Aarvee Denims & Exports Ltd Stock Analysis

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

BSE Share Price Jun 30, 18:01
18.50 0.00 (0.00%)

DeciZen - Make an Informed Decision on Aarvee Denims & Exp.

M-Cap below 100cr DeciZen not available

FAQs

1. Is Aarvee Denims & Exports Ltd a good quality company?

Data is not available for this company.

2. Is Aarvee Denims & Exports Ltd 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 Undervalued zone.

3. Is Aarvee Denims & Exports Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Aarvee Denims & Exports 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 Aarvee Denims & Exp.:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 8.1%11.9%5.7%3.9%5.4%4.6%5.6%5.3%-0.5%-5.1%-
Value Creation Index -0.4-0.2-0.6-0.7-0.6-0.7-0.6-0.6-1.0-1.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 661723685746841844827752565282410
YoY Gr. Rt. %-9.4%-5.3%8.8%12.8%0.4%-2.1%-9.1%-24.9%-50.1%-
Adj EPS 6.919.73.80.33.61.32.20.7-17.2-28.7-26.7
YoY Gr. Rt. %-184.7%-80.5%-91.2%964.7%-65.2%70.6%-69.3%-2710.6%NA-
BVPS (₹) 91.6109.6109.8109.1112.5113.4115.8116.498.571.553.9
Adj Net Profit 16.346.290.88.5351.5-40.4-67.3-63
Cash Flow from Ops. 47.353.268.446.874.911037.850.664.645.4-
Debt/CF from Ops. 7.87.25.87.95.13.2108.66.59.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -9.1%-19.7%-30.2%-50.1%
Adj EPS -217.1%-251.3%-337.1%NA
BVPS -2.7-8.7-14.9-27.4
Share Price -6.4% -21.1% -1.3% -9.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 7.919.63.50.33.31.11.90.6-16-33.7-42.5
Op. Profit Mgn % 1317.212.39.29.28.79.7116.4-2.1-0.4
Net Profit Mgn % 2.56.41.30.110.40.60.2-7.2-23.9-15.3
Debt to Equity 1.71.51.51.51.51.31.41.61.82.61.2
Working Cap Days 144156192189180189213261331581287
Cash Conv. Cycle 871071361271111121241482013428

Recent Performance Summary

Sales growth is good in last 4 quarters at 584.14%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -30.18%

Debt to equity has increased versus last 3 years average to 2.58

Latest Financials - Aarvee Denims & Exports Ltd.

Standalone Consolidated
TTM EPS (₹) -26.7 -17.9
TTM Sales (₹ Cr.) 410 565
BVPS (₹.) 53.9 0
Reserves (₹ Cr.) 103 208
P/BV 0.34 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 16.95 / 33.30
All Time Low / High (₹) 0.25 / 166.00
Market Cap (₹ Cr.) 43.4
Equity (₹ Cr.) 23.5
Face Value (₹) 10
Industry PE 12.1

Management X-Ray of Aarvee Denims & Exp. :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *2.272.272.2753.2751.0051.0051.0051.0051.0051.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Login/Register to view analysis.

News

About Aarvee Denims & Exports Ltd

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.

Read More Read Less