NSEI:PRADIP

Stock Analysis Report

Executive Summary

Pradip Overseas Limited manufactures and exports home textiles, home decors, and home furnishings in India and internationally.


Snowflake Analysis

Acceptable track record and slightly overvalued.

Share Price & News

How has Pradip Overseas's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

PRADIP

-0.5%

IN Luxury

-1.5%

IN Market


1 Year Return

-64.0%

PRADIP

18.2%

IN Luxury

10.7%

IN Market

Return vs Industry: PRADIP underperformed the Indian Luxury industry which returned 18.2% over the past year.

Return vs Market: PRADIP underperformed the Indian Market which returned 10.7% over the past year.


Shareholder returns

PRADIPIndustryMarket
7 Day0%-0.5%-1.5%
30 Day-10.0%3.0%-2.7%
90 Day-18.2%9.2%1.3%
1 Year-64.0%-64.0%19.0%18.2%12.7%10.7%
3 Year-86.4%-86.4%52.2%48.8%22.0%15.1%
5 Year-80.9%-80.9%106.9%100.1%34.5%22.0%

Price Volatility Vs. Market

How volatile is Pradip Overseas's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Pradip Overseas undervalued compared to its fair value and its price relative to the market?

0.09x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: PRADIP is good value based on its PE Ratio (0.1x) compared to the Luxury industry average (11.2x).

PE vs Market: PRADIP is good value based on its PE Ratio (0.1x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PRADIP has negative assets, so we can't compare its PB Ratio to the IN Luxury industry average.


Next Steps

Future Growth

How is Pradip Overseas 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 Pradip Overseas 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 Pradip Overseas performed over the past 5 years?

50.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRADIP has high quality earnings.

Growing Profit Margin: PRADIP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PRADIP has become profitable over the past 5 years, growing earnings by 50.6% per year.

Accelerating Growth: PRADIP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PRADIP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (5.6%).


Return on Equity

High ROE: PRADIP's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Pradip Overseas's financial position?


Financial Position Analysis

Short Term Liabilities: PRADIP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: PRADIP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: PRADIP has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: PRADIP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

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

Debt Coverage by Assets: PRADIP has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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: PRADIP is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: PRADIP is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is Pradip Overseas's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: PRADIP is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

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

12.4yrs

Average management tenure


CEO

Pradipkumar Karia (59yo)

12.4yrs

Tenure

₹1,200,000

Compensation

Mr. Pradipkumar J. Karia has been the Chairman and Managing Director of Pradip Overseas Limited since September 19, 2007 and has also been its Chairman since June 29, 2005. Mr. Karia plays a major role in  ...


CEO Compensation Analysis

Compensation vs Market: Pradipkumar's total compensation ($USD16.77K) is below average for companies of similar size in the Indian market ($USD50.34K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Pradipkumar Karia
Chairman & MD12.4yrs₹1.20m18.61% 7.5m
Amit Thakkar
President0yrsno datano data
Vishal Karia
CFO & Wholetime Director14.7yrs₹600.00k8.85% 3.6m
Anand Shilpkar
Vice President of Technical12.9yrsno datano data
Alakh Saboo
Vice President of HRD & Administration0yrsno datano data
Nigambhai Sathavara
Company Secretary & Compliance Officer1.5yrs₹466.80k0.00010% 40.2
Chetan Kumar Karia
Whole Time Director14.7yrs₹900.00k18.61% 7.5m
Anil Agarwal
Vice President of Production12.3yrsno datano data

12.4yrs

Average Tenure

56yo

Average Age

Experienced Management: PRADIP's management team is seasoned and experienced (12.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pradipkumar Karia
Chairman & MD12.4yrs₹1.20m18.61% 7.5m
Vishal Karia
CFO & Wholetime Director14.7yrs₹600.00k8.85% 3.6m
Chetan Kumar Karia
Whole Time Director14.7yrs₹900.00k18.61% 7.5m
Jivansingh Negi
Non-Executive Independent Director12.3yrs₹60.00k0.14% 56.6k
Gurpur Kamath
Non-Executive Independent Director12.3yrs₹60.00kno data
Zalpa Rathod
Additional Non-Executive Independent Woman Director1.8yrs₹45.00kno data

13.5yrs

Average Tenure

57.5yo

Average Age

Experienced Board: PRADIP's board of directors are seasoned and experienced ( 13.5 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

Pradip Overseas Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pradip Overseas Limited
  • Ticker: PRADIP
  • Exchange: NSEI
  • Founded: 1980
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹40.205m
  • Shares outstanding: 48.44m
  • Website: https://www.pradipoverseas.com

Number of Employees


Location

  • Pradip Overseas Limited
  • A/601, Narnarayan Complex
  • Swastik Cross Roads
  • Ahmedabad
  • Gujarat
  • 380009
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRADIPNSEI (National Stock Exchange of India)YesEquity SharesININRApr 2010
533178BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2010

Biography

Pradip Overseas Limited manufactures and exports home textiles, home decors, and home furnishings in India and internationally. It offers cushions, towels, comforters, flannels, jerseys, readymade garments, and seersuckers; and home furnishing products, such as table linens, bed spreads, quilts, cushion covers, and curtains, as well as cotton and micro products. The company was founded in 1980 and is based in Ahmedabad, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 13:12
End of Day Share Price2020/02/19 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.