Aarvee Denims and Exports
Market Cap
₹184.9m
Last Updated
2020/04/07 13:03 UTC
Data Sources
Company Financials
Executive Summary
Aarvee Denims and Exports Limited manufactures and sells fabrics in India and internationally.
Snowflake Analysis
Imperfect balance sheet and overvalued.
Similar Companies
Share Price & News
How has Aarvee Denims and Exports's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AARVEEDEN's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
1.9%
AARVEEDEN
-2.4%
IN Luxury
-1.1%
IN Market
1 Year Return
-65.2%
AARVEEDEN
-28.4%
IN Luxury
-31.7%
IN Market
Return vs Industry: AARVEEDEN underperformed the Indian Luxury industry which returned -28.4% over the past year.
Return vs Market: AARVEEDEN underperformed the Indian Market which returned -31.7% over the past year.
Shareholder returns
| AARVEEDEN | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.9% | -2.4% | -1.1% |
| 30 Day | -32.2% | -28.3% | -25.1% |
| 90 Day | -41.9% | -27.9% | -30.6% |
| 1 Year | -65.2%-65.2% | -27.8%-28.4% | -30.3%-31.7% |
| 3 Year | -88.8%-88.8% | -4.4%-6.7% | -20.1%-24.4% |
| 5 Year | -82.3%-82.3% | 31.7%26.9% | -11.0%-15.7% |
Price Volatility Vs. Market
How volatile is Aarvee Denims and Exports's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Aarvee Denims and Exports (NSE:AARVEEDEN) Use Of Debt Could Be Considered Risky5 months ago | Simply Wall St
Do Directors Own Aarvee Denims and Exports Limited (NSE:AARVEEDEN) Shares?8 months ago | Simply Wall St
A Look At The Intrinsic Value Of Aarvee Denims and Exports Limited (NSE:AARVEEDEN)Valuation
Is Aarvee Denims and Exports undervalued compared to its fair value and its price relative to the market?
0.083x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: AARVEEDEN (₹8.1) is trading above our estimate of fair value (₹0.52)
Significantly Below Fair Value: AARVEEDEN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AARVEEDEN is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: AARVEEDEN is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AARVEEDEN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AARVEEDEN is good value based on its PB Ratio (0.1x) compared to the IN Luxury industry average (0.4x).
Next Steps
Future Growth
How is Aarvee Denims and Exports forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.7%
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Aarvee Denims and Exports has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of AARVEEDEN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Aarvee Denims and Exports competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Aarvee Denims and Exports performed over the past 5 years?
-58.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AARVEEDEN is currently unprofitable.
Growing Profit Margin: AARVEEDEN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AARVEEDEN is unprofitable, and losses have increased over the past 5 years at a rate of -58.3% per year.
Accelerating Growth: Unable to compare AARVEEDEN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AARVEEDEN is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (7.5%).
Return on Equity
High ROE: AARVEEDEN has a negative Return on Equity (-21.34%), as it is currently unprofitable.
Next Steps
Financial Health
How is Aarvee Denims and Exports's financial position?
Financial Position Analysis
Short Term Liabilities: AARVEEDEN's short term assets (₹5.3B) exceed its short term liabilities (₹5.1B).
Long Term Liabilities: AARVEEDEN's short term assets (₹5.3B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: AARVEEDEN's debt to equity ratio (177.6%) is considered high.
Reducing Debt: AARVEEDEN's debt to equity ratio has increased from 131.7% to 177.6% over the past 5 years.
Debt Coverage: AARVEEDEN's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: AARVEEDEN is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Aarvee Denims and Exports's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AARVEEDEN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AARVEEDEN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AARVEEDEN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AARVEEDEN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AARVEEDEN is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AARVEEDEN's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.0yrs
Average management tenure
CEO
Vinodkumar Arora (68yo)
no data
Tenure
₹3,600,000
Compensation
Mr. Vinodkumar P. Arora has been the Chairman and Managing Director at Aarvee Denims & Exports Ltd. since October 1, 2005 and serves as its Executive Director. He is a Commerce Graduate.
CEO Compensation Analysis
Compensation vs Market: Vinodkumar's total compensation ($USD47.37K) is about average for companies of similar size in the Indian market ($USD47.67K).
Compensation vs Earnings: Vinodkumar's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | no data | ₹3.60m | 0.85% ₹1.6m | |
| MD & Executive Director | 32.08yrs | ₹3.00m | 1.08% ₹2.0m | |
| Whole Time Director | 10.25yrs | ₹1.80m | 3.36% ₹6.2m | |
| Whole Time Director | 1.67yrs | ₹2.00m | 0.61% ₹1.1m | |
| Chief Financial Officer | 0.25yr | no data | no data | |
| Company Secretary & Compliance Officer | 0.58yr | no data | no data | |
| Vice President of Marketing | 8.5yrs | ₹1.20m | 0.56% ₹1.0m | |
| Executive | no data | no data | no data |
3.0yrs
Average Tenure
61yo
Average Age
Experienced Management: AARVEEDEN's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | no data | ₹3.60m | 0.85% ₹1.6m | |
| MD & Executive Director | 32.08yrs | ₹3.00m | 1.08% ₹2.0m | |
| Whole Time Director | 10.25yrs | ₹1.80m | 3.36% ₹6.2m | |
| Whole Time Director | 1.67yrs | ₹2.00m | 0.61% ₹1.1m | |
| Independent Non-Executive Director | 24.42yrs | ₹35.00k | no data | |
| Independent Non-Executive Director | 16.42yrs | ₹45.00k | no data | |
| Independent Non-Executive Director | 16.08yrs | ₹45.00k | 0.0056% ₹10.4k | |
| Non-Executive Director | 27.67yrs | no data | 4.57% ₹8.5m | |
| Independent Additional Director | 0.42yr | no data | no data |
16.1yrs
Average Tenure
62yo
Average Age
Experienced Board: AARVEEDEN's board of directors are seasoned and experienced ( 16.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.
Top Shareholders
Company Information
Aarvee Denims and Exports Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Aarvee Denims and Exports Limited
- Ticker: AARVEEDEN
- Exchange: NSEI
- Founded: 1988
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹184.863m
- Shares outstanding: 23.46m
- Website: https://www.aarveedenims.com
Number of Employees
Location
- Aarvee Denims and Exports Limited
- 188/2, Ranipur Village
- Opp. CNI Church
- Ahmedabad
- Gujarat
- 382405
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 514274 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jan 2005 |
| AARVEEDEN | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jan 2005 |
Biography
Aarvee Denims and Exports Limited manufactures and sells fabrics in India and internationally. It operates through two segments, Textile and Windmill. The company offers cotton fibers; cotton and texturized yarns; ring, shirting, printed, stretch, satin, flat finish special blend, and LYCRA denims; and non-denim fabrics. It is also involved in the wind power generation activities. The company was founded in 1988 and is headquartered in Ahmedabad, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/07 13:03 |
| End of Day Share Price | 2020/04/07 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.