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Orbit Exports

NSEI:ORBTEXP
Snowflake Description

Flawless balance sheet and fair value.

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

Orbit Exports Limited manufactures and sells fabrics, ribbons, and made ups. The last earnings update was 245 days ago. More info.


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ORBTEXP Share Price and Events
7 Day Returns
0.5%
NSEI:ORBTEXP
-0.6%
IN Luxury
-1.9%
IN Market
1 Year Returns
-15.7%
NSEI:ORBTEXP
-4%
IN Luxury
-2.8%
IN Market
ORBTEXP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Orbit Exports (ORBTEXP) 0.5% 11.4% 4.2% -15.7% -14.5% 88.1%
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
  • ORBTEXP underperformed the Luxury industry which returned -4% over the past year.
  • ORBTEXP underperformed the Market in India which returned -2.8% over the past year.
Price Volatility
ORBTEXP
Industry
5yr Volatility vs Market
Related Companies

ORBTEXP Value

 Is Orbit Exports 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 Orbit Exports 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 Orbit Exports.

NSEI:ORBTEXP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.7%
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:ORBTEXP
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%) (4.31%))
0.833
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.833 * 8.6%)
14.71%

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

The calculations below outline how an intrinsic value for Orbit Exports 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:ORBTEXP DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 14.71%)
2019 296.97 Est @ 19.75% 258.89
2020 344.76 Est @ 16.09% 262.00
2021 391.40 Est @ 13.53% 259.31
2022 437.33 Est @ 11.74% 252.58
2023 483.16 Est @ 10.48% 243.26
2024 529.55 Est @ 9.6% 232.43
2025 577.14 Est @ 8.99% 220.83
2026 626.51 Est @ 8.55% 208.98
2027 678.22 Est @ 8.25% 197.21
2028 732.76 Est @ 8.04% 185.75
Present value of next 10 years cash flows ₹2,321.25
NSEI:ORBTEXP DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹732.76 × (1 + 7.55%) ÷ (14.71% – 7.55%)
₹11,005.99
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹11,005.99 ÷ (1 + 14.71%)10
₹2,789.95
NSEI:ORBTEXP Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹2,321.25 + ₹2,789.95
₹5,111.20
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹5,111.20 / 28.26
₹180.88
NSEI:ORBTEXP Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:ORBTEXP represents 1.00478x of BSE:512626
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00478x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 180.88 x 1.00478
₹181.74
Value per share (INR) From above. ₹181.74
Current discount Discount to share price of ₹115.55
= -1 x (₹115.55 - ₹181.74) / ₹181.74
36.4%

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

Current Discount
Amount off the current price Orbit Exports is available for.
Intrinsic value
36%
Share price is ₹115.55 vs Future cash flow value of ₹181.74
Current Discount Checks
For Orbit Exports to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Orbit Exports's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Orbit Exports's share price is below the future cash flow value, but not 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 Orbit Exports's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Orbit Exports's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:ORBTEXP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹9.43
BSE:512626 Share Price ** BSE (2019-04-24) in INR ₹115
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 Orbit Exports.

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

= BSE:512626 Share Price ÷ EPS (both in INR)

= 115 ÷ 9.43

12.2x

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

  • Orbit Exports is good value based on earnings compared to the IN Luxury industry average.
  • Orbit Exports is good value based on earnings compared to the India market.
Price based on expected Growth
Does Orbit Exports's expected growth come at a high price?
Raw Data
NSEI:ORBTEXP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.2x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
4.3%per year
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 .

NSEI:ORBTEXP PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.2x ÷ 4.3%

2.82x

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

  • Orbit Exports is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Orbit Exports's assets?
Raw Data
NSEI:ORBTEXP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹50.54
BSE:512626 Share Price * BSE (2019-04-24) in INR ₹115
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:ORBTEXP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:512626 Share Price ÷ Book Value per Share (both in INR)

= 115 ÷ 50.54

2.28x

* Primary Listing of Orbit Exports.

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

  • Orbit Exports is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Orbit Exports'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. Orbit Exports has a total score of 3/6, 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.

ORBTEXP Future Performance

 How is Orbit Exports expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
4.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Orbit Exports expected to grow at an attractive rate?
  • Orbit Exports's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Orbit Exports's earnings growth is positive but not above the India market average.
  • Orbit Exports's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
Raw Data
NSEI:ORBTEXP Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:ORBTEXP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 4.3%
NSEI:ORBTEXP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 8.2%
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:ORBTEXP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:ORBTEXP Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-03-31 1,606 294 1
2019-03-31 1,460 256 1
NSEI:ORBTEXP Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 1,364 379 270
2017-03-31 1,344 322 214
2016-03-31 1,481 216 232

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Orbit Exports's earnings are expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).
  • Orbit Exports's revenue is expected to grow by 8.2% yearly, however this is not considered high growth (20% yearly).
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:ORBTEXP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Orbit Exports Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:ORBTEXP Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-03-31 11.10 11.10 11.10 1.00
2019-03-31 9.80 9.80 9.80 1.00
NSEI:ORBTEXP Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 9.43
2017-03-31 7.47
2016-03-31 8.11

*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.
  • Orbit Exports is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Orbit Exports'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.
Orbit Exports 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.

ORBTEXP Past Performance

  How has Orbit Exports performed over the past 5 years?

  • Orbit Exports's last earnings update was 245 days ago.
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 Orbit Exports'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.
  • Insufficient data to establish if Orbit Exports's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Orbit Exports's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Orbit Exports's earnings growth has exceeded the IN Luxury industry average in the past year (26.1% vs 14.8%).
Earnings and Revenue History
Orbit Exports'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 Orbit Exports Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:ORBTEXP Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 1,364.50 270.35 241.30
2017-03-31 1,343.73 214.45 195.02
2016-03-31 1,481.10 232.47 175.22
2015-03-31 1,582.08 278.63 131.66
2014-03-31 1,331.10 203.74 167.86
2013-12-31 1,314.10 199.89 151.78
2013-09-30 1,282.31 186.53 143.79
2013-06-30 1,251.17 155.13 139.08
2013-03-31 1,209.53 144.49 135.38
2012-12-31 1,180.67 124.49 116.35
2012-09-30 1,142.15 109.72 113.43
2012-06-30 1,074.06 100.01 111.85

*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.
  • Orbit Exports has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Orbit Exports used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Orbit Exports's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Orbit Exports'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.
Orbit Exports has a total score of 2/6, 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.

ORBTEXP Health

 How is Orbit Exports'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 Orbit Exports's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Orbit Exports is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Orbit Exports's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Orbit Exports'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.
  • Debt is covered by short term assets, assets are 5.9x debt.
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 Orbit Exports Company Filings, last reported 1 year ago.

NSEI:ORBTEXP Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 1,428.15 140.04 41.94
2017-03-31 1,259.65 173.07 59.60
2016-03-31 1,124.76 434.58 58.60
2015-03-31 950.39 422.63 67.75
2014-03-31 712.20 446.48 53.29
2013-12-31
2013-09-30
2013-06-30 483.67 272.10 74.90
2013-03-31 483.67 272.10 74.90
2012-12-31 422.00 221.07 9.64
2012-09-30 422.00 221.07 9.64
2012-06-30 349.21 304.12 3.13
  • Orbit Exports's level of debt (9.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (56.3% vs 9.8% today).
  • Debt is well covered by operating cash flow (270.6%, greater than 20% of total debt).
  • Orbit Exports earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Orbit Exports'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. Orbit Exports has a total score of 6/6, 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.

ORBTEXP Dividends

 What is Orbit Exports'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 Orbit Exports dividends.
If you bought ₹2,000 of Orbit Exports 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 Orbit Exports's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Orbit Exports'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:ORBTEXP 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 1 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:ORBTEXP Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2020-03-31
2019-03-31
NSEI:ORBTEXP Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-08-23 0.000 0.000
2018-05-30 0.000 0.000
2017-08-21 1.600 1.068
2017-05-22 1.600 1.084
2017-01-25 1.750 1.268
2016-05-30 1.500 1.176
2016-02-10 2.250 1.693
2015-06-23 2.250 1.143
2015-05-22 2.250 1.174
2014-11-05 1.750 0.938
2014-06-19 1.625 1.575
2014-05-27 1.625 2.864
2014-02-05 1.500 2.838
2013-05-15 1.000 2.360
2013-02-08 1.500 4.319
2012-05-28 0.833 2.923
2012-02-28 1.000 3.587
2011-11-14 0.333 1.108
2011-05-03 0.667 2.185
2010-10-15 1.000 4.774
2010-01-20 0.333 2.970

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

  • Unable to perform a dividend volatility check as Orbit Exports has not reported any payouts.
  • Unable to verify if Orbit Exports's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Orbit Exports's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Orbit Exports 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 Orbit Exports'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 Orbit Exports afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Orbit Exports 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.

ORBTEXP Management

 What is the CEO of Orbit Exports'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
Pankaj Seth
COMPENSATION ₹0
AGE 54
CEO Bio

Mr. Pankaj S. Seth serves as the Managing Director of Orbit Exports Ltd. Mr. Seth has a vast experience of 16 years in trading and export of fabrics. He served as Chairman of Orbit Exports Ltd and has been its Director since September 1, 2004. He holds Masters in Management from Bombay University. He also holds B.Com from Mumbai University and also MBA from N. M Institute of Management Mumbai.

CEO Compensation
  • Pankaj's compensation has been consistent with company performance over the past year.
  • Pankaj's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Orbit Exports management team in years:

12.2
Average Tenure
52
Average Age
  • The average tenure for the Orbit Exports management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Pankaj Seth

TITLE
Chairman & MD
AGE
54

Mukesh Deopura

TITLE
CFO & Head of the Finance
COMPENSATION
₹3M
AGE
43
TENURE
7.5 yrs

Anisha Seth

TITLE
COO & Whole Time Director
AGE
54

Neha Poddar

TITLE
Compliance Officer & Company Secretary
COMPENSATION
₹839K

Bruce Kieval

TITLE
Executive Director
AGE
61

Devendra Goyal

TITLE
Vice President of Finance & Accounts
AGE
50
TENURE
12.2 yrs

Ajay Maheshwari

TITLE
Vice President of Marketing
AGE
46
TENURE
13.8 yrs
Board of Directors Tenure

Average tenure and age of the Orbit Exports board of directors in years:

9.1
Average Tenure
54
Average Age
  • The tenure for the Orbit Exports board of directors is about average.
Board of Directors

Pankaj Seth

TITLE
Chairman & MD
AGE
54

Anisha Seth

TITLE
COO & Whole Time Director
AGE
54
TENURE
14.8 yrs

Bruce Kieval

TITLE
Executive Director
AGE
61
TENURE
12.8 yrs

Pardeep Khosla

TITLE
Additional Non-Executive Independent Director
COMPENSATION
₹62K
TENURE
4.8 yrs

Saumil Marfatia

TITLE
Non Executive Independent Director
COMPENSATION
₹39K
AGE
59
TENURE
9.6 yrs

Balkrishna Patil

TITLE
Non Executive Independent Director
COMPENSATION
₹47K
AGE
68
TENURE
9.1 yrs

Varun Daga

TITLE
Non Executive Non Independent Director
COMPENSATION
₹46K
AGE
33
TENURE
7.8 yrs

Sunil Buch

TITLE
Non-Executive Independent Director
AGE
54
TENURE
0.2 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 (₹)
25. Sep 18 Buy Anisha Seth Individual 24. Sep 18 24. Sep 18 10,000 ₹140.99 ₹1,409,911
13. Aug 18 Buy Anisha Seth Individual 10. Aug 18 10. Aug 18 20,000 ₹145.51 ₹2,910,156
13. Aug 18 Buy Pankaj Seth Individual 10. Aug 18 10. Aug 18 30,000 ₹145.51 ₹4,365,229
28. Jun 18 Buy Pankaj Seth Individual 26. Jun 18 26. Jun 18 8,926 ₹129.18 ₹1,153,025
30. Jun 18 Buy Parth Seth Individual 28. Jun 18 28. Jun 18 1,038 ₹122.22 ₹126,864
30. Jun 18 Buy Anisha Seth Individual 27. Jun 18 27. Jun 18 2,063 ₹130.26 ₹268,720
X
Management checks
We assess Orbit Exports'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. Orbit Exports 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.

ORBTEXP News

Simply Wall St News

A Close Look At Orbit Exports Limited’s (NSE:ORBTEXP) 19% ROCE

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

How Many Insiders Bought Orbit Exports Limited (NSE:ORBTEXP) Shares?

So we'll take a look at whether insiders have been buying or selling shares in Orbit Exports Limited (NSE:ORBTEXP). … The Last 12 Months Of Insider Transactions At Orbit Exports. … In total, Orbit Exports insiders bought more than they sold over the last year

Simply Wall St -

Was Orbit Exports Limited's (NSE:ORBTEXP) Earnings Growth Better Than The Industry's?

In this commentary, I will examine Orbit Exports Limited's (NSE:ORBTEXP) latest earnings update (31 March 2018) and compare these figures against its performance over the past couple of years, as well as how the rest of the luxury industry performed. … See our latest analysis for Orbit Exports? … ORBTEXP's trailing twelve-month earnings (from 31 March 2018) of ₹270m has.

Simply Wall St -

Orbit Exports Limited (NSE:ORBTEXP) Delivered A Better ROE Than Its Industry

This article is for those who would like to learn about Return On Equity (ROE). … That means that for every ₹1 worth of shareholders' equity, it generated ₹0.19 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Should You Like Orbit Exports Limited’s (NSE:ORBTEXP) High Return On Capital Employed?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Have Insiders Been Buying Orbit Exports Limited (NSE:ORBTEXP) Shares?

So before you buy or sell Orbit Exports Limited (NSE:ORBTEXP), you may well want to know whether insiders have been buying or selling. … Orbit Exports Insider Transactions Over The Last Year. … In total, Orbit Exports insiders bought more than they sold over the last year

Simply Wall St -

Is Orbit Exports Limited's (NSE:ORBTEXP) High P/E Ratio A Problem For Investors?

To keep it practical, we'll show how Orbit Exports Limited's (NSE:ORBTEXP) P/E ratio could help you assess the value on offer. … Orbit Exports has a price to earnings ratio of 14.21, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

How Does Orbit Exports Limited's (NSE:ORBTEXP) Earnings Growth Stack Up Against Industry Performance?

Understanding Orbit Exports Limited's (NSE:ORBTEXP) performance as a company requires examining more than earnings from one point in time. … Today I will take you through a basic sense check to gain perspective on how Orbit Exports is doing by evaluating its latest earnings with its longer term trend as well as its industry peers' performance over the same period. … Check out our latest analysis for Orbit Exports.

Simply Wall St -

Is Orbit Exports Limited (NSE:ORBTEXP) A Smart Choice For Dividend Investors?

A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … In the past 9 years Orbit Exports Limited (NSE:ORBTEXP) has returned an average of 2.00% per year to investors in the form of dividend payouts. … Let's take a look at Orbit Exports in more detail.

Simply Wall St -

Who Are The Top Investors In Orbit Exports Limited (NSE:ORBTEXP)?

In this article, I'm going to take a look at Orbit Exports Limited’s (NSE:ORBTEXP) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders. … Therefore, it is beneficial for us to examine ORBTEXP's ownership structure in more detail.

Simply Wall St -

ORBTEXP Company Info

Description

Orbit Exports Limited manufactures and sells fabrics, ribbons, and made ups. The company offers faux silk fabrics, fashion Jaquard, and Christmas craft products. It is also involved in the windmill power generation business. The company also exports its products primarily to the Middle East and Europe. Orbit Exports Limited was founded in 1983 and is based in Mumbai, India.

Details
Name: Orbit Exports Limited
ORBTEXP
Exchange: NSEI
Founded: 1983
₹3,249,653,440
28,257,856
Website: http://www.orbitexports.com
Address: Orbit Exports Limited
122, Mistry Bhavan,
2nd Floor,
Mumbai,
Maharashtra, 400020,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 512626 Equity Shares Mumbai Stock Exchange IN INR 15. Jul 2005
NSEI ORBTEXP Equity Shares National Stock Exchange of India IN INR 15. Jul 2005
Number of employees
Current staff
Staff numbers
0
Orbit Exports employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 12:55
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/04/05
Last earnings filing: 2018/08/22
Last earnings reported: 2018/03/31
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.