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Dollar Industries

NSEI:DOLLAR
Snowflake Description

Solid track record with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DOLLAR
NSEI
₹16B
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Dollar Industries Limited manufactures and markets hosiery and garments primarily in India. The last earnings update was 193 days ago. More info.


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DOLLAR Share Price and Events
7 Day Returns
-3.7%
NSEI:DOLLAR
-2.5%
IN Luxury
-2.1%
IN Market
1 Year Returns
-34.3%
NSEI:DOLLAR
-8.9%
IN Luxury
-8.6%
IN Market
DOLLAR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dollar Industries (DOLLAR) -3.7% -6.6% -10.2% -34.3% - -
IN Luxury -2.5% -2% -3.9% -8.9% 47.6% 187.3%
IN Market -2.1% -4.5% -3.5% -8.6% 40.3% 78.7%
1 Year Return vs Industry and Market
  • DOLLAR underperformed the Luxury industry which returned -8.9% over the past year.
  • DOLLAR underperformed the Market in India which returned -8.6% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Dollar 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
Here we compare the current share price of Dollar Industries 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 Dollar Industries.

NSEI:DOLLAR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 13.5%
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:DOLLAR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 7.5%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.57
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.574 (1 + (1- 35%) (11.7%))
0.618
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.8 * 7.45%)
13.51%

Discounted Cash Flow Calculation for NSEI:DOLLAR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Dollar Industries is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:DOLLAR DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (INR, Millions) 250.00 475.00 489.00 536.77 589.20
Source Analyst x1 Analyst x1 Analyst x1 Est @ 9.77% Est @ 9.77%
Present Value
Discounted (@ 13.51%)
220.24 368.66 334.35 323.33 312.67
Present value of next 5 years cash flows ₹1,559.26
NSEI:DOLLAR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= ₹589.20 × (1 + 7.55%) ÷ (13.51% – 7.55%)
₹10,632.23
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= ₹10,632.23 ÷ (1 + 13.51%)5
₹5,642.27
NSEI:DOLLAR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= ₹1,559.26 + ₹5,642.27
₹7,201.53
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹7,201.53 / 56.72
₹126.98
NSEI:DOLLAR Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹126.98
Current discount Discount to share price of ₹278.70
= -1 x (₹278.70 - ₹126.98) / ₹126.98
-119.5%

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

  • The current share price of Dollar Industries is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Dollar Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dollar Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:DOLLAR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹11.53
NSEI:DOLLAR Share Price ** NSEI (2019-02-19) in INR ₹278.7
India Luxury Industry PE Ratio Median Figure of 237 Publicly-Listed Luxury Companies 11.54x
India Market PE Ratio Median Figure of 2,715 Publicly-Listed Companies 15.16x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Dollar Industries.

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

= NSEI:DOLLAR Share Price ÷ EPS (both in INR)

= 278.7 ÷ 11.53

24.18x

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

  • Dollar Industries is overvalued based on earnings compared to the IN Luxury industry average.
  • Dollar Industries is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Dollar Industries's expected growth come at a high price?
Raw Data
NSEI:DOLLAR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 24.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
17%per year
India Luxury Industry PEG Ratio Median Figure of 27 Publicly-Listed Luxury Companies 1.09x
India Market PEG Ratio Median Figure of 606 Publicly-Listed Companies 1.1x

*Line of best fit is calculated by linear regression .

NSEI:DOLLAR PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 24.18x ÷ 17%

1.42x

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

  • Dollar Industries is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Dollar Industries's assets?
Raw Data
NSEI:DOLLAR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹62.13
NSEI:DOLLAR Share Price * NSEI (2019-02-19) in INR ₹278.7
India Luxury Industry PB Ratio Median Figure of 307 Publicly-Listed Luxury Companies 0.69x
India Market PB Ratio Median Figure of 3,587 Publicly-Listed Companies 1.04x
NSEI:DOLLAR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:DOLLAR Share Price ÷ Book Value per Share (both in INR)

= 278.7 ÷ 62.13

4.49x

* Primary Listing of Dollar Industries.

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

  • Dollar Industries is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Dollar 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. Dollar Industries has a total score of 0/6, 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 Dollar Industries expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
17%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dollar Industries expected to grow at an attractive rate?
  • Dollar Industries's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Dollar Industries's earnings growth is positive but not above the India market average.
  • Dollar Industries's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
NSEI:DOLLAR Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:DOLLAR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 17%
NSEI:DOLLAR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 12%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.3%
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:DOLLAR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:DOLLAR Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 14,345 609 1,087 1
2020-03-31 12,308 754 903 2
2019-03-31 11,042 1,247 773 2
NSEI:DOLLAR Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 9,825 -311 636
2017-12-31 9,836 632
2017-09-30 9,169 512
2017-06-30 9,013 478
2017-03-31 8,986 265 435
2016-12-31 8,447 327
2016-09-30 8,788 305
2016-06-30 8,887 266
2016-03-31 8,218 76 264
2015-12-31 7,927 226
2015-09-30 7,510 207
2015-06-30 7,332 209

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Dollar Industries's earnings are expected to grow by 17% yearly, however this is not considered high growth (20% yearly).
  • Dollar Industries's revenue is expected to grow by 12% yearly, however this is not considered high growth (20% yearly).
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:DOLLAR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Dollar Industries Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:DOLLAR Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 19.20 19.20 19.20 1.00
2020-03-31 15.95 16.10 15.80 2.00
2019-03-31 13.60 13.70 13.50 2.00
NSEI:DOLLAR Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 11.53
2017-12-31 11.42
2017-09-30 9.45
2017-06-30 8.22
2017-03-31 8.02
2016-12-31 6.50
2016-09-30 6.56
2016-06-30 6.87
2016-03-31 6.81
2015-12-31 5.83
2015-09-30 5.33
2015-06-30 5.41

*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.
  • Dollar Industries is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Dollar 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.
Dollar Industries 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 Dollar Industries performed over the past 5 years?

  • Dollar Industries's last earnings update was 193 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 Dollar 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.
  • Dollar Industries has delivered over 20% year on year earnings growth in the past 5 years.
  • Dollar Industries's 1-year earnings growth exceeds its 5-year average (46.4% vs 34.7%)
  • Dollar Industries's earnings growth has exceeded the IN Luxury industry average in the past year (46.4% vs 14.1%).
Earnings and Revenue History
Dollar 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 Dollar Industries Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:DOLLAR 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 9,825.23 636.35 1,266.26
2017-12-31 9,836.33 631.97 1,211.53
2017-09-30 9,168.58 512.48 1,204.90
2017-06-30 9,013.03 477.53 1,187.94
2017-03-31 8,985.75 434.69 1,176.06
2016-12-31 8,447.05 327.39 986.13
2016-09-30 8,787.54 305.01 954.66
2016-06-30 8,886.62 265.99 927.40
2016-03-31 8,217.92 263.54 903.20
2015-12-31 7,926.86 225.60 705.27
2015-09-30 7,510.41 206.53 734.77
2015-06-30 7,331.76 209.45 734.62
2015-03-31 7,242.44 194.47 673.88
2014-12-31 7,143.57 148.85 533.31
2014-09-30 7,096.71 153.58 630.03
2014-06-30 7,043.96 146.38 780.36
2014-03-31 6,864.97 137.19 596.16
2013-12-31 6,534.61 160.13 679.56
2013-09-30 6,479.60 163.76 506.91
2013-06-30 6,098.13 129.57 394.68
2013-03-31 5,794.95 111.75 466.17
2012-12-31 5,376.15 92.26 745.08
2012-09-30 5,220.10 102.49 665.48
2012-06-30 4,705.98 94.33 484.35
2012-03-31 4,535.46 87.93 424.12

*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.
  • Dollar Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Dollar Industries used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Dollar Industries has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Dollar 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.
Dollar Industries has a total score of 5/6, 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 Dollar 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 Dollar Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Dollar Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Dollar Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Dollar 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 covered by short term assets, assets are 3.2x 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 Dollar Industries Company Filings, last reported 10 months ago.

NSEI:DOLLAR Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 3,523.63 1,841.12 202.67
2017-12-31 2,083.69 2,328.80 126.11
2017-09-30 2,083.69 2,328.80 126.11
2017-06-30 1,809.22 2,163.18 96.85
2017-03-31 1,809.22 2,163.18 96.85
2016-12-31 1,580.97 2,382.22 75.54
2016-09-30 1,580.97 2,382.22 75.54
2016-06-30 1,454.88 2,330.40 103.52
2016-03-31 1,454.88 2,330.40 103.52
2015-12-31 1,359.70 1,953.98 94.43
2015-09-30 1,359.70 1,953.98 94.43
2015-06-30 1,203.85 1,916.77 90.55
2015-03-31 1,203.85 1,915.40 90.55
2014-12-31 1,183.37 1,737.41 58.63
2014-09-30 1,183.37 1,737.41 58.63
2014-06-30 1,011.58 1,512.20 100.35
2014-03-31 1,011.58 1,512.20 100.35
2013-12-31 1,015.54 1,439.54 117.90
2013-09-30 1,015.54 1,439.54 117.90
2013-06-30 885.77 1,658.63 233.26
2013-03-31 885.77 1,577.15 202.01
2012-12-31 863.54 1,450.80 38.58
2012-09-30 863.54 1,450.80 38.58
2012-06-30 785.77 1,513.87 74.02
2012-03-31 785.77 1,513.87 74.02
  • Dollar Industries's level of debt (52.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (178.2% vs 52.3% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 6.4x coverage).
X
Financial health checks
We assess Dollar 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. Dollar Industries has a total score of 4/6, 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 Dollar 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
0.57%
Current annual income from Dollar Industries dividends. Estimated to be 0.96% next year.
If you bought ₹2,000 of Dollar Industries shares you are expected to receive ₹11 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?
  • Dollar Industries's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.56%).
  • Dollar Industries's dividend is below the markets top 25% of dividend payers in India (2.12%).
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:DOLLAR 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 2 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 109 Stocks 0.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1397 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:DOLLAR Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 3.00 1.00
2020-03-31 3.00 1.00
2019-03-31 2.00 1.00
NSEI:DOLLAR Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-08-10 1.600 0.536
2018-05-29 1.600 0.479
2017-06-08 1.000 0.232
2017-05-29 1.000 0.259
2017-04-24 0.300 0.092

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

  • Whilst dividend payments have been stable, Dollar Industries has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Dollar Industries only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of Dollar Industries's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (7.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (6.4x coverage).
X
Income/ dividend checks
We assess Dollar 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 Dollar Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dollar Industries has a total score of 3/6, 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 Dollar 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
Vinod Gupta
COMPENSATION ₹8,250,000
AGE 68
CEO Bio

Mr. Vinod Kumar Gupta has been the Managing Director of Parenteral Drug (India) Limited since January 1, 2004. Mr. Gupta has been the Managing Director at Dollar Industries Limited since March 30, 1996 and also serves as its Chief Executive Officer. He serves as the Chief Operating officer of Projects at AEZ Infratech Private Limtied. He served as Managing Director of Parenteral Drug (India) Ltd. since 1992. He has almost 36 years of working experience of various business activities including experience in pharmaceutical industry. He has his own consultancy firm and has an extensive and fulfilling tenure with several Modi group companies. He serves as a Director of Parenteral Drug (India) Ltd. He has been a Director of Dollar Industries Limited since March 30, 1996. He has been Non-Executive & Independent Director of Eurotex Industries and Exports Limited., since March 29, 2007. He served as an Independent Director of Eurotex Industries and Exports Limited., since March 29, 2007. Mr. Gupta holds B.Tech and MBA from University of Virginia.

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

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

1
Average Tenure
48
Average Age
  • The average tenure for the Dollar Industries management team is less than 2 years, this suggests a new team.
Management Team

Vinod Gupta

TITLE
MD & Director
COMPENSATION
₹8M
AGE
68

Binay Gupta

TITLE
MD & Director
COMPENSATION
₹8M
AGE
50

Gopalakrishnan Sarankapani

TITLE
Administrative Director & Executive Director
COMPENSATION
₹300K
AGE
53

Shashi Agarwal

TITLE
Senior Vice President of Corporate Strategy & Investors Relation
COMPENSATION
₹2M
AGE
46
TENURE
0.8 yrs

Bajrang Gupta

TITLE
Whole-Time Director
COMPENSATION
₹6M
AGE
46

Krishan Gupta

TITLE
Whole-Time Director
COMPENSATION
₹6M
AGE
48

Abhishek Mishra

TITLE
Company Secretary
COMPENSATION
₹600K
TENURE
1.2 yrs

Lalit Sharma

TITLE
Chief Financial Officer
AGE
49
TENURE
0.8 yrs

Vedpal Verma

TITLE
Deputy General Manager of Marketing
AGE
47

Joyita Bhattacharya

TITLE
Human Resources & Administration Manager
AGE
39
TENURE
2.8 yrs
Board of Directors Tenure

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

13.3
Average Tenure
50
Average Age
  • The average tenure for the Dollar Industries board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Din Gupta

TITLE
Chairman
AGE
81

Vinod Gupta

TITLE
MD & Director
COMPENSATION
₹8M
AGE
68
TENURE
22.9 yrs

Binay Gupta

TITLE
MD & Director
COMPENSATION
₹8M
AGE
50
TENURE
13.3 yrs

Gopalakrishnan Sarankapani

TITLE
Administrative Director & Executive Director
COMPENSATION
₹300K
AGE
53

Bajrang Gupta

TITLE
Whole-Time Director
COMPENSATION
₹6M
AGE
46
TENURE
13.3 yrs

Krishan Gupta

TITLE
Whole-Time Director
COMPENSATION
₹6M
AGE
48
TENURE
13.8 yrs

Binay Agarwal

TITLE
Non-Executive Independent Director
COMPENSATION
₹82K
AGE
52

Rajesh Bubna

TITLE
Non-Executive Independent Director
COMPENSATION
₹54K

Divyaa Newatia

TITLE
Independent Women Director
COMPENSATION
₹10K
AGE
38
TENURE
1 yrs

Rakesh Biyani

TITLE
Non-Executive Independent Director
COMPENSATION
₹10K
AGE
46
TENURE
1.8 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 (₹)
23. Nov 18 Buy Simplex Impex Pvt. Ltd Company 21. Nov 18 21. Nov 18 10,000 ₹310.00 ₹3,100,000
20. Nov 18 Buy Simplex Impex Pvt. Ltd Company 19. Nov 18 20. Nov 18 65,000 ₹314.70 ₹20,251,940
16. Aug 18 Buy Simplex Impex Pvt. Ltd Company 16. Aug 18 16. Aug 18 100,000 ₹319.75 ₹31,974,751
X
Management checks
We assess Dollar 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. Dollar 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.

News

Simply Wall St News

Why Dollar Industries Limited (NSE:DOLLAR) Could Be Your Next Investment

Want to participate in a short research study? … Help shape the future of investing tools and receive a $60 prize! … In the case of Dollar Industries Limited (NSE:DOLLAR), there's

Simply Wall St -

How Do Analysts See Dollar Industries Limited (NSE:DOLLAR) Performing Over The Next Few Years?

In March 2018, Dollar Industries Limited (NSE:DOLLAR) released its latest earnings announcement, whicha

Simply Wall St -

Why Dollar Industries Limited (NSE:DOLLAR) Looks Like A Quality Company

This article is for those who would like to learn about Return On Equity (ROE). … Our data shows Dollar Industries has a return on equity of 18% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Are Dollar Industries Limited’s (NSE:DOLLAR) High Returns Really That Great?

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … How Do You Calculate Return On Capital Employed

Simply Wall St -

Here's What Dollar Industries Limited's (NSE:DOLLAR) P/E Is Telling Us

We'll look at Dollar Industries Limited's (NSE:DOLLAR) P/E ratio and reflect on what it tells us about the company's share price. … Dollar Industries has a price to earnings ratio of 24.81, based on the last twelve months. … How Do I Calculate Dollar Industries's Price To Earnings Ratio

Simply Wall St -

Do Insiders Own Lots Of Shares In Dollar Industries Limited (NSE:DOLLAR)?

A look at the shareholders of Dollar Industries Limited (NSE:DOLLAR) can tell us which group is most powerful. … Dollar Industries is not a large company by global standards. … Check out our latest analysis for Dollar Industries

Simply Wall St -

What Are Analysts Saying About The Future Of Dollar Industries Limited's (NSE:DOLLAR)?

Looking at Dollar Industries Limited's (NSE:DOLLAR) earnings update in March 2018, … with earnings expected to grow by 21% in the upcoming year,

Simply Wall St -

How Dollar Industries Limited (NSE:DOLLAR) Could Add Value To Your Portfolio

As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … In the case of Dollar Industries Limited (NSE:DOLLAR), it

Simply Wall St -

Does Dollar Industries Limited's (NSE:DOLLAR) PE Ratio Warrant A Sell?

Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind. … I will break down what the P/E ratio is, how to interpret it and what to watch out for … What you need to know about the P/E ratio

Simply Wall St -

Dollar Industries Limited (NSE:DOLLAR) And The Consumer Industry Prospect For 2018

operates in the consumer discretionary industry,. … whose performance is predominantly driven by consumer confidence, which is linked to employment and wage rates. … Consumer discretionary analysts are forecasting for the entire industry,

Simply Wall St -

Company Info

Map
Description

Dollar Industries Limited manufactures and markets hosiery and garments primarily in India. It offers vests, briefs/boxers, basic T-shirts, shorts/pajamas, sleepwear, active wear, brassieres, panties, camisoles, and maternity wear for men, women, and children. The company offers its products under the Force NXT, Bigboss, Missy, Ultra Thermals, Champion, and Force Go Wear brands. It also offers its products in the United Arab Emirates, Oman, Jordan, Qatar, Kuwait, Bahrain, Yemen, Iraq, Nepal, Bhutan, Nigeria, Ghana, Algeria, Kenya, Iran, Ukraine, Togo, Latvia, and Sudan. Dollar Industries Limited was founded in 1972 and is based in Kolkata, India.

Details
Name: Dollar Industries Limited
DOLLAR
Exchange: NSEI
Founded: 1972
₹15,741,559,106
56,716,120
Website: http://www.dollarinternational.com
Address: Dollar Industries Limited
OM Tower,
15th Floor,
Kolkata,
West Bengal, 700071,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI DOLLAR Equity Shares National Stock Exchange of India IN INR 21. Apr 2017
BSE 541403 Equity Shares Mumbai Stock Exchange IN INR 21. Apr 2017
Number of employees
Current staff
Staff numbers
765
Dollar Industries employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/19 13:38
End of day share price update: 2019/02/19 00:00
Last estimates confirmation: 2019/02/07
Last earnings filing: 2018/08/10
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.