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Sandesh

NSEI:SANDESH
Snowflake Description

Flawless balance sheet, undervalued and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SANDESH
NSEI
₹5B
Market Cap
  1. Home
  2. IN
  3. Media
Company description

The Sandesh Limited engages in editing, printing, and publishing newspapers and periodicals in India. The last earnings update was 50 days ago. More info.


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SANDESH Share Price and Events
7 Day Returns
-2.2%
NSEI:SANDESH
3.4%
IN Media
0.5%
IN Market
1 Year Returns
-32.2%
NSEI:SANDESH
-34.4%
IN Media
-2.1%
IN Market
SANDESH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sandesh (SANDESH) -2.2% -6.6% -15.4% -32.2% -22.4% 88.4%
IN Media 3.4% -1.9% -17.7% -34.4% -31.6% -21.1%
IN Market 0.5% -2.2% -4.1% -2.1% 23.5% 34.2%
1 Year Return vs Industry and Market
  • SANDESH outperformed the Media industry which returned -34.4% over the past year.
  • SANDESH underperformed the Market in India which returned -2.1% over the past year.
Price Volatility
SANDESH
Industry
5yr Volatility vs Market

SANDESH Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Sandesh to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sandesh.

NSEI:SANDESH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 14.8%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:SANDESH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Media Unlevered Beta Simply Wall St/ S&P Global 0.77
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.767 (1 + (1- 35%) (0.08%))
0.844
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.84
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.844 * 8.6%)
14.81%

Discounted Cash Flow Calculation for NSEI:SANDESH using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Sandesh is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:SANDESH DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 14.81%)
2020 707.07 Est @ 8.82% 615.88
2021 766.77 Est @ 8.44% 581.73
2022 829.45 Est @ 8.17% 548.12
2023 895.70 Est @ 7.99% 515.56
2024 966.06 Est @ 7.86% 484.34
2025 1,041.07 Est @ 7.76% 454.63
2026 1,121.23 Est @ 7.7% 426.48
2027 1,207.06 Est @ 7.65% 399.91
2028 1,299.08 Est @ 7.62% 374.89
2029 1,397.83 Est @ 7.6% 351.36
Present value of next 10 years cash flows ₹4,752.91
NSEI:SANDESH DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₹1,397.83 × (1 + 7.55%) ÷ (14.81% – 7.55%)
₹20,714.54
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹20,714.54 ÷ (1 + 14.81%)10
₹5,206.80
NSEI:SANDESH Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹4,752.91 + ₹5,206.80
₹9,959.71
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹9,959.71 / 7.57
₹1315.78
NSEI:SANDESH Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:SANDESH represents 0.99882x of BSE:526725
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99882x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 1,315.78 x 0.99882
₹1,314.23
Value per share (INR) From above. ₹1,314.23
Current discount Discount to share price of ₹636.80
= -1 x (₹636.80 - ₹1,314.23) / ₹1,314.23
51.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Sandesh is available for.
Intrinsic value
>50%
Share price is ₹636.8 vs Future cash flow value of ₹1314.23
Current Discount Checks
For Sandesh to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sandesh's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Sandesh's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sandesh's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sandesh's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:SANDESH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹85.62
BSE:526725 Share Price ** BSE (2019-07-17) in INR ₹637.55
India Media Industry PE Ratio Median Figure of 28 Publicly-Listed Media Companies 14.92x
India Market PE Ratio Median Figure of 2,835 Publicly-Listed Companies 14.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sandesh.

NSEI:SANDESH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:526725 Share Price ÷ EPS (both in INR)

= 637.55 ÷ 85.62

7.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sandesh is good value based on earnings compared to the IN Media industry average.
  • Sandesh is good value based on earnings compared to the India market.
Price based on expected Growth
Does Sandesh's expected growth come at a high price?
Raw Data
NSEI:SANDESH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
13.5%per year
India Media Industry PEG Ratio Median Figure of 12 Publicly-Listed Media Companies 0.88x
India Market PEG Ratio Median Figure of 536 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Sandesh, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sandesh's assets?
Raw Data
NSEI:SANDESH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹964.94
BSE:526725 Share Price * BSE (2019-07-17) in INR ₹637.55
India Media Industry PB Ratio Median Figure of 43 Publicly-Listed Media Companies 1.17x
India Market PB Ratio Median Figure of 3,670 Publicly-Listed Companies 0.95x
NSEI:SANDESH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:526725 Share Price ÷ Book Value per Share (both in INR)

= 637.55 ÷ 964.94

0.66x

* Primary Listing of Sandesh.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sandesh is good value based on assets compared to the IN Media industry average.
X
Value checks
We assess Sandesh's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Media industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Media industry average (and greater than 0)? (1 check)
  5. Sandesh has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SANDESH Future Performance

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

  • No analysts cover Sandesh, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sandesh expected to grow at an attractive rate?
  • Sandesh's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Sandesh's earnings growth is positive but not above the India market average.
  • Unable to compare Sandesh's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:SANDESH Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:SANDESH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 13.5%
India Media Industry Earnings Growth Rate Market Cap Weighted Average 28.2%
India Media Industry Revenue Growth Rate Market Cap Weighted Average 9.4%
India Market Earnings Growth Rate Market Cap Weighted Average 16.9%
India Market Revenue Growth Rate Market Cap Weighted Average 9.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:SANDESH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:SANDESH Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:SANDESH Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 4,389 648
2018-03-31 3,906 775 828
2017-03-31 3,693 983 728

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sandesh's earnings are expected to grow by 13.5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Sandesh is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:SANDESH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sandesh Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:SANDESH Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:SANDESH Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 85.62
2018-03-31 109.45
2017-03-31 96.19

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Sandesh will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Sandesh's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sandesh has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SANDESH Past Performance

  How has Sandesh performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sandesh's growth in the last year to its industry (Media).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sandesh's year on year earnings growth rate has been positive over the past 5 years.
  • Sandesh's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Sandesh's 1-year earnings growth is negative, it can't be compared to the IN Media industry average.
Earnings and Revenue History
Sandesh's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sandesh Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:SANDESH Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 4,388.66 648.09
2018-03-31 3,906.36 828.42
2017-03-31 3,692.51 728.05
2016-03-31 3,794.25 798.97 4.51
2015-12-31 3,639.36 760.74 242.95
2015-09-30 3,597.02 700.30 260.08
2015-06-30 3,539.23 640.53 260.08
2015-03-31 3,457.18 570.36 260.08
2014-12-31 3,379.66 495.32 248.66
2014-09-30 3,280.47 492.05 248.66
2014-06-30 3,185.76 458.57
2014-03-31 3,140.03 458.07 233.36
2013-12-31 3,216.73 489.99 241.97
2013-09-30 3,162.20 447.57 241.97
2013-06-30 2,844.94 484.71
2013-03-31 3,083.40 576.25 241.98
2012-12-31 3,148.08 529.33 309.96
2012-09-30 2,872.40 546.69 309.96

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Sandesh has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sandesh used its assets less efficiently than the IN Media industry average last year based on Return on Assets.
  • Sandesh's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sandesh's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Media industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sandesh has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SANDESH Health

 How is Sandesh's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sandesh's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sandesh is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sandesh's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sandesh's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1122.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sandesh Company Filings, last reported 3 months ago.

NSEI:SANDESH Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 7,304.00 3.71 2,914.18
2018-03-31 6,699.65 3.73 2,389.20
2017-03-31 5,913.70 19.89 1,737.12
2016-03-31 5,703.59 142.49 1,139.38
2015-12-31 4,942.10 184.14 761.70
2015-09-30 4,942.10 184.14 761.70
2015-06-30 4,542.72 100.28 326.98
2015-03-31 4,542.72 100.28 326.98
2014-12-31 4,270.88 215.13 166.59
2014-09-30 4,270.88 215.13 166.59
2014-06-30 4,008.80 561.59 380.21
2014-03-31 4,008.80 561.59 380.85
2013-12-31 3,821.63 716.79 290.09
2013-09-30 3,821.63 716.79 290.09
2013-06-30 3,586.19 676.76 273.20
2013-03-31 3,586.19 676.76 273.20
2012-12-31 3,699.46 654.37 142.88
2012-09-30 3,699.46 654.37 142.88
  • Sandesh's level of debt (0.1%) 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 (14% vs 0.1% today).
  • Debt is well covered by operating cash flow (20895.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 239.2x coverage).
X
Financial health checks
We assess Sandesh's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sandesh has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SANDESH Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.78%
Current annual income from Sandesh dividends.
If you bought ₹2,000 of Sandesh shares you are expected to receive ₹16 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Sandesh's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.56%).
  • Sandesh's dividend is below the markets top 25% of dividend payers in India (2.19%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:SANDESH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Media Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 2%
India Market Average Dividend Yield Market Cap Weighted Average of 1446 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:SANDESH Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:SANDESH Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-02-13 5.000 0.710
2018-02-12 5.000 0.556
2017-03-16 5.000 0.521
2016-03-09 5.000 0.593
2015-09-30 4.000 0.513
2014-09-29 4.000 0.748
2013-09-05 4.000 1.359
2012-08-09 3.500 1.255
2012-06-14 3.500 1.389
2011-08-05 4.000 1.530
2010-04-20 3.000 1.185
2010-04-15 3.000 1.282
2009-08-07 3.000 1.538

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Sandesh's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (17.1x 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.
X
Income/ dividend checks
We assess Sandesh's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sandesh afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sandesh has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SANDESH Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Falgunbhai Patel
COMPENSATION ₹64,500,000
AGE 63
TENURE AS CEO 41.5 years
CEO Bio

Mr. Falgunbhai Chimanbhai Patel, B.Com, M.B.A. (USA), serves as Chairman of The Sandesh Limited and has been its Managing Director since 1978. Mr. Chimanbhai has been an Executive Director of The Sandesh Limited since 1974.

CEO Compensation
  • Falgunbhai's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Falgunbhai's remuneration is higher than average for companies of similar size in India.
Management Team

Falgunbhai Patel

TITLE
Chairman & MD
COMPENSATION
₹65M
AGE
63
TENURE
41.5 yrs

Parthivbhai Patel

TITLE
MD & Executive Director
COMPENSATION
₹65M
AGE
37

Yogesh Chandulal Jani

TITLE
Whole Time Director
COMPENSATION
₹786K
AGE
69

Sanjay Tandon

TITLE
Chief Financial Officer

Dhaval Pandya

TITLE
Compliance Officer & Company Secretary
Board of Directors Tenure

Average tenure and age of the Sandesh board of directors in years:

13.6
Average Tenure
66
Average Age
  • The average tenure for the Sandesh board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Falgunbhai Patel

TITLE
Chairman & MD
COMPENSATION
₹65M
AGE
63

Parthivbhai Patel

TITLE
MD & Executive Director
COMPENSATION
₹65M
AGE
37
TENURE
17.3 yrs

Yogesh Chandulal Jani

TITLE
Whole Time Director
COMPENSATION
₹786K
AGE
69
TENURE
3.9 yrs

Sudhirbhai Nanavati

TITLE
Non-Executive Independent Director
COMPENSATION
₹8K
AGE
72
TENURE
18.5 yrs

Mukesh Patel

TITLE
Non-Executive Independent Director
AGE
65
TENURE
14.3 yrs

Pannaben Patel

TITLE
Non-Executive Director
AGE
67
TENURE
8.8 yrs

Shreyasbhai Pandya

TITLE
Non-Executive Independent Director
AGE
67
TENURE
13.6 yrs

Sandeepbhai Singhi

TITLE
Non-Executive Independent Director
COMPENSATION
₹3K
AGE
53
TENURE
6.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Sandesh's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sandesh has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SANDESH News

Simply Wall St News

Introducing Sandesh (NSE:SANDESH), A Stock That Climbed 95% In The Last Five Years

One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … During five years of share price growth, Sandesh achieved compound earnings per share (EPS) growth of 7.2% per year. … This EPS growth is slower than the share price growth of 14% per year, over the same period.

Simply Wall St -

Should You Be Holding The Sandesh Limited (NSE:SANDESH)?

Basically, it is a highly-regarded dividend payer that has been able to sustain great financial health over the past. … NSEI:SANDESH Historical Debt, May 21st 2019 For those seeking income streams from their portfolio, SANDESH is a robust dividend payer as well. … NSEI:SANDESH Historical Dividend Yield, May 21st 2019 Next Steps: For Sandesh, there are three key factors you should further examine: Future Outlook: What are well-informed industry analysts predicting for SANDESH’s future growth?

Simply Wall St -

What Percentage Of The Sandesh Limited (NSE:SANDESH) Shares Do Insiders Own?

If you want to know who really controls The Sandesh Limited (NSE:SANDESH), then you'll have to look at the makeup of its share registry. … Taking a look at our data on the ownership groups (below), it's seems that. … Let's take a closer look to see what the different types of shareholder can tell us about SANDESH

Simply Wall St -

Is The Sandesh Limited’s (NSE:SANDESH) Return On Capital Employed Any Good?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Did Business Growth Power Sandesh's (NSE:SANDESH) Share Price Gain of 188%?

One great example is The Sandesh Limited (NSE:SANDESH) which saw its share price drive 188% higher over five years. … During five years of share price growth, Sandesh achieved compound earnings per share (EPS) growth of 10% per year. … This EPS growth is lower than the 24% average annual increase in the share price.

Simply Wall St -

The Sandesh Limited (NSE:SANDESH): Has Recent Earnings Growth Beaten Long-Term Trend?

After looking at The Sandesh Limited's (NSE:SANDESH) latest earnings announcement (31 March 2018), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … SANDESH's trailing twelve-month earnings (from 31 March 2018) of ₹828m has. … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 14%, indicating the rate at which SANDESH is growing has slowed down

Simply Wall St -

Is The Sandesh Limited's (NSE:SANDESH) CEO Paid At A Competitive Rate?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … Check out our latest analysis for Sandesh … How Does Falgunbhai Patel's Compensation Compare With Similar Sized Companies?

Simply Wall St -

What Type Of Shareholder Owns The Sandesh Limited's (NSE:SANDESH)?

A look at the shareholders of The Sandesh Limited (NSE:SANDESH) can tell us which group is most powerful. … Sandesh is not a large company by global standards. … Let's delve deeper into each type of owner, to discover more about SANDESH

Simply Wall St -

Why The Sandesh Limited’s (NSE:SANDESH) Return On Capital Employed Is Impressive

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

A Spotlight On The Sandesh Limited's (NSE:SANDESH) Fundamentals

The Sandesh Limited (NSE:SANDESH) is a company with exceptional fundamental characteristics. … Upon building up an investment case for a stock, we should look at various aspects. … In the case of SANDESH, it

Simply Wall St -

SANDESH Company Info

Description

The Sandesh Limited engages in editing, printing, and publishing newspapers and periodicals in India. It publishes SANDESH, a premier Gujarati daily newspaper; Stree, a magazine; Sandesh Pratyaksha Panchang, a periodical; and Agro Sandesh, a weekly newspaper for the rural community of Gujarat covering the farming, dairy, and co-operative sectors. The company also operates Sandesh News, a Gujarati news channel; Spotlight, an out of home media solution; and a Gujarati news app. In addition, it is involved in the real estate and finance businesses. The company was founded in 1923 and is based in Ahmedabad, India.

Details
Name: The Sandesh Limited
SANDESH
Exchange: NSEI
Founded: 1923
₹4,851,620,389
7,569,421
Website: http://sandesh.com
Address: The Sandesh Limited
Sandesh Bhavan,
Lad Society Road,
Ahmedabad,
Gujarat, 380054,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 526725 Equity Shares Mumbai Stock Exchange IN INR 26. Nov 2002
NSEI SANDESH Equity Shares National Stock Exchange of India IN INR 26. Nov 2002
Number of employees
Current staff
Staff numbers
0
Sandesh employees.
Industry
Publishing
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/17 12:50
End of day share price update: 2019/07/17 00:00
Last estimates confirmation: 2018/05/28
Last earnings filing: 2019/05/28
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.