NSEI:PDSMFL

Stock Analysis Report

PDS Multinational Fashions

Executive Summary

PDS Multinational Fashions Limited, together its subsidiaries, designs, develops, sources, manufactures, markets, and distributes various readymade garments and other consumer products worldwide.


Snowflake Analysis

Solid track record with adequate balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: PDSMFL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

3.7%

PDSMFL

1.1%

IN Luxury

-0.8%

IN Market


1 Year Return

50.2%

PDSMFL

18.4%

IN Luxury

11.1%

IN Market

Return vs Industry: PDSMFL exceeded the Indian Luxury industry which returned 16.6% over the past year.

Return vs Market: PDSMFL exceeded the Indian Market which returned 11.1% over the past year.


Shareholder returns

PDSMFLIndustryMarket
7 Day3.7%1.1%-0.8%
30 Day21.8%3.3%-2.3%
90 Day22.5%9.6%2.1%
1 Year50.2%50.2%19.2%18.4%13.1%11.1%
3 Year159.1%159.1%54.9%51.5%22.9%16.2%
5 Year103.2%103.2%106.1%99.4%34.9%22.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is PDS Multinational Fashions undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PDSMFL (₹386) is trading below our estimate of fair value (₹1383.2)

Significantly Below Fair Value: PDSMFL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PDSMFL is poor value based on its PE Ratio (15.8x) compared to the Luxury industry average (11.1x).

PE vs Market: PDSMFL is poor value based on its PE Ratio (15.8x) compared to the Indian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: PDSMFL is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: PDSMFL is overvalued based on its PB Ratio (1.8x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is PDS Multinational Fashions forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

12.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PDSMFL's forecast earnings growth (12.6% per year) is above the savings rate (6.5%).

Earnings vs Market: PDSMFL's earnings (12.6% per year) are forecast to grow slower than the Indian market (20.5% per year).

High Growth Earnings: PDSMFL's earnings are forecast to grow, but not significantly.

Revenue vs Market: PDSMFL's revenue (9.9% per year) is forecast to grow faster than the Indian market (9% per year).

High Growth Revenue: PDSMFL's revenue (9.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PDSMFL's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has PDS Multinational Fashions performed over the past 5 years?

18.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PDSMFL has high quality earnings.

Growing Profit Margin: PDSMFL's current net profit margins (0.9%) are higher than last year (0.4%).


Past Earnings Growth Analysis

Earnings Trend: PDSMFL's earnings have grown by 18.4% per year over the past 5 years.

Accelerating Growth: PDSMFL's earnings growth over the past year (186.4%) exceeds its 5-year average (18.4% per year).

Earnings vs Industry: PDSMFL earnings growth over the past year (186.4%) exceeded the Luxury industry 2.5%.


Return on Equity

High ROE: PDSMFL's Return on Equity (15%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is PDS Multinational Fashions's financial position?


Financial Position Analysis

Short Term Liabilities: PDSMFL's short term assets (₹14.3B) exceed its short term liabilities (₹12.8B).

Long Term Liabilities: PDSMFL's short term assets (₹14.3B) exceed its long term liabilities (₹872.0M).


Debt to Equity History and Analysis

Debt Level: PDSMFL's debt to equity ratio (110.9%) is considered high.

Reducing Debt: PDSMFL's debt to equity ratio has increased from 97.7% to 110.9% over the past 5 years.

Debt Coverage: PDSMFL's debt is well covered by operating cash flow (58.7%).

Interest Coverage: PDSMFL's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet

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

Debt Coverage by Assets: PDSMFL's debt is covered by short term assets (assets are 2.1x debt).


Next Steps

Dividend

What is PDS Multinational Fashions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if PDSMFL'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 PDSMFL'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?

1.2yrs

Average management tenure


CEO

Omprakash Makam Setty (52yo)

1.2yrs

Tenure

₹8,219,000

Compensation

Mr. Omprakash Makam Suryanarayana Setty has been Chief Executive Officer of PDS Multinational Fashions Limited since December 1, 2018. He served as the Chief Financial Officer of PDS Multinational Fashions ...


CEO Compensation Analysis

Compensation vs Market: Omprakash Makam's total compensation ($USD114.93K) is above average for companies of similar size in the Indian market ($USD50.21K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Omprakash Makam Setty
Chief Executive Officer1.2yrs₹8.22mno data
Ajai Singh
Chief Financial Officer1.2yrs₹20.60mno data
K. Swaminathan
Chief Technology Officer0yrsno datano data
Battula Chandra Reddy
Company Secretary3.3yrs₹5.05mno data
Mayank Agarwal
Finance Controller0yrsno datano data
Natarajan Swaminathan
Corporate Controller0yrsno datano data
Sunvinder Singh
President0yrsno datano data
Nidhi Datt
Chief Operating Officer0yrsno datano data
Payal Pitliya
Group Head of HR0yrsno datano data
Ankur Mehrotra
Corporate Controller0yrsno datano data

1.2yrs

Average Tenure

46yo

Average Age

Experienced Management: PDSMFL's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ashutosh Bhupatkar
Non-Executive Independent Director5.8yrs₹198.00kno data
Ashok Chhabra
Non-Executive Independent Director5.8yrs₹264.00kno data
Deepak Seth
Chairman0yrsno data12.12% 1.2b
Pallak Seth
Vice-Chairman0yrsno data1.07% 108.4m
Payel Seth
Non-Executive Director8.8yrs₹2.10m53.27% 5.4b
Ashok Sanghi
Non-Executive Independent Director5.8yrs₹264.00kno data

5.8yrs

Average Tenure

67.5yo

Average Age

Experienced Board: PDSMFL's board of directors are considered experienced (5.8 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.


Ownership Breakdown

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


Top Shareholders

Company Information

PDS Multinational Fashions Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PDS Multinational Fashions Limited
  • Ticker: PDSMFL
  • Exchange: NSEI
  • Founded: 2011
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₹10.123b
  • Shares outstanding: 26.05m
  • Website: https://www.pdsmultinational.com

Number of Employees


Location

  • PDS Multinational Fashions Limited
  • No. 758 & 759, HSR Layout
  • 2nd Floor
  • Bengaluru
  • Karnataka
  • 560102
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
538730BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2014
PDSMFLNSEI (National Stock Exchange of India)YesEquity SharesININROct 2014

Biography

PDS Multinational Fashions Limited, together its subsidiaries, designs, develops, sources, manufactures, markets, and distributes various readymade garments and other consumer products worldwide. The company offers various apparel solutions for ladies, men, essentials, kids, and babies, as well as operates showrooms in the United States, Canada, Chile, the United Kingdom, Spain, France, Italy, Germany, Hong Kong, Australia, and South Africa. It also provides licensed apparel products; footwear; accessories, including bags, belts, hats, scarves, winter warmers, and small leather goods; home products; and various beauty products. The company also engages in the holding, owing, leasing, and licensing of real estate business. PDS Multinational Fashions Limited was incorporated in 2011 and is based in Bengaluru, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 13:12
End of Day Share Price2020/02/17 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.