Axtel Industries Limited manufactures and supplies process engineering equipment and turnkey systems for the food and pharmaceutical industries in India and internationally.
Flawless balance sheet with questionable track record.
Share Price & News
How has Axtel Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 523850's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 523850 exceeded the Indian Machinery industry which returned -34.3% over the past year.
Return vs Market: 523850 exceeded the Indian Market which returned -23.7% over the past year.
Price Volatility Vs. Market
How volatile is Axtel Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Axtel 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: 523850 (₹98.15) is trading above our estimate of fair value (₹51.07)
Significantly Below Fair Value: 523850 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 523850 is poor value based on its PE Ratio (18.5x) compared to the Machinery industry average (10.2x).
PE vs Market: 523850 is poor value based on its PE Ratio (18.5x) compared to the Indian market (9.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 523850's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 523850 is overvalued based on its PB Ratio (3x) compared to the IN Machinery industry average (0.9x).
How is Axtel 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 Axtel 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 Axtel Industries's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Axtel 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 Axtel Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 523850 has high quality earnings.
Growing Profit Margin: 523850's current net profit margins (8%) are lower than last year (14.1%).
Past Earnings Growth Analysis
Earnings Trend: 523850 has become profitable over the past 5 years, growing earnings by 40.8% per year.
Accelerating Growth: 523850's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 523850 had negative earnings growth (-44.4%) over the past year, making it difficult to compare to the Machinery industry average (-7.1%).
Return on Equity
High ROE: 523850's Return on Equity (16.1%) is considered low.
How is Axtel Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 523850's short term assets (₹482.1M) exceed its short term liabilities (₹335.4M).
Long Term Liabilities: 523850's short term assets (₹482.1M) exceed its long term liabilities (₹49.5M).
Debt to Equity History and Analysis
Debt Level: 523850's debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: 523850's debt to equity ratio has reduced from 78.5% to 2.8% over the past 5 years.
Debt Coverage: 523850's debt is well covered by operating cash flow (608.3%).
Interest Coverage: 523850 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Axtel Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 523850's dividend (2.55%) is higher than the bottom 25% of dividend payers in the Indian market (0.86%).
High Dividend: 523850's dividend (2.55%) is low compared to the top 25% of dividend payers in the Indian market (3.7%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 523850 has been paying a dividend for less than 10 years.
Growing Dividend: 523850's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.3%), 523850'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
Ajay Desai (61yo)
Shri Ajay Naishad Desai served as Compliance Officer of Axtel Industries Ltd until April 2016. Shri. Desai has been Whole Time Director of Axtel Industries Ltd since March 1, 2007. Shri Desai's duties incl ...
CEO Compensation Analysis
Compensation vs Market: Ajay's total compensation ($USD197.77K) is above average for companies of similar size in the Indian market ($USD50.17K).
Compensation vs Earnings: Ajay's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Whole Time Director||no data||₹15.00m||5.71% ₹91.6m|
|Whole Time Director||11.75yrs||₹15.17m||2.88% ₹46.3m|
|Non-Executive Director||no data||no data||4.74% ₹76.1m|
|Non Executive Director||10.42yrs||₹40.00k||no data|
|Non-Executive Director||25.08yrs||no data||no data|
|Independent Chairman||4.33yrs||₹40.00k||no data|
|Independent Director||1.5yrs||₹40.00k||no data|
|Independent Director||1.5yrs||₹30.00k||no data|
Experienced Board: 523850's board of directors are seasoned and experienced ( 10.4 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.
Axtel Industries Limited's company bio, employee growth, exchange listings and data sources
- Name: Axtel Industries Limited
- Ticker: 523850
- Exchange: BSE
- Founded: 1991
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: ₹1.606b
- Shares outstanding: 16.15m
- Website: https://www.axtelindia.com
Number of Employees
- Axtel Industries Limited
- Plot No. 43/1
- Village Nurpura
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|523850||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Feb 2005|
Axtel Industries Limited manufactures and supplies process engineering equipment and turnkey systems for the food and pharmaceutical industries in India and internationally. It also offers various categories of process plants/equipment. The company was incorporated in 1991 and is based in Halol, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 12:34|
|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.