Investment Ratings
As per analysts rating in the last 6 months, the recommendation is to HOLD Amarjothi Spg.
-
Master Rating:
-
Amarjothi Spng.Mls. has an operating revenue of Rs. 245.44 Cr. on a trailing 12-month basis. An annual revenue growth of 6% is not great, Pre-tax margin of 8% is okay, ROE of 10% is good. The company has a reasonable debt to equity of 32%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 10% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 78 which is a FAIR score but needs to improve its earnings, a RS Rating of 60 which is FAIR indicating the recent price performance, Buyer Demand at C which is evident from recent supply seen, Group Rank of 23 indicates it belongs to a strong industry group of Apparel-Clothing Mfg and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Amarjothi Spinning Mills Ltd Forecast
Price Estimates
Eps And Sales Estimates
Amarjothi Spinning Mills Ltd Synopsis
BSE-Apparel-Clothing Mfg
Amarjothi Spg.Mi is involved in the business activities of Preparation and spinning of cotton fiber including blended* cotton. Company’s Total Operating Revenue is Rs. 167.31 Cr. and Equity Capital is Rs. 6.75 Cr. for the Year ended 31/03/2021. Amarjothi Spinning Mills Ltd. is a Public Limited Listed company incorporated on 16/12/1987 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L17111TZ1987PLC002090 and registration number is 002090.-
Market Cap
INR 103.98 Cr
-
Sales
INR 243.69 Cr
-
Shares in Float
0.30 Cr
-
No of Funds
1 K
-
Yield
1.36%
-
Book Value
0.71
-
U/D Vol Ratio
0.4
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LTDebt/Equity
23%
-
Alpha
0.14
-
Beta
1.37
| Owner Name | Jun-21 | Mar-21 | Dec-20 |
|---|---|---|---|
| Promoters | 55.24% | 55.24% | 55.18% |
| Financial Institutions/ Banks | 0% | 0% | 0% |
| Individual Investors | 36.71% | 37.08% | 37.69% |
| Others | 8.05% | 7.68% | 7.13% |
| Name | Designation |
|---|---|
| Mr. R Premchander | Managing Director |
| Mr. R Jaichander | Joint Managing Director |
| Dr. V Subramaniam | Director |
| Mr. N Radhakrishnan | Director |
| Mr. V T Subramanian | Director |
| Mr. M Moorthi | Director |
| Mr. M S Sivakumar | Director |
| Mrs. M Amutha | Director |
Amarjothi Spinning Mills Ltd Financials
- Quarterly P&L
- Annual P&L
- Cash Flow
- Balance Sheet
- Ratios
| INDICATOR | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 73.8069 | 61.2084 | 67.4494 | 41.2288 | 36.321 |
| Operating Expenses Qtr Cr | 64.0033 | 52.9303 | 60.4926 | 32.3879 | 30.254 |
| Operating Profit Qtr Cr | 9.8036 | 8.2781 | 6.9568 | 8.8409 | 6.067 |
| Depreciation Qtr Cr | 2.5976 | 3.0754 | 3.0363 | 3.3466 | 3.776 |
| Interest Qtr Cr | 1.1291 | 0.9694 | 1.5399 | 0.8185 | 1.765 |
| Tax Qtr Cr | 1.1468 | 0.8102 | 0.5437 | 0.8929 | 1.486 |
| Net Profit Qtr Cr | 5.3596 | 3.7865 | 2.5402 | 4.2176 | 5.832 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total Revenue Annual Cr | 174.878 | 185.2126 | 219.8035 | 193.823 | 221.2918 |
| Operating Expenses Annual Cr | 138.8377 | 147.8258 | 171.1686 | 155.9156 | 174.0374 |
| Operating Profit Annual in Cr | 28.4703 | 34.7036 | 41.0274 | 33.5359 | 42.7829 |
| Depreciation Cr | 13.9925 | 15.5436 | 15.4252 | 13.2871 | 13.8373 |
| Interest Annual Cr | 5.5944 | 6.8449 | 12.8449 | 11.6462 | 12.2315 |
| Tax Annual Cr | 0.1392 | 4.6721 | 5.9516 | 1.0475 | 7.4005 |
| Net Profit Annual Cr | 16.3142 | 10.3262 | 14.4132 | 11.9266 | 13.7851 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Cash from Operating Activity Annual Cr | 36.6897 | 42.6992 | 62.8841 | 18.2205 | 14.4278 |
| Cash from Investing Activity Annual Cr | -42.9657 | -12.3755 | -3.0405 | -51.0955 | 6.5337 |
| Cash from Financing Annual Activity Cr | 7.1617 | -30.9211 | -59.4893 | 32.7349 | -21.7751 |
| Net Cash Flow Annual Cr | 0.8857 | -0.5974 | 0.3543 | -0.1401 | -0.8136 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total ShareHolders Funds Annual Cr | 146.3395 | 131.3753 | 122.4529 | 109.8336 | 99.8356 |
| Fixed Assets Annual Cr | 124.4614 | 109.1733 | 113.1326 | 128.2943 | 88.7786 |
| Total Non Current Assets Annual Cr | 141.8155 | 112.8424 | 116.2773 | 133.8177 | 96.0201 |
| Total Current Assets Annual Cr | 95.6383 | 105.8792 | 111.3264 | 117.0816 | 106.9721 |
| Total Assets Annual Cr | 237.4538 | 218.7216 | 227.6037 | 250.8993 | 202.9922 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Book Value Per Share Annual Rs | 216.799 | 194.63 | 181.411 | 162.716 | 147.904 |
| ROE Annual % | 11.14 | 7.86 | 11.77 | 10.85 | 13.8 |
| ROCE Annual % | 11.38 | 11.66 | 16.54 | 10.73 | 19.01 |
| Total Debt to Total Equity Annual | - | - | - | - | - |
| EBDIT Annual Margin % | 21.54 | 20.48 | 22.91 | 20 | 21.79 |
Amarjothi Spinning Mills Ltd Technicals
EMA & SMA
CURRENT PRICE
154.05 
(-3.23)
-
- Bullish Moving Averages 2
- Bearish Moving Averages 14
EMA
-
20 Day
164.07
-
50 Day
165.44
-
100 Day
160.88
-
200 Day
144.27
Amarjothi Spinning Mills Ltd Resistance and support
160.44 PIVOT
-
First Resistance
162.52
-
Second Resistance
165.84
-
Third Resistance
167.92
-
First Support
157.12
-
Second Support
155.04
-
Third Support
151.72
-
RSI
35.22
-
MFI
33.56
-
MACD
-2.06
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MACD signal line
-0.72
Amarjothi Spinning Mills Ltd Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 9,424 | 737,711 | 78.28% |
| Week | 5,916 | 452,248 | 76.45% |
| 1 Month | 11,637 | 940,593 | 80.83% |
| 6 Month | 30,453 | 2,108,883 | 69.25% |
Amarjothi Spinning Mills Ltd Price change analysis
-14
Over 1 month
Low High 153 179
-12.95
Over 3 month
Low High 153 187.6
14.9
Over 6 months
Low High 130.05 223
84.2
Over Year
Low High 70.9 223Similar Stocks
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News
Amarjothi Spinning Mills Ltd - 521097 - Related Party Transa
In Compliance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) (Amendments) Regulations, 2018, please fin Read More
Amarjothi Spinning Mills Ltd - 521097 - Announcement under R
Pursuant to the Regulation 30 & 47 of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 ("the Regulations"), please f Read More
Amarjothi Spin Consolidated September 2021 Net Sales at Rs 7
NULL Read More
AMARJOTHI SPINNING MILLS LTD. - 521097 - Unaudited Financial
As per Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015, the Unaudited Financial Results for the qua Read More
AMARJOTHI SPINNING MILLS LTD. - 521097 - Board Meeting Outco
As required under regulations 30 and 33(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we would like to info Read MoreBlogs