BSE:541167

Stock Analysis Report

Executive Summary

Yasho Industries Limited manufactures and supplies specialty chemicals, food antioxidants, aroma chemicals, rubber accelerators, and lubricant additives in India and internationally.


Snowflake Analysis

Adequate balance sheet with proven track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 541167 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.6%

541167

-0.5%

IN Chemicals

-0.8%

IN Market


1 Year Return

10.7%

541167

27.2%

IN Chemicals

11.1%

IN Market

Return vs Industry: 541167 underperformed the Indian Chemicals industry which returned 26.3% over the past year.

Return vs Market: 541167 matched the Indian Market which returned 11.1% over the past year.


Shareholder returns

541167IndustryMarket
7 Day-3.6%-0.5%-0.8%
30 Day-3.6%2.3%-2.3%
90 Day17.4%11.3%2.1%
1 Year10.7%10.7%30.1%27.2%13.1%11.1%
3 Yearn/a55.1%48.9%22.9%16.2%
5 Yearn/a118.9%103.3%34.9%22.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

11.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 541167 (₹135) is trading above our estimate of fair value (₹95.92)

Significantly Below Fair Value: 541167 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 541167 is poor value based on its PE Ratio (11.1x) compared to the Chemicals industry average (11x).

PE vs Market: 541167 is good value based on its PE Ratio (11.1x) compared to the Indian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 541167's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 541167 is overvalued based on its PB Ratio (2.9x) compared to the IN Chemicals industry average (1.1x).


Next Steps

Future Growth

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

16.4%

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 Yasho 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 Yasho Industries performed over the past 5 years?

35.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 541167 has high quality earnings.

Growing Profit Margin: 541167's current net profit margins (4.3%) are higher than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: 541167 has become profitable over the past 5 years, growing earnings by 35.7% per year.

Accelerating Growth: 541167's earnings growth over the past year (16.3%) is below its 5-year average (35.7% per year).

Earnings vs Industry: 541167 earnings growth over the past year (16.3%) exceeded the Chemicals industry 11.6%.


Return on Equity

High ROE: Whilst 541167's Return on Equity (25.98%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Yasho Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 541167's short term assets (₹1.4B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: 541167's short term assets (₹1.4B) exceed its long term liabilities (₹693.2M).


Debt to Equity History and Analysis

Debt Level: 541167's debt to equity ratio (295.3%) is considered high.

Reducing Debt: 541167's debt to equity ratio has reduced from 1379.2% to 295.3% over the past 5 years.

Debt Coverage: 541167's debt is well covered by operating cash flow (23.7%).

Interest Coverage: 541167's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet

Inventory Level: 541167 has a high level of physical assets or inventory.

Debt Coverage by Assets: 541167's debt is not covered by short term assets (assets are 0.9x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage0.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 541167's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 541167's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 541167's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 541167's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 541167's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

2.7yrs

Average management tenure


CEO

Parag Jhaveri (53yo)

2yrs

Tenure

₹7,800,000

Compensation

Mr. Parag Vinod Jhaveri has been Chairman and Managing Director of Yasho Industries Ltd. since February 2018 Director since May 02, 1990. Mr. Jhaveri has over 3 decades of vast experience in chemical i ...


CEO Compensation Analysis

Compensation vs Market: Parag's total compensation ($USD109.07K) is above average for companies of similar size in the Indian market ($USD50.21K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Parag Jhaveri
Chairman & MD2yrs₹7.80mno data
Vinod Jhaveri
CFO & Whole Time Director12.5yrs₹7.80m29.23% 430.0m
Nekata Jain
Company Secretary & Compliance Officer2.1yrs₹252.00kno data
Yayesh Jhaveri
Whole Time Director22.8yrs₹7.80m18.77% 276.2m
Abhinav Vakharia
Head of Accounts2.7yrsno datano data
Tyronne Nunes
Head of Admin14.3yrsno datano data
Yvonne Fonseca
Head of Marketing10.8yrsno datano data
Dinesh Patel
Head of Manufacturing25.5yrsno datano data
Shailesh Parmar
Head of R & D5.5yrsno datano data

2.7yrs

Average Tenure

53yo

Average Age

Experienced Management: 541167's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Parag Jhaveri
Chairman & MD2yrs₹7.80mno data
Vinod Jhaveri
CFO & Whole Time Director12.5yrs₹7.80m29.23% 430.0m
Yayesh Jhaveri
Whole Time Director22.8yrs₹7.80m18.77% 276.2m
Mila Desai
Non-Executive Independent Director2yrs₹40.00kno data
Hiren Goradia
Non-Executive Independent Director2yrs₹50.00kno data
Ashok Malaviya
Non-Executive Independent Director2yrs₹35.00kno data

2.0yrs

Average Tenure

51yo

Average Age

Experienced Board: 541167's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Yasho Industries Limited
  • Ticker: 541167
  • Exchange: BSE
  • Founded: 1985
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: ₹1.471b
  • Shares outstanding: 10.90m
  • Website: https://www.yashoindustries.com

Number of Employees


Location

  • Yasho Industries Limited
  • Office No. 101 /102
  • Peninsula Heights
  • Mumbai
  • Maharashtra
  • 400058
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
541167BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2018

Biography

Yasho Industries Limited manufactures and supplies specialty chemicals, food antioxidants, aroma chemicals, rubber accelerators, and lubricant additives in India and internationally. It offers various chemicals, such as fatty esters and natural essential/aroma oils, which serve personal care, cosmetics and toiletries, flavors and fragrances, and pharmaceutical industries; and food antioxidant chemicals, including tertiary-butyl hydroquinone, butylated hydroxy anisole, ascorbyl palmitate, and other antioxidants that are used in various food products. The company also provides lube and rubber range chemicals, which include aminic antioxidants, molybdenum based additives and corrosion inhibitors, and chemicals for the petroleum and synthetic lubricants industry, as well as serves processors of rubber in the auto ancillary, tire, construction, industrial machinery, and white goods sectors. In addition, it offers specialty chemicals for use in industries, such as electroplating chemicals, intermediates for API/bulk drugs, UPR resins/fiber composites resins, thermoplastics urethanes, and printing inks and agrochemicals. The company exports its products to the United States, South America, Europe, Iran, Australia, South Africa, Singapore, Germany, and Asia. Yasho Industries Limited was founded in 1985 and is headquartered in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 13:11
End of Day Share Price2020/02/13 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.