R&B Denims Ltd
Incorporated in 2010, R&B Denims Ltd manufactures and sells quality Denim Textile products[1]
- Market Cap ₹ 582 Cr.
- Current Price ₹ 64.7
- High / Low ₹ 76.0 / 26.7
- Stock P/E 31.6
- Book Value ₹ 18.0
- Dividend Yield 0.00 %
- ROCE 18.6 %
- ROE 15.3 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 36.5% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 1.12% over past five years.
- Working capital days have increased from 71.0 days to 109 days
* 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.
Peer comparison
Sector: Textiles Industry: Textiles - Cotton/Blended
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
58 | 107 | 154 | 159 | 205 | 217 | 248 | 258 | 174 | 296 | 276 | 262 | |
52 | 100 | 143 | 148 | 193 | 203 | 235 | 246 | 160 | 262 | 252 | 230 | |
Operating Profit | 6 | 8 | 12 | 12 | 12 | 15 | 13 | 12 | 14 | 34 | 25 | 32 |
OPM % | 11% | 7% | 7% | 7% | 6% | 7% | 5% | 5% | 8% | 12% | 9% | 12% |
1 | 2 | 2 | 4 | 1 | 3 | 1 | 0 | 4 | 3 | 5 | 3 | |
Interest | 3 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 4 | 3 | 3 |
Depreciation | 4 | 5 | 8 | 9 | 8 | 6 | 5 | 5 | 4 | 5 | 6 | 7 |
Profit before tax | 0 | 0 | 1 | 2 | 0 | 7 | 5 | 5 | 10 | 28 | 20 | 25 |
Tax % | 17% | 54% | 51% | 34% | 198% | 17% | 23% | 27% | 18% | 25% | 25% | 25% |
0 | 0 | 0 | 1 | -0 | 6 | 4 | 3 | 8 | 21 | 15 | 19 | |
EPS in Rs | 0.04 | 0.03 | 0.05 | 0.20 | -0.06 | 0.83 | 0.56 | 0.47 | 1.19 | 3.02 | 2.13 | 2.08 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 1% |
3 Years: | 15% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 51% |
5 Years: | 37% |
3 Years: | 30% |
TTM: | 39% |
Stock Price CAGR | |
---|---|
10 Years: | 38% |
5 Years: | 52% |
3 Years: | 73% |
1 Year: | 125% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 20% |
3 Years: | 21% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 10 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 18 |
Reserves | 13 | 15 | 15 | 16 | 16 | 22 | 25 | 21 | 29 | 50 | 65 | 144 |
21 | 36 | 30 | 38 | 33 | 43 | 45 | 46 | 47 | 57 | 34 | 24 | |
4 | 13 | 10 | 10 | 13 | 32 | 28 | 50 | 28 | 32 | 28 | 42 | |
Total Liabilities | 44 | 74 | 69 | 79 | 76 | 111 | 113 | 131 | 118 | 153 | 142 | 228 |
24 | 46 | 38 | 37 | 32 | 26 | 23 | 21 | 17 | 34 | 47 | 45 | |
CWIP | 1 | 0 | 6 | 2 | 0 | 0 | 0 | 0 | 13 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 13 | 11 | 14 | 16 | 20 | 18 | 19 | 23 | 62 |
18 | 28 | 25 | 27 | 33 | 71 | 74 | 90 | 69 | 100 | 72 | 121 | |
Total Assets | 44 | 74 | 69 | 79 | 76 | 111 | 113 | 131 | 118 | 153 | 142 | 228 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
14 | 4 | 21 | 10 | 11 | -5 | 4 | 5 | 8 | 15 | 38 | 9 | |
-2 | -25 | -6 | -15 | 1 | -0 | -4 | -2 | -8 | -7 | -19 | -42 | |
-9 | 18 | -15 | 6 | -12 | 5 | -1 | -0 | -0 | 1 | -27 | 29 | |
Net Cash Flow | 4 | -3 | 0 | 1 | -0 | 0 | -0 | 3 | 0 | 9 | -7 | -3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 31 | 28 | 16 | 11 | 24 | 59 | 47 | 78 | 86 | 76 | 42 | 69 |
Inventory Days | 44 | 63 | 31 | 45 | 26 | 50 | 46 | 35 | 25 | 18 | 28 | 32 |
Days Payable | 15 | 20 | 17 | 17 | 19 | 58 | 40 | 46 | 30 | 31 | 30 | 37 |
Cash Conversion Cycle | 60 | 70 | 30 | 38 | 31 | 50 | 54 | 66 | 81 | 64 | 40 | 64 |
Working Capital Days | 56 | 43 | 10 | 14 | 17 | 47 | 50 | 49 | 70 | 61 | 43 | 109 |
ROCE % | 9% | 9% | 9% | 10% | 7% | 16% | 11% | 10% | 16% | 29% | 18% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Secretarial Compliance Report for the year ended 31/03/2024
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - Of newspaper advertisement of Standalone and Consolidated Financial results for quarter and year ended 31/03/2024
- M/S Ricon Industries, Subsidiary Has Become Material Subsidiary Of The Company 16 May
- Statement Of No Deviation And Variation For 31/03/2024 15 May
- Statement Of No Deviation And Variation For 31/03/2024 15 May
Business Overview:[1]
RBDL is promoted by the Rawat Khedia and the Borana groups. It offers large volumes of denim in similar colours and small lots in differentiated
colours