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Visagar Polytex

NSEI:VIVIDHA
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VIVIDHA
NSEI
₹154M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Visagar Polytex Limited engages in the design, manufacture, wholesale, retail, and trade of textiles in India. The last earnings update was 69 days ago. More info.


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VIVIDHA Share Price and Events
7 Day Returns
9.1%
NSEI:VIVIDHA
-0.6%
IN Luxury
-1.9%
IN Market
1 Year Returns
-42.9%
NSEI:VIVIDHA
-4%
IN Luxury
-2.8%
IN Market
VIVIDHA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Visagar Polytex (VIVIDHA) 9.1% 20% -14.3% -42.9% -93.1% -90.1%
IN Luxury -0.6% 1.4% 8.8% -4% 47.5% 162.4%
IN Market -1.9% 1.2% 5.1% -2.8% 38.3% 71%
1 Year Return vs Industry and Market
  • VIVIDHA underperformed the Luxury industry which returned -4% over the past year.
  • VIVIDHA underperformed the Market in India which returned -2.8% over the past year.
Price Volatility
VIVIDHA
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Visagar Polytex 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Visagar Polytex. This is due to cash flow or dividend data being unavailable. The share price is ₹0.6.
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 Visagar Polytex's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Visagar Polytex's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:VIVIDHA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹0.06
BSE:506146 Share Price ** BSE (2019-04-24) in INR ₹0.56
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.23x
India Market PE Ratio Median Figure of 2,739 Publicly-Listed Companies 16.02x

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

** Primary Listing of Visagar Polytex.

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

= BSE:506146 Share Price ÷ EPS (both in INR)

= 0.56 ÷ 0.06

9.88x

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

  • Visagar Polytex is good value based on earnings compared to the IN Luxury industry average.
  • Visagar Polytex is good value based on earnings compared to the India market.
Price based on expected Growth
Does Visagar Polytex's expected growth come at a high price?
Raw Data
NSEI:VIVIDHA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.88x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
14.4%per year
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.48x
India Market PEG Ratio Median Figure of 586 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 Visagar Polytex, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Visagar Polytex's assets?
Raw Data
NSEI:VIVIDHA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹1.63
BSE:506146 Share Price * BSE (2019-04-24) in INR ₹0.56
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.75x
India Market PB Ratio Median Figure of 3,630 Publicly-Listed Companies 1.09x
NSEI:VIVIDHA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:506146 Share Price ÷ Book Value per Share (both in INR)

= 0.56 ÷ 1.63

0.34x

* Primary Listing of Visagar Polytex.

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

  • Visagar Polytex is good value based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Visagar Polytex'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. Visagar Polytex has a total score of 3/6, 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 Visagar Polytex expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Visagar Polytex, future earnings growth has been estimated based on fundamentals.
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
14.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Visagar Polytex expected to grow at an attractive rate?
  • Visagar Polytex's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Visagar Polytex's earnings growth is positive but not above the India market average.
  • Unable to compare Visagar Polytex's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:VIVIDHA Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:VIVIDHA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 14.4%
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 18.3%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*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:VIVIDHA 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:VIVIDHA Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 769 16
2018-09-30 733 15
2018-06-30 701 14
2018-03-31 823 -12 14
2017-12-31 723 11
2017-09-30 679 14
2017-06-30 830 12
2017-03-31 812 2 14
2016-12-31 992 -25
2016-09-30 1,084 -16
2016-06-30 1,052 -5
2016-03-31 1,032 32 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Visagar Polytex's earnings are expected to grow by 14.4% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Visagar Polytex 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:VIVIDHA 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 Visagar Polytex Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:VIVIDHA Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 0.06
2018-09-30 0.07
2018-06-30 0.06
2018-03-31 0.06
2017-12-31 0.05
2017-09-30 0.06
2017-06-30 0.05
2017-03-31 0.06
2016-12-31 -0.11
2016-09-30 -0.06
2016-06-30 -0.02
2016-03-31 0.00

*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 Visagar Polytex will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Visagar Polytex'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.
Visagar Polytex has a total score of 1/6, 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 Visagar Polytex 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 Visagar Polytex'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.
  • Visagar Polytex's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Visagar Polytex's 1-year earnings growth exceeds its 5-year average (51.9% vs -6.8%)
  • Visagar Polytex's earnings growth has exceeded the IN Luxury industry average in the past year (51.9% vs 14.8%).
Earnings and Revenue History
Visagar Polytex'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 Visagar Polytex Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:VIVIDHA Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 769.00 16.24 7.50
2018-09-30 733.25 15.20 9.13
2018-06-30 701.41 14.10 8.65
2018-03-31 822.70 14.09 10.37
2017-12-31 723.06 10.69 12.56
2017-09-30 678.60 13.84 12.33
2017-06-30 830.21 11.69 14.56
2017-03-31 811.52 13.58 13.75
2016-12-31 991.52 -25.29 14.95
2016-09-30 1,083.99 -15.75 15.45
2016-06-30 1,052.40 -4.54 15.39
2016-03-31 1,031.79 1.06 15.14
2015-12-31 862.52 40.31 29.77
2015-09-30 856.51 34.13 29.33
2015-06-30 832.58 29.59 26.89
2015-03-31 795.24 27.08 9.17
2014-12-31 823.00 19.98 24.73
2014-09-30 773.61 14.99 5.23
2014-06-30 706.05 10.12 23.43
2014-03-31 657.93 4.39 26.99
2013-12-31 581.99 9.83 27.12
2013-09-30 579.92 9.48 5.83
2013-06-30 627.62 9.42 27.22
2013-03-31 625.04 11.35 19.92
2012-12-31 651.57 10.46 20.73
2012-09-30 648.51 10.47 20.92
2012-06-30 594.28 9.97 22.42

*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.
  • Visagar Polytex has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Visagar Polytex used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Visagar Polytex's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Visagar Polytex'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.
Visagar Polytex has a total score of 2/6, 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 Visagar Polytex'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 Visagar Polytex's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Visagar Polytex is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Visagar Polytex's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Visagar Polytex'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.
  • Debt is covered by short term assets, assets are 4.6x debt.
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 Visagar Polytex Company Filings, last reported 3 months ago.

NSEI:VIVIDHA Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 313.32 89.37 1.65
2018-09-30 313.32 89.37 1.65
2018-06-30 304.48 113.72 1.99
2018-03-31 304.48 113.72 1.99
2017-12-31 271.90 106.00 4.30
2017-09-30 271.90 106.00 4.30
2017-06-30 265.19 111.95 3.21
2017-03-31 265.19 111.95 2.30
2016-12-31 259.10 116.55 1.25
2016-09-30 259.10 116.55 1.25
2016-06-30 251.61 121.25 1.77
2016-03-31 251.61 121.25 1.77
2015-12-31 281.50 110.35 2.18
2015-09-30 281.50 110.35 2.18
2015-06-30 257.20 98.56 1.23
2015-03-31 257.20 98.56 1.23
2014-12-31 254.96 19.14 2.91
2014-09-30 242.11 87.94 1.28
2014-06-30 242.11 87.94 1.28
2014-03-31 236.35 88.29 1.39
2013-12-31 236.35 88.29 1.39
2013-09-30 233.96 97.31 2.57
2013-06-30 233.96 97.31 2.57
2013-03-31 235.23 81.09 0.98
2012-12-31 235.23 81.09 0.98
2012-09-30 226.50 80.31 2.73
2012-06-30 226.50 80.31 2.73
  • Visagar Polytex's level of debt (28.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (37.4% vs 28.5% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 3x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Visagar Polytex'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. Visagar Polytex has a total score of 4/6, 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 Visagar Polytex'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 Visagar Polytex dividends.
If you bought ₹2,000 of Visagar Polytex 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 Visagar Polytex's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Visagar Polytex'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:VIVIDHA 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 2%

Industry and Market average data is calculated daily.

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

NSEI:VIVIDHA Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-05-30 0.000 0.000
2018-02-14 0.000 0.000
2017-08-22 0.000 0.000
2017-02-10 0.000 0.000
2016-11-15 0.000 0.000
2016-08-12 0.000 0.000
2015-08-14 0.023 0.229
2014-09-02 0.007 0.017
2013-11-29 0.007 0.105
2012-12-17 0.007 0.095
2011-08-30 0.007 0.053
2010-11-01 0.003 0.067
2009-11-09 0.003 0.100
2009-07-10 0.003 0.104

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

  • Unable to perform a dividend volatility check as Visagar Polytex has not reported any payouts.
  • Unable to verify if Visagar Polytex's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Visagar Polytex's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Visagar Polytex 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 Visagar Polytex'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 Visagar Polytex afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Visagar Polytex 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 Visagar Polytex'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
Tilokchand Kothari
COMPENSATION ₹1,000,000
AGE 53
TENURE AS CEO 11.8 years
CEO Bio

Mr. Tilokchand Manaklal Kothari has been Executive Chairman and Managing Director of Visagar Polytex Ltd. since July 30, 2007. Mr. Kothari has over 25 years experience in business of Finance and Textiles. He served as the Compliance Officer of Visagar Polytex Limited. since May 20, 2015. He serves as the Chairman of Shalimar Productions Limited. He serves as Executive Chairman of Maharashtra Corporation Limited and has been its Executive Director since December 2010. He served as the Chairman of Visagar Financial Services Limited and has been its Executive Director since January 15, 2011. He has been an Executive Director of Visagar Polytex Limited since November 11, 1997 and Shalimar Productions Limited since October 24, 2005. He serves as a Director of Sagar Portfolio Services Limited, Trisha Trading Company Private Limited and Sibsagar Trade & Agencies Pvt. Ltd. He served as a Director of Filmcity Media Limited from January 1, 2008 to December 26, 2009. Mr. Kothari is a Commerce Graduate.

CEO Compensation
  • Tilokchand's compensation has been consistent with company performance over the past year.
  • Tilokchand's remuneration is about average for companies of similar size in India.
Management Team Tenure

Average tenure of the Visagar Polytex management team in years:

11.1
Average Tenure
  • The average tenure for the Visagar Polytex management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Tilokchand Kothari

TITLE
Executive Chairman & MD
COMPENSATION
₹1,000K
AGE
53
TENURE
11.8 yrs

Pravin Mishra

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹126K
TENURE
2 yrs

Sachin Mehta

TITLE
Chief Financial Officer
TENURE
0.1 yrs

Murlidhar Sharma

TITLE
General Manager of Operations
TENURE
11.1 yrs

Promod Swami

TITLE
General Manager of Marketing
TENURE
13.3 yrs

Kanwarlal Rathi

TITLE
Executive Director
COMPENSATION
₹360K
AGE
49
Board of Directors Tenure

Average tenure and age of the Visagar Polytex board of directors in years:

6.5
Average Tenure
49
Average Age
  • The tenure for the Visagar Polytex board of directors is about average.
Board of Directors

Tilokchand Kothari

TITLE
Executive Chairman & MD
COMPENSATION
₹1,000K
AGE
53
TENURE
11.8 yrs

Kanwarlal Rathi

TITLE
Executive Director
COMPENSATION
₹360K
AGE
49
TENURE
6.5 yrs

Pooja Bhardwaj

TITLE
Non-Executive Independent Director
COMPENSATION
₹45K
AGE
38
TENURE
7.3 yrs

Manish Gupta

TITLE
Non-Executive Independent Director
COMPENSATION
₹45K
TENURE
3.2 yrs

Parul Gulati

TITLE
Non-Executive Independent Director
TENURE
1.6 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 Visagar Polytex'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. Visagar Polytex 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

Do Directors Own Visagar Polytex Limited (NSE:VIVIDHA) Shares?

Every investor in Visagar Polytex Limited (NSE:VIVIDHA) should be aware of the most powerful shareholder groups. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Visagar Polytex is a smaller company with a market capitalization of ₹151m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

Investors Who Bought Visagar Polytex (NSE:VIVIDHA) Shares Three Years Ago Are Now Down 96%

So take a moment to sympathize with the long term shareholders of Visagar Polytex Limited (NSE:VIVIDHA), who have seen the share price tank a massive 96% over a three year period. … Many high growth companies focus on growing revenue before profits, but if revenue is the focus, it really needs to grow. … The share price fall of 67% (per year, over three years) is a stern reminder that money-losing companies are expected to grow revenue.

Simply Wall St -

Should You Be Happy With Visagar Polytex Limited's (NSE:VIVIDHA) 9.8% Earnings Growth?

Measuring Visagar Polytex Limited's (NSE:VIVIDHA) track record of past performance is a useful exercise for investors. … Today I will assess VIVIDHA's recent performance announced on 30 September 2018 and weigh these figures against its long-term trend and industry movements. … VIVIDHA's trailing twelve-month earnings (from 30 September 2018) of ₹15m has.

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Here's What Visagar Polytex Limited's (NSE:VIVIDHA) P/E Ratio Is Telling Us

To keep it practical, we'll show how Visagar Polytex Limited's (NSE:VIVIDHA) P/E ratio could help you assess the value on offer. … Visagar Polytex has a price to earnings ratio of 11.39, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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Could Visagar Polytex Limited's (NSE:VIVIDHA) Investor Composition Influence The Stock Price?

Every investor in Visagar Polytex Limited (NSE:VIVIDHA) should be aware of the most powerful shareholder groups. … Visagar Polytex is not a large company by global standards. … Taking a look at the our data on the ownership groups (below), it's seems that.

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Visagar Polytex Limited (NSE:VIVIDHA): Why Return On Capital Employed Is Important

and want to better understand how you can grow your money by investing in Visagar Polytex Limited (NSE:VIVIDHA). … Thus, to understand how your money can grow by investing in Visagar Polytex, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE) … Visagar Polytex's Return On Capital Employed

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Is Visagar Polytex Limited (NSE:VIVIDHA) Attractive At Its Current PE Ratio?

Visagar Polytex Limited (NSE:VIVIDHA) trades on a trailing P/E of 13.1. … While this makes VIVIDHA appear like a good stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio. … See our latest analysis for Visagar Polytex

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Does Visagar Polytex Limited's (NSE:VIVIDHA) Recent Track Record Look Strong?

In this article, I will take a look at Visagar Polytex Limited's (NSE:VIVIDHA) most recent earnings update (31 March 2018) and compare these latest figures against its performance over the past few years, along with how the rest of VIVIDHA's industry performed. … How VIVIDHA fared against its long-term earnings performance and its industry … VIVIDHA's trailing twelve-month earnings (from 31 March 2018) of ₹14.09m has

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Why Visagar Polytex Limited's (NSE:VIVIDHA) CEO Salary Matters To You

Tilokchand Kothari is the CEO of Visagar Polytex Limited (NSE:VIVIDHA), which has recently grown to a market capitalization of ₹206.81m. … Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. … This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor.

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Should You Be Tempted To Sell Visagar Polytex Limited (NSE:VIVIDHA) Because Of Its PE Ratio?

This article is intended for those of you who are at the beginning of your investing journey. … and want to better understand how you can grow your money by investing in Visagar Polytex Limited (NSE:VIVIDHA). … Visagar Polytex Limited (NSE:VIVIDHA) is currently trading at a trailing P/E of 16.8x, which is higher than the industry average of 16.2x.

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Company Info

Description

Visagar Polytex Limited engages in the design, manufacture, wholesale, retail, and trade of textiles in India. It offers ethnic wear, including sarees, lehangas, and suits; interlining goods; and various fabrics. The company also operates a retail chain that offer designer sarees under the Vividha brand. In addition, it is involved in the contract based manufacturing activity. The company serves stockists, wholesalers, semi-wholesalers, exporters, retailers, and end-users of textile products. Visagar Polytex Limited was incorporated in 1983 and is based in Mumbai, India.

Details
Name: Visagar Polytex Limited
VIVIDHA
Exchange: NSEI
Founded: 1983
₹153,729,304
269,700,534
Website: http://vpl.visagar.com
Address: Visagar Polytex Limited
907/908, Dev Plaza,
9th Floor,
Mumbai,
Maharashtra, 400058,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 506146 Equity Shares Mumbai Stock Exchange IN INR 12. Dec 2007
NSEI VIVIDHA Equity Shares National Stock Exchange of India IN INR 12. Dec 2007
Number of employees
Current staff
Staff numbers
0
Visagar Polytex employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 12:55
End of day share price update: 2019/04/24 00:00
Last earnings filing: 2019/02/14
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.