NSEI:BRFL

Stock Analysis Report

Executive Summary

Bombay Rayon Fashions Limited, an integrated textile company, manufactures and sells yarn, fabrics, and garments.


Snowflake Analysis

Fair value with worrying balance sheet.


Similar Companies

Share Price & News

How has Bombay Rayon Fashions's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BRFL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.2%

BRFL

-0.5%

IN Luxury

-1.5%

IN Market


1 Year Return

-49.7%

BRFL

18.2%

IN Luxury

10.7%

IN Market

Return vs Industry: BRFL underperformed the Indian Luxury industry which returned 18.2% over the past year.

Return vs Market: BRFL underperformed the Indian Market which returned 10.7% over the past year.


Shareholder returns

BRFLIndustryMarket
7 Day-1.2%-0.5%-1.5%
30 Day-1.2%3.0%-2.7%
90 Day1.3%9.2%1.3%
1 Year-49.7%-49.7%19.0%18.2%12.7%10.7%
3 Year-97.5%-97.5%52.2%48.8%22.0%15.1%
5 Year-97.2%-97.2%106.9%100.1%34.5%22.0%

Price Volatility Vs. Market

How volatile is Bombay Rayon Fashions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bombay Rayon Fashions undervalued compared to its fair value and its price relative to the market?

42.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BRFL (₹4.05) is trading below our estimate of fair value (₹7)

Significantly Below Fair Value: BRFL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BRFL is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: BRFL 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 BRFL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BRFL is good value based on its PB Ratio (0.1x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Bombay Rayon Fashions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.9%

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 Bombay Rayon Fashions 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

Past Performance

How has Bombay Rayon Fashions performed over the past 5 years?

-53.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRFL is currently unprofitable.

Growing Profit Margin: BRFL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BRFL is unprofitable, and losses have increased over the past 5 years at a rate of -53.3% per year.

Accelerating Growth: Unable to compare BRFL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BRFL is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (5.6%).


Return on Equity

High ROE: BRFL has a negative Return on Equity (-119.91%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Bombay Rayon Fashions's financial position?


Financial Position Analysis

Short Term Liabilities: BRFL's short term assets (₹30.2B) do not cover its short term liabilities (₹43.9B).

Long Term Liabilities: BRFL's short term assets (₹30.2B) exceed its long term liabilities (₹10.4B).


Debt to Equity History and Analysis

Debt Level: BRFL's debt to equity ratio (276.7%) is considered high.

Reducing Debt: BRFL's debt to equity ratio has increased from 208.5% to 276.7% over the past 5 years.


Balance Sheet

Inventory Level: BRFL has a high level of physical assets or inventory.

Debt Coverage by Assets: BRFL's debt is not covered by short term assets (assets are 0.6x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if BRFL has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BRFL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Bombay Rayon Fashions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BRFL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BRFL'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 BRFL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BRFL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BRFL is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BRFL'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?

3.7yrs

Average board tenure


CEO

Prashant Agrawal (45yo)

₹24,500,000

Compensation

Mr. Prashant Janardan Agrawal, B.Tech Chemical, M.S.-Chemical Engineering & Petr, has been Managing Director and Executive Director at STI India Limited since November 25, 2010 and serves as its Chief Exec ...


CEO Compensation Analysis

Compensation vs Market: Prashant's total compensation ($USD342.37K) is above average for companies of similar size in the Indian market ($USD50.34K).

Compensation vs Earnings: Prashant's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Prashant Agrawal
MD & Executive Non-Independent Director0yrs₹24.50m1.44% 18.3m
Anand Mundra
Executive Director of Finance3.7yrs₹4.90mno data
Prachi Deshpande
Director of Secretarial & Corporate Affairs3.7yrs₹2.80m0.000020% 254.0
John Mathew
Non-Executive Independent Director4.8yrs₹220.00kno data
Aman Agrawal
Chairman1.8yrs₹24.50m1.05% 13.4m
Suresh Vishwasrao
Non-Executive Independent Director10.9yrs₹220.00kno data
Vishal Sharma
Additional Independent & Non-Executive Director0.2yrsno datano data
Jasmeet Bhasin
Additional Independent & Non-Executive Director0.2yrsno datano data

3.7yrs

Average Tenure

52yo

Average Age

Experienced Board: BRFL's board of directors are considered experienced (3.7 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.3%.


Top Shareholders

Company Information

Bombay Rayon Fashions Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bombay Rayon Fashions Limited
  • Ticker: BRFL
  • Exchange: NSEI
  • Founded: 1986
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹1.270b
  • Shares outstanding: 317.48m
  • Website: https://www.bombayrayon.com

Location

  • Bombay Rayon Fashions Limited
  • DLH Mangal Murti
  • 3rd floor
  • Mumbai
  • Maharashtra
  • 400054
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532678BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2005
BRFLNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2005

Biography

Bombay Rayon Fashions Limited, an integrated textile company, manufactures and sells yarn, fabrics, and garments. The company also manufactures apparel; and polyester buttons for shirts, coats, outer wear, and trousers, as well as fancy buttons. In addition, it engages in the wholesale, marketing, and distribution of clothing products. Bombay Rayon Fashions Limited also exports its products. The company was founded in 1986 and is headquartered in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 13:09
End of Day Share Price2020/02/19 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.