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Salona Cotspin

  • Market Cap: Micro Cap
  • Industry: Textile
  • ISIN: INE498E01010
  • NSEID: SALONA
  • BSEID: 590056
INR
238.00
5 (2.15%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 666

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

238.00238.00

52 Week

218.50349.80
Valuation
Technical
Day's Volume

CASH

666 (253.88%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

67.09%

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

Low ability to service debt as the company has a high Debt to EBITDA ratio of 4.33 times

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 4.33 times
2

Negative results in Dec 24

3

Stock is technically in a Bearish range

4

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 125 Cr (Micro Cap)

stock-summary
P/E

18.00

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.43%

stock-summary
Debt Equity

2.63

stock-summary
Return on Equity

8.24%

stock-summary
Price to Book

1.46

Revenue and Profits (1 Year):
Net Sales:
158 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.43%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-18.49%
0%
-18.49%
1 Year
-22.85%
0.34%
-22.51%
2 Years
3.32%
0.38%
3.7%
3 Years
-20.8%
0.43%
-20.37%
4 Years
174.19%
1.81%
176.0%
5 Years
512.61%
4.87%
517.48%

Latest dividend: 1 per share ex-dividend date: Sep-13-2024

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)
43.61%
EBIT Growth (5y)
33.87%
EBIT to Interest (avg)
3.51
Debt to EBITDA (avg)
4.54
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.08
Tax Ratio
17.18%
Dividend Payout Ratio
8.70%
Pledged Shares
0.70%
Institutional Holding
0
ROCE (avg)
11.12%
ROE (avg)
22.37%
Valuation key factors
Factor
Value
P/E Ratio
18
Industry P/E
18
Price to Book Value
1.46
EV to EBIT
14.04
EV to EBITDA
10.54
EV to Capital Employed
1.13
EV to Sales
0.51
PEG Ratio
NA
Dividend Yield
0.43%
ROCE (Latest)
7.73%
ROE (Latest)
8.24%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bullish
No Trend
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

Promoters

Pledged Promoter Holdings

0.6967

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Krishna Agarwal . (8.47%)

Highest Public shareholder

Pansari Textiles & Investments Private Limited (3.8%)

Individual Investors Holdings

20.52%

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 -4.68% vs -12.60% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -27.85% vs -3.52% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "158.29",
          "val2": "166.06",
          "chgp": "-4.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "9.32",
          "val2": "8.22",
          "chgp": "13.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "5.77",
          "val2": "3.64",
          "chgp": "58.52%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.58",
          "val2": "2.19",
          "chgp": "-27.85%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.89%",
          "val2": "4.95%",
          "chgp": "0.94%",
          "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 1.90% vs 41.05% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 18.25% vs -67.99% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "356.08",
          "val2": "349.44",
          "chgp": "1.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "16.67",
          "val2": "16.62",
          "chgp": "0.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "7.96",
          "val2": "6.97",
          "chgp": "14.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "4.47",
          "val2": "3.78",
          "chgp": "18.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.68%",
          "val2": "4.76%",
          "chgp": "-0.08%",
          "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 -7.46% vs 63.52% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 15.90% vs -63.83% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "514.37",
          "val2": "555.86",
          "chgp": "-7.46%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "25.99",
          "val2": "23.53",
          "chgp": "10.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "13.73",
          "val2": "12.50",
          "chgp": "9.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "6.05",
          "val2": "5.22",
          "chgp": "15.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.05%",
          "val2": "4.23%",
          "chgp": "0.82%",
          "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 48.34% vs 111.58% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -65.11% vs 183.39% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "722.26",
          "val2": "486.91",
          "chgp": "48.34%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "30.23",
          "val2": "34.84",
          "chgp": "-13.23%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "15.21",
          "val2": "9.40",
          "chgp": "61.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "6.13",
          "val2": "17.57",
          "chgp": "-65.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.19%",
          "val2": "7.16%",
          "chgp": "-2.97%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
158.29
166.06
-4.68%
Operating Profit (PBDIT) excl Other Income
9.32
8.22
13.38%
Interest
5.77
3.64
58.52%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.58
2.19
-27.85%
Operating Profit Margin (Excl OI)
5.89%
4.95%
0.94%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -4.68% vs -12.60% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -27.85% vs -3.52% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
356.08
349.44
1.90%
Operating Profit (PBDIT) excl Other Income
16.67
16.62
0.30%
Interest
7.96
6.97
14.20%
Exceptional Items
0.00
0.00
Standalone Net Profit
4.47
3.78
18.25%
Operating Profit Margin (Excl OI)
4.68%
4.76%
-0.08%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 1.90% vs 41.05% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 18.25% vs -67.99% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
514.37
555.86
-7.46%
Operating Profit (PBDIT) excl Other Income
25.99
23.53
10.45%
Interest
13.73
12.50
9.84%
Exceptional Items
0.00
0.00
Standalone Net Profit
6.05
5.22
15.90%
Operating Profit Margin (Excl OI)
5.05%
4.23%
0.82%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -7.46% vs 63.52% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 15.90% vs -63.83% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
722.26
486.91
48.34%
Operating Profit (PBDIT) excl Other Income
30.23
34.84
-13.23%
Interest
15.21
9.40
61.81%
Exceptional Items
0.00
0.00
Standalone Net Profit
6.13
17.57
-65.11%
Operating Profit Margin (Excl OI)
4.19%
7.16%
-2.97%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 48.34% vs 111.58% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -65.11% vs 183.39% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Salona Cotspin Ltd. stock-summary
stock-summary
Salona Cotspin Ltd.
Micro Cap
Textile
Salona Cotspin Limited, incorporated in 1994, is a manufacturer and exporter of cotton yarn and knitted fabrics. The Company operates through cotton textile segment. Its products cater to the needs of hosiery/knitted, garment industries. The Company's manufacturing plant is located at Pungampalli Village, Erode District. In 2010, the Company installed three more wind electricity generators to the total capacity of 2.20 MWs.
Company Coordinates stock-summary
Company Details
74/12 & 75/3 Sathy Main Road, Pungampalli Valipalayam PO Erode Tamil Nadu : 638402
stock-summary
Tel: 91-04295-268381/82
stock-summary
http://www.salonagroup.com
stock-summary
info@salonagroup.com
Registrar Details
SKDC Consultants Ltd , Kanapathy Towers, 3rd Floor, Ganapathy, Coimbatore
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