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Nivaka Fashions

₹4.1 0.1 | 2.3%

Market Cap ₹42 Cr.

Stock P/E -276.4

P/B 4.2

Current Price ₹4.1

Book Value ₹ 1

Face Value 1

52W High ₹7.1

Dividend Yield 0%

52W Low ₹ 2

Nivaka Fashions Research see more...

Overview Inc. Year: 1983Industry: Retailing

Nivaka Fashions Share Price

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Peer Comparison

Nivaka Fashions Quarterly Results

#(Fig in Cr.) Mar 2021 Jun 2021 Sep 2021 Dec 2021 Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
Net Sales 11 2 4 3 2 1 1 0 1 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 11 2 4 3 2 1 1 0 1 0
Total Expenditure 10 1 4 3 1 1 1 0 1 0
Operating Profit 1 0 0 0 0 -0 0 0 0 -0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 -0 0 -0 0 -0
Provision for Tax -0 0 0 0 0 0 0 0 0 0
Profit After Tax 1 0 0 0 0 -0 0 -0 0 -0
Adjustments 0 -0 0 0 0 0 0 -0 0 0
Profit After Adjustments 1 0 0 0 0 -0 0 -0 0 -0
Adjusted Earnings Per Share 0.1 0 0 0 0 -0 0 -0 0 -0

Nivaka Fashions Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 6 5 15 36 36 22 22 12 4 2
Other Income 0 0 0 1 1 1 1 0 1 0
Total Income 6 6 15 37 37 23 23 12 5 2
Total Expenditure 6 6 15 34 34 23 22 11 4 2
Operating Profit 0 0 0 3 2 -1 1 1 0 0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 3 2 -1 1 0 0 0
Provision for Tax 0 0 0 1 1 0 -0 0 0 0
Profit After Tax 0 0 0 2 2 -1 1 0 0 0
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 2 2 -1 1 0 0 0
Adjusted Earnings Per Share 0 0 0 0 0.2 -0.1 0.1 0 0 0

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -67% -43% -36% 0%
Operating Profit CAGR -100% 0% -100% 0%
PAT CAGR 0% 0% -100% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 37% -18% -16% NA%
ROE Average 0% 3% 4% 6%
ROCE Average 1% 3% 5% 8%

Nivaka Fashions Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 6 6 6 8 10 9 10 10 10
Minority's Interest 0 0 0 0 0 0 0 0 0
Borrowings 1 1 2 1 0 0 1 1 0
Other Non-Current Liabilities 0 0 0 0 0 0 -0 -0 2
Total Current Liabilities 7 4 6 13 9 20 24 12 3
Total Liabilities 13 11 14 22 20 30 34 23 15
Fixed Assets 0 0 0 0 0 1 1 1 2
Other Non-Current Assets 2 3 0 4 12 15 13 8 7
Total Current Assets 11 8 14 18 8 15 20 15 6
Total Assets 13 11 14 22 20 30 34 23 15

Nivaka Fashions Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 4 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities -4 -0 0 0 4 4 -1 -6 1
Cash Flow from Investing Activities -2 0 -1 -0 -3 -4 1 5 -1
Cash Flow from Financing Activities 2 -0 1 -0 -2 0 0 -0 -0
Net Cash Inflow / Outflow -4 -0 0 -0 -0 0 0 -0 -0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 0

Nivaka Fashions Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0 0 0 0 0.17 -0.08 0.06 0.03 0
CEPS(Rs) 0.01 0.02 0.02 0.23 0.18 -0.07 0.08 0.06 0.03
DPS(Rs) 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0 0 0 0 1 0.92 0.98 1.01 1.01
Core EBITDA Margin(%) -3.18 -4.46 -0.62 7.11 4.87 -7.88 -0.7 4.96 -3.7
EBIT Margin(%) 1.51 2.03 1.82 8.68 6.63 -3.86 2.77 2.84 3.53
Pre Tax Margin(%) 1.49 1.98 1.59 8.68 6.63 -3.86 2.73 2.55 2.35
PAT Margin (%) 1.49 1.98 1.22 6.51 4.95 -3.86 2.82 2.4 0.55
Cash Profit Margin (%) 1.5 1.98 1.22 6.54 5.08 -3.18 3.92 4.78 6.31
ROA(%) 0.65 0.88 1.48 13.2 8.62 -3.34 1.92 1.01 0.12
ROE(%) 1.48 1.81 2.98 32.1 19.11 -8.44 6.33 2.83 0.22
ROCE(%) 1.31 1.63 3.73 37.1 24.37 -8.23 5.97 3.16 1.33
Receivable days 372.96 330.89 85.45 77.66 88.65 144.26 227 396.92 597.96
Inventory Days 0 23.27 18.14 14.52 18.72 39.66 51.02 83.88 176.61
Payable days 379.08 337.45 121.58 99.15 111.96 247.79 409.59 1076.43 3177.92
PER(x) 0 0 0 0 53.08 0 125.38 269.75 1413.64
Price/Book(x) 0 0 0 0 9.26 12.72 7.68 7.54 3.09
Dividend Yield(%) 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.11 1.2 0.36 0.17 2.63 5.57 3.54 6.51 7.84
EV/Core EBITDA(x) 73.77 58.76 20.04 1.98 38.96 -175.27 91.63 124.7 84.44
Net Sales Growth(%) 0 -7.25 174.52 143.64 0.4 -40.53 1.12 -44.9 -65.68
EBIT Growth(%) 0 25.06 145.29 1064.51 -23.28 -134.6 172.65 -43.49 -57.44
PAT Growth(%) 0 22.91 68.74 1202.39 -23.57 -146.33 174 -53.13 -92.13
EPS Growth(%) 0 0 0 0 0 -146.33 173.98 -53.09 -92.17
Debt/Equity(x) 0.14 0.13 0 0.08 0.02 0.03 0.05 0.07 0.05
Current Ratio(x) 1.66 2 2.33 1.42 0.87 0.73 0.85 1.21 2.27
Quick Ratio(x) 1.66 1.91 2.13 1.28 0.65 0.6 0.71 1.03 1.54
Interest Cover(x) 117.68 39.12 8.02 2471.38 0 0 70.52 9.64 3
Total Debt/Mcap(x) 0 0 0 0 0 0 0.01 0.01 0.02

Nivaka Fashions Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 24.49 24.49 24.49 24.49 24.49 24.49 24.49 24.49 24.49 24.49
FII 0 0 0 0 0 0 0 0 0 0.58
DII 0 0 0 0 0 0 0 0 0 0
Public 75.51 75.51 75.51 75.51 75.51 75.51 75.51 75.51 75.51 74.92
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 24.49%.
  • Company has a low return on equity of 3% over the last 3 years.
  • Debtor days have increased from 1076.43 to 3177.92days.
  • Stock is trading at 4.2 times its book value.
  • The company has delivered a poor profit growth of -100% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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