Ajanta Soya Limited manufactures and sells vanaspati and refined oils in India.
Flawless balance sheet and undervalued.
Share Price & News
How has Ajanta Soya's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 519216's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 519216 exceeded the Indian Food industry which returned -3.1% over the past year.
Return vs Market: 519216 exceeded the Indian Market which returned -29.2% over the past year.
Price Volatility Vs. Market
How volatile is Ajanta Soya's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Ajanta Soya undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 519216 (₹21.9) is trading below our estimate of fair value (₹116.23)
Significantly Below Fair Value: 519216 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 519216 is good value based on its PE Ratio (2.8x) compared to the Food industry average (10.3x).
PE vs Market: 519216 is good value based on its PE Ratio (2.8x) compared to the Indian market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 519216's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 519216 is good value based on its PB Ratio (0.7x) compared to the IN Food industry average (0.7x).
How is Ajanta Soya forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Food, Beverage & Tobacco 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 Ajanta Soya 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 whether Ajanta Soya is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Ajanta Soya competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
How has Ajanta Soya performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 519216 has a large one-off gain of ₹50.6M impacting its December 31 2019 financial results.
Growing Profit Margin: 519216 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 519216's earnings have declined by -3% per year over the past 5 years.
Accelerating Growth: 519216 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 519216 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (20.6%).
Return on Equity
High ROE: 519216's Return on Equity (25%) is considered high.
How is Ajanta Soya's financial position?
Financial Position Analysis
Short Term Liabilities: 519216's short term assets (₹962.0M) exceed its short term liabilities (₹807.8M).
Long Term Liabilities: 519216's short term assets (₹962.0M) exceed its long term liabilities (₹52.1M).
Debt to Equity History and Analysis
Debt Level: 519216's debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: 519216's debt to equity ratio has reduced from 35.8% to 21.5% over the past 5 years.
Debt Coverage: 519216's debt is well covered by operating cash flow (200.9%).
Interest Coverage: 519216's interest payments on its debt are well covered by EBIT (9.1x coverage).
Inventory Level: 519216 has a high level of physical assets or inventory.
Debt Coverage by Assets: 519216's debt is covered by short term assets (assets are 8.9x debt).
What is Ajanta Soya's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 519216's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 519216's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 519216's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 519216's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 519216'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 management tenure
Sushil Goyal (58yo)
Mr. Sushil Goyal has been the Managing Director of Ajanta Soya Limited since July 27, 2003 and its Executive Director since June 3, 1992. Mr. Goyal serves as the Chairman of Ajanta Soya Limited. He has ove ...
CEO Compensation Analysis
Compensation vs Market: Sushil's total compensation ($USD39.80K) is about average for companies of similar size in the Indian market ($USD48.50K).
Compensation vs Earnings: Sushil's compensation has been consistent with company performance over the past year.
|Chairman & MD||16.67yrs||₹3.00m||5.34% ₹18.8m|
|CFO & Manager of Accounts||5.83yrs||no data||no data|
|Compliance Officer & Company Secretary||4.5yrs||no data||no data|
|Senior Manager of Admin & Liaison||no data||no data||no data|
|General Manager of Sales & Marketing||no data||no data||no data|
|Deputy Manager of HR||no data||no data||no data|
|Plant Maintenance Head||no data||no data||no data|
|Regional Sales Manager||10.25yrs||no data||no data|
Experienced Management: 519216's management team is seasoned and experienced (8 years average tenure).
|Chairman & MD||16.67yrs||₹3.00m||5.34% ₹18.8m|
|Non Executive Independent Director||17.92yrs||no data||no data|
|Non-Executive Director||11.25yrs||₹2.40m||3.7% ₹13.0m|
|Non-Executive Independent Director||6.58yrs||no data||no data|
|Non-Executive Independent Director||5yrs||no data||no data|
Experienced Board: 519216's board of directors are considered experienced (8.9 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.
Ajanta Soya Limited's company bio, employee growth, exchange listings and data sources
- Name: Ajanta Soya Limited
- Ticker: 519216
- Exchange: BSE
- Founded: 1992
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: ₹352.515m
- Shares outstanding: 16.10m
- Website: https://www.ajantasoya.com
Number of Employees
- Ajanta Soya Limited
- Bigjos Tower
- 12th Floor
- New Delhi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|519216||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Dec 2004|
Ajanta Soya Limited manufactures and sells vanaspati and refined oils in India. It also offers bakery shortening for use in bakery products, such as biscuits, puffs, pastries, and other applications. The company offers its products under the DHRUV, ANCHAL, and PARV brand names. Ajanta Soya Limited markets its products through a network of agents and dealers, as well as its depots. The company was founded in 1992 and is based in New Delhi, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 12:33|
|End of Day Share Price||2020/03/27 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.