ADMM Artistic Denim Mills Limited

Artistic Denim Mills Limited (ADMM) financial ratios

Artistic Denim Mills Limited earned a net margin of -3.1% in FY2026 against a five-year average of 1.2% (Textile Composite median 1.5%). Return on equity was -5.8%, compared with a sector median of 3.8%. The current ratio stood at 1.10× and debt was 181.2% of equity. Cash took about 271 days to cycle through receivables, inventory and payables.

FY2026 vs the Textile Composite median

Gross margin: 8.1%; Sector median 11.7%
Operating margin: 3.8%; Sector median 5.0%
Net margin: -3.1%; Sector median 1.5%
Return on equity (ROE): -5.8%; Sector median 3.8%
Return on assets (ROA): -1.8%; Sector median 1.3%
Current ratio: 1.10×; Sector median 1.21×
Debt to equity: 181.2%; Sector median 72.9%
Asset turnover: 0.58×; Sector median 0.78×

Median of the 44 companies in the sector with the figure for their latest fiscal year.

ADMM financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 * Jul 2009 – Jun 2010	FY2009 * Jul 2008 – Jun 2009	FY2008 * Jul 2007 – Jun 2008	FY2007 * Jul 2006 – Jun 2007
Profitability
Gross margin	8.1%	6.1%	11.7%	17.1%	10.9%	11.3%	7.9%	11.4%	9.6%	10.7%	10.9%	16.8%	17.8%	18.7%	15.6%	15.3%	20.9%	22.3%	26.2%	29.8%
EBITDA margin	—	7.8%	12.6%	17.5%	10.9%	12.9%	10.2%	16.9%	11.2%	13.7%	12.3%	17.5%	16.9%	18.0%	16.7%	17.2%	22.0%	23.8%	27.7%	31.9%
Operating margin	3.8%	2.2%	8.7%	13.4%	7.8%	7.8%	3.9%	11.0%	5.5%	7.4%	6.9%	12.8%	12.9%	14.0%	12.4%	12.1%	15.4%	17.4%	20.6%	24.4%
Pre-tax margin	—	(2.5%)	2.0%	6.6%	5.2%	4.7%	2.8%	12.3%	7.3%	6.5%	6.2%	10.9%	13.3%	12.8%	9.1%	8.1%	10.1%	13.1%	15.3%	17.6%
Net margin	(3.1%)	(2.5%)	1.6%	6.2%	3.9%	3.6%	1.4%	11.2%	6.3%	6.2%	5.8%	10.6%	13.2%	12.4%	8.1%	7.2%	8.1%	11.0%	13.3%	15.1%
Effective tax rate	—	—	19.8%	6.1%	25.9%	22.5%	48.9%	9.3%	13.9%	3.7%	5.5%	2.4%	1.0%	3.8%	11.4%	11.1%	19.6%	16.2%	13.1%	14.1%
Returns
Return on equity (ROE)	(5.8%)	(5.7%)	4.1%	13.8%	9.4%	5.3%	1.7%	13.5%	8.7%	7.6%	6.9%	14.5%	19.3%	20.4%	13.7%	12.0%	10.8%	13.3%	14.1%	19.6%
Return on assets (ROA)	(1.8%)	(1.9%)	1.5%	4.9%	3.5%	2.2%	0.8%	7.5%	5.3%	4.8%	4.7%	9.8%	12.5%	12.8%	7.4%	6.3%	6.1%	7.4%	7.4%	9.7%
Return on invested capital (ROIC)	—	—	6.6%	10.5%	5.7%	3.6%	1.5%	9.5%	7.4%	6.8%	6.6%	13.5%	15.6%	16.7%	10.5%	9.7%	11.8%	14.7%	11.3%	14.2%
Liquidity
Current ratio	1.10×	0.92×	0.94×	1.16×	1.17×	1.23×	1.41×	1.48×	1.51×	1.38×	1.36×	1.53×	1.21×	1.44×	1.16×	1.01×	0.89×	0.82×	1.05×	0.92×
Quick ratio	0.40×	0.39×	0.47×	0.56×	0.57×	0.55×	0.84×	0.92×	0.90×	0.85×	0.74×	0.88×	0.75×	1.00×	0.78×	0.55×	0.37×	0.34×	0.39×	0.41×
Leverage
Debt to equity	181.2%	170.2%	128.4%	140.8%	141.9%	125.5%	92.9%	68.3%	40.5%	43.8%	35.6%	25.1%	39.7%	32.4%	54.2%	85.3%	69.8%	62.3%	76.9%	85.5%
Debt to capital	64.4%	63.0%	56.2%	58.5%	58.7%	55.7%	48.2%	40.6%	28.8%	30.5%	26.3%	20.1%	28.4%	24.5%	35.1%	46.0%	41.1%	38.4%	43.5%	46.1%
Debt to assets	57.3%	53.3%	45.5%	49.8%	51.2%	48.1%	41.9%	35.5%	24.4%	26.6%	22.7%	18.1%	25.0%	21.9%	31.0%	42.8%	38.7%	35.9%	41.5%	43.2%
Assets to equity	3.18×	3.00×	2.82×	2.80×	2.69×	2.42×	2.07×	1.80×	1.65×	1.61×	1.48×	1.48×	1.54×	1.60×	1.86×	1.90×	1.77×	1.79×	1.91×	2.03×
Efficiency
Asset turnover	0.58×	0.78×	0.91×	0.79×	0.90×	0.61×	0.57×	0.67×	0.84×	0.76×	0.80×	0.92×	0.95×	1.03×	0.91×	0.87×	0.75×	0.68×	0.55×	0.64×
Receivable days days	124	96	76	90	89	127	141	140	115	109	95	95	104	98	104	80	57	53	67	53
Inventory days days	222	138	112	143	130	186	153	122	85	90	86	77	69	57	83	100	108	116	146	100
Payable days days	75	74	65	66	54	83	83	80	65	46	19	21	26	29	28	17	19	19	21	22
Cash conversion cycle days	271	160	123	167	164	230	211	182	134	153	161	151	146	127	159	164	145	150	192	131
Dividends
Dividend payout ratio	—	—	88.6%	15.8%	25.7%	71.2%	221.7%	24.2%	34.2%	39.1%	44.4%	45.2%	9.9%	11.1%	19.1%	23.9%	56.3%	48.9%	51.7%	0.0%
Earnings retention rate	—	—	0.11×	0.84×	0.74×	0.29×	(1.22×)	0.76×	0.66×	0.61×	0.56×	0.55×	0.90×	0.89×	0.81×	0.76×	0.44×	0.51×	0.48×	1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.