NSEI:UMANGDAIRY

Stock Analysis Report

Executive Summary

Umang Dairies Limited provides dairy products in India.


Snowflake Analysis

Excellent balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Umang Dairies's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

5.4%

UMANGDAIRY

0.8%

IN Food

-3.9%

IN Market


1 Year Return

-36.6%

UMANGDAIRY

-1.4%

IN Food

-32.2%

IN Market

Return vs Industry: UMANGDAIRY underperformed the Indian Food industry which returned -0% over the past year.

Return vs Market: UMANGDAIRY underperformed the Indian Market which returned -30.7% over the past year.


Shareholder returns

UMANGDAIRYIndustryMarket
7 Day5.4%0.8%-3.9%
30 Day6.6%-14.5%-26.8%
90 Day-18.7%-10.9%-31.7%
1 Year-35.9%-36.6%0.05%-1.4%-30.8%-32.2%
3 Year-54.3%-55.0%46.3%41.8%-19.5%-23.8%
5 Yearn/a83.3%74.3%-10.0%-14.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Umang Dairies 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: UMANGDAIRY (₹35.4) is trading below our estimate of fair value (₹170.68)

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


Price To Earnings Ratio

PE vs Industry: UMANGDAIRY is poor value based on its PE Ratio (22.2x) compared to the Food industry average (10.3x).

PE vs Market: UMANGDAIRY is poor value based on its PE Ratio (22.2x) compared to the Indian market (9.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: UMANGDAIRY is overvalued based on its PB Ratio (1.3x) compared to the IN Food industry average (0.8x).


Next Steps

Future Growth

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

20.7%

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 Umang Dairies 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 Umang Dairies performed over the past 5 years?

-9.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UMANGDAIRY has high quality earnings.

Growing Profit Margin: UMANGDAIRY's current net profit margins (1.4%) are lower than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: UMANGDAIRY's earnings have declined by -9.7% per year over the past 5 years.

Accelerating Growth: UMANGDAIRY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: UMANGDAIRY had negative earnings growth (-62.7%) over the past year, making it difficult to compare to the Food industry average (20.6%).


Return on Equity

High ROE: UMANGDAIRY's Return on Equity (6.1%) is considered low.


Next Steps

Financial Health

How is Umang Dairies's financial position?


Financial Position Analysis

Short Term Liabilities: UMANGDAIRY's short term assets (₹369.2M) exceed its short term liabilities (₹367.4M).

Long Term Liabilities: UMANGDAIRY's short term assets (₹369.2M) exceed its long term liabilities (₹265.5M).


Debt to Equity History and Analysis

Debt Level: UMANGDAIRY's debt to equity ratio (24.7%) is considered satisfactory.

Reducing Debt: UMANGDAIRY's debt to equity ratio has increased from 17.2% to 24.7% over the past 5 years.

Debt Coverage: UMANGDAIRY's debt is well covered by operating cash flow (185.1%).

Interest Coverage: UMANGDAIRY's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet

Inventory Level: UMANGDAIRY has a high level of physical assets or inventory.

Debt Coverage by Assets: UMANGDAIRY's debt is covered by short term assets (assets are 2.6x debt).


Next Steps

Dividend

What is Umang Dairies's current dividend yield, its reliability and sustainability?

1.45%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UMANGDAIRY's dividend (1.45%) is higher than the bottom 25% of dividend payers in the Indian market (0.95%).

High Dividend: UMANGDAIRY's dividend (1.45%) is low compared to the top 25% of dividend payers in the Indian market (4.06%).


Stability and Growth of Payments

Stable Dividend: UMANGDAIRY has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: UMANGDAIRY has only been paying a dividend for 7 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.2%), UMANGDAIRY's dividend payments are well 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

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

5.1yrs

Average board tenure


CEO

Manish Bandlish (49yo)

1.83s

Tenure

₹10,984,000

Compensation

Mr. Manish Bandlish has been the Chief Executive Officer of Umang Dairies Ltd. since June 11, 2018 and its Director since July 24, 2019. Mr. Bandlish has 26 years of rich experience. He served as Director  ...


CEO Compensation Analysis

Compensation vs Market: Manish's total compensation ($USD143.76K) is above average for companies of similar size in the Indian market ($USD47.81K).

Compensation vs Earnings: Insufficient data to compare Manish's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Manish Bandlish
CEO & Director1.83yrs₹10.98mno data
Ram Periwal
Non-Executive Independent Director18.58yrs₹470.00kno data
Desh Doda
Non-Executive Non-Independent Directorno data₹543.00k0.00023% 1.7k
Ratan Jain
Non-Executive Independent Director18.58yrs₹400.00k0.00045% 3.4k
Sharda Singhania
Non-Executive Non-Independent Director5.08yrs₹560.00kno data
Amar Mehta
Additional Independent Director0.75yrno datano data

5.1yrs

Average Tenure

66.5yo

Average Age

Experienced Board: UMANGDAIRY's board of directors are considered experienced (5.1 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

Umang Dairies Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Umang Dairies Limited
  • Ticker: UMANGDAIRY
  • Exchange: NSEI
  • Founded: 1992
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹758.010m
  • Shares outstanding: 22.00m
  • Website: https://www.umangdairies.com

Number of Employees


Location

  • Umang Dairies Limited
  • Gulab Bhawan
  • 3rd Floor
  • New Delhi
  • Delhi
  • 110002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500231BSE (Mumbai Stock Exchange)YesEquity SharesININROct 1996
UMANGDAIRYNSEI (National Stock Exchange of India)YesEquity SharesININROct 1996

Biography

Umang Dairies Limited provides dairy products in India. The company offers skimmed milk powder, whole milk powder, dairy powder, sterilized paneer, dairy creamers, ghee, and butter under the White Magik, Milk Star, Umang, and Dairy Top brand names. It also provides pre-mix powder for tea and coffee vending machines. The company also exports its products. Umang Dairies Limited was incorporated in 1992 and is headquartered in New Delhi, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/03 14:19
End of Day Share Price2020/04/03 00:00
Earnings2019/12/31
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.