Kerala-based cotton yarn spinner (part of the GTN Group) currently operating via job-work/contract spinning rather than its own manufacturing.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 3 | -37 | -49 | -69 | -75 | -85 | -70 | -76 |
| Borrowings | 148 | 164 | 163 | 97 | 94 | 102 | 82 | 82 |
| Other Liabilities | 89 | 70 | 61 | 38 | 39 | 34 | 38 | 43 |
| Total Liabilities | 270 | 228 | 206 | 98 | 89 | 82 | 80 | 79 |
| AssetsFixed Assets | 190 | 178 | 167 | 69 | 65 | 63 | 61 | 60 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 80 | 50 | 39 | 29 | 24 | 19 | 19 | 19 |
| Total Assets | 270 | 228 | 206 | 98 | 89 | 82 | 80 | 79 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 38 | 51 | -1 | -1 | 6 | 7 | 1 | 0 |
| Cash from Investing | 3 | 2 | 1 | 0 | 92 | 3 | 0 | 1 |
| Cash from Financing | -39 | -55 | 1 | -1 | -97 | -11 | -1 | -1 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 37 | 51 | -1 | -1 | 98 | 10 | 1 | 0 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
PATSPINLTD · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.