Cravatex Ltd
Incorporated in 1951, Cravatex Ltd is in the business of Branded sports goods, wellness and fitness equipment with servicing[1]
- Market Cap ₹ 107 Cr.
- Current Price ₹ 413
- High / Low ₹ 686 / 285
- Stock P/E 36.5
- Book Value ₹ 61.1
- Dividend Yield 0.36 %
- ROCE 18.0 %
- ROE 17.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Tax rate seems low
- Earnings include an other income of Rs.7.31 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
156.53 | 167.32 | 185.03 | 185.61 | 185.91 | 156.97 | 0.74 | 1.04 | 2.42 | 2.31 | 2.44 | 3.48 | 0.92 | |
144.24 | 155.34 | 173.32 | 172.09 | 182.54 | 158.99 | 3.41 | 3.29 | 5.32 | 4.64 | 4.66 | 6.25 | 3.38 | |
Operating Profit | 12.29 | 11.98 | 11.71 | 13.52 | 3.37 | -2.02 | -2.67 | -2.25 | -2.90 | -2.33 | -2.22 | -2.77 | -2.46 |
OPM % | 7.85% | 7.16% | 6.33% | 7.28% | 1.81% | -1.29% | -360.81% | -216.35% | -119.83% | -100.87% | -90.98% | -79.60% | -267.39% |
4.23 | 4.86 | 4.25 | 2.66 | 2.68 | 8.08 | 5.04 | 7.08 | 7.11 | 9.91 | 8.76 | -22.82 | 7.31 | |
Interest | 3.63 | 5.01 | 7.53 | 9.55 | 11.98 | 9.55 | 1.10 | 1.05 | 0.81 | 0.66 | 0.74 | 1.38 | 0.97 |
Depreciation | 0.90 | 1.27 | 2.73 | 3.59 | 3.08 | 3.12 | 0.95 | 0.83 | 0.85 | 0.74 | 0.70 | 0.81 | 1.35 |
Profit before tax | 11.99 | 10.56 | 5.70 | 3.04 | -9.01 | -6.61 | 0.32 | 2.95 | 2.55 | 6.18 | 5.10 | -27.78 | 2.53 |
Tax % | 31.11% | 28.31% | 27.89% | 25.00% | -2.33% | 52.19% | -31.25% | 23.39% | 9.41% | 6.80% | 13.92% | 2.30% | |
8.26 | 7.56 | 4.12 | 2.28 | -9.23 | -3.15 | 0.42 | 2.26 | 2.32 | 5.77 | 4.39 | -27.14 | 2.92 | |
EPS in Rs | 31.96 | 29.25 | 15.94 | 8.82 | -35.72 | -12.19 | 1.63 | 8.75 | 8.98 | 22.33 | 16.99 | -105.02 | 11.30 |
Dividend Payout % | 10.93% | 11.94% | 21.92% | 22.63% | 0.00% | 0.00% | 61.43% | 22.83% | 33.36% | 13.41% | 17.63% | -1.43% |
Compounded Sales Growth | |
---|---|
10 Years: | -32% |
5 Years: | 36% |
3 Years: | 13% |
TTM: | -74% |
Compounded Profit Growth | |
---|---|
10 Years: | -4% |
5 Years: | 64% |
3 Years: | 29% |
TTM: | -46% |
Stock Price CAGR | |
---|---|
10 Years: | 3% |
5 Years: | 7% |
3 Years: | 15% |
1 Year: | 28% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 12% |
3 Years: | 15% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2.58 | 2.58 | 2.58 | 2.58 | 2.58 | 2.58 | 2.58 | 2.58 | 2.58 | 2.58 | 2.58 | 2.58 | 2.58 |
Reserves | 28.27 | 34.78 | 37.84 | 39.11 | 29.88 | 26.59 | 27.27 | 29.26 | 30.49 | 35.98 | 39.59 | 11.68 | 13.21 |
Preference Capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.44 | 4.82 | 3.89 | 3.99 | 4.02 | 0.00 | |
26.10 | 46.07 | 67.20 | 66.40 | 71.68 | 9.68 | 4.15 | 1.29 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | |
36.85 | 41.76 | 42.01 | 43.14 | 51.40 | 12.10 | 13.77 | 12.91 | 12.23 | 12.25 | 11.68 | 5.57 | 7.72 | |
Total Liabilities | 93.80 | 125.19 | 149.63 | 151.23 | 155.54 | 50.95 | 47.77 | 46.04 | 45.40 | 50.81 | 53.85 | 19.83 | 23.51 |
12.53 | 30.25 | 28.63 | 28.41 | 27.05 | 11.20 | 10.26 | 9.32 | 8.32 | 8.41 | 7.73 | 7.39 | 9.82 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.42 | 0.42 | 0.42 | 0.42 | 0.42 | 33.13 | 33.13 | 34.14 | 35.10 | 40.35 | 43.13 | 5.04 | 8.04 |
80.85 | 94.52 | 120.58 | 122.40 | 128.07 | 6.62 | 4.38 | 2.58 | 1.98 | 2.05 | 2.99 | 7.40 | 5.65 | |
Total Assets | 93.80 | 125.19 | 149.63 | 151.23 | 155.54 | 50.95 | 47.77 | 46.04 | 45.40 | 50.81 | 53.85 | 19.83 | 23.51 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-4.65 | 2.09 | -17.33 | 0.73 | 8.54 | 104.22 | -3.01 | -1.21 | -2.04 | -2.02 | -3.23 | -4.58 | |
-1.41 | -18.90 | -0.99 | -3.63 | -1.58 | -17.41 | 4.08 | 4.96 | 5.12 | 3.63 | 5.27 | 16.05 | |
7.82 | 19.09 | 20.23 | -1.69 | -7.28 | -86.33 | -1.61 | -4.14 | -3.77 | -1.23 | -1.67 | -8.96 | |
Net Cash Flow | 1.76 | 2.28 | 1.91 | -4.59 | -0.31 | 0.48 | -0.54 | -0.39 | -0.70 | 0.38 | 0.37 | 2.51 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 94.00 | 104.25 | 137.12 | 129.26 | 128.30 | 2.37 | 207.16 | 80.72 | 95.02 | 23.70 | 1.50 | 12.59 |
Inventory Days | 96.48 | 92.60 | 112.79 | 151.03 | 155.53 | 3.65 | 127.41 | 14.04 | 1.58 | 1.66 | 0.00 | 0.00 |
Days Payable | 66.83 | 68.86 | 82.06 | 84.63 | 95.78 | 0.29 | 123.96 | 52.64 | 127.99 | 14.93 | ||
Cash Conversion Cycle | 123.64 | 127.99 | 167.85 | 195.66 | 188.05 | 5.73 | 210.61 | 42.12 | -31.39 | 10.43 | 1.50 | 12.59 |
Working Capital Days | 106.19 | 114.85 | 145.64 | 158.32 | 155.20 | -5.63 | 646.15 | -659.81 | -348.41 | -206.99 | -405.39 | -306.26 |
ROCE % | 31.80% | 21.46% | 13.85% | 11.67% | 2.80% | -2.34% | 3.63% | 10.34% | 8.93% | 17.46% | 13.07% | 17.97% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 29 Apr
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Compliance - PCS Certificate Under Regulation 40(9)
23 Apr - PCS Certificate under Regulation 40(9) of SEBI (LODR) Regulations, 2015 for the Financial Year ended 31/03/2024 is attached.
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Compliance Certificate Under Regulation 7(3) For Financial Year Ended 31/03/2024
5 Apr - Compliance Certificate under Regulation 7(3) of SEBI (LODR) Regulations, 2015 for the Financial Year ended 31/03/2024 is attached.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations 2018 is attached.
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Announcement under Regulation 30 (LODR)-Change in Directorate
1 Apr - For cessation of Mr. N. Santhanam as an Independent Director of the Company is attached.
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
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Financial Year 2014
from bse
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2008
from bse
Business Overview:[1]
Company is a holding company of The Batra Group. It used to own a chain of dry cleaners in India and subsequently diversified into Garment Export, Textile Processing and Printing. At present, company is a Retail, Brand Licensing, Distribution & Sourcing company