Is Aarvee Denims & Exports a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Aarvee Denims & Exports Ltd is a average quality company .

Is Aarvee Denims & Exports undervalued or overvalued?

The key valuation ratios of Aarvee Denims & Exports Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Aarvee Denims & Exports share price return in the past 10 years?

Aarvee Denims & Exports Ltd share price has appreciated 0.2% annually (CAGR) over the past ten years.

Is Aarvee Denims & Exports a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Aarvee Denims & Exports Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the P/E ratio of Aarvee Denims & Exports?

The latest standalone P/E ratio of Aarvee Denims & Exports as of 07-Oct-2024 is 0.00.

What is the P/B ratio of Aarvee Denims & Exports?

The latest standalone P/B ratio of Aarvee Denims & Exports as of 07-Oct-2024 is 2.50.

What is the 52-week high and low of Aarvee Denims & Exports?

The 52-week high of Aarvee Denims & Exports is Rs. 51.44 and the 52-week low is Rs. 22.13.

Aarvee Denims & Exports Ltd - Stock Valuation and Financial Performance

Name: Aarvee Denims & Exports
Brand: Aarvee Denims & Exports

BSE: 514274 | NSE: AARVEEDEN | Textile - Weaving | Small Cap

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Aarvee Denims & Exp. Share Price

₹48.81 -0.99 -1.99%
as on 07-Oct'24 16:01

10 Year X-Ray of Aarvee Denims & Exp.:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	7.1%	6%	7.2%	6.4%	7.8%	7.5%	-0.4%	-6.8%	-5.7%	-10.2%	-
Value Creation Index ⓘ	-0.5	-0.6	-0.5	-0.6	-0.4	-0.5	-1.0	-1.5	-1.4	-1.7	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	685	746	841	844	827	752	565	265	421	261	111
Sales YoY Gr.	-	8.8%	12.8%	0.4%	-2.1%	-9.1%	-24.9%	-53.1%	58.9%	-38%	-
Adj EPS ⓘ	3.8	0.3	3.6	1.3	2.2	0.7	-17.2	-31.2	-27.5	-29.2	-22.9
YoY Gr.	-	-91.2%	964.7%	-65.2%	70.6%	-69.3%	-2710.6%	NA	NA	NA	-
BVPS (₹) ⓘ	109.8	109.1	112.5	113.4	115.8	116.4	98.5	71.5	53.9	26.2	19.5
Adj Net Profit ⓘ	9	0.8	8.5	3	5	1.5	-40.4	-73.2	-64.5	-68.4	-54
Cash Flow from Ops. ⓘ	68.4	46.8	74.9	110	37.8	50.6	64.6	45.4	12.5	39.7	-
Debt/CF from Ops. ⓘ	5.8	7.9	5.1	3.2	10	8.6	6.5	9.5	33	10	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-10.2%	-20.6%	-22.7%	-38%
Adj EPS ⓘ	-225.3%	-268.5%	NA	NA
BVPSⓘ	-14.7%	-25.7%	-35.7%	-51.4%
Share Price	0.2%	26%	23.1%	103.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	3.5	0.3	3.3	1.1	1.9	0.6	-16	-36.7	-43.9	-72.9	-100
Op. Profit Mgn % ⓘ	12.3	9.2	9.2	8.7	9.7	11	6.4	-7.4	-2.5	-9.5	-49.5
Net Profit Mgn % ⓘ	1.3	0.1	1	0.4	0.6	0.2	-7.2	-27.6	-15.3	-26.2	-48.4
Debt to Equity ⓘ	1.5	1.5	1.5	1.3	1.4	1.6	1.8	2.6	3.3	6.5	-
Working Cap Days ⓘ	192	189	180	189	213	261	331	617	334	434	202
Cash Conv. Cycle ⓘ	136	127	111	112	124	148	201	370	231	309	-62

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -22.69%

Debt to equity has increased versus last 3 years average to 6.46

Sales growth is not so good in last 4 quarters at -40.17%

Latest Financials - Aarvee Denims & Exports Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-22.9	-17.9
TTM Sales (₹ Cr.)	111	565
BVPS (₹.) ⓘ	19.5	0
Reserves (₹ Cr.) ⓘ	22	208
P/BV ⓘ	2.50	0.00
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	22.13 / 51.44
All Time Low / High (₹)	0.25 / 166.00
Market Cap (₹ Cr.)	115
Equity (₹ Cr.)	23.5
Face Value (₹)	10
Industry PE ⓘ	18.2

Management X-Ray of Aarvee Denims & Exp.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

51.00

51.97

51.00

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

Valuation of Aarvee Denims & Exp.

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Aarvee Denims & Exp.

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	685	746	841	844	827	752	565	265	421	261
Operating Expenses ⓘ	609	679	764	772	747	669	531	285	431	289
Manufacturing Costs	132	145	167	172	161	157	119	50	86	57
Material Costs	408	462	506	510	501	432	347	199	280	192
Employee Cost	37	44	52	54	56	54	43	19	33	24
Other Costs ⓘ	32	27	38	36	29	25	22	16	32	16
Operating Profit ⓘ	76	66	77	72	80	82	34	-20	-10	-28
Operating Profit Margin (%)	11.1%	8.9%	9.2%	8.5%	9.7%	10.9%	6.0%	-7.4%	-2.5%	-10.8%
Other Income ⓘ	3	3	4	2	3	3	2	6	4	3
Interest ⓘ	39	35	37	38	43	49	53	51	43	46
Depreciation ⓘ	33	31	31	33	33	34	38	28	25	25
Exceptional Items ⓘ	0	0	-5	0	0	0	0	0	0	0
Profit Before Tax ⓘ	6	3	8	3	6	2	-56	-93	-75	-97
Tax ⓘ	3	3	1	1	1	1	-14	-23	-13	-27
Profit After Tax	3	0	7	2	6	1	-42	-70	-63	-69
PAT Margin (%)	0.5%	0.0%	0.8%	0.2%	0.7%	0.1%	-7.4%	-26.5%	-14.8%	-26.6%
Adjusted EPS (₹)	1.4	0.1	3.0	0.8	2.4	0.5	-17.9	-29.9	-26.7	-29.5
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	258	256	264	266	272	273	231	168	126	61
Share Capital ⓘ	23	23	23	23	23	23	23	23	23	23
Reserves ⓘ	234	232	240	243	248	250	208	144	103	38
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	360	325	348	339	377	429	411	420	391	370
Long Term Debt	106	60	46	42	83	133	142	175	157	166
Short Term Debt	253	265	302	297	293	296	270	245	234	204
Trade Payables	93	93	125	152	208	197	158	87	77	57
Others Liabilities ⓘ	84	97	88	74	63	49	42	33	10	-14
Total Liabilities ⓘ	794	771	825	831	919	949	843	708	604	474
Fixed Assets
Gross Block	633	625	645	405	421	467	462	398	573	560
Accumulated Depreciation	232	253	278	30	58	78	112	124	343	358
Net Fixed Assetsⓘ	401	372	367	375	363	389	350	274	231	202
CWIP ⓘ	0	2	1	5	0	0	0	0	1	1
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	184	167	177	159	200	223	222	154	156	121
Trade Receivables	176	173	212	240	295	288	235	208	166	124
Cash Equivalents	7	11	14	19	23	18	11	20	16	7
Others Assetsⓘ	26	45	54	34	38	31	25	53	34	19
Total Assets ⓘ	794	771	825	831	919	949	843	708	604	474

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	68	47	75	110	38	51	65	45	13	40
PBT ⓘ	6	3	8	3	6	2	-56	-83	-63	-94
Adjustment ⓘ	84	53	76	75	78	83	93	80	63	69
Changes in Working Capital ⓘ	-15	-10	-7	33	-45	-33	28	47	14	65
Tax Paid ⓘ	-7	0	-2	-1	-1	-1	-1	1	0	0
Cash Flow From Investing Activity ⓘ	-23	-11	-38	-50	-19	-53	5	9	47	13
Capex	-23	-7	-40	-44	-15	-60	-2	4	46	13
Net Investments	0	0	0	0	-4	0	0	0	0	0
Others ⓘ	1	-4	2	-6	1	7	6	4	0	0
Cash Flow From Financing Activityⓘ	-50	-36	-33	-63	-19	3	-70	-42	-63	-62
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	-4	-1	49	9	34	-18	9
Interest Paid ⓘ	-39	-35	-35	-38	-43	-49	-53	-51	-43	-46
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-11	-1	3	-22	25	3	-27	-25	-2	-25
Net Cash Flow ⓘ	-4	0	5	-3	0	0	-1	12	-4	-10

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	1.24	0.07	2.7	0.66	2.09	0.4	-16.63	-35.2	-42.53	-73.83
ROCE (%)	7.07	5.98	7.2	6.37	7.83	7.51	-0.38	-6.78	-5.66	-10.18
Asset Turnover Ratio	0.89	0.95	1.05	1.02	0.95	0.8	0.63	0.34	0.64	0.48
PAT to CFO Conversion(x)	22.67	N/A	10.71	55	6.33	51	N/A	N/A	N/A	N/A
Working Capital Days
Receivable Days	83	85	84	98	118	142	169	305	162	203
Inventory Days	96	86	75	72	79	103	144	259	134	194
Payable Days	69	67	71	92	118	155	180	226	107	127

Aarvee Denims & Exports Ltd Stock News

Aarvee Denims & Exports Ltd FAQs

What is the share price of Aarvee Denims & Exp.?

Company share prices are keep on changing according to the market conditions. The closing price of Aarvee Denims & Exp. on 07-Oct-2024 16:01 is ₹48.81.

What is the market cap of Aarvee Denims & Exp.?

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 07-Oct-2024 16:01 the market cap of Aarvee Denims & Exp. stood at ₹114.5.

What is the P/E ratio of Aarvee Denims & Exp.?

The latest P/E ratio of Aarvee Denims & Exp. as of 07-Oct-2024 16:01 is 0.00.

What is the P/B ratio of Aarvee Denims & Exp.?

The latest P/B ratio of Aarvee Denims & Exp. as of 07-Oct-2024 16:01 is 2.50.

What is the 52-week high and low of Aarvee Denims & Exp.?

The 52-week high of Aarvee Denims & Exp. is ₹51.44 and the 52-week low is ₹22.13.

What is the TTM revenue of Aarvee Denims & Exp.?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Aarvee Denims & Exp. is ₹110.8 ( Cr.) .

About Aarvee Denims & Exports Ltd

Aarvee Denims and Exports Ltd is a leading global player in the textile industry. Being backed by experienced promoters, the company is spreading its wings all over the globe at a very fast pace. Established in 1988 by Arora & VB Group, which has been involved in textile trade for over 50 years, are the forces behind this dynamic organization.

The company’s in-house spinning, sizing, weaving, dyeing, & finishing capabilities with top-notch machines and advanced technologies offers stringent start-to-finish quality control at every step of the product manufacturing cycle. The company’s flexible and responsive vertically integrated production process gives it the ability to quickly respond to change in market demand by being able to produce distinct designs and weaves in short turnaround times. This ensures an end product that comfortably competes with the best in the world.

Research and Development is the company’s FORTE, where it gives birth to advanced Denim & Bottom wear weight Non-Denim. The company has a strong product development team with experienced fabric designers and product technologists. The team has an astute market knowledge in forecasting future trends. An extensive lab and quality control supports the R&D. Together these teams are organized and focused to provide high quality, innovative products and customized Fabric to its buyers.

The Apparel Division is also equipped with world class Technology in every production process along with Dry & Wet Process Washing and extensive research, which delivers the latest fashion trends with speed to market.

Business area of the company

The company is engaged in the manufacturing and selling of denim and non-denim Fabrics. The company caters to both domestic and international markets. The company has its integrated productions of Yarn (Open End , Ring & PTY), Denim Fabric, Non-Denim Bottom Wear Fabric. The company is also into Green energy generation with Installations of 20.5 MW Wind Power.

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