Bhansali Engineering Polymers Analysis

dividend

Pros

• Dividends paid are thoroughly covered by earnings (7.5x coverage).
• Bhansali Engineering Polymers's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).

Cons

• Dividend payments have increased, but Bhansali Engineering Polymers only paid a dividend in the past 9 years.
• Whilst dividend payments have been stable, Bhansali Engineering Polymers has been paying a dividend for less than 10 years.
• Bhansali Engineering Polymers's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

Pros

• Bhansali Engineering Polymers is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Bhansali Engineering Polymers is profitable, therefore cash runway is not a concern.
• Bhansali Engineering Polymers is profitable, therefore cash runway is not a concern.
• Bhansali Engineering Polymers has no debt, it does not need to be covered by operating cash flow.
• Bhansali Engineering Polymers has no debt, it does not need to be covered by short term assets.
• Bhansali Engineering Polymers's cash and other short term assets cover its long term commitments.
• Bhansali Engineering Polymers has no debt compared to 5 years ago when it was 16.9%.
• Bhansali Engineering Polymers has no debt, therefore coverage of interest payments is not a concern.
• Bhansali Engineering Polymers has no debt.

Cons

• High level of physical assets or inventory.

management

Pros

• The average tenure for the Bhansali Engineering Polymers board of directors is over 10 years, this suggests they are a seasoned and experienced board.
• Babulal's compensation has been consistent with company performance over the past year, both up more than 20%.
• More shares have been bought than sold by Bhansali Engineering Polymers individual insiders in the past 3 months.
• The average tenure for the Bhansali Engineering Polymers management team is over 5 years, this suggests they are a seasoned and experienced team.

Cons

• Babulal's remuneration is higher than average for companies of similar size in India.

misc

Pros

Cons

• Bhansali Engineering Polymers is not covered by any analysts.
• Bhansali Engineering Polymers has significant price volatility in the past 3 months.

past

Pros

• Bhansali Engineering Polymers has delivered over 20% year on year earnings growth in the past 5 years.
• Bhansali Engineering Polymers used its assets more efficiently than the IN Chemicals industry average last year based on Return on Assets.

Cons

• Bhansali Engineering Polymers's 1-year earnings growth is less than its 5-year average (3.4% vs 37.9%)
• Bhansali Engineering Polymers's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
• Bhansali Engineering Polymers has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
• Bhansali Engineering Polymers's earnings growth has not exceeded the IN Chemicals industry average in the past year (3.4% vs 9.1%).

value

Pros

• BSE:500052 is up 20.1% outperforming the Chemicals industry which returned 6.9% over the past month.
• BSE:500052 is up 20.1% outperforming the market in India which returned 8% over the past month.

Cons

• Bhansali Engineering Polymers's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
• Bhansali Engineering Polymers's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
• Bhansali Engineering Polymers is overvalued based on assets compared to the IN Chemicals industry average.
• Bhansali Engineering Polymers is overvalued based on earnings compared to the IN Chemicals industry average.
• Bhansali Engineering Polymers is overvalued based on earnings compared to the India market.
• 500052 underperformed the Chemicals industry which returned 2.2% over the past year.
• 500052 underperformed the Market in India which returned -14.5% over the past year.