BSE:501314

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Prismx Global Ventures

Executive Summary

Prismx Global Ventures Limited trades in textiles in India.


Snowflake Analysis

Excellent balance sheet with solid track record.

Share Price & News

How has Prismx Global Ventures's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 501314's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

10.2%

501314

1.0%

IN Retail Distributors

0.2%

IN Market


1 Year Return

-97.6%

501314

-35.8%

IN Retail Distributors

3.3%

IN Market

Return vs Industry: 501314 underperformed the Indian Retail Distributors industry which returned -35.3% over the past year.

Return vs Market: 501314 underperformed the Indian Market which returned 4.3% over the past year.


Shareholder returns

501314IndustryMarket
7 Day10.2%1.0%0.2%
30 Day52.7%4.8%6.0%
90 Day30.6%10.4%22.4%
1 Year-97.6%-97.6%-35.4%-35.8%5.2%3.3%
3 Yearn/a-14.6%-16.1%3.2%-1.7%
5 Yearn/a-53.7%-54.5%33.2%23.2%

Price Volatility Vs. Market

How volatile is Prismx Global Ventures's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Prismx Global Ventures undervalued compared to its fair value and its price relative to the market?

31.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 501314's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 501314's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 501314 is poor value based on its PE Ratio (31.6x) compared to the IN Retail Distributors industry average (28.3x).

PE vs Market: 501314 is poor value based on its PE Ratio (31.6x) compared to the Indian market (14.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 501314's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 501314 is good value based on its PB Ratio (0.8x) compared to the IN Retail Distributors industry average (0.9x).


Next Steps

Future Growth

How is Prismx Global Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.2%

Forecasted Retail 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 Prismx Global Ventures 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 Prismx Global Ventures performed over the past 5 years?

52.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 501314 has high quality earnings.

Growing Profit Margin: 501314's current net profit margins (4.4%) are higher than last year (1.3%).


Past Earnings Growth Analysis

Earnings Trend: 501314 has become profitable over the past 5 years, growing earnings by 52.1% per year.

Accelerating Growth: 501314's earnings growth over the past year (154.5%) exceeds its 5-year average (52.1% per year).

Earnings vs Industry: 501314 earnings growth over the past year (154.5%) exceeded the Retail Distributors industry -6.7%.


Return on Equity

High ROE: 501314's Return on Equity (2.4%) is considered low.


Next Steps

Financial Health

How is Prismx Global Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: 501314's short term assets (₹395.1M) exceed its short term liabilities (₹26.3M).

Long Term Liabilities: 501314 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 501314's debt to equity ratio (3.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 501314's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 501314's debt is well covered by operating cash flow (35.7%).

Interest Coverage: 501314's interest payments on its debt are well covered by EBIT (9.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Prismx Global Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 501314's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 501314'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 501314's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 501314's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 501314 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 501314'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?

2.0yrs

Average management tenure


CEO

Tejas Hingu (34 yo)

2yrs

Tenure

₹577,232

Compensation

Mr. Tejas Vinodrai Hingu has been Managing Director at Prismx Global Ventures Limited (formerly known as Gromo Trade & Consultancy Limited) since August 14, 2018 and its Executive Director since May 17, 20 ...


CEO Compensation Analysis

Compensation vs Market: Tejas's total compensation ($USD7.71K) is below average for companies of similar size in the Indian market ($USD48.97K).

Compensation vs Earnings: Insufficient data to compare Tejas's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Tejas Hingu
MD & Executive Director2yrs₹577.23kno data
Pratiksha Mashkariya
Chief Financial Officer6.25yrs₹105.23kno data
Shreya Garg
Company Secretary & Compliance Officer0.083yrno datano data
Manu Agrawal
Executive Director1yrno datano data

2.0yrs

Average Tenure

34yo

Average Age

Experienced Management: 501314's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tejas Hingu
MD & Executive Director2yrs₹577.23kno data
Manu Agrawal
Executive Director1yrno datano data
Mehulkumar Kadiya
Non-Executive Independent Director4.08yrsno datano data
Narmadaben Patel
Non Executive Independent Director3.58yrsno datano data
Harishkumar Patel
Non-Executive Independent Director1.5yrsno datano data
Mrinalini Sharma
Non-Executive Independent Director1yrno datano data

1.9yrs

Average Tenure

40yo

Average Age

Experienced Board: 501314's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


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

Prismx Global Ventures Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Prismx Global Ventures Limited
  • Ticker: 501314
  • Exchange: BSE
  • Founded: 1973
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: ₹307.748m
  • Shares outstanding: 28.39m
  • Website: https://www.gromotrade.com

Number of Employees


Location

  • Prismx Global Ventures Limited
  • 412, Hubtown Solaris
  • SaiWadi, Andheri (East)
  • Mumbai
  • Maharashtra
  • 400069
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
501314BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2012

Biography

Prismx Global Ventures Limited trades in textiles in India. It is involved in the finance business, and commodity trading activities. The company was formerly known as Gromo Trade & Consultancy Limited and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 19:41
End of Day Share Price2020/08/14 00:00
Earnings2020/03/31
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.