BSE:530017

Stock Analysis Report

Executive Summary

Standard Industries Limited trades in textiles and chemical products primarily in India.

Snowflake

Fundamentals

Second-rate dividend payer and slightly overvalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-3.5%

530017

11.2%

IN Trade Distributors

3.3%

IN Market


1 Year Return

-34.2%

530017

-5.8%

IN Trade Distributors

7.1%

IN Market

Return vs Industry: 530017 underperformed the Indian Trade Distributors industry which returned -5.8% over the past year.

Return vs Market: 530017 underperformed the Indian Market which returned 7.1% over the past year.


Shareholder returns

530017IndustryMarket
7 Day-3.5%11.2%3.3%
30 Day-14.7%13.3%2.9%
90 Day-29.3%22.6%3.1%
1 Year-34.2%-34.2%-5.3%-5.8%9.4%7.1%
3 Year-58.0%-61.4%31.0%11.4%22.7%16.4%
5 Year-29.0%-38.9%48.6%-57.7%44.0%30.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 530017 (₹10.6) is trading below our estimate of fair value (₹103.35)

Significantly Below Fair Value: 530017 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 530017 is unprofitable, so we can't compare its PE Ratio to the Trade Distributors industry average.

PE vs Market: 530017 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 530017's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 530017 has negative assets, so we can't compare its PB Ratio to the IN Trade Distributors industry average.


Next Steps

Future Growth

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

7.2%

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 Standard 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 Standard Industries performed over the past 5 years?

-15.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 530017 is unprofitable, and losses have increased over the past 5 years at a rate of -15.2% per year.

Accelerating Growth: Unable to compare 530017's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 530017 is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (4.8%).


Return on Equity

High ROE: 530017's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: 530017 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 530017 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Standard Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 530017 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 530017 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: 530017 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 530017's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 530017 has a high level of physical assets or inventory.

Debt Coverage by Assets: 530017 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 530017 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 530017 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 81.3% per year.


Next Steps

Dividend

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

9.43%

Current Dividend Yield


Dividend Yield vs Market

company9.4%marketbottom25%0.6%markettop25%2.4%industryaverage0.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 530017's dividend (9.43%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 530017's dividend (9.43%) is in the top 25% of dividend payers in the Indian market (2.42%)

Stable Dividend: 530017's dividends per share have been stable in the past 10 years.

Growing Dividend: 530017's dividend payments have not increased over the past 10 years.


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: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Standard Industries's salary, the management and board of directors tenure and is there insider trading?

11.2yrs

Average board tenure


CEO

Standard Industries has no CEO, or we have no data on them.


Board Age and Tenure

11.2yrs

Average Tenure

64yo

Average Age

Experienced Board: 530017's board of directors are seasoned and experienced ( 11.2 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Dhansukh Parekh (68yo)

    Executive Director

    • Tenure: 8.2yrs
    • Compensation: ₹4.21m
  • Tanaz Panthaki

    VP of Legal

    • Tenure: 0yrs
    • Compensation: ₹1.15m
  • Jayantkumar Shah

    Chief Financial Officer

    • Tenure: 5.4yrs
    • Compensation: ₹810.72k

Board Members

  • Dhansukh Parekh (68yo)

    Executive Director

    • Tenure: 8.2yrs
    • Compensation: ₹4.21m
  • K. Pardiwalla (82yo)

    Independent Director

    • Tenure: 26.7yrs
    • Compensation: ₹300.00k
  • Pradeep Mafatlal (54yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: ₹160.00k
  • Divya Mafatlal (51yo)

    Non-Executive Director

    • Tenure: 14.3yrs
    • Compensation: ₹80.00k
  • Shobhan Diwanji (64yo)

    Non-Executive & Independent Director

    • Tenure: 6yrs
    • Compensation: ₹200.00k

Company Information

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


Key Information

  • Name: Standard Industries Limited
  • Ticker: 530017
  • Exchange: BSE
  • Founded: 1892
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: ₹681.887m
  • Shares outstanding: 64.33m
  • Website: https://www.standardindustries.co

Number of Employees


Location

  • Standard Industries Limited
  • Vijyalaxmi Mafatlal Centre
  • 57A Dr. G. Deshmukh Marg
  • Mumbai
  • Maharashtra
  • 400026
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530017BSE (Mumbai Stock Exchange)YesEquity SharesININROct 1999
SILNSEI (National Stock Exchange of India)YesEquity SharesININROct 1999

Biography

Standard Industries Limited trades in textiles and chemical products primarily in India. It trades in cotton towels, bed sheets, interlining fabrics, cotton and blended dhotis, and cotton/PC blended and po ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 12:35
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.