Sarla Performance Fibers Ltd.
Snapshot View

40.95 -0.65 ▼-1.6%

30 July 2021, 04:00:00 P.M.
Volume: 32,022

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Manmade Fibres Compare with Industry peers
Website http://www.sarlafibers.com
Financial Indicators
Market Cap 341.94 Cr.
Earnings per share (EPS) 3.14 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 13.03 Trailing Twelve Months Ending 2021-03
Industry PE 34.41 Trailing Twelve Months Ending 2021-03
Book Value / Share 41.26 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.99 Calculated using Price: 40.95
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 8.35 Cr. 83,503,000 Shares
FaceValue 1
Company Profile

Sarla Performance Fibers, formerly Sarla Polyester Ltd, was started by Krishna Jhunjhunwala as a 100% Export Oriented Unit (EOU) manufacturing polyester, polyamide (nylon) texturised yarns & conventional/air covered Lycra/Spandex yarns in 1995. It is amongst the leading manufacturer-exporters from India, exporting their products around the globe. 

Spinning and weaving the entire world into their company. As an export oriented company, Sarla Performance Fibers has entered the following markets:

  • Middle East – Turkey, Jordan, Dubai, Egypt, Israel, Iran.
  • Europe – Italy, Spain, Portugal, Germany, UK, Sweden, Estonia, Ireland, Greece,   Romania, Bulgaria, Poland, Lithuania
  • USA 
  • Central America – Venezuela, Mexico, Honduras
  • South America – Brazil, Argentina, Chile
  • Africa – Morocco, Kenya, Madagascar, South Africa
  • Far East – Indonesia, China
  • Neighbouring countries – Bangladesh, Srilanka. 

In order to cater the market in central America they have set up a manufacturing plant in Honduras under the name of Savitex (A joint venture)

The group Companies:

Savitex- Savitex is joint venture between Sarla Performance Fibers and its Canadian Distributors Viafil. It is a vertically integrated one-of-its-kind sewing thread operation in the world. Having its manufacturing base in central America it fulfills the recently introduced Cafta criteria.  All garment majors like Hanes, Fruit of the Loom, Gildan, Russel, Delta Apparel, etc have huge garment manufacturing facilities in this region and can avail of prompt service and delivery for all their thread needs from Savitex.

Zabatex India - Zabatex India is a joint venture between a Canadian company Zabatex Inc and the promoters of Sarla Performance Fibers which manufactures the following

  •  Knitted elastics for apparel & industrial applications
  •  Woven elastics for sportswear, lightweight industrial, and select apparel applications
  • Narrow fabrics for swim wear, apparel, & select industrial applications

Sarla Performance Fibers specializes in yarn for narrow fabrics and hence Zabatex India has practically in-house availability of this essential raw material to provide all kinds of quality narrow fabrics /elastics to garment manufacturers worldwide

Product range of the company includes:

  • Polyester Textured Yarn
  • Polyamide 6 and 66 yarn (Nylon) 
  • Polyester Sewing Thread
  • Covered Yarn
  • High Tenacity yarn

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.56%
1 Week
+2.63%
1 Month
+11.28%
3 Month
+58.41%
6 Month
+57.80%
1 Year
+152.00%
2 Year
+70.98%
5 Year
-30.71%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 16.26 20.97 17.81 14.08 18.37 13.19 9.13 9.04 9.55
Return on Capital Employed (%) 15.84 18.26 13.53 10.51 10.88 11.52 10.80 9.35 7.73
Return on Assets (%) 8.50 10.15 7.17 5.50 7.63 5.60 4.19 4.35 4.59

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 124 142 169 230 262 258 273 292 318
Non Curr. Liab. 19 55 148 134 183 156 151 180 189
Curr. Liab. 97 114 147 194 182 183 136 143 147
Minority Int. 0 0 0 0 0 0
Equity & Liab. 240 311 463 557 626 598 560 615 655
Non Curr. Assets 92 140 261 269 330 364 364 399 415
Curr. Assets 148 170 202 289 296 234 196 216 240
Misc. Exp. not W/O
Total Assets 240 311 463 557 626 598 560 615 655

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 223 259 262 312 299 308 300 324 311
Other Income 2 2 9 12 11 27 20 18 18
Total Income 225 261 271 324 311 335 320 342 328
Total Expenditure -189 -212 -215 -262 -238 -253 -246 -272 -260
PBIDT 35 49 56 61 73 82 74 70 68
Interest -4 -6 -7 -6 -6 -8 -8 -9 -12
Depreciation -8 -8 -11 -14 -15 -20 -20 -22 -25
Taxation -5 -7 -10 -12 -6 -19 -21 -13 -2
Exceptional Items
PAT 19 28 28 28 45 34 24 26 29

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. -1 27 35 2 83 61 49 30 45
Cash Fr. Inv. -11 -55 -128 -6 -57 -39 18 -60 -48
Cash Fr. Finan. 11 37 108 61 -10 -27 -60 19 3
Net Change -1 9 15 57 16 -5 7 -10 1
Cash & Cash Eqvt 13 22 37 94 110 10 16 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 54.36 54.76 54.88 54.94 54.94 54.94 55.11 55.11 55.11
Public 45.64 45.24 45.12 45.06 45.06 45.06 44.89 44.89 44.89
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, 24 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
We submit herewith a Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation 2018 for the quarter ended 30th June 2021 received from Link Intime India Private Limited Registrar and Shares Transfer Agent of the Company.
Tue, 20 Jul 2021
Announcement under Regulation 30 (LODR)-Demise
Dear Sir/ Madam

It is with profound grief Sarla Performance Fibers Limited intimates the sudden demise of its Promoter Director and the Chairman and whole time Director of Company Shri Madhusudan Jhunjhunwala on yesterday i.e. Monday July 19 2021.

Shri Madhusudan Jhunjhunwala was one of the Co-founders Director and played crucial leadership roles through his long career at Sarla Performance Fibers Limited. Shri Madhusudan Jhunjhunwala was on the Board of Company since 1994 and the Company has immensely benefitted from his vision and leadership during his tenure. The sudden and unexpected demise of Shri Jhunjhunwala has caused an irreparable loss to the Company.
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 :- MAHENDRA SETH
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Fri, 30 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
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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