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Ashapura Intimates Fashion

NSEI:AIFL
Snowflake Description

Undervalued with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AIFL
NSEI
₹283M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Ashapura Intimates Fashion Limited designs, brands, markets, and retails intimate garments for men, women, and children in India. The last earnings update was 156 days ago. More info.


Add to Portfolio Compare Print
  • Ashapura Intimates Fashion has significant price volatility in the past 3 months.
AIFL Share Price and Events
7 Day Returns
-5.1%
NSEI:AIFL
0.9%
IN Luxury
0.8%
IN Market
1 Year Returns
-97.6%
NSEI:AIFL
-3.2%
IN Luxury
-0.7%
IN Market
AIFL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ashapura Intimates Fashion (AIFL) -5.1% -16.2% -52.2% -97.6% -95.8% -
IN Luxury 0.9% 1.6% 8.6% -3.2% 48.8% 161.5%
IN Market 0.8% 2.1% 5.8% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • AIFL underperformed the Luxury industry which returned -3.2% over the past year.
  • AIFL underperformed the Market in India which returned -0.7% over the past year.
Price Volatility
AIFL
Industry
5yr Volatility vs Market

Value

 Is Ashapura Intimates Fashion undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ashapura Intimates Fashion to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ashapura Intimates Fashion.

NSEI:AIFL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2018-09-30) in INR ₹ 1.500000
Payout Ratio Company Filings (2018-09-30) 1295.3%
Discount Rate (Cost of Equity) See below 14.4%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:AIFL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.729 (1 + (1- 35%) (691%))
0.771
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.8 * 8.6%)
14.43%

Discounted Cash Flow Calculation for NSEI:AIFL using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Ashapura Intimates Fashion is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

NSEI:AIFL Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ₹1.5 / (14.43% - 7.55%)
₹21.57
NSEI:AIFL Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:AIFL represents 0.99465x of BSE:535467
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99465x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 21.80 x 0.99465
₹21.69
Value per share (INR) From above. ₹21.69
Current discount Discount to share price of ₹11.15
= -1 x (₹11.15 - ₹21.69) / ₹21.69
48.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Ashapura Intimates Fashion is available for.
Intrinsic value
49%
Share price is ₹11.15 vs Future cash flow value of ₹21.69
Current Discount Checks
For Ashapura Intimates Fashion to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Ashapura Intimates Fashion's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Ashapura Intimates Fashion's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ashapura Intimates Fashion's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ashapura Intimates Fashion's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:AIFL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in INR ₹10.53
BSE:535467 Share Price ** BSE (2019-04-18) in INR ₹11.21
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.25x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ashapura Intimates Fashion.

NSEI:AIFL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:535467 Share Price ÷ EPS (both in INR)

= 11.21 ÷ 10.53

1.06x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ashapura Intimates Fashion is good value based on earnings compared to the IN Luxury industry average.
  • Ashapura Intimates Fashion is good value based on earnings compared to the India market.
Price based on expected Growth
Does Ashapura Intimates Fashion's expected growth come at a high price?
Raw Data
NSEI:AIFL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 1.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-1.9%per year
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.55x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ashapura Intimates Fashion, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ashapura Intimates Fashion's assets?
Raw Data
NSEI:AIFL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in INR ₹75.63
BSE:535467 Share Price * BSE (2019-04-18) in INR ₹11.21
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.74x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
NSEI:AIFL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:535467 Share Price ÷ Book Value per Share (both in INR)

= 11.21 ÷ 75.63

0.15x

* Primary Listing of Ashapura Intimates Fashion.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ashapura Intimates Fashion is good value based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Ashapura Intimates Fashion's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Ashapura Intimates Fashion has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Ashapura Intimates Fashion expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Ashapura Intimates Fashion, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-1.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ashapura Intimates Fashion expected to grow at an attractive rate?
  • Ashapura Intimates Fashion's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Ashapura Intimates Fashion's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • Unable to compare Ashapura Intimates Fashion's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:AIFL Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:AIFL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -1.9%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:AIFL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:AIFL Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:AIFL Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-09-30 3,528 252
2018-06-30 3,529 628
2018-03-31 3,435 622
2017-03-31 3,112 -251 203
2016-03-31 2,509 303 130

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ashapura Intimates Fashion's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Ashapura Intimates Fashion is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:AIFL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ashapura Intimates Fashion Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:AIFL Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:AIFL Past Financials Data
Date (Data in INR Millions) EPS *
2018-09-30 10.53
2018-06-30 27.85
2018-03-31 29.31
2017-03-31 8.18
2016-03-31 6.69

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ashapura Intimates Fashion will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ashapura Intimates Fashion's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ashapura Intimates Fashion has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Ashapura Intimates Fashion performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ashapura Intimates Fashion's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ashapura Intimates Fashion has delivered over 20% year on year earnings growth in the past 5 years.
  • Ashapura Intimates Fashion's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Ashapura Intimates Fashion's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.
Earnings and Revenue History
Ashapura Intimates Fashion's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ashapura Intimates Fashion Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:AIFL Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 3,527.80 251.61 114.40
2018-06-30 3,528.93 628.11 110.57
2018-03-31 3,435.17 621.95 106.15
2017-03-31 3,112.18 203.01 190.40
2016-03-31 2,508.82 130.27 117.77
2015-03-31 1,968.74 94.89 72.53
2014-03-31 1,961.15 70.69 109.70
2013-12-31 1,699.87 62.68 66.76
2013-09-30 1,438.58 54.66 94.72
2013-06-30 1,372.41 50.99 93.21
2013-03-31 1,306.24 47.31 91.70

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Ashapura Intimates Fashion has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ashapura Intimates Fashion used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Ashapura Intimates Fashion has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Ashapura Intimates Fashion's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ashapura Intimates Fashion has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Ashapura Intimates Fashion's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ashapura Intimates Fashion's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ashapura Intimates Fashion is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ashapura Intimates Fashion's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ashapura Intimates Fashion's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ashapura Intimates Fashion Company Filings, last reported 6 months ago.

NSEI:AIFL Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 1,906.80 1,952.90 5.30
2018-06-30 2,225.70 672.00 6.00
2018-03-31 2,225.70 672.00 6.00
2017-03-31 1,500.16 1,114.94 18.92
2016-03-31 1,283.40 796.21 135.74
2015-03-31 1,088.38 922.59 102.43
2014-03-31 588.46 899.24 176.13
2013-12-31 588.46 899.24 176.13
2013-09-30 415.65 707.34 99.36
2013-06-30 415.65 707.34 99.36
2013-03-31 181.76 629.38 12.20
  • Ashapura Intimates Fashion's level of debt (102.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (169.9% vs 102.4% today).
  • Unable to verify if debt is well covered by operating cash flow as Ashapura Intimates Fashion has not reported sufficient balance sheet data.
  • Interest payments on debt are not well covered by earnings (EBIT is 2.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Ashapura Intimates Fashion's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ashapura Intimates Fashion has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Ashapura Intimates Fashion's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
13.38%
Current annual income from Ashapura Intimates Fashion dividends.
If you bought ₹2,000 of Ashapura Intimates Fashion shares you are expected to receive ₹268 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Ashapura Intimates Fashion's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Ashapura Intimates Fashion's dividend is above the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:AIFL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:AIFL Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:AIFL Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-10-01 1.500 6.951
2018-03-16 1.000 0.218
2018-02-09 1.000 0.213
2017-05-29 0.000 0.000
2016-09-06 0.000 0.000
2015-09-08 1.000 0.377
2013-06-18 5.000 4.714
2013-04-15 5.000 7.902

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ashapura Intimates Fashion has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Ashapura Intimates Fashion has only been paying a dividend for 6 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Ashapura Intimates Fashion's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (8.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ashapura Intimates Fashion's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ashapura Intimates Fashion afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ashapura Intimates Fashion has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Ashapura Intimates Fashion's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mohit Shah
COMPENSATION ₹2,067,606
AGE 29
TENURE AS CEO 2.7 years
CEO Bio

Mr. Mohit Akhilesh Shah, C.A., BCom., serves as the Chief Executive Officer at Ashapura Intimates Fashion Limited since August 12, 2016. Mr. Shah served as the Chief Financial Officer of Ashapura Intimates Fashion Limited since April 1, 2016 until August 11, 2016. Mr. Shah served as an Independent & Non-Executive Director of Ashapura Intimates Fashion Limited from December 19, 2012 to January 7, 2014.

CEO Compensation
  • Insufficient data for Mohit to compare compensation growth.
  • Mohit's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Ashapura Intimates Fashion management team in years:

2.7
Average Tenure
35
Average Age
  • The tenure for the Ashapura Intimates Fashion management team is about average.
Management Team

Harshad Thakkar

TITLE
Chairman & MD
COMPENSATION
₹8M

Dinesh Sodha

TITLE
Marketing Head & Executive Director
COMPENSATION
₹4M
AGE
40

Hitesh Punjani

TITLE
Production Head & Executive Director
COMPENSATION
₹1M
AGE
35

Mohit Shah

TITLE
Chief Executive officer
COMPENSATION
₹2M
AGE
29
TENURE
2.7 yrs

Anurag Gangwal

TITLE
Chief Financial Officer
COMPENSATION
₹1M
TENURE
2.7 yrs

Kiran Mestry

TITLE
Head of Desigining
TENURE
3.5 yrs

Bhavik Dhirwani

TITLE
Head of Logistics

Mihir Somaiya

TITLE
Head of Retail

Chirag Mehta

TITLE
Head of Online
Board of Directors Tenure

Average tenure of the Ashapura Intimates Fashion board of directors in years:

5.4
Average Tenure
  • The tenure for the Ashapura Intimates Fashion board of directors is about average.
Board of Directors

Harshad Thakkar

TITLE
Chairman & MD
COMPENSATION
₹8M

Dinesh Sodha

TITLE
Marketing Head & Executive Director
COMPENSATION
₹4M
AGE
40
TENURE
12.8 yrs

Hitesh Punjani

TITLE
Production Head & Executive Director
COMPENSATION
₹1M
AGE
35
TENURE
5.4 yrs

Ratan Thakur

TITLE
Independent Non-Executive Director
COMPENSATION
₹150K
TENURE
4.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
21. Sep 18 Buy Harshad Thakkar Individual 19. Sep 18 19. Sep 18 27,000 ₹443.12 ₹11,964,358
08. Sep 18 Buy Harshad Thakkar Individual 06. Aug 18 06. Aug 18 20,000 ₹450.99 ₹9,019,892
08. Sep 18 Buy Harshad Thakkar Individual 06. Sep 18 06. Sep 18 20,000 ₹450.99 ₹9,019,892
07. Sep 18 Buy Harshad Thakkar Individual 05. Sep 18 05. Sep 18 10,000 ₹450.78 ₹4,507,823
07. Sep 18 Buy Harshad Thakkar Individual 05. Aug 18 05. Aug 18 10,000 ₹450.78 ₹4,507,824
27. Aug 18 Buy Harshad Thakkar Individual 24. Aug 18 24. Aug 18 8,302 ₹462.17 ₹3,836,971
X
Management checks
We assess Ashapura Intimates Fashion's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ashapura Intimates Fashion has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Who Has Been Buying Ashapura Intimates Fashion Limited (NSE:AIFL) Shares?

So before you buy or sell Ashapura Intimates Fashion Limited (NSE:AIFL), you may well want to know whether insiders have been buying or selling. … The Last 12 Months Of Insider Transactions At Ashapura Intimates Fashion. … That means that an insider was happy to buy shares at above the current price.

Simply Wall St -

Should You Be Concerned About Ashapura Intimates Fashion Limited's (NSE:AIFL) Historical Volatility?

The second type is the broader market volatility, which you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks on the market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

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Here's What Ashapura Intimates Fashion Limited's (NSE:AIFL) ROCE Can Tell Us

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

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Do You Like Ashapura Intimates Fashion Limited (NSE:AIFL) At This P/E Ratio?

To keep it practical, we'll show how Ashapura Intimates Fashion Limited's (NSE:AIFL) P/E ratio could help you assess the value on offer. … Ashapura Intimates Fashion has a P/E ratio of 3.7, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Read This Before Buying Ashapura Intimates Fashion Limited (NSE:AIFL) For Its Dividend

Historically, Ashapura Intimates Fashion Limited (NSE:AIFL) has paid dividends to shareholders, and these days it yields 1.5%. … Let's take a look at Ashapura Intimates Fashion in more detail. … See our latest analysis for Ashapura Intimates Fashion

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With An ROE Of 27.94%, Has Ashapura Intimates Fashion Limited's (NSE:AIFL) Management Done Well?

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … Ashapura Intimates Fashion Limited (NSE:AIFL) delivered an ROE of 27.94% over the past 12 months, which is an impressive feat relative to its industry average of 7.65% during the same period. … See our latest analysis for Ashapura Intimates Fashion

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Company Info

Description

Ashapura Intimates Fashion Limited designs, brands, markets, and retails intimate garments for men, women, and children in India. The company offers lounge wear, including leisure wear, T-shirts, shorts, hoodies, bermudas, capris, yoga pants, and track suits; and nightwear products, such as nighties and night pajamas. It also provides inner wear products comprising slips, camisoles, bathrobes, maternal wear products, brassieres, panties, corsets, and other lingerie products; sportswear products that include gym and yoga wear products, sports bras, track pants, and T-shirts, as well as leggings; and airport wear products consisting of track suits, T-shirts, jackets, and shrugs. In addition, the company offers bridal night wear, honeymoon sets, and bathrobes, as well as maternity wear. It offers its products for women under the Valentine, N-Line, Night & Day, Valentine Sportswear, Valentine Secret Skin, and Valentine Pink brand names; and menswear under the TRICCI brand name. The company markets its products through multi-brand outlets, store-in-stores, large format stores, exclusive brand outlets, distributors, and mobile application, as well as through its own online platform, valentineclothes.com, and other online platforms. It also exports its products to the Middle East and internationally. The company was formerly known as Ashapura Apparels Private Limited and changed its name to Ashapura Intimates Fashion Limited in October 2012. Ashapura Intimates Fashion Limited was founded in 1999 and is based in Mumbai, India.

Details
Name: Ashapura Intimates Fashion Limited
AIFL
Exchange: NSEI
Founded: 1999
₹282,619,861
25,211,406
Website: http://www.ashapurafashion.com
Address: Ashapura Intimates Fashion Limited
Pacific Plaza,
Shop No. 3-4, Ground Floor,
Mumbai,
Maharashtra, 400028,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 535467 Equity Shares Mumbai Stock Exchange IN INR 15. Apr 2013
NSEI AIFL Equity Shares National Stock Exchange of India IN INR 15. Apr 2013
Number of employees
Current staff
Staff numbers
0
Ashapura Intimates Fashion employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 12:55
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2018/06/26
Last earnings filing: 2018/11/15
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.