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Market Cap

₹1.0b

Last Updated

2021/04/10 12:33 UTC

Data Sources

Company Financials

Executive Summary

Sayaji Industries Limited manufactures and sells starches, and its derivatives and other products in India and internationally. More Details


Snowflake Analysis

Good value with mediocre balance sheet.

Share Price & News

How has Sayaji Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 540728 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 540728's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

0.4%

540728

4.0%

IN Food

1.0%

IN Market


1 Year Return

92.7%

540728

37.9%

IN Food

72.2%

IN Market

Return vs Industry: 540728 exceeded the Indian Food industry which returned 37.8% over the past year.

Return vs Market: 540728 exceeded the Indian Market which returned 72.1% over the past year.


Shareholder returns

540728IndustryMarket
7 Day0.4%4.0%1.0%
30 Day2.1%4.4%-0.4%
90 Day21.6%2.1%6.7%
1 Year92.7%92.7%40.3%37.9%74.9%72.2%
3 Year-34.6%-36.0%47.6%42.3%28.0%21.6%
5 Yearn/a178.4%163.6%87.4%73.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Sayaji Industries undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 540728 (₹164.1) is trading below our estimate of fair value (₹860.98)

Significantly Below Fair Value: 540728 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 540728 is good value based on its PE Ratio (11.9x) compared to the IN Food industry average (16.4x).

PE vs Market: 540728 is good value based on its PE Ratio (11.9x) compared to the Indian market (18.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 540728's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 540728's PB Ratio (1.3x) is in line with the IN Food industry average.


Future Growth

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

15.2%

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 Sayaji Industries 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.


Past Performance

How has Sayaji Industries performed over the past 5 years?

-9.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 540728 has high quality earnings.

Growing Profit Margin: 540728 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 540728's earnings have declined by 9.1% per year over the past 5 years.

Accelerating Growth: 540728 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 540728 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (19.1%).


Return on Equity

High ROE: 540728's Return on Equity (11.1%) is considered low.


Financial Health

How is Sayaji Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 540728's short term assets (₹1.1B) do not cover its short term liabilities (₹1.9B).

Long Term Liabilities: 540728's short term assets (₹1.1B) exceed its long term liabilities (₹636.4M).


Debt to Equity History and Analysis

Debt Level: 540728's debt to equity ratio (156.7%) is considered high.

Reducing Debt: 540728's debt to equity ratio has reduced from 198.2% to 156.7% over the past 5 years.

Debt Coverage: 540728's debt is well covered by operating cash flow (59.5%).

Interest Coverage: 540728's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


Dividend

What is Sayaji Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 540728's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 540728'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 540728's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 540728's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 540728 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 540728'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?

9.8yrs

Average management tenure


CEO

Priyam Mehta

38.42yrs

Tenure

₹11,791,000

Compensation

Mr. Priyam Bipinbhai Mehta serves as the Chairman and Managing Director of Sayaji Industries Ltd. Mr. Mehta joined the company in 1982 and has more than 36 years of experience in corn wet milling industry....


CEO Compensation Analysis

Compensation vs Market: Priyam's total compensation ($USD158.06K) is above average for companies of similar size in the Indian market ($USD41.25K).

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


Leadership Team

Experienced Management: 540728's management team is seasoned and experienced (9.8 years average tenure).


Board Members

Experienced Board: 540728's board of directors are seasoned and experienced ( 10 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

Sayaji Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sayaji Industries Limited
  • Ticker: 540728
  • Exchange: BSE
  • Founded: 1941
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹1.037b
  • Shares outstanding: 6.32m
  • Website: https://www.sayajigroup.in

Number of Employees


Location

  • Sayaji Industries Limited
  • P.O. Kathwada
  • Chinubhai Nagar
  • Ahmedabad
  • Gujarat
  • 382430
  • India

Listings


Biography

Sayaji Industries Limited manufactures and sells starches, and its derivatives and other products in India and internationally. The company offers modified starches; derivative products, including liquid g...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/10 12:33
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
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.