The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Salona Cotspin Limited is an India-based company which is engaged in the business of manufacturing and sale of cotton yarn, knitted fabrics, and garments. Its products are marketed in both domestic and international markets. The Company operates through the Textiles segment.…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, priced for perfection.
Salona Cotspin is scored on the general / industrial framework. It keeps a thin 0.3% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 50.81× reported profit. It throws off free cash worth 50.2% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at 7%/yr and profit at -55%/yr. Book value has grown 4%/yr. Return on equity is a weak 1.9%.
At 88× earnings, the stock sits at the 90th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price already implies ~24%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 60.6 | — | — |
| P/B | 1.65 | 2.89 | better |
| EV/EBITDA | 9.07 | — | — |
| ROE | 1.86 | 9.38 | worse |
| ROCE | 8.74 | 11.35 | worse |
| ROA | 0.75 | — | — |
| Quick Ratio | 0.75 | 1.29 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Grasim Industries | 19.5 | 2.1 | 4.8% |
| Welspun India | 51.6 | 4.5 | 8.6% |
| Vardhman Textiles | 14.3 | 1.3 | 7.1% |
Revenue declined 10% in the latest year — a break from prior trajectory. 7% CAGR — growing but slowly.
Revenue is outpacing profit (7% vs -55%) — costs are rising faster than the top line. The latest year saw a -50% swing — check if it's a one-off or structural.
Operating margin has compressed from 4% to 1% — costs or competition are eating into profitability. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 2% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 22pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -55% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 50.8× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 78% sequentially — momentum is building. Wide quarterly swings (44% spread) — likely seasonality, lumpy orders, or project-based revenue.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 265% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 68.4% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.