Gayatri Rubbers and Chemicals Ltd

Gayatri Rubbers and Chemicals Ltd

₹ 622 -1.14%
15 Jul - close price
About

Incorporated in 2022, Gayatri Rubbers and Chemicals Ltd is in the business
of rubber manufacturing and trading[1]

Key Points

Business Overview:[1][2]
GRCL is engaged in manufacturing, producing, and distributing various types of reclaimed rubber, rubber products, by-products, rubber chemicals, and rubber scrap for commercial and industrial purposes. The company has also ventured into the smart meter industry, including smart meter manufacturing, RMC switch gears, and SMC enclosures production.

  • Market Cap 357 Cr.
  • Current Price 622
  • High / Low 629 / 307
  • Stock P/E 63.8
  • Book Value 34.3
  • Dividend Yield 0.00 %
  • ROCE 39.5 %
  • ROE 33.1 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 18.1 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend

* 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.

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Half Yearly Results

Figures in Rs. Crores

Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
11.30 10.91 10.78 13.63 13.64 18.27 17.31 24.48
10.52 10.04 9.76 11.92 11.57 15.65 13.32 19.67
Operating Profit 0.78 0.87 1.02 1.71 2.07 2.62 3.99 4.81
OPM % 6.90% 7.97% 9.46% 12.55% 15.18% 14.34% 23.05% 19.65%
0.00 0.00 0.01 0.02 0.02 0.03 0.02 0.01
Interest 0.12 0.08 0.08 0.24 0.16 0.27 0.29 0.37
Depreciation 0.17 0.04 0.14 0.20 0.22 0.26 0.25 0.36
Profit before tax 0.49 0.75 0.81 1.29 1.71 2.12 3.47 4.09
Tax % 24.49% 25.33% 23.46% 26.36% 25.15% 25.94% 24.21% 27.63%
0.37 0.55 0.61 0.95 1.27 1.58 2.63 2.95
EPS in Rs 0.88 0.96 1.06 1.66 2.21 2.75 4.58 5.14
Raw PDF

Profit & Loss

Figures in Rs. Crores

Dec 2022 8m Mar 2023 Mar 2024 Mar 2025 Mar 2026
16.65 22.21 24.41 31.91 41.79
15.59 20.48 21.68 27.22 32.99
Operating Profit 1.06 1.73 2.73 4.69 8.80
OPM % 6.37% 7.79% 11.18% 14.70% 21.06%
0.00 0.00 0.03 0.05 0.03
Interest 0.21 0.28 0.32 0.43 0.66
Depreciation 0.14 0.21 0.35 0.48 0.62
Profit before tax 0.71 1.24 2.09 3.83 7.55
Tax % 22.54% 25.81% 25.36% 25.59% 25.96%
0.55 0.91 1.56 2.85 5.59
EPS in Rs 1.31 1.59 2.72 4.97 9.74
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 23%
TTM: 31%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 83%
TTM: 96%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 127%
1 Year: 54%
Return on Equity
10 Years: %
5 Years: %
3 Years: 25%
Last Year: 33%

Balance Sheet

Figures in Rs. Crores

Dec 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 4.21 5.74 5.74 5.74 5.74
Reserves 0.41 3.97 5.53 8.38 13.96
1.86 0.00 0.52 0.79 6.92
2.51 0.91 1.07 4.64 5.26
Total Liabilities 8.99 10.62 12.86 19.55 31.88
1.08 1.18 2.31 2.48 5.47
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00
7.91 9.44 10.55 17.07 26.41
Total Assets 8.99 10.62 12.86 19.55 31.88

Cash Flows

Figures in Rs. Crores

Dec 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1.55 -5.21 -0.31 0.42 0.16
-1.09 -1.40 -1.47 -0.65 -3.61
0.23 8.60 0.20 -0.16 3.59
Net Cash Flow 0.68 1.99 -1.58 -0.39 0.14
Free Cash Flow 0.46 -6.61 -1.78 -0.23 -3.45
CFO/OP 166% -283% 8% 25% 22%

Ratios

Figures in Rs. Crores

Dec 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 82.65 74.12 75.06 76.29 82.01
Inventory Days 67.74 47.92 84.08 151.15 210.22
Days Payable 56.33 8.90 9.92 31.80 45.97
Cash Conversion Cycle 94.06 113.14 149.22 195.64 246.26
Working Capital Days 76.73 105.18 132.03 138.63 121.58
ROCE % 22.42% 31.91% 39.54%

Insights

In beta
Mar 2023 Mar 2024 Mar 2025 Mar 2026
Total Permanent Employees
employees

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Plant 1 Installed Capacity
MTPM (Metric Tonnes Per Month)
Plant 1 Utilization (Output Volume)
MTPM (Metric Tonnes Per Month)
Annual Production Capacity - Decoupling Rubber (Flooring)
lakh pieces per year
Annual Production Capacity - UIC Vestibules (Intercargangway Mountings)
sets per year
Plant 2 Utilization
%
Railway Sector Revenue Share
% of total revenue
Smart Meter Annual Order Book
INR Crore

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
73.37% 73.37% 73.37% 73.37% 73.37% 73.56% 74.03%
26.64% 26.63% 26.63% 26.63% 26.63% 26.44% 25.97%
No. of Shareholders 169111123188194231224

Documents