Salona Cotspin Ltd.
Snapshot View

180.65 -6.15 ▼-3.3%

26 July 2021, 09:18:00 A.M.
Volume: 146

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Spinning Compare with Industry peers
Website http://www.salonacotspin.com
Financial Indicators
Market Cap 98.30 Cr.
Earnings per share (EPS) 11.78 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 15.86 Trailing Twelve Months Ending 2021-03
Industry PE 27.91 Trailing Twelve Months Ending 2021-03
Book Value / Share 72.12 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.59 Calculated using Price: 186.80
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 0.53 Cr. 5,262,400 Shares
FaceValue 10
Company Profile

Salona Cotspin, a Salona Group company, is engaged in the manufacture of carded and combed, ring spun greige yarns for knitting and weaving applications, from cotton. Salona Cotspin was incorporated in 1994 as a public limited company having administrative and export division Office at Coimbatore and Branches at Calcutta and  Tirupur.

The Salona Group is a leading Indian manufacturer and exporter of Cotton Yarn, Knitted / Woven / Fabrics and Garments. The registered office and manufacturing unit of Salona Cotspin is at Poongampalli Erode District with an installed capacity of 11,000 spindles. The company is listed at Coimbatore, Calcutta,Chennai & Ahmedabad Stock Exchanges. The company specializes in 100% cotton yarn.

Salona yarn is made on state-of-the-art machines. They are designed to provide maximum flexibility  to the customers while maintaining  the desired  quality of their knitting and weaving customers The raw materials, the work in progress materials and the final yarn produced are continuously tested to ensure that the yarn quality is of the  highest international standards.

Product range of the company includes:

  • 100% Cotton Yarn
  • Ring Spin for Knitting & Weaving
  • Count - 20/1 TO 40/1
  • Carded - Semicombed & Super Combed

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-3.29%
1 Week
-9.56%
1 Month
+23.52%
3 Month
+105.28%
6 Month
+162.57%
1 Year
+180.29%
2 Year
+120.71%
5 Year
+488.44%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -33.33 22.39 31.50 9.77 9.63 12.79 8.62 5.33 3.71
Return on Capital Employed (%) -3.39 14.20 20.14 10.90 10.64 8.59 8.84 8.12 7.73
Return on Assets (%) -6.48 5.00 9.14 3.59 3.83 4.96 3.23 1.88 1.35

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 13 16 21 23 25 28 30 31 32
Non Curr. Liab. 25 21 17 13 11 8 7 10 8
Curr. Liab. 26 25 25 18 29 35 47 49 43
Minority Int.
Equity & Liab. 63 61 63 54 64 71 83 90 83
Non Curr. Assets 35 30 26 23 20 19 22 28 26
Curr. Assets 28 30 37 32 44 52 61 62 57
Misc. Exp. not W/O 0 0 0 0
Total Assets 63 61 63 54 64 71 83 90 83

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 79 86 106 103 100 121 107 133 122
Other Income 0 0 0 0 0 0 0 0 0
Total Income 79 86 107 103 100 122 107 133 122
Total Expenditure -77 -72 -90 -93 -92 -113 -98 -123 -113
PBIDT 3 13 17 10 9 9 10 10 9
Interest -5 -4 -3 -3 -3 -2 -3 -4 -4
Depreciation -5 -5 -6 -4 -3 -4 -4 -4 -3
Taxation 2 -1 -2 0 0 1 0 -1 -1
Exceptional Items
PAT -5 3 6 2 2 3 2 2 1

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. 18 8 12 10 0 -3 4 6 14
Cash Fr. Inv. -1 -1 -1 0 -1 -2 -7 -10 0
Cash Fr. Finan. -17 -8 -10 -10 2 3 3 4 -14
Net Change 0 -1 1 -1 2 -2 0 0 0
Cash & Cash Eqvt 1 0 1 0 2 0 0 0 0

Shareholding Pattern View Details

9 Qtrs 2018-12 (%) 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 61.42 61.86 61.86 62.24 62.24 63.04 65.98 65.98 65.98
Public 38.58 38.14 38.14 37.76 37.76 36.96 34.02 34.02 34.02
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, 08 Jul 2021
Half Yearly Disclosure on Related Party Transactions under Regulation 23(9) of SEBI LODR(Amendment) Regulations 2018
Salona Cotspin Ltd has submitted to BSE a copy of Half Yearly disclosure on Related Party Transactions under Regulation 23(9) of SEBI Listing Obligation and Disclosure Requirement (Amendment) Regulations 2018 for the Half Year ended March 31 2021.
Mon, 28 Jun 2021
Standalone Financial Results Auditors Report for March 31 2021
Salona Cotspin Ltd has informed BSE about :

1. Standalone Financial Results for the period ended March 31 2021

2. Standalone Auditors Report for the period ended March 31 2021

3. Standalone Cash Flow Statement for the period ended March 31 2021
Thu, 17 Jun 2021
Board to consider Dividend
Salona Cotspin Ltd has informed BSE that the meeting of the Board of Directors of the Company will be held on June 28 2021 to consider and take on record the Audited Financial Results of the Company for the year ended March 31 2021 and to consider and recommend dividend if any on equity shares of the company for the financial year ended March 31 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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