Salona Cotspin

SALONA03 May 2024

Textiles

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+18.90 (+6.37%)

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Salona Cotspin

Textiles

SALONA03 May 2024

₹

+18.90 (+6.37%)

OverviewFundamentals

Corporate action

Peer comparison

Income Sheet

Balance sheet

Cash flow

Share holding

About Us

Corporate Action

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

All

Dividends

Bonus

Splits

Others

Ex-Date	Type	Description	Record Date
28-Jun-2021	D	Salona Cotspin Limited has informed the Exchange that Board of Directors at its meeting held on Jun 28, 2021, recommended Final Dividend of 1 per equity share.	08-Sep-2021
28-May-2019	D	Salona Cotspin Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2019, inter alia, have recommended dividend of 6% (Rs. 0.60/- equity shares) subject to approval of the members.	04-Sep-2019
16-May-2017	D	Salona Cotspin Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2017, inter alia, have declared dividend @ Rs. 0.60 per share for the financial year 2016-2017.	19-Sep-2017
30-May-2016	D	Salona Cotspin Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 27, 2016 have declared dividend @ Rs. 0.75 per share for the financial year 2015-2016.	08-Sep-2016
26-May-2014	D	Salona Cotspin Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 26, 2014, inter alia, have recommended Dividend of Rs. 1.20 per share for the financial year ended March 31, 2014, subject to the approval of the Share Holders in Annual General Meeting.	19-Sep-2014
30-May-2011	D	Salona Cotspin Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2011, inter alia, has recommended Dividend of Rs.1.00 per share for the financial year ended March 31, 2011.	02-Sep-2011
30-May-2010	D	Salona Cotspin Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2010, has recommended a Dividend of Rs. 1.00 per share for the financial year ended March 31, 2010.	08-Sep-2010
14-Jun-2007	D	10% Dividend	18-Sep-2007
03-Feb-2024	BC	SALONA COTSPIN LIMITED has informed the Exchange about Board Meeting to be held on 12-Feb-2024 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ende	12-Feb-2024
02-Nov-2023	BC	SALONA COTSPIN LIMITED has informed the Exchange about Board Meeting to be held on 09-Nov-2023 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly en	09-Nov-2023
04-Sep-2023	BC	Salona Cotspin Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 2023 Salona Cotspin Limited has informed the Exchange about Copy of Newspape	25-Sep-2023
04-Sep-2023	BC	Salona Cotspin Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 2023	19-Sep-2023
01-Aug-2023	BC	SALONA COTSPIN LIMITED has informed the Exchange about Board Meeting to be held on 11-Aug-2023 to consider and approve the Quarterly Unaudited Financial results of the Company for the period ended Ju	11-Aug-2023

Announcement Date28-Jun-2021

Ex Dividend Date08-Sep-2021

Dividend(%)10

Announcement Date28-May-2019

Ex Dividend Date04-Sep-2019

Dividend(%)6

Announcement Date16-May-2017

Ex Dividend Date19-Sep-2017

Dividend(%)6

Announcement Date30-May-2016

Ex Dividend Date08-Sep-2016

Dividend(%)8

Announcement Date26-May-2014

Ex Dividend Date19-Sep-2014

Dividend(%)12

Announcement Date30-May-2011

Ex Dividend Date02-Sep-2011

Dividend(%)10

Announcement Date30-May-2010

Ex Dividend Date08-Sep-2010

Dividend(%)10

Announcement Date14-Jun-2007

Ex Dividend Date18-Sep-2007

Dividend(%)10

No Rights has been declared by SALONA

Book Closure

Record Date	Split Date	Purpose
12-Feb-2024	-	SALONA COTSPIN LIMITED has informed the Exchange about Board Meeting to be held on 12-Feb-2024 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ende
09-Nov-2023	-	SALONA COTSPIN LIMITED has informed the Exchange about Board Meeting to be held on 09-Nov-2023 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly en
25-Sep-2023	-	Salona Cotspin Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 2023 Salona Cotspin Limited has informed the Exchange about Copy of Newspape
19-Sep-2023	01 Jan'1900	Salona Cotspin Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 2023
11-Aug-2023	-	SALONA COTSPIN LIMITED has informed the Exchange about Board Meeting to be held on 11-Aug-2023 to consider and approve the Quarterly Unaudited Financial results of the Company for the period ended Ju

Peer Comparison

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Scrip Name	Price	Daily Change	M.Cap (Cr)	1 Year Returns %	P/E (TTM)	PB Ratio
Salona Cotspin Ltd ₹315.55(+18.90/6.37%)	315.55	+18.90	165.98	25.54	19.83	2.15
Arvind Ltd ₹333.95(+7.90/2.42%)	333.95	+7.90	8,737.15	195.14	28.94	2.66
Bombay Dyeing & Manufacturing Company Ltd ₹178.85(+6.75/3.92%)	178.85	+6.75	3,693.88	103.03	0.00	-2.76
Grasim Industries Ltd ₹2,482.40(+48.10/1.98%)	2,482.40	+48.10	166,112.48	43.62	110.48	3.28
Century Enka Ltd ₹511.95(+28.95/5.99%)	511.95	+28.95	1,118.61	25.59	27.87	0.85
Garware Technical Fibres Ltd ₹3,203.80(+9.85/0.31%)	3,203.80	+9.85	6,528.76	9.53	35.34	5.80

Income Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22
Gross Sales	206.42	208.88	140.56	146.99	92.18	92.58
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	206.42	208.88	140.56	146.99	92.18	92.58
Other Operating Income	0.00	0.00	0.00	0.00	0.00	0.00
Other Income	0.09	0.05	0.01	0.08	0.06	0.15
Total Income	206.51	208.93	140.57	147.07	92.24	92.73
Total Expenditure	199.50	198.60	134.21	141.98	84.58	80.84
PBIDT	7.00	10.32	6.36	5.09	7.66	11.89
Interest	5.53	4.21	2.76	3.52	2.54	1.99
PBDT	1.47	6.12	3.60	1.57	5.12	9.90
Depreciation	0.26	2.50	1.38	1.26	1.24	1.70
Tax	0.20	0.60	0.37	-3.04	1.02	2.81
Deferred Tax	-0.44	1.28	-0.21	0.21	0.24	-0.06
Reported Profit After Tax	1.44	1.73	2.06	3.14	2.62	5.45
Extra-ordinary Items	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	1.44	1.73	2.06	3.14	2.62	5.45

EPS (Unit Curr.)	2.74	3.28	3.91	5.97	4.98	10.36
EPS (Adj) (Unit Curr.)	2.74	3.28	3.91	5.97	4.98	10.36
Calculated EPS (Unit Curr.)	2.74	3.28	3.91	5.97	4.98	10.36
Calculated EPS (Adj) (Unit Curr.)	2.74	3.28	3.91	5.97	4.98	10.36
Calculated EPS (Ann.) (Unit Curr.)	10.97	13.14	15.63	23.88	19.91	41.46
Calculated EPS (Adj) (Ann.) (Unit Curr.)	10.97	13.14	15.63	23.88	19.91	41.46
Book Value (Unit Curr.)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00	0.00	0.00	0.00
Equity	5.26	5.26	5.26	5.26	5.26	5.26
Reserve & Surplus	0.00	0.00	0.00	0.00	0.00	0.00
Face Value	10.00	10.00	10.00	10.00	10.00	10.00

Public Shareholding (No. Of Shares)	0.00	0.00	0.00	1731692.00	1790092.00	0.00
Public Shareholding (% in Equity)	0.00	0.00	0.00	34.91	34.02	0.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

PBIDTM(%)	3.39	4.94	4.52	3.46	8.31	12.84
PBDTM(%)	0.71	2.93	2.56	1.07	5.55	10.69
PATM(%)	0.70	0.83	1.47	2.14	2.84	5.89

Balance Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
SOURCES OF FUNDS :
Share Capital	5.33	5.33	5.33	5.33	5.33	5.33
Reserves Total	68.85	51.91	32.69	26.76	25.99	24.70
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	74.18	57.24	38.02	32.09	31.32	30.03
Secured Loans	39.78	32.08	15.26	38.40	48.88	41.37
Unsecured Loans	117.37	106.65	61.40	1.87	1.97	1.96
Total Debt	157.15	138.73	76.66	40.27	50.85	43.33
Total Liabilities	231.33	195.97	114.68	72.36	82.17	73.36
APPLICATION OF FUNDS :
Gross Block	117.23	114.03	94.93	90.04	89.26	75.73
Less : Accumulated Depreciation	76.69	71.22	68.29	66.12	63.51	60.73
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	40.54	42.81	26.64	23.92	25.75	15.00
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	0.27	0.00	0.00	0.00	0.60	5.02
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.01	0.01	0.01	0.01	0.24	0.31
Current Assets, Loans & Advances	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	56.47	62.92	42.77	36.66	37.11	36.47
Sundry Debtors	122.33	96.21	53.47	13.51	18.20	19.14
Cash and Bank	0.80	0.40	0.53	0.57	0.17	0.60
Loans and Advances	33.54	23.96	13.25	6.29	6.24	5.01
Total Current Assets	213.14	183.49	110.01	57.03	61.72	61.22
Less : Current Liabilities and Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Current Liabilities	33.66	26.23	20.88	8.95	6.19	8.49
Provisions	0.37	1.63	0.38	0.16	0.17	0.32
Total Current Liabilities	34.04	27.85	21.27	9.11	6.36	8.81
Net Current Assets	179.10	155.63	88.74	47.91	55.36	52.41
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	0.58	0.39	0.28	0.28	0.65	1.22
Deferred Tax Liability	4.18	3.46	1.78	1.49	1.45	1.87
Net Deferred Tax	-3.60	-3.07	-1.50	-1.21	-0.80	-0.65
Total Assets	216.32	195.38	113.89	70.63	81.14	72.09
Contingent Liabilities	0.00	0.00	0.00	0.00	0.00	0.00

Cash Flow

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

PARTICULARS	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash and Cash Equivalents at Beginning of the year	0.07	0.21	0.19	0.08	0.05
Net Cash from Operating Activities	-5.01	-34.78	-23.72	14.30	6.42
Net Cash Used In Investing Activities	-3.39	-19.51	-5.32	0.08	-10.04
Net Cash Used In Financing Activities	8.39	54.16	29.05	-14.26	3.65
Net Inc./Dec In Cash And Cash Equivalents	-0.01	-0.13	0.01	0.12	0.03
Cash And Cash Equivalents At End Of The Year	0.06	0.07	0.21	0.19	0.08

Share Holding

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Promoter Shareholding

67.09%

FII Shareholding

0.00%

DII Shareholding

0.00%

Public Shareholding

32.91%

**Promoter pledged shareholding 67.09%

About Salona Cotspin Ltd

Salona Cotspin Ltd is in the Textiles sector, having a market capitalization of Rs. 165.98 crores. It has reported a sales of Rs. 206.42 crores and a net profit of Rs. 1.44 crores for the quarter ended December 2018. The company management includes Shyamlal Agarwala, Shyamlal Agarwala,Manoj Kumar Jhajharia,Dhiresh Jayasi,Meenakumari Shanmugam,Sajith K B,Arun Kumar Jhajharia,Hari Desikan Ganesh (Salona Cotspin Ltd) among others.

Chairman

Shyamlal Agarwala

Registered office

74/12 & 75/3 Sathy Main Road,Pungampalli Valipalayam PO,Erode,Tamil Nadu,638402

FAX :

Background

Incorporation Year1994

Face Value₹10

Market Lot1

How to buy Salona Cotspin shares on nse?

To buy Salona Cotspin shares in Motilal Oswal, you just need to open a demat account and get your KYC documents verified

What is the Salona Cotspin share price today?

The Salona Cotspin shares price on nse is Rs.315.55 today.

What is the market cap of Salona Cotspin shares on BSE ?

The company has a market capitalization of Rs.165.98Cr

What is the PE & PB ratio of Salona Cotspin shares ?

PE is 19.83 and PB is 2.15

What is the 52 Week High and Low of Salona Cotspin shares?

Salona Cotspin stock price high: Rs.383 Salona Cotspin stock price low: Rs.226.8