Ginni Filaments Ltd
Company is an integrated textile manufacturer. It has two divisions: textiles and consumer products. In the textile division, it produces yarn, fabrics, non-woven fabrics, and garments. Its consumer products include wet wipes, medical disposables, and wound-care products. GFL has production facilities in Panoli (Gujarat), Mathura (Uttar Pradesh), Haridwar (Uttarakhand), and Noida (Uttar Pradesh).[1][2]
- Market Cap ₹ 176 Cr.
- Current Price ₹ 20.6
- High / Low ₹ 57.5 / 20.0
- Stock P/E 111
- Book Value ₹ 34.3
- Dividend Yield 0.00 %
- ROCE 16.9 %
- ROE 16.7 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.60 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.24% over past five years.
- Company has a low return on equity of 13.2% over last 3 years.
- Promoters have pledged 29.6% of their holding.
* 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: Textiles Industry: Textiles - Cotton/Blended
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
693 | 712 | 745 | 868 | 848 | 750 | 765 | 703 | 809 | 788 | 778 | 1,084 | 1,056 | |
608 | 715 | 651 | 750 | 760 | 682 | 685 | 649 | 757 | 729 | 668 | 971 | 1,004 | |
Operating Profit | 85 | -3 | 94 | 118 | 88 | 68 | 79 | 54 | 52 | 59 | 111 | 114 | 52 |
OPM % | 12% | -0% | 13% | 14% | 10% | 9% | 10% | 8% | 6% | 8% | 14% | 10% | 5% |
6 | 7 | 2 | -6 | 1 | 3 | 6 | 4 | 3 | 9 | 5 | 11 | 5 | |
Interest | 35 | 44 | 44 | 38 | 45 | 35 | 29 | 30 | 33 | 33 | 27 | 24 | 26 |
Depreciation | 26 | 25 | 24 | 24 | 32 | 29 | 26 | 26 | 26 | 26 | 25 | 26 | 29 |
Profit before tax | 31 | -65 | 27 | 50 | 13 | 7 | 30 | 2 | -3 | 9 | 63 | 74 | 2 |
Tax % | 41% | 32% | 35% | 28% | 40% | 39% | 47% | -21% | -0% | 38% | 35% | 35% | |
Net Profit | 18 | -44 | 18 | 36 | 8 | 4 | 16 | 3 | -3 | 6 | 41 | 48 | 2 |
EPS in Rs | 2.59 | -6.18 | 2.48 | 5.13 | 1.10 | 0.62 | 2.29 | 0.38 | -0.49 | 0.81 | 5.22 | 5.65 | 0.18 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 7% |
3 Years: | 10% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 22% |
3 Years: | 145% |
TTM: | -97% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | -6% |
3 Years: | 56% |
1 Year: | -56% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 9% |
3 Years: | 13% |
Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
78 | 78 | 78 | 78 | 78 | 78 | 71 | 71 | 71 | 71 | 79 | 86 | 86 | |
Reserves | 48 | 5 | 22 | 59 | 66 | 71 | 105 | 108 | 108 | 115 | 157 | 207 | 208 |
427 | 398 | 390 | 351 | 324 | 286 | 270 | 293 | 288 | 312 | 232 | 328 | 222 | |
120 | 63 | 96 | 125 | 104 | 100 | 85 | 101 | 121 | 97 | 115 | 156 | 110 | |
Total Liabilities | 666 | 536 | 579 | 606 | 564 | 528 | 530 | 573 | 588 | 594 | 583 | 777 | 625 |
310 | 297 | 282 | 275 | 256 | 243 | 230 | 251 | 238 | 224 | 217 | 269 | 264 | |
CWIP | 4 | 0 | 6 | 2 | 2 | 1 | 18 | 4 | 2 | 1 | 2 | 3 | 8 |
Investments | 8 | 8 | 8 | 8 | 8 | 8 | 29 | 29 | 34 | 34 | 34 | 33 | 33 |
344 | 231 | 283 | 322 | 299 | 276 | 253 | 290 | 314 | 337 | 331 | 472 | 319 | |
Total Assets | 666 | 536 | 579 | 606 | 564 | 528 | 530 | 573 | 588 | 594 | 583 | 777 | 625 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-2 | 73 | 65 | 80 | 81 | 80 | 85 | 35 | 56 | 12 | 114 | -1 | |
-7 | -3 | -14 | -8 | -12 | -13 | -30 | -31 | -11 | 6 | -17 | -76 | |
9 | -70 | -48 | -73 | -68 | -68 | -55 | -4 | -46 | -17 | -97 | 77 | |
Net Cash Flow | -0 | -1 | 2 | -2 | 0 | -0 | 1 | 0 | -1 | 1 | -0 | -1 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 31 | 27 | 38 | 34 | 42 | 38 | 32 | 45 | 47 | 53 | 49 | 49 |
Inventory Days | 189 | 88 | 132 | 122 | 86 | 98 | 118 | 142 | 111 | 131 | 149 | 144 |
Days Payable | 60 | 23 | 54 | 34 | 20 | 18 | 30 | 49 | 47 | 30 | 29 | 45 |
Cash Conversion Cycle | 160 | 92 | 116 | 121 | 108 | 119 | 120 | 139 | 111 | 155 | 169 | 148 |
Working Capital Days | 111 | 66 | 73 | 64 | 63 | 64 | 66 | 92 | 92 | 113 | 113 | 115 |
ROCE % | 13% | -4% | 15% | 21% | 13% | 10% | 14% | 7% | 6% | 8% | 18% | 17% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
22 Feb - Newspaper Advertisement containing public announcement regarding the Postal Ballot Notice for the appointment of Shri Desh Deepak Verma as an Independent director of the Company …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Feb - The Company has published the Unaudited Financial Results for the quarter and Nine months ended December 31, 2022, in Business Standard Newspaper (English edition) and …
- Unaudited Financial Results For The Quarter And Nine Months Ended On 31St December, 2022 14 Feb
- Board Meeting Intimation for Board Meeting Intimation For Consideration Of The Unaudited Financial Results For The Quarter And Nine Months Ended 31.12.2022 31 Jan
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jan - In compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, we are enclosing herewith a copy of Certificate received from M/s Skyline Financial …
Annual reports
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Financial Year 2022
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
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Financial Year 2014
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Products and Manufacturing Capacities
Yarn (100% cotton carded, combed and open end yarns): Combined capacity of 90,000 spindles and 720 rotors[1]
Fabric: 300 tons of processed Knitted Fabrics per month[2]
Garments: Annual capacity of 10 million knitted basic and fashion garments[3]
Non-woven Spunlace Fabric (it is used for making napkins wet & dry tissues etc): 12,000 metric tonnes per annum[4]
Consumer Products: Wet and Dry Wipes( baby wipes, facial wipes, kitchen wipes)[5]