CLC Industries Limited, a textile company, manufactures and trades in synthetic and cotton yarns in India and internationally.
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.
7 Day Return
1 Year Return
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.
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
1 week ago | Simply Wall StHow Much Of CLC Industries Limited (NSE:SPENTEX) Do Insiders Own?
3 months ago | Simply Wall StWhat Kind Of Shareholder Owns Most CLC Industries Limited (NSE:SPENTEX) Stock?
5 months ago | Simply Wall StIs CLC Industries Limited (NSE:SPENTEX) A Volatile Stock?
Is CLC Industries undervalued compared to its fair value and its price relative to the market?
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.
How is CLC Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Take a look at our analysis of SPENTEX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- CLC Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has CLC Industries performed over the past 5 years?
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.
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mukund Choudhary (48yo)
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.
|MD, CEO & Executive Director||no data||₹460.00k||7.85% ₹2.1m|
|President||no data||₹2.70m||no data|
|COO, Deputy MD & Executive Director||15.83yrs||₹460.00k||7.56% ₹2.0m|
|Unit Head of Solapur||2.17yrs||no data||no data|
|Unit Head of Baramati||2.17yrs||no data||no data|
|Senior Manager of Secretarial||no data||no data||no data|
|Assistant Vice President of Operations||no data||no data||no data|
|Consultant and Technical Advisor||no data||₹11.50k||no data|
Experienced Management: SPENTEX's management team is considered experienced (2.2 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.
CLC Industries Limited's company bio, employee growth, exchange listings and data sources
- 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
- CLC Industries Limited
- A-60, Okhla Industrial Area
- New Delhi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|521082||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Feb 2002|
|SPENTEX||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Feb 2002|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 13:23|
|End of Day Share Price||2020/03/27 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.