Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar
investing succesffuly to reach your goals investing succesffuly to reach your goals
X

Aarvee Denims & Exports Ltd Stock Analysis

Small Cap
Evaluated by 470 users | BSE: 514274 | NSE: AARVEEDEN |
Textile - Weaving
Aarvee Denims & Exports, incorporated 1988, is engaged in business of denim manufacturing. The company is among the leading global players in the textile industry.Earlier was known as Amtex India, the company is promoted by Arora Group and V B Shah Group. Aarvee Denims & Exports is...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on Capital Employed 10.68%8.11%11.86%5.65%3.94%5.44%4.62%5.57%5.31%-0.49%-
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 495661723685746841844827752565279
Y-o-Y Gr. Rt.-33.7%9.4%-5.3%8.8%12.8%0.4%-2.1%-9.1%-24.9%-
Adjusted EPS (Rs.) 13.576.9219.73.840.343.621.262.150.66-17.23-27.36
Y-o-Y Gr. Rt.--49%184.7%-80.5%-91.2%964.7%-65.2%70.6%-69.3%-2710.6%-
Book Value per Share (Rs.) 84.6891.56109.63109.84109.1112.49113.43115.81116.4298.4671.46
Adjusted Net Profit 31.816.346.290.88.5351.5-40.4-64
Net Op. Cash Flow (Rs. Cr.) 59.547.353.268.446.874.911037.850.664.6-
Debt to Cash Flow from Ops 4.297.777.225.797.915.13.2210.048.596.49-
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Aarvee Denims & Exports Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 1.5%-5.4%-12.6%-24.9%
Adjusted EPS -202.7%-319.3%-339.1%-2710.6%
Book Value per Share 1.7-2-4.6-15.4
Share Price -2.8% -17.1% -6.7% 168.2%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on Equity (%) 17.567.8619.593.50.313.271.121.880.57-16.03-32.2
Operating Profit Margin (%) 16.5912.9517.1912.339.239.198.749.711.036.42-2.06
Net Profit Margin (%) 6.432.466.391.310.111.010.350.610.21-7.16-23
Debt to Equity 1.281.711.491.541.451.451.331.41.591.811.05
Working Capital Days 150144156192189180189213261331281
Cash Conversion Cycle 908710713612711111212414820144
Entity Percentage Holding
Promoters 65.80%
Institutions 2.11%
Non-Institutions 32.09%
Pledged *2.272.272.272.272.272.2753.2751.0051.0051.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Aarvee Denims & Exports Ltd's performance infers:

Aarvee Denims & Exports Ltd earnings have declined by -319.3%, whereas share price has depreciated -17.1% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Aarvee Denims & Exports Ltd share prices over the last 10 years. Here is what we found out:

Aarvee Denims & Exports Ltd share price has depreciated -5.4% annually over the past ten years.

Aarvee Denims & Exports, incorporated 1988, is engaged in business of denim manufacturing. The company is among the leading global players in the textile industry.

Earlier was known as Amtex India, the company is promoted by Arora Group and V B Shah Group. Aarvee Denims & Exports is second largest denim manufacturer in Read More

Aarvee Denims & Exports, incorporated 1988, is engaged in business of denim manufacturing. The company is among the leading global players in the textile industry.

Earlier was known as Amtex India, the company is promoted by Arora Group and V B Shah Group. Aarvee Denims & Exports is second largest denim manufacturer in India.

The company manufactures denim garments such as jeans, trousers, jackets, shirts, etc. for men, women and kids. It also produces cotton garments and home textiles.

The company markets the products under the brand ADEN and AMTEX. It has also launched brand 'DE EXTASE' that includes products like jeans, cargos, capris, jackets, trousers, shirts, T-shirts, sweaters and accessories like purses, goggles, belts, bags, etc.

Presently Arvee has the capacity to produce 47 million meters of weaves, 18.50 metric tonnes of spinning and 6 lakh pieces of readymade garments per annum.

The company is equipped with modern spinning, dyeing and sizing, weaving, garmenting and finishing machines that leads to manufacture of quality fabric.

Aarvee Denims & Exports is located at Ahmedabad, Gujarat. The company has entered into garment and retail segment through its own Exclusive Brand Outlet (EBO).

The company commissioned 8 windmills of 1.5 MW in the first quarter of fiscal year 2007-08. This has taken the total number of windmills to 12.

Future Strategy

Aarvee Denims & Exports plans to develop pan-India network of its Exclusive Brand Outlets.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback