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PBM Polytex

BSE:514087
Snowflake Description

Flawless balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
514087
BSE
₹640M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

PBM Polytex Limited manufactures, processes, and sells cotton yarns in India. The last earnings update was 242 days ago. More info.


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514087 Share Price and Events
7 Day Returns
-0.9%
BSE:514087
0.9%
IN Luxury
0.8%
IN Market
1 Year Returns
-9.3%
BSE:514087
-3.2%
IN Luxury
-0.7%
IN Market
514087 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
PBM Polytex (514087) -0.9% 0.6% 1.4% -9.3% 0.9% 43.6%
IN Luxury 0.9% 1.7% 8.7% -3.2% 48.8% 161.5%
IN Market 0.8% 2.8% 5.9% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • 514087 underperformed the Luxury industry which returned -3.2% over the past year.
  • 514087 underperformed the Market in India which returned -0.7% over the past year.
Price Volatility
514087
Industry
5yr Volatility vs Market

514087 Value

 Is PBM Polytex undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of PBM Polytex to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for PBM Polytex.

BSE:514087 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 14.9%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:514087
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.729 (1 + (1- 35%) (11.93%))
0.856
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.86
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.856 * 8.6%)
14.92%

Discounted Cash Flow Calculation for BSE:514087 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for PBM Polytex is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:514087 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 14.92%)
2019 9.05 Est @ -61.74% 7.88
2020 5.34 Est @ -40.95% 4.05
2021 3.93 Est @ -26.4% 2.59
2022 3.30 Est @ -16.22% 1.89
2023 3.00 Est @ -9.09% 1.50
2024 2.87 Est @ -4.1% 1.25
2025 2.86 Est @ -0.6% 1.08
2026 2.91 Est @ 1.84% 0.96
2027 3.01 Est @ 3.56% 0.86
2028 3.16 Est @ 4.75% 0.79
Present value of next 10 years cash flows ₹22.83
BSE:514087 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹3.16 × (1 + 7.55%) ÷ (14.92% – 7.55%)
₹46.07
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹46.07 ÷ (1 + 14.92%)10
₹11.47
BSE:514087 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹22.83 + ₹11.47
₹34.30
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹34.30 / 8.13
₹4.22
BSE:514087 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹4.22
Current discount Discount to share price of ₹79.10
= -1 x (₹79.10 - ₹4.22) / ₹4.22
-1774.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of PBM Polytex is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for PBM Polytex's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are PBM Polytex's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:514087 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹4.68
BSE:514087 Share Price ** BSE (2019-04-22) in INR ₹79.1
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.25x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of PBM Polytex.

BSE:514087 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:514087 Share Price ÷ EPS (both in INR)

= 79.1 ÷ 4.68

16.89x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PBM Polytex is overvalued based on earnings compared to the IN Luxury industry average.
  • PBM Polytex is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does PBM Polytex's expected growth come at a high price?
Raw Data
BSE:514087 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
16.7%per year
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.55x
India Market PEG Ratio Median Figure of 585 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for PBM Polytex, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on PBM Polytex's assets?
Raw Data
BSE:514087 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹138.82
BSE:514087 Share Price * BSE (2019-04-22) in INR ₹79.1
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.74x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
BSE:514087 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:514087 Share Price ÷ Book Value per Share (both in INR)

= 79.1 ÷ 138.82

0.57x

* Primary Listing of PBM Polytex.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PBM Polytex is good value based on assets compared to the IN Luxury industry average.
X
Value checks
We assess PBM Polytex's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. PBM Polytex has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

514087 Future Performance

 How is PBM Polytex expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover PBM Polytex, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is PBM Polytex expected to grow at an attractive rate?
  • PBM Polytex's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • PBM Polytex's earnings growth is positive but not above the India market average.
  • Unable to compare PBM Polytex's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:514087 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:514087 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 16.7%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:514087 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:514087 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 1,969 41 38
2017-12-31 1,942 29
2017-09-30 1,921 1
2017-06-30 1,858 18
2017-03-31 1,787 -11 55
2016-09-30 1,687 53
2016-06-30 1,801 42
2016-03-31 1,924 156 54
2015-12-31 1,955 61
2015-09-30 2,037 100
2015-06-30 2,070 103

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • PBM Polytex's earnings are expected to grow by 16.7% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if PBM Polytex is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:514087 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from PBM Polytex Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:514087 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 4.68
2017-12-31 3.45
2017-09-30 0.08
2017-06-30 2.11
2017-03-31 6.73
2016-09-30 6.49
2016-06-30 5.16
2016-03-31 6.62
2015-12-31 7.51
2015-09-30 12.26
2015-06-30 12.72

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if PBM Polytex will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess PBM Polytex's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
PBM Polytex has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

514087 Past Performance

  How has PBM Polytex performed over the past 5 years?

  • PBM Polytex's last earnings update was 242 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare PBM Polytex's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if PBM Polytex's year on year earnings growth rate was positive over the past 5 years.
  • PBM Polytex's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • PBM Polytex's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.
Earnings and Revenue History
PBM Polytex's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from PBM Polytex Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:514087 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 1,968.78 38.07 231.82
2017-12-31 1,941.52 29.22 230.54
2017-09-30 1,921.45 0.69 229.26
2017-06-30 1,857.93 17.88 220.68
2017-03-31 1,787.22 54.76 212.11
2016-09-30 1,687.46 52.73 213.19
2016-06-30 1,800.58 41.94 218.14
2016-03-31 1,924.00 53.86 222.39
2015-12-31 1,954.58 61.12 312.51
2015-09-30 2,037.48 99.72 295.71
2015-06-30 2,070.00 103.40 214.50
2015-03-31 2,168.38 97.69 211.10
2014-12-31 2,220.16 110.76 282.54
2014-09-30 2,253.06 144.26 278.74
2014-06-30 2,305.06 179.86 277.14
2014-03-31 2,321.26 196.96 275.84
2013-12-31 2,300.00 221.41 268.05
2013-09-30 2,248.60 174.71 267.85
2013-06-30 2,198.10 159.61 261.75
2013-03-31 2,171.90 135.01 255.25
2012-12-31 2,244.74 135.21 249.60
2012-09-30 2,213.44 110.11 239.80
2012-06-30 2,240.64 61.91 230.80

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • PBM Polytex has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • PBM Polytex used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • PBM Polytex's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess PBM Polytex's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
PBM Polytex has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

514087 Health

 How is PBM Polytex's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up PBM Polytex's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • PBM Polytex is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • PBM Polytex's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of PBM Polytex's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 9.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from PBM Polytex Company Filings, last reported 1 year ago.

BSE:514087 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 1,128.63 76.35 87.75
2017-12-31 1,128.63 76.35 87.75
2017-09-30 1,070.05 26.30 285.20
2017-06-30 1,158.11 156.59 157.07
2017-03-31 1,112.09 156.59 167.92
2016-09-30
2016-06-30 1,123.05 123.91 211.84
2016-03-31 1,123.05 123.91 211.84
2015-12-31 1,001.30 92.90 394.00
2015-09-30 1,001.30 92.90 394.00
2015-06-30 958.40 170.60 216.60
2015-03-31 1,098.54 211.72 216.63
2014-12-31 953.50 180.40 280.90
2014-09-30 953.50 180.40 280.90
2014-06-30 917.51 274.82 7.03
2014-03-31 917.51 274.82 7.03
2013-12-31 846.20 178.40 192.70
2013-09-30 846.20 178.40 192.70
2013-06-30 744.32 492.18 36.16
2013-03-31 744.32 492.18 36.16
2012-12-31
2012-09-30
2012-06-30 628.33 332.82 13.62
  • PBM Polytex's level of debt (6.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (66.1% vs 6.8% today).
  • Debt is well covered by operating cash flow (53.6%, greater than 20% of total debt).
  • PBM Polytex earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess PBM Polytex's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. PBM Polytex has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

514087 Dividends

 What is PBM Polytex's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.42%
Current annual income from PBM Polytex dividends.
If you bought ₹2,000 of PBM Polytex shares you are expected to receive ₹88 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • PBM Polytex's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • PBM Polytex's dividend is above the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:514087 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:514087 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-08-23 3.500 4.489
2018-05-31 3.500 4.146
2017-09-25 3.000 3.187
2017-05-29 3.000 3.140
2016-09-27 3.000 3.701
2016-05-30 3.000 3.720
2015-09-07 6.000 6.926
2015-05-25 6.000 5.991
2014-05-26 2.500 3.598
2013-05-17 2.000 4.489
2012-08-09 1.500 4.266
2011-09-22 1.000 4.051
2010-07-27 2.000 4.645
2009-04-23 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PBM Polytex has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but PBM Polytex only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of PBM Polytex's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess PBM Polytex's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can PBM Polytex afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. PBM Polytex has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

514087 Management

 What is the CEO of PBM Polytex's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Amit Patodia
COMPENSATION ₹3,902,253
CEO Bio

Mr. Amit Patodia has been Senior President of PBM Polytex Limited since October 1, 2006 and serves as its Chief Executive Officer.

CEO Compensation
  • Amit's compensation has been consistent with company performance over the past year.
  • Amit's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the PBM Polytex management team in years:

8.5
Average Tenure
70
Average Age
  • The average tenure for the PBM Polytex management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Amit Patodia

TITLE
Senior President & CEO
COMPENSATION
₹4M

Gopal Patodia

TITLE
MD & Executive Director
COMPENSATION
₹7M
AGE
72
TENURE
40 yrs

Mohan Patodia

TITLE
MD, CFO & Executive Director
COMPENSATION
₹6M
AGE
70
TENURE
4.6 yrs

Mukesh Prajapat

TITLE
Compliance Officer & Assistant Company Secretary
COMPENSATION
₹373K
TENURE
3.2 yrs

Vikash Patodia

TITLE
Senior President
AGE
43
TENURE
12.5 yrs
Board of Directors Tenure

Average tenure and age of the PBM Polytex board of directors in years:

12.7
Average Tenure
74
Average Age
  • The average tenure for the PBM Polytex board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Krishan Patodia

TITLE
Chairman
COMPENSATION
₹30K
AGE
73

Gopal Patodia

TITLE
MD & Executive Director
COMPENSATION
₹7M
AGE
72
TENURE
40.6 yrs

Mohan Patodia

TITLE
MD, CFO & Executive Director
COMPENSATION
₹6M
AGE
70
TENURE
38.7 yrs

Hari Siotia

TITLE
Non-Executive Director
COMPENSATION
₹110K
AGE
84
TENURE
38.7 yrs

Ashok Pandit

TITLE
Independent Director
AGE
82
TENURE
0.9 yrs

Jugalkishore Todi

TITLE
Independent & Non-Executive Director
COMPENSATION
₹120K
AGE
79
TENURE
12.7 yrs

Vinita Devi Modi

TITLE
Independent Woman Director
COMPENSATION
₹20K
AGE
62
TENURE
4.6 yrs

Makhanlal Bagaria

TITLE
Independent Director
COMPENSATION
₹10K
AGE
75
TENURE
4.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess PBM Polytex's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. PBM Polytex has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

514087 News

Simply Wall St News

Should You Be Tempted To Sell PBM Polytex Limited (BOM:514087) Because Of Its PE Ratio?

and want to better understand how you can grow your money by investing in PBM Polytex Limited (BOM:514087). … PBM Polytex Limited (BOM:514087) is trading with a trailing P/E of 18x, which is higher than the industry average of 16.9x. … While 514087 might seem like a stock to avoid or sell if you own it, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions.

Simply Wall St -

514087 Company Info

Description

PBM Polytex Limited manufactures, processes, and sells cotton yarns in India. The company offers single and double count yarns; and gassed products. It also exports its products. In addition, the company generates electricity through windmills. The company was formerly known as The Petlad Bulakhidas Mills Co. Ltd. and changed to PBM Polytex Limited in 1978. PBM Polytex Limited was incorporated in 1919 and is based in Vadodara, India.

Details
Name: PBM Polytex Limited
514087
Exchange: BSE
Founded: 1919
₹639,831,000
8,130,000
Website: http://pbmpolytex.com
Address: PBM Polytex Limited
Ramakrishna Chambers,
8th Floor,
Vadodara,
Gujarat, 390007,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 514087 Equity Shares Mumbai Stock Exchange IN INR 21. Dec 2004
Number of employees
Current staff
Staff numbers
1,054
PBM Polytex employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 12:44
End of day share price update: 2019/04/22 00:00
Last earnings filing: 2018/08/23
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.