Net Avenue Technologies Ltd
Incorporated in 2001, Net Avenue Technologies Ltd is in the business
of selling Indian designer clothes and accessories online[1]
- Market Cap ₹ 29.2 Cr.
- Current Price ₹ 13.6
- High / Low ₹ 34.8 / 12.6
- Stock P/E
- Book Value ₹ 3.88
- Dividend Yield 0.00 %
- ROCE -13.3 %
- ROE -33.5 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 33.3%
- Company's cost of borrowing seems high
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 13.80 | 31.23 | 33.44 | 26.19 | 27.03 | |
| 14.00 | 29.12 | 33.54 | 27.87 | 32.05 | |
| Operating Profit | -0.20 | 2.11 | -0.10 | -1.68 | -5.02 |
| OPM % | -1.45% | 6.76% | -0.30% | -6.41% | -18.57% |
| 0.68 | 1.53 | 2.89 | 1.22 | 0.83 | |
| Interest | 0.47 | 0.82 | 0.84 | 0.98 | 0.12 |
| Depreciation | 0.04 | 0.10 | 0.17 | 0.14 | 0.12 |
| Profit before tax | -0.03 | 2.72 | 1.78 | -1.58 | -4.43 |
| Tax % | -866.67% | 3.68% | -0.00% | -0.00% | |
| 0.23 | 2.62 | 1.78 | -1.58 | -4.44 | |
| EPS in Rs | 1.86 | 21.16 | 14.37 | -0.74 | -2.06 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 24% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -2237% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -55% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -33% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.12 | 0.12 | 0.12 | 2.14 | 2.14 |
| Reserves | -2.51 | 0.20 | 1.92 | 8.31 | 6.18 |
| 2.01 | 0.94 | 2.87 | 1.38 | 1.19 | |
| 9.15 | 14.47 | 10.76 | 9.62 | 6.95 | |
| Total Liabilities | 8.77 | 15.73 | 15.67 | 21.45 | 16.46 |
| 0.16 | 0.28 | 0.44 | 0.35 | 0.32 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | -0.00 | -0.00 | -0.00 | 5.23 | 4.14 |
| 8.61 | 15.45 | 15.23 | 15.87 | 12.00 | |
| Total Assets | 8.77 | 15.73 | 15.67 | 21.45 | 16.46 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -0.70 | 3.17 | -0.76 | -1.40 | |
| 0.03 | -0.17 | -0.48 | -5.58 | |
| 1.33 | -1.11 | -0.07 | 7.63 | |
| Net Cash Flow | 0.66 | 1.90 | -1.32 | 0.65 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 18.78 | 6.78 | 13.97 | 5.16 |
| Inventory Days | 253.68 | 359.90 | 256.55 | 489.62 |
| Days Payable | 267.17 | 230.57 | 156.78 | 162.57 |
| Cash Conversion Cycle | 5.29 | 136.10 | 113.74 | 332.20 |
| Working Capital Days | -47.87 | -7.48 | 26.85 | 58.12 |
| ROCE % | 804.55% | 84.93% | -13.26% |
Documents
Announcements
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Statement of deviation(s) or variation(s) under Reg. 32
14 November 2024 - Avenue Technologies Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
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Outcome of Board Meeting
14 November 2024 - Avenue Technologies Limited has informed regarding Board meeting held on November 14, 2024.
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Financial Result Updates
14 November 2024 - Avenue Technologies Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Board Meeting Intimation
8 November 2024 - AVENUE TECHNOLOGIES LIMITED has informed about Board Meeting to be held on 14-Nov-2024 to consider and approve the Half Yearly Unaudited Financial results of the …
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Price movement
5 November 2024 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
Business Overview:[1][2]
a) NATL is in the business of selling Indian Ethnic wear primarily in South Asian through its websites cbazaar.com and ethnovog.com
b) Company directly sells to end consumer and gets orders from over 100 countries including the United States, United Kingdom, Australia, and Canada being the primary markets.
c) In the international market, 100% of company's orders are prepaid orders.
d) Company provides COD option only in India
e) Company's subsidiaries act as a commission and collecting agent for the holding company