NSEI:OMFURN

Stock Analysis Report

Executive Summary

Omfurn India Limited manufactures and supplies modular furniture in India.

Risk Analysis

Earnings have declined by -46.27% per year over past 5 years

Interest payments are not well covered by earnings

Shares are highly illiquid

Does not have a meaningful market cap (₹48M)

+ 2 more risks


Snowflake Analysis

Imperfect balance sheet and overvalued.


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Share Price & News

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


Latest Share Price and Events

Stable Share Price: OMFURN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

OMFURN

-1.1%

IN Commercial Services

-2.9%

IN Market


1 Year Return

-54.2%

OMFURN

-11.6%

IN Commercial Services

2.8%

IN Market

Return vs Industry: OMFURN underperformed the Indian Commercial Services industry which returned -11.6% over the past year.

Return vs Market: OMFURN underperformed the Indian Market which returned 2.8% over the past year.


Shareholder returns

OMFURNIndustryMarket
7 Day0%-1.1%-2.9%
30 Day11.1%-5.7%-1.4%
90 Dayn/a7.9%6.2%
1 Year-54.2%-54.2%-11.2%-11.6%4.8%2.8%
3 Yearn/a10.7%7.4%31.3%24.4%
5 Yearn/a113.8%107.2%42.7%29.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.22x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: OMFURN is good value based on its PB Ratio (0.2x) compared to the IN Commercial Services industry average (1.2x).


Next Steps

Future Growth

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

15.9%

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 Omfurn India 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 Omfurn India performed over the past 5 years?

-46.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OMFURN is currently unprofitable.

Growing Profit Margin: OMFURN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OMFURN is unprofitable, and losses have increased over the past 5 years at a rate of -46.3% per year.

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

Earnings vs Industry: OMFURN is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (12%).


Return on Equity

High ROE: OMFURN has a negative Return on Equity (-4.79%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Omfurn India's financial position?


Financial Position Analysis

Short Term Liabilities: OMFURN's short term assets (₹333.4M) exceed its short term liabilities (₹200.1M).

Long Term Liabilities: OMFURN's short term assets (₹333.4M) exceed its long term liabilities (₹69.2M).


Debt to Equity History and Analysis

Debt Level: OMFURN's debt to equity ratio (65.8%) is considered high.

Reducing Debt: OMFURN's debt to equity ratio has increased from 50% to 65.8% over the past 5 years.

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

Interest Coverage: OMFURN is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

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

Debt Coverage by Assets: OMFURN's debt is covered by short term assets (assets are 2.4x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.6%industryaverage0.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if OMFURN'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 OMFURN's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Rajendra Vishwakarma (59yo)

2.3yrs

Tenure

₹1,210,913

Compensation

Mr. Rajendra Chitbahal Vishwakarma has been Managing Director and Executive Director at Omfurn India Limited since Aug 23, 2017 and since November 13, 1997 and serves as its Chairman. 


CEO Compensation Analysis

Compensation vs Market: Rajendra's total compensation ($USD17.09K) is below average for companies of similar size in the Indian market ($USD50.82K).

Compensation vs Earnings: Rajendra's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

2.3yrs

Average Tenure

54yo

Average Age

Experienced Management: OMFURN's management team is considered experienced (2.3 years average tenure).


Board Age and Tenure

2.5yrs

Average Tenure

56.5yo

Average Age

Experienced Board: OMFURN's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 7%.


Management Team

  • Dhara Shah (32yo)

    Company Secretary & Compliance Officer

    • Tenure: 2.3yrs
  • Rajendra Vishwakarma (59yo)

    MD & Executive Chairman

    • Tenure: 2.3yrs
    • Compensation: ₹1.21m
  • Mahendra Vishwakarma (54yo)

    CFO & Whole-Time Director

    • Tenure: 22.1yrs
    • Compensation: ₹1.12m
  • Narendra Vishwakarma (41yo)

    Executive Director

    • Tenure: 15.5yrs
    • Compensation: ₹1.07m
  • Mahesh Kumar Panchal (66yo)

    Executive Director

    • Tenure: 13.8yrs
    • Compensation: ₹361.82k

Board Members

  • Sudhir Shah (63yo)

    Non-Executive Independent Director

    • Tenure: 2.5yrs
  • Parag Edwankar (56yo)

    Non-Executive Independent Director

    • Tenure: 2.5yrs
  • Umesh Desai (57yo)

    Non-Executive Independent Director

    • Tenure: 2.5yrs
  • Sonali Gandre (45yo)

    Non-Executive Independent Director

    • Tenure: 2.5yrs
  • Rajendra Vishwakarma (59yo)

    MD & Executive Chairman

    • Tenure: 2.3yrs
    • Compensation: ₹1.21m
  • Mahendra Vishwakarma (54yo)

    CFO & Whole-Time Director

    • Tenure: 22.1yrs
    • Compensation: ₹1.12m
  • Narendra Vishwakarma (41yo)

    Executive Director

    • Tenure: 15.5yrs
    • Compensation: ₹1.07m
  • Mahesh Kumar Panchal (66yo)

    Executive Director

    • Tenure: 13.8yrs
    • Compensation: ₹361.82k

Company Information

Omfurn India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Omfurn India Limited
  • Ticker: OMFURN
  • Exchange: NSEI
  • Founded: 1997
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: ₹47.684m
  • Shares outstanding: 6.81m
  • Website: https://www.omfurnindia.com

Number of Employees


Location

  • Omfurn India Limited
  • 109, Gundecha Industrial Complex
  • Akrurali Road
  • Mumbai
  • Maharashtra
  • 400101
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OMFURNNSEI (National Stock Exchange of India)YesEquity SharesININROct 2017

Biography

Omfurn India Limited manufactures and supplies modular furniture in India. The company offers executive office furniture, international school furniture, modular office furniture, bedroom furniture, wooden ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/11 13:04
End of Day Share Price2019/11/19 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.