Golden Carpets Ltd

Golden Carpets Ltd

₹ 12.4 5.00%
15 Apr - close price
About

Incorporated in 1994, Golden Carpets Ltd manufactures 100% woven carpets for hotels, multiplexes, offices and homes based on customized designs.

Key Points

Business Overview:[1]
Company provides complete carpeting solutions for Hotels, Multiplexes, Corporate Offices with carpets that are tailor made as per client needs to serve the purpose of the venue. Apart from that, company also has an extensive design library showcasing area rugs which are meant to add beauty to smaller areas. It is one of the only companies in India that make carpets with customized designs.

  • Market Cap 8.04 Cr.
  • Current Price 12.4
  • High / Low 12.4 / 7.79
  • Stock P/E
  • Book Value -0.09
  • Dividend Yield 0.00 %
  • ROCE -4.21 %
  • ROE -211 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 9.79% over past five years.
  • Company has a low return on equity of -50.9% 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.

Peer comparison

Sector: Textiles Industry: Textiles - Products

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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
0.22 0.40 0.04 0.14 0.22 0.19 0.05 0.20 0.26 0.15 0.18 0.20 0.20
0.21 0.29 0.13 0.21 0.25 0.23 0.14 0.18 0.22 0.21 0.21 0.22 0.21
Operating Profit 0.01 0.11 -0.09 -0.07 -0.03 -0.04 -0.09 0.02 0.04 -0.06 -0.03 -0.02 -0.01
OPM % 4.55% 27.50% -225.00% -50.00% -13.64% -21.05% -180.00% 10.00% 15.38% -40.00% -16.67% -10.00% -5.00%
0.00 0.06 0.00 0.01 0.00 0.07 0.03 0.00 0.00 0.00 0.00 0.00 0.00
Interest 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
Depreciation 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03
Profit before tax -0.02 0.14 -0.12 -0.09 -0.06 0.00 -0.09 -0.01 0.01 -0.09 -0.06 -0.05 -0.04
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.02 0.14 -0.12 -0.09 -0.06 0.00 -0.10 -0.01 0.01 -0.10 -0.06 -0.04 -0.04
EPS in Rs -0.03 0.22 -0.18 -0.14 -0.09 0.00 -0.15 -0.02 0.02 -0.15 -0.09 -0.06 -0.06
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
1.30 0.79 0.51 0.76 0.66 0.68 0.42 0.72 1.19 0.90 0.59 0.67 0.73
1.11 1.02 0.66 1.00 0.84 1.06 0.76 0.82 0.98 0.84 0.81 0.77 0.85
Operating Profit 0.19 -0.23 -0.15 -0.24 -0.18 -0.38 -0.34 -0.10 0.21 0.06 -0.22 -0.10 -0.12
OPM % 14.62% -29.11% -29.41% -31.58% -27.27% -55.88% -80.95% -13.89% 17.65% 6.67% -37.29% -14.93% -16.44%
0.03 0.05 0.19 0.36 0.29 0.14 0.12 0.01 0.03 0.07 0.07 0.03 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.00 0.00 0.00 0.00
Depreciation 0.76 0.76 0.80 0.56 0.54 0.20 0.13 0.10 0.10 0.11 0.11 0.13 0.12
Profit before tax -0.54 -0.94 -0.76 -0.44 -0.43 -0.44 -0.35 -0.20 0.12 0.02 -0.26 -0.20 -0.24
Tax % 31.48% 19.15% 44.74% 31.82% 220.93% 31.82% 22.86% 30.00% 33.33% 50.00% 7.69% 5.00%
-0.37 -0.75 -0.42 -0.31 0.53 -0.31 -0.27 -0.14 0.08 0.02 -0.25 -0.20 -0.24
EPS in Rs -0.57 -1.16 -0.65 -0.48 0.82 -0.48 -0.42 -0.22 0.12 0.03 -0.39 -0.31 -0.36
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: -2%
5 Years: 10%
3 Years: -17%
TTM: 4%
Compounded Profit Growth
10 Years: 6%
5 Years: 5%
3 Years: %
TTM: -140%
Stock Price CAGR
10 Years: 17%
5 Years: %
3 Years: 41%
1 Year: 45%
Return on Equity
10 Years: -13%
5 Years: -30%
3 Years: -51%
Last Year: -211%

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 8.44 8.44 8.44 8.44 8.44 8.44 8.44 8.44 8.44 8.44 8.44 8.44 8.44
Reserves -3.86 -4.61 -5.03 -7.89 -7.36 -7.67 -7.95 -8.09 -8.01 -8.00 -8.25 -8.44 -8.50
4.54 4.52 4.52 4.52 4.52 4.53 4.54 4.66 4.66 4.66 4.66 4.66 4.66
1.75 1.48 1.08 0.89 0.06 0.11 0.33 0.42 0.46 0.56 0.61 0.68 0.69
Total Liabilities 10.87 9.83 9.01 5.96 5.66 5.41 5.36 5.43 5.55 5.66 5.46 5.34 5.29
7.33 6.58 5.82 2.72 2.18 2.00 1.91 1.92 1.81 1.93 1.88 1.78 1.86
CWIP 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
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
3.54 3.25 3.19 3.24 3.48 3.41 3.45 3.51 3.74 3.73 3.58 3.56 3.43
Total Assets 10.87 9.83 9.01 5.96 5.66 5.41 5.36 5.43 5.55 5.66 5.46 5.34 5.29

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
0.33 0.08 -0.27 0.16 0.05 0.04 -0.22 -0.17 -0.03 0.25 0.11 -0.09
-0.03 -0.01 -0.06 -0.01 0.00 -0.02 -0.05 -0.11 0.00 -0.23 -0.05 -0.04
-0.16 -0.01 0.00 0.00 0.00 0.01 0.01 0.12 0.00 0.00 0.00 0.00
Net Cash Flow 0.14 0.06 -0.33 0.15 0.05 0.03 -0.25 -0.16 -0.03 0.03 0.05 -0.13

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 112.31 13.86 85.88 91.25 55.30 10.74 60.83 40.56 15.34 89.22 24.75 43.58
Inventory Days 1,478.56 2,463.75 5,908.44 2,643.48 3,501.30 2,825.81 4,994.74 3,297.17 2,774.00 3,070.29 4,303.96 4,618.04
Days Payable 136.10 101.39 205.31 33.18 54.07 70.65 326.58 158.17 36.50 32.21 30.42 47.61
Cash Conversion Cycle 1,454.77 2,376.22 5,789.01 2,701.55 3,502.53 2,765.90 4,728.99 3,179.56 2,752.84 3,127.31 4,298.29 4,614.02
Working Capital Days 727.19 1,076.52 1,889.41 1,248.68 1,471.06 1,277.50 2,050.95 1,231.88 822.02 1,038.22 1,429.07 1,274.78
ROCE % -5.76% -10.76% -9.34% -6.77% -8.06% -8.07% -6.78% -3.78% 2.77% 0.39% -5.23% -4.21%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
60.78% 60.78% 60.78% 61.27% 61.34% 61.42% 61.59% 62.54% 64.64% 65.05% 65.15% 65.18%
39.22% 39.22% 39.22% 38.73% 38.66% 38.58% 38.41% 37.47% 35.36% 34.95% 34.86% 34.82%
No. of Shareholders 808843867886904914909896882901894899

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