Growington Ventures India Ltd

Growington Ventures India Ltd

₹ 0.83 -2.35%
08 May 12:59 p.m.
About

Incorporated in 2010, Growington Ventures India Ltd engaged in the business of importing & trading of various varieties of fruits globally.[1]

Key Points

Business Overview:[1]
GVIL (formerly known as VMV Holidays Limited) was engaged in the travel and tourist business, in addition to conducting trading in the normal course of business. Post-Covid 19 pandemic, the company's tours and travel business was adversely affected, and the Company started experiencing losses. In the mid of FY22, the company decided to shift its primary line of business activities and concentrate more on the trading of a variety of products, ranging from the import of fruits, etc. Currently, it is in the business of importing premium-quality fruits.

  • Market Cap 53.3 Cr.
  • Current Price 0.83
  • High / Low 2.13 / 0.59
  • Stock P/E 15.6
  • Book Value 1.13
  • Dividend Yield 0.00 %
  • ROCE 9.89 %
  • ROE 7.26 %
  • Face Value 1.00

Pros

  • Stock is trading at 0.73 times its book value
  • Company is expected to give good quarter
  • Company's median sales growth is 35.7% of last 10 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 10.7%
  • Company has a low return on equity of 8.91% over last 3 years.
  • Company has high debtors of 228 days.
  • Promoter holding has decreased over last 3 years: -32.4%

* 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

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
11.30 2.42 8.17 10.42 9.34 6.43 5.47 13.44 35.74 15.81 27.16 22.15 61.40
10.38 2.99 6.73 9.23 9.25 5.31 4.41 11.57 35.92 13.59 26.05 21.45 60.58
Operating Profit 0.92 -0.57 1.44 1.19 0.09 1.12 1.06 1.87 -0.18 2.22 1.11 0.70 0.82
OPM % 8.14% -23.55% 17.63% 11.42% 0.96% 17.42% 19.38% 13.91% -0.50% 14.04% 4.09% 3.16% 1.34%
0.22 0.20 0.21 0.21 0.19 0.18 0.18 0.23 0.21 0.18 0.24 0.18 0.17
Interest 0.00 0.00 0.00 0.05 0.07 0.12 0.13 0.15 0.23 0.29 0.10 0.18 0.23
Depreciation 0.01 0.01 0.01 0.02 0.03 0.06 0.06 0.05 0.11 0.11 0.04 0.00 0.00
Profit before tax 1.13 -0.38 1.64 1.33 0.18 1.12 1.05 1.90 -0.31 2.00 1.21 0.70 0.76
Tax % 25.66% 0.00% 25.61% 27.07% 177.78% 25.89% 29.52% 36.32% 0.00% 25.50% 22.31% 30.00% 34.21%
0.84 -0.38 1.21 0.97 -0.14 0.83 0.74 1.21 -0.31 1.49 0.93 0.49 0.49
EPS in Rs 0.01 -0.01 0.02 0.02 -0.00 0.01 0.01 0.02 -0.00 0.02 0.01 0.01 0.01
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
3 7 4 2 1 1 1 1 20 30 61 127
3 7 5 2 1 1 1 1 19 28 57 122
Operating Profit -0 -1 -0 -0 -0 -0 -0 -0 1 2 4 5
OPM % -1% -8% -5% -11% -23% -10% -39% -14% 5% 7% 6% 4%
-0 0 0 0 0 1 0 0 1 1 1 1
Interest 0 0 0 0 0 0 0 0 0 0 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -0 -0 0 0 0 0 0 0 2 3 4 5
Tax % 0% -38% 45% 29% 25% 26% 27% 150% 26% 36% 34% 27%
-0 -0 0 0 0 0 0 -0 1 2 2 3
EPS in Rs -0.00 -0.00 0.00 0.01 0.00 0.01 0.00 -0.00 0.02 0.03 0.04 0.05
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 35%
5 Years: 175%
3 Years: 86%
TTM: 107%
Compounded Profit Growth
10 Years: 50%
5 Years: 118%
3 Years: 39%
TTM: 39%
Stock Price CAGR
10 Years: 3%
5 Years: 15%
3 Years: -52%
1 Year: -48%
Return on Equity
10 Years: 7%
5 Years: 8%
3 Years: 9%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 6 6 6 6 6 6 6 16 16 16 64
Reserves -0 -0 -0 0 0 1 1 3 1 3 6 8
0 0 0 0 0 0 0 0 0 3 9 8
0 0 0 0 0 0 1 0 5 7 10 20
Total Liabilities 4 6 6 6 6 6 7 9 22 30 41 101
0 0 0 0 0 0 0 0 0 1 1 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 1 0 0 1 1 1
4 6 6 6 6 6 6 9 22 28 39 100
Total Assets 4 6 6 6 6 6 7 9 22 30 41 101

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-1 -2 -0 1 -1 -1 -1 1 -10 -4 -3 -47
0 0 0 0 0 0 0 1 3 -1 -0 1
0 2 0 0 0 0 0 2 7 3 4 46
Net Cash Flow -1 0 0 1 -0 -0 -1 4 0 -2 1 0
Free Cash Flow -1 -2 -0 1 -1 -1 -1 1 -10 -4 -3 -47
CFO/OP 3,600% 344% 35% -424% 264% 757% 358% -471% -1,046% -143% -48% -941%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 4 7 15 27 48 21 242 3 135 75 76 228
Inventory Days 0 0 2 9 4 5
Days Payable 92 92 44 58
Cash Conversion Cycle 4 7 15 27 48 21 242 3 45 -8 35 175
Working Capital Days 493 284 418 754 1,297 2,534 2,518 1,341 282 206 105 198
ROCE % 10% -2% 2% 4% 3% 7% 2% 3% 14% 15% 17% 10%

Insights

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Mar 2015 Mar 2017 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtors Turnover Ratio
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Customer Concentration (Revenue contribution from top customers)
Percentage
Geographic Market Presence
Number of Countries
Number of Customers contributing >10% of revenue
Number
Permanent Employees
Number

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Shareholding Pattern

Numbers in percentages

21 Recently
Mar 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
43.12% 42.70% 42.70% 42.70% 42.70% 42.70% 42.70% 42.70% 10.67% 10.67% 10.67% 10.67%
56.87% 57.30% 57.31% 57.31% 57.31% 57.29% 57.30% 57.30% 89.33% 89.33% 89.32% 89.33%
No. of Shareholders 26225296224,10227,31336,46647,43551,42554,29157,75960,94263,111

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