BSE:500456

Stock Analysis Report

Executive Summary

Pasupati Acrylon Limited manufactures and sells acrylic fibers and cast polypropylene films in India.


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 500456's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

500456

1.1%

IN Luxury

-0.8%

IN Market


1 Year Return

-26.2%

500456

18.4%

IN Luxury

11.1%

IN Market

Return vs Industry: 500456 underperformed the Indian Luxury industry which returned 16.6% over the past year.

Return vs Market: 500456 underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

500456IndustryMarket
7 Day0%1.1%-0.8%
30 Day-12.2%3.3%-2.3%
90 Day-3.0%9.6%2.1%
1 Year-26.2%-26.2%19.2%18.4%13.1%11.1%
3 Year-55.5%-55.5%54.9%51.5%22.9%16.2%
5 Year5.5%5.5%106.1%99.4%34.9%22.6%

Price Volatility Vs. Market

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


Simply Wall St News

1 year ago | Simply Wall St

May Top Cheap Stocks To Buy

1 year ago | Simply Wall St

May Top Cheap Stocks To Buy

1 year ago | Simply Wall St

May Top Cheap Stocks To Buy

Valuation

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

4.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 500456's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 500456's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 500456 is good value based on its PE Ratio (4.9x) compared to the Luxury industry average (11.1x).

PE vs Market: 500456 is good value based on its PE Ratio (4.9x) compared to the Indian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500456's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500456 is good value based on its PB Ratio (0.5x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

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

19.8%

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 Pasupati Acrylon 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 Pasupati Acrylon performed over the past 5 years?

6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500456 has a high level of non-cash earnings.

Growing Profit Margin: 500456's current net profit margins (2.6%) are lower than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: 500456's earnings have grown by 6.5% per year over the past 5 years.

Accelerating Growth: 500456's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 500456 had negative earnings growth (-34.8%) over the past year, making it difficult to compare to the Luxury industry average (2.5%).


Return on Equity

High ROE: 500456's Return on Equity (9.7%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Pasupati Acrylon's financial position?


Financial Position Analysis

Short Term Liabilities: 500456's short term assets (₹3.0B) exceed its short term liabilities (₹2.0B).

Long Term Liabilities: 500456's short term assets (₹3.0B) exceed its long term liabilities (₹86.0M).


Debt to Equity History and Analysis

Debt Level: 500456's debt to equity ratio (2.6%) is considered satisfactory.

Reducing Debt: 500456's debt to equity ratio has reduced from 51.5% to 2.6% over the past 5 years.

Debt Coverage: 500456's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 500456 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 500456 has a high level of physical assets or inventory.

Debt Coverage by Assets: 500456's debt is covered by short term assets (assets are 61.8x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 500456's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 500456'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 500456's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 500456'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 500456'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

Vineet Jain (50yo)

23.1yrs

Tenure

₹21,824,263

Compensation

Mr. Vineet Jain serves as the Chairman Pasupati Acrylon Ltd. and has been its Managing Director since 1997 and Executive Director since October 1, 1994. 


CEO Compensation Analysis

Compensation vs Market: Vineet's total compensation ($USD305.18K) is above average for companies of similar size in the Indian market ($USD50.21K).

Compensation vs Earnings: Vineet's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Vineet Jain
Chairman & MD23.1yrs₹21.82m1.35% 12.0m
Satish Bansal
Chief Financial Officer1.8yrs₹1.50mno data
Satya Gupta
Director of Operations & Whole time Director1.8yrs₹2.57m0.0039% 35.0k
Bharat Kapoor
Compliance Officer & Company Secretary0.08yrsno datano data

1.8yrs

Average Tenure

Experienced Management: 500456's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Vineet Jain
Chairman & MD23.1yrs₹21.82m1.35% 12.0m
Satya Gupta
Director of Operations & Whole time Director1.8yrs₹2.57m0.0039% 35.0k
Sathyamoorthy Srinivasan
Non Executive & Independent Director13.4yrs₹9.00kno data
Subhash Malik
Non-Executive Independent Director25.3yrs₹51.00kno data
Deveshwar Kapila
Non-Executive & Independent Director4.8yrs₹15.00kno data
Remmy Jain
Additional Women Independent Director1.3yrs₹1.50kno data

4.8yrs

Average Tenure

66.5yo

Average Age

Experienced Board: 500456'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

Pasupati Acrylon Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pasupati Acrylon Limited
  • Ticker: 500456
  • Exchange: BSE
  • Founded: 1982
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹891.331m
  • Shares outstanding: 89.13m
  • Website: https://www.pasupatiacrylon.com

Number of Employees


Location

  • Pasupati Acrylon Limited
  • M-14, Connaught Circus
  • Middle Circle
  • New Delhi
  • Delhi
  • 110001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500456BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 1995

Biography

Pasupati Acrylon Limited manufactures and sells acrylic fibers and cast polypropylene films in India. It offers regular, shrinkable, and high shrinkable acrylic staple fibers; and Hydrolon, a specialty fiber for apparel wear, sport wear, polo-shirts, T-shirts, summer and spring wear, socks, towels, bath-mats, bed-spreads, etc. The company also provides regular and shrinkable acrylic tows; and non-shrinkable, high shrinkable, and high bulk acrylic tops. It also exports its products to various countries, such as China, Israel, Bangladesh, Indonesia, and Turkey, as well as countries in the Middle East, South America, Europe, etc. Pasupati Acrylon Limited was incorporated in 1982 and is based in New Delhi, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 12:42
End of Day Share Price2020/02/17 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.