Gloster Ltd
Incorporated in 1923, Gloster Ltd manufactures products of jute, cotton, and allied fibers and their blends[1]
- Market Cap ₹ 671 Cr.
- Current Price ₹ 612
- High / Low ₹ 886 / 532
- Stock P/E
- Book Value ₹ 992
- Dividend Yield 3.27 %
- ROCE 3.28 %
- ROE 2.22 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.62 times its book value
- Company has been maintaining a healthy dividend payout of 86.7%
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.21% over past five years.
- Company has a low return on equity of 4.29% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.18.2 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: Textiles Industry: Textiles - Jute - Yarn / Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|
504 | 463 | 501 | 495 | 493 | 734 | 710 | 646 | 641 | |
434 | 380 | 418 | 428 | 425 | 638 | 627 | 581 | 589 | |
Operating Profit | 70 | 84 | 84 | 67 | 68 | 96 | 84 | 65 | 52 |
OPM % | 14% | 18% | 17% | 13% | 14% | 13% | 12% | 10% | 8% |
18 | 16 | 17 | -4 | 28 | 48 | 25 | 14 | 18 | |
Interest | 4 | 1 | 1 | 3 | 2 | 1 | 2 | 3 | 15 |
Depreciation | 31 | 32 | 31 | 31 | 33 | 34 | 36 | 38 | 47 |
Profit before tax | 52 | 66 | 69 | 29 | 61 | 109 | 71 | 38 | 8 |
Tax % | 33% | 36% | 34% | 32% | 33% | 40% | 24% | 36% | |
35 | 42 | 45 | 20 | 41 | 65 | 54 | 24 | -3 | |
EPS in Rs | 41.24 | 17.95 | 37.85 | 59.89 | 49.70 | 22.25 | -3.06 | ||
Dividend Payout % | 4% | 5% | 12% | 42% | 33% | 29% | 141% | 90% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 9% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -11% |
3 Years: | -14% |
TTM: | -113% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 7% |
1 Year: | -29% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 4% |
Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 5 | 5 | 5 | 5 | 11 | 11 | 11 |
Reserves | 860 | 124 | 938 | 926 | 989 | 1,065 | 1,068 | 1,099 | 1,075 |
37 | 17 | 25 | 29 | 24 | 10 | 73 | 194 | 336 | |
77 | 869 | 90 | 113 | 131 | 159 | 151 | 166 | 180 | |
Total Liabilities | 975 | 1,011 | 1,059 | 1,073 | 1,149 | 1,240 | 1,303 | 1,470 | 1,602 |
684 | 659 | 639 | 661 | 709 | 709 | 691 | 893 | 978 | |
CWIP | 2 | 5 | 6 | 12 | 17 | 60 | 202 | 118 | 86 |
Investments | 117 | 150 | 178 | 117 | 112 | 130 | 139 | 142 | 132 |
172 | 198 | 235 | 283 | 311 | 341 | 272 | 317 | 406 | |
Total Assets | 975 | 1,011 | 1,059 | 1,073 | 1,149 | 1,240 | 1,303 | 1,470 | 1,602 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
88 | 56 | 37 | 9 | 43 | 126 | 67 | 38 | |
-27 | -25 | -40 | 20 | -51 | -96 | -77 | -126 | |
-63 | -27 | 0 | -6 | -14 | -29 | 15 | 86 | |
Net Cash Flow | -2 | 4 | -2 | 22 | -22 | 1 | 5 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 15 | 19 | 25 | 21 | 23 | 15 | 20 | 23 |
Inventory Days | 111 | 150 | 142 | 172 | 221 | 126 | 138 | 172 |
Days Payable | 6 | 14 | 10 | 15 | 10 | 10 | 8 | 19 |
Cash Conversion Cycle | 120 | 155 | 157 | 179 | 233 | 132 | 149 | 176 |
Working Capital Days | 87 | 112 | 135 | 133 | 157 | 95 | 87 | 93 |
ROCE % | 13% | 12% | 5% | 6% | 9% | 7% | 3% |
Documents
Announcements
-
Board Meeting Intimation for 1. Approval Of The Standalone And Consolidated Audited Financial Results For The Quarter And Financial Year Ended 31St March 2025.
2. Recommendation Of Dividend, If Any, For The Financial Year Ended 31St March 2025
21h - Board meeting on May 29 to approve FY25 audited results and consider dividend recommendation.
-
Corporate Action-Board to consider Dividend
21h - Board meeting on May 29, 2025, to approve FY25 financial results and consider dividend.
-
Announcement under Regulation 30 (LODR)-Change in Management
30 Apr - Gloster appoints new Whole-time Director and re-designates CFO, VP roles effective May 1, 2025.
-
Intimation Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 - Outcome Of Board Meeting
30 Apr - Gloster appoints new Whole-time Director and re-designates CFO and VPs effective May 1, 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Compliances - Certificate under Reg 74(5) of SEBI (DP) Regulations.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Business Overview:[1]
GL specializes in manufacturing and exporting various jute and jute-blended products. They produce conventional jute items, woven and non-woven fabrics, jute geo textiles for civil and agricultural use, as well as jute nets, mats, and value-added products for interior decoration and packaging. Additionally, under the Gloster Lifestyle brand, GL offers lifestyle products like shopping and promotional bags.