BSE:535601

Stock Analysis Report

Executive Summary

Sreeleathers Limited engages in the wholesale and retail of footwear, and leather goods and accessories in India.


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 535601 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-11.1%

535601

-1.9%

IN Retail Distributors

-0.07%

IN Market


1 Year Return

-27.5%

535601

-25.2%

IN Retail Distributors

9.5%

IN Market

Return vs Industry: 535601 underperformed the Indian Retail Distributors industry which returned -25.2% over the past year.

Return vs Market: 535601 underperformed the Indian Market which returned 9.5% over the past year.


Shareholder returns

535601IndustryMarket
7 Day-11.1%-1.9%-0.07%
30 Day-12.3%2.0%-0.7%
90 Day-4.5%-4.4%3.2%
1 Year-27.5%-27.5%-24.9%-25.2%11.5%9.5%
3 Year4.1%4.1%-10.5%-11.7%23.6%16.7%
5 Year-17.5%-17.5%-66.7%-67.0%35.4%22.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

14.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 535601 (₹156) is trading above our estimate of fair value (₹82.13)

Significantly Below Fair Value: 535601 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 535601 is good value based on its PE Ratio (14.4x) compared to the Retail Distributors industry average (67.7x).

PE vs Market: 535601 is poor value based on its PE Ratio (14.4x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 535601's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 535601 is overvalued based on its PB Ratio (1.3x) compared to the IN Retail Distributors industry average (0.7x).


Next Steps

Future Growth

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

8.8%

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 Sreeleathers 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 Sreeleathers performed over the past 5 years?

29.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 535601 has high quality earnings.

Growing Profit Margin: 535601's current net profit margins (15.5%) are lower than last year (20.1%).


Past Earnings Growth Analysis

Earnings Trend: 535601's earnings have grown significantly by 29.2% per year over the past 5 years.

Accelerating Growth: 535601's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 535601 had negative earnings growth (-16.9%) over the past year, making it difficult to compare to the Retail Distributors industry average (-10.3%).


Return on Equity

High ROE: 535601's Return on Equity (8.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Sreeleathers's financial position?


Financial Position Analysis

Short Term Liabilities: 535601's short term assets (₹438.0M) exceed its short term liabilities (₹284.3M).

Long Term Liabilities: 535601's short term assets (₹438.0M) exceed its long term liabilities (₹37.7M).


Debt to Equity History and Analysis

Debt Level: 535601's debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: 535601's debt to equity ratio has reduced from 6.5% to 0.2% over the past 5 years.

Debt Coverage: 535601's debt is well covered by operating cash flow (2093%).

Interest Coverage: 535601 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 535601 has a high level of physical assets or inventory.

Debt Coverage by Assets: 535601's debt is covered by short term assets (assets are 70.7x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.6%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 535601's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 535601's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 535601's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 535601's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 535601 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 535601'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?

0.4yrs

Average management tenure


CEO

Satyabrata Dey (69yo)

0

Mr. Satyabrata Dey is Founder and Managing Director of Sreeleathers Limited and has been its Director since December 2, 1999. 


CEO Compensation Analysis

Compensation vs Market: Satyabrata's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD50.04K).

Compensation vs Earnings: Satyabrata's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Satyabrata Dey
Founder0yrsno data18.37% 720.7m
Sujay Bhattacherjee
Chief Financial Officer4.9yrs₹356.54kno data
Bijoy Roy
Compliance Officer & Company Secretary0yrs₹328.85kno data
Rochita Dey
Whole time Director1.2yrsno data0.46% 18.2m
Shipra Dey
Whole time Director0.8yrsno datano data

0.4yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 535601's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Satyabrata Dey
Founder0yrsno data18.37% 720.7m
Rochita Dey
Whole time Director1.2yrsno data0.46% 18.2m
Shipra Dey
Whole time Director0.8yrsno datano data
Sadhana Adhikary
Independent Director5.4yrsno datano data
Kalidas Sarkar
Independent Director1.5yrs₹15.00kno data
Anil Chandra Bera
Independent Director1.5yrs₹15.00kno data

1.5yrs

Average Tenure

52.5yo

Average Age

Experienced Board: 535601's board of directors are not considered experienced ( 1.5 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Sreeleathers Limited
  • Ticker: 535601
  • Exchange: BSE
  • Founded: 1991
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: ₹3.924b
  • Shares outstanding: 25.16m
  • Website: https://www.sreeleathers.com

Number of Employees


Location

  • Sreeleathers Limited
  • 6, Tottee Lane
  • Kolkata
  • West Bengal
  • 700016
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
535601BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2012
SREELNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2012

Biography

Sreeleathers Limited engages in the wholesale and retail of footwear, and leather goods and accessories in India. It offers formal, canvas, and casual, as well as school shoes; chappals; sandals; and accessories, such as belts, wallets, bags, socks, and jewelry and watch boxes for men, women, and kids. Sreeleathers Limited sells its products through approximately 30 retail outlets, including outlets owned by franchise, as well as through its online shopping Website. The company was formerly known as CAT Financial Services Ltd and changed its name to Sreeleathers Limited in October 2010. Sreeleathers Limited was incorporated in 1991 and is based in Kolkata, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 13:18
End of Day Share Price2020/02/20 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.