BSE:511654

Stock Analysis Report

Sugal & Damani Share Brokers

Executive Summary

Sugal & Damani Share Brokers Limited provides share broking services in India.

Snowflake

Fundamentals

Undervalued with questionable track record.

Share Price & News

How has Sugal & Damani Share Brokers's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-13.9%

511654

2.7%

IN Capital Markets

3.1%

IN Market


1 Year Return

-61.4%

511654

-28.3%

IN Capital Markets

3.7%

IN Market

Return vs Industry: 511654 underperformed the Indian Capital Markets industry which returned -28.3% over the past year.

Return vs Market: 511654 underperformed the Indian Market which returned 3.7% over the past year.


Shareholder returns

511654IndustryMarket
7 Day-13.9%2.7%3.1%
30 Day-33.5%-2.6%5.7%
90 Dayn/a-15.3%1.4%
1 Year-61.4%-61.4%-27.1%-28.3%5.9%3.7%
3 Year-17.0%-17.0%-19.8%-22.7%22.3%16.0%
5 Year-32.8%-32.8%9.2%2.6%42.5%28.9%

Price Volatility Vs. Market

How volatile is Sugal & Damani Share Brokers's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sugal & Damani Share Brokers undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 511654 (₹6.31) is trading below our estimate of fair value (₹17.43)

Significantly Undervalued: 511654 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 511654 is good value based on its PE Ratio (2.2x) compared to the Capital Markets industry average (13.4x).

PE vs Market: 511654 is good value based on its PE Ratio (2.2x) compared to the Indian market (13.2x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 511654's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 511654 is good value based on its PB Ratio (0.3x) compared to the IN Capital Markets industry average (0.5x).


Next Steps

Future Growth

How is Sugal & Damani Share Brokers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-9.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 511654's earnings are forecast to decline over the next 3 years (-9.8% per year).

Earnings vs Market: 511654's earnings are forecast to decline over the next 3 years (-9.8% per year).

High Growth Earnings: 511654's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if 511654's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 511654's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 511654's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Sugal & Damani Share Brokers performed over the past 5 years?

25.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 511654's earnings have grown significantly by 25.1% per year over the past 5 years.

Accelerating Growth: 511654's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 511654 had negative earnings growth (-42.5%) over the past year, making it difficult to compare to the Capital Markets industry average (-17.8%).


Return on Equity

High ROE: 511654's Return on Equity (9.9%) is considered low.


Return on Assets

ROA vs Industry: 511654 has a higher Return on Assets than the Capital Markets industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate 511654's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Sugal & Damani Share Brokers's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: 511654 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 511654's debt is covered by short term assets (assets are 5731.406070x debt).


Financial Institutions Analysis

Asset Level: 511654's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if 511654 has a sufficient allowance for bad loans.

Low Risk Liabilities: 511654 reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if 511654 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 511654 has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if 511654 has an appropriate level of bad loans.


Next Steps

Dividend

What is Sugal & Damani Share Brokers's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.5%industryaverage2.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 511654's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 511654's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 511654's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 511654's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 511654 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 511654's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of Sugal & Damani Share Brokers's salary, the management and board of directors tenure and is there insider trading?

9.3yrs

Average board tenure


CEO

Mahesh Chandak (55yo)

0yrs

Tenure

₹1,800,000

Compensation

Mr. Mahesh B. Chandak, F.C.A., has been an Executive Director of Sugal & Damani Share Brokers Ltd since October 24, 2008. Shri. Chandak served as Vice President of Sugal & Damani Share Brokers Ltd. Mr. Cha ...


CEO Compensation Analysis

Compensation vs. Market: Mahesh's total compensation ($USD25.21K) is too low to compare against companies of similar size in the Indian market ($USD28.94K).

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


Board Age and Tenure

9.3yrs

Average Tenure

52.5yo

Average Age

Experienced Board: 511654's board of directors are considered experienced (9.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • S. Vinodh Jain (50yo)

    Whole-time Director

    • Tenure: 11yrs
  • Mahesh Chandak (55yo)

    Whole-time Director

    • Tenure: 0yrs
    • Compensation: ₹1.80m
  • S. Singhi

    Accounts Manager

    • Tenure: 0yrs
  • Radhika Maheshwari

    Company Secretary

    • Tenure: 2.2yrs
  • T. Balasubramanian

    Compliance Officer

    • Tenure: 0yrs
  • - Dhakshayani

    Chief Financial Officer

    • Tenure: 0.6yrs

Board Members

  • Santhanam Kannadasan (53yo)

    Independent Director

    • Tenure: 0yrs
    • Compensation: ₹29.00k
  • N. Sugal Jain (75yo)

    Chairman of the Board

    • Tenure: 0yrs
  • S. Vinodh Jain (50yo)

    Whole-time Director

    • Tenure: 11yrs
  • Mahesh Chandak (55yo)

    Whole-time Director

    • Tenure: 0yrs
    • Compensation: ₹1.80m
  • Prasanchand Jain (52yo)

    Non Executive Director

    • Tenure: 9.3yrs
    • Compensation: ₹5.00k
  • Rajesh Wadhwa (48yo)

    Non-Executive Independent Director

    • Tenure: 8.3yrs
    • Compensation: ₹12.00k
  • Dhanesh Mrinalini

    Non-Executive Independent Women Director

    • Tenure: 4.6yrs
    • Compensation: ₹15.00k

Company Information

Sugal & Damani Share Brokers Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sugal & Damani Share Brokers Limited
  • Ticker: 511654
  • Exchange: BSE
  • Founded: 1993
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: ₹39.438m
  • Shares outstanding: 6.25m
  • Website: https://www.sugalshare.com

Number of Employees


Location

  • Sugal & Damani Share Brokers Limited
  • City Centre Plaza
  • 1st Floor
  • Chennai
  • Tamil Nadu
  • 600002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
511654BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002

Biography

Sugal & Damani Share Brokers Limited provides share broking services in India. It engages in the brokerage and distribution of equities, commodities, etc.; and provision of online trading, depository, unde ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 12:39
End of Day Share Price2019/10/16 00:00
Earnings2019/06/30
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.