Sanrhea Technical Textiles Ltd. manufactures and sells industrial and technical fabrics in India.
+ 1 more risk
Adequate balance sheet and slightly overvalued.
Share Price & News
How has Sanrhea Technical Textiles's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 514280 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 514280 exceeded the Indian Luxury industry which returned 16.6% over the past year.
Return vs Market: 514280 exceeded the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Sanrhea Technical Textiles's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Sanrhea Technical Textiles 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: 514280 (₹20.5) is trading below our estimate of fair value (₹26.27)
Significantly Below Fair Value: 514280 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 514280 is poor value based on its PE Ratio (21.9x) compared to the Luxury industry average (11.1x).
PE vs Market: 514280 is poor value based on its PE Ratio (21.9x) compared to the Indian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 514280's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 514280 is overvalued based on its PB Ratio (0.8x) compared to the IN Luxury industry average (0.5x).
How is Sanrhea Technical Textiles 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 Sanrhea Technical Textiles 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 Sanrhea Technical Textiles'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.
- Sanrhea Technical Textiles 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 Sanrhea Technical Textiles performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 514280 has a large one-off gain of ₹787.0K impacting its December 31 2019 financial results.
Growing Profit Margin: 514280's current net profit margins (0.8%) are lower than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: 514280's earnings have grown significantly by 41% per year over the past 5 years.
Accelerating Growth: 514280's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 514280 had negative earnings growth (-75.2%) over the past year, making it difficult to compare to the Luxury industry average (2.5%).
Return on Equity
High ROE: 514280's Return on Equity (4.4%) is considered low.
Return on Assets
Return on Capital Employed
How is Sanrhea Technical Textiles's financial position?
Financial Position Analysis
Short Term Liabilities: 514280's short term assets (₹181.3M) exceed its short term liabilities (₹164.0M).
Long Term Liabilities: 514280's short term assets (₹181.3M) exceed its long term liabilities (₹16.0M).
Debt to Equity History and Analysis
Debt Level: 514280's debt to equity ratio (157.3%) is considered high.
Reducing Debt: 514280's debt to equity ratio has reduced from 249.9% to 157.3% over the past 5 years.
Debt Coverage: 514280's debt is well covered by operating cash flow (26.9%).
Interest Coverage: 514280's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Inventory Level: 514280 has a high level of physical assets or inventory.
Debt Coverage by Assets: 514280's debt is covered by short term assets (assets are 1.7x debt).
What is Sanrhea Technical Textiles's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 514280's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 514280'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 514280's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 514280'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 514280'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 board tenure
Tushar Patel (54yo)
Mr. Tushar Mahendrabhai Patel has been Managing Director of Sanrhea Technical Textiles Ltd., since August , 2014 and serves as its Chief Executive Officer and Executive Director. Mr. Patel serves as a Dire ...
CEO Compensation Analysis
Compensation vs Market: Tushar's total compensation ($USD63.52K) is about average for companies of similar size in the Indian market ($USD50.21K).
Compensation vs Earnings: Tushar's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|MD & Executive Director||2.5yrs||₹4.54m||32.03% ₹24.9m|
|Independent Director||17.4yrs||no data||no data|
|Independent Director||16.4yrs||no data||no data|
|Non-Executive Director||5yrs||no data||no data|
Experienced Board: 514280's board of directors are seasoned and experienced ( 16.4 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 been diluted in the past year, with total shares outstanding growing by 8.1%.
Sanrhea Technical Textiles Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Sanrhea Technical Textiles Ltd.
- Ticker: 514280
- Exchange: BSE
- Founded: 1983
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹77.695m
- Shares outstanding: 3.79m
- Website: https://www.sanrhea.com
Number of Employees
- Sanrhea Technical Textiles Ltd.
- Dr. Ambedkar Road
- Near G.E.B.
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|514280||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 1995|
Sanrhea Technical Textiles Ltd. manufactures and sells industrial and technical fabrics in India. It offers RFL-dipped fabrics for conveyor belts, tires, and other rubber products; belting fabrics; chafer fabrics for tires; and diaphragm, and impression and float fabrics. Sanrhea Technical Textiles Ltd. also exports its products. The company was incorporated in 1983 and is based in Kalol, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 12:49|
|End of Day Share Price||2020/02/13 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.