Triveni Glass Limited manufactures and sells glass products in India.
Good value with poor track record.
Share Price & News
How has Triveni Glass's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 502281's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 502281 underperformed the Indian Building industry which returned -39.6% over the past year.
Return vs Market: 502281 underperformed the Indian Market which returned -23.7% over the past year.
Price Volatility Vs. Market
How volatile is Triveni Glass's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Triveni Glass undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 502281 (₹3.89) is trading below our estimate of fair value (₹70.8)
Significantly Below Fair Value: 502281 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 502281 is good value based on its PE Ratio (1.1x) compared to the Building industry average (8.1x).
PE vs Market: 502281 is good value based on its PE Ratio (1.1x) compared to the Indian market (9.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 502281's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 502281 has negative assets, so we can't compare its PB Ratio to the IN Building industry average.
How is Triveni Glass forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 Triveni Glass 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.
- Examine whether Triveni Glass is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Triveni Glass competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Triveni Glass performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 502281 has a large one-off gain of ₹22.2M impacting its December 31 2019 financial results.
Growing Profit Margin: 502281's current net profit margins (6.1%) are lower than last year (8.6%).
Past Earnings Growth Analysis
Earnings Trend: 502281 has become profitable over the past 5 years, growing earnings by 39.3% per year.
Accelerating Growth: 502281's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 502281 had negative earnings growth (-29.3%) over the past year, making it difficult to compare to the Building industry average (1.2%).
Return on Equity
High ROE: 502281's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Triveni Glass's financial position?
Financial Position Analysis
Short Term Liabilities: 502281 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 502281 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 502281 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 502281's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 502281's debt is well covered by operating cash flow (47.7%).
Interest Coverage: Insufficient data to determine if 502281's interest payments on its debt are well covered by EBIT.
What is Triveni Glass's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 502281's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 502281's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 502281's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 502281'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 502281's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jitendra Agrawal (66yo)
Mr. Jitendra Kumar Agrawal serves as Managing Director of Triveni Glass and has been its Executive Director since January 1, 1995.
CEO Compensation Analysis
Compensation vs Market: Jitendra's total compensation ($USD24.91K) is below average for companies of similar size in the Indian market ($USD50.17K).
Compensation vs Earnings: Jitendra's compensation has been consistent with company performance over the past year.
|MD & Executive Director||no data||₹1.89m||2% ₹1.0m|
|CFO, Director of Finance & Executive Director||18.33yrs||no data||no data|
|Non-Executive Independent Director||9.58yrs||₹40.00k||no data|
|Non-Executive Independent Director||5.17yrs||₹40.00k||no data|
|Non-Executive Independent Director||1.67yrs||₹20.00k||no data|
Experienced Board: 502281's board of directors are considered experienced (9.6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Triveni Glass Limited's company bio, employee growth, exchange listings and data sources
- Name: Triveni Glass Limited
- Ticker: 502281
- Exchange: BSE
- Founded: 1971
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: ₹51.109m
- Shares outstanding: 12.62m
- Website: https://www.triveniglassltd.com
- Triveni Glass Limited
- 1, Kanpur Road
- Uttar Pradesh
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|502281||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 1995|
Triveni Glass Limited manufactures and sells glass products in India. It offers laminated safety glass for automobiles; tempered glass, mirrors, etc.; neutral glass tubes; figured glass; and float, sheet, reflective, and table top flat glass products. Triveni Glass Limited exports its products to Italy, France, Morocco, Tunisia, Algeria, South Africa, Australia, Egypt, Sudan, Madagascar, Mauritius, Nigeria, Ghana, Zimbabwe, Yemen, Indonesia, Malaysia, Singapore, Sri Lanka, Bangladesh, the United Arab Emirates, Oman, Bahrain, Kuwait, etc. The company was formerly known as Triveni Sheet Glass Works Limited. Triveni Glass Limited was incorporated in 1971 and is based in Allahabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 12:39|
|End of Day Share Price||2020/05/26 00:00|
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.