Amit International Limited engages in spinning, texturizing, crimping, and twisting staple, synthetic fiber, silk, cotton, wool, flax, hemp, jute, and other fiber products, as well as yarn or raw materials in India.
Adequate balance sheet with proven track record.
Share Price & News
How has Amit International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 531300's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 531300 underperformed the Indian Luxury industry which returned 18.4% over the past year.
Return vs Market: 531300 underperformed the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Amit International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Amit International undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 531300's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 531300's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 531300 is poor value based on its PE Ratio (17.2x) compared to the Luxury industry average (11.1x).
PE vs Market: 531300 is poor value based on its PE Ratio (17.2x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 531300's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 531300 is good value based on its PB Ratio (0.4x) compared to the IN Luxury industry average (0.5x).
How is Amit International 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 Amit International 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.
- Check out Amit International's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Amit International 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 Amit International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531300 has high quality earnings.
Growing Profit Margin: Insufficient data to determine if 531300's profit margins have improved over the past year.
Past Earnings Growth Analysis
Earnings Trend: 531300 has become profitable over the past 5 years, growing earnings by 68.2% per year.
Accelerating Growth: 531300's earnings growth over the past year (114.5%) exceeds its 5-year average (68.2% per year).
Earnings vs Industry: 531300 earnings growth over the past year (114.5%) exceeded the Luxury industry 2.7%.
Return on Equity
High ROE: 531300's Return on Equity (2.1%) is considered low.
Return on Assets
Return on Capital Employed
How is Amit International's financial position?
Financial Position Analysis
Short Term Liabilities: 531300's short term assets (₹2.5M) exceed its short term liabilities (₹615.0K).
Long Term Liabilities: 531300 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531300's debt to equity ratio (0.08%) is considered satisfactory.
Reducing Debt: 531300's debt to equity ratio has reduced from 0.3% to 0.08% over the past 5 years.
Inventory Level: 531300 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 531300's debt is covered by short term assets (assets are 16.3x debt).
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: 531300 is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: Insufficient data to determine if 531300 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Amit International's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 531300's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 531300'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 531300's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 531300'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 531300'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
Kirti Doshi (67yo)
Mr. Kirti Jethalal Doshi serves as the Chairman and Compliance Officer of Amit International Ltd. has been its Managing Director since February 18, 1994. Mr. Doshi has vast and rich experience in manufact ...
CEO Compensation Analysis
Compensation vs Market: Kirti's total compensation ($USD5.87K) is below average for companies of similar size in the Indian market ($USD50.25K).
Compensation vs Earnings: Kirti's compensation has been consistent with company performance over the past year.
|Independent & Non-Executive Director||5.6yrs||no data||no data|
|Non-Executive & Independent Director||2.9yrs||no data||no data|
|Non-Executive & Independent Director||2.3yrs||no data||no data|
Experienced Board: 531300's board of directors are not considered experienced ( 2.9 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 been diluted in the past year, with total shares outstanding growing by 2%.
Amit International Limited's company bio, employee growth, exchange listings and data sources
- Name: Amit International Limited
- Ticker: 531300
- Exchange: BSE
- Founded: 1994
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹68.212m
- Shares outstanding: 18.95m
- Website: https://www.amitinternational.in
Number of Employees
- Amit International Limited
- 403-A, Dalamal Chambers
- 4th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|531300||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Apr 2005|
Amit International Limited engages in spinning, texturizing, crimping, and twisting staple, synthetic fiber, silk, cotton, wool, flax, hemp, jute, and other fiber products, as well as yarn or raw materials in India. It also trades in diamonds, textiles, brass wiping cables, fabrics, readymade garments, yarns, hosieries, cotton and blended socks, vests, underwear, and other knitted fabrics, as well as textiles made of silk, art-silk, rayon, staple and fibers, cotton, wool, flax, hemp, and jute. The company was founded in 1994 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 12:33|
|End of Day Share Price||2020/02/12 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.