BSE: 521161 | NSE: | Textile - Spinning | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Sri Lakshmi Saraswathi Textiles (Arni) Ltd is a below average quality company.
The key valuation ratios of Sri Lakshmi Saraswathi Textiles (Arni) 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 Sri Lakshmi Saraswathi Textiles (Arni) 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 % ⓘ | -4% | -11.5% | -22.2% | -20.1% | -76.1% | 0% | 0% | 1,579.2% | 0% | 0% | - |
| Value Creation Index ⓘ | -1.3 | -1.8 | -2.6 | -2.4 | -6.4 | NA | NA | 111.8 | NA | NA | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 115 | 109 | 95.7 | 98.5 | 112 | 92.5 | 86 | 150 | 151 | 127 | 106 |
| Sales YoY Gr. | - | -5.4% | -12.2% | 3% | 13.3% | -17.1% | -7.1% | 74.5% | 0.6% | -15.8% | - |
| Adj EPS ⓘ | -2.3 | -13.2 | -13.3 | -15.9 | -21.9 | -33.7 | -4 | 13.1 | -61.1 | -60.1 | -63.4 |
| YoY Gr. | - | NA | NA | NA | NA | NA | NA | NA | -568.3% | NA | - |
| BVPS (₹) ⓘ | 60.8 | 48.8 | 33.4 | 22.7 | 1.3 | -32.4 | -36.4 | -23.3 | -83.1 | -143.7 | -178.1 |
| Adj Net Profit ⓘ | -0.8 | -4.4 | -4.4 | -5.3 | -7.3 | -11.3 | -1.3 | 4.4 | -20.4 | -20 | -21 |
| Cash Flow from Ops. ⓘ | 0.3 | 3.9 | 3.7 | 0 | 3.4 | -0.9 | 1.8 | 6.6 | 6 | 3.8 | - |
| Debt/CF from Ops. ⓘ | 24.8 | 1.3 | 0.9 | 1382.4 | 0.8 | -8.6 | 5.5 | 1.7 | 2.7 | 5 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 1.1% | 2.6% | 13.9% | -15.8% | ||||
| Adj EPS ⓘ | NA | NA | NA | NA | ||||
| BVPSⓘ | -210% | -356.7% | NA | NA | ||||
| Share Price | 4.9% | 28.8% | 0.8% | 8.1% | ||||
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 % ⓘ | -3.6 | -24.1 | -32.3 | -56.8 | -182.9 | 217.3 | 11.7 | -43.8 | 114.9 | 53 | 39.4 |
| Op. Profit Mgn % ⓘ | 2.4 | -1.9 | -2 | -3.8 | -4 | -8.9 | 3 | 5.7 | -10 | -11 | -13.5 |
| Net Profit Mgn % ⓘ | -0.7 | -4 | -4.6 | -5.4 | -6.5 | -12.2 | -1.6 | 2.9 | -13.5 | -15.8 | -20 |
| Debt to Equity ⓘ | 0.4 | 0.3 | 0.3 | 0.5 | 6.2 | -0.7 | -0.8 | -1.4 | -0.6 | -0.4 | - |
| Working Cap Days ⓘ | 79 | 76 | 77 | 64 | 55 | 59 | 63 | 44 | 44 | 41 | 26 |
| Cash Conv. Cycle ⓘ | 33 | 25 | 13 | 3 | -9 | -29 | -47 | -23 | -34 | -85 | -128 |
Sales growth is growing at healthy rate in last 3 years 13.90%
Return on Equity has declined versus last 3 years average to 39.40%
Sales growth is not so good in last 4 quarters at -23.77%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -63.4 | - |
| TTM Sales (₹ Cr.) | 106 | - |
| BVPS (₹.) ⓘ | -178.1 | - |
| Reserves (₹ Cr.) ⓘ | -63 | - |
| P/BV ⓘ | -0.25 | - |
| PE ⓘ | 0.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 35.00 / 82.99 |
| All Time Low / High (₹) | 4.00 / 100.00 |
| Market Cap (₹ Cr.) | 14.8 |
| Equity (₹ Cr.) | 3.3 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 26.4 |
| 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 | 115.08 | 108.90 | 95.66 | 98.54 | 111.65 | 92.54 | 86.02 | 150.14 | 151.04 | 127.12 |
| Operating Expenses ⓘ | 112.31 | 111.01 | 97.61 | 102.28 | 116.07 | 100.80 | 83.48 | 141.64 | 166.18 | 141.14 |
| Manufacturing Costs | 25.73 | 25.12 | 22.30 | 20.67 | 22.40 | 20.73 | 17.17 | 27.43 | 30.11 | 26.56 |
| Material Costs | 70.69 | 68.21 | 58.66 | 64.34 | 75.19 | 61.16 | 49.64 | 91.77 | 111.53 | 90.16 |
| Employee Cost | 11.28 | 12.20 | 11.93 | 13.33 | 13.91 | 14.79 | 12.84 | 16.68 | 17.90 | 18.06 |
| Other Costs ⓘ | 4.61 | 5.47 | 4.72 | 3.93 | 4.57 | 4.12 | 3.82 | 5.76 | 6.64 | 6.35 |
| Operating Profit ⓘ | 2.77 | -2.11 | -1.94 | -3.73 | -4.43 | -8.27 | 2.54 | 8.49 | -15.14 | -14.02 |
| Operating Profit Margin (%) | 2.4% | -1.9% | -2.0% | -3.8% | -4.0% | -8.9% | 3.0% | 5.7% | -10.0% | -11.0% |
| Other Income ⓘ | 0.87 | 0.94 | 0.46 | 0.85 | 0.22 | 0.17 | 0.10 | 0.13 | 0.77 | 0.39 |
| Interest ⓘ | 1.18 | 1.05 | 1.24 | 1 | 1.65 | 1.70 | 2.40 | 2.77 | 3.87 | 4.43 |
| Depreciation ⓘ | 2.24 | 1.66 | 1.44 | 1.49 | 1.45 | 1.42 | 1.58 | 1.49 | 1.73 | 1.93 |
| Exceptional Items ⓘ | -2.55 | 0 | -1.05 | 1.81 | 0.24 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -2.34 | -3.88 | -5.23 | -3.56 | -7.07 | -11.21 | -1.34 | 4.36 | -19.97 | -19.98 |
| Tax ⓘ | -0.12 | 0.12 | -0.20 | 0 | 0.05 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -2.22 | -3.99 | -5.03 | -3.56 | -7.12 | -11.21 | -1.34 | 4.36 | -19.97 | -19.98 |
| PAT Margin (%) | -1.9% | -3.7% | -5.3% | -3.6% | -6.4% | -12.1% | -1.6% | 2.9% | -13.2% | -15.7% |
| Adjusted EPS (₹) | -6.7 | -12.0 | -15.1 | -10.7 | -21.4 | -33.6 | -4.0 | 13.1 | -59.9 | -60.0 |
| 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 | 20.27 | 16.27 | 11.11 | 7.55 | 0.43 | -10.78 | -12.12 | -7.76 | -27.68 | -47.88 |
| Share Capital ⓘ | 3.33 | 3.33 | 3.33 | 3.33 | 3.33 | 3.33 | 3.33 | 3.33 | 3.33 | 3.33 |
| Reserves ⓘ | 16.93 | 12.94 | 7.78 | 4.22 | -2.90 | -14.11 | -15.45 | -11.09 | -31.02 | -51.21 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 7.40 | 5.22 | 3.21 | 3.48 | 2.55 | 7.20 | 8.80 | 8.62 | 13.13 | 14.20 |
| Long Term Debt | 0 | 0 | 0 | 0.28 | 0.20 | 2.12 | 1.08 | 0.69 | 3.58 | 2.21 |
| Short Term Debt | 7.40 | 5.22 | 3.21 | 3.20 | 2.35 | 5.08 | 7.72 | 7.93 | 9.55 | 11.99 |
| Trade Payables | 1.30 | 6.30 | 9.09 | 12.56 | 16.80 | 21.38 | 19.46 | 22.68 | 35.15 | 47.78 |
| Others Liabilities ⓘ | 9.65 | 9.52 | 8.43 | 8.22 | 9.45 | 10.63 | 14.19 | 15.67 | 20.14 | 22.55 |
| Total Liabilities ⓘ | 38.61 | 37.30 | 31.84 | 31.81 | 29.23 | 28.43 | 30.34 | 39.22 | 40.73 | 36.65 |
Fixed Assets | ||||||||||
| Gross Block | 80.72 | 81.16 | 81.82 | 81.66 | 82.34 | 84.21 | 85.85 | 87.80 | 90.78 | 92.93 |
| Accumulated Depreciation | 66.50 | 67.88 | 69.04 | 70.02 | 71.47 | 72.40 | 73.98 | 75.33 | 75.58 | 77.50 |
| Net Fixed Assetsⓘ | 14.21 | 13.28 | 12.78 | 11.64 | 10.86 | 11.81 | 11.87 | 12.47 | 15.20 | 15.43 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0.09 | 1.77 | 5.42 | 4.34 |
| Investmentsⓘ | 0.96 | 1.07 | 0.67 | 0.36 | 0.42 | 0.42 | 0.42 | 0.42 | 1.03 | 1.02 |
| Inventories | 9.20 | 7.20 | 9.06 | 9.51 | 8.36 | 9.11 | 9.44 | 14.80 | 8.94 | 4.89 |
| Trade Receivables | 2.51 | 3.75 | 1.58 | 4.05 | 3.08 | 0.84 | 1.74 | 2.18 | 1.24 | 1.79 |
| Cash Equivalents | 0.33 | 0.46 | 0.61 | 0.64 | 0.92 | 0.82 | 1.21 | 2.18 | 1.56 | 2.11 |
| Others Assetsⓘ | 11.40 | 11.55 | 7.14 | 5.61 | 5.59 | 5.44 | 5.57 | 5.40 | 7.33 | 7.07 |
| Total Assets ⓘ | 38.61 | 37.30 | 31.84 | 31.81 | 29.23 | 28.43 | 30.34 | 39.22 | 40.73 | 36.65 |
| 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 ⓘ | 0.30 | 3.93 | 3.74 | 0 | 3.41 | -0.85 | 1.82 | 6.58 | 6.01 | 3.76 |
| PBT ⓘ | -2.34 | -3.88 | -5.23 | -3.56 | -7.07 | -11.21 | -1.34 | 4.36 | -19.83 | -19.98 |
| Adjustment ⓘ | 2.92 | 2.45 | 2.34 | 1.69 | 2.92 | 2.96 | 3.88 | 4.15 | 4.84 | 5.98 |
| Changes in Working Capital ⓘ | 0.51 | 5.71 | 6.46 | 1.89 | 7.59 | 7.42 | -0.68 | -1.82 | 20.91 | 17.79 |
| Tax Paid ⓘ | -0.80 | -0.36 | 0.16 | -0.02 | -0.02 | -0.02 | -0.05 | -0.10 | 0.09 | -0.03 |
| Cash Flow From Investing Activity ⓘ | 0.50 | -0.57 | -0.49 | 0.70 | -0.57 | -2.42 | -1.82 | -3.54 | -8.55 | -1.42 |
| Capex | 0.59 | -0.68 | -0.91 | 0.24 | -0.68 | -2.32 | -1.73 | -3.78 | -7.69 | -1.08 |
| Net Investments | -0.24 | -0.10 | 0.36 | 0.30 | -0.07 | -0.22 | -0.18 | 0.13 | -1.06 | -0.66 |
| Others ⓘ | 0.15 | 0.22 | 0.05 | 0.17 | 0.19 | 0.12 | 0.09 | 0.11 | 0.20 | 0.32 |
| Cash Flow From Financing Activityⓘ | -0.85 | -3.23 | -3.13 | -0.68 | -2.58 | 2.95 | 0.22 | -1.94 | 1.47 | -2.46 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | -1.18 | -1.05 | -1.12 | -0.95 | -1.65 | -1.70 | -2.39 | -2.76 | -3.74 | -4.37 |
| Dividend Paid ⓘ | -0.33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0.66 | -2.18 | -2.01 | 0.27 | -0.93 | 4.65 | 2.61 | 0.82 | 5.22 | 1.91 |
| Net Cash Flow ⓘ | -0.05 | 0.13 | 0.12 | 0.02 | 0.26 | -0.32 | 0.21 | 1.10 | -1.06 | -0.12 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -10.27 | -21.85 | -36.71 | -38.16 | -178.38 | N/A | N/A | N/A | N/A | N/A |
| ROCE (%) | -4.03 | -11.5 | -22.24 | -20.08 | -76.11 | N/A | N/A | N/A | N/A | N/A |
| Asset Turnover Ratio | 2.76 | 2.87 | 2.77 | 3.32 | 3.96 | 3.49 | 3.17 | 4.72 | 4.14 | 3.57 |
| PAT to CFO Conversion(x) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1.51 | N/A | N/A | Working Capital Days |
| Receivable Days | 16 | 10 | 10 | 10 | 11 | 7 | 5 | 4 | 4 | 4 |
| Inventory Days | 27 | 27 | 31 | 32 | 27 | 32 | 36 | 27 | 26 | 18 |
| Payable Days | 16 | 20 | 48 | 61 | 71 | 114 | 150 | 84 | 95 | 168 |
Sri Lakshmi Saraswathi Textiles (Arni) Ltd (SLST) was incorporated in 1964 and came out with a public issue in 1994. The company is engaged in manufacturing and marketing of yarn which is used to manufacture woven and knitted fabrics.
For more than 37 years, SLST has been the preferred stop for all sourcing needs of yarn buyers from all over the world. They provide top-quality cotton and polycotton yarns at highly competitive prices and meet delivery schedules.
SLST makes every effort to meet the rigorous standards of global trade by investing in the latest technology ensuring quality goods, service and satisfaction for their clients.
SLST has an impressive installed base of sophisticated machinery and most modern infrastructure for the production of high-quality yarn. These include a good quality control lab, computerised systems and a humidification department for optimal atmospheric conditions and well trained staff who meet the global production parameter.
SLST consistently ships top-of-the-line yarn by sourcing the best natural cotton fibre from West Africa, Egypt, Turkey and Australia. Its cotton combed and synthetic blended yarns have won accolades from all over the world. It maintains international packing standards in pallets and Carton Boxes.
The company currently exports to several countries across continents. The company has made a mark in European markets of Belgium, France, Finland, Germany, Italy, Portugal, Spain and Switzerland, Hongkong, Czech Republic and United States. It also has a presence in Bahrain, Cyprus and Morocco among others.
Product range of the company includes:
Future plan:-
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
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.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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