Sahaj Fashions Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: SAHAJ | Textile | Small Cap

BSE Share Price
Not Listed

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Sahaj Fashions stock performance -

mw4me loader
P/E Ratio (SA):
18.90
Market Cap:
17.8 Cr.
52-wk low:
0
52-wk high:
0

Is Sahaj Fashions Ltd an attractive stock to invest in?

1. Is Sahaj Fashions Ltd a good quality company?

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

2. Is Sahaj Fashions Ltd undervalued or overvalued?

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

3. Is Sahaj Fashions Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sahaj Fashions 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 Sahaj Fashions:

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.
Sahaj Fashions 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'14Mar'15Mar'16Mar'17Mar'18Mar'20Mar'21Mar'22TTM
ROCE % 11.7%10.1%11%14.5%19.5%9%8.3%7.9%-
Value Creation
Index
-0.2-0.3-0.20.00.4-0.4-0.4-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 32.43862.683.411199.374.787125
Sales YoY Gr.-17.4%64.9%33.1%33.3%-10.6%-24.8%16.4%-
Adj EPS 1.10.60.70.840.40.40.60.7
YoY Gr.--40.7%14.1%5.5%414.3%-89.9%7.5%32.6%-
BVPS (₹) 12.312.71313.717.718.418.819.424.3
Adj Net
Profit
0.30.30.50.62.90.30.30.41
Cash Flow from Ops. 0.4-0.2-2.43.62.64.2-13.1-
Debt/CF from Ops. 35.5-170.2-13.89.313.28.4-40.413.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA6.8%-7.8%16.4%
Adj EPS NA-4.8%-47.6%32.6%
BVPSNA8.3%3.1%3%
Share Price - - - -38.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'20Mar'21Mar'22TTM
Return on
Equity %
8.86.575.925.22.22.333.3
Op. Profit
Mgn %
9.19.510.39.995.87.46.35.8
Net Profit
Mgn %
0.80.70.80.72.60.30.40.50.8
Debt to
Equity
55.33.53.32.62.62.930.4
Working Cap
Days
0150157168169210267243133
Cash Conv.
Cycle
01071011059712719818968

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 3.30%

Debt to equity has declined versus last 3 years average to 2.95

Sales growth has been subdued in last 3 years -7.84%

Net Profit has been subdued in last 3 years -47.59%

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

Latest Financials - Sahaj Fashions Ltd.

Standalone Consolidated
TTM EPS (₹) 0.7 -
TTM Sales (₹ Cr.) 125 -
BVPS (₹.) 24.3 -
Reserves (₹ Cr.) 19 -
P/BV 0.56 -
PE 18.90 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 17.8
Equity (₹ Cr.) 13.2
Face Value (₹) 10
Industry PE 26.8

Management X-Ray of Sahaj Fashions:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Sahaj Fashions

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'20Mar'21Mar'22
Sales32.3637.9962.6383.35111.1199.3174.7086.96
Operating Expenses 29.4034.3956.1875.10101.1493.5069.1781.44
Manufacturing Costs3.592.605.947.207.563.062.503.83
Material Costs24.5030.1947.7464.5590.0888.2064.6174.64
Employee Cost 0.850.941.661.622.091.911.652.19
Other Costs 0.470.660.841.731.410.340.410.77
Operating Profit 2.963.606.448.259.965.805.535.52
Operating Profit Margin (%) 9.1%9.5%10.3%9.9%9.0%5.8%7.4%6.3%
Other Income 0.280.160.160.150.870.030.050.03
Interest 1.792.173.485.204.473.923.843.80
Depreciation 1.181.132.412.201.971.501.311.18
Exceptional Items 00000000
Profit Before Tax 0.260.450.710.994.390.400.430.56
Tax 00.180.190.421.450.110.110.14
Profit After Tax 0.260.280.520.572.940.290.320.42
PAT Margin (%) 0.8%0.7%0.8%0.7%2.6%0.3%0.4%0.5%
Adjusted EPS (₹)1.10.60.70.04.00.40.40.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'20Mar'21Mar'22

Equity and Liabilities

Shareholders Fund 2.975.479.2310.1813.1213.6413.9614.37
Share Capital 0.050.090.150.150.157.417.417.41
Reserves 2.925.389.0910.0312.976.236.556.96
Minority Interest00000000
Debt14.702932.5433.3034.3835.3740.2742.44
Long Term Debt7.4618.3914.8116.4115.0510.1916.0917.95
Short Term Debt7.2410.6117.7316.8919.3225.1824.1824.48
Trade Payables1.974.2110.9013.9026.6514.2511.5912.23
Others Liabilities 0.300.521.471.692.041.511.300.94
Total Liabilities 19.9339.2054.1459.0776.1964.7667.1269.99

Fixed Assets

Gross Block7.5517.2018.0416.2014.6124.8924.9225.13
Accumulated Depreciation0000013.4914.7915.97
Net Fixed Assets7.5517.2018.0416.2014.6111.4010.139.16
CWIP 01.28000000
Investments 00000000
Inventories4.339.1712.9614.7319.5716.6218.4815.69
Trade Receivables7.357.9820.4926.6540.5135.9037.6142.92
Cash Equivalents 0.331.551.500.780.490.390.471.76
Others Assets0.372.021.150.711.020.450.430.47
Total Assets 19.9339.2054.1459.0776.1964.7667.1269.99

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'20Mar'21Mar'22
Cash Flow From Operating Activity 0.41-0.17-2.353.572.614.23-13.12
PBT 0.260.450.710.994.390.400.430.56
Adjustment 2.703.155.747.265.575.405.104.95
Changes in Working Capital -2.54-3.77-8.8-4.69-7.35-1.46-6.42-2.24
Tax Paid 00000-0.11-0.11-0.15
Cash Flow From Investing Activity 0.46-12.97-1-0.210.500.030.02-0.20
Capex 0.15-12.07-1.96-0.36-0.38-0.01-0.03-0.23
Net Investments 000000.0100
Others 0.32-0.900.960.150.870.030.050.03
Cash Flow From Financing Activity -0.7914.363.30-4.07-3.40-4.801.06-1.63
Net Proceeds from Shares 02.223.250.380000
Net Proceeds from Borrowing -1.5310.93-3.581.59-1.35-1.105.901.87
Interest Paid -1.79-2.17-3.48-5.20-4.47-3.92-3.84-3.80
Dividend Paid 00000000
Others 2.533.377.12-0.832.430.22-10.30
Net Cash Flow 0.091.22-0.05-0.71-0.29-0.540.081.29
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'20Mar'21Mar'22
Ratios
ROE (%)8.816.567.055.9125.212.192.332.96
ROCE (%)11.6610.0710.9914.5419.498.978.297.86
Asset Turnover Ratio1.621.281.341.471.641.411.131.27
PAT to CFO Conversion(x)1.58-0.61-4.526.260.8914.59-3.137.43
Working Capital Days
Receivable Days837483103110140180169
Inventory Days4965646156678672
Payable Days2937587082857358

Sahaj Fashions Ltd Stock News

Sahaj Fashions Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sahaj Fashions on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Sahaj Fashions stood at ₹17.84.
The latest P/E ratio of Sahaj Fashions as of 01-Jan-1970 05:30 is 18.90.
The latest P/B ratio of Sahaj Fashions as of 01-Jan-1970 05:30 is 0.56.
The 52-week high of Sahaj Fashions is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sahaj Fashions is ₹125.2 ( Cr.) .

About Sahaj Fashions Ltd

The company was incorporated as Sahaj Fashions Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated May 20, 2011 in Kishangarh, Rajasthan. Later the company was converted into a Public Limited Company pursuant to Shareholders Resolution dated April 02, 2018 and the name of the company was changed to ‘Sahaj Fashions Limited’ vide fresh Certificate of Incorporation dated April 17, 2018 Issued by the Registrar of Companies, Jaipur. The registered office of the company is situated at Kishangarh, Rajasthan, India.

Sahaj Fashions is engaged in manufacturing of high standard fabric which is used for various purposes such as garments, home furnishings and industrial applications, etc. It has expertise in manufacturing of primarily cotton suiting fabric and cotton shirting fabric apart from polyster based and cotton-polyster blended fabrics. It also manufacture cotton yarn dyed fabrics which are according to it almost always in demand by the garment manufacturing industry.

The company was established with an aim to manufacture of high standard textile fabric. Hence, the company purchased land in Kishangarh, Rajasthan to setup a manufacturing unit which it completed and the unit started commercial production on April 04, 2012 in a record time of 6 months from the date of laying the foundation stone. In the year 2014, it exposed its product to international markets through Merchant Exporters in which it do not have to face the risk of forex fluctuation because it sells its products only to the India counterparts. In 2015, the company decided to enter into expansion with backward integration which is a pre-process of fabric weaving. As a result, the company installed and commissioned further machinery of Textile Preparatory (Sizing Machine Plant) in its manufacturing facility in Rajasthan thereby improving the quality and timely delivery of the orders.

Business area of the company 

The company is engaged in manufacturing of high standard fabric which is used for various purposes such as garments, home furnishings and industrial applications, etc.

Products of the company

  • Cotton shirting
  • Cotton suiting
  • Fancy fabric
  • Yarn dyed fabrics
  • Blended fabric of polyester
  • Suitings fabric
  • Bottomwear fabrics

History and milestone

  • 2012: its unit situated in Rajasthan started its commercial production on April 04, 2012 in a record time of 6 months from the date of laying the foundation stone.
  • 2014: Company Exposed itself to export market through merchant exporter.
  • 2015: The company expanded with backward integration by setting up a Yarn Sizing Unit in the Rajasthan facility thereby improving the quality and timely delivering of the orders.
  • 2018: Achieved a Turnover of more than 100 crore in FY 2017-18 and FY 2018-2019.
  • 2018: The Company previously filed Draft Prospectus for IPO on September 12, 2018 with NSE for SME listing for which it later received the In-principal Approval letter on November 06, 2018. However, it decided to shelve the plan of going ahead with the IPO after considering the market conditions during that period.

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