Bella Casa Fashion & Retail Ltd

Bella Casa Fashion & Retail Ltd

₹ 298 -1.14%
28 Feb - close price
About

Incorporated in 1996, Bella Casa Fashion & Retail Ltd does manufacturing of home furnishings/home made-ups, women ethnic
wear and men's ethnic wear[1]

Key Points

Business Overview:[1]
a) Fashion manufacturing and designing B2B services to 50+ domestic brands and retailers
b) Manufacturing, branding, designing and distribution of home furnishing products under the Bella Casa brand, catering to the B2C market. Currently company's home furnishing products are present in 5000+ retailers

  • Market Cap 342 Cr.
  • Current Price 298
  • High / Low 309 / 107
  • Stock P/E 40.3
  • Book Value 69.9
  • Dividend Yield 0.27 %
  • ROCE 11.7 %
  • ROE 10.7 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Debtor days have improved from 91.8 to 64.9 days.

Cons

  • Stock is trading at 4.27 times its book value
  • The company has delivered a poor sales growth of 10.1% over past five years.
  • Company has a low return on equity of 12.5% over last 3 years.
  • 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 - Products

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
53.49 49.95 24.45 68.23 61.09 52.04 44.13 65.69 51.37 40.57 46.88 64.18 57.96
47.38 46.35 23.09 58.68 55.48 47.40 40.88 60.64 47.09 37.69 42.91 59.29 53.47
Operating Profit 6.11 3.60 1.36 9.55 5.61 4.64 3.25 5.05 4.28 2.88 3.97 4.89 4.49
OPM % 11.42% 7.21% 5.56% 14.00% 9.18% 8.92% 7.36% 7.69% 8.33% 7.10% 8.47% 7.62% 7.75%
0.20 0.15 0.13 0.11 0.18 0.16 0.15 0.09 0.04 0.25 0.11 0.09 0.12
Interest 0.83 0.83 0.94 1.28 1.24 1.21 1.09 1.31 0.73 0.77 0.91 1.04 0.93
Depreciation 0.27 0.33 0.40 0.42 0.43 0.45 0.43 0.45 0.45 0.44 0.45 0.46 0.49
Profit before tax 5.21 2.59 0.15 7.96 4.12 3.14 1.88 3.38 3.14 1.92 2.72 3.48 3.19
Tax % 23.22% 27.80% 40.00% 26.38% 25.00% 32.48% 18.09% 26.04% 26.11% 27.60% 25.74% 25.57% 21.00%
4.00 1.88 0.09 5.86 3.09 2.12 1.55 2.51 2.33 1.38 2.02 2.59 2.51
EPS in Rs 3.49 1.64 0.08 5.11 2.69 1.85 1.35 2.19 2.03 1.20 1.76 2.26 2.19
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
49 58 84 78 84 113 125 147 163 129 206 202 210
44 52 78 73 78 104 112 130 145 118 185 186 193
Operating Profit 5 5 5 5 6 9 12 17 18 11 21 16 16
OPM % 10% 9% 6% 6% 7% 8% 10% 12% 11% 9% 10% 8% 8%
0 0 0 1 0 0 0 0 0 1 1 0 1
Interest 3 4 4 3 3 3 3 4 5 3 5 4 4
Depreciation 0 0 0 1 1 1 1 1 1 1 2 2 2
Profit before tax 1 1 1 2 2 5 9 12 12 7 15 10 11
Tax % 40% 30% 39% 35% 36% 35% 34% 29% 25% 26% 27% 25%
1 1 1 1 1 3 6 9 9 5 11 8 8
EPS in Rs 3.32 4.15 4.29 5.51 1.51 3.55 5.70 7.65 7.96 4.71 9.73 6.76 7.41
Dividend Payout % 0% 0% 0% 0% 0% 0% 9% 13% 15% 20% 20% 10%
Compounded Sales Growth
10 Years: 13%
5 Years: 10%
3 Years: 7%
TTM: -2%
Compounded Profit Growth
10 Years: 25%
5 Years: 6%
3 Years: -5%
TTM: 0%
Stock Price CAGR
10 Years: %
5 Years: 13%
3 Years: 32%
1 Year: 175%
Return on Equity
10 Years: 16%
5 Years: 15%
3 Years: 13%
Last Year: 11%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 2 2 2 2 9 9 10 11 11 11 11 11 11
Reserves 3 4 5 5 3 6 21 38 44 48 58 64 69
24 24 21 26 25 29 48 47 44 49 58 39 43
10 15 18 16 15 32 42 30 23 43 35 29 38
Total Liabilities 39 45 46 49 52 77 121 126 122 152 163 144 161
11 12 7 6 6 6 11 11 14 15 17 17 17
CWIP 0 0 0 0 0 0 0 0 0 1 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 1
27 33 39 43 46 71 110 114 108 136 145 126 143
Total Assets 39 45 46 49 52 77 121 126 122 152 163 144 161

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0 3 2 -2 1 0 -19 -1 11 6 -3 15
-5 -0 4 0 -0 -1 -7 -2 1 -3 -4 9
5 -4 -6 1 -1 1 26 3 -12 0 4 -24
Net Cash Flow 0 -0 1 -1 0 0 -0 -0 -0 3 -3 0

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 67 72 47 73 58 76 110 115 85 121 89 65
Inventory Days 226 243 206 240 274 325 434 353 308 443 334 381
Days Payable 110 134 117 129 113 210 273 149 103 227 127 110
Cash Conversion Cycle 183 181 137 185 219 192 270 319 290 337 297 336
Working Capital Days 116 106 79 111 134 122 178 201 175 230 177 177
ROCE % 19% 17% 17% 15% 15% 20% 19% 19% 17% 10% 17% 12%

Shareholding Pattern

Numbers in percentages

1 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
68.09% 68.09% 68.09% 68.09% 68.09% 68.06% 68.06% 68.06% 68.06% 68.06% 68.06% 68.06%
31.91% 31.91% 31.91% 31.91% 31.91% 31.94% 31.94% 31.94% 31.94% 31.95% 31.94% 31.95%
No. of Shareholders 7181,0611,0221,0981,1711,2161,2661,3001,3131,3271,4171,548

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