Gokak Textiles Ltd

Gokak Textiles Ltd

₹ 134 -1.97%
06 Dec - close price
About

Incorporated in 2007, Gokak Textiles Limited is engaged in manufacturing of yarns, fabrics, etc. and generation of hydro power

Key Points

Product Portfolio:[1]
a) Dyed Yarns Cotton Yarn, Blended Yarn, etc.
b) Yarns: Knitting, Weaving, Socks, Sweaters, Home Furnishings, Industrial Fabrics, Customized, etc.
c) Canvas: Tents, Tarpaulins, Animal Covers, Agriculture covers
d) Made Ups: Terry Towels, Bath Mats, Ladies' Head Towel, etc.
e) Garments: T-shirts, Polo, Undergarments, etc.

  • Market Cap 87.4 Cr.
  • Current Price 134
  • High / Low 146 / 17.2
  • Stock P/E
  • Book Value 10.2
  • Dividend Yield 0.00 %
  • ROCE -37.4 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 13.1 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -14.5% over past five years.
  • Contingent liabilities of Rs.102 Cr.

* 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

Standalone Figures in Rs. Crores / View Consolidated

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
29.56 29.54 32.95 28.95 29.56 29.48 30.69 20.44 18.22 18.51 21.85 28.26 29.61
32.18 35.31 37.44 32.61 32.18 33.96 34.25 25.16 23.27 24.55 27.45 33.79 35.87
Operating Profit -2.62 -5.77 -4.49 -3.66 -2.62 -4.48 -3.56 -4.72 -5.05 -6.04 -5.60 -5.53 -6.26
OPM % -8.86% -19.53% -13.63% -12.64% -8.86% -15.20% -11.60% -23.09% -27.72% -32.63% -25.63% -19.57% -21.14%
0.38 0.63 1.07 0.21 0.38 1.23 0.60 0.35 1.08 1.19 31.91 0.42 12.17
Interest 3.38 3.39 3.32 3.58 3.38 3.83 3.49 3.93 3.20 3.58 -6.21 1.45 3.58
Depreciation 1.53 1.52 1.48 1.47 1.53 1.30 1.24 1.24 1.25 1.23 1.32 1.18 1.19
Profit before tax -7.15 -10.05 -8.22 -8.50 -7.15 -8.38 -7.69 -9.54 -8.42 -9.66 31.20 -7.74 1.14
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% 0.00%
-7.14 -10.06 -8.22 -8.50 -7.14 -8.39 -7.69 -9.54 -8.41 -9.65 31.20 -7.74 1.14
EPS in Rs -10.99 -15.48 -12.65 -13.08 -10.99 -12.91 -11.83 -14.68 -12.94 -14.85 48.01 -11.91 1.75
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Sep 2012 Sep 2013 Sep 2014 Sep 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
480 358 342 324 100 78 173 173 98 107 120 79 98
500 341 345 346 116 104 192 196 129 127 137 100 122
Operating Profit -20 17 -4 -22 -15 -26 -19 -23 -31 -20 -17 -21 -23
OPM % -4% 5% -1% -7% -15% -34% -11% -13% -31% -19% -14% -27% -24%
98 2 2 3 5 13 3 7 4 2 4 35 46
Interest 39 21 23 22 10 17 14 14 12 13 15 4 2
Depreciation 20 10 10 8 4 7 7 6 6 6 5 5 5
Profit before tax 19 -13 -35 -48 -24 -37 -36 -36 -45 -37 -33 4 15
Tax % -4% -12% 1% 5% -3% 8% -3% 0% 0% 0% 0% 0%
19 -15 -34 -45 -24 -34 -37 -36 -45 -37 -33 4 15
EPS in Rs 29.97 -22.34 -52.51 -69.98 -37.45 -52.05 -57.24 -55.87 -68.61 -56.73 -50.14 5.52 23.00
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -17%
5 Years: -15%
3 Years: -7%
TTM: -1%
Compounded Profit Growth
10 Years: 5%
5 Years: 5%
3 Years: 12%
TTM: 26%
Stock Price CAGR
10 Years: 13%
5 Years: 41%
3 Years: 102%
1 Year: 366%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Sep 2012 Sep 2013 Sep 2014 Sep 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 6 6 6 6 6 6 6 6 6 6 6 6 6
Reserves 78 64 29 -18 -6 19 -111 -147 -191 -229 -261 -147 0
Preference Capital 0 0 0 20 0 0 142 180 183 186 189 193
137 135 157 158 147 104 92 65 93 106 133 4 112
56 72 95 95 64 47 182 228 231 243 233 242 49
Total Liabilities 278 277 289 242 211 177 170 153 139 127 112 105 168
125 117 108 98 93 86 79 74 68 62 56 51 49
CWIP 1 0 0 0 0 0 0 0 0 0 0 0 0
Investments 25 25 25 25 25 25 25 25 25 25 25 25 90
127 135 156 119 93 66 65 54 46 40 31 29 29
Total Assets 278 277 289 242 211 177 170 153 139 127 112 105 168

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Sep 2012 Sep 2013 Sep 2014 Sep 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
32 24 0 20 -20 -2 -19 4 -20 -5 -19 -11
92 -1 -0 1 6 3 1 1 3 1 1 0
-124 -24 -0 -1 -5 -2 18 -4 19 4 16 10
Net Cash Flow 0 -1 -0 20 -19 -1 0 -0 2 1 -1 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Sep 2012 Sep 2013 Sep 2014 Sep 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 15 23 19 14 43 31 28 18 22 18 10 9
Inventory Days 76 134 167 72 216 220 84 74 107 99 74 108
Days Payable 27 82 122 77 152 151 61 89 153 184 94 164
Cash Conversion Cycle 64 75 64 9 107 101 51 3 -23 -68 -10 -47
Working Capital Days 27 34 22 -22 -39 -131 -29 6 -13 -51 -23 -62
ROCE % -16% 4% -6% -14% -10% -16% -18% -19% -36% -30% -28% -37%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
73.56% 73.56% 73.56% 73.56% 73.56% 73.56% 73.56% 73.56% 73.56% 73.56% 73.56% 73.56%
3.09% 3.09% 3.09% 3.09% 3.09% 3.09% 3.09% 3.09% 3.09% 3.09% 3.09% 3.09%
4.71% 4.71% 4.71% 4.70% 4.70% 4.70% 4.70% 4.70% 4.70% 4.70% 4.70% 4.70%
0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85%
17.80% 17.80% 17.80% 17.80% 17.80% 17.80% 17.80% 17.81% 17.80% 17.81% 17.80% 17.80%
No. of Shareholders 8,6018,5308,4678,4898,4548,4148,3998,3468,3248,3048,2898,548

* 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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