Bombay Rayon Fashions Ltd

₹ 1.90 9.20%
28 Nov - 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 60.3 Cr.
  • Current Price 1.90
  • High / Low 9.97 / 1.66
  • Stock P/E
  • Book Value -20.0
  • Dividend Yield 0.00 %
  • ROCE -8.38 %
  • ROE -420 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 1,620 to 117 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -27.6% over past five years.
  • Promoter holding is low: 25.5%
  • Company has a low return on equity of -84.7% over last 3 years.
  • Contingent liabilities of Rs.221 Cr.
  • Company might be capitalizing the interest cost
  • Promoters have pledged 38.1% of their holding.
  • Promoter holding has decreased over last 3 years: -10.2%

* 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
159 109 130 90 10 20 20 30 16 22 19 721 14
600 712 570 537 72 145 145 139 82 91 85 926 47
Operating Profit -440 -603 -440 -447 -62 -125 -125 -109 -66 -69 -66 -205 -33
OPM % -277% -554% -337% -498% -624% -624% -624% -367% -407% -316% -352% -28% -235%
-164 -19 -141 14 0 -135 -135 559 0 0 -217 -552 -10
Interest 100 105 111 126 117 -69 -69 35 22 22 23 86 4
Depreciation 39 36 36 27 31 32 32 13 17 17 17 66 16
Profit before tax -743 -764 -728 -587 -210 -223 -223 403 -104 -108 -323 -909 -63
Tax % 32% 39% 17% 56% 28% 27% 27% -43% 2% 8% 0% 13% 0%
Net Profit -507 -462 -603 -258 -152 -162 -162 575 -103 -99 -323 -792 -63
EPS in Rs -15.96 -14.56 -18.98 -8.12 -4.78 -5.12 -5.12 18.10 -3.23 -3.13 -10.17 -24.93 -1.98
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
2,691 2,902 3,302 2,995 3,581 4,210 3,895 3,099 973 488 109 778 775
2,169 2,209 2,514 2,602 3,054 3,460 3,295 2,901 2,787 2,402 483 1,057 1,149
Operating Profit 522 693 788 392 527 750 600 199 -1,814 -1,914 -374 -279 -373
OPM % 19% 24% 24% 13% 15% 18% 15% 6% -186% -392% -344% -36% -48%
30 13 19 -343 34 98 14 22 -8 -327 145 -894 -779
Interest 148 223 279 451 558 597 673 423 445 442 146 154 135
Depreciation 167 234 291 316 177 181 167 160 160 138 104 117 116
Profit before tax 237 250 238 -718 -174 69 -225 -362 -2,426 -2,821 -479 -1,444 -1,403
Tax % 14% 33% 46% 33% 24% 59% 28% 21% 30% 35% 78% 9%
Net Profit 203 167 129 -484 -133 28 -162 -286 -1,691 -1,829 -105 -1,320 -1,277
EPS in Rs 15.86 12.40 9.61 -35.91 -9.83 2.12 -8.73 -9.00 -53.25 -57.62 -3.32 -39.52 -40.21
Dividend Payout % 9% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -12%
5 Years: -28%
3 Years: -7%
TTM: 804%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 21%
TTM: -284%
Stock Price CAGR
10 Years: -39%
5 Years: -60%
3 Years: -25%
1 Year: -68%
Return on Equity
10 Years: -20%
5 Years: -43%
3 Years: -85%
Last Year: -420%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
128 135 135 135 135 135 186 317 317 317 317 456
Reserves 2,399 2,727 2,716 2,270 2,172 1,894 2,482 3,983 2,292 464 366 -951
3,123 3,501 3,969 4,670 5,360 5,596 5,578 4,050 4,408 4,912 4,585 4,469
774 903 1,232 1,115 906 1,278 1,107 989 933 937 868 1,113
Total Liabilities 6,424 7,265 8,052 8,190 8,572 8,902 9,352 9,339 7,950 6,631 6,137 4,948
3,239 4,156 4,140 3,854 3,666 3,606 3,452 3,299 3,066 2,432 1,360 2,032
CWIP 674 52 132 139 15 5 12 18 18 19 3 18
Investments 113 58 48 47 38 23 23 23 23 23 643 24
2,399 2,999 3,732 4,150 4,854 5,268 5,865 5,999 4,843 4,157 4,131 2,874
Total Assets 6,424 7,265 8,052 8,190 8,572 8,902 9,352 9,339 7,950 6,631 6,137 4,948

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
29 228 396 -839 523 334 -278 -99 29 -5 366 -1,583
-1,089 -384 -336 -1 69 91 -6 -3 37 147 -343 -120
1,051 235 -94 846 -607 -410 256 54 -63 -137 -31 239
Net Cash Flow -9 79 -34 6 -14 15 -28 -49 3 5 -9 -1,463

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 67 54 74 105 110 112 133 191 503 968 3,774 117
Inventory Days 337 470 507 507 451 430 538 641 401 129 1,150 81
Days Payable 103 126 160 176 109 118 87 118 114 125 1,377 317
Cash Conversion Cycle 301 398 421 437 452 424 584 714 789 972 3,547 -119
Working Capital Days 195 234 248 329 358 311 409 558 1,007 584 3,714 -16
ROCE % 8% 8% 8% 1% 5% 8% 6% 1% -25% -32% -9% -8%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
35.60 35.60 35.60 35.57 35.15 33.33 28.37 26.80 26.80 26.80 25.55 25.55
0.09 0.09 0.08 0.03 0.03 0.03 0.03 0.03 0.03 0.22 0.22 2.15
56.82 56.69 56.52 56.26 56.26 56.20 56.20 56.20 54.89 53.81 53.81 51.89
7.48 7.61 7.80 8.14 8.56 10.44 15.39 16.97 18.28 19.17 20.43 20.43

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

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

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