Arvind Products Ltd Stock Analysis

BSE: 532489 | NSE: | Textile | Small Cap

BSE Share Price
Not Listed

DeciZen - Make an Informed Decision on Arvind Products

M-Cap below 100cr DeciZen not available

FAQ's

1. Is Arvind Products Ltd. a good quality company?

Data is not available for this company.

2. Is Arvind Products Ltd. undervalued or overvalued?

No data found

3. Is Arvind Products Ltd. a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Arvind Products 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 Arvind Products:

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

Value Creation Index Colour Code Guide
Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11TTM
ROCE % -4%5.3%4.6%3.4%2.8%7.3%5.4%-0.4%8%6.7%-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 326382352407390447438387475620679
YoY Gr. Rt. %-16.9%-7.8%15.7%-4.2%14.8%-2.1%-11.5%22.5%30.6%-
Adj EPS -8.60-0.2-0.9-0.90.90.4-2.90.50.10.3
YoY Gr. Rt. %-NA-900%NANANA-59.1%-908.3%NA-87.2%-
BVPS (₹) 11.75.95.64.63.74.651.92.42.42.4
Adj Net Profit -69.80.2-1.9-7-7.37.12.9-23.53.80.52
Cash Flow from Ops. 24.460.668763390.3-25957968-
Debt/CF from Ops. 26.8543.17.12-10.12.32.52.5-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 7.4%9.7%12.3%30.6%
Adj EPS NANA-45%-87.2%
BVPS -16-8.1-21.22.1
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11TTM
Return on Equity % -27.90.2-1.8-6.9-7.87.63-26.84.90.610.3
Op. Profit Mgn % 10.515.716.312.412.313.512.910.210.48.46.7
Net Profit Mgn % -21.40.1-0.6-1.7-1.91.60.7-6.10.80.10.3
Debt to Equity 32.82.62.42.61.92.52.92.52.12.2
Working Cap Days 293117137145162142137153145142133
Cash Conv. Cycle -466-13-175611754-10-330

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Arvind Products Ltd.

Standalone Consolidated
TTM EPS (₹) 0.3 -
TTM Sales (₹ Cr.) 679 -
BVPS (₹.) 2.4 -
Reserves (₹ Cr.) -61 -
P/BV 3.04 -
PE 29.74 -
From the Market
52 Week Low / High (₹) 7.40 / 7.71
All Time Low / High (₹) 1.50 / 23.50
Market Cap (₹ Cr.) 60.1
Equity (₹ Cr.) 81
Face Value (₹) 10
Industry PE 11

Management X-Ray of Arvind Products :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *93.4193.4193.4193.4193.4193.4193.4193.4193.4193.41
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Arvind Products Ltd

Arvind Products (APL) is a subsidiary of The Arvind Mills and is a company from the Lalbhai group, headed by Sanjay Lalbhai. The company has also introduced some unique and differentiated products such as PU coated, slubby, sulphur-dyed, yarn-dyed, blotch printing, pigment dyeing, double dyeing like reactive base with pigment topping and combinations weaves, etc. APL has added up new customers in the USA and have penetrated deep in the UK. Arvind products is into yarn and supplies most of its production to Arvind Mills. Arvind Products has been reporting losses for a few years because of heavy interest burden. This is due to huge loans taken by the company. The company is said to be doing well and is a beneficiary of the textile quota regime being scrapped.

This company operates through following independent units.

1. Ankur Textiles:

Ankur Textile was originally known as Lakshmi Cotton Mills and was taken up by the Lalbhai group in the year 1979 as a closed-sick mill. A major rehabilitation programme was drawn up to revive this closed-sick mill. Managerial and technical talent from Arvind Mills took up this challenge to rejuvenate this closed Mill. Until the year 1996 this unit was a division of Arvind Mills and is currently a division of Arvind Products.

2. Arvind Intex:

Ahmedabad-based Arvind Intex was a sick unit -- The Nagri Mills Limited -- that Arvind took over in 1991-1992, and rehabilitated since. The company produces cotton yarn for the Indian and international markets, and recently commissioned a completely modernised spinning unit to produce ring-spun yarn for the Indian market.

3. Arvind Cotspin:

Arvind Cotspin, located at Kolhapur, Maharashtra, is one of India's largest spinning mills. The company manufactures 100% cotton yarn and double yarn in a wide range of counts and varieties.

Group companies:

• Atul

• Amol Dicalite

• Anup Engineering

Business areas of the company:

The principal business segments of the company include manufacturing and marketing of Voiles fabrics, Bottomweight fabric (khakis) and yarn.

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