BSE:542019

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Shubham Polyspin Limited manufactures and sells polypropylene (PP) multifilament yarns and fabrics in India. More Details


Snowflake Analysis

Adequate balance sheet with questionable track record.


Similar Companies

Share Price & News

How has Shubham Polyspin's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 542019 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: 542019's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.


Market Performance


7 Day Return

-1.1%

542019

0.4%

IN Luxury

-1.3%

IN Market


1 Year Return

15.3%

542019

14.0%

IN Luxury

32.7%

IN Market

Return vs Industry: 542019 exceeded the Indian Luxury industry which returned 14% over the past year.

Return vs Market: 542019 underperformed the Indian Market which returned 32.7% over the past year.


Shareholder returns

542019IndustryMarket
7 Day-1.1%0.4%-1.3%
30 Day-43.2%2.3%8.1%
90 Day-5.2%12.8%15.8%
1 Year15.3%15.3%14.7%14.0%35.3%32.7%
3 Yearn/a22.0%19.5%21.0%14.8%
5 Yearn/a95.7%86.3%88.8%73.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Shubham Polyspin undervalued compared to its fair value and its price relative to the market?

129.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 542019 (₹46) is trading above our estimate of fair value (₹18.89)

Significantly Below Fair Value: 542019 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 542019 is poor value based on its PE Ratio (129.9x) compared to the IN Luxury industry average (17.6x).

PE vs Market: 542019 is poor value based on its PE Ratio (129.9x) compared to the Indian market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 542019's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 542019 is overvalued based on its PB Ratio (3.8x) compared to the IN Luxury industry average (0.8x).


Next Steps

Future Growth

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

57.2%

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 Shubham Polyspin 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 Shubham Polyspin performed over the past 5 years?

3.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 542019 has high quality earnings.

Growing Profit Margin: 542019's current net profit margins (1.2%) are lower than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: 542019's earnings have grown by 3.1% per year over the past 5 years.

Accelerating Growth: 542019's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 542019 had negative earnings growth (-43%) over the past year, making it difficult to compare to the Luxury industry average (-24.2%).


Return on Equity

High ROE: 542019's Return on Equity (2.9%) is considered low.


Next Steps

Financial Health

How is Shubham Polyspin's financial position?


Financial Position Analysis

Short Term Liabilities: 542019's short term assets (₹133.7M) exceed its short term liabilities (₹114.9M).

Long Term Liabilities: 542019's short term assets (₹133.7M) exceed its long term liabilities (₹27.0M).


Debt to Equity History and Analysis

Debt Level: 542019's debt to equity ratio (68.7%) is considered high.

Reducing Debt: 542019's debt to equity ratio has reduced from 246.7% to 68.7% over the past 5 years.

Debt Coverage: 542019's debt is well covered by operating cash flow (31.7%).

Interest Coverage: 542019's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Shubham Polyspin current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 542019's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 542019'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 542019's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 542019'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 542019'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

Anil Somani (57 yo)

2.5yrs

Tenure

₹600,000

Compensation

Mr. Anil Devkishan Somani, B.Com., is Managing Director and Director of Shubham Polyspin Limited since August 04, 2018 and is its Chairman since August 11, 2018 and also serves as its Director August 04, 2...


CEO Compensation Analysis

Compensation vs Market: Anil's total compensation ($USD8.10K) is below average for companies of similar size in the Indian market ($USD43.53K).

Compensation vs Earnings: Anil's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Anil Somani
Chairman & MD2.5yrs₹600.00k21.8%
₹ 110.5m
Ankit Somani
MD & Executive Director8.92yrs₹1.80m33.16%
₹ 168.1m
Akshay Somani
CFO & Non-Executive Director2.58yrs₹1.20m14.16%
₹ 71.8m
Dhara Sanghavi
Company Secretary & Compliance Officer0.92yr₹480.99kno data

2.5yrs

Average Tenure

31yo

Average Age

Experienced Management: 542019's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anil Somani
Chairman & MD2.5yrs₹600.00k21.8%
₹ 110.5m
Ankit Somani
MD & Executive Director8.92yrs₹1.80m33.16%
₹ 168.1m
Akshay Somani
CFO & Non-Executive Director2.58yrs₹1.20m14.16%
₹ 71.8m
Kush Kalaria
Independent Director2.5yrsno datano data
Urva Patel
Independent Director2.5yrsno datano data
Radhika Chandak
Independent Director2.5yrsno datano data

2.5yrs

Average Tenure

29.5yo

Average Age

Experienced Board: 542019'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

Shubham Polyspin Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shubham Polyspin Limited
  • Ticker: 542019
  • Exchange: BSE
  • Founded: 2012
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹506.920m
  • Shares outstanding: 11.02m
  • Website: https://shubhampolyspin.com

Number of Employees


Location

  • Shubham Polyspin Limited
  • Block No. 748, Saket Industrial Estate
  • Near Kaneriya Oil Mill
  • Kadi
  • Gujarat
  • 382728
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
542019BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2018

Biography

Shubham Polyspin Limited manufactures and sells polypropylene (PP) multifilament yarns and fabrics in India. It offers twisted and air intermingled yarns, bag closing threads, and PP webbings and narrow wo...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/28 12:24
End of Day Share Price2021/02/26 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.