GKB Ophthalmics Ltd
Incorporated in 1981, GKB Ophthalmics Ltd is engaged in the manufacture and sale of ophthalmic lenses made up of Glass and
Plastic.[1]
- Market Cap ₹ 31.3 Cr.
- Current Price ₹ 62.1
- High / Low ₹ 91.7 / 45.2
- Stock P/E 16.4
- Book Value ₹ 105
- Dividend Yield 0.00 %
- ROCE 11.0 %
- ROE 3.63 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.59 times its book value
- Company is expected to give good quarter
Cons
- Company has a low return on equity of -4.73% over last 3 years.
- Contingent liabilities of Rs.17.9 Cr.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -7.96%
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 35 | 44 | 76 | 78 | 57 | 59 | 57 | 71 | 75 | 88 | 109 | 149 | |
| 34 | 44 | 75 | 77 | 56 | 56 | 55 | 66 | 72 | 88 | 112 | 140 | |
| Operating Profit | 1 | -1 | 2 | 1 | 1 | 2 | 2 | 5 | 4 | 1 | -3 | 9 |
| OPM % | 2% | -2% | 2% | 2% | 2% | 4% | 4% | 7% | 5% | 1% | -3% | 6% |
| 1 | 12 | 4 | 0 | 2 | 1 | 2 | 1 | 1 | 2 | 2 | 0 | |
| Interest | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 3 |
| Depreciation | 2 | 1 | 1 | 2 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | -2 | 8 | 3 | -1 | -2 | -2 | -1 | 2 | 0 | -3 | -7 | 3 |
| Tax % | -37% | 50% | 12% | -15% | -30% | 0% | -19% | 0% | 14% | 8% | 5% | 2% |
| 0 | 4 | 3 | -1 | -1 | -2 | -1 | 2 | 0 | -3 | -7 | 3 | |
| EPS in Rs | 0.00 | 9.51 | 6.24 | -2.34 | -2.37 | -3.65 | -1.81 | 2.52 | -0.34 | -5.57 | -13.97 | 2.42 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 21% |
| 3 Years: | 25% |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 80% |
| 3 Years: | 145% |
| TTM: | 127% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | -3% |
| 3 Years: | -15% |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -2% |
| 3 Years: | -5% |
| Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 36 | 41 | 43 | 41 | 50 | 54 | 58 | 58 | 58 | 55 | 47 | 48 |
| 9 | 7 | 7 | 10 | 14 | 15 | 12 | 12 | 11 | 11 | 14 | 12 | |
| 26 | 17 | 28 | 28 | 25 | 28 | 32 | 35 | 38 | 43 | 59 | 68 | |
| Total Liabilities | 75 | 69 | 82 | 83 | 94 | 102 | 107 | 110 | 112 | 114 | 125 | 132 |
| 12 | 13 | 18 | 18 | 26 | 26 | 24 | 23 | 19 | 18 | 17 | 15 | |
| CWIP | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 3 | 4 | 4 | 4 | 4 |
| Investments | 16 | 10 | 3 | 0 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| 46 | 46 | 60 | 64 | 68 | 75 | 80 | 82 | 87 | 91 | 102 | 111 | |
| Total Assets | 75 | 69 | 82 | 83 | 94 | 102 | 107 | 110 | 112 | 114 | 125 | 132 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 | -11 | -3 | -3 | 4 | 3 | 7 | 5 | -3 | 4 | -3 | ||
| -0 | 15 | 4 | 1 | -10 | -4 | -17 | -4 | 1 | -2 | 3 | ||
| -6 | -3 | -1 | 1 | 13 | 4 | 3 | -2 | -2 | -2 | 1 | ||
| Net Cash Flow | 1 | 0 | -1 | 0 | 7 | 4 | -7 | -0 | -4 | 1 | -0 | |
| Free Cash Flow | 7 | -13 | -9 | -5 | -6 | -0 | 1 | 0 | -2 | 2 | -6 | |
| CFO/OP | 1,117% | 639% | -112% | -190% | 346% | 154% | 300% | 105% | -71% | 865% | 118% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 191 | 143 | 118 | 129 | 150 | 155 | 125 | 100 | 134 | 117 | 85 | 110 |
| Inventory Days | 424 | 285 | 225 | 223 | 289 | 301 | 349 | 307 | 298 | 245 | 250 | 189 |
| Days Payable | 343 | 156 | 169 | 168 | 217 | 234 | 234 | 208 | 183 | 202 | 195 | 195 |
| Cash Conversion Cycle | 271 | 272 | 174 | 184 | 222 | 223 | 239 | 199 | 249 | 160 | 141 | 104 |
| Working Capital Days | 97 | 156 | 111 | 115 | 110 | 110 | 117 | 105 | 135 | 97 | 78 | 78 |
| ROCE % | -0% | -1% | 3% | 0% | -2% | -1% | 3% | 4% | 2% | -1% | -6% | 11% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Consolidated Revenue - Outside India % |
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| Total Permanent Employees Number ・Standalone data |
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| Average Daily Production Pieces per day ・Standalone data |
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| Installed capacity Lenses per day ・Standalone data |
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| Gross Current Asset (GCA) Days Days ・Standalone data |
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| Revenue from operations (Consolidated) Rs. Crore |
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| Production Volume (Annual) Pieces of Lenses ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8h - Copies of newspaper cuttings of the extract of statement of audited Standalone and Consolidated Financial Results for the year ended March 31, 2026, published in …
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Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended March 31, 2026
27 May - GKB Ophthalmics reported FY26 audited results; standalone loss, consolidated profit, and unmodified audit opinion.
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Board Meeting Outcome for GKB_Outcome Of The Board Meeting Held On May 27, 2026
27 May - Board approved FY26 audited results, no dividend, AGM on August 25, 2026, and director reappointments.
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Announcement under Regulation 30 (LODR)-Credit Rating
27 May - CRISIL migrated GKB Ophthalmics' Rs. 15.1 crore bank facilities to Crisil D on May 26, 2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
23 May - Annual Secretarial Compliance Report for year ended March 31, 2026; no non-compliances reported.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1][2]
GKBOL is in the business of manufacturing semi-finished ophthalmic glass and plastic
lenses, viz., single-vision glass, single-vision plastic, bifocal plastic and photochromic
plastic lenses.