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Kaya

NSEI:KAYA
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KAYA
NSEI
₹5B
Market Cap
  1. Home
  2. IN
  3. Consumer Services
Company description

Kaya Limited owns and operates skin care clinics. The last earnings update was 26 days ago. More info.


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KAYA Share Price and Events
7 Day Returns
-7.5%
NSEI:KAYA
-2.5%
IN Consumer Services
-0.4%
IN Market
1 Year Returns
-45.1%
NSEI:KAYA
-30.2%
IN Consumer Services
3.5%
IN Market
KAYA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Kaya (KAYA) -7.5% -7.6% 9.7% -45.1% -47.3% -
IN Consumer Services -2.5% 5.2% 3.4% -30.2% -39.4% -37.2%
IN Market -0.4% 1.6% 8% 3.5% 32.1% 26.3%
1 Year Return vs Industry and Market
  • KAYA underperformed the Consumer Services industry which returned -30.2% over the past year.
  • KAYA underperformed the Market in India which returned 3.5% over the past year.
Price Volatility
KAYA
Industry
5yr Volatility vs Market
Related Companies

KAYA Value

 Is Kaya 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 Kaya 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 Kaya.

NSEI:KAYA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 15.2%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

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 NSEI:KAYA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Consumer Services Unlevered Beta Simply Wall St/ S&P Global 0.68
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.682 (1 + (1- 35%) (35.13%))
0.891
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)
= 7.55% + (0.891 * 8.6%)
15.22%

Discounted Cash Flow Calculation for NSEI:KAYA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Kaya 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.

NSEI:KAYA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 15.22%)
2020 35.00 Analyst x1 30.38
2021 226.00 Analyst x1 170.25
2022 415.75 Est @ 83.96% 271.84
2023 669.52 Est @ 61.04% 379.95
2024 970.75 Est @ 44.99% 478.15
2025 1,298.47 Est @ 33.76% 555.11
2026 1,634.73 Est @ 25.9% 606.57
2027 1,968.09 Est @ 20.39% 633.83
2028 2,293.61 Est @ 16.54% 641.11
2029 2,611.11 Est @ 13.84% 633.48
Present value of next 10 years cash flows ₹4,400.00
NSEI:KAYA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₹2,611.11 × (1 + 7.55%) ÷ (15.22% – 7.55%)
₹36,636.92
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹36,636.92 ÷ (1 + 15.22%)10
₹8,888.44
NSEI:KAYA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹4,400.00 + ₹8,888.44
₹13,288.44
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹13,288.44 / 13.06
₹1017.17
NSEI:KAYA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:KAYA represents 1.00094x of BSE:539276
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00094x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 1,017.17 x 1.00094
₹1,018.13
Value per share (INR) From above. ₹1,018.13
Current discount Discount to share price of ₹370.50
= -1 x (₹370.50 - ₹1,018.13) / ₹1,018.13
63.6%

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

Current Discount
Amount off the current price Kaya is available for.
Intrinsic value
>50%
Share price is ₹370.5 vs Future cash flow value of ₹1018.13
Current Discount Checks
For Kaya to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Kaya's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Kaya'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 Kaya's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Kaya's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:KAYA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in INR ₹-26.64
BSE:539276 Share Price ** BSE (2019-11-19) in INR ₹370.15
India Consumer Services Industry PE Ratio Median Figure of 13 Publicly-Listed Consumer Services Companies 24.55x
India Market PE Ratio Median Figure of 2,665 Publicly-Listed Companies 13.15x

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

** Primary Listing of Kaya.

NSEI:KAYA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:539276 Share Price ÷ EPS (both in INR)

= 370.15 ÷ -26.64

-13.89x

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

  • Kaya is loss making, we can't compare its value to the IN Consumer Services industry average.
  • Kaya is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Kaya's expected growth come at a high price?
Raw Data
NSEI:KAYA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -13.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
82.8%per year
Asia Consumer Services Industry PEG Ratio Median Figure of 54 Publicly-Listed Consumer Services Companies 1.53x
India Market PEG Ratio Median Figure of 591 Publicly-Listed Companies 1.14x

*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 Kaya, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Kaya's assets?
Raw Data
NSEI:KAYA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in INR ₹89.61
BSE:539276 Share Price * BSE (2019-11-19) in INR ₹370.15
India Consumer Services Industry PB Ratio Median Figure of 24 Publicly-Listed Consumer Services Companies 0.65x
India Market PB Ratio Median Figure of 3,555 Publicly-Listed Companies 0.87x
NSEI:KAYA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:539276 Share Price ÷ Book Value per Share (both in INR)

= 370.15 ÷ 89.61

4.13x

* Primary Listing of Kaya.

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

  • Kaya is overvalued based on assets compared to the IN Consumer Services industry average.
X
Value checks
We assess Kaya'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 Consumer Services 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 Consumer Services industry average (and greater than 0)? (1 check)
  5. Kaya has a total score of 2/6, 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.

KAYA Future Performance

 How is Kaya expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
82.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Kaya expected to grow at an attractive rate?
  • Unable to compare Kaya's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Kaya's earnings growth to the India market average as it is expected to be loss making during the next 1-3 years.
  • Kaya's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
Raw Data
NSEI:KAYA Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:KAYA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 82.8%
NSEI:KAYA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 6.6%
India Consumer Services Industry Earnings Growth Rate Market Cap Weighted Average 16.4%
Asia Consumer Services Industry Revenue Growth Rate Market Cap Weighted Average 19.7%
India Market Earnings Growth Rate Market Cap Weighted Average 18%
India Market Revenue Growth Rate Market Cap Weighted Average 11.5%

*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
NSEI:KAYA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:KAYA Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 4,529 1,126 -80 1
2020-03-31 4,200 675 -133 1
2019-11-19
NSEI:KAYA Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-09-30 4,114 105 -328
2019-06-30 4,173 -253
2019-03-31 4,209 217 -160
2018-12-31 4,139 -110
2018-09-30 4,093 -145
2018-06-30 4,032 -143
2018-03-31 4,004 -115 -211
2017-12-31 4,185 100
2017-09-30 4,153 34
2017-06-30 4,123 -358
2017-03-31 4,091 -78 -289
2016-12-31 3,997 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Kaya is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Kaya's revenue is expected to grow by 6.6% yearly, however this is not considered high growth (20% yearly).
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
NSEI:KAYA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

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

NSEI:KAYA Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 -6.10 -6.10 -6.10 1.00
2020-03-31 -10.20 -10.20 -10.20 1.00
2019-11-19
NSEI:KAYA Past Financials Data
Date (Data in INR Millions) EPS *
2019-09-30 -26.64
2019-06-30
2019-03-31 -12.23
2018-12-31
2018-09-30 -11.00
2018-06-30
2018-03-31 -16.22
2017-12-31 7.18
2017-09-30 2.51
2017-06-30 -27.09
2017-03-31 -22.33
2016-12-31 0.20

*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 Kaya will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Kaya'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 India 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.
Kaya 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.

KAYA Past Performance

  How has Kaya performed over the past 5 years?

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 Kaya's growth in the last year to its industry (Consumer Services).
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.
  • Kaya does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Kaya's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Kaya's 1-year growth to the IN Consumer Services industry average as it is not currently profitable.
Earnings and Revenue History
Kaya'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 Kaya Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:KAYA Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 4,113.58 -328.06 828.64
2019-06-30 4,172.88 -253.03 828.64
2019-03-31 4,208.67 -159.64 828.64
2018-12-31 4,139.23 -109.95 864.27
2018-09-30 4,092.89 -145.39 858.24
2018-06-30 4,032.30 -143.01 840.50
2018-03-31 4,003.83 -211.34 827.30
2017-12-31 4,185.43 99.96 819.65
2017-09-30 4,152.89 34.31 828.76
2017-06-30 4,123.41 -357.82 818.30
2017-03-31 4,090.69 -289.49 808.82
2016-12-31 3,997.10 2.61 764.11
2016-09-30 3,976.96 71.30 752.58
2016-06-30 3,837.79 70.73 748.74
2016-03-31 3,699.00 87.98 733.14
2015-03-31 3,322.71 317.83 640.53
2014-03-31 2,902.70 -317.40 600.80
2013-03-31 1,433.30 -304.40 388.80

*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.
  • It is difficult to establish if Kaya has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Kaya has efficiently used its assets last year compared to the IN Consumer Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Kaya improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Kaya'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 Consumer Services 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.
Kaya has a total score of 0/6, 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.

KAYA Health

 How is Kaya'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 Kaya's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Kaya's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Kaya's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Kaya'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 3.9x 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 Kaya Company Filings, last reported 1 month ago.

NSEI:KAYA Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1,200.11 263.40 336.09
2019-06-30 1,588.65 349.41 352.92
2019-03-31 1,588.65 349.41 352.92
2018-12-31 1,743.19 445.80 535.42
2018-09-30 1,743.19 445.80 535.42
2018-06-30 2,118.42 255.60 401.85
2018-03-31 2,118.42 254.70 411.49
2017-12-31 2,237.11 246.60 1,115.29
2017-09-30 2,237.11 246.60 1,115.29
2017-06-30 2,301.36 306.81 889.34
2017-03-31 2,301.36 306.81 889.34
2016-12-31 2,568.11 0.00 1,066.40
2016-09-30 2,568.11 0.00 1,066.40
2016-06-30 2,517.73 2.92 1,160.14
2016-03-31 2,517.73 2.92 1,160.14
2015-03-31 2,346.23 7.73 1,795.33
2014-03-31 827.30 1,132.80 1,826.30
2013-03-31 664.70 1,839.60 666.90
  • Kaya's level of debt (21.9%) 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 (35.5% vs 21.9% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Kaya has sufficient cash runway for more than 3 years based on current free cash flow.
  • Unable to confirm if Kaya has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Kaya'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. Kaya has a total score of 3/6, 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.

KAYA Dividends

 What is Kaya'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%
Current annual income from Kaya dividends.
If you bought ₹2,000 of Kaya shares you are expected to receive ₹0 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?
  • Unable to evaluate Kaya's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Kaya's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
NSEI:KAYA 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 1 Analyst Estimates (S&P Global) See Below
India Consumer Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 1.3%
India Market Average Dividend Yield Market Cap Weighted Average of 1388 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.4%

Industry and Market average data is calculated daily.

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

NSEI:KAYA Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31
2020-03-31
2019-11-19

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

  • Unable to perform a dividend volatility check as Kaya has not reported any payouts.
  • Unable to verify if Kaya's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Kaya's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Kaya has not reported any payouts.
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 Kaya's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - 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 Kaya afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Kaya has a total score of 0/6, see the detailed checks below.


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

KAYA Management

 What is the CEO of Kaya'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
Rajiv Nair
COMPENSATION ₹14,369,996
AGE 46
TENURE AS CEO 3 years
CEO Bio

Mr. Rajiv Nair, B.Com, MBA, has been the Chief Executive Officer of Kaya India at Kaya Limited since November 16, 2016. Mr. Nair served as Business Head of General Merchandise at Hypercity Retail (India) Ltd. Mr. Nair served as the Head of MotherCare of Shoppers Stop Limited. Mr. Nair served as an Assistant Manager-Merchandising of Ivory Property and Hotel Pvt. Ltd. He has over 14 years of retail experience. He has over 8 years of buying & merchandising experience followed by an operations stint in the Shoppers Stop departmental stores. He has worked across the apparel buying and merchandising segments of men's wear, women's wear & kids' wear for Shoppers Stop; working with key brands & developing in-house exclusive brands. Prior to this assignment, he was the business head for Mothercare in India. He was instrumental in setting 17 outlets in India clocking Rs.45 crores in the second year of operations. Mr. Nair holds commerce graduation degree & a Master's Degree in Marketing from the University of Mumbai - Narsee Monjee Institute of Management Studies.

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

Average tenure and age of the Kaya management team in years:

2.5
Average Tenure
47
Average Age
  • The tenure for the Kaya management team is about average.
Management Team

Harsh Mariwala

TITLE
Chairman & MD
AGE
68
TENURE
8 yrs

Rajiv Nair

TITLE
Chief Executive Officer
COMPENSATION
₹14M
AGE
46
TENURE
3 yrs

Saurabh Shah

TITLE
Chief Financial Officer
COMPENSATION
₹5M
TENURE
1.3 yrs

Nitika Dalmia

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹1M
TENURE
1.9 yrs

Bhairavie Puri

TITLE
Chief Operating Officer

Vikas Agarwal

TITLE
Head of Marketing & Business of KSA

Nivedita Nanda

TITLE
Chief Human Resource Officer
AGE
47

Sangeeta Velaskar

TITLE
Head of Medical Services & R&D & VP
Board of Directors Tenure

Average tenure and age of the Kaya board of directors in years:

4.9
Average Tenure
58
Average Age
  • The tenure for the Kaya board of directors is about average.
Board of Directors

Harsh Mariwala

TITLE
Chairman & MD
AGE
68
TENURE
8 yrs

Nikhil Khattau

TITLE
Independent Director
COMPENSATION
₹650K
AGE
56
TENURE
4.7 yrs

Basavanhalli Nagesh

TITLE
Independent Director
COMPENSATION
₹800K
AGE
60
TENURE
4.7 yrs

Rajen Mariwala

TITLE
Non-Executive Director
COMPENSATION
₹450K
AGE
56
TENURE
8 yrs

Irfan Mustafa

TITLE
Independent Director
COMPENSATION
₹450K
AGE
67
TENURE
4.6 yrs

Ameera Shah

TITLE
Independent Director
COMPENSATION
₹550K
AGE
39
TENURE
5.2 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 Kaya'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. Kaya 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.

KAYA News

Simply Wall St News

Should You Worry About Kaya Limited's (NSE:KAYA) CEO Pay?

View our latest analysis for Kaya How Does Rajiv Nair's Compensation Compare With Similar Sized Companies? … On average over the last three years, Kaya Limited has shrunk earnings per share by 47% each year (measured with a line of best fit). … We compared total CEO remuneration at Kaya Limited with the amount paid at companies with a similar market capitalization.

Simply Wall St -

Volatility 101: Should Kaya (NSE:KAYA) Shares Have Dropped 41%?

For example, the Kaya Limited (NSE:KAYA) share price is down 41% in the last year. … Check out our latest analysis for Kaya Kaya isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … Given this fairly low revenue growth (and lack of profits), it's not particularly surprising to see the stock down 41% in a year.

Simply Wall St -

How Much Of Kaya Limited (NSE:KAYA) Do Insiders Own?

View our latest analysis for Kaya NSEI:KAYA Ownership Summary, June 20th 2019 What Does The Institutional Ownership Tell Us About Kaya? … Insider Ownership Of Kaya The definition of company insiders can be subjective, and does vary between jurisdictions. … Private Company Ownership We can see that Private Companies own 46%, of the shares on issue.

Simply Wall St -

Need To Know: Kaya Limited (NSE:KAYA) Insiders Have Been Selling Shares

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So before you buy or sell Kaya Limited (NSE:KAYA), you may well want to know whether insiders have been buying or selling. … But logic dictates you should pay some attention to whether insiders are buying or selling shares.

Simply Wall St -

If You Had Bought Kaya (NSE:KAYA) Stock A Year Ago, You'd Be Sitting On A 32% Loss, Today

Investors in Kaya Limited (NSE:KAYA) have tasted that bitter downside in the last year, as the share price dropped 32%. … Kaya isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip.

Simply Wall St -

Could Kaya Limited's (NSE:KAYA) Investor Composition Influence The Stock Price?

If you want to know who really controls Kaya Limited (NSE:KAYA), then you'll have to look at the makeup of its share registry. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Kaya is a smaller company with a market capitalization of ₹9.5b, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

Before You Buy Kaya Limited (NSE:KAYA), Consider Its Volatility

If you're interested in Kaya Limited (NSE:KAYA), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

How Kaya Limited (NSE:KAYA) Can Impact Your Portfolio Volatility

If you are looking to invest in Kaya Limited’s (NSE:KAYA), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … There are two types of risks that affect the market value of a listed company such as KAYA. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one.

Simply Wall St -

When Should You Buy Kaya Limited (NSE:KAYA)?

received a lot of attention from a substantial price movement on the NSEI over the last few months, increasing to ₹1203.15 at one point, and dropping to the lows of ₹844.85. … A question to answer is whether Kaya's current trading price of ₹918.6 reflective of the actual value of the? … Let’s take a look at Kaya’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

KAYA Company Info

Description

Kaya Limited owns and operates skin care clinics. The company offers solutions in the specialized categories of acne/acne-scar reduction, pigmentation, anti-ageing, laser hair reduction, hair fall, hair transplant and dandruff, and hair health boost, as well as beauty enhancement services. It also provides a range of approximately 80 products covering hair and skin care for men and women. The company sells its products through its own stores shop-in-shops, and general distribution and trade channels; and e-commerce portals, such as Nykaa, Amazon, Jabong, and Myntra, as well as its Website shop.kaya.in. It operates a network of 97 clinics and approximately 500 product retail outlets/touch points in India; and 23 clinics in the Middle-East. Kaya Limited was founded in 2002 and is headquartered in Mumbai, India.

Details
Name: Kaya Limited
KAYA
Exchange: NSEI
Founded: 2002
₹4,853,309,806
13,064,091
Website: http://www.kaya.in
Address: Kaya Limited
23/C, Mahal Industrial Estate,
Mahakali Caves Road,
Mumbai,
Maharashtra, 400093,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 539276 Equity Shares Mumbai Stock Exchange IN INR 14. Aug 2015
NSEI KAYA Equity Shares National Stock Exchange of India IN INR 14. Aug 2015
Number of employees
Current staff
Staff numbers
1,450
Kaya employees.
Industry
Specialized Consumer Services
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 13:01
End of day share price update: 2019/11/19 00:00
Last estimates confirmation: 2019/08/07
Last earnings filing: 2019/10/24
Last earnings reported: 2019/09/30
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.