BSE:519299

Stock Analysis Report

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Executive Summary

Prime Industries Limited engages in the real estate and allied activities in India. More Details


Snowflake Analysis

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.


Market Performance


7 Day Return

12.5%

519299

2.0%

IN Real Estate

2.1%

IN Market


1 Year Return

140.8%

519299

-8.3%

IN Real Estate

7.0%

IN Market

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.


Shareholder returns

519299IndustryMarket
7 Day12.5%2.0%2.1%
30 Day41.3%10.1%9.1%
90 Day111.1%8.9%9.3%
1 Year140.8%140.8%-7.8%-8.3%9.0%7.0%
3 Year263.8%263.8%-20.5%-21.9%6.7%1.5%
5 Yearn/a46.8%42.0%53.5%42.0%

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

Valuation

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

>50%

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).


Next Steps

Future Growth

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

44.6%

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.


Next Steps

Past Performance

How has Prime Industries performed over the past 5 years?

64.2%

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.


Next Steps

Financial Health

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.


Balance Sheet


Next Steps

Dividend

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.


Next Steps

Management

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

4.3yrs

Average management tenure


CEO

Rajinder Singhania (66 yo)

7.25yrs

Tenure

₹1,200,000

Compensation

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.


Leadership Team

NamePositionTenureCompensationOwnership
Rajinder Singhania
Chairman & MD7.25yrs₹1.20m22.1%
₹ 6.0m
Kashmir Singh
Chief Financial Officer4.33yrsno datano data
Jasleen Bath
Company Secretary2.5yrsno datano data

4.3yrs

Average Tenure

Experienced Management: 519299's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rajinder Singhania
Chairman & MD7.25yrs₹1.20m22.1%
₹ 6.0m
Ashwani Kumar
Independent Directorno datano datano data
Harjeet Arora
Non-Executive Director28.08yrsno data20.51%
₹ 5.5m
Parveen Singhania
Non-Executive Woman Director5.67yrsno data0.63%
₹ 171.0k
Rajiv Kalra
Independent Director5.67yrsno datano data
Anil Bhatia
Independent Director0.25yrno datano data

5.7yrs

Average Tenure

66yo

Average Age

Experienced Board: 519299's board of directors are considered experienced (5.7 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

Prime Industries Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Prime Industries Ltd.
  • Master Chambers
  • 3rd Floor
  • Ludhiana
  • Punjab
  • 141001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
519299BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2005

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/27 12:14
End of Day Share Price2020/11/27 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.