Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 19 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Super Spinning Mills Ltd

Basic Stock Data

Last Updated: June 19, 2024, 2:21 pm

Market Cap 50.1 Cr.
Current Price 9.11
High / Low11.7/6.00
Stock P/E
Book Value 13.0
Dividend Yield0.00 %
ROCE1.63 %
ROE8.38 %
Face Value 1.00
PEG Ratio0.00

Competitors of Super Spinning Mills Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Lambodhara Textiles Ltd 161 Cr. 155210/12834.9 1070.48 %6.72 %4.24 % 5.00
Axita Cotton Ltd 579 Cr. 22.235.4/18.628.5 2.480.32 %37.9 %34.8 % 1.00
Suryalakshmi Cotton Mills Ltd 132 Cr. 70.289.5/55.423.0 1410.00 %8.28 %2.18 % 10.0
Salona Cotspin Ltd 159 Cr. 303383/24826.0 1520.00 %8.31 %7.96 % 10.0
Spentex Industries Ltd 25.1 Cr. 2.803.55/1.35 6.260.00 %75.2 %% 10.0
Industry Average2,946.33 Cr180.6582.39106.010.28%13.15%8.56%7.17

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales1716252725252518110113
Expenses1315232323262721012102
Operating Profit31241-1-2-31-2110
OPM %20%9%7%16%5%-4%-9%-17%99%-24%54%86%9%
Other Income50240000-92-3-2-4
Interest1111111101001
Depreciation1111111100000
Profit before tax7-027-0-2-3-4-8-1-2-1-5
Tax %74%0%241%84%1,667%0%0%-50%8%0%-170%-13%-141%
Net Profit2-0-313-2-3-6-8-1-7-1-12
EPS in Rs0.33-0.08-0.480.200.51-0.39-0.60-1.15-1.42-0.22-1.21-0.22-2.15

Last Updated: June 9, 2024, 7:27 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 27, 2024, 6:10 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales4345214403482942612081494993867
Expenses3934814273422912652151555384934
Operating Profit41401363-4-7-5-49-83
OPM %9%8%3%2%1%-1%-3%-3%-8%10%-9%43%
Other Income8541813398116-5-14
Interest24252423181514106432
Depreciation1715101086443321
Profit before tax85-17-9-11-22-16-11-38-18-14
Tax %10%31%32%34%-23%0%0%0%-193%90%-8%-47%
Net Profit83-12-6-13-22-16-11-81-20-21
EPS in Rs1.370.60-2.13-1.06-2.36-3.93-2.91-2.05-1.430.15-3.56-3.80
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 (%)-62.50%-500.00%50.00%-116.67%-69.23%27.27%31.25%27.27%112.50%-2100.00%-5.00%
Change in YoY Net Profit Growth (%)0.00%-437.50%550.00%-166.67%47.44%96.50%3.98%-3.98%85.23%-2212.50%2095.00%

Growth

Compounded Sales Growth
10 Years:-15%
5 Years:-20%
3 Years:-17%
TTM:-67%
Compounded Profit Growth
10 Years:%
5 Years:6%
3 Years:6%
TTM:-7%
Stock Price CAGR
10 Years:3%
5 Years:2%
3 Years:22%
1 Year:5%
Return on Equity
10 Years:-15%
5 Years:-13%
3 Years:-9%
Last Year:-15%

Last Updated: April 13, 2024, 9:21 am

Balance Sheet

Last Updated: June 2, 2024, 8:57 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital6666666666666
Reserves5765685549161129120108981048476
Borrowings1431321391251128873513733374435
Other Liabilities536670726362851248146312920
Total Liabilities259269282258230316293301231182178163137
Fixed Assets11710195937121921517115411310610496
CWIP0010000000100
Investments282827272713131313131340
Other Assets11313915913713284651166456575541
Total Assets259269282258230316293301231182178163137

Reserves and Borrowings Chart

Super Spinning Mills Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 69272140423292411-14-23-9
Cash from Investing Activity 206-5-42916-0101223276
Cash from Financing Activity -91-33-16-37-34-38-29-35-23-10-13
Net Cash Flow-2-00-1-110-1-0-03-1

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-91.00-99.00-112.00-106.00-85.00-77.00-58.00-42.00-37.00-28.00-52.00-22.00

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 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days3434303128151719249730
Inventory Days44737255716939664813010559
Days Payable386855708910113817824620410572
Cash Conversion Cycle4039481610-18-82-92-174-65817
Working Capital Days31475428276-43-64-94-77-29-29
ROCE %-17%13%14%2%-2%-2%-3%-5%-5%-1%5%-7%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters42.49%42.80%42.80%42.80%42.80%42.80%42.80%42.80%42.80%42.80%42.80%42.80%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%
Public57.50%57.20%57.20%57.20%57.20%57.20%57.19%57.20%57.19%57.19%57.20%57.20%
No. of Shareholders10,25611,10611,17511,94115,89415,73616,14515,80715,91115,77115,96316,665

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 17Mar 16Mar 15Mar 14Mar 13
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)-1.66-1.00-2.410.341.12
Diluted EPS (Rs.)-1.66-1.00-2.410.341.12
Cash EPS (Rs.)-0.200.85-0.183.454.57
Book Value[Excl.RevalReserv]/Share (Rs.)7.549.2010.1912.9712.63
Book Value[Incl.RevalReserv]/Share (Rs.)7.549.2010.1912.9712.63
Revenue From Operations / Share (Rs.)53.4763.6681.0596.0880.87
PBDIT / Share (Rs.)2.511.393.378.068.99
PBIT / Share (Rs.)1.06-0.461.144.955.54
PBT / Share (Rs.)-2.14-4.42-3.390.611.32
Net Profit / Share (Rs.)-1.66-0.99-2.410.331.12
NP After MI And SOA / Share (Rs.)-1.66-0.99-2.410.331.12
PBDIT Margin (%)4.692.184.168.3811.11
PBIT Margin (%)1.98-0.721.415.146.84
PBT Margin (%)-3.99-6.94-4.180.641.63
Net Profit Margin (%)-3.10-1.56-2.970.351.38
NP After MI And SOA Margin (%)-3.10-1.56-2.970.351.38
Return on Networth / Equity (%)-21.99-10.83-23.662.608.89
Return on Capital Employeed (%)9.16-2.966.2725.1937.26
Return On Assets (%)-4.80-2.42-5.190.652.26
Long Term Debt / Equity (X)0.400.600.700.440.10
Total Debt / Equity (X)1.781.922.081.851.75
Asset Turnover Ratio (%)1.411.441.631.881.62
Current Ratio (X)0.610.740.740.890.71
Quick Ratio (X)0.340.450.470.520.44
Inventory Turnover Ratio (X)4.834.835.115.395.25
Interest Coverage Ratio (X)0.810.350.801.862.13
Interest Coverage Ratio (Post Tax) (X)0.490.010.501.081.27
Enterprise Value (Cr.)139.11131.98146.92159.78146.28
EV / Net Operating Revenue (X)0.470.370.320.300.32
EV / EBITDA (X)10.0717.297.923.612.96
MarketCap / Net Operating Revenue (X)0.220.100.070.050.06
Price / BV (X)1.610.700.560.430.38
Price / Net Operating Revenue (X)0.220.100.070.050.06
EarningsYield-0.13-0.15-0.410.060.22

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 16.67

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.

Undervalued: 82.96% compared to the current price 9.11

Default values used*: Deafault value of 15 for Stock P/E is used

Intrinsic Value: 13.61

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 49.45% compared to the current price ₹9.11

Default values used*: Deafault value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -18.32%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -11.92, which is a positive sign.
  2. The stock has a low average Cash Conversion Cycle of -21.08, which is a positive sign.
  3. The company has higher reserves (92.25 cr) compared to borrowings (74.67 cr), indicating strong financial stability.
  1. The stock has a low average ROCE of -0.67%, which may not be favorable.
  2. The company has not shown consistent growth in sales (240.83) and profit (-8.33).

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 Super Spinning Mills Ltd:
    1. Net Profit Margin: -3.10%
      • 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: 9.16% (Industry Average ROCE: %)
      • 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%: -21.99% (Industry Average ROE: %)
      • 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): 0.49
      • 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: 0.34
      • 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: (Industry average Stock P/E: )
      • 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: 1.78
      • 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

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 Super Spinning Mills Ltd?

The latest fair value of Super Spinning Mills Ltd is ₹16.67.

What is the Market Cap of Super Spinning Mills Ltd?

The Market Cap of Super Spinning Mills Ltd is 50.1 Cr..

What is the current Stock Price of Super Spinning Mills Ltd as on 19 June 2024?

The current stock price of Super Spinning Mills Ltd as on 19 June 2024 is ₹9.11.

What is the High / Low of Super Spinning Mills Ltd stocks in FY 2024?

In FY 2024, the High / Low of Super Spinning Mills Ltd stocks is 11.7/6.00.

What is the Stock P/E of Super Spinning Mills Ltd?

The Stock P/E of Super Spinning Mills Ltd is .

What is the Book Value of Super Spinning Mills Ltd?

The Book Value of Super Spinning Mills Ltd is 13.0.

What is the Dividend Yield of Super Spinning Mills Ltd?

The Dividend Yield of Super Spinning Mills Ltd is 0.00 %.

What is the ROCE of Super Spinning Mills Ltd?

The ROCE of Super Spinning Mills Ltd is 1.63 %.

What is the ROE of Super Spinning Mills Ltd?

The ROE of Super Spinning Mills Ltd is 8.38 %.

What is the Face Value of Super Spinning Mills Ltd?

The Face Value of Super Spinning Mills 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 Super Spinning Mills 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