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Salona Cotspin share price

Salona Cotspin Ltd.

NSE: SALONA BSE: 590056 SECTOR: Textile - Spinning  11k   18   0

284.20
-3.50 (-1.22%)
BSE: 19 Apr 04:01 PM

Price Summary

Today's High

₹ 293.7

Today's Low

₹ 251

52 Week High

₹ 383

52 Week Low

₹ 220

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
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

149.56 Cr.

Enterprise Value

305.91 Cr.

No. of Shares

0.53 Cr.

P/E

17.87

P/B

1.9

Face Value

₹ 10

Div. Yield

0.42 %

Book Value (TTM)

₹  149.57

CASH

0.8 Cr.

DEBT

157.15 Cr.

Promoter Holding

67.09 %

EPS (TTM)

₹  15.9

Sales Growth

-24.75%

ROE

26.77 %

ROCE

13.88%

Profit Growth

-11.22 %

* 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 Year-24.75%
3 Year58.69%
5 Year35.44%

Profit Growth

1 Year-11.03%
3 Year148.38%
5 Year47.78%

ROE%

1 Year26.77%
3 Year28.7%
5 Year19.03%

ROCE %

1 Year13.88%
3 Year16.31%
5 Year12.95%

Debt/Equity

2.1185

Price to Cash Flow

-29.82

Interest Cover Ratio

3.15477646708434

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 67.09 0
Sep 2023 67.09 0
Jun 2023 67.09 0
Mar 2023 66.36 0
Dec 2022 65.98 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 146.466758085662% for the Past 3 years.
  • The company has shown a good revenue growth of 58.6877467156276% for the Past 3 years.
  • Company has been maintaining healthy ROE of 28.6978641172255% over the past 3 years.
  • The company has a high promoter holding of 67.09%.

 Limitations

  • Company has negative cash flow from operations of -5.0147.
  • Tax rate is low at 13.2705094852821.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 92.18 146.99 140.56 208.88 206.42
Total Expenditure 84.58 141.98 134.22 198.6 199.5
Operating Profit 7.6 5.01 6.35 10.28 6.91
Other Income 0.06 0.08 0.01 0.05 0.09
Interest 2.54 3.53 2.76 4.21 5.53
Depreciation 1.24 1.26 1.38 2.5 0.26
Exceptional Items 0 0 0 0 0
Profit Before Tax 3.88 0.31 2.21 3.62 1.21
Tax 1.26 -2.83 0.16 1.89 -0.24
Profit After Tax 2.62 3.14 2.06 1.73 1.44
Adjusted EPS (Rs) 4.98 5.97 3.91 3.29 2.74

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 132.87 121.85 230.13 647.08 486.91
Total Expenditure 122.81 113.3 215.36 609.68 452.08
Operating Profit 10.06 8.54 14.76 37.4 34.83
Other Income 0.1 0.08 0.11 0.06 0.29
Interest 4.01 4.08 4.46 7.38 9.4
Depreciation 3.85 2.65 2.66 3.33 5.47
Exceptional Items 0 0 0 0 0
Profit Before Tax 2.3 1.9 7.76 26.75 20.26
Tax 0.67 0.73 1.56 6.96 2.69
Net Profit 1.68 1.15 5.93 19.75 17.57
Adjusted EPS (Rs.) 3.1 2.23 11.78 37.6 33.39

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 5.33 5.33 5.33 5.33 5.33
Total Reserves 25.99 26.76 32.69 51.91 68.85
Borrowings 8.68 6.51 11.95 27.3 35.63
Other N/C liabilities 1.37 1.84 2.37 4.14 4.82
Current liabilities 48.53 42.87 85.97 139.28 155.56
Total Liabilities 89.9 83.31 138.31 227.96 270.19
Assets
Net Block 25.74 23.92 26.64 42.81 40.55
Capital WIP 0.6 0 0 0 0.27
Intangible WIP 0 0 0 0 0
Investments 0.24 0.01 0.01 0.01 0.01
Loans & Advances 1.61 2.35 1.65 1.66 16.23
Other N/C Assets 0 0 0 0 0
Current Assets 61.71 57.03 110.02 183.49 213.14
Total Assets 89.9 83.31 138.31 227.96 270.19
* 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 2.35 1.87 7.49 26.71 20.26
Adjustment 7.8 6.64 7.06 10.73 14.78
Changes in Assets & Liabilities -3.21 6.09 -37 -66.82 -37.89
Tax Paid -0.51 -0.31 -1.27 -5.4 -2.16
Operating Cash Flow 6.42 14.3 -23.72 -34.78 -5.01
Investing Cash Flow -10.04 0.08 -5.32 -19.51 -3.39
Financing Cash Flow 3.65 -14.26 29.05 54.16 8.39
Net Cash Flow 0.03 0.12 0.01 -0.13 -0.01

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 65.98 66.36 67.09 67.09 67.09
anshu agarwal - 0.19 0.19 0.19 0.19
arun kumar jhajharia - 6.21 6.28 6.28 6.28
arun kumar jhajharia huf - 0.57 0.57 0.57 0.57
indu agarwal - 3.63 3.67 3.67 3.67
kavita kejriwal - 0.30 0.30 0.30 0.30
krishna agarwal - 8.38 8.47 8.47 8.47
mahesh agarwal - 4.88 4.94 4.94 4.94
mahesh kumar agarwal - 0.06 0.06 0.06 0.06
manoj kumar jhajharia - 5.87 5.93 5.93 5.93
manoj kumar jhajharia huf... - 0.30 0.30 0.30 0.30
parvati agarwal - 0.27 0.28 0.28 0.28
pista devi jhajharia - - - - 6.18
pramod kumar jhajharia - 5.90 5.97 5.97 5.97
pramod kumar jhajharia hu... - 0.23 0.23 0.23 0.23
raghav agarwal - 2.34 2.37 2.37 2.37
sabita agarwal - 4.22 4.26 4.26 4.26
saloni agarwal - 2.23 2.25 2.25 2.25
santosh kumar agarwal - 0.56 0.57 0.57 0.57
sheli agarwal - 4.26 4.31 4.31 4.31
shyamlal agarwala - 8.07 - 8.16 8.16
shyamlal agarwala huf - - - 0.78 0.78
sunita devi agarwal - 0.38 0.38 0.38 0.38
umesh kumar agarwal - 0.56 0.57 0.57 0.57
umesh kumar agarwal huf - 0.06 0.06 0.06 0.06
pistadevi jhajharia - 6.12 6.18 6.18 -
shyamlal agarwal - - 8.16 - -
shyamlal agarwal huf - 0.77 0.78 - -
anshu agarwal 0.19 - - - -
arun kumar jhajharia 6.28 - - - -
indu agarwal 3.67 - - - -
kavita kejriwal 0.30 - - - -
krishna agarwal 8.47 - - - -
mahesh agarwal 4.94 - - - -
mahesh kumar agarwal 0.06 - - - -
manoj kumar jhajharia 5.93 - - - -
parvati agarwal 0.28 - - - -
pistadevi jhajharia 6.18 - - - -
pramod kumar jhajharia 5.97 - - - -
raghav agarwal 2.37 - - - -
sabita agarwal 4.26 - - - -
saloni agarwal 2.25 - - - -
santosh kumar agarwal 0.57 - - - -
sheli agarwal 4.31 - - - -
shyamlal agarwal huf 0.78 - - - -
shyamlal agarwala 8.16 - - - -
sunita devi agarwal 0.38 - - - -
umesh kumar agarwal 0.57 - - - -
umesh kumar agarwal huf 0.06 - - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 34.02 33.64 32.91 32.91 32.91
haresh kashinath bhobe - - 2.77 - 2.83
hema tejas gandhi - - 1.60 - 1.60
investor education and pr... - 2.07 2.09 - 2.11
kuheli dealcom private li... - - 3.52 - 3.52
llp - - - - 0.03
pansari textiles & invest... - - - - 3.80
pawan haresh bhobe - - 1.19 - 1.21
haresh kashinath bhobe 2.69 - - 2.81 -
hema tejas gandhi 1.60 - - 1.60 -
investor education and pr... - - - 2.09 -
kuheli dealcom private li... - - - 3.52 -
pansari textiles & invest... 3.80 - - 3.80 -
pawan haresh bhobe 1.15 - - 1.19 -
pansari textiles and inve... - - 3.80 - -
kuheli dealcom pvt ltd 3.52 - - - -

Annual Reports

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Ratings & Research Reports

Company Presentations

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Salona Cotspin Stock Price Analysis and Quick Research Report. Is Salona Cotspin 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). Salona Cotspin has a PE ratio of 18.0684633474603 which is high and comparatively overvalued .

  • Share Price: - The current share price of Salona Cotspin is Rs 287.35. One can use valuation calculators of ticker to know if Salona Cotspin 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. Salona Cotspin has ROA of 7.05387627150763 % 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. Salona Cotspin has a Current ratio of 1.37016613298996 .

  • 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. Salona Cotspin has a ROE of 26.7650166087398 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Salona Cotspin has a D/E ratio of 2.1185 which means that the company has high 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. Salona Cotspin has an Inventory turnover ratio of 8.15682713851953 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Salona Cotspin has reported revenue growth of -24.752511357943 % 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 Salona Cotspin for the current financial year is 7.15409121491458 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Salona Cotspin is Rs 1.2 and the yield is 0.4145 %.

Last Updated on:
Brief about Salona Cotspin
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