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 ₹ 13.6 Cr.
- Current Price ₹ 6.35
- High / Low ₹ 6.50 / 3.05
- Stock P/E
- Book Value ₹ 1.85
- Dividend Yield 0.00 %
- ROCE -32.6 %
- ROE -36.3 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Promoter holding has increased by 4.25% over last quarter.
Cons
- Stock is trading at 3.43 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 37.5%
- Company has a low return on equity of -41.2% 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
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 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 13.80 | 31.23 | 33.44 | 26.71 | 27.11 | 25.08 | |
| 14.00 | 29.12 | 33.54 | 28.72 | 31.73 | 28.40 | |
| Operating Profit | -0.20 | 2.11 | -0.10 | -2.01 | -4.62 | -3.32 |
| OPM % | -1.45% | 6.76% | -0.30% | -7.53% | -17.04% | -13.24% |
| 0.68 | 1.53 | 2.89 | 0.78 | 0.63 | 1.34 | |
| Interest | 0.47 | 0.82 | 0.84 | 0.21 | 0.08 | 0.00 |
| Depreciation | 0.04 | 0.10 | 0.17 | 0.14 | 0.10 | 0.06 |
| Profit before tax | -0.03 | 2.72 | 1.78 | -1.58 | -4.17 | -2.04 |
| Tax % | -866.67% | 3.68% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.23 | 2.62 | 1.78 | -1.58 | -4.16 | -2.02 | |
| EPS in Rs | 1.86 | 21.16 | 14.37 | -0.74 | -1.94 | -0.94 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | -9% |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 56% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 28% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -41% |
| Last Year: | -36% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.12 | 0.12 | 0.12 | 2.14 | 2.14 | 2.14 |
| Reserves | -2.51 | 0.20 | 1.92 | 8.31 | 4.04 | 1.83 |
| 2.01 | 0.94 | 2.77 | 1.38 | 0.70 | 0.55 | |
| 9.15 | 14.47 | 10.86 | 7.43 | 6.53 | 7.31 | |
| Total Liabilities | 8.77 | 15.73 | 15.67 | 19.26 | 13.41 | 11.83 |
| 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 |
| Investments | 0.00 | 0.00 | 0.00 | 5.23 | 3.73 | 3.74 |
| 8.61 | 15.45 | 15.23 | 13.68 | 9.41 | 7.84 | |
| Total Assets | 8.77 | 15.73 | 15.67 | 19.26 | 13.41 | 11.83 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -0.70 | 3.17 | -0.76 | -4.00 | -1.85 | -0.33 | |
| 0.03 | -0.17 | -0.48 | -5.58 | 1.59 | -0.15 | |
| 1.33 | -1.11 | -0.07 | 10.23 | 0.86 | -0.16 | |
| Net Cash Flow | 0.66 | 1.90 | -1.32 | 0.65 | 0.59 | -0.64 |
| Free Cash Flow | -0.72 | 2.95 | -1.09 | -4.04 | -1.87 | -0.37 |
| CFO/OP | 350% | 150% | 760% | 196% | 39% | 10% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 18.78 | 6.78 | 13.97 | 5.06 | 4.31 | 1.60 |
| Inventory Days | 253.68 | 359.90 | 256.55 | 348.55 | 120.14 | 95.94 |
| Days Payable | 267.17 | 230.57 | 156.78 | 165.10 | 101.85 | 76.13 |
| Cash Conversion Cycle | 5.29 | 136.10 | 113.74 | 188.51 | 22.60 | 21.42 |
| Working Capital Days | -98.39 | -17.30 | -3.27 | 7.65 | -30.97 | -1.60 |
| ROCE % | 804.55% | 86.33% | -22.60% | -43.72% | -32.63% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Export Revenue Share % of operating income ・Standalone data |
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| Number of Countries Served count ・Standalone data |
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| Number of Employees count ・Standalone data |
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| Share of Customized Orders % of orders ・Standalone data |
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| Women Employees Share % of total employees ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Disclosure under SEBI Takeover Regulations
6 July 2026 - Promoter group declared no share encumbrance for FY ended 31 March 2026.
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General Updates
2 July 2026 - Court ordered payment of Rs.13,92,749 plus 18% interest on Rs.9,16,160 from April 2018 to Fasttrack Logistics.
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Reply to Clarification- Financial results
25 June 2026 - Board approved H1 FY2025-26 results on 13 Nov 2025 and appointed Ronak Jain & Co as internal auditors.
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Updates
30 May 2026 - Annual Secretarial Compliance Report not applicable for FY ended 31.03.2026.
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Structural Digital Database
29 May 2026 - Submitted SDD compliance certificate for year ended 31 March 2026; 4 events captured.
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