GEE Ltd
Incorporated in 1996, GEE Ltd manufactures Welding Electrodes, Copper Coated Wires, Flux Cored Wires and Welding Fluxes[1]
- Market Cap ₹ 417 Cr.
- Current Price ₹ 80.1
- High / Low ₹ 97.9 / 53.6
- Stock P/E 27.2
- Book Value ₹ 41.4
- Dividend Yield 0.00 %
- ROCE 11.1 %
- ROE 7.48 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
Cons
- The company has delivered a poor sales growth of 7.88% over past five years.
- Company has a low return on equity of 3.15% over last 3 years.
- Promoters have pledged 43.4% of their holding.
- Working capital days have increased from 53.7 days to 94.6 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
Quarterly Results
Figures in Rs. Crores
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 180 | 190 | 199 | 216 | 274 | 271 | 253 | 324 | 396 | 369 | 334 | 369 | |
| 166 | 175 | 185 | 203 | 260 | 251 | 227 | 296 | 372 | 340 | 333 | 336 | |
| Operating Profit | 15 | 14 | 14 | 13 | 15 | 20 | 26 | 28 | 23 | 30 | 1 | 33 |
| OPM % | 8% | 8% | 7% | 6% | 5% | 8% | 10% | 9% | 6% | 8% | 0% | 9% |
| 1 | 3 | 0 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 0 | -2 | |
| Interest | 7 | 7 | 5 | 5 | 7 | 7 | 5 | 6 | 9 | 8 | 9 | 8 |
| Depreciation | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 4 | 7 | 6 | 5 | 5 | 11 | 18 | 20 | 12 | 18 | -12 | 19 |
| 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 | |
| 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 |
| 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: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 4% |
| 3 Years: | 21% |
| TTM: | 265% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 25% |
| 3 Years: | 31% |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 4% |
| 3 Years: | 3% |
| Last Year: | 7% |
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 | 81 | 64 | |
| 25 | 37 | 26 | 25 | 36 | 37 | 33 | 35 | 39 | 38 | 36 | 37 | |
| Total Liabilities | 137 | 142 | 217 | 227 | 250 | 254 | 264 | 298 | 320 | 324 | 311 | 315 |
| 48 | 47 | 130 | 130 | 131 | 128 | 137 | 147 | 143 | 171 | 167 | 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 | 144 | 186 | |
| Total Assets | 137 | 142 | 217 | 227 | 250 | 254 | 264 | 298 | 320 | 324 | 311 | 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 | -11 | |
| -3 | -1 | -4 | -4 | -5 | -4 | -10 | -14 | -1 | -34 | -5 | 22 | |
| -1 | -14 | -1 | 2 | 2 | -13 | -4 | 11 | 2 | -13 | -9 | -11 | |
| 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 | 7 |
| CFO/OP | 43% | 133% | 50% | 21% | 31% | 131% | 43% | 28% | 25% | 166% | 1,959% | -21% |
Ratios
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 121 |
| Days Payable | 38 | 57 | 45 | 40 | 46 | 51 | 47 | 32 | 33 | 32 | 35 | 27 |
| Cash Conversion Cycle | 131 | 116 | 118 | 122 | 113 | 104 | 139 | 137 | 143 | 139 | 129 | 148 |
| Working Capital Days | 39 | 23 | 25 | 36 | 32 | 26 | 55 | 53 | 52 | 39 | 28 | 95 |
| ROCE % | 11% | 13% | 7% | 5% | 6% | 8% | 10% | 10% | 8% | 9% | -1% | 11% |
Insights
In beta| Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Installed Capacity - Electrodes MT |
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| Installed Capacity - Wires MT |
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| Number of Employees Number |
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| Capacity Utilization - Electrodes % |
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| Capacity Utilization - Total % |
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| Number of Dealers (Domestic) Number |
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| Total Production Volume MT |
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| Total Sales Volume MT |
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| Number of SKUs Number |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - GEE Ltd filed Annual Secretarial Compliance Report for FY ended 31 March 2026.
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Clarification / Continuation To Our Outcome Of Board Meeting Letter Dated 15Th May, 2026 - Inadvertent Omission Of Certificate From Statutory Auditor
21 May - GEE Ltd corrected an omitted statutory auditor certificate on preferential warrant proceeds use.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
21 May - Transcript of Investors Conference Call held on 18th May, 2026 for Q4 and year ended 31st March, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
18 May - Audio/video recording of analyst and investor call on audited Q4 and FY2026 results.
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Announcement under Regulation 30 (LODR)-Investor Presentation
18 May - Investor Presentation for the Quarter and Year Ended 31st March 2026
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from web
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
Concalls
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May 2026Transcript PPT
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Jan 2026TranscriptAI SummaryPPT
Business Overview:[1]
GEEL manufactures and deals in welding consumables and allied equipment