Black Rose Industries Faces Quality Grade Change Amidst Modest Growth and Competitive Pressures

Black Rose Industries, a microcap player in the textile industry, has recently undergone an evaluation revision that reflects its current financial standing. The company has reported a modest sales growth of 3.21% over the past five years, while its EBIT has shown a decline of 4.09% during the same period. Financial metrics indicate a solid EBIT to interest ratio of 23.90, alongside a low debt to EBITDA ratio of 0.50 and a net debt to equity ratio of 0.08, suggesting a manageable debt load.
The company's tax ratio stands at 26.14%, and it maintains a dividend payout ratio of 15.62%. Notably, Black Rose Industries has no pledged shares or institutional holdings, which may reflect its ownership structure. The return on capital employed (ROCE) is reported at 26.31%, with a return on equity (ROE) of 19.24%.

In comparison to its peers, Black Rose Industries holds an average position, with competitors like Mafatlal Industries and VTM also rated similarly. However, companies such as Ambika Cotton have achieved a higher standing, indicating a competitive landscape within the textile sector. The recent evaluation adjustment highlights the need for Black Rose Industries to enhance its performance metrics to better align with its peers.