BSE:541006

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Executive Summary

Angel Fibers Limited develops, manufactures, and markets cotton yarns in India.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Angel Fibers's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 541006's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

10.1%

541006

8.6%

IN Luxury

8.2%

IN Market


1 Year Return

-22.8%

541006

-21.6%

IN Luxury

-18.2%

IN Market

Return vs Industry: 541006 underperformed the Indian Luxury industry which returned -24% over the past year.

Return vs Market: 541006 underperformed the Indian Market which returned -19.9% over the past year.


Shareholder returns

541006IndustryMarket
7 Day10.1%8.6%8.2%
30 Day12.1%2.2%1.5%
90 Day49.6%-21.2%-11.5%
1 Year-22.8%-22.8%-21.0%-21.6%-16.6%-18.2%
3 Yearn/a0.4%-1.9%-6.1%-11.1%
5 Yearn/a46.0%42.7%19.2%8.0%

Price Volatility Vs. Market

How volatile is Angel Fibers's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Angel Fibers undervalued compared to its fair value and its price relative to the market?

0.89x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 541006's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 541006's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 541006 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: 541006 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 541006's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 541006 is overvalued based on its PB Ratio (0.8x) compared to the IN Luxury industry average (0.4x).


Next Steps

Future Growth

How is Angel Fibers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.8%

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 Angel Fibers 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 Angel Fibers performed over the past 5 years?

0.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 541006 is currently unprofitable.

Growing Profit Margin: 541006 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 541006 is unprofitable, but has reduced losses over the past 5 years at a rate of 0.3% per year.

Accelerating Growth: Unable to compare 541006's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 541006 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).


Return on Equity

High ROE: 541006 has a negative Return on Equity (-31.75%), as it is currently unprofitable.


Next Steps

Financial Health

How is Angel Fibers's financial position?


Financial Position Analysis

Short Term Liabilities: 541006's short term assets (₹1.2B) exceed its short term liabilities (₹994.7M).

Long Term Liabilities: 541006's short term assets (₹1.2B) exceed its long term liabilities (₹773.7M).


Debt to Equity History and Analysis

Debt Level: 541006's debt to equity ratio (434.9%) is considered high.

Reducing Debt: 541006's debt to equity ratio has increased from 123.9% to 434.9% over the past 5 years.


Balance Sheet


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.

Stable Cash Runway: Whilst unprofitable 541006 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 541006 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.9% per year.


Next Steps

Dividend

What is Angel Fibers's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 541006's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 541006's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 541006's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 541006'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 541006'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?

2.5yrs

Average management tenure


CEO

Ashokbhai Dudhagara (44yo)

2.5yrs

Tenure

₹1,200,000

Compensation

Mr. Ashok M. Dudhagara has been Managing Director of Angel Fibers Ltd since December 28, 2017 and serves as its Chairman. Mr. Dudhagara has been a Director of Angel Fibers Ltd since February 14, 2014. He h ...


CEO Compensation Analysis

Compensation vs Market: Ashokbhai's total compensation ($USD15.88K) is below average for companies of similar size in the Indian market ($USD50.27K).

Compensation vs Earnings: Insufficient data to compare Ashokbhai's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Ashokbhai Dudhagara
Chairman & MD2.5yrs₹1.20m28.32% 58.5m
Paraskumar Chovatiya
Chief Financial Officer2.5yrs₹179.52kno data
Reena Kanabar
Company Secretary & Compliance Officer2.5yrs₹180.00kno data
Prafulaben Dudhagara
Executive Director2.67yrsno data2.44% 5.0m

2.5yrs

Average Tenure

35.5yo

Average Age

Experienced Management: 541006's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ashokbhai Dudhagara
Chairman & MD2.5yrs₹1.20m28.32% 58.5m
Prafulaben Dudhagara
Executive Director2.67yrsno data2.44% 5.0m
Ankur Jani
Non-Executive Director2.58yrs₹300.00k2% 4.1m
Nirav Baldha
Non-Executive Independent Director2.5yrsno datano data
Ketanbhai Vadaliya
Non-Executive Independent Director2.42yrsno datano data

2.5yrs

Average Tenure

43yo

Average Age

Experienced Board: 541006'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: 541006 insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Angel Fibers Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Angel Fibers Limited
  • Ticker: 541006
  • Exchange: BSE
  • Founded: 2014
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹206.500m
  • Shares outstanding: 25.00m
  • Website: https://www.angelfibers.com

Number of Employees


Location

  • Angel Fibers Limited
  • Shivalik-2
  • Shop No. 6
  • Rajkot
  • Gujarat
  • 360005
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
541006BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2018

Biography

Angel Fibers Limited develops, manufactures, and markets cotton yarns in India. The company offers cotton carded, combed, and compact yarns for knitting and weaving applications. It also sells its products in South Korea, China, Hong Kong, Taiwan, Thailand, Singapore, Malaysia, Indonesia, Bangladesh, Israel, Egypt, Russia, Brazil, Sri Lanka, Iran, Portugal, Spain, and Italy. The company was incorporated in 2014 and is based in Rajkot, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/03 13:44
End of Day Share Price2020/06/03 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.