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Super Tannery BSE:523842 Stock Report

Last Price


Market Cap







15 May, 2022


Company Financials
523842 fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance5/6
Financial Health5/6

523842 Stock Overview

Super Tannery Limited, together with its subsidiaries, manufactures and sells leather and leather footwear in India.

Super Tannery Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Super Tannery
Historical stock prices
Current Share Price₹6.99
52 Week High₹9.60
52 Week Low₹2.84
1 Month Change-7.42%
3 Month Change17.28%
1 Year Change143.55%
3 Year Change145.26%
5 Year Change51.30%
Change since IPO2,521.29%

Recent News & Updates

Shareholder Returns

523842IN LuxuryIN Market

Return vs Industry: 523842 exceeded the Indian Luxury industry which returned 41.4% over the past year.

Return vs Market: 523842 exceeded the Indian Market which returned 9.7% over the past year.

Price Volatility

Is 523842's price volatile compared to industry and market?
523842 volatility
523842 Average Weekly Movement11.5%
Luxury Industry Average Movement7.9%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.7%

Stable Share Price: 523842 is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: 523842's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

1953500Iftikharul Amin

Super Tannery Limited, together with its subsidiaries, manufactures and sells leather and leather footwear in India. It offers leather for automotive and furniture upholstery, safety and lifestyle footwear, bags, belts, sporting goods, equestrian equipment, and accessories. The company also exports its products to approximately 40 countries.

Super Tannery Fundamentals Summary

How do Super Tannery's earnings and revenue compare to its market cap?
523842 fundamental statistics
Market Cap₹754.73m
Earnings (TTM)₹60.71m
Revenue (TTM)₹2.24b


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
523842 income statement (TTM)
Cost of Revenue₹1.56b
Gross Profit₹682.08m
Other Expenses₹621.38m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

May 30, 2022

Earnings per share (EPS)0.56
Gross Margin30.40%
Net Profit Margin2.71%
Debt/Equity Ratio88.2%

How did 523842 perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


Is Super Tannery undervalued compared to its fair value and its price relative to the market?

Valuation Score


Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 523842 (₹6.99) is trading below our estimate of fair value (₹18.65)

Significantly Below Fair Value: 523842 is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: 523842's PE Ratio (12.4x) is in line with the Indian Luxury industry average.

PE vs Market: 523842 is good value based on its PE Ratio (12.4x) compared to the Indian market (19.9x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 523842's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: 523842 is good value based on its PB Ratio (0.9x) compared to the IN Luxury industry average (1.2x).

Future Growth

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

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


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 Super Tannery 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.

Past Performance

How has Super Tannery performed over the past 5 years?

Past Performance Score


Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 523842 has high quality earnings.

Growing Profit Margin: 523842's current net profit margins (2.7%) are higher than last year (0.9%).

Past Earnings Growth Analysis

Earnings Trend: 523842's earnings have grown by 11.2% per year over the past 5 years.

Accelerating Growth: 523842's earnings growth over the past year (302.9%) exceeds its 5-year average (11.2% per year).

Earnings vs Industry: 523842 earnings growth over the past year (302.9%) exceeded the Luxury industry 107.4%.

Return on Equity

High ROE: 523842's Return on Equity (7.2%) is considered low.

Financial Health

How is Super Tannery's financial position?

Financial Health Score


Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 523842's short term assets (₹1.6B) exceed its short term liabilities (₹1.4B).

Long Term Liabilities: 523842's short term assets (₹1.6B) exceed its long term liabilities (₹103.6M).

Debt to Equity History and Analysis

Debt Level: 523842's net debt to equity ratio (78.8%) is considered high.

Reducing Debt: 523842's debt to equity ratio has reduced from 122.5% to 88.2% over the past 5 years.

Debt Coverage: 523842's debt is well covered by operating cash flow (39.5%).

Interest Coverage: 523842's interest payments on its debt are well covered by EBIT (3.8x coverage).

Balance Sheet


What is Super Tannery current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 523842's dividend (0.72%) is higher than the bottom 25% of dividend payers in the Indian market (0.37%).

High Dividend: 523842's dividend (0.72%) is low compared to the top 25% of dividend payers in the Indian market (1.64%).

Stability and Growth of Payments

Stable Dividend: 523842's dividend payments have been volatile in the past 10 years.

Growing Dividend: 523842's dividend payments have not increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (8.9%), 523842's dividend payments are thoroughly covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (3%), 523842's dividend payments are thoroughly covered by cash flows.

Next Steps


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


Average management tenure


Iftikharul Amin (63 yo)





Mr. Iftikharul Amin has been Managing Director of Super Tannery Limited since 1989 and serves as its Director. He serves as Director of Super Tannery (UK) Limited, Aarifi Tanners Limited, Industrial Infras...

CEO Compensation Analysis

Compensation vs Market: Iftikharul's total compensation ($USD30.98K) is about average for companies of similar size in the Indian market ($USD38.73K).

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

Leadership Team

Experienced Management: 523842's management team is seasoned and experienced (29.3 years average tenure).

Board Members

Experienced Board: 523842's board of directors are seasoned and experienced ( 15.8 years average tenure).


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

Super Tannery Limited's employee growth, exchange listings and data sources

Key Information

  • Name: Super Tannery Limited
  • Ticker: 523842
  • Exchange: BSE
  • Founded: 1953
  • Industry: Footwear
  • Sector: Consumer Durables
  • Implied Market Cap: ₹754.734m
  • Shares outstanding: 107.97m
  • Website:

Number of Employees


  • Super Tannery Limited
  • 187/170, Jajmau Road
  • Kanpur
  • Uttar Pradesh
  • 208010
  • India


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 00:00
Annual Earnings2021/03/31

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.