Sambandam Spinning Mills Financial Statements

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2018 Mar-2017 Mar-2016 -
Growth matrix (%)        
Revenue growth (7.70) 1.79 -- --
Op profit growth (30) 49.40 -- --
EBIT growth (37) 95.40 -- --
Net profit growth (27) 1,392 -- --
Profitability ratios (%)        
OPM 12.40 16.30 11.10 --
EBIT margin 8.06 11.80 6.14 --
Net profit margin 1.84 2.33 0.16 --
RoCE 8.57 12.50 -- --
RoNW 1 1.49 -- --
RoA 0.49 0.62 -- --
Per share ratios ()        
EPS 8.31 11.40 0.57 --
Dividend per share 2 4 2 --
Cash EPS -- (13) (24) --
Book value per share 0.41 205 178 --
Valuation ratios        
P/E 13.80 8.89 117 --
P/CEPS (3,810) (7.60) (2.80) --
P/B 280 0.49 0.37 --
EV/EBIDTA 4.52 3.33 5.31 --
Payout (%)        
Dividend payout 24 35 312 --
Tax payout 0.14 (35) (67) --
Liquidity ratios        
Debtor days 72.50 56.70 -- --
Inventory days 72.10 65 -- --
Creditor days (65) (46) -- --
Leverage ratios        
Interest coverage (1.70) (2.20) (1.10) --
Net debt / equity 0.75 0.84 1.25 --
Net debt / op. profit 2.81 2.17 4.18 --
Cost breakup ()        
Material costs (60) (59) (56) --
Employee costs (12) (11) (12) --
Other costs (15) (14) (21) --
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2018 Mar-2017 Mar-2016 -
Revenue 193 209 205 --
yoy growth (%) (7.70) 1.79 -- --
Raw materials (116) (123) (115) --
As % of sales 60.20 58.90 55.90 --
Employee costs (24) (22) (24) --
As % of sales 12.40 10.60 11.70 --
Other costs (29) (30) (44) --
As % of sales 15.10 14.20 21.30 --
Operating profit 23.90 34.10 22.80 --
OPM 12.40 16.30 11.10 --
Depreciation (10) (11) (11) --
Interest expense (9.20) (11) (11) --
Other income 1.76 1.17 0.50 --
Profit before tax 6.37 13.60 1.26 --
Taxes 0.01 (4.70) (0.80) --
Tax rate 0.14 (35) (67) --
Minorities and other -- -- (0.10) --
Adj. profit 6.38 8.82 0.33 --
Exceptional items (2.80) (3.80) -- --
Net profit 3.55 4.88 0.33 --
yoy growth (%) (27) 1,392 -- --
NPM 1.84 2.33 0.16 --
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2018 Mar-2017 Mar-2016 -
Profit before tax 6.37 13.60 1.26 --
Depreciation (10) (11) (11) --
Tax paid 0.01 (4.70) (0.80) --
Working capital (6.30) -- -- --
Other operating items -- -- -- --
Operating cashflow (10) (1.80) -- --
Capital expenditure (167) -- -- --
Free cash flow (177) (1.80) -- --
Equity raised 154 164 -- --
Investments 0.56 -- -- --
Debt financing/disposal 21.80 10.80 -- --
Dividends paid 0.85 1.71 0.85 --
Other items -- -- -- --
Net in cash 0.64 175 -- --
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2019 Mar-2018 Mar-2017 Mar-2016
Equity capital 4.28 4.28 4.28 4.28
Preference capital -- -- -- --
Reserves 88.30 85.30 83.80 71.90
Net worth 92.60 89.60 88.10 76.20
Minority interest
Debt 72.10 70 77.40 97.60
Deferred tax liabilities (net) 13 15.50 22.90 33.20
Total liabilities 178 175 188 207
Fixed assets 104 112 120 130
Intangible assets
Investments 2 1.87 1.27 1.31
Deferred tax asset (net) 2.78 4.91 10.80 0.72
Net working capital 67.90 53.80 52.40 72.60
Inventories 45.70 37.30 38.90 35.50
Inventory Days -- 70.60 68 63.10
Sundry debtors 34.40 45.30 31.40 33.60
Debtor days -- 85.60 54.90 59.70
Other current assets 21.10 18.40 16.70 28.40
Sundry creditors (21) (36) (25) (19)
Creditor days -- 67.60 43.20 33.70
Other current liabilities (12) (11) (9.90) (6)
Cash 0.86 2.83 3.36 2.22
Total assets 178 175 188 207
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2020 Sep-2019 Mar-2019 Sep-2018 -
Gross Sales 89.90 101 95.80 114 --
Excise Duty -- -- -- -- --
Net Sales 89.90 101 95.80 114 --
Other Operating Income -- -- -- -- --
Other Income 0.53 0.55 0.68 0.88 --
Total Income 90.40 102 96.50 115 --
Total Expenditure ** 82 89.70 86.90 100 --
PBIDT 8.35 12.10 9.55 14.50 --
Interest 4.10 4.22 4.03 4.23 --
PBDT 4.25 7.92 5.52 10.20 --
Depreciation 4.76 4.62 5.15 5 --
Minority Interest Before NP -- -- -- -- --
Tax 0.43 0.88 1.62 2.01 --
Deferred Tax (0.10) (0.70) (1.10) (1.60) --
Reported Profit After Tax (0.80) 3.12 (0.20) 4.80 --
Minority Interest After NP -- -- -- -- --
Net Profit after Minority Interest (0.80) 3.12 (0.20) 4.80 --
Extra-ordinary Items -- -- -- -- --
Adjusted Profit After Extra-ordinary item (0.80) 3.12 (0.20) 4.80 --
EPS (Unit Curr.) -- 7.32 -- 11.20 --
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 4.28 4.28 4.28 4.28 --
Public Shareholding (Number) -- -- -- -- --
Public Shareholding (%) -- -- -- -- --
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- --
Non Encumbered - % in Total Promoters Holding -- -- -- -- --
Non Encumbered - % in Total Equity -- -- -- -- --
PBIDTM(%) 9.29 12 9.97 12.70 --
PBDTM(%) -- -- -- -- --
PATM(%) (0.90) 3.08 (0.20) 4.22 --