BSE:521151

Stock Analysis Report

Executive Summary

Dhanlaxmi Fabrics Limited manufactures, processes, and markets fabrics and yarns for garment manufacturers/exporters in India.


Snowflake Analysis

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

How has Dhanlaxmi Fabrics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 521151 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.7%

521151

-4.4%

IN Luxury

-3.5%

IN Market


1 Year Return

0.7%

521151

12.8%

IN Luxury

5.2%

IN Market

Return vs Industry: 521151 underperformed the Indian Luxury industry which returned 13.7% over the past year.

Return vs Market: 521151 underperformed the Indian Market which returned 6.4% over the past year.


Shareholder returns

521151IndustryMarket
7 Day4.7%-4.4%-3.5%
30 Day-9.5%-1.4%-3.9%
90 Day3.4%6.0%-2.1%
1 Year0.7%0.7%13.5%12.8%7.2%5.2%
3 Year-38.4%-38.4%45.8%44.0%18.9%12.4%
5 Year-41.4%-41.4%97.3%93.7%29.4%17.7%

Price Volatility Vs. Market

How volatile is Dhanlaxmi Fabrics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Dhanlaxmi Fabrics undervalued compared to its fair value and its price relative to the market?

4.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 521151's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 521151's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 521151 is good value based on its PE Ratio (4.9x) compared to the Luxury industry average (10.7x).

PE vs Market: 521151 is good value based on its PE Ratio (4.9x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 521151's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 521151 is good value based on its PB Ratio (0.3x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Dhanlaxmi Fabrics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.7%

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 Dhanlaxmi Fabrics 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 Dhanlaxmi Fabrics performed over the past 5 years?

14.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 521151 has a large one-off loss of ₹34.8M impacting its December 31 2019 financial results.

Growing Profit Margin: 521151's current net profit margins (4.5%) are lower than last year (7%).


Past Earnings Growth Analysis

Earnings Trend: 521151's earnings have grown by 14.1% per year over the past 5 years.

Accelerating Growth: 521151's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 521151 had negative earnings growth (-32.7%) over the past year, making it difficult to compare to the Luxury industry average (6.4%).


Return on Equity

High ROE: 521151's Return on Equity (7.1%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Dhanlaxmi Fabrics's financial position?


Financial Position Analysis

Short Term Liabilities: 521151's short term assets (₹412.5M) exceed its short term liabilities (₹211.4M).

Long Term Liabilities: 521151's short term assets (₹412.5M) exceed its long term liabilities (₹46.3M).


Debt to Equity History and Analysis

Debt Level: 521151's debt to equity ratio (29.5%) is considered satisfactory.

Reducing Debt: 521151's debt to equity ratio has reduced from 58.1% to 29.5% over the past 5 years.

Debt Coverage: 521151's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 521151's interest payments on its debt are well covered by EBIT (7.9x coverage).


Balance Sheet

Inventory Level: 521151 has a high level of physical assets or inventory.

Debt Coverage by Assets: 521151's debt is covered by short term assets (assets are 2.5x debt).


Next Steps

Dividend

What is Dhanlaxmi Fabrics's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.7%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 521151's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 521151's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 521151's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 521151's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 521151 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 521151's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

2.0yrs

Average management tenure


CEO

Vinod Jhawar (55yo)

21.3yrs

Tenure

₹6,000,000

Compensation

Mr. Vinod Sohanlal Jhawar serves as Chairman of Dhanlaxmi Fabrics Limited since November 13, 2019. He has been Managing Director of Dhanlaxmi Fabrics Ltd. since November 1, 1998 and has been its Executive  ...


CEO Compensation Analysis

Compensation vs Market: Vinod's total compensation ($USD83.54K) is above average for companies of similar size in the Indian market ($USD49.94K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Vinod Jhawar
MD & Chairman21.3yrs₹6.00m17.83% 34.4m
Purushottam Randad
Chief Financial Officer0.5yrsno datano data
Lalit Jhawar
Chief Operating Officer0yrsno data0.014% 27.0k
Vishnu Thaker
Company Secretary & Compliance Officer0yrsno datano data
Mukul Jhawar
Chief Marketing Officer & Executive Director0.5yrsno data0.70% 1.3m

2.0yrs

Average Tenure

Experienced Management: 521151's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Vinod Jhawar
MD & Chairman21.3yrs₹6.00m17.83% 34.4m
Mukul Jhawar
Chief Marketing Officer & Executive Director0.5yrsno data0.70% 1.3m
Mahesh Jhawar
Director27.3yrs₹6.03m0.98% 1.9m
Durgesh Kumar Kabra
Non-Executive Independent Director0yrs₹15.00kno data
Ayushi Gilra
Independent Director0.5yrsno datano data
Athul Rungta
Additional Independent Director0yrsno datano data

0.5yrs

Average Tenure

55yo

Average Age

Experienced Board: 521151's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.


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

Dhanlaxmi Fabrics Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dhanlaxmi Fabrics Limited
  • Ticker: 521151
  • Exchange: BSE
  • Founded: 1992
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹193.075m
  • Shares outstanding: 8.58m
  • Website: https://www.dfl.net.in

Location

  • Dhanlaxmi Fabrics Limited
  • 401/402, Kailash Coporate Lounge
  • Park Site
  • Mumbai
  • Maharashtra
  • 400079
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
521151BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2004

Biography

Dhanlaxmi Fabrics Limited manufactures, processes, and markets fabrics and yarns for garment manufacturers/exporters in India. It operates through Textile and Energy segments. The company offers fabrics made from cotton, viscose, polyester, blended, lycra as pure white, reactive or vat dyed, pigment, reactive, prints, and disperse or dischange print; and pure white, reactive or vat dyed cotton, rayon, polyester, or blended yarns. It also manufactures and exports fabrics and garments. In addition, the company has installed wind turbines of 1.25 MW in Dhule, Maharashtra. Dhanlaxmi Fabrics Limited was incorporated in 1992 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 12:32
End of Day Share Price2020/02/25 00:00
Earnings2019/12/31
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.