BSE:521036

Stock Analysis Report

Source Industries (India)

Executive Summary

Source Industries (India) Limited is involved in the infrastructure and construction business in India.

Snowflake

Fundamentals

Excellent balance sheet and overvalued.

Share Price & News

How has Source Industries (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

521036

-0.02%

IN Luxury

1.6%

IN Market


1 Year Return

n/a

521036

7.7%

IN Luxury

0.8%

IN Market

Return vs Industry: Insufficient data to determine how 521036 performed against the Indian Luxury industry.

Return vs Market: Insufficient data to determine how 521036 performed against the Indian Market.


Shareholder returns

521036IndustryMarket
7 Day0%-0.02%1.6%
30 Day-7.1%5.5%1.5%
90 Day-18.8%3.9%-3.3%
1 Yearn/a8.6%7.7%2.7%0.8%
3 Year-65.1%-65.1%49.5%47.8%22.0%16.0%
5 Year-95.6%-95.6%108.9%105.0%42.3%29.3%

Price Volatility Vs. Market

How volatile is Source Industries (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Source Industries (India) undervalued compared to its fair value and its price relative to the market?

0.11x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate 521036's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 521036's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 521036 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: 521036 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 521036's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 521036 is good value based on its PB Ratio (0.1x) compared to the IN Luxury industry average (0.6x).


Next Steps

Future Growth

How is Source Industries (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.7%

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 Source Industries (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.


Next Steps

Past Performance

How has Source Industries (India) performed over the past 5 years?

-13.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 521036 is unprofitable, and losses have increased over the past 5 years at a rate of -13.8% per year.

Accelerating Growth: Unable to compare 521036's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 521036 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (7.8%).


Return on Equity

High ROE: 521036 has a negative Return on Equity (-2.1%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 521036 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 521036 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Source Industries (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: 521036's short term assets (₹52.1M) exceeds its short term liabilities (₹2.5M)

Long Term Liabilities: 521036's short term assets (52.1M) exceeds its long term liabilities (5.3K)


Debt to Equity History and Analysis

Debt Level: 521036's debt to equity ratio (4%) is considered satisfactory

Reducing Debt: 521036's debt to equity ratio has increased from 2.4% to 4% over the past 5 years.


Balance Sheet

Inventory Level: 521036 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 521036's debt is covered by short term assets (assets are 26.042350x 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: 521036 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 521036 has sufficient cash runway for 1.310920 years if free cash flow continues to reduce at historical rates of -149.6% each year.


Next Steps

Dividend

What is Source Industries (India)'s current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 521036's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 521036's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 521036's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 521036'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 521036's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of Source Industries (India)'s salary, the management and board of directors tenure and is there insider trading?

10.5yrs

Average board tenure


CEO

Navath Sudhakar (43yo)

1.9yrs

Tenure

0

Mr. Navath Sudhakar has been Managing Director and Director at Source Industries (India) Limited since November 14, 2017 and serves as its Chairman. 


Board Age and Tenure

10.5yrs

Average Tenure

48.5yo

Average Age

Experienced Board: 521036's board of directors are seasoned and experienced ( 10.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Venubabu Munduri

    Chief Financial Officer

    • Tenure: 0yrs
  • Sangita Bastawadi

    Company Secretary & Compliance Officer

    • Tenure: 0yrs
  • Navath Sudhakar (43yo)

    Chairman & MD

    • Tenure: 1.9yrs

Board Members

  • Yerappagadda Rao (54yo)

    Independent Director

    • Tenure: 10.5yrs
    • Compensation: ₹85.00k
  • Jaya Yerramsetti (54yo)

    Non Independent Director

    • Tenure: 35.3yrs
  • Lakshmi Satyasri (39yo)

    Non Executive Independent Director

    • Tenure: 4.3yrs
  • Navath Sudhakar (43yo)

    Chairman & MD

    • Tenure: 1.9yrs

Company Information

Source Industries (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Source Industries (India) Limited
  • Ticker: 521036
  • Exchange: BSE
  • Founded: 1984
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹5.930m
  • Shares outstanding: 11.40m
  • Website: https://www.sourceindustriesindia.com

Number of Employees


Location

  • Source Industries (India) Limited
  • H.No.6-3-668/10/20
  • First Floor
  • Hyderabad
  • Andhra Pradesh
  • 500082
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
521036BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2011

Biography

Source Industries (India) Limited is involved in the infrastructure and construction business in India. It also engages in the manufacture of textile. The company was formerly known as Tirumala Seung Han T ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:48
End of Day Share Price2019/10/04 00:00
Earnings2019/06/30
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.