Hindoostan Mills
Market Cap
₹431.4m
Last Updated
2020/02/19 12:43 UTC
Data Sources
Company Financials
Executive Summary
Hindoostan Mills Limited manufactures and sells textile products in India.
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet and slightly overvalued.
Share Price & News
How has Hindoostan Mills's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 509895's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
32.1%
509895
-0.5%
IN Luxury
-1.5%
IN Market
1 Year Return
-15.1%
509895
18.2%
IN Luxury
10.7%
IN Market
Return vs Industry: 509895 underperformed the Indian Luxury industry which returned 18.2% over the past year.
Return vs Market: 509895 underperformed the Indian Market which returned 10.7% over the past year.
Shareholder returns
| 509895 | Industry | Market | |
|---|---|---|---|
| 7 Day | 32.1% | -0.5% | -1.5% |
| 30 Day | 25.2% | 3.0% | -2.7% |
| 90 Day | 10.8% | 9.2% | 1.3% |
| 1 Year | -15.1%-15.1% | 19.0%18.2% | 12.7%10.7% |
| 3 Year | -27.1%-27.1% | 52.2%48.8% | 22.0%15.1% |
| 5 Year | -40.9%-42.2% | 106.9%100.1% | 34.5%22.0% |
Price Volatility Vs. Market
How volatile is Hindoostan Mills's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Hindoostan Mills undervalued compared to its fair value and its price relative to the market?
23.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 509895 (₹270.05) is trading below our estimate of fair value (₹354.76)
Significantly Below Fair Value: 509895 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 509895 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 509895 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 509895's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 509895 is overvalued based on its PB Ratio (1x) compared to the IN Luxury industry average (0.5x).
Next Steps
Future Growth
How is Hindoostan Mills forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.9%
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 Hindoostan Mills 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
- Examine Hindoostan Mills's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Hindoostan Mills 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 Hindoostan Mills performed over the past 5 years?
-8.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 509895 is currently unprofitable.
Growing Profit Margin: 509895 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 509895 is unprofitable, and losses have increased over the past 5 years at a rate of -8.6% per year.
Accelerating Growth: Unable to compare 509895's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 509895 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (5.6%).
Return on Equity
High ROE: 509895 has a negative Return on Equity (-11.92%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Hindoostan Mills's financial position?
Financial Position Analysis
Short Term Liabilities: 509895's short term assets (₹577.8M) exceed its short term liabilities (₹393.3M).
Long Term Liabilities: 509895's short term assets (₹577.8M) exceed its long term liabilities (₹52.6M).
Debt to Equity History and Analysis
Debt Level: 509895's debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: 509895's debt to equity ratio has reduced from 23% to 21.5% over the past 5 years.
Balance Sheet
Inventory Level: 509895 has a high level of physical assets or inventory.
Debt Coverage by Assets: 509895's debt is covered by short term assets (assets are 6.2x 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: Whilst unprofitable 509895 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 509895 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 45.8% per year.
Next Steps
Dividend
What is Hindoostan Mills's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 509895's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 509895'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 509895's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 509895's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 509895 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 509895'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
Rajiv Ranjan (64yo)
2.4yrs
Tenure
₹4,571,000
Compensation
Mr. Rajiv Ranjan has been Chief Executive Officer of Hindoostan Mills Limited since September 7, 2017 and its Executive Director. Mr. Ranjan served as the President of Textiles of Mafatlal Industries. He s ...
CEO Compensation Analysis
Compensation vs Market: Rajiv's total compensation ($USD63.88K) is about average for companies of similar size in the Indian market ($USD50.34K).
Compensation vs Earnings: Rajiv's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.4yrs | ₹4.57m | no data | |
| CFO & Assistant GM | 1.8yrs | ₹1.73m | no data | |
| Executive Director | 3.3yrs | ₹2.36m | 1.9% ₹8.2m | |
| Company Secretary & Compliance Officer | 0.5yrs | no data | no data | |
| President of Engineering | 0yrs | no data | no data |
1.8yrs
Average Tenure
Experienced Management: 509895's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.4yrs | ₹4.57m | no data | |
| Executive Director | 3.3yrs | ₹2.36m | 1.9% ₹8.2m | |
| Non-Executive Independent Director | 8.7yrs | ₹225.00k | no data | |
| Chairman | 3.5yrs | ₹185.00k | 3.8% ₹16.4m | |
| Non-Executive Independent Director | 8.7yrs | ₹225.00k | no data | |
| Non-Executive Independent Director | 3.5yrs | ₹175.00k | no data | |
| Additional Independent Director | 0.8yrs | no data | no data |
3.5yrs
Average Tenure
52yo
Average Age
Experienced Board: 509895's board of directors are considered experienced (3.5 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
Hindoostan Mills Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hindoostan Mills Limited
- Ticker: 509895
- Exchange: BSE
- Founded: 1873
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹431.368m
- Shares outstanding: 1.66m
- Website: https://www.hindoostan.com
Number of Employees
Location
- Hindoostan Mills Limited
- Sir Vithaldas Chambers
- 16, Mumbai Samachar Marg
- Mumbai
- Maharashtra
- 400001
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 509895 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jun 2004 |
Biography
Hindoostan Mills Limited manufactures and sells textile products in India. The company offers open end yarns; and cotton and blended greige and processed fabrics. It also manufactures and supplies calendar bowls, calendaring machines, squeeze rolls, and related products for the textile, paper, and steel industries. The company also exports its products. Hindoostan Mills Limited was founded in 1873 and is headquartered in Mumbai, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/19 12:43 |
| End of Day Share Price | 2020/02/19 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.