Get 50% OFF This Monsoon!
Swadeshi Polytex
No Data Available
No Stocks
Unlock Smart Score
See Detailed Analysis & Insights
Unlock Insights
See Detailed Analysis & Insights
No Research Report
ROE
Avg ROE (3 Yrs) : NaN%
ROCE
Avg ROCE (3 Yrs) : NaN%
ROA
Avg ROA (3 Yrs) : NaN%
NPM
Avg NPM (3 Yrs) : NaN%
No Data Available
Unlock Management Data
See Detailed Analysis & Insights
Incorporated in Mar.'70, Swadeshi Polytex (SPL) was promoted by the Swadeshi Cotton Mills Company. It entered into a collaboration with Clickers Zimmer, Frankfurt, Germany, for the purchase of machinery and supply of technical know-how. The company manufactures polyester staple fibre. R Ramkrishna in the present chairman of the company.
The company has been stagnating since its inception. No expansion or diversification plans were implemented although a letter of intent was obtained in 1981 to raise the capacity from 6100 tpa to 12,200 tpa. When Rajaram Jaipuria acquired the control of the company in 1986, he decided to increase the capacity to the minimum economic viable size of 30,000 tpa, but actually it was increased first to 10,000 tpa in 1987-88 and then to 14,000 tpa by end of Mar.'89.
SPL is managed by the National Textile Corporation (NTC) which holds the largest stake in the company (33%). In Feb.'87, it staked its claim to the single largest block holding in the equity of SPL, following the nationalsation of Swadeshi Cotton Mills. The Calcutta-based Swarup group, with a 24% share, is the second-largest shareholder in the company.
For the second consecutive year during 1999-2000, there has been no operation and production in the company and the same stands suspended. Since the erosion of the networth of the company has been more than 50% of the peak networth, the company has filed Form C' with BIFR, pursuant to provisions of SICA.
Swadeshi Polytex share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.
Market capitalization of Swadeshi Polytex indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Swadeshi Polytex is valued compared to its competitors.
Swadeshi Polytex PE ratio helps investors understand what is the market value of each stock compared to Swadeshi Polytex 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.
The PEG ratio of Swadeshi Polytex evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.
Return on Equity (ROE) measures how effectively Swadeshi Polytex generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.
Return on Capital Employed (ROCE) evaluates the profitability of Swadeshi Polytex in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.
Total debt of Swadeshi Polytex shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.
The Debt-to-Equity (DE) ratio of Swadeshi Polytex compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.
CAGR shows the consistent growth rate of Swadeshi Polytex over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.
Technical analysis of Swadeshi Polytex helps investors get an insight into when they can enter or exit the stock. Key components of Swadeshi Polytex Technical Analysis include:
There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.
There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Swadeshi Polytex shares often struggle to rise above due to selling pressure.
Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Swadeshi Polytex ’s financial health and profitability.
Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.
Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.
The financials of Swadeshi Polytex provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.
The profit and loss statement of Swadeshi Polytex highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Swadeshi Polytex .
The balance sheet presents a snapshot of Swadeshi Polytex ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.
Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.
Download the App