BSE:512519

Stock Analysis Report

Executive Summary

Donear Industries Limited manufactures and sells suitings, trousers, and shirting fabrics for men and women.

Snowflake

Fundamentals

Mediocre balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Donear Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.4%

512519

-0.02%

IN Luxury

1.6%

IN Market


1 Year Return

-22.0%

512519

7.7%

IN Luxury

0.8%

IN Market

Return vs Industry: 512519 underperformed the Indian Luxury industry which returned 7.7% over the past year.

Return vs Market: 512519 underperformed the Indian Market which returned 0.8% over the past year.


Shareholder returns

512519IndustryMarket
7 Day-5.4%-0.02%1.6%
30 Day-15.2%5.5%1.5%
90 Day2.1%3.9%-3.3%
1 Year-21.6%-22.0%8.6%7.7%2.7%0.8%
3 Year-52.6%-53.3%49.5%47.8%22.0%16.0%
5 Year51.7%46.8%108.9%105.0%42.3%29.3%

Price Volatility Vs. Market

How volatile is Donear Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Donear Industries undervalued compared to its fair value and its price relative to the market?

34.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 512519 (₹29) is trading below our estimate of fair value (₹43.95)

Significantly Undervalued: 512519 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 512519 is poor value based on its PE Ratio (10.5x) compared to the Luxury industry average (10.1x).

PE vs Market: 512519 is good value based on its PE Ratio (10.5x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 512519's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 512519 is overvalued based on its PB Ratio (1.3x) compared to the IN Luxury industry average (0.6x).


Next Steps

Future Growth

How is Donear Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-2.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 512519's earnings are forecast to decline over the next 3 years (-2.2% per year).

Earnings vs Market: 512519's earnings are forecast to decline over the next 3 years (-2.2% per year).

High Growth Earnings: 512519's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if 512519's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 512519's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 512519's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Donear Industries performed over the past 5 years?

18.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 512519's earnings have grown by 18.6% per year over the past 5 years.

Accelerating Growth: 512519's earnings growth over the past year (1.4%) is below its 5-year average (18.6% per year).

Earnings vs Industry: 512519 earnings growth over the past year (1.4%) underperformed the Luxury industry 7.8%.


Return on Equity

High ROE: 512519's Return on Equity (12.8%) is considered low.


Return on Assets

ROA vs Industry: 512519 has a higher Return on Assets than the Luxury industry average last year.


Return on Capital Employed

ROCE Improving: 512519 has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Donear Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 512519's short term assets (₹4.1B) exceeds its short term liabilities (₹3.7B)

Long Term Liabilities: 512519's short term assets (4.1B) exceeds its long term liabilities (210.2M)


Debt to Equity History and Analysis

Debt Level: 512519's debt to equity ratio (270.8%) is considered high

Reducing Debt: 512519's debt to equity ratio has reduced from 472.1% to 270.8% over the past 5 years.

Debt Coverage: 512519's debt is not well covered by operating cash flow (11.4%).

Interest Coverage: 512519's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet

Inventory Level: 512519 has a high level of physical assets or inventory.

Debt Coverage by Assets: 512519's debt is covered by short term assets (assets are 1.360660x debt).


Next Steps

Dividend

What is Donear Industries's current dividend yield, its reliability and sustainability?

0.69%

Current Dividend Yield


Dividend Yield vs Market

company0.7%marketbottom25%0.6%markettop25%2.5%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 512519's dividend (0.69%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 512519's dividend (0.69%) is low compared to the top 25% of dividend payers in the Indian market (2.49%).

Stable Dividend: 512519's dividend payments have been volatile in the past 10 years.

Growing Dividend: 512519's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (7.2%), 512519's dividend payments are thoroughly 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 Donear Industries's salary, the management and board of directors tenure and is there insider trading?

10.6yrs

Average board tenure


CEO

Rajendra Agarwal (57yo)

0yrs

Tenure

₹2,803,385

Compensation

Mr. Rajendra Vishwanath Agarwal serves as the Managing Director of DONEAR Industries Ltd. Mr. Agarwal has over two decades of techno-commercial experience in the textile industry. With all the knowledge an ...


CEO Compensation Analysis

Compensation vs. Market: Rajendra's total compensation ($USD39.52K) is too low to compare against companies of similar size in the Indian market ($USD25.38K).

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


Board Age and Tenure

10.6yrs

Average Tenure

57yo

Average Age

Experienced Board: 512519's board of directors are seasoned and experienced ( 10.6 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.


Ownership Breakdown


Management Team

  • Rajendra Agarwal (57yo)

    MD & Executive Director

    • Tenure: 0yrs
    • Compensation: ₹2.80m
  • Ajay Agarwal (53yo)

    Whole Time Director

    • Tenure: 21.3yrs
    • Compensation: ₹1.05m
  • Ashok Agarwal

    Chief Financial Officer

    • Tenure: 4.4yrs
    • Compensation: ₹1.68m
  • Anup Singh (44yo)

    Executive Professional Director

    • Tenure: 3.9yrs
    • Compensation: ₹1.04m
  • Poonam Barsaiyan

    Company Secretary & Compliance Officer

    • Tenure: 0.4yrs

Board Members

  • Santkumar Agarwal (76yo)

    Non-Executive Independent Director

    • Tenure: 16.8yrs
    • Compensation: ₹10.00k
  • Rajendra Agarwal (57yo)

    MD & Executive Director

    • Tenure: 0yrs
    • Compensation: ₹2.80m
  • Ajay Agarwal (53yo)

    Whole Time Director

    • Tenure: 21.3yrs
    • Compensation: ₹1.05m
  • Santanu Mukherjee (63yo)

    Additional Independent Director

    • Tenure: 1.4yrs
    • Compensation: ₹5.00k
  • Medha Pattanayak

    Non-Executive Independent Director

    • Tenure: 4.4yrs
    • Compensation: ₹6.00k
  • Anup Singh (44yo)

    Executive Professional Director

    • Tenure: 3.9yrs
    • Compensation: ₹1.04m

Company Information

Donear Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Donear Industries Limited
  • Ticker: 512519
  • Exchange: BSE
  • Founded: 1977
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹1.518b
  • Shares outstanding: 52.00m
  • Website: https://www.donear.com

Number of Employees


Location

  • Donear Industries Limited
  • Donear House
  • 8th Floor
  • Mumbai
  • Maharashtra
  • 400093
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
512519BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2006
DONEARNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2006

Biography

Donear Industries Limited manufactures and sells suitings, trousers, and shirting fabrics for men and women. The company operates through two segments, Manufacturing and Dealing in Textiles, and Rental Pro ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:41
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
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.