R&B Denims Ltd
- Market Cap ₹ 257 Cr.
- Current Price ₹ 36.8
- High / Low ₹ 48.0 / 14.0
- Stock P/E 21.9
- Book Value ₹ 12.4
- Dividend Yield 0.00 %
- ROCE 17.2 %
- ROE 18.6 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.4%
- Debtor days have improved from 62.0 to 42.8 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- 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 - 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 | TTM | |
|---|---|---|---|---|---|---|
| 244 | 257 | 182 | 293 | 263 | 234 | |
| 221 | 237 | 157 | 251 | 228 | 202 | |
| Operating Profit | 23 | 20 | 25 | 42 | 34 | 32 |
| OPM % | 9% | 8% | 14% | 14% | 13% | 14% |
| 0 | 0 | 1 | 3 | 5 | 3 | |
| Interest | 7 | 6 | 6 | 6 | 5 | 5 |
| Depreciation | 10 | 9 | 7 | 10 | 12 | 13 |
| Profit before tax | 7 | 5 | 14 | 29 | 21 | 16 |
| Tax % | 32% | 34% | 28% | 27% | 27% | |
| 5 | 4 | 10 | 22 | 15 | 12 | |
| EPS in Rs | 0.55 | 0.47 | 1.18 | 3.02 | 2.13 | 1.68 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| TTM: | -29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 59% |
| TTM: | -48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 86% |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 25 | 21 | 29 | 50 | 65 | 73 |
| 71 | 70 | 68 | 86 | 52 | 89 | |
| 24 | 41 | 26 | 33 | 23 | 85 | |
| Total Liabilities | 134 | 145 | 137 | 184 | 154 | 261 |
| 52 | 46 | 36 | 61 | 69 | 103 | |
| CWIP | 0 | 0 | 14 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 1 | 2 |
| 81 | 98 | 85 | 121 | 84 | 156 | |
| Total Assets | 134 | 145 | 137 | 184 | 154 | 261 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| 14 | 6 | 16 | 16 | 50 | |
| -3 | 2 | -11 | -19 | -16 | |
| -11 | -4 | -5 | 12 | -39 | |
| Net Cash Flow | -0 | 3 | 0 | 10 | -5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Debtor Days | 47 | 73 | 73 | 70 | 43 |
| Inventory Days | 58 | 50 | 49 | 51 | 36 |
| Days Payable | 30 | 36 | 25 | 31 | 19 |
| Cash Conversion Cycle | 75 | 87 | 98 | 90 | 60 |
| Working Capital Days | 59 | 59 | 77 | 81 | 62 |
| ROCE % | 11% | 19% | 26% | 17% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Nov - Copies of Extract of Standalone and Consolidated Unaudited Financial Results for the Quarter and half year ended 30th September, 2023 published in newspaper on 10th …
- List Of Key Managerial Personnel (KMP'S) To Determine Materiality Of An Event Or Information And To Make Disclosures To The Stock Exchanges. 8 Nov
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
8 Nov - Mrs. Jyoti Arun Agarwal has resigned from the post of Company Secretary and Compliance officer w.e.f 08/11/2023
- Unaudited Financial Results For The Quarter And Half Year Ended As On 30Th September, 2023 8 Nov
- Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On 08Th November, 2023 8 Nov
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]