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Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of STL Global Ltd

About the Company - STL Global Ltd

STL Global Ltd. is a Public Limited Listed company incorporated on 22/07/1997 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L51909DL1997PLC088667 and registration number is 088667. Currently Company is involved in the business activities of Manufacture of knitted and crocheted cotton fabrics. Company’s Total Operating Revenue is Rs. 120.41 Cr. and Equity Capital is Rs. 27.22 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - GeneralUnit No. 111, Block No.1, 1st Floor, New Delhi Delhi 110065investors@stl-global.com
http://www.stl-global.com
Management
NamePosition Held
Mr. Vinod Kumar AggarwalChairman & Managing Director
Mr. Sanjiv Kumar AggarwalWhole Time Director
Mr. Satya Narain AggarwalInd. Non-Executive Director
Mr. Manav RastogiNon Exe.Non Ind.Director
Ms. Anjana MehraInd. Non-Executive Woman Director
Mr. MukeshAddnl.Non Exe.Independent Director

STL Global Ltd. Share Price Update

Share PriceValue
Today₹17.90
Previous Day₹17.54

Basic Stock Data of STL Global Ltd

Market Cap 48.7 Cr.
Current Price 17.7
High / Low22.7/11.1
Stock P/E
Book Value 10.1
Dividend Yield0.00 %
ROCE1.78 %
ROE0.75 %
Face Value 10.0

Data Source: screener.in

Competitors of STL Global Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Milton Industries Ltd 76.0 Cr. 44.848.4/19.437.6 25.80.00 %9.28 %6.89 % 10.0
Shiva Mills Ltd 82.0 Cr. 94.9116/60.6 1130.00 %6.00 %6.85 % 10.0
Advance Lifestyles Ltd 26.4 Cr. 42.464.8/22.5165 49.70.00 %0.04 %0.10 % 10.0
TCNS Clothing Co. Ltd 2,423 Cr. 383542/341 72.00.00 %1.72 %3.17 % 2.00
Morarjee Textiles Ltd 93.2 Cr. 25.632.8/16.0 94.60.00 %21.8 %% 7.00
Industry Average540.12 Cr118.1440.5271.020.00%7.77%3.40%7.80

STL Global Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales16.9024.8324.9925.2331.7133.7529.7329.0525.6925.6320.2716.4421.31
Expenses16.7223.1523.3024.3930.8132.3028.8327.8224.8825.8619.7317.3521.02
Operating Profit0.181.681.690.840.901.450.901.230.81-0.230.54-0.910.29
OPM %1.07%6.77%6.76%3.33%2.84%4.30%3.03%4.23%3.15%-0.90%2.66%-5.54%1.36%
Other Income0.180.0135.850.600.110.010.220.040.000.000.180.040.01
Interest0.110.130.200.180.180.180.240.180.180.140.170.120.25
Depreciation0.340.340.360.280.280.320.360.350.410.420.400.340.35
Profit before tax-0.091.2236.980.980.550.960.520.740.22-0.790.15-1.33-0.30
Tax %0.00%0.00%0.00%0.00%41.82%0.00%-140.38%13.51%40.91%21.52%46.67%-2.26%-10.00%
Net Profit-0.091.2336.980.980.320.961.230.630.14-0.620.07-1.35-0.32
EPS in Rs-0.030.4513.470.360.120.350.450.230.05-0.230.03-0.49-0.12

STL Global Ltd Quarterly Chart

STL Global Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales109.1670.3671.6778.9168.6381.66104.50148.2392.3672.33120.26100.6383.65
Expenses113.9782.1870.5778.8662.9763.0885.09104.1789.5969.03115.9798.2983.96
Operating Profit-4.81-11.821.100.055.6618.5819.4144.062.773.304.292.34-0.31
OPM %-4.41%-16.80%1.53%0.06%8.25%22.75%18.57%29.72%3.00%4.56%3.57%2.33%-0.37%
Other Income28.330.120.030.17-3.661.9215.222.5324.6736.010.760.220.23
Interest21.6219.9322.8423.882.000.010.391.080.850.540.800.660.68
Depreciation9.207.476.596.424.693.642.862.201.711.361.241.581.51
Profit before tax-7.30-39.10-28.30-30.08-4.6916.8531.3843.3124.8837.413.010.32-2.27
Tax %-293.97%-0.38%-2.05%0.00%-7.04%0.00%1.72%0.00%0.00%0.00%-16.61%31.25%
Net Profit-28.77-39.24-28.88-30.08-5.0216.8530.8443.3124.8837.403.500.22-2.22
EPS in Rs-10.48-14.29-10.52-10.96-1.836.1411.2315.789.0613.621.270.08-0.81
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

STL Global Ltd Profit & Loss Yearly Chart

TCNS Clothing Co. Ltd Growth

Compounded Sales Growth
10 Years:4%
5 Years:-1%
3 Years:3%
TTM:-24%
Compounded Profit Growth
10 Years:7%
5 Years:-58%
3 Years:-23%
TTM:-226%
Stock Price CAGR
10 Years:28%
5 Years:23%
3 Years:24%
1 Year:56%
Return on Equity
10 Years:%
5 Years:%
3 Years:8%
Last Year:1%

STL Global Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital27.2227.2227.2227.2227.2227.2227.2227.2227.2227.2227.2227.2227.22
Reserves-18.60-57.85-87.33-132.40-140.32-127.56-100.07-63.77-38.89-1.412.022.240.56
Borrowings150.19158.11160.03160.43153.58103.6967.2762.1358.1650.6232.7818.590.00
Other Liabilities33.0939.9462.5183.8378.4863.8671.5870.5346.9214.9420.2218.4637.13
Total Liabilities191.90167.42162.43139.08118.9667.2166.0096.1193.4191.3782.2466.5164.91
Fixed Assets61.4554.5648.4930.5426.2223.2720.5520.5018.9617.9219.0618.9618.44
CWIP0.000.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.010.010.010.010.010.010.010.010.011.070.000.000.00
Other Assets130.44112.85113.93108.5392.7343.9345.4475.6074.4472.3863.1847.5546.47
Total Assets191.90167.42162.43139.08118.9667.2166.0096.1193.4191.3782.2466.5164.91

STL Global Ltd Reserves and Borrowings Chart

STL Global Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 39.7646.4144.9254.92-28.6932.50-3.7510.079.491.7620.7010.96
Cash from Investing Activity 51.00-0.51-0.47-0.380.06-0.511.69-0.99-0.20-0.69-1.35-1.28
Cash from Financing Activity -91.71-44.30-46.35-47.3327.45-38.131.83-7.82-10.20-0.21-20.62-9.72
Net Cash Flow-0.951.60-1.917.21-1.17-6.13-0.231.27-0.910.85-1.27-0.04

STL Global Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days173.24215.60208.70189.18191.0976.8868.18135.38230.87283.60125.90105.26
Inventory Days274.31367.00423.58229.69244.60177.42124.5659.4152.1666.5265.3953.87
Days Payable63.9752.4659.6548.8162.9390.8595.6967.9387.7190.9980.9290.19
Cash Conversion Cycle383.58530.14572.63370.06372.76163.4597.05126.86195.32259.13110.3768.94
Working Capital Days308.09178.97-39.62-305.33-214.12-52.1276.42120.48167.01222.29114.2790.42
ROCE %-4.68%-13.39%-4.81%-7.99%2.74%70.91%444.10%3.72%3.61%4.77%1.78%

STL Global Ltd Financial Efficiency Indicators Chart

STL Global Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters65.76%65.76%65.76%65.76%65.76%65.76%65.76%65.76%65.76%65.76%65.76%65.76%
DIIs0.18%0.18%0.18%0.18%0.18%0.18%0.18%0.00%0.00%0.00%0.00%0.00%
Public34.07%34.07%34.07%34.07%34.07%34.07%34.07%34.24%34.24%34.24%34.24%34.24%
No. of Shareholders9,94710,63811,25211,99313,00112,41512,10712,43812,44212,82413,89113,284

STL Global Ltd Shareholding Pattern Chart

No. of STL Global Ltd Shareholders

This stock is not held by any mutual fund

STL Global Ltd ROCE Trend

STL Global Ltd EPS Trend

STL Global Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.081.3013.869.2216.04
Diluted EPS (Rs.)0.081.3013.869.2216.04
Cash EPS (Rs.)0.661.7414.249.7716.72
Book Value[Excl.RevalReserv]/Share (Rs.)10.8210.749.48-4.29-13.42
Book Value[Incl.RevalReserv]/Share (Rs.)10.8210.749.48-4.29-13.42
Revenue From Operations / Share (Rs.)36.9744.2326.5733.9554.47
PBDIT / Share (Rs.)0.941.851.281.1017.11
PBIT / Share (Rs.)0.361.390.780.4616.30
PBT / Share (Rs.)0.111.1013.749.1415.91
Net Profit / Share (Rs.)0.081.2913.749.1415.91
PBDIT Margin (%)2.544.174.823.2331.41
PBIT Margin (%)0.973.142.941.3829.92
PBT Margin (%)0.312.4951.7126.9229.20
Net Profit Margin (%)0.212.9051.7126.9229.20
Return on Networth / Equity (%)0.7411.97144.91-213.23-118.50
Return on Capital Employeed (%)2.257.223.101.9258.97
Return On Assets (%)0.324.2540.9326.6345.05
Long Term Debt / Equity (X)0.440.761.63-4.13-1.57
Total Debt / Equity (X)0.440.761.63-4.13-1.57
Asset Turnover Ratio (%)1.351.390.780.971.83
Current Ratio (X)1.861.922.982.593.42
Quick Ratio (X)1.431.432.592.232.78
Inventory Turnover Ratio (X)5.446.925.305.584.59
Interest Coverage Ratio (X)3.866.426.493.5543.34
Interest Coverage Ratio (Post Tax) (X)1.335.473.961.5241.29
Enterprise Value (Cr.)56.13113.1963.0063.5072.50
EV / Net Operating Revenue (X)0.550.940.870.680.48
EV / EBITDA (X)21.9122.5018.0421.241.56
MarketCap / Net Operating Revenue (X)0.420.750.300.170.11
Price / BV (X)1.463.110.86-1.36-0.44
Price / Net Operating Revenue (X)0.420.750.300.170.11
EarningsYield0.010.031.681.562.63

STL Global Ltd Profitability Ratios (%)

STL Global Ltd Liquidity Ratios

STL Global Ltd Liquidity Ratios (%)

STL Global Ltd Interest Coverage Ratios (X)

STL Global Ltd Valuation Ratios

Fair Value / Intrinsic Value of STL Global Ltd

Fair Value: ₹1.16

The stock is overvalued by 93.45% compared to the current price ₹17.7

*Investments are subject to market risks

Strength and Weakness of STL Global Ltd

StrengthWeakness
  1. The stock has a high average ROCE of 41.73%, which is a positive sign.
  2. The company has shown consistent growth in sales (92.49 cr) and profit (3.49 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 3.86 and average Dividend Yield of 22.13%.
  2. The stock has a high average Working Capital Days of 55.56, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 270.86, which may not be favorable.
  4. The company has higher borrowings (90.43) compared to reserves (-58.72), which may suggest financial risk.

Should I Buy STL Global Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in STL Global Ltd:
    1. Net Profit Margin: 0.21%
      • 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: 2.25% (Industry Average ROCE: 9.21%)
      • 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): 1.33
      • 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: 1.43
      • 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.
    5. ✓ Stock P/E of N/A (Industry average Stock P/E: 23.4)
      • 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: 0.44
      • 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 STL Global 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