Market Cap ₹144 Cr.
Stock P/E
P/B 3.9
Current Price ₹245.4
Book Value ₹ 63.4
Face Value 10
52W High ₹281
Dividend Yield 0%
52W Low ₹ 42.3
Veekayem Fashion and Apparels Limited, incorporated in 1985, is a Mumbai-based textile company specializing in weaving and garment manufacturing. It creates unique designs for various brands in India and abroad, offering a range of readymade garments for men and women.The promoters of Veekayem hold a significant stake, with 73.04% of the shareholding, reflecting their strong commitment to the company’s growth and governance. The public holds the remaining 26.96%, indicating a healthy interest and trust from retail and other investors.Veekayem’s clientele includes reputed brands and businesses, showcasing its capability to meet diverse customer needs with quality and innovation. The company’s management, led by experienced directors, steers Veekayem towards continued success. The company’s IPO was launched on August 5, 2022, with an issue of 15.84 lakh shares. The shares were listed on the NSE SME platform on August 22, 2022, at a price of ₹28 per share.
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₹ | |
| #(Fig in Cr.) |
|---|
| Net Sales |
| Other Income |
| Total Income |
| Total Expenditure |
| Operating Profit |
| Interest |
| Depreciation |
| Exceptional Income / Expenses |
| Profit Before Tax |
| Provision for Tax |
| Profit After Tax |
| Adjustments |
| Profit After Adjustments |
| Adjusted Earnings Per Share |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 114 | 132 | 150 | 163 | 175 | 166 | 203 | 216 | 77 | 149 | 235 | |
| Other Income | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total Income | 114 | 133 | 151 | 164 | 175 | 166 | 203 | 216 | 77 | 149 | 236 | |
| Total Expenditure | 111 | 125 | 142 | 156 | 166 | 156 | 193 | 205 | 67 | 139 | 222 | |
| Operating Profit | 3 | 8 | 8 | 8 | 9 | 10 | 11 | 10 | 10 | 10 | 14 | |
| Interest | 0 | 5 | 5 | 5 | 6 | 6 | 7 | 7 | 8 | 8 | 9 | |
| Depreciation | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit Before Tax | 1 | 1 | 2 | 1 | 2 | 2 | 3 | 2 | 1 | 2 | 3 | |
| Provision for Tax | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | -0 | 1 | |
| Profit After Tax | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 0 | 2 | 2 | |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Adjustments | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 0 | 2 | 2 | |
| Adjusted Earnings Per Share | 1.4 | 1.7 | 1.7 | 2.1 | 3 | 3.5 | 5.3 | 2.5 | 0.8 | 4.4 | 3.1 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 58% | 3% | 7% | 8% |
| Operating Profit CAGR | 40% | 12% | 7% | 17% |
| PAT CAGR | 0% | 26% | 15% | 7% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 387% | NA% | NA% | NA% |
| ROE Average | 5% | 4% | 5% | 5% |
| ROCE Average | 10% | 9% | 9% | 9% |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 20 | 21 | 22 | 22 | 24 | 25 | 28 | 29 | 29 | 31 | 37 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 6 | 5 | 7 | 5 | 10 | 8 | 7 | 2 | 9 | 8 | 10 |
| Other Non-Current Liabilities | 8 | 9 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 2 | 3 |
| Total Current Liabilities | 28 | 33 | 39 | 59 | 61 | 66 | 80 | 87 | 83 | 92 | 94 |
| Total Liabilities | 62 | 68 | 70 | 89 | 97 | 102 | 117 | 121 | 124 | 133 | 144 |
| Fixed Assets | 23 | 21 | 21 | 21 | 22 | 22 | 24 | 22 | 21 | 21 | 23 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 39 | 47 | 49 | 68 | 75 | 80 | 94 | 98 | 102 | 111 | 121 |
| Total Assets | 62 | 68 | 70 | 89 | 97 | 102 | 117 | 121 | 124 | 133 | 144 |
| #(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 |
| Cash Flow from Operating Activities | 0 | 0 | -9 | -1 | 3 | 2 | 5 | 5 | 4 | 6 | 0 |
| Cash Flow from Investing Activities | 0 | 0 | -2 | -1 | -2 | -2 | -3 | 0 | -0 | -1 | -3 |
| Cash Flow from Financing Activities | 0 | 0 | 11 | 3 | -1 | -1 | -2 | -5 | -2 | -6 | 3 |
| Net Cash Inflow / Outflow | 0 | 0 | 0 | 0 | 0 | -0 | -0 | 0 | 2 | -2 | -0 |
| Closing Cash & Cash Equivalent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 |
| # | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 1.4 | 1.74 | 1.75 | 2.12 | 2.97 | 3.48 | 5.28 | 2.54 | 0.82 | 4.39 | 3.08 |
| CEPS(Rs) | 7.28 | 6.72 | 4.71 | 5.07 | 5.72 | 6.39 | 8.3 | 5.78 | 3.84 | 7.37 | 5.5 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 46.93 | 48.78 | 50.28 | 52.4 | 55.38 | 58.86 | 64.14 | 66.87 | 67.69 | 72.19 | 63.36 |
| Core EBITDA Margin(%) | 2.88 | 5.53 | 5.15 | 4.63 | 5.25 | 6.03 | 5.22 | 4.74 | 12.42 | 6.62 | 5.6 |
| EBIT Margin(%) | 0.68 | 4.5 | 4.79 | 4.23 | 4.58 | 5.29 | 4.6 | 4.19 | 10.91 | 6.07 | 5.17 |
| Pre Tax Margin(%) | 0.68 | 0.74 | 1.13 | 0.89 | 1.09 | 1.46 | 1.32 | 0.73 | 0.66 | 1.03 | 1.33 |
| PAT Margin (%) | 0.52 | 0.56 | 0.5 | 0.56 | 0.73 | 0.9 | 1.12 | 0.51 | 0.46 | 1.27 | 0.77 |
| Cash Profit Margin (%) | 2.73 | 2.18 | 1.35 | 1.33 | 1.4 | 1.65 | 1.75 | 1.15 | 2.15 | 2.12 | 1.38 |
| ROA(%) | 0.98 | 1.14 | 1.09 | 1.15 | 1.38 | 1.51 | 2.07 | 0.92 | 0.29 | 1.47 | 1.31 |
| ROE(%) | 3.22 | 3.63 | 3.53 | 4.13 | 5.52 | 6.1 | 8.59 | 3.88 | 1.22 | 6.28 | 5.31 |
| ROCE(%) | 1.56 | 11.79 | 12.6 | 10.26 | 10.81 | 10.94 | 10.59 | 9.37 | 7.94 | 8.14 | 10.2 |
| Receivable days | 67.33 | 70.62 | 68.41 | 78.28 | 91.08 | 95.15 | 76.14 | 68.98 | 170.21 | 85.64 | 66.32 |
| Inventory Days | 50.61 | 45.72 | 46.13 | 49.91 | 54.4 | 70.36 | 75.09 | 84.85 | 262.37 | 150.93 | 100.41 |
| Payable days | 577.58 | 13.54 | 15.25 | 22.42 | 37.21 | 44.16 | 39.31 | 37.89 | 87.29 | 41.38 | 29.32 |
| PER(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.03 |
| Price/Book(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.63 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.3 | 0.26 | 0.3 | 0.33 | 0.32 | 0.38 | 0.34 | 0.35 | 1.09 | 0.58 | 0.48 |
| EV/Core EBITDA(x) | 10.28 | 4.26 | 5.35 | 6.54 | 6.18 | 6.31 | 6.45 | 7.32 | 8.61 | 8.3 | 8.25 |
| Net Sales Growth(%) | 23 | 15.74 | 13.05 | 8.97 | 7.36 | -5.08 | 22.14 | 6.09 | -64.48 | 94.63 | 57.78 |
| EBIT Growth(%) | 54.06 | 668.6 | 20.42 | -3.75 | 16.15 | 9.69 | 6.06 | -3.36 | -7.39 | 8.32 | 34.33 |
| PAT Growth(%) | 46.79 | 24.24 | 0.66 | 21.51 | 40.16 | 17.12 | 51.59 | -51.86 | -67.69 | 434.87 | -4 |
| EPS Growth(%) | 38.24 | 24.24 | 0.66 | 21.51 | 40.16 | 17.12 | 51.59 | -51.86 | -67.69 | 434.86 | -29.88 |
| Debt/Equity(x) | 1.48 | 1.45 | 1.91 | 2.2 | 2.22 | 2.35 | 2.34 | 2.51 | 2.78 | 2.63 | 2.38 |
| Current Ratio(x) | 1.41 | 1.4 | 1.24 | 1.14 | 1.22 | 1.21 | 1.17 | 1.13 | 1.23 | 1.21 | 1.28 |
| Quick Ratio(x) | 0.85 | 0.88 | 0.72 | 0.73 | 0.76 | 0.66 | 0.58 | 0.52 | 0.54 | 0.49 | 0.61 |
| Interest Cover(x) | 0 | 1.2 | 1.31 | 1.27 | 1.31 | 1.38 | 1.4 | 1.21 | 1.06 | 1.2 | 1.35 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.76 |
| # | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 |
|---|---|---|---|---|
| Promoter | 73.04 | 73.04 | 73.04 | 73.04 |
| FII | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0.37 |
| Public | 26.96 | 26.96 | 26.96 | 26.58 |
| Others | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 |
| # | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 |
|---|---|---|---|---|
| Promoter | 0.43 | 0.43 | 0.43 | 0.43 |
| FII | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 |
| Public | 0.16 | 0.16 | 0.16 | 0.16 |
| Others | 0 | 0 | 0 | 0 |
| Total | 0.59 | 0.59 | 0.59 | 0.59 |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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