BSE:514118

Stock Analysis Report

Executive Summary

Eskay K'n'IT (India) Limited manufactures and sells textile goods in India.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Eskay K'n'IT (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 514118 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

514118

1.1%

IN Luxury

-0.8%

IN Market


1 Year Return

-20.8%

514118

18.4%

IN Luxury

11.1%

IN Market

Return vs Industry: 514118 underperformed the Indian Luxury industry which returned 16.6% over the past year.

Return vs Market: 514118 underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

514118IndustryMarket
7 Day0%1.1%-0.8%
30 Day0%3.3%-2.3%
90 Day0%9.6%2.1%
1 Year-20.8%-20.8%19.2%18.4%13.1%11.1%
3 Year-32.1%-32.1%54.9%51.5%22.9%16.2%
5 Year-72.9%-72.9%106.1%99.4%34.9%22.6%

Price Volatility Vs. Market

How volatile is Eskay K'n'IT (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Eskay K'n'IT (India) undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Eskay K'n'IT (India) is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Eskay K'n'IT (India) has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 514118’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Eskay K'n'IT (India) regulatory filings.
  • Explore potentially undervalued companies in the Consumer Durables industry.

Future Growth

How is Eskay K'n'IT (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.8%

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 Eskay K'n'IT (India) 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

  • Take a look at our analysis of 514118’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Eskay K'n'IT (India) competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Consumer Durables industry.

Past Performance

How has Eskay K'n'IT (India) performed over the past 5 years?

52.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 514118 is currently unprofitable.

Growing Profit Margin: 514118 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 514118 is unprofitable, but has reduced losses over the past 5 years at a rate of 52.4% per year.

Accelerating Growth: Unable to compare 514118's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 514118 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (2.5%).


Return on Equity

High ROE: 514118's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Eskay K'n'IT (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: 514118 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 514118 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: 514118 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 514118's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 514118 has a high level of physical assets or inventory.

Debt Coverage by Assets: 514118 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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 514118 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 514118 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Eskay K'n'IT (India)'s current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 514118's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 514118'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 514118's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 514118'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 514118'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?

4.3yrs

Average board tenure


CEO

Trivendra Singh 0

6.3yrs

Tenure

₹600,000

Compensation

Mr. Trivendra Shambhu Singh has been Managing Director of Eskay KnIT India Ltd. since November 13, 2013 and served as its Chairman of the Board. Mr. Singh has been Non-Independent Executive Director of Esk ...


CEO Compensation Analysis

Compensation vs Market: Trivendra's total compensation ($USD8.39K) is below average for companies of similar size in the Indian market ($USD50.21K).

Compensation vs Earnings: Trivendra's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Trivendra Singh
MD & Non-Independent Executive Director6.3yrs₹600.00kno data
Manmohan Ahluwalia
Independent Non-Executive Director0yrs₹60.00kno data
Narayan Ghumatkar
Independent Chairman3.3yrs₹60.00kno data
Manasi Wadkar
Non-Independent Non-Executive Director5.3yrs₹30.00kno data
Jaiprakash Mishra
Additional Independent Director0.4yrsno datano data

4.3yrs

Average Tenure

Experienced Board: 514118's board of directors are considered experienced (4.3 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 been diluted in the past year, with total shares outstanding growing by 10.1%.


Top Shareholders

Company Information

Eskay K'n'IT (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Eskay K'n'IT (India) Limited
  • Ticker: 514118
  • Exchange: BSE
  • Founded: 1987
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹53.358m
  • Shares outstanding: 280.83m
  • Website: https://www.eskayknitindia.com

Number of Employees


Location

  • Eskay K'n'IT (India) Limited
  • Raghuvanshi Mills Compound
  • 11/12 Senapati Bapat Marg
  • Mumbai
  • Maharashtra
  • 400013
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
514118BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 2000

Biography

Eskay K'n'IT (India) Limited manufactures and sells textile goods in India. The company was incorporated in 1987 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 12:40
End of Day Share Price2020/01/23 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.