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 ₹ 8.26 Cr.
- Current Price ₹ 3.85
- High / Low ₹ 17.4 / 3.80
- 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.
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: | -75% |
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 | -98.39 | -17.30 | -3.27 | 38.88 | 19.25 |
ROCE % | 804.55% | 84.93% | -13.26% | -43.93% |
Documents
Announcements
-
Copy of Newspaper Publication
5 September 2025 - 24th AGM on 27 Sep 2025 at 12:00 IST via VC; remote e-voting 23-26 Sep.
-
Shareholders meeting
2 September 2025 - AGM on 27.09.2025 via VC; records closed 21–27.09.2025; e‑voting 23–26.09.2025.
-
Updates
2 September 2025 - AGM on 27.09.2025 via VC; register closed 21–27 Sep; e-voting 23–26 Sep.
-
Reply to Clarification- Financial results
15 July 2025 - Net Avenue resubmits financials with auditor certificate; appoints secretarial auditor; unmodified audit opinion for FY25.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 July 2025 - Certificate confirming no share demat/remat requests in June 2025 as per SEBI regulation.
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