Patspin India Limited manufactures and sells combed cotton yarns in India. More Details
Adequate balance sheet and fair value.
Share Price & News
How has Patspin India's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PATSPINLTD's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PATSPINLTD underperformed the Indian Luxury industry which returned -12.4% over the past year.
Return vs Market: PATSPINLTD underperformed the Indian Market which returned -2.5% over the past year.
Price Volatility Vs. Market
How volatile is Patspin India's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StWhat We Learned About Patspin India's (NSE:PATSPINLTD) CEO Compensation
4 months ago | Simply Wall StIs Patspin India (NSE:PATSPINLTD) Set To Make A Turnaround?
10 months ago | Simply Wall StDid You Manage To Avoid Patspin India's (NSE:PATSPINLTD) 44% Share Price Drop?
Is Patspin India 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: PATSPINLTD (₹4.15) is trading below our estimate of fair value (₹75.09)
Significantly Below Fair Value: PATSPINLTD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PATSPINLTD is unprofitable, so we can't compare its PE Ratio to the IN Luxury industry average.
PE vs Market: PATSPINLTD 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 PATSPINLTD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PATSPINLTD is good value based on its PB Ratio (0.4x) compared to the IN Luxury industry average (0.5x).
How is Patspin India 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 Patspin India 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.
- Examine whether Patspin India is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Patspin India 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 Patspin India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PATSPINLTD is currently unprofitable.
Growing Profit Margin: PATSPINLTD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PATSPINLTD is unprofitable, and losses have increased over the past 5 years at a rate of 48.1% per year.
Accelerating Growth: Unable to compare PATSPINLTD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PATSPINLTD is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-25.1%).
Return on Equity
High ROE: PATSPINLTD has a negative Return on Equity (-81.53%), as it is currently unprofitable.
How is Patspin India's financial position?
Financial Position Analysis
Short Term Liabilities: PATSPINLTD's short term assets (₹660.1M) do not cover its short term liabilities (₹1.8B).
Long Term Liabilities: PATSPINLTD's short term assets (₹660.1M) exceed its long term liabilities (₹608.0M).
Debt to Equity History and Analysis
Debt Level: PATSPINLTD's debt to equity ratio (441.9%) is considered high.
Reducing Debt: PATSPINLTD's debt to equity ratio has reduced from 1047.1% to 441.9% over the past 5 years.
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 PATSPINLTD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PATSPINLTD is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.5% per year.
What is Patspin India current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PATSPINLTD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PATSPINLTD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PATSPINLTD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PATSPINLTD'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 PATSPINLTD'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
Umang Patodia (51 yo)
Shri. Umang Patodia serves as Additional Non -Executive Non-Independent Director at GTN Textiles Limited since September 15, 2020. He has been the Managing Director of Patspin India Ltd., since August 1994 ...
CEO Compensation Analysis
Compensation vs Market: Umang's total compensation ($USD71.02K) is above average for companies of similar size in the Indian market ($USD54.49K).
Compensation vs Earnings: Umang's compensation has been consistent with company performance over the past year.
|MD & Executive Director||26.17yrs||₹5.29m||0.037% |
|Non-Executive Chairman||no data||₹35.00k||0.22% |
|Independent Director||20.33yrs||₹80.00k||no data|
|Independent Director||8.42yrs||₹57.50k||no data|
|Woman Director||0.92yr||₹7.50k||no data|
|Additional Director||0.25yr||no data||no data|
|Additional Independent Director||0.083yr||no data||no data|
Experienced Board: PATSPINLTD's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
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.
Patspin India Limited's company bio, employee growth, exchange listings and data sources
- Name: Patspin India Limited
- Ticker: PATSPINLTD
- Exchange: NSEI
- Founded: 1991
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹134.502m
- Shares outstanding: 30.92m
- Website: https://www.patspin.com
Number of Employees
- Patspin India Limited
- 43, Mittal Chambers
- 4th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|514326||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 1995|
|PATSPINLTD||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||May 1995|
Patspin India Limited manufactures and sells combed cotton yarns in India. It offers yarns of various counts from NE 20’s to NE 100’s, as well as value added products. The company also exports its products ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/30 12:41|
|End of Day Share Price||2020/10/30 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.