Aarvee Denims & Exports Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 24, 2025, 1:05 am

Market Cap	331 Cr.
Current Price	142
High / Low	161/26.0
Stock P/E	17.8
Book Value	15.2
Dividend Yield	0.00 %
ROCE	21.5 %
ROE	70.0 %
Face Value	10.0
PEG Ratio	0.17

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Aarvee Denims & Exports Ltd

Competitors of Aarvee Denims & Exports Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Vinny Overseas Ltd	63.4 Cr.	1.39	6.21/1.20	12.3	1.77	0.00 %	12.1 %	9.07 %	1.00
Nandan Denim Ltd	535 Cr.	3.72	7.35/2.96	16.0	4.29	0.00 %	9.27 %	5.56 %	1.00
Mittal Life Style Ltd	65.3 Cr.	1.47	5.44/1.42	47.0	1.30	0.00 %	4.27 %	3.08 %	1.00
Arvind Ltd	9,290 Cr.	355	450/272	26.3	145	1.06 %	12.5 %	9.65 %	10.0
Aarvee Denims & Exports Ltd	331 Cr.	142	161/26.0	17.8	15.2	0.00 %	21.5 %	70.0 %	10.0
Industry Average	3,385.33 Cr	100.72		23.88	33.51	0.21%	11.93%	19.47%	4.60

All Competitor Stocks of Aarvee Denims & Exports Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	111.95	108.29	55.05	47.64	49.92	10.37	24.81	25.55	24.00	13.53	15.48	5.94	7.50
Expenses	112.72	107.08	66.26	61.01	54.72	20.90	30.97	34.72	29.26	24.46	20.16	28.55	59.20
Operating Profit	-0.77	1.21	-11.21	-13.37	-4.80	-10.53	-6.16	-9.17	-5.26	-10.93	-4.68	-22.61	-51.70
OPM %	-0.69%	1.12%	-20.36%	-28.06%	-9.62%	-101.54%	-24.83%	-35.89%	-21.92%	-80.78%	-30.23%	-380.64%	-689.33%
Other Income	14.42	6.33	0.44	0.09	0.07	0.17	2.39	3.37	0.58	45.10	34.25	22.63	37.94
Interest	10.15	9.97	11.25	12.07	12.60	10.46	11.74	7.69	6.76	5.33	3.81	2.49	1.21
Depreciation	5.84	6.63	6.61	6.61	5.43	6.20	2.75	1.63	1.12	1.11	1.12	0.97	1.15
Profit before tax	-2.34	-9.06	-28.63	-31.96	-22.76	-27.02	-18.26	-15.12	-12.56	27.73	24.64	-3.44	-16.12
Tax %	420.51%	10.71%	-39.33%	-30.51%	-32.16%	-31.20%	-28.97%	-56.35%	-48.57%	18.54%	66.48%	102.03%	-44.98%
Net Profit	-12.18	-10.03	-17.37	-22.21	-15.44	-18.59	-12.97	-6.60	-6.46	22.58	8.27	-6.94	-8.87
EPS in Rs	-5.19	-4.28	-7.40	-9.47	-6.58	-7.92	-5.53	-2.81	-2.75	9.62	3.53	-2.96	-3.78

Last Updated: May 31, 2025, 9:58 am

Below is a detailed analysis of the quarterly data for Aarvee Denims & Exports Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 7.50 Cr.. The value appears strong and on an upward trend. It has increased from 5.94 Cr. (Dec 2024) to 7.50 Cr., marking an increase of 1.56 Cr..
For Expenses, as of Mar 2025, the value is 59.20 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 28.55 Cr. (Dec 2024) to 59.20 Cr., marking an increase of 30.65 Cr..
For Operating Profit, as of Mar 2025, the value is -51.70 Cr.. The value appears to be declining and may need further review. It has decreased from -22.61 Cr. (Dec 2024) to -51.70 Cr., marking a decrease of 29.09 Cr..
For OPM %, as of Mar 2025, the value is -689.33%. The value appears to be declining and may need further review. It has decreased from -380.64% (Dec 2024) to -689.33%, marking a decrease of 308.69%.
For Other Income, as of Mar 2025, the value is 37.94 Cr.. The value appears strong and on an upward trend. It has increased from 22.63 Cr. (Dec 2024) to 37.94 Cr., marking an increase of 15.31 Cr..
For Interest, as of Mar 2025, the value is 1.21 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2.49 Cr. (Dec 2024) to 1.21 Cr., marking a decrease of 1.28 Cr..
For Depreciation, as of Mar 2025, the value is 1.15 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.97 Cr. (Dec 2024) to 1.15 Cr., marking an increase of 0.18 Cr..
For Profit before tax, as of Mar 2025, the value is -16.12 Cr.. The value appears to be declining and may need further review. It has decreased from -3.44 Cr. (Dec 2024) to -16.12 Cr., marking a decrease of 12.68 Cr..
For Tax %, as of Mar 2025, the value is -44.98%. The value appears to be improving (decreasing) as expected. It has decreased from 102.03% (Dec 2024) to -44.98%, marking a decrease of 147.01%.
For Net Profit, as of Mar 2025, the value is -8.87 Cr.. The value appears to be declining and may need further review. It has decreased from -6.94 Cr. (Dec 2024) to -8.87 Cr., marking a decrease of 1.93 Cr..
For EPS in Rs, as of Mar 2025, the value is -3.78. The value appears to be declining and may need further review. It has decreased from -2.96 (Dec 2024) to -3.78, marking a decrease of 0.82.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 10:49 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	685	746	841	844	827	752	565	265	421	261	85	42
Expenses	609	679	764	772	747	669	529	285	431	289	113	132
Operating Profit	76	66	77	72	80	82	36	-20	-10	-28	-29	-90
OPM %	11%	9%	9%	9%	10%	11%	6%	-7%	-2%	-11%	-34%	-212%
Other Income	2	3	-1	2	3	3	-0	12	25	7	4	140
Interest	39	35	37	38	43	49	53	51	43	46	37	13
Depreciation	33	31	31	33	33	34	38	28	25	25	12	4
Profit before tax	6	3	8	3	6	2	-56	-87	-54	-92	-73	33
Tax %	50%	95%	17%	35%	12%	37%	-24%	-27%	-24%	-30%	-39%	43%
Net Profit	3	0	7	2	6	1	-42	-64	-41	-65	-45	19
EPS in Rs	1.36	0.08	3.00	0.75	2.39	0.46	-17.87	-27.36	-17.66	-27.73	-19.02	7.90
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-100.00%	-71.43%	200.00%	-83.33%	-4300.00%	-52.38%	35.94%	-58.54%	30.77%	142.22%
Change in YoY Net Profit Growth (%)	0.00%	28.57%	271.43%	-283.33%	-4216.67%	4247.62%	88.32%	-94.47%	89.31%	111.45%

Aarvee Denims & Exports Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	-25%
5 Years:	-40%
3 Years:	-53%
TTM:	-50%

Compounded Profit Growth
10 Years:	58%
5 Years:	20%
3 Years:	34%
TTM:	140%

Stock Price CAGR
10 Years:	13%
5 Years:	64%
3 Years:	95%
1 Year:	408%

Return on Equity
10 Years:	-12%
5 Years:	-40%
3 Years:	-59%
Last Year:	70%

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 12:34 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	23	23	23	23	23	23	23	23	23	23	23	23
Reserves	234	232	240	243	248	250	208	144	103	38	-6	12
Borrowings	396	370	382	355	379	434	419	433	413	397	278	94
Other Liabilities	141	145	178	210	268	241	193	110	89	70	144	74
Total Liabilities	794	771	825	831	919	949	843	711	629	528	438	204
Fixed Assets	401	372	367	375	363	389	350	274	231	202	72	68
CWIP	0	2	1	5	0	0	0	0	1	1	0	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	393	397	457	451	556	560	492	437	397	324	366	136
Total Assets	794	771	825	831	919	949	843	711	629	528	438	204

Below is a detailed analysis of the balance sheet data for Aarvee Denims & Exports Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 23.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 23.00 Cr..
For Reserves, as of Mar 2025, the value is 12.00 Cr.. The value appears strong and on an upward trend. It has increased from -6.00 Cr. (Mar 2024) to 12.00 Cr., marking an increase of 18.00 Cr..
For Borrowings, as of Mar 2025, the value is 94.00 Cr.. The value appears to be improving (decreasing). However, Borrowings exceed Reserves, which may signal higher financial risk. It has decreased from 278.00 Cr. (Mar 2024) to 94.00 Cr., marking a decrease of 184.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 74.00 Cr.. The value appears to be improving (decreasing). It has decreased from 144.00 Cr. (Mar 2024) to 74.00 Cr., marking a decrease of 70.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 204.00 Cr.. The value appears to be improving (decreasing). It has decreased from 438.00 Cr. (Mar 2024) to 204.00 Cr., marking a decrease of 234.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 68.00 Cr.. The value appears to be declining and may need further review. It has decreased from 72.00 Cr. (Mar 2024) to 68.00 Cr., marking a decrease of 4.00 Cr..
For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Assets, as of Mar 2025, the value is 136.00 Cr.. The value appears to be declining and may need further review. It has decreased from 366.00 Cr. (Mar 2024) to 136.00 Cr., marking a decrease of 230.00 Cr..
For Total Assets, as of Mar 2025, the value is 204.00 Cr.. The value appears to be declining and may need further review. It has decreased from 438.00 Cr. (Mar 2024) to 204.00 Cr., marking a decrease of 234.00 Cr..

However, the Borrowings (94.00 Cr.) are higher than the Reserves (₹12.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	68	47	75	110	38	51	65	45	13	40	110	27
Cash from Investing Activity +	-23	-11	-38	-50	-19	-53	5	9	47	13	46	182
Cash from Financing Activity +	-50	-36	-33	-63	-19	3	-70	-42	-63	-62	-156	-196
Net Cash Flow	-4	-0	4	-3	0	0	-1	12	-4	-10	0	13

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-320.00	-304.00	-305.00	-283.00	-299.00	-352.00	-383.00	-453.00	-423.00	-425.00	-307.00	-184.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	68.58	93.79	84.73	92.11	103.75	130.26	139.67	151.65	286.71	143.99	173.78	429.62
Inventory Days	156.76	164.42	131.84	127.41	113.53	145.66	188.53	233.57	283.03	203.59	229.73	404.67
Days Payable	55.23	82.92	73.80	90.28	108.73	151.24	166.74	166.61	160.24	100.09	108.66	234.52
Cash Conversion Cycle	170.11	175.29	142.77	129.24	108.55	124.67	161.46	218.61	409.50	247.49	294.86	599.76
Working Capital Days	116.19	129.19	111.95	109.08	103.43	130.27	159.52	194.77	362.11	215.70	257.12	205.96
ROCE %	15.32%	7.10%	5.98%	7.94%	6.37%	7.81%	7.51%	-0.11%	-7.19%	-5.98%	-10.54%	-10.00%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoters	65.80%	65.80%	65.80%	65.80%	65.80%	65.80%	65.80%	65.80%	65.80%	65.80%	65.80%	65.80%
DIIs	2.11%	2.11%	2.11%	2.11%	2.11%	2.10%	2.10%	2.10%	2.10%	2.10%	2.10%	2.10%
Public	32.09%	32.09%	32.10%	32.10%	32.10%	32.10%	32.10%	32.11%	32.11%	32.10%	32.08%	32.10%
No. of Shareholders	10,499	10,942	10,691	9,545	9,529	9,850	9,822	9,787	9,634	10,014	10,566	11,439

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 20	Mar 19	Mar 18
FaceValue	10.00	10.00	10.00
Basic EPS (Rs.)	-17.88	0.46	2.39
Diluted EPS (Rs.)	-17.88	0.46	2.39
Cash EPS (Rs.)	-1.52	14.95	16.43
Book Value[Excl.RevalReserv]/Share (Rs.)	98.46	116.42	115.81
Book Value[Incl.RevalReserv]/Share (Rs.)	98.46	116.42	115.81
Revenue From Operations / Share (Rs.)	240.70	320.36	352.54
PBDIT / Share (Rs.)	15.26	36.23	35.28
PBIT / Share (Rs.)	-1.09	21.75	21.24
PBT / Share (Rs.)	-23.67	0.73	2.72
Net Profit / Share (Rs.)	-17.87	0.46	2.39
NP After MI And SOA / Share (Rs.)	-17.87	0.46	2.39
PBDIT Margin (%)	6.34	11.31	10.00
PBIT Margin (%)	-0.45	6.78	6.02
PBT Margin (%)	-9.83	0.22	0.77
Net Profit Margin (%)	-7.42	0.14	0.67
NP After MI And SOA Margin (%)	-7.42	0.14	0.67
Return on Networth / Equity (%)	-18.15	0.39	2.06
Return on Capital Employeed (%)	-0.64	11.18	12.30
Return On Assets (%)	-4.97	0.11	0.61
Long Term Debt / Equity (X)	0.61	0.48	0.30
Total Debt / Equity (X)	1.78	1.57	1.39
Asset Turnover Ratio (%)	0.62	0.79	0.00
Current Ratio (X)	1.10	1.10	1.05
Quick Ratio (X)	0.59	0.65	0.65
Inventory Turnover Ratio (X)	1.56	2.22	0.00
Interest Coverage Ratio (X)	0.67	1.72	1.90
Interest Coverage Ratio (Post Tax) (X)	0.20	1.02	1.13
Enterprise Value (Cr.)	419.75	465.29	452.97
EV / Net Operating Revenue (X)	0.74	0.61	0.54
EV / EBITDA (X)	11.72	5.47	5.47
MarketCap / Net Operating Revenue (X)	0.03	0.07	0.12
Price / BV (X)	0.08	0.19	0.36
Price / Net Operating Revenue (X)	0.03	0.07	0.12
EarningsYield	-2.16	0.02	0.05

After reviewing the key financial ratios for Aarvee Denims & Exports Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 20, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 19) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 20, the value is -17.88. This value is below the healthy minimum of 5. It has decreased from 0.46 (Mar 19) to -17.88, marking a decrease of 18.34.
For Diluted EPS (Rs.), as of Mar 20, the value is -17.88. This value is below the healthy minimum of 5. It has decreased from 0.46 (Mar 19) to -17.88, marking a decrease of 18.34.
For Cash EPS (Rs.), as of Mar 20, the value is -1.52. This value is below the healthy minimum of 3. It has decreased from 14.95 (Mar 19) to -1.52, marking a decrease of 16.47.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 20, the value is 98.46. It has decreased from 116.42 (Mar 19) to 98.46, marking a decrease of 17.96.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 20, the value is 98.46. It has decreased from 116.42 (Mar 19) to 98.46, marking a decrease of 17.96.
For Revenue From Operations / Share (Rs.), as of Mar 20, the value is 240.70. It has decreased from 320.36 (Mar 19) to 240.70, marking a decrease of 79.66.
For PBDIT / Share (Rs.), as of Mar 20, the value is 15.26. This value is within the healthy range. It has decreased from 36.23 (Mar 19) to 15.26, marking a decrease of 20.97.
For PBIT / Share (Rs.), as of Mar 20, the value is -1.09. This value is below the healthy minimum of 0. It has decreased from 21.75 (Mar 19) to -1.09, marking a decrease of 22.84.
For PBT / Share (Rs.), as of Mar 20, the value is -23.67. This value is below the healthy minimum of 0. It has decreased from 0.73 (Mar 19) to -23.67, marking a decrease of 24.40.
For Net Profit / Share (Rs.), as of Mar 20, the value is -17.87. This value is below the healthy minimum of 2. It has decreased from 0.46 (Mar 19) to -17.87, marking a decrease of 18.33.
For NP After MI And SOA / Share (Rs.), as of Mar 20, the value is -17.87. This value is below the healthy minimum of 2. It has decreased from 0.46 (Mar 19) to -17.87, marking a decrease of 18.33.
For PBDIT Margin (%), as of Mar 20, the value is 6.34. This value is below the healthy minimum of 10. It has decreased from 11.31 (Mar 19) to 6.34, marking a decrease of 4.97.
For PBIT Margin (%), as of Mar 20, the value is -0.45. This value is below the healthy minimum of 10. It has decreased from 6.78 (Mar 19) to -0.45, marking a decrease of 7.23.
For PBT Margin (%), as of Mar 20, the value is -9.83. This value is below the healthy minimum of 10. It has decreased from 0.22 (Mar 19) to -9.83, marking a decrease of 10.05.
For Net Profit Margin (%), as of Mar 20, the value is -7.42. This value is below the healthy minimum of 5. It has decreased from 0.14 (Mar 19) to -7.42, marking a decrease of 7.56.
For NP After MI And SOA Margin (%), as of Mar 20, the value is -7.42. This value is below the healthy minimum of 8. It has decreased from 0.14 (Mar 19) to -7.42, marking a decrease of 7.56.
For Return on Networth / Equity (%), as of Mar 20, the value is -18.15. This value is below the healthy minimum of 15. It has decreased from 0.39 (Mar 19) to -18.15, marking a decrease of 18.54.
For Return on Capital Employeed (%), as of Mar 20, the value is -0.64. This value is below the healthy minimum of 10. It has decreased from 11.18 (Mar 19) to -0.64, marking a decrease of 11.82.
For Return On Assets (%), as of Mar 20, the value is -4.97. This value is below the healthy minimum of 5. It has decreased from 0.11 (Mar 19) to -4.97, marking a decrease of 5.08.
For Long Term Debt / Equity (X), as of Mar 20, the value is 0.61. This value is within the healthy range. It has increased from 0.48 (Mar 19) to 0.61, marking an increase of 0.13.
For Total Debt / Equity (X), as of Mar 20, the value is 1.78. This value exceeds the healthy maximum of 1. It has increased from 1.57 (Mar 19) to 1.78, marking an increase of 0.21.
For Asset Turnover Ratio (%), as of Mar 20, the value is 0.62. It has decreased from 0.79 (Mar 19) to 0.62, marking a decrease of 0.17.
For Current Ratio (X), as of Mar 20, the value is 1.10. This value is below the healthy minimum of 1.5. There is no change compared to the previous period (Mar 19) which recorded 1.10.
For Quick Ratio (X), as of Mar 20, the value is 0.59. This value is below the healthy minimum of 1. It has decreased from 0.65 (Mar 19) to 0.59, marking a decrease of 0.06.
For Inventory Turnover Ratio (X), as of Mar 20, the value is 1.56. This value is below the healthy minimum of 4. It has decreased from 2.22 (Mar 19) to 1.56, marking a decrease of 0.66.
For Interest Coverage Ratio (X), as of Mar 20, the value is 0.67. This value is below the healthy minimum of 3. It has decreased from 1.72 (Mar 19) to 0.67, marking a decrease of 1.05.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 20, the value is 0.20. This value is below the healthy minimum of 3. It has decreased from 1.02 (Mar 19) to 0.20, marking a decrease of 0.82.
For Enterprise Value (Cr.), as of Mar 20, the value is 419.75. It has decreased from 465.29 (Mar 19) to 419.75, marking a decrease of 45.54.
For EV / Net Operating Revenue (X), as of Mar 20, the value is 0.74. This value is below the healthy minimum of 1. It has increased from 0.61 (Mar 19) to 0.74, marking an increase of 0.13.
For EV / EBITDA (X), as of Mar 20, the value is 11.72. This value is within the healthy range. It has increased from 5.47 (Mar 19) to 11.72, marking an increase of 6.25.
For MarketCap / Net Operating Revenue (X), as of Mar 20, the value is 0.03. This value is below the healthy minimum of 1. It has decreased from 0.07 (Mar 19) to 0.03, marking a decrease of 0.04.
For Price / BV (X), as of Mar 20, the value is 0.08. This value is below the healthy minimum of 1. It has decreased from 0.19 (Mar 19) to 0.08, marking a decrease of 0.11.
For Price / Net Operating Revenue (X), as of Mar 20, the value is 0.03. This value is below the healthy minimum of 1. It has decreased from 0.07 (Mar 19) to 0.03, marking a decrease of 0.04.
For EarningsYield, as of Mar 20, the value is -2.16. This value is below the healthy minimum of 5. It has decreased from 0.02 (Mar 19) to -2.16, marking a decrease of 2.18.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Aarvee Denims & Exports Ltd as of June 24, 2025 is: 154.54

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 24, 2025, Aarvee Denims & Exports Ltd is Undervalued by 8.83% compared to the current share price 142.00

Intrinsic Value of Aarvee Denims & Exports Ltd as of June 24, 2025 is: 316.90

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 24, 2025, Aarvee Denims & Exports Ltd is Undervalued by 123.17% compared to the current share price 142.00

Last 5 Year EPS CAGR: 105.06%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
	The stock has a low average ROCE of 2.02%, which may not be favorable. The stock has a high average Working Capital Days of 174.61, which may not be favorable. The stock has a high average Cash Conversion Cycle of 231.86, which may not be favorable. The company has higher borrowings (362.50) compared to reserves (162.17), which may suggest financial risk. The company has not shown consistent growth in sales (527.83) and profit (-25.08).

Strength

Weakness

The stock has a low average ROCE of 2.02%, which may not be favorable.
The stock has a high average Working Capital Days of 174.61, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 231.86, which may not be favorable.
The company has higher borrowings (362.50) compared to reserves (162.17), which may suggest financial risk.
The company has not shown consistent growth in sales (527.83) and profit (-25.08).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Aarvee Denims & Exports Ltd:
1. Net Profit Margin: -7.42%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: -0.64% (Industry Average ROCE: 11.93%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -18.15% (Industry Average ROE: 19.47%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 0.2
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.59
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 17.8 (Industry average Stock P/E: 23.88)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 1.78
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Aarvee Denims and Exports Ltd. is a Public Limited Listed company incorporated on 28/03/1988 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L17110GJ1988PLC010504 and registration number is 010504. Currently company belongs to the Industry of Textiles - Denim. Company's Total Operating Revenue is Rs. 42.45 Cr. and Equity Capital is Rs. 23.46 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Textiles - Denim	191, Moje Shahwadi, Opp. CNI Narol- Sarkhej Highway Ahmedabad Gujarat 382405	cs@aarvee-denims.com http://www.aarvee-denims.com

Management
Name	Position Held
Mr. Vinod P Arora	Chairman & Managing Director
Mr. Ashish V Shah	Managing Director
Mr. Nipun V Arora	Whole Time Director
Mr. Kalpesh V Shah	Whole Time Director
Mr. Hiten M Parikh	Independent Director
Mr. Kandarp G Trivedi	Independent Director
Mr. Ankit N Mittal	Independent Director
Ms. Aarti Thakkar	Independent Director

FAQ

What is the intrinsic value of Aarvee Denims & Exports Ltd?

Aarvee Denims & Exports Ltd's intrinsic value (as of 23 June 2025) is ₹154.54 — 8.83% higher the current market price of 142.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 331 Cr. market cap, FY2025-2026 high/low of ₹161/26.0, reserves of 12 Cr, and liabilities of 204 Cr.

What is the Market Cap of Aarvee Denims & Exports Ltd?

The Market Cap of Aarvee Denims & Exports Ltd is 331 Cr..

What is the current Stock Price of Aarvee Denims & Exports Ltd as on 23 June 2025?

The current stock price of Aarvee Denims & Exports Ltd as on 23 June 2025 is 142.

What is the High / Low of Aarvee Denims & Exports Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Aarvee Denims & Exports Ltd stocks is ₹161/26.0.

What is the Stock P/E of Aarvee Denims & Exports Ltd?

The Stock P/E of Aarvee Denims & Exports Ltd is 17.8.

What is the Book Value of Aarvee Denims & Exports Ltd?

The Book Value of Aarvee Denims & Exports Ltd is 15.2.

What is the Dividend Yield of Aarvee Denims & Exports Ltd?

The Dividend Yield of Aarvee Denims & Exports Ltd is 0.00 %.

What is the ROCE of Aarvee Denims & Exports Ltd?

The ROCE of Aarvee Denims & Exports Ltd is 21.5 %.

What is the ROE of Aarvee Denims & Exports Ltd?

The ROE of Aarvee Denims & Exports Ltd is 70.0 %.

What is the Face Value of Aarvee Denims & Exports Ltd?

The Face Value of Aarvee Denims & Exports Ltd is 10.0.