BSE:530585

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Executive Summary

Swastika Investmart Limited engages in stock broking and merchant banking activities in India. More Details


Snowflake Analysis

Proven track record second-rate dividend payer.


Similar Companies

Share Price & News

How has Swastika Investmart's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 530585 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.7%

530585

1.6%

IN Diversified Financial

-0.6%

IN Market


1 Year Return

38.3%

530585

-24.3%

IN Diversified Financial

0.9%

IN Market

Return vs Industry: 530585 exceeded the Indian Diversified Financial industry which returned -24.3% over the past year.

Return vs Market: 530585 exceeded the Indian Market which returned 0.9% over the past year.


Shareholder returns

530585IndustryMarket
7 Day-3.7%1.6%-0.6%
30 Day-4.3%0.4%4.0%
90 Day-5.0%2.2%5.7%
1 Year40.4%38.3%-21.5%-24.3%2.6%0.9%
3 Year-58.4%-60.4%-46.5%-50.4%-2.8%-7.4%
5 Year102.3%87.3%0.8%-16.2%39.9%29.5%

Price Volatility Vs. Market

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


Simply Wall St News

2 years ago | Simply Wall St

Value-Adding Discounted Stocks To Buy Now

Valuation

Is Swastika Investmart undervalued compared to its fair value and its price relative to the market?

5.2x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 530585 (₹69.85) is trading above our estimate of fair value (₹15.21)

Significantly Below Fair Value: 530585 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 530585 is good value based on its PE Ratio (5.2x) compared to the IN Diversified Financial industry average (10.5x).

PE vs Market: 530585 is good value based on its PE Ratio (5.2x) compared to the Indian market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 530585's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 530585 is overvalued based on its PB Ratio (0.8x) compared to the IN Diversified Financial industry average (0.5x).


Next Steps

Future Growth

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

21.9%

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 Swastika Investmart 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 Swastika Investmart performed over the past 5 years?

1.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 530585 has high quality earnings.

Growing Profit Margin: 530585's current net profit margins (7.4%) are lower than last year (9.4%).


Past Earnings Growth Analysis

Earnings Trend: 530585's earnings have grown by 1.9% per year over the past 5 years.

Accelerating Growth: 530585's earnings growth over the past year (6.4%) exceeds its 5-year average (1.9% per year).

Earnings vs Industry: 530585 earnings growth over the past year (6.4%) exceeded the Diversified Financial industry -4.2%.


Return on Equity

High ROE: 530585's Return on Equity (14.8%) is considered low.


Next Steps

Financial Health

How is Swastika Investmart's financial position?


Financial Position Analysis

Short Term Liabilities: 530585's short term assets (₹1.2B) do not cover its short term liabilities (₹1.5B).

Long Term Liabilities: 530585's short term assets (₹1.2B) exceed its long term liabilities (₹30.0).


Debt to Equity History and Analysis

Debt Level: 530585's debt to equity ratio (153.3%) is considered high.

Reducing Debt: 530585's debt to equity ratio has increased from 39.1% to 153.3% over the past 5 years.

Debt Coverage: 530585's debt is well covered by operating cash flow (59.5%).

Interest Coverage: Insufficient data to determine if 530585's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Swastika Investmart current dividend yield, its reliability and sustainability?

1.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 530585's dividend (1.43%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).

High Dividend: 530585's dividend (1.43%) is low compared to the top 25% of dividend payers in the Indian market (2.29%).


Stability and Growth of Payments

Stable Dividend: 530585's dividends per share have been stable in the past 10 years.

Growing Dividend: 530585's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (7.4%), 530585's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.2yrs

Average board tenure


CEO

Sunil Nyati (58 yo)

28.75yrs

Tenure

₹3,751,200

Compensation

Mr. Sunil Nyati serves as the Managing Director of Swastika Investmart Limited. Mr. Nyati has more than 15 years of experience in capital markets. His values of integrity and transparency have been inculca ...


CEO Compensation Analysis

Compensation vs Market: Sunil's total compensation ($USD50.74K) is about average for companies of similar size in the Indian market ($USD54.75K).

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


Board Members

NamePositionTenureCompensationOwnership
Sunil Nyati
MD & Whole-time Director28.75yrs₹3.75m16.88%
₹ 36.0m
Anita Nyati
Whole Time Director12.17yrs₹1.95m10.07%
₹ 21.5m
Raman Bhutda
Independent Non Executive Director13yrs₹7.50k0.084%
₹ 180.0k
Chandra Bobra
Independent Non Executive Director3.17yrs₹20.00kno data
Sunil Chordia
Independent Non Executive Director6.17yrsno datano data

9.2yrs

Average Tenure

58yo

Average Age

Experienced Board: 530585's board of directors are considered experienced (9.2 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

Swastika Investmart Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Swastika Investmart Limited
  • Ticker: 530585
  • Exchange: BSE
  • Founded: 1992
  • Industry: Other Diversified Financial Services
  • Sector: Diversified Financials
  • Market Cap: ₹213.098m
  • Shares outstanding: 2.96m
  • Website: https://www.swastika.co.in

Location

  • Swastika Investmart Limited
  • 48, Jaora Compound
  • M.Y.H. Road
  • Indore
  • Madhya Pradesh
  • 452001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530585BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2005

Biography

Swastika Investmart Limited engages in stock broking and merchant banking activities in India. The company offers stock, futures, options, currency, and commodity trading services; stock research services; ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 12:35
End of Day Share Price2020/10/27 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.