Himachal Fibres Limited manufactures and sells cotton polyester yarns and knitted clothes in India.
Fair value with mediocre balance sheet.
Share Price & News
How has Himachal Fibres's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 514010's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 514010 underperformed the Indian Luxury industry which returned 16.6% over the past year.
Return vs Market: 514010 underperformed the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Himachal Fibres's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Himachal Fibres 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: 514010 (₹1.33) is trading below our estimate of fair value (₹5.44)
Significantly Below Fair Value: 514010 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 514010 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 514010 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 514010's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 514010 is good value based on its PB Ratio (0.4x) compared to the IN Luxury industry average (0.5x).
How is Himachal Fibres 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 Himachal Fibres 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.
- Examine whether Himachal Fibres 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.
- Himachal Fibres 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 Himachal Fibres performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 514010 is currently unprofitable.
Growing Profit Margin: 514010 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 514010 is unprofitable, but has reduced losses over the past 5 years at a rate of 14.9% per year.
Accelerating Growth: Unable to compare 514010's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 514010 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (2.7%).
Return on Equity
High ROE: 514010 has a negative Return on Equity (-1.26%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Himachal Fibres's financial position?
Financial Position Analysis
Short Term Liabilities: 514010's short term assets (₹399.4M) exceed its short term liabilities (₹233.3M).
Long Term Liabilities: 514010's short term assets (₹399.4M) exceed its long term liabilities (₹76.6M).
Debt to Equity History and Analysis
Debt Level: 514010's debt to equity ratio (67.8%) is considered high.
Reducing Debt: 514010's debt to equity ratio has reduced from 94% to 67.8% over the past 5 years.
Inventory Level: 514010 has a high level of physical assets or inventory.
Debt Coverage by Assets: 514010's debt is covered by short term assets (assets are 1.8x debt).
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: Insufficient data to determine if 514010 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 514010 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Himachal Fibres's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 514010's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 514010's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 514010's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 514010'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 514010'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 management tenure
Gian Thakur (47yo)
Mr. Gian Chand Thakur has been a Whole Time Director of Himachal Fibres Ltd., since May 13, 2015.
CEO Compensation Analysis
Compensation vs Market: Gian's total compensation ($USD10.07K) is below average for companies of similar size in the Indian market ($USD50.14K).
Compensation vs Earnings: Gian's compensation has been consistent with company performance over the past year.
|Whole Time Director||0yrs||₹720.00k||no data|
|Chief Financial Officer||3.8yrs||₹712.23k||no data|
|38.1yrs||no data||no data|
|Company Secretary & Compliance Officer||0.8yrs||no data||no data|
|Chief Engineer||0yrs||no data||no data|
Experienced Management: 514010's management team is considered experienced (3.8 years average tenure).
|Whole Time Director||0yrs||₹720.00k||no data|
|Additional Independent Director||0yrs||₹350.00k||no data|
|Independent Woman Director||4.9yrs||₹18.00k||no data|
|Non Executive Director||3.5yrs||₹18.00k||no data|
|Independent Non-Executive Chairman||1.3yrs||₹6.00k||no data|
Experienced Board: 514010's board of directors are considered experienced (4.1 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 16.2%.
Himachal Fibres Limited's company bio, employee growth, exchange listings and data sources
- Name: Himachal Fibres Limited
- Ticker: 514010
- Exchange: BSE
- Founded: 1980
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹114.713m
- Shares outstanding: 86.25m
- Website: https://www.himachalfibre.com
Number of Employees
- Himachal Fibres Limited
- 8-L, Model Town
- Backside Hotel Chevron
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|514010||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Sep 1996|
Himachal Fibres Limited manufactures and sells cotton polyester yarns and knitted clothes in India. It offers cotton, melange, cotton dyed, and open end yarns. The company also provides blended yarns that comprise cotton/polyester, cotton/viscose, and acrylic/polyester yarns, as well as grey and dyed yarns in hosiery and weaving sector. The company was incorporated in 1980 and is based in Ludhiana, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 12:38|
|End of Day Share Price||2020/02/14 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.