BSE:514128

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Executive Summary

Konark Synthetic Limited, together with its subsidiaries, engages in the textile business in India. More Details


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

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.


Market Performance


7 Day Return

0%

514128

-0.5%

IN Luxury

-0.6%

IN Market


1 Year Return

-38.5%

514128

-7.3%

IN Luxury

2.2%

IN Market

Return vs Industry: 514128 underperformed the Indian Luxury industry which returned -8% over the past year.

Return vs Market: 514128 underperformed the Indian Market which returned 1.1% over the past year.


Shareholder returns

514128IndustryMarket
7 Day0%-0.5%-0.6%
30 Day7.4%3.3%0.2%
90 Day-5.4%17.2%6.7%
1 Year-38.5%-38.5%-6.7%-7.3%3.9%2.2%
3 Year-37.5%-37.5%7.0%4.8%2.6%-2.4%
5 Year-38.0%-38.0%43.2%36.0%41.3%30.8%

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

Valuation

Is Konark Synthetic undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Konark Synthetic is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Konark Synthetic 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 514128'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 Konark Synthetic regulatory filings.
  • Explore potentially undervalued companies in the Consumer Durables industry.

Future Growth

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

43.6%

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.


Next Steps

Past Performance

How has Konark Synthetic performed over the past 5 years?

-35.5%

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 35.5% 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 (-23.2%).


Return on Equity

High ROE: 514128's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Konark Synthetic's financial position?


Financial Position Analysis

Short Term Liabilities: 514128 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 514128 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: 514128 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 514128's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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: 514128 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 514128 has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 12.8% each year.


Next Steps

Dividend

What is Konark Synthetic current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 514128's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 514128's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Amitabh Kejriwal (55 yo)

3.5yrs

Tenure

₹1,085,712

Compensation

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 ($USD14.78K) is below average for companies of similar size in the Indian market ($USD56.15K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Amitabh Kejriwal
MD & Director3.5yrs₹1.09m1.17%
₹ 682.0k
Ramniwas Somany
Chief Financial Officer5.58yrs₹1.20m0.0086%
₹ 5.0k
Karunakar Sherigar
Chief Accountantno data₹588.00kno data
Mehnuddin Khan
Company Secretary & Compliance Officer5.17yrs₹410.00kno data
Dinesh Didwania
Sales Headno datano datano data
Pramod Kakrania
Factory Headno datano datano data
G. Rajgar
Factory Headno datano datano data
Shonit Dalmia
Executive Officerno data₹600.00k0.46%
₹ 264.8k

5.2yrs

Average Tenure

55yo

Average Age

Experienced Management: 514128's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Amitabh Kejriwal
MD & Director3.5yrs₹1.09m1.17%
₹ 682.0k
Prakashchand Dalmia
Non-Executive Chairman3.58yrsno data43.08%
₹ 25.0m
Satish Deshmukh
Independent Non-Executive Director9.42yrsno datano data
Suvriti Gupta
Non-Executive Independent Director3.5yrsno datano data

6.5yrs

Average Tenure

60yo

Average Age

Experienced Board: 514128's board of directors are considered experienced (6.5 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

Konark Synthetic Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Konark Synthetic Limited
  • Ticker: 514128
  • Exchange: BSE
  • Founded: 1984
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹58.080m
  • Shares outstanding: 5.81m
  • Website: https://www.konarkgroup.co.in

Location

  • Konark Synthetic Limited
  • Building No. 7
  • Mittal Industrial Estate
  • Mumbai
  • Maharashtra
  • 400059
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
514128BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2005

Biography

Konark Synthetic Limited, together with its subsidiaries, engages in the textile business in India. The company offers specialty polyester yarns, including texturized and air-texturized yarns; fabrics, suc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 12:40
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.