Veekayem Fashion And Apparels Ltd (VEEKAYEM) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: VEEKAYEM | Textile | Small Cap

BSE Share Price
Not Listed

Veekayem Fashion And Apparels Ltd (VEEKAYEM) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: VEEKAYEM | Textile | Small Cap

DeciZen - make an informed investing decision on Veekayem Fashion

Based on:

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Veekayem Fashion And Apparels stock performance -

Key Ratios
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P/E Ratio (SA):
18.37
Market Cap:
140.4 Cr.
52-wk low:
0
52-wk high:
0

Is Veekayem Fashion And Apparels Ltd an attractive stock to invest in?

1. Is Veekayem Fashion And Apparels Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Veekayem Fashion And Apparels Ltd is a average quality company.

2. Is Veekayem Fashion And Apparels Ltd undervalued or overvalued?

The key valuation ratios of Veekayem Fashion And Apparels Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Veekayem Fashion And Apparels Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Veekayem Fashion And Apparels 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 Veekayem Fashion:

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.
Veekayem Fashion And Apparels Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 10.3%10.8%10.9%10.6%9.4%7.9%8.1%10.2%11.4%14.1%-
Value Creation
Index
-0.3-0.2-0.2-0.2-0.3-0.4-0.4-0.3-0.20-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 16317516620321676.6149235244321321
Sales YoY Gr.-7.4%-5.1%22.1%6.1%-64.5%94.6%57.8%3.7%31.8%-
Adj EPS 2.133.55.32.30.84.236.81313
YoY Gr.-40.1%17.2%51.7%-57.2%-63.7%417.1%-30.4%131.9%89.3%-
BVPS (₹) 52.455.458.964.166.967.772.263.470.283.283.2
Adj Net
Profit
0.91.31.52.310.41.81.747.68
Cash Flow from Ops. -1.43.52.15.14.83.960.34.6-3.4-
Debt/CF from Ops. -34.615.227.812.615.120.613.7264.620.6-32.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.8%8.3%29.2%31.8%
Adj EPS 22.3%41.8%45.1%89.3%
BVPS5.3%4.5%4.9%18.5%
Share Price - - 89.2% -17%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
4.15.56.18.63.51.26.15.110.215.615.6
Op. Profit
Mgn %
4.65.365.24.712.46.65.66.67.3NAN
Net Profit
Mgn %
0.60.70.91.10.50.51.20.71.72.42.4
Debt to
Equity
2.22.22.42.32.52.82.62.42.32.3-
Working Cap
Days
1301481691561624732591801881730
Cash Conv.
Cycle
1091121271141233692051431581420

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 15.60%

Sales growth is growing at healthy rate in last 3 years 29.19%

Net Profit is growing at healthy rate in last 3 years 45.09%

Debt to equity has increased versus last 3 years average to 2.29

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Veekayem Fashion And Apparels Ltd.

Standalone Consolidated
TTM EPS (₹) 13 -
TTM Sales (₹ Cr.) 321 -
BVPS (₹.) 83.2 -
Reserves (₹ Cr.) 43 -
P/BV 2.87 -
PE 18.37 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 140
Equity (₹ Cr.) 5.9
Face Value (₹) 10
Industry PE 34.7

Management X-Ray of Veekayem Fashion:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Veekayem Fashion - Standalone Basis

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

data not found
No data found!

Key Ratios of Veekayem Fashion

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales16317516620321677149235244321
Operating Expenses 15616615619320567139222228298
Manufacturing Costs822216713221615
Material Costs13814513216517451113181193263
Employee Cost 88101213712151616
Other Costs 3111214212444
Operating Profit 891011101010131623
Operating Profit Margin (%) 4.6%5.2%6.0%5.2%4.7%12.4%6.6%5.6%6.6%7.3%
Other Income 1000000000
Interest 566778891012
Depreciation 1111111112
Exceptional Items 0000000000
Profit Before Tax 12232123510
Tax 111000-0112
Profit After Tax 1112102248
PAT Margin (%) 0.6%0.7%0.9%1.1%0.5%0.5%1.3%0.8%1.7%2.4%
Adjusted EPS (₹)2.13.03.55.32.50.84.43.16.913.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 22242528292931374149
Share Capital 4444444666
Reserves 18192123242527313543
Minority Interest0000000000
Debt485157616879798593109
Long Term Debt510872981098
Short Term Debt424249546671727585100
Trade Payables12181421151016131332
Others Liabilities 74579669817
Total Liabilities 8997102117121124133144155206

Fixed Assets

Gross Block42444649474748525563
Accumulated Depreciation21222425252627293032
Net Fixed Assets 21222224222121232430
CWIP 0000000001
Investments 0000000000
Inventories24283647535766636577
Trade Receivables42454243383337496293
Cash Equivalents 0000020000
Others Assets 12237108844
Total Assets 8997102117121124133144155206

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity -132554605-3
PBT 12232123510
Adjustment 7778999101013
Changes in Working Capital -9-5-7-5-5-6-4-12-10-24
Tax Paid -0-0-1-1-0-0-0-1-1-2
Cash Flow From Investing Activity -1-2-2-30-0-1-3-3-9
Capex -1-2-2-30-0-1-3-3-9
Net Investments 0000-00-00-00
Others 0000000000
Cash Flow From Financing Activity 3-1-1-2-5-2-63-213
Net Proceeds from Shares 0000000400
Net Proceeds from Borrowing -200007-12-1-0
Interest Paid -5-6-6-7-7-8-7-9-9-11
Dividend Paid 0000000000
Others 105642-125824
Net Cash Flow 00-0-002-2-0-00

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)4.135.526.18.593.881.226.285.3110.2616.96
ROCE (%)10.2610.8110.9410.599.377.948.1410.211.4414.05
Asset Turnover Ratio2.061.891.681.851.810.631.161.71.631.78
PAT to CFO Conversion(x)-1322.55N/A301.25-0.38
Working Capital Days
Receivable Days789195766917086668288
Inventory Days50547075852621511009681
Payable Days22374439388741292531

Veekayem Fashion And Apparels Ltd Stock News

Veekayem Fashion And Apparels Ltd FAQs

The current trading price of Veekayem Fashion 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 31-Dec-1969 the market cap of Veekayem Fashion stood at ₹140.4.
The latest P/E ratio of Veekayem Fashion as of 31-Dec-1969 is 18.37.
The latest P/B ratio of Veekayem Fashion as of 31-Dec-1969 is 2.87.
The 52-week high of Veekayem Fashion is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Veekayem Fashion is ₹321.3 ( Cr.) .

About Veekayem Fashion And Apparels Ltd

The company was originally incorporated as ‘Veekayem Textile Mills Private Limited’ on September 17, 1985 as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Mumbai. Pursuant to a special resolution of its Shareholders passed in the Extra-Ordinary General Meeting held on June 13, 2018, the company was converted from a private limited company to public limited company and consequently, the name of the company was changed to ‘Veekayem Textile Mills Limited’ and a fresh certificate of incorporation dated June 29, 2018 was issued to the company by the Registrar of Companies, Mumbai. Subsequently, pursuant to a special resolution of its Shareholders passed in the Extra-Ordinary General Meeting held on August 18, 2018 the name of the Company was changed to ‘Veekayem Fashion & Apparels Limited’ and a fresh certificate of incorporation dated October 29, 2018 was issued to the Company by the Registrar of Companies, Mumbai.

Veekayem Fashion and Apparels is engaged in the business of weaving and garment manufacturing. It is majorly engaged in the business of manufacturing for various brands, however it also cater to exports and local markets in customized designs as requested by its clients and customers in textile and apparel industry. The company deals in a range of products like Shirting fabrics, Suiting Fabrics, Trouser fabrics, jacketing fabrics, format trousers, cotton trousers and other accessories etc. Its extensive product portfolio of 100% Cotton - Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting – Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen.

The experience and trade relations developed by its promoters and management have been one of the key instrumental factors in the growth of the company. Krishankant Gupta, Vijaykumar Gupta and Madanlal Gupta are the promoters of the company. They have an adequate experience in the line of the business undertaken by the Company and look after the strategic as well as day to day business operations. The company has testing facility within the premises of manufacturing units. Its manufacturing facility has fully equipped quality control department with experienced staff to facilitate smooth manufacturing process. It has necessary infrastructure to test its raw materials and finished products to match the quality standards and as specified by the relevant customers. All the products are being manufactured strictly as per quality norms using the expertise of its experienced team to provide quality output to its customers at competitive prices.

Business area of the company

The company manufactures grey cloths including polyester / viscos, polyester cotton, 100 % Cotton, 100 % Linen, 100 % Wool and Lycra Fabrics through weaving process. It also manufactures all types of readymade garments for men and women. The broad categories include formal shirts, cotton shirts, formal trousers, cotton trousers, cotton joggers, cotton shorts, pajamas and Bermuda.

Major Events and Milestones

  • 1985: The company was incorporated as a private limited company.
  • 2016: The company was awarded as ‘Best Supplier Partners – West’ by Reliance Trends for Menswear Category for the year 2015-16.
  • 2018: The company was converted into a public limited company and subsequently, name of the company was changed from ‘Veekayem Textile Mills Private Limited’ to ‘Veekayem Textile Mills Limited’
  • 2018: The name of the company was changed from ‘Veekayem Textile Mills Limited’ to ‘Veekayem Fashion and Apparels Limited’.
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