Samtex Fashions
BSE:521206
521206
BSE
₹122M
Market Cap
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Company description
Samtex Fashions Limited manufactures and sells readymade garments in India. The last earnings update was 175 days ago. More info.
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521206 Share Price and Events
7 Day Returns
-3.5%
BSE:521206
-2.5%
IN Luxury
-2.1%
IN Market
1 Year Returns
-65.2%
BSE:521206
-8.9%
IN Luxury
-8.6%
IN Market
521206 Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Samtex Fashions (521206) | -3.5% | 13.8% | -2.9% | -65.2% | -86.6% | -52.3% |
| IN Luxury | -2.5% | -2% | -3.9% | -8.9% | 47.6% | 187.3% |
| IN Market | -2.1% | -4.5% | -3.5% | -8.6% | 40.3% | 78.7% |
1 Year Return vs Industry and Market
- 521206 underperformed the Luxury industry which returned -8.9% over the past year.
- 521206 underperformed the Market in India which returned -8.6% over the past year.
521206 Value
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
Here we compare the current
share
price of
Samtex Fashions
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data
Below are the data sources, inputs and calculation used to determine the intrinsic value for Samtex Fashions.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 22.5% |
| Perpetual Growth Rate | 10-Year IN Government Bond Rate | 7.6% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IN Govt Bond Rate | 7.6% |
| Equity Risk Premium | S&P Global | 7.5% |
| Luxury Unlevered Beta | Simply Wall St/ S&P Global | 0.57 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.574 (1 + (1- 35%) (4828.4%)) |
18.59 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
2 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (2 * 7.45%) |
22.45% |
Discounted Cash Flow Calculation for BSE:521206 using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Samtex Fashions is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Levered FCF (INR, Millions) | 1,626.26 | 1,438.45 | 1,272.33 | 1,125.39 | 995.43 |
| Source | Est @ -11.55% | Est @ -11.55% | Est @ -11.55% | Est @ -11.55% | Est @ -11.55% |
|
Present Value Discounted (@ 22.45%) |
1,328.10 | 959.35 | 692.98 | 500.58 | 361.59 |
| Present value of next 5 years cash flows | ₹3,842.61 |
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= ₹995.43 × (1 + 7.55%) ÷ (22.45% – 7.55%) |
₹7,185.11 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= ₹7,185.11 ÷ (1 + 22.45%)5 |
₹2,609.99 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= ₹3,842.61 + ₹2,609.99 |
₹6,452.60 |
| Equity Value per Share (INR) |
= Total value / Shares Outstanding
= ₹6,452.60 / 74.50 |
₹86.61 |
| Calculation | Result | |
|---|---|---|
| Value per share (INR) | From above. | ₹86.61 |
| Current discount | Discount to share price of
₹1.65
= -1 x (₹1.65 - ₹86.61) / ₹86.61 |
98.1% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Amount off the current price
Samtex Fashions
is available for.
>50%
Share price is
₹1.65
vs Future cash flow value of
₹86.61
Current Discount Checks
For
Samtex Fashions
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
- Samtex Fashions's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Samtex Fashions's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Samtex Fashions's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Samtex Fashions's earnings available for a low price, and how does
this compare to other companies in the same industry?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-03-31) in INR | ₹-7.75 |
| BSE:521206 Share Price ** | BSE (2019-02-19) in INR | ₹1.65 |
| India Luxury Industry PE Ratio | Median Figure of 237 Publicly-Listed Luxury Companies | 11.54x |
| India Market PE Ratio | Median Figure of 2,715 Publicly-Listed Companies | 15.16x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Samtex Fashions.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = BSE:521206 Share Price ÷ EPS (both in INR) = 1.65 ÷ -7.75 |
-0.21x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Samtex Fashions is loss making, we can't compare its value to the IN Luxury industry average.
- Samtex Fashions is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does
Samtex Fashions's expected growth come at a high price?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -0.21x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| India Luxury Industry PEG Ratio | Median Figure of 27 Publicly-Listed Luxury Companies | 1.09x |
| India Market PEG Ratio | Median Figure of 606 Publicly-Listed Companies | 1.1x |
*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 Samtex Fashions, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Samtex Fashions's
assets?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-03-31) in INR | ₹-25.67 |
| BSE:521206 Share Price * | BSE (2019-02-19) in INR | ₹1.65 |
| India Luxury Industry PB Ratio | Median Figure of 307 Publicly-Listed Luxury Companies | 0.69x |
| India Market PB Ratio | Median Figure of 3,587 Publicly-Listed Companies | 1.04x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = BSE:521206 Share Price ÷ Book Value per Share (both in INR) = 1.65 ÷ -25.67 |
-0.06x |
* Primary Listing of Samtex Fashions.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Samtex Fashions has negative assets, we can't compare the value of its assets to the IN Luxury industry average.
X
Value checks
We assess Samtex Fashions's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check) Samtex Fashions has a total score of 2/6, 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.
521206 Future Performance
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 Samtex Fashions 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
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!
18.3%
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
Samtex Fashions
expected to grow at an
attractive
rate?
- Unable to compare Samtex Fashions's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Samtex Fashions's earnings growth to the India market average as no estimate data is available.
- Unable to compare Samtex Fashions's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
| Data Point | Source | Value (per year) |
|---|---|---|
| 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 | 11.7% |
*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
All numbers in INR Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (10 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-03-31 | 1,183 | 31 | -577 |
| 2017-03-31 | 12,848 | 1,654 | -3,679 |
| 2016-03-31 | 17,236 | 1,092 | 82 |
| 2015-12-31 | 17,029 | 182 | |
| 2015-09-30 | 17,221 | 265 | |
| 2015-06-30 | 17,484 | 287 |
*GAAP earnings excluding extraordinary items.
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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (10 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Samtex Fashions Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | EPS * |
|---|---|
| 2018-03-31 | -7.75 |
| 2017-03-31 | -49.39 |
| 2016-03-31 | 1.11 |
| 2015-12-31 | |
| 2015-09-30 | |
| 2015-06-30 |
*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 Samtex Fashions will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Samtex Fashions 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.
Future performance checks
We assess Samtex Fashions's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Samtex Fashions 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.
521206 Past Performance
How has Samtex Fashions performed over the past 5 years?
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
Samtex Fashions'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.
- Samtex Fashions does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- Unable to compare Samtex Fashions's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Samtex Fashions's 1-year growth to the IN Luxury industry average as it is not currently profitable.
Earnings and Revenue History
Samtex Fashions'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 Samtex Fashions Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-03-31 | 1,182.58 | -577.17 | 79.42 | |
| 2017-03-31 | 12,848.42 | -3,679.37 | 237.43 | |
| 2016-03-31 | 17,235.67 | 82.44 | 333.44 | |
| 2015-12-31 | 17,028.85 | 181.91 | 991.76 | |
| 2015-09-30 | 17,221.16 | 264.54 | 996.29 | |
| 2015-06-30 | 17,483.90 | 287.04 | 993.93 | |
| 2015-03-31 | 18,704.43 | 306.81 | 310.72 | |
| 2014-12-31 | 19,572.76 | 239.11 | 973.04 | |
| 2014-09-30 | 19,580.34 | 230.40 | 969.52 | |
| 2014-06-30 | 20,408.56 | 251.31 | 202.90 | |
| 2014-03-31 | 19,420.48 | 259.79 | 955.64 | |
| 2013-12-31 | 17,092.91 | 288.94 | 688.77 | |
| 2013-06-30 | 13,585.11 | 221.34 | 182.03 | |
| 2013-03-31 | 12,246.76 | 193.53 | 626.96 | |
| 2012-12-31 | 11,027.63 | 164.92 | 501.90 | |
| 2012-06-30 | 9,262.14 | 129.37 | 499.32 | |
| 2012-03-31 | 8,396.10 | 125.31 | 484.97 |
*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.
- It is difficult to establish if Samtex Fashions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
- It is difficult to establish if Samtex Fashions has efficiently used its assets last year compared to the IN Luxury industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Samtex Fashions improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Samtex Fashions has a total score of 0/6, 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.
Past performance checks
We assess Samtex Fashions's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Samtex Fashions has a total score of 0/6, 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.
521206 Health
How is Samtex Fashions'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 Samtex Fashions's finances.
The net worth of a company is the difference between its assets and liabilities.
- Samtex Fashions's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Samtex Fashions's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of
Samtex Fashions'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.
- Samtex Fashions has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 Samtex Fashions Company Filings, last reported 10 months ago.
| Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-03-31 | -1,912.42 | 5,899.34 | 15.09 |
| 2017-03-31 | -1,335.16 | 5,935.55 | 456.51 |
| 2016-03-31 | 1,974.80 | 6,773.71 | 183.94 |
| 2015-12-31 | |||
| 2015-09-30 | |||
| 2015-06-30 | 1,907.14 | 7,125.29 | 116.41 |
| 2015-03-31 | 1,907.14 | 7,125.29 | 116.41 |
| 2014-12-31 | |||
| 2014-09-30 | |||
| 2014-06-30 | |||
| 2014-03-31 | 1,655.86 | 7,103.71 | 125.01 |
| 2013-12-31 | |||
| 2013-06-30 | |||
| 2013-03-31 | 1,396.24 | 5,278.18 | 72.18 |
| 2012-12-31 | |||
| 2012-06-30 | |||
| 2012-03-31 | 1,126.26 | 3,823.44 | 47.84 |
- Samtex Fashions has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
- Irrelevant to check if Samtex Fashions's debt level has increased considering it has negative shareholder equity.
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.
- Whilst loss making Samtex Fashions has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
- Whilst loss making Samtex Fashions has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.6% per year.
X
Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess Samtex Fashions's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Samtex Fashions has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
521206 Dividends
What is Samtex Fashions'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
0%
Current annual income from
Samtex Fashions
dividends.
If you bought
₹2,000 of
Samtex Fashions
shares you are expected to receive
₹0
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?
- Unable to evaluate Samtex Fashions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Samtex Fashions's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
| 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 109 Stocks | 0.7% |
| India Market Average Dividend Yield | Market Cap Weighted Average of 1397 Stocks | 1.4% |
| India Minimum Threshold Dividend Yield | 10th Percentile | 0.3% |
| India Bottom 25% Dividend Yield | 25th Percentile | 0.6% |
| India Top 25% Dividend Yield | 75th Percentile | 2.1% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Samtex Fashions has not reported any payouts.
- Unable to verify if Samtex Fashions's dividend has been increasing as the company has not reported any payouts.
X
Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess Samtex Fashions's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Samtex Fashions afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Samtex Fashions has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
521206 Management
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
Atul
Mittal
| COMPENSATION | ₹2,216,000 |
| AGE | 41 |
CEO Bio
Mr. Atul Mittal has been Managing Director at Samtex Fashions Limited since September 1, 2016 and has been its Chief Financial Officer of Samtex Fashions Limited since February 14, 2015. Mr. Mittal has managerial experience of about 10 years in Samtex Fashions Limited. He served as a Joint Managing Director of Samtex Fashions Limited from September 1, 2010 to August 31, 2016 and served as its Director of Works since August 2008. He serves as Chairman at Samtex Fashions Limited and has been its Whole Time Director since July 29, 2002. He serves as a Director at ARLIN Foods Limited and ARLIN Exim Limited. Mr. Mittal is a Commerce Graduate.
CEO Compensation
- Atul's compensation has been consistent with company performance over the past year.
- Atul's remuneration is higher than average for companies of similar size in India.
Management Team
Atul Mittal
TITLE
Chairman
COMPENSATION
₹2M
AGE
41
Kamini Gupta
TITLE
Company Secretary
AGE
53
Vijender Rai
TITLE
Manager of Accounts
AGE
32
Sharad Verma
TITLE
Senior Manager of Human Resources
AGE
48
Naveen Mittal
TITLE
Managing Director of SSA International Ltd and Director of SSA International Ltd
Board of Directors Tenure
Average tenure and age of the Samtex Fashions board of directors in years:
10.1
Average Tenure
64
Average Age
- The average tenure for the Samtex Fashions board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Atul Mittal
TITLE
Chairman
COMPENSATION
₹2M
AGE
41
Naveen Mittal
TITLE
Managing Director of SSA International Ltd and Director of SSA International Ltd
Surendra Gupta
TITLE
Independent Non Executive Director
AGE
69
TENURE
16.6 yrs
Raman Ohri
TITLE
Independent Non Executive Director
AGE
64
TENURE
10.1 yrs
Arti srivastava
TITLE
Additional Non Executive Independent women Director
TENURE
0.3 yrs
Rajnish Goenka
TITLE
Director of Ssa International Ltd
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (₹) | Value (₹) | |
|---|---|---|---|---|---|---|---|---|---|---|
X
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.
Management checks
We assess Samtex Fashions's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Samtex Fashions 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.
521206 Company Info
Map
Description
Samtex Fashions Limited manufactures and sells readymade garments in India. Its products include jackets, ladies and men trousers, and shorts and skirts. The company also exports its products to stores in the United States and Europe. Samtex Fashions Limited was founded in 1993 and is based in New Delhi, India.
Details
| Name: | Samtex Fashions Limited |
| 521206 | |
| Exchange: | BSE |
| Founded: | 1993 |
| ₹122,180,000 | |
| 74,500,000 | |
| Website: | http://www.samtexfashions.com |
| Address: |
Samtex Fashions Limited DLF Prime Tower, F-Block, New Delhi, Delhi, 110020, India |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| BSE | 521206 | Equity Shares | Mumbai Stock Exchange | IN | INR | 11. Jun 2002 |
Number of employees
Current staff
0
Samtex Fashions
employees.
Industry
| Apparel, Accessories and Luxury Goods | |
| Consumer Durables |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/02/19 12:46 |
| End of day share price update: | 2019/02/19 00:00 |
| Last earnings filing: | 2018/08/28 |
| 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.
