BSE:513515

Stock Analysis Report

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Executive Summary

S.R. Industries Limited manufactures and sells footwear in India and internationally. More Details


Snowflake Analysis

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.


Market Performance


7 Day Return

26.8%

513515

-0.5%

IN Luxury

-0.6%

IN Market


1 Year Return

654.1%

513515

-7.3%

IN Luxury

2.2%

IN Market

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.


Shareholder returns

513515IndustryMarket
7 Day26.8%-0.5%-0.6%
30 Day78.8%3.3%0.2%
90 Day357.4%17.2%6.7%
1 Year654.1%654.1%-6.7%-7.3%3.9%2.2%
3 Year-87.2%-87.2%7.0%4.8%2.6%-2.4%
5 Year-54.2%-54.2%43.2%36.0%41.3%30.8%

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

Valuation

Is S.R. Industries undervalued compared to its fair value and its price relative to the market?

>50%

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.


Next Steps

Future Growth

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

43.6%

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.


Next Steps

Past Performance

How has S.R. Industries performed over the past 5 years?

-58.2%

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.


Next Steps

Financial Health

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.


Balance Sheet


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.


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.3yrs

Average board tenure


CEO

Munish Mahajan (48 yo)

0.17

Tenure

₹1,800,000

Compensation

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 ...


Board Members

NamePositionTenureCompensationOwnership
Amit Mahajan
CFO, Director of Commercial & Non-Executive Director23.42yrs₹3.00m8.97%
₹ 4.7m
Munish Mahajan
MD & Director0.17yr₹1.80m0.051%
₹ 26.6k
Udit Mayor
Independent Non-Executive Chairman0.33yrno datano data
Anu Kumari
Non-Executive Independent Director0.083yrno datano data

0.3yrs

Average Tenure

43.5yo

Average Age

Experienced Board: 513515's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.


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

S.R. Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • S.R. Industries Limited
  • E-217, Industrial Area
  • Phase 8B
  • Mohali
  • Punjab
  • 160071
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
513515BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2005

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 12:40
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.