BSE:531411

Stock Analysis Report

Executive Summary

Tuni Textile Mills Limited manufactures and sells synthetic, blended, and cotton fabrics in India.


Snowflake Analysis

Fair value with imperfect balance sheet.

Share Price & News

How has Tuni Textile Mills's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 531411 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

531411

-4.4%

IN Luxury

-3.5%

IN Market


1 Year Return

-13.6%

531411

12.8%

IN Luxury

5.2%

IN Market

Return vs Industry: 531411 underperformed the Indian Luxury industry which returned 12.8% over the past year.

Return vs Market: 531411 underperformed the Indian Market which returned 5.2% over the past year.


Shareholder returns

531411IndustryMarket
7 Day0%-4.4%-3.5%
30 Day0%-1.4%-3.9%
90 Day0%6.0%-2.1%
1 Year-13.6%-13.6%13.5%12.8%7.2%5.2%
3 Year-61.2%-61.2%45.8%44.0%18.9%12.4%
5 Year-71.6%-71.6%97.3%93.7%29.4%17.7%

Price Volatility Vs. Market

How volatile is Tuni Textile Mills's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Tuni Textile Mills 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: 531411 (₹0.19) is trading below our estimate of fair value (₹0.45)

Significantly Below Fair Value: 531411 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 531411 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: 531411 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 531411's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531411 is good value based on its PB Ratio (0.2x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Tuni Textile Mills forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.7%

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 Tuni Textile 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.


Next Steps

Past Performance

How has Tuni Textile Mills performed over the past 5 years?

-32.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531411 is currently unprofitable.

Growing Profit Margin: 531411 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 531411 is unprofitable, and losses have increased over the past 5 years at a rate of -32.4% per year.

Accelerating Growth: Unable to compare 531411's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 531411 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).


Return on Equity

High ROE: 531411 has a negative Return on Equity (-1.61%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Tuni Textile Mills's financial position?


Financial Position Analysis

Short Term Liabilities: 531411's short term assets (₹219.8M) exceed its short term liabilities (₹125.4M).

Long Term Liabilities: 531411's short term assets (₹219.8M) exceed its long term liabilities (₹5.5M).


Debt to Equity History and Analysis

Debt Level: 531411's debt to equity ratio (62.9%) is considered high.

Reducing Debt: 531411's debt to equity ratio has increased from 36.2% to 62.9% over the past 5 years.


Balance Sheet

Inventory Level: 531411 has a high level of physical assets or inventory.

Debt Coverage by Assets: 531411's debt is covered by short term assets (assets are 2.8x 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: 531411 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: 531411 has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is Tuni Textile Mills's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.7%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 531411's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 531411'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 531411's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 531411'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 531411'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?

3.9yrs

Average management tenure


CEO

Narendra Kumar Sureka (66yo)

32.6yrs

Tenure

₹921,600

Compensation

Mr. Narendra Kumar Prabhudayal Sureka serves as the Chairman and Managing Director of Tuni Textile Mills Ltd. since July 6, 1987 and has been its Executive Director since July 6, 1987. Mr. Sureka served as ...


CEO Compensation Analysis

Compensation vs Market: Narendra Kumar's total compensation ($USD12.88K) is below average for companies of similar size in the Indian market ($USD50.10K).

Compensation vs Earnings: Narendra Kumar's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Narendra Kumar Sureka
Chairman & MD32.6yrs₹921.60k14.28% 3.7m
Pradeep Kumar Sureka
President & Whole Time Director32.6yrs₹921.60k4.41% 1.2m
Archit Sureka
Chief Financial Officer3.9yrs₹686.60k0.84% 220.0k
Mamta Jain
Company Secretary & Compliance Officer3.9yrs₹264.00kno data

3.9yrs

Average Tenure

Experienced Management: 531411's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Narendra Kumar Sureka
Chairman & MD32.6yrs₹921.60k14.28% 3.7m
Pradeep Kumar Sureka
President & Whole Time Director32.6yrs₹921.60k4.41% 1.2m
Pramod Bajaj
Independent Non Executive Director15yrsno datano data
Urmila Sureka
Non-Independent & Non-Executive Director4.9yrsno data1.25% 326.7k
Mahendra Agarwal
Independent Director1.5yrsno datano data

15.0yrs

Average Tenure

60yo

Average Age

Experienced Board: 531411's board of directors are seasoned and experienced ( 15 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tuni Textile Mills Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tuni Textile Mills Limited
  • Ticker: 531411
  • Exchange: BSE
  • Founded: 1987
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹26.126m
  • Shares outstanding: 130.63m
  • Website: https://www.tunitextiles.com

Number of Employees


Location

  • Tuni Textile Mills Limited
  • Building No. 5B
  • Suite No. 174
  • Mumbai
  • Maharashtra
  • 400059
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531411BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2010

Biography

Tuni Textile Mills Limited manufactures and sells synthetic, blended, and cotton fabrics in India. It offers uniform, shirting, suiting, and trouser fabrics to brands and companies, wholesalers, exporters, uniform-fabric makers, and multinational corporations. The company also exports its products. Tuni Textile Mills Limited was incorporated in 1987 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 Analysis2020/02/27 13:18
End of Day Share Price2020/02/27 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.