Hindoostan Mills
BSE:509895
509895
BSE
₹450M
Market Cap
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Company description
Hindoostan Mills Limited manufactures and sells textiles products in India and internationally. The last earnings update was 77 days ago. More info.
Add to Portfolio Compare Print
- Hindoostan Mills has significant price volatility in the past 3 months.
509895 Share Price and Events
7 Day Returns
-13.1%
BSE:509895
-0.6%
IN Luxury
-1.9%
IN Market
1 Year Returns
-27.8%
BSE:509895
-4%
IN Luxury
-2.8%
IN Market
509895 Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Hindoostan Mills (509895) | -13.1% | -18.6% | -18.5% | -27.8% | -31.4% | -39.3% |
| IN Luxury | -0.6% | 1.4% | 8.8% | -4% | 47.5% | 162.4% |
| IN Market | -1.9% | 1.2% | 5.1% | -2.8% | 38.3% | 71% |
1 Year Return vs Industry and Market
- 509895 underperformed the Luxury industry which returned -4% over the past year.
- 509895 underperformed the Market in India which returned -2.8% over the past year.
Value
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
Here we compare the current
share
price of
Hindoostan Mills
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data
Below are the data sources, inputs and calculation used to determine the intrinsic value for Hindoostan Mills.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 15.1% |
| Perpetual Growth Rate | 10-Year IN Government Bond Rate | 7.6% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IN Govt Bond Rate | 7.6% |
| Equity Risk Premium | S&P Global | 8.6% |
| Luxury Unlevered Beta | Simply Wall St/ S&P Global | 0.73 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.73 (1 + (1- 35%) (20.06%)) |
0.883 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.88 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.883 * 8.6%) |
15.14% |
Discounted Cash Flow Calculation for BSE:509895 using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Hindoostan Mills is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (INR, Millions) | Source |
Present Value Discounted (@ 15.14%) |
|
|---|---|---|---|
| 2019 | 44.85 | Est @ 12.75% | 38.95 |
| 2020 | 49.86 | Est @ 11.19% | 37.61 |
| 2021 | 54.90 | Est @ 10.1% | 35.96 |
| 2022 | 60.02 | Est @ 9.33% | 34.15 |
| 2023 | 65.30 | Est @ 8.8% | 32.27 |
| 2024 | 70.80 | Est @ 8.42% | 30.38 |
| 2025 | 76.58 | Est @ 8.16% | 28.54 |
| 2026 | 82.69 | Est @ 7.98% | 26.77 |
| 2027 | 89.18 | Est @ 7.85% | 25.07 |
| 2028 | 96.10 | Est @ 7.76% | 23.46 |
| Present value of next 10 years cash flows | ₹313.16 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= ₹96.10 × (1 + 7.55%) ÷ (15.14% – 7.55%) |
₹1,361.49 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= ₹1,361.49 ÷ (1 + 15.14%)10 |
₹332.44 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= ₹313.16 + ₹332.44 |
₹645.60 |
| Equity Value per Share (INR) |
= Total value / Shares Outstanding
= ₹645.60 / 1.66 |
₹387.85 |
| Calculation | Result | |
|---|---|---|
| Value per share (INR) | From above. | ₹387.85 |
| Current discount | Discount to share price of
₹260.05
= -1 x (₹260.05 - ₹387.85) / ₹387.85 |
33% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Amount off the current price
Hindoostan Mills
is available for.
33%
Share price is
₹260.05
vs Future cash flow value of
₹387.85
Current Discount Checks
For
Hindoostan Mills
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
- Hindoostan Mills's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Hindoostan Mills's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 Hindoostan Mills's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Hindoostan Mills's earnings available for a low price, and how does
this compare to other companies in the same industry?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in INR | ₹-58.19 |
| BSE:509895 Share Price ** | BSE (2019-04-24) in INR | ₹260.05 |
| India Luxury Industry PE Ratio | Median Figure of 240 Publicly-Listed Luxury Companies | 12.23x |
| India Market PE Ratio | Median Figure of 2,739 Publicly-Listed Companies | 16.02x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Hindoostan Mills.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = BSE:509895 Share Price ÷ EPS (both in INR) = 260.05 ÷ -58.19 |
-4.47x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hindoostan Mills is loss making, we can't compare its value to the IN Luxury industry average.
- Hindoostan Mills is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does
Hindoostan Mills's expected growth come at a high price?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -4.47x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| India Luxury Industry PEG Ratio | Median Figure of 25 Publicly-Listed Luxury Companies | 1.48x |
| India Market PEG Ratio | Median Figure of 586 Publicly-Listed Companies | 1.32x |
*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 Hindoostan Mills, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Hindoostan Mills's
assets?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in INR | ₹316.84 |
| BSE:509895 Share Price * | BSE (2019-04-24) in INR | ₹260.05 |
| India Luxury Industry PB Ratio | Median Figure of 311 Publicly-Listed Luxury Companies | 0.75x |
| India Market PB Ratio | Median Figure of 3,630 Publicly-Listed Companies | 1.09x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = BSE:509895 Share Price ÷ Book Value per Share (both in INR) = 260.05 ÷ 316.84 |
0.82x |
* Primary Listing of Hindoostan Mills.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hindoostan Mills is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Hindoostan Mills's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check) Hindoostan Mills 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
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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
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!
19.3%
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
Hindoostan Mills
expected to grow at an
attractive
rate?
- Unable to compare Hindoostan Mills's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Hindoostan Mills's earnings growth to the India market average as no estimate data is available.
- Unable to compare Hindoostan Mills's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
| Data Point | Source | Value (per year) |
|---|---|---|
| India Luxury Industry Earnings Growth Rate | Market Cap Weighted Average | 19.3% |
| India Luxury Industry Revenue Growth Rate | Market Cap Weighted Average | 15% |
| India Market Earnings Growth Rate | Market Cap Weighted Average | 18.3% |
| India Market Revenue Growth Rate | Market Cap Weighted Average | 11.7% |
*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
All numbers in INR Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 1,678 | -97 | |
| 2018-09-30 | 1,681 | -85 | |
| 2018-06-30 | 1,629 | -93 | |
| 2018-03-31 | 1,646 | 76 | -106 |
| 2017-12-31 | 1,695 | -106 | |
| 2017-09-30 | 1,580 | -128 | |
| 2017-06-30 | 1,636 | -132 | |
| 2017-03-31 | 1,554 | 51 | -134 |
| 2016-12-31 | 1,571 | -111 | |
| 2016-09-30 | 1,605 | -86 | |
| 2016-06-30 | 1,554 | -51 | |
| 2016-03-31 | 1,593 | 100 | -23 |
*GAAP earnings excluding extraordinary items.
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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Hindoostan Mills Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | EPS * |
|---|---|
| 2018-12-31 | -58.19 |
| 2018-09-30 | -50.80 |
| 2018-06-30 | -55.89 |
| 2018-03-31 | -63.62 |
| 2017-12-31 | -63.93 |
| 2017-09-30 | -76.99 |
| 2017-06-30 | -79.19 |
| 2017-03-31 | -80.29 |
| 2016-12-31 | -66.86 |
| 2016-09-30 | -51.47 |
| 2016-06-30 | -30.66 |
| 2016-03-31 | -13.54 |
*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 Hindoostan Mills will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Hindoostan Mills has a total score of 0/6, 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.
Future performance checks
We assess Hindoostan Mills's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Hindoostan Mills has a total score of 0/6, 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 Hindoostan Mills 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
Hindoostan Mills'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.
- Hindoostan Mills does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- Unable to compare Hindoostan Mills's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Hindoostan Mills's 1-year growth to the IN Luxury industry average as it is not currently profitable.
Earnings and Revenue History
Hindoostan Mills'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 Hindoostan Mills Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 1,678.48 | -96.87 | 193.01 | |
| 2018-09-30 | 1,681.21 | -84.57 | 196.27 | |
| 2018-06-30 | 1,629.29 | -93.03 | 198.24 | |
| 2018-03-31 | 1,646.38 | -105.90 | 201.06 | |
| 2017-12-31 | 1,694.86 | -106.42 | 207.60 | |
| 2017-09-30 | 1,579.51 | -128.15 | 203.00 | |
| 2017-06-30 | 1,635.93 | -131.83 | 198.73 | |
| 2017-03-31 | 1,554.34 | -133.64 | 191.23 | |
| 2016-12-31 | 1,570.58 | -111.30 | 187.08 | |
| 2016-09-30 | 1,605.40 | -85.61 | 179.31 | |
| 2016-06-30 | 1,553.74 | -50.99 | 162.08 | |
| 2016-03-31 | 1,592.55 | -22.54 | 161.51 | |
| 2015-12-31 | 1,602.84 | -29.86 | 213.06 | |
| 2015-09-30 | 1,574.64 | -30.96 | 209.86 | |
| 2015-06-30 | 1,592.54 | -50.86 | 204.46 | |
| 2015-03-31 | 1,537.84 | -68.86 | 139.45 | |
| 2014-12-31 | 1,507.65 | -45.51 | 186.11 | |
| 2014-09-30 | 1,539.50 | -23.20 | 120.00 | |
| 2014-06-30 | 1,526.50 | 11.00 | 114.90 | |
| 2014-03-31 | 1,466.65 | 39.49 | 174.09 | |
| 2013-12-31 | 1,439.43 | 54.31 | 161.91 | |
| 2013-09-30 | 1,211.03 | 40.31 | 149.81 | |
| 2013-06-30 | 1,077.63 | 35.41 | 138.71 | |
| 2013-03-31 | 1,074.23 | 31.01 | 132.81 | |
| 2012-12-31 | 1,025.71 | 26.87 | 107.33 | |
| 2012-06-30 | 1,116.01 | -14.54 | 113.93 |
*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.
- It is difficult to establish if Hindoostan Mills has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Hindoostan Mills has efficiently used its assets last year compared to the IN Luxury industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Hindoostan Mills improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Hindoostan Mills has a total score of 0/6, 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.
Past performance checks
We assess Hindoostan Mills's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Hindoostan Mills has a total score of 0/6, 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 Hindoostan Mills'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 Hindoostan Mills's finances.
The net worth of a company is the difference between its assets and liabilities.
- Hindoostan Mills is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Hindoostan Mills's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of
Hindoostan Mills'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 covered by short term assets, assets are 7.4x 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 Hindoostan Mills Company Filings, last reported 3 months ago.
| Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 527.42 | 90.18 | 30.58 |
| 2018-09-30 | 527.42 | 90.18 | 30.58 |
| 2018-06-30 | 594.75 | 169.47 | 17.19 |
| 2018-03-31 | 594.75 | 169.47 | 17.19 |
| 2017-12-31 | 648.16 | 148.69 | 50.23 |
| 2017-09-30 | 648.16 | 148.69 | 50.23 |
| 2017-06-30 | 702.69 | 223.87 | 15.00 |
| 2017-03-31 | 702.46 | 221.34 | 16.46 |
| 2016-12-31 | 778.02 | 177.95 | 16.94 |
| 2016-09-30 | 778.02 | 177.95 | 16.94 |
| 2016-06-30 | 836.16 | 214.98 | 51.15 |
| 2016-03-31 | 836.16 | 268.02 | 51.15 |
| 2015-12-31 | 872.65 | 238.03 | 47.67 |
| 2015-09-30 | 872.65 | 238.03 | 47.67 |
| 2015-06-30 | 867.74 | 305.42 | 39.06 |
| 2015-03-31 | 867.74 | 305.42 | 39.06 |
| 2014-12-31 | 911.58 | 208.22 | 61.12 |
| 2014-09-30 | 911.58 | 208.22 | 61.12 |
| 2014-06-30 | 952.38 | 0.00 | 22.40 |
| 2014-03-31 | 950.44 | 0.00 | 22.40 |
| 2013-12-31 | 962.10 | 30.00 | 19.29 |
| 2013-09-30 | 962.10 | 30.00 | 19.29 |
| 2013-06-30 | 931.02 | 0.00 | 64.56 |
| 2013-03-31 | 931.02 | 0.00 | 64.56 |
| 2012-12-31 | |||
| 2012-06-30 | 914.51 | 9.00 | 25.95 |
- Hindoostan Mills's level of debt (17.1%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (3.1% vs 17.1% today).
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.
- Whilst loss making Hindoostan Mills has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
- Whilst loss making Hindoostan Mills has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -22.9% per year.
X
Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess Hindoostan Mills's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Hindoostan Mills has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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 Hindoostan Mills'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
0%
Current annual income from
Hindoostan Mills
dividends.
If you bought
₹2,000 of
Hindoostan Mills
shares you are expected to receive
₹0
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?
- Unable to evaluate Hindoostan Mills's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Hindoostan Mills's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
| 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 110 Stocks | 0.6% |
| India Market Average Dividend Yield | Market Cap Weighted Average of 1400 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.
| Date (Data in ₹) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-05-16 | 0.000 | 0.000 |
| 2018-02-07 | 0.000 | 0.000 |
| 2017-12-11 | 0.000 | 0.000 |
| 2017-09-07 | 0.000 | 0.000 |
| 2017-08-14 | 0.000 | 0.000 |
| 2016-08-16 | 4.500 | 1.195 |
| 2016-05-04 | 4.500 | 1.217 |
| 2015-07-23 | 4.000 | 1.059 |
| 2015-05-05 | 4.000 | 1.021 |
| 2014-11-21 | 10.000 | 2.110 |
| 2014-05-05 | 10.000 | 2.080 |
| 2013-05-06 | 7.500 | 2.346 |
| 2012-05-02 | 5.000 | 1.597 |
| 2011-08-10 | 5.000 | 1.422 |
| 2010-10-07 | 5.000 | 5.872 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Hindoostan Mills has not reported any payouts.
- Unable to verify if Hindoostan Mills's dividend has been increasing as the company has not reported any payouts.
X
Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess Hindoostan Mills's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Hindoostan Mills afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Hindoostan Mills has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
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
Rajiv
Ranjan
| COMPENSATION | ₹2,619,000 |
| AGE | 63 |
| TENURE AS CEO | 1.6 years |
CEO Bio
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 served as Senior Vice President of Mafatlal Denim Limited. Mr. Ranjan is credentialed as an Associate Certified Coach by the International Coach Federation , USA. Mr. Ranjan is having extensive exposure to a gamut of areas including manufacturing, marketing, finance, costing and HR with an overall P&L responsibility of business across the tenure. Mr. Ranjan has also competence in setting up of Greenfield projects and turning around operations while scaling them up into sustainable and profitable business. He has deft in interacting with global stakeholders across various levels of hierarchy including internal as well as customers, senior management and auditors. Mr. Ranjan’s major last assignment was President – Textiles with Mafatlal Industries Limited from January, 1994 to July, 2014. Mr. Ranjan has done B. Tech. in Textile Engineering from IIT, New Delhi and having work experience of more than 38 years in the Textile Industry.
CEO Compensation
- Insufficient data for Rajiv to compare compensation growth.
- Rajiv's remuneration is higher than average for companies of similar size in India.
Management Team Tenure
Average tenure of the Hindoostan Mills management team in years:
0.9
Average Tenure
- The average tenure for the Hindoostan Mills management team is less than 2 years, this suggests a new team.
Management Team
Rajiv Ranjan
TITLE
CEO & Executive Director
COMPENSATION
₹3M
AGE
63
TENURE
1.6 yrs
Khushaal Thackersey
TITLE
Executive Director
COMPENSATION
₹1M
AGE
30
Shraddha Shettigar
TITLE
CFO & Assistant GM
TENURE
0.9 yrs
Rajesh Singh
TITLE
Company Secretary & Compliance Officer
TENURE
0.3 yrs
Akash Juneja
TITLE
President of Engineering
Board of Directors Tenure
Average tenure and age of the Hindoostan Mills board of directors in years:
2.7
Average Tenure
57
Average Age
- The average tenure for the Hindoostan Mills board of directors is less than 3 years, this suggests a new board.
Board of Directors
Chandrahas Thackersey
TITLE
Chairman
COMPENSATION
₹150K
AGE
70
TENURE
2.7 yrs
Rajiv Ranjan
TITLE
CEO & Executive Director
COMPENSATION
₹3M
AGE
63
TENURE
1.3 yrs
Sudhir Thackersey
TITLE
Chairman Emeritus
COMPENSATION
₹20K
AGE
83
Khushaal Thackersey
TITLE
Executive Director
COMPENSATION
₹1M
AGE
30
TENURE
2.4 yrs
Bhavesh Panjuani
TITLE
Non-Executive Independent Director
COMPENSATION
₹180K
AGE
51
TENURE
7.8 yrs
Sujal Shah
TITLE
Non-Executive Independent Director
COMPENSATION
₹180K
AGE
50
TENURE
7.8 yrs
Ashok Desai
TITLE
Non-Executive Independent Director
COMPENSATION
₹110K
AGE
65
TENURE
2.7 yrs
Raoul Thackersey
TITLE
Non-Executive Director
COMPENSATION
₹100K
AGE
47
TENURE
12.5 yrs
Maitreyee Agboatwala
TITLE
Director
TENURE
1.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (₹) | Value (₹) | |
|---|---|---|---|---|---|---|---|---|---|---|
X
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.
Management checks
We assess Hindoostan Mills's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Hindoostan Mills 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.
Company Info
Description
Hindoostan Mills Limited manufactures and sells textiles products in India and internationally. It offers open end yarns, and cotton greige and processed fabrics. The company also manufactures and supplies calendar bowls, calendaring machines, squeeze rolls, and related products for the textile, paper, and steel industries. In addition, it manufactures fabrics, uni-directional fabrics, and other specialized products, as well as provides high performance fabric carbon fiber, glass, and aramide composite reinforcements, specialty chemicals, and composite end products for the infrastructure, automotive, marine, sports, and industrial markets. The company was founded in 1873 and is headquartered in Mumbai, India.
Details
| Name: | Hindoostan Mills Limited |
| 509895 | |
| Exchange: | BSE |
| Founded: | 1873 |
| ₹449,511,187 | |
| 1,664,548 | |
| Website: | http://www.hindoostan.com |
| Address: |
Hindoostan Mills Limited Sir Vithaldas Chambers, 16, Mumbai Samachar Marg, Mumbai, Maharashtra, 400001, India |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| BSE | 509895 | Equity Shares | Mumbai Stock Exchange | IN | INR | 23. Jun 2004 |
Number of employees
Current staff
468
Hindoostan Mills
employees.
Industry
| Textiles | |
| Consumer Durables |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/24 12:38 |
| End of day share price update: | 2019/04/24 00:00 |
| Last earnings filing: | 2019/02/06 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/03/31 |
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.
