BSE:533629

Stock Analysis Report

Executive Summary

Tijaria Polypipes Limited engages in the manufacture and sale of pipes, sprinkle systems, conduit pipes, etc.

Snowflake

Fundamentals

Acceptable track record and slightly overvalued.

Risks

  • Tijaria Polypipes has significant price volatility in the past 3 months.
  • Tijaria Polypipes is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-16.0%

BSE:533629

-1.3%

IN Building

-0.7%

IN Market


1 Year Return

-13.3%

BSE:533629

-12.8%

IN Building

-12.1%

IN Market

533629 matched the Building industry (-13%) over the past year.

533629 underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

533629IndustryMarket
7 Day-16.0%-1.3%-0.7%
30 Day-9.1%-8.3%-4.6%
90 Day-32.6%-10.8%-4.3%
1 Year-13.3%-13.3%-12.3%-12.8%-10.3%-12.1%
3 Year83.5%83.5%16.3%14.2%18.9%12.8%
5 Year193.9%193.9%84.7%78.5%37.6%24.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Tijaria Polypipes undervalued based on future cash flows and its price relative to the stock market?

5.72x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Tijaria Polypipes to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Tijaria Polypipes to establish if it is available at substantial discount.


Price Based on Earnings

Tijaria Polypipes is good value based on earnings compared to the IN Building industry average.

Tijaria Polypipes is good value based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Tijaria Polypipes, we can't assess if its growth is good value.


Price Based on Value of Assets

Tijaria Polypipes is overvalued based on assets compared to the IN Building industry average.


Next Steps

Future Growth

How is Tijaria Polypipes expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.0%

Forecasted Building 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 Tijaria Polypipes 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 Tijaria Polypipes performed over the past 5 years?

13.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Tijaria Polypipes's year on year earnings growth rate has been positive over the past 5 years.

Tijaria Polypipes has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Tijaria Polypipes has become profitable in the last year making it difficult to compare the IN Building industry average.


Return on Equity

Whilst Tijaria Polypipes has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.


Return on Assets

Tijaria Polypipes used its assets more efficiently than the IN Building industry average last year based on Return on Assets.


Return on Capital Employed

Tijaria Polypipes has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Tijaria Polypipes's financial position?


Financial Position Analysis

Tijaria Polypipes is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Tijaria Polypipes's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Tijaria Polypipes's level of debt (253.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (82.8% vs 253.4% today).

Debt is not well covered by operating cash flow (10.7%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 1.7x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.3x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Tijaria Polypipes's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Tijaria Polypipes's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Tijaria Polypipes has not reported any payouts.

Unable to verify if Tijaria Polypipes's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Tijaria Polypipes has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

8.8yrs

Average management tenure


CEO

Alok Tijaria (51yo)

11.8yrs

Tenure

Mr. Alok Jain Tijaria has been Managing Director of Tijaria Polypipes Limited since October 1, 2007 and serves as its Chairman. Mr. Tijaria started working as a Partner in M/s Vikas Traders, a partnership  ...


CEO Compensation Analysis

Alok's remuneration is lower than average for companies of similar size in India.

Alok's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

8.8yrs

Average Tenure

48.5yo

Average Age

The average tenure for the Tijaria Polypipes management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

7.3yrs

Average Tenure

49yo

Average Age

The tenure for the Tijaria Polypipes board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Buy₹6,394,48421 Nov 18
Vratika Tijaria
EntityIndividual
Shares441,000
Max Price₹14.50
Buy₹855,49821 Nov 18
Arihant Tijaria
EntityIndividual
Shares59,000
Max Price₹14.50
Buy₹8,105,48021 Nov 18
Vardhaman Tijaria
EntityIndividual
Shares559,000
Max Price₹14.50
Buy₹7,300,73221 Nov 18
Ramesh Tijaria
EntityIndividual
Shares503,500
Max Price₹14.50

Ownership Breakdown


Management Team

  • Vikas Tijaria (49yo)

    Executive Director of Marketing & Executive Director

    • Tenure: 8.8yrs
  • Vineet Tijaria (46yo)

    CFO & Executive Director

    • Tenure: 2.8yrs
  • Alok Tijaria (51yo)

    Chairman & MD

    • Tenure: 11.8yrs
  • Praveen Tijaria (48yo)

    Executive Director of Production & Executive Director

    • Tenure: 8.8yrs
  • Ruchi Gupta

    Company Secretary & Compliance Officer

    • Tenure: 0.8yrs

Board Members

  • Vikas Tijaria (49yo)

    Executive Director of Marketing & Executive Director

    • Tenure: 13.1yrs
  • Vineet Tijaria (46yo)

    CFO & Executive Director

    • Tenure: 11.8yrs
  • Alok Tijaria (51yo)

    Chairman & MD

  • Praveen Tijaria (48yo)

    Executive Director of Production & Executive Director

    • Tenure: 11.8yrs
  • Vinod Patni (60yo)

    Independent Non-Executive Director

    • Tenure: 7.3yrs
    • Compensation: 26.00k
  • Ravi Jain (54yo)

    Independent Non-Executive Director

    • Tenure: 5.5yrs
    • Compensation: 26.00k
  • Abhilasha Jain (47yo)

    Independent Non-Executive Director

    • Tenure: 4.9yrs
    • Compensation: 20.00k
  • Devendra Sharma

    Non-Executive Independent Director

    • Tenure: 1.6yrs
    • Compensation: 8.00k

Company Information

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


Key Information

  • Name: Tijaria Polypipes Limited
  • Ticker: 533629
  • Exchange: BSE
  • Founded: 2000
  • Industry: building products
  • Sector: capital goods
  • Market Cap: ₹281.918m
  • Shares outstanding: 26.72m
  • Website: Click here

Number of Employees


Location

  • Tijaria Polypipes Limited
  • SP- 1-2316 RIICO Industrial Area
  • Ramchandrapura Sitapura Extension
  • Jaipur
  • Rajasthan
  • 302022
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533629BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2011
TIJARIANSEI (National Stock Exchange of India)YesEquity SharesININROct 2011

Biography

Tijaria Polypipes Limited engages in the manufacture and sale of pipes, sprinkle systems, conduit pipes, etc. under the Tijaria and Vikas brand names in India. The company operates through two segments, Pi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 12:59
End of Day Share Price2019/08/16 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.