Gujarat Craft Industries Ltd

Gujarat Craft Industries Ltd

₹ 118 -1.63%
26 Apr - close price
About

Incorporated in 1984, Gujarat Craft Industries Ltd does manufacturing of HDPE / PP woven fabrics, sacks, PE tarpaulin for domestic and international market

Key Points

Product Profile:
a) FIBC Bags[1]
b) Polypropylene Woven Bags[2]
c) Plastic Sheet / Tarpaulin[3]
d) Geo membrane[4]
e) GCIL Vermibed[5]
f) HDPE Woven Pipes[6]
g) Polypropylene Rope[7]
h) NFI Bag[8]

  • Market Cap 57.7 Cr.
  • Current Price 118
  • High / Low 181 / 68.0
  • Stock P/E 18.4
  • Book Value 120
  • Dividend Yield 0.85 %
  • ROCE 8.00 %
  • ROE 6.19 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.98 times its book value

Cons

  • The company has delivered a poor sales growth of 4.76% over past five years.
  • Company has a low return on equity of 10.2% over last 3 years.
  • Company might be capitalizing the interest cost

* 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: Packaging Industry: Packaging

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
38.23 43.86 43.68 34.96 47.89 44.27 41.88 31.63 46.85 43.97 37.10 39.29 45.54
36.30 42.51 39.68 31.08 43.83 41.93 39.63 29.43 44.32 41.88 35.01 36.02 42.95
Operating Profit 1.93 1.35 4.00 3.88 4.06 2.34 2.25 2.20 2.53 2.09 2.09 3.27 2.59
OPM % 5.05% 3.08% 9.16% 11.10% 8.48% 5.29% 5.37% 6.96% 5.40% 4.75% 5.63% 8.32% 5.69%
0.01 0.35 0.11 0.16 0.32 0.05 0.03 0.04 0.04 0.27 0.08 0.07 0.12
Interest 0.56 0.59 0.53 0.55 0.62 0.75 0.55 0.62 0.84 0.65 0.62 0.93 1.04
Depreciation 0.54 0.54 0.56 0.58 0.54 0.54 0.55 0.57 0.52 0.55 0.54 1.07 0.96
Profit before tax 0.84 0.57 3.02 2.91 3.22 1.10 1.18 1.05 1.21 1.16 1.01 1.34 0.71
Tax % 16.67% 33.33% 24.83% 25.77% 26.09% 30.00% 26.27% 25.71% 21.49% 25.00% 25.74% 25.37% 28.17%
0.70 0.39 2.27 2.15 2.38 0.78 0.87 0.77 0.95 0.88 0.76 1.00 0.50
EPS in Rs 1.43 0.80 4.64 4.40 4.87 1.60 1.78 1.58 1.94 1.80 1.55 2.05 1.02
Raw PDF

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
52 65 91 91 115 97 130 140 143 148 171 164 166
48 61 85 85 108 91 122 132 135 139 157 155 156
Operating Profit 3 4 6 5 8 7 8 8 8 9 14 9 10
OPM % 6% 6% 7% 6% 7% 7% 6% 5% 6% 6% 8% 6% 6%
0 1 -0 1 0 1 0 0 0 0 1 0 1
Interest 2 2 3 4 4 4 4 4 3 2 2 3 3
Depreciation 1 1 1 2 2 2 2 2 2 2 2 2 3
Profit before tax 1 2 2 1 2 2 2 2 3 5 10 5 4
Tax % 32% 32% 34% 41% 35% 27% 12% 28% 23% 25% 26% 24%
1 1 1 1 1 1 2 1 2 4 8 3 3
EPS in Rs 2.15 3.13 2.85 1.72 2.74 2.50 3.50 2.52 4.40 7.24 15.51 7.10 6.42
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 6% 14%
Compounded Sales Growth
10 Years: 10%
5 Years: 5%
3 Years: 5%
TTM: 1%
Compounded Profit Growth
10 Years: 12%
5 Years: 15%
3 Years: 17%
TTM: -7%
Stock Price CAGR
10 Years: 26%
5 Years: 33%
3 Years: 45%
1 Year: 44%
Return on Equity
10 Years: 8%
5 Years: 8%
3 Years: 10%
Last Year: 6%

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 3 4 4 5 5 5 5 5 5 5 5 5 5
Reserves 4 5 8 10 11 27 29 30 33 36 50 53 54
21 25 46 49 40 36 39 33 28 34 36 33 46
8 18 27 23 25 33 31 30 24 18 18 21 39
Total Liabilities 36 51 84 87 80 101 104 99 90 94 109 111 144
15 15 24 23 21 39 37 37 36 38 49 47 59
CWIP 0 2 0 0 0 0 0 0 1 2 0 1 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
21 34 60 65 59 63 66 62 53 53 61 63 85
Total Assets 36 51 84 87 80 101 104 99 90 94 109 111 144

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
0 -1 -10 0 15 7 2 11 10 2 4 9
-6 -3 -8 -0 -0 -1 -0 -1 -1 -6 -4 -2
5 5 19 0 -15 -6 -2 -9 -9 4 -0 -7
Net Cash Flow 0 0 0 0 0 0 -1 0 -0 0 0 0

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 71 88 105 112 103 122 84 70 66 56 51 46
Inventory Days 70 98 134 157 71 113 94 95 74 95 96 103
Days Payable 54 80 106 96 78 105 83 74 54 37 24 31
Cash Conversion Cycle 88 107 133 174 97 130 94 92 86 114 123 118
Working Capital Days 80 103 132 160 103 119 106 90 84 96 100 102
ROCE % 11% 13% 10% 8% 11% 9% 9% 8% 9% 10% 15% 8%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.83% 73.83% 73.83% 73.83% 73.83% 73.82% 73.82% 73.82% 73.82% 73.82% 73.82% 73.82%
26.17% 26.17% 26.17% 26.17% 26.17% 26.18% 26.18% 26.18% 26.17% 26.17% 26.17% 26.18%
No. of Shareholders 4,6304,6865,0065,0875,2155,2295,2325,2115,2505,3755,2455,336

Documents