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Birla Cotsyn (India)

BSE:533006
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
533006
BSE
₹215M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Birla Cotsyn (India) Limited manufactures and sells cotton and synthetic yarns in India. The last earnings update was 201 days ago. More info.


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533006 Share Price and Events
7 Day Returns
0%
BSE:533006
1.4%
IN Luxury
1.7%
IN Market
1 Year Returns
0%
BSE:533006
-3.3%
IN Luxury
0.1%
IN Market
533006 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Birla Cotsyn (India) (533006) 0% 0% 0% 0% 60% -20%
IN Luxury 1.4% 2% 8.4% -3.3% 47.7% 164.2%
IN Market 1.7% 2.7% 5.8% 0.1% 41.6% 73.3%
1 Year Return vs Industry and Market
  • 533006 outperformed the Luxury industry which returned -3.3% over the past year.
Price Volatility
533006
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Birla Cotsyn (India) undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Birla Cotsyn (India) to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Birla Cotsyn (India).

BSE:533006 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 24.8%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:533006
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.728 (1 + (1- 35%) (1168.47%))
4.522
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (2 * 8.6%)
24.75%

Discounted Cash Flow Calculation for BSE:533006 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Birla Cotsyn (India) is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:533006 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 24.75%)
2019 82.48 Est @ 88.8% 66.12
2020 135.63 Est @ 64.43% 87.15
2021 199.86 Est @ 47.36% 102.95
2022 270.65 Est @ 35.42% 111.75
2023 343.89 Est @ 27.06% 113.82
2024 416.81 Est @ 21.21% 110.58
2025 488.12 Est @ 17.11% 103.81
2026 557.64 Est @ 14.24% 95.07
2027 625.86 Est @ 12.23% 85.53
2028 693.63 Est @ 10.83% 75.98
Present value of next 10 years cash flows ₹952.76
BSE:533006 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹693.63 × (1 + 7.55%) ÷ (24.75% – 7.55%)
₹4,337.21
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹4,337.21 ÷ (1 + 24.75%)10
₹475.12
BSE:533006 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹952.76 + ₹475.12
₹1,427.88
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹1,427.88 / 2,686.57
₹0.53
BSE:533006 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹0.53
Current discount Discount to share price of ₹0.08
= -1 x (₹0.08 - ₹0.53) / ₹0.53
84.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Birla Cotsyn (India) is available for.
Intrinsic value
>50%
Share price is ₹0.08 vs Future cash flow value of ₹0.53149
Current Discount Checks
For Birla Cotsyn (India) to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Birla Cotsyn (India)'s share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Birla Cotsyn (India)'s share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Birla Cotsyn (India)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Birla Cotsyn (India)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:533006 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹-0.34
BSE:533006 Share Price ** BSE (2019-04-18) in INR ₹0.08
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.35x
India Market PE Ratio Median Figure of 2,735 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Birla Cotsyn (India).

BSE:533006 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:533006 Share Price ÷ EPS (both in INR)

= 0.08 ÷ -0.34

-0.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Birla Cotsyn (India) is loss making, we can't compare its value to the IN Luxury industry average.
  • Birla Cotsyn (India) is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Birla Cotsyn (India)'s expected growth come at a high price?
Raw Data
BSE:533006 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.24x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.57x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.33x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Birla Cotsyn (India), we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Birla Cotsyn (India)'s assets?
Raw Data
BSE:533006 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹-0.95
BSE:533006 Share Price * BSE (2019-04-18) in INR ₹0.08
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.75x
India Market PB Ratio Median Figure of 3,626 Publicly-Listed Companies 1.12x
BSE:533006 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:533006 Share Price ÷ Book Value per Share (both in INR)

= 0.08 ÷ -0.95

-0.08x

* Primary Listing of Birla Cotsyn (India).

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Birla Cotsyn (India) has negative assets, we can't compare the value of its assets to the IN Luxury industry average.
X
Value checks
We assess Birla Cotsyn (India)'s value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Birla Cotsyn (India) has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Birla Cotsyn (India) expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Birla Cotsyn (India) 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.2%
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Birla Cotsyn (India) expected to grow at an attractive rate?
  • Unable to compare Birla Cotsyn (India)'s earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Birla Cotsyn (India)'s earnings growth to the India market average as no estimate data is available.
  • Unable to compare Birla Cotsyn (India)'s revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:533006 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.2%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.7%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:533006 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:533006 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 1,029 46 -898
2017-03-31 1,152 13 -907
2016-03-31 1,348 -95 -806

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Birla Cotsyn (India) is high growth as no earnings estimate data is available.
  • Unable to determine if Birla Cotsyn (India) is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:533006 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Birla Cotsyn (India) Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:533006 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 -0.34
2017-03-31 -0.34
2016-03-31 -0.30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Birla Cotsyn (India) will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 533006’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.
  2. Birla Cotsyn (India)'s future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. Birla Cotsyn (India)'s competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Birla Cotsyn (India)'s future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Birla Cotsyn (India) has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Birla Cotsyn (India) performed over the past 5 years?

  • Birla Cotsyn (India)'s last earnings update was 201 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Birla Cotsyn (India)'s growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Birla Cotsyn (India) does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Birla Cotsyn (India)'s 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Birla Cotsyn (India)'s 1-year growth to the IN Luxury industry average as it is not currently profitable.
Earnings and Revenue History
Birla Cotsyn (India)'s revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Birla Cotsyn (India) Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:533006 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 1,029.43 -898.41 73.27
2017-03-31 1,151.61 -907.06 77.85
2016-03-31 1,348.34 -806.08 112.34
2015-03-31 1,522.07 -1,662.00 105.19
2014-03-31 1,698.91 -746.25 209.10 0.01
2013-06-30 3,876.23 -1,289.03 354.83 0.07
2013-03-31 5,292.54 -994.67 855.62
2012-12-31 7,383.38 -140.95 315.57 0.19
2012-09-30 9,425.38 -33.37 318.20 0.19

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Birla Cotsyn (India) has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Birla Cotsyn (India) has efficiently used its assets last year compared to the IN Luxury industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Birla Cotsyn (India) improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Birla Cotsyn (India)'s performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Birla Cotsyn (India) has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Birla Cotsyn (India)'s financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Birla Cotsyn (India)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Birla Cotsyn (India)'s short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Birla Cotsyn (India)'s cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Birla Cotsyn (India)'s finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Birla Cotsyn (India) has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Birla Cotsyn (India) Company Filings, last reported 1 year ago.

BSE:533006 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 -2,541.64 2,511.35 51.60
2017-03-31 -1,673.74 2,590.68 38.88
2016-03-31 -729.07 2,597.55 67.04
2015-03-31 -31.39 2,666.40 36.98
2014-03-31 1,569.70 2,697.31 27.94
2013-06-30 1,970.00 2,590.11 67.74
2013-03-31
2012-12-31 3,193.92 2,856.77 38.99
2012-09-30 3,193.92 2,856.77 38.99
  • Birla Cotsyn (India) has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Birla Cotsyn (India)'s debt level has increased considering it has negative shareholder equity.
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.

  • Whilst loss making Birla Cotsyn (India) has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Birla Cotsyn (India) has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -78.4% per year.
X
Financial health checks
We assess Birla Cotsyn (India)'s financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Birla Cotsyn (India) has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Birla Cotsyn (India)'s current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Birla Cotsyn (India) dividends.
If you bought ₹2,000 of Birla Cotsyn (India) shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Birla Cotsyn (India)'s dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Birla Cotsyn (India)'s dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:533006 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:533006 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2013-05-15 0.000 0.000
2013-02-13 0.000 0.000
2012-11-08 0.000 0.000
2012-08-22 0.000 0.000
2011-08-10 0.000 0.000
2010-08-10 0.038 5.943
2009-06-01 0.008 1.235
2009-04-20 0.042 11.817

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Birla Cotsyn (India) has not reported any payouts.
  • Unable to verify if Birla Cotsyn (India)'s dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Birla Cotsyn (India)'s earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Birla Cotsyn (India) has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Birla Cotsyn (India)'s dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Birla Cotsyn (India) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Birla Cotsyn (India) has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Birla Cotsyn (India)'s salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Satya Mathur
COMPENSATION ₹936,640
AGE 67
CEO Bio

Mr. Satya Kishore Mathur serves as a Manager at Birla Cotsyn (India) Limited.

CEO Compensation
  • Satya's compensation has increased whilst company is loss making.
  • Satya's remuneration is about average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Birla Cotsyn (India) management team in years:

11.3
Average Tenure
58
Average Age
  • The average tenure for the Birla Cotsyn (India) management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Satya Mathur

TITLE
COMPENSATION
₹937K
AGE
67

Vipin Varkhawat

TITLE
Chief Financial Officer
COMPENSATION
₹758K
TENURE
4.4 yrs

Vineeta Agarwal

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹264K

Sanjay Deshpande

TITLE
General Manager of Technical
AGE
53
TENURE
11.3 yrs

C. Rathi

TITLE
General Manager of Marketing
AGE
58
TENURE
17.6 yrs
Board of Directors Tenure

Average tenure and age of the Birla Cotsyn (India) board of directors in years:

3.8
Average Tenure
47.5
Average Age
  • The tenure for the Birla Cotsyn (India) board of directors is about average.
Board of Directors

Satyanarayan Baheti

TITLE
Non-Executive Independent Director
COMPENSATION
₹50K
AGE
65
TENURE
4.9 yrs

Rakesh Dixit

TITLE
Non Executive Non Independent Director
COMPENSATION
₹45K
AGE
63
TENURE
5.7 yrs

Ritesh Joshi

TITLE
Independent Director
COMPENSATION
₹50K
AGE
29
TENURE
2.8 yrs

Deepti Jain

TITLE
Independent Non-Executive Director
AGE
32
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Birla Cotsyn (India)'s management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Birla Cotsyn (India) has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Birla Cotsyn (India) Limited manufactures and sells cotton and synthetic yarns in India. The company offers ring spinning cotton yarns, weaving and knitting yarns, and ring spinning dyed yarns. It is also involved in weaving grey fabrics; ginning and pressing cotton bales; and fabric trading activities. The company also exports its products internationally. Birla Cotsyn (India) Limited was founded in 1932 and is based in Mumbai, India.

Details
Name: Birla Cotsyn (India) Limited
533006
Exchange: BSE
Founded: 1932
₹214,925,636
2,686,570,450
Website: http://www.birlacotsyn.com
Address: Birla Cotsyn (India) Limited
23, Birla Mansion No. 2,
1st Floor,
Mumbai,
Maharashtra, 400004,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 533006 Equity Shares Mumbai Stock Exchange IN INR 30. Jul 2008
Number of employees
Current staff
Staff numbers
0
Birla Cotsyn (India) employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 12:54
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2018/09/29
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.