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Shri Jagdamba Polymers

BSE:512453
Snowflake Description

Flawless balance sheet with outstanding track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
512453
BSE
₹2B
Market Cap
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Last updated 2019/04/18 12:44
Company description

Shri Jagdamba Polymers Limited engages in the manufacture and sale of woven polypropylene/polyethylene fabrics in India. The last earnings update was 63 days ago. More info.

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512453 Share Price and Events
7 Day Returns
-0.7%
BSE:512453
1.4%
IN Luxury
1.7%
IN Market
1 Year Returns
21.2%
BSE:512453
-3.3%
IN Luxury
0.1%
IN Market
512453 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Shri Jagdamba Polymers (512453) -0.7% 2.8% 6.7% 21.2% 529% 5688.2%
IN Luxury 1.4% 2% 8.4% -3.3% 47.7% 164.2%
IN Market 1.7% 2.7% 5.8% 0.1% 41.6% 73.3%
1 Year Return vs Industry and Market
  • 512453 outperformed the Luxury industry which returned -3.3% over the past year.
  • 512453 outperformed the Market in India which returned 0.1% over the past year.
Price Volatility
512453
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Shri Jagdamba Polymers 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 Shri Jagdamba Polymers 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 Shri Jagdamba Polymers.

BSE:512453 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 14.7%
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:512453
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%) (5.66%)) 		0.836
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 0.84
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.836 * 8.6%) 		14.74%

Discounted Cash Flow Calculation for BSE:512453 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Shri Jagdamba Polymers 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:512453 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 14.74%)
2019 123.03 Est @ 12.75% 107.23
2020 136.80 Est @ 11.19% 103.92
2021 150.62 Est @ 10.1% 99.72
2022 164.68 Est @ 9.33% 95.02
2023 179.17 Est @ 8.8% 90.10
2024 194.26 Est @ 8.42% 85.15
2025 210.12 Est @ 8.16% 80.27
2026 226.88 Est @ 7.98% 75.54
2027 244.69 Est @ 7.85% 71.00
2028 263.68 Est @ 7.76% 66.69
Present value of next 10 years cash flows ₹874.63
BSE:512453 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹263.68 × (1 + 7.55%) ÷ (14.74% – 7.55%) 		₹3,945.78
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹3,945.78 ÷ (1 + 14.74%)10 		₹997.91
BSE:512453 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹874.63 + ₹997.91 		₹1,872.55
Equity Value per Share
(INR)		 = Total value / Shares Outstanding
= ₹1,872.55 / 8.76 		₹213.81
BSE:512453 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹213.81
Current discount Discount to share price of ₹254.10
= -1 x (₹254.10 - ₹213.81) / ₹213.81 		-18.8%

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

  • The current share price of Shri Jagdamba Polymers is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Shri Jagdamba Polymers's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Shri Jagdamba Polymers's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:512453 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹24.08
BSE:512453 Share Price ** BSE (2019-04-18) in INR ₹254.1
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.35x
India Market PE Ratio Median Figure of 2,735 Publicly-Listed Companies 16.29x

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

** Primary Listing of Shri Jagdamba Polymers.

BSE:512453 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:512453 Share Price ÷ EPS (both in INR)

= 254.1 ÷ 24.08

 10.55x

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

  • Shri Jagdamba Polymers is good value based on earnings compared to the IN Luxury industry average.
  • Shri Jagdamba Polymers is good value based on earnings compared to the India market.
Price based on expected Growth
Does Shri Jagdamba Polymers's expected growth come at a high price?
Raw Data
BSE:512453 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts		 -14.8%per year
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.57x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.33x

*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 Shri Jagdamba Polymers, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Shri Jagdamba Polymers's assets?
Raw Data
BSE:512453 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹62.13
BSE:512453 Share Price * BSE (2019-04-18) in INR ₹254.1
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.75x
India Market PB Ratio Median Figure of 3,626 Publicly-Listed Companies 1.12x
BSE:512453 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:512453 Share Price ÷ Book Value per Share (both in INR)

= 254.1 ÷ 62.13

 4.09x

* Primary Listing of Shri Jagdamba Polymers.

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

  • Shri Jagdamba Polymers is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Shri Jagdamba Polymers'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. Shri Jagdamba Polymers has a total score of 2/6, 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

 How is Shri Jagdamba Polymers expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Shri Jagdamba Polymers, 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
-14.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Shri Jagdamba Polymers expected to grow at an attractive rate?
  • Shri Jagdamba Polymers'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
  • Shri Jagdamba Polymers's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • Unable to compare Shri Jagdamba Polymers's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:512453 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:512453 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -14.8%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.2%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.7%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*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:512453 Analysts Growth Expectations Data Sources
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 numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:512453 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BSE:512453 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 1,958 211
2018-09-30 1,912 208
2018-06-30 1,815 187
2018-03-31 1,791 143 165
2017-12-31 1,698 128
2017-09-30 1,525 84
2017-06-30 1,486 76
2017-03-31 1,470 216 57
2016-12-31 1,470 65
2016-09-30 1,335 66
2016-06-30 1,298 52
2016-03-31 1,219 173 50

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Shri Jagdamba Polymers's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Shri Jagdamba Polymers 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:512453 Past and Future Earnings per Share
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 Shri Jagdamba Polymers Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:512453 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BSE:512453 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 24.08
2018-09-30 23.69
2018-06-30 21.35
2018-03-31 18.81
2017-12-31 14.67
2017-09-30 9.62
2017-06-30 8.73
2017-03-31 6.53
2016-12-31 7.46
2016-09-30 7.55
2016-06-30 5.91
2016-03-31 5.74

*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 Shri Jagdamba Polymers will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Shri Jagdamba Polymers'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.
Shri Jagdamba Polymers 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 Shri Jagdamba Polymers 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 Shri Jagdamba Polymers'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.
  • Shri Jagdamba Polymers has delivered over 20% year on year earnings growth in the past 5 years.
  • Shri Jagdamba Polymers's 1-year earnings growth exceeds its 5-year average (64.1% vs 43.3%)
  • Shri Jagdamba Polymers's earnings growth has exceeded the IN Luxury industry average in the past year (64.1% vs 14.8%).
Earnings and Revenue History
Shri Jagdamba Polymers'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 Shri Jagdamba Polymers Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:512453 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 1,957.74 210.83 149.12
2018-09-30 1,912.01 207.55 148.19
2018-06-30 1,814.90 187.02 150.11
2018-03-31 1,790.89 164.72 150.80
2017-12-31 1,698.46 128.48 150.64
2017-09-30 1,524.57 84.23 144.26
2017-06-30 1,485.64 76.43 171.01
2017-03-31 1,470.25 57.15 137.20
2016-12-31 1,470.32 65.37 126.02
2016-09-30 1,334.67 66.15 123.13
2016-06-30 1,298.03 51.79 116.33
2016-03-31 1,219.45 50.24 115.14
2015-12-31 1,193.84 46.80 193.81
2015-09-30 1,229.27 38.25 188.39
2015-06-30 1,156.78 35.83 186.08
2015-03-31 1,122.19 33.43 98.99
2014-12-31 1,068.17 25.17 149.32
2014-09-30 1,052.53 25.41 147.36
2014-06-30 982.20 31.81 84.67
2014-03-31 899.31 31.43 143.04
2013-12-31 852.94 45.33 132.28
2013-09-30 793.52 43.14 128.78
2013-06-30 792.79 31.65 72.16
2013-03-31 739.28 31.61 120.02
2012-12-31 667.49 21.87 108.87
2012-09-30 675.10 20.40 107.33
2012-06-30 584.70 19.04 69.69

*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.
  • Shri Jagdamba Polymers has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Shri Jagdamba Polymers used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Shri Jagdamba Polymers has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Show me more strong past performing companies in the Luxury industry
X
Past performance checks
We assess Shri Jagdamba Polymers'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.
Shri Jagdamba Polymers has a total score of 6/6, 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 Shri Jagdamba Polymers'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 Shri Jagdamba Polymers's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Shri Jagdamba Polymers is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Shri Jagdamba Polymers's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Shri Jagdamba Polymers'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 4.2x 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 Shri Jagdamba Polymers Company Filings, last reported 3 months ago.

BSE:512453 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 544.58 127.67 82.61
2018-09-30 544.58 127.67 82.61
2018-06-30 438.39 144.48 51.46
2018-03-31 438.39 144.48 51.46
2017-12-31 338.09 296.34 58.52
2017-09-30 338.09 296.34 58.52
2017-06-30 274.73 289.03 60.36
2017-03-31 274.73 289.03 60.36
2016-12-31 254.91 312.47 88.49
2016-09-30 254.91 312.47 88.49
2016-06-30 218.63 396.47 30.28
2016-03-31 218.63 396.47 30.28
2015-12-31 189.81 274.77 29.66
2015-09-30 189.81 274.77 29.66
2015-06-30 169.45 399.66 23.17
2015-03-31 169.45 399.66 23.17
2014-12-31 178.89 346.23 10.61
2014-09-30 178.89 346.23 10.61
2014-06-30 163.34 396.80 15.60
2014-03-31 163.34 396.80 15.60
2013-12-31 154.51 361.74 27.20
2013-09-30 154.51 361.74 27.20
2013-06-30 132.94 273.21 7.83
2013-03-31 132.94 273.21 7.83
2012-12-31 112.39 279.85 13.25
2012-09-30 112.39 279.85 13.25
2012-06-30 102.34 237.73 13.57
  • Shri Jagdamba Polymers's level of debt (23.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (234.2% vs 23.4% today).
  • Debt is well covered by operating cash flow (112.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 171.3x coverage).
Show me more healthy companies in the Luxury industry
X
Financial health checks
We assess Shri Jagdamba Polymers'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. Shri Jagdamba Polymers has a total score of 6/6, 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.

Dividends

 What is Shri Jagdamba Polymers'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
0.04%
Current annual income from Shri Jagdamba Polymers dividends.
If you bought ₹2,000 of Shri Jagdamba Polymers shares you are expected to receive ₹1 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?
  • Shri Jagdamba Polymers's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.49%).
  • Shri Jagdamba Polymers's dividend is below the markets top 25% of dividend payers in India (1.92%).
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:512453 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 1.3%
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:512453 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
BSE:512453 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-05-29 0.100 0.042
2017-08-14 0.100 0.061
2017-05-31 0.100 0.131
2016-05-30 0.100 0.178
2015-09-08 0.100 0.251
2015-05-29 0.100 0.266
2014-09-04 0.100 0.367
2014-06-25 0.100 1.232
2013-10-03 0.100 2.406
2012-09-06 0.100 3.111
2012-08-14 0.100 3.503
2012-07-13 0.100 3.333
2009-10-12 0.100 3.150

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

  • Shri Jagdamba Polymers is not paying a notable dividend for India, therefore no need to check if the payments are stable.
  • Shri Jagdamba Polymers is not paying a notable dividend for India, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Shri Jagdamba Polymers's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Shri Jagdamba Polymers's dividends as it is not paying a notable one for India.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Shri Jagdamba Polymers'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 Shri Jagdamba Polymers afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Shri Jagdamba Polymers 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

 What is the CEO of Shri Jagdamba Polymers'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
Ramakant Jhabarmal Bhojnagarwala
COMPENSATION ₹7,800,000
AGE 76
TENURE AS CEO 11 years
CEO Bio

Mr. Ramakant Jhabarmal K. Bhojnagarwala serves as the Chairman of the Board at Shri Jagdamba Polymers Ltd. and has been its Managing Director since April 2008. Mr. Bhojnagarwalla has been a Whole Time Director of Shri Jagdamba Polymers Ltd. since April 30, 2003 and served as its and Compliance Officer until October 25, 2015.

CEO Compensation
  • Ramakant Jhabarmal's compensation has increased by more than 20% in the past year.
  • Ramakant Jhabarmal's remuneration is higher than average for companies of similar size in India.
Management Team

Ramakant Jhabarmal Bhojnagarwala

TITLE
Chairman of the Board & MD
COMPENSATION
₹8M
AGE
76
TENURE
11 yrs

Anil Parmar

TITLE
Chief Financial Officer
COMPENSATION
₹508K

Kunjal Soni

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹141K
TENURE
1.2 yrs

Kiranbhai Patel

TITLE
Whole-Time Director
COMPENSATION
₹3M
AGE
61

Vikas Agarwal

TITLE
Executive Director
COMPENSATION
₹2M
AGE
43
Board of Directors Tenure

Average tenure and age of the Shri Jagdamba Polymers board of directors in years:

6.6
Average Tenure
53.5
Average Age
  • The tenure for the Shri Jagdamba Polymers board of directors is about average.
Board of Directors

Ramakant Jhabarmal Bhojnagarwala

TITLE
Chairman of the Board & MD
COMPENSATION
₹8M
AGE
76

Kiranbhai Patel

TITLE
Whole-Time Director
COMPENSATION
₹3M
AGE
61
TENURE
17.8 yrs

Vikas Agarwal

TITLE
Executive Director
COMPENSATION
₹2M
AGE
43
TENURE
6.6 yrs

Ashish Bhaiya

TITLE
Independent Non-Executive Director
AGE
46
TENURE
15.3 yrs

Mudra Kansal

TITLE
Independent & Non-Executive Director
AGE
29
TENURE
4.8 yrs

Mahesh Joshi

TITLE
Independent Non-Executive Director
AGE
65
TENURE
2.8 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 Shri Jagdamba Polymers'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. Shri Jagdamba Polymers 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.

News

Simply Wall St News

Company Info

Description

Shri Jagdamba Polymers Limited engages in the manufacture and sale of woven polypropylene/polyethylene fabrics in India. It also offers PP/PE woven bags and fabrics, flexible intermediate bulk containers, box bags, and lumber covers. In addition, the company provides silt fence, a black color woven fabric used in the construction industry; geotextile, a polypropylene woven fabric; and groundcover, a black woven polypropylene fabric, which is used under the ground for weed control. Further, it generates wind power. The company exports its products to the United States, Europe, and internationally. Shri Jagdamba Polymers Limited was incorporated in 1985 and is based in Ahmedabad, India.

Details
Name: Shri Jagdamba Polymers Limited
512453
Exchange: BSE
Founded: 1985
₹2,254,747,100
8,758,000
Website: http://www.shrijagdamba.com
Address: Shri Jagdamba Polymers Limited
802 Narnarayan Complex,
Opposite Navrangpura Post Office,
Ahmedabad,
Gujarat, 380009,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 512453 Equity Shares Mumbai Stock Exchange IN INR 12. Oct 2009
BSE 512453 Equity Shares Mumbai Stock Exchange IN INR 12. Oct 2009
Number of employees
Current staff
Staff numbers
803
Shri Jagdamba Polymers employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 12:44
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2017/05/31
Last earnings filing: 2019/02/14
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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