Bharat Textiles and Proofing Industries Limited manufactures and markets various canvas fabrics in India.
+ 1 more risk
Slightly overvalued with poor track record.
Share Price & News
How has Bharat Textiles and Proofing Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 531029 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how 531029 performed against the Indian Luxury industry.
Return vs Market: Insufficient data to determine how 531029 performed against the Indian Market.
Price Volatility Vs. Market
How volatile is Bharat Textiles and Proofing Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Bharat Textiles and Proofing Industries 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: 531029 (₹6.32) is trading below our estimate of fair value (₹10.43)
Significantly Below Fair Value: 531029 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 531029 is poor value based on its PE Ratio (27.4x) compared to the Luxury industry average (11.2x).
PE vs Market: 531029 is poor value based on its PE Ratio (27.4x) compared to the Indian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 531029's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 531029 is overvalued based on its PB Ratio (4.5x) compared to the IN Luxury industry average (0.5x).
How is Bharat Textiles and Proofing Industries 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 Bharat Textiles and Proofing 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.
- Take a look at our analysis of 531029’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.
- Bharat Textiles and Proofing Industries 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 Bharat Textiles and Proofing Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531029 has a large one-off gain of ₹376.6K impacting its December 31 2019 financial results.
Growing Profit Margin: 531029's current net profit margins (0.9%) are lower than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: 531029 has become profitable over the past 5 years, growing earnings by -9.1% per year.
Accelerating Growth: 531029's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 531029 had negative earnings growth (-45.7%) over the past year, making it difficult to compare to the Luxury industry average (5.6%).
Return on Equity
High ROE: 531029's Return on Equity (16.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Bharat Textiles and Proofing Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 531029's short term assets (₹50.4M) exceed its short term liabilities (₹45.4M).
Long Term Liabilities: 531029's short term assets (₹50.4M) do not cover its long term liabilities (₹84.5M).
Debt to Equity History and Analysis
Debt Level: 531029's debt to equity ratio (1355.7%) is considered high.
Reducing Debt: 531029's debt to equity ratio has increased from 546.6% to 1355.7% over the past 5 years.
Debt Coverage: 531029's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 531029's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Inventory Level: 531029 has a high level of physical assets or inventory.
Debt Coverage by Assets: 531029's debt is not covered by short term assets (assets are 0.4x debt).
What is Bharat Textiles and Proofing Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 531029's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 531029'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 531029's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 531029'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 531029's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ajeet Bhandari (52yo)
Mr. Ajeet Kumar Bhandari has been the Managing Director of Bharat Textiles & Proofing Industries Limited since April 1, 2012 and has been its Executive Director since December 21, 1990. Mr. Bhandari served ...
CEO Compensation Analysis
Compensation vs Market: Ajeet's total compensation ($USD17.04K) is below average for companies of similar size in the Indian market ($USD50.34K).
Compensation vs Earnings: Ajeet's compensation has been consistent with company performance over the past year.
|MD, Compliance Officer & Executive Director||7.8yrs||₹1.22m||8.63% ₹3.2m|
|CFO & Whole-Time Director||17.8yrs||₹180.00k||2.25% ₹833.0k|
|Independent Chairman||0yrs||₹24.00k||no data|
|Additional Director||0yrs||no data||4.98% ₹1.8m|
|Non-Executive Woman Director||4.9yrs||no data||no data|
|Independent & Non-Executive Director||2.5yrs||₹24.00k||no data|
|Independent Director||1.5yrs||₹10.00k||no data|
Experienced Board: 531029's board of directors are considered experienced (4.9 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.
Bharat Textiles and Proofing Industries Limited's company bio, employee growth, exchange listings and data sources
- Name: Bharat Textiles and Proofing Industries Limited
- Ticker: 531029
- Exchange: BSE
- Founded: 1972
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹37.017m
- Shares outstanding: 5.86m
- Website: https://www.bharattarpaulin.com
Number of Employees
- Bharat Textiles and Proofing Industries Limited
- Old 43, New 64, Sattanna Naicken Street
- Lane Adjacent To Natraj Theatre
- Tamil Nadu
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|531029||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Dec 2012|
Bharat Textiles and Proofing Industries Limited manufactures and markets various canvas fabrics in India. It offers truck covers, grey cotton canvas/ducks, polyester cotton and polyester canvas, HDPE and chemically processed canvas, waterproof and rot proofed canvas, fire retardant canvas, army and number ducks, relief tents, and tarpaulin, as well as bags, tents, sleeping bag materials, etc. The company exports its products to customers in Australia, Dubai, the United Kingdom, the United States, Sri Lanka, West Indies, South Africa, Algeria, New Zealand, the United Arab Emirates, etc. Bharat Textiles and Proofing Industries Limited was founded in 1972 and is based in Chennai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 13:10|
|End of Day Share Price||2020/01/10 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.