R&B Denims Ltd

₹ 31.2 -6.60%
27 Jan - close price
About

R&B Denims was established in the year 2012 and is promoted by the RawatKhedia Group and the Borana Group. The Company is engaged in the business of manufacturing and sale of quality Denim Textile products. [1][2][3]

Key Points

Products
The Co’s products include open end/ ring spun yarns, slub yarns, multi count, cottons and polyester spandex. They come as Indigo dyed, Sulphur Dyed, Indigo bottom Sulphur toppings and Sulphur bottom and Indigo toppings, with both foam and wet finishes. It also has a wide range of innovative and high-quality denim fabrics. [1]

  • Market Cap 218 Cr.
  • Current Price 31.2
  • High / Low 93.0 / 27.4
  • Stock P/E 10.1
  • Book Value 10.8
  • Dividend Yield 0.00 %
  • ROCE 29.2 %
  • ROE 37.3 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 118% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 7.64% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
66.82 62.76 58.98 1.38 31.38 61.19 80.19 46.84 64.69 82.92 101.78 90.74 62.50
63.31 59.39 56.33 1.34 30.43 54.90 73.30 41.35 56.49 73.35 90.60 82.20 54.52
Operating Profit 3.51 3.37 2.65 0.04 0.95 6.29 6.89 5.49 8.20 9.57 11.18 8.54 7.98
OPM % 5.25% 5.37% 4.49% 2.90% 3.03% 10.28% 8.59% 11.72% 12.68% 11.54% 10.98% 9.41% 12.77%
0.28 0.37 -0.23 -0.45 0.71 0.74 2.51 0.25 0.42 0.77 1.09 2.68 0.37
Interest 0.90 0.98 0.94 0.93 0.85 0.57 1.49 0.67 0.79 1.11 1.64 0.97 0.85
Depreciation 1.16 1.16 1.17 0.94 0.92 0.93 0.89 0.85 0.96 1.47 1.42 1.18 1.15
Profit before tax 1.73 1.60 0.31 -2.28 -0.11 5.53 7.02 4.22 6.87 7.76 9.21 9.07 6.35
Tax % 28.32% 18.75% 64.52% 9.65% -18.18% 13.74% 18.23% 23.93% 24.02% 22.68% 27.47% 24.59% 25.67%
Net Profit 1.23 1.30 0.11 -2.07 -0.13 4.78 5.75 3.21 5.22 6.00 6.68 6.84 4.73
EPS in Rs 0.18 0.19 0.02 -0.30 -0.02 0.68 0.82 0.46 0.75 0.86 0.95 0.98 0.68
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
0 0 58 107 154 159 205 217 248 258 174 296 338
0 0 52 100 143 148 193 203 235 246 160 262 301
Operating Profit -0 -0 6 8 12 12 12 15 13 12 14 34 37
OPM % 11% 7% 7% 7% 6% 7% 5% 5% 8% 12% 11%
0 0 1 2 2 4 1 3 1 0 4 3 5
Interest 0 0 3 4 4 4 4 5 4 4 4 4 5
Depreciation 0 0 4 5 8 9 8 6 5 5 4 5 5
Profit before tax -0 -0 0 0 1 2 0 7 5 5 10 28 32
Tax % 0% 0% 17% 54% 51% 34% 198% 17% 23% 27% 18% 25%
Net Profit -0 -0 0 0 0 1 -0 6 4 3 8 21 24
EPS in Rs -1.00 -0.03 0.04 0.03 0.05 0.20 -0.06 0.83 0.56 0.47 1.19 3.02 3.47
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 8%
3 Years: 6%
TTM: 34%
Compounded Profit Growth
10 Years: 92%
5 Years: 118%
3 Years: 73%
TTM: 13%
Stock Price CAGR
10 Years: %
5 Years: 25%
3 Years: 68%
1 Year: -41%
Return on Equity
10 Years: 13%
5 Years: 21%
3 Years: 24%
Last Year: 37%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
0 2 6 10 14 14 14 14 14 14 14 14 14
Reserves -0 11 13 15 15 16 16 22 25 21 29 50 62
0 18 21 36 30 38 33 43 45 46 47 57 20
5 1 4 13 10 10 13 32 28 50 28 32 47
Total Liabilities 5 31 44 74 69 79 76 111 113 131 118 153 143
0 27 24 46 38 37 32 26 23 21 17 34 31
CWIP 0 0 1 0 6 2 0 0 0 0 13 0 4
Investments 0 0 0 0 0 13 11 14 16 20 18 19 16
5 4 18 28 25 27 33 71 74 90 69 100 92
Total Assets 5 31 44 74 69 79 76 111 113 131 118 153 143

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-0 2 14 4 21 10 11 -5 4 5 8 15
-3 -28 -2 -25 -6 -15 1 -0 -4 -2 -8 -7
5 25 -9 18 -15 6 -12 5 -1 -0 -0 1
Net Cash Flow 2 -1 4 -3 0 1 -0 0 -0 3 0 9

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 31 28 16 11 24 59 47 78 86 76
Inventory Days 44 63 31 45 26 50 46 35 25 18
Days Payable 15 20 17 17 19 58 40 46 30 31
Cash Conversion Cycle 60 70 30 38 31 50 54 66 81 64
Working Capital Days 56 43 10 14 17 47 50 49 70 61
ROCE % -0% 9% 9% 9% 10% 7% 16% 11% 10% 16% 29%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
73.79 73.79 73.79 73.79 73.79 73.79 73.79 73.79 73.79 73.79 73.79 73.79
26.21 26.21 26.21 26.21 26.21 26.21 26.21 26.21 26.21 26.21 26.22 26.22

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