Shiva Mills
Market Cap
₹267.9m
Last Updated
2020/02/18 13:18 UTC
Data Sources
Company Financials
Executive Summary
Shiva Mills Limited manufactures and markets cotton yarns in India.
Risk Analysis
+ 1 more risk
Snowflake Analysis
Second-rate dividend payer with imperfect balance sheet.
Share Price & News
How has Shiva Mills's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 540961 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-3.9%
540961
-0.5%
IN Luxury
-1.5%
IN Market
1 Year Return
-39.2%
540961
18.2%
IN Luxury
10.7%
IN Market
Return vs Industry: 540961 underperformed the Indian Luxury industry which returned 18.4% over the past year.
Return vs Market: 540961 underperformed the Indian Market which returned 11.1% over the past year.
Shareholder returns
| 540961 | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.9% | -0.5% | -1.5% |
| 30 Day | -8.8% | 3.0% | -2.7% |
| 90 Day | -0.8% | 9.2% | 1.3% |
| 1 Year | -36.9%-39.2% | 19.0%18.2% | 12.7%10.7% |
| 3 Year | n/a | 52.2%48.8% | 22.0%15.1% |
| 5 Year | n/a | 106.9%100.1% | 34.5%22.0% |
Price Volatility Vs. Market
How volatile is Shiva Mills's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Shiva Mills undervalued compared to its fair value and its price relative to the market?
19.31x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 540961 (₹31) is trading above our estimate of fair value (₹13.23)
Significantly Below Fair Value: 540961 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 540961 is poor value based on its PE Ratio (19.3x) compared to the Luxury industry average (11.1x).
PE vs Market: 540961 is poor value based on its PE Ratio (19.3x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 540961's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 540961 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 Shiva Mills 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 Shiva 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 SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of 540961’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.
- Shiva Mills competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Shiva Mills performed over the past 5 years?
-80.0%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: 540961 has high quality earnings.
Growing Profit Margin: 540961's current net profit margins (0.8%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 540961's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: 540961's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 540961 had negative earnings growth (-80%) over the past year, making it difficult to compare to the Luxury industry average (2.7%).
Return on Equity
High ROE: 540961's Return on Equity (1.7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Shiva Mills's financial position?
Financial Position Analysis
Short Term Liabilities: 540961's short term assets (₹710.9M) exceed its short term liabilities (₹631.2M).
Long Term Liabilities: 540961's short term assets (₹710.9M) exceed its long term liabilities (₹63.1M).
Debt to Equity History and Analysis
Debt Level: 540961's debt to equity ratio (57.2%) is considered high.
Reducing Debt: Insufficient data to determine if 540961's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 540961's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540961's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
Inventory Level: 540961 has a high level of physical assets or inventory.
Debt Coverage by Assets: 540961's debt is covered by short term assets (assets are 1.5x debt).
Next Steps
Dividend
What is Shiva Mills's current dividend yield, its reliability and sustainability?
4.52%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 540961's dividend (4.52%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: 540961's dividend (4.52%) is in the top 25% of dividend payers in the Indian market (2.55%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 540961's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 540961's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (87.4%), 540961's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average board tenure
CEO
S. Alagappan (77yo)
Mr. S. V. Alagappan, B.Com., BL serves as Chairman of Shiva Texyarn Ltd. He served as Managing Director of Shiva Texyarn Ltd. from June 26, 2010 to August 31, 2017. Mr. Alagappan was a Promoter of Bannari ...
CEO Compensation Analysis
Compensation vs Market: S.'s total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD50.25K).
Compensation vs Earnings: Insufficient data to compare S.'s compensation with company performance.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 0yrs | no data | 0.25% ₹675.2k | |
| Joint MD & Executive Director | 2.5yrs | no data | 0.0063% ₹16.7k | |
| Non-Executive Independent Director | 2.5yrs | ₹65.00k | no data | |
| Non-Executive Non-Independent Director | 4.3yrs | ₹50.00k | 0.0042% ₹11.2k | |
| Non-Executive Independent Director | 4.3yrs | ₹40.00k | 0.036% ₹96.5k | |
| Non-Executive Independent Director | 2.5yrs | ₹70.00k | no data | |
| Non-Executive Independent Director | 2.5yrs | ₹40.00k | no data |
2.5yrs
Average Tenure
62yo
Average Age
Experienced Board: 540961'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
Shiva Mills Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Shiva Mills Limited
- Ticker: 540961
- Exchange: BSE
- Founded: 2015
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹267.896m
- Shares outstanding: 8.64m
- Website: https://www.shivamills.com
Number of Employees
Location
- Shiva Mills Limited
- 252 Mettupalayam Road
- Coimbatore
- Tamil Nadu
- 641043
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 540961 | BSE (Mumbai Stock Exchange) | Yes | Share Capital | IN | INR | Feb 2018 |
| SHIVAMILLS | NSEI (National Stock Exchange of India) | Yes | Share Capital | IN | INR | Feb 2018 |
Biography
Shiva Mills Limited manufactures and markets cotton yarns in India. It provides fabrics, as well as exports its products. The company was formerly known as STYL Textile Ventures Limited and changed its name to Shiva Mills Limited in August 2017. Shiva Mills Limited was incorporated in 2015 and is based in Coimbatore, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/18 13:18 |
| End of Day Share Price | 2020/02/18 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.