NSEI:EUROTEXIND

Stock Analysis Report

Eurotex Industries and Exports

Executive Summary

Eurotex Industries and Exports Limited manufactures and exports cotton yarn and knitted fabrics worldwide.


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-6.7%

EUROTEXIND

1.1%

IN Luxury

-0.07%

IN Market


1 Year Return

-47.8%

EUROTEXIND

17.4%

IN Luxury

9.5%

IN Market

Return vs Industry: EUROTEXIND underperformed the Indian Luxury industry which returned 17.4% over the past year.

Return vs Market: EUROTEXIND underperformed the Indian Market which returned 9.5% over the past year.


Shareholder returns

EUROTEXINDIndustryMarket
7 Day-6.7%1.1%-0.07%
30 Day-26.2%2.3%-1.3%
90 Day-40.6%10.5%1.9%
1 Year-47.8%-47.8%18.1%17.4%11.5%9.5%
3 Year-75.4%-75.4%54.7%52.9%23.6%16.7%
5 Year-67.9%-67.9%107.0%100.1%35.5%22.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EUROTEXIND (₹7.6) is trading below our estimate of fair value (₹172.36)

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


Price To Earnings Ratio

PE vs Industry: EUROTEXIND is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: EUROTEXIND is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EUROTEXIND is overvalued based on its PB Ratio (0.5x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Eurotex Industries and Exports forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.8%

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 Eurotex Industries and Exports 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 Eurotex Industries and Exports performed over the past 5 years?

-31.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EUROTEXIND is currently unprofitable.

Growing Profit Margin: EUROTEXIND is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EUROTEXIND is unprofitable, and losses have increased over the past 5 years at a rate of -31.7% per year.

Accelerating Growth: Unable to compare EUROTEXIND's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EUROTEXIND is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).


Return on Equity

High ROE: EUROTEXIND has a negative Return on Equity (-151.28%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Eurotex Industries and Exports's financial position?


Financial Position Analysis

Short Term Liabilities: EUROTEXIND's short term assets (₹246.8M) do not cover its short term liabilities (₹597.2M).

Long Term Liabilities: EUROTEXIND's short term assets (₹246.8M) exceed its long term liabilities (₹121.2M).


Debt to Equity History and Analysis

Debt Level: EUROTEXIND's debt to equity ratio (129.8%) is considered high.

Reducing Debt: EUROTEXIND's debt to equity ratio has increased from 63.9% to 129.8% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: EUROTEXIND's debt is covered by short term assets (assets are 1.5x debt).


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.

Stable Cash Runway: Whilst unprofitable EUROTEXIND has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: EUROTEXIND is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -5.4% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.6%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate EUROTEXIND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate EUROTEXIND's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EUROTEXIND's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EUROTEXIND's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: EUROTEXIND is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EUROTEXIND's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

10.8yrs

Average board tenure


CEO

Krishan Patodia (74yo)

₹6,332,196

Compensation

Mr. Krishan Kumar Patodia, B.E/B.Tech/B.Sc. Engg/ M.E./M.Tech serves as Managing Director of Eurotex Industries and Exports Limited. Mr. Patodia served as Senior Vice President of Raw Material - Alluminium ...


CEO Compensation Analysis

Compensation vs Market: Krishan's total compensation ($USD88.15K) is above average for companies of similar size in the Indian market ($USD50.06K).

Compensation vs Earnings: Krishan's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Krishan Patodia
Chairman & MD0yrs₹6.33m0.67% 445.5k
Narayan Patodia
MD & Executive Director33yrs₹2.35m0.41% 275.4k
Rajiv Patodia
CFO & Executive Director0yrs₹2.23m0.22% 147.6k
Hari Siotia
Non-Executive Director33yrs₹70.00k0.48% 323.0k
Vinod Gupta
Non-Executive & Independent Director16.6yrs₹56.00kno data
Joginder Baweja
Additional Independent Director0.2yrsno datano data
Hema Thakur
Non-Executive & Independent Director5yrs₹28.00kno data
Ashwinikumar Dave
Independent Non Executive Director0.8yrsno data0.00017% 113.8

10.8yrs

Average Tenure

68.5yo

Average Age

Experienced Board: EUROTEXIND's board of directors are seasoned and experienced ( 10.8 years average tenure).


Ownership

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

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


Key Information

  • Name: Eurotex Industries and Exports Limited
  • Ticker: EUROTEXIND
  • Exchange: NSEI
  • Founded: 1987
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹66.936m
  • Shares outstanding: 8.75m
  • Website: https://www.eurotexgroup.com

Number of Employees


Location

  • Eurotex Industries and Exports Limited
  • 1110 Raheja Chambers
  • 11th Floor
  • Mumbai
  • Maharashtra
  • 400021
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
521014BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 1994
EUROTEXINDNSEI (National Stock Exchange of India)YesEquity SharesININRAug 1994

Biography

Eurotex Industries and Exports Limited manufactures and exports cotton yarn and knitted fabrics worldwide. The company offers autoconed, compact, gassed, TFO knotless knitting/weaving, and soft precision wound yarns; and single jersey, interlock, rib, and single jersey pique fabrics, as well as cotton/spandex knitted fabrics. Eurotex Industries and Exports Limited was incorporated in 1987 and is headquartered in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 13:05
End of Day Share Price2020/02/24 00:00
Earnings2019/12/31
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.