Loading...

S K S Textiles

NSEI:SKSTEXTILE
Snowflake Description

Solid track record and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SKSTEXTILE
NSEI
₹115M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

S K S Textiles Limited manufactures and trades in textile products in India. The last earnings update was 266 days ago. More info.


Add to Portfolio Compare Print
  • S K S Textiles has significant price volatility in the past 3 months.
SKSTEXTILE Share Price and Events
7 Day Returns
2.5%
NSEI:SKSTEXTILE
-2.5%
IN Luxury
-2.1%
IN Market
1 Year Returns
-53.7%
NSEI:SKSTEXTILE
-8.9%
IN Luxury
-8.6%
IN Market
SKSTEXTILE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
S K S Textiles (SKSTEXTILE) 2.5% -18% -13.3% -53.7% - -
IN Luxury -2.5% -2% -3.9% -8.9% 47.6% 187.3%
IN Market -2.1% -4.5% -3.5% -8.6% 40.3% 78.7%
1 Year Return vs Industry and Market
  • SKSTEXTILE underperformed the Luxury industry which returned -8.9% over the past year.
  • SKSTEXTILE underperformed the Market in India which returned -8.6% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

SKSTEXTILE Value

 Is S K S Textiles undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for S K S Textiles. This is due to cash flow or dividend data being unavailable. The share price is ₹36.9.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for S K S Textiles's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are S K S Textiles's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:SKSTEXTILE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹6.01
NSEI:SKSTEXTILE Share Price ** NSEI (2019-02-19) in INR ₹36.9
India Luxury Industry PE Ratio Median Figure of 237 Publicly-Listed Luxury Companies 11.54x
India Market PE Ratio Median Figure of 2,715 Publicly-Listed Companies 15.16x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of S K S Textiles.

NSEI:SKSTEXTILE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:SKSTEXTILE Share Price ÷ EPS (both in INR)

= 36.9 ÷ 6.01

6.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • S K S Textiles is good value based on earnings compared to the IN Luxury industry average.
  • S K S Textiles is good value based on earnings compared to the India market.
Price based on expected Growth
Does S K S Textiles's expected growth come at a high price?
Raw Data
NSEI:SKSTEXTILE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
14%per year
India Luxury Industry PEG Ratio Median Figure of 27 Publicly-Listed Luxury Companies 1.09x
India Market PEG Ratio Median Figure of 606 Publicly-Listed Companies 1.1x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for S K S Textiles, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on S K S Textiles's assets?
Raw Data
NSEI:SKSTEXTILE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹116.31
NSEI:SKSTEXTILE Share Price * NSEI (2019-02-19) in INR ₹36.9
India Luxury Industry PB Ratio Median Figure of 307 Publicly-Listed Luxury Companies 0.69x
India Market PB Ratio Median Figure of 3,587 Publicly-Listed Companies 1.04x
NSEI:SKSTEXTILE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:SKSTEXTILE Share Price ÷ Book Value per Share (both in INR)

= 36.9 ÷ 116.31

0.32x

* Primary Listing of S K S Textiles.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • S K S Textiles is good value based on assets compared to the IN Luxury industry average.
X
Value checks
We assess S K S Textiles's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. S K S Textiles has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SKSTEXTILE Future Performance

 How is S K S Textiles expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover S K S Textiles, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is S K S Textiles expected to grow at an attractive rate?
  • S K S Textiles's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • S K S Textiles's earnings growth is positive but not above the India market average.
  • Unable to compare S K S Textiles's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:SKSTEXTILE Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:SKSTEXTILE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 14%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:SKSTEXTILE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:SKSTEXTILE Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 1,633 -3 20
2017-03-31 1,574 -43 16
2016-03-31 1,469 12 14

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • S K S Textiles's earnings are expected to grow by 14% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if S K S Textiles is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:SKSTEXTILE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from S K S Textiles Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:SKSTEXTILE Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 6.01
2017-03-31 5.68
2016-03-31 5.13

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if S K S Textiles will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess S K S Textiles's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
S K S Textiles has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SKSTEXTILE Past Performance

  How has S K S Textiles performed over the past 5 years?

  • S K S Textiles's last earnings update was 266 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare S K S Textiles's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • S K S Textiles's year on year earnings growth rate has been positive over the past 5 years.
  • S K S Textiles's 1-year earnings growth exceeds its 5-year average (22.3% vs 16.3%)
  • S K S Textiles's earnings growth has exceeded the IN Luxury industry average in the past year (22.3% vs 14.1%).
Earnings and Revenue History
S K S Textiles's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from S K S Textiles Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:SKSTEXTILE Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 1,632.64 19.60 20.70
2017-03-31 1,573.89 16.02 14.38
2016-03-31 1,468.60 14.46 28.97
2015-03-31 1,306.91 10.87 29.44
2014-03-31 1,193.98 10.88 26.96
2013-03-31 1,123.37 8.19 21.46

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • S K S Textiles has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • S K S Textiles used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • S K S Textiles has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess S K S Textiles's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
S K S Textiles has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SKSTEXTILE Health

 How is S K S Textiles's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up S K S Textiles's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • S K S Textiles is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • S K S Textiles's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of S K S Textiles's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from S K S Textiles Company Filings, last reported 10 months ago.

NSEI:SKSTEXTILE Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 379.10 445.58 16.99
2017-03-31 294.77 474.46 17.76
2016-03-31 279.66 452.90 24.67
2015-03-31 266.16 378.16 12.11
2014-03-31 257.90 404.11 13.73
2013-03-31 236.06 368.75 8.84
  • S K S Textiles's level of debt (117.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (156.2% vs 117.5% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 1.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess S K S Textiles's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. S K S Textiles has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SKSTEXTILE Dividends

 What is S K S Textiles's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from S K S Textiles dividends.
If you bought ₹2,000 of S K S Textiles shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate S K S Textiles's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate S K S Textiles's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:SKSTEXTILE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 109 Stocks 0.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1397 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as S K S Textiles has not reported any payouts.
  • Unable to verify if S K S Textiles's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of S K S Textiles's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as S K S Textiles has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess S K S Textiles's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can S K S Textiles afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. S K S Textiles has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SKSTEXTILE Management

 What is the CEO of S K S Textiles's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Vicky Shah
AGE 42
TENURE AS CEO 4.8 years
CEO Bio

Mr. Vicky Sukanraj Shah has been Managing Director of S K S Textiles Limited since April 01, 2014 and serves as its Chief Financial Officer. Mr. Shah along with his father Mr. Sukanraj Shah is the founder promoter of S K S Textiles Limited. Since inception he has been instrumental in the overall marketing, finance and operations of the Company. Over the years, he has gained vast experience in Finance, Marketing, Sales and Day-to-Day Operations of the Company. He completed his Bachelor of Commerce from the Mumbai University through the HR College of Commerce and Economics, Mumbai and also has Diploma in Business Management from Welingkars Institute of Management Development and Research, Mumbai.

CEO Compensation
  • Insufficient data for Vicky to compare compensation growth.
  • Insufficient data for Vicky to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure

Average tenure of the S K S Textiles management team in years:

3.8
Average Tenure
  • The tenure for the S K S Textiles management team is about average.
Management Team

Sukanraj Shah

TITLE
Chairman
AGE
65

Vicky Shah

TITLE
MD, CFO & Director
AGE
42
TENURE
4.8 yrs

Sheetal Khabia

TITLE
Admin Head
TENURE
3.8 yrs

Naveena Singh

TITLE
Company Secretary & Compliance Officer
TENURE
1.6 yrs

Sahil Shah

TITLE
Whole-Time Director

Ajay Jethwa

TITLE
Finance Head
TENURE
3.8 yrs

Nitin Shishodia

TITLE
Factory Head
TENURE
4.8 yrs
Board of Directors Tenure

Average tenure and age of the S K S Textiles board of directors in years:

1.6
Average Tenure
43
Average Age
  • The average tenure for the S K S Textiles board of directors is less than 3 years, this suggests a new board.
Board of Directors

Sukanraj Shah

TITLE
Chairman
AGE
65

Vicky Shah

TITLE
MD, CFO & Director
AGE
42
TENURE
21.3 yrs

Sahil Shah

TITLE
Whole-Time Director
TENURE
7.2 yrs

Mihir Manek

TITLE
Non-Executive Independent Director
COMPENSATION
₹5K
AGE
53
TENURE
1.6 yrs

Satish Sharma

TITLE
Non-Executive Independent Director
COMPENSATION
₹5K
AGE
43
TENURE
1.6 yrs

Sapna Shah

TITLE
Non-Executive Non-Independent Director
COMPENSATION
₹5K
AGE
39
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess S K S Textiles's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. S K S Textiles has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SKSTEXTILE News

Simply Wall St News

Should You Like S K S Textiles Limited’s (NSE:SKSTEXTILE) High Return On Capital Employed?

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

What does S K S Textiles Limited's (NSE:SKSTEXTILE) Balance Sheet Tell Us About Its Future?

However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

Do Insiders Own Lots Of Shares In S K S Textiles Limited (NSE:SKSTEXTILE)?

A look at the shareholders of S K S Textiles Limited (NSE:SKSTEXTILE) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Our analysis of the ownership of the company, below, shows that.

Simply Wall St -

What You Must Know About S K S Textiles Limited's (NSE:SKSTEXTILE) Return on Equity

This analysis is intended to introduce important early concepts to people who are starting to invest. … Today I will look at how components such as financial leverage can influence ROE which may impact the sustainability of SKSTEXTILE's returns … Check out our latest analysis for S K S Textiles

Simply Wall St -

Is S K S Textiles Limited (NSE:SKSTEXTILE) A Financially Sound Company?

Investors are always looking for growth in small-cap stocks like S K S Textiles Limited (NSE:SKSTEXTILE), with a market cap of ₹128.58m. … However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is

Simply Wall St -

What You Must Know About S K S Textiles Limited's (NSE:SKSTEXTILE) 5.46% ROE

View our latest analysis for S K S Textiles Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) weighs S K S Textiles’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of S K S Textiles’s equity capital deployed. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NSEI:SKSTEXTILE Last Perf May 1st 18 Essentially, profit margin shows how much money the company makes after paying for all its expenses.

Simply Wall St -

S K S Textiles Limited (NSE:SKSTEXTILE): A Look At Return On Capital

To understand S K S Textiles’s capital returns we will look at a useful metric called return on capital employed. … We can look at S K S Textiles’s returns by computing return on capital employed, which will tell us what the company can generate from the money spent in operations. … I have calculated S K S Textiles’s ROCE for you below: ROCE Calculation for SKSTEXTILE Return on Capital Employed (ROCE) = Earnings Before Tax (EBT) ÷ (Capital Employed) Capital Employed = (Total Assets - Current Liabilities) ∴ ROCE = ₹15.99M ÷ (₹1.02B - ₹651.01M) = 4.38% As you can see, SKSTEXTILE added ₹4.4 for every ₹100 you invested over the previous twelve months.

Simply Wall St -

Who Are The Largest Shareholders In S K S Textiles Limited (NSE:SKSTEXTILE)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … Private Company Ownership Another important group of owners for potential investors in SKSTEXTILE are private companies that hold a stake of 8.44% in SKSTEXTILE. … However, ownership structure should not be the only determining factor when you’re building an investment thesis for SKSTEXTILE.

Simply Wall St -

S K S Textiles Limited (NSE:SKSTEXTILE): Time For A Financial Health Check

Additionally, SKSTEXTILE has generated ₹29.83M in operating cash flow in the last twelve months, resulting in an operating cash to total debt ratio of 6.29%, meaning that SKSTEXTILE’s current level of operating cash is not high enough to cover debt. … With current liabilities at ₹651.01M, it appears that the company has been able to meet these obligations given the level of current assets of ₹830.06M, with a current ratio of 1.28x. … For SKSTEXTILE, the ratio of 1.24x suggests that interest is not strongly covered, which means that debtors may be less inclined to loan the company more money, reducing its headroom for growth through debt.Next Steps: SKSTEXTILE’s debt and cash flow levels indicate room for improvement.

Simply Wall St -

Did S K S Textiles Limited's (NSE:SKSTEXTILE) Recent Earnings Growth Beat The Trend?

Investors with a long-term horizong may find it valuable to assess S K S Textiles Limited's (NSEI:SKSTEXTILE) earnings trend over time and against its industry benchmark as opposed to simply looking at a sincle earnings announcement at one point in time. … See our latest analysis for S K S Textiles Did SKSTEXTILE's recent earnings growth beat the long-term trend and the industry? … Well, let’s take a look at if it is only a result of industry tailwinds, or if S K S Textiles has seen some company-specific growth.

Simply Wall St -

SKSTEXTILE Company Info

Map
Description

S K S Textiles Limited manufactures and trades in textile products in India. It offers grey and finished fabrics, including cotton–lycra and non-lycra, blended cotton suiting–chief value cotton, polyester cotton, cotton yarn dyed, polyester viscose, terry rayon suiting, and mock linen under the Pierricarrlo, Cotbbelly’s, and Earthen Belly brands. The company also provides shirtings and suitings on outsourcing basis for other fabric/garment companies. The company was founded in 1982 and is based in Mumbai, India.

Details
Name: S K S Textiles Limited
SKSTEXTILE
Exchange: NSEI
Founded: 1982
₹114,569,210
3,259,437
Website: http://www.groupsks.com
Address: S K S Textiles Limited
431B, Kewal Industrial Estate,
4th Floor,
Mumbai,
Maharashtra, 400013,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI SKSTEXTILE Equity Shares National Stock Exchange of India IN INR 19. Jan 2018
Number of employees
Current staff
Staff numbers
84
S K S Textiles employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/19 13:41
End of day share price update: 2019/02/19 00:00
Last earnings filing: 2018/05/29
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.