R&B Denims Ltd
Incorporated in 2010, R&B Denims Ltd manufactures and sells quality Denim Textile products[1]
- Market Cap ₹ 519 Cr.
- Current Price ₹ 57.7
- High / Low ₹ 70.0 / 26.5
- Stock P/E 33.1
- Book Value ₹ 12.4
- Dividend Yield 0.00 %
- ROCE 17.2 %
- ROE 18.6 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- 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
- Promoter holding has decreased over last quarter: -16.4%
- 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 | 296 | |
| 221 | 237 | 157 | 251 | 228 | 255 | |
| Operating Profit | 23 | 20 | 25 | 42 | 34 | 41 |
| OPM % | 9% | 8% | 14% | 14% | 13% | 14% |
| 0 | 0 | 1 | 3 | 5 | 2 | |
| Interest | 7 | 6 | 6 | 6 | 5 | 7 |
| Depreciation | 10 | 9 | 7 | 10 | 12 | 15 |
| Profit before tax | 7 | 5 | 14 | 29 | 21 | 22 |
| Tax % | 32% | 34% | 28% | 27% | 27% | |
| 5 | 4 | 10 | 22 | 15 | 16 | |
| EPS in Rs | 0.55 | 0.47 | 1.18 | 3.02 | 2.13 | 2.24 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 59% |
| TTM: | -13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 45% |
| 3 Years: | 89% |
| 1 Year: | 83% |
| 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
-
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