Garden Silk Mills Limited operates as a textile company in India and internationally.
Slightly overvalued with weak fundamentals.
Share Price & News
How has Garden Silk Mills's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GARDENSILK's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GARDENSILK underperformed the Indian Luxury industry which returned 17.4% over the past year.
Return vs Market: GARDENSILK underperformed the Indian Market which returned 9.5% over the past year.
Price Volatility Vs. Market
How volatile is Garden Silk Mills's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StWhat Kind Of Investor Owns Most Of Garden Silk Mills Limited (NSE:GARDENSILK)?
2 months ago | Simply Wall StIs Garden Silk Mills Limited's (NSE:GARDENSILK) CEO Overpaid Relative To Its Peers?
3 months ago | Simply Wall StDo Insiders Own Shares In Garden Silk Mills Limited (NSE:GARDENSILK)?
Is Garden Silk Mills 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: GARDENSILK (₹8.85) is trading below our estimate of fair value (₹222.1)
Significantly Below Fair Value: GARDENSILK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GARDENSILK is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: GARDENSILK 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 GARDENSILK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GARDENSILK has negative assets, so we can't compare its PB Ratio to the IN Luxury industry average.
How is Garden Silk Mills 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 Garden Silk Mills 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.
- Take a look at our analysis of GARDENSILK’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.
- Garden Silk Mills 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 Garden Silk Mills performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GARDENSILK is currently unprofitable.
Growing Profit Margin: GARDENSILK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GARDENSILK is unprofitable, but has reduced losses over the past 5 years at a rate of 10.2% per year.
Accelerating Growth: Unable to compare GARDENSILK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GARDENSILK is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).
Return on Equity
High ROE: GARDENSILK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
How is Garden Silk Mills's financial position?
Financial Position Analysis
Short Term Liabilities: GARDENSILK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GARDENSILK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GARDENSILK has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GARDENSILK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: GARDENSILK has a high level of physical assets or inventory.
Debt Coverage by Assets: GARDENSILK has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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: Insufficient data to determine if GARDENSILK has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GARDENSILK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Garden Silk Mills's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GARDENSILK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GARDENSILK'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 GARDENSILK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GARDENSILK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GARDENSILK is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GARDENSILK's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Praful Shah (81yo)
Mr. Praful Amichand Shah serves as Executive Chairman, Chief Executive Officer and Managing Director of Garden Silks Mills Ltd. Mr. Shah serves as Chairman and Managing Director at Bijlee Textiles Ltd. He ...
CEO Compensation Analysis
Compensation vs Market: Praful's total compensation ($USD333.54K) is above average for companies of similar size in the Indian market ($USD50.06K).
Compensation vs Earnings: Praful's compensation has been consistent with company performance over the past year.
|Executive Chairman||0yrs||₹23.96m||9.01% ₹33.0m|
|CFO, COO & Executive Director||18.3yrs||₹23.96m||1.79% ₹6.6m|
|Executive Director||13.3yrs||₹21.56m||1.18% ₹4.3m|
|Executive Director||30yrs||₹5.91m||1.64% ₹6.0m|
|Independent Non-Executive Director||4.9yrs||₹107.50k||no data|
|Independent Non-Executive Director||4.2yrs||₹100.00k||no data|
|Independent Director||2.8yrs||₹100.00k||no data|
Experienced Board: GARDENSILK's board of directors are considered experienced (9.1 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.
Garden Silk Mills Limited's company bio, employee growth, exchange listings and data sources
- Name: Garden Silk Mills Limited
- Ticker: GARDENSILK
- Exchange: NSEI
- Founded: 1979
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹365.697m
- Shares outstanding: 42.08m
- Website: https://www.gardenvareli.com
Number of Employees
- Garden Silk Mills Limited
- Tulsi Krupa Arcade
- Near Aai Mata Chowk
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500155||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Nov 2001|
|GARDENSILK||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Nov 2001|
Garden Silk Mills Limited operates as a textile company in India and internationally. The company offers dyed and printed sarees and dress materials; polyester chips for textile grade and film grade; preparatory yarns; and polyester yarns comprising partially oriented yarn, fully drawn yarn/highly oriented yarn, bi shrinkage yarn, draw twisted filament yarn, draw texturized yarn/ air covered yarn, air textured yarn, mono filament yarn, draw warping beam, and sized beams. It also offers nylon yarns; and woven and printed fabrics. The company operates a network of retail boutiques, shops, and outlets through franchises, as well as sells through online. Garden Silk Mills Limited was incorporated in 1979 and is based in Surat, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 13:10|
|End of Day Share Price||2020/02/24 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.