MarketFriction

R&B Denims Ltd

NSE RNBDENIMS · BSE 538119 · Other Textile Products
₹9.03 -0.88%
NSE close2026-10-01
52 week range7.72 - 67.67
Market cap₹244 Cr.
P/E11.7
ESM Price band 5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales66.36107.50123.2178.3993.3595.2699.79102.61112.63113.03137.65119.33
Expenses57.3692.77109.6567.8982.3884.0187.6191.33100.64102.03131.60110.63
Operating Profit9.0014.7313.5610.5010.9711.2512.1811.2811.9911.006.058.70
OPM %13.56%13.70%11.01%13.39%11.75%11.81%12.21%10.99%10.65%9.73%4.40%7.29%
Other Income0.410.532.122.031.319.932.995.942.935.353.123.21
Interest1.562.420.141.761.823.320.592.061.851.681.691.70
Depreciation3.614.985.134.184.084.243.973.783.753.966.194.17
Profit before tax4.247.8610.416.596.3813.6210.6111.389.3210.711.296.04
Tax %16.27%25.32%28.63%22.15%27.27%25.84%28.28%27.77%23.50%22.60%13.18%27.48%
Net Profit3.565.867.425.134.6410.107.618.237.138.291.124.38
EPS in Rs0.170.280.270.190.170.370.280.300.260.310.040.16
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales244257182293263349367466483
Expenses221237157251228300322426445
Operating Profit232025423449454038
OPM %9%8%14%14%13%14%12%9%8%
Other Income001354161715
Interest766655777
Depreciation1097101217161818
Profit before tax7514292130373327
Tax %32%34%28%27%27%28%26%24%
Net Profit5410221522272521
EPS in Rs0.180.160.391.000.710.691.020.920.77
Dividend Payout %0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%21%21%23%
Compounded Profit Growth%18%13%-32%
Stock Price CAGR22%-2%-11%-77%
Return on Equity%16%13%10%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1414141414181818
Reserves2521295065144165182
Borrowings7170688652689474
Other Liabilities2441263323524082
Total Liabilities134145137184154282317356
Fixed Assets5246366169988295
CWIP001400074
Investments1111121538
Other Assets81988512184181214219
Total Assets134145137184154282317356
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity14616165924239
Cash from Investing Activity-32-11-19-17-20-40-13
Cash from Financing Activity-11-4-512-48-825-2
Net Cash Flow-03010-5-48-6
Free Cash Flow1135-3411917-17
CFO/OP70%41%70%48%188%62%72%47%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days4773737043716369
Inventory Days58504951367610480
Days Payable3036253119262223
Cash Conversion Cycle7587989060121145125
Working Capital Days9-13032611095881
ROCE %11%19%26%17%19%16%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters73.79%73.79%73.79%57.38%57.38%57.38%57.38%57.38%57.38%57.38%57.38%57.38%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.06%0.12%0.56%0.63%2.07%3.85%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.18%0.15%
Public26.22%26.22%26.22%42.62%42.61%42.60%42.55%42.49%42.06%41.98%40.37%38.60%
No. of Shareholders4,7514,2334,9554,5825,1545,3525,1444,9574,8685,33642,07237,761

Fundamentals

Market Cap₹ 244 Cr.
Current Price₹ 9.04
Stock P/E11.7
Book Value₹ 7.41
ROCE11.4 %
ROE9.90 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)23%
Compounded Profit Growth (TTM)-32%
Consolidated figures.
Valuation
Market capRs 244 Cr
Enterprise valueRs 308 Cr
P/E (TTM)11.66x
Price to book1.51x
Price to sales0.51x
EV / EBITDA5.88x
EV / EBIT8.99x
EV / sales0.64x
Price to cash flow10.00x
Earnings yield8.57%
P/E, 3-year average7.18x
P/B, 3-year average1.54x
P/E, 5-year average4.58x
P/B, 5-year average0.96x
Profitability
Operating margin (excl. other income)14.00%
Operating margin (incl. other income)15.00%
EBITDA margin10.85%
Pre-tax margin5.67%
Net profit margin4.33%
Net margin, latest quarter3.67%
ROE15.50%
ROCE19.78%
ROA8.58%
ROE, 3-year average25.18%
ROCE, 3-year average21.84%
ROA, 3-year average10.18%
ROE, 5-year average21.16%
ROCE, 5-year average18.94%
ROA, 5-year average7.76%
ROIC (approx.)10.99%
Tax rate27.58%
Other income / net worth2.17%
Growth
Sales growth (latest year)32.80%
Profit growth (latest year)25.44%
Sales CAGR, 3 years24.19%
Sales CAGR, 5 years7.38%
Profit CAGR, 3 years31.12%
Profit CAGR, 5 years36.95%
Sales growth QoQ-13.31%
Profit growth QoQ291.07%
Sales growth YoY (latest quarter)16.29%
Profit growth YoY (latest quarter)-46.78%
Per share
EPS (TTM)Rs 0.77
EPS (latest year)Rs 2.08
EPS (latest quarter)Rs 0.16
EPS, 3-year averageRs 2.41
EPS, 5-year averageRs 3.10
Book value per shareRs 5.99
Sales per shareRs 17.86
Cash flow per shareRs 0.90
Free cash flow per shareRs -0.63
Efficiency
Asset turnover1.24x
Fixed asset turnover3.55x
Inventory turnover5.07x
Inventory days72 days
Debtor days71 days
Debtors turnover5.12x
Creditor days23 days
Cash conversion cycle125 days
Working capital days81 days
Leverage
Total debtRs 68 Cr
Cash and bankRs 4 Cr
Net debtRs 64 Cr
Debt to equity0.42x
Net debt / EBITDA1.22x
Interest coverage4.95x
Owners' fund to total sources57.46%
Debt to assets24.15%
Cash flow
Cash from Operating Activity (latest year)Rs 24 Cr
Cash from Investing Activity (latest year)Rs -20 Cr
Cash from Financing Activity (latest year)Rs -8 Cr
Net Cash Flow (latest year)Rs -4 Cr
Free cash flow (latest year)Rs -17 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Cash from ops / profit, 5 years1.18x
Sales to cash flow14.30x
Statement figures
Net sales (TTM)Rs 483 Cr
Net sales (latest year)Rs 349 Cr
Sales (latest quarter)Rs 119 Cr
Operating profit excl. other income (latest year)Rs 49 Cr
Operating profit (latest quarter)Rs 9 Cr
Other income (TTM)Rs 15 Cr
EBITDA (TTM)Rs 52 Cr
PBDT (TTM)Rs 45 Cr
Profit before tax (TTM)Rs 27 Cr
Tax (latest year)Rs 8 Cr
Net profit (TTM)Rs 21 Cr
Net profit (latest year)Rs 19 Cr
Net profit (latest quarter)Rs 4 Cr
Depreciation (TTM)Rs 18 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 269 Cr
Total expenditure (latest year)Rs 300 Cr
Total income (latest year)Rs 352 Cr
Share capitalRs 18 Cr
ReservesRs 144 Cr
Shareholders' fundsRs 162 Cr
Total assetsRs 282 Cr
Net blockRs 98 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 2 Cr
ReceivablesRs 68 Cr
InventoryRs 53 Cr
Other liabilitiesRs 52 Cr
Shares outstanding (crore)27.02
Ownership
Promoter holding57.38% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 11.7 is at the 2th percentile of its own 5.4-year range (median 42.0, low 9.9, high 210.8).
P/B 1.51 is the lowest in 5.4 years (median 10.48).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodRNBDENIMSNifty 50Difference
1 week-1.2%-2.8% +1.6 pts
1 month-16.6%-6.8% -9.8 pts
3 months-16.9%-7.6% -9.2 pts
6 months-58.0%+0.4% -58.4 pts
1 year-76.5%-9.9% -66.5 pts
3 years-30.0%+14.2% -44.2 pts
5 years-8.7%+27.9% -36.6 pts

Red flags

F-score 5 of 8
explainReceivables outrunning sales Receivables grew 121% vs sales +33% in 2026
explainShare dilution Share count up 29% in a year, 29% in three
lookInventory outrunning sales Inventory grew 168% vs sales +33% in 2026
lookRegulator order or action Regulator order or action 2026-03-17: R&B Denims Limited has informed the Exchange about the update on intimation of Penalty
lookOn NSE surveillance On NSE surveillance: ESM
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹119 Cr +16.3% vs Jun 2025. Net profit ₹4 Cr -46.8%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-04-02Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share0.5000
2026-04-02Bonus 1:20.6667
DateTypeWhat it says
2026-09-30Commencement of commercial pCommencement of commercial production/operations
2026-09-30Adoption of new line(s) of bAdoption of new line(s) of business
2026-09-01Commencement of commercial pCommencement of commercial production/operations
2026-09-01Adoption of new line(s) of bAdoption of new line(s) of business
2026-08-27AgreementsAgreements
2026-08-14Board meeting outcomeR&B Denims Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-05Shareholder meetingVoting results.
2026-08-05Shareholder meetingProceedings of Annual General Meeting held on August 05, 2026
2026-07-28AgreementsAgreements
2026-07-14Shareholder meetingNotice of Annual General Meeting to be held on August 05, 2026
2026-07-06Disclosure under SEBI TakeovAmit Dalmia has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqui...
2026-05-29Board meeting outcomeR&B Denims Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-24General UpdatesSEBI search
2026-04-13Disclosure under SEBI TakeovAmit Dalmia has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqui...
2026-04-10Disclosure under SEBI TakeovR&B Denims Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantia...
2026-04-06BonusThe Board of Directors at its meeting held on April 06, 2026, have considered and approved bonus at the ratio of 89973440 : 179946880, i.e 89973440 Eq...
2026-03-24Record DateRecord date for the purpose of Bonus is 03-Apr-2026.
2026-03-19Record DateRecord date for the purpose of Split/Subdivision is 03-Apr-2026.
2026-03-17Regulatory actionThe update on intimation of Penalty
2026-03-14Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-03-14Shareholder meetingVoting results.
2026-03-13Shareholder meetingProceedings of Extraordinary General Meeting held on March 13, 2026
2026-02-21Order winBagging/Receiving of orders/contracts
2026-02-18Shareholder meetingNotice of Extraordinary General Meeting to be held on March 13, 2026
2026-02-14Board meeting outcomeR&B Denims Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
ESM: stage 1
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03