Heads UP Ventures Ltd

₹ 12.6 1.61%
24 Jun - close price
About

Mandhana Retail Ventures Ltd is an apparel-based textile company. The Company has been carrying the business of selling apparel and accessories under the brand's trademark licensing format. It previously had a global exclusive license for the Being Human brand, pursuant to the exclusive worldwide license granted to it under the Trademark License Agreement. However, post-non-renewal of the agreement the co.t has initiated the process of exploring new business avenues to start afresh which shall be initiated post the current pandemic situation eases out.[1]

  • Market Cap 27.9 Cr.
  • Current Price 12.6
  • High / Low 22.0 / 11.2
  • Stock P/E
  • Book Value 12.6
  • Dividend Yield 0.00 %
  • ROCE -16.0 %
  • ROE -17.6 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 1.01 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -67.30% over past five years.
  • Promoter holding is low: 33.17%
  • Company has a low return on equity of -33.56% for last 3 years.
  • Company has high debtors of 519.28 days.

* 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

Sector: Retail Industry: Textiles - Products

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
45.65 35.79 57.55 13.08 0.01 0.01 -0.04 0.46 0.00 0.00 0.05 0.93
40.66 36.35 51.09 33.51 2.29 2.00 1.70 2.14 1.50 1.63 1.68 2.54
Operating Profit 4.99 -0.56 6.46 -20.43 -2.28 -1.99 -1.74 -1.68 -1.50 -1.63 -1.63 -1.61
OPM % 10.93% -1.56% 11.23% -156.19% -22,800.00% -19,900.00% -365.22% -3,260.00% -173.12%
0.63 0.73 0.06 7.33 1.71 2.24 0.85 0.34 0.25 0.37 0.33 0.59
Interest 1.50 2.34 1.62 1.68 0.10 0.00 0.00 0.10 0.13 0.12 0.12 0.12
Depreciation 3.88 4.30 4.27 1.57 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01
Profit before tax 0.24 -6.47 0.63 -16.35 -0.69 0.23 -0.90 -1.45 -1.39 -1.39 -1.43 -1.15
Tax % -41.67% -4.33% -57.14% -56.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit 0.34 -6.74 1.00 -25.65 -0.68 0.24 -0.90 -1.45 -1.39 -1.39 -1.43 -1.15
EPS in Rs 0.15 -3.05 0.45 -11.62 -0.31 0.11 -0.41 -0.66 -0.63 -0.63 -0.65 -0.52

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
0.00 0.00 0.00 171.89 218.13 259.59 259.45 219.87 151.90 0.44 0.97
0.09 0.00 0.00 127.82 177.73 232.06 238.90 213.79 160.63 8.11 7.35
Operating Profit -0.09 0.00 0.00 44.07 40.40 27.53 20.55 6.08 -8.73 -7.67 -6.38
OPM % 25.64% 18.52% 10.61% 7.92% 2.77% -5.75% -1,743.18% -657.73%
0.00 0.00 0.00 0.92 1.23 1.77 1.01 0.97 8.50 5.13 1.54
Interest 0.00 0.00 0.00 11.47 5.88 3.08 2.37 3.09 7.70 0.20 0.48
Depreciation 0.00 0.00 0.00 2.35 2.99 3.40 3.67 3.86 14.01 0.05 0.04
Profit before tax -0.09 0.00 0.00 31.17 32.76 22.82 15.52 0.10 -21.94 -2.79 -5.36
Tax % 0.00% 35.29% 34.65% 38.74% 41.75% 690.00% -41.52% 0.00% 0.00%
Net Profit -0.09 0.00 0.00 20.17 21.42 13.98 9.03 -0.59 -31.05 -2.79 -5.36
EPS in Rs 6.33 4.09 -0.27 -14.06 -1.26 -2.43
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -67%
3 Years: -84%
TTM: 120%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -7%
TTM: -86%
Stock Price CAGR
10 Years: %
5 Years: -40%
3 Years: -9%
1 Year: -26%
Return on Equity
10 Years: %
5 Years: -14%
3 Years: -34%
Last Year: -18%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
0.05 0.05 0.05 0.05 0.05 22.08 22.08 22.08 22.08 22.08 22.08
Reserves -0.09 -0.09 -0.09 42.16 63.58 36.21 45.34 44.76 13.93 11.07 5.69
0.04 0.04 0.04 38.90 19.93 8.08 7.50 8.46 2.29 0.00 0.00
0.00 0.00 0.00 29.74 64.25 66.74 59.41 45.22 19.18 10.90 7.38
Total Liabilities 0.00 0.00 0.00 110.85 147.81 133.11 134.33 120.52 57.48 44.05 35.15
0.00 0.00 0.00 21.81 24.68 24.86 26.05 22.58 1.70 0.15 0.12
CWIP 0.00 0.00 0.00 0.00 0.00 0.04 0.01 0.01 0.00 0.00 0.03
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 89.04 123.13 108.21 108.27 97.93 55.78 43.90 35.00
Total Assets 0.00 0.00 0.00 110.85 147.81 133.11 134.33 120.52 57.48 44.05 35.15

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-0.08 0.00 0.00 10.33 31.44 15.50 8.54 2.03 23.68 12.20 -2.47
0.00 0.00 0.00 -38.20 -5.86 -3.52 -5.19 -1.57 -5.32 -15.15 2.89
0.09 0.00 0.01 28.37 -25.90 -11.72 -2.35 -1.50 -13.32 -2.42 -0.48
Net Cash Flow 0.00 0.00 0.00 0.50 -0.32 0.27 0.99 -1.04 5.04 -5.37 -0.06

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 99.95 110.61 19.28 28.02 36.67 15.16 1,642.50 519.28
Inventory Days 108.36 126.86 215.58 180.67 152.75 0.81 0.00 0.00
Days Payable 56.24 94.13 144.88 143.55 139.96 62.92
Cash Conversion Cycle 152.07 143.34 89.98 65.15 49.47 -46.95 1,642.50 519.28
Working Capital Days 85.17 66.88 35.53 51.46 70.15 75.57 13,388.86 4,782.63
ROCE % 105.14% 46.93% 34.55% 25.72% 5.84% -24.47% -7.50% -16.02%

Shareholding Pattern

Numbers in percentages

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
32.73 31.96 31.96 31.03 28.77 28.31 33.17 33.17 33.17 33.17 33.17 33.17
3.02 3.02 3.02 3.02 0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42
2.00 1.99 2.00 1.99 1.99 1.99 1.99 1.99 0.58 0.00 0.00 0.00
62.25 63.03 63.02 63.96 68.82 69.28 64.42 64.42 65.83 66.41 66.41 66.41

Documents