Shreyans Industries Ltd.
Snapshot View

136.85 +1.05 ▲0.8%

30 July 2021, 04:00:00 P.M.
Volume: 20,878

Overview View Details

Sector Paper Compare with Sector peers
Industry Paper & Paper Products Compare with Industry peers
Website http://www.shreyansgroup.com
Financial Indicators
Market Cap 189.19 Cr.
Earnings per share (EPS) 6.35 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 21.56 Trailing Twelve Months Ending 2021-03
Industry PE - Trailing Twelve Months Ending 2021-03
Book Value / Share 163.61 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.84 Calculated using Price: 136.85
Dividend Yield 2.19 Period Ending 2020-03
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
+0.77%
1 Week
+23.68%
1 Month
+28.92%
3 Month
+64.48%
6 Month
+73.12%
1 Year
+89.54%
2 Year
+22.19%
5 Year
+110.70%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 3.39 10.90 15.82 11.06 9.10 22.45 22.29 26.62 15.43
Return on Capital Employed (%) 9.09 15.85 22.95 15.47 11.74 27.91 28.14 35.70 14.80
Return on Assets (%) 1.20 3.87 5.74 4.08 3.35 8.76 9.72 12.79 7.78

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 68 75 85 92 99 125 155 198 216
Non Curr. Liab. 54 40 37 41 71 56 60 53 61
Curr. Liab. 80 85 118 107 109 113 132 135 158
Minority Int.
Equity & Liab. 202 200 241 240 279 295 347 387 435
Non Curr. Assets 132 118 121 135 169 162 182 187 227
Curr. Assets 70 82 120 105 110 133 165 200 208
Misc. Exp. not W/O 0 0 0
Total Assets 202 200 241 240 279 295 347 387 435

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 276 343 402 368 389 420 464 574 540
Other Income 2 3 2 6 1 5 5 6 6
Total Income 278 346 403 373 391 425 468 580 546
Total Expenditure -258 -318 -366 -346 -367 -363 -408 -494 -499
PBIDT 19 29 38 28 24 62 60 86 48
Interest -6 -7 -6 -7 -6 -6 -6 -6 -5
Depreciation -9 -10 -9 -7 -7 -8 -9 -9 -11
Taxation -1 -4 -9 -4 -2 -14 -15 -24 -1
Exceptional Items -9
PAT 2 8 13 10 9 25 31 47 32

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. 11 39 16 30 19 54 33 50 53
Cash Fr. Inv. -20 -20 -16 -18 -24 -34 -32 -27 -62
Cash Fr. Finan. 10 -18 1 -11 5 -21 -2 -23 9
Net Change 1 1 1 0 -1 0 0 0 0
Cash & Cash Eqvt 3 4 5 5 1 0 0 0 0

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 47.26 50.24 50.38 50.53 50.53 50.53 50.53 50.53 50.53
Public 52.74 49.76 49.62 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

Fri, 30 Jul 2021
Clarification sought from Shreyans Industries Ltd
The Exchange has sought clarification from Shreyans Industries Ltd on July 30 2021 with reference to significant movement in price in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.

The reply is awaited.
Fri, 30 Jul 2021
Clarification On Movement/Spurt In Price
With reference to your aforesaid letters please note that the Company is in compliance with Regulation 30 and all other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and have been providing details of all the events information and price sensitive information or any information which have a bearing on the operations of the performance of the Company etc to the Stock Exchanges in a time bound manner.

We hereby confirm that there are no pending announcements events on information which is/are price sensitive that could have led to significant movement in the price behavior of the Companys shares. The movement in price of the shares is purely market driven.

Hope you will find the above in order.
Thu, 29 Jul 2021
Board Meeting Intimation for INTIMATION OF BOARD MEETING UNDER REGULATION 29 (A) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS 2015.
SHREYANS INDUSTRIES LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2021 inter alia to consider and approve This is to inform you that a meeting of the Board of Directors of the Company has been scheduled to be held on Tuesday 10th August 2021 inter alia to consider and approve/take on record the Un-audited Financial Results of the Company for the Quarter ended 30th June 2021.

Kindly note and display the notice on your notice Board for the information of the members of your exchange and general public.

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
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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