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Katare Spinning

  • Market Cap: Micro Cap
  • Industry: Textile
  • ISIN: INE498G01015
  • NSEID:
  • BSEID: 502933
INR
178.90
3.95 (2.26%)
BSENSE

Apr 11, 12:52 PM

BSE+NSE Vol: 3

  • 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

3 (-70.59%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.28%

Held by 0 DIIs

Promoter

49.70%

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

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

  • Poor long term growth as Net Sales has grown by an annual rate of -32.07% and Operating profit at -45.28% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 0 times
  • The company has reported losses. Due to this company has reported negative ROCE
2

Flat results in Dec 24

 
3

Stock is technically in a Bearish range

4

Risky - Negative EBITDA

5

Consistent Underperformance against the benchmark over the last 3 years

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

Textile

stock-summary
Market cap

INR 50 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.03

stock-summary
Return on Equity

-2.56%

stock-summary
Price to Book

0.42

Revenue and Profits (1 Year):
Net Sales:
2 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
-22.22%
0%
-22.22%
1 Year
-22.45%
0%
-22.45%
2 Years
-4.84%
0%
-4.84%
3 Years
-58.14%
0%
-58.14%
4 Years
1249.17%
0%
1249.17%
5 Years
1448.92%
0%
1448.92%

Latest dividend: 1.0000 per share ex-dividend date: Aug-21-2013

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)
-32.07%
EBIT Growth (5y)
-45.28%
EBIT to Interest (avg)
-2.15
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.35
Tax Ratio
5.94%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.28%
ROCE (avg)
-4.07%
ROE (avg)
2.39%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
18
Price to Book Value
0.42
EV to EBIT
-16.79
EV to EBITDA
-38.68
EV to Capital Employed
0.44
EV to Sales
11.55
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-1.74%
ROE (Latest)
-2.56%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-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

Kishore Tippanna Katare (21.43%)

Highest Public shareholder

Krishnagopal Motilal Chandak (4.83%)

Individual Investors Holdings

44.44%

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 151.19% vs 7.69% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 12.77% vs -11.90% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2.11",
          "val2": "0.84",
          "chgp": "151.19%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.08",
          "val2": "-0.15",
          "chgp": "46.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.41",
          "val2": "-0.47",
          "chgp": "12.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-3.79%",
          "val2": "-17.86%",
          "chgp": "14.07%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "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 5.19% vs -40.77% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -456.25% vs -139.02% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1.62",
          "val2": "1.54",
          "chgp": "5.19%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.27",
          "val2": "0.48",
          "chgp": "-156.25%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.89",
          "val2": "-0.16",
          "chgp": "-456.25%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-16.67%",
          "val2": "31.17%",
          "chgp": "-47.84%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "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 19.94% vs -22.83% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -712.50% vs 44.83% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3.73",
          "val2": "3.11",
          "chgp": "19.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.35",
          "val2": "0.23",
          "chgp": "-252.17%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-1.30",
          "val2": "-0.16",
          "chgp": "-712.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-9.38%",
          "val2": "7.40%",
          "chgp": "-16.78%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "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 -43.42% vs 104.34% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -23.84% vs -119.07% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4.00",
          "val2": "7.07",
          "chgp": "-43.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.81",
          "val2": "-1.11",
          "chgp": "27.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.31",
          "val2": "0.13",
          "chgp": "138.46%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-1.87",
          "val2": "-1.51",
          "chgp": "-23.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-20.25%",
          "val2": "-15.70%",
          "chgp": "-4.55%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
2.11
0.84
151.19%
Operating Profit (PBDIT) excl Other Income
-0.08
-0.15
46.67%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.41
-0.47
12.77%
Operating Profit Margin (Excl OI)
-3.79%
-17.86%
14.07%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 151.19% vs 7.69% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 12.77% vs -11.90% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1.62
1.54
5.19%
Operating Profit (PBDIT) excl Other Income
-0.27
0.48
-156.25%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.89
-0.16
-456.25%
Operating Profit Margin (Excl OI)
-16.67%
31.17%
-47.84%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 5.19% vs -40.77% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -456.25% vs -139.02% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
3.73
3.11
19.94%
Operating Profit (PBDIT) excl Other Income
-0.35
0.23
-252.17%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
-1.30
-0.16
-712.50%
Operating Profit Margin (Excl OI)
-9.38%
7.40%
-16.78%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 19.94% vs -22.83% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -712.50% vs 44.83% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
4.00
7.07
-43.42%
Operating Profit (PBDIT) excl Other Income
-0.81
-1.11
27.03%
Interest
0.31
0.13
138.46%
Exceptional Items
0.00
0.00
Standalone Net Profit
-1.87
-1.51
-23.84%
Operating Profit Margin (Excl OI)
-20.25%
-15.70%
-4.55%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -43.42% vs 104.34% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -23.84% vs -119.07% in Mar 2023

stock-summaryCompany CV
About Katare Spinning Mills Ltd stock-summary
stock-summary
Katare Spinning Mills Ltd
Micro Cap
Textile
Katare Spinning Mills Ltd was incorporated on August 8, 1980 at Solapur in Maharashtra. The Company manufactures textiles. It engaged in spinning and cotton blending operations and further offer cotton and synthetic yarn. It is engaged in manufacture of cotton yarn, solar power and is also into hospitality business. The Company was promoted by Tulsidas T Katare and his family members. It set up a spinning mill with an installed capacity of 25,088 spindles at Tamalwadi, Dist.
Company Coordinates stock-summary
Company Details
Kamala, 259 Sakhar Peth Solapur Maharashtra : 413005
stock-summary
Tel: 91-0217-2623981/2628581
stock-summary
katarespinningmills@gmail.com
Registrar Details
Link Intime India Pvt Ltd, Block No 202, 2nd Floor, Akshay Complex, Near Ganesh Temple, Off Dhole Patil Road , Pune