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Deepak Spinners share price

Deepak Spinners Ltd.

NSE: DEEPAKSPIN BSE: 514030 SECTOR: Textile - Spinning  21k   74   1

236.50
+2.35 (1.00%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 239.7

Today's Low

₹ 231.25

52 Week High

₹ 320

52 Week Low

₹ 202

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

169.47 Cr.

Enterprise Value

216.86 Cr.

No. of Shares

0.72 Cr.

P/E

16.6

P/B

0.71

Face Value

₹ 10

Div. Yield

1.07 %

Book Value (TTM)

₹  332.07

CASH

0.92 Cr.

DEBT

48.31 Cr.

Promoter Holding

45.73 %

EPS (TTM)

₹  14.25

Sales Growth

5.61%

ROE

18.54 %

ROCE

21.54%

Profit Growth

2.04 %

* 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 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year5.61%
3 Year6.81%
5 Year5.02%

Profit Growth

1 Year2.04%
3 Year39.13%
5 Year47.69%

ROE%

1 Year18.54%
3 Year16.99%
5 Year14.58%

ROCE %

1 Year21.54%
3 Year19.62%
5 Year16.12%

Debt/Equity

0.2051

Price to Cash Flow

4.06

Interest Cover Ratio

19.7843457700198

CFO/PAT (5 Yr. Avg.)

1.55572579940944

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 45.73 0
Dec 2023 45.67 0
Sep 2023 45.67 0
Jun 2023 45.67 0
Mar 2023 45.67 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has a healthy Interest coverage ratio of 19.7843457700198.
  • The company has an efficient Cash Conversion Cycle of 53.281404645555 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.55572579940944.

 Limitations

  • The company has shown a poor revenue growth of 6.8110130634808% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 140.04 107.91 113.07 133.12 116.11
Total Expenditure 124.14 95.7 105.11 125.4 112.1
Operating Profit 15.9 12.21 7.96 7.72 4.01
Other Income 0.52 0.95 0.37 1.03 0.55
Interest 0.58 0.92 1.23 1.1 0.87
Depreciation 4.37 3.98 4.08 4.18 4.32
Exceptional Items 0 0 0 0 0
Profit Before Tax 11.47 8.26 3.02 3.47 -0.63
Tax 2.91 2.28 0.82 0.93 -0.12
Profit After Tax 8.56 5.98 2.2 2.54 -0.51
Adjusted EPS (Rs) 11.91 8.32 3.06 3.53 -0.71

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 474.69 460.68 396.57 531.54 561.36
Total Expenditure 434.94 426.09 354.84 462.12 491.03
Operating Profit 39.74 34.59 41.73 69.42 70.34
Other Income 3.97 3.3 1.86 3.23 2.58
Interest 10.42 9.39 6.29 4.38 2.88
Depreciation 16.01 16.09 16.05 15.68 16.01
Exceptional Items 2.96 0 0 0 0
Profit Before Tax 20.25 12.41 21.25 52.59 54.02
Tax 6.51 -2.47 5.56 13.3 13.93
Net Profit 13.73 14.89 15.69 39.29 40.09
Adjusted EPS (Rs.) 19.1 20.7 21.82 54.64 55.76

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 7.2 7.19 7.19 7.19 7.19
Total Reserves 123.93 136.27 151.83 189.79 228.36
Borrowings 38.23 24.89 14.57 8.91 3.62
Other N/C liabilities 22.92 17.15 17.32 14.62 15.03
Current liabilities 129.55 110.21 77.45 83.99 94.51
Total Liabilities 321.84 295.71 268.35 304.49 348.71
Assets
Net Block 176.66 167.9 152.84 150.44 179.65
Capital WIP 0.79 0.78 3.16 0.74 3.7
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0.02 0.02
Loans & Advances 3.26 2.95 2.72 20.18 12.72
Other N/C Assets 0.15 0.11 0.11 0.28 0.18
Current Assets 140.99 123.97 109.52 132.84 152.44
Total Assets 321.84 295.71 268.35 304.49 348.71
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 20.25 12.41 21.25 52.59 54.02
Adjustment 27.01 23.63 21.56 19.97 17.17
Changes in Assets & Liabilities -10.55 13.67 2.06 -18.78 -15.57
Tax Paid -7.58 -5.74 -6.1 -14.95 -13.9
Operating Cash Flow 29.12 43.96 38.77 38.83 41.73
Investing Cash Flow -3.65 -3.28 -1.97 -26.18 -37.47
Financing Cash Flow -25.24 -41.33 -36.55 -13.15 -3.97
Net Cash Flow 0.24 -0.64 0.24 -0.5 0.29

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 45.67 45.67 45.67 45.67 45.73
asha devi daga 0.01 0.01 0.01 0.01 0.01
contransys private limite... 5.59 5.59 5.59 5.59 5.59
coplama products pvt. ltd... 0.69 0.69 0.69 0.69 0.69
jalpaiguri holdings pvt l... 5.56 5.56 5.56 5.56 5.56
mangalam engg. projects l... 12.09 12.09 12.09 12.09 12.09
nandini daga 4.05 4.05 4.05 4.05 4.05
pradip kumar daga huf 2.10 2.10 2.10 2.10 2.10
pradip kumar daga partner... 1.44 1.44 1.44 1.44 1.44
shantanu daga 0.41 0.41 0.41 0.41 0.41
yashwant kumar daga 13.72 13.72 13.72 13.72 13.78
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 54.33 54.33 54.33 54.33 54.27
dolly khanna 1.16 1.65 1.65 1.83 1.77
investor education and pr... - - - - 4.56
m. p. state industrial de... 4.44 4.44 4.44 4.44 4.44
sangeeta s. 3.81 3.81 3.81 3.81 3.81
shekhar r. athalye huf 1.28 1.28 1.28 1.28 1.28
investor education and pr... - 4.56 4.56 4.56 -
rajendra prasad bajaj 1.05 1.05 1.05 - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Deepak Spinners informs about loss of share certificates 15 Mar 2024, 2:51PM Deepak Spinners informs about loss of share certificates28 Feb 2024, 3:23PM Deepak Spinners informs about issuance of letters of confirmation22 Feb 2024, 4:47PM Deepak Spinners informs about details of loss of certificate 21 Feb 2024, 5:05PM Deepak Spinners informs about issue of duplicate share certificates17 Feb 2024, 3:27PM Deepak Spinners - Quaterly Results9 Feb 2024, 4:58PM Deepak Spinners - Quaterly Results9 Feb 2024, 4:58PM Deepak Spinners - Quaterly Results9 Feb 2024, 4:58PM Deepak Spinners informs about loss of share certificates12 Jan 2024, 4:12PM Deepak Spinners informs about change in management16 Dec 2023, 3:40PM Deepak Spinners informs about issuance of duplicate share certificates24 Nov 2023, 5:18PM Deepak Spinners informs about loss of share certificates5 Oct 2023, 2:50PM Deepak Spinners informs about loss of share certificates20 Sep 2023, 2:23PM Deepak Spinners informs about loss of share certificate 16 Sep 2023, 3:45PM Deepak Spinners - Quaterly Results8 Aug 2023, 5:31PM Deepak Spinners - Quaterly Results8 Aug 2023, 5:31PM Deepak Spinners informs about loss of share certificate 25 Jul 2023, 4:54PM Deepak Spinners informs about loss of share certificates25 Jul 2023, 4:28PM Deepak Spinners informs about compliance certificate15 Jul 2023, 4:25PM Deepak Spinners informs about newspaper advertisement17 Jun 2023, 2:17PM Deepak Spinners submits annual report16 Jun 2023, 2:27PM Deepak Spinners informs about AGM16 Jun 2023, 2:17PM Deepak Spinners informs about issuance of letters of confirmation12 Jun 2023, 5:15PM Deepak Spinners - Quaterly Results24 May 2023, 6:56PM Deepak Spinners - Quaterly Results24 May 2023, 6:56PM Deepak Spinners informs about details of loss of certificate 29 Mar 2023, 4:57PM Deepak Spinners informs about loss of share certificate15 Mar 2023, 3:07PM Deepak Spinners informs about loss of share certificate10 Mar 2023, 12:34PM Deepak Spinners informs about loss of share certificate 6 Mar 2023, 4:35PM Deepak Spinners informs about loss of share certificates24 Feb 2023, 2:57PM Deepak Spinners informs about issuance of duplicate share certificates17 Feb 2023, 4:55PM Deepak Spinners - Quaterly Results10 Feb 2023, 5:13PM Deepak Spinners - Quaterly Results10 Feb 2023, 5:13PM Deepak Spinners informs about loss of share certificates23 Jan 2023, 2:21PM Deepak Spinners informs about loss of share certificates21 Dec 2022, 4:29PM Deepak Spinners informs about issuance of letters of confirmation19 Nov 2022, 3:06PM Deepak Spinners - Quaterly Results9 Nov 2022, 4:46PM Deepak Spinners - Quaterly Results9 Nov 2022, 4:46PM Deepak Spinners - Quaterly Results9 Nov 2022, 4:46PM Deepak Spinners informs about loss of share certificate 31 Oct 2022, 4:39PM Deepak Spinners nforms about alteration in nomenclature of designation of MD28 Sep 2022, 4:58PM Deepak Spinners informs about loss of share certificates8 Sep 2022, 1:03PM Deepak Spinners informs about loss of share certificates23 Aug 2022, 4:39PM Deepak Spinners informs about newspaper publication20 Aug 2022, 3:51PM Deepak Spinners - Quaterly Results10 Aug 2022, 5:07PM Deepak Spinners informs about issuance of duplicate share certificate 27 Jul 2022, 5:02PM Deepak Spinners informs about loss of share certificate6 Jun 2022, 2:56PM Deepak Spinners informs about loss of share certificate2 Jun 2022, 3:51PM Deepak Spinners informs about disclosures12 May 2022, 2:53PM Deepak Spinners - Quaterly Results10 May 2022, 4:44PM

Deepak Spinners Stock Price Analysis and Quick Research Report. Is Deepak Spinners 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). Deepak Spinners has a PE ratio of 16.3530576006625 which is high and comparatively overvalued .

  • Share Price: - The current share price of Deepak Spinners is Rs 233. One can use valuation calculators of ticker to know if Deepak Spinners share price is undervalued or 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. Deepak Spinners has ROA of 12.2741088013232 % 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. Deepak Spinners has a Current ratio of 1.61291745891674 .

  • 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. Deepak Spinners has a ROE of 18.5362010105274 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Deepak Spinners has a D/E ratio of 0.2051 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. Deepak Spinners has an Inventory turnover ratio of 6.28067052696594 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Deepak Spinners has reported revenue growth of 5.61132880257487 % 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 Deepak Spinners for the current financial year is 12.5295641772221 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Deepak Spinners is Rs 2.5 and the yield is 1.0776 %.

Last Updated on:
Brief about Deepak Spinners
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