Ginni Filaments Ltd

Ginni Filaments Ltd

₹ 32.8 0.67%
14 Jun - close price
About

Incorporated in 1982, Ginni Filaments Ltd is in the business of the manufacturing textile products[1]

Key Points

Business Overview:[1]
GFL is an Export Oriented integrated textile player offering comprehensive range of Yarns, Fabrics, Garments, Non-woven fabrics

  • Market Cap 281 Cr.
  • Current Price 32.8
  • High / Low 45.3 / 23.9
  • Stock P/E
  • Book Value 22.7
  • Dividend Yield 0.00 %
  • ROCE 2.02 %
  • ROE -0.22 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -15.4% over past five years.
  • Company has a low return on equity of 3.71% over last 3 years.
  • Debtor days have increased from 49.0 to 62.3 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: Textiles Industry: Textiles - Cotton/Blended

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Quarterly Results

Figures in Rs. Crores

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
239 218 246 293 328 275 235 218 78 225 229 87 98
205 193 220 260 298 258 225 223 71 223 231 82 92
Operating Profit 33 25 26 33 30 16 11 -5 7 1 -2 5 5
OPM % 14% 11% 10% 11% 9% 6% 5% -2% 9% 0% -1% 6% 6%
1 0 8 1 2 1 1 1 -8 1 1 -12 -53
Interest 5 5 5 7 8 7 6 5 2 8 8 3 3
Depreciation 5 6 6 7 7 7 7 7 4 7 7 4 4
Profit before tax 24 14 22 21 17 3 -1 -17 -6 -13 -16 -15 -54
Tax % 36% 36% 31% 36% 38% 33% 31% 39% 19% 33% 32% 4% 6%
15 9 15 13 11 2 -1 -10 -5 -9 -11 -14 -51
EPS in Rs 1.93 1.15 1.79 1.56 1.24 0.25 -0.12 -1.19 -0.61 -1.03 -1.27 -1.63 -5.93
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
745 868 848 750 765 703 809 788 778 1,084 953 351
651 750 760 682 685 649 757 729 668 971 931 329
Operating Profit 94 118 88 68 79 54 52 59 111 114 22 22
OPM % 13% 14% 10% 9% 10% 8% 6% 8% 14% 10% 2% 6%
2 -6 1 3 6 4 3 9 5 11 4 -83
Interest 44 38 45 35 29 30 33 33 27 24 23 12
Depreciation 24 24 32 29 26 26 26 26 25 26 29 15
Profit before tax 27 50 13 7 30 2 -3 9 63 74 -26 -88
Tax % 35% 28% 40% 39% 47% -21% -0% 38% 35% 35% 44% 4%
18 36 8 4 16 3 -3 6 41 48 -14 -84
EPS in Rs 2.48 5.13 1.10 0.62 2.29 0.38 -0.49 0.81 5.22 5.65 -1.67 -9.86
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -9%
5 Years: -15%
3 Years: -23%
TTM: -63%
Compounded Profit Growth
10 Years: %
5 Years: 13%
3 Years: %
TTM: 96%
Stock Price CAGR
10 Years: 8%
5 Years: 29%
3 Years: 4%
1 Year: 10%
Return on Equity
10 Years: 5%
5 Years: 6%
3 Years: 4%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

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 71 71 71 71 71 71 71 71 79 86 86 86
Reserves 22 59 66 71 105 108 108 115 157 207 193 109
Preference Capital 8 8 8 8 0 0 0 0 0 0 0
390 351 324 286 270 293 288 312 232 328 256 78
96 125 104 100 85 101 121 97 115 156 102 81
Total Liabilities 579 606 564 528 530 573 588 594 583 777 637 354
282 275 256 243 230 251 238 224 217 269 262 125
CWIP 6 2 2 1 18 4 2 1 2 3 4 0
Investments 8 8 8 8 29 29 34 34 34 33 36 34
283 322 299 276 253 290 314 337 331 472 335 195
Total Assets 579 606 564 528 530 573 588 594 583 777 637 354

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
65 80 81 80 85 35 56 12 114 -1 119 43
-14 -8 -12 -13 -30 -31 -11 6 -17 -76 -24 179
-48 -73 -68 -68 -55 -4 -46 -17 -97 77 -94 -208
Net Cash Flow 2 -2 0 -0 1 0 -1 1 -0 -1 1 15

Ratios

Figures in Rs. Crores

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 38 34 42 38 32 45 47 53 49 49 36 62
Inventory Days 132 122 86 98 118 142 111 131 149 144 93 94
Days Payable 54 34 20 18 30 49 47 30 29 45 22 78
Cash Conversion Cycle 116 121 108 119 120 139 111 155 169 148 106 78
Working Capital Days 73 64 63 64 66 92 92 113 113 115 96 109
ROCE % 15% 21% 13% 10% 14% 7% 6% 8% 18% 17% -1%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
67.24% 69.72% 69.72% 69.72% 69.72% 69.73% 69.73% 69.73% 69.73% 69.73% 69.73% 69.73%
0.00% 0.00% 0.33% 0.38% 0.25% 0.14% 0.08% 0.07% 0.07% 0.07% 0.07% 0.10%
0.01% 0.20% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
32.75% 30.07% 29.94% 29.89% 30.02% 30.12% 30.18% 30.20% 30.20% 30.19% 30.20% 30.17%
No. of Shareholders 28,62028,98029,83335,08033,21633,20532,30231,89131,16829,95929,91528,964

* 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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