BSE:512257

Stock Analysis Report

Swasti Vinayaka Art and Heritage

Executive Summary

Swasti Vinayaka Art and Heritage Corporation Limited engages in the compensation and renting of immovable properties in India.

Rewards

PE ratio (10.4x) is below the Indian market (12.6x)

Pays a reliable dividend of 5.83%

Risk Analysis

Debt is not well covered by operating cash flow

Does not have a meaningful market cap (₹133M)

Profit margins (13.9%) are lower than last year (21.9%)

Does not have meaningful revenue (₹92M)



Snowflake Analysis

Adequate balance sheet average dividend payer.

Share Price & News

How has Swasti Vinayaka Art and Heritage's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 512257 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.2%

512257

0.08%

IN Luxury

-2.9%

IN Market


1 Year Return

-12.1%

512257

6.2%

IN Luxury

2.8%

IN Market

Return vs Industry: 512257 underperformed the Indian Luxury industry which returned 6.2% over the past year.

Return vs Market: 512257 underperformed the Indian Market which returned 2.8% over the past year.


Shareholder returns

512257IndustryMarket
7 Day1.2%0.08%-2.9%
30 Day2.7%-0.2%-1.4%
90 Day-9.7%7.3%6.2%
1 Year-7.2%-12.1%7.0%6.2%4.8%2.8%
3 Year29.2%11.7%60.0%58.1%31.3%24.4%
5 Year2.3%-21.1%110.7%106.9%42.7%29.9%

Price Volatility Vs. Market

How volatile is Swasti Vinayaka Art and Heritage's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Swasti Vinayaka Art and Heritage undervalued compared to its fair value and its price relative to the market?

10.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 512257 (₹3.43) is trading above our estimate of fair value (₹2.79)

Significantly Below Fair Value: 512257 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 512257 is poor value based on its PE Ratio (10.4x) compared to the Luxury industry average (10.4x).

PE vs Market: 512257 is good value based on its PE Ratio (10.4x) compared to the Indian market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 512257's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 512257 is overvalued based on its PB Ratio (1.2x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

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

20.6%

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 Art and Heritage 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 Swasti Vinayaka Art and Heritage performed over the past 5 years?

2.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 512257 has high quality earnings.

Growing Profit Margin: 512257's current net profit margins (13.9%) are lower than last year (21.9%).


Past Earnings Growth Analysis

Earnings Trend: 512257's earnings have grown by 2.1% per year over the past 5 years.

Accelerating Growth: 512257's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 512257 had negative earnings growth (-37.6%) over the past year, making it difficult to compare to the Luxury industry average (1%).


Return on Equity

High ROE: 512257's Return on Equity (10.6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Swasti Vinayaka Art and Heritage's financial position?


Financial Position Analysis

Short Term Liabilities: 512257's short term assets (₹192.8M) exceed its short term liabilities (₹56.5M).

Long Term Liabilities: 512257's short term assets (₹192.8M) exceed its long term liabilities (₹131.6M).


Debt to Equity History and Analysis

Debt Level: 512257's debt to equity ratio (62.4%) is considered high.

Reducing Debt: 512257's debt to equity ratio has reduced from 165.7% to 62.4% over the past 5 years.

Debt Coverage: 512257's debt is not well covered by operating cash flow (9.1%).

Interest Coverage: 512257's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet

Inventory Level: 512257 has a high level of physical assets or inventory.

Debt Coverage by Assets: 512257's debt is covered by short term assets (assets are 2.6x debt).


Next Steps

Dividend

What is Swasti Vinayaka Art and Heritage's current dividend yield, its reliability and sustainability?

5.83%

Current Dividend Yield


Dividend Yield vs Market

company5.8%marketbottom25%0.6%markettop25%2.6%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: 512257's dividend (5.83%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 512257's dividend (5.83%) is in the top 25% of dividend payers in the Indian market (2.56%)


Stability and Growth of Payments

Stable Dividend: 512257's dividends per share have been stable in the past 10 years.

Growing Dividend: 512257's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (60.9%), 512257's dividend payments are 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

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

1.4yrs

Average management tenure


CEO

Dinesh Ramprasad Kumar Poddar (55yo)

14.7yrs

Tenure

₹3,147,174

Compensation

Mr. Dinesh Ramprasad Kumar Keshardeo Poddar has been the Managing Director of Ashirwad Capital Limited since January 1, 2014 and has been its Chairman since May 25, 2018. He joined Ashirwad Capital Limited ...


CEO Compensation Analysis

Compensation vs Market: Dinesh Ramprasad Kumar's total compensation ($USD44.43K) is about average for companies of similar size in the Indian market ($USD50.82K).

Compensation vs Earnings: Dinesh Ramprasad Kumar's compensation has been consistent with company performance over the past year.


Management Age and Tenure

1.4yrs

Average Tenure

Experienced Management: 512257's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Age and Tenure

6.1yrs

Average Tenure

55yo

Average Age

Experienced Board: 512257's board of directors are considered experienced (6.1 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Sell₹2,024,96207 May 19
Rajesh Kumar Poddar
EntityIndividual
Role
Member of the Board of Directors
Non Executive Director
Shares625,000
Max Price₹3.24
Sell₹2,183,71907 May 19
Dinesh Ramprasad Kumar Poddar
EntityIndividual
Role
Chief Executive Officer
MD & Chairman
Shares674,000
Max Price₹3.24
Buy₹4,208,68107 May 19
Swasti Vinayaka Investech Private Limited
EntityCompany
Shares1,299,000
Max Price₹3.24

Ownership Breakdown

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


Management Team

  • Shilpa Poddar (49yo)

    Whole Time Director

    • Tenure: 4.8yrs
    • Compensation: ₹1.09m
  • Dinesh Ramprasad Kumar Poddar (55yo)

    MD & Chairman

    • Tenure: 14.7yrs
    • Compensation: ₹3.15m
  • Shantaram Shinde

    Chief Financial Officer

    • Tenure: 0.8yrs
  • Riddhi Vaity

    Company Secretary & Compliance Officer

    • Tenure: 0.8yrs

Board Members

  • Ramprasad Poddar (83yo)

    Director

    • Tenure: 30.5yrs
    • Compensation: ₹2.61m
  • Rajesh Kumar Poddar (51yo)

    Non Executive Director

    • Tenure: 14yrs
  • Shilpa Poddar (49yo)

    Whole Time Director

    • Tenure: 4.8yrs
    • Compensation: ₹1.09m
  • Dinesh Ramprasad Kumar Poddar (55yo)

    MD & Chairman

    • Tenure: 14.7yrs
    • Compensation: ₹3.15m
  • Sanjiv Rungta (57yo)

    Independent Director

    • Tenure: 7.4yrs
  • Rakesh Garodia

    Independent Director

    • Tenure: 4.8yrs

Company Information

Swasti Vinayaka Art and Heritage Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Swasti Vinayaka Art and Heritage Corporation Limited
  • Ticker: 512257
  • Exchange: BSE
  • Founded: 1985
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₹133.200m
  • Shares outstanding: 40.00m
  • Website: https://www.svartcorp.in

Number of Employees


Location

  • Swasti Vinayaka Art and Heritage Corporation Limited
  • 303, Tantia Jogani Industrial Estate
  • J. R. Boricha Marg
  • Mumbai
  • Maharashtra
  • 400011
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
512257BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 1998

Biography

Swasti Vinayaka Art and Heritage Corporation Limited engages in the compensation and renting of immovable properties in India. The company also manufactures carvings of precious and semi-precious stones, p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/11 12:35
End of Day Share Price2019/12/11 00:00
Earnings2019/09/30
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.