NSEI:SPENTEX

Stock Analysis Report

Executive Summary

CLC Industries Limited, a textile company, manufactures and trades in synthetic and cotton yarns in India and internationally.


Snowflake Analysis

Slightly overvalued with weak fundamentals.

Share Price & News

How has CLC Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SPENTEX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

SPENTEX

-2.4%

IN Luxury

-3.0%

IN Market


1 Year Return

-88.6%

SPENTEX

-26.9%

IN Luxury

-29.2%

IN Market

Return vs Industry: SPENTEX underperformed the Indian Luxury industry which returned -26.9% over the past year.

Return vs Market: SPENTEX underperformed the Indian Market which returned -29.2% over the past year.


Shareholder returns

SPENTEXIndustryMarket
7 Day0%-2.4%-3.0%
30 Day-33.3%-28.4%-26.9%
90 Day-42.9%-25.6%-28.5%
1 Year-88.6%-88.6%-26.2%-26.9%-27.7%-29.2%
3 Year-94.3%-94.3%0.8%-1.6%-15.2%-19.9%
5 Year-95.2%-95.2%43.7%38.6%-3.1%-8.1%

Price Volatility Vs. Market

How volatile is CLC Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CLC Industries undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SPENTEX (₹0.2) is trading below our estimate of fair value (₹3.62)

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


Price To Earnings Ratio

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

PE vs Market: SPENTEX 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 SPENTEX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SPENTEX has negative assets, so we can't compare its PB Ratio to the IN Luxury industry average.


Next Steps

Future Growth

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

19.9%

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 CLC Industries 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.


Next Steps

Past Performance

How has CLC Industries performed over the past 5 years?

18.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SPENTEX is currently unprofitable.

Growing Profit Margin: SPENTEX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SPENTEX is unprofitable, but has reduced losses over the past 5 years at a rate of 18.9% per year.

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

Earnings vs Industry: SPENTEX is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).


Return on Equity

High ROE: SPENTEX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is CLC Industries's financial position?


Financial Position Analysis

Short Term Liabilities: SPENTEX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SPENTEX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: SPENTEX has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: SPENTEX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: SPENTEX has a high level of physical assets or inventory.

Debt Coverage by Assets: SPENTEX has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if SPENTEX has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if SPENTEX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is CLC Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SPENTEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate SPENTEX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SPENTEX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SPENTEX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SPENTEX's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

2.2yrs

Average management tenure


CEO

Mukund Choudhary (48yo)

no data

Tenure

₹460,000

Compensation

Mr. Mukund Choudhary serves as the Managing Director of Spentex Industries Limited. Mr. Choudhary has been Director at CLC Industries Ltd since March 5, 2004 and its Chief Executive Officer since November  ...


CEO Compensation Analysis

Compensation vs Market: Mukund's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD48.50K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Mukund Choudhary
MD, CEO & Executive Directorno data₹460.00k7.85% 2.1m
Chandra Kataria
Presidentno data₹2.70mno data
Kapil Choudhary
COO, Deputy MD & Executive Director15.83yrs₹460.00k7.56% 2.0m
Awanish Bharadwaj
Unit Head of Solapur2.17yrsno datano data
B. Dhillon
Unit Head of Baramati2.17yrsno datano data
B. Murthy
Senior Manager of Secretarialno datano datano data
Manish Gupta
Assistant Vice President of Operationsno datano datano data
Suraj Setia
Consultant and Technical Advisorno data₹11.50kno data

2.2yrs

Average Tenure

52yo

Average Age

Experienced Management: SPENTEX's management team is considered experienced (2.2 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

CLC Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CLC Industries Limited
  • Ticker: SPENTEX
  • Exchange: NSEI
  • Founded: 1991
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹26.932m
  • Shares outstanding: 89.77m
  • Website: https://www.clcindia.com

Location

  • CLC Industries Limited
  • A-60, Okhla Industrial Area
  • Phase-II
  • New Delhi
  • Delhi
  • 110020
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
521082BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2002
SPENTEXNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 2002

Biography

CLC Industries Limited, a textile company, manufactures and trades in synthetic and cotton yarns in India and internationally. It offers hosiery, weaving, carpet, and industrial yarns; sewing threads; and flat knitting products for use in home textiles and garments industry applications. The company was formerly known as Spentex Industries Limited and changed its name to CLC Industries Limited in July 2018. CLC Industries Limited was incorporated in 1991 and is based in New Delhi, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 13:23
End of Day Share Price2020/03/27 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.