Financials Axita Cotton Limited

Equities

AXITA

INE02EZ01022

Textiles & Leather Goods

Market Closed - Bombay S.E. 08:11:19 18/05/2024 BST 5-day change 1st Jan Change
22.14 INR -0.27% Intraday chart for Axita Cotton Limited +0.59% -14.15%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023
Capitalization 1 532 720.7 533.3 2,843 11,169
Enterprise Value (EV) 1 680.5 835.4 574.1 2,808 11,139
P/E ratio 71.7 x 204 x 14.3 x 19.6 x 65.6 x
Yield - - - 0.35% -
Capitalization / Revenue 0.25 x 0.15 x 0.09 x 0.35 x 2.02 x
EV / Revenue 0.32 x 0.17 x 0.09 x 0.34 x 2.02 x
EV / EBITDA 39.4 x 21.2 x 6.32 x 13.8 x 51.2 x
EV / FCF -5.39 x - 8.47 x 61.5 x 483 x
FCF Yield -18.6% - 11.8% 1.63% 0.21%
Price to Book 2.99 x 3.98 x 2.44 x 7.79 x 21.3 x
Nbr of stocks (in thousands) 262,080 262,080 262,080 262,080 262,080
Reference price 2 2.030 2.750 2.035 10.85 42.62
Announcement Date 05/09/19 02/09/20 06/09/21 03/09/22 06/09/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 1,235 2,118 4,844 6,188 8,228 5,526
EBITDA 1 33.49 17.25 39.37 90.88 204.2 217.4
EBIT 1 28.94 11.6 34.08 86.46 199.2 212.3
Operating Margin 2.34% 0.55% 0.7% 1.4% 2.42% 3.84%
Earnings before Tax (EBT) 1 10.92 6.904 5.377 54.4 194.5 228.6
Net income 1 8.213 4.614 3.532 37.34 145.4 170.4
Net margin 0.67% 0.22% 0.07% 0.6% 1.77% 3.08%
EPS 2 0.0821 0.0283 0.0135 0.1425 0.5547 0.6500
Free Cash Flow 1 -19.92 -126.3 - 67.8 45.68 23.07
FCF margin -1.61% -5.96% - 1.1% 0.56% 0.42%
FCF Conversion (EBITDA) - - - 74.6% 22.38% 10.61%
FCF Conversion (Net income) - - - 181.59% 31.42% 13.54%
Dividend per Share - - - - 0.0375 -
Announcement Date 22/11/18 05/09/19 02/09/20 06/09/21 03/09/22 06/09/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 167 148 115 40.8 - -
Net Cash position 1 - - - - 35.4 30
Leverage (Debt/EBITDA) 4.985 x 8.604 x 2.913 x 0.4488 x - -
Free Cash Flow 1 -19.9 -126 - 67.8 45.7 23.1
ROE (net income / shareholders' equity) 29% 4.27% 1.97% 18.7% 49.9% 38.4%
ROA (Net income/ Total Assets) 9.09% 2.38% 4.15% 6.3% 11.5% 14%
Assets 1 90.35 193.9 85.07 592.6 1,263 1,217
Book Value Per Share 2 0.3200 0.6800 0.6900 0.8300 1.390 2.000
Cash Flow per Share 2 0.0300 0.0200 0.1200 0.3800 0.1400 0.3100
Capex 1 3.02 1.89 - 2.48 4.84 7.61
Capex / Sales 0.24% 0.09% - 0.04% 0.06% 0.14%
Announcement Date 22/11/18 05/09/19 02/09/20 06/09/21 03/09/22 06/09/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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