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 ₹ 25.8 Cr.
- Current Price ₹ 49.1
- High / Low ₹ 61.1 / 0.00
- Stock P/E 15.6
- Book Value ₹ 30.3
- Dividend Yield 0.00 %
- ROCE 21.6 %
- ROE 15.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- 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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| 5 Years: | % |
| 3 Years: | % |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| TTM: | 1% |
| Stock Price CAGR | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 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 | 124.85 | 196.39 | |
| ROCE % | 62.81% | 54.59% | 21.62% |
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
11 Sep - Davin Sons Retail EGM Sep 9, 2025: approved authorised capital increase; preferential equity and warrants to promoters (3,324,978 votes).
-
AGREEMENT FOR TAKING PROPERTY ON RENT
10 Sep - Rent agreement signed for a Gurugram property to open a multibrand clothing store (10 Sep 2025).
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Sep - Completion of dispatch of Notice of 3rd Annual General Meeting to be held on September 30, 2025.
-
Shareholder Meeting / Postal Ballot-Outcome of EGM
9 Sep - EGM on Sep 9, 2025 considered authorised capital increase and preferential equity/warrants issuance to promoters/non-promoters.
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Reg. 34 (1) Annual Report.
8 Sep - AGM on 30 Sep 2025: adopt FY2024-25 audited financials; reappoint Nohit Arora; appoint Priya Binani & Associates as secretarial auditors.
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.