Aarvee Denims & Exports Ltd. (AARVEEDEN) AI Stock Analysis

• Market Cap: ₹4.25B
• Dividend Yield: N/A
• Average Volume (3M): 7.18K
• Price to Earnings (P/E): 24.7
• Beta (1Y): 0.09
• Revenue Growth: -67.72%
• EPS Growth: N/A
• Country: IN
• Employees: 228
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Manufacturing - Textiles
• EPS (TTM): 9.89
• Shares Outstanding: 25,764,340
• 10 Day Avg. Volume: 8,283
• 30 Day Avg. Volume: 7,178
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹166.00
• Price Target Upside: 0.61% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: ₹166.00 ▲(0.61% Upside)

Aarvee Denims & Exports Ltd. is facing significant financial challenges, with declining revenues and profitability issues being the most critical factors. The technical analysis indicates weak market momentum, further impacting the stock's attractiveness. While the valuation is moderate, the lack of a dividend yield reduces its appeal. Strategic improvements are necessary to enhance financial stability and market performance.

Aarvee Denims & Exports Ltd. Business Overview & Revenue Model

Company Description

Aarvee Denims & Exports Ltd. (AARVEEDEN) is a leading Indian company primarily engaged in the manufacturing and export of denim fabrics and garments. With a robust presence in the textile sector, the company offers a wide range of denim products, including jeans, jackets, and other denim apparel. Aarvee Denims serves both domestic and international markets, leveraging its state-of-the-art manufacturing facilities to produce high-quality denim that meets global standards.

How the Company Makes Money

Aarvee Denims & Exports Ltd. generates revenue through the production and sale of denim fabrics and apparel. Its primary revenue stream is the sale of denim products to wholesalers, retailers, and brands in both the domestic Indian market and international markets. The company benefits from economies of scale due to its large manufacturing capacity, which allows it to offer competitive pricing. Additionally, Aarvee Denims may engage in strategic partnerships with fashion brands for exclusive lines or collaborate on special projects, further enhancing its revenue streams. Export activities also play a significant role in its earnings, with the company tapping into global demand for denim products.

Aarvee Denims & Exports Ltd. Financial Statement Overview

Summary

Aarvee Denims & Exports Ltd. faces significant financial challenges, particularly with profitability and revenue decline. The balance sheet is heavily leveraged, increasing financial risk, although recent improvements in net income and free cash flow provide some positive outlook.

Income Statement

The income statement reflects significant challenges with declining revenues and negative profitability. Gross profit margin has been negative in recent years, indicating cost management issues or pricing pressures. The net profit margin is also negative, although there has been an improvement in the latest year with a positive net income. Revenue has dramatically declined from 2020 to 2025, impacting overall financial health.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio, suggesting significant leverage which poses financial risk. However, there has been a reduction in total liabilities over the years. The equity ratio is weak, reflecting limited shareholder equity relative to total assets, and return on equity has been negative due to past net losses, although the latest year shows a positive net income.

Cash Flow

The cash flow statement indicates improving operational cash flows, with a positive free cash flow in recent periods. However, cash flow from financing activities has been negative, reflecting debt repayments or financial restructuring. The operating cash flow to net income ratio is favorable in recent periods, indicating efficient cash generation relative to net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	289.22M	424.53M	844.14M	2.59B	4.10B	2.63B
Gross Profit	-450.89M	-438.63M	31.91M	654.36M	1.26B	602.27M
EBITDA	158.37M	500.05M	-246.05M	-254.90M	-82.00M	-118.40M
Net Income	-40.40M	185.44M	-446.16M	-650.49M	-414.23M	-641.91M
Balance Sheet
Total Assets	2.04B	2.04B	4.38B	5.28B	6.29B	7.11B
Cash, Cash Equivalents and Short-Term Investments	154.08M	154.08M	23.40M	1.60M	98.65M	134.27M
Total Debt	942.59M	942.59M	2.78B	3.97B	4.13B	4.33B
Total Liabilities	1.69B	1.69B	4.21B	4.66B	5.02B	5.43B
Stockholders Equity	357.42M	357.42M	171.98M	614.02M	1.26B	1.68B
Cash Flow
Free Cash Flow	0.00	274.72M	1.10B	396.46M	103.82M	451.58M
Operating Cash Flow	0.00	274.72M	1.10B	396.46M	125.21M	454.12M
Investing Cash Flow	0.00	1.82B	456.63M	129.28M	467.12M	88.40M
Financing Cash Flow	0.00	-1.96B	-1.56B	-622.79M	-627.96M	-418.77M

Aarvee Denims & Exports Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 165.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AARVEEDEN, the sentiment is Neutral. The current price of 165 is below the 20-day moving average (MA) of 172.51, below the 50-day MA of 173.50, and above the 200-day MA of 146.13, indicating a neutral trend. The MACD of -2.44 indicates Positive momentum. The RSI at 42.77 is Neutral, neither overbought nor oversold. The STOCH value of 30.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:AARVEEDEN.

Aarvee Denims & Exports Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NDL	69 Neutral	₹4.86B	13.06	5.41%	―	77.86%	-26.73%
DONEAR	63 Neutral	₹4.91B	15.41	13.59%	0.21%	11.38%	-13.21%
SOMATEX	54 Neutral	₹2.17B	3.03	43.89%	―	67.77%	227.42%
INDTERRAIN	46 Neutral	₹1.63B	-4.28	-23.33%	―	-21.08%	-21.17%
AARVEEDEN	45 Neutral	₹4.25B	24.73	―	―	-67.72%	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Aarvee Denims & Exports Ltd. Corporate Events

Aarvee Denims Announces Major Leadership Changes and Share Transfer

Aarvee Denims & Exports Ltd. announced significant changes following a board meeting on July 5, 2025. The company approved the transfer of over 7.8 million equity shares to an acquirer, marking the completion of a share purchase agreement. Additionally, new leadership appointments were made, with Mr. Jaimin Kailash Gupta and Mr. Tarachand Gangasahay Agrawal taking on key roles as Chairman and Managing Director, and Whole-time Director, respectively. Several resignations were also noted, including that of Mr. Vinod Parmanand Arora, the outgoing Chairman and Managing Director, indicating a strategic shift in the company’s management structure.

Aarvee Denims Announces Major Management Restructuring

Aarvee Denims & Exports Ltd. announced significant changes in its management structure following a board meeting held on July 5, 2025. The company approved the transfer of equity shares as per a Share Purchase Agreement and appointed new directors, including Mr. Jaimin Kailash Gupta as Chairman and Managing Director, and Mr. Tarachand Gangasahay Agrawal as Whole Time Director. The company also appointed a new Chief Financial Officer, Mr. Jignesh M Parmar, while several key figures, including the former Chairman and Managing Director, Mr. Vinod Parmanand Arora, resigned following the completion of the SPA. These changes are expected to impact the company’s strategic direction and operational management.