BSE:521068

Stock Analysis Report

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

521068IndustryMarket
7 Day-9.5%-0.02%1.6%
30 Day-10.0%5.5%1.5%
90 Dayn/a3.9%-3.3%
1 Year28.9%28.9%8.6%7.7%2.7%0.8%
3 Year147.1%147.1%49.5%47.8%22.0%16.0%
5 Year134.8%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

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 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
521068BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 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

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