BSE:512481

Stock Analysis Report

Executive Summary

Polytex India Limited, a non-banking finance company, provides various financial services in India.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.

Risks

  • Polytex India has significant price volatility in the past 3 months.
  • Polytex India is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

BSE:512481

-3.6%

IN Consumer Finance

-2.1%

IN Market


1 Year Return

n/a

BSE:512481

-3.2%

IN Consumer Finance

-14.7%

IN Market

No trading data on 512481.

No trading data on 512481.


Share holder returns

512481IndustryMarket
7 Day0%-3.6%-2.1%
30 Day0%1.9%-3.9%
90 Dayn/a-10.2%-10.1%
1 Yearn/a-2.5%-3.2%-12.9%-14.7%
3 Year-80.9%-80.9%59.3%56.0%17.7%11.5%
5 Year-87.5%-87.5%233.9%218.2%35.4%22.5%

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

Valuation

Is Polytex India undervalued based on future cash flows and its price relative to the stock market?

15.71x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Polytex India to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Polytex India to establish if it is available at substantial discount.


Price Based on Earnings

Polytex India is good value based on earnings compared to the IN Consumer Finance industry average.

Polytex India is overvalued based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Polytex India, we can't assess if its growth is good value.


Price Based on Value of Assets

Polytex India is good value based on assets compared to the IN Consumer Finance industry average.


Next Steps

Future Growth

How is Polytex India expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

35.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Polytex India is high growth as no revenue estimate data is available.

Polytex India's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Polytex India's revenue growth to the India market average as no estimate data is available.

Polytex India's earnings growth is expected to exceed the India market average.

Polytex India's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Polytex India will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Polytex India performed over the past 5 years?

-4.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Polytex India's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Polytex India's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Polytex India's 1-year earnings growth is negative, it can't be compared to the IN Consumer Finance industry average.


Return on Equity

Polytex India has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Polytex India used its assets less efficiently than the IN Consumer Finance industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Polytex India improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Polytex India's financial position?


Financial Position Analysis

Polytex India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Polytex India's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Polytex India has no debt.

Polytex India currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Polytex India has no debt, it does not need to be covered by operating cash flow.

Polytex India has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Polytex India has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Polytex India's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Polytex India's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Polytex India's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Polytex India has not reported any payouts.

Unable to verify if Polytex India's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Polytex India 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.


Next Steps

Management

What is the CEO of Polytex India's salary, the management and board of directors tenure and is there insider trading?

6.4yrs

Average board tenure


CEO

Paresh Kariya (51yo)

0.0yrs

Tenure

₹1,200,000

Compensation

Mr. Paresh Mulji Kariya has been Compliance Officer of WW Technology Holdings Ltd. since May 4, 2019 and has been its Director since January 31, 2008. Mr. Kariya serves as an Executive Chairman of Polytex  ...


CEO Compensation Analysis

Paresh's remuneration is lower than average for companies of similar size in India.

Paresh's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

6.4yrs

Average Tenure

49yo

Average Age

The tenure for the Polytex India board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Paresh Kariya (51yo)

    Executive Chairman & Compliance Officer

    • Tenure: 0.0yrs
    • Compensation: ₹1.20m
  • Arvind Kariya (54yo)

    CFO & Whole Time Director

    • Tenure: 11.6yrs
    • Compensation: ₹1.20m

Board Members

  • Paresh Kariya (51yo)

    Executive Chairman & Compliance Officer

    • Tenure: 0.0yrs
    • Compensation: ₹1.20m
  • Arvind Kariya (54yo)

    CFO & Whole Time Director

    • Tenure: 11.6yrs
    • Compensation: ₹1.20m
  • Kranti Bhowad (38yo)

    Independent Non Executive Director

    • Tenure: 8.3yrs
  • Sachchidanand Adam (38yo)

    Independent Non Executive Director

    • Tenure: 4.4yrs
  • Nitin Kariya (49yo)

    Independent Non Executive Director

    • Tenure: 2.0yrs

Company Information

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


Key Information

  • Name: Polytex India Limited
  • Ticker: 512481
  • Exchange: BSE
  • Founded: 1987
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹14.850m
  • Shares outstanding: 13.50m
  • Website: https://www.polytexindia.com

Number of Employees


Location

  • Polytex India Limited
  • 401, Nisarg Apartment
  • 4th Floor
  • Mumbai
  • Maharashtra
  • 400056
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
512481BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2010

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 12:51
End of Day Share Price2019/07/19 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.