Libas Designs
Market Cap
₹600.3m
Last Updated
2020/02/17 13:12 UTC
Data Sources
Company Financials
Executive Summary
Libas Designs Limited engages in the process of fabrication of fabric into garments and other products in India.
Rewards
Risk Analysis
Snowflake Analysis
Outstanding track record with adequate balance sheet.
Similar Companies
Share Price & News
How has Libas Designs's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LIBAS has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-5.0%
LIBAS
1.1%
IN Luxury
-0.8%
IN Market
1 Year Return
-14.0%
LIBAS
18.4%
IN Luxury
11.1%
IN Market
Return vs Industry: LIBAS underperformed the Indian Luxury industry which returned 16.6% over the past year.
Return vs Market: LIBAS underperformed the Indian Market which returned 11.1% over the past year.
Shareholder returns
| LIBAS | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.0% | 1.1% | -0.8% |
| 30 Day | -6.8% | 3.3% | -2.3% |
| 90 Day | -11.8% | 9.6% | 2.1% |
| 1 Year | -14.0%-14.0% | 19.2%18.4% | 13.1%11.1% |
| 3 Year | n/a | 54.9%51.5% | 22.9%16.2% |
| 5 Year | n/a | 106.1%99.4% | 34.9%22.6% |
Price Volatility Vs. Market
How volatile is Libas Designs's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Why You Should Like Libas Designs Limited’s (NSE:LIBAS) ROCE3 weeks ago | Simply Wall St
Does Libas Designs (NSE:LIBAS) Have A Healthy Balance Sheet?1 month ago | Simply Wall St
Read This Before You Buy Libas Designs Limited (NSE:LIBAS) Because Of Its P/E RatioValuation
Is Libas Designs undervalued compared to its fair value and its price relative to the market?
6.76x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate LIBAS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LIBAS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LIBAS is good value based on its PE Ratio (6.8x) compared to the Luxury industry average (11.1x).
PE vs Market: LIBAS is good value based on its PE Ratio (6.8x) compared to the Indian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LIBAS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LIBAS is overvalued based on its PB Ratio (1.5x) compared to the IN Luxury industry average (0.5x).
Next Steps
Future Growth
How is Libas Designs 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 Libas Designs 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
- Check out Libas Designs's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Libas Designs competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Libas Designs performed over the past 5 years?
41.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LIBAS has high quality earnings.
Growing Profit Margin: LIBAS's current net profit margins (9.6%) are higher than last year (8.6%).
Past Earnings Growth Analysis
Earnings Trend: LIBAS's earnings have grown significantly by 41.2% per year over the past 5 years.
Accelerating Growth: LIBAS's earnings growth over the past year (54.2%) exceeds its 5-year average (41.2% per year).
Earnings vs Industry: LIBAS earnings growth over the past year (54.2%) exceeded the Luxury industry 2.5%.
Return on Equity
High ROE: LIBAS's Return on Equity (20.4%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Libas Designs's financial position?
Financial Position Analysis
Short Term Liabilities: LIBAS's short term assets (₹478.3M) exceed its short term liabilities (₹222.3M).
Long Term Liabilities: LIBAS's short term assets (₹478.3M) exceed its long term liabilities (₹14.6M).
Debt to Equity History and Analysis
Debt Level: LIBAS's debt to equity ratio (42%) is considered high.
Reducing Debt: LIBAS's debt to equity ratio has reduced from 140.6% to 42% over the past 5 years.
Debt Coverage: LIBAS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LIBAS's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
Inventory Level: LIBAS has a high level of physical assets or inventory.
Debt Coverage by Assets: LIBAS's debt is covered by short term assets (assets are 3x debt).
Next Steps
Dividend
What is Libas Designs's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate LIBAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LIBAS'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 LIBAS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LIBAS'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 LIBAS'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?
3.4yrs
Average board tenure
CEO
Reshma Ganji (46yo)
₹2,400,000
Compensation
Mrs. Reshma Riyaz Ganji serves as Managing Director of Libas Designs Limited and also has been its Director since July 26, 2016. Mrs. Ganji is a Mumbai based International Fashion Designer and having exper ...
CEO Compensation Analysis
Compensation vs Market: Reshma's total compensation ($USD33.56K) is below average for companies of similar size in the Indian market ($USD50.21K).
Compensation vs Earnings: Reshma's compensation has increased by more than 20% in the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 0yrs | ₹600.00k | 26.96% ₹161.8m | |
| MD & Director | 0yrs | ₹2.40m | 16.62% ₹99.7m | |
| Executive Director | 15.3yrs | ₹2.40m | 15.39% ₹92.4m | |
| Non-Executive & Independent Director | 3.4yrs | no data | no data | |
| Non-Executive & Independent Director | 3.4yrs | no data | no data | |
| Non-Executive & Independent Director | 3.4yrs | no data | no data |
3.4yrs
Average Tenure
51yo
Average Age
Experienced Board: LIBAS's board of directors are considered experienced (3.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LIBAS 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
Libas Designs Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Libas Designs Limited
- Ticker: LIBAS
- Exchange: NSEI
- Founded: 2004
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹600.250m
- Shares outstanding: 12.25m
- Website: https://www.libasfashion.com
Location
- Libas Designs Limited
- 401, Crecent Royal
- 4th Floor
- Mumbai
- Maharashtra
- 400053
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LIBAS | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jan 2017 |
Biography
Libas Designs Limited engages in the process of fabrication of fabric into garments and other products in India. It offers western contemporary and ethnic Indian men's and women's wear, which cover business suits, shirts, trousers, sherwanis, indo-westerns, kurtas, designer wedding suits, and formal shirts and trousers; men and women formal shoes and accessories; and jewelries. It markets its products under the LIBAS RIYAZ GANGJI, Gangji Jewels, and LIBAS reshma riyaz gangji brands. The company offers its products through its retail stores, Shoppers Shop, online retailers, and its website. Libas Designs Limited was incorporated in 2004 and is based in Mumbai, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 13:12 |
| End of Day Share Price | 2020/02/17 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.