Net Avenue Technologies Ltd
Incorporated in 2001, Net Avenue Technologies Ltd is in the business
of selling Indian designer clothes and accessories online[1]
- Market Cap ₹ 11.8 Cr.
- Current Price ₹ 5.50
- High / Low ₹ 6.55 / 3.05
- Stock P/E
- Book Value ₹ 2.28
- Dividend Yield 0.00 %
- ROCE -20.9 %
- ROE -23.3 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Promoter holding has increased by 1.08% over last quarter.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 8.46% over past five years.
- Promoter holding is low: 38.6%
- Company has a low return on equity of -32.3% over last 3 years.
* 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
Consumer Discretionary Consumer Services Retailing E-Retail/ E-Commerce
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 19.80 | 13.80 | 31.23 | 33.44 | 26.71 | 27.11 | 20.71 | |
| 19.40 | 13.91 | 28.66 | 34.17 | 27.60 | 30.19 | 23.54 | |
| Operating Profit | 0.40 | -0.11 | 2.57 | -0.73 | -0.89 | -3.08 | -2.83 |
| OPM % | 2.02% | -0.80% | 8.23% | -2.18% | -3.33% | -11.36% | -13.66% |
| 0.79 | 0.71 | 1.48 | 2.86 | 0.27 | 0.63 | 1.38 | |
| Interest | 0.72 | 0.56 | 1.10 | 0.09 | 0.96 | 0.90 | 0.00 |
| Depreciation | 0.07 | 0.04 | 0.10 | 0.17 | 0.14 | 0.10 | 0.06 |
| Profit before tax | 0.40 | 0.00 | 2.85 | 1.87 | -1.72 | -3.45 | -1.51 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| 0.40 | 0.00 | 2.85 | 1.87 | -1.72 | -3.45 | -1.52 | |
| EPS in Rs | 3.23 | 0.00 | 23.01 | 15.10 | -0.80 | -1.61 | -0.71 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | -15% |
| TTM: | -24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 61% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 16% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -32% |
| Last Year: | -23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.12 | 0.12 | 0.12 | 0.12 | 2.14 | 2.14 | 2.14 |
| Reserves | -3.29 | -3.19 | -0.25 | 1.77 | 8.02 | 4.46 | 2.76 |
| 0.51 | 2.01 | 0.94 | 2.87 | 1.38 | 0.70 | 0.55 | |
| 35.42 | 35.98 | 29.95 | 19.59 | 9.18 | 7.59 | 9.03 | |
| Total Liabilities | 32.76 | 34.92 | 30.76 | 24.35 | 20.72 | 14.89 | 14.48 |
| 0.19 | 0.16 | 0.28 | 0.44 | 0.35 | 0.27 | 0.25 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 5.22 | 3.73 | 3.74 |
| 32.57 | 34.76 | 30.48 | 23.91 | 15.15 | 10.89 | 10.49 | |
| Total Assets | 32.76 | 34.92 | 30.76 | 24.35 | 20.72 | 14.89 | 14.48 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 0.03 | -0.78 | 1.70 | -0.53 | -2.03 | -0.38 | -0.03 | |
| -0.06 | -0.50 | -0.77 | -0.34 | -5.58 | 1.57 | -0.15 | |
| -0.01 | 1.33 | -0.04 | -0.07 | 7.96 | -0.63 | -0.16 | |
| Net Cash Flow | -0.04 | 0.06 | 0.89 | -0.94 | 0.34 | 0.57 | -0.34 |
| Free Cash Flow | -0.03 | -0.80 | 1.48 | -0.86 | -2.07 | -0.40 | -0.07 |
| CFO/OP | 8% | 709% | 66% | 73% | 228% | 11% | 1% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 31.52 | 18.78 | 6.66 | 13.97 | 5.06 | 4.31 | 18.15 |
| Inventory Days | 148.12 | 253.68 | 359.90 | 256.55 | 369.43 | 125.96 | 95.94 |
| Days Payable | 206.30 | 277.29 | 221.21 | 159.57 | 201.79 | 108.92 | 73.52 |
| Cash Conversion Cycle | -26.67 | -4.83 | 145.34 | 110.95 | 172.69 | 21.35 | 40.57 |
| Working Capital Days | -68.58 | -102.62 | -12.39 | -2.40 | 15.72 | -15.75 | 19.39 |
| ROCE % | 70.38% | -9.33% | -27.07% | -20.86% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Export Revenue Share % of operating income |
|
|
| Number of Countries Served count |
||
| Number of Employees count |
||
| Share of Customized Orders % of orders |
||
| Women Employees Share % of total employees |
||
Extracted by Screener AI
Documents
Announcements
-
Appointment
- Ms. Megha Goyal appointed Company Secretary cum Compliance Officer effective 31.07.2026.
-
Disclosure under SEBI Takeover Regulations
- Promoter group declared no share encumbrance for FY ended 31 March 2026.
-
General Updates
- Court ordered payment of Rs.13,92,749 plus 18% interest on Rs.9,16,160 from April 2018 to Fasttrack Logistics.
-
Reply to Clarification- Financial results
- Board approved H1 FY2025-26 results on 13 Nov 2025 and appointed Ronak Jain & Co as internal auditors.
-
Updates
- Annual Secretarial Compliance Report not applicable for FY ended 31.03.2026.
Business Overview:[1][2]
a) NATL is in the business of selling Indian Ethnic wear primarily in South Asian through its websites cbazaar.com and ethnovog.com
b) Company directly sells to end consumer and gets orders from over 100 countries including the United States, United Kingdom, Australia, and Canada being the primary markets.
c) In the international market, 100% of company's orders are prepaid orders.
d) Company provides COD option only in India
e) Company's subsidiaries act as a commission and collecting agent for the holding company