Aro Granite Industries Limited manufactures, processes, and sells polished/flamed granite tiles and slabs primarily in India.
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Average dividend payer and fair value.
Share Price & News
How has Aro Granite Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 513729's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 513729 underperformed the Indian Building industry which returned -39.6% over the past year.
Return vs Market: 513729 underperformed the Indian Market which returned -23.7% over the past year.
Price Volatility Vs. Market
How volatile is Aro Granite Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Aro Granite Industries 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: 513729 (₹20.05) is trading above our estimate of fair value (₹5.01)
Significantly Below Fair Value: 513729 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 513729 is good value based on its PE Ratio (4.8x) compared to the Building industry average (8.1x).
PE vs Market: 513729 is good value based on its PE Ratio (4.8x) compared to the Indian market (9.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 513729's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 513729 is good value based on its PB Ratio (0.3x) compared to the IN Building industry average (0.6x).
How is Aro Granite Industries 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 Aro Granite Industries 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 Aro Granite Industries 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.
- Aro Granite Industries 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 Aro Granite Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 513729 has high quality earnings.
Growing Profit Margin: 513729's current net profit margins (3.7%) are lower than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: 513729's earnings have declined by -17.8% per year over the past 5 years.
Accelerating Growth: 513729's earnings growth over the past year (0.3%) exceeds its 5-year average (-17.8% per year).
Earnings vs Industry: 513729 earnings growth over the past year (0.3%) underperformed the Building industry 1.2%.
Return on Equity
High ROE: 513729's Return on Equity (3.7%) is considered low.
How is Aro Granite Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 513729's short term assets (₹2.1B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 513729's short term assets (₹2.1B) exceed its long term liabilities (₹398.3M).
Debt to Equity History and Analysis
Debt Level: 513729's debt to equity ratio (83.9%) is considered high.
Reducing Debt: 513729's debt to equity ratio has increased from 73.4% to 83.9% over the past 5 years.
Debt Coverage: 513729's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 513729's interest payments on its debt are well covered by EBIT (3.5x coverage).
What is Aro Granite Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 513729's dividend (4.99%) is higher than the bottom 25% of dividend payers in the Indian market (0.86%).
High Dividend: 513729's dividend (4.99%) is in the top 25% of dividend payers in the Indian market (3.7%)
Stability and Growth of Payments
Stable Dividend: 513729's dividend payments have been volatile in the past 10 years.
Growing Dividend: 513729's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.8%), 513729'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 board tenure
Sunil Arora (60yo)
Mr. Sunil Kumar Arora, B.Sc., serves as the Managing Director, Head of Marketing and Executive Director of ARO Granite Industries Ltd.
CEO Compensation Analysis
Compensation vs Market: Sunil's total compensation ($USD218.26K) is above average for companies of similar size in the Indian market ($USD50.17K).
Compensation vs Earnings: Sunil's compensation has been consistent with company performance over the past year.
|MD, Head of Marketing & Executive Director||no data||₹16.55m||31.94% ₹100.2m|
|Whole Time Director||2.58yrs||₹2.28m||1.98% ₹6.2m|
|Executive Director||5.5yrs||₹1.58m||no data|
|Non-Executive & Independent Director||no data||₹175.00k||no data|
|Non-Executive Director||14.17yrs||₹150.00k||3.91% ₹12.3m|
|Additional Independent Director||2.58yrs||₹230.00k||no data|
|Non Executive & Independent Director||11.33yrs||₹220.00k||no data|
|Non-Executive & Independent Director||5.58yrs||₹90.00k||no data|
Experienced Board: 513729's board of directors are considered experienced (5.5 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.
Aro Granite Industries Limited's company bio, employee growth, exchange listings and data sources
- Name: Aro Granite Industries Limited
- Ticker: 513729
- Exchange: BSE
- Founded: 1988
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: ₹313.650m
- Shares outstanding: 15.30m
- Website: https://www.arotile.com
Number of Employees
- Aro Granite Industries Limited
- Koneripalli Village
- Via: Shoolagiri
- Tamil Nadu
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|513729||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Dec 2001|
|AROGRANITE||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Dec 2001|
Aro Granite Industries Limited manufactures, processes, and sells polished/flamed granite tiles and slabs primarily in India. The company also exports its products to North America, South America, Europe, and the Far East markets. Aro Granite Industries Limited was incorporated in 1988 and is based in Hosur, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 12:45|
|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.