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Minaxi Textiles share price

Minaxi Textiles Ltd.

BSE: 531456 SECTOR: Textile  8165   21   1

2.46
+0.01 (0.41%)
BSE: Today, 03:44 PM

Price Summary

Today's High

₹ 2.54

Today's Low

₹ 2.4

52 Week High

₹ 4.35

52 Week Low

₹ 1.21

FinStar is Suspended!

FinStar can not be assigned to this company due to its dicey outlook and insufficient data. We will update the FinStar for this company as soon as the data is updated from its end.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

12.16 Cr.

Enterprise Value

32.5 Cr.

No. of Shares

4.94 Cr.

P/E

0

P/B

2.73

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  0.9

CASH

0.03 Cr.

DEBT

20.37 Cr.

Promoter Holding

38.34 %

EPS (TTM)

₹  -0.73

Sales Growth

-6.09%

ROE

-71.03 %

ROCE

-20.54%

Profit Growth

-290.59 %

* 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

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* 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-6.09%
3 Year20.43%
5 Year-11.8%

Profit Growth

1 Year-290.59%
3 Year-474.22%
5 Year-255.14%

ROE%

1 Year-71.03%
3 Year-31.8%
5 Year-18.7%

ROCE %

1 Year-20.54%
3 Year-6.24%
5 Year-0.71%

Debt/Equity

3.4374

Price to Cash Flow

4.15

Interest Cover Ratio

-2.83148763381322

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 38.34 0
Dec 2023 38.13 0
Sep 2023 37.98 0
Jun 2023 37.98 0
Mar 2023 37.85 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 20.4336606214385% for the Past 3 years.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 221.303568318391.

 Limitations

  • The company has shown a poor profit growth of -474.215179870378% for the Past 3 years.
  • Company has a poor ROE of -31.7989634185932% over the past 3 years.
  • Company has a poor ROCE of -6.24000787567968% over the past 3 years
  • Company has high Debt to Equity ratio of 3.4374.
  • Company has low Interest coverage ratio of -2.83148763381322.
  • The company has a low EBITDA margin of 3.79292519710515% over the past 5 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 6.03 6.86 9.65 8.26 7.56
Total Expenditure 6.8 9.01 9.18 8.04 9.35
Operating Profit -0.77 -2.15 0.48 0.23 -1.79
Other Income 0 -0.03 0.83 -0.01 0
Interest 0.69 0.57 0.32 0.3 0.41
Depreciation 0.15 0.15 0.15 0.15 0.15
Exceptional Items 0 0 0 0 0
Profit Before Tax -1.6 -2.89 0.83 -0.23 -2.35
Tax -0.4 -0.73 0.2 0.1 -0.59
Profit After Tax -1.2 -2.16 0.63 -0.33 -1.76
Adjusted EPS (Rs) -0.24 -0.44 0.13 -0.07 -0.36

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 44.38 16.72 14.8 31.11 29.21
Total Expenditure 39.3 13.89 13.71 30.4 34.77
Operating Profit 5.08 2.83 1.09 0.71 -5.56
Other Income 0.1 0.04 0.06 0.08 0.04
Interest 3.13 2.19 2.44 2.22 2.17
Depreciation 1.88 0.67 0.64 0.63 0.62
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.16 0.02 -1.93 -2.06 -8.3
Tax 0 -0.1 -0.32 -0.47 -2.09
Net Profit 0.16 0.12 -1.6 -1.59 -6.21
Adjusted EPS (Rs.) 0.03 0.02 -0.32 -0.32 -1.26

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 5.56 5.56 5.56 5.56 4.94
Total Reserves 9.73 9.82 8.2 6.63 0.98
Borrowings 2.01 5.4 6.76 11.58 11.76
Other N/C liabilities 0.88 0.77 0.38 -0.11 -2.2
Current liabilities 24.82 20.17 20.85 16.46 18.49
Total Liabilities 43 41.71 41.75 40.12 33.97
Assets
Net Block 11.18 10.24 9.5 8.78 8.17
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 0.28 0.19 0.19 0.18 0.18
Other N/C Assets 0.33 0.36 0.38 0.24 0.01
Current Assets 31.21 30.92 31.68 30.91 25.6
Total Assets 43 41.71 41.75 40.12 33.97
* 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 0.16 0.02 -1.93 -2.06 -8.3
Adjustment 5.03 2.95 3.04 2.82 2.72
Changes in Assets & Liabilities 4.46 -3.16 -1.51 4 8.56
Tax Paid -0.48 -0.03 -0.01 -0.07 -0.04
Operating Cash Flow 9.17 -0.23 -0.41 4.68 2.93
Investing Cash Flow 0.07 0.14 0.13 0.13 0.01
Financing Cash Flow -9.33 0 0.3 -4.69 -3.07
Net Cash Flow -0.1 -0.09 0.02 0.13 -0.13

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 37.85 37.98 37.98 38.13 38.34
dineshkumar patel 18.07 18.13 18.13 18.21 18.31
kiritkumar patel 18.07 18.13 18.13 18.21 18.31
patel nirmal b 1.72 1.72 1.72 1.72 1.72
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 62.15 62.02 62.02 61.87 61.66
shardaben mahendrakumar p... - - - - 1.98
suman shyamlal asrani 1.50 1.50 1.50 - 1.50
minaxi textiles limited u... 2.66 2.66 2.62 2.62 -
shardaben mahendra kumar ... - 1.25 1.52 - -
suman chepuri 1.58 1.20 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Minaxi Textiles informs about disclosures 21 Mar 2024, 5:07PM Minaxi Textiles informs about newspaper publication 2 Mar 2024, 3:29PM Minaxi Textiles informs about disclosures29 Feb 2024, 4:59PM Minaxi Textiles informs about disclosure.26 Feb 2024, 3:19PM Minaxi Textiles - Quaterly Results6 Feb 2024, 4:31PM Minaxi Textiles - Quaterly Results6 Feb 2024, 4:31PM Minaxi Textiles - Quaterly Results6 Feb 2024, 4:31PM Minaxi Textiles informs about closure of trading window1 Jan 2024, 4:26PM Minaxi Textiles informs about disclosure 8 Dec 2023, 11:05AM Minaxi Textiles informs about disclosure 1 Dec 2023, 3:30PM Minaxi Textiles informs about disclosures1 Dec 2023, 12:57PM Minaxi Textiles informs about disclosure 28 Nov 2023, 12:26PM Minaxi Textiles informs about disclosure 28 Nov 2023, 12:23PM Minaxi Textiles informs about voting results and scrutinizer's report 27 Sep 2023, 10:05AM Minaxi Textiles informs about press release18 Aug 2023, 12:45PM Minaxi Textiles - Quaterly Results12 Aug 2023, 12:00PM Minaxi Textiles informs about disclosure 24 Jun 2023, 11:48AM Minaxi Textiles informs about disclosure 24 Jun 2023, 11:47AM Minaxi Textiles informs about disclosure 6 Jun 2023, 12:14PM Minaxi Textiles informs about disclosures 2 Jun 2023, 12:31PM Minaxi Textiles - Quaterly Results23 May 2023, 4:42PM Minaxi Textiles - Quaterly Results23 May 2023, 4:42PM Minaxi Textiles informs about confirmation certificate12 Apr 2023, 2:16PM Minaxi Textiles - Quaterly Results10 Feb 2023, 4:19PM Minaxi Textiles - Quaterly Results10 Feb 2023, 4:19PM Minaxi Textiles - Quaterly Results10 Feb 2023, 4:19PM Minaxi Textiles - Quaterly Results11 Nov 2022, 12:21PM Minaxi Textiles informs about disclosure 2 Sep 2022, 4:29PM Minaxi Textiles informs about disclosure25 Aug 2022, 4:47PM Minaxi Textiles - Quaterly Results10 Aug 2022, 12:12PM Minaxi Textiles - Quaterly Results10 Aug 2022, 12:12PM Minaxi Textiles informs about disclosure27 Jun 2022, 11:33AM Minaxi Textiles - Quaterly Results26 May 2022, 4:47PM Minaxi Textiles informs about disclosure11 May 2022, 4:52PM Minaxi Textiles informs about closure of trading window20 Oct 2021, 5:02PM Minaxi Textiles informs about compliance certificate7 Oct 2021, 4:02PM Minaxi Textiles informs about decisions taken in board meeting25 Jun 2021, 5:25PM Minaxi Textiles informs about board meeting17 Jun 2021, 3:08PM Minaxi Textiles informs about voting results12 Jan 2021, 4:41PM Minaxi Textiles informs about newspaper publication30 Oct 2020, 1:05PM Minaxi Textiles fixes record date for forthcoming AGM23 Oct 2020, 1:31PM Minaxi Textiles informs about company updates14 Sep 2020, 3:49PM Minaxi Textiles informs about compliance certificate13 May 2020, 12:28PM

Minaxi Textiles Stock Price Analysis and Quick Research Report. Is Minaxi Textiles 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). Minaxi Textiles has a PE ratio of -3.35424052358876 which is low and comparatively undervalued .

  • Share Price: - The current share price of Minaxi Textiles is Rs 2.46. One can use valuation calculators of ticker to know if Minaxi Textiles 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. Minaxi Textiles has ROA of -16.771225880295 % 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. Minaxi Textiles has a Current ratio of 1.38463618711768 .

  • 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. Minaxi Textiles has a ROE of -71.0302171104531 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Minaxi Textiles has a D/E ratio of 3.4374 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. Minaxi Textiles has an Inventory turnover ratio of 2.20086720989719 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Minaxi Textiles has reported revenue growth of -6.09329942809014 % 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 Minaxi Textiles for the current financial year is -19.0473419168872 %.

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

Last Updated on:
Brief about Minaxi Textiles
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