BSE:519566

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Executive Summary

Simran Farms Limited engages in the integrated poultry and poultry farming activities primarily in India.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Simran Farms's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 519566's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.7%

519566

1.2%

IN Food

-0.3%

IN Market


1 Year Return

-36.8%

519566

36.8%

IN Food

2.0%

IN Market

Return vs Industry: 519566 underperformed the Indian Food industry which returned 37% over the past year.

Return vs Market: 519566 underperformed the Indian Market which returned 1.6% over the past year.


Shareholder returns

519566IndustryMarket
7 Day0.7%1.2%-0.3%
30 Day-12.4%4.5%3.8%
90 Day-8.1%13.6%19.7%
1 Year-36.8%-36.8%38.9%36.8%3.9%2.0%
3 Year-64.2%-64.2%69.2%64.2%-0.6%-5.3%
5 Year-33.1%-33.1%122.5%112.2%27.0%17.4%

Price Volatility Vs. Market

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


Simply Wall St News

2 years ago | Simply Wall St

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Valuation

Is Simran Farms undervalued compared to its fair value and its price relative to the market?

2.45x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 519566's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 519566's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 519566 is unprofitable, so we can't compare its PE Ratio to the IN Food industry average.

PE vs Market: 519566 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 519566's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 519566 is overvalued based on its PB Ratio (2.4x) compared to the IN Food industry average (1x).


Next Steps

Future Growth

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

16.3%

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 Simran Farms 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 Simran Farms performed over the past 5 years?

-20.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 519566 is currently unprofitable.

Growing Profit Margin: 519566 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 519566 is unprofitable, and losses have increased over the past 5 years at a rate of 20.3% per year.

Accelerating Growth: Unable to compare 519566's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 519566 is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (12.4%).


Return on Equity

High ROE: 519566 has a negative Return on Equity (-456.7%), as it is currently unprofitable.


Next Steps

Financial Health

How is Simran Farms's financial position?


Financial Position Analysis

Short Term Liabilities: 519566's short term assets (₹626.9M) do not cover its short term liabilities (₹843.0M).

Long Term Liabilities: 519566's short term assets (₹626.9M) exceed its long term liabilities (₹25.0M).


Debt to Equity History and Analysis

Debt Level: 519566's debt to equity ratio (625.8%) is considered high.

Reducing Debt: 519566's debt to equity ratio has increased from 178.1% to 625.8% over the past 5 years.

Debt Coverage: 519566's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 519566's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Simran Farms's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 519566's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 519566's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 519566's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 519566's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 519566 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 519566's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

6.0yrs

Average management tenure


CEO

Harender Bhatia (68 yo)

no data

Tenure

₹3,000,000

Compensation

Mr. Harender Singh Bhatia serves as the Chairman, Chief Executive Officer and Managing Director of Simran Farms Ltd. and served as Compliance Officer. He has been a Director of Simran Farms Limited since O ...


CEO Compensation Analysis

Compensation vs Market: Harender's total compensation ($USD39.89K) is about average for companies of similar size in the Indian market ($USD49.43K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Harender Bhatia
Chairmanno data₹3.00m8.45%
₹ 8.7m
Mahesh Patidar
Chief Finance Officer6yrs₹821.00kno data
Avneet Bhatia
Vice President of Operations7.33yrsno data0.39%
₹ 395.7k
Tanu Parmar
Company Secretary & Compliance Officer 5.42yrs₹330.00kno data
Gurmeet Bhatia
Vice President of Marketingno datano data5.16%
₹ 5.3m
Kawaljeet Bhatia
Whole Time Director18.33yrs₹2.70m4.12%
₹ 4.2m
Munikant Rawat
Chief Production Managerno data₹1.17mno data
Amarjeet Bhatia
General Manager of Productionno datano data5.38%
₹ 5.5m

6.0yrs

Average Tenure

55yo

Average Age

Experienced Management: 519566's management team is seasoned and experienced (6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Harender Bhatia
Chairmanno data₹3.00m8.45%
₹ 8.7m
Kawaljeet Bhatia
Whole Time Director18.33yrs₹2.70m4.12%
₹ 4.2m
Gurdeep Bhatia
Non-Executive Non-Independent Director31.75yrsno data5.79%
₹ 5.9m
Surjit Kohli
Independent Director2.08yrsno datano data
Surendra Singh
Independent Non-Executive Director26.33yrsno data0.040%
₹ 41.3k
Jasmeet Bhatia
Independent Non-Executive Director6yrsno datano data

18.3yrs

Average Tenure

64yo

Average Age

Experienced Board: 519566's board of directors are seasoned and experienced ( 18.3 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

Simran Farms Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Simran Farms Limited
  • Ticker: 519566
  • Exchange: BSE
  • Founded: 1984
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹102.755m
  • Shares outstanding: 3.79m
  • Website: https://www.simranfarms.com

Location

  • Simran Farms Limited
  • 1-B, Vikas Rekha Complex
  • Tower Square
  • Indore
  • Madhya Pradesh
  • 452001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
519566BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2002

Biography

Simran Farms Limited engages in the integrated poultry and poultry farming activities primarily in India. It offers broilers. The company was incorporated in 1984 and is based in Indore, India.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 12:35
End of Day Share Price2020/08/04 00:00
Earnings2020/03/31
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.