Hisar Spinning Mills
Market Cap
₹54.9m
Last Updated
2019/10/14 12:30 UTC
Data Sources
Company Financials
Executive Summary
Hisar Spinning Mills Limited manufactures and sells cotton yarn in India.
Snowflake
Fundamentals
Flawless balance sheet with outstanding track record.
Share Price & News
How has Hisar Spinning Mills's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-9.5%
521068
-0.02%
IN Luxury
1.6%
IN Market
1 Year Return
28.9%
521068
7.7%
IN Luxury
0.8%
IN Market
Return vs Industry: 521068 exceeded the Indian Luxury industry which returned 7.7% over the past year.
Return vs Market: 521068 exceeded the Indian Market which returned 0.8% over the past year.
Shareholder returns
| 521068 | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.5% | -0.02% | 1.6% |
| 30 Day | -10.0% | 5.5% | 1.5% |
| 90 Day | n/a | 3.9% | -3.3% |
| 1 Year | 28.9%28.9% | 8.6%7.7% | 2.7%0.8% |
| 3 Year | 147.1%147.1% | 49.5%47.8% | 22.0%16.0% |
| 5 Year | 134.8%134.8% | 108.9%105.0% | 42.3%29.3% |
Price Volatility Vs. Market
How volatile is Hisar Spinning Mills's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Hisar Spinning Mills undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: 521068 (₹14.7) is trading below our estimate of fair value (₹41.47)
Significantly Undervalued: 521068 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 521068 is good value based on its PE Ratio (2.8x) compared to the Luxury industry average (10.1x).
PE vs Market: 521068 is good value based on its PE Ratio (2.8x) compared to the Indian market (13.1x).
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate 521068's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 521068 is overvalued based on its PB Ratio (0.6x) compared to the IN Luxury industry average (0.6x).
Next Steps
Future Growth
How is Hisar Spinning Mills forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-9.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 521068's earnings are forecast to decline over the next 3 years (-9% per year).
Earnings vs Market: 521068's earnings are forecast to decline over the next 3 years (-9% per year).
High Growth Earnings: 521068's earnings are forecast to decline over the next 3 years.
Revenue vs Market: Insufficient data to determine if 521068's revenue is forecast to grow faster than the Indian market.
High Growth Revenue: Insufficient data to determine if 521068's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if 521068's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Hisar Spinning Mills performed over the past 5 years?
20.5%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 521068's earnings have grown significantly by 20.5% per year over the past 5 years.
Accelerating Growth: 521068's earnings growth over the past year (37.6%) exceeds its 5-year average (20.5% per year).
Earnings vs Industry: 521068 earnings growth over the past year (37.6%) exceeded the Luxury industry 7.8%.
Return on Equity
High ROE: 521068's Return on Equity (21.1%) is considered high.
Return on Assets
ROA vs Industry: 521068 has a higher Return on Assets than the Luxury industry average last year.
Return on Capital Employed
ROCE Improving: 521068 has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Hisar Spinning Mills's financial position?
Financial Position Analysis
Short Term Liabilities: 521068's short term assets (₹115.8M) exceeds its short term liabilities (₹41.0M)
Long Term Liabilities: 521068's short term assets (115.8M) exceeds its long term liabilities (40.8M)
Debt to Equity History and Analysis
Debt Level: 521068's debt to equity ratio (39.9%) is considered satisfactory
Reducing Debt: 521068's debt to equity ratio has reduced from 61.4% to 39.9% over the past 5 years.
Debt Coverage: 521068's debt is well covered by operating cash flow (48.1%).
Interest Coverage: 521068's interest payments on its debt are well covered by EBIT (8.7x coverage).
Balance Sheet
Inventory Level: 521068 has a high level of physical assets or inventory.
Debt Coverage by Assets: 521068's debt is covered by short term assets (assets are 3.091160x debt).
Next Steps
Dividend
What is Hisar Spinning Mills's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate 521068's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 521068'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 521068's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 521068'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 521068'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 Hisar Spinning Mills's salary, the management and board of directors tenure and is there insider trading?
2.8yrs
Average management tenure
CEO
Naveen Kansal 0
2.8yrs
Tenure
₹1,500,000
Compensation
Mr. Naveen Kansal has been the Chief Executive Officer at Hisar Spinning Mills Limited since December 29, 2016. Mr. Kansal has over 21 years experience of manufacture of yarn & financing activities. He has ...
CEO Compensation Analysis
Compensation vs. Market: Naveen's total compensation ($USD21.15K) is too low to compare against companies of similar size in the Indian market ($USD25.38K).
Compensation vs Earnings: Naveen's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.8yrs
Average Tenure
Experienced Management: 521068's management team is considered experienced (2.8 years average tenure).
Board Age and Tenure
2.8yrs
Average Tenure
49yo
Average Age
Experienced Board: 521068's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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
Anurag Gupta (49yo)
MD & Executive Director
- Tenure: 12.7yrs
- Compensation: ₹1.50m
Sharad Goel
Chief Financial Officer
- Tenure: 4.4yrs
- Compensation: ₹1.20m
Sapna Kansal (46yo)
Whole Time Director
- Tenure: 5.3yrs
- Compensation: ₹1.50m
Naveen Kansal
Chief Executive Officer
- Tenure: 2.8yrs
- Compensation: ₹1.50m
Nikita Singla
Company Secretary & Compliance Officer
- Tenure: 0.7yrs
- Compensation: ₹198.00k
Board Members
Anurag Gupta (49yo)
MD & Executive Director
- Tenure: 12.7yrs
- Compensation: ₹1.50m
Sapna Kansal (46yo)
Whole Time Director
- Tenure: 5.3yrs
- Compensation: ₹1.50m
Nikhil Goel (38yo)
Additional Non-Independent & Non-Executive Director
- Tenure: 2.8yrs
Mithlesh Gupta (69yo)
Additional Independent & Non-Executive Director
- Tenure: 2.8yrs
- Compensation: ₹63.00k
Sudesh Garg (68yo)
Additional Independent & Non-Executive Director
- Tenure: 2.8yrs
- Compensation: ₹63.00k
Sandeep Suri (49yo)
Independent Non-Executive Director
- Tenure: 2.8yrs
- Compensation: ₹52.00k
Company Information
Hisar Spinning Mills Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hisar Spinning Mills Limited
- Ticker: 521068
- Exchange: BSE
- Founded: 1992
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹54.905m
- Shares outstanding: 3.74m
- Website: https://www.hisarspinningmills.com
Number of Employees
Location
- Hisar Spinning Mills Limited
- 9th KM Stone
- Hisar Bhiwani Road
- Hisar
- Haryana
- 125005
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 521068 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Apr 2005 |
Biography
Hisar Spinning Mills Limited manufactures and sells cotton yarn in India. The company was incorporated in 1992 and is based in Hisar, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 12:30 |
| End of Day Share Price | 2019/10/10 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
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.