BSE:521097

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Amarjothi Spinning Mills

Executive Summary

Amarjothi Spinning Mills Limited manufactures and sells yarns in India. More Details


Snowflake Analysis

Average dividend payer and fair value.

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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.0%

521097

2.3%

IN Luxury

1.4%

IN Market


1 Year Return

-12.6%

521097

-7.4%

IN Luxury

2.8%

IN Market

Return vs Industry: 521097 underperformed the Indian Luxury industry which returned -7.4% over the past year.

Return vs Market: 521097 underperformed the Indian Market which returned 2.8% over the past year.


Shareholder returns

521097IndustryMarket
7 Day2.0%2.3%1.4%
30 Day3.4%11.1%8.0%
90 Day4.0%15.8%7.8%
1 Year-9.3%-12.6%-6.9%-7.4%4.5%2.8%
3 Year-74.5%-76.6%9.4%7.1%-0.5%-5.3%
5 Year-28.0%-35.7%47.4%39.9%41.5%31.0%

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

Valuation

Is Amarjothi Spinning Mills undervalued compared to its fair value and its price relative to the market?

5.01x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 521097 (₹52.5) is trading above our estimate of fair value (₹21.26)

Significantly Below Fair Value: 521097 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 521097 is good value based on its PE Ratio (5x) compared to the IN Luxury industry average (14x).

PE vs Market: 521097 is good value based on its PE Ratio (5x) compared to the Indian market (16.5x).


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 (0.2x) compared to the IN Luxury industry average (0.5x).


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?

43.8%

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

Past Performance

How has Amarjothi Spinning Mills performed over the past 5 years?

-5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 521097 has high quality earnings.

Growing Profit Margin: 521097's current net profit margins (5.1%) are lower than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: 521097's earnings have declined by 5.6% per year over the past 5 years.

Accelerating Growth: 521097's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 521097 had negative earnings growth (-42%) over the past year, making it difficult to compare to the Luxury industry average (-26.7%).


Return on Equity

High ROE: 521097's Return on Equity (4.5%) is considered low.


Next Steps

Financial Health

How is Amarjothi Spinning Mills's financial position?


Financial Position Analysis

Short Term Liabilities: 521097's short term assets (₹1.2B) exceed its short term liabilities (₹338.4M).

Long Term Liabilities: 521097's short term assets (₹1.2B) do not cover its long term liabilities (₹1.3B).


Debt to Equity History and Analysis

Debt Level: 521097's debt to equity ratio (82.6%) is considered high.

Reducing Debt: 521097's debt to equity ratio has reduced from 107.3% to 82.6% over the past 5 years.

Debt Coverage: 521097's debt is not well covered by operating cash flow (15%).

Interest Coverage: 521097's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Amarjothi Spinning Mills's current dividend yield, its reliability and sustainability?

3.81%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 521097's dividend (3.81%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).

High Dividend: 521097's dividend (3.81%) is in the top 25% of dividend payers in the Indian market (2.28%)


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 (19.1%), 521097's dividend payments are well 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

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

Rajan Premchander (52 yo)

no data

Tenure

₹7,049,745

Compensation

Sri. Rajan 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 many years experience in mark ...


CEO Compensation Analysis

Compensation vs Market: Rajan's total compensation ($USD95.50K) is above average for companies of similar size in the Indian market ($USD54.90K).

Compensation vs Earnings: Rajan's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Rajan Premchander
MD & Executive Directorno data₹7.05m27.53%
₹ 97.5m
R. Jaichander
Joint MD & Whole-Time Directorno data₹7.05m27.52%
₹ 97.5m
P. Singaravelu
Chief Financial Officer5.25yrs₹603.95kno data
N. Radhakrishnan
Executive Director15.17yrs₹3.00kno data
Priya Mohana
Company Secretary & Compliance Officer0.42yrno datano data

5.3yrs

Average Tenure

52yo

Average Age

Experienced Management: 521097's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rajan Premchander
MD & Executive Directorno data₹7.05m27.53%
₹ 97.5m
R. Jaichander
Joint MD & Whole-Time Directorno data₹7.05m27.52%
₹ 97.5m
N. Radhakrishnan
Executive Director15.17yrs₹3.00kno data
V. Subramaniam
Independent Non-Executive Director29.08yrs₹3.00kno data
V. Subramanian
Independent Non-Executive Director12.17yrs₹3.00kno data
Muthur Sivakumar
Independent Non-Executive Directorno data₹3.00kno data
M. Moorthi
Non-Executive Director6.75yrs₹3.00kno data
Meiyappan Amutha
Independent Non-Executive Director5.58yrs₹3.00kno data

12.2yrs

Average Tenure

49yo

Average Age

Experienced Board: 521097's board of directors are seasoned and experienced ( 12.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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 not been meaningfully diluted in the past year.


Top Shareholders

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: ₹354.375m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
521097BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 12:46
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.