BSE:514140

Stock Analysis Report

Suryavanshi Spinning Mills

Executive Summary

Suryavanshi Spinning Mills Limited manufactures and sells polyester yarns, polyester-viscose blended yarns, absorbent bleached cotton, and readymade garments.

Rewards

Trading at 79.2% below its fair value

Risk Analysis

Earnings have declined by -3.76% per year over past 5 years

Does not have a meaningful market cap (₹38M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Does not have meaningful revenue (₹233M)



Snowflake Analysis

Slightly overvalued with weak fundamentals.

Share Price & News

How has Suryavanshi Spinning Mills's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 514140 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

514140

1.1%

IN Luxury

-0.6%

IN Market


1 Year Return

n/a

514140

19.3%

IN Luxury

11.1%

IN Market

Return vs Industry: Insufficient data to determine how 514140 performed against the Indian Luxury industry.

Return vs Market: Insufficient data to determine how 514140 performed against the Indian Market.


Shareholder returns

514140IndustryMarket
7 Day0%1.1%-0.6%
30 Day-5.0%4.6%-0.5%
90 Dayn/a11.5%3.0%
1 Yearn/a20.1%19.3%13.1%11.1%
3 Year-11.3%-11.3%54.7%52.8%24.5%18.0%
5 Year-33.4%-33.4%110.4%103.4%37.8%25.7%

Price Volatility Vs. Market

How volatile is Suryavanshi Spinning Mills's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Suryavanshi Spinning Mills undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 514140 (₹7.65) is trading below our estimate of fair value (₹36.71)

Significantly Below Fair Value: 514140 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 514140 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: 514140 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 514140's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 514140 has negative assets, so we can't compare its PB Ratio to the IN Luxury industry average.


Next Steps

Future Growth

How is Suryavanshi Spinning Mills forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.7%

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 Suryavanshi Spinning Mills 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 Suryavanshi Spinning Mills performed over the past 5 years?

-3.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 514140 is currently unprofitable.

Growing Profit Margin: 514140 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 514140 is unprofitable, and losses have increased over the past 5 years at a rate of -3.8% per year.

Accelerating Growth: Unable to compare 514140's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 514140 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (6%).


Return on Equity

High ROE: 514140'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 Suryavanshi Spinning Mills's financial position?


Financial Position Analysis

Short Term Liabilities: 514140 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 514140 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: 514140 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 514140's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 514140 has a high level of physical assets or inventory.

Debt Coverage by Assets: 514140 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 514140 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 514140 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Suryavanshi Spinning Mills's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.6%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 514140's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 514140'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 514140's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 514140'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 514140'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?

6.4yrs

Average board tenure


CEO

Rajender Agarwal (57yo)

6yrs

Tenure

0

Mr. Rajender Kumar Agarwal, B.Tech. (Mechanical), has been the Managing Director of Suryavanshi Spinning Mills Limited since February 13, 2014 and also serves as its Executive Director. Mr. Agarwal served  ...


CEO Compensation Analysis

Compensation vs Market: Rajender's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD50.31K).

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


Board Members

NamePositionTenureCompensationOwnership
Rajender Agarwal
MD & Executive Director6yrsno data58.07% 21.8m
Surender Agarwal
Independent Director6.9yrs₹21.00kno data
Manish Gupta
Independent Director5.9yrs₹21.00kno data
Sushma Gupta
Independent Director4.9yrs₹12.00k0.0038% 1.4k

6.4yrs

Average Tenure

Experienced Board: 514140's board of directors are considered experienced (6.4 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

Suryavanshi Spinning Mills Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Suryavanshi Spinning Mills Limited
  • Ticker: 514140
  • Exchange: BSE
  • Founded: 1978
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹37.551m
  • Shares outstanding: 4.91m
  • Website: https://www.suryavanshi.com

Number of Employees


Location

  • Suryavanshi Spinning Mills Limited
  • Surya Towers
  • 6th Floor
  • Secunderabad
  • Andhra Pradesh
  • 500003
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
514140BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002

Biography

Suryavanshi Spinning Mills Limited manufactures and sells polyester yarns, polyester-viscose blended yarns, absorbent bleached cotton, and readymade garments. Its products include grey and specialty yarns, and dyed yarns; and polos, sweatshirts, shorts, rompers, and loungewear single jersey products men's, ladies, and kids. The company also exports its products to the United States, Europe, Japan, China, Korea, Vietnam, Hong Kong, Bangladesh, Italy, Egypt, etc. Suryavanshi Spinning Mills Limited was founded in 1978 and is based in Secunderabad, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 13:05
End of Day Share Price2020/02/10 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.