BSE:514240

Stock Analysis Report

Executive Summary

Kush Industries Limited engages in the textiles and ceramic businesses in India.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Kush Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 514240 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

514240

-0.5%

IN Luxury

-1.5%

IN Market


1 Year Return

n/a

514240

18.2%

IN Luxury

10.7%

IN Market

Return vs Industry: Insufficient data to determine how 514240 performed against the Indian Luxury industry.

Return vs Market: Insufficient data to determine how 514240 performed against the Indian Market.


Shareholder returns

514240IndustryMarket
7 Day0%-0.5%-1.5%
30 Day-4.0%3.0%-2.7%
90 Day0%9.2%1.3%
1 Yearn/a19.0%18.2%12.7%10.7%
3 Year28.4%28.4%52.2%48.8%22.0%15.1%
5 Year-28.6%-28.6%106.9%100.1%34.5%22.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Kush Industries undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Kush Industries is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Kush Industries 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 514240’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 Kush Industries regulatory filings.
  • Explore potentially undervalued companies in the Consumer Durables industry.

Future Growth

How is Kush Industries 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 Kush Industries 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 Kush Industries performed over the past 5 years?

12.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 514240 is currently unprofitable.

Growing Profit Margin: 514240 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 514240 is unprofitable, but has reduced losses over the past 5 years at a rate of 12.4% per year.

Accelerating Growth: Unable to compare 514240's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 514240 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (2.7%).


Return on Equity

High ROE: 514240'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 Kush Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 514240 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 514240 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: 514240 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 514240's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 514240 has a high level of physical assets or inventory.

Debt Coverage by Assets: 514240 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 514240 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 514240 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Kush Industries'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 514240's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 514240'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 514240's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 514240'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 514240'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?

24.6yrs

Average board tenure


CEO

Mansukh Karsan Virani (67yo)

Mr. Mansukh Karsan Patel served as the Compliance Officer of SNS Textiles Ltd until July 2018 and has been its Whole-Time Director since April 3, 1992 and its Chairman. 


Board Members

NamePositionTenureCompensationOwnership
Mansukh Karsan Virani
Chairman of the Board0yrsno data6.81% 960.2k
Ranjitsinh Parmar
Independent Director25.8yrsno datano data
Priyesh Shah
Independent Director24.6yrsno data0.94% 132.6k
Kiran Virani
Non Executive Director4.9yrsno datano data

24.6yrs

Average Tenure

64yo

Average Age

Experienced Board: 514240's board of directors are seasoned and experienced ( 24.6 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

Kush Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kush Industries Limited
  • Ticker: 514240
  • Exchange: BSE
  • Founded: 1992
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹14.104m
  • Shares outstanding: 14.85m
  • Website: https://www.kushindustrieslimited.com

Location

  • Kush Industries Limited
  • Plot No. 330-A
  • GIDC
  • Bharuch
  • Gujarat
  • 393002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
514240BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2003

Biography

Kush Industries Limited engages in the textiles and ceramic businesses in India. It engages in processing, texturizing, weaving, spinning, twisting, crimping, manufacturing, and selling balers of polyester, polypropylene, silk, artificial silk, rayon, nylon, terine, strechlon, POY man-made synthetic fibers, staple fibers, wool, and fibrous materials; and knitted or looped linen and fabrics. The company is also involved in buying, selling, and/or dealing in silk, strechlon, rayon, nylon, and khadi silk. In addition, it manufactures, trades in, wholesales, retails, imports, and exports ceramic goods, earthen wares, hotel wares, glass wares, decorative wares, kitchen wares, crockery, potteries, cups, mugs, glass accessories, and bottles jars, as well as glazed and unglazed accessories of ceramic table wares. The company was formerly known as SNS Textiles Ltd. and changed its name to Kush Industries Limited in December 2016. Kush Industries Limited was founded in 1992 and is based in Bharuch, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 12:47
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.