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 ₹ 1,790 Cr.
- Current Price ₹ 1,169
- High / Low ₹ 1,220 / 830
- Stock P/E 227
- 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 29.4 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
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% | 0% | 0% | -14% | -3% | -13% | 0% | -2% | 3% | 5% |
| 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: | 159% |
| 1 Year: | 40% |
| 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Textiles (Embroidery, Lace, Fabrics) INR Lakhs |
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| Revenue from Bullion and Jewelry INR Lakhs |
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| Total Employee Count Number |
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| Embroidery Machine Count Number |
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| Schiffli Machine Count Number |
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Extracted by Screener AI
Documents
Announcements
- Standalone Audited Financial Results Of The Company For The Half Year And Financial Year Ended 31St March 2026 21 May
-
Board Meeting Outcome for Outcome Of The Board Meeting Pursuant To Regulation 30 Of SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015- Financial Results
21 May - Board approved FY26 standalone audited results; PAT rose to ₹789.17 lakh, with unmodified auditor opinion.
-
Board Meeting Intimation for Prior Intimation Of The Board Meeting Pursuant To Regulation 29 Of SEBI (Listing Obligations & Disclosures Requirements), Regulations, 2015
18 May - Board to meet on 21 May 2026 to approve audited FY26 and half-year results.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
16 Apr - Aayush Art says annual secretarial compliance report is not applicable for FY2026 under SME exemption.
-
Intimation Of Termination/Removal Of Company Secretary And Compliance Officer Of The Company
16 Apr - Company Secretary and Compliance Officer Pankaj Kumar Rawat removed effective 15 April 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