BSE:530585

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Good value with acceptable track record.


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


Market Performance


7 Day Return

8.5%

530585

5.5%

IN Diversified Financial

3.8%

IN Market


1 Year Return

-18.5%

530585

3.5%

IN Diversified Financial

6.0%

IN Market

Return vs Industry: 530585 underperformed the Indian Diversified Financial industry which returned 3.5% over the past year.

Return vs Market: 530585 underperformed the Indian Market which returned 6% over the past year.


Shareholder returns

530585IndustryMarket
7 Day8.5%5.5%3.8%
30 Day-3.8%-1.6%2.9%
90 Day9.8%-8.4%2.9%
1 Year-16.6%-18.5%5.7%3.5%8.2%6.0%
3 Year2.1%-2.5%2.8%-5.7%23.0%16.7%
5 Year55.5%41.5%21.4%-5.6%43.6%30.0%

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

Valuation

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

42.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 530585 (₹55.45) is trading below our estimate of fair value (₹97.02)

Significantly Below Fair Value: 530585 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 530585 is good value based on its PE Ratio (4.4x) compared to the Diversified Financial industry average (13.8x).

PE vs Market: 530585 is good value based on its PE Ratio (4.4x) compared to the Indian market (13.1x).


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 (0.6x) 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?

-12.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 530585's earnings are forecast to decline over the next 3 years (-12.4% per year).

Earnings vs Market: 530585's earnings are forecast to decline over the next 3 years (-12.4% per year).

High Growth Earnings: 530585's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if 530585's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 530585's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 530585's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Swastika Investmart performed over the past 5 years?

14.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 530585's earnings have grown by 14.2% per year over the past 5 years.

Accelerating Growth: 530585's earnings growth over the past year (32.6%) exceeds its 5-year average (14.2% per year).

Earnings vs Industry: 530585 earnings growth over the past year (32.6%) exceeded the Diversified Financial industry 12.3%.


Return on Equity

High ROE: 530585's Return on Equity (13.1%) is considered low.


Return on Assets

ROA vs Industry: 530585's Return on Assets is below or equal to the Diversified Financial industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate 530585's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Swastika Investmart'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: 530585 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 530585's debt is covered by short term assets (assets are 3.097770x debt).


Financial Institutions Analysis

Asset Level: 530585's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if 530585 has a sufficient allowance for bad loans.

Low Risk Liabilities: 530585 reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if 530585 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 530585 has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if 530585 has an appropriate level of bad loans.


Next Steps

Dividend

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

1.80%

Current Dividend Yield


Dividend Yield vs Market

company1.8%marketbottom25%0.6%markettop25%2.4%industryaverage3.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 530585's dividend (1.8%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 530585's dividend (1.8%) is low compared to the top 25% of dividend payers in the Indian market (2.42%).

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 (7.9%), 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

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

11.2yrs

Average board tenure


CEO

Sunil Nyati (57yo)

27.8yrs

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: Insufficient data to establish whether Sunil's total compensation is reasonable compared to companies of similar size in the Indian market.

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


Board Age and Tenure

11.2yrs

Average Tenure

58yo

Average Age

Experienced Board: 530585's board of directors are seasoned and experienced ( 11.2 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

  • Sunil Nyati (57yo)

    MD & Whole-time Director

    • Tenure: 27.8yrs
    • Compensation: ₹3.75m
  • Vineet Rathi (43yo)

    Vice President of Marketing

    • Tenure: 0yrs
  • Anita Nyati (54yo)

    Whole Time Director

    • Tenure: 11.2yrs
    • Compensation: ₹1.95m
  • Parth Nyati (30yo)

    Chief Financial Officer

    • Tenure: 5.2yrs
    • Compensation: ₹1.80m
  • Shikha Bansal

    Company Secretary & Compliance Officer

    • Tenure: 0yrs
    • Compensation: ₹403.31k
  • J. Kumar (39yo)

    Regional Head

    • Tenure: 0yrs
  • Saurabh Nuwal (43yo)

    Zonal Business Head

    • Tenure: 0yrs
  • Vijay Jain (48yo)

    Assistant Vice President

    • Tenure: 0yrs
    • Compensation: ₹624.38k
  • Madhu Sharma (36yo)

    Manager of Operations

    • Tenure: 0yrs

Board Members

  • Sunil Nyati (57yo)

    MD & Whole-time Director

    • Tenure: 27.8yrs
    • Compensation: ₹3.75m
  • Anil Nyati (59yo)

    Non-Executive Director

    • Tenure: 16yrs
    • Compensation: ₹1.78m
  • Raman Bhutda (71yo)

    Independent Non Executive Director

    • Tenure: 12yrs
    • Compensation: ₹10.00k
  • Anita Nyati (54yo)

    Whole Time Director

    • Tenure: 11.2yrs
    • Compensation: ₹1.95m
  • Chandra Bobra (62yo)

    Independent Non Executive Director

    • Tenure: 2.2yrs
  • Sunil Chordia (56yo)

    Independent Non Executive Director

    • Tenure: 5.2yrs

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: ₹164.115m
  • 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 trading services, such as stock, futures, options, currency, and commodity trading services ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 12:30
End of Day Share Price2019/10/18 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.