BSE:526947

Stock Analysis Report

Executive Summary

La Opala RG Limited manufactures and markets glass and glassware products in India and internationally.


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

How has La Opala RG's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 526947's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.8%

526947

-2.5%

IN Consumer Durables

-3.5%

IN Market


1 Year Return

13.3%

526947

30.5%

IN Consumer Durables

5.2%

IN Market

Return vs Industry: 526947 underperformed the Indian Consumer Durables industry which returned 30.5% over the past year.

Return vs Market: 526947 exceeded the Indian Market which returned 5.2% over the past year.


Shareholder returns

526947IndustryMarket
7 Day4.8%-2.5%-3.5%
30 Day18.0%1.9%-3.9%
90 Day54.9%13.5%-2.1%
1 Year14.7%13.3%31.5%30.5%7.2%5.2%
3 Year-13.1%-14.9%46.6%44.1%18.9%12.4%
5 Year18.6%15.4%99.4%93.9%29.4%17.7%

Price Volatility Vs. Market

How volatile is La Opala RG's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is La Opala RG undervalued compared to its fair value and its price relative to the market?

28.24x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 526947 (₹220.85) is trading above our estimate of fair value (₹42.39)

Significantly Below Fair Value: 526947 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 526947 is poor value based on its PE Ratio (28.2x) compared to the Consumer Durables industry average (22.9x).

PE vs Market: 526947 is poor value based on its PE Ratio (28.2x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526947's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526947 is overvalued based on its PB Ratio (4.5x) compared to the IN Consumer Durables industry average (1.4x).


Next Steps

Future Growth

How is La Opala RG forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.1%

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 La Opala RG 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 La Opala RG performed over the past 5 years?

13.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526947 has a high level of non-cash earnings.

Growing Profit Margin: 526947's current net profit margins (31.2%) are higher than last year (26.3%).


Past Earnings Growth Analysis

Earnings Trend: 526947's earnings have grown by 13% per year over the past 5 years.

Accelerating Growth: 526947's earnings growth over the past year (20.4%) exceeds its 5-year average (13% per year).

Earnings vs Industry: 526947 earnings growth over the past year (20.4%) exceeded the Consumer Durables industry 15.6%.


Return on Equity

High ROE: 526947's Return on Equity (16%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is La Opala RG's financial position?


Financial Position Analysis

Short Term Liabilities: 526947's short term assets (₹3.5B) exceed its short term liabilities (₹323.6M).

Long Term Liabilities: 526947's short term assets (₹3.5B) exceed its long term liabilities (₹282.7M).


Debt to Equity History and Analysis

Debt Level: 526947's debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: 526947's debt to equity ratio has reduced from 1.9% to 0.2% over the past 5 years.

Debt Coverage: 526947's debt is well covered by operating cash flow (4648.5%).

Interest Coverage: 526947 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 526947 has a high level of physical assets or inventory.

Debt Coverage by Assets: 526947's debt is covered by short term assets (assets are 327.4x debt).


Next Steps

Dividend

What is La Opala RG's current dividend yield, its reliability and sustainability?

0.54%

Current Dividend Yield


Dividend Yield vs Market

company0.5%marketbottom25%0.6%markettop25%2.7%industryaverage0.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: 526947's dividend (0.54%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.61%).

High Dividend: 526947's dividend (0.54%) is low compared to the top 25% of dividend payers in the Indian market (2.67%).


Stability and Growth of Payments

Stable Dividend: 526947's dividends per share have been stable in the past 10 years.

Growing Dividend: 526947's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (15.3%), 526947's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

11.0yrs

Average board tenure


CEO

Ajit Jhunjhunwala (49yo)

1.8yrs

Tenure

₹35,059,000

Compensation

Mr. Ajit Jhunjhunwala has been the Managing Director of La-Opala RG Limited since April 01, 2018. Mr. Jhunjhunwala has been an Executive Director of La Opala RG Limited since October 3, 1989 and joined on ...


CEO Compensation Analysis

Compensation vs Market: Ajit's total compensation ($USD489.79K) is about average for companies of similar size in the Indian market ($USD378.67K).

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


Board Members

NamePositionTenureCompensationOwnership
Ajit Jhunjhunwala
MD & Executive Director1.8yrs₹35.06m8.82% 2.0b
Sushil Jhunjhunwala
Executive Vice Chairman0yrs₹43.86m9.71% 2.2b
Nidhi Jhunjhunwala
Senior Manager of Product Development & Executive Director 9.8yrs₹15.71m0.81% 186.5m
Amal Chakrabortti
Independent Chairman25.3yrs₹930.00k0.011% 2.5m
Rajiv Gujral
Independent Non-Executive Director12.3yrs₹700.00kno data
Arun Churiwal
Non-Executive Director15.7yrs₹640.00k0.012% 2.8m
Subir Bose
Independent Non-Executive Director2.8yrs₹580.00kno data
Santanu Ray
Independent Non-Executive Director2yrs₹580.00kno data
Mamta Binani
Non-Executive Independent Woman Director0.8yrsno datano data

11.0yrs

Average Tenure

69yo

Average Age

Experienced Board: 526947's board of directors are seasoned and experienced ( 11 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

La Opala RG Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: La Opala RG Limited
  • Ticker: 526947
  • Exchange: BSE
  • Founded: 1987
  • Industry: Housewares and Specialties
  • Sector: Consumer Durables
  • Market Cap: ₹22.999b
  • Shares outstanding: 111.00m
  • Website: https://www.laopala.in

Number of Employees


Location

  • La Opala RG Limited
  • Chitrakoot
  • 10th Floor
  • Kolkata
  • West Bengal
  • 700020
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526947BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 1998
LAOPALANSEI (National Stock Exchange of India)YesEquity SharesININRAug 1998

Biography

La Opala RG Limited manufactures and markets glass and glassware products in India and internationally. Its opal glass tableware products include plates, bowls, dinner sets, cup-saucer sets, coffee mugs and cups, tea and soup sets, and pudding and dessert sets; and crystalware products comprise barware, vases, bowls, and stemware. The company offers its products under the La Opala, Diva, and Solitaire brands. La Opala RG Limited was founded in 1987 and is headquartered in Kolkata, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 12:47
End of Day Share Price2020/02/27 00:00
Earnings2019/12/31
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.