FabIndia is currently preparing for an Initial Public Offering (IPO), which aims to raise funds through a fresh issue of equity shares worth ₹500 crores. However, the IPO has faced delays and was recently withdrawn due to unfavorable market conditions12.The financial performance of FabIndia shows fluctuations, with total income dropping from ₹14,814.94 million in FY 2019 to ₹10,874.13 million in FY 20211. The company has a strong focus on promoting Indian craftsmanship and sustainable products, connecting rural artisans with urban markets2.For potential investors, it's noteworthy that while the unlisted share price is currently set at ₹132.00, the actual IPO price and other details like lot size and opening dates are yet to be finalized and announced
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 17648 | 22629 | 27875 | 27786 |
| Cost of Material Consumed | 0 | 0 | 0 | 0 |
| Gross Margins | 100 | 100 | 100 | 100 |
| Change in Inventory | 0 | 0 | 0 | 0 |
| Employee Benefit Expenses | 12423 | 16349 | 20268 | 20450 |
| Other Expenses | 2079 | 2584 | 3104 | 2942 |
| EBITDA | 3146 | 3696 | 4503 | 4394 |
| OPM | 17.83 | 16.33 | 16.15 | 15.81 |
| Other Income | 397 | 436 | 510 | 964 |
| Finance Cost | 93 | 76 | 57 | 63 |
| D&A | 836 | 875 | 983 | 1004 |
| EBIT | 2310 | 2821 | 3520 | 3390 |
| EBIT Margins | 13.09 | 12.47 | 12.63 | 12.2 |
| PBT | 2614 | 3180 | 3973 | 4291 |
| PBT Margins | 14.81 | 14.05 | 14.25 | 15.44 |
| Tax (2021) | 924 | 874 | 798 | 1045 |
| PAT | 1690 | 2306 | 3175 | 3246 |
| NPM | 9.58 | 10.19 | 11.39 | 11.68 |
| EPS | 285.96 | 390.19 | 535.41 | 547.39 |
| Financial Ratios | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | 17.83 | 16.33 | 16.15 | 15.81 |
| Net Profit Margin | 9.58 | 10.19 | 11.39 | 11.68 |
| Earning Per Share (Diluted) | 285.96 | 390.19 | 535.41 | 547.39 |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 2724 | 2995 | 2753 | 2504 |
| CWIP | 13 | 23 | 23 | 61 |
| Investments | 4679 | 5761 | 8162 | 9431 |
| Trade Receivables | 3409 | 4867 | 5156 | 4969 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Assets | 6021 | 5849 | 6455 | 8160 |
| Total Assets | 16846 | 19495 | 22549 | 25125 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 59.1 | 59.1 | 59.3 | 59.3 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 12607 | 14742 | 17994 | 20651 |
| Borrowings | 0 | 0 | 0 | 0 |
| Trade Payables | 648 | 832 | 895 | 795 |
| Other Liabilities | 3531.9 | 3861.9 | 3600.7 | 3619.7 |
| Total Liabilities | 16846 | 19495 | 22549 | 25125 |
| Cash-Flow Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| PBT | 2614 | 3180 | 3973 | 429 |
| OPBWC | 3404 | 3898 | 4717 | 471 |
| Change in Receivables | 109 | -1351 | -335 | 304 |
| Change in Inventories | 0 | 0 | 0 | 0 |
| Change in Payables | -94 | 223 | 59 | -132 |
| Other Changes | 597 | 150 | -168 | 4177 |
| Working Capital Change | 612 | -978 | -444 | 4349 |
| Cash Generated From Operations | 4016 | 2920 | 4273 | 4820 |
| Tax | -612 | -1012 | -970 | -1133 |
| Cash Flow From Operations | 3404 | 1908 | 3303 | 3687 |
| Purchase of PPE | -19211 | -20352 | -510 | -449 |
| Sale of PPE | 19759 | 18590 | 28 | 26 |
| Cash Flow From Investment | -3697 | -1638 | -2572 | -2309 |
| Borrowing | 0 | 0 | 0 | 0 |
| Divided | 0 | 0 | 0 | 0 |
| Equity | 0 | 0 | 0 | 0 |
| Others From Financing | -207 | -446 | -497 | -572 |
| Cash Flow from Financing | -207 | -446 | -497 | -572 |
| Net Cash Generated | -500 | -176 | 234 | 806 |
| Cash at the Start | 1411 | 911 | 694 | 966 |
| Cash at the End | 911 | 735 | 928 | 1772 |
