BSE:539985

Stock Analysis Report

Titaanium Ten Enterprise

Executive Summary

Titaanium Ten Enterprise Limited manufactures and sells yarn and fabrics in India.

Rewards

PE ratio (3.8x) is below the Indian market (13.4x)

Earnings grew by 72.3% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Does not have a meaningful market cap (₹31M)



Snowflake Analysis

Solid track record and fair value.


Similar Companies

Share Price & News

How has Titaanium Ten Enterprise's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 539985 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

539985

1.1%

IN Luxury

-0.8%

IN Market


1 Year Return

-58.0%

539985

18.4%

IN Luxury

11.1%

IN Market

Return vs Industry: 539985 underperformed the Indian Luxury industry which returned 16.6% over the past year.

Return vs Market: 539985 underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

539985IndustryMarket
7 Day0%1.1%-0.8%
30 Day0%3.3%-2.3%
90 Dayn/a9.6%2.1%
1 Year-58.0%-58.0%19.2%18.4%13.1%11.1%
3 Year-72.4%-72.4%54.9%51.5%22.9%16.2%
5 Yearn/a106.1%99.4%34.9%22.6%

Price Volatility Vs. Market

How volatile is Titaanium Ten Enterprise's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Titaanium Ten Enterprise undervalued compared to its fair value and its price relative to the market?

3.75x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 539985's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 539985's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 539985 is good value based on its PE Ratio (3.8x) compared to the Luxury industry average (11.1x).

PE vs Market: 539985 is good value based on its PE Ratio (3.8x) compared to the Indian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 539985's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 539985 is good value based on its PB Ratio (0.3x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Titaanium Ten Enterprise forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.8%

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 Titaanium Ten Enterprise 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 Titaanium Ten Enterprise performed over the past 5 years?

26.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 539985 has high quality earnings.

Growing Profit Margin: 539985's current net profit margins (0.4%) are higher than last year (0.4%).


Past Earnings Growth Analysis

Earnings Trend: 539985's earnings have grown significantly by 26.9% per year over the past 5 years.

Accelerating Growth: 539985's earnings growth over the past year (72.3%) exceeds its 5-year average (26.9% per year).

Earnings vs Industry: 539985 earnings growth over the past year (72.3%) exceeded the Luxury industry 2.5%.


Return on Equity

High ROE: 539985's Return on Equity (7.1%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Titaanium Ten Enterprise's financial position?


Financial Position Analysis

Short Term Liabilities: 539985's short term assets (₹479.5M) exceed its short term liabilities (₹355.3M).

Long Term Liabilities: 539985's short term assets (₹479.5M) exceed its long term liabilities (₹84.0M).


Debt to Equity History and Analysis

Debt Level: 539985's debt to equity ratio (249.5%) is considered high.

Reducing Debt: 539985's debt to equity ratio has reduced from 628% to 249.5% over the past 5 years.

Debt Coverage: 539985's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 539985's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet

Inventory Level: 539985 has a high level of physical assets or inventory.

Debt Coverage by Assets: 539985's debt is covered by short term assets (assets are 1.6x debt).


Next Steps

Dividend

What is Titaanium Ten Enterprise's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 539985's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 539985'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 539985's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 539985'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 539985'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?

3.8yrs

Average management tenure


CEO

Tejuskumar Kapadia (50yo)

3.8yrs

Tenure

₹420,000

Compensation

Mr. Tejuskumar Rohitbhai Kapadia has been the Chief Executive Officer of Titanium Ten Enterprise Limited since May 6, 2016. Mr. Kapadia is responsible for looking after the strategic growth of Titanium Ten ...


CEO Compensation Analysis

Compensation vs Market: Tejuskumar's total compensation ($USD5.87K) is below average for companies of similar size in the Indian market ($USD50.21K).

Compensation vs Earnings: Tejuskumar's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ilaben Kapadia
Chairperson0.5yrsno data28.53% 8.9m
Tejuskumar Kapadia
Chief Executive Officer3.8yrs₹420.00k4.78% 1.5m
Mineshkumar Shah
Chief Financial Officer3.8yrs₹328.90kno data
Ankita Bhikadia
Company Secretary & Compliance Officer2.5yrs₹180.00kno data
Bhaskar Avcher
Senior Sales Manager0yrsno datano data
Rakesh Kapadia
Head of Payment Collection Division0yrsno datano data

3.8yrs

Average Tenure

52yo

Average Age

Experienced Management: 539985's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ilaben Kapadia
Chairperson0.5yrsno data28.53% 8.9m
Nidhi Joshi
Independent & Non-Executive Director3.8yrsno datano data
Shhalu Kapadia
Non-Executive Director2.8yrsno data2.64% 819.2k
Kantilal Patel
Non-Executive & Independent Director2.3yrsno datano data

2.5yrs

Average Tenure

Experienced Board: 539985's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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

Titaanium Ten Enterprise Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Titaanium Ten Enterprise Limited
  • Ticker: 539985
  • Exchange: BSE
  • Founded: 2008
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹31.086m
  • Shares outstanding: 6.73m
  • Website: https://www.titaaniumten.co.in

Number of Employees


Location

  • Titaanium Ten Enterprise Limited
  • Bharat Tin Works Building
  • 1st Floor
  • Mumbai
  • Maharashtra
  • 400059
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
539985BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2016

Biography

Titaanium Ten Enterprise Limited manufactures and sells yarn and fabrics in India. It offers a range of polyester partially oriented yarns for use in shirting and suiting, sarees, ladies dress material, and in knitwear; and draw textured yarn for use in outer and inner garments, skin clinging garments, home and office furnishings, regular use upholstery, etc. The company also provides fully drawn yarns used in home furnishing, fashion garments, denim, terry towel, and others; tenacity yarns for industrial applications; polyester mono yarn used in knitting and weaving, home textiles, and making of webbing; natural spun polyester yarns for various household applications; and polyester staple fiber. In addition, it offers synthetic fabrics; and it manufactures and sells chemicals. Further, the company trades in yarn, grey cloth, and knitted fabrics. Titaanium Ten Enterprise Limited was incorporated in 2008 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 13:12
End of Day Share Price2019/11/29 00:00
Earnings2019/09/30
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.