Prime Industries Limited engages in the real estate and allied activities in India. More Details
Flawless balance sheet and undervalued.
Share Price & News
How has Prime Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine 519299's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine 519299's volatility change over the past year.
7 Day Return
IN Real Estate
1 Year Return
IN Real Estate
Return vs Industry: 519299 exceeded the Indian Real Estate industry which returned -8.3% over the past year.
Return vs Market: 519299 exceeded the Indian Market which returned 7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Prime Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Prime Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 519299 (₹1.71) is trading below our estimate of fair value (₹9.75)
Significantly Below Fair Value: 519299 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 519299 is good value based on its PE Ratio (3.6x) compared to the IN Real Estate industry average (15.5x).
PE vs Market: 519299 is good value based on its PE Ratio (3.6x) compared to the Indian market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 519299's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 519299 is good value based on its PB Ratio (0.4x) compared to the IN Real Estate industry average (0.6x).
How is Prime Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Prime 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.
- Examine whether Prime Industries is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Prime Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Prime Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 519299 has high quality earnings.
Growing Profit Margin: 519299's current net profit margins (43%) are higher than last year (13.4%).
Past Earnings Growth Analysis
Earnings Trend: 519299 has become profitable over the past 5 years, growing earnings by 64.2% per year.
Accelerating Growth: 519299's earnings growth over the past year (519.9%) exceeds its 5-year average (64.2% per year).
Earnings vs Industry: 519299 earnings growth over the past year (519.9%) exceeded the Real Estate industry -3.2%.
Return on Equity
High ROE: 519299's Return on Equity (10.7%) is considered low.
How is Prime Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 519299's short term assets (₹33.6M) exceed its short term liabilities (₹9.9M).
Long Term Liabilities: 519299's short term assets (₹33.6M) exceed its long term liabilities (₹2.4K).
Debt to Equity History and Analysis
Debt Level: 519299 is debt free.
Reducing Debt: 519299 had no debt 5 years ago.
Debt Coverage: 519299 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 519299 has no debt, therefore coverage of interest payments is not a concern.
What is Prime Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 519299's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 519299's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 519299's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 519299'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 519299's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rajinder Singhania (66 yo)
Mr. Rajinder Kumar Singhania F.C.A., has been Managing Director of Prime Industries Ltd. since August 1, 2013 and served as its Compliance Officer. Mr. Singhania serves as Chairman of Prime Industries Ltd....
CEO Compensation Analysis
Compensation vs Market: Rajinder's total compensation ($USD16.26K) is below average for companies of similar size in the Indian market ($USD50.36K).
Compensation vs Earnings: Rajinder's compensation has increased by more than 20% in the past year.
|Chairman & MD||7.25yrs||₹1.20m||22.1% |
|Chief Financial Officer||4.33yrs||no data||no data|
|Company Secretary||2.5yrs||no data||no data|
Experienced Management: 519299's management team is considered experienced (4.3 years average tenure).
|Chairman & MD||7.25yrs||₹1.20m||22.1% |
|Independent Director||no data||no data||no data|
|Non-Executive Director||28.08yrs||no data||20.51% |
|Non-Executive Woman Director||5.67yrs||no data||0.63% |
|Independent Director||5.67yrs||no data||no data|
|Independent Director||0.25yr||no data||no data|
Experienced Board: 519299's board of directors are considered experienced (5.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Prime Industries Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Prime Industries Ltd.
- Ticker: 519299
- Exchange: BSE
- Founded: 1992
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: ₹27.018m
- Shares outstanding: 15.80m
- Website: https://www.primeindustrieslimited.com
Number of Employees
- Prime Industries Ltd.
- Master Chambers
- 3rd Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|519299||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2005|
Prime Industries Limited engages in the real estate and allied activities in India. It sells securities and land. The company was incorporated in 1992 and is based in Ludhiana, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/27 12:14|
|End of Day Share Price||2020/11/27 00:00|
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.