Indo Rama Synthetics (India)
Market Cap
₹5.9b
Last Updated
2020/10/19 12:44 UTC
Data Sources
Company Financials
Executive Summary
Indo Rama Synthetics (India) Limited manufactures and supplies polyester in India, Indonesia, Thailand, the United States, Nepal, Sri Lanka, and Turkey. More Details
Risk Analysis
Snowflake Analysis
Worrying balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Indo Rama Synthetics (India)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500207's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-1.3%
500207
-0.5%
IN Luxury
-0.6%
IN Market
1 Year Return
-14.9%
500207
-7.3%
IN Luxury
2.2%
IN Market
Return vs Industry: 500207 underperformed the Indian Luxury industry which returned -8% over the past year.
Return vs Market: 500207 underperformed the Indian Market which returned 1.1% over the past year.
Shareholder returns
| 500207 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.3% | -0.5% | -0.6% |
| 30 Day | -8.0% | 3.3% | 0.2% |
| 90 Day | 36.6% | 17.2% | 6.7% |
| 1 Year | -14.9%-14.9% | -6.7%-7.3% | 3.9%2.2% |
| 3 Year | -36.1%-36.1% | 7.0%4.8% | 2.6%-2.4% |
| 5 Year | -24.9%-27.2% | 43.2%36.0% | 41.3%30.8% |
Price Volatility Vs. Market
How volatile is Indo Rama Synthetics (India)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Indo Rama Synthetics (India) undervalued compared to its fair value and its price relative to the market?
2.59x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 500207's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 500207's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 500207 is unprofitable, so we can't compare its PE Ratio to the IN Luxury industry average.
PE vs Market: 500207 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 500207's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500207 is overvalued based on its PB Ratio (2.6x) compared to the IN Luxury industry average (0.5x).
Next Steps
Future Growth
How is Indo Rama Synthetics (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
43.6%
Forecasted Consumer Durables 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 Indo Rama Synthetics (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
- Take a look at our analysis of 500207’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Indo Rama Synthetics (India) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Indo Rama Synthetics (India) performed over the past 5 years?
-56.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500207 is currently unprofitable.
Growing Profit Margin: 500207 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 500207 is unprofitable, and losses have increased over the past 5 years at a rate of 56.9% per year.
Accelerating Growth: Unable to compare 500207's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 500207 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-23.2%).
Return on Equity
High ROE: 500207 has a negative Return on Equity (-164.02%), as it is currently unprofitable.
Next Steps
Financial Health
How is Indo Rama Synthetics (India)'s financial position?
Financial Position Analysis
Short Term Liabilities: 500207's short term assets (₹6.3B) do not cover its short term liabilities (₹9.1B).
Long Term Liabilities: 500207's short term assets (₹6.3B) exceed its long term liabilities (₹3.5B).
Debt to Equity History and Analysis
Debt Level: 500207's debt to equity ratio (212.3%) is considered high.
Reducing Debt: 500207's debt to equity ratio has increased from 83.2% to 212.3% over the past 5 years.
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: 500207 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 500207 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 59.2% each year
Next Steps
Dividend
What is Indo Rama Synthetics (India) current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 500207's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 500207'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 500207's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 500207's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 500207 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 500207'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?
1.8yrs
Average management tenure
CEO
Maganti Rao (63 yo)
1.5yrs
Tenure
₹19,208,600
Compensation
Mr. Maganti Narayana Sudhindra Rao has been Chief Executive Officer and Executive Director of Indo Rama Synthetics (India) Limited since April 8, 2019 and April 3, 2019 respectively. Mr. Rao is responsible ...
CEO Compensation Analysis
Compensation vs Market: Maganti's total compensation ($USD261.56K) is above average for companies of similar size in the Indian market ($USD56.15K).
Compensation vs Earnings: Insufficient data to compare Maganti's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 16.25yrs | ₹24.80m | 15.11% ₹ 887.7m | |
| CEO & Executive Director | 1.5yrs | ₹19.21m | no data | |
| Chief Financial Officer | 2yrs | ₹7.50m | no data | |
| Company Secretary & Compliance Officer | 1.17yrs | ₹1.40m | no data | |
| Whole-Time Director | 18.5yrs | ₹19.10m | 0.53% ₹ 31.0m | |
| Chief Commercial & Financial Officer | 1.5yrs | ₹9.17m | no data | |
| Senior Vice President of Operations | no data | ₹6.66m | no data | |
| Marketing Head | 4.67yrs | ₹966.08k | no data | |
| Plant Head | 7.92yrs | no data | no data | |
| Senior Vice President of Raw Materials | no data | ₹6.41m | no data | |
| Assistant Vice President | no data | ₹360.72k | no data | |
| Vice President of Finance | no data | ₹3.34m | no data |
1.8yrs
Average Tenure
57.5yo
Average Age
Experienced Management: 500207's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 16.25yrs | ₹24.80m | 15.11% ₹ 887.7m | |
| CEO & Executive Director | 1.5yrs | ₹19.21m | no data | |
| Whole-Time Director | 18.5yrs | ₹19.10m | 0.53% ₹ 31.0m | |
| Non-Executive Independent Director | 7.75yrs | ₹400.00k | no data | |
| Non-Executive Independent Director | 4.17yrs | ₹500.00k | no data | |
| Non-Executive Non-Independent Director | 1.5yrs | no data | no data | |
| Non-Executive Independent Director | 0.67yr | ₹100.00k | no data | |
| Non-Executive Independent Director | 5.42yrs | ₹300.00k | no data |
4.8yrs
Average Tenure
65.5yo
Average Age
Experienced Board: 500207's board of directors are considered experienced (4.8 years average tenure).
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
Indo Rama Synthetics (India) Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Indo Rama Synthetics (India) Limited
- Ticker: 500207
- Exchange: BSE
- Founded: 1986
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹5.875b
- Shares outstanding: 261.11m
- Website: https://www.indoramaindia.com
Number of Employees
Location
- Indo Rama Synthetics (India) Limited
- DLF Square
- 20th Floor
- Gurugram
- Haryana
- 122002
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500207 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Mar 2000 |
| INDORAMA | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Mar 2000 |
Biography
Indo Rama Synthetics (India) Limited manufactures and supplies polyester in India, Indonesia, Thailand, the United States, Nepal, Sri Lanka, and Turkey. The company offers various polyester products, inclu ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/19 12:44 |
| End of Day Share Price | 2020/10/19 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/03/31 |
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.