International Conveyors Limited manufactures and markets PVC conveyor belting products in India.
Acceptable track record with imperfect balance sheet.
Share Price & News
How has International Conveyors's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 509709's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 509709 exceeded the Indian Machinery industry which returned -6.2% over the past year.
Return vs Market: 509709 exceeded the Indian Market which returned 2.6% over the past year.
Price Volatility Vs. Market
How volatile is International Conveyors's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is International Conveyors undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 509709 (₹28.55) is trading above our estimate of fair value (₹1.02)
Significantly Below Fair Value: 509709 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 509709 is poor value based on its PE Ratio (30.4x) compared to the IN Machinery industry average (14.9x).
PE vs Market: 509709 is poor value based on its PE Ratio (30.4x) compared to the Indian market (14x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 509709's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 509709 is overvalued based on its PB Ratio (1.6x) compared to the IN Machinery industry average (1x).
How is International Conveyors 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 International Conveyors 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.
- Take a look at our analysis of 509709’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- International Conveyors 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 International Conveyors performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 509709 has high quality earnings.
Growing Profit Margin: 509709 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 509709 has become profitable over the past 5 years, growing earnings by 18.2% per year.
Accelerating Growth: 509709 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 509709 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (-10.3%).
Return on Equity
High ROE: 509709's Return on Equity (5.2%) is considered low.
How is International Conveyors's financial position?
Financial Position Analysis
Short Term Liabilities: 509709's short term assets (₹705.2M) do not cover its short term liabilities (₹841.8M).
Long Term Liabilities: 509709's short term assets (₹705.2M) exceed its long term liabilities (₹4.3M).
Debt to Equity History and Analysis
Debt Level: 509709's debt to equity ratio (51.4%) is considered high.
Reducing Debt: 509709's debt to equity ratio has reduced from 78.5% to 51.4% over the past 5 years.
Debt Coverage: 509709's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: 509709's interest payments on its debt are not well covered by EBIT (0.5x coverage).
What is International Conveyors's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 509709's dividend (0.7%) is higher than the bottom 25% of dividend payers in the Indian market (0.63%).
High Dividend: 509709's dividend (0.7%) is low compared to the top 25% of dividend payers in the Indian market (2.62%).
Stability and Growth of Payments
Stable Dividend: 509709's dividend payments have been volatile in the past 10 years.
Growing Dividend: 509709's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.3%), 509709's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rajendra Dabriwala (79 yo)
Mr. Rajendra Kumar Dabriwala, JEDP-IIM-COPM (HBS) has been the Managing Director of International Conveyors Ltd since October 1, 2011. He is an Industrialist with over 35 years of experience. He served as ...
CEO Compensation Analysis
Compensation vs Market: Rajendra's total compensation ($USD126.63K) is above average for companies of similar size in the Indian market ($USD49.12K).
Compensation vs Earnings: Rajendra's compensation has been consistent with company performance over the past year.
|MD & Executive Director||8.83yrs||₹9.50m||3.59% |
|Chief Financial Officer||6yrs||₹1.60m||no data|
|Company Secretary & Compliance Officer||0.083yr||no data||no data|
Experienced Management: 509709's management team is seasoned and experienced (6 years average tenure).
|MD & Executive Director||8.83yrs||₹9.50m||3.59% |
|Non-Executive Independent Director||41yrs||₹140.00k||0.00030% |
|Non-Executive Independent Director||12.33yrs||₹110.00k||no data|
|Non-Executive Independent Director||41yrs||₹140.00k||0.0043% |
|Additional Director||0.75yr||no data||4.38% |
|Additional Director||0.50yr||no data||no data|
|Non-Executive Independent Director||8.5yrs||₹30.00k||no data|
|Non-Executive Director||6.58yrs||₹30.00k||no data|
|Additional & Non-Executive Director||0.083yr||no data||no data|
Experienced Board: 509709's board of directors are considered experienced (8.5 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.
International Conveyors Limited's company bio, employee growth, exchange listings and data sources
- Name: International Conveyors Limited
- Ticker: 509709
- Exchange: BSE
- Founded: 1973
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: ₹1.927b
- Shares outstanding: 67.50m
- Website: https://www.iclbelting.com
- International Conveyors Limited
- 10, Middleton Row
- Post Box No. 9282
- West Bengal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|509709||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2005|
International Conveyors Limited manufactures and markets PVC conveyor belting products in India. It operates through Conveyor Belting, Wind Energy, and Trading Goods segments. The company offers PVC fire r ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/11 12:56|
|End of Day Share Price||2020/08/10 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.