BSE:502281

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Executive Summary

Triveni Glass Limited manufactures and sells glass products in India.


Snowflake Analysis

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.


Market Performance


7 Day Return

-17.4%

502281

0.8%

IN Building

1.8%

IN Market


1 Year Return

-59.1%

502281

-39.6%

IN Building

-23.7%

IN Market

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.


Shareholder returns

502281IndustryMarket
7 Day-17.4%0.8%1.8%
30 Day-24.2%-8.6%-0.5%
90 Day2.6%-35.8%-22.2%
1 Year-59.1%-59.1%-37.1%-39.6%-22.2%-23.7%
3 Year-84.7%-84.7%-28.1%-32.5%-12.1%-16.8%
5 Year-68.6%-68.6%25.1%12.4%4.5%-5.7%

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

Valuation

Is Triveni Glass undervalued compared to its fair value and its price relative to the market?

>50%

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.


Next Steps

Future Growth

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

13.5%

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.


Next Steps

Past Performance

How has Triveni Glass performed over the past 5 years?

39.3%

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.


Next Steps

Financial Health

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.


Balance Sheet


Next Steps

Dividend

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.


Next Steps

Management

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

9.6yrs

Average board tenure


CEO

Jitendra Agrawal (66yo)

no data

Tenure

₹1,889,000

Compensation

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.


Board Members

NamePositionTenureCompensationOwnership
Jitendra Agrawal
MD & Executive Directorno data₹1.89m2% 1.0m
Anil Dhawan
CFO, Director of Finance & Executive Director18.33yrsno datano data
Peeyush Kesharwani
Non-Executive Independent Director9.58yrs₹40.00kno data
Jyoti Agarwal
Non-Executive Independent Director5.17yrs₹40.00kno data
Abhishek Jain
Non-Executive Independent Director1.67yrs₹20.00kno data

9.6yrs

Average Tenure

60yo

Average Age

Experienced Board: 502281's board of directors are considered experienced (9.6 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Triveni Glass Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Triveni Glass Limited
  • 1, Kanpur Road
  • Allahabad
  • Uttar Pradesh
  • 211001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
502281BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 1995

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 12:39
End of Day Share Price2020/05/26 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.