Konark Synthetic Limited, together with its subsidiaries, engages in the textile business in India.
Adequate balance sheet and slightly overvalued.
Share Price & News
How has Konark Synthetic's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 514128's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 514128 underperformed the Indian Luxury industry which returned 16.6% over the past year.
Return vs Market: 514128 underperformed the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Konark Synthetic's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Konark Synthetic 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: 514128 (₹13.4) is trading below our estimate of fair value (₹18.33)
Significantly Below Fair Value: 514128 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 514128 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 514128 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 514128's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 514128 is overvalued based on its PB Ratio (2.4x) compared to the IN Luxury industry average (0.5x).
How is Konark Synthetic 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 Konark Synthetic 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 Konark Synthetic's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Konark Synthetic 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 Konark Synthetic performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 514128 is currently unprofitable.
Growing Profit Margin: 514128 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 514128 is unprofitable, and losses have increased over the past 5 years at a rate of -26.8% per year.
Accelerating Growth: Unable to compare 514128's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 514128 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (2.5%).
Return on Equity
High ROE: 514128 has a negative Return on Equity (-260.65%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Konark Synthetic's financial position?
Financial Position Analysis
Short Term Liabilities: 514128's short term assets (₹991.4M) exceed its short term liabilities (₹948.4M).
Long Term Liabilities: 514128's short term assets (₹991.4M) exceed its long term liabilities (₹531.1M).
Debt to Equity History and Analysis
Debt Level: 514128's debt to equity ratio (3396.8%) is considered high.
Reducing Debt: 514128's debt to equity ratio has increased from 404.2% to 3396.8% over the past 5 years.
Inventory Level: 514128 has a high level of physical assets or inventory.
Debt Coverage by Assets: 514128's debt is not covered by short term assets (assets are 0.9x 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: Whilst unprofitable 514128 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 514128 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.3% per year.
What is Konark Synthetic's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 514128's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 514128'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 514128's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 514128's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 514128 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 514128'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
Amitabh Kejriwal (54yo)
Mr. Amitabh Ramswaroop Kejriwal has been Managing Director of Konark Synthetics Limited since April 1, 2017 and previously served as its Director of Textiles from May 25, 2016 to April 1, 2017. Mr. Kejriwa ...
CEO Compensation Analysis
Compensation vs Market: Amitabh's total compensation ($USD15.52K) is below average for companies of similar size in the Indian market ($USD50.21K).
Compensation vs Earnings: Amitabh's compensation has been consistent with company performance over the past year.
|MD & Director||2.8yrs||₹1.11m||1.17% ₹913.9k|
|Chief Financial Officer||4.9yrs||₹1.20m||0.0086% ₹6.7k|
|Chief Accountant||0yrs||no data||no data|
|Company Secretary & Compliance Officer||4.5yrs||₹402.00k||no data|
|Sales Head||0yrs||no data||no data|
|Factory Head||0yrs||no data||no data|
|Factory Head||0yrs||no data||no data|
|Executive Officer||0yrs||₹600.00k||0.46% ₹354.8k|
Experienced Management: 514128's management team is considered experienced (4.5 years average tenure).
|MD & Director||2.8yrs||₹1.11m||1.17% ₹913.9k|
|Non-Executive Chairman||2.9yrs||no data||43.08% ₹33.5m|
|Independent Non-Executive Director||8.8yrs||no data||no data|
|Non-Executive Independent Director||2.8yrs||no data||no data|
Experienced Board: 514128's board of directors are considered experienced (5.8 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.
Konark Synthetic Limited's company bio, employee growth, exchange listings and data sources
- Name: Konark Synthetic Limited
- Ticker: 514128
- Exchange: BSE
- Founded: 1984
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹77.827m
- Shares outstanding: 5.81m
- Website: https://www.konarkgroup.co.in
- Konark Synthetic Limited
- Building No. 7, Mittal Industrial Estate
- Andheri Kurla Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|514128||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2005|
Konark Synthetic Limited, together with its subsidiaries, engages in the textile business in India. The company offers synthetic or artificial filament yarns, including high tenacity yarns, and specialty polyester yarns, including texturized and air-texturized yarns; fabrics, including yarn dyed and piece dyed polyester fabrics; blends with cotton, linen, rayon, and silk; and carded, combed, and compact cotton yarns. It also provides apparel comprising trousers, shirts, and shorts, as well as curtains, and bed covers and furnishings. The company also exports its products. Konark Synthetic Limited was incorporated in 1984 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 12:32|
|End of Day Share Price||2020/02/11 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.