BSE:522294

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

T & I Global Limited manufactures and sells tea processing machinery primarily in India.


Snowflake Analysis

Flawless balance sheet with outstanding track record.

Share Price & News

How has T & I Global's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 522294's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.3%

522294

5.1%

IN Machinery

0.2%

IN Market


1 Year Return

5.3%

522294

0.4%

IN Machinery

3.3%

IN Market

Return vs Industry: 522294 exceeded the Indian Machinery industry which returned 0.5% over the past year.

Return vs Market: 522294 matched the Indian Market which returned 4.3% over the past year.


Shareholder returns

522294IndustryMarket
7 Day-3.3%5.1%0.2%
30 Day21.7%7.7%6.0%
90 Day42.4%21.7%22.4%
1 Year6.0%5.3%1.9%0.4%5.2%3.3%
3 Year84.1%80.1%-18.8%-22.3%3.2%-1.7%
5 Year413.3%379.8%-2.9%-9.1%33.2%23.2%

Price Volatility Vs. Market

How volatile is T & I Global's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is T & I Global undervalued compared to its fair value and its price relative to the market?

3.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 522294 (₹78.25) is trading above our estimate of fair value (₹4.12)

Significantly Below Fair Value: 522294 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 522294 is good value based on its PE Ratio (3.4x) compared to the IN Machinery industry average (14.7x).

PE vs Market: 522294 is good value based on its PE Ratio (3.4x) compared to the Indian market (14.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 522294's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 522294 is good value based on its PB Ratio (0.9x) compared to the IN Machinery industry average (1x).


Next Steps

Future Growth

How is T & I Global forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.7%

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 T & I Global 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 T & I Global performed over the past 5 years?

44.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 522294 has high quality earnings.

Growing Profit Margin: 522294's current net profit margins (12.1%) are higher than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: 522294's earnings have grown significantly by 44% per year over the past 5 years.

Accelerating Growth: 522294's earnings growth over the past year (63.1%) exceeds its 5-year average (44% per year).

Earnings vs Industry: 522294 earnings growth over the past year (63.1%) exceeded the Machinery industry -12.5%.


Return on Equity

High ROE: 522294's Return on Equity (26%) is considered high.


Next Steps

Financial Health

How is T & I Global's financial position?


Financial Position Analysis

Short Term Liabilities: 522294's short term assets (₹511.7M) exceed its short term liabilities (₹354.9M).

Long Term Liabilities: 522294 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 522294 is debt free.

Reducing Debt: 522294 has no debt compared to 5 years ago when its debt to equity ratio was 44.2%.

Debt Coverage: 522294 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 522294 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is T & I Global current dividend yield, its reliability and sustainability?

0.64%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 522294's dividend (0.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 522294's dividend (0.64%) is low compared to the top 25% of dividend payers in the Indian market (2.51%).


Stability and Growth of Payments

Stable Dividend: 522294's dividend payments have been volatile in the past 10 years.

Growing Dividend: 522294's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (2.2%), 522294's dividend payments are thoroughly 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?

9.0yrs

Average board tenure


CEO

Vineet Bagaria (51 yo)

12yrs

Tenure

₹3,300,000

Compensation

Mr. Vineet Bagaria has been the Managing Director of T & I Global Limited since August 1, 2008 and served as its Compliance Officer since October 3, 2016. Mr. Bagaria has been an Executive Director of T & ...


CEO Compensation Analysis

Compensation vs Market: Vineet's total compensation ($USD44.08K) is about average for companies of similar size in the Indian market ($USD48.97K).

Compensation vs Earnings: Vineet's compensation has increased by more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Sajjan Bagaria
Executive Chairman12yrs₹2.54m12.92%
₹ 51.2m
Vineet Bagaria
MD & Executive Director12yrs₹3.30m6.97%
₹ 27.6m
Viraj Bagaria
Wholetime Directorno data₹657.60kno data
Harish Mittal
Independent & Non-Executive Director13.58yrsno datano data
Manish Newar
Independent & Non-Executive Director13.58yrsno datano data
Sangeet Bagaria
Non-Executive Non-Independent Directorno datano data7.7%
₹ 30.5m
Shikha Bagaria
Non Independent Director5.92yrsno data0.23%
₹ 898.2k
Navendu Mathur
Independent Director3.83yrsno datano data
Ashish Tibrawalla
Independent Director2.75yrsno datano data
Baskar Srinivasan
Independent Director1.42yrsno datano data

9.0yrs

Average Tenure

51yo

Average Age

Experienced Board: 522294's board of directors are considered experienced (9 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

T & I Global Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: T & I Global Limited
  • Ticker: 522294
  • Exchange: BSE
  • Founded: 1949
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹396.548m
  • Shares outstanding: 5.07m
  • Website: https://www.tiglobal.com

Number of Employees


Location

  • T & I Global Limited
  • 4-A Auckland Square
  • 11, Jassal House
  • Kolkata
  • West Bengal
  • 700017
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
522294BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2005

Biography

T & I Global Limited manufactures and sells tea processing machinery primarily in India. It offers CTC tea machinery, including withering, monorail, balanced sifter, shredder, rotorvane, and CTC and CFM ma ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 19:16
End of Day Share Price2020/08/14 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.