Net Avenue Technologies Ltd

Net Avenue Technologies Ltd

₹ 20.6 0.98%
26 Apr - 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 44.3 Cr.
  • Current Price 20.6
  • High / Low 42.0 / 19.0
  • Stock P/E 25.2
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 81.6 %
  • ROE 138 %
  • Face Value 1.00

Pros

Cons

  • Promoter holding has decreased over last quarter: -12.0%
  • Promoter holding is low: 33.3%
  • Earnings include an other income of Rs.1.08 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023
7.60
7.33
Operating Profit 0.27
OPM % 3.55%
0.75
Interest 0.05
Depreciation 0.03
Profit before tax 0.94
Tax % 0.00%
0.94
EPS in Rs 7.59
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
13.80 31.23 33.44
14.00 29.12 31.76
Operating Profit -0.20 2.11 1.68
OPM % -1.45% 6.76% 5.02%
0.68 1.53 1.08
Interest 0.47 0.82 0.84
Depreciation 0.04 0.10 0.17
Profit before tax -0.03 2.72 1.75
Tax % 866.67% 3.68% -0.57%
0.23 2.62 1.76
EPS in Rs 1.86 21.16 14.21
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 7%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -33%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 138%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
Equity Capital 0.12 0.12 0.12
Reserves -2.51 0.20 2.11
Preference Capital 0.10 0.10 0.10
1.91 0.84 2.76
9.25 14.57 12.03
Total Liabilities 8.77 15.73 17.02
0.16 0.28 0.44
CWIP 0.00 0.00 0.00
Investments 0.00 0.00 0.00
8.61 15.45 16.58
Total Assets 8.77 15.73 17.02

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
-0.70 3.17 -2.77
0.03 -0.17 -0.28
1.33 -1.11 1.85
Net Cash Flow 0.66 1.90 -1.20

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
Debtor Days 18.78 6.78 13.97
Inventory Days 253.68 359.90 366.09
Days Payable 267.17 230.57 162.10
Cash Conversion Cycle 5.29 136.10 217.96
Working Capital Days -47.87 -7.48 46.28
ROCE % 804.55% 81.57%

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.

Documents