NSEI:ALPSINDUS

Stock Analysis Report

Executive Summary

Alps Industries Limited manufactures and sells home furnishings, fashion accessories, and yarns in India.


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Alps Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ALPSINDUS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.6%

ALPSINDUS

-4.4%

IN Luxury

-3.5%

IN Market


1 Year Return

n/a

ALPSINDUS

12.8%

IN Luxury

5.2%

IN Market

Return vs Industry: Insufficient data to determine how ALPSINDUS performed against the Indian Luxury industry.

Return vs Market: Insufficient data to determine how ALPSINDUS performed against the Indian Market.


Shareholder returns

ALPSINDUSIndustryMarket
7 Day-5.6%-4.4%-3.5%
30 Day-32.0%-1.4%-3.9%
90 Day-29.2%6.0%-2.1%
1 Yearn/a13.5%12.8%7.2%5.2%
3 Year-88.2%-88.2%45.8%44.0%18.9%12.4%
5 Year-59.5%-59.5%97.3%93.7%29.4%17.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Alps Industries undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Alps Industries is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Alps Industries has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

Future Growth

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

19.7%

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 Alps Industries 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 Alps Industries performed over the past 5 years?

-22.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALPSINDUS is currently unprofitable.

Growing Profit Margin: ALPSINDUS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ALPSINDUS is unprofitable, and losses have increased over the past 5 years at a rate of -22% per year.

Accelerating Growth: Unable to compare ALPSINDUS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ALPSINDUS is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).


Return on Equity

High ROE: ALPSINDUS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Alps Industries's financial position?


Financial Position Analysis

Short Term Liabilities: ALPSINDUS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ALPSINDUS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ALPSINDUS has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ALPSINDUS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: ALPSINDUS has a high level of physical assets or inventory.

Debt Coverage by Assets: ALPSINDUS has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ALPSINDUS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ALPSINDUS has less than a year of cash runway if free cash flow continues to reduce at historical rates of -23.5% each year


Next Steps

Dividend

What is Alps Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ALPSINDUS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ALPSINDUS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ALPSINDUS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ALPSINDUS is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ALPSINDUS'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?

10.6yrs

Average board tenure


CEO

Sandeep Agarwal (55yo)

Mr. Sandeep Agarwal serves as the Chief Executive Officer and Managing Director of Alps Industries Ltd. Mr. Agarwal joined Alps Industries Ltd., in 1989. He serves as Promoter of Alps Industries Limited. H ...


CEO Compensation Analysis

Compensation vs Market: Sandeep's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD49.94K).

Compensation vs Earnings: Sandeep's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Sandeep Agarwal
MD, CEO & Executive Director0yrsno data1.91% 634.0k
Pramod Rajput
Executive Director13.6yrs₹462.00k1.28% 425.0k
Krishan Agarwal
Non-Executive Chairman0yrs₹30.00k3.79% 1.3m
Tilak Khosla
Independent Director10.6yrs₹60.00kno data
Prabhat Krishna
Independent Director10.6yrs₹60.00kno data
Pradyuman Lamba
Independent Director10.2yrs₹60.00kno data
Deepika Shergill
Independent Woman Director5yrs₹40.00kno data

10.6yrs

Average Tenure

72yo

Average Age

Experienced Board: ALPSINDUS's board of directors are seasoned and experienced ( 10.6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Alps Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alps Industries Limited
  • Ticker: ALPSINDUS
  • Exchange: NSEI
  • Founded: 1962
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹33.247m
  • Shares outstanding: 39.11m
  • Website: https://www.alpsindustries.com

Number of Employees


Location

  • Alps Industries Limited
  • 57/2 Site IV
  • Industrial Area
  • Ghaziabad
  • Uttar Pradesh
  • 201010
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530715BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 1996
ALPSINDUSNSEI (National Stock Exchange of India)YesEquity SharesININRApr 1996

Biography

Alps Industries Limited manufactures and sells home furnishings, fashion accessories, and yarns in India. The company offers various yarn products, including open end, carded and combed grey single, compact, organic cotton, fair trade cotton, contamination free, slub, core spun lycra, reverse and zero twist, dyed, organic dyed, recycled cotton, and recycled polyester yarns. It also provides home textiles, such as drapery, upholstery, blackouts, duvet sets, bed covers and sheets, quilts, pillows, cushion covers, curtains, and table linens; cashmere, sheer, and aromatic shawls, scarves, mufflers, stoles, wraps, and other fashion accessories; and fabrics for upholstery, including office furniture and automobile seats. In addition, the company offers automotive/technical textiles; and bedding, windows dressings, decorative pillows and accents, table linen, and kitchen linen products. It sells its fashion accessories under the Le-Pashmina brand name. The company also exports its products. Alps Industries Limited was founded in 1962 and is based in Ghaziabad, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 12:51
End of Day Share Price2020/02/27 00:00
Earnings2019/12/31
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.