BSE:506222

Stock Analysis Report

INEOS Styrolution India

Executive Summary

INEOS Styrolution India Limited engages in the manufacture, trading, and sale of engineering thermoplastics in India and internationally.

Snowflake

Fundamentals

Moderate growth potential with imperfect balance sheet.

Risks

  • INEOS Styrolution India has significant price volatility in the past 3 months.
  • INEOS Styrolution India is not covered by any analysts.

Similar Companies

Share Price & News

How has INEOS Styrolution India's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

52.3%

BSE:506222

-1.3%

IN Chemicals

-2.3%

IN Market


1 Year Return

-23.2%

BSE:506222

-5.8%

IN Chemicals

-14.6%

IN Market

506222 underperformed the Chemicals industry which returned -7% over the past year.

506222 underperformed the Market in India which returned -15.9% over the past year.


Share holder returns

506222IndustryMarket
7 Day52.3%-1.3%-2.3%
30 Day47.2%-0.4%-4.0%
90 Day24.0%-5.7%-10.1%
1 Year-22.8%-23.2%-4.8%-5.8%-12.9%-14.6%
3 Year5.6%4.1%31.2%27.3%17.9%11.8%
5 Year1.2%-1.5%119.8%107.9%35.9%23.2%

Price Volatility Vs. Market

How volatile is INEOS Styrolution India's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is INEOS Styrolution India undervalued based on future cash flows and its price relative to the stock market?

1.67x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

INEOS Styrolution India is loss making, we can't compare its value to the IN Chemicals industry average.

INEOS Styrolution India is loss making, we can't compare the value of its earnings to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for INEOS Styrolution India, we can't assess if its growth is good value.


Price Based on Value of Assets

INEOS Styrolution India is overvalued based on assets compared to the IN Chemicals industry average.


Next Steps

Future Growth

How is INEOS Styrolution India expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

30.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if INEOS Styrolution India is high growth as no revenue estimate data is available.

INEOS Styrolution India's earnings are expected to grow significantly at over 20% yearly.

Unable to compare INEOS Styrolution India's revenue growth to the India market average as no estimate data is available.

INEOS Styrolution India's earnings growth is expected to exceed the India market average.

INEOS Styrolution India's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if INEOS Styrolution India will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has INEOS Styrolution India performed over the past 5 years?

-1.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

INEOS Styrolution India does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare INEOS Styrolution India's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare INEOS Styrolution India's 1-year growth to the IN Chemicals industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if INEOS Styrolution India has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if INEOS Styrolution India has efficiently used its assets last year compared to the IN Chemicals industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if INEOS Styrolution India improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is INEOS Styrolution India's financial position?


Financial Position Analysis

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

INEOS Styrolution India's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

INEOS Styrolution India's level of debt (42.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (29.4% vs 42.6% today).

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

Unable to confirm if the interest payments on INEOS Styrolution India's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.5x debt.


Next Steps

Dividend

What is INEOS Styrolution India's current dividend yield, its reliability and sustainability?

0.34%

Current Dividend Yield


Dividend Yield and Payments Analysis

INEOS Styrolution India's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.65%).

INEOS Styrolution India's dividend is below the markets top 25% of dividend payers in India (2.67%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


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 INEOS Styrolution India's salary, the management and board of directors tenure and is there insider trading?

1.6yrs

Average management tenure


CEO

Sanjiv Vasudeva (51yo)

3.0yrs

Tenure

₹25,333,769

Compensation

Mr. Sanjiv Vasudeva has been the has been Chief Executive Officer of INEOS Styrolution India Limited since August 18, 2016. Mr. Vasudeva has been Managing Director and Director of INEOS Styrolution India L ...


CEO Compensation Analysis

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

Sanjiv's compensation has increased whilst company is loss making.


Management Age and Tenure

1.6yrs

Average Tenure

51yo

Average Age

The average tenure for the INEOS Styrolution India management team is less than 2 years, this suggests a new team.


Board Age and Tenure

3.3yrs

Average Tenure

52yo

Average Age

The tenure for the INEOS Styrolution India board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Abhijaat Sinha

    Head of Legal & Company Secretary

    • Tenure: 0.0yrs
    • Compensation: ₹4.48m
  • L. Sundar (69yo)

    Executive Vice President of Marketing

    • Tenure: 0.0yrs
    • Compensation: ₹2.89k
  • Sanjeev Madan (48yo)

    Chief Financial Officer

    • Tenure: 1.6yrs
    • Compensation: ₹7.59m
  • Sanjiv Vasudeva (51yo)

    CEO, MD & Executive Director

    • Tenure: 3.0yrs
    • Compensation: ₹25.33m
  • Nithan Duggal

    Head of Operations & Whole Time Director

    • Tenure: 2.0yrs
    • Compensation: ₹8.47m
  • Amita Mistry

    Compliance Officer

    • Tenure: 0.8yrs

Board Members

  • Jal Patel (82yo)

    Independent Director

    • Tenure: 13.7yrs
    • Compensation: ₹520.00k
  • Anil Shankar (66yo)

    Non-Executive & Independent Director

    • Tenure: 3.0yrs
    • Compensation: ₹480.00k
  • Steve Harrington (51yo)

    Chairman of the Board

    • Tenure: 4.3yrs
  • Ryna Karani (52yo)

    Non-Executive & Independent Director

    • Tenure: 3.3yrs
    • Compensation: ₹310.00k
  • Sanjiv Vasudeva (51yo)

    CEO, MD & Executive Director

    • Tenure: 3.0yrs
    • Compensation: ₹25.33m
  • Nithan Duggal

    Head of Operations & Whole Time Director

    • Tenure: 2.0yrs
    • Compensation: ₹8.47m

Company Information

INEOS Styrolution India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: INEOS Styrolution India Limited
  • Ticker: 506222
  • Exchange: BSE
  • Founded: 1973
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: ₹10.485b
  • Shares outstanding: 17.59m
  • Website: https://www.ineosstyrolutionindia.com

Number of Employees


Location

  • INEOS Styrolution India Limited
  • ABS Towers
  • 6th Floor
  • Vadodara
  • Gujarat
  • 390007
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
506222BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 1996
INEOSSTYRONSEI (National Stock Exchange of India)YesEquity SharesININRMay 1996

Biography

INEOS Styrolution India Limited engages in the manufacture, trading, and sale of engineering thermoplastics in India and internationally. The company’s products include Absolac, a plastic resin that is use ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 12:39
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.