BSE:531585

Stock Analysis Report

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Executive Summary

Devine Impex Limited trades in bullion, jewelry, and ornaments in India. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Devine Impex's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 531585 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: Insufficient data to determine 531585's volatility change over the past year.


Market Performance


7 Day Return

3.1%

531585

2.3%

IN Retail Distributors

2.3%

IN Market


1 Year Return

-36.2%

531585

-15.1%

IN Retail Distributors

8.9%

IN Market

Return vs Industry: 531585 underperformed the Indian Retail Distributors industry which returned -16.3% over the past year.

Return vs Market: 531585 underperformed the Indian Market which returned 7.4% over the past year.


Shareholder returns

531585IndustryMarket
7 Day3.1%2.3%2.3%
30 Day-6.9%7.4%8.9%
90 Day-2.0%6.8%10.2%
1 Year-36.2%-36.2%-14.6%-15.1%11.0%8.9%
3 Year-25.6%-25.6%-17.1%-18.8%6.2%1.0%
5 Year-68.3%-68.3%-43.0%-44.0%53.0%41.5%

Long-Term Price Volatility Vs. Market

How volatile is Devine Impex's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Devine Impex undervalued compared to its fair value and its price relative to the market?

0.24x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 531585's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 531585's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 531585 is unprofitable, so we can't compare its PE Ratio to the IN Retail Distributors industry average.

PE vs Market: 531585 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 531585's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531585 is good value based on its PB Ratio (0.2x) compared to the IN Retail Distributors industry average (0.9x).


Next Steps

Future Growth

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

7.0%

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 Devine Impex 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 Devine Impex performed over the past 5 years?

-27.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531585 is currently unprofitable.

Growing Profit Margin: 531585 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 531585 is unprofitable, and losses have increased over the past 5 years at a rate of 27.6% per year.

Accelerating Growth: Unable to compare 531585's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 531585 is unprofitable, making it difficult to compare its past year earnings growth to the Retail Distributors industry (-23.1%).


Return on Equity

High ROE: 531585 has a negative Return on Equity (-0.27%), as it is currently unprofitable.


Next Steps

Financial Health

How is Devine Impex's financial position?


Financial Position Analysis

Short Term Liabilities: 531585's short term assets (₹122.9M) exceed its short term liabilities (₹1.4M).

Long Term Liabilities: 531585 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 531585 is debt free.

Reducing Debt: 531585 has not had any debt for past 5 years.

Debt Coverage: 531585 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 531585 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Devine Impex current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 531585's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 531585'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 531585's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 531585'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 531585'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?

8.7yrs

Average board tenure


CEO

Parvesh Oberoi (51 yo)

8.58yrs

Tenure

Mr. Parvesh Kumar Oberoi has been the Managing Director at Devine Impex Limited since April 2012 and has been its Director for March 2, 2012.


Board Members

NamePositionTenureCompensationOwnership
Rohit Jain
Chairman & CFOno datano data4.13%
₹ 1.3m
Parvesh Oberoi
MD & Director8.58yrsno data0.0086%
₹ 2.7k
Vinay Sharma
Independent Director8.67yrsno data0.026%
₹ 8.3k
Nisha Sharma
Independent Director5.67yrsno datano data

8.7yrs

Average Tenure

51yo

Average Age

Experienced Board: 531585's board of directors are considered experienced (8.7 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

Devine Impex Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Devine Impex Limited
  • Ticker: 531585
  • Exchange: BSE
  • Founded: 1995
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: ₹31.933m
  • Shares outstanding: 9.53m

Number of Employees


Location

  • Devine Impex Limited
  • The Groove
  • C-157, 1st Floor
  • Mohali
  • Punjab
  • 160059
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531585BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2007

Biography

Devine Impex Limited trades in bullion, jewelry, and ornaments in India. The company was formerly known as Classic Global Impex Ltd. and changed its name to Devine Impex Limited in March 2007. Devine Impex...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 12:55
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
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.