---
title: "Evinix Industries Ltd (EVINIX) — Share Price, Financials & Analysis"
symbol: "EVINIX"
company: "Evinix Industries Ltd"
canonical: "https://tapetide.com/stocks/EVINIX"
generated_at: "2026-10-13T11:53:43.644Z"
---

# Evinix Industries Ltd (EVINIX)

Canonical page: https://tapetide.com/stocks/EVINIX

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** evinix.in

## About

Evinix Industries Limited, formerly Evinix Accessories Limited (Evinix), is an India-based company. The Company is engaged in the manufacture of headgears, baseball caps and high altitude jackets, using cotton textile and leather.

## Latest Price

## Key Insights

### Weaknesses

- Stock is trading at 59.7 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 5.76% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -64% | -44% | -15% |
| revenue growth | 29% | 20% | 35% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 |
| --- | --- | --- |
| Sales | 21.16 | 0.16 |
| Expenses | 23.92 | 0.35 |
| Operating Profit | -2.76 | -0.19 |
| OPM % | -13.04 | -118.75 |
| Other Income | 0 | 0 |
| Interest | 0 | 0 |
| Depreciation | 0.06 | 0.04 |
| Profit before tax | -2.82 | -0.23 |
| Tax % | 0 | 0 |
| Net Profit | -2.82 | -0.23 |
| EPS in Rs | -0.26 | -0.02 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 47 | 68 | 119 | 122 | 160 | 207 |
| Expenses | 39 | 58 | 97 | 108 | 144 | 192 |
| Operating Profit | 8 | 10 | 22 | 14 | 17 | 15 |
| OPM % | 16 | 15 | 18 | 11 | 10 | 7 |
| Other Income | 1 | 0 | -1 | 2 | 0 | 1 |
| Interest | 1 | 1 | 3 | 6 | 8 | 10 |
| Depreciation | 0 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 7 | 9 | 17 | 8 | 7 | 4 |
| Tax % | 22 | 25 | 24 | 33 | -2 | 28 |
| Net Profit | 6 | 6 | 13 | 5 | 7 | 3 |
| EPS in Rs | — | 6 | 11.99 | 0.5 | 0.68 | 0.24 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 9 | 54 | 67 | 72 | 79 | 80 |
| Borrowings | 3 | 11 | 36 | 48 | 60 | 82 |
| Other Liabilities | 10 | 10 | 19 | 23 | 27 | 48 |
| Total Liabilities | 29 | 86 | 132 | 154 | 178 | 221 |
| Fixed Assets | 8 | 14 | 23 | 42 | 41 | 46 |
| CWIP | 3 | 3 | 1 | 1 | 4 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 18 | 69 | 109 | 111 | 132 | 176 |
| Total Assets | 29 | 86 | 132 | 154 | 178 | 221 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1 | -11 | -1 | 16 | 6 | — |
| Cash from Investing Activity | -8 | -10 | -10 | -24 | -5 | — |
| Cash from Financing Activity | 8 | 42 | 0 | -1 | -1 | — |
| Net Cash Flow | 1 | 20 | -11 | -8 | 1 | — |
| Free Cash Flow | -8 | -18 | -9 | -4 | 1 | — |
| CFO/OP | 22 | -94 | 13 | 126 | 41 | — |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 68 | 125 | 126 | 146 | 125 | 136 |
| Inventory Days | 69 | 128 | 210 | 205 | 190 | 217 |
| Days Payable | 96 | 49 | 66 | 76 | 70 | 0 |
| Cash Conversion Cycle | 42 | 205 | 270 | 275 | 246 | 352 |
| Working Capital Days | 64 | 182 | 225 | 236 | 216 | 213 |
| ROCE % | — | 21 | 23 | 11 | 11 | 8 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/532818/5328180311.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:53:43.644Z.