GTV Engineering Ltd
Incorporated in 1990, GTV Engineering Ltd manufactures Hi- Tech Steel fabrication and Whole Wheat Flour[1]
- Market Cap ₹ 260 Cr.
- Current Price ₹ 833
- High / Low ₹ 848 / 395
- Stock P/E 23.5
- Book Value ₹ 151
- Dividend Yield 0.06 %
- ROCE 27.5 %
- ROE 26.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 68.6% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 9.82% over past five years.
- Company might be capitalizing the interest cost
- Working capital days have increased from 63.7 days to 89.4 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.
Peer comparison
Sector: Castings, Forgings & Fastners Industry: Castings & Forgings
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
28 | 33 | 28 | 44 | 50 | 69 | 64 | 57 | 77 | 96 | 120 | 103 | |
27 | 32 | 26 | 43 | 49 | 68 | 63 | 56 | 76 | 93 | 115 | 87 | |
Operating Profit | 1 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 5 | 16 |
OPM % | 4% | 4% | 6% | 3% | 3% | 2% | 2% | 2% | 2% | 3% | 5% | 16% |
0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 0 | |
Interest | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 7 | 15 |
Tax % | 17% | 29% | 33% | 32% | 27% | 23% | 22% | 34% | 28% | 12% | 20% | 27% |
0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 4 | 5 | 11 | |
EPS in Rs | 1.02 | 1.25 | 1.86 | 2.66 | 2.59 | 1.82 | 2.95 | 13.12 | 17.32 | 35.37 | ||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 10% |
3 Years: | 10% |
TTM: | -14% |
Compounded Profit Growth | |
---|---|
10 Years: | 39% |
5 Years: | 69% |
3 Years: | 163% |
TTM: | 143% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 111% |
3 Years: | 80% |
1 Year: | 67% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 12% |
3 Years: | 17% |
Last Year: | 26% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 21 | 19 | 20 | 20 | 21 | 21 | 22 | 23 | 24 | 28 | 33 | 44 |
4 | 5 | 5 | 9 | 9 | 7 | 5 | 7 | 6 | 8 | 18 | 12 | |
21 | 12 | 9 | 13 | 12 | 22 | 28 | 18 | 14 | 18 | 22 | 13 | |
Total Liabilities | 49 | 39 | 36 | 45 | 45 | 54 | 58 | 50 | 47 | 57 | 76 | 71 |
12 | 10 | 9 | 11 | 11 | 14 | 14 | 13 | 12 | 13 | 13 | 12 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 8 | 11 |
28 | 21 | 19 | 25 | 25 | 31 | 35 | 29 | 26 | 35 | 54 | 48 | |
Total Assets | 49 | 39 | 36 | 45 | 45 | 54 | 58 | 50 | 47 | 57 | 76 | 71 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | -0 | 1 | -1 | -0 | 4 | 2 | 5 | -7 | -0 | 5 | 2 | |
-0 | -0 | -1 | 3 | 0 | -2 | -3 | -2 | 1 | -0 | 1 | -2 | |
1 | 1 | 0 | -1 | -0 | -3 | 1 | 4 | -1 | 1 | 9 | -7 | |
Net Cash Flow | 0 | 0 | 1 | 1 | -0 | -1 | -0 | 7 | -7 | 0 | 15 | -7 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 117 | 51 | 73 | 18 | 54 | 35 | 57 | 60 | 8 | 68 | 44 | 50 |
Inventory Days | 188 | 60 | 140 | 62 | 68 | 65 | 70 | 54 | 64 | 33 | 20 | 37 |
Days Payable | 58 | 47 | 28 | 76 | 40 | 88 | 53 | 46 | 18 | 7 | 4 | 25 |
Cash Conversion Cycle | 246 | 65 | 186 | 4 | 82 | 12 | 74 | 68 | 55 | 94 | 59 | 61 |
Working Capital Days | 145 | 128 | 98 | 76 | 73 | 37 | 33 | 12 | 48 | 56 | 45 | 89 |
ROCE % | 4% | 4% | 4% | 4% | 5% | 6% | 3% | 3% | 7% | 13% | 28% |
Documents
Announcements
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
2d - Promoter Mahesh Agrawal sold 20,000 shares (0.64%) of GTV Engineering on 19-May-2025 via open market.
-
Intimation Regarding Receipt Of Order.
19 May - Order worth Rs. 32.21 Cr from L&T for NTPC Gadarwara and Nabinagar projects over 18 months.
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
15 May - Promoter Mahesh Agrawal sold 10,000 shares (0.32%) of GTV Engineering on 14-May-2025.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 12 May
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
12 May - Promoter sold 50,000 shares (1.6%) of GTV Engineering via open market on 09-05-2025.
Business Overview:[1][2][3]
GTV Engineering Ltd is engaged in Hi tech fabrication providing Vital Fabrication Inputs (Hi-Tech Heavy Steel Fabrication), as a subcontractor, to large engineering companies and manufacturing jobs as per customer requirements. It executes Infrastructural Projects related to Power, Mineral, Cement, Railways & Metros projects. Company also manufactures Whole Wheat Atta