Gini Silk Mills Limited manufactures and sells shirting and suiting under the GINI brand in India.
Adequate balance sheet unattractive dividend payer.
Share Price & News
How has Gini Silk Mills's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 531744 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 531744 underperformed the Indian Luxury industry which returned 18.4% over the past year.
Return vs Market: 531744 underperformed the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Gini Silk Mills's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Gini Silk Mills 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: 531744 (₹35.95) is trading above our estimate of fair value (₹5.39)
Significantly Below Fair Value: 531744 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 531744 is poor value based on its PE Ratio (23.5x) compared to the Luxury industry average (11.1x).
PE vs Market: 531744 is poor value based on its PE Ratio (23.5x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 531744's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 531744 is good value based on its PB Ratio (0.5x) compared to the IN Luxury industry average (0.5x).
How is Gini Silk Mills 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 Gini Silk 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.
- Examine Gini Silk Mills's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Gini Silk Mills 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 Gini Silk Mills performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531744 has high quality earnings.
Growing Profit Margin: 531744's current net profit margins (2.2%) are lower than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: 531744's earnings have declined by -6.5% per year over the past 5 years.
Accelerating Growth: 531744's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 531744 had negative earnings growth (-68.3%) over the past year, making it difficult to compare to the Luxury industry average (2.7%).
Return on Equity
High ROE: 531744's Return on Equity (2.1%) is considered low.
Return on Assets
Return on Capital Employed
How is Gini Silk Mills's financial position?
Financial Position Analysis
Short Term Liabilities: 531744's short term assets (₹254.9M) exceed its short term liabilities (₹106.3M).
Long Term Liabilities: 531744's short term assets (₹254.9M) exceed its long term liabilities (₹41.2M).
Debt to Equity History and Analysis
Debt Level: 531744's debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: 531744's debt to equity ratio has increased from 9.3% to 17.2% over the past 5 years.
Debt Coverage: 531744's debt is not well covered by operating cash flow (8%).
Interest Coverage: 531744 earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: 531744 has a high level of physical assets or inventory.
Debt Coverage by Assets: 531744's debt is covered by short term assets (assets are 3.6x debt).
What is Gini Silk Mills's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 531744's dividend (1.39%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: 531744's dividend (1.39%) is low compared to the top 25% of dividend payers in the Indian market (2.55%).
Stability and Growth of Payments
Stable Dividend: 531744's dividend payments have been volatile in the past 10 years.
Growing Dividend: 531744's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.7%), 531744's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Deepak Harlalka (56yo)
Mr. Deepak Vishwanath Harlalka serves as the Managing Director of Gini Silk Mills Limited. Mr. Harlalka serves as the Head of Finance & IT at Raychem RPG Limited and served as its General Manager of Financ ...
CEO Compensation Analysis
Compensation vs Market: Deepak's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD50.25K).
Compensation vs Earnings: Deepak's compensation has been consistent with company performance over the past year.
|Executive Chairman||7.4yrs||no data||34.67% ₹66.4m|
|MD & Executive Director||6.6yrs||no data||20.97% ₹40.2m|
|Non-Executive Director||4.9yrs||no data||6.27% ₹12.0m|
|Independent Director||5.4yrs||no data||no data|
|Independent Director||4.9yrs||no data||no data|
|Independent Director||3.8yrs||no data||no data|
Experienced Board: 531744's board of directors are considered experienced (5.2 years average tenure).
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 not been meaningfully diluted in the past year.
Gini Silk Mills Limited's company bio, employee growth, exchange listings and data sources
- Name: Gini Silk Mills Limited
- Ticker: 531744
- Exchange: BSE
- Founded: 1963
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹191.547m
- Shares outstanding: 5.59m
- Website: https://www.ginitex.com
Number of Employees
- Gini Silk Mills Limited
- 413, Tantia Jogani Industrial Estate
- Opposite Kasturba Hospital
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|531744||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Dec 2001|
Gini Silk Mills Limited manufactures and sells shirting and suiting under the GINI brand in India. It also provides a variety of cotton and cotton blended fabrics; and processes fabric on job work basis. The company exports its products to the Middle Eastern countries. The company was founded in 1963 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 12:42|
|End of Day Share Price||2020/02/18 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.