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 ₹ 12.9 Cr.
- Current Price ₹ 6.00
- High / Low ₹ 17.4 / 5.50
- Stock P/E
- Book Value ₹ 2.88
- Dividend Yield 0.00 %
- ROCE -43.9 %
- ROE -50.0 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company's working capital requirements have reduced from 37.9 days to 28.7 days
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 33.3%
- Company has a low return on equity of -28.4% 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
13.80 | 31.23 | 33.44 | 26.19 | 27.11 | |
14.00 | 29.12 | 33.54 | 27.87 | 31.75 | |
Operating Profit | -0.20 | 2.11 | -0.10 | -1.68 | -4.64 |
OPM % | -1.45% | 6.76% | -0.30% | -6.41% | -17.12% |
0.68 | 1.53 | 2.89 | 1.22 | 0.63 | |
Interest | 0.47 | 0.82 | 0.84 | 0.98 | 0.06 |
Depreciation | 0.04 | 0.10 | 0.17 | 0.14 | 0.10 |
Profit before tax | -0.03 | 2.72 | 1.78 | -1.58 | -4.17 |
Tax % | -866.67% | 3.68% | 0.00% | 0.00% | 0.00% |
0.23 | 2.62 | 1.78 | -1.58 | -4.16 | |
EPS in Rs | 1.86 | 21.16 | 14.37 | -0.74 | -1.94 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -5% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -99% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -64% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -28% |
Last Year: | -50% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Equity Capital | 0.12 | 0.12 | 0.12 | 2.14 | 2.14 |
Reserves | -2.51 | 0.20 | 1.92 | 8.31 | 4.04 |
2.01 | 0.94 | 2.87 | 1.38 | 0.70 | |
9.15 | 14.47 | 10.76 | 9.62 | 6.53 | |
Total Liabilities | 8.77 | 15.73 | 15.67 | 21.45 | 13.41 |
0.16 | 0.28 | 0.44 | 0.35 | 0.27 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 5.23 | 3.73 |
8.61 | 15.45 | 15.23 | 15.87 | 9.41 | |
Total Assets | 8.77 | 15.73 | 15.67 | 21.45 | 13.41 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
-0.70 | 3.17 | -0.76 | -1.40 | -0.25 | |
0.03 | -0.17 | -0.48 | -5.58 | 1.57 | |
1.33 | -1.11 | -0.07 | 7.63 | -0.74 | |
Net Cash Flow | 0.66 | 1.90 | -1.32 | 0.65 | 0.58 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Debtor Days | 18.78 | 6.78 | 13.97 | 5.16 | 4.31 |
Inventory Days | 253.68 | 359.90 | 256.55 | 489.62 | 120.14 |
Days Payable | 267.17 | 230.57 | 156.78 | 162.57 | 101.85 |
Cash Conversion Cycle | 5.29 | 136.10 | 113.74 | 332.20 | 22.60 |
Working Capital Days | -47.87 | -7.48 | 26.85 | 58.12 | 28.68 |
ROCE % | 804.55% | 84.93% | -13.26% | -43.93% |
Documents
Announcements
-
General Updates
2 June 2025 - Received GST DRC-01A tax notice; company to contest the assessment.
-
Structural Digital Database
30 May 2025 - Submission of SEBI compliance certificate for Structured Digital Database for FY ended March 2025.
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
29 May 2025 - AVENUE TECHNOLOGIES LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Outcome of Board Meeting
29 May 2025 - Approved FY25 standalone and consolidated results; appointed secretarial auditors; auditors issued unmodified opinion.
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Statement of deviation(s) or variation(s) under Reg. 32
29 May 2025 - IPO fund utilization report for Rs.10.25 Cr shows no deviation; audited and reviewed by committee.
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