BSE:531223

Stock Analysis Report

Executive Summary

Anjani Synthetics Limited manufactures and sells textiles in India.

Rewards

Trading at 89.4% below its fair value

Earnings grew by 68% over the past year

Risk Analysis

Earnings have declined by -6.25% per year over past 5 years

Interest payments are not well covered by earnings

Does not have a meaningful market cap (₹195M)



Snowflake Analysis

Undervalued with proven track record.

Share Price & News

How has Anjani Synthetics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 531223 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

16.1%

531223

0.2%

IN Luxury

-0.4%

IN Market


1 Year Return

-24.3%

531223

16.6%

IN Luxury

11.1%

IN Market

Return vs Industry: 531223 underperformed the Indian Luxury industry which returned 16.6% over the past year.

Return vs Market: 531223 underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

531223IndustryMarket
7 Day16.1%0.2%-0.4%
30 Day-4.8%2.6%-1.5%
90 Day5.6%8.7%3.3%
1 Year-24.3%-24.3%17.3%16.6%13.0%11.1%
3 Year-50.0%-50.0%53.8%52.0%25.3%18.6%
5 Year-14.8%-14.8%103.0%96.4%35.4%23.1%

Price Volatility Vs. Market

How volatile is Anjani Synthetics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

1 year ago | Simply Wall St

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1 year ago | Simply Wall St

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Valuation

Is Anjani Synthetics 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: 531223 (₹13.25) is trading below our estimate of fair value (₹124.84)

Significantly Below Fair Value: 531223 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 531223 is good value based on its PE Ratio (5.1x) compared to the Luxury industry average (11.1x).

PE vs Market: 531223 is good value based on its PE Ratio (5.1x) compared to the Indian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 531223's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531223 is good value based on its PB Ratio (0.3x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Anjani Synthetics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.8%

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 Anjani Synthetics 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 Anjani Synthetics performed over the past 5 years?

-6.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531223 has high quality earnings.

Growing Profit Margin: 531223's current net profit margins (1.1%) are higher than last year (0.6%).


Past Earnings Growth Analysis

Earnings Trend: 531223's earnings have declined by -6.2% per year over the past 5 years.

Accelerating Growth: 531223's earnings growth over the past year (68%) exceeds its 5-year average (-6.2% per year).

Earnings vs Industry: 531223 earnings growth over the past year (68%) exceeded the Luxury industry 2.5%.


Return on Equity

High ROE: 531223's Return on Equity (5.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Anjani Synthetics's financial position?


Financial Position Analysis

Short Term Liabilities: 531223's short term assets (₹2.0B) exceed its short term liabilities (₹1.6B).

Long Term Liabilities: 531223's short term assets (₹2.0B) exceed its long term liabilities (₹45.2M).


Debt to Equity History and Analysis

Debt Level: 531223's debt to equity ratio (114%) is considered high.

Reducing Debt: 531223's debt to equity ratio has reduced from 157.8% to 114% over the past 5 years.

Debt Coverage: 531223's debt is well covered by operating cash flow (38.3%).

Interest Coverage: 531223's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet

Inventory Level: 531223 has a high level of physical assets or inventory.

Debt Coverage by Assets: 531223's debt is covered by short term assets (assets are 2.7x debt).


Next Steps

Dividend

What is Anjani Synthetics's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.5%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 531223's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 531223'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 531223's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 531223's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 531223 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 531223'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?

2.3yrs

Average management tenure


CEO

Vasudev Agarwal (51yo)

2.3yrs

Tenure

₹2,400,000

Compensation

Shri. Vasudev Subhkaran Agarwal has been the Managing Director of Anjani Synthetics Ltd since October 1, 2017 and has been its Chairman since April 30, 2010. Shri. Agarwal served as Chief Financial Officer ...


CEO Compensation Analysis

Compensation vs Market: Vasudev's total compensation ($USD33.56K) is below average for companies of similar size in the Indian market ($USD50.21K).

Compensation vs Earnings: Vasudev's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Vasudev Agarwal
Chairman & MD2.3yrs₹2.40m48.8% 95.4m
Manoharlall S. Sharma
Chief Financial Officer5.8yrs₹568.10kno data
Bhoorsingh Parihar
Executive Director1.3yrs₹334.70kno data
Rachita Somani
Whole Time Company Secretary & Compliance Officer0.5yrsno datano data

2.3yrs

Average Tenure

51yo

Average Age

Experienced Management: 531223's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Vasudev Agarwal
Chairman & MD2.3yrs₹2.40m48.8% 95.4m
Bhoorsingh Parihar
Executive Director1.3yrs₹334.70kno data
Gopal Pansari
Non-Executive Independent Director1.3yrsno datano data
Sourabh Patawari
Additional Independent Director1yrsno datano data
Garima Jain
Additional Independent Director0.7yrsno datano data

1.3yrs

Average Tenure

51yo

Average Age

Experienced Board: 531223's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Anjani Synthetics Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Anjani Synthetics Limited
  • Ticker: 531223
  • Exchange: BSE
  • Founded: 1984
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹195.438m
  • Shares outstanding: 14.75m
  • Website: https://www.anjanisynthetics.com

Number of Employees


Location

  • Anjani Synthetics Limited
  • 221 (Maliya), New Cloth Market
  • O/S Raipur Gate
  • Ahmedabad
  • Gujarat
  • 380002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531223BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2005

Biography

Anjani Synthetics Limited manufactures and sells textiles in India. It offers cotton, polyester, and corduroy shirting and suiting fabrics; formal and casual shirt materials; and dress materials for office and party wear, bridal, and other occasions, as well as salwar kameez, Punjabi suit, sharara, and churidar with kurta and dupatta. The company also provides bed sheets, including duvet covers, flat sheets, fitted sheets, pillow covers, and cushion covers. In addition, it exports its products. The company was founded in 1984 and is based in Ahmedabad, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 12:32
End of Day Share Price2020/02/14 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.