Net Avenue Technologies Ltd

Net Avenue Technologies Ltd

₹ 18.8 -1.06%
08 May - close price
About

Incorporated in 1998, Net Avenue Technologies Limited is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories.[1]

Key Points

Business Profile[1] Net Avenue Technologies started out as a gifting portal - chennaibazaar.com, one of the first Indian gifting portals, offering gifting solutions to Indians living abroad. The company subsequently diversified its offerings and launched cbazaar.com and ethnovog.com providing Indian ethnic clothes and jewellery.

  • Market Cap 40.2 Cr.
  • Current Price 18.8
  • High / Low 42.0 / 18.7
  • Stock P/E 21.5
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 111 %
  • ROE 212 %
  • Face Value 1.00

Pros

Cons

  • Promoter holding is low: 33.3%
  • Earnings include an other income of Rs.2.86 Cr.
  • Company's cost of borrowing seems high

* 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

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
19.80 13.80 31.23 33.44
19.40 13.91 28.66 33.05
Operating Profit 0.40 -0.11 2.57 0.39
OPM % 2.02% -0.80% 8.23% 1.17%
0.79 0.71 1.48 2.86
Interest 0.72 0.56 1.10 1.21
Depreciation 0.07 0.04 0.10 0.17
Profit before tax 0.40 0.00 2.85 1.87
Tax % 0.00% 0.00% 0.00%
0.40 0.00 2.85 1.87
EPS in Rs 3.23 0.00 23.01 15.10
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 19%
TTM: 7%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 67%
TTM: -34%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 213%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital 0.12 0.12 0.12 0.12
Reserves -3.29 -3.19 -0.25 1.77
Preference Capital 0.00 0.10 0.10 0.10
0.51 1.91 0.84 2.77
35.42 36.08 30.05 19.08
Total Liabilities 32.76 34.92 30.76 23.74
0.19 0.16 0.28 0.44
CWIP 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00
32.57 34.76 30.48 23.30
Total Assets 32.76 34.92 30.76 23.74

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.03 -0.78 1.70 -0.53
-0.06 -0.50 -0.77 -0.34
-0.01 1.33 -0.04 -0.07
Net Cash Flow -0.04 0.06 0.89 -0.94

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 31.52 18.78 6.66 13.97
Inventory Days 148.12 253.68 359.90 256.55
Days Payable 206.30 277.29 221.21 140.67
Cash Conversion Cycle -26.67 -4.83 145.34 129.85
Working Capital Days -59.17 -52.11 -2.57 28.71
ROCE % 110.59%

Shareholding Pattern

Numbers in percentages

5 Recently
Dec 2023Mar 2024
33.28% 33.28%
10.79% 10.12%
10.99% 10.21%
42.15% 43.60%
No. of Shareholders 291328

* 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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