BSE:516016

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Shreyans Industries

Executive Summary

Shreyans Industries Limited manufactures and sells writing and printing papers, newsprint, and industrial and specialty papers in India and internationally.


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 516016 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.6%

516016

2.7%

IN Forestry

1.1%

IN Market


1 Year Return

-43.9%

516016

-40.7%

IN Forestry

-6.0%

IN Market

Return vs Industry: 516016 underperformed the Indian Forestry industry which returned -40.7% over the past year.

Return vs Market: 516016 underperformed the Indian Market which returned -6% over the past year.


Shareholder returns

516016IndustryMarket
7 Day-1.6%2.7%1.1%
30 Day-6.8%8.5%6.2%
90 Day-6.0%10.2%18.2%
1 Year-42.4%-43.9%-24.7%-40.7%-4.1%-6.0%
3 Year-51.4%-55.2%-38.6%-53.5%0.2%-4.5%
5 Year134.4%105.9%5.5%-23.5%24.5%14.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

44.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 516016 (₹78.05) is trading below our estimate of fair value (₹139.6)

Significantly Below Fair Value: 516016 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 516016 is good value based on its PE Ratio (3.4x) compared to the IN Forestry industry average (7.8x).

PE vs Market: 516016 is good value based on its PE Ratio (3.4x) compared to the Indian market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 516016's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 516016 is good value based on its PB Ratio (0.5x) compared to the IN Forestry industry average (0.7x).


Next Steps

Future Growth

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

19.5%

Forecasted Materials 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 Shreyans 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.


Next Steps

Past Performance

How has Shreyans Industries performed over the past 5 years?

32.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 516016 has a large one-off loss of ₹119.4M impacting its March 31 2020 financial results.

Growing Profit Margin: 516016's current net profit margins (5.9%) are lower than last year (8.2%).


Past Earnings Growth Analysis

Earnings Trend: 516016's earnings have grown significantly by 32.2% per year over the past 5 years.

Accelerating Growth: 516016's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 516016 had negative earnings growth (-31.9%) over the past year, making it difficult to compare to the Forestry industry average (-10.5%).


Return on Equity

High ROE: 516016's Return on Equity (14.8%) is considered low.


Next Steps

Financial Health

How is Shreyans Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 516016's short term assets (₹1.6B) exceed its short term liabilities (₹1.1B).

Long Term Liabilities: 516016's short term assets (₹1.6B) exceed its long term liabilities (₹610.5M).


Debt to Equity History and Analysis

Debt Level: 516016's debt to equity ratio (23.5%) is considered satisfactory.

Reducing Debt: 516016's debt to equity ratio has reduced from 47.3% to 23.5% over the past 5 years.

Debt Coverage: 516016's debt is well covered by operating cash flow (104.6%).

Interest Coverage: 516016's interest payments on its debt are well covered by EBIT (9.4x coverage).


Balance Sheet


Next Steps

Dividend

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

3.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 516016's dividend (3.84%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).

High Dividend: 516016's dividend (3.84%) is in the top 25% of dividend payers in the Indian market (2.73%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 516016 has been paying a dividend for less than 10 years.

Growing Dividend: 516016's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13%), 516016's dividend payments are thoroughly 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?

6.2yrs

Average management tenure


CEO

Anil Kumar (70yo)

6.17yrs

Tenure

₹15,099,000

Compensation

Mr. Anil Kumar has been the Chief Executive Officer at Shreyans Industries Limited since August 13, 2014. Mr. Kumar has been the Finance Manager of Vardhman Spinning & General Mills Limited and has vast ex ...


CEO Compensation Analysis

Compensation vs Market: Anil's total compensation ($USD200.88K) is above average for companies of similar size in the Indian market ($USD48.72K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Rajneesh Oswal
Chairman & MD13.33yrs₹35.41m0.48% 5.2m
Anil Kumar
CEO & Executive Director6.17yrs₹15.10mno data
Vishal Oswal
Vice Chairman & MD13.33yrs₹35.40mno data
Ashok Goyal
President2.25yrsno datano data
Rakesh Mahajan
Chief Financial Officer6.17yrs₹1.51mno data
Ruchita Vij
Compliance Officer & Secretary2.92yrs₹718.00kno data
Kunal Oswal
Whole Time Director11.83yrs₹2.88m0.62% 6.7m
Arun Kapoor
Senior Vice President32.67yrsno datano data
Jagdeesa Panchami
Vice Presidentno datano datano data
Jitender Gautam
Vice Presidentno datano datano data

6.2yrs

Average Tenure

61yo

Average Age

Experienced Management: 516016's management team is seasoned and experienced (6.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rajneesh Oswal
Chairman & MD13.33yrs₹35.41m0.48% 5.2m
Anil Kumar
CEO & Executive Director6.17yrs₹15.10mno data
Vishal Oswal
Vice Chairman & MD13.33yrs₹35.40mno data
Kunal Oswal
Whole Time Director11.83yrs₹2.88m0.62% 6.7m
Ajay Chakraborty
Independent Director15yrs₹55.00kno data
Nandagiri Rao
Independent Director16.58yrs₹45.00kno data
Pratibha Goyal
Independent Director4.17yrs₹70.00kno data
Ramesh Juneja
Additional Non-Executive Independent Director0.67yrno datano data
Prem Kumar
Additional Non Executive Independent Director1.17yrsno datano data

13.3yrs

Average Tenure

67yo

Average Age

Experienced Board: 516016's board of directors are seasoned and experienced ( 13.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Shreyans Industries Limited
  • Ticker: 516016
  • Exchange: BSE
  • Founded: 1979
  • Industry: Paper Products
  • Sector: Materials
  • Market Cap: ₹1.079b
  • Shares outstanding: 13.83m
  • Website: https://www.shreyansgroup.com

Number of Employees


Location

  • Shreyans Industries Limited
  • Chandigarh Road
  • PO Sahabana
  • Ludhiana
  • Punjab
  • 141123
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
516016BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 1996
SHREYANINDNSEI (National Stock Exchange of India)YesEquity SharesININRNov 1996

Biography

Shreyans Industries Limited manufactures and sells writing and printing papers, newsprint, and industrial and specialty papers in India and internationally. The company offers a range of 44 GSM to 200 GSM paper products, such as high brightness, cream wove, colored, duplicating, surface sized printing, azure laid, maplitho, stamp, inland letter, postal envelope, offset, cover, super calendared, rail ticket, and super printing paper products. It serves publishers, copy manufacturers, job printers, various states text book boards, exporters of notebooks and diaries, printing and stationary department, railways, P&T departments, security press, etc. The company was formerly known as Shreyans Paper Mills Ltd. and changed its name to Shreyans Industries Limited in October 1992. Shreyans Industries Limited was founded in 1979 and is based in Ludhiana, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/11 12:54
End of Day Share Price2020/07/10 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.