Glittek Granites Ltd
Incorporated in 1990, Glittek Granites is engaged in manufacturing, trading and exporting of finished granite and other stone products.
- Market Cap ₹ 7.92 Cr.
- Current Price ₹ 3.05
- High / Low ₹ 5.44 / 2.39
- Stock P/E
- Book Value ₹ 3.65
- Dividend Yield 0.00 %
- ROCE 2.36 %
- ROE -7.36 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.84 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -10.8% over past five years.
- Company has a low return on equity of -15.7% over last 3 years.
- Company has high debtors of 218 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
23.58 | 31.56 | 39.80 | 33.76 | 33.89 | 25.50 | 23.77 | 21.16 | 17.98 | 14.34 | 9.17 | 13.42 | 11.21 | |
20.13 | 27.58 | 35.21 | 30.36 | 30.58 | 23.27 | 21.38 | 20.03 | 17.16 | 16.22 | 9.52 | 12.15 | 11.99 | |
Operating Profit | 3.45 | 3.98 | 4.59 | 3.40 | 3.31 | 2.23 | 2.39 | 1.13 | 0.82 | -1.88 | -0.35 | 1.27 | -0.78 |
OPM % | 14.63% | 12.61% | 11.53% | 10.07% | 9.77% | 8.75% | 10.05% | 5.34% | 4.56% | -13.11% | -3.82% | 9.46% | -6.96% |
0.20 | 0.40 | 0.57 | 0.09 | -0.14 | 0.03 | 0.08 | 0.07 | 0.27 | 0.25 | 0.25 | 0.41 | 0.12 | |
Interest | 1.71 | 2.01 | 2.15 | 1.49 | 1.24 | 1.06 | 1.14 | 1.43 | 1.87 | 1.28 | 1.28 | 1.69 | 1.73 |
Depreciation | 1.43 | 1.47 | 1.53 | 1.06 | 1.02 | 1.01 | 1.00 | 0.99 | 0.96 | 0.96 | 0.94 | 0.85 | 0.61 |
Profit before tax | 0.51 | 0.90 | 1.48 | 0.94 | 0.91 | 0.19 | 0.33 | -1.22 | -1.74 | -3.87 | -2.32 | -0.86 | -3.00 |
Tax % | 19.61% | 18.89% | 18.92% | 19.15% | 20.88% | 94.74% | -275.76% | 26.23% | 26.44% | 19.90% | 0.86% | 9.30% | |
0.42 | 0.73 | 1.20 | 0.76 | 0.72 | 0.00 | 1.23 | -0.90 | -1.28 | -3.10 | -2.31 | -0.78 | -2.54 | |
EPS in Rs | 0.16 | 0.28 | 0.46 | 0.29 | 0.28 | 0.00 | 0.47 | -0.35 | -0.49 | -1.19 | -0.89 | -0.30 | -0.97 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -8% |
5 Years: | -11% |
3 Years: | -9% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 10% |
TTM: | -55% |
Stock Price CAGR | |
---|---|
10 Years: | -5% |
5 Years: | 13% |
3 Years: | 19% |
1 Year: | 1% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | -11% |
3 Years: | -16% |
Last Year: | -7% |
Balance Sheet
Figures in Rs. Crores
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 | 13.29 | 13.29 | 13.29 | 13.29 | 13.29 | 13.29 | 13.29 | 13.29 | 13.29 | 13.29 | 13.29 | 13.29 | 13.29 |
Reserves | 3.22 | 3.95 | 5.15 | 4.96 | 5.68 | 5.68 | 5.94 | 5.05 | 3.84 | 0.71 | -1.53 | -2.23 | -3.81 |
12.98 | 15.84 | 16.36 | 17.92 | 17.71 | 15.48 | 17.96 | 18.02 | 18.10 | 18.11 | 20.36 | 22.03 | 20.80 | |
2.96 | 2.46 | 3.50 | 3.22 | 1.66 | 1.41 | 1.81 | 1.55 | 1.91 | 2.16 | 1.26 | 2.19 | 1.52 | |
Total Liabilities | 32.45 | 35.54 | 38.30 | 39.39 | 38.34 | 35.86 | 39.00 | 37.91 | 37.14 | 34.27 | 33.38 | 35.28 | 31.80 |
14.05 | 13.52 | 12.25 | 11.00 | 10.02 | 9.08 | 8.01 | 7.03 | 6.06 | 5.14 | 3.95 | 3.25 | 2.90 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.00 | 0.00 |
Investments | 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 |
18.40 | 22.02 | 26.05 | 28.39 | 28.32 | 26.78 | 30.99 | 30.88 | 31.08 | 29.13 | 29.30 | 32.03 | 28.90 | |
Total Assets | 32.45 | 35.54 | 38.30 | 39.39 | 38.34 | 35.86 | 39.00 | 37.91 | 37.14 | 34.27 | 33.38 | 35.28 | 31.80 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.56 | -1.48 | 1.86 | 0.38 | 0.89 | 3.17 | -1.15 | 0.80 | 1.39 | 1.10 | -1.18 | -0.02 | |
-0.78 | -0.90 | -0.23 | -0.72 | -0.02 | -0.04 | 0.12 | 0.07 | 0.06 | -0.02 | 0.21 | 0.06 | |
-0.56 | 2.35 | -1.46 | 0.31 | -1.14 | -2.87 | 0.77 | -0.88 | -1.37 | -1.26 | 0.97 | -0.02 | |
Net Cash Flow | 0.22 | -0.03 | 0.17 | -0.03 | -0.27 | 0.25 | -0.26 | -0.01 | 0.07 | -0.18 | 0.00 | 0.02 |
Ratios
Figures in Rs. Crores
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 | 88.08 | 120.51 | 140.13 | 152.88 | 160.04 | 138.70 | 144.19 | 150.07 | 137.84 | 157.30 | 180.31 | 218.40 |
Inventory Days | 393.82 | 200.15 | 113.28 | 206.35 | 218.47 | 608.86 | 844.42 | 1,054.05 | 1,371.70 | 912.50 | 2,848.30 | 1,357.18 |
Days Payable | 57.63 | 35.52 | 24.87 | 33.97 | 11.55 | 26.21 | 46.98 | 31.23 | 49.74 | 66.95 | 82.12 | 111.17 |
Cash Conversion Cycle | 424.26 | 285.14 | 228.54 | 325.26 | 366.97 | 721.35 | 941.62 | 1,172.89 | 1,459.80 | 1,002.85 | 2,946.49 | 1,464.41 |
Working Capital Days | 199.68 | 210.26 | 190.48 | 251.26 | 277.76 | 351.55 | 439.63 | 492.82 | 565.77 | 635.82 | 1,039.67 | 755.57 |
ROCE % | 7.73% | 9.24% | 10.70% | 6.79% | 5.96% | 3.51% | 4.10% | 0.57% | 0.36% | -7.69% | -3.24% | 2.36% |
Documents
Announcements
- Non-Applicability Of Statement Of Deviation Or Variation Under Reg. 32(1) Of SEBI(Listing Obligations Disclosure Requirements) Regulations, 2015 For The Quarter Ended 31St December, 2023 13 Feb
- Unaudited Financial Results For The Third Quarter And Nine Months Ended 31.12.2023 13 Feb
- Board Meeting Outcome for Unaudited Financial Results For The Third Quarter And Nine Months Ended 31.12.2023 13 Feb
- Intimation Under Regulation 30 Of Sebl (Listing Obligations And Disclosures Requirements) And Regulations Of SEBI Substantial Acquisition Of Shares And Takeovers) Regulations, 2011 For Acquisition Of Shares By Way Of Gift 5 Feb
- Intimation Under Regulation 30 Of Sebl (Listing Obligations And Disclosures Requirements) And Regulations Of SEBI Substantial Acquisition Of Shares And Takeovers) Regulations, 2011 For Proposed Acquisition Of Shares By Way Of Gift 31 Jan
Annual reports
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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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Financial Year 2009
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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.