GHCL Ltd

GHCL Ltd

₹ 523 0.36%
14 Jun - close price
About

Incorporated in 1983, the company is in the business of chemicals, yarn, and commodity products[1]

Key Points

Business Divisions:
a) Chemical Division[1]
b) Yarn Division[2]
c) Consumer Products Division[3]
d) Trading Division[4]

  • Market Cap 5,003 Cr.
  • Current Price 523
  • High / Low 660 / 435
  • Stock P/E 8.36
  • Book Value 310
  • Dividend Yield 2.30 %
  • ROCE 20.7 %
  • ROE 17.3 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 17.3%

Cons

  • The company has delivered a poor sales growth of 0.44% over past five years.
  • Promoter holding is low: 19.0%
  • Earnings include an other income of Rs.269 Cr.

* 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: Chemicals Industry: Chemicals

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
721 698 803 1,005 1,053 1,148 1,176 1,102 1,120 1,017 805 798 823
534 540 634 755 721 789 770 735 771 719 592 648 639
Operating Profit 187 158 169 249 332 359 407 367 349 298 213 150 184
OPM % 26% 23% 21% 25% 32% 31% 35% 33% 31% 29% 26% 19% 22%
2 18 19 12 41 118 10 1 -11 232 11 14 16
Interest 16 15 15 15 15 10 9 10 10 8 7 6 5
Depreciation 28 28 29 30 22 22 23 22 27 24 26 26 26
Profit before tax 145 132 143 217 336 445 385 336 301 497 191 133 170
Tax % 28% 23% 24% 25% 23% 19% 25% 26% 27% 14% 25% 25% 26%
104 101 109 163 261 359 290 249 218 426 143 100 125
EPS in Rs 10.97 10.68 11.47 17.11 27.32 37.52 30.39 26.07 22.84 44.59 14.93 10.44 13.02
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2,110 2,208 2,356 2,532 2,754 2,882 3,371 3,256 2,491 3,052 4,551 3,447
1,693 1,780 1,834 1,904 2,067 2,268 2,601 2,518 1,886 2,321 3,048 2,596
Operating Profit 417 429 522 628 687 614 770 738 606 731 1,503 851
OPM % 20% 19% 22% 25% 25% 21% 23% 23% 24% 24% 33% 25%
-34 -25 -15 -6 34 35 14 15 1 197 97 269
Interest 161 172 165 163 134 124 126 118 74 51 39 27
Depreciation 82 82 84 82 86 110 116 131 111 87 94 102
Profit before tax 140 150 258 378 502 415 541 504 421 789 1,467 991
Tax % 18% 23% 29% 32% 23% 12% 33% 19% 26% 19% 24% 20%
115 116 183 257 387 365 361 406 310 637 1,117 794
EPS in Rs 11.49 11.63 18.30 25.66 38.72 37.42 36.84 42.79 32.63 66.80 116.81 82.90
Dividend Payout % 17% 17% 12% 14% 13% 13% 14% 7% 17% 22% 15% 14%
Compounded Sales Growth
10 Years: 5%
5 Years: 0%
3 Years: 11%
TTM: -24%
Compounded Profit Growth
10 Years: 16%
5 Years: 11%
3 Years: 24%
TTM: -44%
Stock Price CAGR
10 Years: 26%
5 Years: 18%
3 Years: 24%
1 Year: 4%
Return on Equity
10 Years: 23%
5 Years: 22%
3 Years: 24%
Last Year: 17%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 100 100 100 100 99 97 98 95 95 95 96 96
Reserves 967 760 670 933 1,252 1,525 1,854 2,091 2,407 2,857 3,838 2,874
1,175 1,309 1,324 1,325 1,431 1,314 1,292 1,254 782 782 361 210
656 709 698 550 686 689 760 761 707 1,258 830 581
Total Liabilities 2,899 2,878 2,791 2,908 3,468 3,625 4,004 4,201 3,991 4,992 5,125 3,761
1,871 1,868 1,932 2,048 2,399 2,492 2,581 2,655 2,675 2,469 1,731 1,842
CWIP 32 12 7 37 26 74 117 122 81 213 109 55
Investments 6 8 2 6 9 10 47 34 40 17 380 420
991 990 850 817 1,034 1,049 1,258 1,390 1,196 2,294 2,905 1,444
Total Assets 2,899 2,878 2,791 2,908 3,468 3,625 4,004 4,201 3,991 4,992 5,125 3,761

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
462 158 290 494 445 564 561 628 620 639 899 797
-175 -83 -127 -249 -374 -279 -306 -215 -109 -344 -440 -571
-288 -65 -170 -236 -103 -281 -259 -328 -568 -97 -529 -338
Net Cash Flow -1 10 -7 9 -32 4 -5 85 -57 198 -70 -112

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 42 49 41 36 43 36 41 40 37 33 18 19
Inventory Days 166 162 160 154 166 172 168 186 238 293 177 185
Days Payable 163 167 150 108 109 112 103 104 121 106 56 63
Cash Conversion Cycle 45 44 51 82 101 96 107 122 154 219 139 141
Working Capital Days 64 49 31 18 40 41 54 56 91 62 57 58
ROCE % 15% 16% 21% 25% 25% 19% 22% 19% 15% 19% 36% 21%

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
19.18% 19.07% 19.07% 19.07% 19.03% 19.03% 19.05% 19.05% 19.06% 19.06% 19.03% 19.04%
17.23% 16.61% 16.31% 15.42% 18.50% 22.40% 24.38% 25.09% 26.04% 25.27% 24.66% 24.99%
20.91% 19.49% 19.04% 19.08% 15.59% 11.82% 11.06% 10.79% 10.78% 9.68% 8.60% 8.29%
42.68% 44.83% 45.58% 46.43% 46.89% 46.74% 45.50% 45.06% 44.12% 45.99% 47.70% 47.67%
No. of Shareholders 65,06870,64170,52169,0441,06,2651,08,13194,47993,00995,2021,00,2981,06,5021,12,859

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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