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Candour Techtex

  • Market Cap: Micro Cap
  • Industry: Textile - Machinery
  • ISIN: INE713D01055
  • NSEID:
  • BSEID: 522292
INR
84.99
-1.51 (-1.75%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.06 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.06 k (-61.28%) Volume

Shareholding (Feb 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

33.99%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor Management Efficiency with a low ROCE of 2.20%

  • The company has been able to generate a Return on Capital Employed (avg) of 2.20% signifying low profitability per unit of total capital (equity and debt)
2

Low ability to service debt as the company has a high Debt to EBITDA ratio of 5.19 times

3

Healthy long term growth as Net Sales has grown by an annual rate of 71.34%

 
4

Positive results in Dec 24

5

Stock is technically in a Mildly Bullish range

6

With ROCE of 2.2, it has a Expensive valuation with a 3 Enterprise value to Capital Employed

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Textile - Machinery

stock-summary
Market cap

INR 153 Cr (Micro Cap)

stock-summary
P/E

123.00

stock-summary
Industry P/E

76

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

1.15

stock-summary
Return on Equity

4.38%

stock-summary
Price to Book

5.40

Revenue and Profits (1 Year):
Net Sales:
46 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
5.06%
0%
5.06%
1 Year
108.82%
0%
108.82%
2 Years
123.72%
0%
123.72%
3 Years
85.57%
0%
85.57%
4 Years
42.12%
0%
42.12%
5 Years
240.64%
0%
240.64%

Candour Techtex for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
71.34%
EBIT Growth (5y)
33.31%
EBIT to Interest (avg)
0.31
Debt to EBITDA (avg)
8.52
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.92
Tax Ratio
30.00%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
0.49%
ROE (avg)
3.61%
Valuation key factors
Factor
Value
P/E Ratio
123
Industry P/E
76
Price to Book Value
5.40
EV to EBIT
70.26
EV to EBITDA
28.32
EV to Capital Employed
3.05
EV to Sales
1.07
PEG Ratio
2.89
Dividend Yield
NA
ROCE (Latest)
2.20%
ROE (Latest)
4.38%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Feb 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Jayesh Ramniklal Mehta (25.06%)

Highest Public shareholder

Mangal Keshav Capital Limited (16.55%)

Individual Investors Holdings

38.99%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 16.78% vs -17.34% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -47.17% vs -11.67% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "46.43",
          "val2": "39.76",
          "chgp": "16.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1.95",
          "val2": "2.09",
          "chgp": "-6.70%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.75",
          "val2": "0.77",
          "chgp": "-2.60%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.28",
          "val2": "0.53",
          "chgp": "-47.17%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.20%",
          "val2": "5.26%",
          "chgp": "-1.06%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -10.87% vs 90.79% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 389.74% vs -218.18% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "87.85",
          "val2": "98.56",
          "chgp": "-10.87%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4.28",
          "val2": "1.18",
          "chgp": "262.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.51",
          "val2": "1.09",
          "chgp": "38.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.13",
          "val2": "-0.39",
          "chgp": "389.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.87%",
          "val2": "1.20%",
          "chgp": "3.67%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -5.81% vs 159.36% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 254.95% vs -265.45% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "134.28",
          "val2": "142.57",
          "chgp": "-5.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.23",
          "val2": "1.73",
          "chgp": "260.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.26",
          "val2": "1.76",
          "chgp": "28.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.41",
          "val2": "-0.91",
          "chgp": "254.95%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.64%",
          "val2": "1.21%",
          "chgp": "3.43%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 209.79% vs -65.77% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -146.09% vs 31.43% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "184.73",
          "val2": "59.63",
          "chgp": "209.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.12",
          "val2": "0.21",
          "chgp": "909.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.60",
          "val2": "0.51",
          "chgp": "409.80%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-1.06",
          "val2": "2.30",
          "chgp": "-146.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.15%",
          "val2": "0.35%",
          "chgp": "0.80%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
46.43
39.76
16.78%
Operating Profit (PBDIT) excl Other Income
1.95
2.09
-6.70%
Interest
0.75
0.77
-2.60%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.28
0.53
-47.17%
Operating Profit Margin (Excl OI)
4.20%
5.26%
-1.06%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 16.78% vs -17.34% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -47.17% vs -11.67% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
87.85
98.56
-10.87%
Operating Profit (PBDIT) excl Other Income
4.28
1.18
262.71%
Interest
1.51
1.09
38.53%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.13
-0.39
389.74%
Operating Profit Margin (Excl OI)
4.87%
1.20%
3.67%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -10.87% vs 90.79% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 389.74% vs -218.18% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
134.28
142.57
-5.81%
Operating Profit (PBDIT) excl Other Income
6.23
1.73
260.12%
Interest
2.26
1.76
28.41%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.41
-0.91
254.95%
Operating Profit Margin (Excl OI)
4.64%
1.21%
3.43%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -5.81% vs 159.36% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 254.95% vs -265.45% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
184.73
59.63
209.79%
Operating Profit (PBDIT) excl Other Income
2.12
0.21
909.52%
Interest
2.60
0.51
409.80%
Exceptional Items
0.00
0.00
Standalone Net Profit
-1.06
2.30
-146.09%
Operating Profit Margin (Excl OI)
1.15%
0.35%
0.80%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 209.79% vs -65.77% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -146.09% vs 31.43% in Mar 2023

stock-summaryCompany CV
About Candour Techtex Ltd stock-summary
stock-summary
Candour Techtex Ltd
Micro Cap
Textile - Machinery
Candour Techtex Ltd (Formerly known Chandni Textiles Engineering Industries Ltd) was incorporated in Jun.'86 as Amita Texturisers Pvt Ltd. The Company was promoted by J R Mehta and Prerna Textile Industries Pvt Ltd. The Company is presently engaged in assembling TFO twisting machines and selling under the Brand Name "Prerna". We are also engaged in sourcing of all types of machinery and equipment. It manufactures velvet fabrics and continues to outsource some of the textile division products.
Company Coordinates stock-summary
Company Details
110 TV Industrial Estate, 52 S K Ahire Marg Worli Mumbai Maharashtra : 400030
stock-summary
Tel: 91-09324802991
stock-summary
jrgroup@jrmehta.com
Registrar Details
Purva Shareregistry (India) Pvt Ltd , Gala No 9, Shiv Shakti, Industrial Estate,Sitaram Mill Comp., J R Boricha Marg, Lower Parel [E], Mumbai