BSE:524091

Stock Analysis Report

Executive Summary

Acrysil Limited, together with its subsidiaries, manufactures and trades in kitchen sinks and appliances, bath products, tiles, and accessories in India.

Rewards

Earnings grew by 44.1% over the past year

Pays a reliable dividend of 0.99%

Risk Analysis

Has a high level of debt

Does not have a meaningful market cap (₹3B)



Snowflake Analysis

Solid track record with excellent balance sheet and pays a dividend.

Share Price & News

How has Acrysil's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 524091 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.3%

524091

-1.5%

IN Building

-1.5%

IN Market


1 Year Return

14.4%

524091

12.9%

IN Building

10.7%

IN Market

Return vs Industry: 524091 matched the Indian Building industry which returned 14.9% over the past year.

Return vs Market: 524091 exceeded the Indian Market which returned 11.1% over the past year.


Shareholder returns

524091IndustryMarket
7 Day4.3%-1.5%-1.5%
30 Day26.9%-0.7%-2.7%
90 Day25.1%5.4%1.3%
1 Year15.8%14.4%17.0%12.9%12.7%10.7%
3 Year19.1%15.5%30.6%22.8%22.0%15.1%
5 Year5.1%0.5%86.6%65.9%34.5%22.0%

Price Volatility Vs. Market

How volatile is Acrysil's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Acrysil undervalued compared to its fair value and its price relative to the market?

14.21x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 524091 (₹121.3) is trading above our estimate of fair value (₹30.76)

Significantly Below Fair Value: 524091 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 524091 is poor value based on its PE Ratio (14.2x) compared to the Building industry average (11.7x).

PE vs Market: 524091 is poor value based on its PE Ratio (14.2x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 524091's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 524091 is overvalued based on its PB Ratio (2.2x) compared to the IN Building industry average (0.9x).


Next Steps

Future Growth

How is Acrysil forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.4%

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 Acrysil 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 Acrysil performed over the past 5 years?

21.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 524091 has high quality earnings.

Growing Profit Margin: 524091's current net profit margins (8.1%) are higher than last year (6.5%).


Past Earnings Growth Analysis

Earnings Trend: 524091's earnings have grown significantly by 21.4% per year over the past 5 years.

Accelerating Growth: 524091's earnings growth over the past year (44.1%) exceeds its 5-year average (21.4% per year).

Earnings vs Industry: 524091 earnings growth over the past year (44.1%) exceeded the Building industry 1.2%.


Return on Equity

High ROE: 524091's Return on Equity (15.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Acrysil's financial position?


Financial Position Analysis

Short Term Liabilities: 524091's short term assets (₹1.6B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: 524091's short term assets (₹1.6B) exceed its long term liabilities (₹168.1M).


Debt to Equity History and Analysis

Debt Level: 524091's debt to equity ratio (65.9%) is considered high.

Reducing Debt: 524091's debt to equity ratio has reduced from 154.5% to 65.9% over the past 5 years.

Debt Coverage: 524091's debt is well covered by operating cash flow (29.7%).

Interest Coverage: 524091's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet

Inventory Level: 524091 has a high level of physical assets or inventory.

Debt Coverage by Assets: 524091's debt is covered by short term assets (assets are 1.6x debt).


Next Steps

Dividend

What is Acrysil's current dividend yield, its reliability and sustainability?

0.99%

Current Dividend Yield


Dividend Yield vs Market

company1.0%marketbottom25%0.6%markettop25%2.6%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: 524091's dividend (0.99%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 524091's dividend (0.99%) is low compared to the top 25% of dividend payers in the Indian market (2.55%).


Stability and Growth of Payments

Stable Dividend: 524091's dividends per share have been stable in the past 10 years.

Growing Dividend: 524091's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14.1%), 524091'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?

4.3yrs

Average management tenure


CEO

Chirag Parekh (50yo)

11.3yrs

Tenure

₹16,800,000

Compensation

Mr. Chirag A. Parekh has been the Chairman and Managing Director of Acrysil Limited since November 1, 2013 and November 2008 respectively. Mr. Parekh served as Vice Chairman of Acrysil Limited until Novemb ...


CEO Compensation Analysis

Compensation vs Market: Chirag's total compensation ($USD235.45K) is above average for companies of similar size in the Indian market ($USD50.25K).

Compensation vs Earnings: Chirag's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Chirag Parekh
Chairman & MD11.3yrs₹16.80m32.33% 1.1b
Anand Sharma
Chief Financial Officer4.3yrsno datano data
Rakesh Pardeshi
Chief Operating Officer0.6yrsno datano data
Neha Poddar
Company Secretary & Compliance Officer0yrsno datano data
Amithaabh Upadhyay
Vice President of Sales & Marketing0yrsno datano data
Yogesh Visavadiya
Head of Human Resource0yrsno datano data
Sneha Krishnani
Head - Brand Strategy & Business Development - Sternhagen0yrsno datano data
Manjari Sah
Head of Marketing & Branding0yrsno datano data
Marcus Smyth
Managing Director of UK Operations - Homestyle Products Ltd.0yrsno datano data
Merle Wigger
Head of Business Development & Sales - Acrysil GmbH - Germany0yrsno datano data

4.3yrs

Average Tenure

Experienced Management: 524091's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chirag Parekh
Chairman & MD11.3yrs₹16.80m32.33% 1.1b
Jagdish Naik
Independent Non Executive Director20.8yrs₹230.00k0.060% 2.0m
Ajit Sanghvi
Independent Non Executive Director20.1yrs₹230.00kno data
Pradeep Gohil
Independent Non Executive Director7.1yrs₹250.00kno data
Sonal Ambani
Independent Woman Director3.8yrs₹190.00kno data

7.1yrs

Average Tenure

61yo

Average Age

Experienced Board: 524091's board of directors are considered experienced (7.1 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

Acrysil Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Acrysil Limited
  • Ticker: 524091
  • Exchange: BSE
  • Founded: 1987
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: ₹3.259b
  • Shares outstanding: 26.69m
  • Website: https://www.acrysil.com

Location

  • Acrysil Limited
  • Survey No. 312
  • Bhavnagar - Rajkot Highway
  • Bhavnagar
  • Gujarat
  • 364060
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
524091BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002

Biography

Acrysil Limited, together with its subsidiaries, manufactures and trades in kitchen sinks and appliances, bath products, tiles, and accessories in India. The company offers quartz sinks, stainless steel sinks, and wash basins; appliances, including faucets, chimneys, hobs, microwave ovens, cook tops, wine chillers, barbeque grillers, food waste disposers, dish washers, ice makers, refrigerators, fryers, and hoods; 3D tiles; and bathroom suites under the Carysil, TekCarysil, and Sternhagen brand names. It also imports and markets kitchen sinks; and deals in quartz sinks, steel sinks, taps and accessories, and other traded products. In addition, the company markets its products in approximately 50 countries. Acrysil Limited was incorporated in 1987 and is headquartered in Bhavnagar, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 12:38
End of Day Share Price2020/02/18 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.