Bombay Rayon Fashions Ltd

₹ 4.95 -4.81%
27 Jun - close price
About

Bombay Rayon Fashions Ltd was incorporated in 1992. It is mainly engaged in the business of manufacturing textiles consisting of yarn, fabrics and garments. The Company is also engaged in power generation through coal and windmills & manufacturing of buttons. [1]

Key Points

Products & Services
Retail stores and Brand Guru, a brand in Italy, has been a subsidiary of the company since 2008. Guru has stores in 18 countries around the world.
Yarn: The company offers cotton yarn and knitted fabric.
Trims: Under this, the company manufactures buttons.
Other products: The company also offers fabrics and apparel.[1]

  • Market Cap 157 Cr.
  • Current Price 4.95
  • High / Low 11.4 / 4.94
  • Stock P/E
  • Book Value -22.5
  • Dividend Yield 0.00 %
  • ROCE -6.79 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -53.63% over past five years.
  • Promoter holding is low: 26.80%
  • Contingent liabilities of Rs.220.78 Cr.
  • Company might be capitalizing the interest cost
  • Promoters have pledged 40.98% of their holding.
  • Company has high debtors of 674.12 days.
  • Promoter holding has decreased over last 3 years: -9.16%

* 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 - Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
151 100 125 112 10 20 49 30 16 22 19 26
593 699 560 568 72 145 128 138 82 91 85 61
Operating Profit -441 -599 -435 -456 -62 -125 -78 -109 -66 -69 -66 -34
OPM % -291% -601% -348% -407% -624% -624% -160% -367% -407% -316% -352% -131%
-205 -19 -141 11 0 0 -279 480 0 0 -217 -670
Interest 100 105 111 126 117 -69 64 35 22 22 23 14
Depreciation 38 35 35 30 31 32 29 13 17 17 17 13
Profit before tax -784 -759 -722 -601 -210 -87 -450 324 -104 -108 -323 -732
Tax % 32% 39% 17% 53% 28% 69% 19% -17% 2% 2% 1% 16%
Net Profit -535 -463 -597 -285 -152 -27 -366 380 -103 -106 -320 -615
EPS in Rs -16.86 -14.57 -18.80 -8.99 -4.78 -0.84 -11.52 11.97 -3.23 -3.34 -10.08 -19.37

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
2,255 2,735 3,195 2,907 3,533 4,172 3,877 3,088 941 488 109 83
1,714 2,003 2,353 2,464 2,964 3,408 3,278 2,890 2,751 2,402 483 318
Operating Profit 541 732 842 444 569 764 599 199 -1,809 -1,914 -374 -235
OPM % 24% 27% 26% 15% 16% 18% 15% 6% -192% -392% -344% -283%
23 14 18 -338 34 49 21 20 -14 -372 66 -887
Interest 145 222 278 450 558 597 672 422 445 442 146 81
Depreciation 137 217 271 276 166 166 162 155 155 138 104 64
Profit before tax 282 308 310 -620 -121 50 -213 -358 -2,423 -2,866 -559 -1,267
Tax % 20% 33% 39% 34% 35% 53% 29% 21% 30% 34% 46% 9%
Net Profit 227 207 189 -410 -79 23 -151 -282 -1,687 -1,880 -300 -1,147
EPS in Rs 17.72 15.34 14.02 -30.45 -5.85 1.74 -8.13 -8.88 -53.15 -59.22 -9.45 -36.13
Dividend Payout % 8% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -29%
5 Years: -54%
3 Years: -55%
TTM: -24%
Compounded Profit Growth
10 Years: %
5 Years: -19%
3 Years: 23%
TTM: 28%
Stock Price CAGR
10 Years: -32%
5 Years: -48%
3 Years: -10%
1 Year: -52%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
128 135 135 135 135 135 186 317 317 317 317 317
Reserves 2,451 2,798 2,987 2,577 2,483 1,820 2,419 3,924 2,237 358 65 -1,031
3,114 3,497 3,965 4,667 5,342 5,635 5,615 4,087 4,445 5,023 4,696 4,411
708 874 1,204 1,088 869 1,108 996 808 847 855 786 710
Total Liabilities 6,400 7,304 8,289 8,467 8,829 8,697 9,217 9,137 7,846 6,553 5,865 4,408
2,868 3,725 3,823 3,552 3,376 3,328 3,177 3,029 2,801 2,226 1,154 1,034
CWIP 638 52 129 135 11 0 9 15 16 16 1 0
Investments 223 168 159 158 150 147 147 147 147 147 689 689
2,672 3,359 4,178 4,622 5,293 5,223 5,884 5,946 4,883 4,165 4,022 2,685
Total Assets 6,400 7,304 8,289 8,467 8,829 8,697 9,217 9,137 7,846 6,553 5,865 4,408

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-3 288 510 -838 573 448 281 -161 3 -366 366 -77
-1,005 -449 -445 -3 22 75 20 58 61 436 -343 51
1,017 244 -92 847 -606 -528 -330 55 -62 -66 -31 27
Net Cash Flow 9 84 -27 6 -11 -5 -29 -48 1 5 -9 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 78 62 82 120 119 112 139 190 548 1,024 4,020 674
Inventory Days 382 466 511 515 458 432 539 640 403 128 1,139 59
Days Payable 110 117 152 167 102 102 80 98 110 119 1,309 2,736
Cash Conversion Cycle 349 410 442 469 475 441 597 732 841 1,032 3,851 -2,003
Working Capital Days 223 274 289 387 401 331 429 579 1,092 667 1,842 -979
ROCE % 8% 9% 9% 2% 6% 8% 6% 1% -25% -32% -9% -7%

Shareholding Pattern

Numbers in percentages

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
35.90 35.77 35.60 35.60 35.60 35.57 35.15 33.33 28.37 26.80 26.80 26.80
0.09 0.09 0.09 0.09 0.08 0.03 0.03 0.03 0.03 0.03 0.03 0.22
56.90 56.89 56.82 56.69 56.52 56.26 56.26 56.20 56.20 56.20 54.89 53.81
7.12 7.25 7.48 7.61 7.80 8.14 8.56 10.44 15.39 16.97 18.28 19.17

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