BSE:505141

Stock Analysis Report

Executive Summary

Scooters India Limited designs, develops, manufactures, and markets conventional and non-conventional fuel driven three-wheelers in India.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Scooters India's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 505141's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.7%

505141

-3.5%

IN Auto

-1.1%

IN Market


1 Year Return

-48.1%

505141

-45.3%

IN Auto

-31.7%

IN Market

Return vs Industry: 505141 underperformed the Indian Auto industry which returned -45.3% over the past year.

Return vs Market: 505141 underperformed the Indian Market which returned -31.7% over the past year.


Shareholder returns

505141IndustryMarket
7 Day6.7%-3.5%-1.1%
30 Day-17.2%-34.3%-25.1%
90 Day-40.9%-43.1%-30.6%
1 Year-48.1%-48.1%-44.1%-45.3%-30.3%-31.7%
3 Year-57.5%-57.5%-50.6%-52.4%-20.1%-24.4%
5 Year-39.4%-39.4%-38.4%-41.3%-11.0%-15.7%

Price Volatility Vs. Market

How volatile is Scooters India's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Scooters India undervalued compared to its fair value and its price relative to the market?

2.76x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 505141's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 505141's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 505141 is unprofitable, so we can't compare its PE Ratio to the Auto industry average.

PE vs Market: 505141 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 505141's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 505141 is overvalued based on its PB Ratio (2.8x) compared to the IN Auto industry average (1.6x).


Next Steps

Future Growth

How is Scooters India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.9%

Forecasted Automobiles industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Scooters India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Scooters India performed over the past 5 years?

-55.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 505141 is currently unprofitable.

Growing Profit Margin: 505141 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 505141 is unprofitable, and losses have increased over the past 5 years at a rate of -55.6% per year.

Accelerating Growth: Unable to compare 505141's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 505141 is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (0%).


Return on Equity

High ROE: 505141 has a negative Return on Equity (-24.4%), as it is currently unprofitable.


Next Steps

Financial Health

How is Scooters India's financial position?


Financial Position Analysis

Short Term Liabilities: 505141's short term assets (₹706.0M) exceed its short term liabilities (₹204.9M).

Long Term Liabilities: 505141's short term assets (₹706.0M) exceed its long term liabilities (₹169.5M).


Debt to Equity History and Analysis

Debt Level: 505141's debt to equity ratio (28.6%) is considered satisfactory.

Reducing Debt: 505141's debt to equity ratio has reduced from 33.1% to 28.6% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if 505141 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 505141 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Scooters India's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 505141's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 505141's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 505141's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 505141's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 505141's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure


CEO

Renati Sreenivasulu

3.5s

Tenure

₹2,663,692

Compensation

Mr. Renati Sreenivasulu has been Chairman and Managing Director of Scooters India Ltd. since October 6, 2016. Mr. Sreenivasulu served as Deputy General Manager of Rashtriya Ispat Nigam Limited. 


CEO Compensation Analysis

Compensation vs Market: Renati's total compensation ($USD35.05K) is about average for companies of similar size in the Indian market ($USD47.67K).

Compensation vs Earnings: Renati's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Renati Sreenivasulu
Chairman & MD3.5yrs₹2.66mno data
Raj Tiwari
Chief Financial Officer2.17yrs₹774.00kno data
Shrabanti Mandol
Company Secretary & Compliance officer2.17yrs₹240.00kno data
Shakti Pradarshan
Head of Marketing Department1.25yrsno datano data
Ram Swarnkar
Chief Vigilance Officer3.75yrsno datano data
S. Sakthimani
Former Chairman1.92yrsno datano data
Mushtaq Ahmad
Head of MIS Departmentno datano datano data
Neeraj Mishra
Head of Materials Department1.25yrsno datano data

2.2yrs

Average Tenure

Experienced Management: 505141's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Renati Sreenivasulu
Chairman & MD3.5yrs₹2.66mno data
S. Sakthimani
Former Chairman1.92yrsno datano data
Sunil Singh
Government Nominee Director2.25yrsno datano data
Ritu Pande
Government Nominee Director1.42yrsno datano data

2.1yrs

Average Tenure

Experienced Board: 505141's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.


Top Shareholders

Company Information

Scooters India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Scooters India Limited
  • Ticker: 505141
  • Exchange: BSE
  • Founded: 1972
  • Industry: Motorcycle Manufacturers
  • Sector: Automobiles
  • Market Cap: ₹1.466b
  • Shares outstanding: 87.27m
  • Website: https://www.scootersindia.com

Number of Employees


Location

  • Scooters India Limited
  • Lucknow-Kanpur Road
  • 16th Mile Stone
  • Lucknow
  • Uttar Pradesh
  • 226008
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
505141BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2004

Biography

Scooters India Limited designs, develops, manufactures, and markets conventional and non-conventional fuel driven three-wheelers in India. The company offers three-wheelers that run on diesel, electric, LPG, and CNG for application as passengers and load carrier versions, as well as delivery vans, etc. primarily under the Vikram brand. It also provides automobile spare-parts; and petrol, diesel, lubricants, etc. In addition, the company exports its products primarily to Germany, Italy, Sudan, Nigeria, Nepal, and Bangladesh. Scooters India Limited was incorporated in 1972 and is based in Lucknow, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 12:34
End of Day Share Price2020/04/07 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.