Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Sika Interplant Systems

BSE:523606
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
523606
BSE
₹653M
Market Cap
  1. Home
  2. IN
  3. Capital Goods
Company description

Sika Interplant Systems Limited, together with its subsidiaries, engages in the manufacturing and rendering of services in engineering products, projects, and designs for aerospace, defense and space, and automotive sectors in India. The last earnings update was 222 days ago. More info.


Add to Portfolio Compare Print
  • Sika Interplant Systems has significant price volatility in the past 3 months.
523606 Share Price and Events
7 Day Returns
12.7%
BSE:523606
-1.3%
IN Aerospace & Defense
-3.9%
IN Market
1 Year Returns
-2.6%
BSE:523606
-26.4%
IN Aerospace & Defense
-32.2%
IN Market
523606 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sika Interplant Systems (523606) 12.7% -15% -16.2% -2.6% -33.9% 9.9%
IN Aerospace & Defense -1.3% -14.6% -30.4% -26.4% -32.4% -30.8%
IN Market -3.9% -26.8% -31.7% -32.2% -23.8% -14.9%
1 Year Return vs Industry and Market
  • 523606 outperformed the Aerospace & Defense industry which returned -26.4% over the past year.
  • 523606 outperformed the Market in India which returned -32.2% over the past year.
Price Volatility
523606
Industry
5yr Volatility vs Market

523606 Value

 Is Sika Interplant Systems undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Sika Interplant Systems to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sika Interplant Systems.

BSE:523606 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 13.4%
Perpetual Growth Rate 10-Year IN Government Bond Rate 6.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:523606
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 6.5%
Equity Risk Premium S&P Global 7.9%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.82
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.821 (1 + (1- 35%) (1.87%))
0.887
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.89
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 6.48% + (0.887 * 7.85%)
13.44%

Discounted Cash Flow Calculation for BSE:523606 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Sika Interplant Systems is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BSE:523606 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 13.44%)
2020 62.76 Est @ 26.73% 55.33
2021 75.73 Est @ 20.66% 58.84
2022 88.15 Est @ 16.4% 60.38
2023 99.98 Est @ 13.43% 60.37
2024 111.32 Est @ 11.34% 59.26
2025 122.32 Est @ 9.88% 57.40
2026 133.17 Est @ 8.86% 55.08
2027 144.02 Est @ 8.15% 52.51
2028 155.03 Est @ 7.65% 49.83
2029 166.34 Est @ 7.3% 47.13
Present value of next 10 years cash flows ₹556.00
BSE:523606 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₹166.34 × (1 + 6.48%) ÷ (13.44% – 6.48%)
₹2,544.55
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹2,544.55 ÷ (1 + 13.44%)10
₹720.97
BSE:523606 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹556.00 + ₹720.97
₹1,276.97
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹1,276.97 / 4.24
₹301.16
BSE:523606 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹301.16
Current discount Discount to share price of ₹154.00
= -1 x (₹154.00 - ₹301.16) / ₹301.16
48.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Sika Interplant Systems is available for.
Intrinsic value
49%
Share price is ₹154 vs Future cash flow value of ₹301.16
Current Discount Checks
For Sika Interplant Systems to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sika Interplant Systems's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Sika Interplant Systems's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sika Interplant Systems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sika Interplant Systems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:523606 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹9.90
BSE:523606 Share Price ** BSE (2020-04-03) in INR ₹154
India Aerospace & Defense Industry PE Ratio Median Figure of 8 Publicly-Listed Aerospace & Defense Companies 7.96x
India Market PE Ratio Median Figure of 2,614 Publicly-Listed Companies 9.41x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sika Interplant Systems.

BSE:523606 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:523606 Share Price ÷ EPS (both in INR)

= 154 ÷ 9.90

15.55x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sika Interplant Systems is overvalued based on earnings compared to the IN Aerospace & Defense industry average.
  • Sika Interplant Systems is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Sika Interplant Systems's expected growth come at a high price?
Raw Data
BSE:523606 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Aerospace & Defense Industry PEG Ratio Median Figure of 25 Publicly-Listed Aerospace & Defense Companies 1.78x
India Market PEG Ratio Median Figure of 400 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Sika Interplant Systems, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sika Interplant Systems's assets?
Raw Data
BSE:523606 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹109.66
BSE:523606 Share Price * BSE (2020-04-03) in INR ₹154
India Aerospace & Defense Industry PB Ratio Median Figure of 8 Publicly-Listed Aerospace & Defense Companies 1.44x
India Market PB Ratio Median Figure of 3,613 Publicly-Listed Companies 0.63x
BSE:523606 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:523606 Share Price ÷ Book Value per Share (both in INR)

= 154 ÷ 109.66

1.4x

* Primary Listing of Sika Interplant Systems.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sika Interplant Systems is good value based on assets compared to the IN Aerospace & Defense industry average.
X
Value checks
We assess Sika Interplant Systems's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Aerospace & Defense industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. Sika Interplant Systems has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

523606 Future Performance

 How is Sika Interplant Systems expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Sika Interplant Systems 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17%
Expected Aerospace & Defense industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sika Interplant Systems expected to grow at an attractive rate?
  • Unable to compare Sika Interplant Systems's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sika Interplant Systems's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Sika Interplant Systems's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:523606 Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 17%
Asia Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 10.9%
India Market Earnings Growth Rate Market Cap Weighted Average 19.2%
India Market Revenue Growth Rate Market Cap Weighted Average 8.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:523606 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:523606 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 455 73 42
2018-03-31 223 8 15
2017-03-31 342 48 20

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sika Interplant Systems is high growth as no earnings estimate data is available.
  • Unable to determine if Sika Interplant Systems is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:523606 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sika Interplant Systems Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:523606 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 9.90
2018-03-31 3.49
2017-03-31 4.73

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Sika Interplant Systems will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Sika Interplant Systems is trading at Sika Interplant Systems'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Sika Interplant Systems's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Sika Interplant Systems's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Sika Interplant Systems's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sika Interplant Systems has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

523606 Past Performance

  How has Sika Interplant Systems performed over the past 5 years?

  • Sika Interplant Systems's last earnings update was 222 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sika Interplant Systems's growth in the last year to its industry (Aerospace & Defense).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Sika Interplant Systems's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Sika Interplant Systems's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Sika Interplant Systems's earnings growth has exceeded the IN Aerospace & Defense industry average in the past year (183.8% vs 33.5%).
Earnings and Revenue History
Sika Interplant Systems's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sika Interplant Systems Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:523606 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 455.42 41.99 43.98
2018-03-31 222.93 14.79 36.72
2017-03-31 342.14 20.07 35.48
2016-03-31 415.18 17.39 33.31
2015-03-31 300.70 16.06 27.30
2014-03-31 218.98 13.44 47.31

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Sika Interplant Systems has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sika Interplant Systems used its assets more efficiently than the IN Aerospace & Defense industry average last year based on Return on Assets.
  • Sika Interplant Systems has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sika Interplant Systems's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Aerospace & Defense industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sika Interplant Systems has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

523606 Health

 How is Sika Interplant Systems's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sika Interplant Systems's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sika Interplant Systems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sika Interplant Systems's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sika Interplant Systems's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 14.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sika Interplant Systems Company Filings, last reported 1 year ago.

BSE:523606 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 471.52 12.23 30.60
2018-03-31 441.70 27.68 24.03
2017-03-31 430.99 17.69 38.74
2016-03-31 408.74 25.91 57.55
2015-03-31 388.64 25.92 49.63
2014-03-31 378.37 30.34 36.00
  • Sika Interplant Systems's level of debt (2.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (8% vs 2.6% today).
  • Debt is well covered by operating cash flow (597%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 82.7x coverage).
X
Financial health checks
We assess Sika Interplant Systems's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sika Interplant Systems has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

523606 Dividends

 What is Sika Interplant Systems's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.52%
Current annual income from Sika Interplant Systems dividends.
If you bought ₹2,000 of Sika Interplant Systems shares you are expected to receive ₹10 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Sika Interplant Systems's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.96%).
  • Sika Interplant Systems's dividend is below the markets top 25% of dividend payers in India (4.06%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:523606 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 5.4%
India Market Average Dividend Yield Market Cap Weighted Average of 1419 Stocks 2%
India Minimum Threshold Dividend Yield 10th Percentile 0.4%
India Bottom 25% Dividend Yield 25th Percentile 1%
India Top 25% Dividend Yield 75th Percentile 4.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:523606 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-08-26 0.800 0.445
2019-05-30 0.800 0.455
2018-05-30 0.800 0.534
2017-08-02 0.800 0.457
2017-06-05 0.800 0.428
2016-09-09 0.800 0.440
2015-08-10 0.800 0.639
2014-09-25 0.800 0.726
2013-05-31 0.600 1.647
2012-09-12 0.600 2.810
2011-09-02 0.600 2.701
2010-09-30 0.600 1.555
2009-06-01 0.600 1.346

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Sika Interplant Systems's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (12.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Sika Interplant Systems's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sika Interplant Systems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sika Interplant Systems has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

523606 Management

 What is the CEO of Sika Interplant Systems's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rajeev Sikka
COMPENSATION ₹0
AGE 71
TENURE AS CEO 15.3 years
CEO Bio

Mr. Rajeev Sikka has been the Managing Director and Chairman of Sika Interplant Systems Ltd. since 2005. Mr. Sikka is responsible for introduction of cost control measures and prudent financial management of the Sika Interplant Systems which has helped the Sika Interplant Systems to turn the corner and become an efficient unit in the Industry. He has been Director of Emsac Engineering Pvt Ltd. He has more than 3 decades of experience. Mr. Sikka is a Graduate with Joint Honours in Engineering and Management sciences from University of Strathclyde, Glasgow, UK.

CEO Compensation
  • Rajeev's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Rajeev's remuneration is lower than average for companies of similar size in India.
Management Team

Rajeev Sikka

TITLE
Chairman & MD
AGE
71
TENURE
15.3 yrs

Kunal Sikka

TITLE
CFO & Whole Time Director
AGE
35
TENURE
8.5 yrs

Sriee M.

TITLE
Compliance Officer & Company Secretary

Dinesh Balaraj

TITLE
Chief Operating Officer

Ted Hopper

TITLE
Managing Director of Emsac Engineering Pvt Ltd

K. Sathish

TITLE
Manager of Finance and Asst Company Secretary
Board of Directors Tenure

Average tenure and age of the Sika Interplant Systems board of directors in years:

8.9
Average Tenure
71
Average Age
  • The tenure for the Sika Interplant Systems board of directors is about average.
Board of Directors

Rajeev Sikka

TITLE
Chairman & MD
AGE
71
TENURE
15.3 yrs

Kunal Sikka

TITLE
CFO & Whole Time Director
AGE
35
TENURE
5.5 yrs

C. G. Nair

TITLE
Independent Non-Executive Director
COMPENSATION
₹25K
AGE
78
TENURE
13.3 yrs

Roopsing Chawhan

TITLE
Independent Non-Executive Director
COMPENSATION
₹35K
AGE
71
TENURE
11.8 yrs

Srinivasan Santhanam

TITLE
Independent Non-Executive Director
COMPENSATION
₹35K
AGE
66
TENURE
6.1 yrs

Krishna Sikka

TITLE
Non-Executive Director
COMPENSATION
₹30K
AGE
91
TENURE
5.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Sika Interplant Systems's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sika Interplant Systems has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

523606 News

Simply Wall St News

523606 Company Info

Description

Sika Interplant Systems Limited, together with its subsidiaries, engages in the manufacturing and rendering of services in engineering products, projects, and designs for aerospace, defense and space, and automotive sectors in India. It offers search and rescue products, such as rescue hoists/winches and air ambulance/EMS modules; landing gear and hydraulics products and services that include manufacturing, maintenance, repair, overhaul, and other related facilities; and products and services for interconnection systems, such as harnesses and looms, and electro mechanical assemblies, as well as electronic module integration, manufacturing and engineering, and environmental stress screening services. The company also provides handling systems, including dipping sonar winches, cargo hooks, cargo winches, and marine winches. In addition, it offers maintenance, repair, and overhaul services for airborne handling systems, air intake particle separators, and landing gears and hydraulics. Sika Interplant Systems Limited was founded in 1969 and is headquartered in Bengaluru, India. Sika Interplant Systems Limited is a subsidiary of Ultraweld Engineers Private Limited.

Details
Name: Sika Interplant Systems Limited
523606
Exchange: BSE
Founded: 1969
₹652,986,950
4,240,175
Website: http://www.sikaglobal.com
Address: Sika Interplant Systems Limited
No. 3, Gangadharchetty Road,
Bengaluru,
Karnataka, 560042,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 523606 Equity Shares Mumbai Stock Exchange IN INR 23. May 2005
Number of employees
Current staff
Staff numbers
0
Sika Interplant Systems employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 12:33
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2019/08/26
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.