S.R. Industries Limited manufactures and sells footwear in India and internationally. More Details
Slightly overvalued with imperfect balance sheet.
Share Price & News
How has S.R. Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 513515's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 513515 exceeded the Indian Luxury industry which returned -8% over the past year.
Return vs Market: 513515 exceeded the Indian Market which returned 1.1% over the past year.
Price Volatility Vs. Market
How volatile is S.R. Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is S.R. Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 513515 (₹2.79) is trading below our estimate of fair value (₹9.14)
Significantly Below Fair Value: 513515 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 513515 is unprofitable, so we can't compare its PE Ratio to the IN Luxury industry average.
PE vs Market: 513515 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 513515's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 513515 has negative assets, so we can't compare its PB Ratio to the IN Luxury industry average.
How is S.R. Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 S.R. Industries 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.
- Take a look at our analysis of 513515’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- S.R. Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has S.R. Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 513515 is currently unprofitable.
Growing Profit Margin: 513515 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 513515 is unprofitable, and losses have increased over the past 5 years at a rate of 58.2% per year.
Accelerating Growth: Unable to compare 513515's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 513515 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-23.2%).
Return on Equity
High ROE: 513515's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is S.R. Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 513515 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 513515 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 513515 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 513515's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 513515 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 513515 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 27.6% per year.
What is S.R. Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 513515's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 513515's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 513515's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 513515's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 513515's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Munish Mahajan (48 yo)
Mr. Munish Mahajan serves as Managing Director and Director at S.R. Industries Limited since August 14, 2020. He served as Vice President at S.R. Industries Limited since 2015 until August 14, 2020. Mr. Ma ...
|CFO, Director of Commercial & Non-Executive Director||23.42yrs||₹3.00m||8.97% |
|MD & Director||0.17yr||₹1.80m||0.051% |
|Independent Non-Executive Chairman||0.33yr||no data||no data|
|Non-Executive Independent Director||0.083yr||no data||no data|
Experienced Board: 513515's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
S.R. Industries Limited's company bio, employee growth, exchange listings and data sources
- Name: S.R. Industries Limited
- Ticker: 513515
- Exchange: BSE
- Founded: 1989
- Industry: Footwear
- Sector: Consumer Durables
- Market Cap: ₹52.258m
- Shares outstanding: 19.65m
- Website: https://www.srfootwears.com
Number of Employees
- S.R. Industries Limited
- E-217, Industrial Area
- Phase 8B
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|513515||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Aug 2005|
S.R. Industries Limited manufactures and sells footwear in India and internationally. Its products include EVA flip flops; lifestyle footwear; sports sandals; and sports shoes, including die-cut jogger and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 12:40|
|End of Day Share Price||2020/10/19 00:00|
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.