Mittal Life Style
Market Cap
₹1.2b
Last Updated
2020/01/20 13:07 UTC
Data Sources
Company Financials
Executive Summary
Mittal Life Style Limited supplies bottom weight fabrics and denims in India.
Snowflake Analysis
Flawless balance sheet with questionable track record.
Share Price & News
How has Mittal Life Style's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MITTAL has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.9%
MITTAL
0.4%
IN Retail Distributors
1.9%
IN Market
1 Year Return
99.5%
MITTAL
-29.3%
IN Retail Distributors
8.1%
IN Market
Return vs Industry: MITTAL exceeded the Indian Retail Distributors industry which returned -32.9% over the past year.
Return vs Market: MITTAL exceeded the Indian Market which returned 6.7% over the past year.
Shareholder returns
| MITTAL | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.9% | 0.4% | 1.9% |
| 30 Day | 1.2% | -1.4% | 3.1% |
| 90 Day | 15.8% | -11.7% | 6.5% |
| 1 Year | 99.5%99.5% | -29.0%-29.3% | 10.1%8.1% |
| 3 Year | n/a | -11.9%-13.1% | 35.1%28.0% |
| 5 Year | n/a | -66.5%-66.8% | 36.6%24.2% |
Price Volatility Vs. Market
How volatile is Mittal Life Style's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Mittal Life Style's (NSE:MITTAL) Share Price Gain Of 195% Well Earned?1 month ago | Simply Wall St
Is Mittal Life Style Limited (NSE:MITTAL) An Attractive Dividend Stock?2 months ago | Simply Wall St
Do Mittal Life Style's (NSE:MITTAL) Earnings Warrant Your Attention?Valuation
Is Mittal Life Style undervalued compared to its fair value and its price relative to the market?
8.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MITTAL (₹103.15) is trading below our estimate of fair value (₹112.7)
Significantly Below Fair Value: MITTAL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MITTAL is poor value based on its PE Ratio (88.3x) compared to the Retail Distributors industry average (55.7x).
PE vs Market: MITTAL is poor value based on its PE Ratio (88.3x) compared to the Indian market (13.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MITTAL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MITTAL is overvalued based on its PB Ratio (9.8x) compared to the IN Retail Distributors industry average (0.8x).
Next Steps
Future Growth
How is Mittal Life Style forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
10.5%
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 Mittal Life Style 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
- Examine Mittal Life Style'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.
- Mittal Life Style competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
Past Performance
How has Mittal Life Style performed over the past 5 years?
39.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MITTAL has high quality earnings.
Growing Profit Margin: MITTAL's current net profit margins (1.5%) are lower than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: MITTAL's earnings have grown significantly by 39.4% per year over the past 5 years.
Accelerating Growth: MITTAL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MITTAL had negative earnings growth (-10.3%) over the past year, making it difficult to compare to the Retail Distributors industry average (5.8%).
Return on Equity
High ROE: MITTAL's Return on Equity (11.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Mittal Life Style's financial position?
Financial Position Analysis
Short Term Liabilities: MITTAL's short term assets (₹277.2M) exceed its short term liabilities (₹140.3M).
Long Term Liabilities: MITTAL's short term assets (₹277.2M) exceed its long term liabilities (₹16.2M).
Debt to Equity History and Analysis
Debt Level: MITTAL's debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: MITTAL's debt to equity ratio has reduced from 106.5% to 38.2% over the past 5 years.
Debt Coverage: MITTAL's debt is well covered by operating cash flow (70.6%).
Interest Coverage: MITTAL's interest payments on its debt are well covered by EBIT (4.1x coverage).
Balance Sheet
Inventory Level: MITTAL has a high level of physical assets or inventory.
Debt Coverage by Assets: MITTAL's debt is covered by short term assets (assets are 5.9x debt).
Next Steps
Dividend
What is Mittal Life Style's current dividend yield, its reliability and sustainability?
0.29%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MITTAL's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.56%).
High Dividend: MITTAL's dividend (0.29%) is low compared to the top 25% of dividend payers in the Indian market (2.31%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether MITTAL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MITTAL's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.7%), MITTAL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Mittal Life Style's salary, the management and board of directors tenure and is there insider trading?
2.3yrs
Average management tenure
CEO
Brijeshkumar Mittal (59yo)
2.3yrs
Tenure
₹1,200,000
Compensation
Mr. Brijeshkumar Jagdishkumar Mittal serves as Chairman of Mittal Life Style Limited and serves as its Managing Director since October 3, 2017. Mr. Mittal has experience in the field of textile, whose ind ...
CEO Compensation Analysis
Compensation vs Market: Brijeshkumar's total compensation ($USD16.93K) is below average for companies of similar size in the Indian market ($USD50.75K).
Compensation vs Earnings: Brijeshkumar's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.3yrs
Average Tenure
Experienced Management: MITTAL's management team is considered experienced (2.3 years average tenure).
Board Age and Tenure
2.3yrs
Average Tenure
58yo
Average Age
Experienced Board: MITTAL's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Insider Trading
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.
Management Team
Pratik Mittal (30yo)
CFO & Director
- Tenure: 5.3yrs
- Compensation: ₹1.20m
Brijeshkumar Mittal (59yo)
Chairman & MD
- Tenure: 2.3yrs
- Compensation: ₹1.20m
Jalpa Purohit
Company Secretary & Compliance Officer
- Tenure: 2.4yrs
- Compensation: ₹208.50k
Board Members
Pratik Mittal (30yo)
CFO & Director
- Tenure: 5.3yrs
- Compensation: ₹1.20m
Brijeshkumar Mittal (59yo)
Chairman & MD
- Tenure: 2.3yrs
- Compensation: ₹1.20m
Sudha Mittal (58yo)
Non Executive Woman Director
Praful Shah
Independent Director
- Tenure: 2.3yrs
Prasun Modi
Independent Director
- Tenure: 2.3yrs
Company Information
Mittal Life Style Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mittal Life Style Limited
- Ticker: MITTAL
- Exchange: NSEI
- Founded: 2005
- Industry: Distributors
- Sector: Retail
- Market Cap: ₹1.213b
- Shares outstanding: 11.75m
- Website: https://www.mittallifestyle.in
Number of Employees
Location
- Mittal Life Style Limited
- Unit No. 8/9, Ravikiran
- Ground Floor
- Mumbai
- Maharashtra
- 400053
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MITTAL | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Apr 2018 |
Biography
Mittal Life Style Limited supplies bottom weight fabrics and denims in India. It offers fashion fabrics, cotton canvas denims, dupion bottom fabrics, polyester fabrics, cotton fabrics, knit fabrics, etc. to textile industry. The company was founded in 2005 and is based in Mumbai, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/20 13:07 |
| End of Day Share Price | 2020/01/16 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.