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BIBA FASHION LIMITED

Active
Updated: 05 Nov 2024

The company designs and manufactures apparels. The company offers bottoms, dresses, jeans, casuals, pants, tops, skirts, and formals for women, It sells its product through online store

Biba Fashion Limited, is an unlisted public company incorporated on 10 July, 2002. It is classified as a public limited company and is located in Gurgaon, Haryana. It's authorized share capital is INR 135.00 cr and the total paid-up capital is INR 125.06 cr.

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Industry

Business Services
Products
  • , and short tops; knitted churidars, patiala, short kurtis, jackets, dresses, tunics, pants, and skirts; chiffon and cotton dupattas; suit sets; and accessories, printed palazzos, kurtas, patiala dupattas
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
-13.88%
₹ 751.1
EBITDA
-72.59%
₹ 52.0
Net Profit
-256.63%
₹ -90.5
Networth
-23.14%
₹ 297.0
Borrowings
9.36%
₹ 234.8
Assets
3.43%
₹ 1,192.7
Gross Margin
-11.5
71.0 %
Operating Margin
-14.83
6.9 %
Net Profit Margin
-18.37
-11.9 %
Return on Equity
-45.42
-30.5 %
ROCE
-62.48
-28.8 %
Debt to Equity
0.23
0.8
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (198)
State Type Address

location icon Locations on Map

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Tofler Score

Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • VERY LOW INTEREST COVERAGE
Moderate Risk
  • HIGH LEVERAGE
  • LOSS MAKING
  • LOW ROCE
  • LOW CASH BALANCE
Low Risk
  • HIGH INVENTORY
  • EBITDA MARGINS DETERIORATING
  • REVENUE DECLINE
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Peers / Similar Companies

Aditya Birla Fashion And Retail Limited Maharashtra
Vedant Fashions Limited West Bengal
R S Brothers Retail India Private Limited Telangana
Vero Moda Retail Private Limited Maharashtra
Wakefit Innovations Private Limited Karnataka
Fabindia Limited Delhi
Aza Fashions Private Limited Maharashtra

Peers

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 757.2 525.8 630.4 872.1 751.1
Operating profit 139.1 62.6 108.2 189.7 52.0
Net profit 2.6 -13.4 14.0 57.8 -90.5
Gross margin 83.2 70.5 75.5 82.5 71.0
Operating margin 18.4 11.9 17.2 21.8 6.9
Net margin 0.3 -2.4 2.1 6.5 -11.9
Networth 285.8 312.5 326.7 386.4 297.0
Borrowings 143.9 105.3 96.4 214.7 234.8
Assets 933.2 832.7 870.9 1,153.1 1,192.7
Debt to equity 0.5 0.3 0.3 0.6 0.8
Current ratio 1.6 2.2 2.0 1.6 1.2
ROE 0.9 -4.3 4.3 14.9 -30.5
Days payable 204.0 57.0 163.0 300.0 202.0
WC days 87.0 176.0 130.0 94.0 50.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 119.7 125.1 125.1 125.1 125.1
Reserves 166.1 187.4 201.7 261.3 171.9
Borrowings + 143.9 105.3 96.4 214.7 234.8
Long term borrowings - 23.4 23.5 13.6 27.0
Short term borrowings 143.9 81.9 72.9 201.1 207.8
Trade payables + 71.2 24.2 68.9 125.2 120.6
Days payable 204.0 57.0 163.0 300.0 202.0
Other liabilities + 503.5 415.0 447.8 552.0 660.9
Other non-current liabilities 341.0 285.3 305.6 345.9 412.6
Other current liabilities 91.3 105.5 73.3 81.0 127.7
Total liabilities 933.2 832.7 870.9 1,153.1 1,192.7
Fixed Assets + 65.1 53.5 64.7 81.6 100.8
Tangible assets 60.6 49.6 57.0 69.2 91.8
CWIP - - 4.5 9.8 2.8
Intangible assets 4.5 3.8 3.2 2.6 6.2
LT loans and advances 6.4 2.3 - 10.2 -
Other non-current assets 375.2 311.4 366.8 429.7 533.3
Current assets + 486.4 465.6 439.4 631.6 558.6
Inventories 378.0 320.1 328.9 452.2 413.4
Trade receivables 33.2 67.7 41.8 106.4 50.3
Cash and cash equivalents 2.2 3.9 11.5 7.2 7.7
ST loans and advances 38.0 43.8 5.9 5.5 3.1
Other current assets 35.0 30.0 51.4 60.3 84.1
Total assets 933.2 832.7 870.9 1,153.1 1,192.7
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 757.2 525.8 630.4 872.1 751.1
Sales growth % -5.24 -30.56 19.88 38.35 -13.88
Expenses + 745.8 589.7 646.2 812.4 871.7
Cost of goods 127.1 155.1 154.5 152.1 217.4
Employee cost 111.4 71.3 88.8 110.8 125.0
Other costs 379.6 236.8 278.8 419.5 356.7
Operating profit + 139.1 62.6 108.2 189.7 52.0
Operating margin % 18.4 11.9 17.2 21.8 6.9
Other income 7.5 43.4 34.0 16.1 11.3
Interest 46.8 43.0 42.2 43.3 62.0
Depreciation 80.9 83.4 81.8 86.7 110.6
Exceptional items -11.1 -1.7 - - -12.2
Profit before tax 7.8 -22.3 18.1 75.8 -121.6
Tax 5.3 -8.9 4.1 18.0 -31.1
Profit - disc. ops - - - - -
Net profit 2.6 -13.4 14.0 57.8 -90.5
Net margin % 0.3 -2.4 2.1 6.5 -11.9
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.5 0.3 0.3 0.6 0.8
Net Debt/Equity 0.5 0.3 0.3 0.5 0.8
Total Debt/Assets 0.1 0.1 0.1 0.2 0.2
Total Assets/Equity 3.3 2.7 2.7 3.0 4.0
Liquidity +
Current Ratio 1.6 2.2 2.0 1.6 1.2
Quick Ratio 0.3 0.7 0.5 0.4 0.3
Interest Coverage 3.0 1.4 2.6 4.4 0.8
Performance
Gross Margin 83.2 70.5 75.5 82.5 71.0
Operating Margin 18.4 11.9 17.2 21.8 6.9
Net Margin 0.3 -2.4 2.1 6.5 -11.9
Return +
Return on Equity 0.9 -4.3 4.3 14.9 -30.5
Pre-tax ROCE 23.8 -6.8 9.1 33.7 -28.8
Return on Assets 0.3 -1.6 1.6 5.0 -7.6
Pre-tax ROIC 13.6 -5.0 6.4 17.3 -11.2
Efficiency +
Days Payable 204.0 57.0 163.0 300.0 202.0
Days Inventory 1,086.0 753.0 777.0 1,085.0 694.0
Days Receivable 16.0 47.0 24.0 45.0 24.0
Fixed Asset Turnover 11.6 9.8 9.8 10.7 7.5
Total Asset Turnover 0.8 0.6 0.7 0.8 0.6
Working Capital
Cash Conversion Cycle 898.0 743.0 638.0 830.0 516.0
Working Capital Days 87.0 176.0 130.0 94.0 50.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Axis Bank Limited

No. of Loans: 3

Total Amount : 102.7 cr

2

ICICI Bank Limited

No. of Loans: 1

Total Amount : 60.0 cr

3

HDFC Bank Limited

No. of Loans: 1

Total Amount : 50.0 cr

4

Kotak Mahindra Bank Limited

No. of Loans: 2

Total Amount : 35.0 cr

5

State Bank of India

No. of Loans: 1

Total Amount : 25.0 cr

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Charges

Axis Bank Limited
ICICI Bank Limited
HDFC Bank Limited
Kotak Mahindra Bank Limited
Others

People

Designation Name DIN/PAN Tenure
Nominee Director Anish Kumar Saraf 00322784 6 years
Director Saurabh Modi
Shareholder
00906630 3 years
Director Gagan Makar Singh 01097014 3 years
Whole-time Director Meena Bindra
Shareholder
01627149 23 years
Director Pradeep Jyoti Banerjee 02985965 3 years
CS Sachin Agarwal <HIDDEN> 6 years
Kmp Darpan Vashishtha <HIDDEN> 1 years

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Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
KASHIDA APPARELS PRIVATE LIMITED Haryana 2022 ₹ 17.5 Cr
IMA CLOTHING PRIVATE LIMITED Delhi 2012 ₹ 2.5 Cr
BIBA Apparels Trading L.L.C United Arab Emirates - -
BIBA Apparels Trading LLC United Arab Emirates - -

Registered Details

CIN

U74110HR2002PLC083029

PAN

AABCB9274B

Incorporation

2002, 22.8 years

Company Email

CS@BIBAINDIA.COM

Paid up Capital

₹ 125.1 Cr

Authorised Capital

₹ 135.0 Cr

AGM

Jul 2023

Type

Public
Non-government Company

FAQ - BIBA FASHION LIMITED

What is the incorporation date of BIBA FASHION LIMITED?

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The incorporation date of BIBA FASHION LIMITED is 10 July, 2002

What is the authorized share capital of BIBA FASHION LIMITED?

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The authorized share capital of BIBA FASHION LIMITED is INR ₹ 135.0 Cr.

What is the paid-up capital of BIBA FASHION LIMITED?

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The paid-up capital of BIBA FASHION LIMITED is INR ₹ 125.1 Cr.

What is the registered address of BIBA FASHION LIMITED?

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The registered address of BIBA FASHION LIMITED is 13th Floor, Capital Cyber Scape Sector-59, Golf Course Ext ension Road NA Gurugram Gurgaon Haryana - 122102

What is the CIN number of BIBA FASHION LIMITED?

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The CIN number of BIBA FASHION LIMITED is U74110HR2002PLC083029.

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