BSE:507872

Stock Analysis Report

Executive Summary

Ashnoor Textile Mills Limited produces and sells terry towels primarily in India.

Snowflake

Fundamentals

Solid track record and fair value.

Share Price & News

How has Ashnoor Textile Mills's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.3%

507872

-0.02%

IN Luxury

1.6%

IN Market


1 Year Return

-51.0%

507872

7.7%

IN Luxury

0.8%

IN Market

Return vs Industry: 507872 underperformed the Indian Luxury industry which returned 7.7% over the past year.

Return vs Market: 507872 underperformed the Indian Market which returned 0.8% over the past year.


Shareholder returns

507872IndustryMarket
7 Day-5.3%-0.02%1.6%
30 Day-18.4%5.5%1.5%
90 Day-25.4%3.9%-3.3%
1 Year-51.0%-51.0%8.6%7.7%2.7%0.8%
3 Year-42.8%-42.8%49.5%47.8%22.0%16.0%
5 Year67.6%67.6%108.9%105.0%42.3%29.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Ashnoor Textile Mills undervalued compared to its fair value and its price relative to the market?

3.12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate 507872's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 507872's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 507872 is good value based on its PE Ratio (3.1x) compared to the Luxury industry average (10.1x).

PE vs Market: 507872 is good value based on its PE Ratio (3.1x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 507872's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 507872 is good value based on its PB Ratio (0.4x) compared to the IN Luxury industry average (0.6x).


Next Steps

Future Growth

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

-2.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 507872's earnings are forecast to decline over the next 3 years (-2.6% per year).

Earnings vs Market: 507872's earnings are forecast to decline over the next 3 years (-2.6% per year).

High Growth Earnings: 507872's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if 507872's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 507872's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 507872's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Ashnoor Textile Mills performed over the past 5 years?

14.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 507872's earnings have grown by 14.7% per year over the past 5 years.

Accelerating Growth: 507872's earnings growth over the past year (77.8%) exceeds its 5-year average (14.7% per year).

Earnings vs Industry: 507872 earnings growth over the past year (77.8%) exceeded the Luxury industry 7.8%.


Return on Equity

High ROE: 507872's Return on Equity (13.5%) is considered low.


Return on Assets

ROA vs Industry: 507872 has a higher Return on Assets than the Luxury industry average last year.


Return on Capital Employed

ROCE Improving: 507872 has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Ashnoor Textile Mills's financial position?


Financial Position Analysis

Short Term Liabilities: 507872's short term assets (₹695.4M) exceeds its short term liabilities (₹555.0M)

Long Term Liabilities: 507872's short term assets (695.4M) exceeds its long term liabilities (78.5M)


Debt to Equity History and Analysis

Debt Level: 507872's debt to equity ratio (140.1%) is considered high

Reducing Debt: 507872's debt to equity ratio has increased from 134.9% to 140.1% over the past 5 years.

Debt Coverage: 507872's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 507872's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet

Inventory Level: 507872 has a high level of physical assets or inventory.

Debt Coverage by Assets: 507872's debt is covered by short term assets (assets are 1.528080x debt).


Next Steps

Dividend

What is Ashnoor Textile Mills's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 507872's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 507872's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 507872's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 507872'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 507872'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 Ashnoor Textile Mills's salary, the management and board of directors tenure and is there insider trading?

4.0yrs

Average board tenure


CEO

Suneel Gupta (58yo)

0yrs

Tenure

₹4,800,000

Compensation

Mr. Suneel Kumar Gupta, MBA, serves as Managing Director and Chairman at Ashnoor Textile Mills Ltd. Mr. Gupta served as Compliance Officer at Ashnoor Textile Mills Ltd. He has been a Director of Ashnoor Te ...


CEO Compensation Analysis

Compensation vs. Market: Suneel's total compensation ($USD67.67K) is about average for companies of similar size in the Indian market ($USD25.38K).

Compensation vs Earnings: Suneel's compensation has been consistent with company performance over the past year.


Board Age and Tenure

4.0yrs

Average Tenure

53.5yo

Average Age

Experienced Board: 507872's board of directors are considered experienced (4 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


Management Team

  • Suneel Gupta (58yo)

    Chairman & MD

    • Tenure: 0yrs
    • Compensation: ₹4.80m
  • Sangeeta Gupta (58yo)

    Whole-Time Director

    • Tenure: 25.6yrs
    • Compensation: ₹3.00m
  • Abhinav Gupta (28yo)

    Whole Time Director

    • Tenure: 10yrs
    • Compensation: ₹4.20m
  • Girish Adhikari

    Chief Financial Officer

    • Tenure: 4.6yrs
  • Sanjana Tandon

    Chief Compliance Officer & Company Secretary

    • Tenure: 0yrs

Board Members

  • Suneel Gupta (58yo)

    Chairman & MD

    • Tenure: 0yrs
    • Compensation: ₹4.80m
  • Sangeeta Gupta (58yo)

    Whole-Time Director

    • Tenure: 25.6yrs
    • Compensation: ₹3.00m
  • Piyush Gupta (53yo)

    Non Executive Independent Director

    • Tenure: 11.5yrs
  • Abhinav Gupta (28yo)

    Whole Time Director

    • Tenure: 10yrs
    • Compensation: ₹4.20m
  • Anil Aggarwal (54yo)

    Non- Executive Independent Director

    • Tenure: 4yrs
  • Sanjay Arora (51yo)

    Non Executive Independent Director

    • Tenure: 2.3yrs
  • Noor Gupta

    Non-Executive Director

    • Tenure: 1.8yrs
  • Divya Agarwal

    Non-Executive Independent Director

    • Tenure: 1.8yrs

Company Information

Ashnoor Textile Mills Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ashnoor Textile Mills Limited
  • Ticker: 507872
  • Exchange: BSE
  • Founded: 1984
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹138.079m
  • Shares outstanding: 12.50m
  • Website: https://www.ashnoortex.com

Number of Employees


Location

  • Ashnoor Textile Mills Limited
  • Behrampur Road
  • Village Khandsa
  • Gurugram
  • Haryana
  • 122001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
507872BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2008

Biography

Ashnoor Textile Mills Limited produces and sells terry towels primarily in India. The company offers white, colored, pool dobby, and kitchen towels to hospitality industry. It operates through a network of ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:34
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
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.