BSE:531688

Stock Analysis Report

Executive Summary

Prithvi Exchange (India) Limited engages in foreign exchange business under the Prithvi Exchange brand name in India.

Snowflake

Fundamentals

Adequate balance sheet and fair value.

Risks

  • Prithvi Exchange (India) has significant price volatility in the past 3 months.
  • Prithvi Exchange (India) is not covered by any analysts.

Share Price & News

How has Prithvi Exchange (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-14.1%

BSE:531688

-3.6%

IN Consumer Finance

-2.1%

IN Market


1 Year Return

-49.8%

BSE:531688

-3.2%

IN Consumer Finance

-14.7%

IN Market

531688 underperformed the Consumer Finance industry which returned -3.1% over the past year.

531688 underperformed the Market in India which returned -14.6% over the past year.


Share holder returns

531688IndustryMarket
7 Day-14.1%-3.6%-2.1%
30 Day-10.2%1.9%-3.9%
90 Day-32.0%-10.2%-10.1%
1 Year-48.6%-49.8%-2.5%-3.2%-12.9%-14.7%
3 Year-19.4%-23.6%59.3%56.0%17.7%11.5%
5 Year24.9%13.2%233.9%218.2%35.4%22.5%

Price Volatility Vs. Market

How volatile is Prithvi Exchange (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Prithvi Exchange (India) undervalued based on future cash flows and its price relative to the stock market?

5.73x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Prithvi Exchange (India)'s share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Prithvi Exchange (India)'s share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Prithvi Exchange (India) is good value based on earnings compared to the IN Consumer Finance industry average.

Prithvi Exchange (India) is good value based on earnings compared to the India market.


Price Based on Expected Growth

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


Price Based on Value of Assets

Prithvi Exchange (India) is good value based on assets compared to the IN Consumer Finance industry average.


Next Steps

Future Growth

How is Prithvi Exchange (India) expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-2.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Prithvi Exchange (India) is high growth as no revenue estimate data is available.

Prithvi Exchange (India)'s earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Prithvi Exchange (India)'s revenue growth to the India market average as no estimate data is available.

Prithvi Exchange (India)'s earnings are expected to decrease over the next 1-3 years, this is below the India market average.

Prithvi Exchange (India)'s earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Prithvi Exchange (India) performed over the past 5 years?

-1.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Prithvi Exchange (India)'s year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Prithvi Exchange (India)'s 1-year earnings growth exceeds its 5-year average (21.9% vs -1.5%)

Prithvi Exchange (India)'s earnings growth has exceeded the IN Consumer Finance industry average in the past year (21.9% vs 15%).


Return on Equity

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


Return on Assets

Prithvi Exchange (India) used its assets more efficiently than the IN Consumer Finance industry average last year based on Return on Assets.


Return on Capital Employed

Prithvi Exchange (India)'s use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Prithvi Exchange (India)'s financial position?


Financial Position Analysis

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

Prithvi Exchange (India)'s cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Prithvi Exchange (India)'s level of debt (0.9%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (0% vs 0.9% today).

Operating cash flow is negative therefore debt is not well covered.

Interest payments on debt are well covered by earnings (EBIT is 93.6x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 121.8x debt.


Next Steps

Dividend

What is Prithvi Exchange (India)'s current dividend yield, its reliability and sustainability?

3.56%

Current Dividend Yield


Dividend Yield and Payments Analysis

Prithvi Exchange (India)'s pays a higher dividend yield than the bottom 25% of dividend payers in India (0.65%).

Prithvi Exchange (India)'s dividend is above the markets top 25% of dividend payers in India (2.64%).

Whilst dividend payments have been stable, Prithvi Exchange (India) has been paying a dividend for less than 10 years.

Dividend payments have increased, but Prithvi Exchange (India) only paid a dividend in the past 9 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.9x coverage).


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 Prithvi Exchange (India)'s salary, the management and board of directors tenure and is there insider trading?

4.6yrs

Average board tenure


CEO

Pavan Kavad (26yo)

0.0yrs

Tenure

₹2,400,000

Compensation

Mr. Pavan Kumar Kavad serves as Whole-time Director of Prithvi Exchange (India) Limited since February 14, 2015 and also served as its Additional Director from January 16, 2015 to February 14, 2015. Mr. Ka ...


CEO Compensation Analysis

Pavan's remuneration is higher than average for companies of similar size in India.

Pavan's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.


Board Age and Tenure

4.6yrs

Average Tenure

47yo

Average Age

The tenure for the Prithvi Exchange (India) board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Pavan Kavad (26yo)

    Whole-time Director

    • Tenure: 0.0yrs
    • Compensation: ₹2.40m
  • S. Mahesh

    Chief Financial Officer

    • Tenure: 0.0yrs
  • Prince Thomas (30yo)

    Company Secretary & Compliance Officer

    • Tenure: 0.6yrs

Board Members

  • Deendayalan Narayanaswamy

    Chairman

    • Tenure: 0.0yrs
    • Compensation: ₹36.00k
  • Pavan Kavad (26yo)

    Whole-time Director

    • Tenure: 0.0yrs
    • Compensation: ₹2.40m
  • D. Suresh Kavad (61yo)

    Non-Executive Director

    • Tenure: 5.6yrs
    • Compensation: ₹4.00k
  • Anuradha Jayaraman

    Independent Woman Director

    • Tenure: 4.6yrs
    • Compensation: ₹26.00k
  • Mahavir Khariwal (47yo)

    Independent Director

    • Tenure: 3.9yrs
    • Compensation: ₹8.00k

Company Information

Prithvi Exchange (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Prithvi Exchange (India) Limited
  • Ticker: 531688
  • Exchange: BSE
  • Founded: 1995
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹173.655m
  • Shares outstanding: 8.25m
  • Website: https://www.prithvifx.com

Number of Employees


Location

  • Prithvi Exchange (India) Limited
  • No. 11, East Spur Tank Road
  • Chetpet
  • Chennai
  • Tamil Nadu
  • 600031
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531688BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2009

Biography

Prithvi Exchange (India) Limited engages in foreign exchange business under the Prithvi Exchange brand name in India. Its products and services include buying and selling of foreign currency notes and coin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 12:33
End of Day Share Price2019/08/23 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.