Axita Cotton
Market Cap
₹579.9m
Last Updated
2019/10/14 12:53 UTC
Data Sources
Company Financials
Executive Summary
Axita Cotton Limited produces and sells cotton bales and cotton seeds in India.
Snowflake
Fundamentals
Mediocre balance sheet with concerning outlook.
Similar Companies
Share Price & News
How has Axita Cotton's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0%
542285
-0.02%
IN Luxury
1.6%
IN Market
1 Year Return
n/a
542285
7.7%
IN Luxury
0.8%
IN Market
Return vs Industry: Insufficient data to determine how 542285 performed against the Indian Luxury industry.
Return vs Market: Insufficient data to determine how 542285 performed against the Indian Market.
Shareholder returns
| 542285 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -0.02% | 1.6% |
| 30 Day | -0.8% | 5.5% | 1.5% |
| 90 Day | 18.0% | 3.9% | -3.3% |
| 1 Year | n/a | 8.6%7.7% | 2.7%0.8% |
| 3 Year | n/a | 49.5%47.8% | 22.0%16.0% |
| 5 Year | n/a | 108.9%105.0% | 42.3%29.3% |
Price Volatility Vs. Market
How volatile is Axita Cotton's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Axita Cotton undervalued compared to its fair value and its price relative to the market?
78.13x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: Insufficient data to calculate 542285's fair value to establish if it is undervalued.
Significantly Undervalued: Insufficient data to calculate 542285's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 542285 is poor value based on its PE Ratio (78.1x) compared to the Luxury industry average (10.1x).
PE vs Market: 542285 is poor value based on its PE Ratio (78.1x) compared to the Indian market (13.1x).
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate 542285's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 542285 is overvalued based on its PB Ratio (3.3x) compared to the IN Luxury industry average (0.6x).
Next Steps
Future Growth
How is Axita Cotton forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 542285's forecast earnings growth (14.8% per year) is above the savings rate (7.6%).
Earnings vs Market: 542285's earnings (14.8% per year) are forecast to grow slower than the Indian market (18.3% per year).
High Growth Earnings: 542285's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if 542285's revenue is forecast to grow faster than the Indian market.
High Growth Revenue: Insufficient data to determine if 542285's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if 542285's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Axita Cotton performed over the past 5 years?
50.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 542285's earnings have grown significantly by 50.6% per year over the past 5 years.
Accelerating Growth: 542285's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 542285 had negative earnings growth (-60.2%) over the past year, making it difficult to compare to the Luxury industry average (7.8%).
Return on Equity
High ROE: 542285's Return on Equity (2.6%) is considered low.
Return on Assets
ROA vs Industry: 542285's Return on Assets is below or equal to the Luxury industry average last year.
Return on Capital Employed
ROCE Improving: 542285's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Axita Cotton's financial position?
Financial Position Analysis
Short Term Liabilities: 542285's short term assets (₹343.3M) exceeds its short term liabilities (₹201.2M)
Long Term Liabilities: 542285's short term assets (343.3M) exceeds its long term liabilities (3.5M)
Debt to Equity History and Analysis
Debt Level: 542285's debt to equity ratio (86.7%) is considered high
Reducing Debt: 542285's debt to equity ratio has reduced from 411.8% to 86.7% over the past 5 years.
Debt Coverage: 542285's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 542285's interest payments on its debt are not well covered by EBIT (0.7x coverage).
Balance Sheet
Inventory Level: 542285 has a high level of physical assets or inventory.
Debt Coverage by Assets: 542285's debt is covered by short term assets (assets are 2.224500x debt).
Next Steps
Dividend
What is Axita Cotton's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate 542285's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 542285's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if 542285's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 542285'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 542285's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
What is the CEO of Axita Cotton's salary, the management and board of directors tenure and is there insider trading?
CEO
Kushalkumar Patel 0
0yrs
Tenure
Mr. Kushalkumar Nitinbhai Patel servea as Managing Director at Axita Cotton Limited
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Nitinbhai Patel
Chairman & MD
- Tenure: 0yrs
Kushalkumar Patel
Managing Director
- Tenure: 0yrs
Board Members
Nitinbhai Patel
Chairman & MD
- Tenure: 0yrs
Amitkumar Patel
Whole-Time Director
- Tenure: 0yrs
Kushalkumar Patel
Managing Director
- Tenure: 0yrs
Company Information
Axita Cotton Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Axita Cotton Limited
- Ticker: 542285
- Exchange: BSE
- Founded: 2013
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹579.852m
- Shares outstanding: 6.55m
- Website: https://www.axitacotton.com
Number of Employees
Location
- Axita Cotton Limited
- Noopur
- Flat No. 1,133, Azad Society
- Ahmedabad
- Gujarat
- 380015
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 542285 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jan 2019 |
Biography
Axita Cotton Limited produces and sells cotton bales and cotton seeds in India. The company also exports its products. Axita Cotton Limited was incorporated in 2013 and is based in Ahmedabad, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 12:53 |
| End of Day Share Price | 2019/09/30 00:00 |
| Earnings | 2019/03/31 |
| 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.