Growington Ventures India Ltd
Incorporated in 2010, Growington Ventures India Ltd does trading and distribution activities of different products[1]
- Market Cap ₹ 121 Cr.
- Current Price ₹ 1.88
- High / Low ₹ 3.80 / 1.12
- Stock P/E 55.1
- Book Value ₹ 0.30
- Dividend Yield 0.00 %
- ROCE 11.7 %
- ROE 6.36 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Debtor days have improved from 105 to 75.1 days.
Cons
- Stock is trading at 6.20 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|
19.63 | 34.30 | 38.20 | |
18.68 | 32.71 | 34.51 | |
Operating Profit | 0.95 | 1.59 | 3.69 |
OPM % | 4.84% | 4.64% | 9.66% |
0.94 | 0.75 | 0.80 | |
Interest | 0.16 | 0.13 | 0.47 |
Depreciation | 0.02 | 0.07 | 0.21 |
Profit before tax | 1.71 | 2.14 | 3.81 |
Tax % | 26.32% | 46.73% | |
1.26 | 1.14 | 2.19 | |
EPS in Rs | 0.02 | 0.02 | 0.04 |
Dividend Payout % | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -12% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 42% |
1 Year: | -47% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|
Equity Capital | 15.90 | 16.06 | 16.06 |
Reserves | 1.38 | 2.52 | 3.41 |
0.00 | 2.98 | 6.41 | |
5.02 | 8.38 | 9.58 | |
Total Liabilities | 22.30 | 29.94 | 35.46 |
0.08 | 0.62 | 0.50 | |
CWIP | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 |
22.22 | 29.32 | 34.96 | |
Total Assets | 22.30 | 29.94 | 35.46 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | |
---|---|---|
-10.04 | -4.59 | |
3.24 | 0.17 | |
7.18 | 3.01 | |
Net Cash Flow | 0.38 | -1.40 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2023 | Mar 2024 | |
---|---|---|
Debtor Days | 135.18 | 75.13 |
Inventory Days | 1.61 | 10.74 |
Days Payable | 92.06 | 93.03 |
Cash Conversion Cycle | 44.73 | -7.16 |
Working Capital Days | 281.51 | 215.28 |
ROCE % | 11.69% |
Documents
Announcements
-
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.
-
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.
-
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.
-
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.
-
Board Meeting Intimation for Intimation Of Meeting Of The Board Under The Regulation 29 Of SEBI (LODR), Regulations, 2015
17 Apr - Board meeting to discuss terms of proposed rights issue.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
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