GTN Industries Ltd

GTN Industries Ltd

₹ 33.8 5.00%
14 Jun 4:01 p.m.
About

Incorporated in 1962, GTN Industries manufactures and exports cotton yarn[1]

Key Points

Business Overview:[1]
Company is in the business of Spinning and Doubling of Yarn with its production facilities in Telangana and Maharashtra

  • Market Cap 59.3 Cr.
  • Current Price 33.8
  • High / Low 63.0 / 28.0
  • Stock P/E
  • Book Value 50.2
  • Dividend Yield 0.00 %
  • ROCE -3.11 %
  • ROE -6.89 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.67 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -12.3% over past five years.
  • Promoters have pledged 51.2% of their holding.

* 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 - Cotton/Blended

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
101.21 95.76 114.69 142.27 128.19 169.05 58.49 42.54 43.81 49.60 48.40 47.06 40.32
87.32 87.46 94.12 117.64 98.31 142.67 52.64 43.26 44.52 50.93 47.46 47.81 40.89
Operating Profit 13.89 8.30 20.57 24.63 29.88 26.38 5.85 -0.72 -0.71 -1.33 0.94 -0.75 -0.57
OPM % 13.72% 8.67% 17.94% 17.31% 23.31% 15.60% 10.00% -1.69% -1.62% -2.68% 1.94% -1.59% -1.41%
0.17 0.52 -17.02 -0.76 -0.52 0.95 0.10 0.28 0.90 0.49 0.40 0.14 0.40
Interest 8.69 4.63 2.64 1.78 1.76 3.16 1.57 1.26 1.59 1.19 1.25 0.84 1.02
Depreciation 2.15 2.15 1.94 0.91 0.88 0.96 0.89 0.90 0.82 0.91 0.92 0.94 0.93
Profit before tax 3.22 2.04 -1.03 21.18 26.72 23.21 3.49 -2.60 -2.22 -2.94 -0.83 -2.39 -2.12
Tax % 30.43% 43.63% 24.27% 35.84% 26.24% 27.88% 32.38% 14.62% 40.54% 21.43% 24.10% 19.67% 30.66%
2.24 1.15 -0.78 13.59 19.71 16.74 2.36 -2.22 -1.32 -2.31 -0.63 -1.92 -1.47
EPS in Rs 1.28 0.66 -0.44 7.75 11.24 9.54 1.35 -1.27 -0.75 -1.32 -0.36 -1.09 -0.84
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
422 562 409 280 284 296 357 344 310 481 314 185
400 529 396 258 264 277 339 325 286 397 283 187
Operating Profit 22 32 13 22 19 18 18 19 24 84 31 -2
OPM % 5% 6% 3% 8% 7% 6% 5% 6% 8% 17% 10% -1%
-5 2 4 -7 1 4 2 10 1 -17 2 1
Interest 23 24 21 18 19 23 23 25 25 11 8 4
Depreciation 15 15 9 1 9 9 9 9 9 6 4 4
Profit before tax -21 -4 -13 -5 -7 -9 -13 -5 -8 50 22 -8
Tax % 24% 80% 4% 11% 31% 28% 36% -11% 25% 31% 29% 23%
-16 -1 -13 -4 -5 -6 -8 -5 -6 35 16 -6
EPS in Rs -9.30 -0.47 -7.15 -2.52 -2.69 -3.56 -4.76 -3.10 -3.55 19.75 8.87 -3.61
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -10%
5 Years: -12%
3 Years: -16%
TTM: -41%
Compounded Profit Growth
10 Years: %
5 Years: 4%
3 Years: -1%
TTM: -141%
Stock Price CAGR
10 Years: 9%
5 Years: 31%
3 Years: 24%
1 Year: -2%
Return on Equity
10 Years: 1%
5 Years: 11%
3 Years: 23%
Last Year: -7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 18 18 18 18 18 18 18 18 18 18 18 18
Reserves 9 8 38 33 41 48 40 34 28 63 79 70
Preference Capital 0 10 18 27 0 0 0 0 0 0 0
205 199 144 148 148 184 180 172 172 89 31 41
64 55 53 52 40 53 45 49 51 149 27 18
Total Liabilities 296 280 252 251 246 302 282 274 268 318 155 146
144 136 151 156 149 170 167 146 137 54 51 54
CWIP 0 1 0 0 0 0 0 0 0 3 6 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
152 143 101 95 97 131 115 128 131 261 99 92
Total Assets 296 280 252 251 246 302 282 274 268 318 155 146

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
17 34 25 25 21 12 23 8 35 17 19 10
-7 -8 -8 -6 -2 -30 -6 22 -0 58 47 -2
-17 -20 -24 -16 -20 16 -14 -29 -33 -78 -67 0
Net Cash Flow -8 6 -6 3 -0 -2 2 1 2 -3 -0 8

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 38 18 14 14 19 40 28 26 32 35 33 26
Inventory Days 99 68 72 124 122 123 83 99 110 145 71 107
Days Payable 66 33 37 42 55 73 61 66 57 56 19 23
Cash Conversion Cycle 70 52 50 96 86 90 50 59 85 124 86 110
Working Capital Days 63 44 37 52 52 61 45 58 73 78 78 112
ROCE % 4% 8% 3% 10% 6% 5% 4% 5% 8% 41% 20%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.34% 74.34% 74.34% 74.34% 74.34% 74.33% 74.33% 74.33% 74.33% 74.33% 74.33% 74.33%
0.08% 0.08% 0.08% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
25.59% 25.59% 25.59% 25.66% 25.66% 25.67% 25.66% 25.66% 25.66% 25.66% 25.66% 25.66%
No. of Shareholders 13,87913,91313,77413,81713,94914,98614,90614,83514,65014,78814,74215,191

* 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.

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