Polytex India Limited, a non-banking finance company, provides various financial services in India.
Flawless balance sheet and slightly overvalued.
Share Price & News
How has Polytex India's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 512481 has not had significant price volatility in the past 3 months.
7 Day Return
IN Consumer Finance
1 Year Return
IN Consumer Finance
Return vs Industry: Insufficient data to determine how 512481 performed against the Indian Consumer Finance industry.
Return vs Market: Insufficient data to determine how 512481 performed against the Indian Market.
Price Volatility Vs. Market
How volatile is Polytex India's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Polytex India undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 512481's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 512481's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 512481 is poor value based on its PE Ratio (13x) compared to the IN Consumer Finance industry average (11.1x).
PE vs Market: 512481 is good value based on its PE Ratio (13x) compared to the Indian market (14.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 512481's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 512481 is good value based on its PB Ratio (0x) compared to the IN Consumer Finance industry average (0.6x).
How is Polytex India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Polytex India 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 Polytex India's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Polytex India competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
How has Polytex India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 512481 has high quality earnings.
Growing Profit Margin: 512481's current net profit margins (7.5%) are lower than last year (13.2%).
Past Earnings Growth Analysis
Earnings Trend: 512481's earnings have declined by 11.4% per year over the past 5 years.
Accelerating Growth: 512481's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 512481 had negative earnings growth (-42%) over the past year, making it difficult to compare to the Consumer Finance industry average (-3.4%).
Return on Equity
High ROE: 512481's Return on Equity (0.4%) is considered low.
How is Polytex India's financial position?
Financial Position Analysis
Short Term Liabilities: 512481's short term assets (₹155.7M) exceed its short term liabilities (₹1.4M).
Long Term Liabilities: 512481's short term assets (₹155.7M) exceed its long term liabilities (₹30.4M).
Debt to Equity History and Analysis
Debt Level: 512481 is debt free.
Reducing Debt: 512481 has no debt compared to 5 years ago when its debt to equity ratio was 3.9%.
Debt Coverage: 512481 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 512481 has no debt, therefore coverage of interest payments is not a concern.
What is Polytex India current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 512481's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 512481'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 512481's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 512481's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 512481 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 512481'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
Paresh Kariya (52 yo)
Mr. Paresh Mulji Kariya served as Compliance Officer of WW Technology Holdings Ltd. from May 4, 2019 to January 23, 2020. Mr. Kariya serves as Chairman at WW Technology Holdings Ltd. and has been its Direc ...
CEO Compensation Analysis
Compensation vs Market: Paresh's total compensation ($USD31.99K) is below average for companies of similar size in the Indian market ($USD49.39K).
Compensation vs Earnings: Paresh's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive Chairman||no data||₹2.40m||32.95% |
|CFO & Whole Time Director||12.58yrs||no data||33.99% |
|Independent Non Executive Director||5.42yrs||no data||no data|
|Independent Non Executive Director||3yrs||no data||no data|
|Additional Non-Executive Independent Director||1.5yrs||no data||no data|
Experienced Board: 512481's board of directors are considered experienced (4.2 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.
Polytex India Limited's company bio, employee growth, exchange listings and data sources
- Name: Polytex India Limited
- Ticker: 512481
- Exchange: BSE
- Founded: 1987
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: ₹7.020m
- Shares outstanding: 13.50m
- Website: https://www.polytexindia.com
Number of Employees
- Polytex India Limited
- 401, Nisarg Apartment
- 4th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|512481||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 2010|
Polytex India Limited, a non-banking finance company, provides various financial services in India. The company invests and trade in shares and securities; and offers short-term loans and advances. Polytex ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/12 12:34|
|End of Day Share Price||2020/08/11 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.