GEE Ltd

₹ 122 -2.17%

07 Oct 4:01 p.m.

About

Incorporated in 1996, GEE Ltd manufactures Welding Electrodes, Copper Coated Wires, Flux Cored Wires and Welding Fluxes^[1]

Key Points

Business Overview:
Founded in 1960, as General Electrodes
& Equipment with German technical collaboration, the company was acquired
by its current promoters in 1996. It remains focused on welding consumables and allied equipment, with no discontinued operating segment. Its portfolio of 500+ products is supported by an R&D team of over 50 people. ^[1]

Website BSE

Market Cap ₹ 634 Cr.
Current Price ₹ 122
High / Low ₹ 143 / 53.6
Stock P/E 35.2
Book Value ₹ 41.4
Dividend Yield 0.00 %
ROCE 11.4 %
ROE 7.53 %
Face Value ₹ 2.00

Add ratio to table

Edit ratios

Pros

Cons

Stock is trading at 2.88 times its book value
Promoter holding has decreased over last quarter: -0.39%
The company has delivered a poor sales growth of 7.88% over past five years.
Company has a low return on equity of 3.17% over last 3 years.
Promoters have pledged 43.6% of their holding.
Working capital days have increased from 52.5 days to 88.9 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Industrials Capital Goods Electrical Equipment Other Electrical Equipment

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Figures in Rs. Crores

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	95.13	97.49	84.61	91.91	82.09	82.83	80.95	87.97	79.18	85.45	92.35	112.16	102.86
	88.50	87.73	75.77	87.61	75.60	77.26	76.04	104.12	74.64	76.46	83.61	101.03	94.85
Operating Profit	6.63	9.76	8.84	4.30	6.49	5.57	4.91	-16.15	4.54	8.99	8.74	11.13	8.01
OPM %	6.97%	10.01%	10.45%	4.68%	7.91%	6.72%	6.07%	-18.36%	5.73%	10.52%	9.46%	9.92%	7.79%
	0.08	0.13	0.05	0.47	0.04	0.25	0.11	-0.12	0.02	0.03	0.02	-2.22	4.00
Interest	1.72	1.65	3.00	1.80	1.99	2.24	2.26	2.42	2.24	2.38	2.02	1.82	1.85
Depreciation	1.02	1.02	1.02	0.96	1.02	1.02	1.03	1.09	1.02	1.02	1.03	0.77	1.01
Profit before tax	3.97	7.22	4.87	2.01	3.52	2.56	1.73	-19.78	1.30	5.62	5.71	6.32	9.15
Tax %	25.19%	25.21%	25.26%	58.21%	25.28%	25.00%	25.43%	-23.71%	25.38%	25.27%	25.22%	43.99%	25.14%
	2.97	5.40	3.64	0.84	2.64	1.91	1.29	-15.08	0.98	4.21	4.27	3.54	6.85
EPS in Rs	0.57	1.04	0.70	0.16	0.51	0.37	0.25	-2.90	0.19	0.81	0.82	0.68	1.32
Raw PDF

Profit & Loss

Figures in Rs. Crores

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	180	190	199	216	274	271	253	324	396	369	334	369	393
	166	175	185	203	260	251	227	296	372	340	333	336	356
Operating Profit	15	14	14	13	15	20	26	28	23	30	1	34	37
OPM %	8%	8%	7%	6%	5%	8%	10%	9%	6%	8%	0.2%	9%	9%
	1	3	0	1	1	1	2	1	1	1	0	-2	2
Interest	7	7	5	5	7	7	5	6	9	8	9	8	8
Depreciation	4	3	3	4	4	4	4	4	4	4	4	4	4
Profit before tax	4	7	6	5	5	11	18	20	12	18	-12	19	27
Tax %	46%	37%	39%	31%	42%	8%	29%	23%	26%	29%	-23%	31%
	2	5	3	3	3	10	13	15	9	13	-9	13	19
EPS in Rs	0.46	0.88	0.67	0.66	0.53	1.88	2.43	2.90	1.64	2.47	-1.78	2.50	3.63
Dividend Payout %	30%	16%	0%	21%	0%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	7%
5 Years:	8%
3 Years:	-2%
TTM:	19%

Compounded Profit Growth
10 Years:	13%
5 Years:	4%
3 Years:	22%
TTM:	265%

Stock Price CAGR
10 Years:	21%
5 Years:	27%
3 Years:	43%
1 Year:	38%

Return on Equity
10 Years:	4%
5 Years:	4%
3 Years:	3%
Last Year:	8%

Balance Sheet

Figures in Rs. Crores

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	5	5	5	5	5	5	5	5	5	5	5	10
Reserves	54	58	138	142	144	154	166	181	188	199	188	205
	53	43	48	56	65	59	60	77	87	82	75	61
	25	37	26	25	36	37	33	35	39	38	40	40
Total Liabilities	137	142	217	227	250	254	264	298	320	324	309	315
	48	47	130	130	131	128	137	147	143	171	155	128
CWIP	1	1	0	1	2	2	1	0	0	0	0	2
Investments	3	3	0	0	0	0	0	0	0	0	0	0
	86	92	88	96	118	124	126	150	176	152	153	186
Total Assets	137	142	217	227	250	254	264	298	320	324	309	315

Cash Flows

Figures in Rs. Crores

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	5	17	5	1	3	25	6	3	1	45	14	-8
	-3	-1	-4	-4	-5	-4	-10	-14	-1	-34	-5	22
	-1	-14	-1	2	2	-13	-4	11	2	-13	-9	-13
Net Cash Flow	1	1	0	-1	-0	8	-8	-0	1	-2	-0	0
Free Cash Flow	3	14	1	-3	-3	23	5	-4	-0	11	12	10
CFO/OP	43%	133%	50%	21%	31%	131%	43%	28%	25%	166%	1,959%	-13%

Ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	70	65	71	68	70	75	84	62	67	50	48	54
Inventory Days	99	108	92	94	89	80	102	106	109	120	116	127
Days Payable	38	57	45	40	46	51	47	32	33	32	35	32
Cash Conversion Cycle	131	116	118	122	113	104	139	137	143	139	129	149
Working Capital Days	39	23	25	36	32	26	55	53	52	39	30	89
ROCE %	11%	13%	7%	5%	6%	8%	10%	10%	8%	9%	-1%	11%

Insights

In beta

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Number of Permanent Employees
count

xxx	xxx	xxx	xxx		xxx
				xx	xx	xx	xx
				xx	xx	xx	xx
				xxx	xx	xx	xx
				xx,xxx	xx,xxx	xx,xxx	xx,xxx

Please log in to see hidden values.

Capacity Utilization (Electrodes)
%

Capacity Utilization (Total)
%

Capacity Utilization (Wires)
%

Installed Capacity (Total)
MTPA

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	63.97%	63.97%	63.97%	63.97%	63.97%	63.97%	63.97%	63.97%	63.97%	63.97%	63.97%	63.58%
	0.98%	0.98%	1.17%	1.17%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.15%
	0.01%	0.01%	0.01%	0.01%	0.01%	0.16%	0.16%	0.16%	0.16%	0.00%	0.00%	0.00%
	35.05%	35.05%	34.87%	34.85%	34.66%	34.51%	34.51%	34.52%	34.51%	34.66%	34.68%	35.27%
No. of Shareholders	5,867	5,807	5,280	5,107	4,694	4,693	4,637	4,559	5,354	5,336	5,260	6,318

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Jun 2026
	74.71%	74.71%	73.65%	73.65%	73.65%	73.65%	63.97%	63.97%	63.97%	63.97%	63.58%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%	1.17%	1.37%	1.37%	1.15%
	2.71%	2.71%	2.71%	2.07%	0.89%	0.01%	0.01%	0.01%	0.16%	0.00%	0.00%
	22.58%	22.58%	23.64%	24.28%	25.45%	26.35%	36.01%	34.87%	34.51%	34.68%	35.27%
No. of Shareholders	1,955	2,621	2,704	2,447	2,696	5,984	6,339	5,280	4,637	5,260	6,318

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

GEE Ltd

GEE Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls