BSE:530435

Stock Analysis Report

Executive Summary

Noesis Industries Limited does not have significant operations.

Risk Analysis

Latest financial reports are more than a year old

Does not have a meaningful market cap (₹25M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year



Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 530435 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

530435

1.5%

IN Consumer Durables

-1.3%

IN Market


1 Year Return

n/a

530435

16.2%

IN Consumer Durables

5.2%

IN Market

Return vs Industry: Insufficient data to determine how 530435 performed against the Indian Consumer Durables industry.

Return vs Market: Insufficient data to determine how 530435 performed against the Indian Market.


Shareholder returns

530435IndustryMarket
7 Day0%1.5%-1.3%
30 Dayn/a0.4%-0.2%
90 Dayn/a14.0%7.6%
1 Yearn/a16.8%16.2%7.2%5.2%
3 Year0%0%38.7%36.9%30.3%23.4%
5 Year53.1%53.1%101.6%96.5%39.3%26.8%

Price Volatility Vs. Market

How volatile is Noesis Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether Noesis Industries is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Noesis Industries has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 530435’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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Noesis Industries regulatory filings.
  • Explore potentially undervalued companies in the Consumer Durables industry.

Future Growth

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

19.2%

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 Noesis 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 Noesis Industries performed over the past 5 years?

30.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 530435 is currently unprofitable.

Growing Profit Margin: 530435 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 530435's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare 530435's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 530435 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (8.6%).


Return on Equity

High ROE: 530435's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Noesis Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 530435 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 530435 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 530435 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 530435's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 530435 has a high level of physical assets or inventory.

Debt Coverage by Assets: 530435 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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 530435 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 530435 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 530435's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 530435'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 530435's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 530435'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 530435'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 Noesis Industries's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Prem Rishi (64yo)

10.7yrs

Tenure

0

Mr. Prem Adip Rishi has been the Chairman and Managing Director of Noesis Industries Limited (formerly MVL Industries Limited) since April 1, 2009. Mr. Rishi has been Managing Director and Chairman of MVL  ...


Management Age and Tenure

4.8yrs

Average Tenure

Experienced Management: 530435's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

8.5yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 530435's board of directors are considered experienced (8.5 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 been diluted in the past year, with total shares outstanding growing by 5.3%.


Management Team

  • Prem Rishi (64yo)

    Chairman & MD

    • Tenure: 10.7yrs
  • Rajesh Galhotra (61yo)

    CFO & Executive Director

    • Tenure: 4.8yrs
    • Compensation: ₹12.00k
  • Uday Sharma

    Compliance Officer

    • Tenure: 0yrs
  • Mandeep Kaur

    Company Secretary

    • Tenure: 3.2yrs

Board Members

  • Prem Rishi (64yo)

    Chairman & MD

    • Tenure: 10.7yrs
  • Rajesh Galhotra (61yo)

    CFO & Executive Director

    • Tenure: 4.8yrs
    • Compensation: ₹12.00k
  • Vijay Sood (70yo)

    Independent Non-Executive Director

    • Tenure: 11.4yrs
  • Kalpana Gupta (55yo)

    Independent Non-Executive Director

    • Tenure: 10.4yrs
    • Compensation: ₹96.00k
  • Kamal Jain (67yo)

    Independent Non-Executive Director

    • Tenure: 6.6yrs
  • Deepak Gupta (51yo)

    Non-Executive Director

    • Tenure: 1.8yrs

Company Information

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


Key Information

  • Name: Noesis Industries Limited
  • Ticker: 530435
  • Exchange: BSE
  • Founded: 1986
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: ₹25.013m
  • Shares outstanding: 26.33m
  • Website: https://www.mvlindustries.in

Location

  • Noesis Industries Limited
  • 1201B, Hemkunt Chamber
  • 12th Floor
  • New Delhi
  • Delhi
  • 110019
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530435BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 1999
NOESISINDNSEI (National Stock Exchange of India)YesEquity SharesININRSep 1999

Biography

Noesis Industries Limited does not have significant operations. Previously, it was involved in the manufacture of consumer electronic goods. The company was formerly known as MVL Industries Limited and cha ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/09 12:33
End of Day Share Price2019/12/02 00:00
Earnings2018/09/30
Annual Earnings2018/03/31


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.