Shreyans Industries Ltd.
Snapshot View

96.95 +0.05 ▲0.1%

27 May 2022, 04:01:00 PM
Volume: 6,075

Overview View Details

Sector Paper Compare with Sector peers
Industry Paper & Paper Products Compare with Industry peers
Website http://www.shreyansgroup.com
Market Cap 134.03 Cr.
Enterprise Value(EV) 188.46 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 7.20 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 13.46 Trailing Twelve Months Ending 2022-03
Industry PE 16.81 Trailing Twelve Months Ending 2022-03
Book Value / Share 167.71 Trailing Twelve Months Ending 2022-03
Price to Book Value 0.58 Calculated using Price: 96.95
Dividend Yield 2.06 Period Ending 2021-03
No. of Shares Subscribed 1.38 Cr. 13,824,550 Shares
FaceValue 10
Company Profile

Adhinath Textiles (ATL) was incorporated in 1979 by the Oswal Group of Ludhiana. It manufactures synthetic and wool-blended hosiery and knitting yarns which are marketed under the Adinath brand name. The company also diversified into the hosiery segment and manufactured polyester wool, pure wool and polyester viscose yarns suitable for worsted suitings. Manufacturing plant of the company is located at Village Bholapur, Chandigarh Road, Ludhiana. ATL has branches in New Delhi and Mumbai.

As the net worth and working capital of the company become negative, it has been referred to the BIFR.

Products

  • Acrylic Fiber
  • Polyester Fiber
  • Nylon Fiber
  • Cationic Dyes
  • Dispersed Dyes

 

Group Companies

  • Shreyans Papers
  • Shree Rishabh paper
  • Adinath Textiles Limited

Shreyans Industries Limited is one of the leading industrial groups of North India promoted by the well known OSWAL family of Ludhiana. It is a multi unit group with interests in Paper and Textiles. The company has an annual turnover of $50 million. Shreyans Group has over 1100 employees.

Milestones

  • 1979 - The company was incorporated on 16th January, at Jullundar (Punjab).
  • 1979 - The company's object is to manufacture all kinds of yarn and fibres and wool tops.
  • 1979 - The company was promoted by Oswals of Ludhiana (promoters of Vardhaman Spinning and General Mills Ltd., and Mahavi Spinning Mills Ltd.) with the object of setting up a worsted spinning plant.
  • 1979 - The company's synthetics and wool-blended hosiery and knitting yarns were marketed under the brand name ADHINATH.
  • 1984 - The company was issued a license for 1,200 spindles.  The company proposed to set up a combing project as it held an industrial license for the manufacture of 7,72,600 kgs. of wool tops per annum.  Also, an application was made for a license for 9 power looms.
  • 1984 - All shares taken up by promoters, directors etc.
  • 1985 - The company formulated a modernisation balancing scheme costing Rs.158.25 lakhs under which it proposed to replace the obsolete machines by new indigenous and imported equipments.
  • 1986 - The modernization balancing scheme could not be implemented. However, it was proposed to revise the scheme to increase the top making capacity of the unit by 33% to reduce the company's dependence on outside carding process.
  • 1987 - The company received a letter of intent for setting up 6,000 Nos. worsted spindles.
  • 1987 - The vompany proposed to manufacture factory qualities of hand knitting yarn and better quality of hosiery yarns.
  • 1987 - A detailed scheme was submitted to PSIDC involving a capital outlay of Rs 96 lakhs.
  • 1988 - 4,400 spindles were installed and commissioned.  The balance 1,600 spindles were expected to be in operation by the end of the first quarter of 1990.
  • 1988 - The company obtained a license for the setting up of a spinning project for the manufacture of cotton and synthetic yarns with a capacity of 25,000 spindles.
  • 1988 - 7,20,000 No. of equity shares issued at a prem. of Rs.5 per share out of which the following shares were reserved for pref. allotment: (i) 36,000 shares to employees (including Indian working directors)/workers of the company (only 22,800 shares take up); (ii) 14,400 shares to promoters of the company (all were taken up) and (iii) 2,50,000 shares to non-resident Indians on repatriation basis (all were taken up). The balance 4,19,600 shares along with 13,200 shares not taken up by employees, were offered for public subscription during October.  Addition 1,08,000 shares were allotted to retain oversubscription (2,200 shares to promoters, 37,500 shares to non-resident Indians on repatriation basis and 68,300 shares to the public).
  • 1989 - During July, the company issued 3,31,200 - 14% secured fully convertible debentures of the face value of Rs 250 each out of which 1,30,800 debentures were offered on Rights basis to the existing equity shareholders. 
  • 1992 - The company ventured into new business of manufacturing twisted yarn.
  • 1994 - The company proposed to come out of the hosiery segment of acrylic yarn market by diversifying into products like polyester wool, pure wool and polyester viscose yarns suitable for worsted suitings.
  • 1994 - 35,00,000 No. of equity shares allotted to promoters on private placement basis.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.05%
1 Week
-23.72%
1 Month
-28.29%
3 Month
-2.56%
6 Month
-5.41%
1 Year
+1.84%
2 Year
+34.84%
5 Year
-43.02%
10 Year
+597.48%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 10.90 15.82 11.06 9.10 22.45 22.29 26.62 15.43 3.97
Return on Capital Employed (%) 15.85 22.95 15.47 11.74 27.91 28.14 35.70 14.80 5.30
Return on Assets (%) 3.87 5.74 4.08 3.35 8.76 9.72 12.79 7.78 1.98

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. 2022-03* Rs. Cr.
Shh. Funds 75 85 92 99 125 155 198 216 226 232
Non Curr. Liab. 40 37 41 71 56 60 53 61 58 53
Curr. Liab. 85 118 107 109 113 132 135 158 166 146
Minority Int.
Equity & Liab. 200 241 240 279 295 347 387 435 451 431
Non Curr. Assets 118 121 135 169 162 182 187 227 237 243
Curr. Assets 82 120 105 110 133 165 200 208 213 189
Misc. Exp. not W/O 0 0 0
Total Assets 200 241 240 279 295 347 387 435 451 431

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. 2022-03 Rs. Cr. TTM
Net Sales 343 402 368 389 420 464 574 540 366 584
Other Income 3 2 6 1 5 5 6 6 21 20
Total Income 346 403 373 391 425 468 580 546 387 605
Total Expenditure -318 -366 -346 -367 -363 -408 -494 -499 -361 -574
PBIDT 29 38 28 24 62 60 86 48 26 31
Interest -7 -6 -7 -6 -6 -6 -6 -5 -5 -6
Depreciation -10 -9 -7 -7 -8 -9 -9 -11 -11 -13
Taxation -4 -9 -4 -2 -14 -15 -24 -1 -1 -2
Exceptional Items -9
PAT 8 13 10 9 25 31 47 32 9 10
Adjusted EPS 6 9 7 6 18 23 34 23 6 7

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. 11 39 16 30 19 54 33 50 53 14
Cash Fr. Inv. -20 -20 -16 -18 -24 -34 -32 -27 -62 -16
Cash Fr. Finan. 10 -18 1 -11 5 -21 -2 -23 9 2
Net Change 1 1 1 0 -1 0 0 0 0 0
Cash & Cash Eqvt 3 4 5 5 1 0 0 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 50.53 50.53 50.53 50.53 50.53 50.53 50.53 50.53 50.53
Public 49.47 49.47 49.47 49.47 49.47 49.47 49.47 49.47 49.47
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, 28 May 2022
Compliances-Reg.24(A)-Annual Secretarial Compliance
ANNUAL SECRETARIAL COMPLIANCE REPORT
Fri, 20 May 2022
Quarter And Financial Year Ended 31St March 2022.
The Board has approved Audited Financial Results of the Company for the Quarter and Financial Year ended 31st March 2022 and the Board has recommended a Dividend of Rs. 2.00/- per share on fully paid equity shares of the Company for the Financial Year ended 31st March 2022 subject to the approval of Shareholders of the Company at 42nd Annual General Meeting.

The copy of the Audited Financial Results and Auditors Report along with outcome of board meeting are enclosed herewith.
Fri, 20 May 2022
Board recommends Dividend
Shreyans Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 20 2022 inter alia has recommended a Dividend of Rs. 2.00/- per share on fully paid equity shares of the Company for the Financial year ended March 31 2022 subject to the approval of Shareholders of the Company at 42nd Annual General Meeting.

Technical Scans View Details

Fri, 27 May 2022
High Delivery Percentage High Delivery Percentage
Close Within 52 Week Low Zone Close Within 52 Week Low Zone
High Decrease 1 Month High Decrease 1 Month
20 SMA Crossing  200 SMA From Above 20 SMA Crossing 200 SMA From Above
CCI Oversold Zone CCI Oversold Zone

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Century Textiles & Industries Ltd. 8,221.36 736.05 +1.7%
JK Paper Ltd. 5,681.75 335.40 -1.2%
West Coast Paper Mills Ltd. 2,221.56 336.35 +0.8%
Andhra Paper Ltd. 1,291.53 324.75 +2.6%
Tamil Nadu Newsprint & Papers Ltd. 1,194.57 172.40 -1.6%
Seshasayee Paper and Boards Ltd. 1,183.79 187.70 -0.5%
Satia Industries Ltd. 1,085.00 108.50 -10.8%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Century Textiles & Industries Ltd. Consolidated 2022-03 49.37 736.05 +1.7%
JK Paper Ltd. Consolidated 2022-03 10.47 335.40 -1.2%
West Coast Paper Mills Ltd. Consolidated 2022-03 7.24 336.35 +0.8%
Andhra Paper Ltd. Standalone 2022-03 9.24 324.75 +2.6%
Tamil Nadu Newsprint & Papers Ltd. Standalone 2022-03 83.42 172.40 -1.6%
Seshasayee Paper and Boards Ltd. Consolidated 2022-03 10.76 187.70 -0.5%
Satia Industries Ltd. Standalone 2021-12 11.79 108.50 -10.8%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Century Textiles & Industries Ltd. Consolidated 2022-03 2.21 736.05 +1.7%
JK Paper Ltd. Consolidated 2022-03 1.90 335.40 -1.2%
West Coast Paper Mills Ltd. Consolidated 2022-03 1.32 336.35 +0.8%
Andhra Paper Ltd. Standalone 2022-03 1.18 324.75 +2.6%
Tamil Nadu Newsprint & Papers Ltd. Standalone 2022-03 0.75 172.40 -1.6%
Seshasayee Paper and Boards Ltd. Consolidated 2022-03 0.94 187.70 -0.5%
Satia Industries Ltd. Standalone 2021-12 2.10 108.50 -10.8%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Century Textiles & Industries Ltd. Consolidated 2021-03 0.29 736.05 +1.7%
JK Paper Ltd. Consolidated 2021-03 1.11 335.40 -1.2%
West Coast Paper Mills Ltd. Consolidated 2021-03 0.48 336.35 +0.8%
Andhra Paper Ltd. Standalone 2021-03 0.03 324.75 +2.6%
Tamil Nadu Newsprint & Papers Ltd. Standalone 2021-03 1.70 172.40 -1.6%
Seshasayee Paper and Boards Ltd. Consolidated 2021-03 0.01 187.70 -0.5%
Satia Industries Ltd. Standalone 2021-03 0.77 108.50 -10.8%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Century Textiles & Industries Ltd. Consolidated 2021-03 -0.96 736.05 +1.7%
JK Paper Ltd. Consolidated 2021-03 9.70 335.40 -1.2%
West Coast Paper Mills Ltd. Consolidated 2021-03 -0.32 336.35 +0.8%
Andhra Paper Ltd. Standalone 2021-03 -0.47 324.75 +2.6%
Tamil Nadu Newsprint & Papers Ltd. Standalone 2021-03 -3.93 172.40 -1.6%
Seshasayee Paper and Boards Ltd. Consolidated 2021-03 9.19 187.70 -0.5%
Satia Industries Ltd. Standalone 2021-03 11.79 108.50 -10.8%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Century Textiles & Industries Ltd. Consolidated 2021-03 -0.96 736.05 +1.7%
JK Paper Ltd. Consolidated 2021-03 9.70 335.40 -1.2%
West Coast Paper Mills Ltd. Consolidated 2021-03 -0.32 336.35 +0.8%
Andhra Paper Ltd. Standalone 2021-03 -0.47 324.75 +2.6%
Tamil Nadu Newsprint & Papers Ltd. Standalone 2021-03 -3.93 172.40 -1.6%
Seshasayee Paper and Boards Ltd. Consolidated 2021-03 9.19 187.70 -0.5%
Satia Industries Ltd. Standalone 2021-03 11.79 108.50 -10.8%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Century Textiles & Industries Ltd. Consolidated 2021-03 2,616.57 736.05 +1.7%
JK Paper Ltd. Consolidated 2021-03 2,750.72 335.40 -1.2%
West Coast Paper Mills Ltd. Consolidated 2021-03 2,244.53 336.35 +0.8%
Andhra Paper Ltd. Standalone 2021-03 886.75 324.75 +2.6%
Tamil Nadu Newsprint & Papers Ltd. Standalone 2021-03 2,768.18 172.40 -1.6%
Seshasayee Paper and Boards Ltd. Consolidated 2021-03 782.06 187.70 -0.5%
Satia Industries Ltd. Standalone 2021-03 588.44 108.50 -10.8%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Century Textiles & Industries Ltd. Consolidated 2021-03 -33.61 736.05 +1.7%
JK Paper Ltd. Consolidated 2021-03 236.72 335.40 -1.2%
West Coast Paper Mills Ltd. Consolidated 2021-03 -4.38 336.35 +0.8%
Andhra Paper Ltd. Standalone 2021-03 -4.60 324.75 +2.6%
Tamil Nadu Newsprint & Papers Ltd. Standalone 2021-03 -65.11 172.40 -1.6%
Seshasayee Paper and Boards Ltd. Consolidated 2021-03 99.30 187.70 -0.5%
Satia Industries Ltd. Standalone 2021-03 49.55 108.50 -10.8%