Shiva Texyarn Ltd - Stock Valuation and Financial Performance

BSE: 511108 | NSE: SHIVATEX | Textile - Spinning | Small Cap

Shiva Texyarn Share Price

225.60 -0.85 -0.38%
as on 03-Dec'24 16:59

DeciZen - make an informed investing decision on Shiva Texyarn

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Shiva Texyarn stock performance -

mw4me loader
P/E Ratio (SA):
186.97
Market Cap:
293.5 Cr.
52-wk low:
135
52-wk high:
299

Is Shiva Texyarn Ltd an attractive stock to invest in?

1. Is Shiva Texyarn Ltd a good quality company?

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

2. Is Shiva Texyarn Ltd undervalued or overvalued?

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

3. Is Shiva Texyarn Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Shiva Texyarn Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shiva Texyarn:

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.
Shiva Texyarn 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 % 9.4%9.7%11%12.3%9.9%7.7%12.7%16.6%3.7%-1.2%-
Value Creation
Index
-0.3-0.3-0.2-0.1-0.3-0.5-0.10.2-0.7-1.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 465450383359354368341477411335302
Sales YoY Gr.--3.3%-14.9%-6.2%-1.5%4.1%-7.4%40%-13.9%-18.4%-
Adj EPS 4.25.14.37.85.2-0.96.215.4-12.6-7.71.2
YoY Gr.-21.2%-15.9%82.2%-33.2%-116.7%NA150%-182%NA-
BVPS (₹) 69.973.675.483.486.485.795.4109.9103.594.897.7
Adj Net
Profit
9.1119.210.16.8-1.1820-16.4-102
Cash Flow from Ops. 92.827.544.617.114.34168.619.867.23.8-
Debt/CF from Ops. 2.58.93.710.6144.51.87.11.425.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -3.6%-1.1%-0.5%-18.4%
Adj EPS -207%-208.2%-207.8%NA
BVPS3.5%1.9%-0.2%-8.4%
Share Price 16.8% 20.2% 5.2% 59.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
6.17.17.19.76.1-16.815-11.8-7.81.3
Op. Profit
Mgn %
11.712.112.412.511.99.112.611.72.12.86.6
Net Profit
Mgn %
22.42.42.81.9-0.32.34.2-4-30.5
Debt to
Equity
1.51.51.71.71.81.7110.70.80.3
Working Cap
Days
14613514713915014615011511810961
Cash Conv.
Cycle
787578699296856773662

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 1.30%

Debt to equity has declined versus last 3 years average to 0.78

Sales growth has been subdued in last 3 years -0.54%

Net Profit has been subdued in last 3 years -207.81%

Sales growth is not so good in last 4 quarters at -20.97%

Latest Financials - Shiva Texyarn Ltd.

Standalone Consolidated
TTM EPS (₹) 1.2 1.4
TTM Sales (₹ Cr.) 302 302
BVPS (₹.) 97.7 98
Reserves (₹ Cr.) 114 114
P/BV 2.32 2.31
PE 186.97 159.45
From the Market
52 Week Low / High (₹) 135.00 / 299.00
All Time Low / High (₹) 3.05 / 655.00
Market Cap (₹ Cr.) 294
Equity (₹ Cr.) 13
Face Value (₹) 10
Industry PE 28.6

Management X-Ray of Shiva Texyarn:

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 Shiva Texyarn

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
Sales465450383359354368341477411335
Operating Expenses 411396335314312334298422403328
Manufacturing Costs61655348404250605253
Material Costs302276232209212234195297289206
Employee Cost 24293441424136444348
Other Costs 24261516181717211920
Operating Profit 545447454234435588
Operating Profit Margin (%) 11.7%12.1%12.4%12.5%11.8%9.1%12.6%11.5%1.8%2.2%
Other Income 11231571165
Interest 25232119222218141311
Depreciation 17171313131516131415
Exceptional Items 0000000000
Profit Before Tax 13151615811730-4-14
Tax 4463104103-3
Profit After Tax 9111011721220-7-11
PAT Margin (%) 1.9%2.4%2.7%3.2%1.9%0.4%3.6%4.2%-1.6%-3.3%
Adjusted EPS (₹)4.15.04.88.75.21.29.515.4-5.1-8.6
Dividend Payout Ratio (%)24%22%34%18%21%0%13%9%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 15115999108112111124142134123
Share Capital 2222-4213131313131313
Reserves 129137141959998111130121110
Minority Interest0000000000
Debt1912031311541751691051238080
Long Term Debt95875872787056474330
Short Term Debt9711673829710049763750
Trade Payables31233727293036142420
Others Liabilities 90968472504558827066
Total Liabilities 464481352361366355323361308289

Fixed Assets

Gross Block452398225223228233200210248244
Accumulated Depreciation1591081313263226385163
Net Fixed Assets293289213209201201174172197181
CWIP 57013031010
Investments 1111111232
Inventories79926467808072995856
Trade Receivables35393641504834262332
Cash Equivalents 7869127101084
Others Assets44443333191828421914
Total Assets 464481352361366355323361308289

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 9327451714416920674
PBT 13151615811230-4-14
Adjustment 42403130343328271426
Changes in Working Capital 40-240-24-25828-3058-10
Tax Paid -2-3-3-4-2-10-6-11
Cash Flow From Investing Activity -16-12-6-9-9-516-25-65
Capex -17-15-9-12-8-818-25-52
Net Investments 1021-21-2-1-12
Others 0311111011
Cash Flow From Financing Activity -89-14-39-7-5-39-845-64-12
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -35-7-2064-16-15-6-4-13
Interest Paid -25-23-17-19-22-22-18-14-13-11
Dividend Paid -3-2-3-2-3-20-2-20
Others -271908161-5127-4511
Net Cash Flow -131-101-310-2-3
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)6.0276.398.366.091.3910.4615.04-4.8-8.63
ROCE (%)9.399.711.0112.259.887.7312.6616.613.7-1.22
Asset Turnover Ratio0.930.950.921.010.971.021.011.41.231.13
PAT to CFO Conversion(x)10.332.454.51.55220.55.751N/AN/A
Working Capital Days
Receivable Days30303639474944232230
Inventory Days82697467768082656962
Payable Days48364756484561302439

Shiva Texyarn Ltd Stock News

Shiva Texyarn Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shiva Texyarn on 03-Dec-2024 16:59 is ₹225.6.
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 03-Dec-2024 16:59 the market cap of Shiva Texyarn stood at ₹293.5.
The latest P/E ratio of Shiva Texyarn as of 03-Dec-2024 16:59 is 187.0.
The latest P/B ratio of Shiva Texyarn as of 03-Dec-2024 16:59 is 2.32.
The 52-week high of Shiva Texyarn is ₹299.0 and the 52-week low is ₹135.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shiva Texyarn is ₹302.3 ( Cr.) .

About Shiva Texyarn Ltd

Shiva Texyarn Limited incorporated on March 23, 2002, promoted by Dr. S. V. Balasubramaniam and carrying on the business of manufacturing of textile yarn was merged with Annamallai Finance Limited through a scheme of amalgamation. Annamalai Finance Private Limited was incorporated on May 28, 1980 and subsequently became a public company on November 25, 1985. The name of the company was changed to “Annamallai Finance Limited” on December 3, 1985. The company carried out the business as Non Banking Financial Company (NBFC). The company’s initial public offer was made in the year 1986 and the shares of the company were initially listed on the Bombay Stock Exchange and Madras Stock Exchange.The shares of the company got listed on National Stock exchange with effect from October 18, 1995. The company is currently engaged in the business of finance, windmill and textiles.

The company’s wind mills, with an installed capacity of 16.795 megawatts, produced 211.59 lakh units of wind electricity in 2009. The company has a 50% interest in a joint venture company, namely Bannari Amman Apparel.

The registered office of the company is situated at 252, Mettupalayam Road, Coimbatore, Tamil Nadu- 641043.

Business area of the company

The company is engaged in the manufacturing and marketing of cotton yarn and other textile products. Its business also includes wind power generations.

Business Divisions

  • Textile division
  • Wind mill division
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