Eurotex Industries And Exports Ltd.
Snapshot View

10.30 -0.40 ▼-3.7%

18 May 2022, 03:46:00 PM
Volume: 5,034

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Spinning Compare with Industry peers
Website http://www.eurotexgroup.in
Market Cap 9.01 Cr.
Enterprise Value(EV) 43.63 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) -8.00 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-12
Industry PE 12.33 Trailing Twelve Months Ending 2021-12
Book Value / Share -17.69 Trailing Twelve Months Ending 2021-12
Price to Book Value -0.58 Calculated using Price: 10.30
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 0.87 Cr. 8,749,865 Shares
FaceValue 10
Company Profile

Eurotex Industries and Exports, incorporated in 1989, is a Patodia Group company engaged in export of 100% cotton yarn in single and 2-ply. It’s double yarns, Including knotless, are twisted on Volkmann TFO Twisters

The company is the manufacturer of knitted fabrics in various structures such as single jersey, interlock, rib, etc and a wide range of knitted garments including baby bodies and pyjamas, kids and teen wear, polo pique and round neck T-shirts.

The company is one of the largest exporters of 100% cotton yarn from India. Its exports exceed 24000 tonnes, to a clientele spread worldwide. It is the first 100% export oriented spinning unit in India’s private sector.

The company spin yarn between counts Ne 20’s combed and Ne 120’s combed, both in single and 2-ply. All yarns are wound on the latest Schlafhorst 338 & Murata Autoconers. It produces high RKM yarns for high speed looms. Our double yarns, including knotless, are twisted on Volkmann TFO twisters. Its gassed yarns are singed on the latest Swiss Mettler machines.

The company has installed a Suessen Elite compact spinning machine and can offer compact yarn between counts Ne 40's and Ne 100’s. It also have an SSM Precision Dye Package Winder for yarn on soft winding perforated dye packages (both conical 4020 and cylindrical).

The company is the part of the Patodia Group of Industries. The group of national and international fame was founded by Late Shri B L Patodia as early as 1938 and pioneered the business of cotton and art silk yarns in India.

The trade and export activities of the group rose to enormous proportions after World War II. The group's present turnover is in excess of $100 million, and covers almost full range of the activities of textile industry, from raw cotton to ready to wear fashion garments. The group has firm business tie-ups with textile companies all over the world including Japan, Switzerland, UK, Germany, South Korea, Italy and USA. Cotton yarn exports of the group comprise almost 10% of India's yarn exports.

The company’s plant, spread out over a sprawling 18 acres at Kolhapur in Maharashtra, India, is one of the most sophisticated in its class in the world today. The latest machinery and technological know-how was acquired from reputed world leaders in their respective fields and the plant is professionally managed by the best technical team in India today.

Based on its experience and expertise, it confidently offers a high-end textile product, whether it is yarn, fabric or the finished garment.It is one of the largest exporters of 100% cotton yarn from India. Its exports exceed 24000 tonnes, to a clientele spread worldwide and is the first 100% export oriented spinning unit in India's private sector. It had installed a Suessen Elite compact spinning machine. It also has an SSM Precision Dye Package Winder for yarn on soft winding perforated dye packages (both conical 4020 and cylindrical).

Its knitting facility is housed in the same premises as its spinning units. It had installed single jersey, interlock and rib machines manufactured by Mayer & Cie and Terrot.Its ultra-modern garment manufacturing unit is located in New Bombay. With all machinery from Pegasus, Yamato, Juki and Brother, a full-fledged garment testing laboratory, and the latest fusing machines and needle detectors, they distinguish themselves on the basis of strict quality control that offered to customers.

Product range of the company includes:

  • Yarn- It spins yarn between counts Ne 20's combed and Ne 120's combed, both in single and 2-ply. All yarns are wound on the latest Schlafhorst 338 & Murata Autoconers. It produce high RKM yarns for high speed looms. Its double yarns, including knotless, are twisted on Volkmann TFO twisters. Its gassed yarns are singed on the latest Swiss Mettler machines. It offers compact yarn between counts Ne 40's and Ne 100's.
  • Fabric-It knits fabrics in various structures, it also produces single jersey pique fabric. Its machines are also equipped with lycra attachments which enable them to offer high quality cotton / lycra fabrics.
  • Garments-It manufactures high quality knitted garments for the export market. Its garment product range covers a wide spectrum from baby bodies and pyjamas, kids and teen wear, and polo pique and round neck t-shirts.

Awards/Achievements

  • The company has ISO 9000 and Oeko-Tex 100 accreditations.
  • The company is also a consistent recipient of the Maharashtra State Best Exporter Award.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-3.74%
1 Week
-8.04%
1 Month
-18.58%
3 Month
-26.43%
6 Month
+1.48%
1 Year
+42.07%
2 Year
+19.77%
5 Year
-76.80%
10 Year
-44.92%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) -2.79 8.44 -4.88 -8.83 -20.56 -29.45 -53.13 -139.18
Return on Capital Employed (%) 7.44 15.32 5.22 2.14 -4.04 -7.35 -12.76 -37.78 -32.32
Return on Assets (%) -0.93 2.87 -1.78 -3.44 -7.30 -8.51 -12.55 -20.14 -18.91

Balance Sheet View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 64 69 64 59 56 42 24 4 -7 -11
Non Curr. Liab. 31 27 19 21 27 24 18 12 12 13
Curr. Liab. 97 99 83 66 91 93 71 57 46 48
Minority Int.
Equity & Liab. 192 196 167 146 174 159 113 73 51 50
Non Curr. Assets 88 89 85 87 94 88 63 57 47 47
Curr. Assets 104 107 82 58 80 71 50 16 4 3
Misc. Exp. not W/O
Total Assets 192 196 167 146 174 159 113 73 51 50

Profit Loss View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 283 344 281 234 189 252 197 42 24 8
Other Income 1 1 1 2 2 1 2 8 11 9
Total Income 285 345 282 236 190 254 198 50 35 17
Total Expenditure -264 -315 -270 -229 -190 -257 -204 -63 -40 -18
PBIDT 20 31 11 7 0 -3 -6 -13 -5 -1
Interest -11 -11 -10 -8 -8 -8 -8 -5 -3 -2
Depreciation -10 -10 -5 -4 -4 -4 -4 -4 -4 -3
Taxation -1 -5 0 0 0 1 0 3 0 0
Exceptional Items
PAT -2 6 -3 -5 -12 -14 -17 -19 -12 -7
Adjusted EPS -2 6 -4 -6 -13 -16 -20 -21 -13 -8

Cash Flow View Details

Particulars 10 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. 19 6 30 17 24 -1 0 23 -6 -17
Cash Fr. Inv. 24 -2 -7 -2 1 1 1 1 16 19
Cash Fr. Finan. -43 -4 -23 -16 -24 1 -1 -25 -10 -2
Net Change 0 0 0 0 0 1 0 -1 0 0
Cash & Cash Eqvt 1 0 0 0 0 1 1 0 0 0

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 70.99 70.99 70.99 70.99 70.99 70.99 70.99 70.99 70.99
Public 29.01 29.01 29.01 29.01 29.01 29.01 29.01 29.01 29.01
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

Thu, 07 Apr 2022
Disclosure under SEBI Takeover Regulations
Promoter/Promoter Group of Eurotex Industries and Exports Limited has submitted a disclosure under Regulation 31(4) of SEBI Takeover Regulations for the year ended 31-Mar-2022
Wed, 06 Apr 2022
Disclosure under SEBI Takeover Regulations
Promoter/Promoter Group of Eurotex Industries and Exports Limited has submitted a disclosure under Regulation 31(4) of SEBI Takeover Regulations for the year ended 31-Mar-2022
Tue, 05 Apr 2022
Closure of operations of any unit/division
Eurotex Industries and Exports Limited has informed the Exchange about Closure of operations of any unit/division

Technical Scans View Details

Wed, 18 May 2022
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Close Crossing Last Week Low Close Crossing Last Week Low
Closing Below Previous Low Closing Below Previous Low

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