Growington Ventures India Ltd

Growington Vent Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Growington Ventures India Ltd

₹ 214 1.18%
01 Dec - close price
vmvholidays.com BSE: 539222
About

Incorporated in 2010, Growington Ventures India Ltd does trading and distribution activities of different products[1]

Key Points

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

Website BSE
  • Market Cap ₹ 340 Cr.
  • Current Price ₹ 214
  • High / Low ₹ 220 / 44.1
  • Stock P/E 268
  • Book Value ₹ 11.6
  • Dividend Yield 0.00 %
  • ROCE 16.1 %
  • ROE 10.8 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 18.5 times its book value
  • Promoter holding has decreased over last quarter: -0.42%
  • Company has a low return on equity of 4.69% over last 3 years.
  • Earnings include an other income of Rs.0.93 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.

Peer comparison

Sector: Trading Industry: Trading

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Half Yearly Results

Figures in Rs. Crores

Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Sep 2023
0.77 0.52 0.16 0.27 0.53 0.28 0.96 3.82 10.58
0.91 0.53 0.22 0.33 0.78 0.34 1.29 3.92 9.70
Operating Profit -0.14 -0.01 -0.06 -0.06 -0.25 -0.06 -0.33 -0.10 0.88
OPM % -18.18% -1.92% -37.50% -22.22% -47.17% -21.43% -34.38% -2.62% 8.32%
0.24 0.22 0.29 0.23 0.21 0.20 0.23 0.49 0.39
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.02
Profit before tax 0.09 0.20 0.22 0.16 -0.05 0.13 -0.11 0.38 1.25
Tax % 33.33% 35.00% 18.18% 25.00% 20.00% 30.77% -27.27% 34.21% 25.60%
0.07 0.13 0.18 0.12 -0.04 0.10 -0.13 0.26 0.92
EPS in Rs 0.10 0.19 0.26 0.17 -0.06 0.14 -0.19 0.16 0.58
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.59 1.43 1.77 2.79 6.52 4.33 1.86 1.21 0.68 0.80 1.23 19.63
0.61 1.45 1.77 2.83 7.04 4.53 2.07 1.49 0.75 1.11 1.40 18.67
Operating Profit -0.02 -0.02 0.00 -0.04 -0.52 -0.20 -0.21 -0.28 -0.07 -0.31 -0.17 0.96
OPM % -3.39% -1.40% 0.00% -1.43% -7.98% -4.62% -11.29% -23.14% -10.29% -38.75% -13.82% 4.89%
0.03 0.03 0.02 -0.02 0.45 0.33 0.47 0.46 0.51 0.43 0.22 0.93
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.16
Depreciation 0.00 0.00 0.00 0.00 0.01 0.02 0.02 0.02 0.01 0.01 0.01 0.02
Profit before tax 0.01 0.01 0.02 -0.06 -0.08 0.11 0.24 0.16 0.43 0.11 0.04 1.71
Tax % 0.00% 0.00% 50.00% 0.00% 37.50% 45.45% 29.17% 25.00% 25.58% 27.27% 150.00% 26.32%
0.00 0.01 0.01 -0.06 -0.06 0.07 0.17 0.12 0.32 0.08 -0.03 1.26
EPS in Rs 0.02 -0.12 -0.10 0.10 0.25 0.17 0.46 0.12 -0.04 0.79
Dividend Payout % 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: 30%
5 Years: 60%
3 Years: 207%
TTM: 1496%
Compounded Profit Growth
10 Years: 62%
5 Years: 50%
3 Years: 58%
TTM: 705%
Stock Price CAGR
10 Years: %
5 Years: 83%
3 Years: 93%
1 Year: 251%
Return on Equity
10 Years: 4%
5 Years: 4%
3 Years: 5%
Last Year: 11%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.01 0.01 4.02 4.02 5.58 5.58 5.58 5.58 5.58 5.58 5.58 15.90 16.06
Reserves 0.03 0.01 0.01 -0.05 -0.11 -0.04 0.12 0.24 0.56 0.64 0.61 1.32 2.30
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
0.03 0.10 0.21 0.25 0.28 0.17 0.15 0.19 0.19 0.65 2.63 5.08 4.57
Total Liabilities 0.07 0.12 4.24 4.22 5.75 5.71 5.85 6.01 6.33 6.87 8.82 22.30 22.93
0.00 0.01 0.01 0.02 0.06 0.04 0.10 0.08 0.06 0.05 0.08 0.08 0.38
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 0.00 0.35 0.51 0.02 0.00 0.00
0.07 0.11 4.23 4.20 5.69 5.67 5.75 5.93 5.92 6.31 8.72 22.22 22.55
Total Assets 0.07 0.12 4.24 4.22 5.75 5.71 5.85 6.01 6.33 6.87 8.82 22.30 22.93

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 0.10 -3.02 -1.45 -1.79 -0.11 0.89 -0.77 -0.58 -1.14 0.77 -10.19
0.00 -0.01 0.01 0.41 0.38 0.32 0.39 0.46 0.16 0.26 0.65 0.86
-0.02 -0.02 4.00 0.00 1.56 0.00 0.00 0.00 0.00 0.00 2.50 7.33
Net Cash Flow -0.02 0.07 0.99 -1.03 0.15 0.21 1.28 -0.31 -0.42 -0.88 3.91 -2.00

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0.00 0.00 14.44 3.92 7.28 15.17 27.47 48.26 21.47 241.81 2.97 135.18
Inventory Days 0.00 0.00 1.61
Days Payable 92.06
Cash Conversion Cycle 0.00 0.00 14.44 3.92 7.28 15.17 27.47 48.26 21.47 241.81 2.97 44.73
Working Capital Days 12.37 -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
ROCE % 20.00% 33.33% 0.99% 9.50% -1.69% 2.00% 4.27% 2.78% 7.19% 1.62% 3.38% 16.06%

Shareholding Pattern

Numbers in percentages

Mar 2018Sep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
72.04% 72.04% 72.04% 72.04% 65.22% 61.10% 38.16% 38.16% 38.16% 43.12% 43.12% 42.70%
7.98% 13.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
19.99% 14.97% 27.96% 27.96% 34.78% 38.90% 61.84% 61.84% 61.84% 56.88% 56.87% 57.30%
No. of Shareholders 35313232295980339308236262252

* 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.

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Documents

Announcements

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