BSE:526193

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Royal Cushion Vinyl Products

Executive Summary

Royal Cushion Vinyl Products Limited engages in the manufacture and sale of PVC products in India.


Snowflake Analysis

Slightly overvalued with questionable track record.

Share Price & News

How has Royal Cushion Vinyl Products's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 526193 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

526193

0.8%

IN Building

1.8%

IN Market


1 Year Return

n/a

526193

-39.6%

IN Building

-23.7%

IN Market

Return vs Industry: Insufficient data to determine how 526193 performed against the Indian Building industry.

Return vs Market: Insufficient data to determine how 526193 performed against the Indian Market.


Shareholder returns

526193IndustryMarket
7 Day0%0.8%1.8%
30 Day4.5%-8.6%-0.5%
90 Day8.2%-35.8%-22.2%
1 Yearn/a-37.1%-39.6%-22.2%-23.7%
3 Year-56.3%-56.3%-28.1%-32.5%-12.1%-16.8%
5 Year-8.2%-8.2%25.1%12.4%4.5%-5.7%

Price Volatility Vs. Market

How volatile is Royal Cushion Vinyl Products's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Royal Cushion Vinyl Products undervalued compared to its fair value and its price relative to the market?

0.7x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 526193's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 526193's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 526193 is good value based on its PE Ratio (0.7x) compared to the Building industry average (8.1x).

PE vs Market: 526193 is good value based on its PE Ratio (0.7x) compared to the Indian market (9.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526193's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526193 has negative assets, so we can't compare its PB Ratio to the IN Building industry average.


Next Steps

Future Growth

How is Royal Cushion Vinyl Products 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 Royal Cushion Vinyl Products 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 Royal Cushion Vinyl Products performed over the past 5 years?

36.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526193 has a large one-off gain of ₹211.7M impacting its December 31 2019 financial results.

Growing Profit Margin: 526193 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 526193 has become profitable over the past 5 years, growing earnings by 36.4% per year.

Accelerating Growth: 526193 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 526193 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Building industry (1.2%).


Return on Equity

High ROE: 526193's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Royal Cushion Vinyl Products's financial position?


Financial Position Analysis

Short Term Liabilities: 526193 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 526193 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 526193 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 526193's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: 526193's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 526193's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Royal Cushion Vinyl Products's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 526193's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 526193's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 526193's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 526193's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 526193's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

1.2yrs

Average board tenure


CEO

Mahesh Shah (69yo)

no data

Tenure

₹928,800

Compensation

Mr. Mahesh Kantilal Shah serves as Chairman of the Board and Managing Director of Royal Cushion Vinyl Products. He served as Compliance Officer at Royal Cushion Vinyl Products Limited. Mr. Shah is a rank h ...


CEO Compensation Analysis

Compensation vs Market: Mahesh's total compensation ($USD12.25K) is below average for companies of similar size in the Indian market ($USD50.17K).

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


Board Members

NamePositionTenureCompensationOwnership
Mahesh Shah
Chairman & MDno data₹928.80k0.33% 146.4k
Jayesh Motasha
Non-Executive Director36.5yrsno data0.22% 99.4k
Avani Pandit
Additional Independent Director1.17yrsno datano data
Harsha Shah
Additional Independent Director1.17yrsno datano data

1.2yrs

Average Tenure

62yo

Average Age

Experienced Board: 526193's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


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

Royal Cushion Vinyl Products Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Royal Cushion Vinyl Products Limited
  • Ticker: 526193
  • Exchange: BSE
  • Founded: 1983
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: ₹44.769m
  • Shares outstanding: 12.07m
  • Website: https://www.rcvp.in

Number of Employees


Location

  • Royal Cushion Vinyl Products Limited
  • 60 CD, SHLOK
  • Government Industrial Estate
  • Mumbai
  • Maharashtra
  • 400067
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526193BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 2001

Biography

Royal Cushion Vinyl Products Limited engages in the manufacture and sale of PVC products in India. The company offers PVC floor coverings, laminated sheet and tiles, and leather cloths. It also offers a range of standard and customized flooring for commercial, residential, transport, and contract range under the Royal House brand. Its vinyl floorings are used for various commercial applications, such as malls, offices, showrooms, lobbies, indoor play areas, retail and hospitality, etc. The company sells its products through a network of distributors and retailers. Royal Cushion Vinyl Products Limited was founded in 1983 and is based in Mumbai, 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 12:40
End of Day Share Price2020/05/11 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.