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Market Cap

₹9.8b

Last Updated

2021/05/11 12:19 UTC

Data Sources

Company Financials +

Executive Summary

Siyaram Silk Mills Limited manufactures and sells fabrics, readymade garments, and dyed yarns in India. More Details


Snowflake Analysis

High growth potential with adequate balance sheet and pays a dividend.


Similar Companies

Share Price & News

How has Siyaram Silk Mills's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SIYSIL is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SIYSIL's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

3.7%

SIYSIL

3.4%

IN Luxury

2.4%

IN Market


1 Year Return

95.5%

SIYSIL

75.9%

IN Luxury

67.7%

IN Market

Return vs Industry: SIYSIL exceeded the Indian Luxury industry which returned 75.9% over the past year.

Return vs Market: SIYSIL exceeded the Indian Market which returned 67.7% over the past year.


Shareholder returns

SIYSILIndustryMarket
7 Day3.7%3.4%2.4%
30 Day3.0%-1.5%1.5%
90 Day7.9%3.8%4.8%
1 Year95.5%95.5%76.7%75.9%70.3%67.7%
3 Year-66.0%-67.9%28.4%25.8%30.2%23.8%
5 Year3.5%-3.2%102.0%92.4%92.4%77.7%

Long-Term Price Volatility Vs. Market

How volatile is Siyaram Silk Mills's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Siyaram Silk Mills undervalued compared to its fair value and its price relative to the market?

34.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SIYSIL (₹212.65) is trading below our estimate of fair value (₹325.1)

Significantly Below Fair Value: SIYSIL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SIYSIL is unprofitable, so we can't compare its PE Ratio to the Indian Luxury industry average.

PE vs Market: SIYSIL is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SIYSIL is overvalued based on its PB Ratio (1.4x) compared to the IN Luxury industry average (0.8x).


Future Growth

How is Siyaram Silk Mills forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

111.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SIYSIL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (6.8%).

Earnings vs Market: SIYSIL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SIYSIL's is expected to become profitable in the next 3 years.

Revenue vs Market: SIYSIL's revenue (28.2% per year) is forecast to grow faster than the Indian market (10.4% per year).

High Growth Revenue: SIYSIL's revenue (28.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SIYSIL's Return on Equity is forecast to be low in 3 years time (12.7%).


Past Performance

How has Siyaram Silk Mills performed over the past 5 years?

-18.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIYSIL is currently unprofitable.

Growing Profit Margin: SIYSIL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SIYSIL is unprofitable, and losses have increased over the past 5 years at a rate of 18.8% per year.

Accelerating Growth: Unable to compare SIYSIL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SIYSIL is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-19.1%).


Return on Equity

High ROE: SIYSIL has a negative Return on Equity (-4.63%), as it is currently unprofitable.


Financial Health

How is Siyaram Silk Mills's financial position?


Financial Position Analysis

Short Term Liabilities: SIYSIL's short term assets (₹6.6B) exceed its short term liabilities (₹3.8B).

Long Term Liabilities: SIYSIL's short term assets (₹6.6B) exceed its long term liabilities (₹1.7B).


Debt to Equity History and Analysis

Debt Level: SIYSIL's debt to equity ratio (51.6%) is considered high.

Reducing Debt: SIYSIL's debt to equity ratio has reduced from 68.3% to 51.6% over the past 5 years.

Debt Coverage: SIYSIL's debt is well covered by operating cash flow (61.2%).

Interest Coverage: Insufficient data to determine if SIYSIL's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

2.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SIYSIL's dividend (2.3%) is higher than the bottom 25% of dividend payers in the Indian market (0.4%).

High Dividend: SIYSIL's dividend (2.3%) is in the top 25% of dividend payers in the Indian market (1.7%)


Stability and Growth of Payments

Stable Dividend: SIYSIL's dividend payments have been volatile in the past 10 years.

Growing Dividend: SIYSIL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: Unable to calculate sustainability of dividends as SIYSIL has not reported any payouts.


Future Payout to Shareholders

Future Dividend Coverage: SIYSIL's dividends in 3 years are forecast to be well covered by earnings (16.2% payout ratio).


Next Steps

Management

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

5.5yrs

Average board tenure


CEO

Rameshkumar Poddar (68 yo)

no data

Tenure

₹23,560,000

Compensation

Mr. Rameshkumar Dharaprasad Poddar has been the Executive Chairman of Siyaram Silk Mills Ltd. since May 2012 and serves as its Managing Director. Mr. Poddar is an Industrialist with vast experience in Text...


CEO Compensation Analysis

Compensation vs Market: Rameshkumar's total compensation ($USD320.97K) is above average for companies of similar size in the Indian market ($USD40.95K).

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


Board Members

Experienced Board: SIYSIL's board of directors are considered experienced (5.5 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Siyaram Silk Mills Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Siyaram Silk Mills Limited
  • Ticker: SIYSIL
  • Exchange: NSEI
  • Founded: 1978
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹9.784b
  • Shares outstanding: 46.87m
  • Website: https://www.siyaram.com

Number of Employees


Location

  • Siyaram Silk Mills Limited
  • B-5, Trade World
  • 5th Floor
  • Mumbai
  • Maharashtra
  • 400013
  • India

Listings


Biography

Siyaram Silk Mills Limited manufactures and sells fabrics, readymade garments, and dyed yarns in India. The company offers fabrics, including polyester viscose, polyester viscose linen and lycra, polyester...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/11 12:19
End of Day Share Price2021/05/11 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.