Blue Blends (India) Ltd

Blue Blends (India) Ltd

₹ 0.80 -5.88%
26 Oct 2020
About

Blue Blends (India) is engaged in the business of dealings and manufacturing of denim fabrics.

  • Market Cap 1.73 Cr.
  • Current Price 0.80
  • High / Low /
  • Stock P/E
  • Book Value 3.05
  • Dividend Yield 0.00 %
  • ROCE -52.0 %
  • ROE %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.26 times its book value

Cons

  • Company has low interest coverage ratio.
  • Promoters have pledged 99.7% of their holding.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1.31 4.12 4.70 0.00 2.55 1.10 1.62 2.54 3.37 1.40 1.18 1.61 1.07
2.10 3.90 11.96 0.68 3.00 1.35 1.16 2.50 2.95 1.32 1.07 1.44 1.08
Operating Profit -0.79 0.22 -7.26 -0.68 -0.45 -0.25 0.46 0.04 0.42 0.08 0.11 0.17 -0.01
OPM % -60.31% 5.34% -154.47% -17.65% -22.73% 28.40% 1.57% 12.46% 5.71% 9.32% 10.56% -0.93%
0.00 0.00 0.02 0.09 0.00 0.00 0.01 0.00 0.16 0.00 0.00 0.00 0.20
Interest 2.43 2.47 -7.24 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.47 0.47 0.47 0.45 0.42 0.32 0.32 0.63 0.63 0.00 0.00 0.00 1.27
Profit before tax -3.69 -2.72 -0.47 -1.04 -0.87 -0.57 0.15 -0.59 -0.05 0.08 0.11 0.17 -1.08
Tax % 0.00% 0.00% 59.57% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-3.68 -2.72 -0.75 -1.04 -0.88 -0.57 0.15 -0.60 -0.06 0.08 0.11 0.17 -1.08
EPS in Rs -1.70 -1.26 -0.35 -0.48 -0.41 -0.26 0.07 -0.28 -0.03 0.04 0.05 0.08 -0.50
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 2024 Mar 2025
171.19 168.69 175.56 176.21 180.15 164.92 132.21 56.71 18.72 9.53 5.91 5.26
153.71 158.24 157.46 157.97 156.70 144.41 132.52 83.92 24.10 17.60 5.45 4.92
Operating Profit 17.48 10.45 18.10 18.24 23.45 20.51 -0.31 -27.21 -5.38 -8.07 0.46 0.34
OPM % 10.21% 6.19% 10.31% 10.35% 13.02% 12.44% -0.23% -47.98% -28.74% -84.68% 7.78% 6.46%
-11.87 21.77 1.62 0.39 -0.07 0.04 -20.04 -8.21 1.74 0.06 0.16 0.20
Interest 1.36 6.86 9.31 9.13 10.88 11.34 11.82 7.49 8.76 0.02 0.00 0.00
Depreciation 5.94 4.36 4.35 4.46 3.13 2.22 2.22 2.19 1.91 1.88 1.27 1.27
Profit before tax -1.69 21.00 6.06 5.04 9.37 6.99 -34.39 -45.10 -14.31 -9.91 -0.65 -0.73
Tax % 0.00% 0.00% -37.46% -8.53% 7.47% 0.29% -4.91% 0.82% 0.00% 2.83% 0.00% 0.00%
-1.69 21.00 8.32 5.48 8.68 6.97 -32.71 -45.47 -14.31 -10.18 -0.65 -0.73
EPS in Rs -0.93 11.55 4.29 2.82 4.47 3.38 -15.11 -21.00 -6.61 -4.70 -0.30 -0.34
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 11.18% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -30%
5 Years: -22%
3 Years: %
TTM: -11%
Compounded Profit Growth
10 Years: %
5 Years: 14%
3 Years: %
TTM: -12%
Stock Price CAGR
10 Years: -37%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

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 2024 Mar 2025
Equity Capital 18.17 18.17 19.41 19.41 19.41 20.59 21.65 21.65 21.65 21.65 21.65 21.65
Reserves -61.48 -10.95 5.40 10.88 25.98 32.58 3.71 -41.76 -56.07 -66.25 -135.60 -15.04
130.36 76.17 71.75 70.77 75.59 75.66 72.37 87.16 91.58 70.76 109.25 0.90
23.79 25.47 40.17 41.15 41.29 25.64 23.20 22.16 21.28 21.13 32.38 17.60
Total Liabilities 110.84 108.86 136.73 142.21 162.27 154.47 120.93 89.21 78.44 47.29 27.68 25.11
34.32 31.95 29.47 25.95 28.31 26.63 24.24 20.75 17.12 15.18 5.02 3.76
CWIP 0.00 0.36 0.57 5.54 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 10.74 10.74 14.31 13.93 12.99 3.49 3.49 3.49 3.49 3.49 3.49 3.49
65.78 65.81 92.38 96.79 120.94 124.35 93.20 64.97 57.83 28.62 19.17 17.86
Total Assets 110.84 108.86 136.73 142.21 162.27 154.47 120.93 89.21 78.44 47.29 27.68 25.11

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 2024 Mar 2025
7.57 12.91 20.08 10.48 14.52 0.67 13.32 -9.51 1.41 20.79 -0.25 -18.71
12.45 -2.57 -4.01 -5.30 0.83 -3.42 -26.69 -5.67 -5.92 0.06 0.16 0.20
-20.74 -10.87 -6.65 -13.36 -9.12 -1.99 10.34 15.13 4.50 -20.86 0.44 18.15
Net Cash Flow -0.72 -0.53 9.42 -8.17 6.23 -4.75 -3.03 -0.05 -0.01 -0.01 0.34 -0.36
Free Cash Flow 19.54 10.24 20.94 4.79 14.76 0.15 13.74 -7.69 1.37 20.84 -0.25 -18.71
CFO/OP 43% 124% 111% 58% 72% 4% -5,055% 34% -31% -258% -22% -5,468%

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 2024 Mar 2025
Debtor Days 42.71 44.94 63.14 88.43 86.21 95.57 101.93 205.57 548.67 73.92 2.47 19.43
Inventory Days 50.49 82.10 105.67 114.15 109.35 125.54 39.86 17.44 106.86 10.58
Days Payable 69.97 90.98 91.61 93.50 89.22 63.97 54.03 124.38 1,456.40 1,056.21
Cash Conversion Cycle 23.22 36.06 77.20 109.08 106.34 157.13 87.76 98.63 -800.87 -971.71 2.47 19.43
Working Capital Days 87.12 43.66 53.27 58.54 73.04 155.85 30.18 -269.42 -1,000.05 -2,224.09 -7,766.90 -854.90
ROCE % 12.40% 9.35% 15.28% 14.09% 18.56% 14.68% -2.23% -35.51% -10.68% -23.72% -51.96%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2025
Installed Capacity (Denim Fabric)
Million Meters Per Annum

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Installed Spinning Capacity (Yarn)
Spindles
Installed Weaving Capacity (Looms)
Numbers
Actual Denim Production
Million Meters
Capacity Utilization (Denim Fabric)
%
Denim Sales Volume
Million Meters

Shareholding Pattern

Numbers in percentages

Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
53.16% 53.16% 53.16% 53.16% 53.16% 53.16% 53.16% 53.16% 53.16% 53.16% 53.16% 53.16%
1.60% 1.60% 1.60% 1.60% 1.60% 1.59% 1.59% 1.59% 1.59% 1.59% 1.59% 1.59%
45.24% 45.24% 45.24% 45.24% 45.24% 45.24% 45.24% 45.24% 45.25% 45.25% 45.24% 45.25%
No. of Shareholders 21,46921,44821,43421,43121,42821,40521,40221,40121,39921,40221,40121,400

* 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.

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