Shri Jagdamba Polymers
Market Cap
₹1.7b
Last Updated
2020/02/20 12:52 UTC
Data Sources
Company Financials
Executive Summary
Shri Jagdamba Polymers Limited engages in the manufacture and sale of woven polypropylene/polyethylene fabrics in India.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and good value.
Share Price & News
How has Shri Jagdamba Polymers's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 512453's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-3.7%
512453
1.1%
IN Luxury
-0.6%
IN Market
1 Year Return
-21.0%
512453
19.3%
IN Luxury
11.1%
IN Market
Return vs Industry: 512453 underperformed the Indian Luxury industry which returned 19.3% over the past year.
Return vs Market: 512453 underperformed the Indian Market which returned 11.1% over the past year.
Shareholder returns
| 512453 | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.7% | 1.1% | -0.6% |
| 30 Day | -17.5% | 4.6% | -0.5% |
| 90 Day | -1.0% | 11.5% | 3.0% |
| 1 Year | -20.9%-21.0% | 20.1%19.3% | 13.1%11.1% |
| 3 Year | 135.8%135.2% | 54.7%52.8% | 24.5%18.0% |
| 5 Year | 320.0%316.8% | 110.4%103.4% | 37.8%25.7% |
Price Volatility Vs. Market
How volatile is Shri Jagdamba Polymers's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Shri Jagdamba Polymers undervalued compared to its fair value and its price relative to the market?
48.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 512453 (₹198) is trading below our estimate of fair value (₹386.76)
Significantly Below Fair Value: 512453 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 512453 is good value based on its PE Ratio (7x) compared to the Luxury industry average (11.4x).
PE vs Market: 512453 is good value based on its PE Ratio (7x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 512453's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 512453 is overvalued based on its PB Ratio (2.2x) compared to the IN Luxury industry average (0.5x).
Next Steps
Future Growth
How is Shri Jagdamba Polymers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.7%
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 Shri Jagdamba Polymers 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 whether Shri Jagdamba Polymers is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Shri Jagdamba Polymers 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 Shri Jagdamba Polymers performed over the past 5 years?
43.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 512453 has a high level of non-cash earnings.
Growing Profit Margin: 512453's current net profit margins (12.8%) are higher than last year (10.8%).
Past Earnings Growth Analysis
Earnings Trend: 512453's earnings have grown significantly by 43% per year over the past 5 years.
Accelerating Growth: 512453's earnings growth over the past year (18.3%) is below its 5-year average (43% per year).
Earnings vs Industry: 512453 earnings growth over the past year (18.3%) exceeded the Luxury industry 6%.
Return on Equity
High ROE: 512453's Return on Equity (31.5%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Shri Jagdamba Polymers's financial position?
Financial Position Analysis
Short Term Liabilities: 512453's short term assets (₹769.6M) exceed its short term liabilities (₹323.2M).
Long Term Liabilities: 512453's short term assets (₹769.6M) exceed its long term liabilities (₹88.2M).
Debt to Equity History and Analysis
Debt Level: 512453's debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: 512453's debt to equity ratio has reduced from 194% to 8.7% over the past 5 years.
Debt Coverage: 512453's debt is well covered by operating cash flow (357.3%).
Interest Coverage: 512453 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: 512453 has a high level of physical assets or inventory.
Debt Coverage by Assets: 512453's debt is covered by short term assets (assets are 11.1x debt).
Next Steps
Dividend
What is Shri Jagdamba Polymers's current dividend yield, its reliability and sustainability?
0.10%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 512453's dividend (0.1%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.59%).
High Dividend: 512453's dividend (0.1%) is low compared to the top 25% of dividend payers in the Indian market (2.55%).
Stability and Growth of Payments
Stable Dividend: 512453 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: 512453 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 512453 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 512453's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average board tenure
CEO
Ramakant Jhabarmal Bhojnagarwala (77yo)
11.8yrs
Tenure
₹8,400,000
Compensation
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 Dire ...
CEO Compensation Analysis
Compensation vs Market: Ramakant Jhabarmal's total compensation ($USD117.39K) is above average for companies of similar size in the Indian market ($USD50.31K).
Compensation vs Earnings: Ramakant Jhabarmal's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & MD | 11.8yrs | ₹8.40m | 66.96% ₹1.2b | |
| Whole-Time Director | 18.6yrs | ₹3.60m | 0.011% ₹198.0k | |
| Executive Director | 7.4yrs | ₹2.42m | 0.057% ₹990.0k | |
| Independent & Non-Executive Director | 5.7yrs | no data | no data | |
| Independent Non-Executive Director | 3.6yrs | no data | no data | |
| Independent Director | 0.8yrs | no data | no data |
5.7yrs
Average Tenure
62yo
Average Age
Experienced Board: 512453's board of directors are considered experienced (5.7 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
Shri Jagdamba Polymers Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Shri Jagdamba Polymers Limited
- Ticker: 512453
- Exchange: BSE
- Founded: 1985
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹1.734b
- Shares outstanding: 8.76m
- Website: https://www.shrijagdamba.com
Number of Employees
Location
- Shri Jagdamba Polymers Limited
- 802 Narnarayan Complex
- Opposite Navrangpura Post Office
- Ahmedabad
- Gujarat
- 380009
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 512453 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Oct 2009 |
| 512453 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Oct 2009 |
Biography
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 also exports its products to the United States, Europe, and internationally. Shri Jagdamba Polymers Limited was incorporated in 1985 and is based in Ahmedabad, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/20 12:52 |
| End of Day Share Price | 2020/02/20 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.