Nivaka Fashions Ltd - Stock Valuation and Financial Performance

BSE: 542206 | NSE: | Retailing | Small Cap

Nivaka Fashions Share Price

4.32 0.11 2.61%
as on 28-Mar'24 16:00

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Nivaka Fashions stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
43.2 Cr.
52-wk low:
2
52-wk high:
7.1

Is Nivaka Fashions Ltd an attractive stock to invest in?

1. Is Nivaka Fashions Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Nivaka Fashions Ltd is a below average quality company.

2. Is Nivaka Fashions Ltd undervalued or overvalued?

The key valuation ratios of Nivaka Fashions Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Nivaka Fashions Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nivaka Fashions Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Nivaka Fashions:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Nivaka Fashions Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0%1.3%1.6%3.2%30.7%18.2%-8.2%6.1%2.9%0.5%-
Value Creation
Index
NA-0.9-0.9-0.81.20.3-1.6-0.6-0.8-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 05.85.414.836.136.221.621.8124.12
Sales YoY Gr.-NA-7.2%174.3%143.7%0.4%-40.5%1.1%-44.9%-65.7%-
Adj EPS 00.1000.20.2-0.10.100-0
YoY Gr.-NA-87.5%100%1050%-26.1%-147.1%NA-50%-100%-
BVPS (₹) 05.70.600.810.91111
Adj Net
Profit
00.10.10.22.41.8-0.80.60.300
Cash Flow from Ops. 0-4.1-0.10.20.14.33.6-0.8-5.61.2-
Debt/CF from Ops. 0-0.2-5.607.30.10.1-0.7-0.10.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA-35.2%-42.4%-65.7%
Adj EPS NA-100%NA-100%
BVPSNA4%3.2%0%
Share Price - -14.2% -16.8% 34.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
01.51.8332.119.1-8.46.32.80.2-1
Op. Profit
Mgn %
0-3.2-4.5-0.67.14.9-7.9-0.75-3.718.8
Net Profit
Mgn %
01.521.26.55-3.92.82.40.6-6.2
Debt to
Equity
00.10.100.1000.10.10.1-
Working Cap
Days
0064797901803814817511,295367
Cash Conv.
Cycle
0038-7-1-1-38-91-552-600204

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -42.39%

Sales growth is not so good in last 4 quarters at -65.38%

Latest Financials - Nivaka Fashions Ltd.

Standalone Consolidated
TTM EPS (₹) -0 -
TTM Sales (₹ Cr.) 1.7 -
BVPS (₹.) 1 -
Reserves (₹ Cr.) - -
P/BV 4.28 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 2.03 / 7.05
All Time Low / High (₹) 2.03 / 14.46
Market Cap (₹ Cr.) 43.2
Equity (₹ Cr.) 10.3
Face Value (₹) 1
Industry PE 107.9

Management X-Ray of Nivaka Fashions:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Nivaka Fashions

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales5.825.4014.8136.0936.2421.5521.7912.014.12
Operating Expenses 65.6414.9133.5334.4723.2521.9511.414.27
Manufacturing Costs00.010.060.0500000
Material Costs5.745.3214.3332.5532.8720.6519.075.860.79
Employee Cost 0.120.130.010.350.471.161.011.191.04
Other Costs 0.140.170.510.591.131.441.874.362.44
Operating Profit -0.19-0.24-0.092.571.77-1.70-0.150.60-0.15
Operating Profit Margin (%) -3.2%-4.5%-0.6%7.1%4.9%-7.9%-0.7%5.0%-3.7%
Other Income 0.270.350.360.580.681.010.990.030.54
Interest 000.030000.010.040.05
Depreciation 0000.010.050.150.240.290.24
Exceptional Items 000000000
Profit Before Tax 0.090.110.243.132.40-0.830.600.310.10
Tax 000.060.780.610-0.020.020.07
Profit After Tax 0.090.110.182.351.79-0.830.620.290.02
PAT Margin (%) 1.5%2.0%1.2%6.5%5.0%-3.9%2.8%2.4%0.6%
Adjusted EPS (₹)0.00.00.00.20.2-0.10.10.00.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 5.875.966.148.4910.299.4210.0410.3210.35
Share Capital 5.715.715.715.715.7110.2710.2710.2710.27
Reserves 0.160.260.442.794.59-0.85-0.230.050.08
Minority Interest000000000
Debt0.840.771.560.690.250.250.510.510.47
Long Term Debt0.840.771.560.690.250.250.510.510.47
Short Term Debt000000000
Trade Payables5.963.875.6812.018.1619.8822.9111.622.16
Others Liabilities 0.780.230.130.880.880.610.590.422.18
Total Liabilities 13.4410.8313.5222.0719.5930.1634.0422.8715.16

Fixed Assets

Gross Block0000.100.170.801.291.403.28
Accumulated Depreciation000000.200.440.720.96
Net Fixed Assets0000.100.170.600.850.682.31
CWIP 000000000
Investments 2.452.613.573.671.602.082.582.582.69
Inventories00.341.131.741.972.713.382.131.85
Trade Receivables5.943.843.1012.265.3411.7015.4110.712.80
Cash Equivalents 0.060.020.310.180.100.140.480.340.17
Others Assets4.994.025.424.1110.4012.9211.336.435.33
Total Assets 13.4410.8313.5222.0719.5930.1634.0422.8715.16

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -4.10-0.140.170.094.293.64-0.80-5.551.21
PBT 0.090.110.243.131.79-0.830.600.310.10
Adjustment -0.27-0.33-0.34-0.07-0.780.110.240.290.24
Changes in Working Capital -3.920.110.27-2.183.284.36-1.54-6.10.95
Tax Paid 0-0.030-0.7800-0.09-0.05-0.07
Cash Flow From Investing Activity -2.130.18-0.61-0.22-2.61-3.600.885.41-1.34
Capex 000-0.11-0.06-0.58-0.49-0.11-0.05
Net Investments -2.40-0.16-0.96-0.112.07-0.48-0.500-0.10
Others 0.270.340.350-4.62-2.531.875.52-1.19
Cash Flow From Financing Activity 2.28-0.080.73-0.01-1.7600.260-0.04
Net Proceeds from Shares 1.4600004.56000
Net Proceeds from Borrowing 0.84-0.070.800-1.7600.260-0.04
Interest Paid 000000000
Dividend Paid 000000000
Others -0.02-0.01-0.06-0.010-4.56000
Net Cash Flow -3.95-0.040.29-0.13-0.070.040.34-0.14-0.17
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)1.481.812.9832.119.11-8.446.332.830.22
ROCE (%)1.311.633.7337.124.37-8.235.973.161.33
Asset Turnover Ratio0.430.441.222.031.740.870.680.420.22
PAT to CFO Conversion(x)-45.56-1.270.940.042.4N/A-1.29-19.1460.5
Working Capital Days
Receivable Days373331857889144227397598
Inventory Days023181519405184177
Payable Days379337122991122484101,0763,178

Nivaka Fashions Ltd Stock News

Nivaka Fashions Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Nivaka Fashions on 28-Mar-2024 16:00 is ₹4.32.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:00 the market cap of Nivaka Fashions stood at ₹43.23.
The latest P/E ratio of Nivaka Fashions as of 28-Mar-2024 16:00 is 0.00.
The latest P/B ratio of Nivaka Fashions as of 28-Mar-2024 16:00 is 4.28.
The 52-week high of Nivaka Fashions is ₹7.05 and the 52-week low is ₹2.03.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nivaka Fashions is ₹1.66 ( Cr.) .

About Nivaka Fashions Ltd

Nivaka Fashions Limited (Formerly Known as B.T.Syndicate Ltd) is a listed Public Company domiciled in India and incorporated under the provision of the Companies Act, 1956.

B.T.Syndicate Limited is the parent company which is into the business of offline retailing. It started as the supply chain logistic partners and Distributors for companies like VIP Industries Limited, ITC, The Bombay Deying Mfg Co Ltd and Ballarpur Industries Limited.

The company already have the IT infrastructure in place with its POS software already established and running and also integrated with its warehouse and distribution companies and also an online version for proper MIS and reporting.

Business area of the company

The Company is engaged in Manufacturing & Trading of Ethnic Wear of Men & Women.

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