Dollar Industries Limited manufactures and markets hosiery and garments primarily in India.
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.
7 Day Return
1 Year Return
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.
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
2 days ago | Simply Wall StVinod Gupta Is The CEO, MD & Director of Dollar Industries Limited (NSE:DOLLAR) And They Just Sold 100% Of Their Shares
4 days ago | Simply Wall StWhat Is Dollar Industries's (NSE:DOLLAR) P/E Ratio After Its Share Price Tanked?
1 week ago | Simply Wall StShould You Be Concerned With Dollar Industries Limited's (NSE:DOLLAR) -3.8% Earnings Drop?
Is Dollar Industries 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: 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).
How is Dollar Industries 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 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.
- Examine Dollar Industries'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.
- Dollar Industries 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 Dollar Industries performed over the past 5 years?
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.
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).
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).
What is Dollar Industries's current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Vinod Gupta (69yo)
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.
|CEO, MD & Director||no data||₹10.90m||no data|
|Administrative Director & Executive Director||no data||₹800.00k||0.0031% ₹184.3k|
|Whole-Time Director||14.42yrs||₹7.70m||2.93% ₹174.7m|
|MD & Director||14.42yrs||₹10.60m||2.77% ₹165.1m|
|Whole-Time Director||14.58yrs||₹8.00m||2.89% ₹172.1m|
|Non-Executive Independent Director||2.92yrs||₹40.00k||no data|
|Non-Executive Independent Director||no data||₹62.00k||0.0088% ₹526.0k|
|Non-Executive Independent Director||no data||₹148.00k||no data|
|Independent Women Director||2.08yrs||₹94.00k||no data|
|Non Executive Director||1.58yrs||₹20.00k||no data|
Experienced Board: DOLLAR's board of directors are seasoned and experienced ( 14.4 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Dollar Industries Limited's company bio, employee growth, exchange listings and data sources
- 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
- Dollar Industries Limited
- OM Tower
- 15th Floor
- West Bengal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DOLLAR||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Apr 2017|
|541403||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Apr 2017|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 13:47|
|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.