BSE:531300

Stock Analysis Report

Executive Summary

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.

Rewards

Earnings grew by 114.5% over the past year

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap (₹68M)

Shareholders have been diluted in the past year



Snowflake Analysis

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.


Market Performance


7 Day Return

5.0%

531300

-0.5%

IN Luxury

-1.5%

IN Market


1 Year Return

6.5%

531300

18.2%

IN Luxury

10.7%

IN Market

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.


Shareholder returns

531300IndustryMarket
7 Day5.0%-0.5%-1.5%
30 Day53.2%3.0%-2.7%
90 Day64.4%9.2%1.3%
1 Year6.5%6.5%19.0%18.2%12.7%10.7%
3 Year-10.0%-10.0%52.2%48.8%22.0%15.1%
5 Year13.6%13.6%106.9%100.1%34.5%22.0%

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

Valuation

Is Amit International undervalued compared to its fair value and its price relative to the market?

17.19x

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).


Next Steps

Future Growth

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

19.9%

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.


Next Steps

Past Performance

How has Amit International performed over the past 5 years?

68.2%

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


Next Steps

Financial Health

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.


Balance Sheet

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.


Next Steps

Dividend

What is Amit International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.6%industryaverage0.6%forecastin3Yearsn/a

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average board tenure


CEO

Kirti Doshi (67yo)

26yrs

Tenure

₹420,000

Compensation

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.


Board Members

NamePositionTenureCompensationOwnership
Kirti Doshi
Chairman26yrs₹420.00k16.58% 11.3m
Vikesh Ganatra
Independent & Non-Executive Director5.6yrsno datano data
Naresh Vaghani
Non-Executive & Independent Director2.9yrsno datano data
Rupa Zaveri
Non-Executive & Independent Director2.3yrsno datano data

2.9yrs

Average Tenure

Experienced Board: 531300's board of directors are not considered experienced ( 2.9 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.


Top Shareholders

Company Information

Amit International Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Amit International Limited
  • 403-A, Dalamal Chambers
  • 4th Floor
  • Mumbai
  • Maharashtra
  • 400020
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531300BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2005

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 12:33
End of Day Share Price2020/02/12 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.