Geecee Ventures Ltd
Geecee Ventures Ltd is engaged in the business of real estate development, power generation and financing & investing activities.[1]
- Market Cap ₹ 534 Cr.
- Current Price ₹ 256
- High / Low ₹ 349 / 121
- Stock P/E 83.8
- Book Value ₹ 268
- Dividend Yield 0.78 %
- ROCE 2.36 %
- ROE 1.88 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.95 times its book value
Cons
- The company has delivered a poor sales growth of -27.3% over past five years.
- Company has a low return on equity of 2.81% over last 3 years.
- Working capital days have increased from 1,193 days to 1,993 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: Realty Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
13.04 | 12.94 | 14.43 | 43.42 | 144.19 | 93.94 | 184.65 | 146.99 | 42.67 | 41.69 | 93.13 | 37.61 | 36.01 | |
8.10 | 6.56 | 5.87 | 36.34 | 110.36 | 62.99 | 152.98 | 107.33 | 23.13 | 25.66 | 68.37 | 24.84 | 29.61 | |
Operating Profit | 4.94 | 6.38 | 8.56 | 7.08 | 33.83 | 30.95 | 31.67 | 39.66 | 19.54 | 16.03 | 24.76 | 12.77 | 6.40 |
OPM % | 37.88% | 49.30% | 59.32% | 16.31% | 23.46% | 32.95% | 17.15% | 26.98% | 45.79% | 38.45% | 26.59% | 33.95% | 17.77% |
34.58 | 4.81 | 2.22 | 7.69 | 6.48 | 3.13 | 0.78 | 5.93 | 0.84 | 2.28 | 0.78 | 1.06 | 1.12 | |
Interest | 0.14 | 0.12 | 0.00 | 0.02 | 0.05 | 0.12 | 0.02 | 0.02 | 0.00 | 0.00 | 0.01 | 0.21 | 0.06 |
Depreciation | 1.84 | 1.78 | 1.77 | 1.82 | 1.62 | 1.50 | 1.41 | 1.47 | 1.53 | 1.50 | 1.49 | 1.49 | 1.62 |
Profit before tax | 37.54 | 9.29 | 9.01 | 12.93 | 38.64 | 32.46 | 31.02 | 44.10 | 18.85 | 16.81 | 24.04 | 12.13 | 5.84 |
Tax % | 7.43% | 32.51% | 28.63% | 3.17% | 5.43% | 10.17% | 3.03% | 20.41% | 19.47% | 25.04% | 24.08% | 19.04% | |
34.76 | 6.27 | 6.42 | 12.52 | 36.54 | 29.17 | 30.08 | 35.10 | 15.19 | 12.60 | 18.25 | 9.82 | 6.38 | |
EPS in Rs | 17.14 | 3.30 | 3.37 | 6.58 | 16.82 | 13.43 | 13.84 | 16.16 | 7.26 | 6.03 | 8.73 | 4.70 | 3.06 |
Dividend Payout % | 8.75% | 45.53% | 44.46% | 22.80% | 8.92% | 0.00% | 10.84% | 0.00% | 0.00% | 31.53% | 0.00% | 42.59% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | -27% |
3 Years: | -4% |
TTM: | -35% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | -20% |
3 Years: | -14% |
TTM: | -73% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 16% |
3 Years: | 36% |
1 Year: | 106% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 4% |
3 Years: | 3% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 20.28 | 19.03 | 19.03 | 19.03 | 21.73 | 21.73 | 21.73 | 21.73 | 20.91 | 20.91 | 20.91 | 20.91 | 20.91 |
Reserves | 259.67 | 258.08 | 261.17 | 269.74 | 309.38 | 342.72 | 372.61 | 415.68 | 393.06 | 441.35 | 490.69 | 511.44 | 539.14 |
0.03 | 0.00 | 0.00 | 0.07 | 0.14 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
22.88 | 23.48 | 33.10 | 72.66 | 49.29 | 38.54 | 30.99 | 27.12 | 30.03 | 54.99 | 29.60 | 55.15 | 86.75 | |
Total Liabilities | 302.86 | 300.59 | 313.30 | 361.50 | 380.54 | 403.05 | 425.33 | 464.53 | 444.00 | 517.25 | 541.20 | 587.50 | 646.80 |
29.56 | 27.53 | 26.93 | 26.63 | 24.94 | 24.88 | 22.68 | 20.79 | 18.94 | 17.67 | 16.45 | 15.93 | 17.11 | |
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 | 50.31 | 42.56 | 39.33 | 32.39 | 55.07 | 183.48 | 238.45 | 318.81 | 149.34 | 361.90 | 292.85 | 285.78 | 305.55 |
222.99 | 230.50 | 247.04 | 302.48 | 300.53 | 194.69 | 164.20 | 124.93 | 275.72 | 137.68 | 231.90 | 285.79 | 324.14 | |
Total Assets | 302.86 | 300.59 | 313.30 | 361.50 | 380.54 | 403.05 | 425.33 | 464.53 | 444.00 | 517.25 | 541.20 | 587.50 | 646.80 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.56 | -84.76 | 35.74 | 26.50 | 4.61 | -138.57 | -17.70 | 1.15 | 151.05 | -85.86 | 0.00 | 0.00 | |
29.70 | 12.07 | 10.11 | 23.02 | -1.09 | 11.14 | 23.19 | -3.13 | 1.02 | -56.27 | 0.00 | 0.00 | |
-5.21 | -9.25 | -3.35 | -0.89 | -0.04 | -0.06 | -3.92 | 0.00 | -11.32 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 23.93 | -81.94 | 42.50 | 48.63 | 3.48 | -127.49 | 1.56 | -1.99 | 140.75 | -142.13 | 0.00 | 0.00 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 24.35 | 11.28 | 6.32 | 6.89 | 49.94 | 126.94 | 60.69 | 19.57 | 33.02 | 44.74 | 6.55 | 13.30 |
Inventory Days | 7,590.10 | 401.92 | 967.56 | 255.38 | 318.72 | 2,903.07 | 2,343.55 | 1,367.26 | 6,569.45 | |||
Days Payable | 130.24 | 15.89 | 33.31 | 20.14 | 52.25 | 291.90 | 219.39 | 48.06 | 59.87 | |||
Cash Conversion Cycle | 24.35 | 11.28 | 6.32 | 7,466.76 | 435.98 | 1,061.19 | 295.93 | 286.04 | 2,644.19 | 2,168.90 | 1,325.75 | 6,522.88 |
Working Capital Days | 2,379.78 | 5,037.23 | 3,003.47 | 824.49 | 296.37 | 596.77 | 251.83 | 241.56 | 874.73 | 753.81 | 833.51 | 1,992.70 |
ROCE % | 5.82% | 3.18% | 3.23% | 2.79% | 11.01% | 9.37% | 8.23% | 9.54% | 4.43% | 3.84% | 4.93% | 2.36% |
Documents
Announcements
- Closure of Trading Window 1d
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Demand Notice
15 Mar - Disclosure under regulation 30 read with Schedule III of the SEBI (LODR), 2015
-
As Per Regulation 46 Of The SEBI (LODR) Regulation, 2015.
12 Feb - As per the regulation 46 of SEBI (LODR ) Regulation, 2015, the company has updated its website with new design and appearance with some changes …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Feb - Announcement under Regulation 30(LODR)- Newspaper Publication for Unaudited Standalone and Consolidated Financial Results for the quarter ended December 31, 2023.
- Appointment Of Secretarial Auditor Under Regulation 30 7 Feb
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Real Estate Division
In FY20, the company had completed and handed over its first project "Cloud-36" to the society. It also received Occupancy certificate for the phase I of its project "The Mist" and was in process of handing over its flats to the buyers.
The construction activity at Karjat - "The Mist" - Phase II and "GeeCee Aspira 206" was disrupted due to the Covid that started at the end of FY20.
It also acquired new land parcel at Chembur, Eastern Mumbai for a new real estate project and all the permissions from various authorities with regards to construction activities have been procured.[1]