Aayush Art and Bullion Ltd
Incorporated in 2009, Aayush Art and Bullion
Ltd manufactures and trades all types of gold, diamond and silver ornaments and jewellery[1]
- Market Cap ₹ 1,934 Cr.
- Current Price ₹ 1,263
- High / Low ₹ 1,287 / 956
- Stock P/E 245
- 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 31.6 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
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: | 127% |
| 3 Years: | 216% |
| 1 Year: | 29% |
| 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 % |
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| Revenue Share - Traded Goods / Fabric & Laces / Sale of Goods % |
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| Number of Permanent Employees count |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
- Board approved appointment of Mr. Belim Rifaqathussain Mehboobbhai as CFO on 24 August 2026.
-
Board Meeting Outcome for Outcome Of The Board Meeting Pursuant To Regulation 30 Of The SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015
- Mr. Belim Rifaqathussain Mehboobbhai appointed CFO on 24 August 2026.
-
Appointment of Company Secretary and Compliance Officer
- Board appointed Anuj Maheswari as CS/Compliance Officer; CFO Bhagyashri Agrawal resigned effective 20 August 2026.
-
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
- Board approved Anuj Maheswari as CS/Compliance Officer; CFO Bhagyashri Agrawal resigned effective 20 August 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 Anuj Maheswari as Company Secretary; CFO Bhagyashri Agrawal resigned effective 20 August 2026.
Business Overview:[1][2]
AABL was engaged in the trading of textile products, primarily fabrics, and in the 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.