BSE:509953

Stock Analysis Report

Executive Summary

Trade Wings Limited, together with its subsidiaries, provides travel and travel related services in India.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Trade Wings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 509953 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

509953

-2.7%

IN Hospitality

-0.8%

IN Market


1 Year Return

n/a

509953

-8.8%

IN Hospitality

11.1%

IN Market

Return vs Industry: Insufficient data to determine how 509953 performed against the Indian Hospitality industry.

Return vs Market: Insufficient data to determine how 509953 performed against the Indian Market.


Shareholder returns

509953IndustryMarket
7 Day0%-2.7%-0.8%
30 Day0%-2.5%-2.3%
90 Day-5.0%-5.7%2.1%
1 Yearn/a-3.2%-8.8%13.1%11.1%
3 Year-38.5%-38.5%30.9%17.7%22.9%16.2%
5 Year-38.3%-38.3%49.0%31.2%34.9%22.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Trade Wings undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Trade Wings is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Trade Wings 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 509953’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 Trade Wings regulatory filings.
  • Explore potentially undervalued companies in the Consumer Services industry.

Future Growth

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

34.4%

Forecasted Consumer Services 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 Trade Wings 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 Trade Wings performed over the past 5 years?

14.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 509953 is currently unprofitable.

Growing Profit Margin: 509953 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 509953 is unprofitable, but has reduced losses over the past 5 years at a rate of 14.5% per year.

Accelerating Growth: Unable to compare 509953's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 509953 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (25.9%).


Return on Equity

High ROE: 509953'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 Trade Wings's financial position?


Financial Position Analysis

Short Term Liabilities: 509953 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 509953 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: 509953 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 509953's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 509953 has a high level of physical assets or inventory.

Debt Coverage by Assets: 509953 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: 509953 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if 509953 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Trade Wings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 509953's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 509953'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 509953's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 509953'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 509953'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?

3.8yrs

Average management tenure


CEO

Shailendra Mittal (66yo)

3.8yrs

Tenure

Dr. Shailendra Parmeshwarji Mittal, Ph.D, has been the Executive Chairman and Managing Director at Trade Wings Limited since April 1, 2012 and May 30, 2016 respectively. Dr. Mittal served as Chief Financia ...


CEO Compensation Analysis

Compensation vs Market: Shailendra's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD50.25K).

Compensation vs Earnings: Shailendra's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Shailendra Mittal
Executive Chairman & MD3.8yrsno data0.36% 540.2k
Vishwanathan Nair
Chief Financial Officer3.8yrs₹637.00kno data
Zurica Pinto
Compliance Officer & Company Secretary3yrs₹190.00kno data

3.8yrs

Average Tenure

Experienced Management: 509953's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shailendra Mittal
Executive Chairman & MD3.8yrsno data0.36% 540.2k
Ramamurth Vaidhyanathan
Independent Non-Executive Director16.9yrsno datano data
Jyoti Gupta
Additional Non-Executive Director4.9yrsno datano data
Jacinta Nayagam
Independent Director3.6yrsno datano data
Hemanth Panchal
Non-executive Director0.3yrsno datano data

4.9yrs

Average Tenure

62yo

Average Age

Experienced Board: 509953's board of directors are considered experienced (4.9 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

Trade Wings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Trade Wings Limited
  • Ticker: 509953
  • Exchange: BSE
  • Founded: 1949
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: ₹151.200m
  • Shares outstanding: 3.00m
  • Website: https://www.tradewings.in

Location

  • Trade Wings Limited
  • Bhogilal Building
  • 1st Floor
  • Mumbai
  • Maharashtra
  • 400001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
509953BSE (Mumbai Stock Exchange)YesEquity Shares with Par Value 10ININRMay 2005

Biography

Trade Wings Limited, together with its subsidiaries, provides travel and travel related services in India. The company offers business and leisure travel services, such as in-bound and out-bound tours, conference and convention management, and foreign exchange services. It also owns and operates the Bogmallo Beach Resort, a five star resort with 126 deluxe rooms and suites located in South Goa; Rampart Row, a banqueting facility located in South Mumbai; and Joss, a fine dining restaurant in South Mumbai, as well as provides catering services. In addition, the company offers logistics services, including air freight, shipping, packers and movers, cross trade, and courier and parcel services; and training services in various fields, such as aviation, travel and tourism, hospitality, and logistics, as well as operates onlinetraveledu.com, an e-learning portal. Further, it is involved in real estate leasing, software development, and telecommunications businesses. The company was incorporated in 1949 and is based in Mumbai, India. Trade Wings Limited is a subsidiary of Narayani Hospitality & Academic Institution Private Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 12:38
End of Day Share Price2019/12/13 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.