GEE Ltd

GEE Ltd

₹ 80.1 1.03%
05 Jun - close price
About

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

Key Points

Business Overview:[1]
GEEL manufactures and deals in welding consumables and allied equipment

  • 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
99.55 95.13 97.49 84.61 91.91 82.09 82.83 80.95 87.97 79.18 85.45 92.35 112.16
98.45 88.50 87.73 75.77 87.61 75.60 77.26 76.04 104.12 74.64 76.46 83.61 101.03
Operating Profit 1.10 6.63 9.76 8.84 4.30 6.49 5.57 4.91 -16.15 4.54 8.99 8.74 11.13
OPM % 1.10% 6.97% 10.01% 10.45% 4.68% 7.91% 6.72% 6.07% -18.36% 5.73% 10.52% 9.46% 9.92%
0.33 0.08 0.13 0.05 0.47 0.04 0.25 0.11 -0.12 0.02 0.03 0.02 -2.22
Interest 3.60 1.72 1.65 3.00 1.80 1.99 2.24 2.26 2.42 2.24 2.38 2.02 1.82
Depreciation 1.07 1.02 1.02 1.02 0.96 1.02 1.02 1.03 1.09 1.02 1.02 1.03 0.77
Profit before tax -3.24 3.97 7.22 4.87 2.01 3.52 2.56 1.73 -19.78 1.30 5.62 5.71 6.32
Tax % -26.85% 25.19% 25.21% 25.26% 58.21% 25.28% 25.00% 25.43% -23.71% 25.38% 25.27% 25.22% 43.99%
-2.38 2.97 5.40 3.64 0.84 2.64 1.91 1.29 -15.08 0.98 4.21 4.27 3.54
EPS in Rs -0.46 0.57 1.04 0.70 0.16 0.51 0.37 0.25 -2.90 0.19 0.81 0.82 0.68
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
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 - Total
MT
Installed Capacity - Wires
MT
Number of Employees
Number
Capacity Utilization - Electrodes
%
Capacity Utilization - Total
%
Number of Dealers (Domestic)
Number
Total Production Volume
MT
Total Sales Volume
MT
Number of SKUs
Number
Number of International Distributors
Number

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
63.97% 63.97% 63.97% 63.97% 63.97% 63.97% 63.97% 63.97% 63.97% 63.97% 63.97% 63.97%
0.00% 0.98% 0.98% 1.17% 1.17% 1.37% 1.37% 1.37% 1.37% 1.37% 1.37% 1.37%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.16% 0.16% 0.16% 0.16% 0.00% 0.00%
36.03% 35.05% 35.05% 34.87% 34.85% 34.66% 34.51% 34.51% 34.52% 34.51% 34.66% 34.68%
No. of Shareholders 6,4365,8675,8075,2805,1074,6944,6934,6374,5595,3545,3365,260

* 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.

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