BSE:523842

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Undervalued with adequate balance sheet.


Similar Companies

Share Price & News

How has Super Tannery's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.5%

523842

-0.02%

IN Luxury

1.6%

IN Market


1 Year Return

-42.0%

523842

7.7%

IN Luxury

0.8%

IN Market

Return vs Industry: 523842 underperformed the Indian Luxury industry which returned 7.7% over the past year.

Return vs Market: 523842 underperformed the Indian Market which returned 0.8% over the past year.


Shareholder returns

523842IndustryMarket
7 Day-5.5%-0.02%1.6%
30 Day-1.0%5.5%1.5%
90 Day-12.5%3.9%-3.3%
1 Year-42.0%-42.0%8.6%7.7%2.7%0.8%
3 Year-60.0%-60.0%49.5%47.8%22.0%16.0%
5 Year-51.3%-51.9%108.9%105.0%42.3%29.3%

Price Volatility Vs. Market

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


Simply Wall St News

1 year ago | Simply Wall St

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Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 523842 (₹1.89) is trading below our estimate of fair value (₹13.57)

Significantly Undervalued: 523842 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 523842 is good value based on its PE Ratio (5.4x) compared to the Luxury industry average (10.1x).

PE vs Market: 523842 is good value based on its PE Ratio (5.4x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

Low 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 (0.3x) compared to the IN Luxury industry average (0.6x).


Next Steps

Future Growth

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

14.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 523842's forecast earnings growth (14.1% per year) is above the savings rate (7.6%).

Earnings vs Market: 523842's earnings (14.1% per year) are forecast to grow slower than the Indian market (18.3% per year).

High Growth Earnings: 523842's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 523842's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 523842's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 523842's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Super Tannery performed over the past 5 years?

-6.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 523842's earnings have declined by -6% per year over the past 5 years.

Accelerating Growth: 523842's earnings growth over the past year (6.2%) exceeds its 5-year average (-6% per year).

Earnings vs Industry: 523842 earnings growth over the past year (6.2%) underperformed the Luxury industry 7.8%.


Return on Equity

High ROE: 523842's Return on Equity (4.9%) is considered low.


Return on Assets

ROA vs Industry: 523842's Return on Assets is below or equal to the Luxury industry average last year.


Return on Capital Employed

ROCE Improving: 523842's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Super Tannery's financial position?


Financial Position Analysis

Short Term Liabilities: 523842's short term assets (₹1.4B) exceeds its short term liabilities (₹1.2B)

Long Term Liabilities: 523842's short term assets (1.4B) exceeds its long term liabilities (116.9M)


Debt to Equity History and Analysis

Debt Level: 523842's debt to equity ratio (94%) is considered high

Reducing Debt: 523842's debt to equity ratio has reduced from 143.5% to 94% over the past 5 years.

Debt Coverage: 523842's debt is well covered by operating cash flow (39.7%).

Interest Coverage: 523842's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet

Inventory Level: 523842 has a high level of physical assets or inventory.

Debt Coverage by Assets: 523842's debt is covered by short term assets (assets are 2.042140x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.5%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 523842's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 523842'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 523842's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 523842's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 523842 is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 523842'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 Super Tannery's salary, the management and board of directors tenure and is there insider trading?

26.8yrs

Average management tenure


CEO

Iftikharul Amin (61yo)

30.8yrs

Tenure

₹2,200,000

Compensation

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


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Iftikharul's total compensation is reasonable compared to companies of similar size in the Indian market.

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


Management Age and Tenure

26.8yrs

Average Tenure

59yo

Average Age

Experienced Management: 523842's management team is seasoned and experienced (26.8 years average tenure).


Board Age and Tenure

18.4yrs

Average Tenure

60yo

Average Age

Experienced Board: 523842's board of directors are seasoned and experienced ( 18.4 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

  • Iftikharul Amin (61yo)

    MD & Executive Director

    • Tenure: 30.8yrs
    • Compensation: ₹2.20m
  • Iqbal Ahsan (59yo)

    Joint MD & Executive Director

    • Tenure: 31.8yrs
    • Compensation: ₹2.20m
  • Imran Siddiqui (61yo)

    Whole Time Director

    • Tenure: 30.8yrs
    • Compensation: ₹707.10k
  • Arshad Khan (55yo)

    Whole Time Director

    • Tenure: 19.8yrs
    • Compensation: ₹437.10k
  • Mohammad Imran (52yo)

    CFO, Director of Finance & Whole-Time Director

    • Tenure: 14.8yrs
    • Compensation: ₹437.10k
  • R. Awasthi

    Compliance Officer & Company Secretary

    • Tenure: 0yrs
  • Umairul Amin

    Executive

    • Tenure: 0yrs
    • Compensation: ₹258.15k
  • Mubashirul Amin

    Executive

    • Tenure: 0yrs
    • Compensation: ₹694.36k
  • Tanveerul Amin

    Executive

    • Tenure: 0yrs
    • Compensation: ₹694.36k
  • Khalid Sayeed

    Executive

    • Tenure: 0yrs
    • Compensation: ₹164.13k

Board Members

  • Iftikharul Amin (61yo)

    MD & Executive Director

    • Tenure: 30.8yrs
    • Compensation: ₹2.20m
  • Iqbal Ahsan (59yo)

    Joint MD & Executive Director

    • Tenure: 31.8yrs
    • Compensation: ₹2.20m
  • Imran Siddiqui (61yo)

    Whole Time Director

    • Tenure: 30.8yrs
    • Compensation: ₹707.10k
  • Veqarul Amin (57yo)

    Non-Executive Non-Independent Director

    • Tenure: 0yrs
    • Compensation: ₹1.65m
  • Arshad Khan (55yo)

    Whole Time Director

    • Tenure: 19.8yrs
    • Compensation: ₹437.10k
  • Mohammad Imran (52yo)

    CFO, Director of Finance & Whole-Time Director

    • Tenure: 14.8yrs
    • Compensation: ₹437.10k
  • Mohsin Sharif (57yo)

    Non-Executive Independent Director

    • Tenure: 19.3yrs
  • Kumud Seth (74yo)

    Non-Executive Independent Director

    • Tenure: 17.6yrs
  • P. Sinha (61yo)

    Non-Executive Independent Director

    • Tenure: 11.8yrs
  • Aftab Ahmad (75yo)

    Non-Executive Independent Director

    • Tenure: 0.3yrs

Company Information

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


Key Information

  • Name: Super Tannery Limited
  • Ticker: 523842
  • Exchange: BSE
  • Founded: 1953
  • Industry: Footwear
  • Sector: Consumer Durables
  • Market Cap: ₹210.548m
  • Shares outstanding: 107.97m
  • Website: https://www.supertannery.com

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
523842BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2001

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:38
End of Day Share Price2019/10/14 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.