---
title: "Suryajyoti Spinning Mills Ltd (SURYAJYOTI) — Share Price, Financials & Analysis"
symbol: "SURYAJYOTI"
company: "Suryajyoti Spinning Mills Ltd"
canonical: "https://tapetide.com/stocks/SURYAJYOTI"
generated_at: "2026-10-13T11:02:34.276Z"
---

# Suryajyoti Spinning Mills Ltd (SURYAJYOTI)

Canonical page: https://tapetide.com/stocks/SURYAJYOTI

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** suryajyoti.com

## About

Suryajyoti Spinning Mills produces a very high quality of yarn of international standards and exporting to various countries in all the product range viz. Cotton, Polyester spun, Poly Viscose blend, Poly Cotton blend and 100% Viscose spun, in count range of 16s to 80s.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company's working capital requirements have reduced from 91.0 days to 23.2 days

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -20.2% over past five years.
- Contingent liabilities of Rs.9.72 Cr.
- Debtor days have increased from 69.1 to 88.8 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 53% | — | — |
| revenue growth | -33% | -35% | -20% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 92 | 109 | 102 | 65 | 51 | 41 | 18 | 16 | 38 | 17 | 14 | 14 |
| Expenses | 82 | 96 | 95 | 69 | 57 | 56 | 44 | 79 | 44 | 30 | 24 | 31 |
| Operating Profit | 10 | 13 | 6 | -4 | -5 | -15 | -26 | -62 | -6 | -13 | -10 | -16 |
| OPM % | 10 | 12 | 6 | -6 | -10 | -38 | -151 | -386 | -14 | -74 | -71 | -114 |
| Other Income | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Interest | 9 | 11 | 9 | 3 | 3 | 2 | 6 | -2 | 0 | 0 | 0 | 1 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 1 | 1 | 1 | 12 |
| Profit before tax | -3 | -1 | -7 | -10 | -11 | -21 | -36 | -63 | -7 | -14 | -11 | -29 |
| Tax % | 0 | 0 | 0 | -10 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 |
| Net Profit | -3 | -1 | -7 | -9 | -11 | -21 | -36 | -64 | -7 | -14 | -11 | -29 |
| EPS in Rs | -1.43 | -0.68 | -3.53 | -4.6 | -5.42 | -10.71 | -18.09 | -32.39 | -3.43 | -7.08 | -5.64 | -14.84 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 204 | 260 | 394 | 390 | 408 | 461 | 412 | 362 | 126 | 84 |
| Expenses | 189 | 244 | 336 | 363 | 384 | 422 | 378 | 342 | 240 | 128 |
| Operating Profit | 15 | 16 | 59 | 27 | 24 | 39 | 34 | 20 | -114 | -45 |
| OPM % | 7 | 6 | 15 | 7 | 6 | 9 | 8 | 5 | -90 | -53 |
| Other Income | 7 | 16 | 6 | 12 | 9 | 9 | 18 | 7 | 2 | 0 |
| Interest | 9 | 15 | 24 | 34 | 33 | 41 | 45 | 32 | 2 | 2 |
| Depreciation | 8 | 12 | 19 | 19 | 20 | 21 | 16 | 16 | 15 | 14 |
| Profit before tax | 5 | 6 | 22 | -13 | -20 | -14 | -9 | -21 | -128 | -61 |
| Tax % | 39 | 34 | 5 | -20 | -30 | -14 | 0 | 0 | 1 | — |
| Net Profit | 3 | 4 | 21 | -10 | -14 | -12 | -9 | -21 | -129 | -61 |
| EPS in Rs | 1.86 | 2.27 | 11.48 | -5.31 | -7.17 | -6.15 | -4.43 | -10.72 | -65.66 | -30.99 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 14 | 16 | 16 | 18 | 20 | 20 | 20 | 20 | 20 | 20 |
| Reserves | 46 | 51 | 55 | 85 | 84 | 59 | 48 | 35 | 14 | -115 |
| Borrowings | 185 | 228 | 257 | 296 | 292 | 315 | 280 | 290 | 312 | 309 |
| Other Liabilities | 29 | 53 | 58 | 51 | 58 | 79 | 124 | 113 | 113 | 90 |
| Total Liabilities | 274 | 348 | 386 | 451 | 453 | 472 | 472 | 458 | 458 | 304 |
| Fixed Assets | 126 | 122 | 273 | 260 | 254 | 257 | 245 | 229 | 216 | 201 |
| CWIP | 27 | 134 | 0 | 0 | 6 | 0 | 0 | 2 | 0 | 0 |
| Investments | 0 | 0 | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 121 | 92 | 113 | 186 | 193 | 215 | 228 | 227 | 242 | 103 |
| Total Assets | 274 | 348 | 386 | 451 | 453 | 472 | 472 | 458 | 458 | 304 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 17 | 25 | -3 | -17 | 43 | 33 | 37 | 51 | 25 | 9 |
| Cash from Investing Activity | -49 | -81 | -20 | -4 | -15 | -15 | -8 | 3 | 1 | 0 |
| Cash from Financing Activity | 23 | 43 | 15 | 28 | -27 | -24 | -29 | -55 | -27 | -10 |
| Net Cash Flow | -9 | -12 | -9 | 7 | 1 | -6 | 0 | -1 | -1 | -1 |
| Free Cash Flow | -33 | -57 | -24 | -16 | 23 | 18 | 28 | 53 | 25 | 9 |
| CFO/OP | 71 | 164 | -28 | -20 | 140 | 158 | 94 | 149 | 128 | -10 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 50 | 48 | 38 | 46 | 40 | 48 | 42 | 43 | 75 | 89 |
| Inventory Days | 71 | 66 | 103 | 136 | 122 | 137 | 149 | 188 | 175 | 85 |
| Days Payable | 33 | 104 | 76 | 39 | 49 | 66 | 67 | 84 | 94 | 116 |
| Cash Conversion Cycle | 88 | 9 | 65 | 143 | 113 | 120 | 124 | 147 | 156 | 57 |
| Working Capital Days | 135 | 65 | 87 | 124 | 122 | 117 | 109 | 118 | 132 | 23 |
| ROCE % | 8 | 5 | 6 | 13 | 5 | 3 | 7 | 9 | 3 | -45 |

## Shareholding Pattern

### annual

| Category | Mar 2016 | Mar 2017 | Mar 2018 | Jun 2018 |
| --- | --- | --- | --- | --- |
| Promoters | 41.27% | 41.27% | 41.27% | 41.27% |
| FIIs | 5.22% | 0% | 0% | 0% |
| DIIs | 3.25% | 8.47% | 8.47% | 8.47% |
| Public | 50.27% | 50.27% | 50.27% | 50.27% |
| No. of Shareholders | 17571 | 17366 | 17355 | 17181 |

### Quarterly

| Category | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 41.27% | 41.27% | 41.27% | 41.27% | 41.27% | 41.27% | 41.27% | 41.27% | 41.27% | 41.27% |
| FIIs | 5.22% | 5.22% | 5.22% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 3.25% | 3.25% | 3.25% | 8.47% | 8.47% | 8.47% | 8.47% | 8.47% | 8.47% | 8.47% |
| Public | 50.27% | 50.27% | 50.27% | 50.27% | 50.27% | 50.27% | 50.27% | 50.27% | 50.27% | 50.27% |
| No. of Shareholders | 17571 | 17512 | 17429 | 17375 | 17366 | 17355 | 17357 | 17355 | 17355 | 17181 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2018-05-30 | [Standalone Financial Results, Auditors Report for March 31, 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=CF7F7951_D2B7_4174_BCBD_0368821834E4_183527.pdf) |
| 2018-05-30 | [Standalone Financial Results, Auditors Report for March 31, 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/CF7F7951_D2B7_4174_BCBD_0368821834E4_183527.pdf) |
| 2018-02-14 | [Results-Financials For The Qtr Ended 31/12/2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a6d4c51c-9691-448d-86c0-7eae0469b566.pdf) |
| 2018-02-14 | [Results-Financials For The Qtr Ended 31/12/2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/a6d4c51c-9691-448d-86c0-7eae0469b566.pdf) |
| 2018-02-06 | [Board Meeting To Be Held On 02-14-2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=91c9c925-111a-4e4c-851f-e8681c0b9a6b.pdf) |
| 2018-02-06 | [Board Meeting To Be Held On 02-14-2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/91c9c925-111a-4e4c-851f-e8681c0b9a6b.pdf) |
| 2018-01-11 | [Outcome Of Board Meeting Reg 33 Of SEBI(LODR),2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=21bc9111-c902-4b48-92ae-00c69312fa42.pdf) |
| 2018-01-11 | [Outcome Of Board Meeting Reg.33 Of SEBI( LODR), Reg,2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae71b1d6-893f-4b1b-b06c-e9e969d279e1.pdf) |
| 2018-01-11 | [Outcome Of Board Meeting Reg 33 Of SEBI(LODR),2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/1/21bc9111-c902-4b48-92ae-00c69312fa42.pdf) |
| 2018-01-11 | [Outcome Of Board Meeting Reg.33 Of SEBI( LODR), Reg,2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/1/ae71b1d6-893f-4b1b-b06c-e9e969d279e1.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/521022/5210220317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/521022/5210220316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/521022/5210220315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/521022/5210220314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/521022/5210220313.pdf) |
| 2013 | [Annual Report 2013](https://archives.nseindia.com/annual_reports/AR_1534_SURYAJYOTI_2012_2013_10092013162355.zip) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/521022/5210220312.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/521022/5210220311.pdf) |
| 2011 | [Annual Report 2011](https://archives.nseindia.com/annual_reports/AR_SURYAJYOTI_2010_2011_12092011052626.zip) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/521022/5210220310.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2020-07-21 | Credit rating update — CARE Ratings |
| 2020-07-21 | Credit rating update — CARE Ratings |
| 2019-05-14 | Credit rating update — CARE Ratings |
| 2018-01-04 | Credit rating update — CARE Ratings |
| 2017-03-03 | Credit rating update — CARE Ratings |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:02:34.276Z.