company background image
SHIV

Shiva Mills NSEI:SHIVAMILLS Stock Report

Last Price

₹113.30

Market Cap

₹979.1m

7D

-5.0%

1Y

33.8%

Updated

29 Sep, 2022

Data

Company Financials
SHIVAMILLS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends2/6

SHIVAMILLS Stock Overview

Shiva Mills Limited manufactures and markets cotton yarns in India.

Shiva Mills Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shiva Mills
Historical stock prices
Current Share Price₹113.30
52 Week High₹204.80
52 Week Low₹75.00
Beta0.84
1 Month Change5.49%
3 Month Change21.50%
1 Year Change33.77%
3 Year Change255.73%
5 Year Changen/a
Change since IPO18.83%

Recent News & Updates

Jul 26
The Trend Of High Returns At Shiva Mills (NSE:SHIVAMILLS) Has Us Very Interested

The Trend Of High Returns At Shiva Mills (NSE:SHIVAMILLS) Has Us Very Interested

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...

Shareholder Returns

SHIVAMILLSIN LuxuryIN Market
7D-5.0%-3.9%-4.4%
1Y33.8%14.2%-1.9%

Return vs Industry: SHIVAMILLS exceeded the Indian Luxury industry which returned 14.2% over the past year.

Return vs Market: SHIVAMILLS exceeded the Indian Market which returned -1.9% over the past year.

Price Volatility

Is SHIVAMILLS's price volatile compared to industry and market?
SHIVAMILLS volatility
SHIVAMILLS Average Weekly Movement8.3%
Luxury Industry Average Movement6.1%
Market Average Movement5.9%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market3.8%

Stable Share Price: SHIVAMILLS is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: SHIVAMILLS's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
2015736S. Alagappanhttps://www.shivamills.com

Shiva Mills Limited manufactures and markets cotton yarns in India. It also exports its products. The company was formerly known as STYL Textile Ventures Limited and changed its name to Shiva Mills Limited in August 2017.

Shiva Mills Fundamentals Summary

How do Shiva Mills's earnings and revenue compare to its market cap?
SHIVAMILLS fundamental statistics
Market Cap₹979.12m
Earnings (TTM)₹173.21m
Revenue (TTM)₹2.22b

5.7x

P/E Ratio

0.4x

P/S Ratio

Is SHIVAMILLS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
SHIVAMILLS income statement (TTM)
Revenue₹2.22b
Cost of Revenue₹1.57b
Gross Profit₹646.11m
Other Expenses₹472.90m
Earnings₹173.21m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)20.04
Gross Margin29.16%
Net Profit Margin7.82%
Debt/Equity Ratio7.4%

How did SHIVAMILLS perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

6%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is SHIVAMILLS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SHIVAMILLS?

Other financial metrics that can be useful for relative valuation.

SHIVAMILLS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA3.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does SHIVAMILLS's PE Ratio compare to its peers?

SHIVAMILLS PE Ratio vs Peers
The above table shows the PE ratio for SHIVAMILLS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average34.4x
540396 Manomay Tex India
13.7xn/a₹1.1b
526851 Arex Industries
29.1xn/a₹989.5m
542721 Anand Rayons
27.2xn/a₹853.4m
542020 AKI India
67.6xn/a₹1.1b
SHIVAMILLS Shiva Mills
5.7xn/a₹979.1m

Price-To-Earnings vs Peers: SHIVAMILLS is good value based on its Price-To-Earnings Ratio (5.7x) compared to the peer average (34.4x).


Price to Earnings Ratio vs Industry

How does SHIVAMILLS's PE Ratio compare vs other companies in the IN Luxury Industry?

Price-To-Earnings vs Industry: SHIVAMILLS is good value based on its Price-To-Earnings Ratio (5.7x) compared to the Indian Luxury industry average (13.5x)


Price to Earnings Ratio vs Fair Ratio

What is SHIVAMILLS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SHIVAMILLS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SHIVAMILLS's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SHIVAMILLS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SHIVAMILLS (₹113.3) is trading above our estimate of fair value (₹9.9)

Significantly Below Fair Value: SHIVAMILLS is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is Shiva Mills forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.3%

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 Shiva Mills 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.


Discover growth companies

  • Examine Shiva Mills's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Shiva Mills competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Shiva Mills performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


44.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SHIVAMILLS has high quality earnings.

Growing Profit Margin: SHIVAMILLS's current net profit margins (7.8%) are lower than last year (8.9%).


Past Earnings Growth Analysis

Earnings Trend: SHIVAMILLS's earnings have grown significantly by 44.3% per year over the past 5 years.

Accelerating Growth: SHIVAMILLS's earnings growth over the past year (16.8%) is below its 5-year average (44.3% per year).

Earnings vs Industry: SHIVAMILLS earnings growth over the past year (16.8%) underperformed the Luxury industry 50.1%.


Return on Equity

High ROE: SHIVAMILLS's Return on Equity (16.1%) is considered low.


Discover strong past performing companies

Financial Health

How is Shiva Mills's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SHIVAMILLS's short term assets (₹650.8M) exceed its short term liabilities (₹212.5M).

Long Term Liabilities: SHIVAMILLS's short term assets (₹650.8M) exceed its long term liabilities (₹31.2M).


Debt to Equity History and Analysis

Debt Level: SHIVAMILLS's net debt to equity ratio (5.7%) is considered satisfactory.

Reducing Debt: SHIVAMILLS's debt to equity ratio has reduced from 85.6% to 7.4% over the past 5 years.

Debt Coverage: SHIVAMILLS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: SHIVAMILLS's interest payments on its debt are well covered by EBIT (35.9x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Shiva Mills's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.06%

Current Dividend Yield

Dividend Yield vs Market

Shiva Mills Dividend Yield vs Market
How does Shiva Mills dividend yield compare to the market?
SegmentDividend Yield
Company (Shiva Mills)1.1%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Luxury)0.7%
Analyst forecast in 3 Years (Shiva Mills)n/a

Notable Dividend: SHIVAMILLS's dividend (1.06%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).

High Dividend: SHIVAMILLS's dividend (1.06%) is low compared to the top 25% of dividend payers in the Indian market (1.64%).


Stability and Growth of Payments

Stable Dividend: SHIVAMILLS has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SHIVAMILLS has only been paying a dividend for 4 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (6%), SHIVAMILLS's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: SHIVAMILLS is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure


CEO

S. Alagappan (81 yo)

6.83yrs

Tenure

₹13,000,000

Compensation

Mr. S. V. Alagappan, B.Com., BL serves as Chairman of Shiva Texyarn Ltd. He served as Managing Director of Shiva Texyarn Ltd. from June 26, 2010 to August 31, 2017.Mr. Alagappan was a Promoter of Bannari...


CEO Compensation Analysis

S. Alagappan's Compensation vs Shiva Mills Earnings
How has S. Alagappan's remuneration changed compared to Shiva Mills's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

₹173m

Mar 31 2022₹13mn/a

₹177m

Dec 31 2021n/an/a

₹177m

Sep 30 2021n/an/a

₹192m

Jun 30 2021n/an/a

₹148m

Mar 31 2021₹7mn/a

₹86m

Dec 31 2020n/an/a

₹36m

Sep 30 2020n/an/a

-₹17m

Jun 30 2020n/an/a

-₹17m

Mar 31 2020₹7mn/a

₹11m

Dec 31 2019n/an/a

₹14m

Sep 30 2019n/an/a

₹25m

Jun 30 2019n/an/a

₹44m

Mar 31 2019n/an/a

₹66m

Dec 31 2018n/an/a

₹69m

Sep 30 2018n/an/a

₹68m

Jun 30 2018n/an/a

₹43m

Mar 31 2018n/an/a

₹39m

Dec 31 2017n/an/a

₹1m

Mar 31 2017₹13m₹4m

₹45m

Compensation vs Market: S.'s total compensation ($USD159.04K) is above average for companies of similar size in the Indian market ($USD40.41K).

Compensation vs Earnings: S.'s compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: SHIVAMILLS's management team is considered experienced (4.4 years average tenure).


Board Members

Experienced Board: SHIVAMILLS's board of directors are considered experienced (6.8 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

What is the ownership structure of SHIVAMILLS?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders737,3708.5%
General Public1,667,46219.3%
Private Companies6,236,97672.2%

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


Top Shareholders

Top 9 shareholders own 80.7% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
72.17%
Annamallai Retreading Company Private Limited
6,236,976₹706.6m0%no data
2.63%
Ashok Jain
227,671₹25.8m0%no data
2.47%
A. Lalitha
213,680₹24.2m0%no data
1.53%
Alka Jain
132,371₹15.0m0%no data
1.5%
P. Reddy
130,000₹14.7m0%no data
0.25%
S. Alagappan
21,780₹2.5m0%no data
0.051%
C. Sivasamy
4,383₹496.6k0%no data
0.046%
S. Marusamy
4,005₹453.8k0%no data
0.04%
A. Shenbagam
3,480₹394.3k0%no data

Company Information

Shiva Mills Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Shiva Mills Limited
  • Ticker: SHIVAMILLS
  • Exchange: NSEI
  • Founded: 2015
  • Industry: Textiles
  • Sector: Consumer Durables
  • Implied Market Cap: ₹979.117m
  • Shares outstanding: 8.64m
  • Website: https://www.shivamills.com

Number of Employees


Location

  • Shiva Mills Limited
  • 252, Mettupalayam Road
  • Coimbatore
  • Tamil Nadu
  • 641043
  • India


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
540961BSE (Mumbai Stock Exchange)YesShare CapitalININRFeb 2018
SHIVAMILLSNSEI (National Stock Exchange of India)YesShare CapitalININRFeb 2018

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/29 00:00
End of Day Share Price2022/09/29 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.