Salona Cotspin Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 2, 2025, 9:12 pm

Market Cap	125 Cr.
Current Price	241
High / Low	370/215
Stock P/E	18.0
Book Value	160
Dividend Yield	0.41 %
ROCE	8.31 %
ROE	7.96 %
Face Value	10.0
PEG Ratio	7.92

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Salona Cotspin Ltd

Competitors of Salona Cotspin Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mohite Industries Ltd	96.7 Cr.	4.81	16.4/3.55	15.8	5.67	0.00 %	6.18 %	2.27 %	1.00
Hisar Spinning Mills Ltd	17.8 Cr.	47.5	84.0/40.8	6.86	62.4	0.00 %	12.5 %	9.50 %	10.0
Rudra Ecovation Ltd	511 Cr.	44.7	82.6/36.7		8.36	0.00 %	1.92 %	4.05 %	1.00
H P Cotton Textile Mills Ltd	36.3 Cr.	92.4	194/82.0		38.5	0.00 %	4.39 %	6.57 %	10.0
Gujarat Hy-Spin Ltd	35.7 Cr.	21.3	24.5/9.00	33.7	11.2	0.00 %	4.31 %	0.90 %	10.0
Industry Average	2,861.64 Cr	165.10		27.99	121.06	0.36%	32.24%	10.84%	7.24

All Competitor Stocks of Salona Cotspin Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	170.60	170.66	155.17	92.58	92.18	146.99	140.56	208.88	206.42	166.40	190.01	166.06	158.29
Expenses	159.67	163.12	144.68	80.84	84.58	141.98	134.21	198.60	199.51	159.72	181.57	157.84	148.97
Operating Profit	10.93	7.54	10.49	11.74	7.60	5.01	6.35	10.28	6.91	6.68	8.44	8.22	9.32
OPM %	6.41%	4.42%	6.76%	12.68%	8.24%	3.41%	4.52%	4.92%	3.35%	4.01%	4.44%	4.95%	5.89%
Other Income	0.00	-0.02	0.00	0.15	0.06	0.08	0.01	0.05	0.09	0.11	0.04	0.05	0.10
Interest	1.56	2.49	1.35	1.99	2.54	3.52	2.76	4.21	5.53	2.71	4.31	3.64	5.77
Depreciation	0.75	1.08	1.28	1.70	1.24	1.26	1.38	2.50	0.26	2.72	1.80	1.82	1.81
Profit before tax	8.62	3.95	7.86	8.20	3.88	0.31	2.22	3.62	1.21	1.36	2.37	2.81	1.84
Tax %	22.62%	66.84%	19.08%	33.54%	32.47%	-912.90%	7.21%	51.93%	-19.83%	34.56%	3.38%	22.06%	14.13%
Net Profit	6.68	1.30	6.35	5.45	2.62	3.14	2.06	1.73	1.44	0.90	2.27	2.19	1.58
EPS in Rs	12.69	2.47	12.07	10.36	4.98	5.97	3.91	3.29	2.74	1.71	4.31	4.16	3.00

Last Updated: February 28, 2025, 5:22 pm

Below is a detailed analysis of the quarterly data for Salona Cotspin Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹158.29 Cr.. The value appears to be declining and may need further review. It has decreased from 166.06 Cr. (Sep 2024) to ₹158.29 Cr., marking a decrease of 7.77 Cr..
For Expenses, as of Dec 2024, the value is ₹148.97 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 157.84 Cr. (Sep 2024) to ₹148.97 Cr., marking a decrease of 8.87 Cr..
For Operating Profit, as of Dec 2024, the value is ₹9.32 Cr.. The value appears strong and on an upward trend. It has increased from 8.22 Cr. (Sep 2024) to ₹9.32 Cr., marking an increase of 1.10 Cr..
For OPM %, as of Dec 2024, the value is 5.89%. The value appears strong and on an upward trend. It has increased from 4.95% (Sep 2024) to 5.89%, marking an increase of 0.94%.
For Other Income, as of Dec 2024, the value is ₹0.10 Cr.. The value appears strong and on an upward trend. It has increased from 0.05 Cr. (Sep 2024) to ₹0.10 Cr., marking an increase of 0.05 Cr..
For Interest, as of Dec 2024, the value is ₹5.77 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.64 Cr. (Sep 2024) to ₹5.77 Cr., marking an increase of 2.13 Cr..
For Depreciation, as of Dec 2024, the value is ₹1.81 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.82 Cr. (Sep 2024) to ₹1.81 Cr., marking a decrease of 0.01 Cr..
For Profit before tax, as of Dec 2024, the value is ₹1.84 Cr.. The value appears to be declining and may need further review. It has decreased from 2.81 Cr. (Sep 2024) to ₹1.84 Cr., marking a decrease of 0.97 Cr..
For Tax %, as of Dec 2024, the value is 14.13%. The value appears to be improving (decreasing) as expected. It has decreased from 22.06% (Sep 2024) to 14.13%, marking a decrease of 7.93%.
For Net Profit, as of Dec 2024, the value is ₹1.58 Cr.. The value appears to be declining and may need further review. It has decreased from 2.19 Cr. (Sep 2024) to ₹1.58 Cr., marking a decrease of 0.61 Cr..
For EPS in Rs, as of Dec 2024, the value is 3.00. The value appears to be declining and may need further review. It has decreased from 4.16 (Sep 2024) to 3.00, marking a decrease of 1.16.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:58 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	86	106	103	100	121	107	133	122	230	647	487	722	681
Expenses	72	90	93	91	113	97	123	113	215	610	452	692	648
Operating Profit	13	16	10	9	9	9	10	9	15	37	35	30	33
OPM %	16%	15%	9%	9%	7%	9%	8%	7%	6%	6%	7%	4%	5%
Other Income	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest	4	3	3	3	2	3	4	4	4	7	9	15	16
Depreciation	5	6	4	3	4	4	4	3	3	3	5	7	8
Profit before tax	4	8	3	3	3	2	2	2	8	27	20	8	8
Tax %	16%	26%	17%	17%	-20%	4%	29%	38%	20%	26%	13%	27%
Net Profit	3	6	2	2	3	2	2	1	6	20	18	6	7
EPS in Rs	5.91	10.76	4.01	4.31	6.35	4.05	3.10	2.22	11.78	37.61	33.39	11.65	13.18
Dividend Payout %	0%	11%	0%	18%	10%	15%	20%	0%	9%	3%	4%	9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	100.00%	-66.67%	0.00%	50.00%	-33.33%	0.00%	-50.00%	500.00%	233.33%	-10.00%	-66.67%
Change in YoY Net Profit Growth (%)	0.00%	-166.67%	66.67%	50.00%	-83.33%	33.33%	-50.00%	550.00%	-266.67%	-243.33%	-56.67%

Salona Cotspin Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	21%
5 Years:	40%
3 Years:	46%
TTM:	-3%

Compounded Profit Growth
10 Years:	1%
5 Years:	31%
3 Years:	0%
TTM:	-17%

Stock Price CAGR
10 Years:	29%
5 Years:	46%
3 Years:	1%
1 Year:	-22%

Return on Equity
10 Years:	16%
5 Years:	20%
3 Years:	23%
Last Year:	8%

Last Updated: Unknown

Balance Sheet

Last Updated: February 12, 2025, 2:55 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	5	5	5	5	5	5	5	5	5	5	5	5	5
Reserves	10	15	17	19	23	25	26	27	33	52	69	74	79
Borrowings	40	33	26	31	35	43	51	40	77	139	157	257	224
Other Liabilities	6	9	6	9	8	10	8	11	24	32	39	27	33
Total Liabilities	61	63	54	64	71	83	90	83	138	228	270	364	341
Fixed Assets	29	25	21	18	17	15	26	24	27	43	41	70	67
CWIP	1	0	0	0	0	5	1	0	0	0	0	36	45
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	32	38	33	46	54	63	63	59	112	185	229	257	229
Total Assets	61	63	54	64	71	83	90	83	138	228	270	364	341

Below is a detailed analysis of the balance sheet data for Salona Cotspin Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹5.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 5.00 Cr..
For Reserves, as of Sep 2024, the value is ₹79.00 Cr.. The value appears strong and on an upward trend. It has increased from 74.00 Cr. (Mar 2024) to ₹79.00 Cr., marking an increase of 5.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹224.00 Cr.. The value appears to be improving (decreasing). However, Borrowings exceed Reserves, which may signal higher financial risk. It has decreased from 257.00 Cr. (Mar 2024) to ₹224.00 Cr., marking a decrease of 33.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹33.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 27.00 Cr. (Mar 2024) to ₹33.00 Cr., marking an increase of 6.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹341.00 Cr.. The value appears to be improving (decreasing). It has decreased from 364.00 Cr. (Mar 2024) to ₹341.00 Cr., marking a decrease of 23.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹67.00 Cr.. The value appears to be declining and may need further review. It has decreased from 70.00 Cr. (Mar 2024) to ₹67.00 Cr., marking a decrease of 3.00 Cr..
For CWIP, as of Sep 2024, the value is ₹45.00 Cr.. The value appears strong and on an upward trend. It has increased from 36.00 Cr. (Mar 2024) to ₹45.00 Cr., marking an increase of 9.00 Cr..
For Investments, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹229.00 Cr.. The value appears to be declining and may need further review. It has decreased from 257.00 Cr. (Mar 2024) to ₹229.00 Cr., marking a decrease of 28.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹341.00 Cr.. The value appears to be declining and may need further review. It has decreased from 364.00 Cr. (Mar 2024) to ₹341.00 Cr., marking a decrease of 23.00 Cr..

However, the Borrowings (224.00 Cr.) are higher than the Reserves (₹79.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	8	12	10	0	-3	4	6	14	-24	-35	-5	-12
Cash from Investing Activity +	-1	-1	-0	-1	-2	-7	-10	0	-5	-20	-3	-72
Cash from Financing Activity +	-8	-10	-10	2	3	3	4	-14	29	54	8	84
Net Cash Flow	-1	1	-1	2	-2	-0	0	0	0	-0	-0	-0

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-27.00	-17.00	-16.00	-22.00	-26.00	-34.00	-41.00	-31.00	-62.00	-102.00	-122.00	-227.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	40	44	31	46	65	65	50	41	85	54	92	73
Inventory Days	124	109	101	148	115	184	146	159	124	43	51	34
Days Payable	11	17	9	22	17	34	16	29	52	12	22	7
Cash Conversion Cycle	153	136	123	172	163	216	181	171	157	85	121	100
Working Capital Days	93	86	86	119	131	165	143	135	140	88	134	114
ROCE %	14%	20%	11%	11%	9%	8%	8%	8%	13%	22%	14%	8%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	65.98%	65.98%	65.98%	65.98%	67.09%	67.09%	67.09%	67.09%	67.09%	67.09%	67.09%	67.09%
DIIs	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	33.99%	34.02%	34.02%	34.02%	32.90%	32.91%	32.91%	32.91%	32.91%	32.91%	32.91%	32.91%
No. of Shareholders	3,581	3,546	3,553	3,478	3,272	3,485	3,227	2,967	2,607	2,803	2,689	2,676

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	11.64	33.39	37.60	11.78	2.23
Diluted EPS (Rs.)	11.64	33.39	37.60	11.78	2.23
Cash EPS (Rs.)	24.38	43.23	43.38	16.62	7.17
Book Value[Excl.RevalReserv]/Share (Rs.)	149.69	139.20	107.41	71.34	60.22
Book Value[Incl.RevalReserv]/Share (Rs.)	149.69	139.20	107.41	71.34	60.22
Dividend / Share (Rs.)	1.00	1.20	1.20	1.00	0.00
Revenue From Operations / Share (Rs.)	1355.36	913.72	1214.28	431.85	228.65
PBDIT / Share (Rs.)	57.20	65.92	70.29	27.92	16.18
PBIT / Share (Rs.)	44.32	55.66	64.05	22.93	11.21
PBT / Share (Rs.)	15.77	38.01	50.20	14.56	3.56
Net Profit / Share (Rs.)	11.50	32.97	37.13	11.63	2.20
PBDIT Margin (%)	4.21	7.21	5.78	6.46	7.07
PBIT Margin (%)	3.26	6.09	5.27	5.31	4.90
PBT Margin (%)	1.16	4.16	4.13	3.37	1.55
Net Profit Margin (%)	0.84	3.60	3.05	2.69	0.96
Return on Networth / Equity (%)	7.68	23.68	34.57	16.30	3.65
Return on Capital Employeed (%)	14.42	25.87	38.48	23.34	14.77
Return On Assets (%)	1.68	6.50	8.68	4.48	1.40
Long Term Debt / Equity (X)	0.96	0.48	0.47	0.31	0.20
Total Debt / Equity (X)	3.22	2.12	2.42	1.88	1.18
Asset Turnover Ratio (%)	2.28	1.95	3.53	2.08	1.41
Current Ratio (X)	1.24	1.37	1.32	1.28	1.33
Quick Ratio (X)	0.94	1.01	0.86	0.78	0.47
Inventory Turnover Ratio (X)	2.12	1.96	2.22	1.33	1.63
Dividend Payout Ratio (NP) (%)	0.00	3.59	2.65	0.00	0.00
Dividend Payout Ratio (CP) (%)	0.00	2.74	2.27	0.00	0.00
Earning Retention Ratio (%)	0.00	96.41	97.35	0.00	0.00
Cash Earning Retention Ratio (%)	0.00	97.26	97.73	0.00	0.00
Interest Coverage Ratio (X)	2.00	3.74	5.07	3.34	2.12
Interest Coverage Ratio (Post Tax) (X)	1.40	2.87	3.68	2.39	1.29
Enterprise Value (Cr.)	419.05	281.36	256.39	119.47	57.15
EV / Net Operating Revenue (X)	0.58	0.57	0.39	0.51	0.46
EV / EBITDA (X)	13.82	8.01	6.84	8.03	6.63
MarketCap / Net Operating Revenue (X)	0.22	0.25	0.18	0.21	0.16
Retention Ratios (%)	0.00	96.40	97.34	0.00	0.00
Price / BV (X)	2.07	1.69	2.06	1.28	0.61
Price / Net Operating Revenue (X)	0.22	0.25	0.18	0.21	0.16
EarningsYield	0.03	0.14	0.16	0.12	0.05

After reviewing the key financial ratios for Salona Cotspin Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 11.64. This value is within the healthy range. It has decreased from 33.39 (Mar 23) to 11.64, marking a decrease of 21.75.
For Diluted EPS (Rs.), as of Mar 24, the value is 11.64. This value is within the healthy range. It has decreased from 33.39 (Mar 23) to 11.64, marking a decrease of 21.75.
For Cash EPS (Rs.), as of Mar 24, the value is 24.38. This value is within the healthy range. It has decreased from 43.23 (Mar 23) to 24.38, marking a decrease of 18.85.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 149.69. It has increased from 139.20 (Mar 23) to 149.69, marking an increase of 10.49.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 149.69. It has increased from 139.20 (Mar 23) to 149.69, marking an increase of 10.49.
For Dividend / Share (Rs.), as of Mar 24, the value is 1.00. This value is within the healthy range. It has decreased from 1.20 (Mar 23) to 1.00, marking a decrease of 0.20.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 1,355.36. It has increased from 913.72 (Mar 23) to 1,355.36, marking an increase of 441.64.
For PBDIT / Share (Rs.), as of Mar 24, the value is 57.20. This value is within the healthy range. It has decreased from 65.92 (Mar 23) to 57.20, marking a decrease of 8.72.
For PBIT / Share (Rs.), as of Mar 24, the value is 44.32. This value is within the healthy range. It has decreased from 55.66 (Mar 23) to 44.32, marking a decrease of 11.34.
For PBT / Share (Rs.), as of Mar 24, the value is 15.77. This value is within the healthy range. It has decreased from 38.01 (Mar 23) to 15.77, marking a decrease of 22.24.
For Net Profit / Share (Rs.), as of Mar 24, the value is 11.50. This value is within the healthy range. It has decreased from 32.97 (Mar 23) to 11.50, marking a decrease of 21.47.
For PBDIT Margin (%), as of Mar 24, the value is 4.21. This value is below the healthy minimum of 10. It has decreased from 7.21 (Mar 23) to 4.21, marking a decrease of 3.00.
For PBIT Margin (%), as of Mar 24, the value is 3.26. This value is below the healthy minimum of 10. It has decreased from 6.09 (Mar 23) to 3.26, marking a decrease of 2.83.
For PBT Margin (%), as of Mar 24, the value is 1.16. This value is below the healthy minimum of 10. It has decreased from 4.16 (Mar 23) to 1.16, marking a decrease of 3.00.
For Net Profit Margin (%), as of Mar 24, the value is 0.84. This value is below the healthy minimum of 5. It has decreased from 3.60 (Mar 23) to 0.84, marking a decrease of 2.76.
For Return on Networth / Equity (%), as of Mar 24, the value is 7.68. This value is below the healthy minimum of 15. It has decreased from 23.68 (Mar 23) to 7.68, marking a decrease of 16.00.
For Return on Capital Employeed (%), as of Mar 24, the value is 14.42. This value is within the healthy range. It has decreased from 25.87 (Mar 23) to 14.42, marking a decrease of 11.45.
For Return On Assets (%), as of Mar 24, the value is 1.68. This value is below the healthy minimum of 5. It has decreased from 6.50 (Mar 23) to 1.68, marking a decrease of 4.82.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.96. This value is within the healthy range. It has increased from 0.48 (Mar 23) to 0.96, marking an increase of 0.48.
For Total Debt / Equity (X), as of Mar 24, the value is 3.22. This value exceeds the healthy maximum of 1. It has increased from 2.12 (Mar 23) to 3.22, marking an increase of 1.10.
For Asset Turnover Ratio (%), as of Mar 24, the value is 2.28. It has increased from 1.95 (Mar 23) to 2.28, marking an increase of 0.33.
For Current Ratio (X), as of Mar 24, the value is 1.24. This value is below the healthy minimum of 1.5. It has decreased from 1.37 (Mar 23) to 1.24, marking a decrease of 0.13.
For Quick Ratio (X), as of Mar 24, the value is 0.94. This value is below the healthy minimum of 1. It has decreased from 1.01 (Mar 23) to 0.94, marking a decrease of 0.07.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.12. This value is below the healthy minimum of 4. It has increased from 1.96 (Mar 23) to 2.12, marking an increase of 0.16.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 3.59 (Mar 23) to 0.00, marking a decrease of 3.59.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 2.74 (Mar 23) to 0.00, marking a decrease of 2.74.
For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 96.41 (Mar 23) to 0.00, marking a decrease of 96.41.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 97.26 (Mar 23) to 0.00, marking a decrease of 97.26.
For Interest Coverage Ratio (X), as of Mar 24, the value is 2.00. This value is below the healthy minimum of 3. It has decreased from 3.74 (Mar 23) to 2.00, marking a decrease of 1.74.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 1.40. This value is below the healthy minimum of 3. It has decreased from 2.87 (Mar 23) to 1.40, marking a decrease of 1.47.
For Enterprise Value (Cr.), as of Mar 24, the value is 419.05. It has increased from 281.36 (Mar 23) to 419.05, marking an increase of 137.69.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.58. This value is below the healthy minimum of 1. It has increased from 0.57 (Mar 23) to 0.58, marking an increase of 0.01.
For EV / EBITDA (X), as of Mar 24, the value is 13.82. This value is within the healthy range. It has increased from 8.01 (Mar 23) to 13.82, marking an increase of 5.81.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.22. This value is below the healthy minimum of 1. It has decreased from 0.25 (Mar 23) to 0.22, marking a decrease of 0.03.
For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 96.40 (Mar 23) to 0.00, marking a decrease of 96.40.
For Price / BV (X), as of Mar 24, the value is 2.07. This value is within the healthy range. It has increased from 1.69 (Mar 23) to 2.07, marking an increase of 0.38.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.22. This value is below the healthy minimum of 1. It has decreased from 0.25 (Mar 23) to 0.22, marking a decrease of 0.03.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.14 (Mar 23) to 0.03, marking a decrease of 0.11.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Salona Cotspin Ltd as of April 3, 2025 is: 184.15

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.

As of April 3, 2025, Salona Cotspin Ltd is Overvalued by 23.59% compared to the current share price 241.00

Intrinsic Value of Salona Cotspin Ltd as of April 3, 2025 is: 188.33

Calculation basis:

Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 3, 2025, Salona Cotspin Ltd is Overvalued by 21.85% compared to the current share price 241.00

Last 5 Year EPS CAGR: 2.27%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (280.38 cr) and profit (7.54 cr) over the years.	The stock has a low average ROCE of 12.17%, which may not be favorable. The stock has a high average Working Capital Days of 119.50, which may not be favorable. The stock has a high average Cash Conversion Cycle of 148.17, which may not be favorable. The company has higher borrowings (88.69) compared to reserves (36.08), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Salona Cotspin Ltd:
1. Net Profit Margin: 0.84%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 14.42% (Industry Average ROCE: 32.24%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 7.68% (Industry Average ROE: 10.84%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.4
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.94
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 18 (Industry average Stock P/E: 27.99)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 3.22
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Salona Cotspin Ltd. is a Public Limited Listed company incorporated on 18/01/1994 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L17111TZ1994PLC004797 and registration number is 004797. 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. 722.26 Cr. and Equity Capital is Rs. 5.33 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Textiles - Spinning - Cotton Blended	SF No.74/12 & 75/3, Sathy Road, Erode District Tamil Nadu 638402	info@salonagroup.com https://www.salonacotspin.com

Management
Name	Position Held
Mr. Shyamlal Agarwala	Managing Director
Mr. Manoj Kumar Jhajharia	Joint Managing Director
Mr. Arun Kumar Jhajharia	Director
Mr. Dhiresh Jayasi	Director
Mrs. S Meenakumari	Director
Mr. Hari Desikan Ganesh	Director
Mr. Raghav Agarwal	Director
Mr. Prabhu Damodaran	Director

FAQ

What is the intrinsic value of Salona Cotspin Ltd?

Salona Cotspin Ltd's intrinsic value (as of 02 April 2025) is ₹184.15 — 23.59% lower the current market price of ₹241.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 125 Cr. market cap, FY2025-2026 high/low of ₹370/215, reserves of 79 Cr, and liabilities of 341 Cr.

What is the Market Cap of Salona Cotspin Ltd?

The Market Cap of Salona Cotspin Ltd is 125 Cr..

What is the current Stock Price of Salona Cotspin Ltd as on 02 April 2025?

The current stock price of Salona Cotspin Ltd as on 02 April 2025 is 241.

What is the High / Low of Salona Cotspin Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Salona Cotspin Ltd stocks is ₹370/215.

What is the Stock P/E of Salona Cotspin Ltd?

The Stock P/E of Salona Cotspin Ltd is 18.0.

What is the Book Value of Salona Cotspin Ltd?

The Book Value of Salona Cotspin Ltd is 160.

What is the Dividend Yield of Salona Cotspin Ltd?

The Dividend Yield of Salona Cotspin Ltd is 0.41 %.

What is the ROCE of Salona Cotspin Ltd?

The ROCE of Salona Cotspin Ltd is 8.31 %.

What is the ROE of Salona Cotspin Ltd?

The ROE of Salona Cotspin Ltd is 7.96 %.

What is the Face Value of Salona Cotspin Ltd?

The Face Value of Salona Cotspin Ltd is 10.0.