Geecee Ventures Ltd
Geecee Ventures Ltd is engaged in the business of real estate development, power generation and financing & investing activities.[1]
- Market Cap ₹ 595 Cr.
- Current Price ₹ 285
- High / Low ₹ 349 / 131
- Stock P/E 72.3
- Book Value ₹ 283
- Dividend Yield 0.70 %
- ROCE 2.64 %
- ROE 2.11 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.01 times its book value
Cons
- The company has delivered a poor sales growth of -27.6% over past five years.
- Company has a low return on equity of 2.70% over last 3 years.
- Working capital days have increased from 1,170 days to 1,916 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
23.62 | 33.87 | 62.66 | 56.84 | 144.23 | 94.01 | 200.93 | 150.47 | 44.77 | 42.00 | 95.82 | 40.04 | 37.87 | |
15.17 | 25.23 | 53.01 | 48.67 | 111.06 | 63.59 | 169.60 | 108.98 | 23.77 | 26.15 | 69.62 | 25.08 | 29.99 | |
Operating Profit | 8.45 | 8.64 | 9.65 | 8.17 | 33.17 | 30.42 | 31.33 | 41.49 | 21.00 | 15.85 | 26.20 | 14.96 | 7.88 |
OPM % | 35.77% | 25.51% | 15.40% | 14.37% | 23.00% | 32.36% | 15.59% | 27.57% | 46.91% | 37.74% | 27.34% | 37.36% | 20.81% |
34.77 | 5.05 | 2.42 | 7.97 | 7.44 | 3.24 | 0.84 | 5.89 | 1.07 | 2.41 | 1.01 | 1.31 | 1.37 | |
Interest | 0.15 | 0.15 | 0.10 | 0.05 | 0.05 | 0.12 | 0.02 | 0.02 | 0.04 | 0.03 | 0.01 | 0.20 | 0.06 |
Depreciation | 2.17 | 2.15 | 2.16 | 2.37 | 2.55 | 2.09 | 1.92 | 1.98 | 2.16 | 2.00 | 1.75 | 1.73 | 1.84 |
Profit before tax | 40.90 | 11.39 | 9.81 | 13.72 | 38.01 | 31.45 | 30.23 | 45.38 | 19.87 | 16.23 | 25.45 | 14.34 | 7.35 |
Tax % | 8.73% | 30.55% | 26.40% | 2.48% | 5.55% | 10.11% | -1.92% | 20.19% | 19.43% | 37.28% | 24.32% | 19.11% | |
37.32 | 7.91 | 7.22 | 13.38 | 35.89 | 28.28 | 30.81 | 36.22 | 16.00 | 10.19 | 19.26 | 11.60 | 8.23 | |
EPS in Rs | 18.45 | 4.20 | 3.83 | 7.09 | 16.55 | 13.10 | 14.23 | 16.67 | 7.70 | 4.91 | 9.25 | 5.56 | 3.93 |
Dividend Payout % | 8.13% | 35.68% | 39.16% | 21.16% | 9.07% | 0.00% | 10.54% | 0.00% | 0.00% | 38.68% | 0.00% | 35.96% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | -28% |
3 Years: | -4% |
TTM: | -34% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | -18% |
3 Years: | -10% |
TTM: | -66% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 19% |
3 Years: | 41% |
1 Year: | 102% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 4% |
3 Years: | 3% |
Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 265.82 | 265.97 | 269.92 | 279.46 | 318.51 | 357.34 | 388.02 | 432.35 | 407.91 | 463.63 | 516.32 | 540.16 | 570.37 |
0.03 | 0.20 | 0.20 | 0.14 | 0.14 | 0.06 | 0.00 | 0.00 | 0.40 | 0.00 | 0.00 | 0.00 | 0.00 | |
25.74 | 27.56 | 35.70 | 75.22 | 51.13 | 40.00 | 29.82 | 26.24 | 35.23 | 55.49 | 32.25 | 55.46 | 88.62 | |
Total Liabilities | 311.87 | 312.76 | 324.85 | 373.85 | 391.51 | 419.13 | 439.57 | 480.32 | 464.45 | 540.03 | 569.48 | 616.53 | 679.90 |
37.74 | 35.78 | 34.79 | 35.30 | 33.36 | 37.37 | 34.90 | 32.60 | 30.20 | 28.01 | 25.66 | 24.70 | 25.25 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.56 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 108.71 | 73.88 | 46.14 | 32.52 | 51.47 | 171.96 | 225.40 | 313.07 | 145.53 | 369.52 | 307.68 | 300.20 | 308.71 |
165.42 | 203.10 | 243.92 | 305.47 | 306.68 | 209.80 | 179.27 | 134.65 | 288.72 | 142.50 | 236.14 | 291.63 | 345.94 | |
Total Assets | 311.87 | 312.76 | 324.85 | 373.85 | 391.51 | 419.13 | 439.57 | 480.32 | 464.45 | 540.03 | 569.48 | 616.53 | 679.90 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
25.89 | -124.53 | 25.65 | 15.17 | -2.35 | -146.72 | -22.92 | 6.86 | 155.30 | -92.11 | 4.79 | 68.36 | |
18.73 | 38.70 | 26.57 | 30.13 | 2.77 | 19.11 | 28.42 | -8.68 | -2.81 | -50.32 | 0.06 | -32.92 | |
-5.21 | -9.08 | -3.56 | -1.05 | -0.11 | -0.06 | -3.92 | 0.00 | -11.51 | -0.13 | -3.97 | -0.20 | |
Net Cash Flow | 39.41 | -94.91 | 48.66 | 44.25 | 0.31 | -127.66 | 1.58 | -1.82 | 140.98 | -142.56 | 0.87 | 35.24 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 75.87 | 42.46 | 20.39 | 32.24 | 59.40 | 126.84 | 55.80 | 19.11 | 31.47 | 44.41 | 6.36 | 13.67 |
Inventory Days | 14.27 | 2,293.27 | 980.54 | 2,546.93 | 398.23 | 967.56 | 231.90 | 318.72 | 2,903.07 | 2,355.19 | 1,345.81 | 6,569.45 |
Days Payable | 5.49 | 18.13 | 31.17 | 44.31 | 15.96 | 33.65 | 18.31 | 54.11 | 293.69 | 219.68 | 59.99 | 60.42 |
Cash Conversion Cycle | 84.66 | 2,317.60 | 969.76 | 2,534.85 | 441.66 | 1,060.76 | 269.40 | 283.72 | 2,640.85 | 2,179.91 | 1,292.18 | 6,522.70 |
Working Capital Days | 190.69 | 1,518.19 | 750.45 | 661.55 | 301.20 | 640.93 | 253.79 | 254.80 | 869.25 | 780.23 | 814.95 | 1,915.52 |
ROCE % | 6.83% | 3.97% | 3.41% | 2.93% | 10.42% | 8.73% | 7.68% | 9.46% | 4.49% | 3.54% | 4.96% | 2.64% |
Documents
Announcements
- Certificate From Practicing Company Secretary - Regulation 40(9) Of SEBI(LODR) Regulations 2015. 6 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 5 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 5 Apr
- Compliance Certificate - Regulation 7(3) Of SEBI(LODR) Regulation, 2015 For The Financial Year Ended 31St March 2024 5 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from nse
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Financial Year 2012
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Financial Year 2011
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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]