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Swasti Vinayaka Art and Heritage

BSE:512257
Snowflake Description

Excellent balance sheet, good value and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
512257
BSE
₹140M
Market Cap
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Last updated 2019/03/25 12:35
Company description

Swasti Vinayaka Art and Heritage Corporation Limited engages in the compensation and renting of immovable properties in India. The last earnings update was 59 days ago. More info.

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512257 Share Price and Events
7 Day Returns
0.3%
BSE:512257
0.2%
IN Luxury
-0.3%
IN Market
1 Year Returns
-35%
BSE:512257
2.6%
IN Luxury
3.3%
IN Market
512257 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Swasti Vinayaka Art and Heritage (512257) 0.3% -1.2% -10.8% -35% -10.5% 74.4%
IN Luxury 0.2% 7.4% 9.5% 2.6% 54.2% 180.5%
IN Market -0.3% 6.1% 3.7% 3.3% 42.8% 75.4%
1 Year Return vs Industry and Market
  • 512257 underperformed the Luxury industry which returned 2.6% over the past year.
  • 512257 underperformed the Market in India which returned 3.3% over the past year.
Price Volatility
512257
Industry
5yr Volatility vs Market
Related Companies

512257 Value

 Is Swasti Vinayaka Art and Heritage undervalued based on future cash flows and its price relative to the stock market?

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 Swasti Vinayaka Art and Heritage 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 Swasti Vinayaka Art and Heritage.

BSE:512257 Discounted Cash Flow Data Sources
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 15.8%
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.

Calculation of Discount Rate/ Cost of Equity for BSE:512257
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))
= 0.728 (1 + (1- 35%) (44.7%)) 		0.96
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.96 * 8.6%) 		15.8%

Discounted Cash Flow Calculation for BSE:512257 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Swasti Vinayaka Art and Heritage 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.

BSE:512257 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 15.8%)
2019 31.38 Est @ 12.74% 27.10
2020 34.89 Est @ 11.18% 26.02
2021 38.41 Est @ 10.09% 24.74
2022 42.00 Est @ 9.33% 23.35
2023 45.69 Est @ 8.8% 21.94
2024 49.54 Est @ 8.42% 20.54
2025 53.58 Est @ 8.16% 19.18
2026 57.86 Est @ 7.98% 17.89
2027 62.40 Est @ 7.85% 16.66
2028 67.24 Est @ 7.76% 15.50
Present value of next 10 years cash flows ₹212.92
BSE:512257 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹67.24 × (1 + 7.55%) ÷ (15.8% – 7.55%) 		₹876.12
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹876.12 ÷ (1 + 15.8%)10 		₹201.98
BSE:512257 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹212.92 + ₹201.98 		₹414.90
Equity Value per Share
(INR)		 = Total value / Shares Outstanding
= ₹414.90 / 40.00 		₹10.37
BSE:512257 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹10.37
Current discount Discount to share price of ₹3.40
= -1 x (₹3.40 - ₹10.37) / ₹10.37 		67.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Swasti Vinayaka Art and Heritage is available for.
Intrinsic value
>50%
Share price is ₹3.4 vs Future cash flow value of ₹10.37
Current Discount Checks
For Swasti Vinayaka Art and Heritage to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Swasti Vinayaka Art and Heritage's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Swasti Vinayaka Art and Heritage's share price is below the future cash flow value, and 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 Swasti Vinayaka Art and Heritage's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Swasti Vinayaka Art and Heritage's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:512257 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹0.45
BSE:512257 Share Price ** BSE (2019-03-25) in INR ₹3.4
India Luxury Industry PE Ratio Median Figure of 239 Publicly-Listed Luxury Companies 12.3x
India Market PE Ratio Median Figure of 2,730 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Swasti Vinayaka Art and Heritage.

BSE:512257 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:512257 Share Price ÷ EPS (both in INR)

= 3.4 ÷ 0.45

 7.58x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Swasti Vinayaka Art and Heritage is good value based on earnings compared to the IN Luxury industry average.
  • Swasti Vinayaka Art and Heritage is good value based on earnings compared to the India market.
Price based on expected Growth
Does Swasti Vinayaka Art and Heritage's expected growth come at a high price?
Raw Data
BSE:512257 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.58x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts		 -5.8%per year
India Luxury Industry PEG Ratio Median Figure of 26 Publicly-Listed Luxury Companies 1.5x
India Market PEG Ratio Median Figure of 595 Publicly-Listed Companies 1.29x

*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 Swasti Vinayaka Art and Heritage, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Swasti Vinayaka Art and Heritage's assets?
Raw Data
BSE:512257 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹3.09
BSE:512257 Share Price * BSE (2019-03-25) in INR ₹3.4
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.76x
India Market PB Ratio Median Figure of 3,621 Publicly-Listed Companies 1.11x
BSE:512257 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:512257 Share Price ÷ Book Value per Share (both in INR)

= 3.4 ÷ 3.09

 1.1x

* Primary Listing of Swasti Vinayaka Art and Heritage.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Swasti Vinayaka Art and Heritage is overvalued based on assets compared to the IN Luxury industry average.
Show me more potentially undervalued companies in the Luxury industry
X
Value checks
We assess Swasti Vinayaka Art and Heritage's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
    5. Swasti Vinayaka Art and Heritage has a total score of 4/6, 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.

512257 Future Performance

 How is Swasti Vinayaka Art and Heritage expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Swasti Vinayaka Art and Heritage, future earnings growth has been estimated based on fundamentals.
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!
Annual Growth Rate
-5.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Swasti Vinayaka Art and Heritage expected to grow at an attractive rate?
  • Swasti Vinayaka Art and Heritage's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Swasti Vinayaka Art and Heritage's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • Unable to compare Swasti Vinayaka Art and Heritage's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:512257 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:512257 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -5.8%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.6%
India Market Revenue Growth Rate Market Cap Weighted Average 11.9%

*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
BSE:512257 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:512257 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 95 18
2018-09-30 94 20
2018-06-30 94 22
2018-03-31 97 32 24
2017-12-31 101 33
2017-09-30 96 30
2017-06-30 94 28
2017-03-31 88 16 26
2016-12-31 82 15
2016-09-30 84 16
2016-06-30 88 19
2016-03-31 91 36 21

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Swasti Vinayaka Art and Heritage's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Swasti Vinayaka Art and Heritage is high growth as no revenue estimate data is available.
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
BSE:512257 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Swasti Vinayaka Art and Heritage Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:512257 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 0.45
2018-09-30 0.51
2018-06-30 0.56
2018-03-31 0.61
2017-12-31 0.81
2017-09-30 0.75
2017-06-30 0.69
2017-03-31 0.64
2016-12-31 0.38
2016-09-30 0.41
2016-06-30 0.48
2016-03-31 0.52

*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 Swasti Vinayaka Art and Heritage will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Swasti Vinayaka Art and Heritage's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Swasti Vinayaka Art and Heritage 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.

512257 Past Performance

  How has Swasti Vinayaka Art and Heritage 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 Swasti Vinayaka Art and Heritage'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.
  • Swasti Vinayaka Art and Heritage's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Swasti Vinayaka Art and Heritage's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Swasti Vinayaka Art and Heritage's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.
Earnings and Revenue History
Swasti Vinayaka Art and Heritage'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 Swasti Vinayaka Art and Heritage Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:512257 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 95.04 17.72 25.15
2018-09-30 93.66 20.48 24.33
2018-06-30 94.09 21.99 22.90
2018-03-31 97.24 24.31 21.37
2017-12-31 100.66 33.21 22.50
2017-09-30 95.68 30.07 21.76
2017-06-30 93.99 27.78 21.32
2017-03-31 88.32 25.66 21.05
2016-12-31 81.61 15.29 18.41
2016-09-30 84.10 16.49 17.93
2016-06-30 87.88 19.44 13.72
2016-03-31 91.13 20.93 17.53
2015-12-31 120.18 21.08 29.79
2015-09-30 118.90 20.89 32.80
2015-06-30 119.24 19.27 32.20
2015-03-31 113.29 15.58 15.67
2014-12-31 84.99 14.42 28.48
2014-09-30 82.65 12.25 27.90
2014-06-30 76.20 8.26 27.29
2014-03-31 77.85 9.74 27.01
2013-12-31 75.07 9.10 30.52
2013-09-30 76.87 9.73 30.66
2013-06-30 83.40 11.26 30.17
2013-03-31 84.09 11.43 29.75
2012-12-31 85.20 13.06 30.89
2012-09-30 87.54 16.14 29.76
2012-06-30 91.32 17.42 29.60
2012-03-31 93.81 16.13 29.31

*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.
  • Swasti Vinayaka Art and Heritage has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Swasti Vinayaka Art and Heritage used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Swasti Vinayaka Art and Heritage's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Swasti Vinayaka Art and Heritage's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Swasti Vinayaka Art and Heritage has a total score of 2/6, 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.

512257 Health

 How is Swasti Vinayaka Art and Heritage'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 Swasti Vinayaka Art and Heritage's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Swasti Vinayaka Art and Heritage is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Swasti Vinayaka Art and Heritage's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Swasti Vinayaka Art and Heritage'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 2.6x 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 Swasti Vinayaka Art and Heritage Company Filings, last reported 2 months ago.

BSE:512257 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 119.10 62.40 1.05
2018-09-30 119.10 62.40 1.05
2018-06-30 109.81 52.14 0.50
2018-03-31 109.81 52.14 0.50
2017-12-31 107.70 55.30 1.20
2017-09-30 107.70 55.30 1.20
2017-06-30 94.58 61.10 1.70
2017-03-31 94.94 61.10 0.67
2016-12-31 87.30 59.60 1.10
2016-09-30 87.30 59.60 1.10
2016-06-30 78.60 67.00 0.50
2016-03-31 78.59 68.73 0.51
2015-12-31 80.50 64.80 0.50
2015-09-30 80.50 64.80 0.50
2015-06-30 67.34 80.35 0.84
2015-03-31 67.34 80.35 0.84
2014-12-31
2014-09-30
2014-06-30 61.40 117.80 0.79
2014-03-31 61.40 117.80 0.79
2013-12-31 66.30 114.70 0.50
2013-09-30 66.30 114.70 0.50
2013-06-30 61.02 119.21 0.84
2013-03-31 61.02 119.21 0.84
2012-12-31
2012-09-30
2012-06-30 58.95 130.31 1.09
2012-03-31 58.95 130.31 1.09
  • Swasti Vinayaka Art and Heritage's level of debt (52.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (173.2% vs 52.4% today).
  • Debt is well covered by operating cash flow (51%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.5x coverage).
Show me more healthy companies in the Luxury industry
X
Financial health checks
We assess Swasti Vinayaka Art and Heritage's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Swasti Vinayaka Art and Heritage has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

512257 Dividends

 What is Swasti Vinayaka Art and Heritage'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
Dividend payments
5.88%
Current annual income from Swasti Vinayaka Art and Heritage dividends.
If you bought ₹2,000 of Swasti Vinayaka Art and Heritage shares you are expected to receive ₹118 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?
  • Swasti Vinayaka Art and Heritage's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Swasti Vinayaka Art and Heritage's dividend is above the markets top 25% of dividend payers in India (1.91%).
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
BSE:512257 Annualized Past and Future Dividends
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 1399 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 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:512257 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-05-25 0.200 4.993
2017-05-30 0.200 3.781
2016-10-05 0.200 6.491
2016-05-30 0.200 6.318
2015-06-01 0.200 5.208
2014-07-01 0.200 5.018
2014-05-30 0.200 5.426
2013-07-01 0.200 9.290
2013-05-30 0.200 6.790
2012-05-28 0.200 6.476
2012-01-16 0.200 6.153
2011-11-17 0.200 6.538
2011-05-20 0.200 4.602
2010-05-17 0.250 4.423
2009-03-26 0.200 5.414

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Swasti Vinayaka Art and Heritage's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Show me more dividend paying companies in the Luxury industry
X
Income/ dividend checks
We assess Swasti Vinayaka Art and Heritage's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Swasti Vinayaka Art and Heritage afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Swasti Vinayaka Art and Heritage has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

512257 Management

 What is the CEO of Swasti Vinayaka Art and Heritage's salary, the management and board of directors tenure and is there insider trading?

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
Dinesh Ramprasad Kumar Poddar
COMPENSATION ₹2,781,268
AGE 54
TENURE AS CEO 13.9 years
CEO Bio

Mr. Dinesh Ramprasad Kumar Keshardeo Poddar has been the Managing Director of Ashirwad Capital Limited since January 1, 2006 and has been its Chairman since May 25, 2018. Mr. Poddar has been the Managing Director of Swasti Vinayaka Art And Heritage Corporation Ltd (also known as Swasti Vinayaka Gems Corporation Limited) since April 1, 2005 and its Chairman since May 25, 2018. He served as a Compliance Officer of Shah Construction Company Limited (formerly, Shah Construction Ltd). He is a Co-founder of the Swasti Vinayaka group. Mr. Poddar has experience in the field of Finance Information Networking and Portfolio Management in a Securities Market in addition to the experience in the field of Textile and Real Estate. Mr. Poddar has been an Executive Director at Swasti Vinayaka Gems Corporation Limited since June 30th, 1989. He serves as a Director of Ashirwad Capital Limited, Swasti Vinayaka Synthetics Ltd., Swasti Vinayaka Gems Corp. Ltd., Elan Realtors India Pvt Ltd., IVY League Fashions Pvt Ltd., MA Passion (India) Ltd., and Vinayaka Realestate Dev. Ltd. He serves as a Director at Shah Construction Company Limited since September 30, 1995. He served as an Independent Director of Gini Silk Mills Limited. Mr. Poddar holds an MBA Finance and MS Information from the University of Pittsburgh, USA. He holds a B.Com.

CEO Compensation
  • Dinesh Ramprasad Kumar's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Dinesh Ramprasad Kumar's remuneration is higher than average for companies of similar size in India.
Management Team

Dinesh Ramprasad Kumar Poddar

TITLE
MD & Chairman
COMPENSATION
₹3M
AGE
54
TENURE
13.9 yrs

Shilpa Poddar

TITLE
Whole Time Director
COMPENSATION
₹1M
AGE
48
TENURE
1.3 yrs

Sunil Bhiwandkar

TITLE
Chief Financial Officer

Nagabhushan Hegde

TITLE
Compliance Officer
Board of Directors Tenure

Average tenure and age of the Swasti Vinayaka Art and Heritage board of directors in years:

5.4
Average Tenure
54
Average Age
  • The tenure for the Swasti Vinayaka Art and Heritage board of directors is about average.
Board of Directors

Dinesh Ramprasad Kumar Poddar

TITLE
MD & Chairman
COMPENSATION
₹3M
AGE
54
TENURE
0.8 yrs

Shilpa Poddar

TITLE
Whole Time Director
COMPENSATION
₹1M
AGE
48
TENURE
4 yrs

Rajesh Poddar

TITLE
Non Executive Director
AGE
49
TENURE
13.3 yrs

Sanjiv Rungta

TITLE
Independent Director
AGE
56
TENURE
6.8 yrs

Rakesh Garodia

TITLE
Independent Director
TENURE
4 yrs

Ramprasad Poddar

TITLE
Director
COMPENSATION
₹2M
AGE
82
TENURE
29.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Swasti Vinayaka Art and Heritage's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Swasti Vinayaka Art and Heritage 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.

512257 News

Simply Wall St News

Should You Expect Swasti Vinayaka Art and Heritage Corporation Limited (BOM:512257) To Continue Delivering An ROE Of 22.14%?

and want to better understand how you can grow your money by investing in Swasti Vinayaka Art and Heritage Corporation Limited (BOM:512257). … Swasti Vinayaka Art and Heritage Corporation Limited (BOM:512257) outperformed the apparel, accessories and luxury goods industry on the basis of its ROE – producing a higher 22.14% relative to the peer average of 7.55% over the past 12 months. … Return on Equity (ROE) is a measure of Swasti Vinayaka Art and Heritage’s profit relative to its shareholders’ equity.

Simply Wall St - –

512257 Company Info

Description

Swasti Vinayaka Art and Heritage Corporation Limited engages in the compensation and renting of immovable properties in India. The company also manufactures and trades in gemstone carvings, signio paintings gemstones, and couture jewelry. The company was incorporated in 1985 and is based in Mumbai, India.

Details
Name: Swasti Vinayaka Art and Heritage Corporation Limited
512257
Exchange: BSE
Founded: 1985
₹139,600,000
40,000,000
Website: http://www.svartcorp.in
Address: Swasti Vinayaka Art and Heritage Corporation Limited
303, Tantia Jogani Industrial Estate,
J. R. Boricha Marg,
Mumbai,
Maharashtra, 400011,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 512257 Equity Shares Mumbai Stock Exchange IN INR 04. Aug 1998
Number of employees
Current staff
Staff numbers
42
Swasti Vinayaka Art and Heritage employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/25 12:35
End of day share price update: 2019/03/25 00:00
Last earnings filing: 2019/01/25
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.

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