RATING

RECOMMENDATION

Sell

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  • Available for Investment:

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RATING

RECOMMENDATION

Sell

Business Type

Traditional Business

RATING

RECOMMENDATION

Sell

Business Type

Traditional Business

  • Maharaja Shree Umaid Mills Growth

Get detailed information on Maharaja Shree Umaid Mills Peer Comparison before you will buy Maharaja Shree Umaid Mills Pre IPO. Read out  Planify latest research report and know everything about this company like revenue growth, Net profit growth, Book value Growth etc.

Maharaja Shree Umaid Mills Revenue Growth

Growth in %

  • -28.97%

    1 Year

  • -14.62%

    3 Year

  • -10.69%

    4 Year

The company's revenue declined to INR 286 Cr in FY21 from INR 402 Cr in FY20, this decline in the total revenue of the company is primarily due to negative impact of covid-19 on the business of the company. The Indian Economy also contracted by 7% during the FY21 and the Indian Apparel Market is estimated to be declined by 27%. The Quarter1 of FY21 was severely affected by nationwide lockdown, company's textile plant was shut till first week of June 2020. Though a recovery in Quarter2 with rise in exports and then domestic market also recovered in Quarter 3. 

Maharaja Shree Umaid Mills Net Profit Growth(PAT)

Growth in %

  • NA

    1 Year

  • NA

    3 Year

  • NA

    4 Year

Net Profit after tax of the company is increased to a profit of INR 2 Cr in FY21 from having a loss of INR 51 Cr in FY17, despite of having decrease in total revenue of the company primarily due to decrease in operating expenses for the company which is a result of better operational efficiency of the company also the company's business was revitalized in second half of FY21 and enabled the company to deliver a robust performance in Quarter 4 of the year.

Maharaja Shree Umaid Mills EPS Growth

Growth in %

  • NA

    1 Year

  • NA

    3 Year

  • NA

    4 Year

The company's EPS is constantly increasing over the last 5 years, it has increased from -19.3 in FY17 to 0.3 in FY21 primarily due to company's ability to increase its net profit and maintaining operational efficiency.

  • Maharaja Shree Umaid Mills Book Value Growth

Growth in %

  • -0.64%

    1 Year

  • 1.75%

    2 Year

  • 1.56%

    3 Year

The Company's Book Value has decreased significantly in FY18 as there was a decrease in reserve and surplus account of the company due to a negative bottom line reported by the company in FY18, company issued additional equity capital of INR 14 Cr in FY19 after that no additional equity is issued by the company.

Maharaja Shree Umaid Mills EBITDA Growth

Growth in %

  • 15.51%

    1 Year

  • 44.65%

    3 Year

  • NA

    4 Year

Quarter 1 of the FY21 was severely affected due to nationwide lockdown for outbreak of pandemic, Company’s textile plant was standstill till first week of June 2020. Textiles sector recovered gradually as export market started to recover in Quarter 2, and domestic market recovery started in Quarter 3. While the entire financial year performance was impacted given the onset of first wave of Covid, both demand and supply increased afterwards. Each month showed a sequential improvement with respect to capacity utilization. Overall, revitalization of business in second half of the FY21 enabled the company to deliver a robust performance in Quarter 4 of this financial year. Thus despite the reduction in topline of the Company during the year, overall EBITDA increased to INR 50 Cr from INR 43 Cr in FY20.

Maharaja Shree Umaid Mills Operating Profit Growth

Growth in %

  • 36.51%

    1 Year

  • 9.86%

    2 Year

  • NA

    4 Year

Maharaja Shree Umaid Mills Asset Growth

Growth in %

  • -1.01%

    1 Year

  • -0.98%

    3 Year

  • -1.32%

    4 Year

The company's assets are constant over the years but we can see a small change in FY20 and FY21 primarily due to decrease in Property, Plant and Equipment account of the company, this decrease is because of increase in accumulated depreciation on company's Plant and Equipment

Maharaja Shree Umaid Mills Cash Flow from Operations

Growth in %

  • -41.61%

    1 Year

  • 23.43%

    3 Year

  • NA

    4 Year

The cash flow from operations of the company has increased primarily because of operational efficiency achieved by the company by reducing its expenses and improving the net income margins 

  • Maharaja Shree Umaid Mills Solvency Ratios

Maharaja Shree Umaid Mills D/E Ratio

A marginal decline in debt to equity ratio of the company in FY19 is due to payment of long term debt amounting to INR 745 Cr. that was due in FY20. After that in FY20 and FY21 the Debt to Equity ratio for the company is slightly increasing because of increase in company's Inter corporates deposits from related parties. A debt to equity ratio of 0.72x indicates that the company has moderate or very low risk of debt.

Maharaja Shree Umaid Mills Current Ratio

The increase in the current ratio and quick ratio is primarily because of the decrease in current financial liabilities of the company. During the year, the company paid off long term debt that was due in FY20. The company’s current ratio and quick ratio are in line with the industry trends of 1.2.

Maharaja Shree Umaid Mills Quick Ratio

Maharaja Shree Umaid Mills Interest Coverage Ratio

The interest coverage ratio of the company has slightly increased in FY21 when compared to FY20. A ratio of 1.07x indicates poor long term solvency for the company and a higher risk of debt but as we can see that this ratio is increasing over the time, indicating that the company is now focusing on improving its solvency.

  • Maharaja Shree Umaid Mills Operating Efficiency

The company shows increase in EBIT and EBITDA margins which is primarily due to strategic and operational decision taken by the management to discontinue non-profitable products in the spinning division. Company’s financial performance has been improving consistently on a year-on-year basis. Along with focus on producing and increasing market share in the valued-added products in the yarn segment.

Maharaja Shree Umaid Mills Operating Profit EBIT Margin(OPM)

The Operating Profit Margin of the company have increased to 11.42% in FY21 from 5.92% in FY20. This increase in margins of the company is primarily because of a strategic decision made by the company to close non-profitable production process and optimize the manpower engaged in that segment in different area of the business which resulted in substantial increase in margins and fixed costs savings as the business volumes also returned to normal levels towards the second half of FY21.

Maharaja Shree Umaid Mills Profit Before Tax Margin (PBT Margin)

Maharaja Shree Umaid Mills Profit After Tax Margin (PAT Margin)


  • Maharaja Shree Umaid Mills Profitablity Ratio

Maharaja Shree Umaid Mills Return on Equity(RoE)

Maharaja Shree Umaid Mills Return on Capital Employed(RoCE)

During the FY21, the Company has taken several strategic decisions to improve its operational and financial performance. Company continues to build its competence to enhance the product basket in its profitable Poplin segment and concentrate on producing and increasing market share in the valued-added products in the yarn segment and hence we are able to see good Returns on Capital Employed of the company.

Maharaja Shree Umaid Mills Return to Assets (RoA)

One of the key reason for low ROA of the company was increased Power Cost, which is on account of high Power Tariff in the state of Rajasthan. Management has reviewed the power situation and has accordingly decided to install 4 MW Solar Power Plant at the mill complex for captive consumption In FY19 the company has installed 5.18 MW Solar Power Plant with in its plant area at Pali for captive consumption of power. This Solar Power plant has helped reduce the Power Cost to a great extent as a result of which Return on Assets for the company improved slightly in FY21.

  • Maharaja Shree Umaid Mills Valuation Ratios

Maharaja Shree Umaid Mills Earning Yield