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Vijay Textiles

BSE:530151
Snowflake Description

Good value average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
530151
BSE
₹398M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Vijay Textiles Limited manufactures and sells textile fabrics in India. The last earnings update was 63 days ago. More info.


Add to Portfolio Compare Print
  • Vijay Textiles has significant price volatility in the past 3 months.
530151 Share Price and Events
7 Day Returns
-5.7%
BSE:530151
1.4%
IN Luxury
1.7%
IN Market
1 Year Returns
-29%
BSE:530151
-3.3%
IN Luxury
0.1%
IN Market
530151 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Vijay Textiles (530151) -5.7% 0.5% -29.8% -29% 12.3% 299.3%
IN Luxury 1.4% 2% 8.4% -3.3% 47.7% 164.2%
IN Market 1.7% 2.7% 5.8% 0.1% 41.6% 73.3%
1 Year Return vs Industry and Market
  • 530151 underperformed the Luxury industry which returned -3.3% over the past year.
  • 530151 underperformed the Market in India which returned 0.1% over the past year.
Price Volatility
530151
Industry
5yr Volatility vs Market
Related Companies

530151 Value

 Is Vijay Textiles undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Vijay Textiles to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Vijay Textiles.

BSE:530151 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 24.8%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:530151
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.728 (1 + (1- 35%) (466.27%))
2.296
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (2 * 8.6%)
24.75%

Discounted Cash Flow Calculation for BSE:530151 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Vijay Textiles is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:530151 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 24.75%)
2019 90.39 Est @ 12.75% 72.46
2020 100.51 Est @ 11.19% 64.58
2021 110.66 Est @ 10.1% 57.00
2022 120.99 Est @ 9.33% 49.96
2023 131.64 Est @ 8.8% 43.57
2024 142.73 Est @ 8.42% 37.87
2025 154.38 Est @ 8.16% 32.83
2026 166.69 Est @ 7.98% 28.42
2027 179.78 Est @ 7.85% 24.57
2028 193.73 Est @ 7.76% 21.22
Present value of next 10 years cash flows ₹432.48
BSE:530151 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹193.73 × (1 + 7.55%) ÷ (24.75% – 7.55%)
₹1,211.37
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹1,211.37 ÷ (1 + 24.75%)10
₹132.70
BSE:530151 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹432.48 + ₹132.70
₹565.18
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹565.18 / 13.13
₹43.06
BSE:530151 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹43.06
Current discount Discount to share price of ₹29.15
= -1 x (₹29.15 - ₹43.06) / ₹43.06
32.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Vijay Textiles is available for.
Intrinsic value
32%
Share price is ₹29.15 vs Future cash flow value of ₹43.06
Current Discount Checks
For Vijay Textiles to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Vijay Textiles's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Vijay Textiles's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Vijay Textiles's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Vijay Textiles's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:530151 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹3.62
BSE:530151 Share Price ** BSE (2019-04-18) in INR ₹29.15
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.35x
India Market PE Ratio Median Figure of 2,735 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Vijay Textiles.

BSE:530151 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:530151 Share Price ÷ EPS (both in INR)

= 29.15 ÷ 3.62

8.04x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Vijay Textiles is good value based on earnings compared to the IN Luxury industry average.
  • Vijay Textiles is good value based on earnings compared to the India market.
Price based on expected Growth
Does Vijay Textiles's expected growth come at a high price?
Raw Data
BSE:530151 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.04x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
16.7%per year
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.57x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.33x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Vijay Textiles, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Vijay Textiles's assets?
Raw Data
BSE:530151 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹92.18
BSE:530151 Share Price * BSE (2019-04-18) in INR ₹29.15
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.75x
India Market PB Ratio Median Figure of 3,626 Publicly-Listed Companies 1.12x
BSE:530151 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:530151 Share Price ÷ Book Value per Share (both in INR)

= 29.15 ÷ 92.18

0.32x

* Primary Listing of Vijay Textiles.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Vijay Textiles is good value based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Vijay Textiles's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Vijay Textiles has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

530151 Future Performance

 How is Vijay Textiles expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Vijay Textiles, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Vijay Textiles expected to grow at an attractive rate?
  • Vijay Textiles's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Vijay Textiles's earnings growth is positive but not above the India market average.
  • Unable to compare Vijay Textiles's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:530151 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:530151 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 16.7%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.2%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.7%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:530151 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:530151 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 1,080 48
2018-09-30 971 39
2018-06-30 964 65
2018-03-31 1,116 117 80
2017-12-31 1,175 68
2017-09-30 1,274 66
2017-06-30 1,327 51
2017-03-31 1,193 107 46
2016-12-31 1,081 33
2016-09-30 976 23
2016-06-30 947 8
2016-03-31 1,084 135 10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Vijay Textiles's earnings are expected to grow by 16.7% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Vijay Textiles is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:530151 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Vijay Textiles Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:530151 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 3.62
2018-09-30 2.97
2018-06-30 4.90
2018-03-31 6.01
2017-12-31 5.17
2017-09-30 4.71
2017-06-30 3.76
2017-03-31 3.40
2016-12-31 2.62
2016-09-30 2.02
2016-06-30 0.73
2016-03-31 0.87

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Vijay Textiles will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Vijay Textiles's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Vijay Textiles has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

530151 Past Performance

  How has Vijay Textiles performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Vijay Textiles's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Vijay Textiles has delivered over 20% year on year earnings growth in the past 5 years.
  • Vijay Textiles's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Vijay Textiles's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.
Earnings and Revenue History
Vijay Textiles's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Vijay Textiles Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:530151 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,079.89 47.97 101.20
2018-09-30 970.55 39.31 101.41
2018-06-30 964.02 65.09 72.98
2018-03-31 1,116.33 80.26 102.84
2017-12-31 1,175.31 67.89 109.86
2017-09-30 1,273.97 65.71 109.17
2017-06-30 1,327.01 50.69 88.92
2017-03-31 1,192.89 45.70 102.86
2016-12-31 1,080.86 33.20 97.12
2016-09-30 975.60 23.09 96.93
2016-06-30 946.68 8.43 59.68
2016-03-31 1,083.76 10.06 91.81
2015-12-31 916.40 -106.49 127.46
2015-09-30 940.70 -134.31 123.52
2015-06-30 990.33 -151.76 52.52
2015-03-31 893.19 -192.69 88.35
2014-12-31 1,076.14 -142.53 119.06
2014-09-30 1,065.85 -88.58 120.33
2014-06-30 1,089.22 -40.69 57.40
2014-03-31 1,060.25 19.83 119.96
2013-12-31 885.53 -10.23 121.69
2013-09-30 838.33 -20.54 119.80
2013-06-30 811.47 -12.65 119.04
2013-03-31 926.36 -8.14 118.84
2012-12-31 984.97 -3.75 113.27
2012-09-30 1,010.20 8.76 112.62
2012-06-30 1,130.06 5.02 113.74

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Vijay Textiles has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Vijay Textiles used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Vijay Textiles has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Vijay Textiles's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Vijay Textiles has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

530151 Health

 How is Vijay Textiles's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Vijay Textiles's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Vijay Textiles is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Vijay Textiles's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Vijay Textiles's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Vijay Textiles Company Filings, last reported 3 months ago.

BSE:530151 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,202.89 1,857.37 207.82
2018-09-30 1,202.89 1,857.37 207.82
2018-06-30 691.50 1,942.43 206.09
2018-03-31 691.50 2,482.35 2.61
2017-12-31 1,190.63 1,641.77 6.18
2017-09-30 1,190.63 1,641.77 6.18
2017-06-30 1,143.30 1,673.50 3.95
2017-03-31 612.64 2,383.91 3.95
2016-12-31 1,074.03 1,655.56 5.19
2016-09-30 1,074.03 1,655.56 5.19
2016-06-30 1,056.35 1,615.15 6.84
2016-03-31 1,056.35 1,771.58 6.84
2015-12-31 1,023.34 1,671.51 8.90
2015-09-30 1,023.34 1,671.51 8.90
2015-06-30 1,018.69 1,580.35 57.66
2015-03-31 1,018.69 1,704.53 57.66
2014-12-31 1,089.37 1,604.74 12.50
2014-09-30 1,089.37 1,604.74 12.50
2014-06-30 1,216.98 1,583.59 3.82
2014-03-31 1,216.98 1,516.73 3.82
2013-12-31 1,200.16 1,559.60 9.65
2013-09-30 1,200.16 1,559.60 9.65
2013-06-30 1,197.16 1,640.75 6.18
2013-03-31 1,197.16 1,640.75 6.18
2012-12-31 1,220.70 1,651.91 43.12
2012-09-30 1,220.70 1,651.91 43.12
2012-06-30 1,205.29 1,831.02 16.22
  • Vijay Textiles's level of debt (154.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (129.9% vs 154.4% today).
  • Debt is not well covered by operating cash flow (6.3%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Vijay Textiles's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Vijay Textiles has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

530151 Dividends

 What is Vijay Textiles's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.43%
Current annual income from Vijay Textiles dividends.
If you bought ₹2,000 of Vijay Textiles shares you are expected to receive ₹69 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Vijay Textiles's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.49%).
  • Vijay Textiles's dividend is above the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:530151 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:530151 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-09-03 1.000 2.537
2018-05-29 1.000 1.868
2013-08-07 0.000 0.000
2013-05-30 0.000 0.000
2013-02-11 0.000 0.000
2012-11-12 0.000 0.000
2012-05-29 0.000 0.000
2011-06-21 1.000 4.237
2011-05-31 1.000 2.843
2010-09-28 0.800 1.750
2009-06-29 1.000 2.935
2009-04-20 1.000 3.135

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Vijay Textiles's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.6x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Vijay Textiles's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Vijay Textiles afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Vijay Textiles has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

530151 Management

 What is the CEO of Vijay Textiles's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Vijay Gupta
COMPENSATION ₹4,200,000
AGE 68
TENURE AS CEO 15 years
CEO Bio

Mr. Vijay Kumar Gupta, B.Com. has been the Chairman and Managing Director of Vijay Textiles Ltd. since April 01,2004. Mr. Gupta has about 42 years of experience in Textiles Trading and Textile processing. Mr. Gupta has been a Director at Vijay Textiles Ltd. since February 2, 1990. Mr. Gupta served as an Independent Non-Executive Director of Rajvir Industries Ltd from July 16, 2012 to February 14, 2017. Mr. Gupta is a Commerce Graduate and had been trained at Administrative Staff College of India in the areas of Management.

CEO Compensation
  • Vijay's compensation has been consistent with company performance over the past year.
  • Vijay's remuneration is higher than average for companies of similar size in India.
Management Team

Vijay Gupta

TITLE
Chairman & MD
COMPENSATION
₹4M
AGE
68
TENURE
15 yrs

Susheel Gupta

TITLE
CFO & Whole Time Director
COMPENSATION
₹4M
AGE
43
TENURE
0.7 yrs

Mukesh Gandhi

TITLE
Chief Manager of Operations
AGE
64

S. Nagarajan

TITLE
Compliance Officer & Company Secretary
COMPENSATION
₹2M

Ram Niwas

TITLE
Chief Security Officer
AGE
52

Jonnalagadda Shankar

TITLE
Manager of Accounts
AGE
50
Board of Directors Tenure

Average tenure and age of the Vijay Textiles board of directors in years:

7.9
Average Tenure
55
Average Age
  • The tenure for the Vijay Textiles board of directors is about average.
Board of Directors

Vijay Gupta

TITLE
Chairman & MD
COMPENSATION
₹4M
AGE
68
TENURE
15 yrs

Susheel Gupta

TITLE
CFO & Whole Time Director
COMPENSATION
₹4M
AGE
43
TENURE
13 yrs

Muppidi Reddy

TITLE
Independent Non-Executive Director
COMPENSATION
₹70K
AGE
67
TENURE
18.4 yrs

Alka Zanwar

TITLE
Non-Executive Independent Director
COMPENSATION
₹70K
AGE
43
TENURE
2.8 yrs

Penmetsa Vikram

TITLE
Independent Director
COMPENSATION
₹55K
TENURE
2.8 yrs

Pankaj Trivedi

TITLE
Independent Non-Executive Director
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Vijay Textiles's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Vijay Textiles has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

530151 News

Simply Wall St News

530151 Company Info

Description

Vijay Textiles Limited manufactures and sells textile fabrics in India. It markets its products through a network of wholesale, as well as its five retail stores located in Hyderabad and Secunderabad. The company was incorporated in 1990 and is based in Secunderabad, India.

Details
Name: Vijay Textiles Limited
530151
Exchange: BSE
Founded: 1990
₹398,343,750
13,125,000
Website: http://www.vijaytextiles.in
Address: Vijay Textiles Limited
Surya Towers,
Ground Floor,
Secunderabad,
Andhra Pradesh, 500003,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 530151 Equity Shares Mumbai Stock Exchange IN INR 31. Aug 2004
Number of employees
Current staff
Staff numbers
310
Vijay Textiles employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 12:58
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.