Evinix Industries Ltd Stock Analysis

BSE: 532818 | NSE: EVINIX | Textile | Small Cap

BSE Share Price
Not Listed

DeciZen - Make an Informed Decision on Evinix Industries

M-Cap below 100cr DeciZen not available

Evinix Industries Price Chart

P/E Ratio (SA) :
0.00
Market Cap :
4.4 Cr.
52-wk low :
0.4
52-wk high :
0.4
Bole Toh?

1. Is Evinix Industries Ltd. a good quality company?

Data is not available for this company.

2. Is Evinix Industries Ltd. undervalued or overvalued?

No data found

3. Is Evinix Industries Ltd. a good buy now?

No data found

10 Year X-Ray of Evinix Industries:

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'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11TTM
ROCE % 0%0%-36.7%61.9%45.8%15.5%17.4%8.1%9%5.8%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 005.428.646.968.311912216020767
YoY Gr. Rt. %-NANA430.6%64.1%45.6%74.3%2.3%31.7%29%-
Adj EPS 00-1.52.30.80.61.30.50.70.3-0.4
YoY Gr. Rt. %-NANANA-63.9%-26.8%123.3%-62.7%36%-63.2%-
BVPS (₹) 00-0.81.52.35.66.56.77.57.70.3
Adj Net Profit 00-2.43.75.96.414.45.37.32.6-4
Cash Flow from Ops. 00-2.11.43.7-11.2-1.916.36.40-
Debt/CF from Ops. 00-3.14.20.8-1-18.639.40-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA34.5%20.2%29%
Adj EPS NA-21.2%-42.9%-63.2%
BVPS 027.95.72.8
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11TTM
Return on Equity % 00204.1554.56315.920.26.68.52.9-8.8
Op. Profit Mgn % 00-41.415.216.614.717.59.110.57.1-5.2
Net Profit Mgn % 00-45.313.112.69.412.14.44.61.3-5.6
Debt to Equity 00-5.32.30.20.20.50.70.81-
Working Cap Days 000871001582042832482520
Cash Conv. Cycle 00047401041552141901890

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 %

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

Latest Financials - Evinix Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -0.4 -
TTM Sales (₹ Cr.) 67.1 -
BVPS (₹.) 0.3 -
Reserves (₹ Cr.) 1 -
P/BV 1.49 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 0.39 / 0.42
All Time Low / High (₹) 0.35 / 23.44
Market Cap (₹ Cr.) 4.4
Equity (₹ Cr.) 10.7
Face Value (₹) 1
Industry PE 23.7

Management X-Ray of Evinix Industries :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *13.0413.0413.0413.0435.8436.0036.1636.3536.3536.35
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Evinix Industries

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Evinix Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Evinix Industries on 01-Jan-1970 05:30 is : 0.00.
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 01-Jan-1970 05:30 the market cap of Evinix Industries stood at ₹ 4.39.
The latest PE ratio of Evinix Industries as of 01-Jan-1970 05:30 is 0.00.
The latest PB ratio of Evinix Industries as of 01-Jan-1970 05:30 is 1.49
The 52-week high of Evinix Industries is ₹ 0.42 and the 52-week low is ₹ 0.39.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Evinix Industries is ₹ 67.11 ( Cr.) .

About Evinix Industries Ltd

Evinix Accessories Limited incorporated on May 1, 1996 as a private limited company, the company came up with a public issue of 35, 00, 000 shares in February 2007.

Evinix Accessories Ltd, a leading manufacturer and merchandiser of fashion accessories and garments, today announced that it has launched its store in Surat, under the brand name CUT (an acronym for Comfortable, Urban, Trendy) at Ghod Dhod Road. CUT houses a premium collection of 61 international brands and is one of the largest youth style destinations in the country.

From Evinix Xsesryz to Evinix Accessories– it has been an eventful and exciting journey. A journey of many milestones and of a vision that cuts across borders.

A journey that began in 1996 with the manufacture of headgears, baseball caps and high altitude jackets, using cotton textile and leather, mainly for exports.A journey that has pinnacled with the launch of the company’s third division, Rapid Retail, after its continued triumph in the two fast-growing segments of Accessories and Apparel.

Vending to international brands retailers, Evinix today stands apart in the world of fashion as a brand that spells quality, design and innovation across the world. Its value chain extends across the entire spectrum of client requirement – from adapting the buyer request and translating it into samples and eventually, manufacturing and exporting the merchandise, thereby encapsulating the entire value chain from Design to Delivery (D2D)

And its foray into the retail market marks the beginning of another exhilarating venture. With this foray, the company is now all set to cut into a new phase of growth, to create style as a domain. It is all set to make niche offerings that are cut to make the ideal style statement, and set trends for the future.With the youth as its new icon, Evinix today is in a new mode of evolution. It’s an evolution that will cut across the boundaries of fashion and class to create a new breed of the style-conscious youth. 
Different divisions of the company:
Accessories –The Accessories on offer at Evinix include an assortment of caps, hats, sport-bags, ladies fashion bags, leather belts, scarves, stoles and shawls. 
Evinix caters to the accessories requirements of men, women and children. 
Apparel –The apparel category constitutes men and women’s shirts, trousers, skirts and tops, kidswear and nightwear. Organic cotton wear for expecting mothers and infants is an additional strength. The company’s fashion apparel range includes dresses, inner wear & T-shirts for kids and tops, T-shirts & skirts and sleepwear for men, women and kids.
Rapid Retail –The principle of Rapid Retail suggests that every merchandise has a limited shelf life at CUT stores. The Rapid Retail business concept embraces the e.t.o.a.d concept i.e. the exact time of awaited departure when the product will move out to the next best price bracket.

Product range of the company includes:

Evinix Accessories Ltd. is in the business of designing and manufacturing fashion accessories and garments for exports as well as domestic markets It also undertakes bulk trading of processed and greig fabric.

Scarves / Wraps 
Bags
Handbags (Ladies) 
Leisure Bags (General purpose bags including sports bags) 

Headgear
Hats (mainly for kids and babies) 
Caps (mostly adult and sports caps) 

Wallets
Textile wallets 
Leather wallets 
Belts
Textile belts 
Leather belts

Lifestyle Accessories
Photo frames, Coasters, Book Cover, Book Marks etc.

Organic Cottonwear (Manufacturing done at a certified factory)

Knitted (Including Nightwear)
Kids’ Wear (including Infants & Toddlers)
Maternity wear (Organic & non-organic)

Knitte
Shirts & T-Shirts
Mix & Match schemes

Milestones :  

 1996-97
Commenced operations with imported specialized machinery for baseball caps manufacturing and embroidery. 
Commences export of baseball caps to USA. 

1997-98
Started manufacture and supply of sports bags. 
Commenced export of Sports Bags to USA. 
Started export of caps to Middle East. 

1998-99
Set up a new factory in Faridabad.

2000-01 
Converted existing facility at Faridabad into 100% EOU. 
Expanded Faridabad unit to manufacture cotton canvas bags. 

2001-02 
Commenced the manufacture & export of accessories for babies & kids. 
Awarded Silver Trophy, the second highest award in the 100% EOU/EPZ- Made-ups category, for determined marketing and promotional efforts that led to cotton made-ups exports of over Rs. 5 crores (for outstanding export performance in the year 2001-02) by TEXPROCIL, The Cotton Textiles Export Promotion Council, India. 

2002-03
Commenced export of Leather Belts. 

2003-04
Commenced production and exports of Leather Handbags and Wallets. 

2005-06 
Creation and Set-up of Design Studio 
Entered into a Trademark Licensee agreement with Gini & Jony. 
Merger of Evinix Consolidated, a partnership firm of promoters, into the company. Received the prestigious vendor approval status from Adidas as manufacturer of Apparel and Accessories. 

2006-07 
Acquired and started world class apparel manufacturing unit dedicated to baby & women’s fashion wear at Noida Special Economic Zone near New Delhi. 
Successfully listed 3,500,000 shares on the Bombay Stock Exchange and National Stock Exchange, the two largest bourses of the country.  

Achievements/ recognition:

  • Registration by the Fair Trade Organisation, UK, as per international standards set by the international certification body, Fairtrade Labelling Organisation International (FLO). 
  • Worldwide Responsible Apparel Production (WRAP) registration, USA, as a mark of compliance with a growing list of retailer requirements and audits of factories, based upon 12 principles established by WRAP. 
  • Garmenting, knitting and processing operations have been evaluated, approved and certified by Control Union, Switzerland, earlier known as SKAL. 
  • Awarded Silver Trophy, the second highest award in the 100% EOU/EPZ- Made-ups category, for determined marketing and promotional efforts that led to cotton made-ups exports of over Rs. 5 crores (for outstanding export performance in the year 2001-02) by TEXPROCIL, The Cotton Textiles Export Promotion Council, India. 
  • One of the few companies to get a certificate of quality from Flocert, Germany, for maternity wear. 
  • PASS (Perfect Asia Sourcing Services) is a hologram of quality certification. Every product quality-checked through CUT, is fixated with a unique PASS hologram, doubly assuring the authenticity of the quality of the product.
  • Certification from “Control Union Certifications”, Netherlands for the processing of fibres from certified organic agriculture for the following standards:
           -Global Textile Standards – GOTS 
          -OE 100 Standard of the Organic Exchange – OE 
          -Certification from Control Union for production of eco-friendly organic cotton garments



Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now