R&B Denims Ltd
Incorporated in 2010, R&B Denims Ltd manufactures and sells quality Denim Textile products[1]
- Market Cap ₹ 651 Cr.
- Current Price ₹ 72.4
- High / Low ₹ 72.4 / 26.7
- Stock P/E 30.0
- Book Value ₹ 18.0
- Dividend Yield 0.00 %
- ROCE 19.5 %
- ROE 18.0 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 41.1% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 92.4 days to 134 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 244 | 257 | 182 | 293 | 263 | 349 | |
| 221 | 237 | 157 | 251 | 228 | 300 | |
| Operating Profit | 23 | 20 | 25 | 42 | 34 | 49 |
| OPM % | 9% | 8% | 14% | 14% | 13% | 14% |
| 0 | 0 | 1 | 3 | 5 | 4 | |
| Interest | 7 | 6 | 6 | 6 | 5 | 5 |
| Depreciation | 10 | 9 | 7 | 10 | 12 | 17 |
| Profit before tax | 7 | 5 | 14 | 29 | 21 | 30 |
| Tax % | 32% | 34% | 28% | 27% | 27% | 28% |
| 5 | 4 | 10 | 22 | 15 | 22 | |
| EPS in Rs | 0.55 | 0.47 | 1.18 | 3.02 | 2.13 | 2.44 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 24% |
| TTM: | 33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | 38% |
| TTM: | 63% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 40% |
| 5 Years: | 52% |
| 3 Years: | 82% |
| 1 Year: | 140% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 22% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 18 |
| Reserves | 25 | 21 | 29 | 50 | 65 | 144 |
| 71 | 70 | 68 | 86 | 52 | 52 | |
| 24 | 41 | 26 | 33 | 23 | 74 | |
| Total Liabilities | 134 | 145 | 137 | 184 | 154 | 288 |
| 52 | 46 | 36 | 61 | 69 | 98 | |
| CWIP | 0 | 0 | 14 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 1 | 2 |
| 81 | 98 | 85 | 121 | 84 | 187 | |
| Total Assets | 134 | 145 | 137 | 184 | 154 | 288 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 14 | 6 | 16 | 16 | 50 | 24 | |
| -3 | 2 | -11 | -19 | -16 | -22 | |
| -11 | -4 | -5 | 12 | -39 | -8 | |
| Net Cash Flow | -0 | 3 | 0 | 10 | -5 | -5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 47 | 73 | 73 | 70 | 43 | 71 |
| Inventory Days | 58 | 50 | 49 | 51 | 36 | 76 |
| Days Payable | 30 | 36 | 25 | 31 | 19 | 26 |
| Cash Conversion Cycle | 75 | 87 | 98 | 90 | 60 | 121 |
| Working Capital Days | 59 | 59 | 77 | 81 | 62 | 134 |
| ROCE % | 11% | 19% | 26% | 17% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - 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
- Appointment Of Cost Auditor In Board Meeting Of The Company Held On 15Th May, 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