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Salona Cotspin

NSEI:SALONACOT
Snowflake Description

Acceptable track record with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SALONACOT
NSEI
₹471M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Salona Cotspin Limited produces and sells cotton textile products in India. The last earnings update was 69 days ago. More info.


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  • Salona Cotspin has significant price volatility in the past 3 months.
SALONACOT Share Price and Events
7 Day Returns
33.8%
NSEI:SALONACOT
0%
IN Luxury
-1.2%
IN Market
1 Year Returns
-18.7%
NSEI:SALONACOT
-4.3%
IN Luxury
-2.5%
IN Market
SALONACOT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Salona Cotspin (SALONACOT) 33.8% 40.7% 32.8% -18.7% - 423.2%
IN Luxury 0% 1.1% 7.9% -4.3% 48.5% 159.4%
IN Market -1.2% 1.4% 4.8% -2.5% 40% 69.9%
1 Year Return vs Industry and Market
  • SALONACOT underperformed the Luxury industry which returned -4.3% over the past year.
  • SALONACOT underperformed the Market in India which returned -2.5% over the past year.
Price Volatility
SALONACOT
Industry
5yr Volatility vs Market
Related Companies

SALONACOT Value

 Is Salona Cotspin 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
  • It is not possible to calculate the future cash flow value for Salona Cotspin. This is due to cash flow or dividend data being unavailable. The share price is ₹97.05.
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 Salona Cotspin's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Salona Cotspin's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:SALONACOT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹4.90
BSE:590056 Share Price ** BSE (2019-04-23) in INR ₹105.25
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.3x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Salona Cotspin.

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

= BSE:590056 Share Price ÷ EPS (both in INR)

= 105.25 ÷ 4.90

21.48x

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

  • Salona Cotspin is overvalued based on earnings compared to the IN Luxury industry average.
  • Salona Cotspin is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Salona Cotspin's expected growth come at a high price?
Raw Data
NSEI:SALONACOT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.48x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
5.5%per year
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.56x
India Market PEG Ratio Median Figure of 585 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Salona Cotspin, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Salona Cotspin's assets?
Raw Data
NSEI:SALONACOT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹59.98
BSE:590056 Share Price * BSE (2019-04-23) in INR ₹105.25
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.75x
India Market PB Ratio Median Figure of 3,629 Publicly-Listed Companies 1.1x
NSEI:SALONACOT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:590056 Share Price ÷ Book Value per Share (both in INR)

= 105.25 ÷ 59.98

1.75x

* Primary Listing of Salona Cotspin.

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

  • Salona Cotspin is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Salona Cotspin'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. Salona Cotspin has a total score of 0/6, 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.

SALONACOT Future Performance

 How is Salona Cotspin expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Salona Cotspin, future earnings growth has been estimated based on fundamentals.
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
5.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Salona Cotspin expected to grow at an attractive rate?
  • Salona Cotspin's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Salona Cotspin's earnings growth is positive but not above the India market average.
  • Unable to compare Salona Cotspin's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:SALONACOT Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:SALONACOT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 5.5%
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:SALONACOT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:SALONACOT Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 1,374 26
2018-09-30 1,380 27
2018-06-30 1,219 20
2018-03-31 1,068 40 21
2017-12-31 1,176 19
2017-09-30 1,163 22
2017-06-30 1,158 37
2017-03-31 1,214 -30 33
2016-12-31 1,101 29
2016-09-30 1,101 25
2016-06-30 1,086 17
2016-03-31 1,003 0 23

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Salona Cotspin's earnings are expected to grow by 5.5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Salona Cotspin is high growth as no revenue estimate data is available.
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:SALONACOT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Salona Cotspin Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:SALONACOT Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 4.90
2018-09-30 5.17
2018-06-30 3.83
2018-03-31 4.05
2017-12-31 3.70
2017-09-30 4.27
2017-06-30 7.05
2017-03-31 6.35
2016-12-31 5.43
2016-09-30 4.70
2016-06-30 3.27
2016-03-31 4.31

*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.
  • Unable to establish if Salona Cotspin will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Salona Cotspin'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.
Salona Cotspin 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.

SALONACOT Past Performance

  How has Salona Cotspin performed over the past 5 years?

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 Salona Cotspin'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.
  • Salona Cotspin's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Salona Cotspin's 1-year earnings growth exceeds its 5-year average (32.2% vs -14.6%)
  • Salona Cotspin's earnings growth has exceeded the IN Luxury industry average in the past year (32.2% vs 14.8%).
Earnings and Revenue History
Salona Cotspin'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 Salona Cotspin Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:SALONACOT Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,373.58 25.76 72.62
2018-09-30 1,379.95 27.22 69.67
2018-06-30 1,218.75 20.18 68.78
2018-03-31 1,068.19 21.30 66.64
2017-12-31 1,175.66 19.49 64.89
2017-09-30 1,162.81 22.46 63.74
2017-06-30 1,157.92 37.11 57.98
2017-03-31 1,214.09 33.43 57.77
2016-12-31 1,100.79 28.58 49.48
2016-09-30 1,100.63 24.74 48.47
2016-06-30 1,085.95 17.22 45.74
2016-03-31 1,002.58 22.69 46.17
2015-12-31 956.31 32.28 87.05
2015-09-30 972.87 20.68 85.92
2015-06-30 1,014.88 25.84 41.82
2015-03-31 1,030.34 21.06 40.89
2014-12-31 1,104.63 15.22 93.78
2014-09-30 1,097.66 42.70 91.12
2014-06-30 1,094.59 46.32 90.30
2014-03-31 1,063.79 56.64 88.70
2013-12-31 969.15 57.50 70.87
2013-09-30 889.16 41.88 68.52
2013-06-30 852.21 42.65 65.37
2013-03-31 857.03 31.13 63.59
2012-12-31 843.46 59.91 53.00
2012-09-30 781.92 56.54 52.40
2012-06-30 763.80 1.51 53.37

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

SALONACOT Health

 How is Salona Cotspin'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 Salona Cotspin's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Salona Cotspin is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Salona Cotspin's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Salona Cotspin'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 1.6x 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 Salona Cotspin Company Filings, last reported 3 months ago.

NSEI:SALONACOT Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 315.88 316.55 59.67
2018-09-30 315.88 316.55 59.67
2018-06-30 300.27 433.36 6.04
2018-03-31 300.27 433.36 6.04
2017-12-31 288.85 309.80 2.63
2017-09-30 288.85 309.80 2.63
2017-06-30 279.07 327.42 2.07
2017-03-31 279.14 352.84 2.07
2016-12-31 270.19 229.72 2.94
2016-09-30 270.19 229.72 2.94
2016-06-30 245.64 322.72 17.67
2016-03-31 245.64 305.49 17.67
2015-12-31 250.20 256.13 14.49
2015-09-30 250.20 256.13 14.49
2015-06-30 227.70 217.97 5.15
2015-03-31 227.70 255.92 5.15
2014-12-31 229.52 240.44 30.61
2014-09-30 229.52 240.44 30.61
2014-06-30 206.65 334.28 15.38
2014-03-31 206.65 334.28 15.38
2013-12-31 194.21 337.47 15.15
2013-09-30 194.21 337.47 15.15
2013-06-30 157.39 398.02 5.45
2013-03-31 157.39 398.02 5.45
2012-12-31 152.32 397.45 5.69
2012-09-30 152.32 397.45 5.69
2012-06-30 126.26 449.14 15.85
  • Salona Cotspin's level of debt (100.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (173.6% vs 100.2% today).
  • Debt is not well covered by operating cash flow (12.6%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.8x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Salona Cotspin'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. Salona Cotspin has a total score of 3/6, 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.

SALONACOT Dividends

 What is Salona Cotspin'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
0.57%
Current annual income from Salona Cotspin dividends.
If you bought ₹2,000 of Salona Cotspin shares you are expected to receive ₹11 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?
  • Salona Cotspin's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.51%).
  • Salona Cotspin's dividend is below the markets top 25% of dividend payers in India (1.93%).
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:SALONACOT 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 0 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 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:SALONACOT Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-05-28 0.600 0.765
2018-05-21 0.600 0.649
2017-05-16 0.600 0.644
2016-05-30 0.750 1.911
2016-02-10 0.000 0.000
2015-11-13 0.000 0.000
2015-09-14 0.000 0.000
2014-10-27 1.200 4.941
2013-08-13 0.000 0.000
2013-05-29 0.000 0.000
2013-02-14 0.000 0.000
2012-11-09 0.000 0.000
2012-06-29 0.000 0.000
2011-11-15 1.000 7.181
2010-10-25 1.000 4.040
2009-04-24 0.000 0.000

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

  • Salona Cotspin has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Salona Cotspin has only been paying a dividend for 8 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Salona Cotspin's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (8.2x coverage).
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 Salona Cotspin'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 Salona Cotspin afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Salona Cotspin has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SALONACOT Management

 What is the CEO of Salona Cotspin'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
Shyamlal Agarwala
COMPENSATION ₹2,840,348
CEO Bio

Mr. Shyamlal Agarwala serves as the Executive Chairman, Chief Executive Officer at Salona Cotspin Ltd and has been its Managing Director since April 1,2015.

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

Shyamlal Agarwala

TITLE
Chairman
COMPENSATION
₹3M

Manoj Jhajharia

TITLE
Joint MD & Executive Director
COMPENSATION
₹2M
TENURE
7.8 yrs

M. Selvaraj

TITLE
CFO & General Manager of Accounts

K. Sajith

TITLE
Compliance Officer & Company Secretary
TENURE
3.2 yrs

Pramod Jhajharia

TITLE
Chief Executive
Board of Directors Tenure

Average tenure of the Salona Cotspin board of directors in years:

4.4
Average Tenure
  • The tenure for the Salona Cotspin board of directors is about average.
Board of Directors

Shyamlal Agarwala

TITLE
Chairman
COMPENSATION
₹3M

Manoj Jhajharia

TITLE
Joint MD & Executive Director
COMPENSATION
₹2M

G. V. Desikan

TITLE
Non-Executive Independent Director
COMPENSATION
₹26K
AGE
86
TENURE
24.2 yrs

Dhiresh Jayasi

TITLE
Non-Executive Independent Director
COMPENSATION
₹18K
AGE
64
TENURE
4.8 yrs

Meenakumari Shanmugam

TITLE
Non-Executive Independent Director
COMPENSATION
₹10K
TENURE
4.1 yrs

Arun Jhajharia

TITLE
Additional Director
COMPENSATION
₹100K
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Salona Cotspin insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
20. Feb 19 Buy Pramod Jhajharia Individual 23. Jan 19 18. Feb 19 2,000 ₹72.00 ₹144,000
20. Feb 19 Buy Sabita Agarwal Individual 14. Jan 19 16. Feb 19 5 ₹75.60 ₹378
20. Feb 19 Buy Sheli Agarwal Individual 14. Jan 19 16. Feb 19 6,000 ₹70.42 ₹422,525
20. Feb 19 Buy Arun Jhajharia Individual 23. Jan 19 18. Feb 19 4,200 ₹72.38 ₹304,000
20. Feb 19 Buy Pista Jhajharia Individual 16. Jan 19 16. Feb 19 2,750 ₹72.18 ₹198,500
20. Feb 19 Buy Raghav Agarwal Individual 16. Jan 19 16. Feb 19 5,950 ₹72.43 ₹430,950
X
Management checks
We assess Salona Cotspin'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. Salona Cotspin 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.

SALONACOT News

Simply Wall St News

Why We Like Salona Cotspin Limited’s (NSE:SALONACOT) 15% Return On Capital Employed

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Could Salona Cotspin Limited's (NSE:SALONACOT) Investor Composition Influence The Stock Price?

If you want to know who really controls Salona Cotspin Limited (NSE:SALONACOT), then you'll have to look at the makeup of its share registry. … Salona Cotspin is a smaller company with a market capitalization of ₹333m, so it may still be flying under the radar of many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that.

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If You Had Bought Salona Cotspin Stock Five Years Ago, You Could Pocket A 278% Gain Today

One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … Salona Cotspin's earnings per share are down 3.7% per year, despite strong share price performance over five years. … So it's hard to argue that the earnings per share are the best metric to judge the company, as it may not be optimized for profits at this point.

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Despite Its High P/E Ratio, Is Salona Cotspin Limited (NSE:SALONACOT) Still Undervalued?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … We'll look at Salona Cotspin Limited's (NSE:SALONACOT) P/E ratio and reflect on what it tells us about the company's share price. … Salona Cotspin has a price to earnings ratio of 13.93, based on the last twelve months.

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With A Return On Equity Of 6.7%, Has Salona Cotspin Limited's (NSE:SALONACOT) Management Done Well?

To keep the lesson grounded in practicality, we'll use ROE to better understand Salona Cotspin Limited (NSE:SALONACOT). … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.067 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Why Salona Cotspin Limited's (NSE:SALONACOT) Ownership Structure Is Important

Today, I will be analyzing Salona Cotspin Limited’s (NSE:SALONACOT) recent ownership structure, an important but not-so-popular subject among individual investors. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.

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Should You Be Happy With Salona Cotspin Limited's (NSE:SALONACOT) Performance Lately?

After reading Salona Cotspin Limited's (NSE:SALONACOT) latest earnings update (31 March 2018), I found it beneficial to look back at how the company has performed in the past and compare this against the most recent numbers. … See our latest analysis for Salona Cotspin. … SALONACOT's trailing twelve-month earnings (from 31 March 2018) of ₹21.30m has

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Will Salona Cotspin Limited (NSE:SALONACOT) Continue To Underperform Its Industry?

Check out our latest analysis for Salona Cotspin What you must know about ROE Return on Equity (ROE) weighs Salona Cotspin’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Salona Cotspin’s equity capital deployed. … Since Salona Cotspin’s return does not cover its cost, with a difference of -7.06%, this means its current use of equity is not efficient and not sustainable.

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Salona Cotspin Limited (NSE:SALONACOT): Should The Recent Earnings Drop Worry You?

Examining how Salona Cotspin Limited (NSEI:SALONACOT) is performing as a company requires looking at more than just a years' earnings. … Check out our latest analysis for Salona Cotspin Was SALONACOT's recent earnings decline worse than the long-term trend and the industry? … For Salona Cotspin, its latest earnings (trailing twelve month) is IN₨22.46M, which, relative to the prior year's figure, has declined by -9.20%.

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Can Salona Cotspin Limited's (NSE:SALONACOT) ROE Continue To Surpass The Industry Average?

View our latest analysis for Salona Cotspin Breaking down Return on Equity Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NSEI:SALONACOT Last Perf Dec 28th 17 Essentially, profit margin shows how much money the company makes after paying for all its expenses. … This means Salona Cotspin has not taken on excessive leverage, and its above-average ROE is driven by its ability to grow its profit without a significant debt burden.

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SALONACOT Company Info

Description

Salona Cotspin Limited produces and sells cotton textile products in India. The company offers cotton, blended, ring spin, and compact yarn products, as well as knitted fabrics. The company also exports its yarns and fabrics to Sri Lanka, Bangladesh, Hong Kong, South Korea, Germany, Mexico, South America, Russia, etc. Salona Cotspin Limited was founded in 1994 and is based in Coimbatore, India.

Details
Name: Salona Cotspin Limited
SALONACOT
Exchange: NSEI
Founded: 1994
₹470,896,800
5,351,100
Website: http://www.salonagroup.com
Address: Salona Cotspin Limited
No. 9, Ramalinga Nagar,
IV Cross Saibaba Colony,
Coimbatore,
Tamil Nadu, 641011,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 590056 Equity Shares Mumbai Stock Exchange IN INR 05. Jul 2006
NSEI SALONACOT Equity Shares National Stock Exchange of India IN INR 05. Jul 2006
Number of employees
Current staff
Staff numbers
231
Salona Cotspin employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 12:53
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2019/02/13
Last earnings reported: 2018/12/31
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.