BSE:526133

Stock Analysis Report

Executive Summary

Supertex Industries Limited manufactures and sells draw warped and sized yarn beams, and textured and twisted yarns of polyester and nylon in India.

Risk Analysis

Earnings have declined by -8.3% per year over past 5 years

Interest payments are not well covered by earnings

Does not have a meaningful market cap (₹34M)

Profit margins (0.05%) are lower than last year (0.5%)



Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has Supertex Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 526133 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-8.1%

526133

0.08%

IN Luxury

-2.9%

IN Market


1 Year Return

-13.9%

526133

6.2%

IN Luxury

2.8%

IN Market

Return vs Industry: 526133 underperformed the Indian Luxury industry which returned 6.2% over the past year.

Return vs Market: 526133 underperformed the Indian Market which returned 2.8% over the past year.


Shareholder returns

526133IndustryMarket
7 Day-8.1%0.08%-2.9%
30 Day-8.1%-0.2%-1.4%
90 Day-14.9%7.3%6.2%
1 Year-13.9%-13.9%7.0%6.2%4.8%2.8%
3 Year-24.2%-24.2%60.0%58.1%31.3%24.4%
5 Year32.6%32.6%110.7%106.9%42.7%29.9%

Price Volatility Vs. Market

How volatile is Supertex Industries'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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1 year ago | Simply Wall St

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Valuation

Is Supertex Industries undervalued compared to its fair value and its price relative to the market?

64.9x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 526133's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 526133's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 526133 is poor value based on its PE Ratio (64.9x) compared to the Luxury industry average (10.4x).

PE vs Market: 526133 is poor value based on its PE Ratio (64.9x) compared to the Indian market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526133's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526133 is good value based on its PB Ratio (0.1x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

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

20.6%

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 Supertex Industries 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

Past Performance

How has Supertex Industries performed over the past 5 years?

-8.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526133 has high quality earnings.

Growing Profit Margin: 526133's current net profit margins (0.05%) are lower than last year (0.5%).


Past Earnings Growth Analysis

Earnings Trend: 526133's earnings have declined by -8.3% per year over the past 5 years.

Accelerating Growth: 526133's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 526133 had negative earnings growth (-90.6%) over the past year, making it difficult to compare to the Luxury industry average (1%).


Return on Equity

High ROE: 526133's Return on Equity (0.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Supertex Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 526133's short term assets (₹541.5M) exceed its short term liabilities (₹339.2M).

Long Term Liabilities: 526133's short term assets (₹541.5M) exceed its long term liabilities (₹72.8M).


Debt to Equity History and Analysis

Debt Level: 526133's debt to equity ratio (80.6%) is considered high.

Reducing Debt: 526133's debt to equity ratio has increased from 38.9% to 80.6% over the past 5 years.

Debt Coverage: 526133's debt is not well covered by operating cash flow (4.2%).

Interest Coverage: 526133's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet

Inventory Level: 526133 has a high level of physical assets or inventory.

Debt Coverage by Assets: 526133's debt is covered by short term assets (assets are 2.4x debt).


Next Steps

Dividend

What is Supertex Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.6%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 526133's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 526133'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 526133's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 526133'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 526133'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 Supertex Industries's salary, the management and board of directors tenure and is there insider trading?

10.4yrs

Average board tenure


CEO

Ramesh Mishra (59yo)

14.9yrs

Tenure

₹1,998,032

Compensation

Mr. Ramesh Kumar Mishra, B.Com., F.C.A., ACS., M.B.I.M.(Lond.), has been Managing Director of Supertex Industries Ltd. since 2005. Mr. Mishra served as Company Secretary of Supertex Industries Ltd. from 19 ...


CEO Compensation Analysis

Compensation vs Market: Ramesh's total compensation ($USD28.24K) is below average for companies of similar size in the Indian market ($USD50.82K).

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


Board Age and Tenure

10.4yrs

Average Tenure

53yo

Average Age

Experienced Board: 526133's board of directors are seasoned and experienced ( 10.4 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

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Ramesh Mishra (59yo)

    Chairman & MD

    • Tenure: 14.9yrs
    • Compensation: ₹2.00m
  • Sanjay Mishra (52yo)

    CFO & Executive Director

    • Tenure: 11.7yrs
    • Compensation: ₹1.64m
  • Vaishali Naik

    Compliance Officer & Company Secretary

    • Tenure: 0yrs
    • Compensation: ₹468.00k
  • Harshvardhan Mishra (29yo)

    Whole-Time Director

    • Tenure: 0.8yrs

Board Members

  • Maheshchandra Sharma (77yo)

    Non-Executive Independent Director

    • Tenure: 14.8yrs
    • Compensation: ₹12.00k
  • Ganesh Toshniwal (52yo)

    Non-Executive Independent Director

    • Tenure: 14.8yrs
    • Compensation: ₹18.00k
  • Ramesh Mishra (59yo)

    Chairman & MD

    • Tenure: 14.9yrs
    • Compensation: ₹2.00m
  • Sanjay Mishra (52yo)

    CFO & Executive Director

    • Tenure: 11.7yrs
    • Compensation: ₹1.64m
  • Pradip Kapadia (61yo)

    Non-Executive Independent Director

    • Tenure: 9.1yrs
    • Compensation: ₹26.00k
  • Meeta Shingala (53yo)

    Non-Executive Independent Director

    • Tenure: 4.8yrs
    • Compensation: ₹18.00k
  • Harshvardhan Mishra (29yo)

    Whole-Time Director

    • Tenure: 0.8yrs

Company Information

Supertex Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Supertex Industries Limited
  • Ticker: 526133
  • Exchange: BSE
  • Founded: 1986
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹34.024m
  • Shares outstanding: 11.34m
  • Website: https://www.supertex.in

Number of Employees


Location

  • Supertex Industries Limited
  • Balkrishna Krupa
  • 2nd Floor
  • Mumbai
  • Maharashtra
  • 400002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526133BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 1998

Biography

Supertex Industries Limited manufactures and sells draw warped and sized yarn beams, and textured and twisted yarns of polyester and nylon in India. It offers polyester texturized and nylon crimp yarn; FDY ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/12 12:45
End of Day Share Price2019/12/12 00:00
Earnings2019/09/30
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.