Amarjothi Spinning Mills
Market Cap
₹552.5m
Last Updated
2020/01/27 12:38 UTC
Data Sources
Company Financials
Executive Summary
Amarjothi Spinning Mills Limited manufactures and sells yarns in India.
Rewards
Risk Analysis
+ 2 more risks
Snowflake Analysis
Undervalued with proven track record and pays a dividend.
Share Price & News
How has Amarjothi Spinning Mills's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 521097's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
4.3%
521097
1.4%
IN Luxury
-0.3%
IN Market
1 Year Return
-13.3%
521097
15.4%
IN Luxury
9.9%
IN Market
Return vs Industry: 521097 underperformed the Indian Luxury industry which returned 8.4% over the past year.
Return vs Market: 521097 underperformed the Indian Market which returned 6.7% over the past year.
Shareholder returns
| 521097 | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.3% | 1.4% | -0.3% |
| 30 Day | 30.7% | 6.3% | 2.6% |
| 90 Day | 27.0% | 2.6% | 5.9% |
| 1 Year | -10.7%-13.3% | 16.2%15.4% | 11.9%9.9% |
| 3 Year | -46.2%-49.2% | 57.9%55.9% | 30.2%23.3% |
| 5 Year | 7.1%-3.2% | 97.4%94.0% | 37.1%24.8% |
Price Volatility Vs. Market
How volatile is Amarjothi Spinning Mills's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Is It Time To Buy Amarjothi Spinning Mills Limited (BOM:521097) Based Off Its PE Ratio?Valuation
Is Amarjothi 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
Below Fair Value: 521097 (₹70.5) is trading below our estimate of fair value (₹662.34)
Significantly Below Fair Value: 521097 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 521097 is good value based on its PE Ratio (4.5x) compared to the Luxury industry average (11.2x).
PE vs Market: 521097 is good value based on its PE Ratio (4.5x) compared to the Indian market (13.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 521097's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 521097 is good value based on its PB Ratio (0.4x) compared to the IN Luxury industry average (0.6x).
Next Steps
Future Growth
How is Amarjothi Spinning Mills forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.3%
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 Amarjothi Spinning Mills 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
- Examine whether Amarjothi Spinning Mills 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.
- Amarjothi Spinning Mills competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Amarjothi Spinning Mills performed over the past 5 years?
3.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 521097 has a large one-off gain of ₹51.2M impacting its September 30 2019 financial results.
Growing Profit Margin: 521097's current net profit margins (5.6%) are higher than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: 521097's earnings have grown by 3% per year over the past 5 years.
Accelerating Growth: 521097's earnings growth over the past year (8.5%) exceeds its 5-year average (3% per year).
Earnings vs Industry: 521097 earnings growth over the past year (8.5%) exceeded the Luxury industry 1.2%.
Return on Equity
High ROE: 521097's Return on Equity (8.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Amarjothi Spinning Mills's financial position?
Financial Position Analysis
Short Term Liabilities: 521097's short term assets (₹878.7M) exceed its short term liabilities (₹248.4M).
Long Term Liabilities: 521097's short term assets (₹878.7M) exceed its long term liabilities (₹864.7M).
Debt to Equity History and Analysis
Debt Level: 521097's debt to equity ratio (58.1%) is considered high.
Reducing Debt: 521097's debt to equity ratio has reduced from 146.2% to 58.1% over the past 5 years.
Debt Coverage: 521097's debt is well covered by operating cash flow (136.6%).
Interest Coverage: 521097's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
Inventory Level: 521097 has a high level of physical assets or inventory.
Debt Coverage by Assets: 521097's debt is covered by short term assets (assets are 1.2x debt).
Next Steps
Dividend
What is Amarjothi Spinning Mills's current dividend yield, its reliability and sustainability?
2.55%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 521097's dividend (2.84%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).
High Dividend: 521097's dividend (2.84%) is in the top 25% of dividend payers in the Indian market (2.31%)
Stability and Growth of Payments
Stable Dividend: 521097's dividend payments have been volatile in the past 10 years.
Growing Dividend: 521097's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.9%), 521097's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Amarjothi Spinning Mills's salary, the management and board of directors tenure and is there insider trading?
4.5yrs
Average management tenure
CEO
Rajan Premchander (51yo)
0yrs
Tenure
₹7,812,743
Compensation
Sri. R. Premchander, B.Com., MBA has been Managing Director at Amarjothi Spinning Mills Ltd. since December 16, 1987 and also serves as its a Director. Sri. Premchander has over 20 years experience in mark ...
CEO Compensation Analysis
Compensation vs Market: Rajan's total compensation ($USD110.25K) is above average for companies of similar size in the Indian market ($USD50.75K).
Compensation vs Earnings: Rajan's compensation has increased by more than 20% in the past year.
Management Age and Tenure
4.5yrs
Average Tenure
51yo
Average Age
Experienced Management: 521097's management team is considered experienced (4.5 years average tenure).
Board Age and Tenure
11.4yrs
Average Tenure
53yo
Average Age
Experienced Board: 521097's board of directors are seasoned and experienced ( 11.4 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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.4%.
Management Team
Rajan Premchander (51yo)
MD & Executive Director
- Compensation: ₹7.81m
R. Jaichander (45yo)
Joint MD & Whole-Time Director
- Compensation: ₹7.81m
N. Radhakrishnan (71yo)
Executive Director
- Tenure: 14.4yrs
- Compensation: ₹4.50k
P. Singaravelu
Chief Financial Officer
- Tenure: 4.5yrs
- Compensation: ₹589.41k
K. Mohanapriya
Company Secretary & Compliance Officer
- Tenure: 2.7yrs
- Compensation: ₹247.01k
Board Members
V. Manikandan (53yo)
Independent Non-Executive Director
- Compensation: ₹4.50k
V. Subramaniam (79yo)
Independent Non-Executive Director
- Tenure: 28.3yrs
- Compensation: ₹4.50k
Rajan Premchander (51yo)
MD & Executive Director
- Compensation: ₹7.81m
R. Jaichander (45yo)
Joint MD & Whole-Time Director
- Compensation: ₹7.81m
N. Rajan (80yo)
Chairman
- Compensation: ₹1.57m
N. Radhakrishnan (71yo)
Executive Director
- Tenure: 14.4yrs
- Compensation: ₹4.50k
V. Subramanian (74yo)
Independent Non-Executive Director
- Tenure: 11.4yrs
- Compensation: ₹4.50k
Muthur Sivakumar (41yo)
Independent Non-Executive Director
- Compensation: ₹4.50k
M. Moorthi (44yo)
Non-Executive Director
- Tenure: 6yrs
- Compensation: ₹213.67k
Meiyappan Amutha
Independent Non-Executive Director
- Tenure: 4.8yrs
- Compensation: ₹4.50k
Company Information
Amarjothi Spinning Mills Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Amarjothi Spinning Mills Limited
- Ticker: 521097
- Exchange: BSE
- Founded: 1987
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹552.488m
- Shares outstanding: 6.75m
- Website: https://www.amarjothi.net
Number of Employees
Location
- Amarjothi Spinning Mills Limited
- Amarjothi House
- 157, Kumaran Road
- Tirupur
- Tamil Nadu
- 641601
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 521097 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jan 2002 |
Biography
Amarjothi Spinning Mills Limited manufactures and sells yarns in India. It offers blended melange yarns for hosiery, woven, and home textiles; and fabrics. The company was incorporated in 1987 and is based in Tirupur, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/27 12:38 |
| End of Day Share Price | 2020/01/27 00:00 |
| Earnings | 2019/09/30 |
| 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.