Siyaram Silk Mills Limited NSE: SIYSIL stockholders haven’t had the best quarter because the share price was down 10% then. Please spare a thought for those affected by the 47% decrease over the past twelve months since not all shareholders will, regrettably, have held it for the long term. On the plus side, returns have been relatively good over the past five years. After all, the share price has increased by a market-beating 78% throughout that time
Warren Buffett wrote in his essay The Superinvestors of Graham-and-Doddsville about how stock prices don’t always accurately reflect a company’s worth. A flawed but straightforward technique to assess how the market’s view of a company has changed is to contrast the change in earnings per share (EPS) with the movement of the share price.
Siyaram Silk Mills NSE: SIYSIL achieved compound earnings per share (EPS) growth of 8.8% per year during five years of a share price increase. The 12% average yearly gain in share price is less than this EPS growth. It means that the company is now more highly regarded by market participants. Given the earnings growth trend over the previous five years, that is perhaps not entirely unexpected.
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Where Do Dividends Fit In?
Both the share price return and the total shareholder return should be taken into account for any particular stock. The TSR is based on the supposition that dividends are reinvested and includes the value of any spin-offs or discounted capital raisings in addition to any bonuses. Therefore, the TSR is sometimes much larger than the share price return for companies that pay generous dividends. We observe that Siyaram Silk Mills’ TSR during the previous five years was 87%, which is higher than the share above price return. And it is no surprise that the dividend payments account for a significant portion of the discrepancy.
A Different Viewpoint Of NSE: SIYSIL
Siyaram Silk Mills NSE: SIYSIL shareholders fared worse than the general market, losing 46% over a year (even after dividends). However, it might just be that public market concerns have affected the share price. On the plus side, long-term investors have profited, with a gain of 13% per year over five years. If there is an excellent opportunity, keeping an eye on the fundamentals may be worthwhile. The recent sell-off can present an option worth taking into account if the basic facts continue to point to long-term sustainable growth. Is Siyaram Silk Mills affordable in comparison to other businesses? You might find that these 3 valuation metrics are helpful.
Regarding Siyaram Silk Nse: Siysil
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Manufacturing and selling textile products is what Siyaram Silk Mills Ltd. does. Yarns, home furnishings, retail, ready-to-use, and fabrics make up its product line. The company’s headquarters are in Mumbai, India, and it was establish on June 29, 1978.
Conclusion
The textiles industry-focused Siyaram Silk Mills Ltd. NSE: SIYSIL was founded in 1978 and is a small-cap business with a market cap of Rs 2,189.07 crore. Fabrics, job work, and other operating revenue are among the primary product/revenue segments for Siyaram Silk Mills Ltd.’s fiscal year ending March 31, 2022. Consolidated Total Income for the quarter ending December 31, 2022, was Rs. 515.34 crore, down 9.88% from the same quarter last year and 20.11% from the previous quarter’s Total Income of Rs. 645.08 crores.
It is the most recent quarter, and the company generated a net profit after tax of Rs. 51.87 crores. The top management of the company consists of Mr Ramesh D. Poddar, Mr Shrikishan D. Poddar, Mr Asok N. Desai, Mr Chetan S. Thakkar, Mr Deepak R. Shah, Mrs Mangala R. Prabhu, Mr Sachindra N. Chaturvedi, Mr Asok M. Jalan, Mr Gaurav P. D S M R & Co. are the company’s auditors. 4.69 billion shares of the corporation were outstanding as of March 31, 2023.