Gorani Industries Ltd

Gorani Industries Ltd

₹ 63.1 -7.52%
13 Mar - close price
About

Incorporated in 1996, Gorani Industries Ltd is in the business of manufacturing and trading
of home & kitchen appliances.[1]

Key Points

Business Overview:[1]
GIL is engaged in the production and sales of kitchen and home appliances including LPG stoves, Steel frames, Gas geyser, Gas hobs, range hood chimneys, etc. brand name of Blowhot and Online. The company does business through a network of dealers and distributors all over Central, South, and North India.

  • Market Cap 33.8 Cr.
  • Current Price 63.1
  • High / Low 126 / 50.8
  • Stock P/E 36.8
  • Book Value 25.5
  • Dividend Yield 0.00 %
  • ROCE 9.70 %
  • ROE 6.68 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 10.6% over last 3 years.

* 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.

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Quarterly Results

Figures in Rs. Crores

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
12.34 7.94 8.04 11.94 10.74 11.60 10.53 12.32 12.94 7.20 11.65 8.62 9.07
11.20 8.86 7.28 11.13 10.50 10.55 9.51 12.66 12.04 6.34 10.93 8.02 8.55
Operating Profit 1.14 -0.92 0.76 0.81 0.24 1.05 1.02 -0.34 0.90 0.86 0.72 0.60 0.52
OPM % 9.24% -11.59% 9.45% 6.78% 2.23% 9.05% 9.69% -2.76% 6.96% 11.94% 6.18% 6.96% 5.73%
0.04 0.42 0.03 0.06 0.17 0.07 0.02 0.16 0.02 0.03 0.00 0.00 0.00
Interest 0.18 0.24 0.21 0.26 0.25 0.29 0.25 0.26 0.26 0.30 0.28 0.27 0.20
Depreciation 0.11 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10
Profit before tax 0.89 -0.84 0.48 0.51 0.06 0.73 0.69 -0.54 0.56 0.49 0.34 0.23 0.22
Tax % 25.84% -26.19% 27.08% 25.49% 16.67% 20.55% 26.09% -25.93% 26.79% 30.61% 26.47% 26.09% 27.27%
0.65 -0.62 0.36 0.38 0.04 0.58 0.51 -0.40 0.41 0.34 0.25 0.17 0.16
EPS in Rs 1.21 -1.16 0.67 0.71 0.07 1.08 0.95 -0.75 0.76 0.63 0.47 0.32 0.30
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
4.22 6.22 5.80 7.30 20.09 20.42 21.42 18.40 28.76 41.22 42.32 42.98 36.54
3.98 5.78 5.44 6.87 19.08 19.26 20.01 17.15 25.83 38.57 39.48 40.54 33.84
Operating Profit 0.24 0.44 0.36 0.43 1.01 1.16 1.41 1.25 2.93 2.65 2.84 2.44 2.70
OPM % 5.69% 7.07% 6.21% 5.89% 5.03% 5.68% 6.58% 6.79% 10.19% 6.43% 6.71% 5.68% 7.39%
0.04 0.00 0.01 0.06 0.09 0.09 0.05 0.12 0.11 0.53 0.34 0.24 0.03
Interest 0.01 0.03 0.01 0.02 0.11 0.19 0.27 0.13 0.39 0.72 1.00 1.08 1.05
Depreciation 0.23 0.15 0.16 0.21 0.21 0.24 0.29 0.32 0.38 0.43 0.41 0.40 0.40
Profit before tax 0.04 0.26 0.20 0.26 0.78 0.82 0.90 0.92 2.27 2.03 1.77 1.20 1.28
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 31.71% 27.78% 27.17% 26.43% 26.11% 23.73% 27.50%
0.04 0.26 0.20 0.26 0.78 0.56 0.65 0.66 1.66 1.50 1.36 0.86 0.92
EPS in Rs 0.07 0.48 0.37 0.48 1.43 1.15 1.33 1.35 3.41 2.80 2.54 1.60 1.72
Dividend Payout % 0.00% 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: 21%
5 Years: 15%
3 Years: 14%
TTM: -23%
Compounded Profit Growth
10 Years: 13%
5 Years: 6%
3 Years: -20%
TTM: -16%
Stock Price CAGR
10 Years: 19%
5 Years: 38%
3 Years: -26%
1 Year: -21%
Return on Equity
10 Years: 13%
5 Years: 13%
3 Years: 11%
Last Year: 7%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 4.89 4.89 4.89 5.06 5.06 4.88 4.88 4.88 4.88 5.36 5.36 5.36 5.36
Reserves -2.39 -2.58 -2.38 -2.06 -1.23 -0.31 0.23 0.90 4.79 5.88 7.14 7.90 8.32
4.13 4.83 4.88 4.10 3.89 5.04 3.42 2.83 7.50 11.41 10.20 11.04 12.27
1.71 1.88 2.58 2.64 4.43 2.28 4.29 3.31 3.63 5.59 5.32 6.56 8.00
Total Liabilities 8.34 9.02 9.97 9.74 12.15 11.89 12.82 11.92 20.80 28.24 28.02 30.86 33.95
1.72 1.40 2.11 2.18 2.03 2.39 2.85 2.83 3.34 3.28 3.30 3.02 2.93
CWIP 0.00 0.00 0.00 0.00 0.00 0.24 0.01 0.06 0.02 0.03 0.02 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
6.62 7.62 7.86 7.56 10.12 9.26 9.96 9.03 17.44 24.93 24.70 27.84 31.02
Total Assets 8.34 9.02 9.97 9.74 12.15 11.89 12.82 11.92 20.80 28.24 28.02 30.86 33.95

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-0.55 0.30 1.09 0.00 0.40 0.60 2.01 1.42 -5.13 -1.36 -0.45 0.28
-0.06 -0.28 -0.89 -0.28 -0.07 -0.83 -0.50 -0.36 -0.85 -0.37 -0.33 -0.04
0.40 0.68 0.04 -0.62 -0.28 0.96 -1.90 -0.72 6.67 3.19 -2.21 -0.24
Net Cash Flow -0.21 0.70 0.25 -0.90 0.05 0.74 -0.38 0.34 0.69 1.47 -2.99 0.00

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 96.01 42.84 45.31 76.00 87.03 66.31 103.09 88.87 64.22 76.42 81.76 75.33
Inventory Days 820.46 592.38 648.89 435.19 108.20 82.71 66.44 86.66 165.42 150.38 161.00 189.20
Days Payable 230.11 158.57 251.01 177.04 81.26 36.59 69.27 51.31 35.89 24.38 41.24 56.97
Cash Conversion Cycle 686.35 476.65 443.19 334.15 113.96 112.44 100.27 124.23 193.74 202.42 201.52 207.56
Working Capital Days 416.90 245.29 220.26 32.00 29.25 24.85 34.25 44.63 72.97 51.36 83.49 90.02
ROCE % 0.78% 4.21% 2.89% 3.86% 12.01% 11.66% 12.90% 12.25% 20.64% 13.86% 12.22% 9.70%

Insights

In beta
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Electricity Consumption
KWH

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Production Volume - Chimneys
Units
Production Volume - Gas Geysers
Units
Production Volume - LPG Glass Top Stoves
Units

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
62.26% 62.26% 62.26% 62.26% 62.26% 62.26% 62.26% 62.26% 62.26% 62.26% 62.26% 62.26%
1.38% 1.34% 1.34% 1.34% 1.34% 1.34% 1.34% 1.34% 1.34% 1.34% 1.34% 1.34%
36.36% 36.41% 36.41% 36.41% 36.40% 36.41% 36.40% 36.41% 36.40% 36.41% 36.40% 36.41%
No. of Shareholders 2,3462,3702,2872,1992,2022,1982,1862,1652,1292,1112,1632,061

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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