Aarvee Denims & Exports Ltd

Aarvee Denims Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Aarvee Denims & Exports Ltd

₹ 25.1 -1.18%
06 Dec - close price
aarvee-denims.com BSE: 514274 NSE : AARVEEDEN
About

Incorporated in 1988, Aarvee Denims and Exports Ltd manufactures and sells denim and non denim Fabrics

Key Points

Business Overview:[1]
Company has composite integrated manufacturing facilities for production of a wide range of Denim Fabrics. Company has in-house yarn manufacturing facilities for denim used for captive consumption. It also sources yarn from local markets for a variety of denim products and sells surplus yarn in local market

Website BSE NSE
  • Market Cap ₹ 58.8 Cr.
  • Current Price ₹ 25.1
  • High / Low ₹ 30.5 / 16.2
  • Stock P/E
  • Book Value ₹ 12.7
  • Dividend Yield 0.00 %
  • ROCE -10.5 %
  • ROE -71.2 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -20.6% over past five years.
  • Company has a low return on equity of -40.2% over last 3 years.
  • Contingent liabilities of Rs.29.8 Cr.
  • Promoters have pledged 51.0% of their holding.
  • Company has high debtors of 174 days.

* 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

Sector: Textiles Industry: Textiles - Cotton/Blended

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
44 85 136 80 118 117 112 108 55 48 50 10 25
41 84 154 78 124 119 113 107 66 61 55 21 31
Operating Profit 3 2 -17 3 -7 -2 -1 1 -11 -13 -5 -11 -6
OPM % 6% 2% -13% 3% -6% -2% -1% 1% -20% -28% -10% -102% -25%
5 5 2 4 5 1 14 6 0 0 0 0 2
Interest 14 14 12 12 11 10 10 10 11 12 13 10 12
Depreciation 8 8 7 7 7 6 6 7 7 7 5 6 3
Profit before tax -13 -15 -35 -13 -19 -18 -2 -9 -29 -32 -23 -27 -18
Tax % 13% 63% 37% 77% 35% 21% -421% -11% 39% 31% 32% 31% 29%
-12 -6 -22 -3 -12 -14 -12 -10 -17 -22 -15 -19 -13
EPS in Rs -4.97 -2.42 -9.34 -1.22 -5.27 -5.98 -5.19 -4.28 -7.40 -9.47 -6.58 -7.92 -5.53
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
661 723 685 746 841 844 827 752 565 265 421 261 133
578 601 609 679 764 772 747 669 529 285 431 289 168
Operating Profit 84 123 76 66 77 72 80 82 36 -20 -10 -28 -35
OPM % 13% 17% 11% 9% 9% 9% 10% 11% 6% -7% -2% -11% -26%
1 2 2 3 -1 2 3 3 -0 12 25 7 3
Interest 37 38 39 35 37 38 43 49 53 51 43 46 47
Depreciation 26 31 33 31 31 33 33 34 38 28 25 25 21
Profit before tax 22 56 6 3 8 3 6 2 -56 -87 -54 -92 -100
Tax % 37% 20% 50% 95% 17% 35% 12% 37% 24% 27% 24% 30%
14 45 3 0 7 2 6 1 -42 -64 -41 -65 -69
EPS in Rs 5.98 19.19 1.36 0.08 3.00 0.75 2.39 0.46 -17.87 -27.36 -17.66 -27.73 -29.50
Dividend Payout % 0% 3% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -10%
5 Years: -21%
3 Years: -23%
TTM: -66%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -31%
TTM: 2%
Stock Price CAGR
10 Years: -5%
5 Years: 0%
3 Years: 28%
1 Year: -10%
Return on Equity
10 Years: -9%
5 Years: -22%
3 Years: -40%
Last Year: -71%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 23 23 23 23 23 23 23 23 23 23 23 23 23
Reserves 191 234 234 232 240 243 248 250 208 144 103 38 6
367 384 396 370 382 355 379 434 419 433 413 397 327
123 109 141 145 178 210 268 241 193 110 89 70 124
Total Liabilities 705 750 794 771 825 831 919 949 843 711 629 528 481
384 395 401 372 367 375 363 389 350 274 231 202 76
CWIP 8 8 0 2 1 5 0 0 0 0 1 1 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
313 347 393 397 457 451 556 560 492 437 397 324 405
Total Assets 705 750 794 771 825 831 919 949 843 711 629 528 481

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
47 53 68 47 75 110 38 51 65 45 13 40
-82 -37 -23 -11 -38 -50 -19 -53 5 9 47 13
55 -36 -50 -36 -33 -63 -19 3 -70 -42 -63 -62
Net Cash Flow 21 -19 -4 -0 4 -3 0 0 -1 12 -4 -10

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 74 69 94 85 92 104 130 140 152 287 144 174
Inventory Days 108 157 164 132 127 114 146 189 234 283 204 230
Days Payable 62 55 83 74 90 109 151 167 167 160 100 109
Cash Conversion Cycle 121 170 175 143 129 109 125 161 219 410 247 295
Working Capital Days 100 116 129 112 109 103 130 160 195 362 216 257
ROCE % 11% 15% 7% 6% 8% 6% 8% 8% -0% -7% -6% -11%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
65.80% 65.80% 65.80% 65.80% 65.80% 65.80% 65.80% 65.80% 65.80% 65.80% 65.80% 65.80%
2.11% 2.11% 2.11% 2.11% 2.11% 2.11% 2.11% 2.10% 2.10% 2.10% 2.10% 2.10%
32.09% 32.09% 32.09% 32.09% 32.10% 32.10% 32.10% 32.10% 32.10% 32.11% 32.11% 32.10%
No. of Shareholders 10,89310,39510,49910,94210,6919,5459,5299,8509,8229,7879,63410,014

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings