Classic Filaments Limited engages in the wholesale of textiles.
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Classic Filaments's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 540310 has not had significant price volatility in the past 3 months.
7 Day Return
IN Retail Distributors
1 Year Return
IN Retail Distributors
Return vs Industry: Insufficient data to determine how 540310 performed against the Indian Retail Distributors industry.
Return vs Market: Insufficient data to determine how 540310 performed against the Indian Market.
Price Volatility Vs. Market
How volatile is Classic Filaments's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Classic Filaments undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 540310's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 540310's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 540310 is unprofitable, so we can't compare its PE Ratio to the Retail Distributors industry average.
PE vs Market: 540310 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 540310's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 540310 is overvalued based on its PB Ratio (0.8x) compared to the IN Retail Distributors industry average (0.6x).
How is Classic Filaments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Classic Filaments 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.
- Examine Classic Filaments's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Classic Filaments competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
How has Classic Filaments performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 540310 is currently unprofitable.
Growing Profit Margin: 540310 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 540310 is unprofitable, and losses have increased over the past 5 years at a rate of -2.2% per year.
Accelerating Growth: Unable to compare 540310's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 540310 is unprofitable, making it difficult to compare its past year earnings growth to the Retail Distributors industry (-2.1%).
Return on Equity
High ROE: 540310 has a negative Return on Equity (-0.84%), as it is currently unprofitable.
How is Classic Filaments's financial position?
Financial Position Analysis
Short Term Liabilities: 540310's short term assets (₹18.5M) exceed its short term liabilities (₹14.8M).
Long Term Liabilities: 540310 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 540310 is debt free.
Reducing Debt: 540310 has not had any debt for past 5 years.
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: 540310 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 540310 has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 10.5% each year.
What is Classic Filaments's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 540310's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 540310'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 540310's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 540310'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 540310's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Jayantilal Madhubhai Gaudani serves as Managing Director of Classic Filaments Ltd. and also has been its Director since May 24, 2015.
|MD & Director||no data||no data||no data|
|CFO & Director||5.08yrs||no data||no data|
|Independent Non-Executive Director||no data||no data||no data|
|Additional Independent Non-Executive Director||2.83yrs||no data||no data|
|Additional Independent Woman Director||2.75yrs||no data||no data|
Experienced Board: 540310's board of directors are considered experienced (4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Classic Filaments Limited's company bio, employee growth, exchange listings and data sources
- Name: Classic Filaments Limited
- Ticker: 540310
- Exchange: BSE
- Founded: 1990
- Industry: Distributors
- Sector: Retail
- Market Cap: ₹53.797m
- Shares outstanding: 6.11m
- Website: https://www.classicfilamentsltd.com
- Classic Filaments Limited
- Plot No. 1, Priyanka House
- Umiyadham Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|540310||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Feb 2017|
Classic Filaments Limited engages in the wholesale of textiles. The company was incorporated in 1990 and is based in Surat, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/03 13:34|
|End of Day Share Price||2020/05/18 00:00|
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.