Patspin India Limited manufactures and sells combed cotton yarns in India.
Fair value with imperfect balance sheet.
Share Price & News
How has Patspin India's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 514326's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 514326 underperformed the Indian Luxury industry which returned 16.6% over the past year.
Return vs Market: 514326 underperformed the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Patspin India's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Patspin India 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: 514326 (₹5.24) is trading below our estimate of fair value (₹105.33)
Significantly Below Fair Value: 514326 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 514326 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 514326 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 514326's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 514326 is good value based on its PB Ratio (0.3x) compared to the IN Luxury industry average (0.5x).
How is Patspin India 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 Patspin India 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 whether Patspin India is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Patspin India 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 Patspin India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 514326 is currently unprofitable.
Growing Profit Margin: 514326 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 514326 is unprofitable, and losses have increased over the past 5 years at a rate of -26.6% per year.
Accelerating Growth: Unable to compare 514326's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 514326 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (2.7%).
Return on Equity
High ROE: 514326 has a negative Return on Equity (-58.63%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Patspin India's financial position?
Financial Position Analysis
Short Term Liabilities: 514326's short term assets (₹1.3B) do not cover its short term liabilities (₹2.3B).
Long Term Liabilities: 514326's short term assets (₹1.3B) exceed its long term liabilities (₹606.1M).
Debt to Equity History and Analysis
Debt Level: 514326's debt to equity ratio (395%) is considered high.
Reducing Debt: 514326's debt to equity ratio has reduced from 803.9% to 395% over the past 5 years.
Inventory Level: 514326 has a high level of physical assets or inventory.
Debt Coverage by Assets: 514326's debt is not covered by short term assets (assets are 0.8x debt).
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 514326 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 514326 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Patspin India's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 514326's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 514326'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 514326's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 514326'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 514326'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 management tenure
Umang Patodia (50yo)
Mr. Umang Patodia has been the Managing Director of Patspin India Ltd., since April 1, 2007. Mr. Patodia has 16 years of experience. He serves as an Executive Director of Patspin India Ltd. He served as an ...
CEO Compensation Analysis
Compensation vs Market: Umang's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD50.14K).
Compensation vs Earnings: Umang's compensation has increased whilst the company is unprofitable.
|MD & Executive Director||12.8yrs||no data||0.037% ₹50.0k|
|CFO & GM of Finance||3.8yrs||₹1.78m||0.00032% ₹430.4|
|Company Secretary & Compliance Officer||4.9yrs||₹479.46k||0.000030% ₹40.4|
Experienced Management: 514326's management team is considered experienced (4.9 years average tenure).
|MD & Executive Director||12.8yrs||no data||0.037% ₹50.0k|
|Non-Executive Chairman||0yrs||₹30.00k||0.22% ₹299.5k|
|Independent Director||19.7yrs||₹85.00k||no data|
|Independent Director||7.8yrs||₹62.50k||no data|
|Nominee Director||3.3yrs||₹7.50k||no data|
|Independent Director||5.4yrs||₹67.50k||no data|
|Woman Director||0.3yrs||no data||no data|
Experienced Board: 514326's board of directors are considered experienced (5.4 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 not been meaningfully diluted in the past year.
Patspin India Limited's company bio, employee growth, exchange listings and data sources
- Name: Patspin India Limited
- Ticker: 514326
- Exchange: BSE
- Founded: 1991
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹134.502m
- Shares outstanding: 30.92m
- Website: https://www.patspin.com
Number of Employees
- Patspin India Limited
- 43, Mittal Chambers
- 4th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|514326||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 1995|
|PATSPINLTD||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||May 1995|
Patspin India Limited manufactures and sells combed cotton yarns in India. It offers yarns of various counts from NE 20’s to NE 100’s. The company also exports its products. Patspin India Limited was incorporated in 1991 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 12:38|
|End of Day Share Price||2020/02/07 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.