Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Soma Textiles & Industries Ltd

About the Company - Soma Textiles & Industries Ltd

Soma Textiles & Industries Ltd. is a Public Limited Listed company incorporated on 29/03/1940 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L51909WB1940PLC010070 and registration number is 010070. Currently Company is involved in the business activities of Finishing of cotton and blended cotton textiles.. Company’s Total Operating Revenue is Rs. 14.55 Cr. and Equity Capital is Rs. 33.23 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Composite Mills2, Red Cross Place, Kolkata West Bengal 700001investors@somatextiles.com
http://www.somatextiles.com
Management
NamePosition Held
Mr. S K SomanyNon Executive Chairman
Mr. A K SomanyManaging Director
Mr. S B BhatWhole Time Executive Director
Mr. B K HurkatInd. Non-Executive Director
Mr. M H ShahInd. Non-Executive Director
Mrs. N SinghInd. Non-Executive Director

Soma Textiles & Industries Ltd. Share Price Update

Share PriceValue
Today₹24.29
Previous Day₹25.56

Basic Stock Data of Soma Textiles & Industries Ltd

Market Cap 87.5 Cr.
Current Price 26.5
High / Low50.2/15.7
Stock P/E
Book Value 23.0
Dividend Yield0.00 %
ROCE11.0 %
ROE%
Face Value 10.0

Data Source: screener.in

Competitors of Soma Textiles & Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Ruby Mills Ltd 746 Cr. 223272/13718.9 1710.55 %5.67 %6.14 % 5.00
Mohota Industries Ltd 6.77 Cr. 4.605.05/3.80 99.80.00 %%1.89 % 10.0
Nahar Industrial Enterprises Ltd 588 Cr. 136170/85.485.5 2160.00 %8.07 %6.48 % 10.0
Industry Average446.92 Cr121.2034.80162.270.18%4.58%4.84%8.33

Soma Textiles & Industries Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales2.424.575.692.814.955.051.740.260.152.012.781.071.57
Expenses3.926.386.984.809.156.712.891.016.133.554.511.872.49
Operating Profit-1.50-1.81-1.29-1.99-4.20-1.66-1.15-0.75-5.98-1.54-1.73-0.80-0.92
OPM %-61.98%-39.61%-22.67%-70.82%-84.85%-32.87%-66.09%-288.46%-3,986.67%-76.62%-62.23%-74.77%-58.60%
Other Income-2.09-0.190.253.653.290.823.2411.4240.13132.901.411.481.76
Interest3.463.713.394.573.563.574.884.673.000.180.230.200.18
Depreciation0.330.330.300.270.220.210.180.190.170.080.080.080.08
Profit before tax-7.38-6.04-4.73-3.18-4.69-4.62-2.975.8130.98131.10-0.630.400.58
Tax %0.00%0.00%21.78%0.00%0.00%0.00%-34.01%0.00%0.00%0.00%-285.71%0.00%0.00%
Net Profit-7.38-6.04-3.70-3.18-4.69-4.62-3.985.8130.98131.10-2.430.400.58
EPS in Rs-2.23-1.83-1.12-0.96-1.42-1.40-1.201.769.3839.69-0.740.120.18

Soma Textiles & Industries Ltd Quarterly Chart

Soma Textiles & Industries Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales266323273226170127833826131557
Expenses24929427123516612178462818191012
Operating Profit17292-10465-8-2-5-5-5-5
OPM %6%9%1%-4%2%5%6%-21%-7%-41%-33%-96%-67%
Other Income1612177879810-29181138
Interest242424232315131313141981
Depreciation17161318743321110
Profit before tax-81-18-44-18-6-3-16-7-23-15167131
Tax %5%275%25%23%20%-33%-139%-6%16%5%-7%1%
Net Profit-7-2-13-34-14-8-8-17-6-21-16165130
EPS in Rs-2.26-0.50-4.04-10.17-4.31-2.52-2.49-5.20-1.78-6.51-4.9950.0939.25
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Soma Textiles & Industries Ltd Profit & Loss Yearly Chart

Soma Textiles & Industries Ltd Growth

Compounded Sales Growth
10 Years:-34%
5 Years:-43%
3 Years:-41%
TTM:80%
Compounded Profit Growth
10 Years:4%
5 Years:12%
3 Years:23%
TTM:51%
Stock Price CAGR
10 Years:24%
5 Years:44%
3 Years:48%
1 Year:19%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Soma Textiles & Industries Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital33.2333.2333.2333.2333.2333.2333.2333.2333.2333.2333.2333.2333.23
Reserves44.0042.3419.25-16.33-30.55-49.40-57.58-74.85-80.96-110.26-126.6934.1742.90
Preference Capital0.000.009.759.759.750.003.223.493.7711.8312.1612.53
Borrowings198.47202.28189.04173.83162.33123.13112.72110.39108.56106.39103.834.758.73
Other Liabilities28.9548.7958.4641.6665.1253.1976.0286.01103.21124.27141.9414.772.11
Total Liabilities304.65326.64299.98232.39230.13160.15164.39154.78164.04153.63152.3186.9286.97
Fixed Assets109.42101.8471.0848.5339.8229.9227.8824.7619.0416.8311.102.882.52
CWIP1.802.130.240.060.000.000.000.010.000.000.000.000.00
Investments0.340.340.340.340.340.342.422.522.261.931.841.991.65
Other Assets193.09222.33228.32183.46189.97129.89134.09127.49142.74134.87139.3782.0582.80
Total Assets304.65326.64299.98232.39230.13160.15164.39154.78164.04153.63152.3186.9286.97

Soma Textiles & Industries Ltd Reserves and Borrowings Chart

Soma Textiles & Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -10.9626.70-6.3450.3315.6224.9613.35-17.91-6.24-6.0633.10170.23
Cash from Investing Activity -3.22-7.1024.402.472.269.264.746.508.716.139.6220.26
Cash from Financing Activity 14.39-19.50-18.49-54.89-7.75-42.82-2.21-2.47-1.94-2.29-2.92-232.59
Net Cash Flow0.210.10-0.43-2.0910.13-8.6115.88-13.880.52-2.2239.80-42.09

Soma Textiles & Industries Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days4154583138141121102132
Inventory Days13913914581775016157122230560
Days Payable3564364359131498617913724
Cash Conversion Cycle14513016769565023-28-5610335132
Working Capital Days8376111-11-23-107-247-733-1,300-2,829-3,363112
ROCE %2%7%-3%-11%-1%2%3%-13%-6%-12%-0%11%

Soma Textiles & Industries Ltd Financial Efficiency Indicators Chart

Soma Textiles & Industries Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters63.68%63.68%63.68%63.68%63.68%63.68%63.68%63.68%67.77%72.76%72.76%72.76%
DIIs0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%
Public36.28%36.28%36.28%36.28%36.28%36.28%36.28%36.28%32.19%27.19%27.19%27.20%
No. of Shareholders11,24111,62712,86714,45014,35214,27313,92213,86814,35413,95013,96713,834

Soma Textiles & Industries Ltd Shareholding Pattern Chart

No. of Soma Textiles & Industries Ltd Shareholders

This stock is not held by any mutual fund

Soma Textiles & Industries Ltd ROCE Trend

Soma Textiles & Industries Ltd EPS Trend

Soma Textiles & Industries Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)50.09-4.96-6.54-1.86-5.24
Diluted EPS (Rs.)50.09-4.96-6.54-1.86-5.24
Cash EPS (Rs.)49.95-4.66-6.08-1.02-4.28
Book Value[Excl.RevalReserv]/Share (Rs.)20.28-25.80-20.87-14.37-12.52
Book Value[Incl.RevalReserv]/Share (Rs.)20.28-25.80-20.87-14.37-12.52
Revenue From Operations / Share (Rs.)1.564.383.867.7911.57
PBDIT / Share (Rs.)1.94-0.66-1.19-0.18-1.53
PBIT / Share (Rs.)1.78-0.93-1.58-0.93-2.41
PBT / Share (Rs.)50.34-4.62-6.78-2.11-4.89
Net Profit / Share (Rs.)49.80-4.92-6.47-1.77-5.17
NP After MI And SOA / Share (Rs.)49.80-4.94-6.48-1.78-5.17
PBDIT Margin (%)124.07-15.22-30.81-2.43-13.18
PBIT Margin (%)114.01-21.25-40.87-11.97-20.85
PBT Margin (%)3218.23-105.47-175.54-27.08-42.24
Net Profit Margin (%)3183.54-112.45-167.52-22.70-44.64
NP After MI And SOA Margin (%)3183.54-112.81-167.90-22.86-44.64
Return on Networth / Equity (%)245.480.000.000.000.00
Return on Capital Employeed (%)6.98-27.85-13.47-4.88-11.32
Return On Assets (%)190.35-10.83-14.02-3.60-11.08
Long Term Debt / Equity (X)0.06-1.13-1.55-2.30-2.67
Total Debt / Equity (X)0.06-1.13-1.55-2.30-2.67
Asset Turnover Ratio (%)0.040.090.080.160.24
Current Ratio (X)2.300.350.370.280.30
Quick Ratio (X)2.300.350.350.250.26
Inventory Turnover Ratio (X)0.003.361.532.871.18
Interest Coverage Ratio (X)0.79-0.15-0.28-0.04-0.37
Interest Coverage Ratio (Post Tax) (X)0.51-0.28-0.30-0.15-0.66
Enterprise Value (Cr.)130.6676.2999.2697.64109.98
EV / Net Operating Revenue (X)25.145.247.743.772.86
EV / EBITDA (X)20.26-34.44-25.11-155.20-21.69
MarketCap / Net Operating Revenue (X)23.441.631.490.270.43
Price / BV (X)1.81-0.27-0.27-0.15-0.40
Price / Net Operating Revenue (X)23.451.641.490.270.43
EarningsYield1.36-0.68-1.13-0.82-1.03

Soma Textiles & Industries Ltd Profitability Ratios (%)

Soma Textiles & Industries Ltd Liquidity Ratios

Soma Textiles & Industries Ltd Liquidity Ratios (%)

Soma Textiles & Industries Ltd Interest Coverage Ratios (X)

Soma Textiles & Industries Ltd Valuation Ratios

Fair Value / Intrinsic Value of Soma Textiles & Industries Ltd

Fair Value: ₹52.79

The stock is undervalued by 99.19% compared to the current price ₹26.5

*Investments are subject to market risks

Strength and Weakness of Soma Textiles & Industries Ltd

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of -0.81 and average Dividend Yield of 3.81%.
  2. The stock has a low average Working Capital Days of -62.08, which is a positive sign.
  3. The company has shown consistent growth in sales (120.92 cr) and profit (10.85 cr) over the years.
  1. The stock has a low average ROCE of -1.75%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 68.83, which may not be favorable.
  3. The company has higher borrowings (5.87) compared to reserves (-28.00), which may suggest financial risk.

Should I Buy Soma Textiles & Industries Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Soma Textiles & Industries Ltd:
    1. Net Profit Margin: 3183.54%
      • 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: 6.98% (Industry Average ROCE: 4.58%)
      • 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. Interest Coverage Ratio (Post Tax): 0.51
      • 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.
    4. Quick Ratio: 2.30
      • 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.
    5. ✓ Stock P/E of N/A (Industry average Stock P/E: 35.17)
      • 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.
    6. ✓ Total Debt / Equity: 0.06
      • 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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 Soma Textiles & Industries 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