Net Avenue Technologies Ltd
Incorporated in 1998, Net Avenue Technologies Limited is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories.[1]
- Market Cap ₹ 34.2 Cr.
- Current Price ₹ 16.0
- High / Low ₹ 42.0 / 15.5
- Stock P/E
- Book Value ₹ 4.74
- Dividend Yield 0.00 %
- ROCE -32.6 %
- ROE -91.0 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 33.3%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: E-Commerce/App based Aggregator Industry: Trading
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 19.80 | 13.80 | 31.23 | 33.44 | 26.19 | |
| 19.40 | 13.91 | 28.66 | 33.05 | 28.39 | |
| Operating Profit | 0.40 | -0.11 | 2.57 | 0.39 | -2.20 |
| OPM % | 2.02% | -0.80% | 8.23% | 1.17% | -8.40% |
| 0.79 | 0.71 | 1.48 | 2.86 | 0.79 | |
| Interest | 0.72 | 0.56 | 1.10 | 1.21 | 0.17 |
| Depreciation | 0.07 | 0.04 | 0.10 | 0.17 | 0.14 |
| Profit before tax | 0.40 | 0.00 | 2.85 | 1.87 | -1.72 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | |
| 0.40 | 0.00 | 2.85 | 1.87 | -1.72 | |
| EPS in Rs | 3.23 | 0.00 | 23.01 | 15.10 | -0.80 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 24% |
| TTM: | -22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -192% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -91% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.12 | 0.12 | 0.12 | 0.12 | 2.14 |
| Reserves | -3.29 | -3.19 | -0.25 | 1.77 | 8.02 |
| 0.51 | 2.01 | 0.94 | 2.87 | 1.38 | |
| 35.42 | 35.98 | 29.95 | 18.98 | 8.81 | |
| Total Liabilities | 32.76 | 34.92 | 30.76 | 23.74 | 20.35 |
| 0.19 | 0.16 | 0.28 | 0.44 | 0.35 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 5.22 |
| 32.57 | 34.76 | 30.48 | 23.30 | 14.78 | |
| Total Assets | 32.76 | 34.92 | 30.76 | 23.74 | 20.35 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 0.03 | -0.78 | 1.70 | -0.53 | -1.70 | |
| -0.06 | -0.50 | -0.77 | -0.34 | -5.58 | |
| -0.01 | 1.33 | -0.04 | -0.07 | 7.63 | |
| Net Cash Flow | -0.04 | 0.06 | 0.89 | -0.94 | 0.34 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 31.52 | 18.78 | 6.66 | 13.97 | |
| Inventory Days | 148.12 | 253.68 | 359.90 | 256.55 | |
| Days Payable | 206.30 | 277.29 | 221.21 | 140.67 | |
| Cash Conversion Cycle | -26.67 | -4.83 | 145.34 | 129.85 | |
| Working Capital Days | -59.17 | -52.11 | -2.57 | 28.71 | |
| ROCE % | 110.59% |
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
27 June 2024 - Avenue Technologies Limited has informed about
-
Analysts/Institutional Investor Meet/Con. Call Updates
21 June 2024 - Avenue Technologies Limited has informed about Schedule of meet
-
Updates
3 June 2024 - Avenue Technologies Limited has informed regarding ''.
-
Updates
25 May 2024 - Avenue Technologies Limited has informed regarding 'Profile of the auditors'.
-
Statement of deviation(s) or variation(s) under Reg. 32
25 May 2024 - Avenue Technologies Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
Annual reports
No data available.
Business Profile[1] Net Avenue Technologies started out as a gifting portal - chennaibazaar.com, one of the first Indian gifting portals, offering gifting solutions to Indians living abroad. The company subsequently diversified its offerings and launched cbazaar.com and ethnovog.com providing Indian ethnic clothes and jewellery.