BSE:542285

Stock Analysis Report

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

542285IndustryMarket
7 Day0%-0.02%1.6%
30 Day-0.8%5.5%1.5%
90 Day18.0%3.9%-3.3%
1 Yearn/a8.6%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 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

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.7%forecastin3Yearsn/a

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

0

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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
542285BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:53
End of Day Share Price2019/09/30 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.