Davin Sons Retail Ltd
Incorporated in March 2022, Davin Sons Retail Limited manufactures and designs a wide range of readymade garments, including jeans, denim jackets, and shirts for other brands.[1]
- Market Cap ₹ 10.3 Cr.
- Current Price ₹ 19.6
- High / Low ₹ 46.2 / 18.6
- Stock P/E 6.22
- Book Value ₹ 30.3
- Dividend Yield 0.00 %
- ROCE 21.6 %
- ROE 15.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.65 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.4%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -27.5%
* 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 Garments & Apparels
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0.00 | 3.83 | 13.39 | 13.53 | |
| 0.00 | 3.14 | 11.05 | 11.01 | |
| Operating Profit | 0.00 | 0.69 | 2.34 | 2.52 |
| OPM % | 18.02% | 17.48% | 18.63% | |
| 0.00 | 0.08 | 0.00 | 0.06 | |
| Interest | 0.00 | 0.00 | 0.02 | 0.20 |
| Depreciation | 0.00 | 0.01 | 0.11 | 0.13 |
| Profit before tax | 0.00 | 0.76 | 2.21 | 2.25 |
| Tax % | 26.32% | 25.34% | 25.78% | |
| 0.00 | 0.57 | 1.64 | 1.66 | |
| EPS in Rs | 0.00 | 51.96 | 4.47 | 3.15 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
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| TTM: | 1% |
| Compounded Profit Growth | |
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| 3 Years: | % |
| TTM: | 1% |
| Stock Price CAGR | |
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| Return on Equity | |
|---|---|
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| 5 Years: | % |
| 3 Years: | 26% |
| Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.05 | 0.11 | 3.67 | 5.26 |
| Reserves | 0.00 | 0.98 | 1.89 | 10.70 |
| 0.00 | 1.28 | 0.24 | 0.90 | |
| 0.00 | 2.19 | 3.03 | 2.58 | |
| Total Liabilities | 0.05 | 4.56 | 8.83 | 19.44 |
| 0.00 | 0.10 | 0.42 | 1.19 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.05 | 4.46 | 8.41 | 18.25 | |
| Total Assets | 0.05 | 4.56 | 8.83 | 19.44 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0.00 | 0.00 | -1.33 | -1.18 | |
| 0.00 | -0.20 | -0.44 | -0.96 | |
| 0.05 | 0.74 | 1.77 | 9.03 | |
| Net Cash Flow | 0.05 | 0.54 | 0.00 | 6.89 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 192.51 | 112.31 | 138.12 | |
| Inventory Days | 156.05 | 115.42 | 127.24 | |
| Days Payable | 234.08 | 83.48 | 47.31 | |
| Cash Conversion Cycle | 114.48 | 144.25 | 218.06 | |
| Working Capital Days | 148.67 | 126.21 | 217.17 | |
| ROCE % | 62.81% | 54.59% | 21.62% |
Documents
Announcements
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DECLARATION WITH RESPECT TO NON-APPLICABILITY OF
SUBMISSION OF RELATED PARTY DISCLOSURES UNDER REGULATION 23(9) OF SEBI (LISTING OBLIGATION AND DISCLOSURE REQUIREMENT) REGULATIONS, 2015.
30 May - Davin Sons Retail declares non-applicability of related party disclosures under SEBI SME regulations.
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Financial Results For The Half Year Ended March 2025 And Year Ended 31.03.2025
30 May - Audited financial results for FY 2024-25 approved; no deviation in IPO proceeds utilization.
- Financial Results For The Half Year Ended March 2025 And Year Ended 31.03.2025 30 May
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Board Meeting Outcome for SUBMISSION OF FINANCIAL RESULTS OF THE COMPANY FOR THE HALF YEAR AND YEAR ENDED 31ST MARCH, 2025 AND STATEMENT ON DEVIATION OR VARIATION FOR PROCEEDS OF PUBLIC ISSUE.
30 May - Davin Sons Retail Ltd announces audited FY25 financial results with unmodified audit opinion and no IPO fund deviation.
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Board Meeting Intimation for INTIMATION OF BOARD MEETING PURSUANT TO REGULATION 29 OF SEBI (LODR) REGULATIONS 2015 CLOSURE OF TRADING WINDOW
23 May - Board meeting on May 30 to approve FY25 audited financial results; trading window closed till 48 hours post-results.
Annual reports
No data available.
Business Divisions[1]
1. Manufacturing of Readymade Garments:
Co. focuses on men's wear, including high-quality jeans, denim jackets, and shirts.
2. Distribution of FMCG Products:
Company distributes branded packaged foods, beverages, and other FMCG products.
Product Portfolio[2][3]
1. Garments:
- Horizontal and check-style printed shirts.
- Denim shirts and jackets.
- Jeans
Manufacturing Capabilities[4]
Garments:
- Outsourced manufacturing with technical supervision for quality and design adherence.
- In-house processes include adding accessories, ironing, finishing, quality checks, barcoding, and dispatching.