Santaram Spinners revenue decreased on 3.3%

31-05-2016 • About Santaram Spinners ($SANTASPN) • By InTwits

Santaram Spinners reported FY2016 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.

Revenue and profitability

The company's Revenue decreased on 3.3%.

Net Income margin showed almost no change in FY2016.

Financial and operational results

Santaram Spinners ($SANTASPN) key annual financial indicators

mln. INR	2012	2013	2014	2015	2016	2016/2015
P&L
Revenue	850	1,366	807	1,711	1,655	-3.3%
EBITDA	6	17	18	31
Net Income	1	3	-0	2	2	19.2%
Balance Sheet
Cash		28
Short Term Debt		117
Long Term Debt		5
Cash flow
Ratios
Revenue growth	6.0%	60.7%	-40.9%	112.0%	-3.3%
EBITDA growth	236.6%	186.1%	9.6%	70.8%
EBITDA Margin	0.7%	1.2%	2.3%	1.8%
Net Income Margin	0.1%	0.2%	-0.0%	0.1%	0.2%	0.0%
Net Debt/EBITDA	0.0x	5.6x	0.0x	0.0x

Peers in Textiles

Below you can find Santaram Spinners 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 ($NITINSPIN)	-	4.1%	9.5%	26.2%	24.4%
Median (70 companies)	-1.0%	9.3%	14.6%	-0.5%	-4.0%
Santaram Spinners ($SANTASPN)	-	60.7%	-40.9%	112.0%	-3.3%

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 ($PREMSYN)	-	-	-	25.9%	-
Median (86 companies)	6.5%	9.5%	9.5%	7.2%	8.8%
Santaram Spinners ($SANTASPN)	0.7%	1.2%	2.3%	1.8%	-

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%
Median (17 companies)	3.4%	5.6%	6.8%	6.7%	4.6%

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 ($SUTLEJTEX)	9.5%	13.6%	19.8%	14.6%	14.4%
Median (115 companies)	3.5%	9.0%	8.9%	9.5%	10.2%
Santaram Spinners ($SANTASPN)	-	-	-	-	-

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
Median (66 companies)	3.8x	3.2x	0.0x	0.0x	0.0x

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