NSEI:STINDIA

Stock Analysis Report

Executive Summary

STI India Limited manufactures and sells spun yarns and knitted grey fabrics in India.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has STI India's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: STINDIA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-7.2%

STINDIA

-4.4%

IN Luxury

-3.5%

IN Market


1 Year Return

-54.7%

STINDIA

12.8%

IN Luxury

5.2%

IN Market

Return vs Industry: STINDIA underperformed the Indian Luxury industry which returned 12.8% over the past year.

Return vs Market: STINDIA underperformed the Indian Market which returned 5.2% over the past year.


Shareholder returns

STINDIAIndustryMarket
7 Day-7.2%-4.4%-3.5%
30 Day-8.3%-1.4%-3.9%
90 Day-27.4%6.0%-2.1%
1 Year-54.7%-54.7%13.5%12.8%7.2%5.2%
3 Year-79.7%-79.7%45.8%44.0%18.9%12.4%
5 Year-62.4%-62.4%97.3%93.7%29.4%17.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is STI India undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether STI India is trading at an attractive price based on the cash flow it is expected to produce in the future. But as STI India has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of STINDIA’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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through STI India regulatory filings.
  • Explore potentially undervalued companies in the Consumer Durables industry.

Future Growth

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

19.7%

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 STI India 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 STI India performed over the past 5 years?

-37.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: STINDIA is currently unprofitable.

Growing Profit Margin: STINDIA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: STINDIA is unprofitable, and losses have increased over the past 5 years at a rate of -37.1% per year.

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

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


Return on Equity

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


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is STI India's financial position?


Financial Position Analysis

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

Long Term Liabilities: STINDIA 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: STINDIA has negative shareholder equity, which is a more serious situation than a high debt level.

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


Balance Sheet

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

Debt Coverage by Assets: STINDIA 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 STINDIA has enough cash runway based on its current free cash flow.

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


Next Steps

Dividend

What is STI India's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.7%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate STINDIA'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 STINDIA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if STINDIA'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 STINDIA'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?

4.8yrs

Average board tenure


CEO

Prashant Agrawal (45yo)

0

Mr. Prashant Janardan Agrawal, B.Tech Chemical, M.S.-Chemical Engineering & Petr, has been Managing Director and Executive Director at STI India Limited since November 25, 2010 and serves as its Chief Exec ...


Board Members

NamePositionTenureCompensationOwnership
Prashant Agrawal
CEO, MD & Executive Director0yrsno datano data
Anand Mundra
Non-Executive Director9.3yrs₹22.00kno data
John Mathew
Independent Director4.8yrs₹16.50kno data
Prachi Deshpande
Non Executive Director4.8yrs₹22.00kno data
Suresh Vishwasrao
Independent Director3.3yrs₹22.00kno data
Aman Agrawal
Chairman0yrs₹16.50kno data

4.8yrs

Average Tenure

52yo

Average Age

Experienced Board: STINDIA's board of directors are considered experienced (4.8 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

STI India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: STI India Limited
  • Ticker: STINDIA
  • Exchange: NSEI
  • Founded: 1984
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹106.430m
  • Shares outstanding: 29.00m
  • Website: https://www.stitextile.net

Number of Employees


Location

  • STI India Limited
  • Rau-Pithampur Link Road
  • Tehsil - Mhow, District
  • Indore
  • Madhya Pradesh
  • 453332
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
513151BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 1996
STINDIANSEI (National Stock Exchange of India)YesEquity SharesININRJan 1996

Biography

STI India Limited manufactures and sells spun yarns and knitted grey fabrics in India. Its products include organic cotton and blended, BCI cotton, fairtrade cotton, viscose and blended, linen blended, EliTwist, TFO, neppy, slub, core spun, special fiber, high twist, and fancy yarns; and single jersey, rib, pique, 3-thread fleece, and fancy knitted fabrics. The company was incorporated in 1984 and is based in Indore, India. STI India Limited is a subsidiary of Bombay Rayon Fashions Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 12:51
End of Day Share Price2020/02/27 00:00
Earnings2019/12/31
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.