On 6 Nov 2026, Cravatex was priced at ₹335.00, or 10.1× trailing earnings, against an industry P/E of 24.9×, and the shares are 18% below their 52-week high. It earns ROCE of 7.3% and ROE of 6.8%, and sales and net profit fell 33% and 51% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. Its dividend yield is 3.9%. It is a small-cap company with a market cap of ₹87 Cr, ranked 7th of 11 Leisure companies by market cap; the shares fell 3.7% over the past year.
- ₹339.90
- ₹339.90
- ₹334.95
- ₹343.90
- 47
Health check
- ReturnsAhead
−3.7% over a year, better than 5 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthShrinking
Sales −33.1%, profit −51.3% a year over 3 years.
- ProfitabilityWeak
ROCE 7.3% vs peer median 8.1%.
- Balance sheetFair
Piotroski 7 of 9.
- Red flags4 to check
Return on equity is low at 6.8%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹87 Cr
- Small cap
- P/E
- 10.1
- Industry 24.9
- Price to book
- 0.71
- Peers 1.68
- Dividend yield
- 3.88%
- ROE
- 6.8%
- Peers 5.2%
- ROCE
- 7.3%
- Peers 8.1%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹33.28
- Face value ₹10
- OPM (TTM)
- −2.2%
- Net margin 4.6%
- Sales growth
- +39.3%
- Latest quarter vs a year ago
- Profit growth
- −11.4%
- Latest quarter vs a year ago
- Price to sales
- 0.50
- EV/EBITDA −1.7
Strengths and risks
Strengths
- Dividend yield of 3.88%.
- Quarterly sales up 39.3% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 6.8%.
- Quarterly profit down 11.4% on a year ago.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- Interest coverage of only −18.0×.
About Cravatex
Cravatex Limited, through its subsidiaries, engages in trading in branded sports goods and fitness equipment textiles in India and internationally. It also operates a license of FILA and Sergio Tacchini brand. The company was incorporated in 1951 and is headquartered in Mumbai, India. Cravatex Limited is a subsidiary of R.B. Fitness and Trading Private Limited.
- Headquarters
- Mumbai
- Employees
- 8
- Sector
- Consumer Cyclical
- ISIN
- INE145E01017
- Website
- cravatex.com
Price range
- Avg volume (3M)
- 886
- 1-year return
- minus 3.7%
- From 52-week high
- minus 18.3%
Peers · Leisure
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WONDERLAWonderla Holidays | 476.75 | plus 0.26% | 3,026 | 29.3 | 1.68 | 5.8% | 4.6% | 33.8% | 6.4% | −18.1% | 0.44% | minus 17.0% |
| EMERALLEmerald Leisures | 284.35 | plus 3.78% | 427 | – | −5.08 | – | – | 41.7% | 4.0% | – | 0.00% | plus 26.7% |
| CSMLCOMPLETE SPORTS AND MANAGEMENT | 182.05 | minus 2.67% | 374 | 20.6 | 6.40 | 56.7% | 54.0% | 29.5% | 55.9% | 144.8% | 0.00% | plus 24.7% |
| NICCOPARNicco Parks & Resorts | 67.99 | plus 3.44% | 318 | 53.5 | 3.04 | – | 5.7% | 26.5% | −4.6% | – | 0.74% | minus 9.6% |
| KVTOYSK. V. Toys India | 210.15 | minus 7.57% | 132 | 12.3 | 2.41 | 19.2% | 27.4% | 7.0% | – | – | 0.00% | minus 37.5% |
| OKPLAOK Play India | 2.89 | plus 2.85% | 105 | 48.2 | 0.62 | 5.4% | 1.8% | 13.5% | 2.9% | – | 0.00% | minus 56.9% |
| CRAVATEXCravatex | 335.00 | minus 2.59% | 87 | 10.1 | 0.71 | 7.3% | 6.0% | −2.2% | −33.1% | −51.3% | 3.88% | minus 3.7% |
| COSCOCosco (India) | 185.10 | minus 1.07% | 77 | 66.8 | 1.49 | 8.1% | 2.0% | 3.4% | 7.4% | 13.9% | 0.00% | minus 23.5% |
| Median of 7 peers | – | 0.26% | 318 | 38.7 | 1.68 | 8.1% | 5.2% | 26.5% | 5.2% | 13.9% | 0.00% | −17.0% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 23.1 | 51.4 | 36.8 | 39.5 | 32.2 | |
| 29.2 | 48.7 | 39.2 | 40.1 | 35.5 | |
| −6.1 | 2.8 | −2.4 | −0.6 | −3.3 | |
| −26.4% | 5.4% | −6.6% | −1.5% | −10.2% | |
| 5.2 | 3.8 | 4.5 | 3.3 | 4.4 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | |
| −1.4 | 6.1 | 1.6 | 2.2 | 0.7 | |
| −0.4% | 14.2% | 16.6% | 28.6% | 34.3% | |
| −1.4 | 5.2 | 1.3 | 1.6 | 0.4 | |
| -5.29 | 20.18 | 5.21 | 6.19 | 1.70 |
Profit & loss
- Sales CAGR 3Y
- −33.1%
- Profit CAGR 3Y
- −51.3%
- EPS CAGR 3Y
- −51.3%
- ROE
- 6.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 503 | 203 | 174 | 151 | |
| – | minus 59.7% | minus 14.2% | minus 13.2% | |
| 530 | 210 | 175 | 157 | |
| −26.9 | −7.5 | −1.4 | −6.4 | |
| −5.3% | −3.7% | −0.8% | −4.2% | |
| 10.7 | 16.1 | 9.9 | 16.7 | |
| 13.4 | 0.4 | 0.4 | 0.4 | |
| 16.1 | 1.9 | 1.5 | 1.5 | |
| 104 | −0.1 | −0.2 | 0.1 | |
| 58.3 | 6.2 | 6.4 | 8.6 | |
| −1.0% | 21.6% | 24.2% | 20.7% | |
| 58.9 | 4.8 | 4.8 | 6.8 | |
| – | minus 91.8% | 0.0% | +40.8% | |
| 228.05 | 18.68 | 18.68 | 26.30 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.6 | 2.6 | 2.6 | 2.6 | |
| 89.8 | 96.1 | 104 | 117 | |
| 2.2 | 2.8 | 2.4 | 1.8 | |
| 42.1 | 23 | 31.9 | 24.9 | |
| 137 | 125 | 141 | 146 | |
| 2.8 | 3.9 | 4.4 | 3.5 | |
| 60.9 | 84.1 | 91.3 | 95.3 | |
| 72.9 | 36.5 | 45 | 47.5 | |
| 137 | 125 | 141 | 146 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 144 | 19.1 | 3 | 1.3 | |
| 42.4 | −1.3 | −0.6 | 3.3 | |
| −168 | −0.4 | −0.8 | −3.2 | |
| 18.4 | 17.4 | 1.6 | 1.3 | |
| – | −1 | −1.8 | −0.4 | |
| 144 | 18 | 1.2 | 0.9 | |
| −0.8 | −0.4 | −0.8 | −3.2 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.