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Soma Textiles & Industries

BSE:521034
Snowflake Description

Slightly overvalued with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
521034
BSE
₹162M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Soma Textiles & Industries Limited manufactures and sells cotton yarns, denim fabrics, shirting products, and garments in India. The last earnings update was 326 days ago. More info.


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  • Soma Textiles & Industries has significant price volatility in the past 3 months.
521034 Share Price and Events
7 Day Returns
4.5%
BSE:521034
0.9%
IN Luxury
0.8%
IN Market
1 Year Returns
-66.1%
BSE:521034
-3.2%
IN Luxury
-0.7%
IN Market
521034 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Soma Textiles & Industries (521034) 4.5% -5.6% 2.5% -66.1% -18.1% 32.4%
IN Luxury 0.9% 1.6% 8.6% -3.2% 48.8% 161.5%
IN Market 0.8% 2.1% 5.8% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • 521034 underperformed the Luxury industry which returned -3.2% over the past year.
  • 521034 underperformed the Market in India which returned -0.7% over the past year.
Price Volatility
521034
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Soma Textiles & Industries undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Soma Textiles & Industries to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Soma Textiles & Industries.

BSE:521034 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 24.8%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:521034
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.729 (1 + (1- 35%) (716.27%))
3.093
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (2 * 8.6%)
24.75%

Discounted Cash Flow Calculation for BSE:521034 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Soma Textiles & Industries is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:521034 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 24.75%)
2019 124.60 Est @ -0.69% 99.88
2020 126.82 Est @ 1.78% 81.49
2021 131.28 Est @ 3.51% 67.62
2022 137.48 Est @ 4.72% 56.76
2023 145.14 Est @ 5.57% 48.04
2024 154.09 Est @ 6.17% 40.88
2025 164.23 Est @ 6.58% 34.93
2026 175.51 Est @ 6.87% 29.92
2027 187.93 Est @ 7.08% 25.68
2028 201.49 Est @ 7.22% 22.07
Present value of next 10 years cash flows ₹507.28
BSE:521034 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹201.49 × (1 + 7.55%) ÷ (24.75% – 7.55%)
₹1,259.93
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹1,259.93 ÷ (1 + 24.75%)10
₹138.02
BSE:521034 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹507.28 + ₹138.02
₹645.30
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹645.30 / 33.03
₹19.54
BSE:521034 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹19.54
Current discount Discount to share price of ₹4.90
= -1 x (₹4.90 - ₹19.54) / ₹19.54
74.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Soma Textiles & Industries is available for.
Intrinsic value
>50%
Share price is ₹4.9 vs Future cash flow value of ₹19.54
Current Discount Checks
For Soma Textiles & Industries to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Soma Textiles & Industries's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Soma Textiles & Industries's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Soma Textiles & Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Soma Textiles & Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:521034 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹-2.50
BSE:521034 Share Price ** BSE (2019-04-16) in INR ₹4.9
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.25x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Soma Textiles & Industries.

BSE:521034 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:521034 Share Price ÷ EPS (both in INR)

= 4.9 ÷ -2.50

-1.96x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Soma Textiles & Industries is loss making, we can't compare its value to the IN Luxury industry average.
  • Soma Textiles & Industries is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Soma Textiles & Industries's expected growth come at a high price?
Raw Data
BSE:521034 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.96x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.55x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Soma Textiles & Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Soma Textiles & Industries's assets?
Raw Data
BSE:521034 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹-7.35
BSE:521034 Share Price * BSE (2019-04-16) in INR ₹4.9
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.74x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
BSE:521034 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:521034 Share Price ÷ Book Value per Share (both in INR)

= 4.9 ÷ -7.35

-0.67x

* Primary Listing of Soma Textiles & Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Soma Textiles & Industries has negative assets, we can't compare the value of its assets to the IN Luxury industry average.
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Value checks
We assess Soma Textiles & Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Soma Textiles & Industries has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Soma Textiles & Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Soma Textiles & 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.3%
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Soma Textiles & Industries expected to grow at an attractive rate?
  • Unable to compare Soma Textiles & Industries's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Soma Textiles & Industries's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Soma Textiles & Industries's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:521034 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:521034 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:521034 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 823 133 -83
2017-03-31 1,273 250 -83
2016-03-31 1,702 156 -142
2015-12-31 1,676 -127
2015-09-30 1,743 -137
2015-06-30 1,992 -236

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Soma Textiles & Industries is high growth as no earnings estimate data is available.
  • Unable to determine if Soma Textiles & Industries is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:521034 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Soma Textiles & Industries Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:521034 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 -2.50
2017-03-31 -2.52
2016-03-31 -4.30
2015-12-31 -3.83
2015-09-30 -4.13
2015-06-30 -7.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Soma Textiles & Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 521034’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.
  2. Soma Textiles & Industries's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. Soma Textiles & Industries's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Soma Textiles & Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Soma Textiles & Industries has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Soma Textiles & Industries performed over the past 5 years?

  • Soma Textiles & Industries's last earnings update was 326 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Soma Textiles & Industries's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Soma Textiles & Industries does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Soma Textiles & Industries's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Soma Textiles & Industries's 1-year growth to the IN Luxury industry average as it is not currently profitable.
Earnings and Revenue History
Soma Textiles & Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Soma Textiles & Industries Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:521034 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 822.64 -82.58 144.47
2017-03-31 1,273.19 -83.15 173.69
2016-03-31 1,702.37 -142.18 190.89
2015-12-31 1,676.18 -127.01 198.70
2015-09-30 1,742.58 -136.51 198.60
2015-06-30 1,992.08 -236.21 203.00
2015-03-31 2,255.38 -335.67 206.18
2014-12-31 2,532.66 -373.68 222.92
2014-09-30 2,684.46 -447.58 234.02
2014-06-30 2,714.46 -302.78 231.52
2014-03-31 2,729.26 -133.38 233.82
2013-12-31 2,888.83 -172.91 235.94
2013-09-30 3,076.83 -28.81 236.54
2013-06-30 3,154.03 -69.91 240.14
2013-03-31 3,227.13 -16.61 231.64
2012-12-31 3,130.79 -63.91 210.34
2012-09-30 2,801.49 -5.61 194.74
2012-06-30 2,737.99 32.59 183.84

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Soma Textiles & Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Soma Textiles & Industries used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • It is difficult to establish if Soma Textiles & Industries improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Soma Textiles & Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Soma Textiles & Industries has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Soma Textiles & Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Soma Textiles & Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Soma Textiles & Industries's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Soma Textiles & Industries's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Soma Textiles & Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Soma Textiles & Industries has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Soma Textiles & Industries Company Filings, last reported 1 year ago.

BSE:521034 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 -242.93 1,159.37 246.39
2017-03-31 -160.80 1,231.27 26.84
2016-03-31 125.09 1,623.30 112.89
2015-12-31 171.10 1,906.30 15.30
2015-09-30 171.10 1,906.30 15.30
2015-06-30 266.51 1,738.30 11.55
2015-03-31 267.28 1,738.30 11.55
2014-12-31 306.90 1,764.90 34.20
2014-09-30 306.90 1,764.90 34.20
2014-06-30 622.28 1,890.39 32.43
2014-03-31 622.28 1,890.39 32.43
2013-12-31 807.60 1,867.30 32.20
2013-09-30 807.60 1,867.30 32.20
2013-06-30 755.66 2,022.75 28.56
2013-03-31 755.66 2,022.75 28.56
2012-12-31 804.00 1,793.90 39.80
2012-09-30 804.00 1,793.90 39.80
2012-06-30 772.28 1,984.71 19.03
  • Soma Textiles & Industries has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Soma Textiles & Industries's debt level has increased considering it has negative shareholder equity.
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.

  • Whilst loss making Soma Textiles & Industries has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Soma Textiles & Industries has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.7% per year.
X
Financial health checks
We assess Soma Textiles & Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Soma Textiles & Industries has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Soma Textiles & Industries's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Soma Textiles & Industries dividends.
If you bought ₹2,000 of Soma Textiles & Industries shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Soma Textiles & Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Soma Textiles & Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:521034 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Soma Textiles & Industries has not reported any payouts.
  • Unable to verify if Soma Textiles & Industries's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Soma Textiles & Industries's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Soma Textiles & Industries has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Soma Textiles & Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Soma Textiles & Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Soma Textiles & Industries has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Soma Textiles & Industries's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Arvind Somany
COMPENSATION ₹5,906,880
AGE 62
CEO Bio

Mr. Arvind Kumar Somany has been the Managing Director of Soma Textiles & Industries since January 22, 1988 and also serves as its Chief Executive Officer. Mr. Somany has over 30 years experience with him in Textile Industry covering all areas of Management and Operations. He serves as an Executive Director of Soma Textiles & Industries and served as its Non Independent Executive Director. Mr. Somany is a Science Graduate.

CEO Compensation
  • Arvind's compensation has increased whilst company is loss making.
  • Arvind's remuneration is higher than average for companies of similar size in India.
Management Team

Arvind Somany

TITLE
MD, CEO & Executive Non-Independent Director
COMPENSATION
₹6M
AGE
62

Maghraj Parakh

TITLE
Chief Financial Officer
COMPENSATION
₹1M
TENURE
4.2 yrs

Abhishek Mishra

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹390K
TENURE
2.4 yrs

Shrikant Bhat

TITLE
Whole-time Director
COMPENSATION
₹4M
AGE
53
Board of Directors Tenure

Average tenure and age of the Soma Textiles & Industries board of directors in years:

7.2
Average Tenure
69
Average Age
  • The tenure for the Soma Textiles & Industries board of directors is about average.
Board of Directors

Surendra Somany

TITLE
Non-Executive Chairman
COMPENSATION
₹8K
AGE
87

Arvind Somany

TITLE
MD, CEO & Executive Non-Independent Director
COMPENSATION
₹6M
AGE
62

Shrikant Bhat

TITLE
Whole-time Director
COMPENSATION
₹4M
AGE
53
TENURE
11.3 yrs

Brij Hurkat

TITLE
Non-Executive & Independent Director
COMPENSATION
₹13K
AGE
76
TENURE
10.3 yrs

Nisha Singh

TITLE
Non-Executive Independent Director
COMPENSATION
₹5K
TENURE
4.2 yrs

Malay Shah

TITLE
Non-Executive Independent Director
COMPENSATION
₹10K
TENURE
4.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Soma Textiles & Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Soma Textiles & Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Soma Textiles & Industries Limited manufactures and sells cotton yarns, denim fabrics, shirting products, and garments in India. The company was incorporated in 1940 and is headquartered in Ahmedabad, India.

Details
Name: Soma Textiles & Industries Limited
521034
Exchange: BSE
Founded: 1940
₹161,861,700
33,033,000
Website: http://www.somatextiles.com
Address: Soma Textiles & Industries Limited
Rakhial Road,
Ahmedabad,
Gujarat, 380023,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 521034 Equity Shares Mumbai Stock Exchange IN INR 02. Jan 2002
NSEI SOMATEX Equity Shares National Stock Exchange of India IN INR 02. Jan 2002
Number of employees
Current staff
Staff numbers
217
Soma Textiles & Industries employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 12:37
End of day share price update: 2019/04/16 00:00
Last earnings filing: 2018/05/29
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.