NSEI:PROLIFE

Stock Analysis Report

Executive Summary

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


Snowflake Analysis

Outstanding track record with excellent balance sheet.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

PROLIFE

-6.0%

IN Chemicals

-2.9%

IN Market


1 Year Return

28.9%

PROLIFE

-14.8%

IN Chemicals

-29.3%

IN Market

Return vs Industry: PROLIFE exceeded the Indian Chemicals industry which returned -14.7% over the past year.

Return vs Market: PROLIFE exceeded the Indian Market which returned -29.2% over the past year.


Shareholder returns

PROLIFEIndustryMarket
7 Day0%-6.0%-2.9%
30 Day4.9%-24.5%-26.5%
90 Day18.9%-18.9%-28.5%
1 Year30.5%28.9%-11.2%-14.8%-27.9%-29.3%
3 Yearn/a12.2%5.3%-15.4%-20.0%
5 Yearn/a67.6%53.0%-3.3%-8.3%

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?

4.9x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PROLIFE (₹34.35) is trading above our estimate of fair value (₹3.54)

Significantly Below Fair Value: 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 (4.9x) compared to the Chemicals industry average (7.7x).

PE vs Market: PROLIFE is good value based on its PE Ratio (4.9x) compared to the Indian market (9.2x).


Price to Earnings Growth Ratio

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 overvalued based on its PB Ratio (1x) compared to the IN Chemicals industry average (0.8x).


Next Steps

Future Growth

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

16.0%

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 Prolife 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 Prolife Industries performed over the past 5 years?

35.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PROLIFE has high quality earnings.

Growing Profit Margin: PROLIFE's current net profit margins (7.3%) are higher than last year (6.2%).


Past Earnings Growth Analysis

Earnings Trend: PROLIFE's earnings have grown significantly by 35.2% per year over the past 5 years.

Accelerating Growth: PROLIFE's earnings growth over the past year (62%) exceeds its 5-year average (35.2% per year).

Earnings vs Industry: PROLIFE earnings growth over the past year (62%) exceeded the Chemicals industry 10%.


Return on Equity

High ROE: PROLIFE's Return on Equity (21.3%) is considered high.


Next Steps

Financial Health

How is Prolife Industries's financial position?


Financial Position Analysis

Short Term Liabilities: PROLIFE's short term assets (₹147.0M) exceed its short term liabilities (₹122.4M).

Long Term Liabilities: PROLIFE's short term assets (₹147.0M) exceed its long term liabilities (₹58.2M).


Debt to Equity History and Analysis

Debt Level: PROLIFE's debt to equity ratio (38.8%) is considered satisfactory.

Reducing Debt: PROLIFE's debt to equity ratio has reduced from 354.2% to 38.8% over the past 5 years.

Debt Coverage: PROLIFE's debt is not well covered by operating cash flow (15.6%).

Interest Coverage: PROLIFE's interest payments on its debt are well covered by EBIT (4.7x 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 2.8x debt).


Next Steps

Dividend

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

0.87%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PROLIFE's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.95%).

High Dividend: PROLIFE's dividend (0.87%) is low compared to the top 25% of dividend payers in the Indian market (4.18%).


Stability and Growth of Payments

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 (4.3%), 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

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

3.6yrs

Average management tenure


CEO

Manindersingh Jolly (54yo)

9.33s

Tenure

₹1,200,000

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: Manindersingh's total compensation ($USD15.92K) is below average for companies of similar size in the Indian market ($USD48.50K).

Compensation vs Earnings: Manindersingh's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Manindersingh Jolly
Chairman & MD9.33yrs₹1.20m43.28% 60.9m
Jayvik Soni
Chief Financial Officer3.58yrsno datano data
Darshna Maniyar
Company Secretary & Compliance Officer3.58yrsno datano data

3.6yrs

Average Tenure

Experienced Management: PROLIFE's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Manindersingh Jolly
Chairman & MD9.33yrs₹1.20m43.28% 60.9m
Arun Sehgal
Non-Executive & Independent Directorno datano datano data
Anureet Jolly
Non-Executive & Non-Independent Director10.42yrsno data29.31% 41.2m
Karan Jolly
Additional Director0.92yrno datano data
Dharmendra Pushkarna
Non-Executive & Independent Director0.92yrno datano data

5.1yrs

Average Tenure

52yo

Average Age

Experienced Board: PROLIFE's board of directors are considered experienced (5.1 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

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: ₹140.632m
  • 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, Switzerland, Germany, France, Taiwan, Japan, Germany, Brazil, Pakistan, and other countries. The company was formerly known as R R J-Dyes and Intermediates Limited and changed its name to Prolife Industries Limited in March 2013. Prolife Industries Limited was incorporated in 1994 and is based in Ankleshwar, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 13:37
End of Day Share Price2020/03/13 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.