BSE:513729

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Aro Granite Industries

Executive Summary

Aro Granite Industries Limited manufactures, processes, and sells polished/flamed granite tiles and slabs primarily in India.


Snowflake Analysis

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.


Market Performance


7 Day Return

-7.2%

513729

0.8%

IN Building

1.8%

IN Market


1 Year Return

-62.6%

513729

-39.6%

IN Building

-23.7%

IN Market

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.


Shareholder returns

513729IndustryMarket
7 Day-7.2%0.8%1.8%
30 Day-15.6%-8.6%-0.5%
90 Day-37.7%-35.8%-22.2%
1 Year-61.5%-62.6%-37.1%-39.6%-22.2%-23.7%
3 Year-71.6%-72.8%-28.1%-32.5%-12.1%-16.8%
5 Year-59.4%-62.5%25.1%12.4%4.5%-5.7%

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

Valuation

Is Aro Granite Industries undervalued compared to its fair value and its price relative to the market?

4.77x

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).


Next Steps

Future Growth

How is Aro Granite Industries 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 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.


Next Steps

Past Performance

How has Aro Granite Industries performed over the past 5 years?

-17.8%

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.


Next Steps

Financial Health

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).


Balance Sheet


Next Steps

Dividend

What is Aro Granite Industries's current dividend yield, its reliability and sustainability?

4.99%

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.


Next Steps

Management

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

5.5yrs

Average board tenure


CEO

Sunil Arora (60yo)

no data

Tenure

₹16,553,829

Compensation

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.


Board Members

NamePositionTenureCompensationOwnership
Sunil Arora
MD, Head of Marketing & Executive Directorno data₹16.55m31.94% 100.2m
Sahil Arora
Whole Time Director2.58yrs₹2.28m1.98% 6.2m
K. Acharya
Executive Director5.5yrs₹1.58mno data
Dinesh Kothari
Non-Executive & Independent Directorno data₹175.00kno data
Sujata Arora
Non-Executive Director14.17yrs₹150.00k3.91% 12.3m
Sundareshwara Sastry
Additional Independent Director2.58yrs₹230.00kno data
Rahul Gupta
Non Executive & Independent Director11.33yrs₹220.00kno data
Vanitha Sood
Non-Executive & Independent Director5.58yrs₹90.00kno data

5.5yrs

Average Tenure

59yo

Average Age

Experienced Board: 513729's board of directors are considered experienced (5.5 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

Aro Granite Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Aro Granite Industries Limited
  • Koneripalli Village
  • Via: Shoolagiri
  • Hosur
  • Tamil Nadu
  • 635117
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
513729BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2001
AROGRANITENSEI (National Stock Exchange of India)YesEquity SharesININRDec 2001

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 12:45
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.