Nahar Spinning Mills Analysis

dividend

Pros

• Dividends per share have increased over the past 10 years.
• Nahar Spinning Mills's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).

Cons

• The company is paying a dividend however it is incurring a loss.
• Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
• Nahar Spinning Mills's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

Pros

• Nahar Spinning Mills is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Nahar Spinning Mills has been profitable on average in the past, therefore cash runway is not a concern.
• Nahar Spinning Mills has been profitable on average in the past, therefore cash runway is not a concern.
• Debt is well covered by operating cash flow (42%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 1.2x debt.
• Nahar Spinning Mills's cash and other short term assets cover its long term commitments.
• The level of debt compared to net worth has been reduced over the past 5 years (107.5% vs 70.7% today).

Cons

• Nahar Spinning Mills is making a loss, therefore interest payments are not well covered by earnings.
• Nahar Spinning Mills's level of debt (70.7%) compared to net worth is high (greater than 40%).
• High level of physical assets or inventory.

management

Pros

• The average tenure for the Nahar Spinning Mills board of directors is over 10 years, this suggests they are a seasoned and experienced board.
• T.'s remuneration is lower than average for companies of similar size in India.
• More shares have been bought than sold by Nahar Spinning Mills individual insiders in the past 3 months.

Cons

misc

Pros

Cons

• Nahar Spinning Mills is not covered by any analysts.
• Nahar Spinning Mills has significant price volatility in the past 3 months.

past

Pros

Cons

• Unable to compare Nahar Spinning Mills's 1-year earnings growth to the 5-year average as it is not currently profitable.
• Nahar Spinning Mills does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
• Nahar Spinning Mills used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
• It is difficult to establish if Nahar Spinning Mills improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
• It is difficult to establish if Nahar Spinning Mills has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
• Unable to compare Nahar Spinning Mills's 1-year growth to the IN Luxury industry average as it is not currently profitable.

value

Pros

• Nahar Spinning Mills's share price is below the future cash flow value, and at a moderate discount (> 20%).
• Nahar Spinning Mills's share price is below the future cash flow value, and at a substantial discount (> 40%).
• Nahar Spinning Mills is good value based on assets compared to the IN Luxury industry average.
• NSEI:NAHARSPING is up 8.7% along with the India market (8%) over the past month.

Cons

• Nahar Spinning Mills is loss making, we can't compare its value to the IN Luxury industry average.
• Nahar Spinning Mills is loss making, we can't compare the value of its earnings to the India market.
• NAHARSPING underperformed the Luxury industry which returned -22.1% over the past year.
• NAHARSPING underperformed the Market in India which returned -14.5% over the past year.
• NSEI:NAHARSPING is up 8.7% underperforming the Luxury industry which returned 9.8% over the past month.