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NAHAR SPINNING M vs WELSPUN INDIA - Comparison Results

NAHAR SPINNING M     Change

Nahar Spinning manufactures textile and hoseiry items for export purpose. The company has started manufacturing cotton/synthetic yarn, and woollen yarn of all types. The company's works are at Ludhiana (Punjab), and at Mandideep, (M. P.).

WELSPUN INDIA 
   Change

Welspun India is Asia's largest and world's fifth largest manufacturer of terry towels (accounted for 79% of FY06 revenues). A wide product range, fully integrated capacities and the ability to offer value added products make the company a preferred ... More

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Current Valuations

    NAHAR SPINNING M WELSPUN INDIA NAHAR SPINNING M/
WELSPUN INDIA
 
P/E (TTM) x 3.5 25.4 13.8% View Chart
P/BV x 0.3 2.1 13.3% View Chart
Dividend Yield % 0.8 1.1 68.9%  

Financials

 NAHAR SPINNING M   WELSPUN INDIA
EQUITY SHARE DATA
    NAHAR SPINNING M
Mar-18
WELSPUN INDIA
Mar-18
NAHAR SPINNING M/
WELSPUN INDIA
5-Yr Chart
Click to enlarge
High Rs154100 154.6%   
Low Rs8558 147.9%   
Sales per share (Unadj.) Rs590.7602.2 98.1%  
Earnings per share (Unadj.) Rs-8.939.6 -22.5%  
Cash flow per share (Unadj.) Rs17.289.8 19.1%  
Dividends per share (Unadj.) Rs0.500.65 76.9%  
Dividend yield (eoy) %0.40.8 50.6%  
Book value per share (Unadj.) Rs226.9269.3 84.3%  
Shares outstanding (eoy) m36.07100.47 35.9%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x0.20.1 155.1%   
Avg P/E ratio x-13.42.0 -675.8%  
P/CF ratio (eoy) x7.00.9 796.6%  
Price / Book Value ratio x0.50.3 180.6%  
Dividend payout %-5.61.6 -341.6%   
Avg Mkt Cap Rs m4,3147,897 54.6%   
No. of employees `00012.920.6 62.3%   
Total wages/salary Rs m2,0456,754 30.3%   
Avg. sales/employee Rs Th1,657.32,931.8 56.5%   
Avg. wages/employee Rs Th159.1327.3 48.6%   
Avg. net profit/employee Rs Th-25.0192.9 -13.0%   
INCOME DATA
Net Sales Rs m21,30760,506 35.2%  
Other income Rs m90812 11.1%   
Total revenues Rs m21,39761,318 34.9%   
Gross profit Rs m88511,234 7.9%  
Depreciation Rs m9415,042 18.7%   
Interest Rs m4981,408 35.3%   
Profit before tax Rs m-4635,597 -8.3%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m-1411,615 -8.7%   
Profit after tax Rs m-3223,982 -8.1%  
Gross profit margin %4.218.6 22.4%  
Effective tax rate %30.528.9 105.7%   
Net profit margin %-1.56.6 -23.0%  
BALANCE SHEET DATA
Current assets Rs m11,96335,108 34.1%   
Current liabilities Rs m10,68824,686 43.3%   
Net working cap to sales %6.017.2 34.7%  
Current ratio x1.11.4 78.7%  
Inventory Days Days12679 159.9%  
Debtors Days Days5956 105.3%  
Net fixed assets Rs m7,14435,427 20.2%   
Share capital Rs m1811,005 18.0%   
"Free" reserves Rs m8,00526,057 30.7%   
Net worth Rs m8,18627,061 30.2%   
Long term debt Rs m72917,029 4.3%   
Total assets Rs m19,85072,249 27.5%  
Interest coverage x0.15.0 1.4%   
Debt to equity ratio x0.10.6 14.2%  
Sales to assets ratio x1.10.8 128.2%   
Return on assets %0.97.5 11.9%  
Return on equity %-3.914.7 -26.7%  
Return on capital %0.415.9 2.4%  
Exports to sales %58.70.4 16,664.1%   
Imports to sales %6.011.9 50.1%   
Exports (fob) Rs m12,517213 5,868.1%   
Imports (cif) Rs m1,2707,199 17.6%   
Fx inflow Rs m12,517224 5,597.8%   
Fx outflow Rs m1,2707,364 17.3%   
Net fx Rs m11,246-7,140 -157.5%   
CASH FLOW
From Operations Rs m-2,3995,450 -44.0%  
From Investments Rs m-2,591-3,015 85.9%  
From Financial Activity Rs m-1,225-2,500 49.0%  
Net Cashflow Rs m-10,031-47 21,479.4%  

Share Holding

Indian Promoters % 64.8 73.3 88.4%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 0.0 6.1 -  
FIIs % 0.1 1.7 5.9%  
ADR/GDR % 0.0 0.0 -  
Free float % 35.1 18.9 185.7%  
Shareholders   39,677 38,598 102.8%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare NAHAR SPINNING M With:   VARDHMAN TEXTILES  BANSW.SYNTEX  PAGE INDUSTRIES  HIMATSINGKA SEIDE  ALOK INDUSTRIES  



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WELSPUN INDIA Announces Quarterly Results (4QFY19); Net Profit Down 187.3% (Quarterly Result Update)

May 27, 2019 | Updated on May 27, 2019

For the quarter ended March 2019, WELSPUN INDIA has posted a net profit of Rs 784 m (down 187.3% YoY). Sales on the other hand came in at Rs 16 bn (up 3.4% YoY). Read on for a complete analysis of WELSPUN INDIA's quarterly results.

NAHAR SPINNING M Announces Quarterly Results (3QFY19); Net Profit Up 830.6% (Quarterly Result Update)

Feb 15, 2019 | Updated on Feb 15, 2019

For the quarter ended December 2018, NAHAR SPINNING M has posted a net profit of Rs 213 m (up 830.6% YoY). Sales on the other hand came in at Rs 6 bn (up 4.1% YoY). Read on for a complete analysis of NAHAR SPINNING M's quarterly results.

WELSPUN INDIA Announces Quarterly Results (3QFY19); Net Profit Down 62.8% (Quarterly Result Update)

Feb 5, 2019 | Updated on Feb 5, 2019

For the quarter ended December 2018, WELSPUN INDIA has posted a net profit of Rs 501 m (down 62.8% YoY). Sales on the other hand came in at Rs 16 bn (up 17.3% YoY). Read on for a complete analysis of WELSPUN INDIA's quarterly results.

NAHAR SPINNING M 2017-18 Annual Report Analysis (Annual Result Update)

Jan 21, 2019 | Updated on Jan 21, 2019

Here's an analysis of the annual report of NAHAR SPINNING M for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of NAHAR SPINNING M. Also includes updates on the valuation of NAHAR SPINNING M.

NAHAR SPINNING M 2015-16 Annual Report Analysis (Annual Result Update)

Dec 18, 2018 | Updated on Dec 18, 2018

Here's an analysis of the annual report of NAHAR SPINNING M for 2015-16. It includes a full income statement, balance sheet and cash flow analysis of NAHAR SPINNING M. Also includes updates on the valuation of NAHAR SPINNING M.

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