Grandeur Products Ltd(Merged)
Grandeur Products Limited is engaged in the business of seed research and development, and sales & marketing of related products. [1]
- Market Cap ₹ 435 Cr.
- Current Price ₹ 173
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 21.1
- Dividend Yield 0.00 %
- ROCE -0.55 %
- ROE -11.9 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Debtor days have improved from 94.2 to 49.5 days.
Cons
- Stock is trading at 8.20 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -1.80% over last 3 years.
- Working capital days have increased from 92.7 days to 191 days
* 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 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM | |
|---|---|---|---|---|---|
| 11 | 106 | 99 | 57 | 18 | |
| 14 | 98 | 93 | 59 | 31 | |
| Operating Profit | -3 | 8 | 6 | -2 | -12 |
| OPM % | -27% | 8% | 6% | -3% | -66% |
| 1 | 0 | 0 | 2 | 2 | |
| Interest | 1 | 4 | 6 | 7 | 7 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -4 | 5 | 0 | -8 | -18 |
| Tax % | -7% | 19% | 22% | -17% | |
| -3 | 4 | 0 | -6 | -14 | |
| EPS in Rs | -2.58 | 1.66 | 0.09 | -2.49 | -5.56 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 73% |
| TTM: | -83% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -42% |
| TTM: | -420% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -11% |
| 3 Years: | 0% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -2% |
| Last Year: | -12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|
| Equity Capital | 13 | 22 | 22 | 25 |
| Reserves | 0 | 26 | 26 | 32 |
| 12 | 34 | 62 | 62 | |
| 60 | 82 | 81 | 43 | |
| Total Liabilities | 84 | 164 | 191 | 162 |
| 59 | 60 | 84 | 84 | |
| CWIP | 0 | 0 | 0 | 2 |
| Investments | 2 | 12 | 1 | 1 |
| 23 | 92 | 106 | 76 | |
| Total Assets | 84 | 164 | 191 | 162 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|
| -7 | -31 | -12 | 6 | |
| -53 | -0 | -4 | -2 | |
| 42 | 30 | 19 | -6 | |
| Net Cash Flow | -18 | -1 | 2 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|
| Debtor Days | 132 | 100 | 133 | 50 |
| Inventory Days | 1,250 | 229 | 347 | 588 |
| Days Payable | 1,687 | 162 | 295 | 194 |
| Cash Conversion Cycle | -305 | 167 | 185 | 443 |
| Working Capital Days | -551 | -8 | 95 | 191 |
| ROCE % | 15% | 6% | -1% |
Documents
Announcements
- Disclosure Of Related Party Transactions For The Half-Year Ended September 30, 2021 Pursuant To Regulation 23(9) Of The SEBI (LODR) Regulations, 2015 7 Dec 2021
- Corporate Action-Amalgamation/ Merger / Demerger 25 Nov 2021
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
19 Nov 2021 - The company has received the certified copy of the order passed by the Hon'ble National Company Law Tribunal, Hyderabad Bench ('NCLT') together with the certified …
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
18 Nov 2021 - The company has received the certified copy of the order passed by the Hon'ble National Company Law Tribunal, Hyderabad Bench ('NCLT'), today i.e., November 18, …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov 2021 - Copies of the newspaper publications for financial results of the Company for the second quarter and half-year ended September 30, 2021. The advertisements were published …
Acquisition of TAPL
In 2017, the company acquired Tierra Agrotech Private Limited (TAPL) with the objective to enter into the seed business. TAPL is an agriculture technology company focused on developing innovative seeds.
In 2018, the company acquired Monsanto's Indian cotton seed business from Monsanto Holdings Pvt Ltd. Further, in March 2018 it acquired Xylem Seeds Pvt Ltd from DuPont and entered the business of cotton seed development, production, conventional breeding, marketing, and sales of seeds in the territory of India. [1]