BSE:530973

Stock Analysis Report

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Executive Summary

Alfa Ica (India) Limited manufactures and sells high pressure laminate sheets and compacts in India and internationally. More Details


Snowflake Analysis

Undervalued with adequate balance sheet.


Similar Companies

Share Price & News

How has Alfa Ica (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 530973's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.0%

530973

0.5%

IN Consumer Durables

-0.6%

IN Market


1 Year Return

-32.2%

530973

5.4%

IN Consumer Durables

2.2%

IN Market

Return vs Industry: 530973 underperformed the Indian Consumer Durables industry which returned 5.4% over the past year.

Return vs Market: 530973 underperformed the Indian Market which returned 2.2% over the past year.


Shareholder returns

530973IndustryMarket
7 Day-5.0%0.5%-0.6%
30 Day-20.3%-2.5%0.2%
90 Day-12.6%5.9%6.7%
1 Year-32.2%-32.2%5.9%5.4%3.9%2.2%
3 Year-71.3%-73.1%7.0%5.5%2.6%-2.4%
5 Year40.0%31.4%54.4%50.6%41.3%30.8%

Price Volatility Vs. Market

How volatile is Alfa Ica (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Alfa Ica (India) 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: 530973 (₹19.05) is trading below our estimate of fair value (₹70.84)

Significantly Below Fair Value: 530973 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 530973 is good value based on its PE Ratio (6.6x) compared to the IN Consumer Durables industry average (27.9x).

PE vs Market: 530973 is good value based on its PE Ratio (6.6x) compared to the Indian market (16.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 530973's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 530973 is good value based on its PB Ratio (0.5x) compared to the IN Consumer Durables industry average (1.2x).


Next Steps

Future Growth

How is Alfa Ica (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

39.2%

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 Alfa Ica (India) 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 Alfa Ica (India) performed over the past 5 years?

2.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 530973 has high quality earnings.

Growing Profit Margin: 530973's current net profit margins (2.2%) are lower than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: 530973's earnings have grown by 2.7% per year over the past 5 years.

Accelerating Growth: 530973's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 530973 had negative earnings growth (-6%) over the past year, making it difficult to compare to the Consumer Durables industry average (-23%).


Return on Equity

High ROE: 530973's Return on Equity (7.5%) is considered low.


Next Steps

Financial Health

How is Alfa Ica (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: 530973's short term assets (₹211.8M) exceed its short term liabilities (₹84.0M).

Long Term Liabilities: 530973's short term assets (₹211.8M) exceed its long term liabilities (₹104.5M).


Debt to Equity History and Analysis

Debt Level: 530973's debt to equity ratio (89.5%) is considered high.

Reducing Debt: 530973's debt to equity ratio has reduced from 120.5% to 89.5% over the past 5 years.

Debt Coverage: 530973's debt is well covered by operating cash flow (45.8%).

Interest Coverage: 530973's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Alfa Ica (India) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 530973's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 530973'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 530973's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 530973's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 530973 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 530973'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?

6.2yrs

Average board tenure


CEO

Rishi Tikmani (39 yo)

no data

Tenure

₹5,400,000

Compensation

Mr. Rishi R. Tikmani has been a Whole Time Director of Alfa ICA (India) Ltd. since August 14, 2006 & has been with it since 2006 Mr. Tikmani holds BBA from Gujarat University and MBA in International Busin ...


CEO Compensation Analysis

Compensation vs Market: Rishi's total compensation ($USD73.62K) is above average for companies of similar size in the Indian market ($USD56.07K).

Compensation vs Earnings: Rishi's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Rishi Tikmani
Whole Time Directorno data₹5.40m35.5%
₹ 27.3m
Pooja Tikmani
Executive Woman Director6.17yrs₹5.40m10.88%
₹ 8.4m
Sanjeev Sharma
Independent Director6.17yrsno data0.0099%
₹ 7.6k
Indermal Nahta
Independent Chairman0.92yrno datano data
Ayush Kedia
Additional Non-Executive Director0.92yrno data0.00025%
₹ 192.4

6.2yrs

Average Tenure

40yo

Average Age

Experienced Board: 530973's board of directors are considered experienced (6.2 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

Alfa Ica (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alfa Ica (India) Limited
  • Ticker: 530973
  • Exchange: BSE
  • Founded: 1991
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Market Cap: ₹76.962m
  • Shares outstanding: 4.04m
  • Website: https://www.alfaica.com

Number of Employees


Location

  • Alfa Ica (India) Limited
  • Alfa-Palazzo
  • Near Shivranjani Cross Road
  • Ahmedabad
  • Gujarat
  • 380015
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530973BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2004

Biography

Alfa Ica (India) Limited manufactures and sells high pressure laminate sheets and compacts in India and internationally. The company offers compact, post formable, anti-bacterial, interior grade, flooring ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 12:31
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.