R&B Denims Ltd
- Market Cap ₹ 197 Cr.
- Current Price ₹ 28.2
- High / Low ₹ 79.4 / 14.0
- Stock P/E 14.2
- Book Value ₹ 11.3
- Dividend Yield 0.00 %
- ROCE 17.9 %
- ROE 19.3 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.7%
- 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
* 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 | |
|---|---|---|---|---|---|
| 244 | 257 | 182 | 293 | 263 | |
| 221 | 237 | 157 | 251 | 228 | |
| Operating Profit | 23 | 20 | 25 | 42 | 34 |
| OPM % | 9% | 8% | 14% | 14% | 13% |
| 0 | 0 | 1 | 3 | 5 | |
| Interest | 7 | 6 | 6 | 6 | 5 |
| Depreciation | 10 | 9 | 7 | 10 | 12 |
| Profit before tax | 7 | 5 | 14 | 29 | 21 |
| Tax % | 32% | 34% | 28% | 27% | 27% |
| Net Profit | 5 | 4 | 10 | 22 | 15 |
| EPS in Rs | 0.55 | 0.47 | 1.18 | 3.02 | 2.21 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| TTM: | -10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 61% |
| TTM: | -31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 61% |
| 1 Year: | -61% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| 14 | 14 | 14 | 14 | 14 | |
| Reserves | 25 | 21 | 29 | 50 | 65 |
| 71 | 70 | 68 | 86 | 42 | |
| 24 | 41 | 26 | 33 | 32 | |
| Total Liabilities | 134 | 145 | 137 | 184 | 154 |
| 52 | 46 | 36 | 61 | 69 | |
| CWIP | 0 | 0 | 14 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 1 |
| 81 | 98 | 85 | 121 | 84 | |
| Total Assets | 134 | 145 | 137 | 184 | 154 |
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% | 18% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
13h - Read with SEBI Circular No. CIR/CFD/CMD1/27/2019 dated February 8, 2019, please find enclosed the Annual Secretarial Compliance Report issued by a Mr. Jainam Navinchandra Shah …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 May - Notice of Postal Ballot and e-voting information were published in the following newspapers on Tuesday 16, 2023: 1. Financial Express (English Edition) and 2. Financial …
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 15 May
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
11 May - Statement of Standalone and Consolidated audited Financial Results for the quarter and year ended March 31, 2023 published in the following newspapers on Thursday May …
-
Disclosure Under Reg. 23(9) Of SEBI (LODR) Regulations, 2015
10 May - Disclosure of Related Party transactions for the half year ended March 31, 2023. Kindly take the same on your record.
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]