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Betex India

BSE:512477
Snowflake Description

Fair value with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
512477
BSE
₹36M
Market Cap
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Last updated 2019/02/19 13:20
Company description

Betex India Limited engages in textile processing business in India. The last earnings update was 6 days ago. More info.

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  • Betex India has significant price volatility in the past 3 months.
512477 Share Price and Events
7 Day Returns
10.4%
BSE:512477
-2.5%
IN Luxury
-2.1%
IN Market
1 Year Returns
-60.9%
BSE:512477
-8.9%
IN Luxury
-8.6%
IN Market
512477 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Betex India (512477) 10.4% -4.8% -49.1% -60.9% -66% -
IN Luxury -2.5% -2% -3.9% -8.9% 47.6% 187.3%
IN Market -2.1% -4.5% -3.5% -8.6% 40.3% 78.7%
1 Year Return vs Industry and Market
  • 512477 underperformed the Luxury industry which returned -8.9% over the past year.
  • 512477 underperformed the Market in India which returned -8.6% over the past year.
Price Volatility
512477
Industry
5yr Volatility vs Market

Value

 Is Betex India 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
  • It is not possible to calculate the future cash flow value for Betex India. This is due to cash flow or dividend data being unavailable. The share price is ₹23.85.
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 Betex India's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Betex India's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:512477 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹7.74
BSE:512477 Share Price ** BSE (2019-02-19) in INR ₹23.85
India Luxury Industry PE Ratio Median Figure of 237 Publicly-Listed Luxury Companies 11.54x
India Market PE Ratio Median Figure of 2,715 Publicly-Listed Companies 15.16x

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

** Primary Listing of Betex India.

BSE:512477 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:512477 Share Price ÷ EPS (both in INR)

= 23.85 ÷ 7.74

 3.08x

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

  • Betex India is good value based on earnings compared to the IN Luxury industry average.
  • Betex India is good value based on earnings compared to the India market.
Price based on expected Growth
Does Betex India's expected growth come at a high price?
Raw Data
BSE:512477 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.08x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts		 14.2%per year
India Luxury Industry PEG Ratio Median Figure of 27 Publicly-Listed Luxury Companies 1.09x
India Market PEG Ratio Median Figure of 606 Publicly-Listed Companies 1.1x

*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 Betex India, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Betex India's assets?
Raw Data
BSE:512477 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹149.95
BSE:512477 Share Price * BSE (2019-02-19) in INR ₹23.85
India Luxury Industry PB Ratio Median Figure of 307 Publicly-Listed Luxury Companies 0.69x
India Market PB Ratio Median Figure of 3,587 Publicly-Listed Companies 1.04x
BSE:512477 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:512477 Share Price ÷ Book Value per Share (both in INR)

= 23.85 ÷ 149.95

 0.16x

* Primary Listing of Betex India.

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

  • Betex India is good value 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 Betex India'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. Betex India has a total score of 3/6, 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 Betex India expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Betex India, 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
14.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Betex India expected to grow at an attractive rate?
  • Betex India's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Betex India's earnings growth is positive but not above the India market average.
  • Unable to compare Betex India's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:512477 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:512477 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 14.2%
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 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*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:512477 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month 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:512477 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 476 12
2018-09-30 509 11
2018-06-30 489 9
2018-03-31 513 -18 9
2017-12-31 541 11
2017-09-30 540 11
2017-06-30 595 10
2017-03-31 579 52 11
2016-12-31 565 7
2016-09-30 573 10
2016-06-30 549 11
2016-03-31 565 -18 10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Betex India's earnings are expected to grow by 14.2% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Betex India 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:512477 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Betex India Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:512477 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 7.74
2018-09-30 7.59
2018-06-30 6.30
2018-03-31 6.05
2017-12-31 7.24
2017-09-30 7.05
2017-06-30 6.83
2017-03-31 7.43
2016-12-31 4.99
2016-09-30 6.38
2016-06-30 7.19
2016-03-31 6.95

*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 Betex India will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Betex India'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.
Betex India has a total score of 1/6, 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 Betex India 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 Betex India'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.
  • Betex India's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Betex India's 1-year earnings growth exceeds its 5-year average (6.8% vs -3.6%)
  • Betex India's earnings growth has not exceeded the IN Luxury industry average in the past year (6.8% vs 14.1%).
Earnings and Revenue History
Betex India'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 Betex India Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:512477 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 476.46 11.60 169.81
2018-09-30 508.94 11.38 182.29
2018-06-30 489.26 9.44 170.66
2018-03-31 512.50 9.07 151.33
2017-12-31 541.28 10.86 142.96
2017-09-30 539.81 10.56 122.06
2017-06-30 594.65 10.25 123.08
2017-03-31 579.07 11.14 124.73
2016-12-31 564.69 7.47 124.35
2016-09-30 573.40 9.56 118.98
2016-06-30 549.05 10.77 103.50
2016-03-31 564.81 10.42 100.10
2015-12-31 524.81 12.03 93.34
2015-09-30 507.74 11.31 84.35
2015-06-30 475.82 11.86 95.63
2015-03-31 439.94 13.05 75.10
2014-12-31 418.63 13.74 78.59
2014-09-30 399.78 13.63 73.87
2014-06-30 407.82 11.43 61.53
2014-03-31 390.41 9.67 64.74
2013-12-31 405.95 11.33 53.41
2013-09-30 380.82 11.40 53.35
2013-06-30 381.33 10.69 51.78
2013-03-31 400.55 11.44 51.51
2012-12-31 389.58 6.52 38.97
2012-09-30 408.66 6.85 45.48
2012-06-30 399.61 12.03 46.08
2012-03-31 379.30 11.04 40.97

*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.
  • Betex India has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Betex India used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Betex India's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Betex India'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.
Betex India has a total score of 1/6, 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 Betex India'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 Betex India's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Betex India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Betex India's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Betex India'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.1x 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 Betex India Company Filings, last reported 1 month ago.

BSE:512477 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 224.88 152.84 155.24
2018-09-30 224.88 152.84 155.24
2018-06-30 217.79 163.95 8.48
2018-03-31 217.79 163.95 8.48
2017-12-31 213.50 149.08 117.74
2017-09-30 213.50 149.08 117.74
2017-06-30 208.72 158.76 13.43
2017-03-31 208.72 158.76 13.43
2016-12-31 202.94 184.98 18.46
2016-09-30 202.94 184.98 18.46
2016-06-30 197.58 186.60 15.01
2016-03-31 197.58 186.60 15.01
2015-12-31 193.37 165.01 43.23
2015-09-30 193.37 165.01 43.23
2015-06-30 187.16 148.16 41.42
2015-03-31 187.16 148.16 41.42
2014-12-31 181.81 151.23 16.02
2014-09-30 181.81 151.23 16.02
2014-06-30 174.11 120.47 22.96
2014-03-31 174.11 120.47 22.96
2013-12-31 168.44 110.27 12.18
2013-09-30 168.44 110.27 12.18
2013-06-30 164.43 99.46 17.90
2013-03-31 164.43 99.46 17.90
2012-12-31 157.03 78.73 16.11
2012-09-30 157.03 78.73 16.11
2012-06-30
2012-03-31 152.99 85.03 20.21
  • Betex India's level of debt (68%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (65.5% vs 68% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 2.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Betex India'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. Betex India has a total score of 2/6, 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 Betex India'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%
Current annual income from Betex India dividends.
If you bought ₹2,000 of Betex India shares you are expected to receive ₹0 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?
  • Unable to evaluate Betex India's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Betex India's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:512477 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 109 Stocks 0.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1397 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Betex India has not reported any payouts.
  • Unable to verify if Betex India's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Betex India's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Betex India has not reported any payouts.
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 Betex India'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 Betex India afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Betex India 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 Betex India'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
Rajkumar Somani
COMPENSATION ₹900,000
AGE 58
CEO Bio

Mr. Rajkumar Sitaram Somani serves as Managing Director of Betex India Ltd. Mr. Somani served as the Managing Director of Sumeet Industries Ltd., from October 10, 2003 to August 21, 2012. He actively participated in Sumeet Industries for establishing Polypropylene Multifilament Yarn by it in the year 1990. He has vast experience in the textile industry. He has been an Whole Time Director of Betex India Ltd., since August 27, 2001. He serves as a Director of Akashganga Dyeing & Printing Mills Ltd., Sumeet Silk Processors Pvt. Ltd., Rakesh industries Pvt. Ltd., and Chinton Processors Pvt. Ltd. He served as an Independent Non-Executive Director of Sumeet Industries Ltd. from March 11, 1991 to August 21, 2012. Mr. Somani is a Commerce Graduate.

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

Rajkumar Somani

TITLE
MD & Whole Time Director
COMPENSATION
₹900K
AGE
58

Manish Somani

TITLE
CFO & Executive Director
COMPENSATION
₹600K
AGE
35

Ritesh Somani

TITLE
Executive Director
COMPENSATION
₹900K
AGE
32

Varsha Maheshwari

TITLE
Company Secretary & Chief Compliance Officer
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Betex India board of directors in years:

5.8
Average Tenure
58
Average Age
  • The tenure for the Betex India board of directors is about average.
Board of Directors

Mahesh Kumar Somani

TITLE
Non-Executive Chairman
AGE
65

Rajkumar Somani

TITLE
MD & Whole Time Director
COMPENSATION
₹900K
AGE
58
TENURE
17.5 yrs

Manish Somani

TITLE
CFO & Executive Director
COMPENSATION
₹600K
AGE
35
TENURE
12 yrs

Ritesh Somani

TITLE
Executive Director
COMPENSATION
₹900K
AGE
32
TENURE
5.8 yrs

Mangilal Lahoti

TITLE
Non-Executive & Independent Director
AGE
63
TENURE
3.9 yrs

Deepa Agarwal

TITLE
Non-Executive Independent Director
TENURE
3.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Betex India insiders in the past 3 months, but not in substantial volumes.
Show me more companies with insider buying in the Luxury industry
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
19. Jan 19 Buy Shardadevi Somani Individual 17. Jan 19 17. Jan 19 330 ₹24.41 ₹8,056
27. Dec 18 Buy Shardadevi Somani Individual 11. Oct 18 26. Dec 18 80 ₹42.19 ₹2,461
22. Nov 18 Buy Shardadevi Somani Individual 20. Nov 18 20. Nov 18 72 ₹48.51 ₹3,493
18. Oct 18 Buy Shardadevi Somani Individual 16. Oct 18 16. Oct 18 1,291 ₹49.48 ₹63,883
02. Oct 18 Sell Mahesh Kumar Somani Individual 28. Sep 18 28. Sep 18 -5,645 ₹44.51 ₹-251,279
28. Sep 18 Sell Mahesh Kumar Somani Individual 29. Aug 18 21. Sep 18 -28,355 ₹43.65 ₹-1,237,675
11. Oct 18 Buy Shardadevi Somani Individual 08. Oct 18 08. Oct 18 1,496 ₹52.22 ₹78,128
05. Oct 18 Buy Shardadevi Somani Individual 03. Oct 18 04. Oct 18 10,554 ₹47.86 ₹505,157
02. Oct 18 Buy Manish Somani Individual 28. Sep 18 28. Sep 18 12,150 ₹44.91 ₹545,627
02. Oct 18 Sell Ankit Somani Individual 28. Sep 18 28. Sep 18 -2,000 ₹44.51 ₹-89,027
02. Oct 18 Sell Amit Somani Individual 28. Sep 18 28. Sep 18 -2,000 ₹44.51 ₹-89,027
03. Oct 18 Buy Shardadevi Somani Individual 01. Oct 18 01. Oct 18 1,607 ₹44.32 ₹71,228
28. Sep 18 Sell Urmiladevi Somani Individual 14. Sep 18 19. Sep 18 -2,000 ₹40.71 ₹-81,412
X
Management checks
We assess Betex India'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. Betex India 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

April Top Cheap Stock To Invest In

Companies, such as Betex India, trading at a market price below their true values are considered to be undervalued. … 512477's stock is currently hovering at around -63% beneath its intrinsic value of INR155.63, at the market price of ₹57.00, based on its expected future cash flows. … BSE:512197 PE PEG Gauge Apr 6th 18 Vardhman Holdings Limited (BSE:500439) Vardhman Holdings Limited operates as a non-banking financial company in India.

Simply Wall St - –

Company Info

Map
Description

Betex India Limited engages in textile processing business in India. It is involved in the dyeing and printing of art silk cloth and polyester fabrics. The company was incorporated in 1987 and is based in Surat, India.

Details
Name: Betex India Limited
512477
Exchange: BSE
Founded: 1987
₹35,925,000
1,500,000
Website: http://www.betexindia.com
Address: Betex India Limited
504, Trividh Chambers,
5th Floor,
Surat,
Gujarat, 395002,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 512477 Equity Shares Mumbai Stock Exchange IN INR 25. Jan 2011
Number of employees
Current staff
Staff numbers
960
Betex India employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/19 13:20
End of day share price update: 2019/02/19 00:00
Last earnings filing: 2019/02/13
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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