Rainbow Denim logo

532441 - Rainbow Denim Share Price

₹2.09 -0.1  -5.0%

Last Trade - 6:45am

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £283k
Enterprise Value £12.7m
Revenue £634k
Position in Universe 2893rd / 2996
Bullish
Bearish
Unlock 532441 Revenue
Momentum
Relative Strength (%)
1m -3.35%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -63.8%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
1,686 2,220 1,813 1,490 710.4 62.1 -48.3%
PEG
Profitability
ROA
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%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 March 2020, Rainbow Denim Ltd revenues decreased 91% to RS62.1M. Net loss increased 43% to RS161.6M. Revenues reflect Net Sales / Income from Operations (Net decrease of 94% to RS40.2M. Basic Earnings per Share excluding Extraordinary Items decreased from -RS8.53 to -RS12.16.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
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Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

532441 Revenue Unlock 532441 Revenue

Net Income

532441 Net Income Unlock 532441 Revenue

Normalised EPS

532441 Normalised EPS Unlock 532441 Revenue

PE Ratio Range

532441 PE Ratio Range Unlock 532441 Revenue

Dividend Yield Range

532441 Dividend Yield Range Unlock 532441 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
532441 EPS Forecasts Unlock 532441 Revenue
Profile Summary

Rainbow Denim Limited is engaged in the manufacturing of denim fabrics. The Company's collection includes a range of denims in weights ranging from 4.5 to 14.5 ounce (oz) and other combinations of texture, shades and finishes. The Company's product range includes OE x Elasthane, Ring x OE, Ring x Ring, Ring x Elasthane, Crosshatch denims, Slubby Denims, Structured (Dobby) Denims, Polyester filament weft denims, Multi-count denim fabrics, Overdyed and Tinted denims, Light weight (5 oz to 6.5 oz) denims, Doubled yarn warp denims and Silky Denims. The Company offers a range of weaves, such as broken twills and herringbone twills. The Company offers its products in various shades, such as normal indigo blue, super dark indigo blue, sulfur bottom indigo top shades, indigo bottom sulfur top shades and sulfur shades. The Company also provides various types of finishes, such as scoured finish and mercerized denims (flat finish). Its manufacturing facility is located in Punjab, India.

Directors
Last Annual March 31st, 2020
Last Interim March 31st, 2020
Incorporated April 8, 1999
Public Since November 22, 1993
No. of Shareholders: n/a
No. of Employees: n/a
Sector Consumer Cyclicals
Industry Textiles & Apparel
Index
Exchange Bombay Stock Exchange
Shares in Issue 13,280,743
Free Float (0.0%)
Eligible for
ISAs
SIPPs
532441 Share Price Performance
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Latest News for 532441
Upcoming Events for 532441
Frequently Asked Questions for Rainbow Denim
What is the Rainbow Denim share price?

As of 6:45am, shares in Rainbow Denim are trading at ₹2.09, giving the company a market capitalisation of £283k. This share price information is delayed by 15 minutes.

How has the Rainbow Denim share price performed this year?

Shares in Rainbow Denim are currently trading at ₹2.09 and the price has moved by -61.58% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Rainbow Denim price has moved by -62.24% over the past year.

What are the analyst and broker recommendations for Rainbow Denim?

There are no analysts currently covering Rainbow Denim.

When will Rainbow Denim next release its financial results?

Rainbow Denim is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Rainbow Denim dividend yield?

Rainbow Denim does not currently pay a dividend.

Does Rainbow Denim pay a dividend?

Rainbow Denim does not currently pay a dividend.

When does Rainbow Denim next pay dividends?

Rainbow Denim does not currently pay a dividend.

How do I buy Rainbow Denim shares?

To buy shares in Rainbow Denim you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Rainbow Denim?

Shares in Rainbow Denim are currently trading at ₹2.09, giving the company a market capitalisation of £283k.

Where are Rainbow Denim shares listed? Where are Rainbow Denim shares listed?

Here are the trading details for Rainbow Denim:

Country of listing: India
Exchange: BSE
Ticker Symbol: 532441
What kind of share is Rainbow Denim?

Based on an overall assessment of its quality, value and momentum, Rainbow Denim is currently classified as a Sucker Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Rainbow Denim share price forecast 2020?

We were not able to load any forecast data for Rainbow Denim.

How can I tell whether the Rainbow Denim share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Rainbow Denim. Over the past six months, the relative strength of its shares against the market has been -39.51%. At the current price of ₹2.09, shares in Rainbow Denim are trading at -58.96% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Rainbow Denim PE Ratio?

We were not able to find PE ratio data for Rainbow Denim.

Who are the key directors of Rainbow Denim?

Rainbow Denim's management team is headed by:

Haresh Ramsinghani - CHM
Satinderjit Arora - CFO
Deonath Singh - NID
R. Kulkarni - IND
Shefali Karani - NED
Bhavna Dave - CCO
Brij Khanna - NID
Who are the major shareholders of Rainbow Denim?

Here are the top five shareholders of Rainbow Denim based on the size of their shareholding:

Rainbow Agri Industries, Ltd. Corporation
Percentage owned: 45.18% (6.00m shares)
Silver Eagle, Inc. Corporation
Percentage owned: 18.96% (2.52m shares)
Bank of India Ltd Corporation
Percentage owned: 4.67% (620k shares)
Trishul Mercantile Pvt. Ltd. Corporation
Percentage owned: 2.14% (284k shares)
Libra Mercantile Pvt. Ltd. Corporation
Percentage owned: 1.8% (239k shares)
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