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Pradip Overseas

BSE:533178
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
533178
BSE
₹69M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Pradip Overseas Limited manufactures and exports home textiles, home decors, and home furnishings in India and internationally. The last earnings update was 65 days ago. More info.


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533178 Share Price and Events
7 Day Returns
3.5%
BSE:533178
1.4%
IN Luxury
1.7%
IN Market
1 Year Returns
-5.7%
BSE:533178
-3.3%
IN Luxury
0.1%
IN Market
533178 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pradip Overseas (533178) 3.5% -1.3% 5% -5.7% -5.1% -62.2%
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
  • 533178 underperformed the Luxury industry which returned -3.3% over the past year.
  • 533178 underperformed the Market in India which returned 0.1% over the past year.
Price Volatility
533178
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Pradip Overseas 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.

In this section, we usually try to help investors determine whether Pradip Overseas is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Pradip Overseas has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Pradip Overseas. This is due to cash flow or dividend data being unavailable. The share price is ₹1.48.
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 Pradip Overseas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pradip Overseas's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:533178 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-10.62
BSE:533178 Share Price ** BSE (2019-04-18) in INR ₹1.48
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 Pradip Overseas.

BSE:533178 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:533178 Share Price ÷ EPS (both in INR)

= 1.48 ÷ -10.62

-0.14x

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

  • Pradip Overseas is loss making, we can't compare its value to the IN Luxury industry average.
  • Pradip Overseas is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Pradip Overseas's expected growth come at a high price?
Raw Data
BSE:533178 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.14x
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 Pradip Overseas, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Pradip Overseas's assets?
Raw Data
BSE:533178 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹-183.53
BSE:533178 Share Price * BSE (2019-04-18) in INR ₹1.48
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:533178 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:533178 Share Price ÷ Book Value per Share (both in INR)

= 1.48 ÷ -183.53

-0.01x

* Primary Listing of Pradip Overseas.

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

  • Pradip Overseas has negative assets, we can't compare the value of its assets to the IN Luxury industry average.

Next steps:

  1. Take a look at our analysis of 533178’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. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Pradip Overseas's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Luxury industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Pradip Overseas'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. Pradip Overseas has a total score of 0/6, 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 Pradip Overseas 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 Pradip Overseas 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 Pradip Overseas expected to grow at an attractive rate?
  • Unable to compare Pradip Overseas's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Pradip Overseas's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Pradip Overseas's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:533178 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:533178 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months 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:533178 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 1,033 -513
2018-09-30 1,023 -529
2018-06-30 1,006 -574
2018-03-31 1,035 24 -143
2017-12-31 1,196 -1,947
2017-09-30 1,399 -1,928
2017-06-30 1,465 -1,989
2017-03-31 1,598 -653 -1,985
2016-12-31 1,890 -1,146
2016-09-30 1,974 -1,563
2016-06-30 2,240 -2,404
2016-03-31 2,377 1,400 -2,810

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Pradip Overseas is high growth as no earnings estimate data is available.
  • Unable to determine if Pradip Overseas 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:533178 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Pradip Overseas Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:533178 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 -10.62
2018-09-30 -10.97
2018-06-30
2018-03-31 -2.95
2017-12-31 -40.03
2017-09-30 -39.96
2017-06-30 -40.95
2017-03-31 -40.99
2016-12-31
2016-09-30
2016-06-30
2016-03-31 -58.00

*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 Pradip Overseas will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 533178’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. Pradip Overseas'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. Pradip Overseas'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 Pradip Overseas'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.
Pradip Overseas 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 Pradip Overseas performed over the past 5 years?

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 Pradip Overseas'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.
  • Pradip Overseas does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Pradip Overseas's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Pradip Overseas's 1-year growth to the IN Luxury industry average as it is not currently profitable.
Earnings and Revenue History
Pradip Overseas'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 Pradip Overseas Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:533178 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,032.76 -512.64 60.64
2018-09-30 1,022.62 -529.48 60.88
2018-06-30 1,006.13 -573.99 60.99
2018-03-31 1,035.11 -142.69 60.82
2017-12-31 1,196.04 -1,946.64 41.98
2017-09-30 1,399.09 -1,927.93 50.90
2017-06-30 1,464.59 -1,989.15 48.28
2017-03-31 1,598.39 -1,985.49 48.15
2016-12-31 1,889.84 -1,145.53 41.35
2016-09-30 1,974.04 -1,563.18 39.94
2016-06-30 2,240.49 -2,403.74 42.23
2016-03-31 2,377.09 -2,809.76 43.58
2015-12-31 2,026.59 -4,998.13 2,762.04
2015-09-30 1,731.14 -4,840.08 2,761.81
2015-06-30 1,442.69 -4,236.40 2,759.98
2015-03-31 2,398.43 -4,135.02 46.41
2014-12-31 3,535.43 -1,007.00 173.44
2014-09-30 4,965.65 -1,784.66 173.70
2014-06-30 5,916.92 -1,725.04 174.10
2014-03-31 5,985.67 -1,696.56 172.50
2013-12-31 6,370.18 -1,828.99 216.10
2013-09-30 8,527.93 -1,388.01 229.53
2013-06-30 8,181.31 -1,430.45 222.56
2013-03-31 9,429.34 -1,126.35 227.33
2012-12-31 10,484.84 -1,239.11 68.65
2012-09-30 11,602.07 -1,504.24 78.78
2012-06-30 13,761.93 -856.49 353.42

*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 Pradip Overseas 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 Pradip Overseas 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 Pradip Overseas improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Pradip Overseas'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.
Pradip Overseas 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 Pradip Overseas'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 Pradip Overseas's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Pradip Overseas is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Pradip Overseas's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Pradip Overseas'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.
  • Pradip Overseas 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 Pradip Overseas Company Filings, last reported 3 months ago.

BSE:533178 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -8,891.72 14,215.26 4.35
2018-09-30 -8,891.72 14,215.26 4.35
2018-06-30 -8,461.99 14,186.15 10.77
2018-03-31 -8,461.99 14,186.15 10.77
2017-12-31 -8,735.90 14,194.82 12.70
2017-09-30 -8,735.90 14,194.82 12.70
2017-06-30 -8,259.24 14,146.87 16.12
2017-03-31 -8,319.60 14,125.37 14.16
2016-12-31 -6,374.03 14,470.67 32.90
2016-09-30 -6,374.03 14,470.67 32.90
2016-06-30 -6,279.91 14,421.97 12.57
2016-03-31 -6,279.91 14,421.97 12.57
2015-12-31 -4,810.84 14,596.19 9.85
2015-09-30 -4,810.84 14,596.19 9.85
2015-06-30 -3,470.15 14,944.65 12.34
2015-03-31 -3,470.15 14,944.65 12.34
2014-12-31 7.51 13,436.22 254.22
2014-09-30 7.51 13,436.22 254.22
2014-06-30 269.18 13,524.79 45.06
2014-03-31 269.18 13,524.79 45.06
2013-12-31 1,167.57 13,053.05 88.03
2013-09-30 1,167.57 13,053.05 88.03
2013-06-30 1,715.10 12,295.68 85.61
2013-03-31 1,715.10 12,295.68 85.61
2012-12-31 2,271.91 9,281.03 230.74
2012-09-30 2,271.91 9,281.03 230.74
2012-06-30 2,841.45 10,562.47 721.77
  • Pradip Overseas has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Pradip Overseas'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 Pradip Overseas has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Pradip Overseas has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 96.8% per year.
X
Financial health checks
We assess Pradip Overseas'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. Pradip Overseas 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 Pradip Overseas'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 Pradip Overseas dividends.
If you bought ₹2,000 of Pradip Overseas 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 Pradip Overseas's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Pradip Overseas'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:533178 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:533178 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2013-06-03 0.000 0.000
2013-02-14 0.000 0.000
2011-06-29 0.833 1.444
2011-06-27 0.833 1.141
2010-10-11 0.833 1.259

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

  • Unable to perform a dividend volatility check as Pradip Overseas has not reported any payouts.
  • Unable to verify if Pradip Overseas's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Pradip Overseas's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Pradip Overseas 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 Pradip Overseas'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 Pradip Overseas afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pradip Overseas 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 Pradip Overseas'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
Pradipkumar Karia
COMPENSATION ₹1,200,000
AGE 58
TENURE AS CEO 11.6 years
CEO Bio

Mr. Pradipkumar J. Karia has been the Chairman and Managing Director of Pradip Overseas Limited since September 19, 2007 and has also been its Chairman since June 29, 2005. Mr. Karia plays a major role in financial decisions and negotiations with suppliers, marketing and business promotion. All the export orders are financially managed under his guidance. He commenced his career in textile business in 1985. He established a partnership firm M/s. Anu Impex in the year 1993 to carry out the business of supply of Home Linen Products to merchant exporters. Further another partnership firm under the name and style of M/s. Pradip Exports was established by him in the year 1995 to carry on similar business. He gained experience in marketing, he then shifted to processing and manufacturing of Home Linen Products by setting up of factory at Village Changodar, Ahmedabad, Gujarat in erstwhile Pradip Overseas Limited (now Pradip Enterprises Limited). He has more than 23 years experience in retailing, marketing, business promotion and manufacturing of textile products, of which 15 years is in the Home Linen Products. In the year 2008, Mr. Karia was presented with the Indira Gandhi Sadbhavna Award for outstanding individual achievements and distinguished services to the Nation by Governor of Bihar. His vision, leadership and directions has been instrumental in Pradip’s growth. He is also involved in the business of trading of agro-products and real estate. Mr. Karia serves as Executive Director of Pradip Overseas Limited. He holds a Bachelors degree in Commerce from Gujarat University.

CEO Compensation
  • Pradipkumar's compensation has been consistent with company performance over the past year.
  • Pradipkumar's remuneration is about average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Pradip Overseas management team in years:

11.5
Average Tenure
55
Average Age
  • The average tenure for the Pradip Overseas management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Pradipkumar Karia

TITLE
Chairman & MD
COMPENSATION
₹1M
AGE
58
TENURE
11.6 yrs

Amit Thakkar

TITLE
President
AGE
45

Vishal Karia

TITLE
CFO & Wholetime Director
COMPENSATION
₹900K
AGE
38

Anand Shiplkar

TITLE
Vice President of Technical
AGE
63
TENURE
12.1 yrs

Alakh Saboo

TITLE
Vice President of HRD & Administration
AGE
60

Chetan Kumar Karia

TITLE
Whole Time Director
COMPENSATION
₹900K
AGE
55

Anil Agarwal

TITLE
Vice President of Production
AGE
50
TENURE
11.5 yrs

Nigambhai Sathavara

TITLE
Company Secretary & Compliance Officer
TENURE
0.7 yrs
Board of Directors Tenure

Average tenure and age of the Pradip Overseas board of directors in years:

12.7
Average Tenure
56.5
Average Age
  • The average tenure for the Pradip Overseas board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Pradipkumar Karia

TITLE
Chairman & MD
COMPENSATION
₹1M
AGE
58
TENURE
13.8 yrs

Vishal Karia

TITLE
CFO & Wholetime Director
COMPENSATION
₹900K
AGE
38
TENURE
13.8 yrs

Chetan Kumar Karia

TITLE
Whole Time Director
COMPENSATION
₹900K
AGE
55
TENURE
13.8 yrs

Jivan Negi

TITLE
Non-Executive Independent Director
COMPENSATION
₹60K
AGE
60
TENURE
11.5 yrs

Gurpur Kamath

TITLE
Non-Executive Independent Director
COMPENSATION
₹60K
AGE
72
TENURE
11.5 yrs

Zalpa Rathod

TITLE
Additional Non-Executive Independent Woman Director
AGE
24
TENURE
0.9 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 Pradip Overseas'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. Pradip Overseas 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

Pradip Overseas Limited manufactures and exports home textiles, home decors, and home furnishings in India and internationally. It offers towels, comforters, cushions, flannels, jerseys, readymade garments, and seersuckers; and home furnishing products, such as table linens, bed spreads, quilts, cushion covers, and curtains, as well as cotton and micro products. The company was founded in 1980 and is based in Ahmedabad, India.

Details
Name: Pradip Overseas Limited
533178
Exchange: BSE
Founded: 1980
₹69,269,461
48,440,183
Website: http://www.pradipoverseas.com
Address: Pradip Overseas Limited
A/601, Narnarayan Complex,
Swastik Cross Roads,
Ahmedabad,
Gujarat, 380009,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 533178 Equity Shares Mumbai Stock Exchange IN INR 05. Apr 2010
NSEI PRADIP Equity Shares National Stock Exchange of India IN INR 05. Apr 2010
Number of employees
Current staff
Staff numbers
143
Pradip Overseas employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 12:56
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/02/12
Last earnings reported: 2018/12/31
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.