BSE:530611

Stock Analysis Report

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Executive Summary

Sturdy Industries Limited engages in the plastic pipes and irrigation, aluminum, and trading businesses in India.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 530611 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

530611

0.8%

IN Building

1.8%

IN Market


1 Year Return

-16.7%

530611

-39.6%

IN Building

-23.7%

IN Market

Return vs Industry: 530611 exceeded the Indian Building industry which returned -39.6% over the past year.

Return vs Market: 530611 exceeded the Indian Market which returned -23.7% over the past year.


Shareholder returns

530611IndustryMarket
7 Day0%0.8%1.8%
30 Day0%-8.6%-0.5%
90 Dayn/a-35.8%-22.2%
1 Year-16.7%-16.7%-37.1%-39.6%-22.2%-23.7%
3 Year-83.1%-83.1%-28.1%-32.5%-12.1%-16.8%
5 Year-85.8%-85.8%25.1%12.4%4.5%-5.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

3.5x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 530611's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 530611's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 530611 is unprofitable, so we can't compare its PE Ratio to the Building industry average.

PE vs Market: 530611 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 530611's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 530611 is overvalued based on its PB Ratio (3.5x) compared to the IN Building industry average (0.6x).


Next Steps

Future Growth

How is Sturdy Industries 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 Sturdy 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 Sturdy Industries performed over the past 5 years?

-48.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 530611 is currently unprofitable.

Growing Profit Margin: 530611 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 530611 is unprofitable, and losses have increased over the past 5 years at a rate of -48.1% per year.

Accelerating Growth: Unable to compare 530611's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 530611 is unprofitable, making it difficult to compare its past year earnings growth to the Building industry (1.2%).


Return on Equity

High ROE: 530611's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Sturdy Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 530611 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 530611 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: 530611 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 530611's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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: Insufficient data to determine if 530611 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 530611 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 530611's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 530611'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 530611's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 530611'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 530611'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?

1.7yrs

Average board tenure


CEO

Shamsher Sharma (74yo)

0.58

Tenure

Mr. Shamsher Kumar Sharma has been Managing Director of Sturdy Industries Ltd. since October 7, 2019 and has been its Director since August 27, 2018. He served as Non-Executive Independent Director at Stur ...


Board Members

NamePositionTenureCompensationOwnership
Ramesh Gupta
Whole Time Director30.83yrs₹2.40m5.13% 1.9m
Shamsher Sharma
MD & Director0.58yrno datano data
Pushpa Devi
Independent & Non-Executive Director1.58yrsno datano data
Mohan Gupta
Chairmanno data₹2.40m5.1% 1.9m
- Puja
Non-Executive Independent Director2.33yrsno datano data
Amit Bhatti
Additional Director0.58yr₹300.00kno data
Shehwaj Khan
Additional Director0.58yrno datano data

1.7yrs

Average Tenure

58yo

Average Age

Experienced Board: 530611's board of directors are not considered experienced ( 1.7 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

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


Key Information

  • Name: Sturdy Industries Limited
  • Ticker: 530611
  • Exchange: BSE
  • Founded: 1989
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: ₹37.813m
  • Shares outstanding: 151.25m
  • Website: https://www.sturdyindustries.com

Number of Employees


Location

  • Sturdy Industries Limited
  • 55, Industrial Area
  • Sector-1
  • Solan
  • Himachal Pradesh
  • 173220
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530611BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2008

Biography

Sturdy Industries Limited engages in the plastic pipes and irrigation, aluminum, and trading businesses in India. The company offers micro irrigation systems, sprinklers, and drip irrigation systems, as well as HDPE, PVC, and LLDPE pipes under the Swati brand; and lubricant HDPE ducts and plastic water storage tanks. It also provides metallic/colored aluminum composite panels and sheets under the SUNBOND brand; and power transmission and distribution infrastructure, including aluminum conductors, cables, and aluminum wires. In addition, the company is involved in the engineering, procurement, and construction of power generation and transmission facilities; and trades in polymers and aluminum, etc. It serves the agriculture, infrastructure, and power industries. The company also exports its products to the United Arab Emirates, Mauritius, Spain, Africa, Switzerland, Bulgaria, and internationally. Sturdy Industries Limited was incorporated in 1989 and is based in Solan, 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 13:03
End of Day Share Price2020/05/21 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.