Salona Cotspin Limited Share Price and Company Fundamentals
Last traded: Last Friday at 9:58 AM
Salona Cotspin Limited produces and sells cotton yarn, knitted fabrics, and garments in India. The company offers ring spin, open end, slub, hank, and compact cotton and blend yarn products. It also provides grey, dyed, and printed fabrics; and knitwear apparels. The company also exports its products. Salona Cotspin Limited was incorporated in 1994 and is based in Coimbatore, India.
Key Metrics
PE ratio
10.83
PB ratio
3.05
Dividend yield
0.56%
Beta
0.71
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Textile Manufacturing / Consumer Cyclical |
|---|---|
| Website | https://www.salonacotspin.com |
| Mailing address | No. 9, Ramalinga Nagar IV Cross Saibaba Colony Coimbatore 641011 India |
| Phone / Fax | 91 42 2245 4415 / 91 42 2245 4414 |
Dividends
Dividend yield
0.56%
Dividend amount
₹1.20
Payout ratio
0.00%
Salona Cotspin Limited paid ₹1.20 dividend and the ex-dividend date was 08 Sept 2021.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.SALONA dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
SALONA's forward dividend amount is ₹1 and the forward dividend yield is 0.47%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Salona Cotspin Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Shyamlal Agarwala | Chairman, CEO & MD | 76 | 3.98M |
| Mr. Manoj Kumar Jhajharia | Joint MD & Exec. Director | 53 | 2.59M |
| Mr. M. S. Selvaraj | CFO & Gen. Mang. of Accounts | ||
| Mr. K. B. Sajith | Compliance Officer & Company Sec. | ||
| Mr. Arun Kumar Jhajharia | Exec. & Non-Independent Director | 49 | 1.2M |
| Mr. Pramod Kumar Jhajharia | Chief Exec. |
Profitability and management effectiveness
Profit margin
3.06%
Operating margin
5.26%
Return on assets
11.63%
Return on equity
41.55%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Salona Cotspin Limited is and its enterprise value is .
The SALONA's stocks Beta value is 0.71 making it 29% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Salona Cotspin Limited (NSE:SALONA) Frequently Asked Questions
1. What is Salona Cotspin Limited's Stock Symbol?
Salona Cotspin Limited trades on NSE under the ticker symbol "SALONA".
2. What is Salona Cotspin Limited's stock price today?
One share of SALONA stock can currently be purchased for approximately ₹219.4.
3. How can I contact Salona Cotspin Limited?
Salona Cotspin Limited's mailing address is No. 9, Ramalinga Nagar IV Cross Saibaba Colony Coimbatore 641011 India. The company can be reached via phone at 91 42 2245 4415.
4. What is Salona Cotspin Limited's official website?
The official website of Salona Cotspin Limited is https://www.salonacotspin.com.