BSE:511355

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

India Cements Capital Limited provides money changing services under the For X Change brand name in India.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 511355's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.0%

511355

2.7%

IN Consumer Finance

2.4%

IN Market


1 Year Return

57.4%

511355

1.3%

IN Consumer Finance

5.1%

IN Market

Return vs Industry: 511355 exceeded the Indian Consumer Finance industry which returned 1.3% over the past year.

Return vs Market: 511355 exceeded the Indian Market which returned 5.1% over the past year.


Shareholder returns

511355IndustryMarket
7 Day-5.0%2.7%2.4%
30 Day3.8%2.9%5.2%
90 Day63.5%40.3%21.1%
1 Year57.4%57.4%4.1%1.3%7.0%5.1%
3 Year0.5%0.5%42.6%34.0%4.8%-0.2%
5 Year23.3%23.3%180.7%156.3%30.4%20.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.52x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 511355's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 511355's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 511355 is unprofitable, so we can't compare its PE Ratio to the IN Consumer Finance industry average.

PE vs Market: 511355 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 511355's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 511355's PB Ratio (0.5x) is in line with the IN Consumer Finance industry average.


Next Steps

Future Growth

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

31.9%

Forecasted Diversified Financials 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 India Cements Capital 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 India Cements Capital performed over the past 5 years?

-59.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 511355 is currently unprofitable.

Growing Profit Margin: 511355 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 511355 is unprofitable, and losses have increased over the past 5 years at a rate of 59.1% per year.

Accelerating Growth: Unable to compare 511355's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 511355 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (-3.4%).


Return on Equity

High ROE: 511355 has a negative Return on Equity (-2.54%), as it is currently unprofitable.


Next Steps

Financial Health

How is India Cements Capital's financial position?


Financial Position Analysis

Short Term Liabilities: 511355's short term assets (₹193.0M) exceed its short term liabilities (₹40.1M).

Long Term Liabilities: 511355's short term assets (₹193.0M) do not cover its long term liabilities (₹438.3M).


Debt to Equity History and Analysis

Debt Level: 511355's debt to equity ratio (281.2%) is considered high.

Reducing Debt: 511355's debt to equity ratio has increased from 148.3% to 281.2% over the past 5 years.

Debt Coverage: 511355's debt is not well covered by operating cash flow (4.7%).

Interest Coverage: Insufficient data to determine if 511355's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is India Cements Capital current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 511355's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 511355's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 511355's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 511355'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 511355'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?

2.7yrs

Average board tenure


CEO

K. Suresh

no data

Tenure

Mr. K. Suresh serves as the Chief Executive officer, President and Chief Financial Officer at India Cements Capital Ltd. Mr. Suresh served as Financial Controller & Secretary India Cements Capital Ltd duri ...


Board Members

NamePositionTenureCompensationOwnership
E. Jayashree
Compliance Officer4yrsno data0.00046%
₹ 380.4
V. Manickam
Independent Chairman1.33yrs₹14.00kno data
V. Mohan
Non-Executive Director5.5yrs₹16.00k0.00046%
₹ 380.4
Lakshmi Sreekumar
Independent Non Executive Director1.33yrsno datano data

2.7yrs

Average Tenure

56yo

Average Age

Experienced Board: 511355's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: India Cements Capital Limited
  • Ticker: 511355
  • Exchange: BSE
  • Founded: 1985
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹82.701m
  • Shares outstanding: 21.71m
  • Website: https://www.iccaps.com

Location

  • India Cements Capital Limited
  • Dhun Building
  • #827, Anna Salai
  • Chennai
  • Tamil Nadu
  • 600002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
511355BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002

Biography

India Cements Capital Limited provides money changing services under the For X Change brand name in India. It also offers advisory services on the forex market to exporters and importers under the Midas Ad ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 12:42
End of Day Share Price2020/08/10 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.