.6
Op. Profit
Mgn %
11.611.716.813.110.910.514.513.33.53.41.9
Net Profit
Mgn %
1.40.23.52.621.23.54.1-4.4-3.8-3.3
Debt to
Equity
1.920.90.80.80.90.91.11.31.30.5
Working Cap
Days
14516516117817620521316720622187
Cash Conv.
Cycle
5673788090109112951221344

Recent Performance Summary

Sales growth is good in last 4 quarters at 23.33%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -1.91%

Debt to equity has increased versus last 3 years average to 1.28

Latest Financials - Sambandam Spinning Mills Ltd.

Standalone Consolidated
TTM EPS (₹) -20.1 -19.9
TTM Sales (₹ Cr.) 257 257
BVPS (₹.) 206 206.2
Reserves (₹ Cr.) 84 84
P/BV 0.79 0.78
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 135.00 / 194.00
All Time Low / High (₹) 7.60 / 295.00
Market Cap (₹ Cr.) 69
Equity (₹ Cr.) 4.3
Face Value (₹) 10
Industry PE 29.1

Management X-Ray of Sambandam 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 (%)

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Analyst's Notes

Key Ratios of Sambandam 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
Sales242.33205.42209.11193.08209.50191.18231.07354.94263.25218.08
Operating Expenses 214.31181.51174.07167.87186.78171.16197.53307.71254.59210.71
Manufacturing Costs38.0636.1824.1822.5129.5626.5130.1846.8223.5625.16
Material Costs143.98114.83123.07116.15123.60109.05130.93210.95191.87149.16
Employee Cost 24.5823.9622.1723.8728.0330.0229.5140.5130.8229.87
Other Costs 7.706.544.655.345.595.576.919.438.346.53
Operating Profit 28.0223.9135.0325.2122.7220.0233.5447.238.677.37
Operating Profit Margin (%) 11.6%11.6%16.8%13.1%10.8%10.5%14.5%13.3%3.3%3.4%
Other Income 0.870.501.171.661.481.150.430.664.206.28
Interest 12.9512.4712.0810.458.589.0211.1413.0512.7913.63
Depreciation 10.8510.6810.5710.1510.159.3812.4313.3415.1811.24
Exceptional Items 00-4.50-2.83000000
Profit Before Tax 5.081.269.053.445.472.7610.4121.49-15.10-11.21
Tax 1.630.844.73-0.010.990.482.346.97-3.32-3.31
Profit After Tax 3.450.424.323.454.482.278.0714.52-11.78-7.90
PAT Margin (%) 1.4%0.2%2.1%1.8%2.1%1.2%3.5%4.1%-4.5%-3.6%
Adjusted EPS (₹)8.11.010.18.110.55.318.934.0-27.6-18.5
Dividend Payout Ratio (%)25%205%40%25%19%0%21%15%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 77.8377.2288.5689.9892.8993.69101.05115.2699.9291.29
Share Capital 4.284.284.284.284.284.284.284.284.284.28
Reserves 73.5572.9484.2985.7088.6189.4196.77110.9995.6487.02
Minority Interest0000000000
Debt74.3378.0269.3463.5866.3374.4080.58113.71111.5394.62
Long Term Debt23.2327.4219.6915.9513.7622.6927.8265.2062.3143.21
Short Term Debt51.1050.6049.6547.6352.5751.7152.7648.5149.2151.41
Trade Payables27.0118.9424.7735.7721.2032.4545.0442.7517.0428.05
Others Liabilities 58.0958.1029.9928.5127.9537.5143.0450.2751.0754.23
Total Liabilities 237.27232.27212.66217.83208.36238.04269.71321.99279.55268.19

Fixed Assets

Gross Block297.51299.61130.99132.31134.79161.55162.66208.20226.06209.37
Accumulated Depreciation159.24169.4710.5720.6030.7539.5251.8865.2180.3581.67
Net Fixed Assets138.27130.14120.42111.71104.04122.02110.78143145.71127.70
CWIP 00000.100.030.291.061.841.99
Investments 1.972.381.782.282.281.751.751.752.202.02
Inventories34.4235.5138.9337.3345.665597.11103.0269.1675.20
Trade Receivables2733.5831.4345.2834.3538.5939.3936.9231.2129.27
Cash Equivalents 8.392.223.362.830.860.940.978.060.961.73
Others Assets27.2328.4416.7418.4021.0719.7219.4328.1828.4630.27
Total Assets 237.27232.27212.66217.83208.36238.04269.71321.99279.55268.19

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 34.899.3421.3813.6712.3024.47-0.3528.4728.7125.55
PBT 5.081.269.053.445.472.7610.4121.49-15.10-11.21
Adjustment 21.4921.4721.1120.6017.1416.8420.9825.1123.9619.18
Changes in Working Capital 9.61-12.7-8.78-9.91-8.565.47-30.13-12.6620.0716.52
Tax Paid -1.30-0.680-0.46-1.75-0.60-1.61-5.47-0.211.07
Cash Flow From Investing Activity -1.40-5.47-0.47-0.45-1.24-29.10-1.34-46.05-17.641.32
Capex -1.82-1.46-0.86-0.91-2.23-30.48-1.48-46.25-17.12-0.19
Net Investments -0.30-0.40-0.01-0.5000.520000.19
Others 0.72-3.610.400.950.980.870.140.20-0.511.31
Cash Flow From Financing Activity -27.84-8.68-19.86-14.95-12.184.661.6920.92-14.38-26.91
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -23.873.94-7.73-3.74-2.858.6910.3037.37-2.88-19.10
Interest Paid -11.30-11.09-11.10-9.16-8.30-8.32-9.66-12.09-12.70-12.98
Dividend Paid -0.85-0.85-1.03-2.05-1.03-1.030-1.71-2.130
Others 8.18-0.680005.311.05-2.663.335.17
Net Cash Flow 5.65-4.811.05-1.73-1.120.030.013.34-3.31-0.04
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)7.080.846.273.864.92.448.2913.42-10.95-8.27
ROCE (%)11.969.4313.518.528.656.9311.6915.8-0.981.1
Asset Turnover Ratio0.980.880.940.90.980.860.911.20.880.8
PAT to CFO Conversion(x)10.1122.244.953.962.7510.78-0.041.96N/AN/A
Working Capital Days
Receivable Days41545773697062394751
Inventory Days666265727296120103119121
Payable Days787365958490108765755

Sambandam Spinning Mills Ltd Stock News

Sambandam Spinning Mills Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sambandam Spg. Mills on 20-Dec-2024 16:59 is ₹161.7.
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 Sambandam Spg. Mills stood at ₹68.96.
The latest P/E ratio of Sambandam Spg. Mills as of 20-Dec-2024 16:59 is 0.00.
The latest P/B ratio of Sambandam Spg. Mills as of 20-Dec-2024 16:59 is 0.79.
The 52-week high of Sambandam Spg. Mills is ₹194.0 and the 52-week low is ₹135.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sambandam Spg. Mills is ₹257.1 ( Cr.) .

About Sambandam Spinning Mills Ltd

Sambandam Spinning Mills was incorporated in 1973 by S P Sambandam, S P Ratnam and S P Rajendiram. The company started operations with initial capacity of 2000 spindles.

Currently, the company operates five mills with 1,10,000 spindle capacity. These facilities are located in Salem and Namakkal districts of Tamil Nadu.

It also operates wind energy converters located in the state of Tamil Nadu. Thus, it has its own 100% power generating capacity.

Product Spectrum

  • 100% Cotton Autoconed / siro cleared
  • Single / Multi Ply Yarn
  • Carded / Combed Weaving & Knitting Yarns
  • Ring Doubled wet spliced / TFO Yarns
  • Value Added Products : Gassed Yarn

Award and Recognition

  • Sambandam Spinning Mills has received ISO 9001:2000 certification for quality management.
  • The company has been awarded organic cotton standards certificate of the Control Union Certifications, Netherlands.
  • It has also received ECO certificate from Shirley Technologies Limited, UK.
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