NSEI:PROLIFE

Stock Analysis Report

Executive Summary

Prolife Industries Limited manufactures and sells intermediates for dyes, pigments, pharmaceuticals, agrochemicals, and others in India.

Snowflake

Fundamentals

Adequate balance sheet with proven track record.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

PROLIFE

2.4%

IN Chemicals

1.6%

IN Market


1 Year Return

-5.0%

PROLIFE

14.0%

IN Chemicals

0.8%

IN Market

Return vs Industry: PROLIFE underperformed the Indian Chemicals industry which returned 14% over the past year.

Return vs Market: PROLIFE underperformed the Indian Market which returned 0.8% over the past year.


Shareholder returns

PROLIFEIndustryMarket
7 Day0%2.4%1.6%
30 Day0%5.4%1.5%
90 Dayn/a7.9%-3.3%
1 Year-3.8%-5.0%15.3%14.0%2.7%0.8%
3 Yearn/a36.0%31.8%22.0%16.0%
5 Yearn/a128.1%115.2%42.3%29.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

4.96x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: PROLIFE (₹24.65) is trading above our estimate of fair value (₹3.11)

Significantly Undervalued: PROLIFE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PROLIFE is good value based on its PE Ratio (5x) compared to the Chemicals industry average (10.4x).

PE vs Market: PROLIFE is good value based on its PE Ratio (5x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PROLIFE is good value based on its PB Ratio (0.8x) compared to the IN Chemicals industry average (1.1x).


Next Steps

Future Growth

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

6.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PROLIFE's forecast earnings growth (6.7% per year) is below the savings rate (7.6%).

Earnings vs Market: PROLIFE's earnings (6.7% per year) are forecast to grow slower than the Indian market (18.3% per year).

High Growth Earnings: PROLIFE's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if PROLIFE's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if PROLIFE's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if PROLIFE's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Prolife Industries performed over the past 5 years?

39.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PROLIFE's earnings have grown significantly by 39.2% per year over the past 5 years.

Accelerating Growth: PROLIFE's earnings growth over the past year (35.3%) is below its 5-year average (39.2% per year).

Earnings vs Industry: PROLIFE earnings growth over the past year (35.3%) exceeded the Chemicals industry 9.9%.


Return on Equity

High ROE: PROLIFE's Return on Equity (16.8%) is considered low.


Return on Assets

ROA vs Industry: PROLIFE has a higher Return on Assets than the Chemicals industry average last year.


Return on Capital Employed

ROCE Improving: PROLIFE has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Prolife Industries's financial position?


Financial Position Analysis

Short Term Liabilities: PROLIFE's short term assets (₹119.3M) exceeds its short term liabilities (₹58.4M)

Long Term Liabilities: PROLIFE's short term assets (119.3M) exceeds its long term liabilities (87.2M)


Debt to Equity History and Analysis

Debt Level: PROLIFE's debt to equity ratio (59%) is considered high

Reducing Debt: PROLIFE's debt to equity ratio has reduced from 378.2% to 59% over the past 5 years.

Debt Coverage: PROLIFE's debt is not well covered by operating cash flow (11.3%).

Interest Coverage: PROLIFE's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet

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

Debt Coverage by Assets: PROLIFE's debt is covered by short term assets (assets are 1.667250x debt).


Next Steps

  • Explore more healthy companies in the Materials industry.

Dividend

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

1.22%

Current Dividend Yield


Dividend Yield vs Market

company1.2%marketbottom25%0.6%markettop25%2.5%industryaverage0.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: PROLIFE's dividend (1.22%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: PROLIFE's dividend (1.22%) is low compared to the top 25% of dividend payers in the Indian market (2.49%).

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

Growing Dividend: PROLIFE's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6%), PROLIFE'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

What is the CEO of Prolife Industries's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average management tenure


CEO

Manindersingh Jolly (54yo)

8.9yrs

Tenure

₹500,000

Compensation

Mr. Manindersingh Satnamsingh Jolly has been the Chairman and Managing Director at Prolife Industries Limited since November 1, 2010. Mr. Jolly is Chairman of Share transfer & Investors Grievance Committee ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Manindersingh's total compensation is reasonable compared to companies of similar size in the Indian market.

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


Management Age and Tenure

3.2yrs

Average Tenure

Experienced Management: PROLIFE's management team is considered experienced (3.2 years average tenure).


Board Age and Tenure

4.7yrs

Average Tenure

52yo

Average Age

Experienced Board: PROLIFE's board of directors are considered experienced (4.7 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Manindersingh Jolly (54yo)

    Chairman & MD

    • Tenure: 8.9yrs
    • Compensation: ₹500.00k
  • Jayvik Soni

    Chief Financial Officer

    • Tenure: 3.2yrs
  • Darshna Maniyar

    Company Secretary & Compliance Officer

    • Tenure: 3.2yrs

Board Members

  • Arun Sehgal

    Non-Executive & Independent Director

    • Tenure: 0yrs
  • Manindersingh Jolly (54yo)

    Chairman & MD

    • Tenure: 8.9yrs
    • Compensation: ₹500.00k
  • Anureet Jolly (52yo)

    Non-Executive & Non-Independent Director

    • Tenure: 10yrs
  • Karan Jolly

    Additional Director

    • Tenure: 0.5yrs
  • Dharmendra Pushkarna (34yo)

    Non-Executive & Independent Director

    • Tenure: 0.5yrs

Company Information

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


Key Information

  • Name: Prolife Industries Limited
  • Ticker: PROLIFE
  • Exchange: NSEI
  • Founded: 1994
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: ₹100.919m
  • Shares outstanding: 4.09m
  • Website: https://www.prolifeindustries.in

Location

  • Prolife Industries Limited
  • Panoli Industrial Estate
  • Plot No. 213
  • Ankleshwar
  • Gujarat
  • 394116
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PROLIFENSEI (National Stock Exchange of India)YesEquity SharesININRJan 2017

Biography

Prolife Industries Limited manufactures and sells intermediates for dyes, pigments, pharmaceuticals, agrochemicals, and others in India. The company also exports its products to the United States, Spain, S ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 12:55
End of Day Share Price2019/08/23 00:00
Earnings2019/03/31
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.