Arex Industries Ltd
₹ 142
-0.52%
27 Mar
- close price
About
Incorporated in 1989, Arex Industries Ltd manufactures and trades in woven and printed labels used by garment manufacturers
Key Points
- Market Cap ₹ 56.4 Cr.
- Current Price ₹ 142
- High / Low ₹ 162 / 76.2
- Stock P/E 21.0
- Book Value ₹ 76.1
- Dividend Yield 0.00 %
- ROCE 5.52 %
- ROE 2.19 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 3.63% over past five years.
- Company has a low return on equity of 4.10% over last 3 years.
- Promoters have pledged 42.3% of their holding.
* 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 - Processing
Loading peers table ...
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
21.93 | 25.99 | 31.70 | 33.04 | 32.15 | 34.94 | 37.66 | 40.72 | 47.17 | 40.88 | 53.75 | 45.02 | 48.40 | |
15.62 | 19.17 | 23.16 | 25.22 | 24.44 | 26.45 | 29.62 | 31.10 | 37.89 | 34.02 | 42.53 | 38.20 | 39.15 | |
Operating Profit | 6.31 | 6.82 | 8.54 | 7.82 | 7.71 | 8.49 | 8.04 | 9.62 | 9.28 | 6.86 | 11.22 | 6.82 | 9.25 |
OPM % | 28.77% | 26.24% | 26.94% | 23.67% | 23.98% | 24.30% | 21.35% | 23.62% | 19.67% | 16.78% | 20.87% | 15.15% | 19.11% |
0.13 | 0.03 | -0.13 | 0.08 | 0.06 | -0.06 | 0.11 | 0.42 | 0.15 | 0.08 | 0.04 | 0.23 | 0.07 | |
Interest | 1.58 | 1.38 | 1.07 | 0.77 | 0.72 | 1.02 | 1.09 | 2.54 | 3.13 | 2.98 | 2.11 | 1.81 | 1.44 |
Depreciation | 4.83 | 4.44 | 4.05 | 3.13 | 2.54 | 2.51 | 2.54 | 4.02 | 4.85 | 4.76 | 4.49 | 4.23 | 4.25 |
Profit before tax | 0.03 | 1.03 | 3.29 | 4.00 | 4.51 | 4.90 | 4.52 | 3.48 | 1.45 | -0.80 | 4.66 | 1.01 | 3.63 |
Tax % | -1,133.33% | 31.07% | 33.13% | 32.50% | 36.36% | 34.29% | 23.67% | 27.59% | 38.62% | -25.00% | 20.60% | 30.69% | |
0.37 | 0.71 | 2.20 | 2.69 | 2.87 | 3.22 | 3.45 | 2.52 | 0.88 | -1.00 | 3.70 | 0.70 | 2.69 | |
EPS in Rs | 0.93 | 1.79 | 5.56 | 6.80 | 7.25 | 8.13 | 8.71 | 6.37 | 2.22 | -2.53 | 9.35 | 1.77 | 6.80 |
Dividend Payout % | 96.32% | 50.20% | 16.20% | 13.25% | 41.39% | 24.60% | 22.96% | 31.43% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 4% |
3 Years: | -2% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | -1% |
5 Years: | -29% |
3 Years: | -10% |
TTM: | 124% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 17% |
3 Years: | 27% |
1 Year: | 87% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 5% |
3 Years: | 4% |
Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
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 | 3.96 | 3.96 | 3.96 | 3.96 | 3.96 | 3.96 | 3.96 | 3.96 | 3.96 | 3.96 | 3.96 | 3.96 | 3.96 |
Reserves | 8.45 | 8.75 | 10.53 | 12.79 | 14.23 | 17.67 | 20.21 | 21.76 | 21.69 | 20.70 | 24.41 | 25.11 | 26.16 |
12.78 | 8.97 | 8.85 | 5.57 | 10.30 | 12.97 | 29.96 | 35.38 | 32.00 | 31.06 | 23.32 | 17.75 | 13.73 | |
4.62 | 4.38 | 3.67 | 2.80 | 4.99 | 3.39 | 5.35 | 6.42 | 6.53 | 6.94 | 6.77 | 5.88 | 8.15 | |
Total Liabilities | 29.81 | 26.06 | 27.01 | 25.12 | 33.48 | 37.99 | 59.48 | 67.52 | 64.18 | 62.66 | 58.46 | 52.70 | 52.00 |
18.14 | 14.88 | 15.07 | 13.68 | 17.68 | 20.15 | 17.78 | 46.36 | 43.21 | 39.41 | 36.14 | 33.39 | 31.88 | |
CWIP | 0.00 | 0.11 | 0.35 | 0.00 | 1.80 | 0.00 | 23.85 | 0.00 | 0.00 | 0.00 | 0.49 | 0.00 | 0.06 |
Investments | 0.02 | 0.02 | 0.02 | 0.03 | 1.03 | 1.26 | 0.12 | 0.02 | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 |
11.65 | 11.05 | 11.57 | 11.41 | 12.97 | 16.58 | 17.73 | 21.14 | 20.97 | 22.24 | 21.83 | 19.31 | 20.06 | |
Total Assets | 29.81 | 26.06 | 27.01 | 25.12 | 33.48 | 37.99 | 59.48 | 67.52 | 64.18 | 62.66 | 58.46 | 52.70 | 52.00 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.84 | 6.70 | 4.30 | 4.83 | 7.16 | 2.59 | 7.73 | 6.83 | 9.79 | 7.48 | 10.46 | 8.12 | |
-0.37 | -1.25 | -4.39 | -1.32 | -9.29 | -3.28 | -22.81 | -8.17 | -1.57 | -1.86 | -0.60 | -0.73 | |
-3.34 | -5.59 | 0.10 | -3.45 | 2.05 | 1.02 | 14.94 | 1.07 | -8.19 | -5.65 | -9.85 | -7.38 | |
Net Cash Flow | 0.13 | -0.14 | 0.01 | 0.06 | -0.08 | 0.33 | -0.15 | -0.26 | 0.02 | -0.03 | 0.01 | 0.00 |
Ratios
Figures in Rs. Crores
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 | 81.55 | 75.56 | 68.62 | 62.53 | 80.27 | 82.21 | 79.96 | 94.12 | 82.64 | 103.21 | 64.10 | 66.00 |
Inventory Days | 209.53 | 134.57 | 110.40 | 107.11 | 137.21 | 139.33 | 126.72 | 201.12 | 198.88 | 224.84 | 228.87 | 234.62 |
Days Payable | 26.75 | 12.60 | 6.63 | 3.77 | 19.66 | 17.54 | 31.68 | 81.26 | 100.09 | 107.42 | 92.02 | 82.34 |
Cash Conversion Cycle | 264.33 | 197.52 | 172.39 | 165.87 | 197.82 | 204.00 | 175.00 | 213.98 | 181.42 | 220.64 | 200.95 | 218.28 |
Working Capital Days | 80.56 | 54.07 | 69.66 | 80.98 | 70.50 | 91.30 | 90.91 | 98.87 | 86.51 | 135.00 | 100.64 | 111.15 |
ROCE % | 6.20% | 10.33% | 20.35% | 20.81% | 20.55% | 19.21% | 12.62% | 9.86% | 7.65% | 3.78% | 12.64% | 5.52% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 27 Feb
- Financial Results For The Quarter Ended 31.12.2023 12 Feb
- Board Meeting Outcome for Disclosure Under Regulation 33 Of The SEBI (Listing Obligation And Disclosure Requirements), Regulations 2015 12 Feb
- Board Meeting Intimation for Notice Of Meeting Of Board To Be Held On 12Th February, 2024 25 Jan
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 23 Jan
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Product Profile:[1]
Company provides 414 million Woven Labels annually of Satin or Taffeta quality in White, Black or Colored Warp-base in 12 Colors. These labels are provided in range of finishes viz., End Fold, Center Fold, Miter Fold, Manhattan Fold, Starched, Specially Coated, Self Adhesive, Thermo Adhesive, Laser Cut, Die Cut, Filled In, Comfort Soft