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Aananda Lakshmi Spinning Mills

BSE:539096
Snowflake Description

Good value with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
539096
BSE
₹8M
Market Cap
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Last updated 2019/04/18 13:02
Company description

Aananda Lakshmi Spinning Mills Limited manufactures and sells textile products in India. The last earnings update was 72 days ago. More info.

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539096 Share Price and Events
7 Day Returns
0%
BSE:539096
1.4%
IN Luxury
1.7%
IN Market
1 Year Returns
-29.4%
BSE:539096
-3.3%
IN Luxury
0.1%
IN Market
539096 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Aananda Lakshmi Spinning Mills (539096) 0% -3.5% -8% -29.4% -49.7% -
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
  • 539096 underperformed the Luxury industry which returned -3.3% over the past year.
  • 539096 underperformed the Market in India which returned 0.1% over the past year.
Price Volatility
539096
Industry
5yr Volatility vs Market
Related Companies

539096 Value

 Is Aananda Lakshmi Spinning Mills 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 Aananda Lakshmi Spinning Mills 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 Aananda Lakshmi Spinning Mills.

BSE:539096 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:539096
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%) (4316.31%)) 		14.502
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:539096 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Aananda Lakshmi Spinning Mills 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:539096 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 24.75%)
2019 30.95 Est @ 12.75% 24.81
2020 34.41 Est @ 11.19% 22.11
2021 37.89 Est @ 10.1% 19.51
2022 41.42 Est @ 9.33% 17.10
2023 45.07 Est @ 8.8% 14.92
2024 48.86 Est @ 8.42% 12.96
2025 52.85 Est @ 8.16% 11.24
2026 57.07 Est @ 7.98% 9.73
2027 61.55 Est @ 7.85% 8.41
2028 66.33 Est @ 7.76% 7.27
Present value of next 10 years cash flows ₹148.07
BSE:539096 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹66.33 × (1 + 7.55%) ÷ (24.75% – 7.55%) 		₹414.73
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹414.73 ÷ (1 + 24.75%)10 		₹45.43
BSE:539096 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹148.07 + ₹45.43 		₹193.50
Equity Value per Share
(INR)		 = Total value / Shares Outstanding
= ₹193.50 / 3.50 		₹55.3
BSE:539096 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹55.30
Current discount Discount to share price of ₹2.19
= -1 x (₹2.19 - ₹55.30) / ₹55.30 		96%

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

Current Discount
Amount off the current price Aananda Lakshmi Spinning Mills is available for.
Intrinsic value
>50%
Share price is ₹2.19 vs Future cash flow value of ₹55.3
Current Discount Checks
For Aananda Lakshmi Spinning Mills to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Aananda Lakshmi Spinning Mills's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Aananda Lakshmi Spinning Mills'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 Aananda Lakshmi Spinning Mills's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Aananda Lakshmi Spinning Mills's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:539096 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹9.15
BSE:539096 Share Price ** BSE (2019-04-09) in INR ₹2.19
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 Aananda Lakshmi Spinning Mills.

BSE:539096 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:539096 Share Price ÷ EPS (both in INR)

= 2.19 ÷ 9.15

 0.24x

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

  • Aananda Lakshmi Spinning Mills is good value based on earnings compared to the IN Luxury industry average.
  • Aananda Lakshmi Spinning Mills is good value based on earnings compared to the India market.
Price based on expected Growth
Does Aananda Lakshmi Spinning Mills's expected growth come at a high price?
Raw Data
BSE:539096 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 Aananda Lakshmi Spinning Mills, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Aananda Lakshmi Spinning Mills's assets?
Raw Data
BSE:539096 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹-64.52
BSE:539096 Share Price * BSE (2019-04-09) in INR ₹2.19
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:539096 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:539096 Share Price ÷ Book Value per Share (both in INR)

= 2.19 ÷ -64.52

 -0.03x

* Primary Listing of Aananda Lakshmi Spinning Mills.

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

  • Aananda Lakshmi Spinning Mills has negative assets, we can't compare the value of its assets to the IN Luxury industry average.
Show me more potentially undervalued companies in the Luxury industry
X
Value checks
We assess Aananda Lakshmi Spinning Mills'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. Aananda Lakshmi Spinning Mills has a total score of 4/6, 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.

539096 Future Performance

 How is Aananda Lakshmi Spinning Mills 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 Aananda Lakshmi Spinning Mills 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 Aananda Lakshmi Spinning Mills expected to grow at an attractive rate?
  • Unable to compare Aananda Lakshmi Spinning Mills's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Aananda Lakshmi Spinning Mills's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Aananda Lakshmi Spinning Mills's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:539096 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:539096 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:539096 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 6 32
2018-09-30 0 9
2018-06-30 0 -12
2018-03-31 3 28 -44
2017-12-31 7 -122
2017-09-30 52 -152
2017-06-30 219 -169
2017-03-31 380 25 -164
2016-12-31 570 -174
2016-09-30 736 -135
2016-06-30 811 -101
2016-03-31 851 14 -90

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Aananda Lakshmi Spinning Mills is high growth as no earnings estimate data is available.
  • Unable to determine if Aananda Lakshmi Spinning Mills 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:539096 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 Aananda Lakshmi Spinning Mills Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:539096 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 9.15
2018-09-30 2.62
2018-06-30 -3.50
2018-03-31 -12.47
2017-12-31 -34.97
2017-09-30 -43.31
2017-06-30 -48.21
2017-03-31 -46.90
2016-12-31 -49.80
2016-09-30 -38.47
2016-06-30 -28.86
2016-03-31 -25.63

*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 Aananda Lakshmi Spinning Mills will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Aananda Lakshmi Spinning Mills is trading at Aananda Lakshmi Spinning Mills'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Aananda Lakshmi Spinning Mills'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. Aananda Lakshmi Spinning Mills'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 Aananda Lakshmi Spinning Mills'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.
Aananda Lakshmi Spinning Mills 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.

539096 Past Performance

  How has Aananda Lakshmi Spinning Mills 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 Aananda Lakshmi Spinning Mills'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.
  • Aananda Lakshmi Spinning Mills's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Aananda Lakshmi Spinning Mills has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Aananda Lakshmi Spinning Mills has become profitable in the last year making it difficult to compare the IN Luxury industry average.
Earnings and Revenue History
Aananda Lakshmi Spinning Mills'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 Aananda Lakshmi Spinning Mills Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:539096 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 6.16 32.03 4.24
2018-09-30 0.00 9.17 4.99
2018-06-30 0.00 -12.24 9.01
2018-03-31 2.69 -43.64 14.29
2017-12-31 7.44 -122.34 16.36
2017-09-30 52.37 -151.56 24.21
2017-06-30 218.59 -168.70 38.79
2017-03-31 379.50 -164.10 53.99
2016-12-31 570.21 -174.31 72.18
2016-09-30 736.06 -134.64 84.30
2016-06-30 811.33 -100.98 86.07
2016-03-31 851.42 -89.67 86.46
2015-12-31 924.00 -46.62 118.53
2015-09-30 961.69 -26.74 117.84
2015-06-30 985.40 -14.42 118.88
2015-03-31 989.01 1.57 82.97
2014-03-31 1,116.94 0.16 111.19

*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 Aananda Lakshmi Spinning Mills 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 Aananda Lakshmi Spinning Mills 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 Aananda Lakshmi Spinning Mills 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 Aananda Lakshmi Spinning Mills'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.
Aananda Lakshmi Spinning Mills 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.

539096 Health

 How is Aananda Lakshmi Spinning Mills'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 Aananda Lakshmi Spinning Mills's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Aananda Lakshmi Spinning Mills's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Aananda Lakshmi Spinning Mills's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Aananda Lakshmi Spinning Mills'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.
  • Aananda Lakshmi Spinning Mills 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 Aananda Lakshmi Spinning Mills Company Filings, last reported 3 months ago.

BSE:539096 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -225.76 330.78 10.43
2018-09-30 -225.76 330.78 10.43
2018-06-30 -219.28 332.11 0.64
2018-03-31 -219.28 387.10 0.41
2017-12-31
2017-09-30 -239.61 334.98 1.38
2017-06-30 -180.29 375.53 1.31
2017-03-31 -176.59 373.78 1.31
2016-12-31 -90.26 343.08 0.61
2016-09-30 -90.26 343.08 0.61
2016-06-30 -18.01 388.64 2.05
2016-03-31 -18.01 388.64 2.05
2015-12-31 44.38 337.29 1.44
2015-09-30 44.38 337.29 1.44
2015-06-30 71.67 366.60 24.20
2015-03-31 71.67 366.60 24.20
2014-03-31 75.98 280.89 10.10
  • Aananda Lakshmi Spinning Mills has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Aananda Lakshmi Spinning Mills's debt level has increased considering it has negative shareholder equity.
  • Debt is not well covered by operating cash flow (8.5%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Aananda Lakshmi Spinning Mills's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Aananda Lakshmi Spinning Mills'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. Aananda Lakshmi Spinning Mills has a total score of 0/6, 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.

539096 Dividends

 What is Aananda Lakshmi Spinning Mills'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 Aananda Lakshmi Spinning Mills dividends.
If you bought ₹2,000 of Aananda Lakshmi Spinning Mills 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 Aananda Lakshmi Spinning Mills's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Aananda Lakshmi Spinning Mills'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:539096 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.

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

  • Unable to perform a dividend volatility check as Aananda Lakshmi Spinning Mills has not reported any payouts.
  • Unable to verify if Aananda Lakshmi Spinning Mills's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Aananda Lakshmi Spinning Mills's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Aananda Lakshmi Spinning Mills 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 Aananda Lakshmi Spinning Mills'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 Aananda Lakshmi Spinning Mills afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Aananda Lakshmi Spinning Mills 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.

539096 Management

 What is the CEO of Aananda Lakshmi Spinning Mills'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
Devender Agarwal
COMPENSATION ₹3,537,000
AGE 51
TENURE AS CEO 4.6 years
CEO Bio

Mr. Devender Kumar Agarwal has been a Managing Director at Aananda Lakshmi Spinning Mills Limited since September 3, 2014 and serves as its Chief Financial Officer. Mr. Agarwal served as a Whole-time Director of Suryavanshi Spinning Mills Limited since May 30, 2012 until March 31, 2015. Mr. Agarwal has wide experience in Marketing Operations and has been associated with Suryavanshi Spinning Mills for 13 years. He holds Directorships with Suryavanshi Textiles Limited and Suryavanshi Industries Limited. He served as a Non-Executive Director at Suryavanshi Spinning Mills Limited since September 6, 1994. He has been a Director at Aananda Lakshmi Spinning Mills Limited since March 21, 2013. Mr. Agarwal graduated in Commerce.

CEO Compensation
  • Devender's compensation has increased in line with Aananda Lakshmi Spinning Mills recently becoming profitable.
  • Devender's remuneration is higher than average for companies of similar size in India.
Management Team

Devender Agarwal

TITLE
MD, CFO & Director
COMPENSATION
₹4M
AGE
51
TENURE
4.6 yrs
Board of Directors Tenure

Average tenure and age of the Aananda Lakshmi Spinning Mills board of directors in years:

5.3
Average Tenure
54
Average Age
  • The tenure for the Aananda Lakshmi Spinning Mills board of directors is about average.
Board of Directors

Devender Agarwal

TITLE
MD, CFO & Director
COMPENSATION
₹4M
AGE
51
TENURE
6.1 yrs

Manish Gupta

TITLE
Independent Director
COMPENSATION
₹27K
TENURE
5.3 yrs

Surender Agarwal

TITLE
Independent Director
COMPENSATION
₹22K
TENURE
5.3 yrs

Jeetender Agarwal

TITLE
Director
AGE
54
TENURE
6.1 yrs

Sushma Gupta

TITLE
Independent Director
COMPENSATION
₹14K
AGE
55
TENURE
4.1 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 Aananda Lakshmi Spinning Mills'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. Aananda Lakshmi Spinning Mills 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.

539096 News

Simply Wall St News

539096 Company Info

Description

Aananda Lakshmi Spinning Mills Limited manufactures and sells textile products in India. The company offers grey yarns, including cotton combed and carded, cotton/polyester blended spun, and polyester/viscose blended spun yarns for use in sports wear, inner wear, sweater, socks, and casual wear. It also provides specialty yarns comprising cotton, cotton/viscose, cotton/polyester, and polyester/viscose mélange yarns; grindle yarns; doubled yarns; and slub/fancy yarns. Aananda Lakshmi Spinning Mills Limited was incorporated in 2013 and is based in Secunderabad, India.

Details
Name: Aananda Lakshmi Spinning Mills Limited
539096
Exchange: BSE
Founded: 2013
₹7,663,401
3,499,270
Website: http://www.aanandalakshmi.com
Address: Aananda Lakshmi Spinning Mills Limited
Surya Towers,
6th Floor,
Secunderabad,
Andhra Pradesh, 500003,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 539096 Equity Shares Mumbai Stock Exchange IN INR 20. Apr 2015
Number of employees
Current staff
Staff numbers
373
Aananda Lakshmi Spinning Mills employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 13:02
End of day share price update: 2019/04/09 00:00
Last earnings filing: 2019/02/05
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.

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