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SHIV

Shiva Texyarn NSEI:SHIVATEX Stock Report

Last Price

₹163.90

Market Cap

₹2.1b

7D

6.9%

1Y

-7.5%

Updated

24 Jun, 2022

Data

Company Financials
SHIVATEX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends2/6

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

Summary of all time highs, changes and price drops for Shiva Texyarn
Historical stock prices
Current Share Price₹163.90
52 Week High₹321.75
52 Week Low₹140.00
Beta0.43
1 Month Change-14.21%
3 Month Change-22.01%
1 Year Change-7.48%
3 Year Change21.09%
5 Year Changen/a
Change since IPO-65.82%

Recent News & Updates

Jun 17
Shiva Texyarn (NSE:SHIVATEX) Has A Pretty Healthy Balance Sheet

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...

Shareholder Returns

SHIVATEXIN LuxuryIN Market
7D6.9%-1.1%0.1%
1Y-7.5%12.5%-1.7%

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.

Price Volatility

Is SHIVATEX's price volatile compared to industry and market?
SHIVATEX volatility
SHIVATEX Average Weekly Movement7.8%
Luxury Industry Average Movement7.7%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.8%
10% least volatile stocks in IN Market4.5%

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

FoundedEmployeesCEOWebsite
19801,394Sangampalyam Sundararamanhttps://www.shivatex.in

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

How do Shiva Texyarn's earnings and revenue compare to its market cap?
SHIVATEX fundamental statistics
Market Cap₹2.14b
Earnings (TTM)₹200.12m
Revenue (TTM)₹4.77b

10.7x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SHIVATEX income statement (TTM)
Revenue₹4.77b
Cost of Revenue₹2.97b
Gross Profit₹1.80b
Other Expenses₹1.60b
Earnings₹200.12m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)15.44
Gross Margin37.74%
Net Profit Margin4.19%
Debt/Equity Ratio99.0%

How did SHIVATEX perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

9%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

1/6

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

  • PEG Ratio

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.

SHIVATEX 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/Revenue0.7x
Enterprise Value/EBITDA6.3x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

SHIVATEX PE Ratio vs Peers
The above table shows the PE ratio for SHIVATEX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10x

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.

SHIVATEX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.7x
Fair PE Ration/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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Future Growth

How is Shiva Texyarn 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


27.0%

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.


Discover growth companies

Past Performance

How has Shiva Texyarn performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.4%

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.


Discover strong past performing companies

Financial Health

How is Shiva Texyarn's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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).


Balance Sheet


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Dividend

What is Shiva Texyarn 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

  • Future Dividend Coverage


0.85%

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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Management

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

4.8yrs

Average management tenure


CEO

Sangampalyam Sundararaman (48 yo)

4.83yrs

Tenure

₹5,699,309

Compensation

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.


Leadership Team

Experienced Management: SHIVATEX's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: SHIVATEX's board of directors are considered experienced (7.3 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

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


Key Information

  • 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


Location

  • Shiva Texyarn Limited
  • Sri Vari Kikani Center
  • 3A, 3rd Floor
  • Coimbatore
  • Tamil Nadu
  • 641002
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
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.