BSE:541403

Stock Analysis Report

Executive Summary

Dollar Industries Limited manufactures and markets hosiery and garments primarily in India.

Snowflake

Fundamentals

Proven track record with adequate balance sheet.

Share Price & News

How has Dollar Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.5%

541403

-0.02%

IN Luxury

1.6%

IN Market


1 Year Return

-35.5%

541403

7.7%

IN Luxury

0.8%

IN Market

Return vs Industry: 541403 underperformed the Indian Luxury industry which returned 7.7% over the past year.

Return vs Market: 541403 underperformed the Indian Market which returned 0.8% over the past year.


Shareholder returns

541403IndustryMarket
7 Day-2.5%-0.02%1.6%
30 Day-10.1%5.5%1.5%
90 Day-20.8%3.9%-3.3%
1 Year-35.0%-35.5%8.6%7.7%2.7%0.8%
3 Yearn/a49.5%47.8%22.0%16.0%
5 Yearn/a108.9%105.0%42.3%29.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Dollar Industries undervalued compared to its fair value and its price relative to the market?

35.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 541403 (₹181.7) is trading below our estimate of fair value (₹282.55)

Significantly Undervalued: 541403 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 541403 is poor value based on its PE Ratio (14.1x) compared to the Luxury industry average (10.1x).

PE vs Market: 541403 is poor value based on its PE Ratio (14.1x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

Low PEG Ratio: 541403 is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: 541403 is overvalued based on its PB Ratio (2.5x) compared to the IN Luxury industry average (0.6x).


Next Steps

Future Growth

How is Dollar Industries forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

10.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 541403's forecast earnings growth (10.9% per year) is above the savings rate (7.6%).

Earnings vs Market: 541403's earnings (10.9% per year) are forecast to grow slower than the Indian market (18.3% per year).

High Growth Earnings: 541403's earnings are forecast to grow, but not significantly.

Revenue vs Market: 541403's revenue (8.7% per year) is forecast to grow slower than the Indian market (11.4% per year).

High Growth Revenue: 541403's revenue (8.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: 541403's Return on Equity is forecast to be low in 3 years time (16.8%).


Next Steps

Past Performance

How has Dollar Industries performed over the past 5 years?

38.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 541403's earnings have grown significantly by 38.7% per year over the past 5 years.

Accelerating Growth: 541403's earnings growth over the past year (15.7%) is below its 5-year average (38.7% per year).

Earnings vs Industry: 541403 earnings growth over the past year (15.7%) exceeded the Luxury industry 7.8%.


Return on Equity

High ROE: 541403's Return on Equity (17.7%) is considered low.


Return on Assets

ROA vs Industry: 541403 has a higher Return on Assets than the Luxury industry average last year.


Return on Capital Employed

ROCE Improving: 541403 has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Dollar Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 541403's short term assets (₹7.3B) exceeds its short term liabilities (₹3.9B)

Long Term Liabilities: 541403's short term assets (7.3B) exceeds its long term liabilities (56.6M)


Debt to Equity History and Analysis

Debt Level: 541403's debt to equity ratio (53.7%) is considered high

Reducing Debt: 541403's debt to equity ratio has reduced from 149.5% to 53.7% over the past 5 years.

Debt Coverage: 541403's debt is not well covered by operating cash flow (0.4%).

Interest Coverage: 541403's interest payments on its debt are well covered by EBIT (8x coverage).


Balance Sheet

Inventory Level: 541403 has a high level of physical assets or inventory.

Debt Coverage by Assets: 541403's debt is covered by short term assets (assets are 3.249530x debt).


Next Steps

Dividend

What is Dollar Industries's current dividend yield, its reliability and sustainability?

0.92%

Current Dividend Yield


Dividend Yield vs Market

company0.9%marketbottom25%0.6%markettop25%2.5%industryaverage0.7%forecastin3Years1.6%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 541403's dividend (0.93%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 541403's dividend (0.93%) is low compared to the top 25% of dividend payers in the Indian market (2.49%).

Stable Dividend: Whilst dividend payments have been stable, 541403 has been paying a dividend for less than 10 years.

Growing Dividend: 541403's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.1%), 541403's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 541403's dividends in 3 years are forecast to be well covered by earnings (18.6% payout ratio).


Next Steps

Management

What is the CEO of Dollar Industries's salary, the management and board of directors tenure and is there insider trading?

14.0yrs

Average board tenure


CEO

Vinod Gupta (69yo)

0yrs

Tenure

₹10,900,000

Compensation

Mr. Vinod Kumar Gupta, B.Sc, L.L.B has been the Chief Financial Officer of Parenteral Drug (India) Limited since April 23, 2019 and its Director and Managing Director since April 2019 and June 10, 2019 res ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Vinod's total compensation is reasonable compared to companies of similar size in the Indian market.

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


Board Age and Tenure

14.0yrs

Average Tenure

53yo

Average Age

Experienced Board: 541403's board of directors are seasoned and experienced ( 14 years average tenure).


Insider Trading

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


Recent Insider Transactions

Buy₹3,530,39023 Sep 19
Simplex Impex Pvt. Ltd
EntityCompany
Shares17,000
Max Price₹207.67
Buy₹3,100,00023 Nov 18
Simplex Impex Pvt. Ltd
EntityCompany
Shares10,000
Max Price₹310.00
Buy₹20,251,94020 Nov 18
Simplex Impex Pvt. Ltd
EntityCompany
Shares65,000
Max Price₹314.70

Ownership Breakdown


Management Team

  • Vinod Gupta (69yo)

    CEO, MD & Director

    • Tenure: 0yrs
    • Compensation: ₹10.90m
  • Bajrang Gupta (47yo)

    Whole-Time Director

    • Tenure: 14yrs
    • Compensation: ₹7.70m
  • Binay Gupta (51yo)

    MD & Director

    • Tenure: 14yrs
    • Compensation: ₹10.60m
  • Krishan Gupta (49yo)

    Whole-Time Director

    • Tenure: 14.2yrs
    • Compensation: ₹8.00m
  • Gopalakrishnan Sarankapani (54yo)

    Administrative Director & Executive Director

    • Tenure: 0yrs
    • Compensation: ₹800.00k
  • Shashi Agarwal (47yo)

    Senior Vice President of Corporate Strategy & Investors Relation

    • Tenure: 1.4yrs
  • Abhishek Mishra

    Company Secretary & Compliance Officer

    • Tenure: 0yrs
    • Compensation: ₹600.00k
  • Lalit Sharma (50yo)

    Chief Financial Officer

    • Tenure: 1.4yrs
    • Compensation: ₹1.97m
  • Sanjay Srivastava (53yo)

    General Manager of Marketing

    • Tenure: 0yrs
  • Ankur Bubna (31yo)

    AGM- Finance & Accounts

    • Tenure: 0yrs

Board Members

  • Sunil Mitra (68yo)

    Non-Executive Independent Director

    • Tenure: 2.5yrs
    • Compensation: ₹40.00k
  • Vinod Gupta (69yo)

    CEO, MD & Director

    • Tenure: 0yrs
    • Compensation: ₹10.90m
  • Bajrang Gupta (47yo)

    Whole-Time Director

    • Tenure: 14yrs
    • Compensation: ₹7.70m
  • Binay Gupta (51yo)

    MD & Director

    • Tenure: 14yrs
    • Compensation: ₹10.60m
  • Krishan Gupta (49yo)

    Whole-Time Director

    • Tenure: 14.2yrs
    • Compensation: ₹8.00m
  • Binay Agarwal (53yo)

    Non-Executive Independent Director

    • Tenure: 0yrs
    • Compensation: ₹62.00k
  • Rajesh Bubna

    Non-Executive Independent Director

    • Tenure: 0yrs
    • Compensation: ₹148.00k
  • Gopalakrishnan Sarankapani (54yo)

    Administrative Director & Executive Director

    • Tenure: 0yrs
    • Compensation: ₹800.00k
  • Divyaa Newatia (39yo)

    Independent Women Director

    • Tenure: 1.7yrs
    • Compensation: ₹94.00k
  • Sanjay Jhunjhunwalla (56yo)

    Non Executive Director

    • Tenure: 1.2yrs
    • Compensation: ₹20.00k

Company Information

Dollar Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dollar Industries Limited
  • Ticker: 541403
  • Exchange: BSE
  • Founded: 1972
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₹10.365b
  • Shares outstanding: 56.72m
  • Website: https://www.dollarglobal.in/

Number of Employees


Location

  • Dollar Industries Limited
  • OM Tower
  • 15th Floor
  • Kolkata
  • West Bengal
  • 700071
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DOLLARNSEI (National Stock Exchange of India)YesEquity SharesININRApr 2017
541403BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2017

Biography

Dollar Industries Limited manufactures and markets hosiery and garments primarily in India. It offers vests, briefs, trunks, T-shirts, atheleisure, boxers, bermudas, capris, track pants, camisoles, panties ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:53
End of Day Share Price2019/10/14 00:00
Earnings2019/03/31
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.