Shri Dinesh Mills Ltd - Stock Valuation and Financial Performance

BSE: 503804 | NSE: SHRIDINESH | Textile | Small Cap

Shri Dinesh Mills Share Price

406.50 -1.05 -0.26%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Shri Dinesh Mills

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

1. Quality

2. Valuation

Overvalued

3. Price Trend

Shri Dinesh Mills stock performance -

mw4me loader
P/E Ratio (SA):
5.19
Market Cap:
227.7 Cr.
52-wk low:
381
52-wk high:
572.8

Is Shri Dinesh Mills Ltd an attractive stock to invest in?

1. Is Shri Dinesh Mills Ltd a good quality company?

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

2. Is Shri Dinesh Mills Ltd undervalued or overvalued?

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

3. Is Shri Dinesh Mills Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shri Dinesh 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 Shri Dinesh 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.
Shri Dinesh 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 % 5.7%4.1%3.5%-4.6%0.3%1.3%9.4%24.6%19.5%34.6%-
Value Creation
Index
-0.6-0.7-0.8-1.3-1.0-0.9-0.30.80.41.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 80.578.179.376.968.851.249.155.159.766.965
Sales YoY Gr.--3%1.5%-3.1%-10.6%-25.5%-4.1%12.2%8.4%12%-
Adj EPS 8.95.75.4-3.84.1-213.720.116.231.378.3
YoY Gr.--36.1%-5.3%-170.6%NA-147.8%NA46.2%-19.6%93.9%-
BVPS (₹) 196.1200204.7192.7190.5187.8202.1244.3277.4351.7334.6
Adj Net
Profit
4.52.92.8-1.92.1-17.711.39.117.644
Cash Flow from Ops. 13.56.311.55.714.42.29.226.322.3-9.1-
Debt/CF from Ops. 120.80.80.1-0.2-0.1-0-0.1-0.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -2%-0.6%10.8%12%
Adj EPS 15%50.3%31.6%93.9%
BVPS6.7%13.1%20.3%26.8%
Share Price 13.8% 29% -20.9% -16.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
4.62.92.7-1.92.1-17.296.21022.8
Op. Profit
Mgn %
1411.59.64.38.4-2.419.515.711.717.112.9
Net Profit
Mgn %
5.63.73.5-2.53.1-215.720.415.226.267.3
Debt to
Equity
0.10.10.10.100-0-0-000
Working Cap
Days
204208211211190195170164181175487
Cash Conv.
Cycle
1761801791781571511241038684434

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 22.80%

Sales growth is growing at healthy rate in last 3 years 10.84%

Net Profit is growing at healthy rate in last 3 years 31.63%

Sales growth is not so good in last 4 quarters at 6.37%

Latest Financials - Shri Dinesh Mills Ltd.

Standalone Consolidated
TTM EPS (₹) 78.3 84.3
TTM Sales (₹ Cr.) 65.2 99.1
BVPS (₹.) 334.6 340.3
Reserves (₹ Cr.) 199 185
P/BV 1.21 1.19
PE 5.19 4.82
From the Market
52 Week Low / High (₹) 381.00 / 572.80
All Time Low / High (₹) 7.61 / 900.00
Market Cap (₹ Cr.) 228
Equity (₹ Cr.) 5.6
Face Value (₹) 10
Industry PE 30.2

Management X-Ray of Shri Dinesh 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 (%)

Event Update

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Analyst's Notes

Key Ratios of Shri Dinesh 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
Sales80787977695149556067
Operating Expenses 69697274635240465355
Manufacturing Costs10999876888
Material Costs24232427221912141714
Employee Cost 26272828241816171822
Other Costs 1010111098781011
Operating Profit 119836-1109711
Operating Profit Margin (%) 14.0%11.5%9.6%4.1%8.4%-2.4%19.5%15.7%11.7%17.1%
Other Income 33444855712
Interest 3222100000
Depreciation 8787764333
Exceptional Items 000-5-300201841
Profit Before Tax 422-7-1110302862
Tax 00-1-1-1-114514
Profit After Tax 533-6029272348
PAT Margin (%) 5.6%3.7%3.5%-7.4%0.3%3.4%17.9%48.1%38.4%71.6%
Adjusted EPS (₹)8.95.75.5-11.10.43.315.747.341.085.5
Dividend Payout Ratio (%)20%26%27%-13%486%92%32%16%24%35%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 1001021049899100113137155197
Share Capital 5555556666
Reserves 959799939494108131150191
Minority Interest0000000000
Debt91051-10-1-1-15
Long Term Debt101052000005
Short Term Debt000-1-10-1-1-10
Trade Payables1233222233
Others Liabilities 31303028282016192426
Total Liabilities 141144143130128121130158181230

Fixed Assets

Gross Block194201202203204140132130128137
Accumulated Depreciation145152159166171116112113112114
Net Fixed Assets49494337332419171623
CWIP 0000000000
Investments 14134749607187108131174
Inventories30323529201213131215
Trade Receivables1211109775555
Cash Equivalents 313243422531
Others Assets4543453101412
Total Assets 141144143130128121130158181230

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 13612614292622-9
PBT 422-7-1110302862
Adjustment 8776601-1-3-57
Changes in Working Capital 2-336101-2-3-0-7
Tax Paid 00000000-3-7
Cash Flow From Investing Activity 8-4-32-1-12-2-12-22-197
Capex -1-7-1-1-352-5-140
Net Investments 61-34-1-10-8-14-17-19-34
Others 3222000001
Cash Flow From Financing Activity -13-1-8-6-1-33-1-51
Net Proceeds from Shares 0000315000
Net Proceeds from Borrowing 00-5-3-2-10206
Interest Paid -3-2-2-2-100000
Dividend Paid 00-1-1-1-30-3-4-6
Others -1010000-1000
Net Cash Flow 91-28-11-303-2-2
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)4.562.882.72-5.60.21.758.2821.215.7127.19
ROCE (%)5.674.123.47-4.640.291.329.424.5919.4734.58
Asset Turnover Ratio0.580.580.590.570.530.410.390.380.350.32
PAT to CFO Conversion(x)2.624N/AN/A110.960.96-0.19
Working Capital Days
Receivable Days53514544425046343129
Inventory Days13213714614912911594877775
Payable Days24253839383656566173

Shri Dinesh Mills Ltd Stock News

Shri Dinesh Mills Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shri Dinesh Mills on 20-Dec-2024 16:59 is ₹406.5.
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 Shri Dinesh Mills stood at ₹227.7.
The latest P/E ratio of Shri Dinesh Mills as of 20-Dec-2024 16:59 is 5.19.
The latest P/B ratio of Shri Dinesh Mills as of 20-Dec-2024 16:59 is 1.21.
The 52-week high of Shri Dinesh Mills is ₹572.8 and the 52-week low is ₹381.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shri Dinesh Mills is ₹65.15 ( Cr.) .

About Shri Dinesh Mills Ltd

Shri Dinesh Mills Ltd. was incorporated on July1, 1935 at Baroda as Maharani Woollen Mills and received the certificate of commencement of business on February 17, 1936.

Shri Dinesh Mills is a composite textile mill with a very strong presence in the textile industry for more than 60 years; manufacturing worsted fabrics (menswear), paper makers felts and industrial textiles. They have scouring and combing plants, top dyeing, worsted and woolen spinning, shuttleless weaving and complete fabric finishing range for woolen, poly wool worsted and poly viscose fabrics. Shri Dinesh Mills markets different products and its marketing set up is divided for different product segments.

At Shri Dinesh Mills Limited, it has products for:-  general consumers, menswear, industrial consumers  --paper maker's felt  --industrial textiles

Their definition for quality is 'As perceived by customer'. They believe in upgradation of manufacturing facilities, quality development and management process besides development of human resources.

The company’s fabrics go through a series of hot and cold processes with the use of special detergents, softeners and other speciality chemicals. These impart a permanent feel and form to the fabric which will endure years of exposure to the atmosphere and other factors like washing, abrasion, strech, bodysweat etc. Suiting Fabrics manufactured by it  find their way to the consumers' wardrobe via a network of multi brand outlets spread across the country and also in form of ready made apparels from the fabrics supplied by it to all major garmenters throughout the country and even abroad.  

Product range of the company includes:

  • 100% Wool Worsted Fabrics
  • 55% Polyester/45% Wool Worsted Fabrics
  • 5% Polyester/35% Wool Worsted Fabrics
  • Wool+lycra/55% Polyester/43% Wool/2% Lycra, other blends can be offered on specific request
  • Suiting Fabrics -Suiting Fabrics are an intergral part of the fashion industry To satisfy the demands of every discerning consumer, we have a vast range of weaves like plains, twills, gabardines, hopsack, barrathea, satins, herringbones and other fancy fabrics, woven in vibrant colors which are inspired by every facet of the universe from the sky to the seas, the forests, the mountains and every awe-inspiring facet of mother earth.

For International market it has been manufacturing and exporting worsted fabrics to various overseas markets since last 30 Years. It maintain the highest standards of quality to meet the requirements of its discerning customers. It is exporting its products to various countries / continents i.e USA , Canada , Australia, Europe , Middle East  & Far East countries.

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