Rajnandini Fashion India Ltd
Incorporated in 2010, Rajnandini Fashion designs, manufactures, and sells women’s apparel across ethnic and casual wear categories through both online and offline channels.[1]
- Market Cap ₹ 51.8 Cr.
- Current Price ₹ 50.0
- High / Low ₹ 64.0 / 48.7
- Stock P/E 10.3
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 54.3 %
- ROE 74.6 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 68.4%
Cons
- Debtor days have increased from 73.2 to 115 days.
- Working capital days have increased from 75.7 days to 121 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
Consumer Discretionary Textiles Textiles & Apparels Garments & Apparels
Part of BSE SME IPO
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 26.06 | 28.01 | 23.32 | 30.69 | |
| 25.34 | 26.97 | 19.52 | 23.07 | |
| Operating Profit | 0.72 | 1.04 | 3.80 | 7.62 |
| OPM % | 2.76% | 3.71% | 16.30% | 24.83% |
| 0.00 | 0.01 | 0.28 | 0.58 | |
| Interest | 0.16 | 0.51 | 0.80 | 1.19 |
| Depreciation | 0.03 | 0.03 | 0.21 | 0.22 |
| Profit before tax | 0.53 | 0.51 | 3.07 | 6.79 |
| Tax % | 26.42% | 25.49% | 25.08% | 25.77% |
| 0.40 | 0.37 | 2.29 | 5.05 | |
| EPS in Rs | 36.36 | 16.82 | 104.09 | 229.55 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 6% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 133% |
| TTM: | 121% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 68% |
| Last Year: | 75% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.11 | 0.22 | 0.22 | 0.22 |
| Reserves | 0.77 | 1.73 | 4.02 | 9.07 |
| 2.84 | 6.19 | 7.01 | 8.84 | |
| 2.82 | 3.57 | 4.50 | 7.23 | |
| Total Liabilities | 6.54 | 11.71 | 15.75 | 25.36 |
| 0.07 | 0.08 | 0.63 | 0.63 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| 6.47 | 11.63 | 15.12 | 24.73 | |
| Total Assets | 6.54 | 11.71 | 15.75 | 25.36 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -1.84 | -3.70 | 0.82 | -0.62 | |
| -0.04 | -0.04 | -0.77 | -0.24 | |
| 1.93 | 3.66 | 0.03 | 0.79 | |
| Net Cash Flow | 0.05 | -0.07 | 0.08 | -0.07 |
| Free Cash Flow | -1.88 | -3.74 | 0.05 | -0.84 |
| CFO/OP | -236% | -342% | 26% | 1% |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 40.20 | 42.35 | 61.98 | 115.24 |
| Inventory Days | 73.04 | 142.40 | 415.88 | 417.19 |
| Days Payable | 101.05 | 79.70 | 185.82 | 172.69 |
| Cash Conversion Cycle | 12.19 | 105.05 | 292.04 | 359.75 |
| Working Capital Days | 49.58 | 36.36 | 69.18 | 121.43 |
| ROCE % | 17.20% | 39.92% | 54.32% |
Business Profile:[1]
Rajnandini Fashion India Limited is
engaged in the design, manufacturing
and sale of women’s apparel across ethnic
and casual wear categories through both
B2C and B2B channels. The co. operates
through online marketplaces, its own website
and wholesale fabric/apparel trading operations.