Golden Tobacco Ltd

Golden Tobacco Ltd

₹ 21.7 1.35%
02 Apr - close price
About

Incorporated in 1930, Golden Tobacco
Ltd deals in tobacco and tobacco related products.[1]

Key Points

Business Overview:[1][2]
GTL, now part of the Dalmia Brothers Group, operates as an integrated tobacco processing, cigarette rolling, and packaging unit. Its domestic brands include Panama, Chancellor, Golden's Gold Flake, and Taj Chhap, while it stands as India's largest exporter of cigars and cigarettes. Beyond tobacco, the Dalmia Group has diversified interests spanning Ayurvedic Medicines, Chemicals, Textiles, Retail, and Information Technology.

  • Market Cap 38.2 Cr.
  • Current Price 21.7
  • High / Low 38.5 / 20.3
  • Stock P/E 7.21
  • Book Value -117
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • The company has delivered a poor sales growth of -1.35% over past five years.
  • Promoter holding is low: 29.8%
  • Contingent liabilities of Rs.285 Cr.
  • Earnings include an other income of Rs.4.32 Cr.
  • Company's cost of borrowing seems high

* 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
56.36 6.52 6.81 7.92 2.66 6.03 0.18 10.98 4.65 25.98 0.90 1.98 3.80
11.94 11.66 9.09 11.93 8.78 7.52 3.26 10.32 4.12 12.70 4.11 3.77 4.21
Operating Profit 44.42 -5.14 -2.28 -4.01 -6.12 -1.49 -3.08 0.66 0.53 13.28 -3.21 -1.79 -0.41
OPM % 78.81% -78.83% -33.48% -50.63% -230.08% -24.71% -1,711.11% 6.01% 11.40% 51.12% -356.67% -90.40% -10.79%
-8.76 18.70 0.34 0.16 22.65 0.37 0.08 2.70 0.08 -1.90 0.76 5.43 0.03
Interest 5.43 0.69 3.26 4.02 2.31 1.23 1.10 1.15 1.03 0.96 0.99 1.18 1.03
Depreciation 0.16 0.16 0.27 0.22 0.27 0.25 0.11 0.12 0.12 0.12 0.11 0.14 0.14
Profit before tax 30.07 12.71 -5.47 -8.09 13.95 -2.60 -4.21 2.09 -0.54 10.30 -3.55 2.32 -1.55
Tax % 0.00% 5.04% 0.00% -7.91% 0.00% 0.77% 0.00% 0.00% 0.00% 0.00% 0.00% 26.29% 0.00%
30.08 12.08 -5.47 -7.45 13.95 -2.62 -4.21 2.08 -0.54 10.30 -3.55 1.72 -1.55
EPS in Rs 17.08 6.86 -3.11 -4.23 7.92 -1.49 -2.39 1.18 -0.31 5.85 -2.02 0.98 -0.88
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
86.47 96.08 71.34 68.90 70.29 51.59 44.73 36.96 81.92 76.08 23.42 41.79 32.66
115.49 130.04 77.40 83.65 71.27 59.40 56.97 53.66 71.33 41.36 37.29 30.36 24.79
Operating Profit -29.02 -33.96 -6.06 -14.75 -0.98 -7.81 -12.24 -16.70 10.59 34.72 -13.87 11.43 7.87
OPM % -33.56% -35.35% -8.49% -21.41% -1.39% -15.14% -27.36% -45.18% 12.93% 45.64% -59.22% 27.35% 24.10%
32.86 18.26 0.75 -4.27 13.68 1.25 1.30 15.62 11.10 9.80 23.52 0.95 4.32
Interest 13.48 16.87 28.45 53.35 45.99 25.43 24.71 27.45 24.55 15.99 10.85 4.28 4.16
Depreciation 2.03 1.53 1.05 1.25 1.09 1.21 1.04 0.87 0.75 0.62 1.01 0.47 0.51
Profit before tax -11.67 -34.10 -34.81 -73.62 -34.38 -33.20 -36.69 -29.40 -3.61 27.91 -2.21 7.63 7.52
Tax % 0.34% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 124.10% 2.29% -28.05% 0.00%
-11.71 -34.10 -34.81 -73.62 -34.37 -33.20 -36.69 -29.40 -8.09 27.26 -1.59 7.63 6.92
EPS in Rs -6.65 -19.37 -19.77 -41.81 -19.52 -17.58 -20.84 -16.70 -4.59 15.48 -0.90 4.33 3.93
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -8%
5 Years: -1%
3 Years: -20%
TTM: 50%
Compounded Profit Growth
10 Years: 9%
5 Years: 18%
3 Years: 45%
TTM: 200%
Stock Price CAGR
10 Years: -6%
5 Years: -12%
3 Years: -20%
1 Year: -38%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sep 2021
Equity Capital 17.59 17.59 17.59 17.59 17.59 17.59 17.59 17.59 17.59 17.59 17.59 17.59 17.59
Reserves 27.21 -8.01 -43.14 -116.99 -151.60 -186.84 -223.41 -242.47 -252.51 -225.54 -231.61 -221.52 -222.85
97.76 143.40 356.66 351.61 168.55 59.92 48.95 47.40 0.00 0.00 2.00 2.00 2.33
140.42 209.89 227.84 278.49 404.70 456.77 455.75 488.10 502.04 401.60 386.37 350.54 351.63
Total Liabilities 282.98 362.87 558.95 530.70 439.24 347.44 298.88 310.62 267.12 193.65 174.35 148.61 148.70
26.60 25.04 26.97 26.09 25.06 19.71 18.93 18.07 15.78 15.15 8.38 7.93 7.38
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.20 0.32 0.00 0.00 0.00
Investments 6.29 6.29 6.29 6.29 6.29 6.29 6.29 12.12 11.72 11.38 2.26 1.19 1.70
250.09 331.54 525.69 498.32 407.89 321.44 273.66 280.43 239.42 166.80 163.71 139.49 139.62
Total Assets 282.98 362.87 558.95 530.70 439.24 347.44 298.88 310.62 267.12 193.65 174.35 148.61 148.70

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
25.70 -38.26 -199.11 31.71 145.66 96.76 17.63 0.83 63.21 24.54 20.75 -0.15
-0.71 -1.02 -3.08 -0.25 0.19 0.26 0.05 0.44 7.60 1.07 5.86 0.39
-23.59 38.60 206.70 -38.40 -144.10 -99.60 -17.42 -0.79 -70.11 -26.95 -26.05 0.00
Net Cash Flow 1.40 -0.68 4.51 -6.94 1.75 -2.58 0.26 0.48 0.69 -1.34 0.56 0.24
Free Cash Flow 24.90 -39.36 -202.28 31.14 145.50 96.66 17.38 0.82 64.33 25.21 21.63 0.07
CFO/OP -94% 112% 3,286% -215% -14,864% -1,239% -144% -7% 447% 73% -152% 1%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 44.03 63.25 73.42 50.91 50.94 49.45 72.79 85.72 42.91 37.33 46.75 2.62
Inventory Days 724.15 704.85 771.96 1,050.47 784.73 1,091.48 964.72 1,292.02 289.19 965.34 633.34 263.16
Days Payable 55.85 130.28 123.61 262.84 243.46 379.66 418.17 630.78 300.35 1,084.83 147.37 139.29
Cash Conversion Cycle 712.33 637.82 721.77 838.54 592.21 761.27 619.34 746.95 31.75 -82.16 532.72 126.49
Working Capital Days 439.21 101.01 13.20 -1,106.65 -1,354.85 -1,579.00 -3,354.69 -4,334.18 -2,055.98 -1,756.92 -5,610.90 -2,974.33
ROCE % -1.60% -11.67% -2.67% -5.29% 0.39%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Number of Permanent Employees
Numbers ・Standalone data

Log in to view insights

Please log in to see hidden values.

Login
R&D Expenditure
INR Lakhs ・Standalone data
Cigarette Export Volume
Million Sticks ・Standalone data
Installed Capacity - Cigarettes
Million Sticks ・Standalone data
Licensed Capacity - Cigarettes
Million Sticks ・Standalone data
Actual Production - Cigarettes
Million Sticks ・Standalone data

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
30.04% 30.04% 30.04% 30.04% 30.04% 30.04% 30.04% 30.04% 29.77% 29.77% 29.77% 29.77%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
0.09% 0.09% 0.09% 0.09% 0.09% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14% 0.14%
69.86% 69.87% 69.88% 69.87% 69.86% 69.81% 69.80% 69.80% 70.08% 70.08% 70.08% 70.09%
No. of Shareholders 32,03131,68131,39131,04931,44730,98830,84930,83130,88030,78930,69830,637

* 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.

Documents