Rajasthan-based integrated denim maker — weaves denim fabric, spins its own cotton/open-end yarn, and sells finished apparel via its own CoreWear e-commerce brand.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 15 | 15 | 15 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 44 | 45 | 53 | 98 | 111 | 130 | 140 | 153 |
| Borrowings | 87 | 94 | 141 | 145 | 300 | 328 | 370 | 348 |
| Other Liabilities | 54 | 65 | 113 | 132 | 155 | 141 | 120 | 157 |
| Total Liabilities | 200 | 219 | 322 | 393 | 584 | 618 | 649 | 676 |
| AssetsFixed Assets | 62 | 56 | 57 | 67 | 218 | 200 | 205 | 201 |
| CWIP | 0 | 0 | 19 | 12 | 0 | 9 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 138 | 163 | 246 | 314 | 366 | 408 | 444 | 475 |
| Total Assets | 200 | 219 | 322 | 393 | 584 | 618 | 649 | 676 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 11 | 19 | -1 | -9 | 12 | 13 | 4 | 26 |
| Cash from Investing | -5 | -1 | -1 | -30 | -23 | -163 | -3 | -16 |
| Cash from Financing | -6 | -16 | 2 | 39 | 25 | 138 | -2 | -10 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 5 | 17 | -2 | -38 | -4 | -141 | -17 | 5 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
MANOMAY · CYCLICAL_UNMODELABLE
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