Get 50% OFF This Monsoon!
CLC Industries
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
CLC Industries Limited (Formerly known as Spentex Industries Ltd), a RP Goenka Group of Company, was incorporated in Nov.'91. CLC Industries was promoted by CESCON and KEC International to set up a 100% EOU to manufacture combed cotton yarn at Baramati, Maharashtra. To part-finance the cost of this project, the company made a Rs 8.8-cr public issue in Nov.'93. The estimated cost of the project, as appraised by ICICI, was Rs 54.81 cr.
The company produces combed cotton yarn of 32s (hosiery), 40s and 40s (hosiery) count which is used in the manufacture of cloth and hosiery. The company exports its yarn to various countries in west Europe, south-east Asia, the US, west Asia and the Caribbean Islands. In 2000-01 the company added a new export market in Tunisia.
In 1996-97 the company installed Diesel Generating Set of 2.5 MW which enable the consistent power supply to the plant. SIL is now trying to penetrate export market in Bangladesh. Additional 3024 spindles were commissioned during 1999-2000. The company was accredited with ISO 140001 April,2002. The Company's networth was fully eroded and the same has been reported to BIFR. The company has established a new customer base in Europe-Portugal,Spain,Poland,Cyprus,Belgium etc.
During the year 2004-05, the Scheme of Arrangement in respect of acquisition of CLC Corporation by the Company and reduction of paid up capital of the Company by an extent of 50% was effective from April 01, 2004. Similarly, CLC Global Ltd. was merged into the Company and as a result, the business of CLC Global Ltd. were transferred to the Company with effect from April 01 2004. Through the Scheme of Amalgamation, the Company issued one equity share of Rs. 10/- each in proportion to one equity share to CLC Global Ltd. Resulting to this, the shares of the said Company got listed effective from 08.02.2006. The Sanand Unit, Ahmedabad acquired in December, 2005 commenced commercial production of cotton yarn with effect from May 02, 2006. Further, the Company acquired equity shares of Indo Rama Textiles Limited (IRTL) plant at Pithampur (Indore) and Butibori (Nagpur) thru' Share Purchase Agreement. It acquired 1,81,70,667 equity shares of Amit Spinning Industries Ltd; which concluded the transaction on 24 July, 2006. Indo Rama Textiles Ltd. (IRTL) was merged with the Company through the Scheme of Amalgamation effective from April 01, 2006. Thereafter, the Company's Ahemdabad unit, started commercial production in May, 2006.
CLC Industries 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 CLC Industries 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 CLC Industries is valued compared to its competitors.
CLC Industries PE ratio helps investors understand what is the market value of each stock compared to CLC Industries '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 CLC Industries 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 CLC Industries 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 CLC Industries 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 CLC Industries 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 CLC Industries 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 CLC Industries 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 CLC Industries helps investors get an insight into when they can enter or exit the stock. Key components of CLC Industries 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 CLC Industries 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 CLC Industries ’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 CLC Industries 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 CLC Industries 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 CLC Industries .
The balance sheet presents a snapshot of CLC Industries ’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.