Ambika Cotton Mills Limited manufactures and sells specialty cotton yarns, waste cotton, and knitted fabrics in India, other Asian countries, Europe, and North America.
Excellent balance sheet average dividend payer.
Share Price & News
How has Ambika Cotton Mills's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AMBIKCO's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AMBIKCO underperformed the Indian Luxury industry which returned -26.9% over the past year.
Return vs Market: AMBIKCO underperformed the Indian Market which returned -29.2% over the past year.
Price Volatility Vs. Market
How volatile is Ambika Cotton Mills's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StAmbika Cotton Mills Limited (NSE:AMBIKCO) Is Employing Capital Very Effectively
2 weeks ago | Simply Wall StDoes Ambika Cotton Mills Limited's (NSE:AMBIKCO) P/E Ratio Signal A Buying Opportunity?
1 month ago | Simply Wall StShould You Be Excited About Ambika Cotton Mills Limited's (NSE:AMBIKCO) 11% Return On Equity?
Is Ambika Cotton Mills undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AMBIKCO (₹548.05) is trading above our estimate of fair value (₹400.09)
Significantly Below Fair Value: AMBIKCO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AMBIKCO is good value based on its PE Ratio (5.8x) compared to the Luxury industry average (7.8x).
PE vs Market: AMBIKCO is good value based on its PE Ratio (5.8x) compared to the Indian market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AMBIKCO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AMBIKCO is overvalued based on its PB Ratio (0.6x) compared to the IN Luxury industry average (0.4x).
How is Ambika Cotton Mills forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Ambika Cotton Mills 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.
- Examine Ambika Cotton Mills's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Ambika Cotton Mills competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Ambika Cotton Mills performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AMBIKCO has high quality earnings.
Growing Profit Margin: AMBIKCO's current net profit margins (8.8%) are lower than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: AMBIKCO's earnings have declined by -0.4% per year over the past 5 years.
Accelerating Growth: AMBIKCO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AMBIKCO had negative earnings growth (-16.3%) over the past year, making it difficult to compare to the Luxury industry average (6.4%).
Return on Equity
High ROE: AMBIKCO's Return on Equity (11%) is considered low.
How is Ambika Cotton Mills's financial position?
Financial Position Analysis
Short Term Liabilities: AMBIKCO's short term assets (₹3.6B) exceed its short term liabilities (₹973.2M).
Long Term Liabilities: AMBIKCO's short term assets (₹3.6B) exceed its long term liabilities (₹325.5M).
Debt to Equity History and Analysis
Debt Level: AMBIKCO's debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: AMBIKCO's debt to equity ratio has reduced from 13.5% to 3.8% over the past 5 years.
Debt Coverage: AMBIKCO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AMBIKCO's interest payments on its debt are well covered by EBIT (9.5x coverage).
Inventory Level: AMBIKCO has a high level of physical assets or inventory.
Debt Coverage by Assets: AMBIKCO's debt is covered by short term assets (assets are 19x debt).
What is Ambika Cotton Mills's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AMBIKCO's dividend (5.39%) is higher than the bottom 25% of dividend payers in the Indian market (0.95%).
High Dividend: AMBIKCO's dividend (5.39%) is in the top 25% of dividend payers in the Indian market (4.18%)
Stability and Growth of Payments
Stable Dividend: AMBIKCO's dividend payments have been volatile in the past 10 years.
Growing Dividend: AMBIKCO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.1%), AMBIKCO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Puthan Chandran (69yo)
Sri. Puthan Veedu Chandran has been a Managing Director and an Executive Director at Ambika Cotton Mills Ltd. since October 6, 1988 and serves as its Chairman and is its Promoter.
CEO Compensation Analysis
Compensation vs Market: Puthan's total compensation ($USD33.17K) is below average for companies of similar size in the Indian market ($USD48.50K).
Compensation vs Earnings: Puthan's compensation has been consistent with company performance over the past year.
|Chairman & MD||31.42yrs||₹2.50m||10.48% ₹333.9m|
|Non-Executive & Independent Director||17.67yrs||₹200.00k||0.0018% ₹55.8k|
|Non-Executive & Independent Director||25.42yrs||₹150.00k||no data|
|Non Executive Director||12.17yrs||₹100.00k||no data|
|Non Executive Director||8.08yrs||₹200.00k||no data|
|Independent Director||2.58yrs||₹150.00k||no data|
Experienced Board: AMBIKCO's board of directors are seasoned and experienced ( 12.2 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ambika Cotton Mills Limited's company bio, employee growth, exchange listings and data sources
- Name: Ambika Cotton Mills Limited
- Ticker: AMBIKCO
- Exchange: NSEI
- Founded: 1988
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹3.187b
- Shares outstanding: 5.73m
- Website: https://www.acmills.in
Number of Employees
- Ambika Cotton Mills Limited
- Sivanandha Colony
- 15, Valluvar Street
- Tamil Nadu
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|531978||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Apr 2005|
|AMBIKCO||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Apr 2005|
Ambika Cotton Mills Limited manufactures and sells specialty cotton yarns, waste cotton, and knitted fabrics in India, other Asian countries, Europe, and North America. The company operates in two segments, Textiles and Windmills. It serves the manufacturers of branded shirts and T-shirts. Ambika Cotton Mills Limited was incorporated in 1988 and is headquartered in Coimbatore, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 13:22|
|End of Day Share Price||2020/03/27 00:00|
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.