Shiva Texyarn Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:51 am

Market Cap	290 Cr.
Current Price	224
High / Low	299/135
Stock P/E	157
Book Value	98.0
Dividend Yield	0.00 %
ROCE	%
ROE	%
Face Value	10.0
PEG Ratio	-2.59

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

Stock P/E Current Price Intrinsic Value

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Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Hisar Spinning Mills Ltd	25.9 Cr.	69.2	84.0/40.0	11.5	62.4	0.00 %	12.5 %	9.50 %	10.0
Rudra Ecovation Ltd	601 Cr.	57.2	82.6/29.1	1,430	9.01	0.00 %	1.92 %	4.05 %	1.00
H P Cotton Textile Mills Ltd	50.3 Cr.	128	194/110		38.5	0.00 %	4.39 %	6.57 %	10.0
Gujarat Hy-Spin Ltd	33.1 Cr.	19.8	20.7/8.50	31.2	11.2	0.00 %	4.31 %	0.90 %	10.0
Gem Spinners India Ltd	57.4 Cr.	9.35	10.6/3.27		0.31	0.00 %	9.62 %	%	5.00
Industry Average	3,498.96 Cr	217.99		99.19	126.10	0.29%	32.92%	11.11%	7.40

All Competitor Stocks of

Quarterly Result

Month	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Sales	118.95	131.74	133.03	175.02	122.72	149.32	91.14	94.78	97.44	90.16	98.73	76.14	70.25
Expenses	103.71	112.32	117.33	156.29	104.73	133.88	88.26	96.47	97.51	90.41	93.13	73.64	70.56
Operating Profit	15.24	19.42	15.70	18.73	17.99	15.44	2.88	-1.69	-0.07	-0.25	5.60	2.50	-0.31
OPM %	12.81%	14.74%	11.80%	10.70%	14.66%	10.34%	3.16%	-1.78%	-0.07%	-0.28%	5.67%	3.28%	-0.44%
Other Income	0.14	0.11	1.55	0.71	0.10	0.29	0.02	0.16	15.50	0.51	0.47	0.28	3.64
Interest	6.21	6.41	6.72	7.57	6.60	6.71	4.28	3.31	2.49	2.91	2.94	3.05	2.51
Depreciation	4.49	4.50	4.32	4.38	4.55	4.53	3.89	3.68	3.63	3.71	3.53	3.87	3.72
Profit before tax	4.68	8.62	6.21	7.49	6.94	4.49	-5.27	-8.52	9.31	-6.36	-0.40	-4.14	-2.90
Tax %	8.97%	17.52%	18.36%	50.47%	13.11%	28.73%	19.73%	-9.86%	32.33%	7.23%	-545.00%	-78.99%	276.90%
Net Profit	4.26	7.12	5.08	3.70	6.03	3.20	-4.24	-9.38	6.29	-5.90	-2.59	-7.41	5.13
EPS in Rs	1.97	3.30	2.35	1.71	2.79	1.48	-3.27	-7.24	4.85	-4.55	-2.00	-5.72	3.96

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2017	Mar 2023	Mar 2024
Sales	553	411	335
Expenses	483	403	328
Operating Profit	69	8	8
OPM %	12%	2%	2%
Other Income	2	16	5
Interest	27	13	11
Depreciation	18	14	15
Profit before tax	27	-3	-14
Tax %	44%	90%	-22%
Net Profit	15	-7	-11
EPS in Rs	6.97	-5.04	-8.31
Dividend Payout %	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2023-2024
YoY Net Profit Growth (%)	-57.14%
Change in YoY Net Profit Growth (%)	0.00%

has shown a consistent positive trend in YoY Net Profit Growth (%) in the last 1 years from 2023-2024 to 2023-2024.

Growth

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

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	116%

Stock Price CAGR
10 Years:	16%
5 Years:	22%
3 Years:	2%
1 Year:	57%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:40 pm

Month	Mar 2017	Mar 2024	Sep 2024
Equity Capital	22	13	13
Reserves	152	110	114
Borrowings	234	105	115
Other Liabilities	110	61	60
Total Liabilities	517	289	302
Fixed Assets	296	181	172
CWIP	0	0	0
Investments	1	2	2
Other Assets	221	106	128
Total Assets	517	289	302

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2017	Mar 2023	Mar 2024
Cash from Operating Activity +	57	67	4
Cash from Investing Activity +	-15	-6	2
Cash from Financing Activity +	-39	-64	-12
Net Cash Flow	3	-2	-6

Free Cash Flow

Month	Mar 2017	Mar 2023	Mar 2024
Free Cash Flow	-165.00	8.00	-97.00

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 2017	Mar 2024
Debtor Days	38	35
Inventory Days	116	99
Days Payable	50	36
Cash Conversion Cycle	104	98
Working Capital Days	50	66
ROCE %

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	74.04%	74.04%	74.04%	74.04%	74.04%	74.04%	74.04%	74.04%	74.04%	74.04%	74.04%	74.04%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%	0.00%	0.00%	0.23%	0.00%
DIIs	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public	25.96%	25.96%	25.96%	25.94%	25.96%	25.96%	25.95%	25.93%	25.96%	25.95%	25.72%	25.94%
No. of Shareholders	9,459	10,522	10,614	10,519	10,273	9,915	9,534	9,615	9,332	9,366	8,566	9,029

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 17	Mar 16	Mar 15
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-8.31	-5.04	6.96	5.02	4.12
Diluted EPS (Rs.)	-8.31	-5.04	6.96	5.02	4.12
Cash EPS (Rs.)	3.13	5.85	15.16	12.93	11.93
Book Value[Excl.RevalReserv]/Share (Rs.)	95.03	103.54	80.54	73.55	69.86
Book Value[Incl.RevalReserv]/Share (Rs.)	95.03	103.54	80.54	73.55	69.86
Revenue From Operations / Share (Rs.)	258.65	316.96	258.62	208.25	215.37
PBDIT / Share (Rs.)	9.58	18.28	33.14	25.52	25.56
PBIT / Share (Rs.)	-1.86	7.39	24.95	17.61	17.75
PBT / Share (Rs.)	-10.66	-2.65	12.50	6.73	5.89
Net Profit / Share (Rs.)	-8.30	-5.04	6.97	5.02	4.12
NP After MI And SOA / Share (Rs.)	-8.30	-5.04	6.97	5.02	4.12
PBDIT Margin (%)	3.70	5.76	12.81	12.25	11.86
PBIT Margin (%)	-0.71	2.33	9.64	8.45	8.24
PBT Margin (%)	-4.12	-0.83	4.83	3.23	2.73
Net Profit Margin (%)	-3.21	-1.58	2.69	2.41	1.91
NP After MI And SOA Margin (%)	-3.21	-1.58	2.69	2.41	1.91
Return on Networth / Equity (%)	-8.74	-4.86	8.65	6.82	5.89
Return on Capital Employeed (%)	-1.29	4.47	18.91	13.12	13.27
Return On Assets (%)	-3.72	-2.11	2.91	2.25	1.91
Long Term Debt / Equity (X)	0.24	0.31	0.37	0.55	0.62
Total Debt / Equity (X)	0.77	0.70	1.11	1.28	1.27
Asset Turnover Ratio (%)	0.00	0.00	1.12	0.95	0.00
Current Ratio (X)	0.97	1.05	0.82	0.80	0.75
Quick Ratio (X)	0.43	0.43	0.34	0.80	0.75
Inventory Turnover Ratio (X)	0.00	0.00	6.25	6.04	0.00
Dividend Payout Ratio (NP) (%)	0.00	0.00	0.00	21.91	24.29
Dividend Payout Ratio (CP) (%)	0.00	0.00	0.00	8.50	8.38
Earning Retention Ratio (%)	0.00	0.00	0.00	78.09	75.71
Cash Earning Retention Ratio (%)	0.00	0.00	0.00	91.50	91.62
Interest Coverage Ratio (X)	1.09	1.82	2.66	2.35	2.17
Interest Coverage Ratio (Post Tax) (X)	0.05	0.49	1.56	1.46	1.36
Enterprise Value (Cr.)	277.92	242.80	971.03	419.19	269.52
EV / Net Operating Revenue (X)	0.82	0.59	1.74	0.93	0.57
EV / EBITDA (X)	22.38	10.25	13.56	7.60	4.88
MarketCap / Net Operating Revenue (X)	0.55	0.37	1.41	0.49	0.18
Retention Ratios (%)	0.00	0.00	0.00	78.08	75.70
Price / BV (X)	1.51	1.16	4.53	1.41	0.56
Price / Net Operating Revenue (X)	0.55	0.37	1.41	0.49	0.18
EarningsYield	-0.05	-0.04	0.01	0.04	0.10

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 2,354.06

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 December 22, 2024, is Undervalued by 950.92% compared to the current share price 224.00

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

Intrinsic Value of as of December 22, 2024 is: 928.82

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 December 22, 2024, is Undervalued by 314.65% compared to the current share price 224.00

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

Last 5 Year EPS CAGR: -60.54%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (433.00 cr) and profit (3.33 cr) over the years.	The stock has a low average ROCE of 0.00%, which may not be favorable. The stock has a high average Working Capital Days of 38.67, which may not be favorable. The stock has a high average Cash Conversion Cycle of 67.33, which may not be favorable. The company has higher borrowings (151.33) compared to reserves (125.33), which may suggest financial risk.

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 :
1. Net Profit Margin: -3.21%
  - 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: -1.29% (Industry Average ROCE: 32.92%)
  - 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%: -8.74% (Industry Average ROE: 11.11%)
  - 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): 0.05
  - 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: 0.43
  - 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: 157 (Industry average Stock P/E: 99.19)
  - 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: 0.77
  - 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

Shiva Texyarn Ltd. is a Public Limited Listed company incorporated on 28/05/1980 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L65921TZ1980PLC000945 and registration number is 000945. 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. 477.07 Cr. and Equity Capital is Rs. 12.96 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Textiles - Spinning - Cotton Blended	52, East Bashyakaralu Road, R S Puram, Coimbatore Tamil Nadu 641002	secretary@shivatex.co.in https://www.shivatex.in

Management
Name	Position Held
Mr. S V Alagappan	Chairman
Mr. S K Sundararaman	Managing Director
Dr. S V Kandasami	Director
Mrs. S Sujana Abirami	Director
Mr. S Marusamy	Director
Mr. A Dhananjayan	Director
Mr. D Satish Krishnan	Director
Mrs. V Bhuvaneshwari	Director
Mr. Jayaram Govindarajan	Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹2354.06, which is 950.92% higher than the current market price of ₹224.00. The stock has a market capitalization of 290 Cr. and recorded a high/low of 299/135 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹114 Cr and total liabilities of ₹302 Cr.

What is the Market Cap of ?

The Market Cap of is 290 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 224.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 299/135.

What is the Stock P/E of ?

The Stock P/E of is 157.

What is the Book Value of ?

The Book Value of is 98.0.

What is the Dividend Yield of ?

The Dividend Yield of is 0.00 %.

What is the ROCE of ?

The ROCE of is %.

What is the ROE of ?

The ROE of is %.

What is the Face Value of ?

The Face Value of is 10.0.

Share Price and Basic Stock Data

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

Competitors of

Quarterly Result

Quarterly Chart

Profit & Loss - Annual Report

Profit & Loss Yearly Chart

YoY Net Profit Growth

Growth

Balance Sheet

Reserves and Borrowings Chart

Cash Flow

Free Cash Flow

Free Cash Flow Chart

Financial Efficiency Indicators

Financial Efficiency Indicators Chart

Share Holding Pattern

Shareholding Pattern Chart

No. of Shareholders

ROCE Trend

EPS Trend

Key Financial Ratios

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Strength and Weakness

About the Company - Qualitative Analysis

FAQ

What is the latest intrinsic value of ?

What is the Market Cap of ?

What is the current Stock Price of as on 21 December 2024?

What is the High / Low of stocks in FY 2024-2025?

What is the Stock P/E of ?

What is the Book Value of ?

What is the Dividend Yield of ?

What is the ROCE of ?

What is the ROE of ?

What is the Face Value of ?

About the Author

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