Amarjothi Spinning Mills Ltd.
Snapshot View

148.00 -4.65 ▼-3.1%

27 May 2022, 04:01:00 PM
Volume: 3,653

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Spinning Compare with Industry peers
Website http://amarjothi.net/
Market Cap 100.68 Cr.
Enterprise Value(EV) 86.58 Cr. 2021-12
Financial Indicators
Earnings per share (EPS) 19.52 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 7.58 Trailing Twelve Months Ending 2021-12
Industry PE 11.42 Trailing Twelve Months Ending 2021-12
Book Value / Share 251.12 Trailing Twelve Months Ending 2021-12
Price to Book Value 0.59 Calculated using Price: 148.00
Dividend Yield 1.41 Period Ending 2021-03
No. of Shares Subscribed 0.68 Cr. 6,750,000 Shares
FaceValue 10
Company Profile

Amarjothi Spinning Mills was incorporated in December 1987 and was converted into a public limited company in December 1991. It was promoted by the Amarjothi group of Tirupur. N Rajan is the Chairman of the company. The company went public with its maiden issue in January 1993 to part-finance a spinning mill to manufacture cotton yarn in Pudusuripalayam, Tamilnadu. For cotton spinning, the company has adopted the ring spinning system. The company has installed the latest textile machineries including blow room, carding machines, draw frames, simplex frames and ring frames from Lakshmi Machine Works and autoconers with electronic clearers and automatic splicers from Schlafhrost (India).

The company completed its first full year of operations in 1994-95, after raising capital through a public issue. In 1996-97 the installed capacity has been increased by 6016 spindles to 18992 spindles. Modernisation programme has been availed by the company to the tune of Rs 340.00 lakh under the Technology Upgradation Fund Scheme.During 2000-2001 the company had gone for expansion of Spindles to the extent of 4752 spindles.

Business area of the company

The company is engaged in the manufacturing and marketing of melange Yarn in India and internationally. It offers a range of yarn products that include cotton, organic cotton, organic exchange, viscose, polyester, bamboo, modal, excel, galaxy, neps, flax, multi-fiber series, and dyed yarn in various blends, shades, counts, and volumes. The company exports its products to Europe, Mauritius, Sri Lanka, Israel, Egypt, Turkey, Hong Kong, Malaysia, the Philippines, Korea, China, Japan, South African countries, and the United States.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-3.05%
1 Week
-6.77%
1 Month
-16.19%
3 Month
-9.67%
6 Month
-7.04%
1 Year
+5.08%
2 Year
+223.85%
5 Year
-26.09%
10 Year
+308.28%
7 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 26.43 11.60 19.16 16.95 12.89 9.27 9.71
Return on Capital Employed (%) 26.85 14.23 22.24 14.31 13.72 10.68 10.64
Return on Assets (%) 8.62 4.74 8.67 6.87 4.83 3.81 4.92

Balance Sheet View Details

Particulars 8 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12* Rs. Cr.
Shh. Funds 80 86 100 111 125 134 148 170
Non Curr. Liab. 83 75 85 164 117 126 60 50
Curr. Liab. 46 28 27 23 77 34 45 37
Minority Int. 4 4 6 4 8 8
Equity & Liab. 213 194 218 302 327 303 253 256
Non Curr. Assets 130 116 108 175 194 179 159 132
Curr. Assets 82 78 110 127 133 123 94 124
Misc. Exp. not W/O 0 0 0
Total Assets 213 194 218 302 327 303 253 256

Profit Loss View Details

Particulars 8 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 201 194 217 190 214 172 180 252
Other Income 2 2 3 3 9 5 8 3
Total Income 203 196 220 193 223 178 188 254
Total Expenditure -156 -159 -169 -147 -171 -134 -144 -212
PBIDT 47 37 52 46 52 44 44 42
Interest -16 -13 -12 -12 -14 -10 -12 -11
Depreciation -14 -13 -14 -13 -17 -17 -18 -15
Taxation -4 -1 -8 -2 -6 -5 0 -3
Exceptional Items
PAT 13 10 18 18 15 12 14 13
Minority Interest -2 -2 1 2
Share Associate -1 -3 0 -2 0 0
Other Related Items
Consolidated Net Profit 13 10 15 13 15 11 16 13
Adjusted EPS 20 14 23 19 23 16 23 20

Cash Flow View Details

Particulars 7 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 40 22 27 17 104 18 54
Cash Fr. Inv. -4 2 -4 -80 -41 -17 3
Cash Fr. Finan. -35 -24 -23 68 -67 -2 -56
Net Change 0 0 -1 5 -3 -1 1
Cash & Cash Eqvt 1 1 0 5 2 0 2

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 55.05 55.05 55.05 55.18 55.24 55.24 55.24 55.52 57.24
Public 44.95 44.95 44.95 44.82 44.76 44.76 44.76 44.48 42.76
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 20 May 2022
Board Meeting Intimation for To Consider And Approve The Audited Financial Results For The Quarter And Year Ended 31.03.2022
AMARJOTHI SPINNING MILLS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2022 inter alia to consider and approve We would like to inform you that a Meeting of the Board of Directors of the Company will be held at the registered office of the Company on Monday the 30th of May 2022 to consider and take on record the Audited Financial Results for the quarter and year ended 31.03.2022 and any other matters with the consent of the Board.As required under the Regulations 46 the Notice of Board Meeting is being posted onthe Companys website.Kindly take on record.
Fri, 20 May 2022
Corporate Action-Board to consider Dividend
In terms of Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we write to inform you that a meeting of the Board of Directors is convened to be held on Monday the 30th May 2022 inter-alia to consider and recommend the dividend for the Financial Year 2021-22.You are requested to take this on record
Fri, 29 Apr 2022
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayAMARJOTHI SPINNING MILLS LTD.
2CINL17111TZ1987PLC002090
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 34.95
4Highest Credit Rating during the previous FY BBB+
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD.
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: MOHANA PRIYA M
Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER
EmailId: mill@amarjothi.net
Name of the Chief Financial Officer: SINGARAVELU P
Designation: CHIEF FINANCIAL OFFICER
EmailId: mill@amarjothi.net

Date: 29/04/2022

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

Technical Scans View Details

Fri, 27 May 2022
High Delivery Percentage High Delivery Percentage
Opening at High Opening at High
High Decrease 1 Month High Decrease 1 Month
High Increase 2 Years High Increase 2 Years
William %R Crossed -80 From Above William %R Crossed -80 From Above

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