DSE : TALLUSPIN
Toyo Spinning Mills Limited — Financial statements
Textile Mill Products · Bangladesh
Last price 5.7 BDT (At close: Oct 28, 2026) · Market cap 518.15M
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Financial statements
Toyo Spinning Mills Limited (TALLUSPIN) reported revenue of 207.91M BDT (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in BDT.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 207.91M | 224.49M | 280.62M | 310.60M | 311.77M | 309.12M |
| Cost of Revenue | 255.97M | 248.43M | 277.84M | 307.64M | 308.81M | 301.77M |
| Gross Profit | -48.06M | -23.94M | 2.78M | 2.95M | 2.96M | 7.35M |
| Selling, General & Admin | 53.88M | 38.99M | 47.58M | 19.70M | 17.62M | 17.05M |
| Other Operating Expenses | 1.90M | 1.90M | 2.69M | 2.84M | 2.76M | 2.64M |
| Operating Expenses | 55.78M | 40.89M | 50.27M | 89.10M | 20.38M | 114.86M |
| Operating Income | -103.84M | -64.83M | -47.49M | -86.14M | -17.43M | -107.51M |
| Interest Expense | -177.28M | -168.67M | -165.36M | -144.44M | -158.07M | -152.13M |
| Other Non Operating Income (Expenses) | -18.29K | -18.29K | -20.12K | -60.85K | -84.21K | -330.12K |
| EBT Excluding Unusual Items | -281.14M | -233.52M | -212.87M | -230.65M | -175.58M | -259.97M |
| Asset Writedown | -62.62M | |||||
| Pretax Income | -281.14M | -233.52M | -212.87M | -230.65M | -238.20M | -259.97M |
| Income Tax Expense | 16.47M | 15.95M | 27.90M | 28.80M | 31.47M | 26.82M |
| Net Income | -297.61M | -249.47M | -240.77M | -259.45M | -269.66M | -286.79M |
| Net Income to Common | -297.61M | -249.47M | -240.77M | -259.45M | -269.66M | -286.79M |
| Shares Outstanding (Basic) | 89.54M | 89.34M | 89.34M | 89.34M | 89.34M | 89.34M |
| Shares Outstanding (Diluted) | 89.54M | 89.34M | 89.34M | 89.34M | 89.34M | 89.34M |
| EPS (Basic) | -3.32 | -2.79 | -2.70 | -2.90 | -3.02 | -3.21 |
| EPS (Diluted) | -3.32 | -2.79 | -2.70 | -2.90 | -3.02 | -3.21 |
| Free Cash Flow | -3.07M | -2.74M | 865.31K | -1.80M | -42.78M | -1.91B |
| Free Cash Flow Per Share | -0.03 | -0.03 | 0.01 | -0.02 | -0.48 | -21.38 |
| Gross Margin | -23.11% | -10.66% | 0.99% | 0.95% | 0.95% | 2.38% |
| Operating Margin | -49.94% | -28.88% | -16.92% | -27.73% | -5.59% | -34.78% |
| Profit Margin | -143.14% | -111.13% | -85.80% | -83.53% | -86.50% | -92.77% |
| Free Cash Flow Margin | -1.48% | -1.22% | 0.31% | -0.58% | -13.72% | -617.98% |
| EBITDA | -7.65M | 37.16M | 56.68M | 23.15M | 97.25M | -29.38M |
| EBITDA Margin | -3.68% | 16.55% | 20.20% | 7.45% | 31.19% | -9.50% |
| D&A For EBITDA | 96.19M | 101.99M | 104.17M | 109.29M | 114.68M | 78.13M |
| EBIT | -103.84M | -64.83M | -47.49M | -86.14M | -17.43M | -107.51M |
| EBIT Margin | -49.94% | -28.88% | -16.92% | -27.73% | -5.59% | -34.78% |
| Advertising Expenses | 50.39K | 55.41K | 195.45K | 186.50K |
Balance sheet
Fiscal year July - June; amounts in BDT.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.37M | 669.25K | 3.41M | 2.54M | 3.43M | 278.46K |
| Cash & Short-Term Investments | 1.37M | 669.25K | 3.41M | 2.54M | 3.43M | 278.46K |
| Receivables | 420.57M | 439.70M | 478.80M | 399.55M | 409.18M | 446.98M |
| Inventory | 545.38M | 517.34M | 479.50M | 487.34M | 487.40M | 501.09M |
| Other Current Assets | 153.90M | 178.84M | 139.13M | 155.39M | 124.29M | 120.70M |
| Total Current Assets | 1.12B | 1.14B | 1.10B | 1.04B | 1.02B | 1.07B |
| Property, Plant & Equipment | 2.55B | 2.62B | 2.72B | 2.83B | 2.94B | 3.05B |
| Long-Term Investments | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M |
| Other Long-Term Assets | -1.00 | 1.00 | -1.00 | |||
| Total Assets | 3.67B | 3.76B | 3.83B | 3.87B | 3.96B | 4.12B |
| Accrued Expenses | 764.66M | 597.42M | 432.70M | 291.74M | 258.82M | |
| Short-Term Debt | 300.50M | 356.98M | ||||
| Current Income Taxes Payable | 80.62M | 79.07M | 76.83M | 75.14M | 73.28M | 71.41M |
| Other Current Liabilities | 836.61M | 467.00K | 467.00K | 467.00K | 467.00K | 542.55K |
| Total Current Liabilities | 932.04M | 844.20M | 674.71M | 508.31M | 665.99M | 687.75M |
| Long-Term Debt | 1.54B | 1.54B | 1.54B | 1.54B | 1.24B | 1.14B |
| Long-Term Deferred Tax Liabilities | 179.42M | 179.42M | 165.72M | 139.50M | 112.56M | 82.96M |
| Other Long-Term Liabilities | -1.00 | -1.00 | -1.00 | -1.00 | 1.00 | |
| Total Liabilities | 2.66B | 2.57B | 2.38B | 2.19B | 2.02B | 1.91B |
| Common Stock | 893.35M | 893.35M | 893.35M | 893.35M | 893.35M | 893.35M |
| Retained Earnings | -1.80B | -1.68B | -1.50B | -1.33B | -1.15B | -963.36M |
| Comprehensive Income & Other | 1.92B | 1.98B | 2.05B | 2.12B | 2.20B | 2.28B |
| Shareholders' Equity | 1.02B | 1.19B | 1.44B | 1.68B | 1.94B | 2.21B |
| Total Liabilities & Equity | 3.67B | 3.76B | 3.83B | 3.87B | 3.96B | 4.12B |
| Total Debt | 1.54B | 1.54B | 1.54B | 1.54B | 1.54B | 1.50B |
| Net Cash (Debt) | -1.54B | -1.54B | -1.54B | -1.54B | -1.54B | -1.50B |
| Net Cash Per Share | -17.23 | -17.28 | -17.24 | -17.25 | -17.23 | -16.76 |
| Filing Date Shares Outstanding | 89.34M | 89.34M | 89.34M | 89.34M | 89.34M | 89.34M |
| Total Common Shares Outstanding | 89.34M | 89.34M | 89.34M | 89.34M | 89.34M | 89.34M |
| Working Capital | 189.19M | 292.35M | 426.12M | 536.51M | 358.31M | 381.29M |
| Book Value Per Share | 11.38 | 13.34 | 16.14 | 18.83 | 21.73 | 24.75 |
| Tangible Book Value | 1.02B | 1.19B | 1.44B | 1.68B | 1.94B | 2.21B |
| Tangible Book Value Per Share | 11.38 | 13.34 | 16.14 | 18.83 | 21.73 | 24.75 |
| Land | 449.86M | 449.86M | ||||
| Buildings | 484.70M | 484.70M | ||||
| Machinery | 2.75B | 2.75B |
Cash flow statement
Fiscal year July - June; amounts in BDT.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -424.97M | -249.47M | -240.77M | -259.45M | -269.66M | -286.79M |
| Depreciation & Amortization | 174.32M | 101.99M | 104.17M | 109.29M | 114.68M | 78.13M |
| Other Operating Activities | -1.04M | -1.00 | 137.47M | 148.36M | 112.20M | 271.03M |
| Change in Accounts Receivable | 58.23M | 39.10M | ||||
| Change in Inventory | -65.88M | -37.84M | ||||
| Change in Accounts Payable | 4.14M | -1.42M | ||||
| Change in Income Taxes | 3.79M | 2.24M | ||||
| Change in Other Net Operating Assets | 234.62M | 128.96M | ||||
| Operating Cash Flow | -3.07M | -2.74M | 865.31K | -1.80M | -42.78M | 62.37M |
| Capital Expenditures | -1.97B | |||||
| Other Investing Activities | 1.97B | |||||
| Long-Term Debt Issued | 917.70K | 102.41M | ||||
| Total Debt Issued | 917.70K | 102.41M | ||||
| Short-Term Debt Repaid | -56.47M | -62.36M | ||||
| Total Debt Repaid | -56.47M | -62.36M | ||||
| Net Debt Issued (Repaid) | 917.70K | 45.93M | -62.36M | |||
| Financing Cash Flow | 917.70K | 45.93M | -62.36M | |||
| Miscellaneous Cash Flow Adjustments | 1.00 | 1.00 | 2.00 | |||
| Net Cash Flow | -3.07M | -2.74M | 865.31K | -886.93K | 3.15M | 14.43K |
| Free Cash Flow | -3.07M | -2.74M | 865.31K | -1.80M | -42.78M | -1.91B |
| Free Cash Flow Margin | -1.48% | -1.22% | 0.31% | -0.58% | -13.72% | -617.98% |
| Free Cash Flow Per Share | -0.03 | -0.03 | 0.01 | -0.02 | -0.48 | -21.38 |
| Levered Free Cash Flow | 87.09M | 82.39M | 86.59M | 87.60M | -1.81B | |
| Unlevered Free Cash Flow | 192.51M | 185.74M | 176.87M | 186.39M | -1.72B | |
| Change in Working Capital | 248.61M | 144.74M |
Ratios
Fiscal year July - June; amounts in BDT.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 518.15M | 446.68M | 527.08M | 884.42M | 893.35M | 625.35M |
| Enterprise Value | 2.06B | 1.99B | 2.07B | 2.42B | 2.39B | 1.81B |
| Last Close Price | 5.80 | 5.00 | 5.90 | 9.90 | 10.00 | 7.00 |
| PS Ratio | 2.49 | 1.99 | 1.88 | 2.85 | 2.87 | 2.02 |
| PB Ratio | 0.51 | 0.38 | 0.37 | 0.53 | 0.46 | 0.28 |
| P/TBV Ratio | 0.51 | 0.38 | 0.37 | 0.53 | 0.46 | 0.28 |
| P/FCF Ratio | 609.12 | |||||
| P/OCF Ratio | 609.12 | 10.03 | ||||
| EV/Sales Ratio | 9.91 | 8.85 | 7.37 | 7.80 | 7.67 | 5.85 |
| EV/EBITDA Ratio | 53.46 | 36.49 | 104.73 | 24.58 | ||
| EV/FCF Ratio | 2,390.51 | |||||
| Debt / Equity Ratio | 1.52 | 1.29 | 1.07 | 0.92 | 0.80 | 0.68 |
| Debt / EBITDA Ratio | 41.55 | 27.24 | 66.71 | 15.87 | ||
| Debt / FCF Ratio | 1,784.33 | |||||
| Net Debt / Equity Ratio | 1.52 | 1.29 | 1.07 | 0.92 | 0.79 | 0.68 |
| Net Debt / EBITDA Ratio | -201.77 | 41.53 | 27.18 | 66.60 | 15.83 | -50.95 |
| Net Debt / FCF Ratio | -501.88 | -563.49 | 1,780.39 | -854.16 | -35.99 | -0.78 |
| Asset Turnover | 0.06 | 0.07 | 0.08 | 0.08 | 0.10 | |
| Inventory Turnover | 0.50 | 0.57 | 0.63 | 0.62 | 0.56 | |
| Quick Ratio | 0.45 | 0.52 | 0.71 | 0.79 | 0.62 | 0.65 |
| Current Ratio | 1.20 | 1.35 | 1.63 | 2.06 | 1.54 | 1.55 |
| Return on Equity (ROE) | -18.95% | -15.42% | -14.32% | -12.99% | -20.96% | |
| Return on Assets (ROA) | -1.07% | -0.77% | -1.37% | -0.27% | -2.07% | |
| Return on Invested Capital (ROIC) | -3.99% | -2.27% | -1.53% | -2.57% | -0.48% | -3.71% |
| Return on Capital Employed (ROCE) | -3.80% | -2.20% | -1.50% | -2.60% | -0.50% | -3.10% |
| Earnings Yield | -57.31% | -55.85% | -45.68% | -29.34% | -30.19% | -45.86% |
| FCF Yield | -0.59% | -0.61% | 0.16% | -0.20% | -4.79% | -305.48% |
| Buyback Yield / Dilution | 0.04% | -0.07% |