BSE:521178

Stock Analysis Report

Sri Ramakrishna Mills (Coimbatore)

Executive Summary

Sri Ramakrishna Mills (Coimbatore) Limited engages in the real estate development business in India.


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

How has Sri Ramakrishna Mills (Coimbatore)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 521178 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

10.1%

521178

-2.2%

IN Luxury

-1.2%

IN Market


1 Year Return

-25.7%

521178

13.7%

IN Luxury

6.4%

IN Market

Return vs Industry: 521178 underperformed the Indian Luxury industry which returned 13.7% over the past year.

Return vs Market: 521178 underperformed the Indian Market which returned 6.4% over the past year.


Shareholder returns

521178IndustryMarket
7 Day10.1%-2.2%-1.2%
30 Day15.3%-0.6%-3.6%
90 Day-10.3%7.6%-0.5%
1 Year-25.7%-25.7%14.4%13.7%8.4%6.4%
3 Year-48.6%-48.6%49.0%47.2%20.9%14.3%
5 Year-36.5%-36.5%101.2%94.5%29.8%18.0%

Price Volatility Vs. Market

How volatile is Sri Ramakrishna Mills (Coimbatore)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sri Ramakrishna Mills (Coimbatore) undervalued compared to its fair value and its price relative to the market?

0.67x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 521178's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 521178's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 521178 is good value based on its PE Ratio (0.7x) compared to the Luxury industry average (10.7x).

PE vs Market: 521178 is good value based on its PE Ratio (0.7x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 521178's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 521178 is overvalued based on its PB Ratio (0.9x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Sri Ramakrishna Mills (Coimbatore) 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 Sri Ramakrishna Mills (Coimbatore) 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 Sri Ramakrishna Mills (Coimbatore) performed over the past 5 years?

52.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 521178 has a high level of non-cash earnings.

Growing Profit Margin: 521178 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 521178 has become profitable over the past 5 years, growing earnings by 52.6% per year.

Accelerating Growth: 521178 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 521178 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).


Return on Equity

High ROE: Whilst 521178's Return on Equity (134.59%) is outstanding, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Sri Ramakrishna Mills (Coimbatore)'s financial position?


Financial Position Analysis

Short Term Liabilities: 521178's short term assets (₹519.4M) exceed its short term liabilities (₹434.6M).

Long Term Liabilities: 521178's short term assets (₹519.4M) exceed its long term liabilities (₹183.2M).


Debt to Equity History and Analysis

Debt Level: 521178's debt to equity ratio (404.9%) is considered high.

Reducing Debt: 521178's debt to equity ratio has increased from 169.6% to 404.9% over the past 5 years.


Balance Sheet

Inventory Level: 521178 has a high level of physical assets or inventory.

Debt Coverage by Assets: 521178's debt is covered by short term assets (assets are 1.6x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 521178 is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if 521178 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Sri Ramakrishna Mills (Coimbatore)'s current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.6%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 521178's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 521178'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 521178's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 521178'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 521178'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?

0.9yrs

Average board tenure


CEO

D. Lakshminarayanaswamy (69yo)

₹4,205,000

Compensation

Mr. D. Lakshminarayanaswamy has been Managing Director at Sri Ramakrishna Mills (Coimbatore) Limited since April 1, 1981 and has been its Executive Director since August 14, 2014. He has been Chief Executi ...


CEO Compensation Analysis

Compensation vs Market: D.'s total compensation ($USD58.55K) is about average for companies of similar size in the Indian market ($USD49.94K).

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


Board Members

NamePositionTenureCompensationOwnership
D. Lakshminarayanaswamy
MD, CEO & Executive Director0yrs₹4.21m20.72% 14.1m
L. Nagaswarna
Whole-Time Director5.5yrs₹2.53m13.37% 9.1m
Ravichandran Dhamodaran
Additional Independent Director0.9yrs₹2.00kno data
R. Chandrasekar
Additional Independent Director0.8yrs₹2.00k0.022% 15.3k
A. Surendran
Independent Director0.5yrsno datano data

0.9yrs

Average Tenure

61yo

Average Age

Experienced Board: 521178's board of directors are not considered experienced ( 0.9 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

Sri Ramakrishna Mills (Coimbatore) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sri Ramakrishna Mills (Coimbatore) Limited
  • Ticker: 521178
  • Exchange: BSE
  • Founded: 1946
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹68.051m
  • Shares outstanding: 7.12m
  • Website: https://www.ramakrishnamills.com

Number of Employees


Location

  • Sri Ramakrishna Mills (Coimbatore) Limited
  • 1493, Sathyamangalam Road
  • Ganapathy Post
  • Coimbatore
  • Tamil Nadu
  • 641006
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
521178BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2002

Biography

Sri Ramakrishna Mills (Coimbatore) Limited engages in the real estate development business in India. It operates through Textile and Real Estate segments. The company also manufactures and sells pure cotton and blended yarns. Its products include knitted and weaved, carded and combed, auto leveled and auto coned, and ring doubled/TFO multi fold yarns. The company exports its products. Sri Ramakrishna Mills (Coimbatore) Limited was incorporated in 1946 and is based in Coimbatore, 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 12:38
End of Day Share Price2020/02/26 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.