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Deepak Spinners Ltd

NSE: DEEPAKSPIN BSE: 514030

123

(1.23%)

Wed, 04 Mar 2026, 09:33 pm

Deepak Spinners Analysis

dividend

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Pros

  • Dividends paid are thoroughly covered by earnings (8.9x coverage).
  • Deepak Spinners's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
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Cons

  • Deepak Spinners has only been paying a dividend for 4 years, and since then dividends per share have fallen.
  • Deepak Spinners has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Deepak Spinners's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

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Pros

  • Deepak Spinners is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Deepak Spinners is profitable, therefore cash runway is not a concern.
  • Deepak Spinners is profitable, therefore cash runway is not a concern.
  • Debt is well covered by operating cash flow (40.6%, greater than 20% of total debt).
  • Debt is covered by short term assets, assets are 1.6x debt.
  • Deepak Spinners's cash and other short term assets cover its long term commitments.
  • The level of debt compared to net worth has been reduced over the past 5 years (144.5% vs 53.6% today).
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Cons

  • Interest payments on debt are not well covered by earnings (EBIT is 2.7x annual interest expense, ideally 3x coverage).
  • Deepak Spinners's level of debt (53.6%) compared to net worth is high (greater than 40%).
  • High level of physical assets or inventory.

management

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Pros

  • The tenure for the Deepak Spinners board of directors is about average.
  • Pradip's compensation has been consistent with company performance over the past year, both up more than 20%.
  • More shares have been bought than sold by Deepak Spinners individual insiders in the past 3 months.
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Cons

  • Pradip's remuneration is higher than average for companies of similar size in India.

misc

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Pros

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    Cons

    • Deepak Spinners is not covered by any analysts.
    • BSE:514030 has not traded for 8 days.

    past

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    Pros

    • Deepak Spinners used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
    • Deepak Spinners has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
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    Cons

    • Deepak Spinners's 1-year earnings growth is negative, it can't be compared to the 5-year average.
    • Deepak Spinners's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
    • Deepak Spinners has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
    • Deepak Spinners's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.

    value

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    Pros

    • Deepak Spinners's share price is below the future cash flow value, and at a moderate discount (> 20%).
    • Deepak Spinners's share price is below the future cash flow value, and at a substantial discount (> 40%).
    • Deepak Spinners is good value based on assets compared to the IN Luxury industry average.
    • Deepak Spinners is good value based on earnings compared to the IN Luxury industry average.
    • Deepak Spinners is good value based on earnings compared to the India market.
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    Cons

    • 514030 underperformed the Luxury industry which returned -22.1% over the past year.
    • 514030 underperformed the Market in India which returned -14.5% over the past year.
    • BSE:514030 is up 6.6% underperforming the Luxury industry which returned 9.8% over the past month.
    • BSE:514030 is up 6.6% underperforming the market in India which returned 8% over the past month.

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    Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800