Garnet International Ltd
₹ 116
-1.02%
16 Jun
2:34 p.m.
About
Incorporated in 1981, Garnet International Ltd is engaged in the business of financial services, trading of shares and textiles.
Key Points
- Market Cap ₹ 228 Cr.
- Current Price ₹ 116
- High / Low ₹ 181 / 47.0
- Stock P/E 2,278
- Book Value ₹ 17.4
- Dividend Yield 0.00 %
- ROCE 0.30 %
- ROE 0.34 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 6.76 times its book value
- The company has delivered a poor sales growth of 6.92% over past five years.
- Company has a low return on equity of 0.68% over last 3 years.
- Company has high debtors of 387 days.
- Promoter holding has decreased over last 3 years: -4.98%
- Working capital days have increased from 182 days to 383 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
Financial Services Financial Services Finance Investment Company
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.66 | 2.15 | 22.88 | 49.47 | 365.28 | 68.85 | 2.34 | 1.29 | 10.39 | 21.62 | 19.65 | 3.27 | |
| 0.55 | 1.43 | 22.13 | 38.31 | 354.53 | 128.65 | 14.50 | 4.14 | 13.21 | 19.76 | 21.08 | 3.17 | |
| Operating Profit | 0.11 | 0.72 | 0.75 | 11.16 | 10.75 | -59.80 | -12.16 | -2.85 | -2.82 | 1.86 | -1.43 | 0.10 |
| OPM % | 16.67% | 33.49% | 3.28% | 22.56% | 2.94% | -86.86% | -519.66% | -220.93% | -27.14% | 8.60% | -7.28% | 3.06% |
| -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.02 | -0.00 | |
| Interest | -0.00 | -0.00 | 0.18 | 0.04 | 0.89 | 0.02 | 0.02 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 |
| Depreciation | 0.06 | 0.09 | 0.07 | 0.07 | 0.07 | 0.03 | 0.01 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 |
| Profit before tax | 0.05 | 0.63 | 0.50 | 11.05 | 9.79 | -59.85 | -12.19 | -2.87 | -2.82 | 1.86 | -1.41 | 0.10 |
| Tax % | 60.00% | -14.29% | 44.00% | 20.09% | -19.00% | -3.71% | -5.17% | 44.25% | -0.00% | -0.00% | 0.71% | -0.00% |
| 0.03 | 0.72 | 0.28 | 8.83 | 11.66 | -57.63 | -11.56 | -4.15 | -2.83 | 1.86 | -1.41 | 0.10 | |
| EPS in Rs | 0.02 | 0.39 | 0.15 | 4.72 | 5.97 | -29.51 | -5.89 | -2.11 | -1.44 | 0.95 | -0.72 | 0.05 |
| Dividend Payout % | -0.00% | 43.26% | 155.75% | 8.47% | 8.37% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 7% |
| 3 Years: | -32% |
| TTM: | -83% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -18% |
| 5 Years: | 15% |
| 3 Years: | 27% |
| TTM: | 107% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 34% |
| 3 Years: | 32% |
| 1 Year: | 149% |
| Return on Equity | |
|---|---|
| 10 Years: | -14% |
| 5 Years: | -5% |
| 3 Years: | 1% |
| Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.23 | 6.23 | 6.23 | 6.23 | 19.53 | 19.53 | 19.64 | 19.64 | 19.64 | 19.64 | 19.64 | 19.64 |
| Reserves | 35.84 | 36.14 | 35.90 | 43.83 | 66.25 | 21.50 | 12.01 | 7.88 | 5.06 | 6.92 | 5.51 | 14.45 |
| 0.97 | 0.84 | 0.87 | 0.73 | 47.30 | 2.39 | 0.42 | 1.80 | 4.08 | 5.51 | 4.93 | 3.01 | |
| 0.64 | 0.42 | 7.52 | 1.59 | 1.59 | 2.29 | 0.27 | 0.17 | 0.14 | 0.14 | 0.10 | 0.12 | |
| Total Liabilities | 43.68 | 43.63 | 50.52 | 52.38 | 134.67 | 45.71 | 32.34 | 29.49 | 28.92 | 32.21 | 30.18 | 37.22 |
| 0.36 | 0.23 | 0.16 | 0.09 | 0.05 | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | 36.52 | 27.82 | 29.77 | 47.19 | 40.71 | 25.60 | 13.20 | 11.75 | 11.75 | 11.75 | 11.75 | 12.33 |
| 6.80 | 15.58 | 20.59 | 5.10 | 93.91 | 20.07 | 19.11 | 17.72 | 17.16 | 20.45 | 18.42 | 24.88 | |
| Total Assets | 43.68 | 43.63 | 50.52 | 52.38 | 134.67 | 45.71 | 32.34 | 29.49 | 28.92 | 32.21 | 30.18 | 37.22 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 22.17 | -0.68 | 1.59 | 11.58 | -82.00 | 14.36 | -12.03 | -3.27 | -2.72 | -2.13 | 0.08 | -3.16 | |
| -21.81 | 1.99 | -0.94 | -8.76 | 11.43 | 30.31 | 12.05 | 1.52 | 0.50 | 0.71 | 0.48 | -3.75 | |
| -0.38 | -0.13 | -0.50 | -0.70 | 68.83 | -46.10 | 0.20 | 1.37 | 2.28 | 1.43 | -0.58 | 6.92 | |
| Net Cash Flow | -0.02 | 1.17 | 0.14 | 2.12 | -1.74 | -1.42 | 0.21 | -0.38 | 0.06 | -0.00 | -0.02 | 0.01 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 38.71 | -0.00 | -0.00 | -0.00 | -0.00 | 27.89 | 360.32 | 710.19 | 80.45 | 38.66 | 73.93 | 387.32 |
| Inventory Days | 1,910.88 | 760.70 | 227.08 | 3.70 | 89.85 | 8.30 | 69.86 | 504.92 | 14.85 | 7.00 | 6.22 | -0.00 |
| Days Payable | 42.94 | 10.23 | 116.95 | 0.39 | 0.13 | 8.69 | 24.24 | 36.50 | 2.07 | 1.49 | 1.24 | |
| Cash Conversion Cycle | 1,906.65 | 750.47 | 110.13 | 3.31 | 89.72 | 27.49 | 405.95 | 1,178.61 | 93.22 | 44.18 | 78.90 | 387.32 |
| Working Capital Days | 2,654.55 | 2,103.42 | 144.21 | -1.55 | 80.72 | 27.51 | 418.03 | 947.87 | 98.72 | 59.76 | 103.46 | 382.86 |
| ROCE % | 0.12% | 1.46% | 1.58% | 23.65% | 11.62% | -67.80% | -32.24% | -9.32% | -9.71% | 6.11% | -4.54% | 0.30% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 5m
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
6m - Promoter Suresh Gaggar acquired 0.07% shares, increasing holding to 11.13% on 14.06.2025.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 8m
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 13 Jun
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 13 Jun
Annual reports
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Financial Year 2024
from bse
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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
from bse
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Financial Year 2010
from bse
Business Overview:[1]
Company is an investment company registered as a Non-Banking Financial Corporation under the Reserve Bank Of India. Company's textile business consists of sales of garments and dyeing through its subsidiary Sukartik Clothing Private Limited.