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- DONEAR
DONEAR
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- 6M
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Summary
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Recent events
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News
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Corporate Actions
Donear Industries Sept-Quarter Consol Profit 105.7 Mln Rupees
Nov 13 (Reuters) - Donear Industries Ltd DONE.NS:
SEPT-QUARTER CONSOL PROFIT 105.7 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.1 BILLION RUPEES
Source text: ID:nBSE789T1v
Further company coverage: DONE.NS
(([email protected];;))
Nov 13 (Reuters) - Donear Industries Ltd DONE.NS:
SEPT-QUARTER CONSOL PROFIT 105.7 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.1 BILLION RUPEES
Source text: ID:nBSE789T1v
Further company coverage: DONE.NS
(([email protected];;))
India's Donear Industries up on stock buy in unit
** Shares of fabrics maker Donear Industries DONE.NS up 2.9%
** Stock hit intraday high earlier in the session, rising 5.2%
** Co acquired shares of unit Neo Stretch, which makes stretchable fabrics
** Acquisition represents 22% of total shareholding
** Stock on track to log second straight monthly loss - down 3.4% in March, longest monthly losing streak since April 2022
** Shares gained ~15% in 2023
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of fabrics maker Donear Industries DONE.NS up 2.9%
** Stock hit intraday high earlier in the session, rising 5.2%
** Co acquired shares of unit Neo Stretch, which makes stretchable fabrics
** Acquisition represents 22% of total shareholding
** Stock on track to log second straight monthly loss - down 3.4% in March, longest monthly losing streak since April 2022
** Shares gained ~15% in 2023
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
India's Donear Industries Sept-Qtr Profit Falls
Nov 8 (Reuters) - Donear Industries Ltd DONE.NS:
INDIA'S DONEAR INDUSTRIES SEPT-QUARTER PROFIT 49.1 MILLION RUPEES VERSUS PROFIT 95.3 MILLION RUPEES
DONEAR INDUSTRIES SEPT-QUARTER REVENUE FROM OPERATIONS 1.7 BILLION RUPEES VERSUS 2.24 BILLION RUPEES
Source text for Eikon: ID:nBSE7SxkVF
Further company coverage: DONE.NS
(([email protected];;))
Nov 8 (Reuters) - Donear Industries Ltd DONE.NS:
INDIA'S DONEAR INDUSTRIES SEPT-QUARTER PROFIT 49.1 MILLION RUPEES VERSUS PROFIT 95.3 MILLION RUPEES
DONEAR INDUSTRIES SEPT-QUARTER REVENUE FROM OPERATIONS 1.7 BILLION RUPEES VERSUS 2.24 BILLION RUPEES
Source text for Eikon: ID:nBSE7SxkVF
Further company coverage: DONE.NS
(([email protected];;))
India's Reliance Retail eligible to submit resolution plan for Future Enterprises bankruptcy
BENGALURU, July 12 (Reuters) - The retail arm of Reliance Industries RELI.NS is among three companies eligible to submit a plan for the debt-ridden Future Enterprises FURE.NS's bankruptcy proceedings, Future's resolution professional disclosed in an exchange filing on Wednesday.
Indian billionaire Mukesh Ambani's Reliance Retail Ventures, galvanised steel sheet maker Jindal (India) and Donear Industries-owned textiles maker GBTL DONE.NS have been listed as prospective resolution applicants for the Future Group company, said Avil Menezes.
Menezes is a court-appointed resolution professional overseeing the company's affairs during the bankruptcy proceedings.
Reliance Retail is also among a list of 49 companies eyeing another Future Group company, Future Retail FRTL.NS.
Future Enterprises houses various businesses such as supply chain solutions and insurance, while Future Retail used to operate brands such as department chain Big Bazaar and supermarket chain Easyday.
Future Retail was dragged into insolvency proceedings by banks in July 2022 after it defaulted on loans and its lenders rejected a $3.4 billion buyout by Reliance amid a legal challenge by Amazon.com Inc AMZN.O. Future Enterprises was admitted to insolvency in March.
In May, Future Retail said it received six bankruptcy resolution bids without disclosing the names of the bidders.
(Reporting by Nandan Mandayam in Bengaluru; Editing by Janane Venkatraman)
(([email protected]; Mobile: +91 9591011727;))
BENGALURU, July 12 (Reuters) - The retail arm of Reliance Industries RELI.NS is among three companies eligible to submit a plan for the debt-ridden Future Enterprises FURE.NS's bankruptcy proceedings, Future's resolution professional disclosed in an exchange filing on Wednesday.
Indian billionaire Mukesh Ambani's Reliance Retail Ventures, galvanised steel sheet maker Jindal (India) and Donear Industries-owned textiles maker GBTL DONE.NS have been listed as prospective resolution applicants for the Future Group company, said Avil Menezes.
Menezes is a court-appointed resolution professional overseeing the company's affairs during the bankruptcy proceedings.
Reliance Retail is also among a list of 49 companies eyeing another Future Group company, Future Retail FRTL.NS.
Future Enterprises houses various businesses such as supply chain solutions and insurance, while Future Retail used to operate brands such as department chain Big Bazaar and supermarket chain Easyday.
Future Retail was dragged into insolvency proceedings by banks in July 2022 after it defaulted on loans and its lenders rejected a $3.4 billion buyout by Reliance amid a legal challenge by Amazon.com Inc AMZN.O. Future Enterprises was admitted to insolvency in March.
In May, Future Retail said it received six bankruptcy resolution bids without disclosing the names of the bidders.
(Reporting by Nandan Mandayam in Bengaluru; Editing by Janane Venkatraman)
(([email protected]; Mobile: +91 9591011727;))
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Popular questions
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What does Donear Inds do?
Donear Industries Ltd specializes in manufacturing a wide range of fabrics for Menswear & Womenswear, including Polyester Viscose Blends, Cotton Fabrics, and Wool Fabrics.
Who are the competitors of Donear Inds?
Donear Inds major competitors are Nandan Denim, Ashima, Ruby Mills, Orbit Exports, Nahar Ind.Enterprise, Swaraj Suiting, R&B Denims. Market Cap of Donear Inds is ₹598 Crs. While the median market cap of its peers are ₹561 Crs.
Is Donear Inds financially stable compared to its competitors?
Donear Inds seems to be less financially stable compared to its competitors. Altman Z score of Donear Inds is 2.74 and is ranked 6 out of its 8 competitors.
Does Donear Inds pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Donear Inds latest dividend payout ratio is 3.0% and 3yr average dividend payout ratio is 3.48%
How has Donear Inds allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Donear Inds balance sheet?
Balance sheet of Donear Inds is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Donear Inds improving?
The profit is oscillating. The profit of Donear Inds is ₹46.17 Crs for TTM, ₹34.71 Crs for Mar 2024 and ₹36.24 Crs for Mar 2023.
Is the debt of Donear Inds increasing or decreasing?
Yes, The debt of Donear Inds is increasing. Latest debt of Donear Inds is ₹381 Crs as of Sep-24. This is greater than Mar-24 when it was ₹307 Crs.
Is Donear Inds stock expensive?
Donear Inds is not expensive. Latest PE of Donear Inds is 12.95, while 3 year average PE is 16.67. Also latest EV/EBITDA of Donear Inds is 9.91 while 3yr average is 15.04.
Has the share price of Donear Inds grown faster than its competition?
Donear Inds has given better returns compared to its competitors. Donear Inds has grown at ~22.14% over the last 3yrs while peers have grown at a median rate of 2.45%
Is the promoter bullish about Donear Inds?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Donear Inds is 74.56% and last quarter promoter holding is 74.56%.
Are mutual funds buying/selling Donear Inds?
There is Insufficient data to gauge this.