BSE:507910

Stock Analysis Report

Executive Summary

Fiberweb (India) Limited manufactures and sells spun-bond and melt-blown polypropylene nonwoven fabrics in India.


Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 507910's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.6%

507910

-4.4%

IN Luxury

-3.5%

IN Market


1 Year Return

-62.2%

507910

12.8%

IN Luxury

5.2%

IN Market

Return vs Industry: 507910 underperformed the Indian Luxury industry which returned 12.8% over the past year.

Return vs Market: 507910 underperformed the Indian Market which returned 5.2% over the past year.


Shareholder returns

507910IndustryMarket
7 Day-1.6%-4.4%-3.5%
30 Day-21.4%-1.4%-3.9%
90 Day-20.5%6.0%-2.1%
1 Year-61.7%-62.2%13.5%12.8%7.2%5.2%
3 Year-91.9%-92.0%45.8%44.0%18.9%12.4%
5 Year33.3%31.6%97.3%93.7%29.4%17.7%

Price Volatility Vs. Market

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


Simply Wall St News

1 year ago | Simply Wall St

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1 year ago | Simply Wall St

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Valuation

Is Fiberweb (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: 507910 (₹12.3) is trading above our estimate of fair value (₹2.79)

Significantly Below Fair Value: 507910 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 507910 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: 507910 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 507910's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 507910 is good value based on its PB Ratio (0.2x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

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

19.7%

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 Fiberweb (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 Fiberweb (India) performed over the past 5 years?

18.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 507910 is currently unprofitable.

Growing Profit Margin: 507910 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 507910 is unprofitable, but has reduced losses over the past 5 years at a rate of 18.3% per year.

Accelerating Growth: Unable to compare 507910's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 507910 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).


Return on Equity

High ROE: 507910 has a negative Return on Equity (-2.19%), as it is currently unprofitable.


Next Steps

Financial Health

How is Fiberweb (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: 507910's short term assets (₹660.3M) exceed its short term liabilities (₹109.0M).

Long Term Liabilities: 507910 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 507910's debt to equity ratio (3.4%) is considered satisfactory.

Reducing Debt: 507910 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

Inventory Level: 507910 has a high level of physical assets or inventory.

Debt Coverage by Assets: 507910's debt is covered by short term assets (assets are 12.2x debt).


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: 507910 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: 507910 has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is Fiberweb (India)'s current dividend yield, its reliability and sustainability?

1.63%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 507910's dividend (1.63%) is higher than the bottom 25% of dividend payers in the Indian market (0.61%).

High Dividend: 507910's dividend (1.63%) is low compared to the top 25% of dividend payers in the Indian market (2.67%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 507910 has been paying a dividend for less than 10 years.

Growing Dividend: 507910 has only been paying a dividend for 2 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: 507910 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.4yrs

Average management tenure


CEO

Rajesh Shukla 0

Mr. Rajesh Umashankar Shukla serves as Additional Executive Director and Chief Executive Officer at Fiberweb (India) Limited since February 6, 2020. 


Leadership Team

NamePositionTenureCompensationOwnership
Pravin Sheth
Chairman Emeritus & Consultant1.4yrs₹4.88m12.35% 41.8m
P. Krishnan
Consultant0.3yrs₹1.89m0.00038% 1.3k
Rajesh Shukla
CEO & Additional Executive Director0yrsno datano data
Mukesh Pandya
Chief Financial Officer0.3yrsno datano data
Dipika Shinde
Company Secretary & Compliance Officer0.5yrsno datano data

0.4yrs

Average Tenure

80yo

Average Age

Experienced Management: 507910's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Pravin Sheth
Chairman Emeritus & Consultant1.4yrs₹4.88m12.35% 41.8m
Rajesh Shukla
CEO & Additional Executive Director0yrsno datano data
Gopalji Rana
Non-Executive & Independent Director12.1yrs₹5.00kno data
C. Rege
Non-Executive & Independent Director10.8yrs₹15.00kno data
Bhadresh Shah
Non-Executive & Independent Director23.1yrs₹25.00k0.13% 428.9k
Bhavesh Sheth
Non-Executive & Non-Independent Director10.1yrs₹5.00k21.71% 73.4m
Soniya Sheth
Non-Executive & Non-Independent Director4.9yrs₹30.00k0.038% 129.3k
Vijay Satkalmi
Non Executive & Independent Director3.1yrs₹30.00kno data

10.1yrs

Average Tenure

66yo

Average Age

Experienced Board: 507910's board of directors are seasoned and experienced ( 10.1 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Fiberweb (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fiberweb (India) Limited
  • Ticker: 507910
  • Exchange: BSE
  • Founded: 1985
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹338.303m
  • Shares outstanding: 28.79m
  • Website: https://www.fiberwebindia.com

Number of Employees


Location

  • Fiberweb (India) Limited
  • Kadaiya
  • Airport Road
  • Daman
  • Daman and Diu
  • 396210
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
507910BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2001

Biography

Fiberweb (India) Limited manufactures and sells spun-bond and melt-blown polypropylene nonwoven fabrics in India. It primarily serves technical textile, furnishing, agriculture, hygiene, and personal care industries. Fiberweb (India) Limited also exports its products to the United States, the United Kingdom, Europe, Australia, New Zealand, South Africa, and Gulf countries. The company was formerly known as PVD Plast Mould Industries Limited. Fiberweb (India) Limited was founded in 1985 and is based in Daman, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 12:51
End of Day Share Price2020/02/27 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.