Spentex Industries Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 13, 2024, 11:32 pm

Market Cap	25.1 Cr.
Current Price	2.80
High / Low	2.80/2.15
Stock P/E
Book Value	0.73
Dividend Yield	0.00 %
ROCE	75.2 %
ROE	%
Face Value	10.0
PEG Ratio	0.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Spentex Industries Ltd

Competitors of Spentex Industries Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Gujarat Metallic Coal & Coke Ltd	5.94 Cr.	30.0	32.8/19.9		77.6	0.00 %	0.37 %	2.00 %	100
Gensol Engineering Ltd	2,814 Cr.	743	1,377/725	34.5	155	0.00 %	14.3 %	20.1 %	10.0
Gagan Polycot India Ltd	0.86 Cr.	0.86	/		4.08	0.00 %	81.2 %	81.2 %	10.0
Fusion Micro Finance Ltd	1,740 Cr.	173	675/161		251	0.00 %	14.1 %	19.6 %	10.0
Five X Tradecom Ltd	0.99 Cr.	0.48	/		9.35	0.00 %	0.00 %	0.00 %	10.0
Industry Average	5,712.22 Cr	261.51		227.72	108.75	0.25%	21.46%	71.78%	9.42

All Competitor Stocks of Spentex Industries Ltd

Quarterly Result

Month	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	55.64	28.87	12.75	11.70	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Expenses	68.83	61.47	26.70	27.26	0.35	0.48	0.55	0.56	0.27	1.68	0.45	24.95	0.37
Operating Profit	-13.19	-32.60	-13.95	-15.56	-0.35	-0.48	-0.55	-0.56	-0.27	-1.68	-0.45	-24.95	-0.37
OPM %	-23.71%	-112.92%	-109.41%	-132.99%
Other Income	2.09	41.26	3.61	6.44	0.00	0.00	0.00	0.00	2.75	0.06	0.05	5.03	0.08
Interest	0.26	1.25	1.72	1.17	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.71	1.11
Depreciation	2.44	2.49	2.47	2.47	2.25	2.25	2.25	2.25	2.77	2.80	2.63	1.81	0.99
Profit before tax	-13.80	4.92	-14.53	-12.76	-2.60	-2.73	-2.80	-2.81	-0.29	-4.42	-3.03	-25.44	-2.39
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.36%	0.00%
Net Profit	-13.80	4.92	-14.53	-12.76	-2.60	-2.73	-2.80	-2.81	-0.29	-4.42	-3.02	-26.55	-2.39
EPS in Rs	-1.54	0.55	-1.62	-1.42	-0.29	-0.30	-0.31	-0.31	-0.03	-0.49	-0.34	-2.96	-0.27

Last Updated: November 6, 2024, 7:01 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,060	967	1,129	1,142	890	798	778	480	245	0	0	0	0
Expenses	912	1,014	1,023	1,067	878	800	842	518	300	2	2	27	27
Operating Profit	148	-46	106	75	11	-2	-65	-37	-55	-2	-2	-27	-27
OPM %	14%	-5%	9%	7%	1%	-0%	-8%	-8%	-22%
Other Income	4	-33	18	13	17	9	58	-110	51	0	0	8	5
Interest	80	85	77	81	79	77	51	10	7	0	0	4	5
Depreciation	34	33	26	18	12	11	11	11	10	9	9	10	8
Profit before tax	38	-198	21	-12	-62	-81	-68	-168	-21	-11	-11	-33	-35
Tax %	0%	2%	0%	0%	1%	0%	0%	-0%	0%	0%	0%	3%
Net Profit	38	-201	21	-12	-63	-81	-68	-168	-21	-11	-11	-34	-36
EPS in Rs	4.61	-24.19	2.33	-1.32	-6.99	-9.01	-7.63	-18.68	-2.36	-1.28	-1.22	-3.82	-4.06
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2011-2012	2012-2013	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2022-2023	2023-2024
YoY Net Profit Growth (%)	-628.95%	110.45%	-157.14%	-425.00%	-28.57%	16.05%	-147.06%	87.50%	0.00%	-209.09%
Change in YoY Net Profit Growth (%)	0.00%	739.40%	-267.59%	-267.86%	396.43%	44.62%	-163.11%	234.56%	-87.50%	-209.09%

Spentex Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2011-2012 to 2023-2024.

Growth

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

Compounded Profit Growth
10 Years:	%
5 Years:	-8%
3 Years:	%
TTM:	-282%

Stock Price CAGR
10 Years:	-4%
5 Years:	52%
3 Years:	-7%
1 Year:	24%

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

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 1:58 pm

Month	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	81	83	88	90	90	90	90	90	90	90	90	10	10
Reserves	41	-163	-141	-154	-207	-288	-356	-527	-560	-627	-638	46	-4
Borrowings	466	486	492	480	442	565	523	525	522	536	536	35	43
Other Liabilities	203	181	188	190	218	157	172	166	192	214	216	5	15
Total Liabilities	791	588	628	606	542	524	428	254	244	212	203	96	64
Fixed Assets	273	242	220	205	193	183	173	163	153	124	115	46	38
CWIP	1	0	0	0	0	0	0	0	0	0	0	3	6
Investments	77	77	77	77	77	77	20	0	0	0	0	0	0
Other Assets	440	268	331	323	272	263	235	91	91	88	88	47	21
Total Assets	791	588	628	606	542	524	428	254	244	212	203	96	64

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	99	76	61	91	104	2	61	7	7	-4	-0	-6
Cash from Investing Activity +	1	-1	-3	-2	-0	-0	1	1	-0	0	0	58
Cash from Financing Activity +	-104	-75	-56	-90	-106	-0	-63	-7	-7	0	0	-48
Net Cash Flow	-3	0	2	-2	-1	1	-1	1	-1	-4	-0	4

Free Cash Flow

Month	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-318.00	-532.00	-386.00	-405.00	-431.00	-567.00	-588.00	-562.00	-577.00	-538.00	-538.00	-62.00

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 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2024
Debtor Days	26	17	13	11	13	21	18	7	9
Inventory Days	71	22	43	49	36	30	35	25	13
Days Payable	83	60	61	54	87	35	54	66	142
Cash Conversion Cycle	14	-21	-6	5	-38	16	-1	-34	-121
Working Capital Days	11	-39	-25	-20	-61	-102	-24	-205	-479
ROCE %	23%	-13%	24%	16%	4%	-1%	1%	-21%	-27%	-75%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	42.10%	42.10%	42.10%	42.10%	42.10%	42.10%	42.10%	42.10%	95.00%	95.00%	95.00%	95.00%
DIIs	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.02%	0.02%	0.00%	0.00%	0.00%	0.00%
Public	57.87%	57.87%	57.87%	57.87%	57.87%	57.87%	57.87%	57.85%	5.00%	5.00%	5.00%	5.00%
No. of Shareholders	36,238	36,178	36,087	35,942	35,882	35,887	36,436	36,246	13,190	13,190	13,190	13,190

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 19	Mar 18	Mar 17	Mar 16	Mar 15
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-4.05	-12.86	-34.45	-11.67	-9.56
Diluted EPS (Rs.)	-4.05	-12.86	-34.45	-11.67	-9.56
Cash EPS (Rs.)	-2.94	-11.68	-32.90	-10.03	-7.87
Book Value[Excl.RevalReserv]/Share (Rs.)	-106.75	-99.83	-88.92	-55.35	-43.02
Book Value[Incl.RevalReserv]/Share (Rs.)	-106.75	-99.83	-88.92	-55.35	-43.02
Revenue From Operations / Share (Rs.)	27.31	53.44	86.96	89.01	101.49
PBDIT / Share (Rs.)	-1.33	6.58	0.93	-0.12	2.10
PBIT / Share (Rs.)	-2.44	5.40	-0.61	-1.76	0.41
PBT / Share (Rs.)	-4.05	-12.91	-34.45	-11.67	-9.64
Net Profit / Share (Rs.)	-4.05	-12.86	-34.45	-11.67	-9.56
NP After MI And SOA / Share (Rs.)	-4.05	-12.86	-34.45	-11.67	-9.56
PBDIT Margin (%)	-4.86	12.31	1.07	-0.14	2.07
PBIT Margin (%)	-8.95	10.11	-0.70	-1.98	0.41
PBT Margin (%)	-14.83	-24.15	-39.61	-13.11	-9.50
Net Profit Margin (%)	-14.83	-24.06	-39.61	-13.11	-9.41
NP After MI And SOA Margin (%)	-14.83	-24.06	-39.61	-13.11	-9.41
Return on Capital Employeed (%)	2.60	-6.53	0.85	5.87	27.00
Return On Assets (%)	-14.89	-43.47	-74.20	-14.13	-11.33
Long Term Debt / Equity (X)	0.00	-0.03	-0.04	-0.21	-0.74
Total Debt / Equity (X)	-0.32	-0.60	-0.69	-0.87	-1.26
Asset Turnover Ratio (%)	0.96	1.43	1.33	1.25	1.33
Current Ratio (X)	0.07	0.05	0.10	0.16	0.23
Quick Ratio (X)	0.07	0.03	0.05	0.12	0.14
Inventory Turnover Ratio (X)	9.44	8.11	11.28	9.80	6.78
Interest Coverage Ratio (X)	-0.60	3.05	0.13	-0.01	0.20
Interest Coverage Ratio (Post Tax) (X)	-1.12	2.53	-0.08	-0.17	0.03
Enterprise Value (Cr.)	327.61	579.27	586.88	456.46	514.19
EV / Net Operating Revenue (X)	1.34	1.21	0.75	0.57	0.56
EV / EBITDA (X)	-27.45	9.80	70.12	-405.06	27.22
MarketCap / Net Operating Revenue (X)	0.06	0.07	0.03	0.03	0.03
Price / BV (X)	-0.01	-0.04	-0.03	-0.05	-0.08
Price / Net Operating Revenue (X)	0.06	0.07	0.03	0.03	0.03
EarningsYield	-2.29	-3.03	-10.04	-3.66	-2.75

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Spentex Industries Ltd as of December 26, 2024 is: 1.68

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 26, 2024, Spentex Industries Ltd is Overvalued by 40.00% compared to the current share price 2.80

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

Intrinsic Value of Spentex Industries Ltd as of December 26, 2024 is: 1.38

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 26, 2024, Spentex Industries Ltd is Overvalued by 50.71% compared to the current share price 2.80

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

Last 5 Year EPS CAGR: -18.02%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -78.67, which is a positive sign. The stock has a low average Cash Conversion Cycle of -15.50, which is a positive sign.	The stock has a low average ROCE of -5.75%, which may not be favorable. The company has higher borrowings (434.69) compared to reserves (-275.23), which may suggest financial risk. The company has not shown consistent growth in sales (320.08) and profit (-49.31).

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 Spentex Industries Ltd:
1. Net Profit Margin: -14.83%
  - 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: 2.6% (Industry Average ROCE: 21.46%)
  - 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%: 0% (Industry Average ROE: 71.78%)
  - 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): -1.12
  - 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: 0.07
  - 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: 0 (Industry average Stock P/E: 227.72)
  - 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: -0.32
  - 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

INDUSTRY	ADDRESS	CONTACT
Industry not found	Address not found	Contact not found

Management Data not Available

FAQ

What is the latest intrinsic value of Spentex Industries Ltd?

The latest intrinsic value of Spentex Industries Ltd as on 26 December 2024 is ₹1.68, which is 40.00% lower than the current market price of ₹2.80. The stock has a market capitalization of 25.1 Cr. and recorded a high/low of 2.80/2.15 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹-4 Cr and total liabilities of ₹64 Cr.

What is the Market Cap of Spentex Industries Ltd?

The Market Cap of Spentex Industries Ltd is 25.1 Cr..

What is the current Stock Price of Spentex Industries Ltd as on 26 December 2024?

The current stock price of Spentex Industries Ltd as on 26 December 2024 is 2.80.

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

In FY 2024-2025, the High / Low of Spentex Industries Ltd stocks is 2.80/2.15.

What is the Stock P/E of Spentex Industries Ltd?

The Stock P/E of Spentex Industries Ltd is .

What is the Book Value of Spentex Industries Ltd?

The Book Value of Spentex Industries Ltd is 0.73.

What is the Dividend Yield of Spentex Industries Ltd?

The Dividend Yield of Spentex Industries Ltd is 0.00 %.

What is the ROCE of Spentex Industries Ltd?

The ROCE of Spentex Industries Ltd is 75.2 %.

What is the ROE of Spentex Industries Ltd?

The ROE of Spentex Industries Ltd is %.

What is the Face Value of Spentex Industries Ltd?

The Face Value of Spentex Industries Ltd is 10.0.