BSE: 0 | NSE: CBAZAAR | e-Commerce | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Net Avenue Technologies Ltd is a below average quality company.
The key valuation ratios of Net Avenue Technologies Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Net Avenue Technologies 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'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3,430.5% | 102.5% | -18.7% | - |
| Value Creation Index ⓘ | NA | NA | NA | NA | NA | NA | NA | 244.0 | 6.3 | -2.3 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 13.8 | 31.2 | 33.4 | 26.2 | 26 |
| Sales YoY Gr. | - | NA | NA | NA | NA | NA | NA | 126.3% | 7.1% | -21.7% | - |
| Adj EPS ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 3.3 | 2.2 | -0.8 | -0.8 |
| YoY Gr. | - | NA | NA | NA | NA | NA | NA | 1224% | -33.2% | -135.8% | - |
| BVPS (₹) ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | -5.4 | -1.9 | 0.3 | 4.3 | 4.3 |
| Adj Net Profit ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 2.8 | 1.9 | -1.7 | -2 |
| Cash Flow from Ops. ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | -0.8 | 2.8 | -2.4 | -1.7 | - |
| Debt/CF from Ops. ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | -2.5 | 0.3 | -1.2 | -0.8 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 23.8% | -21.7% | ||||
| Adj EPS ⓘ | NA | NA | -246.7% | -135.8% | ||||
| BVPSⓘ | NA | NA | NA | 1446.4% | ||||
| Share Price | - | - | - | -55.7% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | -7.6 | -220.4 | 156.5 | -27.5 | -18.5 |
| Op. Profit Mgn % ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | -0.8 | 8.2 | 6.5 | -8.2 | NAN |
| Net Profit Mgn % ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 1.5 | 8.9 | 5.6 | -6.5 | -6.6 |
| Debt to Equity ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | -0.4 | -0.6 | 8.3 | 0.2 | - |
| Working Cap Days ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 337 | 248 | 226 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10 | 25 | 42 | 0 |
Sales growth is growing at healthy rate in last 3 years 23.81%
Debt to equity has declined versus last 3 years average to 0.15
Return on Equity is Poor
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -0.8 | -0.7 |
| TTM Sales (₹ Cr.) | 26.2 | 26.2 |
| BVPS (₹.) ⓘ | 4.3 | 4.5 |
| Reserves (₹ Cr.) ⓘ | 7 | 7 |
| P/BV ⓘ | 3.18 | 3.09 |
| PE ⓘ | 0.00 | 0.00 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 29.5 |
| Equity (₹ Cr.) | 2.2 |
| Face Value (₹) | 1 |
| Industry PE ⓘ | 146.6 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 13.80 | 31.23 | 33.44 | 26.19 |
| Operating Expenses ⓘ | 13.91 | 28.66 | 31.26 | 28.38 |
| Manufacturing Costs | 1.58 | 3.23 | 4.10 | 3.49 |
| Material Costs | 5.41 | 8.58 | 10.01 | 5.77 |
| Employee Cost | 2.86 | 4.09 | 4.87 | 5.39 |
| Other Costs ⓘ | 4.06 | 12.76 | 12.27 | 13.73 |
| Operating Profit ⓘ | -0.11 | 2.57 | 2.18 | -2.19 |
| Operating Profit Margin (%) | -0.8% | 8.2% | 6.5% | -8.4% |
| Other Income ⓘ | 0.71 | 1.53 | 1.05 | 0.79 |
| Interest ⓘ | 0.56 | 1.10 | 1.21 | 0.18 |
| Depreciation ⓘ | 0.04 | 0.10 | 0.17 | 0.14 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0 | 2.89 | 1.85 | -1.72 |
| Tax ⓘ | -0.26 | 0.10 | -0.01 | 0 |
| Profit After Tax | 0.26 | 2.80 | 1.86 | -1.72 |
| PAT Margin (%) | 1.9% | 9.0% | 5.6% | -6.6% |
| Adjusted EPS (₹) | 0.3 | 3.3 | 2.2 | -0.8 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | -4.45 | -1.52 | 0.33 | 9.27 | ||||||
| Share Capital ⓘ | 0.22 | 0.22 | 0.22 | 2.14 | ||||||
| Reserves ⓘ | -4.67 | -1.74 | 0.11 | 7.12 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 1.91 | 0.84 | 2.76 | 1.38 | ||||||
| Long Term Debt | 0 | 0 | 0 | 0 | ||||||
| Short Term Debt | 1.91 | 0.84 | 2.76 | 1.38 | ||||||
| Trade Payables | 4.11 | 5.20 | 4.54 | 3.15 | ||||||
| Others Liabilities ⓘ | 32.29 | 23.51 | 14.97 | 6.55 | ||||||
| Total Liabilities ⓘ | 33.86 | 28.03 | 22.60 | 20.35 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 2.26 | 2.48 | 2.81 | 2.86 | ||||||
| Accumulated Depreciation | 2.10 | 2.20 | 2.37 | 2.51 | ||||||
| Net Fixed Assetsⓘ | 0.16 | 0.28 | 0.44 | 0.35 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | ||||||
| Investmentsⓘ | 0 | 0 | 0 | 5.22 | ||||||
| Inventories | 2.69 | 5.68 | 7.23 | 5.51 | ||||||
| Trade Receivables | 0.71 | 0.57 | 1.28 | 0.37 | ||||||
| Cash Equivalents | 1.12 | 2.67 | 1.84 | 2.67 | ||||||
| Others Assetsⓘ | 29.18 | 18.82 | 11.82 | 6.23 | ||||||
| Total Assets ⓘ | 33.86 | 28.03 | 22.60 | 20.35 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -0.78 | 2.82 | -2.40 | -1.70 |
| PBT ⓘ | 0 | 2.89 | 1.85 | -1.72 |
| Adjustment ⓘ | 0.25 | 0.14 | 0.32 | 2.43 |
| Changes in Working Capital ⓘ | -1.02 | -0.22 | -4.47 | -2.41 |
| Tax Paid ⓘ | 0 | 0 | -0.10 | 0 |
| Cash Flow From Investing Activity ⓘ | 0.03 | -0.17 | -0.28 | -5.58 |
| Capex | -0.02 | -0.22 | -0.33 | -0.04 |
| Net Investments | 0 | 0 | 0 | -5.68 |
| Others ⓘ | 0.05 | 0.05 | 0.06 | 0.14 |
| Cash Flow From Financing Activityⓘ | 1.33 | -1.11 | 1.85 | 7.63 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 9.18 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | -0.07 | -0.04 | -0.07 | -0.17 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 1.40 | -1.07 | 1.92 | -1.38 |
| Net Cash Flow ⓘ | 0.58 | 1.54 | -0.83 | 0.34 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | N/A | N/A | 0 | -36.32 | ||||||
| ROCE (%) | N/A | N/A | 102.48 | -18.68 | ||||||
| Asset Turnover Ratio | 0.41 | 1.01 | 1.32 | 1.22 | ||||||
| PAT to CFO Conversion(x) | -3 | 1.01 | -1.29 | N/A | Working Capital Days | |||||
| Receivable Days | 19 | 8 | 10 | 12 | ||||||
| Inventory Days | 71 | 49 | 70 | 89 | ||||||
| Payable Days | 277 | 198 | 178 | 244 | ||||||
Net Avenue Technologies was originally incorporated on June 07, 2001 as ‘Net Avenue Technologies Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Tamil Nadu. Subsequently the company was converted into Public Limited Company and name of company was changed from ‘Net Avenue Technologies Private Limited’ to ‘Net Avenue Technologies Limited’ vide fresh certificate of incorporation dated September 22, 2023 issued by the Registrar of Companies, Chennai.
Net Avenue Technologies is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories. The company also has presence in International cross-border e-commerce direct-to-consumer for its products. Its product range includes Indian ethnic wear and accessories for women, men, teens and kids. The company’s core business is to sell Indian Ethnic wear and accessories, primarily catering to the South Asian Diaspora, a segment it reaches through its website and mobile applications. Furthermore, the company extends its reach by distributing its products through various prominent Ecommerce platforms, including but not limited to Myntra, Nykaa, and Ajio, among others.
The company has crafted its business foundation through iterative innovation to enhance consumer satisfaction and optimise purchasing behaviour. The company acknowledges that the consumer's path to product selection often involves a substantial amount of time dedicated to exploration. Consequently, the company is committed to gaining insights into the decision-making process and providing support at crucial junctures throughout a consumer's journey on its platform. To this end, it has strategically integrated across multiple touchpoints, enabling it to engage consumers and curate personalised browsing and purchasing experiences that cater to the diverse needs of its valued customers.
Business area of the company
The company is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories. The company also has presence in International cross-border e-commerce direct-to-consumer for its products. Its product range includes Indian ethnic wear and accessories for women, men, teens and kids.
Products of the company
History and milestones
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
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.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
