| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
530521 Overview
Virat Industries Limited manufactures and sells socks in India.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹63.50 |
| 52 Week High | ₹27.00 |
| 52 Week Low | ₹87.95 |
| Beta | 1.58 |
| 1 Month Change | 12.49% |
| 3 Month Change | 34.11% |
| 1 Year Change | 108.20% |
| 3 Year Change | -33.68% |
| 5 Year Change | -37.22% |
| Change since IPO | 840.74% |
Recent News & Updates
Shareholder Returns
| 530521 | IN Luxury | IN Market | |
|---|---|---|---|
| 7D | -6.8% | -6.3% | -4.6% |
| 1Y | 108.2% | 97.8% | 61.7% |
Return vs Industry: 530521 exceeded the Indian Luxury industry which returned 97.8% over the past year.
Return vs Market: 530521 exceeded the Indian Market which returned 61.7% over the past year.
Price Volatility
| 530521 volatility | |
|---|---|
| 530521 Beta | 1.58 |
| Industry Beta | 0.72 |
| Market Beta | 1 |
Stable Share Price: 530521 is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: 530521's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1990 | 160 | Adi Madan | https://www.viratindustries.com |
Virat Industries Limited manufactures and sells socks in India. The company offers cotton, cotton/viscose, wool, acrylic, wool/cashmere, wool/silk, cotton/silk, and special yarn socks for men, ladies, and children. Its products include fashion/novelty, dress, city, causal, mercerized, trainer, knee high, computer, technical, football, and sports socks; and extended heels, Y heel, and double layer socks, as well as lacoste, picot, and short welts.
Virat Industries Fundamentals Summary
| 530521 fundamental statistics | |
|---|---|
| Market Cap | ₹312.63m |
| Earnings (TTM) | ₹9.98m |
| Revenue (TTM) | ₹200.12m |
31.3x
P/E Ratio1.6x
P/S RatioIs 530521 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 530521 income statement (TTM) | |
|---|---|
| Revenue | ₹200.12m |
| Cost of Revenue | ₹76.72m |
| Gross Profit | ₹123.40m |
| Expenses | ₹113.42m |
| Earnings | ₹9.98m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.03 |
| Gross Margin | 61.66% |
| Net Profit Margin | 4.99% |
| Debt/Equity Ratio | 1.1% |
How did 530521 perform over the long term?
See historical performance and comparisonValuation
Is Virat Industries undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 530521 (₹63.5) is trading below our estimate of fair value (₹153.43)
Significantly Below Fair Value: 530521 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 530521 is poor value based on its PE Ratio (31.3x) compared to the Indian Luxury industry average (15.7x).
PE vs Market: 530521 is poor value based on its PE Ratio (31.3x) compared to the Indian market (20.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 530521's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 530521 is overvalued based on its PB Ratio (1.4x) compared to the IN Luxury industry average (1.1x).
Future Growth
How is Virat Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
36.6%
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 Virat 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.
Past Performance
How has Virat Industries performed over the past 5 years?
-28.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 530521 has high quality earnings.
Growing Profit Margin: 530521's current net profit margins (5%) are higher than last year (4%).
Past Earnings Growth Analysis
Earnings Trend: 530521's earnings have declined by 28.4% per year over the past 5 years.
Accelerating Growth: 530521's earnings growth over the past year (12.2%) exceeds its 5-year average (-28.4% per year).
Earnings vs Industry: 530521 earnings growth over the past year (12.2%) underperformed the Luxury industry 75.3%.
Return on Equity
High ROE: 530521's Return on Equity (4.4%) is considered low.
Financial Health
How is Virat Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 530521's short term assets (₹177.7M) exceed its short term liabilities (₹25.6M).
Long Term Liabilities: 530521's short term assets (₹177.7M) exceed its long term liabilities (₹4.9M).
Debt to Equity History and Analysis
Debt Level: 530521's debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: 530521 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 530521's debt is well covered by operating cash flow (1714.2%).
Interest Coverage: 530521's interest payments on its debt are well covered by EBIT (11.9x coverage).
Balance Sheet
Dividend
What is Virat Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 530521's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 530521's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 530521's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 530521's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 530521 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 530521's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.4yrs
Average management tenure
CEO
Adi Madan (64 yo)
17.75yrs
Tenure
₹3,937,000
Compensation
Mr. Adi Fredoon Madan, B.Com, L.L.B., has been the Managing Director at Virat Industries Ltd since 2004. Mr. Madan serves as Executive Director of Virat Industries Ltd. since May 24, 1994.
CEO Compensation Analysis
Compensation vs Market: Adi's total compensation ($USD52.47K) is above average for companies of similar size in the Indian market ($USD38.99K).
Compensation vs Earnings: Adi's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 530521's management team is seasoned and experienced (7.4 years average tenure).
Board Members
Experienced Board: 530521's board of directors are considered experienced (9.3 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
Virat Industries Limited's employee growth, exchange listings and data sources
Key Information
- Name: Virat Industries Limited
- Ticker: 530521
- Exchange: BSE
- Founded: 1990
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹312.632m
- Shares outstanding: 4.92m
- Website: https://www.viratindustries.com
Number of Employees
Location
- Virat Industries Limited
- 74, Bajaj Bhavan
- 226 Rajani Patel Marg
- Mumbai
- Maharashtra
- 400021
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 16:09 |
| End of Day Share Price | 2021/10/26 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/03/31 |
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.