Ambika Cotton Mills Ltd.
Snapshot View

1405.30 +1.35 ▲0.1%

26 July 2021, 04:00:00 P.M.
Volume: 3,793

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Spinning Compare with Industry peers
Website http://www.acmills.in
Financial Indicators
Market Cap 804.53 Cr.
Earnings per share (EPS) 118.69 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 11.84 Trailing Twelve Months Ending 2021-03
Industry PE 27.91 Trailing Twelve Months Ending 2021-03
Book Value / Share 987.26 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.42 Calculated using Price: 1,405.30
Dividend Yield 1.07 Period Ending 2020-03
No. of Shares Subscribed 0.57 Cr. 5,725,000 Shares
FaceValue 10
Company Profile

Ambika Cotton Mills is a manufacturer of cotton yarn. It was incorporated as a private limited company on October 6, 1988 and got converted into a public limited company on September 5, 1994.

The company has four manufacturing units in Dindigul, Tamil Nadu. In FY07, the company set up its fourth unit with an installed capacity of 43,200 spindles including doubling of yarn for 9,600 spindles along with back processing machinery in a separate plant at an estimated cost of Rs 1,406.3 million. The company has increased its compact facility in Unit II by 6,720 spindles at an estimated cost of Rs 33.1 million. The total production capacity would increase to 110,000 spindles in phases starting with operations at unit IV from June 2007. Of this, the compact facility would constitute 83,000 spindles representing 75.45% of the total installed capacity. The additional doubling of yarn facility would provide the required flexibility in product range. The installed wind power capacity of the company stands at 13.8 MW with the setting up of 800 KW capacity in FY07.

The company’s clientele consists of well-reputed manufacturers engaged in manufacturing shirts/knitwear products, both in the domestic and international markets. Approximately 45% of its products are exported directly to Taiwan, Hong Kong, Turkey, China, Korea, Singapore, Israel and Egypt and through merchant exporters to Peru, Italy, and Germany among other countries.

Milestones:

1988 - The company was originally incorporated as Ambika Cotton Mills Private Ltd as a private limited company on October 6, in the state of Tamil Nadu, and subsequently converted into a public limited company on September 5, 1994. The company was promoted by P K Ganeshwar, Rathanasamy and P V Chandran, for setting up a cotton spinning mill. The mill located in Dindigul, Tamil Nadu, commenced operations in January 1990. The project, with an initial capacity of 6048 spindles was part-financed by a term loan from State Bank of India. The company carried out an expansion scheme to add certain back-process machinery in February 1991, which was also funded by the State Bank of India. 

1992 - Ambika Cotton Mills began implementation of an expansion project to double its spindlage to 12096 spindles by the addition of 6048 spindles. This project was financed by means of a medium-term loan from State Bank of India and the State Bank of Mysore on a consortium basis and through a Deferred Payment Guarantee limit from IDBI. The project was successfully completed in March 1993.  

1994 - The company added Comber machines to its production line and humidification system. This was funded by SIPCOT through a term loan of Rs 90.86 lakh. The company currently manufactures combed and carded cotton yarn of counts ranging from 30's to 40's. These are used by hosiery manufacturers to convert the same into fabric or garments. 

2000 - The company has chalked out a Rs 14-crore expansion-cum-modernisation programme.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.10%
1 Week
-3.75%
1 Month
+19.41%
3 Month
+62.34%
6 Month
+47.21%
1 Year
+112.52%
2 Year
+54.39%
5 Year
+69.28%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 12.86 14.89 20.04 18.24 13.97 15.69 15.20 13.99 10.66
Return on Capital Employed (%) 13.33 18.13 21.51 19.59 18.04 20.74 20.29 18.94 13.88
Return on Assets (%) 4.85 7.10 10.74 11.01 9.88 11.99 11.33 10.32 8.13

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 196 220 260 301 335 375 429 475 506
Non Curr. Liab. 140 106 72 45 37 32 38 35 30
Curr. Liab. 107 103 134 118 64 85 118 130 110
Minority Int.
Equity & Liab. 443 430 466 463 436 493 585 640 646
Non Curr. Assets 328 302 299 281 259 260 264 268 264
Curr. Assets 116 128 168 182 177 233 322 371 382
Misc. Exp. not W/O
Total Assets 443 430 466 463 436 493 585 640 646

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 389 398 477 495 492 529 584 656 623
Other Income 1 0 0 1 2 1 1 1 1
Total Income 390 398 477 496 494 529 586 657 624
Total Expenditure -311 -311 -373 -396 -399 -424 -472 -531 -517
PBIDT 79 87 104 100 95 106 114 126 107
Interest -20 -19 -13 -7 -6 -4 -6 -10 -10
Depreciation -27 -27 -32 -29 -30 -29 -29 -29 -28
Taxation -8 -10 -12 -13 -15 -16 -19 -24 -17
Exceptional Items
PAT 24 31 48 51 44 56 61 63 52

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 135 87 38 43 67 67 16 10 50
Cash Fr. Inv. -4 -9 -28 -9 -13 -28 -32 -46 -3
Cash Fr. Finan. -132 -79 -8 -34 -52 -32 10 37 -46
Net Change -1 -1 1 0 2 6 -5 1 1
Cash & Cash Eqvt 2 2 3 3 5 10 5 6 7

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 50.00 50.17 50.17 50.17 50.17 50.17 50.17 50.17 50.17
Public 50.00 49.83 49.83 49.83 49.83 49.83 49.83 49.83 49.83
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

Sat, 17 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Radheyshyam padia
Designation :- Company Secretary and Compliance Officer
Sat, 17 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Certificate under Regulation 74 (5) of the
SEBI (Depositories and Participants) Regulations 2018
For the quarter ended 30/06/2021

ISIN(S): INE540G01014
Based on the confirmation received from S.K.D.C. Consultants Limited Registrar and Transfer Agent of the company we hereby certify that the securities received for dematerialization have been mutilated and cancelled after due verification and the name of the depository has been substituted in our records as the registered owner within 15 days of receipt of certificate of security and the details are furnished to the stock exchange.

Further we certify that the securities which were dematerialized are listed on the Stock Exchange(s) where the earlier issued securities are listed.

We request you to take this information on Record.
Sat, 19 Jun 2021
SEBI (LODR) 2015 -Submission Of Half Yearly Disclosure On Related Party Transactions Under Regulation 23(9) Of SEBI (LODR) (Amendment) Regulations 2018- Reg
Please find attached the Submission of Half Yearly disclosure on Related Party Transactions under regulation 23(9) of SEBI Listing Obligations and Disclosure Requirement) (Amendment)Regulations 2018 for the Half Year ended 31.03.2021.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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