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Blue Blends (India)

NSEI:BLUBLND-B
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BLUBLND-B
NSEI
₹87M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Blue Blends (India) Limited manufactures and supplies denim fabrics in India and internationally. The last earnings update was 225 days ago. More info.


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BLUBLND-B Share Price and Events
7 Day Returns
-2.8%
NSEI:BLUBLND-B
0.9%
IN Luxury
0.8%
IN Market
1 Year Returns
-82.1%
NSEI:BLUBLND-B
-3.2%
IN Luxury
-0.7%
IN Market
BLUBLND-B Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Blue Blends (India) (BLUBLND-B) -2.8% -4.1% -15.7% -82.1% -96.1% -
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
  • BLUBLND-B underperformed the Luxury industry which returned -3.2% over the past year.
  • BLUBLND-B underperformed the Market in India which returned -0.7% over the past year.
Price Volatility
BLUBLND-B
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Blue Blends (India) 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 Blue Blends (India) 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 Blue Blends (India).

NSEI:BLUBLND-B Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 24.8%
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:BLUBLND-B
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%) (939.57%))
3.802
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (2 * 8.6%)
24.75%

Discounted Cash Flow Calculation for NSEI:BLUBLND-B using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Blue Blends (India) is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:BLUBLND-B DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 24.75%)
2019 97.07 Est @ -13.32% 77.81
2020 90.22 Est @ -7.06% 57.97
2021 87.81 Est @ -2.68% 45.23
2022 88.15 Est @ 0.39% 36.40
2023 90.39 Est @ 2.54% 29.92
2024 94.04 Est @ 4.04% 24.95
2025 98.83 Est @ 5.09% 21.02
2026 104.60 Est @ 5.83% 17.83
2027 111.24 Est @ 6.35% 15.20
2028 118.70 Est @ 6.71% 13.00
Present value of next 10 years cash flows ₹339.33
NSEI:BLUBLND-B DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹118.70 × (1 + 7.55%) ÷ (24.75% – 7.55%)
₹742.20
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹742.20 ÷ (1 + 24.75%)10
₹81.30
NSEI:BLUBLND-B Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹339.33 + ₹81.30
₹420.64
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹420.64 / 21.65
₹19.43
NSEI:BLUBLND-B Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:BLUBLND-B represents 0.875x of BSE:502761
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.875x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 19.43 x 0.875
₹17.00
Value per share (INR) From above. ₹17.00
Current discount Discount to share price of ₹3.50
= -1 x (₹3.50 - ₹17.00) / ₹17.00
79.4%

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

Current Discount
Amount off the current price Blue Blends (India) is available for.
Intrinsic value
>50%
Share price is ₹3.5 vs Future cash flow value of ₹17
Current Discount Checks
For Blue Blends (India) to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Blue Blends (India)'s share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Blue Blends (India)'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 Blue Blends (India)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Blue Blends (India)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:BLUBLND-B PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹-15.34
BSE:502761 Share Price ** BSE (2019-04-18) in INR ₹4
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 Blue Blends (India).

NSEI:BLUBLND-B PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:502761 Share Price ÷ EPS (both in INR)

= 4 ÷ -15.34

-0.26x

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

  • Blue Blends (India) is loss making, we can't compare its value to the IN Luxury industry average.
  • Blue Blends (India) is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Blue Blends (India)'s expected growth come at a high price?
Raw Data
NSEI:BLUBLND-B PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
65%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 Blue Blends (India), we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Blue Blends (India)'s assets?
Raw Data
NSEI:BLUBLND-B PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹11.73
BSE:502761 Share Price * BSE (2019-04-18) in INR ₹4
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:BLUBLND-B PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:502761 Share Price ÷ Book Value per Share (both in INR)

= 4 ÷ 11.73

0.34x

* Primary Listing of Blue Blends (India).

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

  • Blue Blends (India) is good value based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Blue Blends (India)'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. Blue Blends (India) has a total score of 3/6, 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 Blue Blends (India) expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Blue Blends (India), 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
65%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Blue Blends (India) expected to grow at an attractive rate?
  • Blue Blends (India)'s earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Blue Blends (India)'s earnings growth is expected to exceed the India market average.
  • Unable to compare Blue Blends (India)'s revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:BLUBLND-B Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:BLUBLND-B Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 65%
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:BLUBLND-B Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year 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:BLUBLND-B Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:BLUBLND-B Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 1,322 112 -327
2017-03-31 1,649 27 70
2016-03-31 1,802 156 87

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Blue Blends (India)'s earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Blue Blends (India) 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:BLUBLND-B Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Blue Blends (India) Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:BLUBLND-B Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:BLUBLND-B Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 -15.34
2017-03-31 3.42
2016-03-31 4.47

*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 Blue Blends (India) will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Blue Blends (India)'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.
Blue Blends (India) has a total score of 3/6, 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 Blue Blends (India) performed over the past 5 years?

  • Blue Blends (India)'s last earnings update was 225 days ago.
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 Blue Blends (India)'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.
  • Blue Blends (India) does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Blue Blends (India)'s 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Blue Blends (India)'s 1-year growth to the IN Luxury industry average as it is not currently profitable.
Earnings and Revenue History
Blue Blends (India)'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 Blue Blends (India) Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:BLUBLND-B Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 1,322.11 -327.05 65.80
2017-03-31 1,649.17 69.93 75.19
2016-03-31 1,801.53 86.77 63.55
2015-03-31 1,763.36 54.80 59.47
2014-03-31 1,755.58 87.68 95.90
2013-03-31 1,686.92 210.04 85.27

*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.
  • It is difficult to establish if Blue Blends (India) has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Blue Blends (India) has efficiently used its assets last year compared to the IN Luxury industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Blue Blends (India) improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Blue Blends (India)'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.
Blue Blends (India) has a total score of 0/6, 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 Blue Blends (India)'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 Blue Blends (India)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Blue Blends (India) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Blue Blends (India)'s cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Blue Blends (India)'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 not covered by short term assets, assets are 0.9x 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 Blue Blends (India) Company Filings, last reported 1 year ago.

NSEI:BLUBLND-B Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 253.90 813.71 0.84
2017-03-31 532.02 848.62 31.10
2016-03-31 684.03 665.44 90.32
2015-03-31 533.01 611.62 38.03
2014-03-31 478.20 625.00 138.76
2013-03-31 388.50 433.37 68.56
  • Blue Blends (India)'s level of debt (320.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (111.6% vs 320.5% today).
  • Debt is not well covered by operating cash flow (13.8%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Blue Blends (India)'s debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Blue Blends (India)'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. Blue Blends (India) has a total score of 2/6, 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 Blue Blends (India)'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
0%
Current annual income from Blue Blends (India) dividends.
If you bought ₹2,000 of Blue Blends (India) shares you are expected to receive ₹0 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?
  • Unable to evaluate Blue Blends (India)'s dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Blue Blends (India)'s dividend against the top 25% market benchmark as the company has not reported any payouts.
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:BLUBLND-B 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:BLUBLND-B Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:BLUBLND-B Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-06-25 0.000 0.000
2017-09-28 0.000 0.000
2016-08-30 0.500 1.096
2016-05-30 0.500 0.710

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

  • Unable to perform a dividend volatility check as Blue Blends (India) has not reported any payouts.
  • Unable to verify if Blue Blends (India)'s dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Blue Blends (India)'s earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Blue Blends (India) has not reported any payouts.
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 Blue Blends (India)'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 Blue Blends (India) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Blue Blends (India) has a total score of 0/6, 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 Blue Blends (India)'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
AA Arya
COMPENSATION ₹2,400,000
AGE 66
CEO Bio

Mr. Anand Chandulal Arya, also known as AA, founded Blue Blends (India) Ltd. in 1981 and serves as its Managing Director. Mr. Arya served as the Chief Managing Director of Blue Blends (India) Ltd. since April 1, 2005. Mr. Arya founded Arya Group and serves as its Chief Executive Officer. He served as the Managing Director at Vishwamitra Financial Services Limited (formerly, Blue Blends Finance Ltd.) until January 15, 2015. He has been an Executive Chairman and Executive Director of Blue Blends (India) Ltd. since February 16, 1981. He served as the Chairman of Blue Blends Finance Ltd and has been its Director since November 6, 1985. He serves as a Director of Cressida Traders Private Ltd. He is a qualified and professional promoter with proven manegerial skill having experience of around 29 years in the textile industry. He holds B.com. and LL.B.

CEO Compensation
  • AA's compensation has been consistent with company performance over the past year.
  • AA's remuneration is higher than average for companies of similar size in India.
Management Team

AA Arya

TITLE
Founder
COMPENSATION
₹2M
AGE
66

Nirmalkumar Sirohiya

TITLE
Chief Finance Officer
COMPENSATION
₹537K
TENURE
2.7 yrs
Board of Directors Tenure

Average tenure and age of the Blue Blends (India) board of directors in years:

8.3
Average Tenure
63.5
Average Age
  • The tenure for the Blue Blends (India) board of directors is about average.
Board of Directors

AA Arya

TITLE
Founder
COMPENSATION
₹2M
AGE
66
TENURE
38.2 yrs

SKT Tambawalla

TITLE
Non-Executive Independent Director
COMPENSATION
₹3K
AGE
77
TENURE
12.6 yrs

Rukmani Iyer

TITLE
Non-Executive Director
COMPENSATION
₹242K
AGE
61
TENURE
4.1 yrs

Janardan Joshi

TITLE
Non-Executive Independent Director
COMPENSATION
₹3K
AGE
58
TENURE
3.5 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 (₹)
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Management checks
We assess Blue Blends (India)'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. Blue Blends (India) 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

The Blue Blends (India) (NSE:BLUBLND-B) Share Price Is Down 96% So Some Shareholders Are Very Salty

Blue Blends (India) Limited (NSE:BLUBLND-B) shareholders should be happy to see the share price up 13% in the last month. … Indeed, the share price is down a whopping 96% in the last three years. … Over the three years that the share price declined, Blue Blends (India)'s earnings per share (EPS) dropped significantly, falling to a loss.

Simply Wall St -

Is Blue Blends (India) Limited's (NSE:BLUBLND-B) CEO Salary Justified?

AA Arya took the helm as Blue Blends (India) Limited's (NSE:BLUBLND-B) CEO and grew market cap to ₹197.03m recently. … Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … View out our latest analysis for Blue Blends (India)

Simply Wall St -

Is Blue Blends (India) Limited's (NSE:BLUBLND-B) Balance Sheet Strong Enough To Weather A Storm?

On top of this, BLUBLND-B has produced ₹26.49M in operating cash flow over the same time period, leading to an operating cash to total debt ratio of 3.49%, signalling that BLUBLND-B’s current level of operating cash is not high enough to cover debt. … Since total debt levels have outpaced equities, BLUBLND-B is a highly leveraged company. … In BLUBLND-B's, case, the ratio of 1.62x suggests that interest is not strongly covered, which means that lenders may refuse to lend the company more money, as it is seen as too risky in terms of default.Next Steps: BLUBLND-B’s debt and cash flow levels indicate room for improvement.

Simply Wall St -

Company Info

Description

Blue Blends (India) Limited manufactures and supplies denim fabrics in India and internationally. It offers classic, silky, fancy, structured, mercerized, mercerized lycra, poly stretch, silky stretch, cotton, and cotton lycra products. The company was incorporated in 1981 and is based in Mumbai, India.

Details
Name: Blue Blends (India) Limited
BLUBLND-B
Exchange: NSEI
Founded: 1981
₹86,604,852
21,651,213
Website: http://www.blueblends.com
Address: Blue Blends (India) Limited
JBF House,
2nd Floor,
Mumbai,
Maharashtra, 400002,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 502761 Equity Shares Mumbai Stock Exchange IN INR 04. Dec 2012
NSEI BLUBLND-B Equity Shares National Stock Exchange of India IN INR 04. Dec 2012
Number of employees
Current staff
Staff numbers
0
Blue Blends (India) employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 12:53
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2017/05/30
Last earnings filing: 2018/09/07
Last earnings reported: 2018/03/31
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.