BSE:531952

Stock Analysis Report

Executive Summary

Riba Textiles Limited manufactures and sells terry towels in India.

Rewards

PE ratio (5.8x) is below the Indian market (13.3x)

Risk Analysis

Does not have a meaningful market cap (₹453M)

Has a high level of debt

Highly volatile share price over past 3 months



Snowflake Analysis

Adequate balance sheet and slightly overvalued.

Share Price & News

How has Riba Textiles's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 531952's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.5%

531952

1.1%

IN Luxury

-0.6%

IN Market


1 Year Return

-46.8%

531952

19.3%

IN Luxury

11.1%

IN Market

Return vs Industry: 531952 underperformed the Indian Luxury industry which returned 19.3% over the past year.

Return vs Market: 531952 underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

531952IndustryMarket
7 Day-2.5%1.1%-0.6%
30 Day7.5%4.6%-0.5%
90 Day42.3%11.5%3.0%
1 Year-46.8%-46.8%20.1%19.3%13.1%11.1%
3 Year-18.1%-18.1%54.7%52.8%24.5%18.0%
5 Year205.0%205.0%110.4%103.4%37.8%25.7%

Price Volatility Vs. Market

How volatile is Riba Textiles's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Riba Textiles undervalued compared to its fair value and its price relative to the market?

5.78x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 531952's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 531952's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 531952 is good value based on its PE Ratio (5.8x) compared to the Luxury industry average (11.4x).

PE vs Market: 531952 is good value based on its PE Ratio (5.8x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 531952's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531952 is overvalued based on its PB Ratio (0.8x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Riba Textiles 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 Riba Textiles 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 Riba Textiles performed over the past 5 years?

44.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531952 has high quality earnings.

Growing Profit Margin: 531952's current net profit margins (4.3%) are lower than last year (4.9%).


Past Earnings Growth Analysis

Earnings Trend: 531952's earnings have grown significantly by 44.9% per year over the past 5 years.

Accelerating Growth: 531952's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 531952 had negative earnings growth (-3.6%) over the past year, making it difficult to compare to the Luxury industry average (6%).


Return on Equity

High ROE: 531952's Return on Equity (13.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Riba Textiles's financial position?


Financial Position Analysis

Short Term Liabilities: 531952's short term assets (₹450.6M) exceed its short term liabilities (₹420.1M).

Long Term Liabilities: 531952's short term assets (₹450.6M) exceed its long term liabilities (₹190.1M).


Debt to Equity History and Analysis

Debt Level: 531952's debt to equity ratio (71.5%) is considered high.

Reducing Debt: 531952's debt to equity ratio has increased from 59% to 71.5% over the past 5 years.

Debt Coverage: 531952's debt is well covered by operating cash flow (32.4%).

Interest Coverage: 531952's interest payments on its debt are well covered by EBIT (7x coverage).


Balance Sheet

Inventory Level: 531952 has a high level of physical assets or inventory.

Debt Coverage by Assets: 531952's debt is covered by short term assets (assets are 1x debt).


Next Steps

Dividend

What is Riba Textiles's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.6%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 531952's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 531952'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 531952's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 531952'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 531952'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?

5.5yrs

Average board tenure


CEO

Amit Garg (53yo)

₹10,200,000

Compensation

Mr. Amit Garg has been Managing Director at Riba Textiles Limited since January 1, 2015 and served as its Compliance Officer and is a Promoter. Mr. Garg has been looking after the management and administra ...


CEO Compensation Analysis

Compensation vs Market: Amit's total compensation ($USD142.54K) is above average for companies of similar size in the Indian market ($USD50.31K).

Compensation vs Earnings: Amit's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Ravinder Garg
Chairman0yrs₹10.20m6.22% 28.2m
Amit Garg
MD & Director0yrs₹10.20m10.3% 46.7m
Nitin Garg
Whole Time Director25.2yrs₹10.20m8.47% 38.4m
Asha Garg
Executive Director5.4yrs₹900.00k18.28% 82.8m
Prem Paliwal
Independent Non-Executive Director7.7yrsno datano data
Randhir Singh
Independent Non-Executive Director5.5yrsno datano data
Navnish Mittal
Independent Non-Executive Director4.3yrsno datano data
Suraj Mal
Independent Non-Executive Director3.8yrsno datano data

5.5yrs

Average Tenure

59yo

Average Age

Experienced Board: 531952's board of directors are considered experienced (5.5 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Riba Textiles Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Riba Textiles Limited
  • Ticker: 531952
  • Exchange: BSE
  • Founded: 1989
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹453.202m
  • Shares outstanding: 9.65m
  • Website: https://www.ribatextiles.com

Number of Employees


Location

  • Riba Textiles Limited
  • DD-14, Nehru Enclave
  • Near Kalkaji Post Office
  • New Delhi
  • Delhi
  • 110019
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531952BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2006

Biography

Riba Textiles Limited manufactures and sells terry towels in India. It offers bath towels, such as spa, yarn dyed, plain dyed, printed border, and embroidered towels, as well as bath robes; beach towels, including double jacquard, weft insert rapier, and sublistatic printed towels, as well as beach accessories comprising beach bags, beach mats, sarongs, and beach pillows; and yarn died and piece dyed tufted bath mats. The company offers its products under the Pashima Cotton, CASA FINA, Duex Fils, Jamaican Jax, Notting Hill, and Hardcastle & Leeds Uk brand names. Riba Textiles Limited also exports its terry towels. The company was incorporated in 1989 and is headquartered in New Delhi, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 12:55
End of Day Share Price2020/02/20 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.