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Damodar Industries

NSEI:DAMOINDUS
Snowflake Description

Average dividend payer and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DAMOINDUS
NSEI
₹912M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Damodar Industries Limited manufactures and processes cotton and fancy yarns in India. The last earnings update was 68 days ago. More info.


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DAMOINDUS Share Price and Events
7 Day Returns
-0.2%
NSEI:DAMOINDUS
0.9%
IN Luxury
0.8%
IN Market
1 Year Returns
-38.3%
NSEI:DAMOINDUS
-3.2%
IN Luxury
-0.7%
IN Market
DAMOINDUS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Damodar Industries (DAMOINDUS) -0.2% -2.8% -8.2% -38.3% - -
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
  • DAMOINDUS underperformed the Luxury industry which returned -3.2% over the past year.
  • DAMOINDUS underperformed the Market in India which returned -0.7% over the past year.
Price Volatility
DAMOINDUS
Industry
5yr Volatility vs Market
Related Companies

DAMOINDUS Value

 Is Damodar Industries 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
  • It is not possible to calculate the future cash flow value for Damodar Industries. This is due to cash flow or dividend data being unavailable. The share price is ₹41.45.
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 Damodar Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Damodar Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:DAMOINDUS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹5.13
BSE:521220 Share Price ** BSE (2019-04-18) in INR ₹41
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 Damodar Industries.

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

= BSE:521220 Share Price ÷ EPS (both in INR)

= 41 ÷ 5.13

7.99x

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

  • Damodar Industries is good value based on earnings compared to the IN Luxury industry average.
  • Damodar Industries is good value based on earnings compared to the India market.
Price based on expected Growth
Does Damodar Industries's expected growth come at a high price?
Raw Data
NSEI:DAMOINDUS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.99x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-0%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 Damodar Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Damodar Industries's assets?
Raw Data
NSEI:DAMOINDUS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹47.79
BSE:521220 Share Price * BSE (2019-04-18) in INR ₹41
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:DAMOINDUS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:521220 Share Price ÷ Book Value per Share (both in INR)

= 41 ÷ 47.79

0.86x

* Primary Listing of Damodar Industries.

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

  • Damodar Industries is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Damodar Industries'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. Damodar Industries has a total score of 2/6, 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.

DAMOINDUS Future Performance

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

  • No analysts cover Damodar Industries, 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
-0%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Damodar Industries expected to grow at an attractive rate?
  • Damodar Industries'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
  • Damodar Industries's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • Unable to compare Damodar Industries's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:DAMOINDUS Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:DAMOINDUS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -0%
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:DAMOINDUS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:DAMOINDUS Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:DAMOINDUS Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 7,642 114
2018-09-30 7,610 116
2018-06-30 7,040 109
2018-03-31 6,497 160 117
2017-12-31 6,381 113
2017-09-30 6,514 96
2017-06-30 6,695 91
2017-03-31 7,040 128 90
2016-12-31 7,000 86
2016-09-30 6,810 93
2016-06-30 6,620 95
2016-03-31 6,209 285 104

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Damodar Industries's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Damodar Industries 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:DAMOINDUS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Damodar Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:DAMOINDUS Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:DAMOINDUS Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 5.13
2018-09-30 5.21
2018-06-30 4.90
2018-03-31 5.26
2017-12-31 5.06
2017-09-30 4.32
2017-06-30 4.09
2017-03-31 4.07
2016-12-31 3.88
2016-09-30 4.17
2016-06-30 4.27
2016-03-31 4.67

*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 Damodar Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Damodar Industries'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.
Damodar Industries 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.

DAMOINDUS Past Performance

  How has Damodar Industries 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 Damodar Industries'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.
  • Damodar Industries's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Damodar Industries's 1-year earnings growth exceeds its 5-year average (1.4% vs -5.1%)
  • Damodar Industries's earnings growth has not exceeded the IN Luxury industry average in the past year (1.4% vs 14.8%).
Earnings and Revenue History
Damodar Industries'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 Damodar Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:DAMOINDUS Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 7,641.66 114.12 236.05
2018-09-30 7,610.24 116.02 220.64
2018-06-30 7,040.12 109.14 199.28
2018-03-31 6,496.90 117.12 208.40
2017-12-31 6,380.65 112.56 203.60
2017-09-30 6,514.20 96.23 202.12
2017-06-30 6,694.67 91.03 180.39
2017-03-31 7,040.39 90.49 195.46
2016-12-31 6,999.88 86.20 210.19
2016-09-30 6,809.92 92.70 215.43
2016-06-30 6,619.86 94.88 191.17
2016-03-31 6,209.46 103.94 237.13
2015-12-31 5,989.12 129.50 448.33
2015-09-30 5,909.46 127.42 460.80
2015-06-30 5,885.86 123.98 461.04
2015-03-31 5,930.45 118.98 251.59
2014-12-31 6,321.98 96.82 516.84
2014-09-30 6,748.64 99.50 501.90
2014-06-30 7,166.82 129.98 487.98
2014-03-31 7,349.78 147.79 470.49
2013-12-31 7,285.70 154.17 421.56
2013-09-30 6,846.94 151.44 410.13
2013-06-30 6,204.67 131.77 131.18
2013-03-31 5,823.80 121.72 393.75
2012-12-31 5,103.18 111.52 276.23
2012-09-30 4,689.13 108.13 272.10
2012-06-30 4,448.33 92.27 291.03

*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.
  • Damodar Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Damodar Industries used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Damodar Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Damodar Industries'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.
Damodar Industries has a total score of 2/6, 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.

DAMOINDUS Health

 How is Damodar Industries'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 Damodar Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Damodar Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Damodar Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Damodar Industries'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 Damodar Industries Company Filings, last reported 3 months ago.

NSEI:DAMOINDUS Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,062.26 2,067.44 27.01
2018-09-30 1,062.26 2,067.44 27.01
2018-06-30 1,055.22 1,710.82 45.19
2018-03-31 1,055.22 1,708.23 42.60
2017-12-31 1,000.20 791.39 145.92
2017-09-30 1,000.20 791.39 145.92
2017-06-30 934.42 1,069.18 23.70
2017-03-31 984.03 1,056.34 21.65
2016-12-31 932.92 1,005.01 31.74
2016-09-30 932.92 1,005.01 31.74
2016-06-30 885.44 977.22 19.46
2016-03-31 885.44 974.63 19.46
2015-12-31 876.37 1,021.54 20.96
2015-09-30 876.37 1,021.54 20.96
2015-06-30 817.65 1,122.57 23.04
2015-03-31 817.65 1,122.57 23.04
2014-12-31 777.97 1,193.17 32.47
2014-09-30 777.97 1,193.17 32.47
2014-06-30 727.70 1,385.87 19.23
2014-03-31 727.70 1,385.87 19.23
2013-12-31 703.47 1,231.38 26.93
2013-09-30 703.47 1,231.38 26.93
2013-06-30
2013-03-31 604.89 1,312.56 20.17
2012-12-31 572.71 1,135.15 11.61
2012-09-30 572.71 1,135.15 11.61
2012-06-30 503.86 1,107.08 23.66
  • Damodar Industries's level of debt (194.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (175.2% vs 194.6% today).
  • Debt is not well covered by operating cash flow (7.8%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.3x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Damodar Industries'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. Damodar Industries 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.

DAMOINDUS Dividends

 What is Damodar Industries'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
3.66%
Current annual income from Damodar Industries dividends.
If you bought ₹2,000 of Damodar Industries shares you are expected to receive ₹73 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?
  • Damodar Industries's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Damodar Industries'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:DAMOINDUS 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:DAMOINDUS Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:DAMOINDUS Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-08-16 1.500 3.320
2018-05-28 1.500 2.748
2017-08-28 1.400 2.292
2017-06-07 1.400 3.282
2017-05-29 1.400 3.350
2016-09-06 1.350 3.418
2016-05-27 1.350 3.533
2016-02-02 1.150 3.427
2015-05-27 1.000 3.438
2014-07-23 0.960 4.586
2013-07-30 0.800 4.005
2013-01-16 0.960 5.483
2012-05-31 0.640 4.043
2011-05-30 0.600 4.244
2010-08-30 0.400 1.991
2009-06-29 0.240 1.993
2009-06-01 0.240 2.384
2009-04-21 0.600 6.435

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Damodar Industries's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.4x 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 Damodar Industries'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 Damodar Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Damodar Industries has a total score of 4/6, see the detailed checks below.


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

DAMOINDUS Management

 What is the CEO of Damodar Industries'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
Ajay Biyani
COMPENSATION ₹5,760,000
AGE 56
TENURE AS CEO 20.8 years
CEO Bio

Mr. Ajay D. Biyani has been the Managing Director of Damodar Industries Limited (formerly, Damodar Threads Ltd.) since June 5, 1998., and served as its Vigilance & Ethics Officer. Mr. Biyani is a Co-Founder of Damodar Industries Limited(Damodar Threads Ltd.) and has been its Executive Director since June 5, 1998. He is a Commerce graduate from University of Bombay.

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

Average tenure and age of the Damodar Industries management team in years:

6.5
Average Tenure
56
Average Age
  • The average tenure for the Damodar Industries management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Arun Biyani

TITLE
Co-Founder & Executive Chairman
COMPENSATION
₹6M
AGE
62

Ajay Biyani

TITLE
Co-Founder
COMPENSATION
₹6M
AGE
56
TENURE
20.8 yrs

Anil Biyani

TITLE
Co-Founder & Executive Director
COMPENSATION
₹7M
AGE
54

R. Kumar

TITLE
Chief Financial Officer
COMPENSATION
₹1M
TENURE
1.9 yrs

Subodh Soni

TITLE
Compliance Officer & Company Secretary
COMPENSATION
₹870K
TENURE
6.5 yrs

Aditya Biyani

TITLE
Head of Finance & Marketing
Board of Directors Tenure

Average tenure and age of the Damodar Industries board of directors in years:

15.4
Average Tenure
60
Average Age
  • The average tenure for the Damodar Industries board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Arun Biyani

TITLE
Co-Founder & Executive Chairman
COMPENSATION
₹6M
AGE
62
TENURE
10 yrs

Ajay Biyani

TITLE
Co-Founder
COMPENSATION
₹6M
AGE
56
TENURE
20.8 yrs

Anil Biyani

TITLE
Co-Founder & Executive Director
COMPENSATION
₹7M
AGE
54
TENURE
27.1 yrs

Girdharlal Daga

TITLE
Independent Non-Executive Director
COMPENSATION
₹36K
AGE
62
TENURE
24.8 yrs

Ashokkumar Damani

TITLE
Independent Non-Executive Director
COMPENSATION
₹36K
AGE
60

Raghavan Srinivas

TITLE
Independent Non-Executive Director
COMPENSATION
₹26K
TENURE
4.2 yrs

Farida Jambusarwalla

TITLE
Independent Non -Executive Director
COMPENSATION
₹26K
TENURE
4.1 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 (₹)
28. Sep 18 Buy Arun Biyani Individual 27. Sep 18 27. Sep 18 1,398 ₹48.50 ₹67,803
X
Management checks
We assess Damodar Industries'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. Damodar Industries 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.

DAMOINDUS News

Simply Wall St News

Should Damodar Industries Limited (NSE:DAMOINDUS) Be Part Of Your Portfolio?

Historically, Damodar Industries Limited (NSE:DAMOINDUS) has been paying a dividend to shareholders. … Does Damodar Industries tick all the boxes of a great dividend stock? … See our latest analysis for Damodar Industries

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Is Damodar Industries Limited’s (NSE:DAMOINDUS) 13% Return On Capital Employed Good News?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … How Do You Calculate Return On Capital Employed

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Is Damodar Industries Limited's (NSE:DAMOINDUS) P/E Ratio Really That Good?

To keep it practical, we'll show how Damodar Industries Limited's (NSE:DAMOINDUS) P/E ratio could help you assess the value on offer. … Based on the last twelve months, Damodar Industries's P/E ratio is 6.92. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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Can We See Significant Insider Ownership On The Damodar Industries Limited (NSE:DAMOINDUS) Share Register?

If you want to know who really controls Damodar Industries Limited (NSE:DAMOINDUS), then you'll have to look at the makeup of its share registry. … So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … View our latest analysis for Damodar Industries

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Should You Be Impressed By Damodar Industries Limited's (NSE:DAMOINDUS) ROE?

Damodar Industries has a ROE of 11%, based on the last twelve months. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.11 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Should You Take Comfort From Insider Transactions At Damodar Industries Limited (NSE:DAMOINDUS)?

So before you buy or sell Damodar Industries Limited (NSE:DAMOINDUS), you may well want to know whether insiders have been buying or selling. … However, most countries require that the company discloses such transactions to the market. … Damodar Industries Insider Transactions Over The Last Year

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What Should Investors Know About Damodar Industries Limited's (NSE:DAMOINDUS) Capital Returns?

and want a simplistic look at the return on Damodar Industries Limited (NSE:DAMOINDUS) stock. … Your return is tied to DAMOINDUS’s ability to do this because the amount earned is used to invest in opportunities to grow the business or payout dividends, which are the two sources of return on investment. … Therefore, looking at how efficiently Damodar Industries is able to use capital to create earnings will help us understand your potential return.

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Do You Like Damodar Industries Limited (NSE:DAMOINDUS) At This P/E Ratio?

We'll look at Damodar Industries Limited's (NSE:DAMOINDUS) P/E ratio and reflect on what it tells us about the company's share price. … Damodar Industries has a P/E ratio of 9.41, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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Want To Invest In Damodar Industries Limited (NSE:DAMOINDUS)? Here's How It Performed Lately

Assessing Damodar Industries Limited's (NSE:DAMOINDUS) performance as a company requires looking at more than just a years' earnings data. … Below, I will run you through a simple sense check to build perspective on how Damodar Industries is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its luxury industry peers. … How DAMOINDUS fared against its long-term earnings performance and its industry

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Damodar Industries Limited (NSE:DAMOINDUS): Assessing Capital Returns

and looking to gauge the potential return on investment in Damodar Industries Limited (NSE:DAMOINDUS). … Therefore, looking at how efficiently Damodar Industries is able to use capital to create earnings will help us understand your potential return. … Damodar Industries's Return On Capital Employed

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DAMOINDUS Company Info

Description

Damodar Industries Limited manufactures and processes cotton and fancy yarns in India. It also exports its products to approximately 40 countries across Europe, South Africa, South America, Australia, Korea, Belgium, Singapore, Italy, Egypt, and the Gulf countries. The company was formerly known as Damodar Threads Limited and changed its name to Damodar Industries Limited in January 2013. Damodar Industries Limited was incorporated in 1987 and is headquartered in Mumbai, India.

Details
Name: Damodar Industries Limited
DAMOINDUS
Exchange: NSEI
Founded: 1987
₹912,316,584
22,251,624
Website: http://www.damodargroup.com
Address: Damodar Industries Limited
19/22 & 27/30, Madhu Estate,
Pandurang Budhkar Marg,
Mumbai,
Maharashtra, 400013,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 521220 Equity Shares Mumbai Stock Exchange IN INR 25. May 2005
NSEI DAMOINDUS Equity Shares National Stock Exchange of India IN INR 25. May 2005
Number of employees
Current staff
Staff numbers
423
Damodar Industries employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 12:56
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2018/05/26
Last earnings filing: 2019/02/11
Last earnings reported: 2018/12/31
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.