MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0004276
R & B Denims Limited - appreal & fashion in Surat, Gujarat, India. FY 2026 financials & compliance.
Active Listed - NSE: RNBDENIMS · BSE: 538119 Public Limited Company appreal and fashion MSME · Medium
Market Cap
₹191 Cr
RNBDENIMS · NSE
Share Price
₹6.85
-3.25% today
Revenue
₹466 Cr
FY 2025-26 · +27.0% YoY
EBITDA
₹40.32 Cr
Margin 8.7%
Net Profit
₹18.97 Cr
FY 2025-26 · -26.8% YoY
P/E (TTM)
10.1x
P/B 1.1x
ROE
9.9%
ROCE 12.8%
Debt / Equity
0.44
Interest cover 32.2x
About R & B Denims Limited
Data last updated:
R & B Denims Limited is a public limited company based in Surat, Gujarat, India. It operates in the apparel and garments segment of the apparel and fashion sector. It was incorporated on 17 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17120GJ2010PLC062949. Its GSTIN is 24AAFCR0142Q1ZA (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 538119 and NSE: RNBDENIMS.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹26.99 Cr. It was formerly known as R & B Denims Private Limited. It is led by directors including Amit Dalmia (Managing Director) and Deepak Dalmia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 05 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Block No. 467 Sachin Palsana Road Palsana, Surat, Gujarat, India – 394315.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹465.92 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹18.97 Cr (net margin 4.1%) and EBITDA of ₹40.32 Cr (EBITDA margin 8.7%). The net worth stands at ₹200.11 Cr (up 9.4% YoY). Total assets are valued at ₹326.69 Cr (up 10.7% YoY).
The company has about 107 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: R & B Denims. As per MCA filings, the company has open charges of ₹117.12 Cr and satisfied charges of ₹133.98 Cr on record. The company has 60 deals on record (59 market trades, 1 ipo); the latest was in April 2026. Its 9 peer companies in the Apparel industry (Denim Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 4 smaller; the largest is Jindal Worldwide Limited with revenue of ₹2,290.78 Cr. The company has 7 MSME Form 1 returns on record between 2017 and 2021, listing 1,569 overdue payments to 103 micro and small suppliers.
R & B Denims Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0004276). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rnbdenims.com.
Company details
CIN L17120GJ2010PLC062949
Registration Number 062949
Incorporation Date 17 November 2010
ROC Ahmedabad
Listing Status Listed - Listed on NSE (RNBDENIMS); Listed on BSE (538119)
Company Status Active
Date of Last AGM 05 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0004276
CIN history
R & B Denims has one previous CIN (Corporate Identification Number): U17120GJ2010PLC062949. The current CIN is L17120GJ2010PLC062949, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17120GJ2010PLC062949 | Current |
| U17120GJ2010PLC062949 | Previous |
Key People
Amit Dalmia Managing Director Deepak Dalmia Whole-Time Director Nirmit Dalmia Whole-Time Director Recognitions & Rankings of R & B Denims
Contact details
R & B Denims Limited's registered office is in Surat, Gujarat. Its website is rnbdenims.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No. 467 Sachin Palsana Road Palsana, Surat, Gujarat, India – 394315
- IndustryAppreal & Fashion, Apparel, Textile, Leather
To see the full contact details of R & B Denims Limited, buy the company report.
Comprehensive company report
R & B Denims Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
R & B Denims operates one associated brand: R & B Denims. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Contract manufacturer of denims | rnbdenims.com |
Business activity
The main business activity of R & B Denims is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of R & B Denims Limited, buy the company report.
Financials of R & B Denims Limited
FY 2025-26 filings availableR & B Denims Limited reported revenue of ₹465.92 Cr (up 27% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹466 Cr
+27.0% YoY
EBITDA
₹40.32 Cr
-10.5% YoY
Profit After Tax
₹18.97 Cr
-26.8% YoY
Net Worth
₹200 Cr
+9.4% YoY
Total Assets
₹327 Cr
+10.7% YoY
Total Debt
₹74.00 Cr
-21.5% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 466 | 367 | 349 | 263 | 293 | 182 | 257 |
| Revenue growth | +27.0% | +5.1% | +32.8% | -10.4% | +60.9% | -29.1% | - |
| EBITDA | 40.32 | 45.03 | 48.83 | 34.27 | 42.30 | 25.46 | 19.76 |
| EBITDA margin | +8.7% | +12.3% | +14.0% | +13.0% | +14.4% | +14.0% | +7.7% |
| Profit before tax | 32.70 | 37.21 | 30.34 | 21.10 | 29.46 | 14.21 | 5.33 |
| Net profit | 18.97 | 25.93 | 18.39 | 13.22 | 20.05 | 8.30 | 3.30 |
| Net profit margin | +4.1% | +7.1% | +5.3% | +5.0% | +6.8% | +4.6% | +1.3% |
| EPS (₹) | 1.38 | 3.05 | 2.08 | 2.13 | 3.02 | 5.92 | 2.36 |
| Balance sheet | |||||||
| Total assets | 327 | 295 | 248 | 131 | 152 | 114 | 106 |
| Net worth | 200 | 183 | 162 | 79.28 | 64.28 | 43.11 | 34.65 |
| Total debt | 74.00 | 94.24 | 68.06 | 51.68 | 86.13 | 68.05 | 69.91 |
| Cash & bank | 2.48 | 5.58 | 4.04 | 7.97 | 13.35 | 3.82 | 3.44 |
| Net working capital | 162 | 141 | 148 | 61.85 | 88.32 | 50.74 | 56.25 |
| Cash flow | |||||||
| Cash from operations | 8.96 | 23.22 | 24.40 | 58.90 | 16.22 | 15.99 | 5.57 |
| Cash from investing | (12.75) | (40.14) | (20.27) | (16.72) | (18.57) | (10.80) | 1.76 |
| Cash from financing | (2.28) | 24.55 | (8.06) | (47.56) | 11.88 | (4.80) | (4.03) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 119 | 138 | 113 | 113 | 103 | 99.79 | 95.26 | 93.35 |
| Revenue growth (YoY) | +16.3% | +37.9% | +18.7% | +20.7% | +30.9% | - | - | - |
| Other income | 3.21 | 3.12 | 5.35 | 2.93 | 5.94 | 2.99 | 9.93 | 1.31 |
| EBITDA | 8.70 | 6.05 | 11.00 | 11.99 | 11.28 | 12.18 | 11.25 | 10.97 |
| EBITDA margin | +7.4% | +4.5% | +9.9% | +11.0% | +11.1% | +12.4% | +11.9% | +11.8% |
| Depreciation | 4.17 | 6.19 | 3.96 | 3.75 | 3.78 | 3.97 | 4.24 | 4.08 |
| Interest | 1.70 | 1.69 | 1.68 | 1.85 | 2.06 | 0.59 | 3.32 | 1.82 |
| Profit before tax | 6.04 | 1.29 | 10.71 | 9.32 | 11.38 | 10.61 | 13.62 | 6.38 |
| Tax | 1.66 | 0.17 | 2.42 | 2.19 | 3.16 | 3.00 | 3.52 | 1.74 |
| Net profit | 4.38 | 1.12 | 8.29 | 7.13 | 8.22 | 7.61 | 10.10 | 4.64 |
| EPS (₹) | 0.17 | 0.13 | 0.93 | 0.79 | 0.74 | 0.71 | 1.12 | 0.28 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 291 | 236 | 262 | 276 | 296 | 174 | 258 |
| Revenue growth | +23.3% | -10.0% | -5.0% | -6.8% | +70.1% | -32.5% | - |
| EBITDA | 19.04 | 25.85 | 32.41 | 24.54 | 34.44 | 14.19 | 12.32 |
| EBITDA margin | +6.5% | +11.0% | +12.4% | +8.9% | +11.6% | +8.2% | +4.8% |
| Profit before tax | 19.50 | 27.42 | 24.91 | 19.90 | 28.06 | 10.17 | 4.53 |
| Net profit | 14.43 | 20.40 | 18.43 | 13.20 | 20.04 | 8.33 | 3.29 |
| Net profit margin | +5.0% | +8.6% | +7.0% | +4.8% | +6.8% | +4.8% | +1.3% |
| EPS (₹) | 0.80 | 2.32 | 2.08 | 2.13 | 3.02 | 5.95 | 2.35 |
| Balance sheet | |||||||
| Total assets | 235 | 231 | 195 | 114 | 123 | 94.56 | 85.21 |
| Net worth | 198 | 183 | 162 | 79.27 | 64.29 | 43.11 | 34.65 |
| Total debt | 37.33 | 47.59 | 32.55 | 34.25 | 57.33 | 46.54 | 45.88 |
| Cash & bank | 0.29 | 5.30 | 2.13 | 5.47 | 12.90 | 3.48 | 3.20 |
| Net working capital | 80.13 | 66.94 | 88.72 | 45.24 | 69.32 | 38.96 | 42.20 |
| Cash flow | |||||||
| Cash from operations | (5.02) | 9.06 | 9.44 | 38.15 | 14.88 | 8.46 | 5.11 |
| Cash from investing | 11.89 | (16.32) | (42.24) | (18.88) | (6.91) | (7.76) | (1.84) |
| Cash from financing | (13.01) | 11.96 | 29.45 | (26.69) | 1.44 | (0.42) | (0.15) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 81.61 | 89.36 | 70.21 | 60.14 | 71.37 | 65.55 | 69.24 | 54.82 |
| Revenue growth (YoY) | +14.4% | +36.3% | +1.4% | +9.7% | +53.4% | - | - | - |
| Other income | 6.36 | (0.33) | 3.16 | 3.62 | 2.88 | 3.06 | 3.98 | 1.59 |
| Total expenses | 79.25 | 88.86 | 64.16 | 55.12 | 63.91 | 58.33 | 62.77 | 48.26 |
| EBITDA | 2.36 | 0.50 | 6.05 | 5.02 | 7.46 | 7.22 | 6.47 | 6.56 |
| EBITDA margin | +2.9% | +0.6% | +8.7% | +8.4% | +10.6% | +11.3% | +9.5% | +12.0% |
| Depreciation | 1.34 | 1.54 | 1.54 | 1.50 | 1.48 | 1.60 | 1.85 | 1.74 |
| Interest | 0.44 | 0.59 | 0.71 | 0.73 | 0.79 | 1.00 | 0.73 | 0.76 |
| Profit before tax | 6.94 | (1.96) | 6.96 | 6.41 | 8.07 | 7.68 | 7.87 | 5.65 |
| Tax | 1.30 | (0.40) | 1.67 | 1.82 | 1.98 | 1.61 | 1.80 | 1.47 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 119 | 138 | 113 | 113 | 103 | 99.79 | 95.26 | 93.35 |
| Revenue growth (YoY) | +16.3% | +37.9% | +18.7% | +20.7% | +30.9% | - | - | - |
| Other income | 3.21 | 3.12 | 5.35 | 2.93 | 5.94 | 2.99 | 9.93 | 1.31 |
| EBITDA | 8.70 | 6.05 | 11.00 | 11.99 | 11.28 | 12.18 | 11.25 | 10.97 |
| EBITDA margin | +7.4% | +4.5% | +9.9% | +11.0% | +11.1% | +12.4% | +11.9% | +11.8% |
| Depreciation | 4.17 | 6.19 | 3.96 | 3.75 | 3.78 | 3.97 | 4.24 | 4.08 |
| Interest | 1.70 | 1.69 | 1.68 | 1.85 | 2.06 | 0.59 | 3.32 | 1.82 |
| Profit before tax | 6.04 | 1.29 | 10.71 | 9.32 | 11.38 | 10.61 | 13.62 | 6.38 |
| Tax | 1.66 | 0.17 | 2.42 | 2.19 | 3.16 | 3.00 | 3.52 | 1.74 |
| Net profit | 4.38 | 1.12 | 8.29 | 7.13 | 8.22 | 7.61 | 10.10 | 4.64 |
| EPS (₹) | 0.17 | 0.13 | 0.93 | 0.79 | 0.74 | 0.71 | 1.12 | 0.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 466 | 367 | 349 | 263 | 293 | 182 | 257 |
| Revenue growth | +27.0% | +5.1% | +32.8% | -10.4% | +60.9% | -29.1% | - |
| Other income | 17.34 | 16.13 | 3.51 | 4.70 | 2.61 | 1.08 | 0.25 |
| Total expenses | 426 | 322 | 300 | 228 | 251 | 157 | 237 |
| Employee cost | 26.34 | 26.05 | 21.66 | 15.06 | 15.55 | 10.74 | 14.19 |
| EBITDA | 40.32 | 45.03 | 48.83 | 34.27 | 42.30 | 25.46 | 19.76 |
| EBITDA margin | +8.7% | +12.3% | +14.0% | +13.0% | +14.4% | +14.0% | +7.7% |
| Depreciation | 17.68 | 16.46 | 16.65 | 12.44 | 9.76 | 6.57 | 8.56 |
| Interest | 7.28 | 7.49 | 5.35 | 5.43 | 5.69 | 5.76 | 6.12 |
| Profit before tax | 32.70 | 37.21 | 30.34 | 21.10 | 29.46 | 14.21 | 5.33 |
| Tax | 7.93 | 9.74 | 8.37 | 5.65 | 7.81 | 3.97 | 1.84 |
| Net profit | 18.97 | 25.93 | 18.39 | 13.22 | 20.05 | 8.30 | 3.30 |
| Net profit margin | +4.1% | +7.1% | +5.3% | +5.0% | +6.8% | +4.6% | +1.3% |
| EPS (₹) | 1.38 | 3.05 | 2.08 | 2.13 | 3.02 | 5.92 | 2.36 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 17.99 | 17.99 | 17.99 | 13.99 | 13.99 | 13.99 | 13.99 |
| Reserves & surplus | 182 | 165 | 144 | 65.29 | 50.29 | 29.12 | 20.66 |
| Shareholders' funds (net worth) | 200 | 183 | 162 | 79.28 | 64.28 | 43.11 | 34.65 |
| Minority interest | 52.00 | 17.35 | 17.77 | 0.18 | 0.17 | (2.41) | (3.39) |
| Secured loans | 61.23 | 83.92 | 64.70 | 42.60 | 66.90 | 48.18 | 54.33 |
| Unsecured loans | 12.77 | 10.32 | 3.36 | 9.08 | 19.23 | 19.87 | 15.58 |
| Total debt | 74.00 | 94.24 | 68.06 | 51.68 | 86.13 | 68.05 | 69.91 |
| Total liabilities | 327 | 295 | 248 | 131 | 152 | 114 | 106 |
| Assets | |||||||
| Gross block | 180 | 148 | 148 | 106 | 95.74 | 67.00 | 100 |
| Net block | 95.15 | 81.88 | 98.38 | 68.66 | 60.97 | 36.19 | 45.91 |
| Capital work in progress | 3.96 | 6.55 | 0.01 | 0.00 | 0.15 | 14.39 | 0.00 |
| Investments | 37.99 | 14.64 | 2.02 | 1.32 | 1.31 | 1.25 | 0.99 |
| Inventories | 77.16 | 68.07 | 53.17 | 19.85 | 29.12 | 17.41 | 27.12 |
| Sundry debtors | 87.88 | 63.14 | 68.17 | 30.80 | 56.11 | 36.65 | 51.26 |
| Cash & bank balances | 2.48 | 5.58 | 4.04 | 7.97 | 13.35 | 3.82 | 3.44 |
| Loans & advances | 21.13 | 24.97 | 54.35 | 23.93 | 21.05 | 16.45 | 13.65 |
| Total current assets | 189 | 162 | 180 | 82.55 | 120 | 74.33 | 95.47 |
| Total current liabilities | 27.01 | 20.35 | 31.56 | 20.70 | 31.31 | 23.59 | 39.22 |
| Net working capital | 162 | 141 | 148 | 61.85 | 88.32 | 50.74 | 56.25 |
| Total assets | 327 | 295 | 248 | 131 | 152 | 114 | 106 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 11.66 | 4.04 | 7.97 | 13.35 | 3.82 | 3.44 | 0.14 |
| Net cash from operating activities | 8.96 | 23.22 | 24.40 | 58.90 | 16.22 | 15.99 | 5.57 |
| Net cash from investing activities | (12.75) | (40.14) | (20.27) | (16.72) | (18.57) | (10.80) | 1.76 |
| Net cash from financing activities | (2.28) | 24.55 | (8.06) | (47.56) | 11.88 | (4.80) | (4.03) |
| Net change in cash | (6.07) | 7.62 | (3.93) | (5.38) | 9.52 | 0.39 | 3.30 |
| Closing cash | 2.48 | 5.58 | 4.04 | 7.97 | 13.35 | 3.82 | 3.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +27.0% | +5.1% | +32.8% | -10.4% | +60.9% | -29.1% | - |
| EBITDA growth | -10.5% | -7.8% | +42.5% | -19.0% | +66.1% | +28.9% | - |
| PBT growth | -12.1% | +22.6% | +43.8% | -28.4% | +107.3% | +166.6% | -20.1% |
| Net income growth | -26.8% | +41.0% | +39.1% | -34.1% | +141.6% | +151.5% | - |
| Revenue CAGR (3Y) | +21.0% | +7.8% | +24.2% | +0.8% | +6.3% | - | - |
| EBITDA CAGR (3Y) | +5.6% | +2.1% | +24.2% | +20.2% | +22.4% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +5.3% | +7.5% | +6.3% | +5.9% | +7.4% | +5.6% | +1.4% |
| Return on capital employed | +12.8% | +17.6% | +19.8% | +17.2% | +26.3% | +17.7% | +10.4% |
| Return on net worth | +9.9% | +15.9% | +18.2% | +19.3% | +40.3% | +26.3% | +9.5% |
| Debt / equity | 0.44 | 0.47 | 0.50 | 0.96 | 1.44 | 1.77 | 1.90 |
| Long-term debt / equity | 0.06 | 0.11 | 0.27 | 0.55 | 0.68 | 0.68 | 0.54 |
| Interest cover | 32.16 | 26.22 | 16.63 | 24.87 | 17.49 | 30.49 | 54.64 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.84 | 2.48 | 2.76 | 2.61 | 3.60 | 2.18 | 2.85 |
| Inventory turnover | 6.42 | 6.05 | 9.56 | 10.73 | 12.60 | 8.18 | 9.00 |
| Debtors turnover | 6.17 | 5.59 | 7.05 | 6.05 | 6.32 | 4.15 | 6.19 |
| EPS (₹) | 1.38 | 3.05 | 2.08 | 2.13 | 3.02 | 5.92 | 2.36 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 11.12 | 20.34 | 18.00 | 11.33 | 9.19 | 30.81 | 24.76 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 81.61 | 89.36 | 70.21 | 60.14 | 71.37 | 65.55 | 69.24 | 54.82 |
| Revenue growth (YoY) | +14.4% | +36.3% | +1.4% | +9.7% | +53.4% | - | - | - |
| Other income | 6.36 | (0.33) | 3.16 | 3.62 | 2.88 | 3.06 | 3.98 | 1.59 |
| Total expenses | 79.25 | 88.86 | 64.16 | 55.12 | 63.91 | 58.33 | 62.77 | 48.26 |
| EBITDA | 2.36 | 0.50 | 6.05 | 5.02 | 7.46 | 7.22 | 6.47 | 6.56 |
| EBITDA margin | +2.9% | +0.6% | +8.7% | +8.4% | +10.6% | +11.3% | +9.5% | +12.0% |
| Depreciation | 1.34 | 1.54 | 1.54 | 1.50 | 1.48 | 1.60 | 1.85 | 1.74 |
| Interest | 0.44 | 0.59 | 0.71 | 0.73 | 0.79 | 1.00 | 0.73 | 0.76 |
| Profit before tax | 6.94 | (1.96) | 6.96 | 6.41 | 8.07 | 7.68 | 7.87 | 5.65 |
| Tax | 1.30 | (0.40) | 1.67 | 1.82 | 1.98 | 1.61 | 1.80 | 1.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 291 | 236 | 262 | 276 | 296 | 174 | 258 |
| Revenue growth | +23.3% | -10.0% | -5.0% | -6.8% | +70.1% | -32.5% | - |
| Other income | 9.33 | 11.85 | 3.13 | 4.78 | 2.52 | 3.51 | 0.45 |
| Total expenses | 272 | 210 | 230 | 252 | 262 | 160 | 246 |
| Employee cost | 13.02 | 12.40 | 12.35 | 11.26 | 11.64 | 7.84 | 10.38 |
| EBITDA | 19.04 | 25.85 | 32.41 | 24.54 | 34.44 | 14.19 | 12.32 |
| EBITDA margin | +6.5% | +11.0% | +12.4% | +8.9% | +11.6% | +8.2% | +4.8% |
| Depreciation | 6.05 | 7.03 | 7.36 | 5.97 | 4.70 | 3.68 | 4.59 |
| Interest | 2.82 | 3.25 | 3.27 | 3.45 | 4.20 | 3.85 | 3.65 |
| Profit before tax | 19.50 | 27.42 | 24.91 | 19.90 | 28.06 | 10.17 | 4.53 |
| Tax | 5.06 | 6.48 | 6.17 | 5.01 | 6.94 | 1.84 | 1.24 |
| Net profit | 14.43 | 20.40 | 18.43 | 13.20 | 20.04 | 8.33 | 3.29 |
| Net profit margin | +5.0% | +8.6% | +7.0% | +4.8% | +6.8% | +4.8% | +1.3% |
| EPS (₹) | 0.80 | 2.32 | 2.08 | 2.13 | 3.02 | 5.95 | 2.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 17.99 | 17.99 | 17.99 | 13.99 | 13.99 | 13.99 | 13.99 |
| Reserves & surplus | 180 | 165 | 144 | 65.28 | 50.30 | 29.12 | 20.66 |
| Shareholders' funds (net worth) | 198 | 183 | 162 | 79.27 | 64.29 | 43.11 | 34.65 |
| Secured loans | 33.77 | 44.03 | 31.99 | 33.69 | 56.77 | 43.98 | 40.67 |
| Unsecured loans | 3.56 | 3.56 | 0.56 | 0.56 | 0.56 | 2.56 | 5.21 |
| Total debt | 37.33 | 47.59 | 32.55 | 34.25 | 57.33 | 46.54 | 45.88 |
| Total liabilities | 235 | 231 | 195 | 114 | 123 | 94.56 | 85.21 |
| Assets | |||||||
| Gross block | 83.55 | 80.66 | 81.99 | 77.34 | 63.97 | 71.50 | 71.29 |
| Net block | 34.27 | 37.04 | 45.37 | 46.95 | 34.26 | 17.37 | 20.84 |
| Capital work in progress | 0.00 | 1.25 | 0.00 | 0.00 | 0.15 | 13.13 | 0.00 |
| Investments | 96.55 | 84.01 | 61.96 | 22.74 | 18.71 | 17.88 | 19.96 |
| Inventories | 35.19 | 31.06 | 18.10 | 17.34 | 11.90 | 9.59 | 20.72 |
| Sundry debtors | 56.86 | 39.23 | 49.70 | 31.94 | 61.69 | 41.00 | 54.84 |
| Cash & bank balances | 0.29 | 5.30 | 2.13 | 5.47 | 12.90 | 3.48 | 3.20 |
| Loans & advances | 6.42 | 6.84 | 45.72 | 16.77 | 12.84 | 7.91 | 9.08 |
| Total current assets | 98.76 | 82.43 | 116 | 71.52 | 99.33 | 61.98 | 87.84 |
| Total current liabilities | 18.63 | 15.49 | 26.93 | 26.28 | 30.01 | 23.02 | 45.64 |
| Net working capital | 80.13 | 66.94 | 88.72 | 45.24 | 69.32 | 38.96 | 42.20 |
| Total assets | 235 | 231 | 195 | 114 | 123 | 94.56 | 85.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.81 | 2.13 | 5.47 | 12.90 | 3.48 | 3.20 | 0.07 |
| Net cash from operating activities | (5.02) | 9.06 | 9.44 | 38.15 | 14.88 | 8.46 | 5.11 |
| Net cash from investing activities | 11.89 | (16.32) | (42.24) | (18.88) | (6.91) | (7.76) | (1.84) |
| Net cash from financing activities | (13.01) | 11.96 | 29.45 | (26.69) | 1.44 | (0.42) | (0.15) |
| Net change in cash | (6.14) | 4.69 | (3.34) | (7.43) | 9.41 | 0.28 | 3.13 |
| Closing cash | 0.29 | 5.30 | 2.13 | 5.47 | 12.90 | 3.48 | 3.20 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +23.3% | -10.0% | -5.0% | -6.8% | +70.1% | -32.5% | - |
| EBITDA growth | -26.3% | -20.2% | +32.1% | -28.8% | +142.7% | +15.2% | - |
| PBT growth | -28.9% | +10.1% | +25.2% | -29.1% | +175.9% | +124.5% | -10.3% |
| Net income growth | -29.3% | +10.7% | +39.6% | -34.1% | +140.6% | +153.2% | - |
| Revenue CAGR (3Y) | +1.8% | -7.3% | +14.6% | +2.3% | +6.1% | -7.1% | +8.0% |
| EBITDA CAGR (3Y) | -8.1% | -9.1% | +31.7% | +25.8% | +38.2% | -1.5% | -0.1% |
| Profitability & leverage | |||||||
| Net income margin | +5.0% | +8.9% | +7.2% | +5.4% | +7.1% | +4.8% | +1.3% |
| Return on capital employed | +9.6% | +14.4% | +18.3% | +17.9% | +29.7% | +15.6% | +9.6% |
| Return on net worth | +7.6% | +12.1% | +15.5% | +18.4% | +39.3% | +21.4% | +8.9% |
| Debt / equity | 0.22 | 0.23 | 0.28 | 0.64 | 0.97 | 1.19 | 1.23 |
| Long-term debt / equity | 0.01 | 0.04 | 0.16 | 0.33 | 0.41 | 0.39 | 0.24 |
| Interest cover | 21.71 | 17.27 | 13.05 | 18.58 | 14.12 | 36.63 | 47.22 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.55 | 2.90 | 3.29 | 3.91 | 4.37 | 2.44 | 4.52 |
| Inventory turnover | 8.79 | 9.61 | 14.80 | 18.88 | 27.57 | 11.49 | 10.86 |
| Debtors turnover | 6.06 | 5.31 | 6.42 | 5.90 | 5.77 | 3.63 | 5.92 |
| EPS (₹) | 0.80 | 2.32 | 2.08 | 2.13 | 3.02 | 5.95 | 2.35 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 10.98 | 20.34 | 18.01 | 11.33 | 9.19 | 30.81 | 24.76 |
To see the full year-wise statements and ratios of R & B Denims Limited, buy the company report.
Board of directors of R & B Denims Limited
R & B Denims has 10 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajkumar Mangilal Borana Also directs: Borana Industries LLP, Borana Weaves Limited, Borana Filaments Private Limited and 2 more | Director | 17 Nov 2010 | 15 Years 11 Months | Current |
| Amit Dalmia Also directs: Rawatkhedia Silk Mill LLP, Vega Freight World LLP, Nivika Syntex Private Limited and 1 more | Managing Director | 17 Nov 2010 | 15 Years 11 Months | Current |
| Deepak Dalmia | Whole-Time Director | 17 Nov 2010 | 15 Years 11 Months | Current |
| Ankur Mangilal Borana | Director | 17 Nov 2010 | 15 Years 11 Months | Current |
| Anita Pankaj Jain | Director | 23 Mar 2023 | 3 Years 7 Months | Current |
| Nitika Abhishek Soni Also directs: Borana Weaves Limited | Director | 15 May 2025 | 1 Years 5 Months | Current |
Showing 6 of 10 current directors. View all directors
Peer comparison
R & B Denims Limited is compared with the 9 companies closest to it by revenue in the Apparel industry (Denim Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jindal Worldwide Limited | ₹2,290.78 Cr (FY 2025) | 26.0% | Ahmedabad, Gujarat, India | |||
| Vishal Fabrics Limited | ₹1,521.43 Cr (FY 2025) | 5.0% | Sanand, Gujarat, India | |||
| Raymond Uco Denim Private Limited | ₹971.21 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Bhaskar Industries Private Limited | ₹765.44 Cr (FY 2025) | 5.0% | Bhopal, Madhya Pradesh, India | |||
| Shanti Spintex Limited | ₹710.46 Cr (FY 2025) | 40.0% | Ahmedabad, Gujarat, India | |||
| R & B Denims Limitedthis company | ₹465.92 Cr (FY 2026) | ₹18.97 Cr | 4.1% | 27.0% | 107 | Surat, Gujarat, India |
| Super Gold Suitings Private Limited | ₹369.32 Cr (FY 2025) | 27.0% | Bhilwara, Rajasthan, India | |||
| Nova Textiles Private Limited | ₹283.02 Cr (FY 2025) | -39.0% | Mumbai, Maharashtra, India | |||
| Signet Denim Private Limited | ₹242.2 Cr (FY 2025) | 20.0% | Bhilwara, Rajasthan, India | |||
| Partap Fabrics Private Limited | ₹236.54 Cr (FY 2025) | -10.0% | Ambala, Haryana, India |
To see the full peer comparison of R & B Denims Limited, buy the company report.
Auditor
R & B Denims Limited is audited by PRADEEP K. SINGHI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADEEP K. SINGHI & ASSOCIATES | FY 2023 | 126027W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 57.40%, foreign institutional investors hold 3.80%, domestic institutional investors hold 0.20% and retail and other public shareholders hold 38.60%.
Sep 2026
QUARTER
57.40% Promoters
0.20% DII (Domestic Institutional)
3.80% FII (Foreign Institutional)
38.60% Retail & Others
Promoter holding - history
Now 57.40% · Sep 2026High 57.40% · Dec 2025Low 57.40% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 57.40% | 57.40% | 57.40% | 57.40% |
| Public | 42.60% | 42.60% | 42.60% | 42.60% |
Charges & borrowings
Open charges
₹117.12 Cr
Satisfied charges
₹133.98 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2022 | 100580338 | Others | ₹27.68 Cr | Open | |
| 29 Mar 2022 | 100563532 | Others | ₹27.68 Cr | Open | |
| 05 Oct 2018 | 100213140 | Axis Bank Limited | ₹44.92 Cr | Open | |
| 14 Aug 2015 | 10588775 | Others | ₹8.42 Cr | Open | |
| 17 Jul 2015 | 10581834 | Others | ₹8.42 Cr | Open |
To see the full charge records of R & B Denims Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
R & B Denims Limited has 60 deals on record (59 market trades, 1 ipo); the latest was in April 2026.
Total deals
60
Market trades
59
IPO
1
Deals on record (5 of 60)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2026 | Market trade | ₹3.94 Cr | Buyer: Neo Apex Share Broking Services LLP Seller: Neo Apex Share Broking Services LLP |
| Apr 2026 | Market trade | ₹1.84 Cr | Buyer: Neo Apex Share Broking Services LLP |
| Feb 2026 | Market trade | ₹28.63 Cr | Buyer: L7 Hitech Private Limited , an individual Seller: L7 Hitech Private Limited , an individual |
| Feb 2026 | Market trade | ₹56.38 Cr | Buyer: Komalay Investrade Private Limited , L7 Hitech Private Limited , Pine Oak Global Fund, an individual Seller: L7 Hitech Private Limited , Bluepeak Consultancy LLP , 2 individuals |
| Feb 2026 | Market trade | ₹25.95 Cr | Buyer: L7 Hitech Private Limited , an individual Seller: L7 Hitech Private Limited , an individual |
To see the full deal history of R & B Denims Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving R & B Denims Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
R & B Denims Limited was last rated by Crisil on 30 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Nov 2020 |
To see the full credit ratings and regulatory alerts of R & B Denims Limited, buy the company report.
MSME payment delays
R & B Denims Limited has 7 MSME Form 1 returns on record between 2017 and 2021, listing 1,569 overdue payments to 103 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 103)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Balaji Industrial Store | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Khushi Dyechem Private Limited |
To see the full MSME payment records of R & B Denims Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
R & B Denims Limited has a workforce of 107 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
107
Active EPFO establishments
1
Employee growth
-6.14%
GST
R & B Denims has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCR0142Q1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of R & B Denims Limited, buy the company report.
Recent activity
R & B Denims Limited has 22 board changes on record since 2010: 16 appointments and 6 cessations. The latest: Nitika Abhishek Soni was appointed as Director on 15 May 2025.
AGM
R & B Denims Limited last Annual general meeting of members was held on 05 Aug 2026 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 44.92 Cr registered on 05 Oct 2018 with Charge ID 100213140 was modified on 05 Aug 2026.
Filing
R & B Denims Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Appointed
Nitika Abhishek Soni was appointed as Director.
Ceased
Radhika Arun Kanodiya ceased to be Director.
Appointed
Arvind Kumar Rathi was appointed as Director.
Appointed
Nirmit Dalmia was appointed as Whole-Time Director.
Ceased
Dharmesh Prafulchandra Mehta ceased to be Director.
Ceased
Girishkumar Prahladrai Kalawatia ceased to be Director.
Ceased
Manak Lal Tiwari ceased to be Director.
Appointed
Kanav Sham Sunder Arora was appointed as Director.
Appointed
Krishna Omprakash Agarwal was appointed as Director.
29 earlier events are in the company report.
News
R&B Denims: Subsidiary Ricon Industries Starts Making Polyester Yarn at Surat Facility After Investing ₹25 Crore.
Frequently asked questions
R & B Denims is an active public limited company based in Surat, Gujarat, India. The company works in apparel, within the apparel and fashion industry. It was incorporated on 17 November 2010 (16+ years old) and is registered under CIN L17120GJ2010PLC062949. Listed on BSE: 538119 and NSE: RNBDENIMS.
R & B Denims reported revenue of ₹465.92 Cr for FY 2025-26 (up 27% YoY) based on consolidated financials.
R & B Denims has 10 current directors:
- Amit Dalmia - Managing Director
- Deepak Dalmia - Whole-Time Director
- Nirmit Dalmia - Whole-Time Director
- Rajkumar Mangilal Borana - Director
- Ankur Mangilal Borana - Director
- Anita Pankaj Jain - Director
- Nitika Abhishek Soni - Director
- Arvind Kumar Rathi - Director
- Kanav Sham Sunder Arora - Director
- Krishna Omprakash Agarwal - Director
The latest financial statements of R & B Denims on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 05 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of R & B Denims is 24AAFCR0142Q1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of R & B Denims is L17120GJ2010PLC062949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. R & B Denims is a listed company as per MCA records. Its shares are listed on both BSE (code: 538119) and NSE (symbol: RNBDENIMS).
R & B Denims was incorporated on 17 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
R & B Denims has 60 deals on record (59 market trades, 1 ipo); the latest was in April 2026.
The peers of R & B Denims by revenue are Jindal Worldwide Limited, Vishal Fabrics Limited, Raymond Uco Denim Private Limited, Bhaskar Industries Private Limited, Shanti Spintex Limited and 4 more, all in the Apparel industry (Denim Wear), with the same principal business activity (textile, leather and other apparel products).
Nitika Abhishek Soni was appointed as Director on 15 May 2025. Radhika Arun Kanodiya ceased to be Director on 15 May 2025. Arvind Kumar Rathi was appointed as Director on 30 Sep 2024. R & B Denims has 22 board changes on record in total.
Yes, R & B Denims is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0004276).