Cravatex Ltd

Cravatex Ltd

₹ 371 -6.52%
24 Jul - close price
About

Incorporated in 1951, Cravatex Ltd is in the business of Branded sports goods, wellness and fitness equipment with servicing[1]

Key Points

Business Overview:[1][2]
CL, is a part of the Batra Group. The company, along with its subsidiary, is engaged in the business of branded sports goods, wellness, and fitness equipment, with servicing.

  • Market Cap 95.7 Cr.
  • Current Price 371
  • High / Low 555 / 300
  • Stock P/E 14.2
  • Book Value 462
  • Dividend Yield 3.51 %
  • ROCE 7.82 %
  • ROE 5.95 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.80 times its book value
  • Stock is providing a good dividend yield of 3.51%.
  • Company has been maintaining a healthy dividend payout of 44.0%

Cons

  • The company has delivered a poor sales growth of -22.3% over past five years.
  • Company has a low return on equity of 5.25% over last 3 years.
  • Earnings include an other income of Rs.16.8 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
83.74 56.60 57.45 37.90 50.68 25.78 55.04 32.43 60.52 23.13 51.45 36.79 39.51
87.03 56.42 59.62 41.69 52.56 28.11 53.03 34.30 60.01 29.24 48.70 39.23 40.10
Operating Profit -3.29 0.18 -2.17 -3.79 -1.88 -2.33 2.01 -1.87 0.51 -6.11 2.75 -2.44 -0.59
OPM % -3.93% 0.32% -3.78% -10.00% -3.71% -9.04% 3.65% -5.77% 0.84% -26.42% 5.34% -6.63% -1.49%
6.59 1.58 6.03 5.82 2.68 3.48 2.14 2.24 2.09 5.21 3.80 4.52 3.30
Interest 1.31 0.08 0.08 0.13 0.11 0.11 0.11 0.11 0.09 0.09 0.09 0.09 0.09
Depreciation 0.44 0.47 0.53 0.49 0.39 0.34 0.34 0.40 0.40 0.38 0.38 0.38 0.37
Profit before tax 1.55 1.21 3.25 1.41 0.30 0.70 3.70 -0.14 2.11 -1.37 6.08 1.61 2.25
Tax % -147.74% 64.46% 4.00% 43.97% -70.00% 30.00% 28.38% -278.57% 31.75% 0.73% 14.31% 16.77% 28.44%
3.84 0.42 3.11 0.79 0.50 0.48 2.65 0.25 1.44 -1.37 5.22 1.35 1.60
EPS in Rs 14.86 1.63 12.03 3.06 1.93 1.86 10.25 0.97 5.57 -5.30 20.20 5.22 6.19
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
232 255 266 356 718 865 532 594 504 203 174 151
218 249 271 361 694 843 543 592 533 210 175 157
Operating Profit 14 6 -5 -6 24 21 -11 2 -30 -8 -2 -6
OPM % 6% 2% -2% -2% 3% 2% -2% 0% -6% -4% -1% -4%
3 3 4 4 4 5 13 10 118 16 10 17
Interest 10 13 11 5 6 14 15 14 14 0 0 0
Depreciation 4 3 3 6 6 15 17 16 16 2 1 2
Profit before tax 3 -7 -15 -12 17 -2 -30 -19 58 6 6 9
Tax % 28% 8% -9% 2% 37% 95% 3% 7% -1% 22% 24% 21%
2 -8 -14 -12 11 -5 -31 -20 59 5 5 7
EPS in Rs 9.25 -30.65 -53.67 -47.75 41.25 -18.23 -118.45 -76.97 228.04 18.69 18.69 26.31
Dividend Payout % 22% 0% 0% -2% 5% -16% -3% -4% 1% 16% 67% 49%
Compounded Sales Growth
10 Years: -5%
5 Years: -22%
3 Years: -33%
TTM: -13%
Compounded Profit Growth
10 Years: 11%
5 Years: 17%
3 Years: 29%
TTM: 40%
Stock Price CAGR
10 Years: 5%
5 Years: 4%
3 Years: -3%
1 Year: -25%
Return on Equity
10 Years: %
5 Years: %
3 Years: 5%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 3 3 3 3 3 3 3 3 3 3 3 3
Reserves 41 33 19 7 17 -4 -31 -52 90 96 104 117
66 72 135 105 117 202 155 167 0 0 0 0
54 67 63 94 163 241 259 247 44 26 34 27
Total Liabilities 164 175 220 208 299 442 385 365 137 125 141 146
29 28 53 48 48 92 76 62 8 9 9 8
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 6 1 25 15 5 5 8 16 19
135 147 167 155 250 325 294 298 124 108 116 119
Total Assets 164 175 220 208 299 442 385 365 137 125 141 146

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0 0 35 -13 -5 32 -4 -8 144 19 3 1
0 0 -24 -4 3 -37 21 14 42 -1 -1 3
0 0 38 -34 -0 37 -21 -4 -168 -0 -1 -3
Net Cash Flow 0 0 50 -51 -2 32 -4 3 18 17 2 1
Free Cash Flow 0 0 13 -13 -10 24 -6 -9 182 18 1 1
CFO/OP 0% 0% -779% 188% -10% 163% 25% -300% -485% -274% -245% -48%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 115 106 84 106 76 72 98 82 19 25 50 40
Inventory Days 124 124 84 53 60 49 85 84 29 28 40 111
Days Payable 66 71 65 89 16 25 23 36 21 25 43 39
Cash Conversion Cycle 173 159 102 70 120 95 160 130 27 28 47 111
Working Capital Days 42 20 -4 40 27 10 24 29 16 15 19 43
ROCE % 12% 5% -3% -6% 18% 6% -6% -2% -24% 7% 7% 8%

Insights

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Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Number of Permanent Employees
Persons ・Standalone data

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Dividend Received from BB (UK) Limited
Rs. in Lacs ・Standalone data
Domestic Revenue
Rs. in Lacs
International Revenue
Rs. in Lacs
Sports Segment Revenue
Rs. in Lacs
Wellness Segment Revenue
Rs. in Lacs

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
25.00% 24.99% 25.00% 24.99% 24.99% 24.99% 25.00% 25.00% 25.00% 25.00% 25.00% 25.00%
No. of Shareholders 2,0982,1192,3082,2902,3222,3302,2882,4332,4562,3722,3412,492

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