BSE: 0 | NSE: AVIANSH | Textile |
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Avi Ansh Textile Ltd is a below average quality company.
The key valuation ratios of Avi Ansh Textile Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Avi Ansh Textile Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 5.7% | 8.4% | 4.9% | 12.8% | - |
| Value Creation Index ⓘ | -0.6 | -0.4 | -0.7 | -0.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 72.6 | 120 | 121 | 141 | 141 |
| Sales YoY Gr. | - | 64.7% | 1% | 17.1% | - |
| Adj EPS ⓘ | 0.7 | 1.6 | 0.3 | 33.9 | 2.4 |
| YoY Gr. | - | 130% | -79.5% | 10172.7% | - |
| BVPS (₹) ⓘ | 11 | 12.6 | 12.8 | 162.2 | 30 |
| Adj Net Profit ⓘ | 0.7 | 1.6 | 0.3 | 3.3 | 3 |
| Cash Flow from Ops. ⓘ | 7.3 | 7.7 | 2.7 | -12.5 | - |
| Debt/CF from Ops. ⓘ | 4.7 | 3.5 | 11.8 | -3.6 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 24.9% | 17.1% | ||||
| Adj EPS ⓘ | NA | NA | 264.5% | 10172.7% | ||||
| BVPSⓘ | NA | NA | 145.2% | 1163.3% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 6.3 | 13.6 | 2.6 | 23.3 | 2.5 |
| Op. Profit Mgn % ⓘ | 7.6 | 4.7 | 3.2 | 6.3 | NAN |
| Net Profit Mgn % ⓘ | 0.9 | 1.3 | 0.3 | 2.4 | 2.3 |
| Debt to Equity ⓘ | 3.1 | 2.2 | 2.5 | 2.8 | - |
| Working Cap Days ⓘ | 0 | 67 | 66 | 85 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 52 | 51 | 71 | 0 |
Sales growth is growing at healthy rate in last 3 years 24.90%
Net Profit is growing at healthy rate in last 3 years 264.50%
Debt to equity has declined versus last 3 years average to 2.82
Return on Equity has declined versus last 3 years average to 2.50%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 2.4 | - |
| TTM Sales (₹ Cr.) | 141 | - |
| BVPS (₹.) ⓘ | 30 | - |
| Reserves (₹ Cr.) ⓘ | 28 | - |
| P/BV ⓘ | 2.61 | - |
| PE ⓘ | 33.03 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 109 |
| Equity (₹ Cr.) | 14 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 26.8 |
| Pledged * | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 73 | 120 | 121 | 141 |
| Operating Expenses ⓘ | 67 | 114 | 117 | 133 |
| Manufacturing Costs | 9 | 11 | 10 | 16 |
| Material Costs | 52 | 93 | 96 | 104 |
| Employee Cost | 3 | 5 | 6 | 8 |
| Other Costs ⓘ | 3 | 5 | 4 | 5 |
| Operating Profit ⓘ | 6 | 6 | 4 | 9 |
| Operating Profit Margin (%) | 7.6% | 4.6% | 3.1% | 6.3% |
| Other Income ⓘ | 0 | 1 | 1 | 1 |
| Interest ⓘ | 2 | 1 | 2 | 2 |
| Depreciation ⓘ | 3 | 3 | 3 | 3 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 1 | 2 | 0 | 4 |
| Tax ⓘ | 0 | 1 | 0 | 1 |
| Profit After Tax | 1 | 2 | 0 | 3 |
| PAT Margin (%) | 0.9% | 1.3% | 0.2% | 2.3% |
| Adjusted EPS (₹) | 0.7 | 1.6 | 0.3 | 33.9 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 11 | 12 | 13 | 16 | ||||||
| Share Capital ⓘ | 10 | 10 | 10 | 10 | ||||||
| Reserves ⓘ | 1 | 3 | 3 | 6 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 34 | 27 | 32 | 45 | ||||||
| Long Term Debt | 13 | 15 | 14 | 15 | ||||||
| Short Term Debt | 20 | 12 | 18 | 30 | ||||||
| Trade Payables | 1 | 2 | 0 | 2 | ||||||
| Others Liabilities ⓘ | 2 | 2 | 2 | 3 | ||||||
| Total Liabilities ⓘ | 47 | 43 | 47 | 65 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 36 | 37 | 39 | 47 | ||||||
| Accumulated Depreciation | 19 | 21 | 24 | 27 | ||||||
| Net Fixed Assetsⓘ | 18 | 16 | 15 | 20 | ||||||
| CWIP ⓘ | 0 | 1 | 4 | 0 | ||||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | ||||||
| Inventories | 12 | 14 | 13 | 28 | ||||||
| Trade Receivables | 7 | 4 | 5 | 12 | ||||||
| Cash Equivalents | 8 | 5 | 6 | 1 | ||||||
| Others Assetsⓘ | 3 | 4 | 4 | 5 | ||||||
| Total Assets ⓘ | 47 | 43 | 47 | 65 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 7 | 8 | 3 | -12 |
| PBT ⓘ | 1 | 2 | 0 | 3 |
| Adjustment ⓘ | 5 | 4 | 4 | 5 |
| Changes in Working Capital ⓘ | 1 | 2 | -1 | -20 |
| Tax Paid ⓘ | 0 | 0 | -1 | 0 |
| Cash Flow From Investing Activity ⓘ | 0 | -2 | -5 | -3 |
| Capex | 0 | -2 | -5 | -4 |
| Net Investments | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 1 | -8 | 4 | 11 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 2 | 1 | -1 | 0 |
| Interest Paid ⓘ | -2 | -1 | -2 | -2 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 1 | -9 | 6 | 12 |
| Net Cash Flow ⓘ | 7 | -3 | 2 | -5 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 6.34 | 13.49 | 2.31 | 23.3 | ||||||
| ROCE (%) | 5.7 | 8.38 | 4.85 | 12.75 | ||||||
| Asset Turnover Ratio | 1.87 | 2.65 | 2.68 | 2.53 | ||||||
| PAT to CFO Conversion(x) | 7 | 4 | N/A | -4 | Working Capital Days | |||||
| Receivable Days | 30 | 17 | 13 | 21 | ||||||
| Inventory Days | 50 | 39 | 41 | 53 | ||||||
| Payable Days | 6 | 6 | 5 | 4 | ||||||
Avi Ansh Textile Limited was originally incorporated as Rajneesh Spinners Private Limited on April 27, 2005 as a Private Limited Company under Companies Act, 1956 with the Registrar of Companies Punjab, H.P. & Chandigarh. Subsequently, pursuant to a special Resolution of its Shareholders passed in the Extra-Ordinary General Meeting held on November 28, 2013, the name of the company was changed to ‘Avi Ansh Textile Private Limited’ and a fresh certificate of Incorporation dated December 16, 2013 with the Registrar of Companies, Delhi. In 2023, pursuant to a special Resolution of its Shareholders passed in the Extra-Ordinary General Meeting held on November 30, 2023, the company was converted from a private limited company to a public limited company and consequently, the name of the company was changed to ‘Avi Ansh Textile Limited’ and a fresh certificate of Incorporation dated January 3, 2024 by the Registrar of Companies, Delhi.
Avi Ansh Textile has been operating in the yarn sector since 2005. By 2012, it had established a presence as a manufacturer and exporter of 100% cotton yarn, including combed and carded cotton yarn in various counts. Its unwavering commitment to quality and adherence to international standards have garnered trust from both domestic and international buyers. Branded as Pooja Gold, its yarn reflects meticulous craftsmanship, offering unparalleled softness, strength, and versatility. Additionally, it has vertically integrated into the knitting division, producing superior quality fabrics in dyed and greige variants, delivered within promised timelines.
The company holds ISO 14001:2015 and ISO 9001:2015 certifications, demonstrating its commitment to environmental management and quality assurance. Avi Ansh Group is a textile company that operates in the domestic as well as global market. The company manufactures and supplies a range of Yarns and Fabrics to meet customer needs. It utilizes technology and human resources to achieve its goals. The company has installed heavy machines of German and European technology in their manufacturing units as well as adequate labour is employed to maintain 24-hour non-stop production at the unit. The company is focused on continuous updation of machines as per the latest technology and adopts a sustainable business strategy for its organization.
Business area of the company
The company is engaged in the business of manufacturing and trading of cotton yarn and Fabrics.
Products of the company
History and milestones
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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