SHIVATEX Stock Overview
Shiva Texyarn Limited manufactures and markets cotton yarn, and technical and other value-added textile products in India and internationally.
Shiva Texyarn Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹163.90|
|52 Week High||₹321.75|
|52 Week Low||₹140.00|
|1 Month Change||-14.21%|
|3 Month Change||-22.01%|
|1 Year Change||-7.48%|
|3 Year Change||21.09%|
|5 Year Change||n/a|
|Change since IPO||-65.82%|
Recent News & Updates
Shiva Texyarn (NSE:SHIVATEX) Has A Pretty Healthy Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|SHIVATEX||IN Luxury||IN Market|
Return vs Industry: SHIVATEX underperformed the Indian Luxury industry which returned 12.5% over the past year.
Return vs Market: SHIVATEX underperformed the Indian Market which returned -1.7% over the past year.
|SHIVATEX Average Weekly Movement||7.8%|
|Luxury Industry Average Movement||7.7%|
|Market Average Movement||6.9%|
|10% most volatile stocks in IN Market||9.8%|
|10% least volatile stocks in IN Market||4.5%|
Stable Share Price: SHIVATEX is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SHIVATEX's weekly volatility (8%) has been stable over the past year.
About the Company
Shiva Texyarn Limited manufactures and markets cotton yarn, and technical and other value-added textile products in India and internationally. The company offers combed, carded, and compact yarns; slub and fancy yarns; quick dry products; quick fit products, including mattresses protectors; and baby products under the Q-Club brand. It also provides door, window, and shower curtains, as well as cushion covers; knitwear, light weight shells, seam sealed, multi layered, fleece and pile fabrics, and breathable film laminated garments; and extreme cold weather clothing, super high altitude mountaineering clothing, extreme cold weather combat glove systems, and internal and external frame rucksacks.
Shiva Texyarn Fundamentals Summary
|SHIVATEX fundamental statistics|
Is SHIVATEX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SHIVATEX income statement (TTM)|
|Cost of Revenue||₹2.97b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||15.44|
|Net Profit Margin||4.19%|
How did SHIVATEX perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is SHIVATEX undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SHIVATEX?
Other financial metrics that can be useful for relative valuation.
|What is SHIVATEX's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SHIVATEX's PE Ratio compare to its peers?
|SHIVATEX PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: SHIVATEX is expensive based on its Price-To-Earnings Ratio (10.7x) compared to the peer average (10x).
Price to Earnings Ratio vs Industry
How does SHIVATEX's PE Ratio compare vs other companies in the Indian Luxury Industry?
Price-To-Earnings vs Industry: SHIVATEX is good value based on its Price-To-Earnings Ratio (10.7x) compared to the Indian Luxury industry average (12x)
Price to Earnings Ratio vs Fair Ratio
What is SHIVATEX'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.
|Current PE Ratio||10.7x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SHIVATEX's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of SHIVATEX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SHIVATEX (₹163.9) is trading above our estimate of fair value (₹14.03)
Significantly Below Fair Value: SHIVATEX is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SHIVATEX's PEG Ratio to determine if it is good value.
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How is Shiva Texyarn forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Texyarn 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.
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How has Shiva Texyarn performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHIVATEX has high quality earnings.
Growing Profit Margin: SHIVATEX's current net profit margins (4.2%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: SHIVATEX's earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: SHIVATEX's earnings growth over the past year (63%) exceeds its 5-year average (13.4% per year).
Earnings vs Industry: SHIVATEX earnings growth over the past year (63%) underperformed the Luxury industry 83.8%.
Return on Equity
High ROE: SHIVATEX's Return on Equity (14%) is considered low.
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How is Shiva Texyarn's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SHIVATEX's short term assets (₹1.5B) exceed its short term liabilities (₹1.3B).
Long Term Liabilities: SHIVATEX's short term assets (₹1.5B) exceed its long term liabilities (₹716.9M).
Debt to Equity History and Analysis
Debt Level: SHIVATEX's net debt to equity ratio (92.1%) is considered high.
Reducing Debt: SHIVATEX's debt to equity ratio has reduced from 166.7% to 99% over the past 5 years.
Debt Coverage: SHIVATEX's debt is not well covered by operating cash flow (14%).
Interest Coverage: SHIVATEX's interest payments on its debt are well covered by EBIT (3.1x coverage).
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What is Shiva Texyarn current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHIVATEX's dividend (0.85%) is higher than the bottom 25% of dividend payers in the Indian market (0.44%).
High Dividend: SHIVATEX's dividend (0.85%) is low compared to the top 25% of dividend payers in the Indian market (1.9%).
Stability and Growth of Payments
Stable Dividend: SHIVATEX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SHIVATEX 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 (9.1%), SHIVATEX's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SHIVATEX is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sangampalyam Sundararaman (48 yo)
Dr. Sangampalyam Kandasami Sundararaman, MBA, has been Managing Director of Shiva Texyarn Ltd since August 31, 2017. Dr. Sundararaman serves as the Head of Weaving Division & New Initiatives for Bannari Am...
CEO Compensation Analysis
Compensation vs Market: Sangampalyam's total compensation ($USD72.91K) is above average for companies of similar size in the Indian market ($USD38.35K).
Compensation vs Earnings: Sangampalyam's compensation has increased by more than 20% in the past year.
Experienced Management: SHIVATEX's management team is considered experienced (4.8 years average tenure).
Experienced Board: SHIVATEX's board of directors are considered experienced (7.3 years average tenure).
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.
Shiva Texyarn Limited's employee growth, exchange listings and data sources
- Name: Shiva Texyarn Limited
- Ticker: SHIVATEX
- Exchange: NSEI
- Founded: 1980
- Industry: Textiles
- Sector: Consumer Durables
- Implied Market Cap: ₹2.136b
- Shares outstanding: 12.96m
- Website: https://www.shivatex.in
Number of Employees
- Shiva Texyarn Limited
- Sri Vari Kikani Center
- 3A, 3rd Floor
- Tamil Nadu
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 00:00|
|End of Day Share Price||2022/06/24 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.