Pranavaditya Spinning Mills Limited manufactures and sells cotton and synthetic yarns in India.
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Pranavaditya Spinning Mills's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 531172 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 531172 matched the Indian Luxury industry which returned 18.2% over the past year.
Return vs Market: 531172 exceeded the Indian Market which returned 10.7% over the past year.
Price Volatility Vs. Market
How volatile is Pranavaditya Spinning Mills's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Pranavaditya Spinning Mills undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 531172's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 531172's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 531172 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 531172 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 531172's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 531172 is overvalued based on its PB Ratio (1.1x) compared to the IN Luxury industry average (0.5x).
How is Pranavaditya Spinning Mills 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 Pranavaditya Spinning Mills 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 Pranavaditya Spinning Mills's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Pranavaditya Spinning Mills 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 Pranavaditya Spinning Mills performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531172 is currently unprofitable.
Growing Profit Margin: 531172 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 531172 is unprofitable, and losses have increased over the past 5 years at a rate of -63.3% per year.
Accelerating Growth: Unable to compare 531172's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 531172 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (5.6%).
Return on Equity
High ROE: 531172 has a negative Return on Equity (-9.32%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Pranavaditya Spinning Mills's financial position?
Financial Position Analysis
Short Term Liabilities: 531172's short term assets (₹188.8M) exceed its short term liabilities (₹126.0M).
Long Term Liabilities: 531172's short term assets (₹188.8M) exceed its long term liabilities (₹9.6M).
Debt to Equity History and Analysis
Debt Level: 531172 is debt free.
Reducing Debt: 531172 had no debt 5 years ago.
Inventory Level: 531172 has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 531172's debt is 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: 531172 has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: 531172 has been profitable on average in the past, therefore cash runway is not a concern.
What is Pranavaditya Spinning Mills's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 531172's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 531172'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 531172's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 531172'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 531172'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
Ashok Halasangi (58yo)
Mr. Ashok G. Halasangi serves as Chief Executive Officer at Pranavaditya Spinning Mills Limited since May 14,2014 and serves as its President of Operations. Mr. Halasangi served as Technical Director of Pr ...
CEO Compensation Analysis
Compensation vs Market: Ashok's total compensation ($USD27.21K) is below average for companies of similar size in the Indian market ($USD50.34K).
Compensation vs Earnings: Ashok's compensation has increased whilst the company is unprofitable.
|Independent Chairman of the Board||0yrs||₹75.00k||no data|
|Non-Executive Non-Independent Director||12.6yrs||no data||0.00039% ₹1.4k|
|Independent Director||0.8yrs||no data||no data|
|Non-Executive Independent Director||1.5yrs||₹10.00k||no data|
|Non-Executive Independent Director||1yrs||no data||no data|
Experienced Board: 531172's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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.
Pranavaditya Spinning Mills Limited's company bio, employee growth, exchange listings and data sources
- Name: Pranavaditya Spinning Mills Limited
- Ticker: 531172
- Exchange: BSE
- Founded: 1990
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹354.040m
- Shares outstanding: 19.24m
- Website: https://www.pranavaditya.com
Number of Employees
- Pranavaditya Spinning Mills Limited
- 301, Arcadia
- 3rd Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|531172||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 2002|
Pranavaditya Spinning Mills Limited manufactures and sells cotton and synthetic yarns in India. Its products include ring spun yarn and twisted TFO double yarn for weaving; hosiery yarn for knitting; combed cotton; slub; cotton core lycra; blended yarn; and TFO. The company was incorporated in 1990 and is based in Mumbai, India. Pranavaditya Spinning Mills Limited is a subsidiary of Indo Count Industries Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 12:41|
|End of Day Share Price||2020/02/19 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.