BSE:540954

Stock Analysis Report

Indian Wood Products

Executive Summary

The Indian Wood Products Company Limited manufactures and sells katha in India.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.

Risks

  • Indian Wood Products has significant price volatility in the past 3 months.
  • Indian Wood Products is not covered by any analysts.

Share Price & News

How has Indian Wood Products's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.9%

BSE:540954

2.9%

IN Forestry

-0.7%

IN Market


1 Year Return

-40.4%

BSE:540954

-35.9%

IN Forestry

-12.1%

IN Market

540954 underperformed the Forestry industry which returned -35.9% over the past year.

540954 underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

540954IndustryMarket
7 Day-4.9%2.9%-0.7%
30 Day-20.1%-3.0%-4.6%
90 Day-23.2%-8.1%-4.3%
1 Year-40.3%-40.4%-35.1%-35.9%-10.3%-12.1%
3 Yearn/a-2.8%-5.3%18.9%12.8%
5 Yearn/a80.8%73.2%37.6%24.7%

Price Volatility Vs. Market

How volatile is Indian Wood Products's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Indian Wood Products undervalued based on future cash flows and its price relative to the stock market?

20.03x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Indian Wood Products is overvalued based on earnings compared to the IN Forestry industry average.

Indian Wood Products is overvalued based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Indian Wood Products, we can't assess if its growth is good value.


Price Based on Value of Assets

Indian Wood Products is overvalued based on assets compared to the IN Forestry industry average.


Next Steps

Future Growth

How is Indian Wood Products expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Indian Wood Products is high growth as no revenue estimate data is available.

Indian Wood Products's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Indian Wood Products's revenue growth to the India market average as no estimate data is available.

Indian Wood Products's earnings growth is expected to exceed the India market average.

Indian Wood Products'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 Indian Wood Products will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Indian Wood Products performed over the past 5 years?

41.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Indian Wood Products has delivered over 20% year on year earnings growth in the past 5 years.

Indian Wood Products's 1-year earnings growth is less than its 5-year average (3.7% vs 41%)

Indian Wood Products's earnings growth has not exceeded the IN Forestry industry average in the past year (3.7% vs 43.2%).


Return on Equity

Indian Wood Products has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Indian Wood Products used its assets less efficiently than the IN Forestry industry average last year based on Return on Assets.


Return on Capital Employed

Indian Wood Products's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Indian Wood Products's financial position?


Financial Position Analysis

Indian Wood Products is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Indian Wood Products's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Indian Wood Products's level of debt (15.7%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (87.4% vs 15.7% today).

Debt is well covered by operating cash flow (48.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 5.6x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.9x debt.


Next Steps

Dividend

What is Indian Wood Products's current dividend yield, its reliability and sustainability?

0.38%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Indian Wood Products before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Indian Wood Products's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.63%).

Indian Wood Products's dividend is below the markets top 25% of dividend payers in India (2.52%).

It is too early to tell whether Indian Wood Products has stable dividend payments.

Indian Wood Products only just started paying a dividend, it is too early to tell if payments are increasing.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (13x coverage).


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 Indian Wood Products's salary, the management and board of directors tenure and is there insider trading?

10.3yrs

Average board tenure


CEO

Bharat Mohta (44yo)

1.3yrs

Tenure

₹14,421,000

Compensation

Mr. Bharat Mohta has been a Director Corporate Planning & Strategy at Indian Wood Products Co. Ltd., since April 1, 2012. Mr. Mohta served as the Chief Compliance Officer of Shree Manufacturing Company Lim ...


CEO Compensation Analysis

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

Bharat's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.


Board Age and Tenure

10.3yrs

Average Tenure

70yo

Average Age

The average tenure for the Indian Wood Products board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Krishna Damani (70yo)

    Executive Director

    • Compensation: 7.28m
  • Krishna Mohta (71yo)

    Chairman & MD

    • Tenure: 1.3yrs
    • Compensation: 15.62m
  • Bharat Mohta (44yo)

    Whole Time Director & CEO

    • Tenure: 1.3yrs
    • Compensation: 14.42m
  • Raj Agarwal (68yo)

    Chief Financial Officer

    • Compensation: 1.99m
  • Rajiv Mundra (56yo)

    Vice President of Marketing

  • Anup Gupta

    Company Secretary & Compliance Officer

    • Compensation: 394.00k
  • Anand Rai (43yo)

    Senior Manager of HR & Administration


Board Members

  • Krishna Damani (70yo)

    Executive Director

    • Tenure: 21.3yrs
    • Compensation: 7.28m
  • Vinod Mimani (69yo)

    Independent Director

    • Tenure: 4.7yrs
    • Compensation: 43.00k
  • Vinod Maheshwary (70yo)

    Independent Director

    • Tenure: 10.3yrs
    • Compensation: 60.00k
  • Rajendra Chetani (62yo)

    Non Executive Non Independent Director

    • Tenure: 15.3yrs
    • Compensation: 60.00k
  • Krishna Mohta (71yo)

    Chairman & MD

    • Compensation: 15.62m
  • Bharat Mohta (44yo)

    Whole Time Director & CEO

    • Tenure: 7.3yrs
    • Compensation: 14.42m
  • Sanjay Maheswary (73yo)

    Independent Director

    • Tenure: 15.6yrs
    • Compensation: 60.00k
  • Drisha Poddar

    Independent Director

    • Tenure: 2.5yrs
    • Compensation: 5.00k

Company Information

The Indian Wood Products Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Indian Wood Products Company Limited
  • Ticker: 540954
  • Exchange: BSE
  • Founded: 1919
  • Industry: forest products
  • Sector: materials
  • Market Cap: ₹3.339b
  • Shares outstanding: 63.97m
  • Website: Click here

Number of Employees


Location

  • The Indian Wood Products Company Limited
  • Izatnagar
  • Bareilly
  • Uttar Pradesh
  • 243122
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
540954BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2018
540954BSE (Mumbai Stock Exchange)INR2.00 (POST SUBD)ININRInvalid date

Biography

The Indian Wood Products Company Limited manufactures and sells katha in India. It offers catechu, cutch, and catechin products. The company also provides various spices under IWP brand name. The Indian Wo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 13:09
End of Day Share Price2019/08/16 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.