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 ₹ 198 Cr.
- Current Price ₹ 85.2
- High / Low ₹ 153 / 68.2
- Stock P/E 21.0
- Book Value ₹ 48.8
- Dividend Yield 0.00 %
- ROCE 14.9 %
- ROE 16.9 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.35% 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
Sector: Consumer Durables Industry: Domestic 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 | |
|---|---|---|---|---|
| 238 | 239 | 329 | 320 | |
| 230 | 229 | 321 | 299 | |
| Operating Profit | 8 | 10 | 8 | 20 |
| OPM % | 3% | 4% | 2% | 6% |
| 0 | 0 | 1 | 3 | |
| Interest | 5 | 4 | 6 | 5 |
| Depreciation | 2 | 2 | 2 | 3 |
| Profit before tax | 2 | 4 | 1 | 15 |
| Tax % | 26% | 31% | 43% | 28% |
| 1 | 3 | 1 | 10 | |
| EPS in Rs | 3.17 | 8.59 | 1.43 | 6.13 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 10% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 103% |
| TTM: | 1906% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 17 | 23 |
| Reserves | 44 | 47 | 47 | 44 | 90 |
| 42 | 51 | 67 | 66 | 80 | |
| 33 | 37 | 58 | 68 | 77 | |
| Total Liabilities | 122 | 139 | 176 | 194 | 271 |
| 19 | 19 | 26 | 31 | 36 | |
| CWIP | 0 | 0 | 3 | 12 | 22 |
| Investments | 1 | 1 | 1 | 0 | 0 |
| 102 | 119 | 146 | 152 | 212 | |
| Total Assets | 122 | 139 | 176 | 194 | 271 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| -1 | -4 | 3 | 21 | |
| -2 | -2 | -13 | -16 | |
| 3 | 7 | 10 | -5 | |
| Net Cash Flow | -0 | 1 | 0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 90 | 91 | 72 | 67 |
| Inventory Days | 84 | 94 | 109 | 136 |
| Days Payable | 66 | 60 | 76 | 94 |
| Cash Conversion Cycle | 109 | 125 | 105 | 109 |
| Working Capital Days | 104 | 122 | 96 | 97 |
| ROCE % | 9% | 6% | 15% |
Business Overview:[1]
GAL is an ISO 9001: 2008 Certified company that provides home appliances to its consumers. Currently, company provides 25 major categories and almost 150 range of products. It has 3
advanced research and manufacturing units in
Karnataka and Himachal Pradesh.