Suryaamba Spinning Mills Ltd - Stock Valuation and Financial Performance

BSE: 533101 | NSE: | Textile - Spinning | Small Cap

Suryaamba Spg Mills Share Price

150 3.00 2.04%
as on 21-Nov'24 16:59

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Suryaamba Spinning Mills stock performance -

mw4me loader
P/E Ratio (SA):
305.41
Market Cap:
44 Cr.
52-wk low:
137
52-wk high:
207.7

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

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

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

2. Is Suryaamba Spinning Mills Ltd undervalued or overvalued?

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

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

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Suryaamba 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 Suryaamba 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.
Suryaamba 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%14.7%10.6%13.7%13.8%18%12.3%25.7%15.6%7.7%-
Value Creation
Index
-0.10.1-0.30.00.00.3-0.10.80.1-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 147144139153169162126227248219208
Sales YoY Gr.--1.5%-3.4%9.7%10.3%-3.8%-22.5%80.4%9.6%-12%-
Adj EPS 6.29.81.87.510.716.713.347.323.64.90.5
YoY Gr.-58.1%-81.2%309.2%42.6%55.7%-20.3%255%-50.2%-79.1%-
BVPS (₹) 73.279.581.988.8100.3117.4131.4180.8206.6210.9207.4
Adj Net
Profit
1.82.90.52.23.24.93.913.96.91.40
Cash Flow from Ops. 13.18.111.6161514.311.117.417.514-
Debt/CF from Ops. 2.44.84.63.22.92.83.62.82.63.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.5%5.3%20.3%-12%
Adj EPS -2.5%-14.4%-28.2%-79.1%
BVPS12.5%16%17.1%2.1%
Share Price 15% 22.9% 1.5% -9.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
6.39.528.811.415.410.730.312.22.40.2
Op. Profit
Mgn %
5.76.38.49.68.410.310.511.98.36.35.8
Net Profit
Mgn %
1.220.41.41.933.16.12.80.70.1
Debt to
Equity
1.11.32.221.51.210.90.70.70.4
Working Cap
Days
67789792848110473757833
Cash Conv.
Cycle
3943494843426345485511

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 20.26%

Debt to equity has declined versus last 3 years average to 0.70

Return on Equity has declined versus last 3 years average to 0.20%

Net Profit has been subdued in last 3 years -28.20%

Sales growth is not so good in last 4 quarters at -13.46%

Latest Financials - Suryaamba Spinning Mills Ltd.

Standalone Consolidated
TTM EPS (₹) 0.5 -
TTM Sales (₹ Cr.) 208 -
BVPS (₹.) 207.4 -
Reserves (₹ Cr.) 58 -
P/BV 0.72 -
PE 305.41 -
From the Market
52 Week Low / High (₹) 137.00 / 207.70
All Time Low / High (₹) 19.90 / 350.00
Market Cap (₹ Cr.) 44
Equity (₹ Cr.) 2.9
Face Value (₹) 10
Industry PE 26.4

Management X-Ray of Suryaamba Spg Mills:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *9.419.419.419.419.419.419.419.419.419.41
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Suryaamba 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
Sales146.60144.38139.43152.94168.66162.19125.68226.66248.33218.57
Operating Expenses 138.20135.29127.78138.32154.54145.45112.48199.84227.82204.89
Manufacturing Costs18.8520.7918.1416.8020.9021.4619.3230.8435.9232.24
Material Costs99.3993.5586.0193.54105.6692.8867.88127.51146.85130
Employee Cost 12.9015.2517.0718.4819.8822.4317.6723.9527.6728.54
Other Costs 7.065.706.559.508.108.687.6217.5517.3714.11
Operating Profit 8.409.0911.6414.6214.1216.7413.2026.8120.5213.68
Operating Profit Margin (%) 5.7%6.3%8.3%9.6%8.4%10.3%10.5%11.8%8.3%6.3%
Other Income 2.574.160.170.450.630.940.851.251.920.80
Interest 4.625.126.357.065.935.634.384.735.575.73
Depreciation 3.573.624.044.464.464.564.684.896.286.35
Exceptional Items 0000000000
Profit Before Tax 2.774.501.423.554.377.504.9918.4310.582.41
Tax 0.961.530.941.200.952.290.743.982.680.66
Profit After Tax 1.812.970.492.353.425.204.2514.457.911.75
PAT Margin (%) 1.2%2.1%0.3%1.5%2.0%3.2%3.4%6.4%3.2%0.8%
Adjusted EPS (₹)4.18.01.78.011.717.814.549.327.06.0
Dividend Payout Ratio (%)25%12%60%12%9%3%3%2%4%17%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 29.1831.0524.0226.0229.4234.4138.5153.0160.5661.82
Share Capital 10.6610.662.932.932.932.932.932.932.932.93
Reserves 18.5120.3921.0923.0926.4931.4835.5850.0857.6358.89
Minority Interest0000000000
Debt29.9836.9150.2147.0838.5535.6436.1243.644043.10
Long Term Debt17.1420.7733.7528.5121.2322.9721.2530.9130.9526.03
Short Term Debt12.8316.1316.4618.5717.3212.6714.8712.729.0417.06
Trade Payables2.605.246.487.6511.478.9396.528.655.58
Others Liabilities 12.9915.8918.4319.1418.1619.4620.0630.4028.5816.70
Total Liabilities 74.7489.0899.1599.8997.5998.45103.68133.56137.79127.20

Fixed Assets

Gross Block79.8686.8099.35102.5970.9881.0383.23106.91120.17122.20
Accumulated Depreciation31.9935.6139.2142.8012.9017.2021.6626.3232.3438.68
Net Fixed Assets47.8751.1960.1459.7958.0863.8361.5780.5987.8383.52
CWIP 01.660.280.3000.080.910.8000
Investments 0000000000
Inventories8.4611.1416.4717.4315.1714.5217.4014.7219.2217.89
Trade Receivables9.7512.649.8412.0915.8113.8917.3124.5622.9120.79
Cash Equivalents 0.520.820.260.931.071.112.850.130.080.25
Others Assets8.1411.6212.159.357.465.023.6412.767.754.75
Total Assets 74.7489.0899.1599.8997.5998.45103.68133.56137.79127.20

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 13.068.1011.5815.9715.0414.2911.0617.4417.5214.04
PBT 2.774.501.423.554.377.504.9918.4310.582.41
Adjustment 7.298.2310.2311.3610.189.908.639.4011.7211.80
Changes in Working Capital 3.57-4.30.281.711.35-1.68-1.73-6.36-2.640.38
Tax Paid -0.56-0.32-0.36-0.66-0.86-1.42-0.83-4.03-2.15-0.55
Cash Flow From Investing Activity -5.66-8.29-11.27-3.75-2.24-10.35-2.99-24.09-11.74-2.91
Capex -6.04-8.600.01-4.11-2.76-10.26-2.26-23.98-13.63-2.05
Net Investments 00-130000.010.13-0.02-1.14
Others 0.380.301.720.360.52-0.09-0.74-0.231.910.28
Cash Flow From Financing Activity -7.041.06-0.25-12.26-12.72-3.97-6.304.81-5.82-10.94
Net Proceeds from Shares 0.65000000000
Net Proceeds from Borrowing -0.533.685.25-5.24-7.281.74-1.729.660.04-4.92
Interest Paid -4.23-4.84-6.35-7.06-5.93-5.63-4.38-4.73-5.57-5.73
Dividend Paid -1.15-1.10-0.35-0.35-0.35-0.35-0.20-0.12-0.29-0.29
Others -1.783.321.200.390.840.280000
Net Cash Flow 0.370.870.06-0.040.08-0.021.77-1.83-0.050.18
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)8.7213.272.069.3812.3416.3111.6631.5713.932.86
ROCE (%)12.0214.7310.5513.6813.7517.9612.325.7115.597.74
Asset Turnover Ratio1.971.761.481.541.711.651.241.911.831.65
PAT to CFO Conversion(x)7.222.7323.636.84.42.752.61.212.218.02
Working Capital Days
Receivable Days24282926303345343536
Inventory Days20253640353346262531
Payable Days9152528334048221920

Suryaamba Spinning Mills Ltd Stock News

Suryaamba Spinning Mills Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Suryaamba Spg Mills on 21-Nov-2024 16:59 is ₹150.0.
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 21-Nov-2024 16:59 the market cap of Suryaamba Spg Mills stood at ₹43.98.
The latest P/E ratio of Suryaamba Spg Mills as of 21-Nov-2024 16:59 is 305.4.
The latest P/B ratio of Suryaamba Spg Mills as of 21-Nov-2024 16:59 is 0.72.
The 52-week high of Suryaamba Spg Mills is ₹207.7 and the 52-week low is ₹137.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Suryaamba Spg Mills is ₹208.3 ( Cr.) .

About Suryaamba Spinning Mills Ltd

Suryaamba Spinning Mills was incorporated on May 5, 2007 to take over the spun off unit situated at Nayakund, Ramtek, Nagpur. The company is managed by Managing Director (MD) Virender Kumar Agarwal. Virender Kumar Agarwal has experience of more than 15 years as director in Suryalata Spinning Mills, in this line of activity.

Suryaamba Spinning Mills, with yarn spinning unit of blended yarns of the highest quality standards with a distinct range of products, add value to customer’s requirements both in the Indian and the world markets.

Its clients in India are primarily cloth manufacturers and it caters to some of the finest brand labels worldwide and hence almost the entire production is directly or indirectly exported. Even the ones who use these yarns for domestic consumption are catering to good and established labels in India.

Today, Suryaamba Spinning Mills is hailed as one of the trend-setting polyester spinning firms in India that has left indelible impressions on the consumers mind across the world.

With around 7.5 Lakh kilos of yarn manufactured every month, it’ s a collective passion to produce nothing but the best in the world and deliver the same in no less than a record time.

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