Super Tannery
Market Cap
₹136.0m
Last Updated
2020/03/30 12:52 UTC
Data Sources
Company Financials
Executive Summary
Super Tannery Limited, together with its subsidiaries, manufactures and sells leather and leather footwear in India.
Rewards
Risk Analysis
Snowflake Analysis
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
Stable Share Price: 523842's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-7.4%
523842
-2.3%
IN Luxury
-2.9%
IN Market
1 Year Return
-46.6%
523842
-26.7%
IN Luxury
-29.3%
IN Market
Return vs Industry: 523842 underperformed the Indian Luxury industry which returned -26.7% over the past year.
Return vs Market: 523842 underperformed the Indian Market which returned -29.3% over the past year.
Shareholder returns
| 523842 | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.4% | -2.3% | -2.9% |
| 30 Day | -30.8% | -26.9% | -23.7% |
| 90 Day | -38.5% | -26.0% | -28.6% |
| 1 Year | -46.6%-46.6% | -26.1%-26.7% | -27.9%-29.3% |
| 3 Year | -71.9%-71.9% | 1.6%-0.9% | -15.4%-20.0% |
| 5 Year | -78.2%-78.4% | 44.6%39.4% | -3.3%-8.3% |
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
Top Undervalued BSE Stocks This Month1 year ago | Simply Wall St
Top Undervalued BSE Stocks This Month1 year ago | Simply Wall St
Top Undervalued BSE Stocks This MonthValuation
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
Below Fair Value: 523842 (₹1.26) is trading below our estimate of fair value (₹15.01)
Significantly Below Fair Value: 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 (3.7x) compared to the Luxury industry average (7.8x).
PE vs Market: 523842 is good value based on its PE Ratio (3.7x) compared to the Indian market (9.2x).
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 (0.2x) compared to the IN Luxury industry average (0.4x).
Next Steps
Future Growth
How is Super Tannery forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.0%
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.
Next Steps
- Examine whether Super Tannery is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Super Tannery 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 Super Tannery performed over the past 5 years?
-4.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 523842 has high quality earnings.
Growing Profit Margin: 523842's current net profit margins (2.2%) are higher than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: 523842's earnings have declined by -4.7% per year over the past 5 years.
Accelerating Growth: 523842's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 523842 had negative earnings growth (-3.2%) over the past year, making it difficult to compare to the Luxury industry average (6.4%).
Return on Equity
High ROE: 523842's Return on Equity (4.8%) is considered low.
Next Steps
Financial Health
How is Super Tannery's financial position?
Financial Position Analysis
Short Term Liabilities: 523842's short term assets (₹1.7B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 523842's short term assets (₹1.7B) exceed its long term liabilities (₹142.9M).
Debt to Equity History and Analysis
Debt Level: 523842's debt to equity ratio (113.4%) is considered high.
Reducing Debt: 523842's debt to equity ratio has reduced from 139% to 113.4% over the past 5 years.
Debt Coverage: 523842's debt is well covered by operating cash flow (32%).
Interest Coverage: 523842's interest payments on its debt are not well covered by EBIT (2.2x 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 1.9x debt).
Next Steps
Dividend
What is Super Tannery's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
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.
Stability and Growth of Payments
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 the Indian market.
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
How experienced are the management team and are they aligned to shareholders interests?
27.2yrs
Average management tenure
CEO
Iftikharul Amin (61yo)
31.17s
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: Iftikharul's total compensation ($USD29.19K) is below average for companies of similar size in the Indian market ($USD48.15K).
Compensation vs Earnings: Iftikharul's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 31.17yrs | ₹2.20m | 15.78% ₹21.5m | |
| Joint MD & Executive Director | 32.17yrs | ₹2.20m | 8.47% ₹11.5m | |
| CFO, Director of Finance & Whole-Time Director | 15.17yrs | ₹437.10k | no data | |
| Compliance Officer & Company Secretary | no data | no data | no data | |
| Whole Time Director | 31.17yrs | ₹707.10k | no data | |
| Whole Time Director | 20.17yrs | ₹437.10k | no data | |
| Executive | no data | ₹258.15k | 4.25% ₹5.8m | |
| Executive | no data | ₹694.36k | no data | |
| Executive | no data | ₹694.36k | 4.25% ₹5.8m | |
| Executive | no data | ₹164.13k | no data |
27.2yrs
Average Tenure
59yo
Average Age
Experienced Management: 523842's management team is seasoned and experienced (27.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 31.17yrs | ₹2.20m | 15.78% ₹21.5m | |
| Joint MD & Executive Director | 32.17yrs | ₹2.20m | 8.47% ₹11.5m | |
| CFO, Director of Finance & Whole-Time Director | 15.17yrs | ₹437.10k | no data | |
| Whole Time Director | 31.17yrs | ₹707.10k | no data | |
| Whole Time Director | 20.17yrs | ₹437.10k | no data | |
| Non-Executive Non-Independent Director | no data | ₹1.65m | 16.56% ₹22.5m | |
| Non-Executive Independent Director | 19.67yrs | no data | no data | |
| Non-Executive Independent Director | 18yrs | no data | no data | |
| Non-Executive Independent Director | 12.17yrs | no data | no data | |
| Non-Executive Independent Director | 0.67yr | no data | no data |
18.8yrs
Average Tenure
60yo
Average Age
Experienced Board: 523842's board of directors are seasoned and experienced ( 18.8 years average tenure).
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
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: ₹136.046m
- Shares outstanding: 107.97m
- Website: https://www.supertannery.com
Location
- Super Tannery Limited
- 187/170, Jajmau Road
- Kanpur
- Uttar Pradesh
- 208010
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 523842 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Dec 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, bags, belts, sporting goods, and equestrian equipment. The company also provides safety and lifestyle footwear, belts, shoe components, and accessories. It also exports its products to approximately 40 countries. Super Tannery Limited was founded in 1953 and is based in Kanpur, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/30 12:52 |
| End of Day Share Price | 2020/03/25 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.