Why is Maris Spinners Ltd ?
1
High Debt company with Weak Long Term Fundamental Strength
- Poor long term growth as Net Sales has grown by an annual rate of 11.77% and Operating profit at -166.88% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at 2.49 times
2
Flat results in Dec 25
- EPS(Q) Lowest at Rs -1.05
3
Stock is technically in a Mildly Bearish range
- The stocks MACD and KST technical factors are also Bearish
4
Risky - Negative Operating Profits
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -8.72%, its profits have risen by 82.3%
5
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -8.72% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Maris Spinners for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Maris Spinners
-18.8%
-0.15
56.54%
Sensex
-5.08%
-0.49
12.94%
Quality key factors
Factor
Value
Sales Growth (5y)
9.16%
EBIT Growth (5y)
-59.28%
EBIT to Interest (avg)
0.81
Debt to EBITDA (avg)
5.50
Net Debt to Equity (avg)
3.44
Sales to Capital Employed (avg)
1.77
Tax Ratio
32.41%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
4.33%
ROE (avg)
7.25%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
24
Price to Book Value
1.28
EV to EBIT
86.90
EV to EBITDA
13.21
EV to Capital Employed
1.06
EV to Sales
0.52
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
0.18%
ROE (Latest)
-7.98%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
Technical Movement
7What is working for the Company
OPERATING PROFIT TO INTEREST(Q)
Highest at 1.21 times
DEBT-EQUITY RATIO(HY)
Lowest at 3.61 times
NET SALES(Q)
Highest at Rs 45.91 cr
PBDIT(Q)
Highest at Rs 2.50 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 5.45%
PBT LESS OI(Q)
Highest at Rs -0.97 cr.
-2What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 13.59 times
NON-OPERATING INCOME(Q)
is 355.26 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Maris Spinners
Operating Profit to Interest - Quarterly
Highest at 1.21 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales - Quarterly
Highest at Rs 45.91 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 2.50 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 5.45%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs -0.97 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Debt-Equity Ratio - Half Yearly
Lowest at 3.61 times
in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Here's what is not working for Maris Spinners
Non Operating Income - Quarterly
is 355.26 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Debtors Turnover Ratio- Half Yearly
Lowest at 13.59 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio