Who are the top shareholders of the Cravatex?

The top shareholder of Cravatex is R B Fitness And Trading Private Limited, holding 74.36% of the shares. Individual investors own 21.13%, while the highest public shareholder is Mahesh Parameswaran Nair with 2.01%.

The top shareholders of Cravatex are primarily the promoters, with R B Fitness And Trading Private Limited holding the largest stake at 74.36%. There are no pledged promoter holdings, and mutual funds and foreign institutional investors do not hold any shares in the company. The highest public shareholder is Mahesh Parameswaran Nair, who owns 2.01%. Additionally, individual investors collectively hold 21.13% of the shares.

Who are in the management team of Cravatex?

As of March 2023, the management team of Cravatex includes Rajesh Batra (Chairman & Managing Director), S D Israni, N Santhanam, and Pheroza Jimmy Bilimoria (Independent Directors), Sudhanshu Namdeo (Company Secretary & Compliance Officer), Divakar Ganapati Kamath (Executive Director & CFO), and Rohan Batra (Director). Each member contributes to the company's governance and operations.

As of March 2023, the management team of Cravatex includes the following individuals:<BR><BR>1. Rajesh Batra - Chairman & Managing Director<BR>2. S D Israni - Independent Director<BR>3. Sudhanshu Namdeo - Company Secretary & Compliance Officer<BR>4. N Santhanam - Independent Director<BR>5. Pheroza Jimmy Bilimoria - Independent Director<BR>6. Divakar Ganapati Kamath - Executive Director & CFO<BR>7. Rohan Batra - Director<BR><BR>Each member plays a significant role in the governance and operational management of the company.

What does Cravatex do?

Cravatex Ltd is a micro-cap company in the Trading & Distributors industry, specializing in sports goods and fitness equipment, with recent net sales of 61 Cr and a net profit of 1 Cr as of March 2025. It has a market cap of Rs 111 Cr and key metrics include a P/E of 23.00 and a dividend yield of 0.70%.

Overview: <BR>Cravatex Ltd is a micro-cap company operating in the Trading & Distributors industry, specializing in sports goods and fitness equipment.<BR><BR>History: <BR>Cravatex Ltd was incorporated in 1951 by Ram Kumar Batra and is part of The Batra Group. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 61 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 111 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 23.00 <BR>Industry P/E: 30 <BR>Dividend Yield: 0.70% <BR>Debt Equity: -0.86 <BR>Return on Equity: 4.53% <BR>Price to Book: 1.04<BR><BR>Contact Details: <BR>Address: Unit-201 2nd Flr Matulya Centr, S B Marg Lower Parel Mumbai Maharashtra : 400013 <BR>Email: investors@cravatex.com <BR>Website: http://www.cravatex.com

What is the bonus history of the Cravatex?

Cravatex Ltd had a bonus issue of 1:1 announced on July 15, 2011, with a record date of July 19, 2011, allowing shareholders to receive one additional share for each share held.

Cravatex Ltd has a bonus history that includes a 1:1 bonus issue announced on July 15, 2011. The record date for this bonus was July 19, 2011. This means that shareholders received one additional share for every share they held as of the record date.

Has Cravatex declared dividend?

Cravatex Ltd has declared a 30% dividend, amounting to ₹3 per share, with an ex-date of July 30, 2024. The company has shown strong long-term growth, achieving a total return of 62.43% over the past five years.

Cravatex Ltd has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 3 per share<BR>- Ex-date: Jul-30-2024<BR><BR>Dividend Yield: 0.7%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, Cravatex experienced a price return of -2.99% with no dividend return, resulting in a total return of -2.99%.<BR><BR>Over the past year, the company had a price return of 6.39% and a dividend return of 0.75%, leading to a total return of 7.14%.<BR><BR>In the 2-year period, Cravatex achieved a price return of 44.52% and a dividend return of 1.08%, culminating in a total return of 45.6%.<BR><BR>For the 3-year period, the price return was 15.36% with a dividend return of 2.34%, resulting in a total return of 17.7%.<BR><BR>In the last 4 years, Cravatex saw a price return of 47.98% and a dividend return of 3.48%, giving a total return of 51.46%.<BR><BR>Over the 5-year period, the company recorded a price return of 58.5% along with a dividend return of 3.93%, resulting in a total return of 62.43%.<BR><BR>Overall, Cravatex has declared a significant dividend, and while the recent total returns show variability, the long-term performance indicates strong growth, particularly over the 5-year period.

Who are the peers of the Cravatex?

Cravatex's peers include Redington, MMTC, MSTC, Ravindra Energy, Dhanlaxmi Cotex, Excel Realty, Safa Systems, and Chandrima Mercan. In terms of management risk, growth, and capital structure, Redington stands out positively, while Cravatex shows below-average capital structure and moderate returns.

Peers: The peers of Cravatex are Redington, MMTC, MSTC, Ravindra Energy, Dhanlaxmi Cotex, Excel Realty, Safa Systems, and Chandrima Mercan.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC, MSTC, and Cravatex. Below Average management risk is noted for Ravindra Energy, Dhanlaxmi Cotex, Excel Realty, Safa Systems, and Chandrima Mercan. In terms of Growth, Excellent growth is seen at Redington, Good growth at Chandrima Mercan, Average growth at Dhanlaxmi Cotex, and the rest exhibit Below Average growth. For Capital Structure, Excellent capital structure is present at MSTC and Dhanlaxmi Cotex, Good at Redington, and Below Average at Cravatex, Ravindra Energy, Excel Realty, Safa Systems, and Chandrima Mercan.<BR><BR>Return Snapshot: Dhanlaxmi Cotex has the highest 1-year return at 220.06%, while MSTC has the lowest at -39.89%. Cravatex's 1-year return of 6.02% is significantly lower than Dhanlaxmi Cotex's but higher than MSTC's. Additionally, the six-month returns for MSTC, Excel Realty, and Ravindra Energy are negative.

Is Cravatex overvalued or undervalued?

As of April 25, 2023, Cravatex is considered a risky investment due to its overvaluation, reflected in a PE ratio of 23.05, negative ROCE of -21.02%, and unfavorable comparisons to peers, despite a recent stock return of 11.28%.

As of 25 April 2023, Cravatex's valuation grade has moved from does not qualify to risky, indicating a shift in perception regarding its financial health. The company appears to be overvalued based on its current metrics, with a PE ratio of 23.05, a Price to Book Value of 1.04, and a concerning ROCE of -21.02%. <BR><BR>When compared to peers, Cravatex's valuation stands out unfavorably; for instance, MMTC has a PE ratio of 119.39, while PTC India is valued attractively at a PE of 9.02. The negative EV to EBIT and EV to EBITDA ratios of -6.24 and -11.70, respectively, further underscore the company's financial struggles. Despite a recent stock return of 11.28% over the past month, which outperformed the Sensex's 3.86%, the overall indicators suggest that Cravatex is not a favorable investment at its current price of 439.00.

What is the technical trend for Cravatex?

As of April 28, 2025, Cravatex's technical trend is mildly bearish, influenced by mixed signals from moving averages and indicators, with weekly MACD and Bollinger Bands showing mild bullishness while monthly indicators reflect bearishness.

As of 28 April 2025, the technical trend for Cravatex has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish trend. The Bollinger Bands on the weekly chart are mildly bullish, but the monthly view is bearish. Daily moving averages are mildly bearish, and the KST is mildly bullish on the weekly but bearish on the monthly. Dow Theory reflects a mildly bearish trend on the weekly and no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the mixed signals from the moving averages and the monthly indicators.

How big is Cravatex?

As of 24th July, Cravatex Ltd has a market capitalization of 124.00 Cr, with recent net sales of 173.77 Cr and a net profit of 4.82 Cr. The company has shareholder's funds of 106.43 Cr and total assets of 140.70 Cr.

As of 24th July, Cravatex Ltd has a market capitalization of 124.00 Cr, classified as a Micro Cap.<BR><BR>In the latest four quarters, Cravatex reported Net Sales of 173.77 Cr and a Net Profit of 4.82 Cr.<BR><BR>For the latest annual period, the company has Shareholder's Funds amounting to 106.43 Cr and Total Assets of 140.70 Cr.

Are Cravatex latest results good or bad?

Cravatex's latest results are disappointing, with a Profit Before Tax of Rs -6.57 crore and a Profit After Tax of Rs -1.37 crore, both showing significant declines year-on-year. Net sales also fell to Rs 23.13 crore, the lowest in five quarters, indicating a challenging financial period for the company.

Cravatex's latest financial results are quite disappointing. For the quarter ending June 2025, the company reported a significant decline in key metrics. The Profit Before Tax (PBT) fell to Rs -6.57 crore, which is a staggering decrease of 136.33% year-on-year. Similarly, the Profit After Tax (PAT) dropped to Rs -1.37 crore, reflecting a decline of 385.4% compared to the previous year.<BR><BR>Net sales also took a hit, reaching Rs 23.13 crore, marking a 10.28% decrease year-on-year and the lowest figure recorded in the last five quarters. The operating profit was reported at Rs -6.10 crore, with an operating profit margin of -26.37%, indicating a decline in the company's operational efficiency.<BR><BR>While Cravatex has maintained a dividend per share of Rs 3.00, which is the highest in the last five years, the overall financial health of the company appears to be under significant pressure. The earnings per share (EPS) has also declined to Rs -5.31, the lowest in five quarters.<BR><BR>In summary, the results indicate a challenging period for Cravatex, with multiple key indicators showing negative trends.

When is the next results date for Cravatex?

The next results date for Cravatex is 14 November 2025.

The next results date for Cravatex is scheduled for 14 November 2025.

How has been the historical performance of Cravatex?

Cravatex has experienced significant declines in net sales and profitability, with net sales dropping from 594.33 Cr in Mar'22 to 173.76 Cr in Mar'25, and operating profit margins turning negative. Despite a reduction in total liabilities, the company has struggled to maintain revenue and profitability over recent years.

Answer:<BR>The historical performance of Cravatex shows significant fluctuations in its financial metrics over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Cravatex's net sales have seen a downward trend from 594.33 Cr in Mar'22 to 173.76 Cr in Mar'25, indicating a substantial decline in revenue. The total operating income followed a similar pattern, decreasing from 778.67 Cr in Mar'20 to 173.76 Cr in Mar'25. The company's operating profit margins have been negative in recent years, with an operating profit of -1.69 Cr in Mar'25, compared to a positive 11.30 Cr in Mar'22. Profit before tax also dropped significantly from 58.33 Cr in Mar'23 to 6.37 Cr in Mar'25, while profit after tax remained stagnant at 4.83 Cr for both Mar'25 and Mar'24, down from 58.93 Cr in Mar'23. On the balance sheet, total liabilities decreased from 441.91 Cr in Mar'20 to 140.70 Cr in Mar'25, reflecting a reduction in long-term borrowings, which were eliminated by Mar'25. Total assets also decreased from 441.91 Cr in Mar'20 to 140.70 Cr in Mar'25, with cash and cash equivalents showing a slight increase to 75.45 Cr in Mar'25 from 56.32 Cr in Mar'23. Overall, Cravatex has faced challenges in maintaining revenue and profitability, while managing its liabilities effectively.

Should I buy, sell or hold Cravatex?

Why is Cravatex falling/rising?

As of 14-Dec, Cravatex Ltd's stock price is rising to Rs 382.50, up 5.37%, due to a trend reversal, increased investor participation, and strong quarterly profit growth. However, long-term challenges remain, including declining net sales and negative return on capital employed.

As of 14-Dec, Cravatex Ltd's stock price is rising, currently at Rs 382.50, reflecting an increase of Rs 19.5 or 5.37%. This upward movement can be attributed to several factors. Firstly, the stock has shown a trend reversal, gaining after three consecutive days of decline. It opened with a significant gap up of 4.41% today and reached an intraday high of Rs 383, marking a 5.51% increase.<BR><BR>Additionally, the stock has outperformed its sector by 4.43%, indicating positive market sentiment. There has also been a notable rise in investor participation, with delivery volume increasing by 70.53% compared to the 5-day average. The company reported a substantial growth in profit after tax (PAT) for the quarter, which rose by 97.0%, and its profit before depreciation, interest, and taxes (PBDIT) reached its highest at Rs 2.76 crore. Furthermore, the stock offers a high dividend yield of 3.44%, which can attract income-focused investors.<BR><BR>Despite these positive indicators, it is important to note that the company has faced long-term challenges, including a -21.95% compound annual growth rate (CAGR) in net sales over the last five years and a negative return on capital employed (ROCE). However, the immediate price rise appears to be driven by short-term performance improvements and increased investor interest.

Which are the latest news on Cravatex?