Greenchef Appliances Ltd
Incorporated in 2010, Greenchef Appliances
Ltd is in the business of manufacturing and marketing of a wide range of kitchen appliances[1]
- Market Cap ₹ 108 Cr.
- Current Price ₹ 46.5
- High / Low ₹ 76.0 / 44.0
- Stock P/E
- Book Value ₹ 49.8
- Dividend Yield 0.00 %
- ROCE 6.14 %
- ROE 5.08 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.93 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 8.71% over past five years.
- Company has a low return on equity of 7.77% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Consumer Discretionary Consumer Durables Consumer Durables Household Appliances
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 238 | 239 | 329 | 320 | 321 | 361 | 382 | |
| 230 | 229 | 321 | 299 | 308 | 346 | 378 | |
| Operating Profit | 8 | 10 | 8 | 20 | 12 | 15 | 4 |
| OPM % | 3% | 4% | 2% | 6% | 4% | 4% | 1% |
| 0 | 0 | 1 | 3 | 1 | 1 | 1 | |
| Interest | 5 | 4 | 6 | 5 | 6 | 5 | 5 |
| Depreciation | 2 | 2 | 2 | 3 | 2 | 2 | 3 |
| Profit before tax | 2 | 4 | 1 | 15 | 6 | 8 | -5 |
| Tax % | 26% | 31% | 43% | 28% | 19% | 29% | |
| 1 | 3 | 1 | 10 | 5 | 6 | -3 | |
| EPS in Rs | 3.17 | 8.59 | 1.43 | 6.13 | 2.08 | 2.56 | -1.45 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 3% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | 133% |
| TTM: | -159% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -40% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 8% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 17 | 23 | 23 | 23 |
| Reserves | 44 | 47 | 47 | 44 | 91 | 97 | 93 |
| 42 | 51 | 67 | 66 | 121 | 85 | 90 | |
| 33 | 37 | 58 | 68 | 54 | 101 | 124 | |
| Total Liabilities | 122 | 139 | 176 | 194 | 290 | 306 | 330 |
| 19 | 19 | 26 | 31 | 38 | 46 | 110 | |
| CWIP | 0 | 0 | 3 | 12 | 37 | 56 | 6 |
| Investments | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| 102 | 119 | 146 | 152 | 215 | 203 | 213 | |
| Total Assets | 122 | 139 | 176 | 194 | 290 | 306 | 330 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -1 | -4 | 3 | 21 | -24 | 34 | |
| -2 | -2 | -13 | -16 | -34 | -30 | |
| 3 | 7 | 10 | -5 | 97 | -42 | |
| Net Cash Flow | -0 | 1 | 0 | -0 | 40 | -38 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 90 | 91 | 72 | 67 | 93 | 102 |
| Inventory Days | 84 | 94 | 109 | 136 | 136 | 144 |
| Days Payable | 66 | 60 | 76 | 94 | 67 | 144 |
| Cash Conversion Cycle | 109 | 125 | 105 | 109 | 162 | 102 |
| Working Capital Days | 80 | 82 | 57 | 53 | 28 | 38 |
| ROCE % | 9% | 6% | 15% | 6% | 6% |
Documents
Announcements
-
Structural Digital Database
10 January 2026 - SEBI PIT Regulations SDD compliance certificate: one UPSI event captured for quarter ended 31-Dec-2025.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
10 January 2026 - Regulation 74(5) dematerialisation certificates submitted for quarter ended 31 Dec 2025 by MUFG/Greenchef (Gland Pharma confirmation included).
-
Outcome of Board Meeting
27 December 2025 - Reported losses for half-year ended 30.09.2025 due to factory relocation, transition costs, lower production and higher financing costs.
-
Updates
27 December 2025 - Paid NSE fine Rs177,000 for delayed Sep 30, 2025 results; results submitted Dec 27, 2025.
-
Outcome of Board Meeting
27 December 2025 - Unaudited H1 results ended Sep 30, 2025: net loss Rs.451 lakh; limited review report.
Business Overview:[1]
GAL is an ISO 9001: 2008 Certified company providing home appliances to consumers. Currently, company provides 25 major categories and 150 range of products.