Garnet International Ltd
Incorporated in 1981, Garnet International Ltd is engaged in the business of financial services, trading of shares and textiles.
- Market Cap ₹ 113 Cr.
- Current Price ₹ 57.6
- High / Low ₹ 127 / 15.4
- Stock P/E
- Book Value ₹ 14.9
- Dividend Yield 0.00 %
- ROCE -5.83 %
- ROE -10.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Stock is trading at 3.86 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -0.56%
- The company has delivered a poor sales growth of -13.79% over past five years.
- Company has a low return on equity of -52.75% for last 3 years.
- Promoters have pledged 26.70% of their holding.
- Company has high debtors of 213.70 days.
- Company's cost of borrowing seems high
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
18.60 | 41.08 | 30.56 | 9.20 | 10.80 | 14.58 | 37.33 | 64.09 | 376.49 | 83.10 | 17.53 | 17.78 | 41.13 | |
13.83 | 35.84 | 28.71 | 8.20 | 9.45 | 12.36 | 34.52 | 50.73 | 365.18 | 142.12 | 27.52 | 19.10 | 40.58 | |
Operating Profit | 4.77 | 5.24 | 1.85 | 1.00 | 1.35 | 2.22 | 2.81 | 13.36 | 11.31 | -59.02 | -9.99 | -1.32 | 0.55 |
OPM % | 25.65% | 12.76% | 6.05% | 10.87% | 12.50% | 15.23% | 7.53% | 20.85% | 3.00% | -71.02% | -56.99% | -7.42% | 1.34% |
0.00 | 0.00 | 0.00 | 0.01 | 0.00 | -0.02 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Interest | 0.00 | 0.17 | 0.54 | 0.00 | 0.00 | 0.01 | 0.20 | 0.08 | 0.92 | 0.09 | 0.16 | 0.24 | 0.22 |
Depreciation | 0.02 | 0.08 | 0.45 | 0.47 | 0.49 | 0.44 | 0.50 | 0.61 | 0.82 | 0.83 | 0.82 | 0.82 | 0.80 |
Profit before tax | 4.75 | 4.99 | 0.86 | 0.54 | 0.86 | 1.75 | 2.10 | 12.67 | 9.57 | -59.94 | -10.97 | -2.38 | -0.47 |
Tax % | 5.89% | 4.01% | 31.40% | 31.48% | 32.56% | 10.29% | 35.24% | 21.47% | -18.29% | 3.67% | 3.19% | -49.16% | |
Net Profit | 4.47 | 4.68 | 0.59 | 0.19 | 0.34 | 1.12 | 0.70 | 9.70 | 11.43 | -57.71 | -10.90 | -3.73 | -2.27 |
EPS in Rs | 3.15 | 3.30 | 0.42 | 0.10 | 0.18 | 0.60 | 0.37 | 5.19 | 5.85 | -29.55 | -5.55 | -1.90 | -1.16 |
Dividend Payout % | 10.58% | 10.11% | 8.02% | 0.00% | 0.00% | 27.81% | 62.30% | 7.71% | 8.54% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -8% |
5 Years: | -14% |
3 Years: | -64% |
TTM: | 202% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 51% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | -23% |
3 Years: | 8% |
1 Year: | 88% |
Return on Equity | |
---|---|
10 Years: | -11% |
5 Years: | -20% |
3 Years: | -53% |
Last Year: | -11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Sep 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4.73 | 4.73 | 4.73 | 6.23 | 6.23 | 6.23 | 6.23 | 6.23 | 19.53 | 19.53 | 19.64 | 19.64 | 19.64 | |
Reserves | 12.29 | 16.92 | 17.45 | 36.38 | 36.72 | 37.42 | 37.60 | 46.41 | 67.86 | 23.04 | 14.94 | 11.22 | 9.62 |
Borrowings | 0.00 | 7.02 | 2.10 | 1.38 | 0.99 | 0.90 | 1.17 | 0.96 | 47.49 | 2.47 | 2.29 | 5.65 | 0.51 |
1.70 | 3.11 | 7.60 | 4.40 | 5.16 | 6.25 | 14.43 | 9.19 | 10.36 | 11.57 | 10.84 | 12.67 | 20.99 | |
Total Liabilities | 18.72 | 31.78 | 31.88 | 48.39 | 49.10 | 50.80 | 59.43 | 62.79 | 145.24 | 56.61 | 47.71 | 49.18 | 50.76 |
0.34 | 5.80 | 5.69 | 5.12 | 4.78 | 5.14 | 6.90 | 10.51 | 12.26 | 12.16 | 11.59 | 10.78 | 10.42 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.85 | 2.19 | 2.25 |
Investments | 4.26 | 7.24 | 12.99 | 12.56 | 33.18 | 24.46 | 26.29 | 41.77 | 35.28 | 20.18 | 7.78 | 6.33 | 6.33 |
14.12 | 18.74 | 13.20 | 30.71 | 11.14 | 21.20 | 26.24 | 10.51 | 97.70 | 24.27 | 27.49 | 29.88 | 31.76 | |
Total Assets | 18.72 | 31.78 | 31.88 | 48.39 | 49.10 | 50.80 | 59.43 | 62.79 | 145.24 | 56.61 | 47.71 | 49.18 | 50.76 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-8.97 | -5.95 | 2.21 | -20.65 | 22.26 | 1.07 | 3.85 | 13.38 | -82.89 | 16.98 | -11.22 | -3.72 | |
11.17 | -5.34 | 1.99 | 1.10 | -20.71 | 1.20 | -3.12 | -11.59 | 12.32 | 27.37 | 11.10 | 0.21 | |
0.08 | 11.18 | -6.19 | 19.67 | -1.69 | -0.15 | -0.34 | -0.80 | 68.75 | -46.22 | 0.36 | 3.14 | |
Net Cash Flow | 2.28 | -0.11 | -1.99 | 0.12 | -0.14 | 2.12 | 0.39 | 0.99 | -1.81 | -1.87 | 0.24 | -0.38 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 5.33 | 12.90 | 64.27 | 85.84 | 83.11 | 30.80 | 20.62 | 4.44 | 48.45 | 161.16 | 213.70 |
Inventory Days | 161.67 | 76.78 | 48.58 | 188.08 | 164.62 | 126.89 | 178.73 | 10.31 | 90.30 | 15.12 | 289.69 | 343.02 |
Days Payable | 0.59 | 1.78 | 15.26 | 68.39 | 95.13 | 102.89 | 118.33 | 29.94 | 4.98 | 23.59 | 306.32 | 383.78 |
Cash Conversion Cycle | 161.08 | 80.32 | 46.21 | 183.96 | 155.33 | 107.12 | 91.20 | 0.98 | 89.76 | 39.98 | 144.53 | 172.94 |
Working Capital Days | 197.81 | 122.70 | 69.75 | 261.05 | 232.18 | 348.73 | 96.11 | 1.48 | 80.29 | 34.57 | 157.41 | 210.42 |
ROCE % | 2.14% | 5.29% | 1.58% | 1.96% | 4.02% | 5.16% | 25.86% | 11.13% | -66.53% | -26.39% | -5.83% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr
- Compliance Certificate Under Regulation 7 (3) For Year Ended 31St March 2022. 19 Apr
-
Statement Of Investor Complaints For The Quarter Ended March 2022
11 Apr - No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter …
-
Submission Of Compliance Certificate U/R 40(9)
11 Apr - Certificate dated 11" April, 2022 for the half year ended 31st March, 2022 from Mr. Sidharth Sharma of M/s Siddharth Sharma & Associates, Company Secretaries, …
- Clarification 11 Apr
Annual reports
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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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.