Deepak Spinners Limited manufactures and sells synthetic man made yarns in India.
Undervalued with adequate balance sheet.
Share Price & News
How has Deepak Spinners's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 514030 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 514030 underperformed the Indian Luxury industry which returned 13.7% over the past year.
Return vs Market: 514030 underperformed the Indian Market which returned 6.4% over the past year.
Price Volatility Vs. Market
How volatile is Deepak Spinners's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Deepak Spinners 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: 514030 (₹75) is trading below our estimate of fair value (₹340.83)
Significantly Below Fair Value: 514030 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 514030 is good value based on its PE Ratio (5.6x) compared to the Luxury industry average (10.7x).
PE vs Market: 514030 is good value based on its PE Ratio (5.6x) compared to the Indian market (13x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 514030's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 514030 is good value based on its PB Ratio (0.4x) compared to the IN Luxury industry average (0.5x).
How is Deepak Spinners 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 Deepak Spinners 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 Deepak Spinners 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.
- Deepak Spinners 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 Deepak Spinners performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 514030 has high quality earnings.
Growing Profit Margin: 514030's current net profit margins (2%) are lower than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: 514030's earnings have declined by -1.7% per year over the past 5 years.
Accelerating Growth: 514030's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 514030 had negative earnings growth (-20.7%) over the past year, making it difficult to compare to the Luxury industry average (6.4%).
Return on Equity
High ROE: 514030's Return on Equity (7.2%) is considered low.
Return on Assets
Return on Capital Employed
How is Deepak Spinners's financial position?
Financial Position Analysis
Short Term Liabilities: 514030's short term assets (₹1.2B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 514030's short term assets (₹1.2B) exceed its long term liabilities (₹516.5M).
Debt to Equity History and Analysis
Debt Level: 514030's debt to equity ratio (53.6%) is considered high.
Reducing Debt: 514030's debt to equity ratio has reduced from 144.5% to 53.6% over the past 5 years.
Debt Coverage: 514030's debt is well covered by operating cash flow (40.6%).
Interest Coverage: 514030's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Inventory Level: 514030 has a high level of physical assets or inventory.
Debt Coverage by Assets: 514030's debt is covered by short term assets (assets are 1.6x debt).
What is Deepak Spinners's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 514030's dividend (2%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: 514030's dividend (2%) is low compared to the top 25% of dividend payers in the Indian market (2.63%).
Stability and Growth of Payments
Stable Dividend: 514030 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 514030 has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.2%), 514030'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Pradip Daga (82yo)
Mr. Pradip Kumar Daga, B.Com. (Hons), has been Managing Director of Deepak Spinners Limited since April 16, 2010. Mr. Daga serves as the Chairman and Managing Director of Deepak Industries Ltd. Mr. Daga se ...
CEO Compensation Analysis
Compensation vs Market: Pradip's total compensation ($USD107.04K) is above average for companies of similar size in the Indian market ($USD49.94K).
Compensation vs Earnings: Pradip's compensation has been consistent with company performance over the past year.
|Chairman & MD||9.8yrs||₹7.69m||7.7% ₹41.6m|
|Non-Executive Director||22yrs||₹377.50k||3.89% ₹21.0m|
|Independent Non-Executive Director||14.3yrs||₹382.50k||no data|
|Non-Executive Independent Director||4.8yrs||₹315.00k||no data|
|Independent Non-Executive Director||2.8yrs||₹382.50k||no data|
Experienced Board: 514030's board of directors are considered experienced (9.5 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 not been meaningfully diluted in the past year.
Deepak Spinners Limited's company bio, employee growth, exchange listings and data sources
- Name: Deepak Spinners Limited
- Ticker: 514030
- Exchange: BSE
- Founded: 1982
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹540.965m
- Shares outstanding: 7.21m
- Website: https://www.dsl-india.com
Number of Employees
- Deepak Spinners Limited
- 16, Hare Street
- West Bengal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|514030||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 2002|
Deepak Spinners Limited manufactures and sells synthetic man made yarns in India. The company offers polyester, acrylic, viscose, and high bulk acrylic yarns/high bulk poly-acrylic yarns, as well as polyester viscose and acrylic blends, carpet pile yarns–acrylic and line blends with poly-viscose, and trilobal/polyester blends. It is also involved in the generation and sale of electricity from solar power plant. The company also exports its yarn products to Syria, the Middle East, Turkey, Belgium, the United States, and others. Deepak Spinners Limited was incorporated in 1982 and is based in Kolkata, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 12:44|
|End of Day Share Price||2020/02/27 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.