Ticker >

Maris Spinners share price

Maris Spinners Ltd.

BSE: 531503 SECTOR: Textile - Spinning  5775   15   0

33.68
+0.43 (1.29%)
BSE: 28 Mar 4:00 PM

Price Summary

Today's High

₹ 34.98

Today's Low

₹ 33

52 Week High

₹ 54.4

52 Week Low

₹ 32.41

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

26.69 Cr.

Enterprise Value

89.72 Cr.

No. of Shares

0.79 Cr.

P/E

0

P/B

1.25

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  26.98

CASH

0.26 Cr.

DEBT

63.28 Cr.

Promoter Holding

74.23 %

EPS (TTM)

₹  -13.52

Sales Growth

-13.86%

ROE

-29.91 %

ROCE

-11.67%

Profit Growth

-170.41 %

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

Your Added Ratios

Please login to Add & View your own added ratios.

Login

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-13.86%
3 Year6.29%
5 Year3.74%

Profit Growth

1 Year-172.44%
3 Year-250.62%
5 Year-261.11%

ROE%

1 Year-29.91%
3 Year13.98%
5 Year8.61%

ROCE %

1 Year-11.67%
3 Year15.22%
5 Year11.89%

Debt/Equity

2.0868

Price to Cash Flow

1.07

Interest Cover Ratio

-1.84538942787197

CFO/PAT (5 Yr. Avg.)

6.73948231174583

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 74.23 0
Sep 2023 74.23 0
Jun 2023 74.23 0
Mar 2023 74.23 0
Dec 2022 74.23 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 30.5635137990839 days.
  • The company has a high promoter holding of 74.23%.

 Limitations

  • The company has shown a poor profit growth of -245.036200582473% for the Past 3 years.
  • The company has shown a poor revenue growth of 6.29396691551578% for the Past 3 years.
  • Company has low Interest coverage ratio of -1.84538942787197.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 36.83 43.1 47.39 38.08 38.87
Total Expenditure 43.31 45.39 48.59 39.83 40.1
Operating Profit -6.48 -2.29 -1.19 -1.75 -1.24
Other Income 0.19 1.61 0 1.94 1.23
Interest 1.73 1.23 1.98 2.05 2.21
Depreciation 1.34 1.63 1.78 1.79 1.81
Exceptional Items 0 0 0 0 0
Profit Before Tax -9.35 -3.53 -4.95 -3.64 -4.03
Tax -3.06 -1.77 -1.44 -1.06 -1.17
Profit After Tax -6.29 -1.77 -3.51 -2.58 -2.86
Adjusted EPS (Rs) -7.94 -2.23 -4.43 -3.26 -3.6

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 129.89 122.23 106.02 170.4 146.8
Total Expenditure 121.22 118.75 90.77 140.51 154.7
Operating Profit 8.67 3.48 15.26 29.89 -7.91
Other Income 2.75 2.84 2.62 1.57 3.16
Interest 4.85 4.79 4.43 3.78 5.51
Depreciation 4.64 4.71 4.22 4.35 5.43
Exceptional Items 0 0 0 0 0
Profit Before Tax 1.93 -3.17 9.23 23.33 -15.69
Tax -0.55 -1.02 2.46 7.9 -4.83
Net Profit 2.48 -2.07 6.57 15.46 -11.2
Adjusted EPS (Rs.) 3.07 -2.67 8.39 19.47 -13.71

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 8.05 8.06 8.06 7.92 7.92
Total Reserves 16.04 13.02 19.59 34.39 22.4
Borrowings 6.86 6.14 10.16 20.72 32.37
Other N/C liabilities 0.44 -0.59 0.37 1.24 -3.51
Current liabilities 58.5 44.9 49.75 54.73 70.37
Total Liabilities 89.89 71.53 87.93 119.02 129.56
Assets
Net Block 27.77 25.19 27 32.02 65.71
Capital WIP 0.12 0.16 0.54 8.65 1.16
Intangible WIP 0 0 0 0 0
Investments 0.07 0.07 0.06 0.06 0.06
Loans & Advances 1.56 1.37 0.91 1.01 1.87
Other N/C Assets 2.1 2.1 2.1 4.16 2.38
Current Assets 58.27 42.65 57.32 73.12 58.37
Total Assets 89.89 71.53 87.93 119.02 129.56
* 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 1.82 -3.17 9.23 23.33 -15.69
Adjustment 9.18 9.09 7.8 7.63 10.22
Changes in Assets & Liabilities -12.36 5.84 -15.42 17.49 30.83
Tax Paid -0.15 0 -1 -5.65 -0.48
Operating Cash Flow -1.52 11.76 0.6 42.8 24.89
Investing Cash Flow -5.77 -1.81 -5.55 -19.48 -30.62
Financing Cash Flow -6.38 -6.14 -0.15 6.36 5.7
Net Cash Flow -13.68 3.81 -5.1 29.69 -0.03

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 74.23 74.23 74.23 74.23 74.23
anandkumar rengaswamy-huf... 12.62 12.62 12.62 12.62 12.62
g. ravindran-huf 3.15 - 3.15 3.15 3.15
geethanjali s 2.83 2.83 2.83 2.83 2.83
harigovind . - - 20.72 20.72 20.72
jayaraman karthik narayan... 8.54 8.54 8.54 8.54 8.54
krithya jayaraman 0.25 0.25 0.25 0.25 0.25
maris hotels and theatres... 4.10 4.10 4.10 4.10 4.10
raghuraman t 8.83 9.79 9.79 9.79 9.79
thangavelu jayaraman 5.66 6.62 6.62 6.62 6.62
thangavelu raghuraman-huf... 5.62 5.62 5.62 - 5.62
thangavelu raghuraman - h... - - - 5.62 -
anandkumar rengaswamy 20.72 20.72 - - -
g. ravindran - huf - 3.15 - - -
kamala t 1.92 - - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 25.77 25.77 25.77 25.77 25.77
investor education and pr... - 1.42 - - 1.56
rajesh nathmal kabra - 1.92 1.92 1.92 1.92
investor education and pr... 1.42 - 1.42 1.42 -

Annual Reports

Ratings & Research Reports

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Company News

Maris Spinners informs about board meeting 11 Mar 2024, 5:13PM Maris Spinners - Quaterly Results12 Feb 2024, 12:02PM Maris Spinners - Quaterly Results12 Feb 2024, 12:02PM Maris Spinners - Quaterly Results12 Feb 2024, 12:02PM Maris Spinners informs about board meeting 29 Jan 2024, 2:25PM Maris Spinners informs about press release9 Nov 2023, 3:16PM Maris Spinners - Quaterly Results7 Nov 2023, 1:17PM Maris Spinners - Quaterly Results7 Nov 2023, 1:17PM Maris Spinners - Quaterly Results7 Nov 2023, 1:17PM Maris Spinners informs about board meeting25 Oct 2023, 1:01PM Maris Spinners informs about proceedings of AGM 22 Sep 2023, 5:07PM Maris Spinners informs about board meeting proceedings16 Aug 2023, 5:22PM Maris Spinners - Quaterly Results11 Aug 2023, 11:57AM Maris Spinners - Quaterly Results11 Aug 2023, 11:57AM Maris Spinners informs about disclosure4 Jul 2023, 2:59PM Maris Spinners informs about disclosure22 Jun 2023, 5:14PM Maris Spinners informs about newspaper publications22 May 2023, 4:10PM Maris Spinners - Quaterly Results15 May 2023, 12:44PM Maris Spinners - Quaterly Results15 May 2023, 12:44PM Maris Spinners - Quaterly Results15 May 2023, 12:44PM Maris Spinners submits board meeting intimation20 Mar 2023, 12:32PM Maris Spinners - Quaterly Results6 Feb 2023, 12:29PM Maris Spinners - Quaterly Results6 Feb 2023, 12:29PM Maris Spinners - Quaterly Results6 Feb 2023, 12:29PM Maris Spinners informs about board meeting23 Jan 2023, 2:59PM Maris Spinners informs about minutes o EGM 30 Dec 2022, 12:17PM Maris Spinners informs about EGM 19 Dec 2022, 10:19AM Maris Spinners informs about disclosure of related party transactions16 Nov 2022, 9:53AM Maris Spinners informs about outcome of board meeting 7 Nov 2022, 1:32PM Maris Spinners informs about compliance certificate16 Sep 2022, 3:40PM Maris Spinners informs about newspaper publication16 Aug 2022, 4:43PM Maris Spinners informs about trading window closure1 Jul 2022, 12:23PM Maris Spinners informs about loss of share certificate21 Jun 2022, 10:26AM Maris Spinners informs about annual secretarial compliance report23 May 2022, 4:29PM Maris Spinners - Quaterly Results14 May 2022, 9:10PM Maris Spinners - Quaterly Results14 May 2022, 9:10PM Maris Spinners informs about board meeting14 Mar 2022, 4:42PM Maris Spinners informs about outcome of board meeting11 Feb 2022, 3:05PM Maris Spinners - Quaterly Results11 Feb 2022, 2:17PM Maris Spinners informs about clarification 12 Jan 2022, 9:59AM Maris Spinners submits newspaper publication18 Nov 2021, 12:24PM Maris Spinners informs about outcome of board meeting10 Nov 2021, 4:13PM Maris Spinners informs about scrutinizer report18 Sep 2021, 5:04PM Maris Spinners informs about proceedings of 42nd AGM18 Sep 2021, 11:32AM Maris Spinners informs about board meeting16 Aug 2021, 9:53AM Maris Spinners informs about confirmation certificate12 Jul 2021, 12:00PM Maris Spinners informs about newspaper advertisement5 Jul 2021, 2:41PM Maris Spinners informs about dividend2 Jul 2021, 4:26PM Maris Spinners submits audited financial results 1 Jul 2021, 10:52AM Maris Spinners submits standalone audited accounts 1 Jul 2021, 10:42AM

Maris Spinners Stock Price Analysis and Quick Research Report. Is Maris 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). Maris Spinners has a PE ratio of -2.49187993400365 which is low and comparatively undervalued .

  • Share Price: - The current share price of Maris Spinners is Rs 33.68. One can use valuation calculators of ticker to know if Maris 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. Maris Spinners has ROA of -8.7409007617312 % 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. Maris Spinners has a Current ratio of 0.829455491623549 .

  • 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. Maris Spinners has a ROE of -29.9100001927191 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Maris Spinners has a D/E ratio of 2.0868 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. Maris Spinners has an Inventory turnover ratio of 3.37982902283303 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Maris Spinners has reported revenue growth of -13.8550169097449 % 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 Maris Spinners for the current financial year is -5.38532961931292 %.

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

Last Updated on:
Brief about Maris Spinners
X