GTN Industries Ltd

₹ 45.4 4.98%
05 Dec 4:01 p.m.
About

GTN Industries is engaged in the business of Spinning and Doubling of Yarn. The Company has its production facilities in the state of Telangana and Maharashtra. [1]

Key Points

Revenue Breakup
Manufactured Products: 93%
Traded Products: 7% [1]
It manufactures products such as high-end fine count grey yarns, gassed yarns, organic yarns, mercerized and dyed yarns, knitted fabrics and lifestyle garments. [2]

  • Market Cap 79.5 Cr.
  • Current Price 45.4
  • High / Low 89.0 / 25.4
  • Stock P/E 1.47
  • Book Value 56.7
  • Dividend Yield 0.00 %
  • ROCE 41.0 %
  • ROE 74.7 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.77 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 72.8% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of 11.1% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
90.45 91.35 76.38 42.10 78.82 88.11 101.21 95.76 114.69 142.27 128.19 169.05 58.49
83.93 86.34 73.42 43.16 75.40 80.21 87.32 87.46 94.12 117.64 98.21 142.67 52.64
Operating Profit 6.52 5.01 2.96 -1.06 3.42 7.90 13.89 8.30 20.57 24.63 29.98 26.38 5.85
OPM % 7.21% 5.48% 3.88% -2.52% 4.34% 8.97% 13.72% 8.67% 17.94% 17.31% 23.39% 15.60% 10.00%
5.82 2.89 1.21 0.25 0.77 0.20 0.17 0.52 -17.02 -0.76 0.64 0.95 0.10
Interest 6.40 6.36 5.64 5.39 5.43 5.40 8.69 4.63 2.64 1.78 1.76 3.16 1.57
Depreciation 2.31 2.29 2.23 2.23 2.26 2.26 2.15 2.15 1.94 0.91 0.88 0.96 0.89
Profit before tax 3.63 -0.75 -3.70 -8.43 -3.50 0.44 3.22 2.04 -1.03 21.18 27.98 23.21 3.49
Tax % 11.29% 74.67% 7.03% 28.71% 21.43% 34.09% 30.43% 43.63% 24.27% 35.84% 26.09% 27.88% 32.38%
Net Profit 3.22 -0.19 -3.44 -6.01 -2.75 0.29 2.24 1.15 -0.78 13.59 20.68 16.74 2.36
EPS in Rs 1.84 -0.11 -1.96 -3.43 -1.57 0.17 1.28 0.66 -0.44 7.75 11.79 9.54 1.35
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
399 380 422 562 409 280 284 296 357 344 310 481 498
347 365 400 529 396 258 264 277 339 325 286 397 411
Operating Profit 52 15 22 32 13 22 19 18 18 19 24 84 87
OPM % 13% 4% 5% 6% 3% 8% 7% 6% 5% 6% 8% 17% 17%
1 2 -5 2 4 -7 1 4 2 10 1 -17 1
Interest 20 17 23 24 21 18 19 23 23 25 25 11 8
Depreciation 15 16 15 15 9 1 9 9 9 9 9 6 4
Profit before tax 18 -15 -21 -4 -13 -5 -7 -9 -13 -5 -8 50 76
Tax % 46% 39% 24% 80% 4% 11% 31% 28% 36% -11% 25% 31%
Net Profit 10 -9 -16 -1 -13 -4 -5 -6 -8 -5 -6 35 53
EPS in Rs 5.42 -5.23 -9.30 -0.47 -7.15 -2.52 -2.69 -3.56 -4.76 -3.10 -3.55 19.75 30.43
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 2%
5 Years: 11%
3 Years: 10%
TTM: 25%
Compounded Profit Growth
10 Years: 21%
5 Years: 73%
3 Years: 97%
TTM: 166%
Stock Price CAGR
10 Years: 17%
5 Years: 19%
3 Years: 90%
1 Year: 79%
Return on Equity
10 Years: -2%
5 Years: 4%
3 Years: 16%
Last Year: 75%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
18 18 18 28 36 45 18 18 18 18 18 18 18
Reserves 35 25 9 8 38 33 41 48 40 34 28 63 82
206 198 205 199 144 148 148 184 180 172 172 89 53
60 49 64 55 53 52 40 53 45 49 51 149 33
Total Liabilities 318 290 296 280 252 251 246 302 282 274 268 318 186
153 152 144 136 151 156 149 170 167 146 137 54 50
CWIP 4 0 0 1 0 0 0 0 0 -0 -0 3 2
Investments -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
161 138 152 143 101 95 97 131 115 128 131 261 133
Total Assets 318 290 296 280 252 251 246 302 282 274 268 318 186

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
35 32 17 34 25 25 21 12 23 8 35 17
-14 -9 -7 -8 -8 -6 -2 -30 -6 22 -0 58
-13 -25 -17 -20 -24 -16 -20 16 -14 -29 -33 -78
Net Cash Flow 7 -2 -8 6 -6 3 -0 -2 2 1 2 -3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 28 18 38 18 14 14 19 40 28 26 32 35
Inventory Days 135 124 99 68 72 124 122 123 83 99 110 145
Days Payable 48 47 66 33 37 42 55 73 61 66 57 56
Cash Conversion Cycle 114 95 70 52 50 96 86 90 50 59 85 124
Working Capital Days 79 62 63 44 37 52 52 61 45 58 73 82
ROCE % 15% 1% 4% 8% 3% 10% 6% 5% 4% 5% 8% 41%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
74.34 74.34 74.34 74.33 74.34 74.34 74.34 74.34 74.34 74.34 74.34 74.33
0.27 0.26 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.01 0.01 0.00
25.39 25.40 25.59 25.59 25.59 25.59 25.59 25.59 25.59 25.66 25.66 25.67

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

Please click on the line-items to see the names of individual entities.

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