Why is Maris Spinners Ltd ?
1
High Debt company with Weak Long Term Fundamental Strength
- Poor long term growth as Operating profit has grown by an annual rate -59.28% of over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) of 2.84 times
- The company has been able to generate a Return on Equity (avg) of 7.25% signifying low profitability per unit of shareholders funds
2
Flat results in Mar 26
- DEBTORS TURNOVER RATIO(HY) Lowest at 13.59 times
- NON-OPERATING INCOME(Q) is 355.26 % of Profit Before Tax (PBT)
3
Underperformed the market in the last 1 year
- Even though the market (BSE500) generated negative returns of -1.52% in the last 1 year, its fall in the stock was much higher with a return of -16.70%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Maris Spinners for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Maris Spinners
-16.7%
-0.30
55.75%
Sensex
-7.92%
-0.61
13.09%
Quality key factors
Factor
Value
Sales Growth (5y)
9.16%
EBIT Growth (5y)
-59.28%
EBIT to Interest (avg)
0.81
Debt to EBITDA (avg)
5.50
Net Debt to Equity (avg)
3.44
Sales to Capital Employed (avg)
1.77
Tax Ratio
32.41%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
4.33%
ROE (avg)
7.25%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
23
Price to Book Value
1.37
EV to EBIT
88.50
EV to EBITDA
13.45
EV to Capital Employed
1.08
EV to Sales
0.53
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
0.18%
ROE (Latest)
-7.98%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
No Trend
No Trend
Technical Movement
7What is working for the Company
OPERATING PROFIT TO INTEREST(Q)
Highest at 1.21 times
DEBT-EQUITY RATIO(HY)
Lowest at 3.61 times
NET SALES(Q)
Highest at Rs 45.91 cr
PBDIT(Q)
Highest at Rs 2.50 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 5.45%
PBT LESS OI(Q)
Highest at Rs -0.97 cr.
-2What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 13.59 times
NON-OPERATING INCOME(Q)
is 355.26 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Maris Spinners
Operating Profit to Interest - Quarterly
Highest at 1.21 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales - Quarterly
Highest at Rs 45.91 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 2.50 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 5.45%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs -0.97 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Debt-Equity Ratio - Half Yearly
Lowest at 3.61 times
in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Here's what is not working for Maris Spinners
Non Operating Income - Quarterly
is 355.26 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Debtors Turnover Ratio- Half Yearly
Lowest at 13.59 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio






