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STI India

NSEI:STINDIA
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
STINDIA
NSEI
₹317M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

STI India Limited manufactures and sells spun yarns and knitted grey fabrics in India. The last earnings update was 77 days ago. More info.


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  • STI India has significant price volatility in the past 3 months.
STINDIA Share Price and Events
7 Day Returns
0%
NSEI:STINDIA
0.8%
IN Luxury
1.1%
IN Market
1 Year Returns
-39.7%
NSEI:STINDIA
-3.5%
IN Luxury
-0.9%
IN Market
STINDIA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
STI India (STINDIA) 0% 9.1% -17.1% -39.7% -39.3% -17.9%
IN Luxury 0.8% 1.3% 8.5% -3.5% 47.6% 164.4%
IN Market 1.1% 1.8% 5.7% -0.9% 41% 72.2%
1 Year Return vs Industry and Market
  • STINDIA underperformed the Luxury industry which returned -3.5% over the past year.
  • STINDIA underperformed the Market in India which returned -0.9% over the past year.
Price Volatility
STINDIA
Industry
5yr Volatility vs Market
Related Companies

Value

 Is STI India undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

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. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for STI India. This is due to cash flow or dividend data being unavailable. The share price is ₹8.95.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for STI India's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are STI India's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:STINDIA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-2.74
BSE:513151 Share Price ** BSE (2019-04-10) in INR ₹10.93
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.25x
India Market PE Ratio Median Figure of 2,736 Publicly-Listed Companies 16.34x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of STI India.

NSEI:STINDIA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:513151 Share Price ÷ EPS (both in INR)

= 10.93 ÷ -2.74

-3.98x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • STI India is loss making, we can't compare its value to the IN Luxury industry average.
  • STI India is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does STI India's expected growth come at a high price?
Raw Data
NSEI:STINDIA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.98x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.55x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for STI India, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on STI India's assets?
Raw Data
NSEI:STINDIA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹-4.62
BSE:513151 Share Price * BSE (2019-04-10) in INR ₹10.93
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.74x
India Market PB Ratio Median Figure of 3,627 Publicly-Listed Companies 1.11x
NSEI:STINDIA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:513151 Share Price ÷ Book Value per Share (both in INR)

= 10.93 ÷ -4.62

-2.36x

* Primary Listing of STI India.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • STI India has negative assets, we can't compare the value of its assets to the IN Luxury industry average.

Next steps:

  1. 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.
  2. 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's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Luxury industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess STI India's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. STI India has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.3%
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is STI India expected to grow at an attractive rate?
  • Unable to compare STI India's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare STI India's earnings growth to the India market average as no estimate data is available.
  • Unable to compare STI India's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:STINDIA Future Growth Rates Data Sources
Data Point Source Value (per year)
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.6%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:STINDIA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:STINDIA Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 381 -79
2018-09-30 424 -38
2018-06-30 335 -99
2018-03-31 373 -21 -73
2017-12-31 463 -55
2017-09-30 457 -78
2017-06-30 489 -70
2017-03-31 470 -2 -80
2016-12-31 432 -215
2016-09-30 455 -219
2016-06-30 444 215
2016-03-31 468 -82 240

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if STI India is high growth as no earnings estimate data is available.
  • Unable to determine if STI India is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:STINDIA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from STI India Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:STINDIA Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 -2.74
2018-09-30 -1.30
2018-06-30 -3.43
2018-03-31 -2.53
2017-12-31 -1.90
2017-09-30 -2.68
2017-06-30 -2.40
2017-03-31 -2.75
2016-12-31 -7.43
2016-09-30 -7.52
2016-06-30 7.38
2016-03-31 8.28

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if STI India will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. STI India's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. STI India's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess STI India's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
STI India has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has STI India performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare STI India's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • STI India does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare STI India's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare STI India's 1-year growth to the IN Luxury industry average as it is not currently profitable.
Earnings and Revenue History
STI India's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from STI India Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:STINDIA Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 380.90 -79.34 165.31
2018-09-30 423.81 -37.64 174.99
2018-06-30 334.82 -98.97 181.63
2018-03-31 373.28 -73.35 185.92
2017-12-31 462.60 -55.32 188.26
2017-09-30 456.86 -77.75 187.83
2017-06-30 488.58 -69.68 187.83
2017-03-31 469.72 -79.80 191.24
2016-12-31 432.09 -215.20 198.65
2016-09-30 455.39 -218.73 200.64
2016-06-30 444.02 214.86 201.61
2016-03-31 467.91 239.99 197.13
2015-12-31 568.16 420.27 276.80
2015-09-30 592.19 412.22 268.46
2015-06-30 611.84 -29.19 172.82
2015-03-31 604.71 -47.88 167.21
2014-12-31 563.43 -80.87 193.75
2014-09-30 583.95 -62.35 191.18
2014-06-30 599.39 -49.71 187.53
2014-03-31 557.28 -66.68 187.99
2013-12-31 533.27 -83.11 182.15
2013-09-30 511.60 -82.93 179.49
2013-06-30 483.98 -93.40 176.84
2013-03-31 494.01 -93.27 172.85
2012-12-31 531.34 -57.77 177.13
2012-09-30 621.12 -24.93 169.61
2012-06-30 636.72 -24.63 169.97

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if STI India has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if STI India has efficiently used its assets last year compared to the IN Luxury industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if STI India improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess STI India's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
STI India has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is STI India's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up STI India's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • STI India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • STI India's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of STI India's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • STI India has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from STI India Company Filings, last reported 3 months ago.

NSEI:STINDIA Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -134.30 1,127.20 1.19
2018-09-30 -134.30 1,127.20 1.19
2018-06-30 -153.37 1,127.20 0.67
2018-03-31 -153.37 1,127.20 0.67
2017-12-31 -96.66 1,127.20 0.14
2017-09-30 -96.66 1,127.20 0.14
2017-06-30 -80.02 1,127.20 0.19
2017-03-31 -80.02 1,127.20 0.19
2016-12-31 -18.90 1,127.20 0.18
2016-09-30 -18.90 1,127.20 0.18
2016-06-30 -0.22 1,127.20 0.26
2016-03-31 -0.22 1,127.20 0.26
2015-12-31 199.91 1,127.20 0.39
2015-09-30 199.91 1,127.20 0.39
2015-06-30 -240.20 1,224.70 0.61
2015-03-31 -240.20 1,224.70 0.61
2014-12-31 -202.81 1,224.70 0.44
2014-09-30 -202.81 1,224.70 0.44
2014-06-30 -182.57 1,224.70 0.35
2014-03-31 -182.57 1,224.70 0.35
2013-12-31 -140.26 1,224.70 1.80
2013-09-30 -140.26 1,224.70 1.80
2013-06-30 -115.89 1,224.70 0.40
2013-03-31 -115.89 1,224.70 0.40
2012-12-31
2012-09-30
2012-06-30 -22.62 1,199.70 7.99
  • STI India has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if STI India's debt level has increased considering it has negative shareholder equity.
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.

  • STI India has less than a year of cash runway based on current free cash flow.
  • STI India has less than a year of cash runway if free cash flow continues to reduce at historical rates of -90.3% each year.
X
Financial health checks
We assess STI India's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. STI India has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from STI India dividends.
If you bought ₹2,000 of STI India shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate STI India's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate STI India's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:STINDIA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as STI India has not reported any payouts.
  • Unable to verify if STI India's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of STI India's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as STI India has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess STI India's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can STI India afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. STI India has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of STI India's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Prashant Agrawal
COMPENSATION ₹0
AGE 44
CEO Bio

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 Executive Officer. Mr. Agrawal serves as the Managing Director of Bombay Rayon Fashions Limited and has been its Executive Non Independent Director since September 1997. He is accredited with development and growth of the Bombay Rayon Fashion's export business. He is responsible for the overall management of Bombay Rayon Fashion. He is in charge of fabrics design, overseas marketing of fabrics and holds complete responsibility from initiation to delivery for the garment business. He serves as Managing Director of Reynold Shirting Private Limited. He has more than 12 years of experience in textile sector. He serves as a Director at Ashwell Holding Company Private Limited. Mr. Agrawal served as a Director of Scotts Garments Limited from September 30, 2008 to April 19, 2011. Mr. Agrawal holds a Bachelor degree in Chemical Engineering from University Institute of Chemical Technology, Bombay.

CEO Compensation
  • Insufficient data for Prashant to compare compensation growth.
  • Prashant's remuneration is lower than average for companies of similar size in India.
Management Team

Prashant Agrawal

TITLE
CEO, MD & Executive Director
AGE
44

Mukesh Maheshwari

TITLE
CFO & VP
COMPENSATION
₹5M
AGE
56
TENURE
4.5 yrs

Deepesh Nayak

TITLE
Compliance Officer & Company Secretary
COMPENSATION
₹743K
TENURE
6.9 yrs
Board of Directors Tenure

Average tenure and age of the STI India board of directors in years:

4.4
Average Tenure
56
Average Age
  • The tenure for the STI India board of directors is about average.
Board of Directors

Aman Agrawal

TITLE
Chairman
COMPENSATION
₹6K
AGE
46

Prashant Agrawal

TITLE
CEO, MD & Executive Director
AGE
44
TENURE
8.4 yrs

A. Arumugham

TITLE
Independent Non-Executive Director
COMPENSATION
₹6K
AGE
76
TENURE
4.8 yrs

Anand Mundra

TITLE
Non-Executive Director
COMPENSATION
₹17K
AGE
62
TENURE
8.4 yrs

John Mathew

TITLE
Independent Director
COMPENSATION
₹22K
AGE
56
TENURE
3.9 yrs

Prachi Deshpande

TITLE
Non Executive Director
COMPENSATION
₹17K
AGE
41
TENURE
3.9 yrs

Suresh Vishwasrao

TITLE
Independent Director
COMPENSATION
₹22K
AGE
72
TENURE
2.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess STI India's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. STI India has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Does STI India Limited (NSE:STINDIA) Have A High Beta?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

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Does Market Volatility Impact STI India Limited's (NSE:STINDIA) Share Price?

If you're interested in STI India Limited (NSE:STINDIA), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

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STI India Limited (NSE:STINDIA): Risks You Need To Consider Before Buying

The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market. … Not every stock is exposed to the same level of market risk. … The most widely used metric to quantify a stock's market risk is beta, and the market as a whole represents a beta of one.

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Should You Sell STI India Limited (NSE:STINDIA) For This Reason?

STI India may need to come to market again, but the question is, when? … How fast STI India runs down its cash supply over time is known as the cash burn rate. … NSEI:STINDIA Income Statement Jun 5th 18 When will STI India need to raise more cash?

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Who Are STI India Limited's (NSE:STINDIA) Major Shareholders?

General Public Ownership The general public holds 6.14% stake in STINDIA, thus, representing an important class of owners. … This size of ownership, while considerably large for a public company, may not be enough to change company policy if the decision is not in sync with other large shareholders. … Public Company Ownership Potential investors in STINDIA should also look at another important group of investors: other public companies, with a stake of 75.00%, who are primarily invested because of strategic and capital gain interests.

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Should You Be Holding STI India Limited (NSE:STINDIA) Right Now?

This means that the change in STINDIA's value, whether it goes up or down, will be of a smaller degree than the change in value of the entire stock market index. … STINDIA's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … However, this is the opposite to what STINDIA’s actual beta value suggests, which is lower stock volatility relative to the market.

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Does STI India Limited's (NSE:STINDIA) Earnings Growth Make It An Outperformer?

After looking at STI India Limited's (NSEI:STINDIA) latest earnings announcement (31 December 2017), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … For the most up-to-date info, I use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … Each year, for the past five years STI India has seen an annual decline in revenue of -23.66%, on average.

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How Long Will Loss-Making STI India Limited (NSE:STINDIA) Survive?

The single most important question to ask when you’re investing in a loss-making company is – will they need to raise cash again, and if so, when? … Given that STI India is spending more money than it earns, it will need to fund its expenses via external sources of capital. … Though, if opex continues to rise at this rate, given how much cash reserves STI India currently has, it will actually need to raise capital again within the next couple of months!

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Who Are The Top Investors In STI India Limited (NSE:STINDIA)?

Although STINDIA has a high institutional ownership, such stock moves, in the short-term, are more commonly linked to a particular type of active institutional investors – hedge funds. … Public Company Ownership Another important group of owners for potential investors in STINDIA are other public companies that hold a stake of 75.00% in STINDIA. … Thus, investors should dig deeper into STINDIA's business relations with these companies and how it can affect shareholder returns in the long-term.What this means for you: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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How Should You Think About STI India Limited's (NSE:STINDIA) Risks?

An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … I test STINDIA’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint. … As a result, this aspect of STINDIA indicates a higher beta than a similar size company with a lower portion of fixed assets on their balance sheet.

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Company Info

Description

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, lenin blended, EliTwist, TFO, neppy, slub, core spun, special fibre, high twist, and fancy yarns; and single jersey, rib, pique, 3-thread fleece, and fancy knitted fabrics, as well as blended man-made fibers. The company was incorporated in 1984 and is based in Indore, India. STI India Limited is a subsidiary of Bombay Rayon Fashions Limited.

Details
Name: STI India Limited
STINDIA
Exchange: NSEI
Founded: 1984
₹316,970,000
29,000,000
Website: http://www.stitextile.net
Address: STI India Limited
Rau-Pithampur Link Road,
Tehsil - Mhow, District,
Indore,
Madhya Pradesh, 453332,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 513151 Equity Shares Mumbai Stock Exchange IN INR 08. Jan 1996
NSEI STINDIA Equity Shares National Stock Exchange of India IN INR 08. Jan 1996
Number of employees
Current staff
Staff numbers
695
STI India employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 12:48
End of day share price update: 2019/04/10 00:00
Last earnings filing: 2019/02/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.