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Provogue (India) Ltd (PROVOGE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532647 NSE: PROVOGE Textile | Small Cap | Provogue India Share Price

₹0.93 0.00 (0.00%)

As on 14-Nov'19 18:01

Provogue (India) Ltd (PROVOGE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532647 NSE: PROVOGE Textile | Small Cap | Provogue India Share Price

₹0.93 0.00 (0.00%)

As on 14-Nov'19 18:01

Key Metrics
Valuation Multiples
Market Cap
₹17 Cr.
Current Price
₹0.9
52-Week Low / High
₹1 / 1
TTM EPS
₹-2.9
TTM Sales
₹58.7 Cr.
Book Value per Share
₹-4.3
P/E Ratio
0.00
Industry PE
36.6
Price to Book (P/B)
-0.17
Price to Sales (P/S)
0.29
EV/EBITDA
-33.51
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Return on Capital Employed (ROCE)
-11.44%
Return on Assets (ROA)
-26.80%
Operating Profit Margin
-1.7%
Net Profit Margin
-86.95%
Gross Profit Margin
-58.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
-20.89%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
20.15%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-123 Cr.
Equity
₹23.3 Cr.
Face Value
₹1
All Time Low / High
₹0.43 / 292.00

Provogue (India) stock performance

Key Ratios
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10 Year X-Ray :

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

Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
ROCE % 6.8%7.3%6.8%7.3%4.5%-4.5%-23%-29%-67.5%-11.4%-
Value Creation
Index
-0.5-0.5-0.5-0.5-0.7-1.3-2.6-3.1NANA-

Growth Parameters

Sales 48156561054161454542321491.872.659
Sales YoY Gr.-17.6%7.8%-11.3%13.6%-11.2%-22.4%-49.6%-57%-20.9%-
Adj EPS 2.43.42.21.20.3-7.2-16.8-7.7-9.6-2.4-2.9
YoY Gr.-42.1%-34.9%-44.1%-75%-2429%NANANANA-
BVPS (₹) 61.464.148.149.149.242.325.98.9-0.6-3.3-4.3
Adj Net
Profit
27.53925.414.23.5-82.6-192-180-224-55-67
Cash Flow from Ops. -44.2-10.817.839.2-14.644.817.210.61.80.2-
Debt/CF from Ops. -5-22.816.87.2-19.56.11720.487.7824.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -18.9%-34.8%-44.4%-20.9%
Adj EPS -199.8%-250.1%NANA
BVPS-172.2%-158.2%-150.3%NA
Share Price -12.8% 5.3% 8.9% 29.2%

Key Financial Parameters

Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
Return on
Equity %
3.95.442.60.6-15.8-49.2-71.5-231.1121.676.5
Op. Profit
Mgn %
10.512.89.811.19.3-7.8-35.7-69-133.9-1.8-8.2
Net Profit
Mgn %
5.76.94.22.60.6-15.2-45.3-84.3-244.1-75.7-115
Debt to
Equity
0.30.30.50.50.50.611.1-11.7-2.1-
Working Cap
Days
401408413485432469486660801489247
Cash Conv.
Cycle
202217237286281348385498515160-1,014

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Sales480.67565.39609.72540.62614.36545.46423.44213.5391.7872.61
Operating Expenses + 431.06494.54551.45482.02558.17588.17577.91360.95217.8573.88
Manufacturing Costs44.1639.5445.9239.0539.8846.1646.0623.1517.5914.19
Material Costs295.10372.97423.87377.28469.56509.90502.88300.27166.6547.52
Employee Cost 16.3615.9916.4014.5612.327.186.874.554.854.30
Other Costs 75.4566.0465.2651.1436.4124.9322.1032.9828.777.88
Operating Profit 49.6070.8458.2858.6056.19-42.71-154.47-147.42-126.08-1.27
Operating Profit Margin (%) 10.3%12.5%9.6%10.8%9.1%-7.8%-36.5%-69.0%-137.0%-1.7%
Other Income + 22.7718.7216.6914.108.634.475.924.995.810.21
Exceptional Items 0-8.51-1.33-0.32-18.4310.4300-69.74-11.39
Interest 19.9526.0432.2135.5737.0138.8739.3734.4332.9941.55
Depreciation 12.2811.9311.8110.978.298.425.834.192.570.60
Profit Before Tax 40.1543.0829.6125.841.09-75.10-193.75-181.05-225.57-54.59
Tax 11.799.674.5812.940.14-0.540.35-1.250.618.54
Profit After Tax 28.3533.4125.0312.890.94-74.56-194.10-179.81-226.18-63.14
PAT Margin (%) 5.9%5.9%4.1%2.4%0.2%-13.7%-45.8%-84.2%-246.0%-87.0%
Adjusted EPS (₹)2.52.92.21.10.1-6.5-17.0-7.7-9.7-2.7
Dividend Payout Ratio (%)8.10%8.60%4.60%8.90%0%0%0%0%0%0%

Valuation of Provogue India - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19

Equity and Liabilities

Shareholders Fund + 702.60732.68549.53561.09562.03483.94296.19207.53-13.65-76.78
Share Capital 22.8722.8711.4411.4411.4411.4411.4423.3423.3423.34
Reserves 679.73709.81538.09549.66550.59472.50284.75184.19-36.99-100.12
Debt +219.70233.21280.89275.31279.63260.53272.36178.07124.25122.86
Long Term Debt219.7063.2842.5560.3358.1845.6630.05000
Short Term Debt0169.93238.35214.97221.45214.86242.32178.07124.25122.86
Minority Interest0000000000
Trade Payables56.9155.1374.7084.7562.9766.2932.3429.5717.3118.73
Others Liabilities 6.4418.6221.725.894.938.3623.1540.89116.03162.48
Total Liabilities 985.651,039.64926.84927.04909.56819.11624.04456.06243.94227.29

Fixed Assets

Net Fixed Assets +6966.0558.1146.0137.9725.0316.4612.578.277.87
Gross Block105.45105.33105.3099.0595.9596.1522.0724.1721.0620.83
Accumulated Depreciation36.4539.2847.1953.0357.9771.125.6011.6012.7812.96
CWIP 0.450.360.060000000
Investments 289.86290.18136.14150.04121.03108.96127.89128.43129.83117.19
Inventories220.36271.88293.64324.18343.58380.67324.53200.4216.7310.97
Trade Receivables140.99171.46215.18203.57235.35200.7872.3247.4237.2139.96
Cash Equivalents 29.8415.697.5917.229.7125.0611.2811.496.596.80
Others Assets 235.13224.02216.12186.02161.9278.6071.5555.7345.3144.51
Total Assets 985.651,039.64926.84927.04909.56819.11624.04456.06243.94227.29

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Cash Flow From Operating Activity + -44.21-10.7917.7639.23-14.5944.8317.1710.641.820.19
PBT 39.7643.0829.6125.841.09-75.10-193.75-181.05-155.83-43.20
Adjustment 12.6921.5425.0729.7832.9635.5543.3554.8650.2544.09
Changes in Working Capital -85.48-62.42-22.31-11.82-46.2885.01167.57136.84107.61-0.27
Tax Paid -11.56-12.98-14.61-4.57-2.35-0.6300-0.22-0.43
Cash Flow From Investing Activity + 31.766.86-45.296.0335.369.220.798.962.803.20
Capex -19.19-10.60-7.83-0.43-1.10-0.20-0.80-0.090.520.03
Net Investments 59.211.80-49.77-5.4029.0213.161.65-0.74-1.633.98
Others -8.2615.6612.3111.867.44-3.75-0.069.783.91-0.81
Cash Flow From Financing Activity + 29.62-10.6412.15-38.89-30.04-44.60-27.01-16.87-5.77-3.24
Net Proceeds from Shares -12.39000000000
Net Proceeds from Borrowing 66.04-22.93-20.7317.79-2.15-5.01-15.33000
Interest Paid -19.95-26.04-32.21-31.97-33.02-33-39.14-34.3400
Dividend Paid -4.09-2.67-3.32-1.33-1.3400000
Others 040.9968.42-23.376.47-6.5927.4617.47-5.77-3.24
Net Cash Flow 17.18-14.57-15.386.37-9.279.44-9.062.73-1.150.15

Financial Ratio

PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Ratios
ROE (%)4.124.653.92.320.17-14.26-49.76-71.39N/AN/A
ROCE (%)6.817.276.777.274.51-4.52-22.96-28.95N/AN/A
Asset Turnover Ratio0.510.560.630.580.670.630.590.40.260.31
PAT to CFO Conversion(x)-1.56-0.320.713.04-15.52N/AN/AN/AN/AN/A
Working Capital Days
Receivable Days88.20100.80114.70141130.40145.90117.70102.30168.30193.90
Inventory Days155.60158.90167.80208.10198.40242.30303.90448.70431.8069.60
Payable Days61.1054.8055.9077.1057.4046.3035.8037.6051.30138.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Provogue (India) Ltd FAQs

The current trading price of Provogue India on 14-Nov-2019 18:01 is ₹0.93.

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 13-Nov-2019 the market cap of Provogue India stood at ₹16.80 Cr

The latest P/E ratio of Provogue India as of 13-Nov-2019 is 0.00.

The latest P/B ratio of Provogue India as of 13-Nov-2019 is -0.17.

The 52-week high of Provogue India is ₹0.93 and the 52-week low is ₹0.72.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Provogue India is ₹58.65 ( Cr.) .

Data is not available for this company.

The key valuation ratios of Provogue (India) Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

No data found

About Provogue (India) Ltd

Provogue was incorporated on November 1997 as Acme Clothing. It is engaged in retailing of apparels and accessories in men and women segment. The company launched its brand ‘Provogue’ in March 1998.

The name was changed to present one on March 2005.

Company’s brands are retailed through leading national chain stores such as Shopper's Stop, Lifestyle, Globus, Westside etc.

Provogue fashions and accessories were available across 124 Provogue stores and 104 national chain store locations.

The company has association with supermodels and stars namely John Abraham, Hrithik Roshan, Fardeen Khan, Saif Ali Khan and Esha Deol as their brand ambassadors.

Prozone Enterprises a subsidiary which is engaged in the process of developing properties for commercialpurposes including development of shopping malls. Beside this company owns 19 subsidiaries namely Prozone Enterprise, Castle Mall, Hagwood Commercial Developers, Sporting and Outdoor Ad-Agency, Probrand Enterprises, Millennium Accessories are among others.

The company owns Promart a division is retail store that offers consumers their favourite brands at reasonable price.

Awards

Provogue was Lycra IFA Winner as ‘Most Admired Fashion Forward Brand of the year’ in 2005.

The company received DFU’s inside Fashion brand award for excellence in retail performance for the year 2004

The company received Golden Scale Award for the Best Brand in Apparel by CMAI in 2004.

Outlook

The company plans to invest a Rs 90 crore for its expansion plan. Provogue plans to set up 10 new Promart stores in tier 2 cities.

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