Ashnoor Textile Mills Analysis

dividend

Pros

Cons

• Unable to evaluate Ashnoor Textile Mills's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
• Unable to evaluate Ashnoor Textile Mills's dividend against the top 25% market benchmark as the company has not reported any payouts.

health

Pros

• Ashnoor Textile Mills is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Ashnoor Textile Mills is profitable, therefore cash runway is not a concern.
• Ashnoor Textile Mills is profitable, therefore cash runway is not a concern.
• Debt is covered by short term assets, assets are 1.5x debt.
• Ashnoor Textile Mills's cash and other short term assets cover its long term commitments.
• Interest payments on debt are well covered by earnings (EBIT is 4x coverage).

Cons

• Operating cash flow is negative therefore debt is not well covered.
• The level of debt compared to net worth has increased over the past 5 years (130.2% vs 133.7% today).
• Ashnoor Textile Mills's level of debt (133.7%) compared to net worth is high (greater than 40%).
• High level of physical assets or inventory.

management

Pros

• The tenure for the Ashnoor Textile Mills board of directors is about average.
• Suneel's remuneration is about average for companies of similar size in India.
• Suneel's compensation has been consistent with company performance over the past year, both up more than 20%.

Cons

misc

Pros

Cons

• Ashnoor Textile Mills is not covered by any analysts.

past

Pros

• Ashnoor Textile Mills's 1-year earnings growth exceeds its 5-year average (117.3% vs 34.8%)
• Ashnoor Textile Mills has delivered over 20% year on year earnings growth in the past 5 years.
• Ashnoor Textile Mills used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
• Ashnoor Textile Mills has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
• Ashnoor Textile Mills's earnings growth has exceeded the IN Luxury industry average in the past year (117.3% vs 8.3%).

Cons

• Ashnoor Textile Mills has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

value

Pros

• Ashnoor Textile Mills is good value based on assets compared to the IN Luxury industry average.
• Ashnoor Textile Mills is good value based on earnings compared to the IN Luxury industry average.
• Ashnoor Textile Mills is good value based on earnings compared to the India market.
• BSE:507872 is up 12.1% outperforming the Luxury industry which returned 9.8% over the past month.
• BSE:507872 is up 12.1% outperforming the market in India which returned 8% over the past month.

Cons

• 507872 underperformed the Luxury industry which returned -22.1% over the past year.
• 507872 underperformed the Market in India which returned -14.5% over the past year.