Garnet International Ltd
₹ 76.4
-4.98%
27 Jan
- close price
About
Incorporated in 1981, Garnet International Ltd is engaged in the business of financial services, trading of shares and textiles.
Key Points
- Market Cap ₹ 150 Cr.
- Current Price ₹ 76.4
- High / Low ₹ 118 / 31.6
- Stock P/E 129
- Book Value ₹ 13.4
- Dividend Yield 0.00 %
- ROCE -9.71 %
- ROE -10.8 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Debtor days have improved from 384 to 80.4 days.
- Company's working capital requirements have reduced from 488 days to 98.0 days
Cons
- Stock is trading at 5.72 times its book value
- Promoter holding has decreased over last quarter: -1.03%
- The company has delivered a poor sales growth of -26.8% over past five years.
- Company has a low return on equity of -20.2% over last 3 years.
- Promoters have pledged 27.4% of their holding.
* 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: Stock/ Commodity Brokers 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 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 40.91 | 25.77 | 2.56 | 0.66 | 2.15 | 22.88 | 49.47 | 365.28 | 68.85 | 2.34 | 1.29 | 10.39 | 17.16 | |
| 35.69 | 24.53 | 2.41 | 0.55 | 1.43 | 22.13 | 38.31 | 354.53 | 128.65 | 14.50 | 4.14 | 13.21 | 16.00 | |
| Operating Profit | 5.22 | 1.24 | 0.15 | 0.11 | 0.72 | 0.75 | 11.16 | 10.75 | -59.80 | -12.16 | -2.85 | -2.82 | 1.16 |
| OPM % | 12.76% | 4.81% | 5.86% | 16.67% | 33.49% | 3.28% | 22.56% | 2.94% | -86.86% | -519.66% | -220.93% | -27.14% | 6.76% |
| 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 | 0.17 | 0.54 | 0.00 | 0.00 | 0.00 | 0.18 | 0.04 | 0.89 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 |
| Depreciation | 0.05 | 0.06 | 0.06 | 0.06 | 0.09 | 0.07 | 0.07 | 0.07 | 0.03 | 0.01 | 0.01 | 0.00 | 0.00 |
| Profit before tax | 5.00 | 0.64 | 0.09 | 0.05 | 0.63 | 0.50 | 11.05 | 9.79 | -59.85 | -12.19 | -2.87 | -2.82 | 1.16 |
| Tax % | 6.00% | 3.12% | 22.22% | 60.00% | -14.29% | 44.00% | 20.09% | -19.00% | 3.71% | 5.17% | -44.25% | 0.00% | |
| Net Profit | 4.70 | 0.63 | 0.07 | 0.03 | 0.72 | 0.28 | 8.83 | 11.66 | -57.63 | -11.56 | -4.15 | -2.83 | 1.16 |
| EPS in Rs | 3.31 | 0.44 | 0.04 | 0.02 | 0.39 | 0.15 | 4.72 | 5.97 | -29.51 | -5.89 | -2.11 | -1.44 | 0.59 |
| Dividend Payout % | 10.06% | 7.51% | 0.00% | 0.00% | 43.26% | 155.75% | 8.47% | 8.37% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | -27% |
| 3 Years: | -47% |
| TTM: | 112% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| TTM: | 122% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | -34% |
| 3 Years: | 22% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | -29% |
| 3 Years: | -20% |
| Last Year: | -11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.73 | 4.73 | 6.23 | 6.23 | 6.23 | 6.23 | 6.23 | 19.53 | 19.53 | 19.64 | 19.64 | 19.64 | 19.64 | |
| Reserves | 16.44 | 17.01 | 35.81 | 35.84 | 36.14 | 35.90 | 43.83 | 65.52 | 20.77 | 12.01 | 7.88 | 5.06 | 6.61 |
| 0.00 | 2.05 | 1.35 | 0.97 | 0.84 | 0.87 | 0.73 | 47.30 | 2.39 | 0.42 | 1.80 | 4.08 | 3.94 | |
| 7.64 | 4.52 | 0.75 | 0.64 | 0.42 | 7.52 | 1.59 | 2.32 | 3.02 | 0.27 | 0.17 | 0.14 | 0.13 | |
| Total Liabilities | 28.81 | 28.31 | 44.14 | 43.68 | 43.63 | 50.52 | 52.38 | 134.67 | 45.71 | 32.34 | 29.49 | 28.92 | 30.32 |
| 0.83 | 0.78 | 0.42 | 0.36 | 0.23 | 0.16 | 0.09 | 0.05 | 0.04 | 0.03 | 0.02 | 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 | 9.31 | 15.09 | 14.69 | 36.52 | 27.82 | 29.77 | 47.19 | 40.71 | 25.60 | 13.20 | 11.75 | 11.75 | 11.75 |
| 18.67 | 12.44 | 29.03 | 6.80 | 15.58 | 20.59 | 5.10 | 93.91 | 20.07 | 19.11 | 17.72 | 17.16 | 18.56 | |
| Total Assets | 28.81 | 28.31 | 44.14 | 43.68 | 43.63 | 50.52 | 52.38 | 134.67 | 45.71 | 32.34 | 29.49 | 28.92 | 30.32 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -5.33 | 2.03 | -21.06 | 22.17 | -0.68 | 1.59 | 11.58 | -82.00 | 14.36 | -12.03 | -3.27 | -2.72 | |
| -1.37 | 2.33 | 1.28 | -21.81 | 1.99 | -0.94 | -8.76 | 11.43 | 30.31 | 12.05 | 1.52 | 0.50 | |
| 6.36 | -5.96 | 19.48 | -0.38 | -0.13 | -0.50 | -0.70 | 68.83 | -46.10 | 0.20 | 1.37 | 2.28 | |
| Net Cash Flow | -0.34 | -1.60 | -0.30 | -0.02 | 1.17 | 0.14 | 2.12 | -1.74 | -1.42 | 0.21 | -0.38 | 0.06 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 3.84 | 0.42 | 12.83 | 38.71 | 0.00 | 0.00 | 0.00 | 0.00 | 27.89 | 360.32 | 710.19 | 80.45 |
| Inventory Days | 72.92 | 44.01 | 295.32 | 1,910.88 | 760.70 | 227.08 | 3.70 | 89.85 | 8.30 | 69.86 | 504.92 | 14.85 |
| Days Payable | 0.32 | 7.86 | 6.64 | 42.94 | 10.23 | 116.95 | 0.39 | 0.13 | 8.69 | 24.24 | 36.50 | 2.07 |
| Cash Conversion Cycle | 76.44 | 36.58 | 301.51 | 1,906.65 | 750.47 | 110.13 | 3.31 | 89.72 | 27.49 | 405.95 | 1,178.61 | 93.22 |
| Working Capital Days | 130.17 | 84.84 | 941.02 | 2,654.55 | 2,103.42 | 144.21 | -1.55 | 80.72 | 27.51 | 418.03 | 947.87 | 98.01 |
| ROCE % | 2.62% | 5.25% | 0.27% | 0.12% | 1.46% | 1.58% | 23.65% | 11.66% | -68.36% | -32.56% | -9.32% | -9.71% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Jan - Certificate under Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st December 2022.
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Clarification On Price Movement
10 Jan - Has reference to the email no. L/SURV/ONL/PV/SR/ 2022-2023 / 2951 dated January 09, 2023, seeking clarification in the price movement of Company''s securities at the …
-
Clarification sought from Garnet International Ltd
9 Jan - Exchange has sought clarification from Garnet International Ltd on January 9, 2023 with reference to significant movement in price, in order to ensure that investors …
- Closure of Trading Window 31 Dec
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 29 Dec
Annual reports
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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
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Financial Year 2014
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Financial Year 2013
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Financial Year 2011
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Financial Year 2010
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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.