BSE:532090

Stock Analysis Report

Executive Summary

Vandana Knitwear Limited provides wholesale trade services in India.

Risk Analysis

Earnings have declined by -25.52% per year over past 5 years

Makes less than USD$1m in revenue (₹19M)

Does not have a meaningful market cap (₹33M)

Shareholders have been diluted in the past year



Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Vandana Knitwear's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532090 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

19.2%

532090

0.3%

IN Luxury

-1.3%

IN Market


1 Year Return

63.2%

532090

8.6%

IN Luxury

5.2%

IN Market

Return vs Industry: 532090 exceeded the Indian Luxury industry which returned 8.6% over the past year.

Return vs Market: 532090 exceeded the Indian Market which returned 5.2% over the past year.


Shareholder returns

532090IndustryMarket
7 Day19.2%0.3%-1.3%
30 Day24.0%-0.4%-0.2%
90 Day19.2%7.8%7.6%
1 Year63.2%63.2%9.4%8.6%7.2%5.2%
3 Year24.0%24.0%58.9%56.8%30.3%23.4%
5 Year-99.0%-99.0%101.1%97.2%39.3%26.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Vandana Knitwear undervalued compared to its fair value and its price relative to the market?

0.3x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 532090's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 532090's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 532090 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: 532090 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532090's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532090 is good value based on its PB Ratio (0.3x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

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

20.7%

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 Vandana Knitwear 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 Vandana Knitwear performed over the past 5 years?

-25.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532090 is currently unprofitable.

Growing Profit Margin: 532090 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 532090 is unprofitable, and losses have increased over the past 5 years at a rate of -25.5% per year.

Accelerating Growth: Unable to compare 532090's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 532090 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (1%).


Return on Equity

High ROE: 532090 has a negative Return on Equity (-0.52%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Vandana Knitwear's financial position?


Financial Position Analysis

Short Term Liabilities: 532090's short term assets (₹69.9M) exceed its short term liabilities (₹1.3M).

Long Term Liabilities: 532090 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 532090 is debt free.

Reducing Debt: 532090 had no debt 5 years ago.

Debt Coverage: 532090 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 532090 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 532090 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 532090's debt is covered by short term assets.


Next Steps

Dividend

What is Vandana Knitwear's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 532090's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 532090'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 532090's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532090'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 532090's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of Vandana Knitwear's salary, the management and board of directors tenure and is there insider trading?

8.1yrs

Average management tenure


CEO

Mukesh Gadiya (48yo)

8.1yrs

Tenure

0

Mr. Mukesh Gadiya has been the Chairman and Managing Director of Vandana Knitwear Limited (formerly Trendy Knitwear Ltd.) since November 10, 2011 and has been its Executive Director since May 10, 2010. 


Management Age and Tenure

8.1yrs

Average Tenure

Experienced Management: 532090's management team is seasoned and experienced (8.1 years average tenure).


Board Age and Tenure

8.1yrs

Average Tenure

40yo

Average Age

Experienced Board: 532090's board of directors are considered experienced (8.1 years average tenure).


Insider Trading

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 been diluted in the past year, with total shares outstanding growing by 25.8%.


Management Team

  • Nidhi Gupta

    Company Secretary & Compliance Officer

    • Tenure: 8.6yrs
    • Compensation: ₹102.40k
  • Babulal Jain (68yo)

    Chief Financial Officer

    • Tenure: 0.3yrs
  • Mukesh Gadiya (48yo)

    Chairman & MD

    • Tenure: 8.1yrs

Board Members

  • Mukesh Gadiya (48yo)

    Chairman & MD

    • Tenure: 8.1yrs
  • Pradeep Jain (47yo)

    Independent & Non-Executive Director

    • Tenure: 9.3yrs
  • Pawan Mandowara (40yo)

    Independent & Non-Executive Director

    • Tenure: 8.1yrs
  • Bhuneshwari Purushottum Ameta (37yo)

    Non-Executive & Non-Independent Director

    • Tenure: 4.8yrs
  • Rakesh Nizare (37yo)

    Non-Executive Independent Director

    • Tenure: 1.1yrs

Company Information

Vandana Knitwear Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vandana Knitwear Limited
  • Ticker: 532090
  • Exchange: BSE
  • Founded: 1995
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₹33.170m
  • Shares outstanding: 107.00m
  • Website: https://null

Location

  • Vandana Knitwear Limited
  • Shop No. 1, D/27
  • Yogi Nagar
  • Mumbai
  • Maharashtra
  • 400091
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532090BSE (Mumbai Stock Exchange)INR1ININRNo data
532090BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2011

Biography

Vandana Knitwear Limited provides wholesale trade services in India. The company was formerly known as Trendy Knitwear Limited and changed its name to Vandana Knitwear Limited in August 2012. Vandana Knitw ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/09 12:51
End of Day Share Price2019/12/06 00:00
Earnings2019/09/30
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.