Nivaka Fashions

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%.

When is the next results date for Nivaka Fashions?

No Upcoming Board Meetings

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

Who are the peers of the Nivaka Fashions?

Nivaka Fashions' peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Sh. Rajas. Synt., Aditya Spinners, Patspin India, and Gujarat Hy-Spin. Nivaka has below-average management risk and a 1-year return of -5.59%, higher than Vedant Fashions' -24.67% but lower than Page Industries' 26.58%.

Peers: The peers of Nivaka Fashions are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Sh. Rajas. Synt., Aditya Spinners, Patspin India, and Gujarat Hy-Spin.<BR><BR>Quality Snapshot: Excellent management risk is observed at K P R Mill Ltd, Page Industries, and Vedant Fashions, while Good management risk is found at Trent, and Average management risk is noted at Trident and Libas Consumer. Below Average management risk is present at Nivaka Fashions, Sh. Rajas. Synt., Aditya Spinners, and Gujarat Hy-Spin. For Growth, Excellent growth is seen at K P R Mill Ltd, while Good growth is noted at Trent, and Below Average growth is found at Page Industries, Vedant Fashions, Trident, Sh. Rajas. Synt., Nivaka Fashions, Aditya Spinners, and Gujarat Hy-Spin. Capital Structure ratings show Excellent at K P R Mill Ltd, Page Industries, and Vedant Fashions, while Good is noted at Trent, and Below Average is found at Sh. Rajas. Synt., Nivaka Fashions, Aditya Spinners, and Gujarat Hy-Spin.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while Vedant Fashions has the lowest at -24.67%. Nivaka Fashions' 1-year return is -5.59%, which is higher than Vedant Fashions but lower than Page Industries. Additionally, the six-month return is negative for Vedant Fashions, Trident, Sh. Rajas. Synt., Aditya Spinners, and Gujarat Hy-Spin.

Who are in the management team of Nivaka Fashions?

As of March 2022, 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). Each member contributes to the company's governance and operations.

As of March 2022, the management team of Nivaka Fashions includes the following individuals:<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>Each member plays a significant role in the company's governance and operations.

What does Nivaka Fashions do?

Nivaka Fashions Ltd is a Micro Cap company specializing in the retail of Indian ethnic wear, with recent net sales of 13 Cr and a net profit of 2 Cr as of March 2025. The company, incorporated in 1983 and formerly known as B. T. Syndicate Limited, has a market cap of INR 37 Cr.

Overview: <BR>Nivaka Fashions Ltd is engaged in the retailing of Indian ethnic wear and operates within the Garments & Apparels industry, categorized as a Micro Cap company.<BR><BR>History: <BR>Nivaka Fashions Limited was incorporated on March 01, 1983, and changed its name from B. T. Syndicate Limited on May 21, 2019. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 13 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 37 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 35 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.18 <BR>Return on Equity: -5.21% <BR>Price to Book: 3.80 <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

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.

How big is Nivaka Fashions?

As of 24th July, Nivaka Fashions Ltd has a market capitalization of 41.00 Cr, with Net Sales of 1.46 Cr and a Net Profit loss of 0.50 Cr over the latest four quarters. Shareholder's Funds are 10.09 Cr and Total Assets are 12.97 Cr as of March 2024.

As of 24th July, Nivaka Fashions Ltd has a market capitalization of 41.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Nivaka Fashions reported Net Sales of 1.46 Cr. However, the company experienced a loss of 0.50 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024, where Shareholder's Funds amounted to 10.09 Cr and Total Assets were valued at 12.97 Cr.

Are Nivaka Fashions latest results good or bad?

Nivaka Fashions' latest results are poor, with significant declines in key metrics, including a PBDIT of Rs -0.27 crore, a PBT of Rs -0.48 crore, and a dramatic drop in net sales by -99.23%. Overall, these indicators reflect a challenging financial situation for the company.

Nivaka Fashions' latest results indicate a challenging situation for the company. The financial performance for the quarter ending June 2025 shows a significant decline across key metrics. The operating profit before depreciation, interest, and taxes (PBDIT) was recorded at Rs -0.27 crore, marking the lowest figure in the last five quarters. This decline reflects a negative trend in the company's operating profit.<BR><BR>Additionally, the profit before tax (PBT) also fell to Rs -0.48 crore, which is a substantial decrease compared to previous quarters. Earnings per share (EPS) dropped to Rs -0.05, further highlighting the struggles the company is facing. <BR><BR>Net sales experienced a dramatic decline of -99.23%, and the standalone net profit saw a staggering drop of -300%. Overall, these results suggest that Nivaka Fashions is navigating a difficult market environment, and the financial indicators point to a poor performance in this reporting period.

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.

Should I buy, sell or hold Nivaka Fashions Ltd?

Why is Nivaka Fashions Ltd falling/rising?

As of 18-Jan, Nivaka Fashions Ltd's stock price has risen to 3.08, driven by sector outperformance and increased institutional investment. However, the company faces significant long-term challenges, including a 20% decline over the past month and ongoing operational issues.

As of 18-Jan, Nivaka Fashions Ltd is experiencing a rise in its stock price, currently at 3.08, with a change of 0.07, reflecting an increase of 2.33%. This rise can be attributed to a few key factors. Firstly, the stock has outperformed its sector by 2.88% today, indicating a relatively stronger performance compared to its peers. Additionally, there has been an increase in participation by institutional investors, who have raised their stake by 1.88% over the previous quarter, now holding 4.77% of the company. This suggests a growing confidence among institutional investors, who typically have more resources to analyze company fundamentals.<BR><BR>However, it is important to note that despite the current rise, Nivaka Fashions has shown significant underperformance over longer periods. The stock has declined by 20.00% over the past month and has consistently underperformed against the benchmark, with a return of -11.49% over the last year compared to the Sensex's gain of 8.47%. Furthermore, the company is facing operational challenges, including weak long-term fundamental strength, as indicated by its negative EBIT to Interest ratio and low return on equity. The recent financial results have also shown operating losses, with the lowest recorded PBDIT and PBT figures.<BR><BR>In summary, while Nivaka Fashions Ltd is currently rising in price due to sector outperformance and increased institutional investment, the overall outlook remains cautious due to its historical underperformance and ongoing operational difficulties.

Which are the latest news on Nivaka Fashions?