Ginni Filaments
Market Cap
₹912.1m
Last Updated
2020/07/04 12:42 UTC
Data Sources
Company Financials
Executive Summary
Ginni Filaments Limited manufactures and sells cotton yarns, knitted fabrics, non-woven fabrics, garments, and wipes in India.
Snowflake Analysis
Mediocre balance sheet and overvalued.
Similar Companies
Share Price & News
How has Ginni Filaments's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 590025's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-17.2%
590025
1.3%
IN Luxury
1.2%
IN Market
1 Year Return
28.5%
590025
-20.2%
IN Luxury
-9.0%
IN Market
Return vs Industry: 590025 exceeded the Indian Luxury industry which returned -20.2% over the past year.
Return vs Market: 590025 exceeded the Indian Market which returned -9% over the past year.
Shareholder returns
| 590025 | Industry | Market | |
|---|---|---|---|
| 7 Day | -17.2% | 1.3% | 1.2% |
| 30 Day | 58.6% | 0.6% | 6.8% |
| 90 Day | 98.3% | 13.9% | 30.1% |
| 1 Year | 28.5%28.5% | -19.5%-20.2% | -7.2%-9.0% |
| 3 Year | -78.9%-78.9% | -0.6%-2.9% | 1.3%-3.4% |
| 5 Year | -55.8%-55.8% | 33.0%25.2% | 27.3%17.6% |
Price Volatility Vs. Market
How volatile is Ginni Filaments's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Ginni Filaments undervalued compared to its fair value and its price relative to the market?
15.94x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 590025's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 590025's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 590025 is poor value based on its PE Ratio (15.9x) compared to the Luxury industry average (9.7x).
PE vs Market: 590025 is poor value based on its PE Ratio (15.9x) compared to the Indian market (12.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 590025's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 590025 is good value based on its PB Ratio (0.5x) compared to the IN Luxury industry average (0.5x).
Next Steps
Future Growth
How is Ginni Filaments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
15.1%
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 Ginni Filaments 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
- Take a look at our analysis of 590025’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Ginni Filaments competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Ginni Filaments performed over the past 5 years?
-31.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 590025 has a large one-off gain of ₹55.1M impacting its March 31 2005 financial results.
Growing Profit Margin: 590025 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 590025's earnings have declined by -31.1% per year over the past 5 years.
Accelerating Growth: 590025 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 590025 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).
Return on Equity
High ROE: 590025's Return on Equity (3.1%) is considered low.
Next Steps
Financial Health
How is Ginni Filaments's financial position?
Financial Position Analysis
Short Term Liabilities: 590025's short term assets (₹3.4B) exceed its short term liabilities (₹3.0B).
Long Term Liabilities: 590025's short term assets (₹3.4B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 590025's debt to equity ratio (161.5%) is considered high.
Reducing Debt: 590025's debt to equity ratio has reduced from 223.9% to 161.5% over the past 5 years.
Debt Coverage: 590025's debt is not well covered by operating cash flow (4%).
Interest Coverage: 590025's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
Next Steps
Dividend
What is Ginni Filaments's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 590025's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 590025'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 590025's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 590025'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 590025'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?
10.2yrs
Average board tenure
CEO
Shishir Jaipuria (63yo)
no data
Tenure
₹14,655,000
Compensation
Mr. Shishir Jaipuria serves as the Chief Executive Officer of Ginni Filaments Ltd. and has been its Managing Director since April 1, 2009. Mr. Jaipuria serves as Managing Director of The Pioneer Limited an ...
CEO Compensation Analysis
Compensation vs Market: Shishir's total compensation ($USD196.35K) is above average for companies of similar size in the Indian market ($USD49.47K).
Compensation vs Earnings: Shishir's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | ₹14.66m | 32.15% ₹293.2m | |
| Director of Finance | 10.92yrs | ₹4.39m | no data | |
| Executive Director | 9.42yrs | ₹6.20m | 8.69% ₹79.2m | |
| Independent Non-Executive Director | 20.5yrs | ₹275.00k | no data | |
| Independent Non-Executive Director | 19.75yrs | ₹290.00k | no data | |
| Independent Non-Executive Director | 38yrs | ₹265.00k | 0.0032% ₹29.5k | |
| Non-Executive Independent Director | 5.92yrs | ₹230.00k | no data | |
| Non-Executive Independent Director | 5.92yrs | ₹195.00k | no data |
10.2yrs
Average Tenure
70.5yo
Average Age
Experienced Board: 590025's board of directors are seasoned and experienced ( 10.2 years average tenure).
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Ginni Filaments Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ginni Filaments Limited
- Ticker: 590025
- Exchange: BSE
- Founded: 1982
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹912.092m
- Shares outstanding: 70.65m
- Website: https://www.ginnifilaments.com
Number of Employees
Location
- Ginni Filaments Limited
- D-196, Sector – 63
- Noida
- Uttar Pradesh
- 201307
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 590025 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | May 1995 |
| GINNIFILA | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | May 1995 |
Biography
Ginni Filaments Limited manufactures and sells cotton yarns, knitted fabrics, non-woven fabrics, garments, and wipes in India. The company operates through Textiles and Others segments. It offers ring spun, open end, and specialty yarns; single and double jersey, and flat knit fabrics; and garments, such as polo’s, round necks, rugby’s, henley’s, sweat shirts, and leggings for men, ladies, and children. The company also provides nonwoven fabrics comprising polyester, viscose, and cotton enriched blends that are used in various applications, including personal hygiene, medical, hospitality, packaging, garments, pultrusion, leather, filtration, automobile, and home furnishing; and cartridge filters used for the removal of contaminants from water and other liquids in pharmaceutical, cosmetic, biotechnology, and other industries. In addition, it offers hygiene, cosmetic, medical, and surface cleaning disposable wipes. The company also exports its products. Ginni Filaments Limited was incorporated in 1982 and is based in Noida, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/04 12:42 |
| End of Day Share Price | 2020/07/03 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.