Nivaka Fashions

Why is Nivaka Fashions Ltd falling/rising?

As of 12-Jul, Nivaka Fashions Ltd's stock price is 0.72, unchanged from the previous day, with a year-to-date decline of 77.14% and a one-year drop of 80.06%. Despite a slight increase in trading activity, the stock remains in a bearish trend, trading below all key moving averages and hitting a new 52-week low of Rs. 0.7.

As of 12-Jul, Nivaka Fashions Ltd's stock price is currently at 0.72, with no change from the previous day. The stock has experienced significant declines over various periods, with a year-to-date drop of 77.14% and a one-year decline of 80.06%. These figures indicate a substantial downward trend in the stock's performance compared to the Sensex, which has only decreased by 8.98% over the same timeframe.<BR><BR>Today, the stock hit a new 52-week low of Rs. 0.7, reflecting ongoing struggles in its market performance. Additionally, it has underperformed its sector by 0.27% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests a persistent bearish sentiment among investors.<BR><BR>However, there is a slight positive note with rising investor participation, as the delivery volume increased by 18.35% against the 5-day average, indicating some interest in trading the stock. Despite this uptick in trading activity, the overall performance metrics and the significant declines over the past year strongly suggest that Nivaka Fashions Ltd is currently in a falling trend.

Which are the latest news on Nivaka Fashions?

What does Nivaka Fashions do?

Nivaka Fashions Ltd is a Micro Cap company specializing in the retail of Indian ethnic wear. It was incorporated in 1983, rebranded in 2019, and reported a net profit of -4 Cr for March 2026, with a market cap of INR 8 Cr.

Overview: <BR>Nivaka Fashions Ltd is engaged in the retailing of Indian ethnic wear and operates within the Garments & Apparels industry, classified as a Micro Cap company.<BR><BR>History: <BR>Nivaka Fashions Limited was incorporated as B. T. Syndicate Limited on March 1, 1983, and changed its name to Nivaka Fashions Limited on May 21, 2019. The most recent quarterly results reported are for March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: -4 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 8 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.24 <BR>Return on Equity: -118.95% <BR>Price to Book: 1.73<BR><BR>Contact Details: <BR>Address: AA-47 Salt Lake City, Sec 1 BL-AA Kolkata West Bengal : 700064 <BR>Tel: 91-33-40074714 <BR>Email: info@btsync.in <BR>Website: N/A

How big is Nivaka Fashions?

As of 10th June, Nivaka Fashions Ltd has a market capitalization of 8.00 Cr, with recent net sales of 0.02 Cr and a net profit loss of 5.21 Cr. Shareholder's funds are 9.59 Cr and total assets amount to 13.83 Cr.

As of 10th June, Nivaka Fashions Ltd has a market capitalization of 8.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Nivaka Fashions reported Net Sales of 0.02 Cr and a Net Profit loss of 5.21 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 9.59 Cr and Total Assets of 13.83 Cr.

Who are in the management team of Nivaka Fashions?

The management team of Nivaka Fashions includes Bhavin Shantilal Jain (Chairman & Managing Director), Priyesh Shantilal Shah (Director), Dinesh J Shah (Independent Director), Gayathri (Independent Director), Mitesh Thakkar (Executive Director), and Suman Kumar Verma (Additional Director).

The management team of Nivaka Fashions includes the following members:<BR><BR>1. **Bhavin Shantilal Jain** - Chairman & Managing Director<BR>2. **Priyesh Shantilal Shah** - Director<BR>3. **Dinesh J Shah** - Independent Director<BR>4. **Gayathri** - Independent Director<BR>5. **Mitesh Thakkar** - Executive Director<BR>6. **Suman Kumar Verma** - Additional Director<BR><BR>If you need more specific information about any of these individuals or their roles, feel free to ask!

Who are the peers of the Nivaka Fashions?

Nivaka Fashions' peers include Nutech Global, Peeti Securities, Sri Lak.Sar.Arni, Minaxi Textiles, Jayatma Industri, Jagjanani Text., Prem. Synthetic, Kiran Syntex, and Kalahridhaan Tre, with varying management risks and growth rates. Nivaka Fashions has a good capital structure but a significantly lower 1-year return of -78.24% compared to its peers.

Peers: The peers of Nivaka Fashions are Nutech Global, Peeti Securities, Sri Lak.Sar.Arni, Minaxi Textiles, Jayatma Industri, Jagjanani Text., Prem. Synthetic, Kiran Syntex, and Kalahridhaan Tre.<BR><BR>Quality Snapshot: Below Average management risk is observed at Nutech Global, Sri Lak.Sar.Arni, Minaxi Textiles, Jayatma Industri, Prem. Synthetic, Kiran Syntex, and Jagjanani Text., while Average management risk is found at Peeti Securities and Kalahridhaan Tre. Below Average growth is noted for Nutech Global, Sri Lak.Sar.Arni, Minaxi Textiles, Jayatma Industri, Prem. Synthetic, and Jagjanani Text., while Average growth is seen at Kiran Syntex and the rest have Below Average growth. Good capital structure is present at Nivaka Fashions and Peeti Securities, while Below Average capital structure is found at Nutech Global, Sri Lak.Sar.Arni, Minaxi Textiles, Jayatma Industri, Prem. Synthetic, Kiran Syntex, and Kalahridhaan Tre.<BR><BR>Return Snapshot: Nutech Global has the highest 1-year return at 29.04%, while Sri Lak.Sar.Arni has the lowest at -38.16%. Nivaka Fashions' own 1-year return is -78.24%, which is significantly lower than both. Additionally, the six-month return is negative for Nivaka Fashions, Sri Lak.Sar.Arni, Minaxi Textiles, Jayatma Industri, and Prem. Synthetic.

Are Nivaka Fashions Ltd latest results good or bad?

Nivaka Fashions Ltd's latest results are poor, with a net profit of -₹3.61 crores for Q4 FY26, a significant decline in sales, and an 82% drop in market capitalization, indicating severe operational and financial distress.

Nivaka Fashions Ltd's latest results are decidedly bad. The company reported a net profit of -₹3.61 crores for Q4 FY26, marking a staggering decline of 580.19% quarter-over-quarter and a dramatic 1,604.17% drop year-over-year. Notably, net sales for the quarter were effectively zero, indicating a complete operational shutdown.<BR><BR>This performance has led to a significant erosion of market capitalization, down over 82% from its 52-week high. The company's return on equity is alarmingly negative at -61.15%, reflecting severe capital destruction and raising serious concerns about its viability as a business. <BR><BR>Overall, the financial metrics indicate a company in distress, with no meaningful revenue generation and mounting losses, suggesting that Nivaka Fashions is facing existential challenges in its operations.

Should I buy, sell or hold Nivaka Fashions Ltd?

When is the next results date for Nivaka Fashions Ltd?

The next results date for Nivaka Fashions Ltd is 30 May 2026.

The next results date for Nivaka Fashions Ltd is scheduled for 30 May 2026.

How has been the historical performance of Nivaka Fashions?

Nivaka Fashions has experienced a significant decline in net sales and profitability, with net sales dropping from 21.79 Cr in Mar'21 to 1.47 Cr in Mar'25, resulting in continued losses and negative cash flow. Total assets and liabilities have also decreased, reflecting ongoing financial challenges.

Answer:<BR>The historical performance of Nivaka Fashions shows a significant decline in net sales and profitability over the years, with the latest figures indicating continued losses.<BR><BR>Breakdown:<BR>Nivaka Fashions has experienced a substantial decrease in net sales, dropping from 21.79 Cr in Mar'21 to just 1.47 Cr in Mar'25. Other operating income has also seen a decline, with total operating income falling from 21.79 Cr in Mar'21 to 1.84 Cr in Mar'25. The company's total expenditure, excluding depreciation, has decreased from 21.94 Cr in Mar'21 to 1.62 Cr in Mar'25, reflecting a reduction in operational costs. However, despite these reductions, the operating profit has remained low, with a profit before tax of -0.49 Cr in Mar'25 compared to a profit of 0.60 Cr in Mar'21. The profit after tax has also turned negative, reaching -0.50 Cr in Mar'25, down from 0.62 Cr in Mar'21. The company's total assets have decreased from 34.04 Cr in Mar'21 to 13.83 Cr in Mar'25, while total liabilities have also reduced from 34.04 Cr to 13.83 Cr over the same period. Cash flow has been negative in the latest year, with a net cash outflow of -1.00 Cr in Mar'25, indicating ongoing financial challenges for the company.

Who are the top shareholders of the Nivaka Fashions?

The top shareholders of Nivaka Fashions include promoter Priyesh Shantilal Jain with 14.0%, public shareholder Dulerai Prabhashankar Sompura at 5.26%, and individual investors holding 50.02%. There are no pledged promoter holdings or mutual funds invested in the company.

The top shareholders of Nivaka Fashions include Priyesh Shantilal Jain, who is the promoter with the highest holding at 14.0%. The highest public shareholder is Dulerai Prabhashankar Sompura, holding 5.26%. Additionally, individual investors collectively hold a significant portion of the company at 50.02%. There is also one foreign institutional investor (FII) that holds 2.47% of the shares. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company.

What is the technical trend for Nivaka Fashions?

As of June 6, 2025, Nivaka Fashions shows a bullish technical trend supported by positive MACD and Bollinger Bands, although there are some cautionary signals from KST and Dow Theory.

As of 6 June 2025, the technical trend for Nivaka Fashions has changed from sideways to bullish. The weekly MACD is bullish, supporting the positive trend, while the monthly MACD is mildly bullish, indicating some strength. Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the upward momentum. Daily moving averages are also bullish, suggesting short-term strength. However, the KST shows a mildly bearish stance on the monthly, and Dow Theory indicates a mildly bullish position on the weekly but mildly bearish on the monthly, which introduces some caution. Overall, the current technical stance is bullish with moderate strength, driven primarily by the bullish signals from MACD and Bollinger Bands.

Is Nivaka Fashions overvalued or undervalued?

As of November 18, 2024, Nivaka Fashions is considered risky and overvalued due to troubling financial ratios, including a PE ratio of -39.54 and an EV to EBITDA ratio of 41.25, despite a recent short-term stock price increase.

As of 18 November 2024, the valuation grade for Nivaka Fashions has moved from very expensive to risky, indicating a significant shift in its perceived value. The company is currently considered overvalued, given its troubling financial ratios, including a PE ratio of -39.54, an EV to EBITDA ratio of 41.25, and a ROE of -5.21%. These figures suggest that the company is struggling to generate profits relative to its market valuation.<BR><BR>In comparison to its peers, Nivaka Fashions' valuation metrics are concerning. For instance, while it has a PE ratio of -39.54, a peer in the same industry might have a more stable PE ratio, highlighting the disparity in performance. Additionally, the company's EV to Sales ratio of 22.54 further emphasizes its overvaluation relative to its sales generation capabilities. Despite a recent uptick in stock price compared to the Sensex, with a 1-week return of 4.48% against the Sensex's 1.40%, the long-term performance remains poor, particularly with a 5-year return of -63.43% compared to the Sensex's 142.99%.

What is the bonus history of the Nivaka Fashions?

Nivaka Fashions issued a 4:5 bonus on June 24, 2019, with a record date of June 25, 2019, meaning shareholders received four additional shares for every five shares held.

Nivaka Fashions has a bonus history that includes a 4:5 bonus issue announced on June 24, 2019. The record date for this bonus was June 25, 2019. This means that for every five shares held, shareholders received an additional four shares as a bonus. If you have any more questions about Nivaka Fashions or need further details, feel free to ask!

Has Nivaka Fashions declared dividend?

No Dividend History Available