NSEI:DOLLAR

Stock Analysis Report

Executive Summary

Dollar Industries Limited manufactures and markets hosiery and garments primarily in India.


Snowflake Analysis

Adequate balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-11.2%

DOLLAR

-2.4%

IN Luxury

-3.0%

IN Market


1 Year Return

-63.3%

DOLLAR

-26.9%

IN Luxury

-29.2%

IN Market

Return vs Industry: DOLLAR underperformed the Indian Luxury industry which returned -26.9% over the past year.

Return vs Market: DOLLAR underperformed the Indian Market which returned -29.2% over the past year.


Shareholder returns

DOLLARIndustryMarket
7 Day-11.2%-2.4%-3.0%
30 Day-44.9%-28.4%-26.9%
90 Day-23.9%-25.6%-28.5%
1 Year-63.0%-63.3%-26.2%-26.9%-27.7%-29.2%
3 Yearn/a0.8%-1.6%-15.2%-19.9%
5 Yearn/a43.7%38.6%-3.1%-8.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

8.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DOLLAR (₹105.15) is trading above our estimate of fair value (₹49.64)

Significantly Below Fair Value: DOLLAR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DOLLAR is poor value based on its PE Ratio (8.9x) compared to the Luxury industry average (7.8x).

PE vs Market: DOLLAR is good value based on its PE Ratio (8.9x) compared to the Indian market (9.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DOLLAR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DOLLAR is overvalued based on its PB Ratio (1.4x) compared to the IN Luxury industry average (0.4x).


Next Steps

Future Growth

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

19.9%

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 Dollar 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 Dollar Industries performed over the past 5 years?

28.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DOLLAR has high quality earnings.

Growing Profit Margin: DOLLAR's current net profit margins (6.5%) are lower than last year (7.2%).


Past Earnings Growth Analysis

Earnings Trend: DOLLAR's earnings have grown significantly by 28.7% per year over the past 5 years.

Accelerating Growth: DOLLAR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DOLLAR had negative earnings growth (-3.8%) over the past year, making it difficult to compare to the Luxury industry average (6.4%).


Return on Equity

High ROE: DOLLAR's Return on Equity (15.6%) is considered low.


Next Steps

Financial Health

How is Dollar Industries's financial position?


Financial Position Analysis

Short Term Liabilities: DOLLAR's short term assets (₹6.9B) exceed its short term liabilities (₹3.4B).

Long Term Liabilities: DOLLAR's short term assets (₹6.9B) exceed its long term liabilities (₹151.6M).


Debt to Equity History and Analysis

Debt Level: DOLLAR's debt to equity ratio (48.4%) is considered high.

Reducing Debt: DOLLAR's debt to equity ratio has reduced from 147% to 48.4% over the past 5 years.

Debt Coverage: DOLLAR's debt is not well covered by operating cash flow (13.4%).

Interest Coverage: DOLLAR's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet

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

Debt Coverage by Assets: DOLLAR's debt is covered by short term assets (assets are 3.3x debt).


Next Steps

Dividend

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

1.62%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DOLLAR's dividend (1.62%) is higher than the bottom 25% of dividend payers in the Indian market (0.95%).

High Dividend: DOLLAR's dividend (1.62%) is low compared to the top 25% of dividend payers in the Indian market (4.18%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, DOLLAR has been paying a dividend for less than 10 years.

Growing Dividend: DOLLAR's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14.4%), DOLLAR's dividend payments are thoroughly 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

14.4yrs

Average board tenure


CEO

Vinod Gupta (69yo)

no data

Tenure

₹10,900,000

Compensation

Mr. Vinod Kumar Gupta, B.Sc, L.L.B has been the Chief Financial Officer of Parenteral Drug (India) Limited since April 23, 2019 and its Director and Managing Director since April 2019 and June 10, 2019 res ...


CEO Compensation Analysis

Compensation vs Market: Vinod's total compensation ($USD144.61K) is above average for companies of similar size in the Indian market ($USD48.50K).

Compensation vs Earnings: Vinod's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Vinod Gupta
CEO, MD & Directorno data₹10.90mno data
Gopalakrishnan Sarankapani
Administrative Director & Executive Directorno data₹800.00k0.0031% 184.3k
Bajrang Gupta
Whole-Time Director14.42yrs₹7.70m2.93% 174.7m
Binay Gupta
MD & Director14.42yrs₹10.60m2.77% 165.1m
Krishan Gupta
Whole-Time Director14.58yrs₹8.00m2.89% 172.1m
Sunil Mitra
Non-Executive Independent Director2.92yrs₹40.00kno data
Binay Agarwal
Non-Executive Independent Directorno data₹62.00k0.0088% 526.0k
Rajesh Bubna
Non-Executive Independent Directorno data₹148.00kno data
Divyaa Newatia
Independent Women Director2.08yrs₹94.00kno data
Sanjay Jhunjhunwalla
Non Executive Director1.58yrs₹20.00kno data

14.4yrs

Average Tenure

53yo

Average Age

Experienced Board: DOLLAR's board of directors are seasoned and experienced ( 14.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DOLLAR insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Dollar Industries Limited
  • Ticker: DOLLAR
  • Exchange: NSEI
  • Founded: 1972
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₹5.964b
  • Shares outstanding: 56.72m
  • Website: https://www.dollarglobal.in/

Number of Employees


Location

  • Dollar Industries Limited
  • OM Tower
  • 15th Floor
  • Kolkata
  • West Bengal
  • 700071
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DOLLARNSEI (National Stock Exchange of India)YesEquity SharesININRApr 2017
541403BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2017

Biography

Dollar Industries Limited manufactures and markets hosiery and garments primarily in India. It offers vests, briefs, trunks, T-shirts, atheleisure, boxers, bermudas, capris, track pants, camisoles, panties, leggings, lounge wears, and trousers for men, women, and children. The company offers its products under the Dollar Bigboss, Dollar Missy, Force NXT, Force-Go-Wear, Dollar J Class, Dollar Lehar, Dollar Comfort, Dollar Champion, Dollar RKG, Dollar Commando, Dollar Bravery, Dollar Ultra, Dollar Foot Prints, and other brands. It also offers its products in the United Arab Emirates, Oman, Qatar, Kuwait, Bahrain, Yemen, Iraq, Nepal, Nigeria, Jordan, Myanmar, Ghana, Algeria, Kenya, Iran, Ukraine, Togo, and Latvia. Dollar Industries Limited was founded in 1972 and is headquartered in Kolkata, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 13:47
End of Day Share Price2020/03/27 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.