Golden Carpets Limited manufactures and sells carpets in the Asia Pacific.
Acceptable track record with imperfect balance sheet.
Share Price & News
How has Golden Carpets's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 531928 has not had significant price volatility in the past 3 months.
7 Day Return
IN Consumer Durables
1 Year Return
IN Consumer Durables
Return vs Industry: 531928 underperformed the Indian Consumer Durables industry which returned 4.4% over the past year.
Return vs Market: 531928 exceeded the Indian Market which returned -14.8% over the past year.
Price Volatility Vs. Market
How volatile is Golden Carpets's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Golden Carpets 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 531928's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 531928's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 531928 is good value based on its PE Ratio (15.9x) compared to the Consumer Durables industry average (20.4x).
PE vs Market: 531928 is poor value based on its PE Ratio (15.9x) compared to the Indian market (10.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 531928's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 531928 is overvalued based on its PB Ratio (4.8x) compared to the IN Consumer Durables industry average (1.4x).
How is Golden Carpets 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 Golden Carpets 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.
- Take a look at our analysis of 531928’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Golden Carpets 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 Golden Carpets performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531928 has high quality earnings.
Growing Profit Margin: 531928 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 531928 has become profitable over the past 5 years, growing earnings by -2.8% per year.
Accelerating Growth: 531928 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 531928 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Durables industry (16.9%).
Return on Equity
High ROE: Whilst 531928's Return on Equity (30.33%) is high, this metric is skewed due to their high level of debt.
How is Golden Carpets's financial position?
Financial Position Analysis
Short Term Liabilities: 531928's short term assets (₹39.2M) do not cover its short term liabilities (₹53.3M).
Long Term Liabilities: 531928 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531928's debt to equity ratio (833.6%) is considered high.
Reducing Debt: 531928's debt to equity ratio has increased from 146.7% to 833.6% over the past 5 years.
Debt Coverage: 531928's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531928 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Golden Carpets's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 531928's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 531928's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 531928's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 531928'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 531928'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
Srikrishna Naik (55yo)
Mr. Srikrishna Naik serves as Chairman and Managing Director of Golden Carpets Ltd. Mr. Naik has been an Executive Director of Golden Carpets Limited since December 02, 1993. Mr. Naik has an experience of ...
CEO Compensation Analysis
Compensation vs Market: Srikrishna's total compensation ($USD15.88K) is below average for companies of similar size in the Indian market ($USD49.97K).
Compensation vs Earnings: Srikrishna's compensation has been consistent with company performance over the past year.
|Chairman & MD||no data||₹1.20m||39.78% ₹10.8m|
|Non Executive Director||25.33yrs||no data||15.79% ₹4.3m|
|Independent Director||4.75yrs||₹12.00k||no data|
|Independent Director||3.17yrs||no data||no data|
Experienced Board: 531928's board of directors are considered experienced (4.8 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.
Golden Carpets Limited's company bio, employee growth, exchange listings and data sources
- Name: Golden Carpets Limited
- Ticker: 531928
- Exchange: BSE
- Founded: 1993
- Industry: Home Furnishings
- Sector: Consumer Durables
- Market Cap: ₹27.129m
- Shares outstanding: 6.49m
- Website: https://www.goldencarpets.com
Number of Employees
- Golden Carpets Limited
- 8-2-596/5/B/1/A, Road No. 10
- Road No.10
- Andhra Pradesh
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|531928||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jun 2005|
Golden Carpets Limited manufactures and sells carpets in the Asia Pacific. It offers wall to wall carpets for banquets, theaters, and corporate offices; and area rugs for use in houses. The company was incorporated in 1993 and is based in Hyderabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/06 12:34|
|End of Day Share Price||2020/05/11 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.