Garnet International Ltd
₹ 56.2
-3.90%
25 Apr
4:01 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 ₹ 110 Cr.
- Current Price ₹ 56.2
- High / Low ₹ 76.0 / 39.0
- Stock P/E
- Book Value ₹ 12.3
- Dividend Yield 0.00 %
- ROCE 6.11 %
- ROE 7.26 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 276 to 38.7 days.
- Promoter holding has increased by 1.06% over last quarter.
- Company's working capital requirements have reduced from 369 days to 59.8 days
Cons
- Stock is trading at 4.56 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -6.30% over last 3 years.
- Promoter holding has decreased over last 3 years: -6.63%
* 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: Finance Industry: Finance & Investments
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 25.77 | 2.56 | 0.66 | 2.15 | 22.88 | 49.47 | 365.28 | 68.85 | 2.34 | 1.29 | 10.39 | 21.62 | 1.59 | |
| 24.53 | 2.41 | 0.55 | 1.43 | 22.13 | 38.31 | 354.53 | 128.65 | 14.50 | 4.14 | 13.21 | 19.76 | 3.05 | |
| Operating Profit | 1.24 | 0.15 | 0.11 | 0.72 | 0.75 | 11.16 | 10.75 | -59.80 | -12.16 | -2.85 | -2.82 | 1.86 | -1.46 |
| OPM % | 4.81% | 5.86% | 16.67% | 33.49% | 3.28% | 22.56% | 2.94% | -86.86% | -519.66% | -220.93% | -27.14% | 8.60% | -91.82% |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest | 0.54 | 0.00 | 0.00 | 0.00 | 0.18 | 0.04 | 0.89 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.06 | 0.06 | 0.06 | 0.09 | 0.07 | 0.07 | 0.07 | 0.03 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.64 | 0.09 | 0.05 | 0.63 | 0.50 | 11.05 | 9.79 | -59.85 | -12.19 | -2.87 | -2.82 | 1.86 | -1.46 |
| Tax % | 3.12% | 22.22% | 60.00% | -14.29% | 44.00% | 20.09% | -19.00% | 3.71% | 5.17% | -44.25% | 0.00% | 0.00% | |
| 0.63 | 0.07 | 0.03 | 0.72 | 0.28 | 8.83 | 11.66 | -57.63 | -11.56 | -4.15 | -2.83 | 1.86 | -1.46 | |
| EPS in Rs | 0.44 | 0.04 | 0.02 | 0.39 | 0.15 | 4.72 | 5.97 | -29.51 | -5.89 | -2.11 | -1.44 | 0.95 | -0.75 |
| Dividend Payout % | 7.51% | 0.00% | 0.00% | 43.26% | 155.75% | 8.47% | 8.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | -43% |
| 3 Years: | 110% |
| TTM: | -93% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 39% |
| 5 Years: | -31% |
| 3 Years: | 29% |
| TTM: | -195% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 2% |
| 3 Years: | 31% |
| 1 Year: | 11% |
| Return on Equity | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | -41% |
| 3 Years: | -6% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.73 | 6.23 | 6.23 | 6.23 | 6.23 | 6.23 | 19.53 | 19.53 | 19.64 | 19.64 | 19.64 | 19.64 | 19.64 |
| Reserves | 17.01 | 35.81 | 35.84 | 36.14 | 35.90 | 43.83 | 65.52 | 20.77 | 12.01 | 7.88 | 5.06 | 6.92 | 4.59 |
| 2.05 | 1.35 | 0.97 | 0.84 | 0.87 | 0.73 | 47.30 | 2.39 | 0.42 | 1.80 | 4.08 | 5.51 | 7.46 | |
| 4.52 | 0.75 | 0.64 | 0.42 | 7.52 | 1.59 | 2.32 | 3.02 | 0.27 | 0.17 | 0.14 | 0.14 | 0.12 | |
| Total Liabilities | 28.31 | 44.14 | 43.68 | 43.63 | 50.52 | 52.38 | 134.67 | 45.71 | 32.34 | 29.49 | 28.92 | 32.21 | 31.81 |
| 0.78 | 0.42 | 0.36 | 0.23 | 0.16 | 0.09 | 0.05 | 0.04 | 0.03 | 0.02 | 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 | 0.00 |
| Investments | 15.09 | 14.69 | 36.52 | 27.82 | 29.77 | 47.19 | 40.71 | 25.60 | 13.20 | 11.75 | 11.75 | 11.75 | 11.75 |
| 12.44 | 29.03 | 6.80 | 15.58 | 20.59 | 5.10 | 93.91 | 20.07 | 19.11 | 17.72 | 17.16 | 20.45 | 20.05 | |
| Total Assets | 28.31 | 44.14 | 43.68 | 43.63 | 50.52 | 52.38 | 134.67 | 45.71 | 32.34 | 29.49 | 28.92 | 32.21 | 31.81 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.03 | -21.06 | 22.17 | -0.68 | 1.59 | 11.58 | -82.00 | 14.36 | -12.03 | -3.27 | -2.72 | -2.13 | |
| 2.33 | 1.28 | -21.81 | 1.99 | -0.94 | -8.76 | 11.43 | 30.31 | 12.05 | 1.52 | 0.50 | 0.71 | |
| -5.96 | 19.48 | -0.38 | -0.13 | -0.50 | -0.70 | 68.83 | -46.10 | 0.20 | 1.37 | 2.28 | 1.43 | |
| Net Cash Flow | -1.60 | -0.30 | -0.02 | 1.17 | 0.14 | 2.12 | -1.74 | -1.42 | 0.21 | -0.38 | 0.06 | 0.00 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.42 | 12.83 | 38.71 | 0.00 | 0.00 | 0.00 | 0.00 | 27.89 | 360.32 | 710.19 | 80.45 | 38.66 |
| Inventory Days | 44.01 | 295.32 | 1,910.88 | 760.70 | 227.08 | 3.70 | 89.85 | 8.30 | 69.86 | 504.92 | 14.85 | 7.00 |
| Days Payable | 7.86 | 6.64 | 42.94 | 10.23 | 116.95 | 0.39 | 0.13 | 8.69 | 24.24 | 36.50 | 2.07 | 1.49 |
| Cash Conversion Cycle | 36.58 | 301.51 | 1,906.65 | 750.47 | 110.13 | 3.31 | 89.72 | 27.49 | 405.95 | 1,178.61 | 93.22 | 44.18 |
| Working Capital Days | 84.84 | 941.02 | 2,654.55 | 2,103.42 | 144.21 | -1.55 | 80.72 | 27.51 | 418.03 | 947.87 | 98.72 | 59.76 |
| ROCE % | 5.25% | 0.27% | 0.12% | 1.46% | 1.58% | 23.65% | 11.66% | -68.36% | -32.56% | -9.32% | -9.71% | 6.11% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 22 Apr
- Intimation Of Calendar Of Events For Postal Ballot 18 Apr
-
Announcement under Regulation 30 (LODR)-Change in Directorate
18 Apr - Disclosure under Regulation 30 of SEBI (LODR) Regulations 2015.
- Compliance Certificate Under Reg. 7 (3) Of SEBI LODR Regulation 2015 For Year Ended March 31, 2024 15 Apr
- Clarification And Updated Disclosure W.R.T Proceedings Of 41St AGM Of The Company. 15 Apr
Annual reports
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Financial Year 2023
from bse
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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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Financial Year 2009
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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.