NSEI:INDTERRAIN

Stock Analysis Report

Executive Summary

Indian Terrain Fashions Limited manufactures and sells apparel.


Snowflake Analysis

Adequate balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Indian Terrain Fashions's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-25.8%

INDTERRAIN

-2.4%

IN Luxury

-3.0%

IN Market


1 Year Return

-79.2%

INDTERRAIN

-26.9%

IN Luxury

-29.2%

IN Market

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

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


Shareholder returns

INDTERRAINIndustryMarket
7 Day-25.8%-2.4%-3.0%
30 Day-42.4%-28.4%-26.9%
90 Day-52.1%-25.6%-28.5%
1 Year-79.2%-79.2%-26.2%-26.9%-27.7%-29.2%
3 Year-83.5%-83.5%0.8%-1.6%-15.2%-19.9%
5 Year-77.5%-77.5%43.7%38.6%-3.1%-8.1%

Price Volatility Vs. Market

How volatile is Indian Terrain Fashions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Indian Terrain Fashions undervalued compared to its fair value and its price relative to the market?

7.02x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate INDTERRAIN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate INDTERRAIN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: INDTERRAIN is good value based on its PE Ratio (7x) compared to the Luxury industry average (7.8x).

PE vs Market: INDTERRAIN is good value based on its PE Ratio (7x) compared to the Indian market (9.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

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


Next Steps

Future Growth

How is Indian Terrain Fashions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.9%

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 Indian Terrain Fashions 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 Indian Terrain Fashions performed over the past 5 years?

0.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INDTERRAIN has high quality earnings.

Growing Profit Margin: INDTERRAIN's current net profit margins (3.6%) are lower than last year (6.4%).


Past Earnings Growth Analysis

Earnings Trend: INDTERRAIN's earnings have grown by 0.1% per year over the past 5 years.

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

Earnings vs Industry: INDTERRAIN had negative earnings growth (-43.4%) over the past year, making it difficult to compare to the Luxury industry average (6.4%).


Return on Equity

High ROE: INDTERRAIN's Return on Equity (6.4%) is considered low.


Next Steps

Financial Health

How is Indian Terrain Fashions's financial position?


Financial Position Analysis

Short Term Liabilities: INDTERRAIN's short term assets (₹3.9B) exceed its short term liabilities (₹2.1B).

Long Term Liabilities: INDTERRAIN's short term assets (₹3.9B) exceed its long term liabilities (₹894.9M).


Debt to Equity History and Analysis

Debt Level: INDTERRAIN's debt to equity ratio (13.1%) is considered satisfactory.

Reducing Debt: INDTERRAIN's debt to equity ratio has reduced from 111.1% to 13.1% over the past 5 years.

Debt Coverage: INDTERRAIN's debt is not well covered by operating cash flow (19.3%).

Interest Coverage: INDTERRAIN's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet

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

Debt Coverage by Assets: INDTERRAIN's debt is covered by short term assets (assets are 12.7x debt).


Next Steps

Dividend

What is Indian Terrain Fashions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate INDTERRAIN'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 INDTERRAIN's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of INDTERRAIN'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?

3.3yrs

Average management tenure


CEO

Charath Narsimhan (47yo)

no data

Tenure

₹6,877,000

Compensation

Mr. Charath Ram Narsimhan serves as Managing Director and Director of Indian Terrain Fashions Limited since August 8, 2018. Mr. Narsimhan served as the Managing Director of Celebrity Fashions Limited from  ...


CEO Compensation Analysis

Compensation vs Market: Charath's total compensation ($USD91.24K) is above average for companies of similar size in the Indian market ($USD48.50K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Venkatesh Rajagopal
Executive Chairman9.42yrs₹14.77m12.51% 131.3m
Charath Narsimhan
MD, CEO & Directorno data₹6.88m1.98% 20.8m
N. Nandakumar
Chief Financial Officer1.33yrs₹5.96mno data
Ravi B. S. G.
Company Secretary & Compliance Officer3.33yrs₹858.00kno data
Rama Rajagopal
Whole Time Director10.5yrs₹4.24m17.22% 180.6m
W. Manickarayan
General Manager of Group Human Resourcesno datano datano data
Selin Reubalin
Executive Vice President of Operationsno datano datano data

3.3yrs

Average Tenure

62yo

Average Age

Experienced Management: INDTERRAIN's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Venkatesh Rajagopal
Executive Chairman9.42yrs₹14.77m12.51% 131.3m
Charath Narsimhan
MD, CEO & Directorno data₹6.88m1.98% 20.8m
Rama Rajagopal
Whole Time Director10.5yrs₹4.24m17.22% 180.6m
Nugahalli Ranganath
Independent Non Executive Director9.5yrs₹390.00kno data
Harsh Bahadur
Non Executive Independent Director8.75yrs₹275.00kno data
Manoj Mohanka
Non Executive Independent Director8.25yrs₹255.00kno data
Kalpathi Suresh
Additional Independent Director1.83yrs₹220.00kno data

8.8yrs

Average Tenure

62yo

Average Age

Experienced Board: INDTERRAIN's board of directors are considered experienced (8.8 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Indian Terrain Fashions Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Indian Terrain Fashions Limited
  • Ticker: INDTERRAIN
  • Exchange: NSEI
  • Founded: 2009
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₹1.049b
  • Shares outstanding: 37.94m
  • Website: https://www.indianterrain.com

Number of Employees


Location

  • Indian Terrain Fashions Limited
  • SDF IV & C2
  • 3rd Main Road
  • Chennai
  • Tamil Nadu
  • 600045
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533329BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2011
INDTERRAINNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2011

Biography

Indian Terrain Fashions Limited manufactures and sells apparel. It offers shirts, T-shirts, sweaters, jackets, denims, sweatshirts, shorts, trousers, jeans, and joggers, as well as accessories comprising belts, wallets, and socks for men and boys. The company provides its products for men under the Indian Terrain brand name, as well as for boys between the ages of 4 and 16 years under the Indian Terrain BOY brand name. It sells its products through approximately 1,400 multi brand outlets, 380 departmental stores, and 161 exclusive outlets; and through its e-commerce site. The company was incorporated in 2009 and is headquartered in Chennai, 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 13:10
End of Day Share Price2020/03/27 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.