GTV Engineering Ltd
Incorporated in 1990, GTV Engineering Ltd manufactures Hi- Tech Steel fabrication and Whole Wheat Flour[1]
- Market Cap ₹ 143 Cr.
- Current Price ₹ 459
- High / Low ₹ 640 / 231
- Stock P/E 22.4
- Book Value ₹ 104
- Dividend Yield 0.00 %
- ROCE 7.63 %
- ROE 7.50 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 30.2% CAGR over last 5 years
Cons
- Stock is trading at 4.43 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 4.14% over last 3 years.
- Debtor days have increased from 45.3 to 68.0 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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
28 | 33 | 28 | 44 | 50 | 69 | 64 | 57 | 77 | 96 | 116 | |
27 | 32 | 26 | 43 | 49 | 68 | 63 | 56 | 76 | 93 | 109 | |
Operating Profit | 1 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 8 |
OPM % | 4% | 4% | 6% | 3% | 3% | 2% | 2% | 2% | 2% | 3% | 6% |
0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | |
Interest | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 8 |
Tax % | 17% | 29% | 33% | 32% | 27% | 23% | 22% | 34% | 28% | 12% | |
0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 4 | 6 | |
EPS in Rs | 1.02 | 1.25 | 1.86 | 2.66 | 2.59 | 1.82 | 2.95 | 13.12 | 20.46 | ||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 14% |
TTM: | 38% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 30% |
3 Years: | 39% |
TTM: | 514% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 71% |
3 Years: | 160% |
1 Year: | 98% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 4% |
Last Year: | 8% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 21 | 19 | 20 | 20 | 21 | 21 | 22 | 23 | 24 | 28 | 29 |
4 | 5 | 5 | 9 | 9 | 7 | 5 | 7 | 6 | 6 | 6 | |
21 | 12 | 9 | 13 | 12 | 22 | 28 | 18 | 14 | 20 | 29 | |
Total Liabilities | 49 | 39 | 36 | 45 | 45 | 54 | 58 | 50 | 47 | 57 | 67 |
12 | 10 | 9 | 11 | 11 | 14 | 14 | 13 | 12 | 13 | 14 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 9 |
28 | 21 | 19 | 25 | 25 | 31 | 35 | 29 | 26 | 35 | 45 | |
Total Assets | 49 | 39 | 36 | 45 | 45 | 54 | 58 | 50 | 47 | 57 | 67 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|
-1 | -0 | 1 | -1 | -0 | 4 | 2 | 5 | -7 | -0 | |
-0 | -0 | -1 | 3 | 0 | -2 | -3 | -2 | 1 | -0 | |
1 | 1 | 0 | -1 | -0 | -3 | 1 | 4 | -1 | 1 | |
Net Cash Flow | 0 | 0 | 1 | 1 | -0 | -1 | -0 | 7 | -7 | 0 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 117 | 51 | 73 | 18 | 54 | 35 | 57 | 60 | 8 | 68 |
Inventory Days | 188 | 60 | 140 | 62 | 68 | 65 | 70 | 54 | 64 | 33 |
Days Payable | 58 | 47 | 28 | 76 | 40 | 88 | 53 | 46 | 18 | 7 |
Cash Conversion Cycle | 246 | 65 | 186 | 4 | 82 | 12 | 74 | 68 | 55 | 94 |
Working Capital Days | 145 | 128 | 98 | 76 | 73 | 37 | 33 | 12 | 48 | 56 |
ROCE % | 4% | 4% | 4% | 4% | 5% | 6% | 3% | 3% | 8% |
Documents
Announcements
- Closure of Trading Window 8h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 7 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 16 Feb
- Unaudited Financial Results For Quarter Ended 31.12.2023. 12 Feb
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