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Amarjothi Spinning Mills

BSE:521097
Snowflake Description

Average dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
521097
BSE
₹624M
Market Cap
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Last updated 2019/03/20 12:36
Company description

Amarjothi Spinning Mills Limited manufactures and sells yarns in India. The last earnings update was 294 days ago. More info.

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521097 Share Price and Events
7 Day Returns
-1.6%
BSE:521097
0.2%
IN Luxury
0.3%
IN Market
1 Year Returns
-28%
BSE:521097
1.3%
IN Luxury
2.4%
IN Market
521097 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Amarjothi Spinning Mills (521097) -1.6% 12.2% -11.9% -28% 12% 33.6%
IN Luxury 0.2% 8% 6.3% 1.3% 54.7% 181.7%
IN Market 0.3% 8% 1.6% 2.4% 44% 81.3%
1 Year Return vs Industry and Market
  • 521097 underperformed the Luxury industry which returned 1.3% over the past year.
  • 521097 underperformed the Market in India which returned 2.4% over the past year.
Price Volatility
521097
Industry
5yr Volatility vs Market
Related Companies

521097 Value

 Is Amarjothi Spinning Mills undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Amarjothi Spinning Mills. This is due to cash flow or dividend data being unavailable. The share price is ₹90.7.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Amarjothi Spinning Mills's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Amarjothi Spinning Mills's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:521097 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹19.15
BSE:521097 Share Price ** BSE (2019-03-20) in INR ₹90.7
India Luxury Industry PE Ratio Median Figure of 239 Publicly-Listed Luxury Companies 12.41x
India Market PE Ratio Median Figure of 2,728 Publicly-Listed Companies 16.54x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Amarjothi Spinning Mills.

BSE:521097 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:521097 Share Price ÷ EPS (both in INR)

= 90.7 ÷ 19.15

 4.74x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Amarjothi Spinning Mills is good value based on earnings compared to the IN Luxury industry average.
  • Amarjothi Spinning Mills is good value based on earnings compared to the India market.
Price based on expected Growth
Does Amarjothi Spinning Mills's expected growth come at a high price?
Raw Data
BSE:521097 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.74x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts		 0.3%per year
India Luxury Industry PEG Ratio Median Figure of 26 Publicly-Listed Luxury Companies 1.49x
India Market PEG Ratio Median Figure of 596 Publicly-Listed Companies 1.28x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Amarjothi Spinning Mills, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Amarjothi Spinning Mills's assets?
Raw Data
BSE:521097 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹164.08
BSE:521097 Share Price * BSE (2019-03-20) in INR ₹90.7
India Luxury Industry PB Ratio Median Figure of 310 Publicly-Listed Luxury Companies 0.76x
India Market PB Ratio Median Figure of 3,614 Publicly-Listed Companies 1.11x
BSE:521097 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:521097 Share Price ÷ Book Value per Share (both in INR)

= 90.7 ÷ 164.08

 0.55x

* Primary Listing of Amarjothi Spinning Mills.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Amarjothi Spinning Mills is good value based on assets compared to the IN Luxury industry average.
Show me more potentially undervalued companies in the Luxury industry
X
Value checks
We assess Amarjothi Spinning Mills's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
    5. Amarjothi Spinning Mills has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

521097 Future Performance

 How is Amarjothi Spinning Mills expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Amarjothi Spinning Mills, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
0.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Amarjothi Spinning Mills expected to grow at an attractive rate?
  • Amarjothi Spinning Mills's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Amarjothi Spinning Mills's earnings growth is positive but not above the India market average.
  • Unable to compare Amarjothi Spinning Mills's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:521097 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:521097 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 0.3%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:521097 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:521097 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BSE:521097 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 1,897 166 129
2017-12-31 1,951 220
2017-09-30 2,000 175
2017-06-30 2,101 215
2017-03-31 2,168 271 152
2016-12-31 2,011 162
2016-09-30 2,012 179
2016-06-30 1,992 124
2016-03-31 1,941 220 96
2015-12-31 1,941 120
2015-09-30 1,926 122
2015-06-30 1,952 118

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Amarjothi Spinning Mills's earnings are expected to grow by 0.3% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Amarjothi Spinning Mills is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:521097 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Amarjothi Spinning Mills Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:521097 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BSE:521097 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 19.15
2017-12-31 32.57
2017-09-30 25.99
2017-06-30 31.92
2017-03-31 22.51
2016-12-31 23.97
2016-09-30 26.56
2016-06-30 18.33
2016-03-31 14.28
2015-12-31 17.71
2015-09-30 18.02
2015-06-30 17.49

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Amarjothi Spinning Mills will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Amarjothi Spinning Mills's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Amarjothi Spinning Mills has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

521097 Past Performance

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

  • Amarjothi Spinning Mills's last earnings update was 294 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Amarjothi Spinning Mills's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Amarjothi Spinning Mills's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Amarjothi Spinning Mills's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Amarjothi Spinning Mills's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.
Earnings and Revenue History
Amarjothi Spinning Mills's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Amarjothi Spinning Mills Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:521097 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 1,896.71 129.27 148.49
2017-12-31 1,951.05 219.81 137.00
2017-09-30 1,999.70 175.39 125.42
2017-06-30 2,100.64 215.47 7.83
2017-03-31 2,168.20 151.94 103.87
2016-12-31 2,010.99 161.77 99.39
2016-09-30 2,011.62 179.26 99.74
2016-06-30 1,991.55 123.74 100.65
2016-03-31 1,941.35 96.38 102.24
2015-12-31 1,941.14 119.57 170.51
2015-09-30 1,926.25 121.68 166.80
2015-06-30 1,951.72 118.05 103.86
2015-03-31 2,014.79 132.19 110.01
2014-12-31 2,059.86 91.13 161.69
2014-09-30 2,108.45 118.04 151.36
2014-06-30 2,074.76 186.27 101.96
2014-03-31 1,981.09 201.13 145.36
2013-12-31 1,923.20 203.33 136.77
2013-09-30 1,793.02 163.87 139.98
2013-06-30 1,684.53 87.80 134.64
2013-03-31 1,599.67 40.13 129.70
2012-12-31 1,515.70 29.60 118.45
2012-06-30 1,335.87 26.21 117.26
2012-03-31 1,324.18 33.01 116.13

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Amarjothi Spinning Mills has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Amarjothi Spinning Mills used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Amarjothi Spinning Mills's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Amarjothi Spinning Mills's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Amarjothi Spinning Mills has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

521097 Health

 How is Amarjothi Spinning Mills's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Amarjothi Spinning Mills's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Amarjothi Spinning Mills is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Amarjothi Spinning Mills's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Amarjothi Spinning Mills's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Amarjothi Spinning Mills Company Filings, last reported 11 months ago.

BSE:521097 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 1,148.13 1,643.89 51.03
2017-12-31 1,209.03 747.21 391.31
2017-09-30 1,209.03 747.21 391.31
2017-06-30
2017-03-31 1,058.17 779.52 4.70
2016-12-31
2016-09-30
2016-06-30
2016-03-31 906.87 769.03 12.83
2015-12-31 870.43 868.02 26.43
2015-09-30 870.43 868.02 26.43
2015-06-30 839.27 902.00 22.42
2015-03-31 838.42 949.43 11.77
2014-12-31 802.11 1,118.60 31.70
2014-09-30 768.25 1,123.96 30.15
2014-06-30 806.59 1,074.20 11.03
2014-03-31 681.07 1,140.30 11.88
2013-12-31 741.19 962.49 57.68
2013-09-30 673.29 1,078.62 49.02
2013-06-30 556.25 881.47 14.11
2013-03-31 480.99 914.18 11.54
2012-12-31 508.12 769.81 24.60
2012-06-30 455.04 797.15 6.77
2012-03-31 455.04 797.15 6.77
  • Amarjothi Spinning Mills's level of debt (143.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (189.7% vs 143.2% today).
  • Debt is not well covered by operating cash flow (10.1%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 3x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Amarjothi Spinning Mills's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Amarjothi Spinning Mills has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

521097 Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.21%
Current annual income from Amarjothi Spinning Mills dividends.
If you bought ₹2,000 of Amarjothi Spinning Mills shares you are expected to receive ₹44 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Amarjothi Spinning Mills's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Amarjothi Spinning Mills's dividend is above the markets top 25% of dividend payers in India (1.89%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:521097 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:521097 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
BSE:521097 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-09-05 2.000 2.060
2017-08-30 2.000 1.423
2016-10-03 2.000 1.218
2015-09-01 2.000 2.315
2015-05-29 2.000 2.157
2014-08-07 2.000 2.572
2014-06-03 2.000 2.389
2013-05-29 1.800 2.941
2012-08-17 1.500 3.062
2012-04-30 1.500 3.676
2011-11-11 2.000 4.333
2010-04-30 1.800 3.136
2009-05-04 1.500 4.411
2009-03-24 1.400 6.408

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Amarjothi Spinning Mills's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (9.6x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Show me more dividend paying companies in the Luxury industry
X
Income/ dividend checks
We assess Amarjothi Spinning Mills's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Amarjothi Spinning Mills afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Amarjothi Spinning Mills has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

521097 Management

 What is the CEO of Amarjothi Spinning Mills's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rajan Premchander
COMPENSATION ₹6,481,502
AGE 50
TENURE AS CEO 31.3 years
CEO Bio

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 marketing, finance and management.

CEO Compensation
  • Rajan's compensation has been consistent with company performance over the past year.
  • Rajan's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Amarjothi Spinning Mills management team in years:

14.6
Average Tenure
50
Average Age
  • The average tenure for the Amarjothi Spinning Mills management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Rajan Premchander

TITLE
MD & Executive Director
COMPENSATION
₹6M
AGE
50
TENURE
31.3 yrs

R. Jaichander

TITLE
Joint MD & Whole-Time Director
COMPENSATION
₹6M
AGE
44
TENURE
25.5 yrs

P. Singaravelu

TITLE
Chief Financial Officer
COMPENSATION
₹562K
TENURE
3.7 yrs

K. Mohanapriya

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹256K
TENURE
1.8 yrs

N. Radhakrishnan

TITLE
Executive Director
COMPENSATION
₹3K
AGE
70
Board of Directors Tenure

Average tenure and age of the Amarjothi Spinning Mills board of directors in years:

10.6
Average Tenure
61
Average Age
  • The average tenure for the Amarjothi Spinning Mills board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

N. Rajan

TITLE
Chairman
COMPENSATION
₹1M
AGE
79

Rajan Premchander

TITLE
MD & Executive Director
COMPENSATION
₹6M
AGE
50

R. Jaichander

TITLE
Joint MD & Whole-Time Director
COMPENSATION
₹6M
AGE
44

N. Radhakrishnan

TITLE
Executive Director
COMPENSATION
₹3K
AGE
70
TENURE
13.6 yrs

V. Subramaniam

TITLE
Independent Non-Executive Director
COMPENSATION
₹3K
AGE
73
TENURE
27.5 yrs

V. Subramanian

TITLE
Independent Non-Executive Director
COMPENSATION
₹3K
AGE
73
TENURE
10.6 yrs

M. Moorthi

TITLE
Non-Executive Director
COMPENSATION
₹200K
AGE
43
TENURE
5.2 yrs

M. Sivakumar

TITLE
Independent Non-Executive Director
COMPENSATION
₹3K

V. Manikandan

TITLE
Independent Non-Executive Director
COMPENSATION
₹3K
AGE
52

Meiyappan Amutha

TITLE
Independent Non-Executive Director
COMPENSATION
₹3K
TENURE
4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Amarjothi Spinning Mills's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Amarjothi Spinning Mills has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

521097 News

Simply Wall St News

Is It Time To Buy Amarjothi Spinning Mills Limited (BOM:521097) Based Off Its PE Ratio?

and want to better understand how you can grow your money by investing in Amarjothi Spinning Mills Limited (BOM:521097). … Amarjothi Spinning Mills Limited (BOM:521097) is currently trading at a trailing P/E of 5.3x, which is lower than the industry average of 16.9x. … View out our latest analysis for Amarjothi Spinning Mills

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521097 Company Info

Description

Amarjothi Spinning Mills Limited manufactures and sells yarns in India. It offers blended melange yarns, including cotton, viscose, polyester, modal, excel, PP galaxy, synthetic fiber, man-made fiber, organic exchange, bamboo, flax, nep, and slub yarns; non-blended melange yarns, such as cotton, viscose, modal, and polyester yarns; and melange shades for use in hosiery, woven, and home textiles. The company was incorporated in 1987 and is based in Tirupur, India.

Details
Name: Amarjothi Spinning Mills Limited
521097
Exchange: BSE
Founded: 1987
₹623,700,000
6,750,000
Website: http://www.amarjothi.net
Address: Amarjothi Spinning Mills Limited
Amarjothi House,
157, Kumaran Road,
Tirupur,
Tamil Nadu, 641601,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 521097 Equity Shares Mumbai Stock Exchange IN INR 03. Jan 2002
Number of employees
Current staff
Staff numbers
224
Amarjothi Spinning Mills employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 12:36
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2017/05/29
Last earnings filing: 2018/05/30
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.

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