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Sintex Industries

BSE:502742
Snowflake Description

Moderate growth potential unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
502742
BSE
₹4B
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Sintex Industries Limited manufactures and sells textiles and yarns in India and internationally. The last earnings update was 2 days ago. More info.


Add to Portfolio Compare Print
  • Sintex Industries has significant price volatility in the past 3 months.
502742 Share Price and Events
7 Day Returns
-14.1%
BSE:502742
1.7%
IN Luxury
3.3%
IN Market
1 Year Returns
-61.6%
BSE:502742
2%
IN Luxury
-0.5%
IN Market
502742 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sintex Industries (502742) -14.1% -24.7% -27.5% -61.6% -92.2% -93.2%
IN Luxury 1.7% -1.4% 7.5% 2% 52.1% 132.6%
IN Market 3.3% -1.2% 5.9% -0.5% 34.4% 45.6%
1 Year Return vs Industry and Market
  • 502742 underperformed the Luxury industry which returned 2% over the past year.
  • 502742 underperformed the Market in India which returned -0.5% over the past year.
Price Volatility
502742
Industry
5yr Volatility vs Market

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Sintex Industries. This is due to cash flow or dividend data being unavailable. The share price is ₹6.24.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sintex Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sintex Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:502742 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹0.36
BSE:502742 Share Price ** BSE (2019-05-24) in INR ₹6.24
India Luxury Industry PE Ratio Median Figure of 241 Publicly-Listed Luxury Companies 11.25x
India Market PE Ratio Median Figure of 2,774 Publicly-Listed Companies 15.46x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sintex Industries.

BSE:502742 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:502742 Share Price ÷ EPS (both in INR)

= 6.24 ÷ 0.36

17.33x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sintex Industries is overvalued based on earnings compared to the IN Luxury industry average.
  • Sintex Industries is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Sintex Industries's expected growth come at a high price?
Raw Data
BSE:502742 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.33x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
29%per year
India Luxury Industry PEG Ratio Median Figure of 23 Publicly-Listed Luxury Companies 0.94x
India Market PEG Ratio Median Figure of 557 Publicly-Listed Companies 1.3x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Sintex Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sintex Industries's assets?
Raw Data
BSE:502742 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹74.46
BSE:502742 Share Price * BSE (2019-05-24) in INR ₹6.24
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.72x
India Market PB Ratio Median Figure of 3,642 Publicly-Listed Companies 1.05x
BSE:502742 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:502742 Share Price ÷ Book Value per Share (both in INR)

= 6.24 ÷ 74.46

0.08x

* Primary Listing of Sintex Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sintex Industries is good value based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Sintex Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Sintex Industries has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

  • No analysts cover Sintex Industries, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
29%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sintex Industries expected to grow at an attractive rate?
  • Sintex Industries's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Sintex Industries's earnings growth is expected to exceed the India market average.
  • Unable to compare Sintex Industries's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:502742 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:502742 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 29%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 17.8%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 14.4%
India Market Earnings Growth Rate Market Cap Weighted Average 16.9%
India Market Revenue Growth Rate Market Cap Weighted Average 10.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:502742 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:502742 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BSE:502742 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 33,763 215
2018-12-31 32,827 1,702
2018-09-30 32,902 1,656
2018-06-30 31,105 1,459
2018-03-31 28,727 182 1,418
2017-12-31 -19,020 -1,331
2017-09-30 26,614 1,552
2017-06-30 23,612 1,719
2017-03-31 19,213 5,628 1,343
2016-12-31 82,841 5,838
2016-09-30 82,764 6,543
2016-06-30 79,734 6,363

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sintex Industries's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Sintex Industries is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:502742 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sintex Industries Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:502742 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BSE:502742 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 0.36
2018-12-31 2.87
2018-09-30 2.79
2018-06-30 2.50
2018-03-31 2.48
2017-12-31 -2.39
2017-09-30 2.84
2017-06-30 3.32
2017-03-31 2.76
2016-12-31 12.53
2016-09-30 14.74
2016-06-30 14.25

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Sintex Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Sintex Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sintex Industries has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Sintex Industries performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sintex Industries's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sintex Industries's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Sintex Industries's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Sintex Industries's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.
Earnings and Revenue History
Sintex Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sintex Industries Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:502742 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 33,762.60 215.20 1,787.10
2018-12-31 32,826.80 1,702.10 1,877.40
2018-09-30 32,901.80 1,655.60 1,765.10
2018-06-30 31,104.60 1,458.90 1,643.60
2018-03-31 28,726.80 1,418.40 1,495.00
2017-12-31 -19,019.90 -1,330.80 -4,118.50
2017-09-30 26,614.00 1,552.10 1,152.50
2017-06-30 23,611.80 1,718.70 1,027.00
2017-03-31 19,213.20 1,342.50 981.00
2016-12-31 82,841.10 5,838.00 8,403.80
2016-09-30 82,764.00 6,543.40 8,183.90
2016-06-30 79,734.20 6,362.50 7,733.10
2016-03-31 9,408.60 1,108.40 621.60
2015-12-31 75,814.33 5,926.30 11,162.46
2015-09-30 73,589.79 5,745.72 11,425.06
2015-06-30 71,327.92 5,362.17 7,538.54
2015-03-31 70,066.10 5,288.10 7,408.00
2014-12-31 68,213.98 4,914.53 9,936.33
2014-09-30 63,715.07 4,141.32 9,359.07
2014-06-30 60,600.90 3,796.65 9,247.41
2014-03-31 58,426.20 3,646.90 9,466.80
2013-12-31 52,563.76 3,552.22 9,000.24
2013-09-30 53,005.55 3,241.45 9,058.10
2013-06-30 51,269.93 3,235.80 6,038.30
2013-03-31 50,794.40 3,237.50 8,764.50
2012-12-31 46,980.49 2,640.19 8,291.07
2012-09-30 44,361.10 2,925.90 8,001.60
2012-06-30 44,036.08 2,590.28 5,233.41

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Sintex Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sintex Industries used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Sintex Industries has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sintex Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sintex Industries has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Sintex Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sintex Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sintex Industries's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Sintex Industries's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Sintex Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sintex Industries Company Filings, last reported 1 month ago.

BSE:502742 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 44,127.60 53,145.80 828.70
2018-12-31 44,835.00 53,153.40 1,334.90
2018-09-30 44,835.00 53,153.40 1,334.90
2018-06-30 44,102.40 55,086.00 2,150.20
2018-03-31 44,102.40 55,086.00 2,150.20
2017-12-31
2017-09-30 42,207.60 46,815.30 6,980.60
2017-06-30 39,128.60 40,257.20 7,333.30
2017-03-31 39,137.30 41,487.60 7,333.30
2016-12-31 63,775.60 70,162.80 18,214.70
2016-09-30 63,775.60 70,162.80 18,214.70
2016-06-30 55,125.40 66,627.10 9,363.30
2016-03-31 55,550.40 63,494.10 9,419.10
2015-12-31 51,250.76 55,129.66 8,093.33
2015-09-30 51,250.76 55,129.66 8,093.33
2015-06-30 46,977.58 39,554.12 7,022.53
2015-03-31 46,977.60 46,525.80 7,022.50
2014-12-31 39,075.96 40,539.67 5,736.12
2014-09-30 39,075.96 40,539.67 5,736.12
2014-06-30 35,438.60 40,064.50 3,291.10
2014-03-31 35,438.60 40,064.50 3,291.10
2013-12-31 33,117.26 36,487.22 9,230.03
2013-09-30 33,117.26 36,487.22 9,230.03
2013-06-30 31,249.95 30,540.93 5,239.09
2013-03-31 31,250.00 36,539.90 9,500.10
2012-12-31 27,695.10 32,316.30 8,144.40
2012-09-30 27,695.10 32,316.30 8,144.40
2012-06-30 26,482.88 29,546.74 7,959.85
  • Sintex Industries's level of debt (120.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (113.1% vs 120.4% today).
  • Debt is not well covered by operating cash flow (0.3%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Sintex Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sintex Industries has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.6%
Current annual income from Sintex Industries dividends.
If you bought ₹2,000 of Sintex Industries shares you are expected to receive ₹32 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Sintex Industries's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.54%).
  • Sintex Industries's dividend is below the markets top 25% of dividend payers in India (2.01%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:502742 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 108 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1408 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:502742 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
BSE:502742 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-09-17 0.100 1.003
2017-09-14 0.250 1.301
2016-08-26 0.700 1.281
2016-05-30 0.700 0.908
2015-05-07 0.700 0.767
2014-07-07 0.700 0.742
2014-05-08 0.700 0.840
2013-10-14 0.700 1.976
2012-11-12 0.650 1.651
2012-11-08 0.650 0.983
2012-08-13 0.650 1.025
2012-05-11 0.650 1.106
2011-05-03 0.650 0.616
2011-05-02 0.650 0.365
2010-04-30 0.600 0.352
2009-06-01 0.550 0.454

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Sintex Industries's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.6x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Sintex Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sintex Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sintex Industries has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rahul Patel
COMPENSATION ₹51,240,766
AGE 59
CEO Bio

Mr. Rahul A. Patel, B.Com., MBA serves as the Group Managing Director at Sintex Industries Limited and has been its Executive Director since October 21, 1993. Mr. Patel has more than 24 years experience in the textile and plastics industries. Mr. Patel graduated with a Bachelors degree in Commerce and obtained an M.B.A. degree from the United States.

CEO Compensation
  • Rahul's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Rahul's remuneration is higher than average for companies of similar size in India.
Management Team

Rahul Patel

TITLE
Group MD & Executive Director
COMPENSATION
₹51M
AGE
59

Amit Patel

TITLE
Group MD & Executive Director
COMPENSATION
₹52M
AGE
52

Prashant Shah

TITLE
Head of Accounts & Audit and CFO
COMPENSATION
₹5M
AGE
47

Hitesh Mehta

TITLE
Compliance Officer & Company Secretary
COMPENSATION
₹1M
AGE
52

Samir Joshipura

TITLE
Group Chief Executive Officer
AGE
43
TENURE
3.8 yrs

Rajiv Naidu

TITLE
Head of Investor Relations & Public Relations

Ashoke Maitra

TITLE
President of Operations & Administration - Textile Division
AGE
66

R. Sharma

TITLE
President of Procurement - Textile Division

Sanjib Roy

TITLE
Chief Executive Officer of Plastic Division
AGE
58

Siddhartha Jha

TITLE
President of Technology - Textile Division
TENURE
9.1 yrs
Board of Directors Tenure

Average tenure and age of the Sintex Industries board of directors in years:

3.8
Average Tenure
57
Average Age
  • The tenure for the Sintex Industries board of directors is about average.
Board of Directors

Amit Patel

TITLE
Group MD & Executive Director
COMPENSATION
₹52M
AGE
52
TENURE
25.6 yrs

Narendra Bansal

TITLE
Independent Non-Executive Director
COMPENSATION
₹464K
AGE
74
TENURE
6 yrs

Rahul Patel

TITLE
Group MD & Executive Director
COMPENSATION
₹51M
AGE
59
TENURE
25.6 yrs

Maitri Mehta

TITLE
Independent Non Executive Director
COMPENSATION
₹209K
TENURE
1.6 yrs

Rajesh Parikh

TITLE
Independent & Non Executive Director
COMPENSATION
₹514K
AGE
64
TENURE
15 yrs

Sunilkumar Kanojia

TITLE
Independent Director
COMPENSATION
₹170K
AGE
57
TENURE
1.6 yrs

Vimal Ambani

TITLE
Independent Non-Executive Director
COMPENSATION
₹85K
AGE
57
TENURE
1.3 yrs

Gagan Singh

TITLE
Non-Executive Director
AGE
52
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Sintex Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sintex Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Sintex Industries Limited manufactures and sells textiles and yarns in India and internationally. The company offers fabrics in various blends, including metallic yarn, silk yarn, mélange yarn, linen, modal, nylon-viscose, and cupro, as well as a range of weaves, such as dobbies, jacquards, leno, double beam and double ereel, and others; and men’s/women’s apparel and furnishings under the BVM brand. It also provides yarns comprising cotton combed and carded, compact, blended, contamination-free, ply, TFO/multi-fold, and ring spun yarns; and specialty yarns that include core spun, slub, neppy, injection, eli-twist, fancy, dyed, melange, linen, and linen blended yarns. The company was formerly known as The Bharat Vijay Mills Limited and changed its name to Sintex Industries Limited in 1995. Sintex Industries Limited was founded in 1931 and is based in Kalol, India.

Details
Name: Sintex Industries Limited
502742
Exchange: BSE
Founded: 1931
₹3,879,440,924
594,095,088
Website: http://www.sintex.in
Address: Sintex Industries Limited
District Gandhinagar,
Kalol,
Gujarat, 382721,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 502742 Equity Shares Mumbai Stock Exchange IN INR 05. Nov 1998
NSEI SINTEX Equity Shares National Stock Exchange of India IN INR 05. Nov 1998
Number of employees
Current staff
Staff numbers
0
Sintex Industries employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 12:39
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2017/06/15
Last earnings filing: 2019/05/22
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.