BSE:509220

Stock Analysis Report

Executive Summary

PTL Enterprises Limited engages in the lease of plant to Apollo Tyres Limited.


Snowflake Analysis

Established dividend payer and good value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 509220 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.2%

509220

0.1%

IN Commercial Services

-1.1%

IN Market


1 Year Return

-7.5%

509220

-2.8%

IN Commercial Services

7.3%

IN Market

Return vs Industry: 509220 underperformed the Indian Commercial Services industry which returned -2.8% over the past year.

Return vs Market: 509220 underperformed the Indian Market which returned 6.7% over the past year.


Shareholder returns

509220IndustryMarket
7 Day-1.2%0.1%-1.1%
30 Day3.0%13.3%1.5%
90 Day5.6%12.1%5.1%
1 Year-1.6%-7.5%-2.4%-2.8%9.3%7.3%
3 Year-71.9%-75.3%24.4%20.5%28.9%22.0%
5 Year15.4%-1.6%98.4%93.3%33.1%21.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

18.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 509220 (₹38.15) is trading below our estimate of fair value (₹46.26)

Significantly Below Fair Value: 509220 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 509220 is good value based on its PE Ratio (6.4x) compared to the Commercial Services industry average (13.8x).

PE vs Market: 509220 is good value based on its PE Ratio (6.4x) compared to the Indian market (13.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 509220's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 509220 is good value based on its PB Ratio (0.5x) compared to the IN Commercial Services industry average (1.2x).


Next Steps

Future Growth

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

16.0%

Forecasted Commercial Services 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 Enterprises 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 Enterprises performed over the past 5 years?

4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 509220 has high quality earnings.

Growing Profit Margin: 509220's current net profit margins (62.3%) are lower than last year (75.9%).


Past Earnings Growth Analysis

Earnings Trend: 509220's earnings have grown by 4.6% per year over the past 5 years.

Accelerating Growth: 509220's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 509220 had negative earnings growth (-18%) over the past year, making it difficult to compare to the Commercial Services industry average (12%).


Return on Equity

High ROE: 509220's Return on Equity (8.3%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Enterprises's financial position?


Financial Position Analysis

Short Term Liabilities: 509220's short term assets (₹53.6M) do not cover its short term liabilities (₹184.0M).

Long Term Liabilities: 509220's short term assets (₹53.6M) do not cover its long term liabilities (₹1.9B).


Debt to Equity History and Analysis

Debt Level: 509220 is debt free.

Reducing Debt: 509220 has no debt compared to 5 years ago when its debt to equity ratio was 91.8%.

Debt Coverage: 509220 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 509220 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 509220 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 509220's debt is covered by short term assets.


Next Steps

Dividend

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

6.66%

Current Dividend Yield


Dividend Yield vs Market

company6.7%marketbottom25%0.6%markettop25%2.3%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: 509220's dividend (6.55%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).

High Dividend: 509220's dividend (6.55%) is in the top 25% of dividend payers in the Indian market (2.31%)


Stability and Growth of Payments

Stable Dividend: 509220's dividends per share have been stable in the past 10 years.

Growing Dividend: 509220's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (42%), 509220's dividend payments are well 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 Enterprises's salary, the management and board of directors tenure and is there insider trading?

7.6yrs

Average board tenure


CEO

P. Syamkumar 0

1.7yrs

Tenure

₹1,565,892

Compensation

Mr. P. Syamkumar is Manager at PTL Enterprises Ltd since May 10, 2018. 


CEO Compensation Analysis

Compensation vs Market: P.'s total compensation ($USD22.13K) is below average for companies of similar size in the Indian market ($USD50.75K).

Compensation vs Earnings: Insufficient data to compare P.'s compensation with company performance.


Board Age and Tenure

7.6yrs

Average Tenure

67yo

Average Age

Experienced Board: 509220's board of directors are considered experienced (4.9 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

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Pradeep Kumar

    Company Secretary & Chief Compliance Officer

    • Compensation: ₹2.84m
  • Anil Sriwastawa (41yo)

    Chief Financial Officer

    • Tenure: 1.8yrs
    • Compensation: ₹2.01m
  • P. Syamkumar

    • Tenure: 1.7yrs
    • Compensation: ₹1.57m

Board Members

  • Onkar Kanwar (77yo)

    Chairman

    • Compensation: ₹220.00k
  • Neeraj Kanwar (48yo)

    Non-Independent Non-Executive Director

    • Tenure: 13.1yrs
    • Compensation: ₹220.00k
  • Harish Bahadur (67yo)

    Non-Executive Director

    • Tenure: 13yrs
    • Compensation: ₹220.00k
  • Ugar Anand (76yo)

    Non-Executive Independent Director

    • Tenure: 10.3yrs
    • Compensation: ₹380.00k
  • Birendra Singh (67yo)

    Independent Director

    • Tenure: 4.9yrs
    • Compensation: ₹255.00k
  • Sunil Tandon (65yo)

    Non-Executive Independent Director

    • Tenure: 0.9yrs
    • Compensation: ₹45.00k
  • Tapan Mitra (65yo)

    Non-Executive Independent Director

    • Tenure: 0.7yrs

Company Information

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


Key Information

  • Name: PTL Enterprises Limited
  • Ticker: 509220
  • Exchange: BSE
  • Founded: 1959
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Market Cap: ₹2.538b
  • Shares outstanding: 66.19m
  • Website: https://www.ptlenterprise.com

Number of Employees


Location

  • PTL Enterprises Limited
  • Apollo House, 7
  • Institutional Area
  • Gurugram
  • Haryana
  • 122001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
509220BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2002
PTLNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2002

Biography

PTL Enterprises Limited engages in the lease of plant to Apollo Tyres Limited. The company was formerly known as Premier Tyres Ltd. PTL Enterprises Limited was incorporated in 1959 and is based in Gurugram, India. PTL Enterprises Limited is a subsidiary of Sunrays Properties and Investments Co. Pvt Ltd. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/22 12:45
End of Day Share Price2020/01/22 00:00
Earnings2019/09/30
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.