Donear Industries Limited manufactures and sells suitings, trousers, and shirting fabrics for men and women.
Fair value with mediocre balance sheet.
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.
7 Day Return
1 Year Return
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.
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
1 week ago | Simply Wall StDonear Industries Limited (NSE:DONEAR) Earns Among The Best Returns In Its Industry
4 weeks ago | Simply Wall StHere's Why Donear Industries (NSE:DONEAR) Is Weighed Down By Its Debt Load
1 month ago | Simply Wall StWhy Donear Industries Limited (NSE:DONEAR) Is A Dividend Rockstar
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).
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.
- Examine whether Donear Industries is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Donear 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 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.
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).
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).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rajendra Agarwal (57yo)
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.
|MD & Executive Director||no data||₹2.80m||32.01% ₹349.6m|
|Whole Time Director||21.67yrs||₹1.05m||18.74% ₹204.6m|
|Executive Professional Director||4.33yrs||₹1.04m||no data|
|Additional Independent Director||0.33yr||no data||no data|
|Additional Independent Director||1.83yrs||₹5.00k||no data|
|Non-Executive Independent Director||4.83yrs||₹6.00k||no data|
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Donear Industries Limited's company bio, employee growth, exchange listings and data sources
- 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
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|512519||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Dec 2006|
|DONEAR||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Dec 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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 13:15|
|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.