Loading...

E-Land Apparel

NSEI:ELAND
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ELAND
NSEI
₹348M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

E-land Apparel Limited designs, develops, processes, manufactures, samples, and sells garments in India. The last earnings update was 70 days ago. More info.


Add to Portfolio Compare Print
  • E-Land Apparel has significant price volatility in the past 3 months.
ELAND Share Price and Events
7 Day Returns
-7.1%
NSEI:ELAND
-0.6%
IN Luxury
-1.9%
IN Market
1 Year Returns
-35.6%
NSEI:ELAND
-4%
IN Luxury
-2.8%
IN Market
ELAND Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
E-Land Apparel (ELAND) -7.1% 39.4% 26.1% -35.6% -78% -25.6%
IN Luxury -0.6% 1.4% 8.8% -4% 47.5% 162.4%
IN Market -1.9% 1.2% 5.1% -2.8% 38.3% 71%
1 Year Return vs Industry and Market
  • ELAND underperformed the Luxury industry which returned -4% over the past year.
  • ELAND underperformed the Market in India which returned -2.8% over the past year.
Price Volatility
ELAND
Industry
5yr Volatility vs Market
Related Companies

ELAND Value

 Is E-Land Apparel 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 E-Land Apparel 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 E-Land Apparel.

NSEI:ELAND Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 15.5%
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:ELAND
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.73 (1 + (1- 35%) (31.54%))
0.919
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.92
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.919 * 8.6%)
15.45%

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

The calculations below outline how an intrinsic value for E-Land Apparel is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:ELAND DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 15.45%)
2019 2,025.05 Est @ 12.75% 1,753.98
2020 2,251.59 Est @ 11.19% 1,689.14
2021 2,478.90 Est @ 10.1% 1,610.74
2022 2,710.23 Est @ 9.33% 1,525.32
2023 2,948.66 Est @ 8.8% 1,437.36
2024 3,197.02 Est @ 8.42% 1,349.82
2025 3,457.94 Est @ 8.16% 1,264.55
2026 3,733.81 Est @ 7.98% 1,182.66
2027 4,026.89 Est @ 7.85% 1,104.76
2028 4,339.37 Est @ 7.76% 1,031.12
Present value of next 10 years cash flows ₹13,949.45
NSEI:ELAND DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹4,339.37 × (1 + 7.55%) ÷ (15.45% – 7.55%)
₹59,040.84
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹59,040.84 ÷ (1 + 15.45%)10
₹14,029.34
NSEI:ELAND Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹13,949.45 + ₹14,029.34
₹27,978.79
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹27,978.79 / 47.99
₹583.01
NSEI:ELAND Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:ELAND represents 0.99588x of BSE:532820
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99588x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 583.01 x 0.99588
₹580.60
Value per share (INR) From above. ₹580.60
Current discount Discount to share price of ₹7.25
= -1 x (₹7.25 - ₹580.60) / ₹580.60
98.8%

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

Current Discount
Amount off the current price E-Land Apparel is available for.
Intrinsic value
>50%
Share price is ₹7.25 vs Future cash flow value of ₹580.6
Current Discount Checks
For E-Land Apparel to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • E-Land Apparel's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • E-Land Apparel's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 E-Land Apparel's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are E-Land Apparel's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:ELAND PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-15.08
BSE:532820 Share Price ** BSE (2019-04-24) in INR ₹7.28
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.23x
India Market PE Ratio Median Figure of 2,739 Publicly-Listed Companies 16.02x

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

** Primary Listing of E-Land Apparel.

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

= BSE:532820 Share Price ÷ EPS (both in INR)

= 7.28 ÷ -15.08

-0.48x

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

  • E-Land Apparel is loss making, we can't compare its value to the IN Luxury industry average.
  • E-Land Apparel is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does E-Land Apparel's expected growth come at a high price?
Raw Data
NSEI:ELAND PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.48x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.48x
India Market PEG Ratio Median Figure of 586 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for E-Land Apparel, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on E-Land Apparel's assets?
Raw Data
NSEI:ELAND PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹-60.30
BSE:532820 Share Price * BSE (2019-04-24) in INR ₹7.28
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.75x
India Market PB Ratio Median Figure of 3,630 Publicly-Listed Companies 1.09x
NSEI:ELAND PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532820 Share Price ÷ Book Value per Share (both in INR)

= 7.28 ÷ -60.30

-0.12x

* Primary Listing of E-Land Apparel.

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

  • E-Land Apparel has negative assets, we can't compare the value of its assets to the IN Luxury industry average.
X
Value checks
We assess E-Land Apparel'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. E-Land Apparel has a total score of 2/6, 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.

ELAND Future Performance

 How is E-Land Apparel expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 E-Land Apparel 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
19.3%
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is E-Land Apparel expected to grow at an attractive rate?
  • Unable to compare E-Land Apparel's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare E-Land Apparel's earnings growth to the India market average as no estimate data is available.
  • Unable to compare E-Land Apparel's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:ELAND Future Growth Rates Data Sources
Data Point Source Value (per year)
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.3%
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:ELAND Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:ELAND Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 1,695 -724
2018-09-30 1,630 -749
2018-06-30 1,807 -764
2018-03-31 1,835 2,224 -784
2017-12-31 1,924 -314
2017-09-30 2,090 -343
2017-06-30 2,157 -407
2017-03-31 2,153 621 -802
2016-12-31 2,181 -332
2016-09-30 2,268 -251
2016-06-30 2,282 -226
2016-03-31 2,345 -29 -187

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if E-Land Apparel is high growth as no earnings estimate data is available.
  • Unable to determine if E-Land Apparel is high growth as no revenue estimate data is available.
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:ELAND Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from E-Land Apparel Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:ELAND Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 -15.08
2018-09-30 -15.60
2018-06-30 -15.91
2018-03-31 -16.34
2017-12-31 -6.53
2017-09-30 -7.14
2017-06-30 -8.48
2017-03-31 -16.71
2016-12-31 -6.91
2016-09-30 -5.25
2016-06-30 -4.72
2016-03-31 -3.89

*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.
  • Unable to establish if E-Land Apparel will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ELAND’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. E-Land Apparel's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. E-Land Apparel's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess E-Land Apparel'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.
E-Land Apparel has a total score of 0/6, 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.

ELAND Past Performance

  How has E-Land Apparel performed over the past 5 years?

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 E-Land Apparel'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.
  • E-Land Apparel does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare E-Land Apparel's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare E-Land Apparel's 1-year growth to the IN Luxury industry average as it is not currently profitable.
Earnings and Revenue History
E-Land Apparel'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 E-Land Apparel Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:ELAND Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,695.10 -723.60 612.03
2018-09-30 1,629.59 -748.80 633.81
2018-06-30 1,807.04 -763.84 587.79
2018-03-31 1,835.05 -784.25 681.78
2017-12-31 1,924.44 -313.61 685.53
2017-09-30 2,089.80 -342.73 711.02
2017-06-30 2,156.53 -407.08 714.78
2017-03-31 2,153.41 -802.10 736.42
2016-12-31 2,180.61 -331.73 733.20
2016-09-30 2,268.14 -251.19 727.96
2016-06-30 2,281.56 -226.44 733.71
2016-03-31 2,345.46 -186.71 722.12
2015-12-31 2,271.31 -160.07 815.39
2015-09-30 2,083.10 -171.01 783.84
2015-06-30 1,876.78 -536.52 751.55
2015-03-31 1,750.32 -390.23 603.04
2014-12-31 2,013.98 291.08 364.39
2014-09-30 2,435.61 151.92 294.25
2014-06-30 2,976.48 216.49 580.18
2014-03-31 3,218.35 -133.34 774.07
2013-12-31 3,737.41 -1,104.38 451.20
2013-09-30 3,441.62 -1,193.33 353.24
2013-06-30 2,941.11 -1,106.03 319.39
2013-03-31 2,605.57 -1,104.89 303.44
2012-12-31 2,205.62 -1,783.32 264.96
2012-09-30 2,059.49 -2,184.16 290.54
2012-06-30 1,752.47 -2,084.71 101.47

*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.
  • It is difficult to establish if E-Land Apparel has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if E-Land Apparel has efficiently used its assets last year compared to the IN Luxury industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if E-Land Apparel improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess E-Land Apparel'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.
E-Land Apparel has a total score of 0/6, 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.

ELAND Health

 How is E-Land Apparel'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 E-Land Apparel's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • E-Land Apparel is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • E-Land Apparel's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of E-Land Apparel'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.
  • E-Land Apparel has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 E-Land Apparel Company Filings, last reported 3 months ago.

NSEI:ELAND Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -2,894.54 109.88 22.66
2018-09-30 -2,753.89 106.62 32.87
2018-06-30 -2,347.27 100.10 59.98
2018-03-31 -2,347.27 100.11 58.35
2017-12-31 -1,314.50 1,143.57 173.06
2017-09-30 -1,314.50 1,143.57 173.06
2017-06-30 -2,294.82 2,638.52 115.91
2017-03-31 -980.37 1,290.39 118.75
2016-12-31 -1,979.37 2,875.14 65.86
2016-09-30 -1,979.37 2,875.14 65.86
2016-06-30 -1,858.08 3,302.11 87.03
2016-03-31 -1,858.08 3,302.11 86.85
2015-12-31 -1,698.32 3,309.68 87.24
2015-09-30 -1,698.32 3,309.68 87.24
2015-06-30 -1,641.52 3,340.46 263.37
2015-03-31 -1,641.52 3,340.46 263.37
2014-12-31 -1,512.53 3,275.09 267.04
2014-09-30 -1,512.53 3,275.09 267.04
2014-06-30 -1,083.90 3,381.86 133.03
2014-03-31 -1,083.90 3,419.44 128.46
2013-12-31 -1,045.33 6,367.29 137.83
2013-09-30 -1,045.33 6,367.29 137.83
2013-06-30 -475.61 6,314.43 74.61
2013-03-31 -475.61 6,314.43 74.61
2012-12-31 85.21 5,875.70 678.24
2012-09-30 85.21 6,214.87 678.24
2012-06-30 1,225.50 3,759.83 90.12
  • E-Land Apparel has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if E-Land Apparel's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making E-Land Apparel has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making E-Land Apparel has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -119.5% per year.
X
Financial health checks
We assess E-Land Apparel'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. E-Land Apparel has a total score of 3/6, 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.

ELAND Dividends

 What is E-Land Apparel'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%
Current annual income from E-Land Apparel dividends.
If you bought ₹2,000 of E-Land Apparel shares you are expected to receive ₹0 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?
  • Unable to evaluate E-Land Apparel's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate E-Land Apparel's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:ELAND 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 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

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

NSEI:ELAND Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2013-02-04 0.000 0.000
2012-11-29 0.000 0.000
2012-05-14 0.000 0.000
2012-02-07 0.000 0.000
2011-11-29 0.000 0.000
2011-07-15 0.000 0.000
2010-09-30 0.600 1.119
2009-10-29 0.600 1.522

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

  • Unable to perform a dividend volatility check as E-Land Apparel has not reported any payouts.
  • Unable to verify if E-Land Apparel's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of E-Land Apparel's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as E-Land Apparel has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess E-Land Apparel'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 E-Land Apparel afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. E-Land Apparel has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ELAND Management

 What is the CEO of E-Land Apparel'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
Ho Song Jae
COMPENSATION ₹9,330,281
AGE 41
TENURE AS CEO 1.9 years
CEO Bio

Mr. Ho Song Jae has been Managing Director of E-Land Apparel Limited since May 30, 2017.

CEO Compensation
  • Insufficient data for Ho Song to compare compensation growth.
  • Ho Song's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the E-Land Apparel management team in years:

2.2
Average Tenure
41
Average Age
  • The tenure for the E-Land Apparel management team is about average.
Management Team

Ho Song Jae

TITLE
MD & Additional Director
COMPENSATION
₹9M
AGE
41
TENURE
1.9 yrs

Haeoi Choi

TITLE
Chief Financial Officer
TENURE
2.2 yrs

S. Selvakumar

TITLE
Chief Executive Officer of Production
AGE
48

Pratap Bose

TITLE
Chief Operating Officer
TENURE
10.8 yrs

Pritham Shetty

TITLE
Head of Merchandising
AGE
32
Board of Directors Tenure

Average tenure and age of the E-Land Apparel board of directors in years:

4.7
Average Tenure
58
Average Age
  • The tenure for the E-Land Apparel board of directors is about average.
Board of Directors

Ho Song Jae

TITLE
MD & Additional Director
COMPENSATION
₹9M
AGE
41
TENURE
1.9 yrs

Tae Baek Chong

TITLE
Independent Director
COMPENSATION
₹135K
AGE
58
TENURE
7.7 yrs

Kyoung Hur

TITLE
Independent Director
COMPENSATION
₹180K
AGE
63
TENURE
4.7 yrs

Sivabalan Pandian

TITLE
Independent Director
COMPENSATION
₹45K
AGE
60
TENURE
12 yrs

Elizabeth Ravi

TITLE
Independent Woman Director
COMPENSATION
₹150K
AGE
40
TENURE
3.8 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 (₹)
X
Management checks
We assess E-Land Apparel'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. E-Land Apparel 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.

ELAND News

Simply Wall St News

Easy Come, Easy Go: How E-Land Apparel (NSE:ELAND) Shareholders Got Unlucky And Saw 78% Of Their Cash Evaporate

E-Land Apparel Limited (NSE:ELAND) shareholders will doubtless be very grateful to see the share price up 43% in the last month. … E-Land Apparel isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … The share price fall of 39% (per year, over three years) is a stern reminder that money-losing companies are expected to grow revenue.

Simply Wall St -

How E-Land Apparel Limited (NSE:ELAND) Can Impact Your Portfolio Volatility

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

Simply Wall St -

Does The E-Land Apparel Limited (NSE:ELAND) Share Price Fall With The Market?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Who Owns Most Of E-Land Apparel Limited (NSE:ELAND)?

In this article, I'm going to take a look at E-Land Apparel Limited’s (NSE:ELAND) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … View out our latest analysis for E-Land Apparel

Simply Wall St -

Why E-Land Apparel Limited's (NSE:ELAND) Investor Composition Impacts Your Returns

View our latest analysis for E-Land Apparel NSEI:ELAND Ownership_summary May 14th 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … Private Company Ownership Another important group of owners for potential investors in ELAND are private companies that hold a stake of 66.17% in ELAND. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: Institutional ownership level and composition in ELAND is not high nor active enough to significantly impact its investment thesis.

Simply Wall St -

Does E-Land Apparel Limited's (NSE:ELAND) Earnings Growth Make It An Outperformer?

When E-Land Apparel Limited (NSEI:ELAND) released its most recent earnings update (31 December 2017), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were E-Land Apparel's average earnings over the past couple of years, and its industry performance. … Check out our latest analysis for E-Land Apparel Commentary On ELAND's Past Performance I use the ‘latest twelve-month’ data, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data.

Simply Wall St -

One Thing To Consider Before Buying E-Land Apparel Limited (NSE:ELAND)

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … See our latest analysis for E-Land Apparel An interpretation of ELAND's beta With a beta of 1.71, E-Land Apparel is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … With a market cap of ₹899.82M, ELAND falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies.

Simply Wall St -

Should You Be Concerned About E-Land Apparel Limited's (NSE:ELAND) Shareholders?

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Another important group of owners for potential investors in ELAND are private companies that hold a stake of 66.17% in ELAND. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.What this means for you: Institutional ownership in ELAND is not at a level that would concern investors.

Simply Wall St -

NSEI Consumer Industry: A Deep Dive Into E-Land Apparel Limited (NSE:ELAND)

In this article, I’ll take you through the sector growth expectations, and also determine whether E-Land Apparel is a laggard or leader relative to its consumer discretionary sector peers. … E-Land Apparel has been a luxury goods industry laggard in the past year. … If your initial investment thesis is around the growth prospects of E-Land Apparel, there are other luxury goods companies that have delivered higher growth, and perhaps trading at a discount to the industry average.

Simply Wall St -

Want To Invest In E-Land Apparel Limited (NSE:ELAND)? Here's How It Performed Lately

After reading E-Land Apparel Limited's (NSEI:ELAND) latest earnings update (30 September 2017), I found it beneficial to look back at how the company has performed in the past and compare this against the most recent numbers. … For E-Land Apparel, the latest earnings -₹342.7M, which, relative to last year’s figure, has become more negative. … This means whatever near-term headwind the industry is facing, it’s hitting E-Land Apparel harder than its peers.What does this mean?

Simply Wall St -

ELAND Company Info

Description

E-land Apparel Limited designs, develops, processes, manufactures, samples, and sells garments in India. It offers garments and apparels, including men’s shirting and suiting; women's shirts, skirts, and dresses; and kids shirts, and skirts, and play-wear. The company markets and sells its products under the E-LAND brand name. It also exports its products. The company was formerly known as Mudra Lifestyle Limited and changed its name to E-land Apparel Limited in January 2015. The company was founded in 1986 and is based in Bengaluru, India. E-land Apparel Limited is a subsidiary of E-Land Asia Holdings Pte. Ltd.

Details
Name: E-Land Apparel Limited
ELAND
Exchange: NSEI
Founded: 1986
₹348,410,804
47,990,469
Website: http://www.elandapparel.com
Address: E-Land Apparel Limited
No. 16/2B,
Sri Vinayaka Indl Estate,
Bengaluru,
Karnataka, 560068,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532820 Equity Shares Mumbai Stock Exchange IN INR 09. Mar 2007
NSEI ELAND Equity Shares National Stock Exchange of India IN INR 09. Mar 2007
Number of employees
Current staff
Staff numbers
2,774
E-Land Apparel employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 12:49
End of day share price update: 2019/04/24 00:00
Last earnings filing: 2019/02/13
Last earnings reported: 2018/12/31
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.