| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
531503 Stock Overview
Maris Spinners Limited engages in the manufacturing and selling of cotton yarn for knitting, weaving, and hosiery in India.
Maris Spinners Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹66.50 |
| 52 Week High | ₹169.90 |
| 52 Week Low | ₹43.25 |
| Beta | -0.057 |
| 1 Month Change | -5.87% |
| 3 Month Change | -41.12% |
| 1 Year Change | 53.76% |
| 3 Year Change | 13.77% |
| 5 Year Change | 95.88% |
| Change since IPO | 2,855.56% |
Recent News & Updates
Shareholder Returns
| 531503 | IN Luxury | IN Market | |
|---|---|---|---|
| 7D | -0.4% | -0.9% | 0.6% |
| 1Y | 53.8% | 12.3% | -0.3% |
Return vs Industry: 531503 exceeded the Indian Luxury industry which returned 12.3% over the past year.
Return vs Market: 531503 exceeded the Indian Market which returned -0.3% over the past year.
Price Volatility
| 531503 volatility | |
|---|---|
| 531503 Average Weekly Movement | 11.2% |
| Luxury Industry Average Movement | 7.6% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in IN Market | 9.8% |
| 10% least volatile stocks in IN Market | 4.4% |
Stable Share Price: 531503 is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: 531503's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 317 | Anand Rengaswamy | https://www.maris.co.in |
Maris Spinners Limited engages in the manufacturing and selling of cotton yarn for knitting, weaving, and hosiery in India. The company was incorporated in 1979 and is headquartered in Chennai, India.
Maris Spinners Fundamentals Summary
| 531503 fundamental statistics | |
|---|---|
| Market Cap | ₹527.00m |
| Earnings (TTM) | ₹154.29m |
| Revenue (TTM) | ₹1.72b |
3.4x
P/E Ratio0.3x
P/S RatioIs 531503 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 531503 income statement (TTM) | |
|---|---|
| Revenue | ₹1.72b |
| Cost of Revenue | ₹1.14b |
| Gross Profit | ₹579.56m |
| Other Expenses | ₹425.27m |
| Earnings | ₹154.29m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 19.47 |
| Gross Margin | 33.70% |
| Net Profit Margin | 8.97% |
| Debt/Equity Ratio | 90.9% |
How did 531503 perform over the long term?
See historical performance and comparisonDividends
1.5%
Current Dividend Yield5%
Payout RatioDoes 531503 pay a reliable dividends?
See 531503 dividend history and benchmarks| Maris Spinners dividend dates | |
|---|---|
| Ex Dividend Date | Sep 12 2022 |
| Dividend Pay Date | Oct 23 2022 |
| Days until Ex dividend | 70 days |
| Days until Dividend pay date | 111 days |
Does 531503 pay a reliable dividends?
See 531503 dividend history and benchmarksValuation
Is 531503 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 531503?
Other financial metrics that can be useful for relative valuation.
| What is 531503's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ₹527.00m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.5x |
| Enterprise Value/EBITDA | 2.9x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does 531503's PE Ratio compare to its peers?
| 531503 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 9.2x | ||
533101 Suryaamba Spinning Mills | 4x | n/a | ₹578.3m |
526479 Sky Industries | 12.3x | n/a | ₹597.0m |
526851 Arex Industries | 16.2x | n/a | ₹600.7m |
530201 Kallam Textiles | 4.2x | n/a | ₹496.7m |
531503 Maris Spinners | 3.4x | n/a | ₹527.0m |
Price-To-Earnings vs Peers: 531503 is good value based on its Price-To-Earnings Ratio (3.4x) compared to the peer average (9.2x).
Price to Earnings Ratio vs Industry
How does 531503's PE Ratio compare vs other companies in the IN Luxury Industry?
Price-To-Earnings vs Industry: 531503 is good value based on its Price-To-Earnings Ratio (3.4x) compared to the Indian Luxury industry average (12.5x)
Price to Earnings Ratio vs Fair Ratio
What is 531503's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 3.4x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 531503's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 531503 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 531503 (₹66.5) is trading below our estimate of fair value (₹2261.26)
Significantly Below Fair Value: 531503 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 531503's PEG Ratio to determine if it is good value.
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Future Growth
How is Maris Spinners forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
27.7%
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 Maris Spinners 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.
Discover growth companies
- Examine whether Maris Spinners is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Maris Spinners competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Maris Spinners performed over the past 5 years?
Past Performance Score
6/6Past Performance Score 6/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
45.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531503 has high quality earnings.
Growing Profit Margin: 531503's current net profit margins (9%) are higher than last year (6.2%).
Past Earnings Growth Analysis
Earnings Trend: 531503's earnings have grown significantly by 45.4% per year over the past 5 years.
Accelerating Growth: 531503's earnings growth over the past year (128.2%) exceeds its 5-year average (45.4% per year).
Earnings vs Industry: 531503 earnings growth over the past year (128.2%) exceeded the Luxury industry 83.8%.
Return on Equity
High ROE: 531503's Return on Equity (36.5%) is considered high.
Discover strong past performing companies
Financial Health
How is Maris Spinners's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 531503's short term assets (₹729.8M) exceed its short term liabilities (₹558.4M).
Long Term Liabilities: 531503's short term assets (₹729.8M) exceed its long term liabilities (₹207.2M).
Debt to Equity History and Analysis
Debt Level: 531503's net debt to equity ratio (89.9%) is considered high.
Reducing Debt: 531503's debt to equity ratio has reduced from 209.1% to 90.9% over the past 5 years.
Debt Coverage: 531503's debt is well covered by operating cash flow (111.3%).
Interest Coverage: 531503's interest payments on its debt are well covered by EBIT (7.8x coverage).
Balance Sheet
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Dividend
What is Maris Spinners's current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.50%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 531503's dividend (1.5%) is higher than the bottom 25% of dividend payers in the Indian market (0.42%).
High Dividend: 531503's dividend (1.5%) is low compared to the top 25% of dividend payers in the Indian market (1.86%).
Stability and Growth of Payments
Stable Dividend: 531503 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 531503 has only been paying a dividend for 6 years, and since then payments have not increased.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.1%), 531503's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.1%), 531503's dividend payments are thoroughly covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
4.9yrs
Average management tenure
CEO
Anand Rengaswamy (65 yo)
15yrs
Tenure
₹2,033,333
Compensation
Mr. Anandakumar Rengaswamy, also known as Anand, B.Sc, M.Tech. has been the Managing Director and an Executive Promoter Director of Maris Spinners Limited since July 01, 2007 and since June 15, 1995 respec...
CEO Compensation Analysis
Compensation vs Market: Anand's total compensation ($USD25.77K) is below average for companies of similar size in the Indian market ($USD38.02K).
Compensation vs Earnings: Anand's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 531503's management team is considered experienced (4.9 years average tenure).
Board Members
Experienced Board: 531503's board of directors are considered experienced (3.2 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
Maris Spinners Limited's employee growth, exchange listings and data sources
Key Information
- Name: Maris Spinners Limited
- Ticker: 531503
- Exchange: BSE
- Founded: 1979
- Industry: Textiles
- Sector: Consumer Durables
- Implied Market Cap: ₹526.997m
- Shares outstanding: 7.92m
- Website: https://www.maris.co.in
Number of Employees
Location
- Maris Spinners Limited
- New No.11, Old No.9
- Cathedral Road
- Chennai
- Tamil Nadu
- 600086
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/03 00:00 |
| End of Day Share Price | 2022/07/01 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.