Suryalakshmi Cotton Mills Limited manufactures and sells cotton and blended yarns, denim fabrics, and garments in India.
Fair value with mediocre balance sheet.
Share Price & News
How has Suryalakshmi Cotton Mills's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SURYALAXMI's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SURYALAXMI underperformed the Indian Luxury industry which returned 18.2% over the past year.
Return vs Market: SURYALAXMI underperformed the Indian Market which returned 10.7% over the past year.
Price Volatility Vs. Market
How volatile is Suryalakshmi Cotton Mills's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Suryalakshmi Cotton Mills Limited's (NSE:SURYALAXMI) CEO Pay Fair?
1 month ago | Simply Wall StEasy Come, Easy Go: How Suryalakshmi Cotton Mills (NSE:SURYALAXMI) Shareholders Got Unlucky And Saw 86% Of Their Cash Evaporate
2 months ago | Simply Wall StWhat Kind Of Shareholders Own Suryalakshmi Cotton Mills Limited (NSE:SURYALAXMI)?
Is Suryalakshmi Cotton Mills 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: SURYALAXMI (₹18.7) is trading below our estimate of fair value (₹439.18)
Significantly Below Fair Value: SURYALAXMI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SURYALAXMI is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: SURYALAXMI 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 SURYALAXMI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SURYALAXMI is good value based on its PB Ratio (0.1x) compared to the IN Luxury industry average (0.5x).
How is Suryalakshmi Cotton Mills 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 Suryalakshmi Cotton Mills 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.
- Examine whether Suryalakshmi Cotton Mills is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Suryalakshmi Cotton Mills 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 Suryalakshmi Cotton Mills performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SURYALAXMI is currently unprofitable.
Growing Profit Margin: SURYALAXMI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SURYALAXMI is unprofitable, and losses have increased over the past 5 years at a rate of -51.7% per year.
Accelerating Growth: Unable to compare SURYALAXMI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SURYALAXMI is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (5.6%).
Return on Equity
High ROE: SURYALAXMI has a negative Return on Equity (-7.6%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Suryalakshmi Cotton Mills's financial position?
Financial Position Analysis
Short Term Liabilities: SURYALAXMI's short term assets (₹3.9B) exceed its short term liabilities (₹3.6B).
Long Term Liabilities: SURYALAXMI's short term assets (₹3.9B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: SURYALAXMI's debt to equity ratio (110.7%) is considered high.
Reducing Debt: SURYALAXMI's debt to equity ratio has increased from 73.3% to 110.7% over the past 5 years.
Inventory Level: SURYALAXMI has a high level of physical assets or inventory.
Debt Coverage by Assets: SURYALAXMI's debt is covered by short term assets (assets are 1.4x debt).
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: SURYALAXMI has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: SURYALAXMI has been profitable on average in the past, therefore cash runway is not a concern.
What is Suryalakshmi Cotton Mills's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SURYALAXMI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SURYALAXMI'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 SURYALAXMI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SURYALAXMI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SURYALAXMI is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SURYALAXMI'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 board tenure
Lakshmi Agarwal (86yo)
Mr. Lakshmi Narayan Agarwal founded Suryalakshmi Cotton Mills Ltd., in 1962 and serves as its Chairman and Managing Director. Mr. Agarwal has 48 years of experience in all facets of cotton & synthetic text ...
CEO Compensation Analysis
Compensation vs Market: Lakshmi's total compensation ($USD112.07K) is above average for companies of similar size in the Indian market ($USD50.34K).
Compensation vs Earnings: Lakshmi's compensation has increased whilst the company is unprofitable.
|Chairman & MD||0yrs||₹8.02m||30.95% ₹103.2m|
|MD & Executive Director||14.7yrs||₹7.04m||19.17% ₹63.9m|
|Whole-time Director||5.8yrs||₹4.68m||5.83% ₹19.4m|
|Independent Non-Executive Director||0yrs||₹30.00k||0.0024% ₹7.9k|
|Independent Non-Executive Director||0yrs||₹30.00k||no data|
|Independent Non-Executive Director||5.8yrs||₹30.00k||0.17% ₹560.0k|
|Nominee Director||1.3yrs||₹15.00k||no data|
|Non Executive Independent Director||4.8yrs||₹20.00k||no data|
Experienced Board: SURYALAXMI's board of directors are considered experienced (5.8 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.
Suryalakshmi Cotton Mills Limited's company bio, employee growth, exchange listings and data sources
- Name: Suryalakshmi Cotton Mills Limited
- Ticker: SURYALAXMI
- Exchange: NSEI
- Founded: 1962
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹333.446m
- Shares outstanding: 16.67m
- Website: https://www.suryalakshmi.com
Number of Employees
- Suryalakshmi Cotton Mills Limited
- Surya Towers
- 6th Floor
- Andhra Pradesh
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|521200||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Mar 2005|
|SURYALAXMI||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Mar 2005|
Suryalakshmi Cotton Mills Limited manufactures and sells cotton and blended yarns, denim fabrics, and garments in India. The company provides spun polyester, polyester cotton combed/carded blend, polyester viscose blend, cotton OE and ring spun, slub and fancy, core spun elastane, 2 fold, eli-twisted, and compact yarns. The company also offers mercerized, coated, normal finish, cotton/polyester, yarn dyed/over dyed, and mill washed stretch and rigid denims. It serves private labels, fashion brands, and retail chains in 31 countries worldwide. Suryalakshmi Cotton Mills Limited was founded in 1962 and is based in Secunderabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 13:19|
|End of Day Share Price||2020/02/19 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.