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 ₹ 23.7 Cr.
- Current Price ₹ 45.0
- High / Low ₹ 61.1 / 18.0
- Stock P/E 15.9
- Book Value ₹ 30.5
- 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
* 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 | TTM | |
|---|---|---|---|---|---|
| 0.00 | 3.83 | 13.39 | 13.53 | 11.28 | |
| 0.00 | 3.14 | 11.05 | 11.01 | 8.93 | |
| Operating Profit | 0.00 | 0.69 | 2.34 | 2.52 | 2.35 |
| OPM % | 18.02% | 17.48% | 18.63% | 20.83% | |
| 0.00 | 0.08 | 0.00 | 0.06 | 0.01 | |
| Interest | 0.00 | 0.00 | 0.02 | 0.20 | 0.13 |
| Depreciation | 0.00 | 0.01 | 0.11 | 0.13 | 0.18 |
| Profit before tax | 0.00 | 0.76 | 2.21 | 2.25 | 2.05 |
| Tax % | 26.32% | 25.34% | 25.78% | ||
| 0.00 | 0.57 | 1.64 | 1.66 | 1.49 | |
| EPS in Rs | 0.00 | 51.96 | 4.47 | 3.15 | 2.83 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.05 | 0.11 | 3.67 | 5.26 | 5.26 |
| Reserves | 0.00 | 0.98 | 1.89 | 10.70 | 10.77 |
| 0.00 | 1.28 | 0.24 | 0.90 | 0.34 | |
| 0.00 | 2.19 | 3.03 | 2.58 | 2.30 | |
| Total Liabilities | 0.05 | 4.56 | 8.83 | 19.44 | 18.67 |
| 0.00 | 0.10 | 0.42 | 1.19 | 1.36 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.05 | 4.46 | 8.41 | 18.25 | 17.31 | |
| Total Assets | 0.05 | 4.56 | 8.83 | 19.44 | 18.67 |
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
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Declaration Under Regulation 32 Of SEBI LODR Regulations, 2015 Of The Actual Objects Along With The Amount Against Which The Issue Proceeds Of Preferential Issue Will Be Utilized
28 Nov - Preferential issue: 19.25L shares, 11.5L warrants at ₹25; proceeds ₹7.6875 crore for retail expansion
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Announcement under Regulation 30 (LODR)-Preferential Issue
28 Nov - Preferential issue to raise ₹768.75 lakh: 19.25L equity and 11.5L warrants at ₹25; approved Sept 9, 2025.
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Board Meeting Outcome for OUTCOME OF MEETING OF THE Board OF THE COMPANY HELD ON 27TH NOVEMBER 2025 AND SUBMISSION OF UNAUDITED FINANCIAL RESULTS OF THE COMPANY FOR THE HALF YEAR ENDED 30TH SEPTEMBER 2025
27 Nov - Unaudited H1 ended 30Sep2025: revenue Rs404.20L, PAT Rs56.49L; auditor unmodified; 'Houz of Tags' trademark assigned.
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Financial Results Of 30Th September, 2025
27 Nov - Board approved unaudited H1 (30‑Sep‑2025) results: Revenue ₹404.20L, Net Profit ₹56.49L; trademark 'Houz of Tags' assigned.
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Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results Of The Company For The Half Year Ended On 30Th September, 2025
24 Nov - Board meeting on 27-Nov-2025 to consider unaudited H1 results for period ended 30-Sep-2025.
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.