Golden Carpets Ltd

₹ 7.85 0.00%
May 20 - 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 5.09 Cr.
  • Current Price 7.85
  • High / Low 8.24 / 4.33
  • Stock P/E
  • Book Value 0.29
  • Dividend Yield 0.00 %
  • ROCE -5.23 %
  • ROE -79.4 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 42.77 to 24.75 days.

Cons

  • Stock is trading at 26.81 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -2.80% over past five years.
  • Company has a low return on equity of -14.04% for 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: Textiles Industry: Textiles - Products

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Quarterly Results

Figures in Rs. Crores

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
0.15 0.77 0.22 0.68 0.08 0.21 0.22 0.40 0.04 0.14 0.22 0.19
0.19 0.49 0.23 0.27 0.15 0.20 0.21 0.29 0.13 0.21 0.25 0.23
Operating Profit -0.04 0.28 -0.01 0.41 -0.07 0.01 0.01 0.11 -0.09 -0.07 -0.03 -0.04
OPM % -26.67% 36.36% -4.55% 60.29% -87.50% 4.76% 4.55% 27.50% -225.00% -50.00% -13.64% -21.05%
0.00 0.00 0.03 0.03 0.00 0.01 0.00 0.06 0.00 0.01 0.00 0.07
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
Depreciation 0.03 0.03 0.03 0.02 0.02 0.03 0.03 0.03 0.03 0.03 0.03 0.03
Profit before tax -0.07 0.25 -0.01 0.42 -0.09 -0.01 -0.02 0.14 -0.12 -0.09 -0.06 0.00
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -0.07 0.26 -0.01 0.42 -0.10 -0.01 -0.02 0.14 -0.12 -0.09 -0.06 0.00
EPS in Rs -0.11 0.40 -0.02 0.65 -0.15 -0.02 -0.03 0.22 -0.18 -0.14 -0.09 0.00

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
1.26 1.30 0.79 0.51 0.76 0.66 0.68 0.42 0.72 1.19 0.91 0.59
0.99 1.11 1.02 0.66 1.00 0.84 1.06 0.76 0.82 0.98 0.86 0.81
Operating Profit 0.27 0.19 -0.23 -0.15 -0.24 -0.18 -0.38 -0.34 -0.10 0.21 0.05 -0.22
OPM % 21.43% 14.62% -29.11% -29.41% -31.58% -27.27% -55.88% -80.95% -13.89% 17.65% 5.49% -37.29%
-0.08 0.03 0.05 0.19 0.36 0.29 0.14 0.12 0.01 0.03 0.07 0.07
Interest 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.00 0.00
Depreciation 0.76 0.76 0.76 0.80 0.56 0.54 0.20 0.13 0.10 0.10 0.11 0.11
Profit before tax -0.58 -0.54 -0.94 -0.76 -0.44 -0.43 -0.44 -0.35 -0.20 0.12 0.01 -0.26
Tax % 29.31% 31.48% 19.15% 44.74% 31.82% 220.93% 31.82% 22.86% 30.00% 33.33% 100.00% 7.69%
Net Profit -0.41 -0.37 -0.75 -0.42 -0.31 0.53 -0.31 -0.27 -0.14 0.08 0.01 -0.25
EPS in Rs -0.63 -0.57 -1.16 -0.65 -0.48 0.82 -0.48 -0.42 -0.22 0.12 0.02 -0.39
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: -8%
5 Years: -3%
3 Years: -6%
TTM: -35%
Compounded Profit Growth
10 Years: 3%
5 Years: 4%
3 Years: -40%
TTM: -2600%
Stock Price CAGR
10 Years: 13%
5 Years: 2%
3 Years: %
1 Year: 67%
Return on Equity
10 Years: -13%
5 Years: -26%
3 Years: -14%
Last Year: -79%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
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 -3.49 -3.86 -4.61 -5.03 -7.89 -7.36 -7.67 -7.95 -8.09 -8.01 -8.00 -8.25
Borrowings 4.69 4.54 4.52 4.52 4.52 4.52 4.53 4.54 4.66 4.66 4.66 4.66
1.94 1.75 1.48 1.08 0.89 0.06 0.11 0.33 0.42 0.46 0.56 0.61
Total Liabilities 11.58 10.87 9.83 9.01 5.96 5.66 5.41 5.36 5.43 5.55 5.66 5.46
8.05 7.33 6.58 5.82 2.72 2.18 2.00 1.91 1.92 1.81 1.93 1.88
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
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
3.53 3.54 3.25 3.19 3.24 3.48 3.41 3.45 3.51 3.74 3.73 3.58
Total Assets 11.58 10.87 9.83 9.01 5.96 5.66 5.41 5.36 5.43 5.55 5.66 5.46

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-0.08 0.33 0.08 -0.27 0.16 0.05 0.04 -0.22 -0.17 -0.03 0.25 0.11
-0.05 -0.03 -0.01 -0.06 -0.01 0.00 -0.02 -0.05 -0.11 0.00 -0.23 -0.05
0.00 -0.16 -0.01 0.00 0.00 0.00 0.01 0.01 0.12 0.00 0.00 0.00
Net Cash Flow -0.13 0.14 0.06 -0.33 0.15 0.05 0.03 -0.25 -0.16 -0.03 0.03 0.05

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 63.73 112.31 13.86 85.88 91.25 55.30 10.74 60.83 40.56 15.34 88.24 24.75
Inventory Days 1,971.00 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
Days Payable 182.50 136.10 101.39 205.31 33.18 54.07 70.65 326.58 158.17 36.50 32.21 30.42
Cash Conversion Cycle 1,852.23 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 3,126.33 4,298.29
Working Capital Days 782.14 730.00 1,081.14 1,896.57 1,248.68 1,471.06 1,277.50 2,050.95 1,231.88 822.02 1,026.81 -1,224.92
ROCE % -4.23% -5.76% -10.76% -9.34% -6.77% -8.06% -8.07% -6.78% -3.78% 2.77% 0.20% -5.23%

Shareholding Pattern

Numbers in percentages

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
60.37 60.37 60.37 60.37 60.37 60.37 60.37 60.37 60.78 60.78 60.78 61.27
39.63 39.63 39.63 39.63 39.63 39.63 39.63 39.63 39.22 39.22 39.22 38.73

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