BSE:539300

Stock Analysis Report

Executive Summary

A.K. Spintex Limited engages in the fabric processing activities in India.


Snowflake Analysis

Excellent balance sheet and slightly overvalued.

Share Price & News

How has A.K. Spintex's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 539300 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.9%

539300

-0.5%

IN Luxury

-1.5%

IN Market


1 Year Return

1.9%

539300

18.2%

IN Luxury

10.7%

IN Market

Return vs Industry: 539300 underperformed the Indian Luxury industry which returned 18.2% over the past year.

Return vs Market: 539300 underperformed the Indian Market which returned 10.7% over the past year.


Shareholder returns

539300IndustryMarket
7 Day-3.9%-0.5%-1.5%
30 Day71.3%3.0%-2.7%
90 Dayn/a9.2%1.3%
1 Year1.9%1.9%19.0%18.2%12.7%10.7%
3 Year-45.6%-45.6%52.2%48.8%22.0%15.1%
5 Yearn/a106.9%100.1%34.5%22.0%

Price Volatility Vs. Market

How volatile is A.K. Spintex's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is A.K. Spintex undervalued compared to its fair value and its price relative to the market?

7.97x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 539300's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 539300's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 539300 is good value based on its PE Ratio (8x) compared to the Luxury industry average (11.2x).

PE vs Market: 539300 is good value based on its PE Ratio (8x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 539300's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 539300 is overvalued based on its PB Ratio (0.7x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is A.K. Spintex forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.9%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as A.K. Spintex has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has A.K. Spintex performed over the past 5 years?

17.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 539300 has high quality earnings.

Growing Profit Margin: 539300's current net profit margins (2.7%) are lower than last year (4.9%).


Past Earnings Growth Analysis

Earnings Trend: 539300's earnings have grown by 17.6% per year over the past 5 years.

Accelerating Growth: 539300's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 539300 had negative earnings growth (-39.8%) over the past year, making it difficult to compare to the Luxury industry average (5.6%).


Return on Equity

High ROE: 539300's Return on Equity (8.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is A.K. Spintex's financial position?


Financial Position Analysis

Short Term Liabilities: 539300's short term assets (₹218.1M) exceed its short term liabilities (₹167.2M).

Long Term Liabilities: 539300's short term assets (₹218.1M) exceed its long term liabilities (₹66.6M).


Debt to Equity History and Analysis

Debt Level: 539300's debt to equity ratio (49.6%) is considered high.

Reducing Debt: 539300's debt to equity ratio has reduced from 136.9% to 49.6% over the past 5 years.

Debt Coverage: 539300's debt is well covered by operating cash flow (44.8%).

Interest Coverage: 539300's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet

Inventory Level: 539300 has a high level of physical assets or inventory.

Debt Coverage by Assets: 539300's debt is covered by short term assets (assets are 2.2x debt).


Next Steps

Dividend

What is A.K. Spintex's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 539300's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 539300's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 539300's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 539300's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 539300's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average board tenure


CEO

Prakash Chand Chhabra (54yo)

₹3,600,000

Compensation

Mr. Prakash Chand Chhabra serves as the Chairman and Managing Director at A.K. Spintex Limited. Mr. Chhabra is market leader and very experience person in textile Business having more than 30 year experien ...


CEO Compensation Analysis

Compensation vs Market: Prakash Chand's total compensation ($USD50.31K) is about average for companies of similar size in the Indian market ($USD50.34K).

Compensation vs Earnings: Prakash Chand's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Prakash Chand Chhabra
Chairman & MD0yrs₹3.60mno data
Tilok Chand Chhabra
Whole Time Director0yrsno data17.8% 25.8m
Saurabh Chhabra
Executive Director0yrsno data5.08% 7.4m
Sandeep Hinger
Independent Non Executive Director5.8yrsno datano data
Praveen Kothari
Independent Non Executive Director5.8yrsno datano data
Divya Kothari
Independent Woman Director5.8yrsno datano data
Dipak Karwa
Additional Director0yrsno datano data

5.8yrs

Average Tenure

35yo

Average Age

Experienced Board: 539300's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

A.K. Spintex Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: A.K. Spintex Limited
  • Ticker: 539300
  • Exchange: BSE
  • Founded: 1994
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹144.914m
  • Shares outstanding: 5.03m
  • Website: https://www.akspintex.com

Location

  • A.K. Spintex Limited
  • 14th K.M. Stone
  • Chittorgarh Road
  • Bhilwara
  • Rajasthan
  • 311001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
539300BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 2015

Biography

A.K. Spintex Limited engages in the fabric processing activities in India. It processes manmade and cotton fabrics. The company was incorporated in 1994 and is headquartered in Bhilwara, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 13:15
End of Day Share Price2020/02/19 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.