BSE:522237

Stock Analysis Report

Executive Summary

Shivagrico Implements Limited engages in rolling and forging agricultural implements in India.

Snowflake

Fundamentals

Overvalued with worrying balance sheet.

Share Price & News

How has Shivagrico Implements's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

522237

1.5%

IN Consumer Durables

1.6%

IN Market


1 Year Return

n/a

522237

10.9%

IN Consumer Durables

0.8%

IN Market

Return vs Industry: Insufficient data to determine how 522237 performed against the Indian Consumer Durables industry.

Return vs Market: Insufficient data to determine how 522237 performed against the Indian Market.


Shareholder returns

522237IndustryMarket
7 Day0%1.5%1.6%
30 Day-4.9%9.1%1.5%
90 Day-4.9%9.1%-3.3%
1 Yearn/a11.4%10.9%2.7%0.8%
3 Year-27.1%-27.1%34.1%32.1%22.0%16.0%
5 Year-67.7%-67.7%134.5%128.0%42.3%29.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Shivagrico Implements undervalued compared to its fair value and its price relative to the market?

0.38x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate 522237's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 522237's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 522237 is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

PE vs Market: 522237 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 522237's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 522237 is good value based on its PB Ratio (0.4x) compared to the IN Consumer Durables industry average (1.3x).


Next Steps

Future Growth

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

19.4%

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 Shivagrico Implements 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

  • Take a look at our analysis of 522237’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Shivagrico Implements competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Consumer Durables industry.

Past Performance

How has Shivagrico Implements performed over the past 5 years?

-72.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 522237 is unprofitable, and losses have increased over the past 5 years at a rate of -72.5% per year.

Accelerating Growth: Unable to compare 522237's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 522237 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (5.2%).


Return on Equity

High ROE: 522237 has a negative Return on Equity (-10.65%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 522237 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 522237 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Shivagrico Implements's financial position?


Financial Position Analysis

Short Term Liabilities: 522237's short term assets (₹127.1M) do not cover its short term liabilities (₹136.3M)

Long Term Liabilities: 522237's short term assets (127.1M) exceeds its long term liabilities (20.0M)


Debt to Equity History and Analysis

Debt Level: 522237's debt to equity ratio (193.7%) is considered high

Reducing Debt: 522237's debt to equity ratio has increased from 71.5% to 193.7% over the past 5 years.


Balance Sheet

Inventory Level: 522237 has a high level of physical assets or inventory.

Debt Coverage by Assets: 522237's debt is not covered by short term assets (assets are 1x 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: 522237 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 522237 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -103.5% each year


Next Steps

Dividend

What is Shivagrico Implements's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 522237's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 522237's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 522237's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 522237'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 522237's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of Shivagrico Implements's salary, the management and board of directors tenure and is there insider trading?

6.3yrs

Average board tenure


CEO

Hemant Ranawat (43yo)

0yrs

Tenure

0

Mr. Hemant V. Ranawat has been Chief Financial Officer of Shivagrico Implements Limited since March 29, 2019. Mr. Ranawat has been Compliance Officer of Shivagrico Implements Limited since July 2019 and pr ...


Board Age and Tenure

6.3yrs

Average Tenure

49yo

Average Age

Experienced Board: 522237's board of directors are considered experienced (6.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Hemant Ranawat (43yo)

    CFO, Compliance Officer & Whole-time Director

    • Tenure: 0yrs

Board Members

  • Hemant Ranawat (43yo)

    CFO, Compliance Officer & Whole-time Director

    • Tenure: 0yrs
  • Vimalchand Jain (70yo)

    Chairman

    • Tenure: 0yrs
  • Bhavesh Shah (38yo)

    Independent Non-Executive Director

    • Tenure: 13.8yrs
  • Manju Singhvi (49yo)

    Independent Non-Executive Director

    • Tenure: 4.6yrs
  • Suresh Agarwal (62yo)

    Independent Non-Executive Director

    • Tenure: 2.1yrs

Company Information

Shivagrico Implements Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shivagrico Implements Limited
  • Ticker: 522237
  • Exchange: BSE
  • Founded: 1965
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: ₹25.369m
  • Shares outstanding: 5.01m
  • Website: https://www.shivagrico.com

Number of Employees


Location

  • Shivagrico Implements Limited
  • A-1 Adinath Apartments
  • Ground Floor
  • Mumbai
  • Maharashtra
  • 400007
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
522237BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2005

Biography

Shivagrico Implements Limited engages in rolling and forging agricultural implements in India. The company offers a range of agricultural implements and hand tools, including pickaxes, crowbars, hoes, pick ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:32
End of Day Share Price2019/10/04 00:00
Earnings2019/06/30
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.