Filatex India Ltd.

NSE: FILATEX  SECTOR: Textile - Spinning

65.5
+1.8 (2.83%)

Price Summary

Today's High

₹ 68.05

Today's Low

₹ 63.85

52 Week High

₹ 71.7

52 Week Low

₹ 15.55

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.

Company Essentials

Market Cap

1446.3579 Cr.

Enterprise Value

2141.8486 Cr.

No. of Shares

22.0818 Cr.

P/E

21.12

P/B

2.51

Face Value

₹ 2

Div. Yield

0%

Book Value (TTM)

₹  26.1117

CASH

21.7733 Cr.

DEBT

717.264 Cr.

Promoter Holding

65.23%

EPS (TTM)

₹  3.1012

Sales Growth

-3.20201003598418%

ROE

22.8641062101716 %

ROCE

15.3486525443231 %

Profit Growth

4.33617910734619 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

Sales Growth (in Cr.)

1 Year-3.2%
3 Year21.5%
5 Year12.08%

Profit Growth (in Cr.)

1 Year43.17%
3 Year44.15%
5 Year66.14%

ROE%

1 Year22.86%
3 Year19.86%
5 Year17.89%

ROCE %

1 Year15.35%
3 Year15.48%
5 Year14.79%

Debt/Equity

1.2099

Price to Cash Flow

9.24

Interest Cover Ratio

2.9901980458088

CFO/PAT (5 Yr. Avg.)

2.29257950671225

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2020 65.23 33.84
Sep 2020 60.47 36.5
Jun 2020 60.46 36.51
Mar 2020 60.6 36.61
Dec 2019 59.73 37.15
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 44.1473104395969% for the Past 3 years.
  • The company has shown a good revenue growth of 21.5020982665741% for the Past 3 years.
  • Company’s PEG ratio is 0.506002953895753.
  • The company has an efficient Cash Conversion Cycle of 24.3244085423239 days.
  • The company has a good cash flow management; CFO/PAT stands at 2.29257950671225.

 Limitations

  • Company has contingent liabilities of 299.1985 Cr.
  • Tax rate is low at 0.423487748694533.
  • Promoter pledging is high as 33.84%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
Net Sales 737.73 667.3 145.01 507.79 721.59
Total Expenditure 681.86 605.05 151.22 463.27 601.42
Operating Profit 55.87 62.25 -6.21 44.52 120.17
Other Income 1.44 5.86 0.95 1.46 1.8
Interest 17.08 22.24 17.78 18.87 16.02
Depreciation 14 14.07 14.24 14.43 14.77
Exceptional Items 0 0 0 0 0
Profit Before Tax 26.23 31.8 -37.28 12.68 91.18
Tax 7.66 10.77 -9.3 3.29 25.14
Profit After Tax 18.57 21.03 -27.98 9.39 66.04
Adjusted EPS (Rs) 0.08 0.1 -0.13 0.04 0.3

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 1278.23 1551.01 1927.59 2874.1 2782.07
Total Expenditure 1190.76 1417.8 1771.04 2657.58 2559.94
Operating Profit 87.46 133.21 156.56 216.52 222.13
Other Income 10.67 12.13 11.09 11.79 12.42
Interest 51.19 58.63 44.1 54.7 61.29
Depreciation 21.27 28.96 30.82 44.97 51.27
Exceptional Items 6.97 -3.44 0 2.34 0
Profit Before Tax 32.65 54.3 92.72 130.97 121.99
Tax 6.38 13.74 32.94 46.12 0.52
Net Profit 26.27 40.56 59.78 84.85 121.47
Adjusted EPS (Rs.) 1.64 1.86 2.75 3.9 5.53

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 32 43.5 43.5 43.5 43.94
Total Reserves 177.54 281.61 342 428.58 550.95
Borrowings 307.57 336.35 541.6 476.76 611.45
Other N/C liabilities 33.06 49.79 73.23 97.82 75.51
Current liabilities 330.66 348.1 437.19 368.74 339.59
Total Liabilities 880.83 1059.36 1437.52 1415.4 1621.43
Assets
Net Block 492.36 628.53 944.52 927.93 1157.39
Capital WIP 18.02 5.73 6.41 71.47 25.1
Investments 0.01 0.08 0.07 0.06 0.03
Loans & Advances 15.1 31.47 10.61 17.29 29.32
Other N/C Assets 0 0.15 0.52 1.08 5.14
Current Assets 355.34 393.4 475.38 397.57 404.44
Total Assets 880.83 1059.36 1437.52 1415.4 1621.43
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Profit Before Tax 32.65 54.3 92.72 130.97 121.99
Adjustment 49.67 71.7 54.72 72.91 92.89
Working Capital Changes -12.95 -47.01 59.59 74.32 -35.27
Tax Paid -6.23 -12.4 -17.58 -27.11 -23.04
Operating Cash Flow 63.14 66.59 189.46 251.1 156.57
Investing Cash Flow -110.15 -125.1 -300.12 -83.45 -234.18
Financing Cash Flow 48.01 57.5 118.97 -152.39 56.58
Net Cash Flow 1 -1.02 8.31 15.26 -21.03

Corporate Actions

Ratings & Research Reports

Company Presentations

Company News

Filatex India Stock Price Analysis and Quick Research Report. Is Filatex India an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Filatex India has a PE ratio of 21.1208564426674 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Filatex India has ROA of 7.99982191942671 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Filatex India has a Current ratio of 1.19098217206821 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Filatex India has a ROE of 22.8641062101716 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Filatex India has a D/E ratio of 1.2099 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Filatex India has an Inventory turnover ratio of 16.2667095595227 which shows that the management is efficient in relation to its Inventory and working capital management.

  • Sales growth: - Filatex India has reported revenue growth of -3.20201003598418 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Filatex India for the current financial year is 7.92931655088449 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Filatex India is Rs 0 and the yield is 0 %.

Brief about Filatex India

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