R&B Denims Ltd
Incorporated in 2010, R&B Denims Ltd manufactures and sells quality Denim Textile products[1]
- Market Cap ₹ 536 Cr.
- Current Price ₹ 59.5
- High / Low ₹ 70.0 / 26.5
- Stock P/E 37.1
- Book Value ₹ 12.4
- Dividend Yield 0.00 %
- ROCE 18.0 %
- ROE 18.4 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.3%
- Debtor days have improved from 68.1 to 42.2 days.
- Company's working capital requirements have reduced from 58.2 days to 43.1 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.90% over past five years.
* 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 - Cotton/Blended
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 58 | 107 | 154 | 159 | 205 | 217 | 248 | 258 | 174 | 296 | 276 | 251 | |
0 | 52 | 100 | 143 | 148 | 193 | 203 | 235 | 246 | 160 | 262 | 252 | 223 | |
Operating Profit | -0 | 6 | 8 | 12 | 12 | 12 | 15 | 13 | 12 | 14 | 34 | 25 | 28 |
OPM % | 11% | 7% | 7% | 7% | 6% | 7% | 5% | 5% | 8% | 12% | 9% | 11% | |
0 | 1 | 2 | 2 | 4 | 1 | 3 | 1 | 0 | 4 | 3 | 5 | 2 | |
Interest | 0 | 3 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 4 | 3 | 3 |
Depreciation | 0 | 4 | 5 | 8 | 9 | 8 | 6 | 5 | 5 | 4 | 5 | 6 | 7 |
Profit before tax | -0 | 0 | 0 | 1 | 2 | 0 | 7 | 5 | 5 | 10 | 28 | 20 | 19 |
Tax % | 0% | 17% | 54% | 51% | 34% | 198% | 17% | 23% | 27% | 18% | 25% | 25% | |
-0 | 0 | 0 | 0 | 1 | -0 | 6 | 4 | 3 | 8 | 21 | 15 | 14 | |
EPS in Rs | -0.03 | 0.04 | 0.03 | 0.05 | 0.20 | -0.06 | 0.83 | 0.56 | 0.47 | 1.19 | 3.02 | 2.13 | 2.06 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | 5% |
3 Years: | 2% |
TTM: | -17% |
Compounded Profit Growth | |
---|---|
10 Years: | 58% |
5 Years: | 18% |
3 Years: | 59% |
TTM: | -20% |
Stock Price CAGR | |
---|---|
10 Years: | 37% |
5 Years: | 46% |
3 Years: | 96% |
1 Year: | 93% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 20% |
3 Years: | 25% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 2 | 6 | 10 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 11 | 13 | 15 | 15 | 16 | 16 | 22 | 25 | 21 | 29 | 50 | 65 | 73 |
18 | 21 | 36 | 30 | 38 | 33 | 43 | 45 | 46 | 47 | 57 | 34 | 40 | |
1 | 4 | 13 | 10 | 10 | 13 | 32 | 28 | 50 | 28 | 32 | 28 | 30 | |
Total Liabilities | 31 | 44 | 74 | 69 | 79 | 76 | 111 | 113 | 131 | 118 | 153 | 142 | 157 |
27 | 24 | 46 | 38 | 37 | 32 | 26 | 23 | 21 | 17 | 34 | 47 | 43 | |
CWIP | 0 | 1 | 0 | 6 | 2 | 0 | 0 | 0 | 0 | 13 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 13 | 11 | 14 | 16 | 20 | 18 | 19 | 23 | 31 |
4 | 18 | 28 | 25 | 27 | 33 | 71 | 74 | 90 | 69 | 100 | 72 | 82 | |
Total Assets | 31 | 44 | 74 | 69 | 79 | 76 | 111 | 113 | 131 | 118 | 153 | 142 | 157 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 14 | 4 | 21 | 10 | 11 | -5 | 4 | 5 | 8 | 15 | 38 | |
-28 | -2 | -25 | -6 | -15 | 1 | -0 | -4 | -2 | -8 | -7 | -19 | |
25 | -9 | 18 | -15 | 6 | -12 | 5 | -1 | -0 | -0 | 1 | -27 | |
Net Cash Flow | -1 | 4 | -3 | 0 | 1 | -0 | 0 | -0 | 3 | 0 | 9 | -7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 31 | 28 | 16 | 11 | 24 | 59 | 47 | 78 | 86 | 76 | 42 | |
Inventory Days | 44 | 63 | 31 | 45 | 26 | 50 | 46 | 35 | 25 | 18 | 28 | |
Days Payable | 15 | 20 | 17 | 17 | 19 | 58 | 40 | 46 | 30 | 31 | 30 | |
Cash Conversion Cycle | 60 | 70 | 30 | 38 | 31 | 50 | 54 | 66 | 81 | 64 | 40 | |
Working Capital Days | 56 | 43 | 10 | 14 | 17 | 47 | 50 | 49 | 70 | 61 | 43 | |
ROCE % | -0% | 9% | 9% | 9% | 10% | 7% | 16% | 11% | 10% | 16% | 29% | 18% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
20 Apr - In accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended 31st March, 2024, based on the certificate received …
- Closure of Trading Window 30 Mar
- Board Meeting Outcome for Change In Internal Auditors: Outcome Of Board Meeting Of The Company Held On 30Th March, 2024 30 Mar
- Change In Internal Auditors: Outcome Of Board Meeting Of The Company Held On 30Th March, 2024 30 Mar
-
Disclosure Under Regulation 30 - Re-Appointment Of Directors Pursuant To EOGM
29 Mar - EOGM held on 29th March 2024 at the registered office at 01.00 PM, the details of re-appointmnet of whole time directors is enclosed herewith.
Business Overview:[1]
RBDL is promoted by the Rawat Khedia and the Borana groups. It offers large volumes of denim in similar colours and small lots in differentiated
colours