Cravatex Ltd
Incorporated in 1951, Cravatex Ltd is in the business of Branded sports goods, wellness and fitness equipment with servicing[1]
- Market Cap ₹ 113 Cr.
- Current Price ₹ 437
- High / Low ₹ 686 / 285
- Stock P/E 14.6
- Book Value ₹ 368
- Dividend Yield 0.34 %
- ROCE -24.1 %
- ROE -212 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.19 times its book value
- Debtor days have improved from 66.3 to 19.0 days.
- Company's working capital requirements have reduced from 51.4 days to 16.2 days
Cons
- The company has delivered a poor sales growth of 7.20% over past five years.
- Earnings include an other income of Rs.20.0 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
239 | 220 | 244 | 232 | 255 | 266 | 356 | 718 | 865 | 532 | 594 | 504 | 236 | |
225 | 207 | 230 | 218 | 249 | 271 | 361 | 694 | 843 | 543 | 592 | 533 | 245 | |
Operating Profit | 14 | 12 | 13 | 14 | 6 | -5 | -6 | 24 | 21 | -11 | 2 | -30 | -9 |
OPM % | 6% | 6% | 5% | 6% | 2% | -2% | -2% | 3% | 2% | -2% | 0% | -6% | -4% |
4 | 5 | 4 | 3 | 3 | 4 | 4 | 4 | 5 | 13 | 10 | 118 | 20 | |
Interest | 4 | 5 | 8 | 10 | 13 | 11 | 5 | 6 | 14 | 15 | 14 | 14 | 2 |
Depreciation | 1 | 1 | 3 | 4 | 3 | 3 | 6 | 6 | 15 | 17 | 16 | 16 | 2 |
Profit before tax | 14 | 10 | 7 | 3 | -7 | -15 | -12 | 17 | -2 | -30 | -19 | 58 | 7 |
Tax % | 32% | 27% | 27% | 28% | -8% | 9% | -2% | 37% | -95% | -3% | -7% | -1% | |
9 | 7 | 5 | 2 | -8 | -14 | -12 | 11 | -5 | -31 | -20 | 59 | 8 | |
EPS in Rs | 35.56 | 28.87 | 18.88 | 9.25 | -30.65 | -53.67 | -47.75 | 41.25 | -18.23 | -118.45 | -76.97 | 228.04 | 31.58 |
Dividend Payout % | 10% | 12% | 18% | 22% | 0% | 0% | -2% | 5% | -16% | -3% | -4% | 1% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 7% |
3 Years: | -16% |
TTM: | -59% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 116% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 9% |
3 Years: | 16% |
1 Year: | 45% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | -212% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 30 | 36 | 40 | 41 | 33 | 19 | 7 | 17 | -4 | -31 | -52 | 90 | 93 |
Preference Capital | 0 | 0 | 0 | 0 | 0 | 0 | 64 | 65 | 64 | 84 | 80 | 0 | |
28 | 46 | 67 | 66 | 72 | 135 | 41 | 52 | 138 | 71 | 88 | 0 | 0 | |
48 | 59 | 51 | 54 | 67 | 63 | 158 | 228 | 305 | 343 | 327 | 44 | 37 | |
Total Liabilities | 108 | 143 | 160 | 164 | 175 | 220 | 208 | 299 | 442 | 385 | 365 | 137 | 132 |
13 | 31 | 29 | 29 | 28 | 53 | 48 | 48 | 92 | 76 | 62 | 8 | 10 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 1 | 25 | 15 | 5 | 5 | 8 |
95 | 112 | 131 | 135 | 147 | 167 | 155 | 250 | 325 | 294 | 298 | 124 | 114 | |
Total Assets | 108 | 143 | 160 | 164 | 175 | 220 | 208 | 299 | 442 | 385 | 365 | 137 | 132 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 35 | -13 | -5 | 32 | -4 | -8 | 144 | ||||
0 | 0 | -24 | -4 | 3 | -37 | 21 | 14 | 42 | ||||
0 | 0 | 38 | -34 | -0 | 37 | -21 | -4 | -168 | ||||
Net Cash Flow | 0 | 0 | 50 | -51 | -2 | 32 | -4 | 3 | 18 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 70 | 96 | 113 | 115 | 106 | 84 | 106 | 76 | 72 | 98 | 82 | 19 |
Inventory Days | 75 | 87 | 87 | 124 | 124 | 84 | 53 | 60 | 49 | 85 | 84 | 29 |
Days Payable | 41 | 51 | 61 | 66 | 71 | 65 | 89 | 16 | 25 | 23 | 36 | 21 |
Cash Conversion Cycle | 104 | 132 | 139 | 173 | 159 | 102 | 70 | 120 | 95 | 160 | 130 | 27 |
Working Capital Days | 74 | 89 | 111 | 126 | 110 | 71 | 62 | 44 | 46 | 72 | 66 | 16 |
ROCE % | 34% | 21% | 15% | 12% | 5% | -3% | -6% | 18% | 6% | -6% | -2% | -24% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 4h
- Closure of Trading Window 1d
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Feb - Attached copy of newspaper advertisement published for unaudited financial results for the quarter and nine months ended 31st December, 2023.
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Announcement under Regulation 30 (LODR)-Change in Directorate
14 Feb - For appointment of Mr. Nakul Toshniwal as an Additional Independent Director of the Company is attached.
- Unaudited Financial Results For Quarter And Nine Months Ended 31/12/2023 14 Feb
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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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