Swasti Vinayaka Synthetics
Market Cap
₹207.9m
Last Updated
2020/02/18 12:38 UTC
Data Sources
Company Financials
Executive Summary
Swasti Vinayaka Synthetics Limited manufactures and sells suiting, shirting, and other apparel products in India.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet average dividend payer.
Share Price & News
How has Swasti Vinayaka Synthetics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 510245 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-11.2%
510245
-0.5%
IN Luxury
-1.5%
IN Market
1 Year Return
-1.0%
510245
18.2%
IN Luxury
10.7%
IN Market
Return vs Industry: 510245 underperformed the Indian Luxury industry which returned 18.4% over the past year.
Return vs Market: 510245 underperformed the Indian Market which returned 11.1% over the past year.
Shareholder returns
| 510245 | Industry | Market | |
|---|---|---|---|
| 7 Day | -11.2% | -0.5% | -1.5% |
| 30 Day | -1.4% | 3.0% | -2.7% |
| 90 Day | 4.7% | 9.2% | 1.3% |
| 1 Year | 2.5%-1.0% | 19.0%18.2% | 12.7%10.7% |
| 3 Year | -10.6%-18.2% | 52.2%48.8% | 22.0%15.1% |
| 5 Year | 58.1%34.6% | 106.9%100.1% | 34.5%22.0% |
Price Volatility Vs. Market
How volatile is Swasti Vinayaka Synthetics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Swasti Vinayaka Synthetics undervalued compared to its fair value and its price relative to the market?
8.09x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 510245 (₹2.92) is trading above our estimate of fair value (₹2.76)
Significantly Below Fair Value: 510245 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 510245 is good value based on its PE Ratio (8.1x) compared to the Luxury industry average (11.1x).
PE vs Market: 510245 is good value based on its PE Ratio (8.1x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 510245's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 510245 is overvalued based on its PB Ratio (1.5x) compared to the IN Luxury industry average (0.5x).
Next Steps
Future Growth
How is Swasti Vinayaka Synthetics 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 Swasti Vinayaka Synthetics 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 Swasti Vinayaka Synthetics'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.
- Swasti Vinayaka Synthetics 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 Swasti Vinayaka Synthetics performed over the past 5 years?
30.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 510245 has high quality earnings.
Growing Profit Margin: 510245's current net profit margins (13.3%) are higher than last year (11.2%).
Past Earnings Growth Analysis
Earnings Trend: 510245's earnings have grown significantly by 30.6% per year over the past 5 years.
Accelerating Growth: 510245's earnings growth over the past year (2.7%) is below its 5-year average (30.6% per year).
Earnings vs Industry: 510245 earnings growth over the past year (2.7%) underperformed the Luxury industry 2.7%.
Return on Equity
High ROE: 510245's Return on Equity (17.9%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Swasti Vinayaka Synthetics's financial position?
Financial Position Analysis
Short Term Liabilities: 510245's short term assets (₹171.2M) exceed its short term liabilities (₹78.7M).
Long Term Liabilities: 510245's short term assets (₹171.2M) exceed its long term liabilities (₹43.6M).
Debt to Equity History and Analysis
Debt Level: 510245's debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: 510245's debt to equity ratio has reduced from 24.1% to 7% over the past 5 years.
Debt Coverage: 510245's debt is well covered by operating cash flow (141.6%).
Interest Coverage: 510245's interest payments on its debt are well covered by EBIT (13.4x coverage).
Balance Sheet
Inventory Level: 510245 has a high level of physical assets or inventory.
Debt Coverage by Assets: 510245's debt is covered by short term assets (assets are 17.6x debt).
Next Steps
Dividend
What is Swasti Vinayaka Synthetics's current dividend yield, its reliability and sustainability?
3.77%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 510245's dividend (3.77%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: 510245's dividend (3.77%) is in the top 25% of dividend payers in the Indian market (2.55%)
Stability and Growth of Payments
Stable Dividend: 510245's dividend payments have been volatile in the past 10 years.
Growing Dividend: 510245's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.5%), 510245's dividend payments are well covered by earnings.
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?
0.8yrs
Average management tenure
CEO
Nagabhushan Hegde 0
Mr. Nagabhushan T. Hegde serves as Chief Executive Officer at Swasti Vinayaka Synthetics Ltd. and served as its Compliance Officer until April 26, 2019. He was Compliance Officer in Ashirwad Capital Limite ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 1.8yrs | ₹3.25m | 3.61% ₹7.5m | |
| Chief Marketing Officer | 0yrs | no data | no data | |
| Chief Executive Officer | 0yrs | no data | no data | |
| Chief Financial Officer | 0.8yrs | no data | no data | |
| Company Secretary & Compliance Officer | 0.8yrs | no data | no data |
0.8yrs
Average Tenure
44yo
Average Age
Experienced Management: 510245's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 1.8yrs | ₹3.25m | 3.61% ₹7.5m | |
| Independent Director | 11.2yrs | no data | no data | |
| Director | 0yrs | no data | 2.64% ₹5.5m | |
| Non-Executive Director | 4.9yrs | no data | 0.14% ₹301.4k | |
| Non-Executive Director | 0yrs | no data | 3.83% ₹8.0m | |
| Independent Director | 11.2yrs | no data | no data |
8.0yrs
Average Tenure
55.5yo
Average Age
Experienced Board: 510245's board of directors are considered experienced (8 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
Swasti Vinayaka Synthetics Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Swasti Vinayaka Synthetics Limited
- Ticker: 510245
- Exchange: BSE
- Founded: 1981
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹207.900m
- Shares outstanding: 70.00m
- Website: https://www.swastivinayaka.com
Number of Employees
Location
- Swasti Vinayaka Synthetics Limited
- 306, Tantia Jogani Industrial Estate
- J. R. Boricha Marg
- Mumbai
- Maharashtra
- 400011
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 510245 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jan 2002 |
Biography
Swasti Vinayaka Synthetics Limited manufactures and sells suiting, shirting, and other apparel products in India. It offers a range of shirting fabrics, including cotton, linen, lycra, polyester, viscose, and their blends. The company provides its uniform fabrics to corporate and government institutions. It also designs bridal and formal ethnic wear under the Ivy League brand; and supplies salwar kameez and tunics. The company markets its products through a network of agents/dealers, as well as directly to retail chains, the RMG sector, garment exporters, clothing brands, and corporate houses. The company was formerly known as Rajesh Synthetics Ltd. and changed its name to Swasti Vinayaka Synthetics Limited in September 1999. Swasti Vinayaka Synthetics Limited was incorporated in 1981 and is based in Mumbai, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/18 12:38 |
| End of Day Share Price | 2020/02/18 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.