BSE:514113

Stock Analysis Report

Executive Summary

Adinath Textiles Limited manufactures and sells blended acrylic and worsted yarns in India.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Adinath Textiles's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 514113 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

514113

-2.4%

IN Luxury

-3.0%

IN Market


1 Year Return

-34.7%

514113

-26.9%

IN Luxury

-29.2%

IN Market

Return vs Industry: 514113 underperformed the Indian Luxury industry which returned -26.9% over the past year.

Return vs Market: 514113 underperformed the Indian Market which returned -29.2% over the past year.


Shareholder returns

514113IndustryMarket
7 Day0%-2.4%-3.0%
30 Day1.3%-28.4%-26.9%
90 Day-15.8%-25.6%-28.5%
1 Year-34.7%-34.7%-26.2%-26.9%-27.7%-29.2%
3 Year-68.3%-68.3%0.8%-1.6%-15.2%-19.9%
5 Year6.7%6.7%43.7%38.6%-3.1%-8.1%

Price Volatility Vs. Market

How volatile is Adinath Textiles's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Adinath Textiles undervalued compared to its fair value and its price relative to the market?

0.8x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 514113's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 514113's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 514113 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: 514113 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 514113's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 514113 is overvalued based on its PB Ratio (0.8x) compared to the IN Luxury industry average (0.4x).


Next Steps

Future Growth

How is Adinath Textiles forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.9%

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 Adinath Textiles 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 Adinath Textiles performed over the past 5 years?

-62.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 514113 is currently unprofitable.

Growing Profit Margin: 514113 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 514113 is unprofitable, and losses have increased over the past 5 years at a rate of -62.1% per year.

Accelerating Growth: Unable to compare 514113's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 514113 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).


Return on Equity

High ROE: 514113 has a negative Return on Equity (-17.98%), as it is currently unprofitable.


Next Steps

Financial Health

How is Adinath Textiles's financial position?


Financial Position Analysis

Short Term Liabilities: 514113's short term assets (₹14.5M) do not cover its short term liabilities (₹20.3M).

Long Term Liabilities: 514113's short term assets (₹14.5M) exceed its long term liabilities (₹2.1M).


Debt to Equity History and Analysis

Debt Level: 514113's debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: 514113's debt to equity ratio has reduced from 172.9% to 0.6% over the past 5 years.


Balance Sheet

Inventory Level: 514113 has a high level of physical assets or inventory.

Debt Coverage by Assets: 514113's debt is covered by short term assets (assets are 207.5x 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: 514113 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if 514113 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Adinath Textiles's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 514113's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 514113'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 514113's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 514113'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 514113'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?

4.0yrs

Average management tenure


CEO

Rajneesh Oswal (53yo)

no data

Tenure

₹600,000

Compensation

Mr. Rajneesh Oswal serves as Managing Director of Adinath Textiles Ltd. Mr. Oswal serves as Joint Managing Director of Shreyans Industries Limited. Mr. Oswal has been Chairman of the Board of Shreyans Indu ...


CEO Compensation Analysis

Compensation vs Market: Rajneesh's total compensation ($USD7.96K) is below average for companies of similar size in the Indian market ($USD48.50K).

Compensation vs Earnings: Rajneesh's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Rajneesh Oswal
Executive Chairman & MDno data₹600.00kno data
Vishal Oswal
Vice Chairman & MD2.83yrs₹600.00k0.063% 6.9k
Rajesh Kumar
Chief Financial Officer5.83yrs₹478.00kno data
Parminder Singh
Compliance Officer & Company Secretary4yrs₹367.00kno data
Ashok Kundra
Manager of Personnelno datano datano data

4.0yrs

Average Tenure

49yo

Average Age

Experienced Management: 514113's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rajneesh Oswal
Executive Chairman & MDno data₹600.00kno data
Vishal Oswal
Vice Chairman & MD2.83yrs₹600.00k0.063% 6.9k
Surinder Sekhri
Independent Director15.75yrs₹1.50kno data
Priya Begana
Independent Director3.17yrs₹30.00kno data
Ramesh Juneja
Independent Director2.83yrs₹3.00kno data

3.0yrs

Average Tenure

53yo

Average Age

Experienced Board: 514113's board of directors are considered experienced (3 years average tenure).


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

Adinath Textiles Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Adinath Textiles Limited
  • Ticker: 514113
  • Exchange: BSE
  • Founded: 1979
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹10.903m
  • Shares outstanding: 6.81m
  • Website: https://www.adinathtextiles.com

Number of Employees


Location

  • Adinath Textiles Limited
  • Village Bholapur
  • P.O. Sahabana
  • Ludhiana
  • Punjab
  • 141123
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
514113BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002

Biography

Adinath Textiles Limited manufactures and sells blended acrylic and worsted yarns in India. It also trades in unstitched suitings, shirtings, and dress materials. The company was incorporated in 1979 and is based in Ludhiana, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 12:47
End of Day Share Price2020/03/20 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.