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Last Updated on: 19 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Eurotex Industries and Exports Ltd

About the Company - Eurotex Industries and Exports Ltd

Eurotex Industries & Exports Ltd. is a Public Limited Listed company incorporated on 16/02/1987 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L70200MH1987PLC042598 and registration number is 042598. Currently Company is involved in the business activities of Preparation and spinning of cotton fiber including blended* cotton. Company’s Total Operating Revenue is Rs. 2.25 Cr. and Equity Capital is Rs. 8.74 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Spinning - Cotton Blended1110, Raheja Chambers, 11th Floor, Mumbai Maharashtra 400021companysecretary@eurotexgroup.com
https://www.eurotexgroup.in
Management
NamePosition Held
Mr. Krishan Kumar PatodiaChairman & Managing Director
Mr. Narayan PatodiaManaging Director
Mr. Rajiv PatodiaExecutive Director & CFO
Mr. Hariprasad SiotiaNon Exe.Non Ind.Director
Mr. V K GuptaInd. Non-Executive Director
Mr. Ashwinikumar L DaveInd. Non-Executive Director
Mrs. Hema ThakurInd. Non-Executive Director

Basic Stock Data of Eurotex Industries and Exports Ltd

Last Updated: June 17, 2024, 8:34 pm

Market Cap 12.5 Cr.
Current Price 14.3
High / Low22.0/10.0
Stock P/E
Book Value 30.2
Dividend Yield0.00 %
ROCE24.5 %
ROE%
Face Value 10.0
PEG Ratio0.00

Eurotex Industries and Exports Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales8.645.952.030.210.000.010.010.000.005.710.000.000.00
Expenses12.7211.503.391.831.702.701.171.311.351.671.101.091.13
Operating Profit-4.08-5.55-1.36-1.62-1.70-2.69-1.16-1.31-1.354.04-1.10-1.09-1.13
OPM %-47.22%-93.28%-67.00%-771.43%-26,900.00%-11,600.00%70.75%
Other Income0.337.570.270.310.661.310.780.530.410.530.870.170.33
Interest1.130.040.600.640.640.670.670.680.660.650.650.650.65
Depreciation0.920.900.830.840.830.800.800.810.790.760.740.720.71
Profit before tax-5.801.08-2.52-2.79-2.51-2.85-1.85-2.27-2.393.16-1.62-2.29-2.16
Tax %-10.69%25.00%0.00%0.00%0.00%-36.14%2.16%1.32%7.11%-17.09%2.47%10.92%9.26%
Net Profit-6.420.81-2.52-2.78-2.51-3.89-1.81-2.24-2.223.70-1.58-2.04-1.96
EPS in Rs-7.340.93-2.88-3.18-2.87-4.45-2.07-2.56-2.544.23-1.81-2.33-2.24

Last Updated: June 10, 2024, 12:50 pm

Eurotex Industries and Exports Ltd Quarterly Chart

Eurotex Industries and Exports Ltd Profit & Loss

Last Updated: June 2, 2024, 1:35 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales257.55283.15344.29280.57233.92188.63252.05196.7542.0623.642.255.725.71
Expenses250.76264.08314.81270.38228.76190.12256.70204.1762.9539.789.525.495.21
Operating Profit6.7919.0729.4810.195.16-1.49-4.65-7.42-20.89-16.14-7.270.230.50
OPM %2.64%6.73%8.56%3.63%2.21%-0.79%-1.84%-3.77%-49.67%-68.27%-323.11%4.02%8.76%
Other Income22.760.420.471.501.671.211.141.407.5411.022.552.241.98
Interest12.1110.0310.1010.448.107.547.797.364.743.272.652.662.61
Depreciation10.039.879.604.624.454.203.983.913.713.663.303.163.01
Profit before tax7.41-0.4110.25-3.37-5.72-12.02-15.28-17.29-21.80-12.05-10.67-3.35-3.14
Tax %-12.55%-336.59%45.66%4.15%5.77%2.75%7.26%1.21%13.94%2.66%-9.65%23.28%
Net Profit8.34-1.805.57-3.23-5.38-11.68-14.17-17.07-18.76-11.73-11.70-2.57-2.14
EPS in Rs9.53-2.066.37-3.69-6.15-13.35-16.19-19.51-21.44-13.41-13.37-2.94-2.45
Dividend Payout %0.00%0.00%7.85%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Eurotex Industries and Exports Ltd Profit & Loss Yearly Chart

Eurotex Industries and Exports Ltd Growth

Compounded Sales Growth
10 Years:-47%
5 Years:-68%
3 Years:-70%
TTM:-89%
Compounded Profit Growth
10 Years:%
5 Years:10%
3 Years:19%
TTM:-108%
Stock Price CAGR
10 Years:-6%
5 Years:1%
3 Years:13%
1 Year:2%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: June 17, 2024, 3:04 pm

Eurotex Industries and Exports Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital8.748.748.748.748.748.748.748.748.748.748.748.748.74
Reserves57.4555.5860.5755.6550.2747.3432.8615.38-4.46-15.71-25.23-28.30-31.51
Preference Capital0.000.000.000.000.000.005.005.005.005.005.005.00
Borrowings72.5577.5364.2658.7541.8046.5347.5629.0423.8024.3633.0833.0838.05
Other Liabilities51.4050.3359.2243.6339.1265.7064.9759.7645.2733.3131.7330.2826.31
Total Liabilities190.14192.18192.79166.77139.93168.31154.13112.9273.3550.7048.3243.8041.59
Fixed Assets85.6078.4175.8073.0769.2965.4061.3157.4950.9839.5736.0932.8730.12
CWIP0.430.011.660.050.050.050.000.000.000.000.000.000.00
Investments3.183.183.183.183.1813.8313.2212.501.101.944.813.273.74
Other Assets100.93110.58112.1590.4767.4189.0379.6042.9321.279.197.427.667.73
Total Assets190.14192.18192.79166.77139.93168.31154.13112.9273.3550.7048.3243.8041.59

Eurotex Industries and Exports Ltd Reserves and Borrowings Chart

Eurotex Industries and Exports Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 19.045.7430.3317.3423.75-1.330.3723.40-6.41-16.88-7.471.06
Cash from Investing Activity 24.35-1.97-7.25-1.810.650.560.940.7716.2519.031.400.81
Cash from Financing Activity -43.17-4.14-23.02-15.51-24.311.29-0.90-25.25-9.50-2.386.42-2.40
Net Cash Flow0.22-0.370.060.020.090.520.41-1.080.34-0.230.35-0.52

Eurotex Industries and Exports Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days28.0920.4116.6015.2314.1725.0615.673.0817.010.930.006.38
Inventory Days120.56149.46115.42117.48101.44161.02106.9783.1997.5934.36142.91
Days Payable66.3755.8954.0348.9945.4888.8959.4847.9792.91212.491,672.43
Cash Conversion Cycle82.28113.9777.9983.7370.1397.1963.1638.3021.69-177.21-1,529.526.38
Working Capital Days65.4776.9152.4855.0840.6552.5432.00-9.80-156.12-276.84-2,752.91-957.17
ROCE %-1.58%6.86%14.68%5.41%2.13%-4.40%-7.61%-13.04%-49.96%-64.40%-41.52%-6.28%

Eurotex Industries and Exports Ltd Financial Efficiency Indicators Chart

Eurotex Industries and Exports Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters70.99%70.99%70.99%70.99%70.99%70.99%70.99%70.99%70.99%70.99%70.99%70.99%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%0.02%0.00%0.00%
DIIs0.10%0.10%0.10%0.10%0.10%0.53%0.53%0.53%0.02%0.02%0.02%0.02%
Government0.51%0.51%0.51%0.51%0.51%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public28.40%28.40%28.40%28.40%28.40%28.48%28.48%28.48%28.97%28.97%29.00%29.00%
No. of Shareholders6,2306,1966,1916,1586,2044,3954,4904,5704,7164,7284,7384,770

Eurotex Industries and Exports Ltd Shareholding Pattern Chart

No. of Eurotex Industries and Exports Ltd Shareholders

This stock is not held by any mutual fund

Eurotex Industries and Exports Ltd ROCE Trend

Eurotex Industries and Exports Ltd EPS Trend

Eurotex Industries and Exports Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-7.47-2.93-13.37-13.41-21.43
Diluted EPS (Rs.)-7.47-2.93-13.37-13.41-21.43
Cash EPS (Rs.)-4.210.67-9.61-9.23-17.21
Book Value[Excl.RevalReserv]/Share (Rs.)-30.27-23.19-19.68-8.794.06
Book Value[Incl.RevalReserv]/Share (Rs.)-30.27-22.38-18.87-7.974.89
Revenue From Operations / Share (Rs.)0.726.552.5827.0548.12
PBDIT / Share (Rs.)-1.672.83-5.51-5.95-15.59
PBIT / Share (Rs.)-4.93-0.78-9.29-10.14-19.83
PBT / Share (Rs.)-7.92-3.82-12.21-13.79-24.94
Net Profit / Share (Rs.)-7.48-2.94-13.39-13.42-21.46
PBDIT Margin (%)-229.5043.16-214.10-21.98-32.39
PBIT Margin (%)-679.24-11.97-360.81-37.46-41.21
PBT Margin (%)-1091.71-58.39-473.85-50.96-51.83
Net Profit Margin (%)-1029.83-44.86-519.76-49.61-44.59
Return on Networth / Equity (%)0.000.000.000.00-528.03
Return on Capital Employeed (%)30.9010.34259.72-171.04-104.55
Return On Assets (%)-17.23-5.86-24.03-23.13-25.57
Long Term Debt / Equity (X)-0.180.000.00-0.651.42
Total Debt / Equity (X)-1.44-1.63-1.92-3.827.98
Asset Turnover Ratio (%)0.010.120.040.380.45
Current Ratio (X)0.050.050.040.070.28
Quick Ratio (X)0.020.010.030.030.10
Inventory Turnover Ratio (X)0.000.000.000.000.50
Interest Coverage Ratio (X)-0.550.92-1.89-1.63-3.05
Interest Coverage Ratio (Post Tax) (X)-1.500.03-3.60-2.67-3.20
Enterprise Value (Cr.)49.6349.2548.9835.1032.43
EV / Net Operating Revenue (X)78.218.6021.761.480.77
EV / EBITDA (X)-34.0819.93-10.16-6.75-2.38
MarketCap / Net Operating Revenue (X)19.281.995.160.250.10
Price / BV (X)-0.46-0.56-0.67-0.791.29
Price / Net Operating Revenue (X)19.311.995.170.250.10
EarningsYield-0.53-0.22-1.01-1.92-4.10

Eurotex Industries and Exports Ltd Profitability Ratios (%)

Eurotex Industries and Exports Ltd Liquidity Ratios

Eurotex Industries and Exports Ltd Liquidity Ratios (%)

Eurotex Industries and Exports Ltd Interest Coverage Ratios (%)

Eurotex Industries and Exports Ltd Valuation Ratios

Fair Value

Fair Value: 69.31

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 384.68% compared to the current price 14.3

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Intrinsic Value: 126.17

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 782.30% compared to the current price ₹14.3

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Last 5 Year EPS CAGR: 82.04%

*Investments are subject to market risks

Strength and Weakness of Eurotex Industries and Exports Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -85.57, which is a positive sign.
  2. The company has higher reserves (20.76 cr) compared to borrowings (2.31 cr), indicating strong financial stability.
  1. The stock has a low average ROCE of -13.31%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 39.72, which may not be favorable.
  3. The company has not shown consistent growth in sales (162.79) and profit (-6.73).

FAQ

What is the latest fair value of Eurotex Industries and Exports Ltd?

The latest fair value of Eurotex Industries and Exports Ltd is ₹69.31.

What is the Market Cap of Eurotex Industries and Exports Ltd?

The Market Cap of Eurotex Industries and Exports Ltd is 12.5 Cr..

What is the current Stock Price of Eurotex Industries and Exports Ltd as on 19 June 2024?

The current stock price of Eurotex Industries and Exports Ltd as on 19 June 2024 is ₹14.3.

What is the High / Low of Eurotex Industries and Exports Ltd stocks in FY 2024?

In FY 2024, the High / Low of Eurotex Industries and Exports Ltd stocks is 22.0/10.0.

What is the Stock P/E of Eurotex Industries and Exports Ltd?

The Stock P/E of Eurotex Industries and Exports Ltd is .

What is the Book Value of Eurotex Industries and Exports Ltd?

The Book Value of Eurotex Industries and Exports Ltd is 30.2.

What is the Dividend Yield of Eurotex Industries and Exports Ltd?

The Dividend Yield of Eurotex Industries and Exports Ltd is 0.00 %.

What is the ROCE of Eurotex Industries and Exports Ltd?

The ROCE of Eurotex Industries and Exports Ltd is 24.5 %.

What is the ROE of Eurotex Industries and Exports Ltd?

The ROE of Eurotex Industries and Exports Ltd is %.

What is the Face Value of Eurotex Industries and Exports Ltd?

The Face Value of Eurotex Industries and Exports Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Eurotex Industries and Exports Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE