Gujarat Cotex revenue increased on 4.9%
31-05-2016 • About Gujarat Cotex (
$GUJCOTEX) • By InTwits
Gujarat Cotex reported FY2016 financial results today. Overall the company's long term financial model is characterised by the following facts: It operates with medium-size leverage: Net Debt/EBITDA is 3.9x while industry average is 4.4x.
Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
Gujarat Cotex's Revenue increased on 4.9%.
Net Income margin decreased on 2.8 pp from 3.0% to 0.27% in FY2016.
Financial and operational results
Gujarat Cotex ($GUJCOTEX) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
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P&L
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| Revenue | 83.802 | 28.533 | 78.818 | 37.846 | 39.718 | 4.9% |
| EBITDA | | | | 1.632 | | |
| Net Income | 4.507 | 0.121 | 1.619 | 1.154 | 0.106 | -90.8% |
Balance Sheet
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Cash flow
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Ratios
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| Revenue growth | -6.2% | -66.0% | 176.2% | -52.0% | 4.9% | |
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| EBITDA Margin | | | | 4.3% | |
| Net Income Margin | 5.4% | 0.4% | 2.1% | 3.0% | 0.3% | -2.8% |
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Peers in Textiles
Below you can find Gujarat Cotex benchmarking vs. other companies in Textiles industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Raj Rayon Industries ($RAJRAYON) | - | 3.8% | -33.7% | -61.0% | 146.1% |
| Rajvir Industries ($RAJVIR) | - | -5.7% | -30.9% | -49.2% | 71.3% |
| Olympia Industries ($OLYMPTX) | - | -96.6% | 74,809.1% | 1,749.9% | 50.5% |
| Prag Bosimi Synthetics ($PRAGBOS) | - | - | - | - | 34.5% |
| Nitin Spinners ($NITINSPIN) | - | 4.1% | 9.5% | 26.2% | 24.4% |
| |
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| Median (70 companies) | -1.0% | 10.0% | 14.4% | -0.1% | -4.0% |
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| Gujarat Cotex ($GUJCOTEX) | - | -66.0% | 176.2% | -52.0% | 4.9% |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Sil Investments ($SILINV) | - | - | - | 93.8% | - |
| Swadeshi Polytex ($SWADPOL) | - | - | - | 64.4% | - |
| Binny ($BINNY) | - | - | - | 60.9% | - |
| Ruby Mills ($RUBYMILLS) | 28.3% | 25.1% | 28.6% | 29.3% | 35.4% |
| Premier Synthetics ($PREMSYN) | - | - | - | 25.9% | - |
| |
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| Median (86 companies) | 6.3% | 9.5% | 9.5% | 7.2% | 8.8% |
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| Gujarat Cotex ($GUJCOTEX) | - | - | - | 4.3% | - |
Top companies by CAPEX/Revenue, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Welspun India ($WELSPUNIND) | 5.6% | 7.8% | 16.4% | 10.9% | 17.7% |
| SRF ($SRF) | 0.0% | 18.7% | 20.0% | 11.4% | 13.0% |
| Grasim Industries ($GRASIM) | 17.7% | 21.7% | 11.6% | 10.2% | 7.7% |
| Arvind ($ARVIND) | 9.4% | 7.0% | 6.5% | 7.2% | 7.3% |
| Sutlej Textiles & Industries ($SUTLEJTEX) | 3.4% | 1.8% | 5.6% | 10.7% | 7.1% |
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| Median (17 companies) | 3.4% | 5.6% | 6.8% | 6.7% | 4.6% |
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Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Welspun India ($WELSPUNIND) | 9.3% | 15.6% | 8.5% | 21.9% | 25.2% |
| Jindal Worldwide ($JINDWORLD) | 14.5% | 15.2% | 13.7% | 11.0% | 18.0% |
| Nitin Spinners ($NITINSPIN) | 6.0% | 19.5% | 21.5% | 17.5% | 17.8% |
| Sangam (India) ($SANGAMIND) | 9.8% | 14.7% | 12.2% | 12.8% | 15.0% |
| Sutlej Textiles & Industries ($SUTLEJTEX) | 9.5% | 13.6% | 19.8% | 14.6% | 14.4% |
| |
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| Median (115 companies) | 3.5% | 9.0% | 8.9% | 9.5% | 10.2% |
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| Gujarat Cotex ($GUJCOTEX) | - | - | - | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Jaybharat Textiles & Real Estate ($JAYTEX) | 10.9x | 53.6x | 23.8x | - | 247.8x |
| Bombay Rayon Fashions ($BRFL) | 4.9x | 4.9x | 11.6x | 10.0x | 7.3x |
| Filatex India ($FILATEX) | 8.0x | 6.5x | 0.0x | 0.0x | 4.9x |
| Ruby Mills ($RUBYMILLS) | 12.6x | 15.3x | 10.8x | 8.6x | 4.8x |
| Raymond ($RAYMOND) | 3.7x | 4.6x | 3.7x | 4.1x | 4.5x |
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| Median (66 companies) | 3.8x | 3.2x | 0.0x | 0.0x | 0.0x |
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