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Suryalata Spinning Mills Ltd share Price Today

Company details

407.00
418.00
322.60
1,073.35
6M Return -15.81%
1Y Return -59.09%
Mkt Cap.(Cr) 176.97
Volume 2,201
Div Yield 0.48%
OI
-
OI Chg %
-
Volume 2,201

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Suryalata Spinning Mills Ltd shares SWOT Analysis

Strengths (3)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt
  • Increasing Revenue every quarter for the past 3 quarters

Weakness (2)

  • MACD Crossover Below Signal Line
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (2)

  • Stock with Low PE (PE < = 10)
  • RSI indicating price strength

Threats (2)

  • Companies with growing costs YoY for long term projects
  • Increasing Trend in Non-Core Income

Resistance and support

R1 432.2
R2 448.3
R3 461.7
Pivot

418.83

S1 402.7
S2 389.3
S3 373.2
EMA SMA
411.0
405.7
415.5
459.1
411.2
399.5
400.8
430.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
HARSH SARAWGI Bulk Purchase 2023-08-28 580 2 BSE
RAJESH R Bulk Sell 2023-08-28 556.91 29400 BSE
HARSH SARAWGI Bulk Sell 2023-08-28 558.33 28520 BSE
Name Category Shares
MAHENDER KUMAR AGARWAL PROMOTER 29.23%
VITHALDAS AGARWAL PROMOTER 19.19%
MADHAVI AGARWAL PROMOTER 17.47%
AGARWAL MAHENDER KUMAR PROMOTER 4.48%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Suryalata Spinning Mills Ltd Stocks COMPARISON

Financials( in Cr) Suryalata Spinning Mills Ltd Grasim Industries Ltd Trident Ltd Welspun Living Ltd Vardhman Textiles Ltd
Price 414.75 2,743.00 36.98 172.00 521.55
% Change -1 -2.11 -2.12 3.91 -1.90
Mcap Cr 176.97 186,674.87 18,844.85 16,715.10 15,081.92
Revenue TTM Cr 453.48 117,627.08 6,808.83 8,093.76 10,137.49
Net Profit TTM Cr 18.65 11,078.20 349.99 202.51 804.75
PE TTM 9.18 30.43 55.26 25.14 24.74
1 Year Return -59.09 58.00 10.55 78.24 44.13
ROCE 9.64 9.04 10.48 5.91 11.62
ROE 7.84 14.35 8.23 5.03 9.89
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 251.33 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 18,657.67 50,536.31
LAST 3M 100,816.35 52,758.00
LAST 6M 183,679.85 45,520.24
LAST 12M 311,925.41 84,454.62

Suryalata Spinning Mills Ltd Information

Stock PE (TTM)
9.18
Promoter Holding
70.36%
Book Value
579.2981
ROCE
9.64%
ROE
7.84%
Description
  • Suryalata Spinning Mills (SSML) was incorporated on May 23, 1983 in Hyderabad. The Company is one of the largest producers of Yarn. The Company is basically into manufacturing of Synthetic blended yarns of Polyester / Viscose, 100% Polyester and 100% Viscose with counts ranging from 20s to 40s. Currently the Company has two manufacturing units with a total capacity of 69,408 spindles at Kalwakurthy and Urkondapet. The unit at Kalwakurthy has an installed capacity of 36,288 spindles with a production capacity of 30 MTs per day. The second plant (Urkondapet) has an installed capacity of 33,120 spindles with a production capacity of 20MT`s per day. SSML commenced commercial production in 1986-87. In May `92, the company came out with zero-interest fully convertible debentures to part-finance the cost of setting up another plant as well as to modernise the existing one. As on 31 Mar.`95, it had an installed capacity of 25,077 ring spindles and 672 rotors. The modernisation of the Kaluakurthy unit was completed. The company undertook an expansion programme at Kaluakurthy and Ramtek to install 6048 spindles and 3600 spindles respectively at a cost of Rs 10 cr. During 1997-98 the modernisation and expansion programme at its two units at Kalwakurthy & Ramtek was completed an schedule and started operating on expanded capacity. The expansion programme for the year 2000 to increase the spindleage by 12000 No has been completed at Kalwakurthy and Ramtek. In 2002-03 the company undertook modernisation of its plant at an estimated outlay of Rs.733.15 lakhs. The modernisation project is being funded by way of Term loans from UCO bank under the TUF and the balance through contribution by promoters and internal accurals. The project is expected to be completed at the end of the current financial year. During the year 2009-10, the Company installed new equipment for 10,080 spindles at Urukondapet Unit and started commercial production from 18th January, 2010. Accordingly, the total capacities of the Company increased to 69,408 spindles. During 2014-15, YP Solar Power Private Limited was incorporated as a Wholly Owned Subsidiary of the Company vide w.e.f. 23rd February, 2015 to generate power for captive consumption purpose. The Company completed its Modernization cum Expansion project at Kalwakurthy Unit in March, 2019 and incurred total Capital Expenditure of Rs 83.93 cr and resultant, the total installed capacity increased from 93,264 spindles to 1,15,248 spindles. During 2021-22, the company installed Solar of 4.342 MW on BOT basis at Kalwakurthy Unit and 4.585 MW on CAPEX mode at Urukondapet Unit, in addition to Solar plant of 1.20MW under BOT model. Further, installed 1.00 MW solar plant in April 2022. Thereby, total installations count to 11.127 MW against connected power load of 12.650 MW.

Registered Address

1st Floor Surya Towers, 105 Sardar Patel Road, Secunderabad, Telangana, 500003

Tel : 91-040-27774200
Email : mail:suryalata.com ; cs:suryalata.com
Website : http://www.suryalata.com
Registrar

Satguru Management Consultants

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 514138
NSE Code :
Book Closure Date (Month) : Sep
BSE Group : X
ISIN : INE132C01027

FAQ’s on Suryalata Spinning Mills Ltd Shares

You can buy Suryalata Spinning Mills Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Suryalata Spinning Mills Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 19, 2024 04:01 PM the closing price of Suryalata Spinning Mills Ltd was Rs.414.75.

The latest PE ratio of Suryalata Spinning Mills Ltd as of Jul 19, 2024 04:01 PM is 9.18

The latest PB ratio of Suryalata Spinning Mills Ltd as of Jul 19, 2024 04:01 PM is 1.40

The 52-week high of Suryalata Spinning Mills Ltd share price is Rs. 1,073.35 while the 52-week low is Rs. 322.60

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 19, 2024 04:01 PM, the market cap of Suryalata Spinning Mills Ltd stood at Rs. 176.97 Cr.

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