Spice Islands Apparels Limited manufactures and sells woven and knitted garments in India, the United Kingdom, the United Arab Emirates, and internationally.
+ 1 more risk
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has Spice Islands Apparels's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 526827's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 526827 underperformed the Indian Luxury industry which returned 18.2% over the past year.
Return vs Market: 526827 underperformed the Indian Market which returned 10.7% over the past year.
Price Volatility Vs. Market
How volatile is Spice Islands Apparels's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Spice Islands Apparels undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 526827 (₹17.12) is trading above our estimate of fair value (₹16.36)
Significantly Below Fair Value: 526827 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 526827 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 526827 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 526827's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 526827 is overvalued based on its PB Ratio (1.9x) compared to the IN Luxury industry average (0.5x).
How is Spice Islands Apparels forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Spice Islands Apparels 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.
- Take a look at our analysis of 526827’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.
- Spice Islands Apparels competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Spice Islands Apparels performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 526827 is currently unprofitable.
Growing Profit Margin: 526827 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 526827 is unprofitable, and losses have increased over the past 5 years at a rate of -60.9% per year.
Accelerating Growth: Unable to compare 526827's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 526827 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (5.6%).
Return on Equity
High ROE: 526827 has a negative Return on Equity (-98.36%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Spice Islands Apparels's financial position?
Financial Position Analysis
Short Term Liabilities: 526827's short term assets (₹90.2M) exceed its short term liabilities (₹84.4M).
Long Term Liabilities: 526827's short term assets (₹90.2M) exceed its long term liabilities (₹499.0K).
Debt to Equity History and Analysis
Debt Level: 526827's debt to equity ratio (100.8%) is considered high.
Reducing Debt: 526827's debt to equity ratio has increased from 1.7% to 100.8% over the past 5 years.
Inventory Level: 526827 has a high level of physical assets or inventory.
Debt Coverage by Assets: 526827's debt is covered by short term assets (assets are 2.3x 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: Insufficient data to determine if 526827 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 526827 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Spice Islands Apparels's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 526827's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 526827'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 526827's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 526827's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 526827 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 526827's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Spice Islands Apparels has no CEO, or we have no data on them.
|Whole Time Director||9.3yrs||₹1.09m||20.61% ₹15.2m|
|Additional Independent Director||0.8yrs||no data||no data|
|Additional Independent Director||0.5yrs||no data||no data|
Experienced Board: 526827's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Spice Islands Apparels Limited's company bio, employee growth, exchange listings and data sources
- Name: Spice Islands Apparels Limited
- Ticker: 526827
- Exchange: BSE
- Founded: 1988
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹73.616m
- Shares outstanding: 4.30m
- Website: https://www.spiceislandsapparelslimited.in
Number of Employees
- Spice Islands Apparels Limited
- 125-A, Mittal Tower
- 12th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|526827||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 2002|
Spice Islands Apparels Limited manufactures and sells woven and knitted garments in India, the United Kingdom, the United Arab Emirates, and internationally. The company offers men’s shirts, ladies blouses/tops/skirts, hand embroidered tops, basic men’s/ladies/girls/children's T-shirts, fashion T-shirts, polo shirts, sweatshirts, jerseys, piques, jacquards, and yarn dyed stripes in various fabrics. It is also involved in financial activities. Spice Islands Apparels Limited was founded in 1988 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 12:46|
|End of Day Share Price||2020/02/07 00:00|
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.