Rainbow Denim Ltd
₹ 3.44
4.88%
18 May 2023
About
Incorporated in 1999, Rainbow Denim Limited is engaged in the manufacturing of denim fabrics.
Key Points
- Market Cap ₹ 4.57 Cr.
- Current Price ₹ 3.44
- High / Low ₹ /
- Stock P/E 1.94
- Book Value ₹ 17.8
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.19 times its book value
Cons
- Company has high debtors of 297 days.
- Working capital days have increased from -11,533 days to 755 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 - Products
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 160.29 | 119.33 | 166.11 | 218.69 | 178.64 | 146.13 | 69.83 | 5.19 | 0.46 | 0.76 | 0.08 | 14.92 | |
| 150.94 | 128.89 | 164.38 | 217.50 | 183.97 | 159.93 | 92.23 | 19.87 | 6.96 | 2.36 | 1.48 | 11.48 | |
| Operating Profit | 9.35 | -9.56 | 1.73 | 1.19 | -5.33 | -13.80 | -22.40 | -14.68 | -6.50 | -1.60 | -1.40 | 3.44 |
| OPM % | 5.83% | -8.01% | 1.04% | 0.54% | -2.98% | -9.44% | -32.08% | -282.85% | -1,413.04% | -210.53% | -1,750.00% | 23.06% |
| 0.63 | 0.36 | 0.60 | 0.16 | 11.45 | 24.80 | 25.28 | 11.61 | 11.00 | 10.60 | 7.23 | 0.26 | |
| Interest | 11.37 | 10.02 | 10.73 | 6.57 | 12.02 | 13.84 | 12.20 | 11.20 | 10.81 | 10.14 | 6.97 | 0.23 |
| Depreciation | 9.16 | 9.15 | 11.12 | 4.51 | 3.05 | 2.27 | 2.01 | 1.89 | 1.15 | 1.10 | 1.04 | 1.11 |
| Profit before tax | -10.55 | -28.37 | -19.52 | -9.73 | -8.95 | -5.11 | -11.33 | -16.16 | -7.46 | -2.24 | -2.18 | 2.36 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| -10.55 | -28.38 | -19.52 | -9.73 | -8.95 | -5.11 | -11.33 | -16.16 | -7.46 | -2.24 | -2.18 | 2.36 | |
| EPS in Rs | -14.48 | -21.36 | -14.69 | -7.32 | -6.74 | -3.85 | -8.53 | -12.17 | -5.62 | -1.69 | -1.64 | 1.78 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -19% |
| 5 Years: | -27% |
| 3 Years: | 219% |
| TTM: | 18550% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 16% |
| 3 Years: | 32% |
| TTM: | 208% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 8% |
| 3 Years: | -14% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| 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 | 7.28 | 13.28 | 13.28 | 13.28 | 13.28 | 13.28 | 13.28 | 13.28 | 13.28 | 13.28 | 13.28 | |
| Reserves | -19.39 | -54.24 | -116.68 | -126.41 | -135.43 | -140.59 | -151.99 | -167.40 | -174.93 | -177.20 | 10.38 | |
| 143.70 | 143.15 | 151.10 | 167.80 | 98.57 | 113.07 | 104.57 | 117.65 | 128.46 | 138.59 | 70.33 | ||
| 27.89 | 34.07 | 45.08 | 47.59 | 114.34 | 107.95 | 87.00 | 70.38 | 63.49 | 54.02 | 5.40 | ||
| Total Liabilities | 159.48 | 136.26 | 92.78 | 102.26 | 90.76 | 93.71 | 52.86 | 33.91 | 30.30 | 28.69 | 99.39 | |
| 102.04 | 92.53 | 38.57 | 35.23 | 32.86 | 29.47 | 25.97 | 24.08 | 22.92 | 21.83 | 54.95 | ||
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.02 | |
| Investments | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | |
| 57.40 | 43.69 | 54.17 | 67.00 | 57.87 | 64.21 | 26.86 | 9.80 | 7.35 | 6.83 | 40.39 | ||
| Total Assets | 159.48 | 136.26 | 92.78 | 102.26 | 90.76 | 93.71 | 52.86 | 33.91 | 30.30 | 28.69 | 99.39 |
Cash Flows
Figures in Rs. Crores
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.56 | 0.28 | -0.11 | 2.95 | 9.28 | -16.29 | 4.23 | -2.27 | -0.42 | -0.03 | 4.40 | -75.86 | |
| -0.49 | 2.58 | 0.31 | -0.99 | -0.72 | 14.79 | 16.11 | 0.55 | 0.48 | 0.09 | 0.09 | -10.14 | |
| -2.63 | -2.75 | -1.02 | -1.84 | -8.15 | 0.93 | -20.72 | 1.93 | 0.00 | 0.00 | 0.00 | 81.99 | |
| Net Cash Flow | -0.56 | 0.11 | -0.82 | 0.12 | 0.41 | -0.56 | -0.38 | 0.22 | 0.05 | 0.05 | 4.48 | -4.01 |
Ratios
Figures in Rs. Crores
| 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 | 60.50 | 69.10 | 68.03 | 56.06 | 77.38 | 101.36 | 62.20 | 115.34 | 1,031.52 | 624.34 | 296.99 | |
| Inventory Days | 93.90 | 71.81 | 61.00 | 59.83 | 47.63 | 59.46 | 78.89 | 301.98 | 507.58 | 1,623.88 | 529.90 | |
| Days Payable | 87.71 | 91.82 | 109.31 | 125.48 | 165.92 | 206.90 | 342.24 | 2,305.54 | 6,678.36 | 26,354.49 | 169.25 | |
| Cash Conversion Cycle | 66.70 | 49.09 | 19.72 | -9.59 | -40.92 | -46.09 | -201.14 | -1,888.22 | -5,139.26 | -24,106.27 | 657.64 | |
| Working Capital Days | 17.40 | -46.13 | -27.55 | -5.24 | -157.04 | -146.32 | -447.27 | -7,094.64 | -102,239.67 | -23,821.05 | 755.20 | |
| ROCE % | 0.66% | -15.70% | -11.73% | -6.17% | 19.81% |
Documents
Announcements
- Closure of Trading Window 31 Mar
-
Integrated Filing (Financial)
14 Feb - Integrated financials for quarter and nine months ended December 31, 2024.
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Unaudited Financial Results For 03Rd Quarter And Nine Months Ended December 31, 2024
14 Feb - Board approved un-audited financial results for Q3 2024.
-
Board Meeting Outcome for The Board In Their Meeting Held On Today Considered And Approved Unaudited Financial Results For 03Rd Quarter And None Months Ended 31St December, 2024
14 Feb - Board approved un-audited financial results for Q3 2024.
-
Board Meeting Intimation for Intimation Of Board Meeting Scheduled To Be Held On 14Th Day Of February, 2025 For Approval And Take Note Of Un-Audited Financial Results For Quarter Ended 31St December 2024
11 Feb - Board meeting to approve Q3 financial results.
Annual reports
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
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Financial Year 2017
from bse
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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
from bse
Product Profile:[1]
Company's collection includes denims in weights ranging from 4.5 to 14.5 oz.
a) Weaves: 1/1 Plain weave, 2/1 and 3/1 Twills, Broken Twills, 4/1 Satins, Herringbone Twills
b) Special finishes: Scoured Finish, Mercerized Denims (Flat Finish), Different types of coating (PU based, Acrylic), with different color casts
c) Shades: Normal Indigo Blue, Super Dark Indigo Blue, Sulphur Bottom Indigo Top Shades, Indigo Bottom Sulphur Top Shades, Sulphur Shades, Sandwich shades, with combinations of Indigo and Sulphur layers of dyeing, Tinting and Over Dyeing in different colors – Yellow, Brown, etc.
d) Product range: OE x OE – Basic Denim, OE x Elastane, Ring x OE, Ring x Ring, Ring x Elastane, Crosshatch denims, Stubby Denims, Structured (Dobby) Denims, Different weaves – 1/1 Plain, 2/1, 3/1, Broken Twills, Satins, Polyester filament weft denims, Poly Stretch fabrics, Multi-count denim fabrics, Overdyed and Tinted denims, Silky Denims, Light weight (5 Oz to 6.5 Oz) denims, Doubled yarn warp denims.