BSE:539525

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Navketan Merchants

Executive Summary

Navketan Merchants Limited engages in retail trading of sarees and cotton yarns in India. More Details


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 539525 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 539525's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

0%

539525

1.9%

IN Specialty Retail

3.0%

IN Market


1 Year Return

n/a

539525

-56.8%

IN Specialty Retail

13.5%

IN Market

Return vs Industry: Insufficient data to determine how 539525 performed against the Indian Specialty Retail industry.

Return vs Market: Insufficient data to determine how 539525 performed against the Indian Market.


Shareholder returns

539525IndustryMarket
7 Day0%1.9%3.0%
30 Day7.1%10.9%12.9%
90 Day20.0%-9.3%16.1%
1 Yearn/a-54.4%-56.8%15.6%13.5%
3 Year-68.4%-68.4%-84.4%-84.5%10.0%4.6%
5 Yearn/a-65.4%-66.0%65.2%52.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.025x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 539525's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 539525's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 539525 is unprofitable, so we can't compare its PE Ratio to the IN Specialty Retail industry average.

PE vs Market: 539525 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 539525's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 539525 is good value based on its PB Ratio (0x) compared to the IN Specialty Retail industry average (0.8x).


Next Steps

Future Growth

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

22.8%

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 Navketan Merchants 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 Navketan Merchants performed over the past 5 years?

-55.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 539525 is currently unprofitable.

Growing Profit Margin: 539525 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 539525 is unprofitable, and losses have increased over the past 5 years at a rate of 55% per year.

Accelerating Growth: Unable to compare 539525's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 539525 is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (22.7%).


Return on Equity

High ROE: 539525 has a negative Return on Equity (-0.16%), as it is currently unprofitable.


Next Steps

Financial Health

How is Navketan Merchants's financial position?


Financial Position Analysis

Short Term Liabilities: 539525's short term assets (₹433.1M) exceed its short term liabilities (₹377.6K).

Long Term Liabilities: 539525 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 539525 is debt free.

Reducing Debt: 539525 has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 539525 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 539525 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.8% each year


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 539525's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 539525'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 539525's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 539525'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 539525'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?

1.8yrs

Average management tenure


CEO

Kamal Dani (74 yo)

2.83yrs

Tenure

₹300,000

Compensation

Mr. Kamal Dani serves as Managing Director and Executive Director at Navketan Merchants Ltd., since February 17, 2018. He serves as Director at Specon Engineering Private Limited, Avighna Merchants Private...


CEO Compensation Analysis

Compensation vs Market: Kamal's total compensation ($USD4.06K) is below average for companies of similar size in the Indian market ($USD48.82K).

Compensation vs Earnings: Kamal's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Kamal Dani
MD & Executive Director2.83yrs₹300.00kno data
Goutam Chowdhury
CFO & Directorno datano datano data
Arya Shaw
Company Secretary & Compliance Officer0.50yrno datano data

1.8yrs

Average Tenure

Experienced Management: 539525's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kamal Dani
MD & Executive Director2.83yrs₹300.00kno data
Goutam Chowdhury
CFO & Directorno datano datano data
Shovan Modak
Non-Executive Independent Director1.75yrsno datano data
Nanda Sengupta
Non-Executive Independent Women Director1.42yrsno datano data
Mridul Bhattacharya
Non Executive & Non Independent Director1.17yrsno datano data

1.6yrs

Average Tenure

Experienced Board: 539525's board of directors are not considered experienced ( 1.6 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

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


Key Information

  • Name: Navketan Merchants Limited
  • Ticker: 539525
  • Exchange: BSE
  • Founded: 1994
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: ₹10.819m
  • Shares outstanding: 36.06m
  • Website: https://www.navketanmerchants.com

Number of Employees


Location

  • Navketan Merchants Limited
  • 12, Waterloo Street
  • Kolkata
  • West Bengal
  • 700069
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
539525BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2015

Biography

Navketan Merchants Limited engages in retail trading of sarees and cotton yarns in India. The company was incorporated in 1994 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 Analysis2020/12/04 12:11
End of Day Share Price2020/12/04 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.