R&B Denims Ltd
Incorporated in 2010, R&B Denims Ltd manufactures and sells quality Denim Textile products[1]
- Market Cap ₹ 828 Cr.
- Current Price ₹ 92.0
- High / Low ₹ 110 / 58.6
- Stock P/E 30.3
- Book Value ₹ 20.3
- Dividend Yield 0.00 %
- ROCE 16.4 %
- ROE 15.9 %
- Face Value ₹ 2.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 7.38% over past five years.
- Earnings include an other income of Rs.16.3 Cr.
- Promoter holding has decreased over last 3 years: -16.4%
- Working capital days have increased from 124 days to 177 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 - Cotton/Blended
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 244 | 257 | 182 | 293 | 263 | 349 | 367 | |
| 221 | 237 | 157 | 251 | 228 | 300 | 322 | |
| Operating Profit | 23 | 20 | 25 | 42 | 34 | 49 | 45 |
| OPM % | 9% | 8% | 14% | 14% | 13% | 14% | 12% |
| 0 | 0 | 1 | 3 | 5 | 4 | 16 | |
| Interest | 7 | 6 | 6 | 6 | 5 | 5 | 7 |
| Depreciation | 10 | 9 | 7 | 10 | 12 | 17 | 16 |
| Profit before tax | 7 | 5 | 14 | 29 | 21 | 30 | 37 |
| Tax % | 32% | 34% | 28% | 27% | 27% | 28% | 26% |
| 5 | 4 | 10 | 22 | 15 | 22 | 27 | |
| EPS in Rs | 0.55 | 0.47 | 1.18 | 3.02 | 2.13 | 2.08 | 3.05 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 8% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | 11% |
| TTM: | 48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 45% |
| 5 Years: | 66% |
| 3 Years: | 7% |
| 1 Year: | 20% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 16% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 18 | 18 |
| Reserves | 25 | 21 | 29 | 50 | 65 | 144 | 165 |
| 71 | 70 | 68 | 86 | 52 | 68 | 94 | |
| 24 | 41 | 26 | 33 | 23 | 57 | 40 | |
| Total Liabilities | 134 | 145 | 137 | 184 | 154 | 287 | 318 |
| 52 | 46 | 36 | 61 | 69 | 98 | 83 | |
| CWIP | 0 | -0 | 14 | 0 | -0 | 0 | 5 |
| Investments | 1 | 1 | 1 | 1 | 1 | 2 | 15 |
| 81 | 98 | 85 | 121 | 84 | 187 | 215 | |
| Total Assets | 134 | 145 | 137 | 184 | 154 | 287 | 318 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 14 | 6 | 16 | 16 | 59 | 24 | 23 | |
| -3 | 2 | -11 | -19 | -17 | -20 | -29 | |
| -11 | -4 | -5 | 12 | -48 | -8 | 13 | |
| Net Cash Flow | -0 | 3 | 0 | 10 | -5 | -4 | 8 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 47 | 73 | 73 | 70 | 43 | 71 | 63 |
| Inventory Days | 58 | 50 | 49 | 51 | 36 | 76 | 99 |
| Days Payable | 30 | 36 | 25 | 31 | 19 | 26 | 21 |
| Cash Conversion Cycle | 75 | 87 | 98 | 90 | 60 | 121 | 141 |
| Working Capital Days | 59 | 59 | 77 | 81 | 62 | 134 | 177 |
| ROCE % | 11% | 19% | 26% | 17% | 19% | 16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - Newspaper publication for the audited standalone and consolidated financial results for the quarter and year ended 31st March, 2025.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
16 May - Annual Secretarial Compliance Report filed for FY ended 31 March 2025 as per SEBI regulations.
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Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On 15Th May, 2025
15 May - Approved FY25 audited financials; appointed cost auditor; changed independent directors and committees.
- Audited Financial Results For March, 2025. 15 May
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Appointment Of Cost Auditor For The Financial Year 2024-25
15 May - Audited FY25 results approved; new independent director appointed; resignation accepted; cost auditor appointed.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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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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Business Profile[1]
R & B Denims Ltd., established in 2012 through a collaboration between the RawatKhedia and Borana groups, is a prominent textile manufacturer based in Surat, India. Both founding groups have over 30 years of experience in the textile industry, with the Borana group producing over 1.5 million meters of polyester grey fabrics monthly and the RawatKhedia group processing over 5 million meters of premium synthetic fabrics per month.
Product Portfolio[2]
a) Fabric Range:
100% Cotton, Blends, Cotton -Tencel, Organic Cotton, Power Stretch, Cotton Elastane, Metallic Coating (Shiny), Yarn Dyed Multiple, Coloured Weft, Cotton/Poly/Elastane
b) Specialized Yarns:
Cotton Tencel, Organic Yarns
c) Weaves:
Plain, Rib Stop, Oxford, Matty, Twill, Satin, Dobby, Knitted Dobby, Herring bone, Honey Comb, Broken Twill
d) Shades:
IBST, SBIT, Dark Indigo, Multi-coloured shades
e) Finishes:
Soft finishes, Sanforizing, Desized Silky feel, Mercerized, Coated fabric, Various Chemical & Mechanical finish.
f) Rico:
High quality carded & combed auto coned grey cotton yarns