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 0.33
- Book Value ₹ 28.3
- Dividend Yield 0.00 %
- ROCE 16.4 %
- ROE 45.5 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.12 times its book value
- Company has delivered good profit growth of 23.4% CAGR over last 5 years
- Debtor days have improved from 189 to 81.1 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company might be capitalizing the interest cost
* 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 119 | 166 | 219 | 179 | 146 | 70 | 5 | 0 | 1 | 0 | 15 | 164 | |
| 129 | 164 | 218 | 184 | 160 | 92 | 20 | 7 | 2 | 1 | 11 | 143 | |
| Operating Profit | -10 | 2 | 1 | -5 | -14 | -22 | -15 | -6 | -2 | -1 | 3 | 22 |
| OPM % | -8% | 1% | 1% | -3% | -9% | -32% | -283% | -1,413% | -211% | -1,750% | 23% | 13% |
| 0 | 1 | 0 | 11 | 25 | 25 | 12 | 11 | 11 | 7 | 0 | 0 | |
| Interest | 10 | 11 | 7 | 12 | 14 | 12 | 11 | 11 | 10 | 7 | 0 | 6 |
| Depreciation | 9 | 11 | 5 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | -28 | -20 | -10 | -9 | -5 | -11 | -16 | -7 | -2 | -2 | 2 | 14 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| -28 | -20 | -10 | -9 | -5 | -11 | -16 | -7 | -2 | -2 | 2 | 14 | |
| EPS in Rs | -21.36 | -14.69 | -7.32 | -6.74 | -3.85 | -8.53 | -12.17 | -5.62 | -1.69 | -1.64 | 1.78 | 10.50 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 100% |
| 3 Years: | 500% |
| TTM: | 1001% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 23% |
| 3 Years: | 102% |
| TTM: | 491% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 9% |
| 3 Years: | -10% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 46% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | |
| Reserves | -54 | -117 | -126 | -135 | -141 | -152 | -167 | -175 | -177 | 10 | 24 | |
| 143 | 151 | 168 | 99 | 113 | 105 | 118 | 128 | 139 | 70 | 116 | ||
| 34 | 45 | 48 | 114 | 108 | 87 | 70 | 63 | 54 | 5 | 12 | ||
| Total Liabilities | 136 | 93 | 102 | 91 | 94 | 53 | 34 | 30 | 29 | 99 | 165 | |
| 93 | 39 | 35 | 33 | 29 | 26 | 24 | 23 | 22 | 55 | 67 | ||
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 10 | |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 44 | 54 | 67 | 58 | 64 | 27 | 10 | 7 | 7 | 40 | 88 | ||
| Total Assets | 136 | 93 | 102 | 91 | 94 | 53 | 34 | 30 | 29 | 99 | 165 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | -0 | 3 | 9 | -16 | 4 | -2 | -0 | -0 | 4 | -76 | ||
| 3 | 0 | -1 | -1 | 15 | 16 | 1 | 0 | 0 | 0 | -10 | ||
| -3 | -1 | -2 | -8 | 1 | -21 | 2 | 0 | 0 | 0 | 82 | ||
| Net Cash Flow | 0 | -1 | 0 | 0 | -1 | -0 | 0 | 0 | 0 | 4 | -4 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 69 | 68 | 56 | 77 | 101 | 62 | 115 | 1,032 | 624 | 297 | 81 | |
| Inventory Days | 72 | 61 | 60 | 48 | 59 | 79 | 302 | 508 | 1,624 | 530 | 112 | |
| Days Payable | 92 | 109 | 125 | 166 | 207 | 342 | 2,306 | 6,678 | 26,354 | 169 | 27 | |
| Cash Conversion Cycle | 49 | 20 | -10 | -41 | -46 | -201 | -1,888 | -5,139 | -24,106 | 658 | 166 | |
| Working Capital Days | -46 | -28 | -5 | -157 | -146 | -447 | -7,095 | -102,240 | -23,821 | 755 | 157 | |
| ROCE % | -16% | -12% | -6% | 20% | 16% |
Documents
Announcements
- Results March 31 2025 18h
- Results-Financial Year 31/03/2025 1d
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Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 27TH DAY OF MAY, 2025 FOR APPROVAL OF AUDITED FINANCIAL RESULTS FOR 04TH QUARTER AND YEAR ENDED MARCH 31, 2025
1d - Approved audited financial results for Q4 and year ended March 31, 2025, with auditor's report.
-
Board Meeting Intimation for Prior Intimation Of Board Meeting Scheduled To Be Held On 27Th Day Of May, 2025
22 May - Board meeting on May 27, 2025, to approve audited financial results for FY 2024-25.
- Closure of Trading Window 31 Mar
Annual reports
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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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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.