Alfa Ica (India) Limited manufactures and sells high pressure laminate sheets and compacts in India and internationally.
Undervalued with proven track record.
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 has not had significant price volatility in the past 3 months.
7 Day Return
IN Consumer Durables
1 Year Return
IN Consumer Durables
Return vs Industry: 530973 underperformed the Indian Consumer Durables industry which returned 34.8% over the past year.
Return vs Market: 530973 underperformed the Indian Market which returned 11.1% over the past year.
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
Is Alfa Ica (India) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 530973 (₹29) is trading below our estimate of fair value (₹188.5)
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 (8.7x) compared to the Consumer Durables industry average (22.9x).
PE vs Market: 530973 is good value based on its PE Ratio (8.7x) compared to the Indian market (13.4x).
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 (0.8x) compared to the IN Consumer Durables industry average (1.4x).
How is Alfa Ica (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine whether Alfa Ica (India) is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Alfa Ica (India) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Alfa Ica (India) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 530973 has high quality earnings.
Growing Profit Margin: 530973's current net profit margins (2.4%) are higher than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: 530973's earnings have grown by 2.5% per year over the past 5 years.
Accelerating Growth: 530973's earnings growth over the past year (13.6%) exceeds its 5-year average (2.5% per year).
Earnings vs Industry: 530973 earnings growth over the past year (13.6%) underperformed the Consumer Durables industry 13.9%.
Return on Equity
High ROE: 530973's Return on Equity (9%) is considered low.
Return on Assets
Return on Capital Employed
How is Alfa Ica (India)'s financial position?
Financial Position Analysis
Short Term Liabilities: 530973's short term assets (₹239.2M) exceed its short term liabilities (₹149.9M).
Long Term Liabilities: 530973's short term assets (₹239.2M) exceed its long term liabilities (₹65.1M).
Debt to Equity History and Analysis
Debt Level: 530973's debt to equity ratio (93.2%) is considered high.
Reducing Debt: 530973's debt to equity ratio has increased from 92.4% to 93.2% over the past 5 years.
Debt Coverage: 530973's debt is well covered by operating cash flow (58.7%).
Interest Coverage: 530973's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Inventory Level: 530973 has a high level of physical assets or inventory.
Debt Coverage by Assets: 530973's debt is covered by short term assets (assets are 1.7x debt).
What is Alfa Ica (India)'s current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 530973's dividend (3.45%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).
High Dividend: 530973's dividend (3.45%) is in the top 25% of dividend payers in the Indian market (2.52%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 530973 has been paying a dividend for less than 10 years.
Growing Dividend: 530973 has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.9%), 530973'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rishi Tikmani (38yo)
Mr. Rishi R. Tikmani has been a Whole Time Director of Alfa ICA (India) Ltd. since August 14, 2006. Mr. Tikmani holds BBA from Gujarat University and MBA from University of West Minister (UK).
CEO Compensation Analysis
Compensation vs Market: Rishi's total compensation ($USD50.34K) is about average for companies of similar size in the Indian market ($USD50.21K).
Compensation vs Earnings: Rishi's compensation has increased by more than 20% in the past year.
|Whole Time Director||0yrs||₹3.60m||35.5% ₹43.0m|
|Executive Woman Director||5.5yrs||₹3.60m||10.88% ₹13.2m|
|Independent Director||5.5yrs||no data||0.0099% ₹12.0k|
|Independent Chairman||0.3yrs||no data||no data|
|Additional Non-Executive Director||0.3yrs||no data||no data|
Experienced Board: 530973's board of directors are considered experienced (5.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Alfa Ica (India) Limited's company bio, employee growth, exchange listings and data sources
- Name: Alfa Ica (India) Limited
- Ticker: 530973
- Exchange: BSE
- Founded: 1991
- Industry: Home Furnishings
- Sector: Consumer Durables
- Market Cap: ₹121.200m
- Shares outstanding: 4.04m
- Website: https://www.alfaica.com
Number of Employees
- Alfa Ica (India) Limited
- Near Shivranjani Cross Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|530973||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 2004|
Alfa Ica (India) Limited manufactures and sells high pressure laminate sheets and compacts in India and internationally. The company offers compact, standard grade, post formable, anti-bacterial, interior grade, flooring grade, exterior grade, tough gloss, and laboratory grade laminates, as well as real metal foils, dry wipe boards, and fire retardants. It also provides laminate sheets for use in furniture coverings, wall paneling, partitions, door coverings, shower panels, interior wall paneling, exterior wall cladding, green chalk boards, white marker boards, kitchen tops and backsplashes, cubicle partition panels, anti-fingerprint laminates, table tops, and various other areas. The company was incorporated in 1991 and is based in Ahmedabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 12:33|
|End of Day Share Price||2020/02/17 00:00|
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.