Glittek Granites Ltd
Incorporated in 1990, Glittek Granites is engaged in manufacturing, trading and exporting of finished granite and other stone products.
- Market Cap ₹ 15.7 Cr.
- Current Price ₹ 6.05
- High / Low ₹ 6.11 / 2.49
- Stock P/E
- Book Value ₹ -4.13
- Dividend Yield 0.00 %
- ROCE -15.2 %
- ROE -76.6 %
- Face Value ₹ 5.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -20.0% over past five years.
- Company has a low return on equity of -28.8% over last 3 years.
- Company has high debtors of 161 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
Sector: Miscellaneous Industry: Miscellaneous
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
32 | 40 | 34 | 34 | 26 | 24 | 21 | 18 | 14 | 9 | 13 | 7 | 3 | |
28 | 35 | 30 | 31 | 23 | 21 | 20 | 17 | 16 | 10 | 12 | 11 | 23 | |
Operating Profit | 4 | 5 | 3 | 3 | 2 | 2 | 1 | 1 | -2 | -0 | 1 | -4 | -20 |
OPM % | 13% | 12% | 10% | 10% | 9% | 10% | 5% | 5% | -13% | -4% | 9% | -59% | -588% |
0 | 1 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 2 | 2 |
Depreciation | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
Profit before tax | 1 | 1 | 1 | 1 | 0 | 0 | -1 | -2 | -4 | -2 | -1 | -6 | -22 |
Tax % | 19% | 19% | 19% | 21% | 95% | -276% | -26% | -26% | -20% | -1% | -9% | 0% | |
1 | 1 | 1 | 1 | 0 | 1 | -1 | -1 | -3 | -2 | -1 | -6 | -22 | |
EPS in Rs | 0.28 | 0.46 | 0.29 | 0.28 | 0.00 | 0.47 | -0.35 | -0.49 | -1.19 | -0.89 | -0.30 | -2.37 | -8.56 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -16% |
5 Years: | -20% |
3 Years: | -22% |
TTM: | -70% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -73% |
TTM: | -772% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 50% |
3 Years: | 23% |
1 Year: | 103% |
Return on Equity | |
---|---|
10 Years: | -7% |
5 Years: | -21% |
3 Years: | -29% |
Last Year: | -77% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | 4 | 5 | 5 | 6 | 6 | 6 | 5 | 4 | 1 | -2 | -2 | -8 | -24 |
16 | 16 | 18 | 18 | 15 | 18 | 18 | 18 | 18 | 20 | 22 | 20 | 19 | |
2 | 4 | 3 | 2 | 1 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 3 | |
Total Liabilities | 36 | 38 | 39 | 38 | 36 | 39 | 38 | 37 | 34 | 33 | 35 | 27 | 11 |
14 | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 5 | 4 | 3 | 3 | 2 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
22 | 26 | 28 | 28 | 27 | 31 | 31 | 31 | 29 | 29 | 32 | 24 | 8 | |
Total Assets | 36 | 38 | 39 | 38 | 36 | 39 | 38 | 37 | 34 | 33 | 35 | 27 | 11 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | 2 | 0 | 1 | 3 | -1 | 1 | 1 | 1 | -1 | -0 | 3 | |
-1 | -0 | -1 | -0 | -0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | |
2 | -1 | 0 | -1 | -3 | 1 | -1 | -1 | -1 | 1 | -0 | -3 | |
Net Cash Flow | -0 | 0 | -0 | -0 | 0 | -0 | -0 | 0 | -0 | 0 | 0 | 0 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 121 | 140 | 153 | 160 | 139 | 144 | 150 | 138 | 157 | 180 | 218 | 161 |
Inventory Days | 200 | 113 | 206 | 218 | 609 | 844 | 1,054 | 1,372 | 912 | 2,848 | 1,357 | 1,218 |
Days Payable | 36 | 25 | 34 | 12 | 26 | 47 | 31 | 50 | 67 | 82 | 111 | 70 |
Cash Conversion Cycle | 285 | 229 | 325 | 367 | 721 | 942 | 1,173 | 1,460 | 1,003 | 2,946 | 1,464 | 1,309 |
Working Capital Days | 210 | 190 | 251 | 278 | 352 | 440 | 493 | 566 | 636 | 1,040 | 756 | 1,069 |
ROCE % | 9% | 11% | 7% | 6% | 4% | 4% | 1% | 0% | -8% | -3% | 2% | -15% |
Documents
Announcements
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Board Meeting Intimation for Notice Under Regulation 29 Of The Listing Regulations To Hold Board Meeting For Consideration Of Audited Financial Results Of The Company For The Quarter Ended And Year Ended On 31 St March, 2025
13 May - Board meeting on May 28, 2025, to approve audited financial results for quarter and year ended March 31, 2025.
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Closure of Trading Window
9 Apr - Closure of trading window for designated employees.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
7 Apr - Confirmation of not being a Large Corporate Entity.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Shareholding pattern and dematerialisation certificate for Q1 2025.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Sale Of Land And Disposal Of Bank Loan With SBI
7 Mar - Sale of land to repay SBI loan.
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]
Company offers range of granite in tiles and slab which are suitable for walls, floors and counter-tops. Company offers granite in various cuts, finishes and size such as mirror-polish, honed, flamed, leather or satin. Apart from this, company also offers other engineered stones too.