Growington Ventures India Ltd
Incorporated in 2010, Growington Ventures India Ltd does trading and distribution activities of different products[1]
- Market Cap ₹ 126 Cr.
- Current Price ₹ 1.96
- High / Low ₹ 3.80 / 1.12
- Stock P/E 47.7
- Book Value ₹ 0.32
- Dividend Yield 0.00 %
- ROCE 14.6 %
- ROE 9.65 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 6.06 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.26% over 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1.43 | 1.77 | 2.79 | 6.52 | 4.33 | 1.86 | 1.21 | 0.68 | 0.80 | 1.23 | 19.63 | 30.34 | 34.68 | |
1.45 | 1.77 | 2.83 | 7.04 | 4.53 | 2.07 | 1.49 | 0.75 | 1.11 | 1.40 | 18.68 | 28.13 | 30.54 | |
Operating Profit | -0.02 | 0.00 | -0.04 | -0.52 | -0.20 | -0.21 | -0.28 | -0.07 | -0.31 | -0.17 | 0.95 | 2.21 | 4.14 |
OPM % | -1.40% | 0.00% | -1.43% | -7.98% | -4.62% | -11.29% | -23.14% | -10.29% | -38.75% | -13.82% | 4.84% | 7.28% | 11.94% |
0.03 | 0.02 | -0.02 | 0.45 | 0.33 | 0.47 | 0.46 | 0.51 | 0.43 | 0.22 | 0.94 | 0.74 | 0.78 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.16 | 0.13 | 0.47 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.06 | 0.20 |
Profit before tax | 0.01 | 0.02 | -0.06 | -0.08 | 0.11 | 0.24 | 0.16 | 0.43 | 0.11 | 0.04 | 1.71 | 2.76 | 4.25 |
Tax % | 0.00% | 50.00% | 0.00% | -37.50% | 45.45% | 29.17% | 25.00% | 25.58% | 27.27% | 150.00% | 26.32% | 36.23% | |
0.01 | 0.01 | -0.06 | -0.06 | 0.07 | 0.17 | 0.12 | 0.32 | 0.08 | -0.03 | 1.26 | 1.76 | 2.64 | |
EPS in Rs | 0.00 | -0.00 | -0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.00 | -0.00 | 0.02 | 0.03 | 0.04 | |
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: | 33% |
5 Years: | 90% |
3 Years: | 236% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 68% |
5 Years: | 71% |
3 Years: | 193% |
TTM: | 40% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 44% |
1 Year: | -44% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 6% |
3 Years: | 7% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 4.02 | 4.02 | 5.58 | 5.58 | 5.58 | 5.58 | 5.58 | 5.58 | 5.58 | 15.90 | 16.06 | 16.06 |
Reserves | 0.01 | 0.01 | -0.05 | -0.11 | -0.04 | 0.12 | 0.24 | 0.56 | 0.64 | 3.11 | 1.38 | 3.14 | 4.70 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.98 | 6.41 | |
0.10 | 0.21 | 0.25 | 0.28 | 0.17 | 0.15 | 0.19 | 0.19 | 0.65 | 0.13 | 5.02 | 7.35 | 9.08 | |
Total Liabilities | 0.12 | 4.24 | 4.22 | 5.75 | 5.71 | 5.85 | 6.01 | 6.33 | 6.87 | 8.82 | 22.30 | 29.53 | 36.25 |
0.01 | 0.01 | 0.02 | 0.06 | 0.04 | 0.10 | 0.08 | 0.06 | 0.05 | 0.08 | 0.08 | 0.52 | 0.41 | |
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 | 0.35 | 0.51 | 0.02 | 0.00 | 1.00 | 1.00 |
0.11 | 4.23 | 4.20 | 5.69 | 5.67 | 5.75 | 5.93 | 5.92 | 6.31 | 8.72 | 22.22 | 28.01 | 34.84 | |
Total Assets | 0.12 | 4.24 | 4.22 | 5.75 | 5.71 | 5.85 | 6.01 | 6.33 | 6.87 | 8.82 | 22.30 | 29.53 | 36.25 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.10 | -3.02 | -1.45 | -1.79 | -0.11 | 0.89 | -0.77 | -0.58 | -1.14 | 0.77 | -10.04 | -0.81 | |
-0.01 | 0.01 | 0.41 | 0.38 | 0.32 | 0.39 | 0.46 | 0.16 | 0.26 | 0.65 | 3.24 | -1.01 | |
-0.02 | 4.00 | 0.00 | 1.56 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.50 | 7.18 | 0.16 | |
Net Cash Flow | 0.07 | 0.99 | -1.03 | 0.15 | 0.21 | 1.28 | -0.31 | -0.42 | -0.88 | 3.91 | 0.38 | -1.66 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 14.44 | 3.92 | 7.28 | 15.17 | 27.47 | 48.26 | 21.47 | 241.81 | 2.97 | 135.18 | 75.31 |
Inventory Days | 0.00 | 0.00 | 1.61 | 8.52 | ||||||||
Days Payable | 92.06 | 91.71 | ||||||||||
Cash Conversion Cycle | 0.00 | 14.44 | 3.92 | 7.28 | 15.17 | 27.47 | 48.26 | 21.47 | 241.81 | 2.97 | 44.73 | -7.88 |
Working Capital Days | -20.42 | 604.21 | 493.21 | 284.39 | 418.11 | 753.55 | 1,297.11 | 2,533.53 | 2,518.50 | 1,341.30 | 281.51 | 241.81 |
ROCE % | 33.33% | 0.99% | 9.50% | -1.69% | 2.00% | 4.27% | 2.78% | 7.19% | 1.62% | 2.82% | 14.40% | 14.65% |
Documents
Announcements
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Board Meeting Outcome for Revised Outcome For Board Meeting Held On 23Rd April,2025
1d - Correction of rights issue closing and renunciation dates to 12 June and 6 June 2025 respectively.
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Board Meeting Outcome for Revised Outcome Of Board Meeting Held On 23Rd April, 2025 As Per The Regulation 30 Of SEBI (LODR) Regulation, 2015
24 Apr - Rights issue of 48.16 crore shares at Rs.1 each; corrected share numbers and amounts disclosed.
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Intimation Of Record Date For Issue Of Equity Shares On Rights ('Rights Issue')
23 Apr - Record date set as April 29, 2025 for 3:1 rights equity share issue.
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Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E., 23Rd April, 2025 As Per The Regulation 30 Of SEBI (LODR) Regulation, 2015
23 Apr - Rights issue of 49.75 crore shares at Rs.1 each, 3:1 ratio, raising Rs.49.75 crore in May 2025.
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Intimation Of In-Principle Approval Received For Rights Issue Of Fully Paid-Up Equity Shares By Growington Ventures India Limited Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015
18 Apr - BSE grants in-principle approval for proposed rights issue by Growington Ventures.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
Business Overview:[1][2][3]
Company used to deal in holiday travel packages but shifted to the business of exporting & importing of Premium Quality Fruits. It has a portfolio of fruits like Apple, Green Apple, Orange & Mandarin, Pear, South African Pear, Kiwi, Dragon Fruit, Avocado, Red Globe Grapes, Plum, Nectarines, Peaches, Banana, Cherries, Blueberries, Grape Fruit, Mango Stem, Ram Bhutan, Longan, Dates, Tamarind, etc. Company is also planning to start trading of Spices