BSE:514316

Stock Analysis Report

Executive Summary

Raghuvir Synthetics Limited operates as a textile manufacturing and processing company in India.

Rewards

Earnings grew by 187.4% over the past year

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap (₹625M)

Has a high level of debt



Snowflake Analysis

Solid track record with mediocre balance sheet.

Share Price & News

How has Raghuvir Synthetics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 514316's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

514316

-0.5%

IN Luxury

-1.5%

IN Market


1 Year Return

-25.1%

514316

18.2%

IN Luxury

10.7%

IN Market

Return vs Industry: 514316 underperformed the Indian Luxury industry which returned 18.2% over the past year.

Return vs Market: 514316 underperformed the Indian Market which returned 10.7% over the past year.


Shareholder returns

514316IndustryMarket
7 Day0%-0.5%-1.5%
30 Day-9.8%3.0%-2.7%
90 Day0.6%9.2%1.3%
1 Year-25.1%-25.1%19.0%18.2%12.7%10.7%
3 Year253.1%253.1%52.2%48.8%22.0%15.1%
5 Year1241.7%1241.7%106.9%100.1%34.5%22.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Raghuvir Synthetics undervalued compared to its fair value and its price relative to the market?

21.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 514316's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 514316's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 514316 is poor value based on its PE Ratio (21.3x) compared to the Luxury industry average (11.2x).

PE vs Market: 514316 is poor value based on its PE Ratio (21.3x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 514316's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 514316 is overvalued based on its PB Ratio (3x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Raghuvir Synthetics 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 Raghuvir Synthetics 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 Raghuvir Synthetics performed over the past 5 years?

49.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 514316 has high quality earnings.

Growing Profit Margin: 514316's current net profit margins (3.6%) are higher than last year (2.1%).


Past Earnings Growth Analysis

Earnings Trend: 514316 has become profitable over the past 5 years, growing earnings by 49.1% per year.

Accelerating Growth: 514316's earnings growth over the past year (187.4%) exceeds its 5-year average (49.1% per year).

Earnings vs Industry: 514316 earnings growth over the past year (187.4%) exceeded the Luxury industry 5.6%.


Return on Equity

High ROE: 514316's Return on Equity (14.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Raghuvir Synthetics's financial position?


Financial Position Analysis

Short Term Liabilities: 514316's short term assets (₹260.2M) do not cover its short term liabilities (₹282.1M).

Long Term Liabilities: 514316's short term assets (₹260.2M) exceed its long term liabilities (₹123.5M).


Debt to Equity History and Analysis

Debt Level: 514316's debt to equity ratio (56.5%) is considered high.

Reducing Debt: 514316's debt to equity ratio has increased from 22.6% to 56.5% over the past 5 years.

Debt Coverage: 514316's debt is well covered by operating cash flow (90.5%).

Interest Coverage: 514316 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 514316 has a high level of physical assets or inventory.

Debt Coverage by Assets: 514316's debt is covered by short term assets (assets are 2.3x debt).


Next Steps

Dividend

What is Raghuvir Synthetics'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 514316's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 514316'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 514316's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 514316'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 514316'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?

1.0yrs

Average management tenure


CEO

Sunil Agarwal (55yo)

₹20,000,000

Compensation

Mr. Sunil Raghuvirprasad Agarwal serves as the Chairman and Managing Director of Raghuvir Synthetics Ltd and served as its Chief Executive Officer until September 1, 2016. 


CEO Compensation Analysis

Compensation vs Market: Sunil's total compensation ($USD279.49K) is above average for companies of similar size in the Indian market ($USD50.34K).

Compensation vs Earnings: Sunil's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Sunil Agarwal
Chairman & MD0yrs₹20.00m31.36% 195.9m
Yash Agarwal
Joint MD & Executive Director8.5yrs₹2.68m11.32% 70.7m
Hardik Agarwal
Joint MD & Executive Director8.5yrs₹2.68m9.66% 60.3m
Vikram Gupta
Chief Financial Officer1.3yrs₹269.50kno data
Pratika Bothra
Compliance Officer & Company Secretary0yrs₹336.26kno data

1.0yrs

Average Tenure

30yo

Average Age

Experienced Management: 514316's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Sunil Agarwal
Chairman & MD0yrs₹20.00m31.36% 195.9m
Yash Agarwal
Joint MD & Executive Director8.5yrs₹2.68m11.32% 70.7m
Hardik Agarwal
Joint MD & Executive Director8.5yrs₹2.68m9.66% 60.3m
Samirbhai Sheth
Non-Executive Independent Director10.6yrsno datano data
Kamalbhai Patel
Non-Executive Independent Director10.5yrsno datano data
Pamitadevi Agarwal
Non-Executive Director4.9yrsno data22.47% 140.4m
Anupbhai Agarwal
Independent Director4yrsno datano data
Nishitbhai Joshi
Independent Director3.9yrsno datano data

8.5yrs

Average Tenure

53yo

Average Age

Experienced Board: 514316's board of directors are considered experienced (8.5 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

Raghuvir Synthetics Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Raghuvir Synthetics Limited
  • Ticker: 514316
  • Exchange: BSE
  • Founded: 1968
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹624.680m
  • Shares outstanding: 3.88m
  • Website: https://www.raghuvir.com

Number of Employees


Location

  • Raghuvir Synthetics Limited
  • Block No. 1035A
  • Near Ayodhya Shilaj Township
  • Ahmedabad
  • Gujarat
  • 380058
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
514316BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2009

Biography

Raghuvir Synthetics Limited operates as a textile manufacturing and processing company in India. The company offers a range of bed linen/beddings, including bed spreads, flat and fitted sheets, comforters, bed skirts, and cover lets, as well as mattress, duvet, quilt, and pillow covers; curtains comprising decorative jacquards, tab curtains, textured, tie backs in various confections, valances, rod pocket and eyelet curtains, folding and shower curtains, and other wind decorations; and bath, hand, wash cloth, beach towels, and other products. It also provides kitchen products, including runners, place mats, tea cozy products, aprons, kitchen bags, pot holders, oven gloves, and table covers with napkins; and upholstery products, such as cushion covers, chair pads, sofa sets, and iron board covers. The company also exports its products. Raghuvir Synthetics Limited was founded in 1968 and is based in Ahmedabad, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 12:32
End of Day Share Price2020/02/18 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.