Market Cap ₹452 Cr.
Stock P/E -106.1
P/B 1.1
Current Price ₹376.8
Book Value ₹ 342
Face Value 10
52W High ₹417
Dividend Yield 0%
52W Low ₹ 148.5
Precot Ltd, previously Precot Meridian Ltd, is a manufacturer, dealer and exporters of cotton product. The Company gives quite a number of cotton merchandise which can be used for cosmetic, private hygiene and medical use. The Company gives products, including health and hygiene care, and yarns and threads. The health and hygiene care product line consist of cotton pads, cotton balls, exfoliating pads, cotton wool rolls, cotton spunlace rolls and absorbent cotton fibre. Its yarns and threads product consist of doubled yarns, gassed yarns, polyester cotton blended yarn and polyester stitching thread. The Company gives yarns and threads crafted from natural and normal cotton as well as polyester cotton mixture. Its brand consists of Prima Donna and Prima Baby. The Company has manufacturing units in Tamil Nadu, Kerala, Andhra Pradesh and Karnataka with a complete spinning ability of about 175,000 spindles. Its spinning commercial enterprise includes spinning, winding, gassing, dyeing and open-end (OE) spinning.
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| #(Fig in Cr.) | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 253 | 282 | 285 | 253 | 235 | 227 | 238 | 224 | 266 | 228 |
| Other Income | 2 | 1 | 2 | 1 | 1 | 1 | 4 | 2 | 1 | 2 |
| Total Income | 255 | 282 | 287 | 255 | 236 | 228 | 242 | 227 | 268 | 230 |
| Total Expenditure | 198 | 225 | 242 | 218 | 222 | 248 | 238 | 217 | 250 | 210 |
| Operating Profit | 57 | 57 | 45 | 37 | 14 | -19 | 4 | 10 | 18 | 20 |
| Interest | 8 | 5 | 8 | 10 | 9 | 9 | 8 | 10 | 12 | 8 |
| Depreciation | 8 | 8 | 8 | 8 | 8 | 9 | 8 | 7 | 5 | 5 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 | 0 |
| Profit Before Tax | 41 | 44 | 29 | 19 | -4 | -37 | -13 | -7 | -1 | 7 |
| Provision for Tax | 10 | 10 | 5 | 5 | -1 | -9 | -4 | -4 | 0 | -2 |
| Profit After Tax | 31 | 34 | 24 | 14 | -3 | -28 | -9 | -3 | -1 | 9 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 31 | 34 | 24 | 14 | -3 | -28 | -9 | -3 | -1 | 9 |
| Adjusted Earnings Per Share | 25.8 | 28.5 | 20.2 | 11.6 | -2.6 | -23.3 | -7.4 | -2.6 | -0.9 | 7.3 |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 669 | 738 | 747 | 684 | 679 | 709 | 790 | 726 | 665 | 993 | 954 | 956 |
| Other Income | 6 | 4 | 2 | 11 | 25 | 5 | 6 | 11 | 6 | 6 | 7 | 9 |
| Total Income | 674 | 742 | 749 | 695 | 705 | 715 | 796 | 737 | 671 | 1000 | 961 | 967 |
| Total Expenditure | 592 | 656 | 725 | 654 | 650 | 687 | 731 | 677 | 571 | 803 | 924 | 915 |
| Operating Profit | 83 | 86 | 24 | 41 | 54 | 27 | 65 | 60 | 100 | 197 | 37 | 52 |
| Interest | 27 | 33 | 35 | 39 | 44 | 42 | 42 | 40 | 34 | 30 | 38 | 38 |
| Depreciation | 30 | 39 | 37 | 38 | 34 | 33 | 31 | 33 | 33 | 33 | 33 | 25 |
| Exceptional Income / Expenses | 6 | 7 | 15 | -19 | 0 | 41 | 0 | 0 | 0 | 0 | 0 | -2 |
| Profit Before Tax | 31 | 21 | -32 | -56 | -24 | -6 | -8 | -13 | 33 | 134 | -35 | -14 |
| Provision for Tax | 12 | -10 | 0 | 0 | 0 | 0 | 0 | 4 | 0 | 28 | -9 | -10 |
| Profit After Tax | 19 | 30 | -33 | -56 | -24 | -6 | -8 | -17 | 33 | 105 | -26 | -4 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 19 | 30 | -33 | -56 | -24 | -6 | -8 | -17 | 33 | 105 | -26 | -4 |
| Adjusted Earnings Per Share | 15.6 | 25.4 | -27.2 | -46.3 | -19.7 | -4.8 | -6.9 | -13.8 | 27.5 | 87.8 | -21.7 | -3.6 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -4% | 10% | 6% | 4% |
| Operating Profit CAGR | -81% | -15% | 7% | -8% |
| PAT CAGR | -125% | 0% | 0% | NAN% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 104% | 36% | 58% | 17% |
| ROE Average | -6% | 10% | 5% | -3% |
| ROCE Average | 0% | 11% | 8% | 6% |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 138 | 160 | 134 | 78 | 349 | 343 | 336 | 310 | 342 | 444 | 406 |
| Minority's Interest | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 225 | 195 | 182 | 159 | 141 | 178 | 147 | 123 | 105 | 82 | 145 |
| Other Non-Current Liabilities | 12 | 18 | 2 | 6 | 8 | 30 | 29 | 28 | 24 | 28 | 17 |
| Total Current Liabilities | 271 | 321 | 254 | 304 | 313 | 273 | 276 | 271 | 288 | 379 | 333 |
| Total Liabilities | 647 | 694 | 573 | 547 | 811 | 824 | 787 | 732 | 758 | 933 | 901 |
| Fixed Assets | 209 | 364 | 336 | 314 | 557 | 533 | 512 | 470 | 444 | 433 | 447 |
| Other Non-Current Assets | 203 | 52 | 48 | 42 | 40 | 34 | 36 | 22 | 28 | 62 | 44 |
| Total Current Assets | 235 | 278 | 189 | 191 | 214 | 256 | 240 | 240 | 286 | 438 | 409 |
| Total Assets | 647 | 694 | 573 | 547 | 811 | 824 | 787 | 732 | 758 | 933 | 901 |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 8 | 11 | 5 | 3 | 1 | -2 | 2 | 0 | 0 | 9 | 11 |
| Cash Flow from Operating Activities | 29 | 35 | 91 | 29 | 20 | 11 | 75 | 61 | 26 | 56 | 49 |
| Cash Flow from Investing Activities | -145 | -19 | 11 | -6 | 69 | 10 | -8 | 21 | -8 | -55 | -30 |
| Cash Flow from Financing Activities | 119 | -22 | -104 | -23 | -87 | -17 | -68 | -82 | -17 | 1 | -23 |
| Net Cash Inflow / Outflow | 3 | -7 | -2 | -0 | 2 | 4 | -1 | 0 | 1 | 2 | -4 |
| Closing Cash & Cash Equivalent | 11 | 5 | 3 | 2 | 3 | 2 | 1 | 0 | 1 | 1 | 1 |
| # | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 15.6 | 25.37 | -27.2 | -46.27 | -19.69 | -4.81 | -6.89 | -13.77 | 27.46 | 87.85 | -21.69 |
| CEPS(Rs) | 40.85 | 58.24 | 3.56 | -14.6 | 8.81 | 22.33 | 19.25 | 13.51 | 55.1 | 114.95 | 6.15 |
| DPS(Rs) | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 0 |
| Book NAV/Share(Rs) | 114.98 | 133.11 | 111.45 | 65.19 | 290.69 | 286.24 | 279.72 | 258.47 | 284.68 | 370.1 | 338.09 |
| Core EBITDA Margin(%) | 11.52 | 11.08 | 2.93 | 4.39 | 4.29 | 3.09 | 7.42 | 6.79 | 14.15 | 19.14 | 3.11 |
| EBIT Margin(%) | 8.69 | 7.3 | 0.29 | -2.41 | 2.97 | 5.12 | 4.25 | 3.76 | 10.02 | 16.52 | 0.36 |
| Pre Tax Margin(%) | 4.64 | 2.78 | -4.34 | -8.12 | -3.48 | -0.81 | -1.05 | -1.78 | 4.95 | 13.47 | -3.62 |
| PAT Margin (%) | 2.79 | 4.12 | -4.37 | -8.12 | -3.48 | -0.81 | -1.05 | -2.28 | 4.95 | 10.61 | -2.73 |
| Cash Profit Margin (%) | 7.33 | 9.47 | 0.57 | -2.56 | 1.56 | 3.78 | 2.92 | 2.23 | 9.94 | 13.89 | 0.77 |
| ROA(%) | 3.35 | 4.54 | -5.15 | -9.92 | -3.48 | -0.71 | -1.03 | -2.18 | 4.42 | 12.47 | -2.84 |
| ROE(%) | 14.67 | 20.45 | -22.24 | -52.39 | -11.06 | -1.67 | -2.44 | -5.12 | 10.11 | 26.83 | -6.12 |
| ROCE(%) | 11.71 | 9.1 | 0.38 | -3.31 | 3.43 | 5.1 | 4.75 | 4.17 | 10.36 | 22.32 | 0.44 |
| Receivable days | 20.21 | 21.19 | 20.55 | 23.33 | 25.73 | 31.64 | 35.51 | 42.5 | 52.51 | 44.47 | 49.49 |
| Inventory Days | 77.04 | 82.87 | 69.42 | 60.33 | 74.19 | 77.86 | 66.42 | 64.61 | 70.11 | 68.46 | 92.5 |
| Payable days | 21.78 | 15.47 | 15.18 | 17.82 | 18.97 | 23.9 | 25.14 | 31.56 | 38.12 | 25.31 | 29.66 |
| PER(x) | 3.79 | 2.62 | 0 | 0 | 0 | 0 | 0 | 0 | 3.94 | 3.6 | 0 |
| Price/Book(x) | 0.51 | 0.5 | 0.49 | 0.65 | 0.3 | 0.2 | 0.16 | 0.08 | 0.38 | 0.85 | 0.54 |
| Dividend Yield(%) | 1.13 | 3.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.9 | 0 |
| EV/Net Sales(x) | 0.75 | 0.71 | 0.6 | 0.65 | 0.66 | 0.62 | 0.51 | 0.45 | 0.67 | 0.73 | 0.62 |
| EV/Core EBITDA(x) | 6.03 | 6.08 | 18.32 | 10.91 | 8.29 | 16.13 | 6.15 | 5.43 | 4.48 | 3.7 | 15.99 |
| Net Sales Growth(%) | 10.87 | 10.37 | 1.19 | -8.47 | -0.64 | 4.39 | 11.42 | -8.1 | -8.4 | 49.33 | -3.97 |
| EBIT Growth(%) | 223.7 | -7.21 | -96 | -862.61 | 222.75 | 79.69 | -7.55 | -18.62 | 144.14 | 146.17 | -97.89 |
| PAT Growth(%) | 132.89 | 62.82 | -207.24 | -70.1 | 57.45 | 75.59 | -43.38 | -99.79 | 299.42 | 219.96 | -124.68 |
| EPS Growth(%) | 130.76 | 62.64 | -207.21 | -70.1 | 57.45 | 75.59 | -43.38 | -99.79 | 299.42 | 219.96 | -124.68 |
| Debt/Equity(x) | 3.18 | 2.81 | 2.87 | 5.1 | 1.01 | 1.11 | 1.06 | 0.99 | 0.96 | 0.81 | 0.93 |
| Current Ratio(x) | 0.87 | 0.87 | 0.74 | 0.63 | 0.68 | 0.94 | 0.87 | 0.88 | 0.99 | 1.16 | 1.23 |
| Quick Ratio(x) | 0.32 | 0.28 | 0.36 | 0.21 | 0.21 | 0.37 | 0.39 | 0.43 | 0.54 | 0.52 | 0.5 |
| Interest Cover(x) | 2.15 | 1.61 | 0.06 | -0.42 | 0.46 | 0.86 | 0.8 | 0.68 | 1.98 | 5.41 | 0.09 |
| Total Debt/Mcap(x) | 6.19 | 5.62 | 5.84 | 7.83 | 3.4 | 5.4 | 6.71 | 11.97 | 2.52 | 0.94 | 1.73 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 61.51 | 61.51 | 61.51 | 61.51 | 61.51 | 61.51 | 61.51 | 61.51 | 61.51 | 61.51 |
| FII | 0.11 | 0.07 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.27 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 38.38 | 38.42 | 38.49 | 38.49 | 38.49 | 38.49 | 38.49 | 38.49 | 38.49 | 38.23 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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