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Last Updated on: 06 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Shekhawati Poly-Yarn Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: August 8, 2024, 10:54 pm

Market Cap 249 Cr.
Current Price 7.34
High / Low7.46/0.40
Stock P/E13.3
Book Value 0.21
Dividend Yield0.00 %
ROCE35.1 %
ROE%
Face Value 1.00
PEG Ratio0.31

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

View Share Price Target for Shekhawati Poly-Yarn Ltd

Competitors of Shekhawati Poly-Yarn Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gujarat Cotex Ltd 19.7 Cr. 13.814.4/3.1061.6 4.660.00 %3.52 %2.90 % 5.00
Gini Silk Mills Ltd 66.2 Cr. 118164/49.425.5 85.20.00 %5.66 %4.64 % 10.0
Dhanlaxmi Fabrics Ltd 55.7 Cr. 64.980.0/43.2 55.30.00 %12.2 %14.6 % 10.0
Bluechip Tex Industries Ltd 29.4 Cr. 149226/133 1410.67 %3.29 %1.84 % 10.0
Arex Industries Ltd 61.9 Cr. 156244/10820.0 79.80.00 %11.3 %8.34 % 10.0
Industry Average1,222.43 Cr110.50459.8867.350.11%10.37%13.84%7.33

All Competitor Stocks of Shekhawati Poly-Yarn Ltd

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales12874142139133101264316151324
Expenses11975148149139108264316171415
Operating Profit2-1-1-6-10-6-7-1-0-0-2-09
OPM %14%-8%-1%-4%-7%-5%-7%-3%-1%-0%-11%-4%38%
Other Income1000111100125138
Interest0000000000000
Depreciation2222222222222
Profit before tax-0-3-3-7-11-8-8-3-2-282145
Tax %0%0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit-0-3-3-7-11-8-8-3-2-282145
EPS in Rs-0.00-0.08-0.08-0.22-0.33-0.22-0.24-0.08-0.07-0.060.240.074.22

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales24035235422593144147163293633037769
Expenses21231832222993149147175323803166160
Operating Profit283432-4-0-5-0-12-3-17-12169
OPM %12%10%9%-2%-0%-3%-0%-7%-10%-5%-4%21%13%
Other Income102-67-45111120146156
Interest12131322000000000
Depreciation1011101210101010109986
Profit before tax71112-104-56-14-9-21-11-24-21154158
Tax %32%35%39%0%-0%0%0%0%0%0%0%0%
Net Profit577-104-56-14-9-21-11-24-21154158
EPS in Rs0.200.320.33-3.48-1.63-0.41-0.27-0.61-0.33-0.71-0.614.474.60
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)40.00%0.00%-1585.71%46.15%75.00%35.71%-133.33%47.62%-118.18%12.50%833.33%
Change in YoY Net Profit Growth (%)0.00%-40.00%-1585.71%1631.87%28.85%-39.29%-169.05%180.95%-165.80%130.68%820.83%

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

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital222222303434343434343434
Reserves455259-27-80-94-103-124-136-160-181-27
Borrowings1121281451981941921921912042022021
Other Liabilities25238552201418153695436
Total Liabilities20322431125216914714011610614610844
Fixed Assets110100115135126117107988881742
CWIP81013666666000
Investments010000000001
Other Assets851131831113624271212653541
Total Assets20322431125216914714011610614610844

Reserves and Borrowings Chart

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-84.00-94.00-113.00-202.00-194.00-197.00-192.00-203.00-207.00-219.00-214.0015.00

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days656889116602229654192357
Inventory Days191820521151933640244
Days Payable231143132921472507975582
Cash Conversion Cycle6076651085335343-159-20-50-482
Working Capital Days7884101103-98-224-220-22572-9-3123
ROCE %11%12%12%-7%-6%-10%-7%-19%-11%-27%-32%35%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters57.49%57.49%57.49%57.49%57.49%57.49%57.49%57.49%57.49%57.49%57.49%57.52%
Public42.51%42.51%42.51%42.51%42.51%42.52%42.52%42.51%42.51%42.51%42.50%42.49%
No. of Shareholders11,25510,98310,88910,78310,82810,79110,77010,78210,74610,72111,47412,813

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)4.47-0.62-0.71-0.33-0.61
Diluted EPS (Rs.)4.47-0.62-0.71-0.33-0.61
Cash EPS (Rs.)4.71-0.34-0.44-0.05-0.32
Book Value[Excl.RevalReserv]/Share (Rs.)0.21-4.26-3.64-2.93-2.60
Book Value[Incl.RevalReserv]/Share (Rs.)0.21-4.26-3.64-2.93-2.60
Revenue From Operations / Share (Rs.)2.238.7510.540.834.72
PBDIT / Share (Rs.)0.57-0.34-0.43-0.04-0.32
PBIT / Share (Rs.)0.32-0.61-0.70-0.32-0.60
PBT / Share (Rs.)4.47-0.61-0.70-0.33-0.61
Net Profit / Share (Rs.)4.47-0.61-0.70-0.33-0.61
PBDIT Margin (%)25.64-3.96-4.16-5.75-6.85
PBIT Margin (%)14.76-6.99-6.68-39.03-12.84
PBT Margin (%)200.71-7.01-6.71-39.87-12.96
Net Profit Margin (%)200.63-7.01-6.71-39.87-12.96
Return on Networth / Equity (%)2117.370.000.000.000.00
Return on Capital Employeed (%)71.4814.4619.4911.2523.71
Return On Assets (%)349.08-19.56-16.70-10.79-18.20
Long Term Debt / Equity (X)0.000.000.00-0.01-0.01
Total Debt / Equity (X)0.00-1.37-1.60-0.97-1.08
Asset Turnover Ratio (%)1.012.372.880.251.27
Current Ratio (X)1.220.110.220.040.04
Quick Ratio (X)1.180.100.090.040.03
Inventory Turnover Ratio (X)17.0112.0520.655.9434.44
Interest Coverage Ratio (X)440.32-173.61-165.41-6.82-56.26
Interest Coverage Ratio (Post Tax) (X)252.26-306.42-265.42-46.21-105.41
Enterprise Value (Cr.)84.10221.61225.20111.16104.89
EV / Net Operating Revenue (X)1.100.730.613.870.64
EV / EBITDA (X)4.27-18.53-14.88-67.28-9.40
MarketCap / Net Operating Revenue (X)1.100.070.060.440.05
Price / BV (X)11.62-0.14-0.19-0.12-0.09
Price / Net Operating Revenue (X)1.100.070.060.440.05
EarningsYield1.82-0.97-0.98-0.89-2.55

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Shekhawati Poly-Yarn Ltd as of November 6, 2024 is: 0.43

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 November 6, 2024, Shekhawati Poly-Yarn Ltd is Overvalued by 94.14% compared to the current share price ₹7.34

Default values used*: Default value of 15% for ROE is used

Intrinsic Value of Shekhawati Poly-Yarn Ltd as of November 6, 2024 is: 0.61

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 November 6, 2024, Shekhawati Poly-Yarn Ltd is Overvalued by 91.69% compared to the current share price ₹7.34

Default values used*: Default value of 15% for ROE is used

Last 5 Year EPS CAGR: 42.76%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of -0.38 and average Dividend Yield of 26.83%.
  2. The stock has a low average Working Capital Days of -28.83, which is a positive sign.
  3. The stock has a low average Cash Conversion Cycle of -23.08, which is a positive sign.
  4. The company has shown consistent growth in sales (196.85 cr) and profit (6.31 cr) over the years.
  1. The stock has a low average ROCE of -4.08%, which may not be favorable.
  2. The company has higher borrowings (163.42) compared to reserves (-64.67), 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 Shekhawati Poly-Yarn Ltd:
    1. Net Profit Margin: 200.63%
      • 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: 71.48% (Industry Average ROCE: 10.37%)
      • 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%: 2117.37% (Industry Average ROE: 13.84%)
      • 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): 252.26
      • 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: 1.18
      • 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: 13.3 (Industry average Stock P/E: 459.88)
      • 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: 0
      • 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

No data availabale for About the Company
INDUSTRYADDRESSCONTACT
Industry not foundAddress not foundContact not found
Management Data not Available

FAQ

What is the latest fair value of Shekhawati Poly-Yarn Ltd?

The latest fair value of Shekhawati Poly-Yarn Ltd is ₹0.43.

What is the Market Cap of Shekhawati Poly-Yarn Ltd?

The Market Cap of Shekhawati Poly-Yarn Ltd is 249 Cr..

What is the current Stock Price of Shekhawati Poly-Yarn Ltd as on 21 August 2024?

The current stock price of Shekhawati Poly-Yarn Ltd as on 21 August 2024 is 7.34.

What is the High / Low of Shekhawati Poly-Yarn Ltd stocks in FY 2024?

In FY 2024, the High / Low of Shekhawati Poly-Yarn Ltd stocks is 7.46/0.40.

What is the Stock P/E of Shekhawati Poly-Yarn Ltd?

The Stock P/E of Shekhawati Poly-Yarn Ltd is 13.3.

What is the Book Value of Shekhawati Poly-Yarn Ltd?

The Book Value of Shekhawati Poly-Yarn Ltd is 0.21.

What is the Dividend Yield of Shekhawati Poly-Yarn Ltd?

The Dividend Yield of Shekhawati Poly-Yarn Ltd is 0.00 %.

What is the ROCE of Shekhawati Poly-Yarn Ltd?

The ROCE of Shekhawati Poly-Yarn Ltd is 35.1 %.

What is the ROE of Shekhawati Poly-Yarn Ltd?

The ROE of Shekhawati Poly-Yarn Ltd is %.

What is the Face Value of Shekhawati Poly-Yarn Ltd?

The Face Value of Shekhawati Poly-Yarn Ltd is 1.00.

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 Shekhawati Poly-Yarn 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