BSE:531928

Stock Analysis Report

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Executive Summary

Golden Carpets Limited manufactures and sells carpets in the Asia Pacific.


Snowflake Analysis

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.


Market Performance


7 Day Return

0%

531928

6.9%

IN Consumer Durables

6.4%

IN Market


1 Year Return

-4.3%

531928

4.4%

IN Consumer Durables

-14.8%

IN Market

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.


Shareholder returns

531928IndustryMarket
7 Day0%6.9%6.4%
30 Day0%8.7%9.5%
90 Dayn/a-10.0%-7.4%
1 Year-4.3%-4.3%5.3%4.4%-13.1%-14.8%
3 Year-40.3%-40.3%8.2%6.3%-3.7%-8.8%
5 Year7.2%7.2%66.7%62.0%23.7%12.1%

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

Valuation

Is Golden Carpets undervalued compared to its fair value and its price relative to the market?

15.94x

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).


Next Steps

Future Growth

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

21.9%

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 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.


Next Steps

Past Performance

How has Golden Carpets performed over the past 5 years?

-2.8%

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.


Next Steps

Financial Health

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.


Balance Sheet


Next Steps

Dividend

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.


Next Steps

Management

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

4.8yrs

Average board tenure


CEO

Srikrishna Naik (55yo)

no data

Tenure

₹1,200,000

Compensation

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.


Board Members

NamePositionTenureCompensationOwnership
Srikrishna Naik
Chairman & MDno data₹1.20m39.78% 10.8m
Meena Kerur
Non Executive Director25.33yrsno data15.79% 4.3m
Ramana Naik Peda
Independent Director4.75yrs₹12.00kno data
Suryanarayana Krovi
Independent Director3.17yrsno datano data

4.8yrs

Average Tenure

66.5yo

Average Age

Experienced Board: 531928's board of directors are considered experienced (4.8 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

Golden Carpets Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Golden Carpets Limited
  • 8-2-596/5/B/1/A, Road No. 10
  • Road No.10
  • Hyderabad
  • Andhra Pradesh
  • 500034
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531928BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2005

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/06 12:34
End of Day Share Price2020/05/11 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.