Rainbow Denim Ltd
₹ 3.44
4.88%
18 May
- close price
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 ₹ 5.74 / 2.67
- Stock P/E
- Book Value ₹ -123
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -66.4% over past five years.
- Earnings include an other income of Rs.10.6 Cr.
- Company has high debtors of 624 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 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 154.42 | 180.36 | 160.29 | 119.33 | 166.11 | 218.69 | 178.64 | 146.13 | 69.83 | 5.19 | 0.46 | 0.76 | |
| 134.39 | 180.46 | 150.94 | 128.89 | 164.38 | 217.50 | 183.97 | 159.93 | 92.23 | 19.87 | 6.96 | 2.36 | |
| Operating Profit | 20.03 | -0.10 | 9.35 | -9.56 | 1.73 | 1.19 | -5.33 | -13.80 | -22.40 | -14.68 | -6.50 | -1.60 |
| OPM % | 12.97% | -0.06% | 5.83% | -8.01% | 1.04% | 0.54% | -2.98% | -9.44% | -32.08% | -282.85% | -1,413.04% | -210.53% |
| 25.59 | 2.57 | 0.63 | 0.36 | 0.60 | 0.16 | 11.45 | 24.80 | 25.28 | 11.61 | 11.00 | 10.60 | |
| Interest | 13.37 | 11.35 | 11.37 | 10.02 | 10.73 | 6.57 | 12.02 | 13.84 | 12.20 | 11.20 | 10.81 | 10.14 |
| Depreciation | 8.94 | 8.96 | 9.16 | 9.15 | 11.12 | 4.51 | 3.05 | 2.27 | 2.01 | 1.89 | 1.15 | 1.10 |
| Profit before tax | 23.31 | -17.84 | -10.55 | -28.37 | -19.52 | -9.73 | -8.95 | -5.11 | -11.33 | -16.16 | -7.46 | -2.24 |
| 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% |
| Net Profit | 23.31 | -17.84 | -10.55 | -28.38 | -19.52 | -9.73 | -8.95 | -5.11 | -11.33 | -16.16 | -7.46 | -2.24 |
| EPS in Rs | 12.80 | -9.80 | -14.48 | -21.36 | -14.69 | -7.32 | -6.74 | -3.85 | -8.53 | -12.17 | -5.62 | -1.69 |
| 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: | -42% |
| 5 Years: | -66% |
| 3 Years: | -78% |
| TTM: | 65% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 12% |
| 3 Years: | 24% |
| TTM: | 70% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 3% |
| 3 Years: | 16% |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 18.21 | 18.21 | 7.28 | 13.28 | 13.28 | 13.28 | 13.28 | 13.28 | 13.28 | 13.28 | 13.28 | 13.28 | |
| Reserves | -15.70 | -19.30 | -19.39 | -54.24 | -116.68 | -126.41 | -135.43 | -140.59 | -151.99 | -167.40 | -174.93 | -177.20 |
| 147.85 | 137.67 | 143.70 | 143.15 | 151.10 | 167.80 | 98.57 | 113.07 | 104.57 | 117.65 | 128.46 | 138.59 | |
| 32.30 | 28.19 | 27.89 | 34.07 | 45.08 | 47.59 | 114.34 | 107.95 | 87.00 | 70.38 | 63.49 | 54.02 | |
| Total Liabilities | 182.66 | 164.77 | 159.48 | 136.26 | 92.78 | 102.26 | 90.76 | 93.71 | 52.86 | 33.91 | 30.30 | 28.69 |
| 115.57 | 111.57 | 102.04 | 92.53 | 38.57 | 35.23 | 32.86 | 29.47 | 25.97 | 24.08 | 22.92 | 21.83 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| 67.04 | 53.16 | 57.40 | 43.69 | 54.17 | 67.00 | 57.87 | 64.21 | 26.86 | 9.80 | 7.35 | 6.83 | |
| Total Assets | 182.66 | 164.77 | 159.48 | 136.26 | 92.78 | 102.26 | 90.76 | 93.71 | 52.86 | 33.91 | 30.30 | 28.69 |
Cash Flows
Figures in Rs. Crores
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.53 | 23.71 | 2.56 | 0.28 | -0.11 | 2.95 | 9.28 | -16.29 | 4.23 | -2.27 | -0.42 | -0.03 | |
| -0.66 | -6.11 | -0.49 | 2.58 | 0.31 | -0.99 | -0.72 | 14.79 | 16.11 | 0.55 | 0.48 | 0.09 | |
| -1.65 | -18.06 | -2.63 | -2.75 | -1.02 | -1.84 | -8.15 | 0.93 | -20.72 | 1.93 | 0.00 | 0.00 | |
| Net Cash Flow | 1.22 | -0.46 | -0.56 | 0.11 | -0.82 | 0.12 | 0.41 | -0.56 | -0.38 | 0.22 | 0.05 | 0.05 |
Ratios
Figures in Rs. Crores
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 45.34 | 46.89 | 60.50 | 69.10 | 68.03 | 56.06 | 77.38 | 101.36 | 62.20 | 115.34 | 1,031.52 | 624.34 |
| Inventory Days | 183.95 | 66.19 | 93.90 | 71.81 | 61.00 | 59.83 | 47.63 | 59.46 | 78.89 | 301.98 | 507.58 | 1,623.88 |
| Days Payable | 67.92 | 74.09 | 87.71 | 91.82 | 109.31 | 125.48 | 165.92 | 206.90 | 342.24 | 2,305.54 | 6,678.36 | 26,354.49 |
| Cash Conversion Cycle | 161.36 | 38.99 | 66.70 | 49.09 | 19.72 | -9.59 | -40.92 | -46.09 | -201.14 | -1,888.22 | -5,139.26 | -24,106.27 |
| Working Capital Days | 71.83 | 18.60 | 17.40 | -46.13 | -27.55 | -5.24 | -157.04 | -146.32 | -447.27 | -7,094.64 | -102,239.67 | -23,821.05 |
| ROCE % | 8.36% | -5.39% | 0.66% | -15.70% | -11.73% | -6.17% | 19.81% |
Documents
Announcements
- Board Meeting Outcome for Outcome Of Board Meeting Dated 30.05.2022 31 May 2022
- Audited Financial Results For The Quarter And Financial Year Ended March 31, 2022. 31 May 2022
- Certificate Under Regulation 40(9) Of The SEBI (LODR) Regulations, 2015 For The Financial Year Ended March 31, 2022 28 Apr 2022
-
Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)
26 Apr 2022 - Hon'ble National Company Law Tribunal (NCLT), Chandigarh Bench has passed an Order of Liquidation of the Company on April 12, 2022. A certified copy of …
- Compliance Certificate Pursuant To Regulation 7 (3) Of The SEBI (LODR) Regulations, 2015 25 Apr 2022
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
from bse
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Financial Year 2015
from bse
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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
from bse
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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.