SALONA
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Forensics
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Recent events
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Corporate Actions
Salona Cotspin Dec-Qtr Net PAT Falls
Feb 12 (Reuters) - Salona Cotspin Ltd SALO.NS:
SALONA COTSPIN DEC-QUARTER NET PAT 14.4 MILLION RUPEES VERSUS PROFIT 26.2 MILLION RUPEES
SALONA COTSPIN DEC-QUARTER REVENUE FROM OPERATIONS 2.06 BILLION RUPEES VERSUS 921.8 MILLION RUPEES
Source text for Eikon: ID:nNSE4TYgNk
Further company coverage: SALO.NS
(([email protected];;))
Feb 12 (Reuters) - Salona Cotspin Ltd SALO.NS:
SALONA COTSPIN DEC-QUARTER NET PAT 14.4 MILLION RUPEES VERSUS PROFIT 26.2 MILLION RUPEES
SALONA COTSPIN DEC-QUARTER REVENUE FROM OPERATIONS 2.06 BILLION RUPEES VERSUS 921.8 MILLION RUPEES
Source text for Eikon: ID:nNSE4TYgNk
Further company coverage: SALO.NS
(([email protected];;))
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Popular questions
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What does Salona Cotspin do?
Salona Cotspin Ltd specializes in manufacturing carded and combed, ring spun greige yarns for knitting and weaving applications using cotton. Their product range includes 100% Cotton Yarn in various counts and types.
Who are the competitors of Salona Cotspin?
Salona Cotspin major competitors are Pioneer Embroideries, Bengal Tea & Fabrics, Reliance Chemotex, Amarjothi Spg. Mills, Lambodhara Textiles, Suryalata Spg Mills, Raja Bahadur Intl.. Market Cap of Salona Cotspin is ₹133 Crs. While the median market cap of its peers are ₹133 Crs.
Is Salona Cotspin financially stable compared to its competitors?
Salona Cotspin seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Salona Cotspin pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Salona Cotspin latest dividend payout ratio is 8.59% and 3yr average dividend payout ratio is 5.12%
How has Salona Cotspin allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress
How strong is Salona Cotspin balance sheet?
Balance sheet of Salona Cotspin is strong. But short term working capital might become an issue for this company.
Is the profitablity of Salona Cotspin improving?
No, profit is decreasing. The profit of Salona Cotspin is ₹3.13 Crs for TTM, ₹6.13 Crs for Mar 2024 and ₹17.57 Crs for Mar 2023.
Is the debt of Salona Cotspin increasing or decreasing?
The net debt of Salona Cotspin is decreasing. Latest net debt of Salona Cotspin is ₹236 Crs as of Mar-25. This is less than Mar-24 when it was ₹255 Crs.
Is Salona Cotspin stock expensive?
Yes, Salona Cotspin is expensive. Latest PE of Salona Cotspin is 42.5, while 3 year average PE is 14.3. Also latest EV/EBITDA of Salona Cotspin is 11.56 while 3yr average is 9.56.
Has the share price of Salona Cotspin grown faster than its competition?
Salona Cotspin has given better returns compared to its competitors. Salona Cotspin has grown at ~28.51% over the last 10yrs while peers have grown at a median rate of 7.26%
Is the promoter bullish about Salona Cotspin?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Salona Cotspin is 67.09% and last quarter promoter holding is 67.09%.
Are mutual funds buying/selling Salona Cotspin?
There is Insufficient data to gauge this.