Stock Analysis Report

Executive Summary

Donear Industries Limited manufactures and sells suitings, trousers, and shirting fabrics for men and women.

Snowflake Analysis

Fair value with mediocre balance sheet.

Similar Companies

Share Price & News

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

Latest Share Price and Events

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

Market Performance

7 Day Return




IN Luxury


IN Market

1 Year Return




IN Luxury


IN Market

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

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

Shareholder returns

7 Day-6.3%-2.3%-2.9%
30 Day-26.8%-28.6%-26.5%
90 Day-28.7%-25.5%-28.5%
1 Year-50.7%-51.0%-26.1%-26.7%-27.9%-29.3%
3 Year-72.8%-73.2%1.6%-0.9%-15.4%-20.0%
5 Year41.3%36.8%44.6%39.4%-3.3%-8.3%

Price Volatility Vs. Market

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

Simply Wall St News


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


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: DONEAR (₹21) is trading below our estimate of fair value (₹41.57)

Significantly Below Fair Value: DONEAR is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: DONEAR is poor value based on its PE Ratio (8.8x) compared to the Luxury industry average (7.8x).

PE vs Market: DONEAR is good value based on its PE Ratio (8.8x) compared to the Indian market (9.2x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: DONEAR is overvalued based on its PB Ratio (0.9x) compared to the IN Luxury industry average (0.4x).

Next Steps

Future Growth

How is Donear 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 Donear 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 Donear Industries performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DONEAR has high quality earnings.

Growing Profit Margin: DONEAR's current net profit margins (2.1%) are lower than last year (2.6%).

Past Earnings Growth Analysis

Earnings Trend: DONEAR's earnings have grown by 16.9% per year over the past 5 years.

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

Earnings vs Industry: DONEAR had negative earnings growth (-15.8%) over the past year, making it difficult to compare to the Luxury industry average (6.4%).

Return on Equity

High ROE: DONEAR's Return on Equity (10.7%) is considered low.

Next Steps

Financial Health

How is Donear Industries's financial position?

Financial Position Analysis

Short Term Liabilities: DONEAR's short term assets (₹4.3B) exceed its short term liabilities (₹3.9B).

Long Term Liabilities: DONEAR's short term assets (₹4.3B) exceed its long term liabilities (₹239.0M).

Debt to Equity History and Analysis

Debt Level: DONEAR's debt to equity ratio (276.4%) is considered high.

Reducing Debt: DONEAR's debt to equity ratio has reduced from 447.6% to 276.4% over the past 5 years.

Debt Coverage: DONEAR's debt is not well covered by operating cash flow (10.8%).

Interest Coverage: DONEAR's interest payments on its debt are not well covered by EBIT (2x coverage).

Balance Sheet

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

Debt Coverage by Assets: DONEAR's debt is covered by short term assets (assets are 1.4x debt).

Next Steps


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


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: DONEAR's dividend (0.95%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.95%).

High Dividend: DONEAR's dividend (0.95%) is low compared to the top 25% of dividend payers in the Indian market (4.18%).

Stability and Growth of Payments

Stable Dividend: DONEAR's dividend payments have been volatile in the past 10 years.

Growing Dividend: DONEAR's dividend payments have fallen over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8.4%), DONEAR'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


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


Average board tenure


Rajendra Agarwal (57yo)

no data




Mr. Rajendra Vishwanath Agarwal serves as the Managing Director of DONEAR Industries Ltd. Mr. Agarwal has over two decades of techno-commercial experience in the textile industry. With all the knowledge an ...

CEO Compensation Analysis

Compensation vs Market: Rajendra's total compensation ($USD37.19K) is about average for companies of similar size in the Indian market ($USD48.50K).

Compensation vs Earnings: Rajendra's compensation has been consistent with company performance over the past year.

Board Members

Rajendra Agarwal
MD & Executive Directorno data₹2.80m32.01% 349.6m
Ajay Agarwal
Whole Time Director21.67yrs₹1.05m18.74% 204.6m
Anup Singh
Executive Professional Director4.33yrs₹1.04mno data
Govind Shrikhande
Additional Independent Director0.33yrno datano data
Santanu Mukherjee
Additional Independent Director1.83yrs₹5.00kno data
Medha Pattanayak
Non-Executive Independent Director4.83yrs₹6.00kno data


Average Tenure


Average Age

Experienced Board: DONEAR's board of directors are considered experienced (4.6 years average tenure).


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

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

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

Top Shareholders

Company Information

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

Key Information

  • Name: Donear Industries Limited
  • Ticker: DONEAR
  • Exchange: NSEI
  • Founded: 1977
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹1.092b
  • Shares outstanding: 52.00m
  • Website: https://www.donear.com

Number of Employees


  • Donear Industries Limited
  • Donear House
  • 8th Floor
  • Mumbai
  • Maharashtra
  • 400093
  • India


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
512519BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2006
DONEARNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2006


Donear Industries Limited manufactures and sells suitings, trousers, and shirting fabrics for men and women. The company operates through two segments, Manufacturing and Dealing in Textiles, and Rental Property. Its products include polyester viscose blended fabrics, polyester cotton blended fabrics, polyester fabrics, cotton high value plain and yarn dyed shirting fabrics, and cotton plain and yarn dyed bottomwear, as well as polyester wool, wool rich, and all wool fabrics. The company offers fabrics under the Donear brand name; and garments under the brand name of Dcot. It markets and sells its products through a sales network consisting of 115 agents; 629 wholesalers; and 24,000 over the counter multi brand retail outlets in 29 states and 7 Union Territories of India. The company also exports various blends of fabrics, including wool, polyester/viscose, polyester/wool, polyester/cotton, poly/visc/cotton, poly/visc/lycra, poly/wool/lycra, cotton, linen cotton, linen, and cotton modal to wholesalers, distributors, garment manufacturers, retailers, buying houses, and departmental stores in approximately 37 countries worldwide. Donear Industries Limited was founded in 1977 and is based in Mumbai, 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 13:15
End of Day Share Price2020/03/27 00:00
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.