BSE:540072

Stock Analysis Report

Shiva Granito Export

Executive Summary

Shiva Granito Export Limited manufactures and exports quartz stone slabs, various grades of resins, and quartz stone powder.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Shiva Granito Export's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 540072's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-9.9%

540072

0.04%

IN Basic Materials

-0.07%

IN Market


1 Year Return

-47.2%

540072

16.0%

IN Basic Materials

9.5%

IN Market

Return vs Industry: 540072 underperformed the Indian Basic Materials industry which returned 16% over the past year.

Return vs Market: 540072 underperformed the Indian Market which returned 9.5% over the past year.


Shareholder returns

540072IndustryMarket
7 Day-9.9%0.04%-0.07%
30 Day26.8%-2.0%-0.7%
90 Dayn/a6.6%3.2%
1 Year-47.2%-47.2%16.6%16.0%11.5%9.5%
3 Year-72.2%-72.2%8.4%6.6%23.6%16.7%
5 Yearn/a33.1%28.9%35.4%22.9%

Price Volatility Vs. Market

How volatile is Shiva Granito Export's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shiva Granito Export 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: 540072 (₹3.17) is trading below our estimate of fair value (₹29.27)

Significantly Below Fair Value: 540072 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 540072 is poor value based on its PE Ratio (37.4x) compared to the Basic Materials industry average (14.9x).

PE vs Market: 540072 is poor value based on its PE Ratio (37.4x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 540072's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 540072 is good value based on its PB Ratio (0.3x) compared to the IN Basic Materials industry average (0.9x).


Next Steps

Future Growth

How is Shiva Granito Export forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.6%

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 Shiva Granito Export 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 Shiva Granito Export performed over the past 5 years?

43.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 540072 has high quality earnings.

Growing Profit Margin: 540072's current net profit margins (0.6%) are lower than last year (2.1%).


Past Earnings Growth Analysis

Earnings Trend: 540072 has become profitable over the past 5 years, growing earnings by 43.5% per year.

Accelerating Growth: 540072's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 540072 had negative earnings growth (-76.7%) over the past year, making it difficult to compare to the Basic Materials industry average (21.9%).


Return on Equity

High ROE: 540072's Return on Equity (0.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Shiva Granito Export's financial position?


Financial Position Analysis

Short Term Liabilities: 540072's short term assets (₹203.2M) exceed its short term liabilities (₹80.6M).

Long Term Liabilities: 540072's short term assets (₹203.2M) exceed its long term liabilities (₹53.6M).


Debt to Equity History and Analysis

Debt Level: 540072's debt to equity ratio (42.1%) is considered high.

Reducing Debt: 540072's debt to equity ratio has reduced from 146.2% to 42.1% over the past 5 years.

Debt Coverage: 540072's debt is well covered by operating cash flow (23.2%).

Interest Coverage: 540072's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet

Inventory Level: 540072 has a high level of physical assets or inventory.

Debt Coverage by Assets: 540072's debt is covered by short term assets (assets are 3.3x debt).


Next Steps

Dividend

What is Shiva Granito Export's current dividend yield, its reliability and sustainability?

7.89%

Current Dividend Yield


Dividend Yield vs Market

company7.9%marketbottom25%0.6%markettop25%2.6%industryaverage0.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: 540072's dividend (7.89%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).

High Dividend: 540072's dividend (7.89%) is in the top 25% of dividend payers in the Indian market (2.58%)


Stability and Growth of Payments

Stable Dividend: 540072 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 540072's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (294.9%), 540072's dividend payments are not 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?

4.1yrs

Average board tenure


CEO

Suresh Upadhyay (62yo)

₹900,000

Compensation

Mr. Suresh Upadhyay is the founder of Shiva Granito Export Limited and has been its Chairman since January 1, 2016 and has been its Whole Time Director since December 31, 2015 and serves as its MD. Mr. Upa ...


CEO Compensation Analysis

Compensation vs Market: Suresh's total compensation ($USD12.53K) is below average for companies of similar size in the Indian market ($USD50.04K).

Compensation vs Earnings: Suresh's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Suresh Upadhyay
Chairman & MD0yrs₹900.00k65.25% 27.3m
Rachna Upadhya
Director2.4yrsno data0.000080% 33.5
Abhishek Upadhyay
Director4.2yrs₹600.00k0.13% 54.9k
Asha Upadhyay
Non-Executive Director4.1yrsno data0.000080% 33.5
Tejendra Marvaha
Independent Director1.9yrsno datano data

4.1yrs

Average Tenure

59yo

Average Age

Experienced Board: 540072's board of directors are considered experienced (4.1 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

Shiva Granito Export Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shiva Granito Export Limited
  • Ticker: 540072
  • Exchange: BSE
  • Founded: 2007
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: ₹41.892m
  • Shares outstanding: 13.22m
  • Website: https://www.shivaexport.in

Number of Employees


Location

  • Shiva Granito Export Limited
  • 8, Bhatt Ji Ki Baari District
  • Udaipur
  • Rajasthan
  • 313001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
540072BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 2016

Biography

Shiva Granito Export Limited manufactures and exports quartz stone slabs, various grades of resins, and quartz stone powder. It also provides quartz stones, idols, and articles; counter tops; and unsaturated resins under the Respol name. The company was formerly known as Shiva Exports Co. Shiva Granito Export Limited was founded in 2007 and is based in Udaipur, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 13:38
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
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.