Abhishek Corporation Limited engages in spinning, weaving, and finishing textiles in India.
Slightly overvalued with imperfect balance sheet.
Share Price & News
How has Abhishek's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532831 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 532831 underperformed the Indian Luxury industry which returned 8.4% over the past year.
Return vs Market: 532831 underperformed the Indian Market which returned 6.7% over the past year.
Price Volatility Vs. Market
How volatile is Abhishek's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Abhishek undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 532831 (₹0.51) is trading below our estimate of fair value (₹536.11)
Significantly Below Fair Value: 532831 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 532831 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 532831 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 532831's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532831 has negative assets, so we can't compare its PB Ratio to the IN Luxury industry average.
How is Abhishek 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 Abhishek 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 532831’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.
- Abhishek 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 Abhishek performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532831 is currently unprofitable.
Growing Profit Margin: 532831 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 532831 is unprofitable, and losses have increased over the past 5 years at a rate of -17.3% per year.
Accelerating Growth: Unable to compare 532831's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 532831 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (1.2%).
Return on Equity
High ROE: 532831's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
How is Abhishek's financial position?
Financial Position Analysis
Short Term Liabilities: 532831 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 532831 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 532831 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 532831's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: 532831 has a high level of physical assets or inventory.
Debt Coverage by Assets: 532831 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 532831 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 532831 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.9% per year.
What is Abhishek's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 532831's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 532831'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 532831's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 532831'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 532831'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 management tenure
Anasaheb Mohite (60yo)
Mr. Anasaheb Ramchandra Mohite has been Managing Director of Abhishek Corporation Ltd.(Also known as Abhishek Mills Ltd.) since March 30, 2004. Mr. Mohite has been the Chairman and an Executive Director of ...
|Chief Financial Officer||2yrs||₹91.40k||10.79% ₹880.8k|
|Chairman||15.5yrs||no data||28.17% ₹2.3m|
|Head of Technical||13.4yrs||₹360.00k||no data|
|Company Secretary & Compliance Officer||4yrs||no data||no data|
|Head of Human Resource Department||0yrs||no data||no data|
|Chief Engineer of Construction Division||20.7yrs||₹144.00k||no data|
|Chief Engineer of Electrical & Engineering||20.4yrs||₹264.00k||no data|
|Head of Utility Department||0yrs||no data||no data|
|Head of Maintenance Department||0yrs||no data||no data|
|Head of Production Department||0yrs||no data||no data|
Experienced Management: 532831's management team is seasoned and experienced (14.5 years average tenure).
|Chairman||15.5yrs||no data||28.17% ₹2.3m|
|Non Executive Director||9.7yrs||no data||12.49% ₹1.0m|
|Non-Executive Independent Director||5.8yrs||no data||no data|
|Independent Director||8.2yrs||no data||no data|
Experienced Board: 532831's board of directors are considered experienced (8.8 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.
Abhishek Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: Abhishek Corporation Limited
- Ticker: 532831
- Exchange: BSE
- Founded: 1993
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹8.164m
- Shares outstanding: 16.01m
- Website: https://www.abhishekcorporation.com
Number of Employees
- Abhishek Corporation Limited
- Gat No. 148
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532831||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Mar 2007|
Abhishek Corporation Limited engages in spinning, weaving, and finishing textiles in India. It produces cotton yarn and dyed yarn shirting fabrics. The company was formerly known as Abhishek Mills Limited. Abhishek Corporation Limited was incorporated in 1993 and is based in Kolhapur, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/09/14 12:47|
|End of Day Share Price||2019/06/17 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.