G G Dandekar Properties Ltd
Incorporated in 1938, G G Dandekar Properties Ltd is in the business of commercial real estate and leasing of property[1]
- Market Cap ₹ 39.8 Cr.
- Current Price ₹ 83.7
- High / Low ₹ 155 / 76.0
- Stock P/E
- Book Value ₹ 102
- Dividend Yield 0.00 %
- ROCE -2.07 %
- ROE -9.39 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.82 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -9.10% over past five years.
- Company has a low return on equity of -4.88% over last 3 years.
- Earnings include an other income of Rs.0.43 Cr.
* 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
Sector: Realty Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
17.18 | 17.26 | 19.26 | 16.57 | 13.18 | 4.77 | 3.84 | 4.57 | 0.00 | 2.51 | 2.96 | 3.14 | |
14.10 | 13.67 | 16.25 | 21.35 | 15.96 | 7.39 | 7.14 | 5.69 | 1.85 | 1.35 | 1.65 | 2.12 | |
Operating Profit | 3.08 | 3.59 | 3.01 | -4.78 | -2.78 | -2.62 | -3.30 | -1.12 | -1.85 | 1.16 | 1.31 | 1.02 |
OPM % | 17.93% | 20.80% | 15.63% | -28.85% | -21.09% | -54.93% | -85.94% | -24.51% | 46.22% | 44.26% | 32.48% | |
2.44 | 2.66 | 0.38 | 7.65 | -5.54 | 0.56 | 0.39 | 0.68 | 18.32 | -2.54 | 0.56 | 0.43 | |
Interest | 0.00 | 0.01 | 0.06 | 0.36 | 0.35 | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | 0.43 | 0.41 |
Depreciation | 0.12 | 0.12 | 0.17 | 0.28 | 0.25 | 2.10 | 0.75 | 0.68 | 0.02 | 2.11 | 2.77 | 2.79 |
Profit before tax | 5.40 | 6.12 | 3.16 | 2.23 | -8.92 | -4.16 | -3.66 | -1.12 | 16.45 | -3.73 | -1.33 | -1.75 |
Tax % | 31.85% | 33.50% | 47.78% | 21.52% | -11.88% | 0.00% | -7.10% | 2.68% | 0.00% | 15.01% | 253.38% | |
3.68 | 4.07 | 1.65 | 1.75 | -7.86 | -4.16 | -3.40 | 0.08 | 16.48 | -3.11 | -4.41 | -2.76 | |
EPS in Rs | 7.73 | 8.55 | 3.47 | 3.68 | -16.51 | -8.74 | -7.14 | 0.17 | 34.61 | -6.53 | -9.26 | -5.80 |
Dividend Payout % | 39.13% | 35.38% | 87.27% | 82.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -9% |
3 Years: | -13% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -4% |
3 Years: | % |
TTM: | -127% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 27% |
3 Years: | 8% |
1 Year: | -27% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -5% |
3 Years: | -5% |
Last Year: | -9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 |
Reserves | 27.84 | 30.21 | 29.52 | 30.26 | 22.40 | 34.87 | 28.97 | 40.01 | 55.51 | 53.25 | 48.89 | 48.16 |
0.00 | 0.00 | 1.53 | 9.10 | 7.65 | 0.00 | 0.00 | 0.00 | 0.00 | 4.59 | 4.37 | 4.23 | |
3.97 | 3.91 | 4.92 | 6.09 | 11.67 | 6.79 | 6.49 | 5.25 | 2.17 | 2.52 | 3.24 | 3.11 | |
Total Liabilities | 32.29 | 34.60 | 36.45 | 45.93 | 42.20 | 42.14 | 35.94 | 45.74 | 58.16 | 60.84 | 56.98 | 55.98 |
0.50 | 0.44 | 3.47 | 3.30 | 3.16 | 10.69 | 9.93 | 9.24 | 8.72 | 46.75 | 43.69 | 42.25 | |
CWIP | 0.00 | 0.00 | 1.01 | 8.62 | 10.97 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 6.16 | 14.01 | 14.28 | 21.19 | 12.06 | 25.90 | 20.27 | 28.60 | 26.14 | 6.64 | 6.25 | 6.30 |
25.63 | 20.15 | 17.69 | 12.82 | 16.01 | 5.55 | 5.74 | 7.90 | 23.30 | 7.45 | 7.04 | 7.43 | |
Total Assets | 32.29 | 34.60 | 36.45 | 45.93 | 42.20 | 42.14 | 35.94 | 45.74 | 58.16 | 60.84 | 56.98 | 55.98 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
0.94 | 1.31 | -0.42 | 0.43 | -2.52 | -2.85 | -2.60 | -2.61 | -4.14 | 1.08 | 1.46 | |
-1.51 | -5.54 | -4.32 | -11.39 | 4.43 | 1.13 | 2.76 | 4.02 | 21.05 | -22.02 | -1.58 | |
-1.67 | -1.67 | -0.85 | 5.56 | -3.46 | 0.00 | 0.00 | 0.00 | 0.00 | 4.35 | -0.65 | |
Net Cash Flow | -2.24 | -5.90 | -5.59 | -5.40 | -1.55 | -1.73 | 0.16 | 1.41 | 16.91 | -16.59 | -0.77 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 1.49 | 8.25 | 10.23 | 7.71 | 30.74 | 10.71 | 13.31 | 15.18 | 4.36 | 0.00 | |
Inventory Days | 129.81 | 129.42 | 189.77 | 225.06 | 259.92 | 161.34 | 167.62 | 96.62 | |||
Days Payable | 11.41 | 30.54 | 54.51 | 33.42 | 36.89 | 322.68 | 491.89 | 276.73 | |||
Cash Conversion Cycle | 119.89 | 107.13 | 145.49 | 199.35 | 253.76 | -150.63 | -310.96 | -164.94 | 4.36 | 0.00 | |
Working Capital Days | 28.68 | 34.26 | 79.03 | 68.95 | -114.93 | -28.31 | -96.95 | 78.27 | 273.39 | -71.52 | |
ROCE % | 20.50% | 12.31% | -1.29% | -5.94% | -11.30% | -3.20% | -1.87% | -1.03% | -2.07% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Certificate under Regulation 74 (5) of the SEBI (Depositories Participants) Regulations for the quarter ended 31 March 2025
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Announcement under Regulation 30 (LODR)-Change in Directorate
1 Apr - Reappointment of Mr. Pranav Deshpande and Mr. Purab Gujar.
-
Intimation Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015 Read With Schedule III Of The Regulations, And The Policy Of The Company For Determination Of Material Events Or Information
1 Apr - Approval of land sale and conversion of CCPS to equity.
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Intimation Under Regulation 30 Read With Schedule III Of SEBI (Listing Obligations Disclosure Requirements) Regulations 2015
28 Mar - Licensee intends to vacate 1.5 floors of premises.
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Closure of Trading Window
26 Mar - Trading window closure for insider trading regulations.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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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
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2][3]
GGDPL was promoted by Kirloskar Oil Engines at Khadki Pune. It was engaged in manufacturing of Food Processing Machineries. In FY23, they purchased pre-leased commercial property at prime location in Pune city and entered into real estate business activities. It became owner of 3.5 floors of Suma Center, a commercial building located at Erandwane, Pune. 7 commercial units are occupied by the tenants under Leave and License Agreements in the said property. Currently, it is in the business of renting and/or leasing immovable properties and manufacturing of Food Processing Machineries