Gujarat-based, NSE-listed textile company currently under Corporate Insolvency Resolution Process (CIRP), with its Board suspended and affairs run by a court-appointed Resolution Professional.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 6 | 6 | 10 | 13 | 18 | 18 | 18 | 18 |
| Reserves | 3 | 3 | 0 | 11 | 0 | -0 | -1 | 4 |
| Borrowings | 13 | 10 | 7 | 5 | 12 | 11 | 11 | 5 |
| Other Liabilities | 7 | 3 | 6 | 41 | 19 | 19 | 17 | 9 |
| Total Liabilities | 28 | 22 | 24 | 69 | 49 | 48 | 46 | 37 |
| AssetsFixed Assets | 2 | 4 | 4 | 4 | 1 | 1 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 1 | 7 | 8 | 5 | 1 |
| Other Assets | 25 | 18 | 19 | 65 | 41 | 40 | 40 | 36 |
| Total Assets | 28 | 22 | 24 | 69 | 49 | 48 | 46 | 37 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 2 | -7 | 1 | 7 | -11 | -48 | 1 | -2 |
| Cash from Investing | -5 | -5 | 2 | -4 | 0 | 30 | -1 | 6 |
| Cash from Financing | 3 | 12 | -3 | -3 | 11 | 18 | -0 | -4 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 2 | -8 | -1 | 6 | -11 | -51 | 1 | 0 |
| 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.
VCL · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.