Aayush Art and Bullion Ltd
₹ 1,246
-0.13%
14 Aug
11:36 a.m.
About
Incorporated in 2009, Aayush Art and Bullion
Ltd manufactures and trades all types of gold, diamond and silver ornaments and jewellery[1]
Key Points
- Market Cap ₹ 1,908 Cr.
- Current Price ₹ 1,246
- High / Low ₹ 1,256 / 936
- Stock P/E 242
- Book Value ₹ 39.7
- Dividend Yield 0.00 %
- ROCE 18.9 %
- ROE 13.9 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 205% CAGR over last 5 years
- Company's median sales growth is 23.5% of last 10 years
- Company's working capital requirements have reduced from 334 days to 101 days
Cons
- Stock is trading at 31.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 24.6%
- Company has a low return on equity of 8.82% over last 3 years.
- Company has high debtors of 167 days.
- Promoter holding has decreased over last 3 years: -14.2%
* 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Loading peers table ...
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | 11 | 13 | 8 | 2 | 2 | 3 | 13 | 7 | 74 | 216 | |
| 1 | 1 | 11 | 13 | 8 | 2 | 3 | 4 | 13 | 7 | 71 | 206 | |
| Operating Profit | -0 | -0 | 0 | 0 | 0 | -0 | -0 | -0 | 0 | -0 | 2 | 11 |
| OPM % | -30% | -19% | 0.4% | 0.2% | 0.3% | -14% | -2.9% | -13% | 0.0% | -2.0% | 3.3% | 5.0% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | 0 | 0 | 2 | 11 |
| Tax % | 0% | 30% | 50% | 6% | 100% | 2% | 32% | -13% | 25% | 26% | ||
| 0 | 0 | 0 | -0 | 0 | -0 | -0 | -0 | 0 | 0 | 2 | 8 | |
| EPS in Rs | 0.00 | 1.08 | 1.26 | -0.20 | 0.03 | -0.66 | -0.10 | -1.39 | 0.86 | 0.21 | 1.18 | 5.15 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 74% |
| 5 Years: | 145% |
| 3 Years: | 154% |
| TTM: | 193% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 95% |
| 5 Years: | 205% |
| 3 Years: | 212% |
| TTM: | 336% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 165% |
| 1 Year: | 33% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 8% |
| 3 Years: | 9% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.09 | 0.09 | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 12 | 15 | 15 |
| Reserves | 3 | 3 | 2 | 5 | 5 | 5 | 5 | 4 | 7 | 12 | 38 | 45 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 0 | 1 | 6 | 0 | 0 | 1 | 2 | 0 | 0 | 0 | 5 | 65 | |
| Total Liabilities | 3 | 3 | 9 | 8 | 8 | 9 | 9 | 7 | 10 | 25 | 58 | 125 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 3 | 3 | 9 | 7 | 8 | 8 | 9 | 7 | 10 | 25 | 58 | 125 | |
| Total Assets | 3 | 3 | 9 | 8 | 8 | 9 | 9 | 7 | 10 | 25 | 58 | 125 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | -0 | 0 | -4 | -0 | 1 | -0 | -1 | 3 | 0 | -40 | -0 | |
| 0 | 0 | -0 | -1 | 0 | -1 | 0 | 1 | -6 | -14 | 13 | -0 | |
| 0 | 0 | 0 | 5 | 0 | -0 | 0 | -0 | 2 | 15 | 26 | 0 | |
| Net Cash Flow | 0 | -0 | 0 | -0 | 0 | -0 | 0 | 0 | 0 | 1 | -1 | -0 |
| Free Cash Flow | 0 | -0 | -0 | -4 | -0 | 1 | -1 | -1 | 3 | 0 | -41 | -0 |
| CFO/OP | -5% | 250% | 100% | -11,700% | -2,050% | -500% | 629% | 164% | -140% | -1,625% | 6% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 266 | 147 | 100 | 202 | 332 | 0 | 0 | 11 | 0 | 136 | 167 |
| Inventory Days | 0 | 0 | 90 | 59 | 116 | 705 | 528 | 0 | 5 | 17 | 92 | 30 |
| Days Payable | 202 | 0 | 0 | 208 | 290 | 0 | 4 | 21 | 111 | |||
| Cash Conversion Cycle | 0 | 266 | 35 | 159 | 317 | 829 | 239 | 0 | 16 | 14 | 207 | 87 |
| Working Capital Days | 1,360 | 1,159 | 86 | 166 | 335 | 1,218 | 460 | 413 | 9 | 692 | 210 | 101 |
| ROCE % | 0% | 0% | 7% | 0% | 0% | -2% | -0% | -5% | 4% | 1% | 6% | 19% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue Share - Manufactured / Shares & Securities / Sale of Services % |
|
||||||||
| Revenue Share - Traded Goods / Fabric & Laces / Sale of Goods % |
|||||||||
| Number of Permanent Employees count |
|||||||||
Requires Premium
Requires Premium
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Pre-dispatch Newspaper Advertisement for convening the 17th Annual General Meeting ('AGM') of the Company
-
Disclosure Under Regulation 7(2) Read With Regulation 6(2) Of The SEBI (Prohibition Of Insider Trading) Regulations. 2015
- Company received PIT disclosure from M/s Eklingji Broking LLP.
-
Announcement under Regulation 30 (LODR)-Change in Management
- On 23 July 2026, Mehal Bipinchandra Raval appointed Managing Director; Maulik Rajendrabhai Shah resigned.
-
Announcement under Regulation 30 (LODR)-Resignation of Managing Director
- Board appointed Mehal Bipinchandra Raval as Managing Director; Maulik Rajendrabhai Shah resigned, effective 23 July 2026.
-
Board Meeting Outcome for Outcome Of The Board Meeting Pursuant To Regulation 30 Of The SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015
- Board appointed Mehal Bipinchandra Raval as Managing Director; Maulik Rajendrabhai Shah resigned on 23 July 2026.
Business Overview:[1][2]
AABL was engaged in trading of textile products, primarily fabrics, and in manufacturing and processing of lace and embroidery products. Its sales model is divided into two segments:
a) Traded Goods – Includes cotton fabrics, grey cloth, etc.
b) Manufactured/Processed Goods –
Primarily lace-based knitted fabrics. To further expand its operations, the company has entered into the supply of knitted fabrics through job arrangements.
Currently, the company deals in gold, diamond and silver ornaments and jewellery