GTN Industries Ltd

GTN Industries Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

GTN Industries Ltd

₹ 38.6 -1.68%
29 Nov - close price
gtnindustries.co BSE: 500170
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

Website BSE
  • Market Cap ₹ 67.7 Cr.
  • Current Price ₹ 38.6
  • High / Low ₹ 52.4 / 23.8
  • Stock P/E
  • Book Value ₹ 53.1
  • Dividend Yield 0.00 %
  • ROCE 19.8 %
  • ROE 17.6 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Stock is trading at 0.73 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.2%

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 1.21% over past five years.
  • Promoters have pledged 51.2% of their holding.
  • Company's cost of borrowing seems high

* 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

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
78.82 88.11 101.21 95.76 114.69 142.27 128.19 169.05 58.49 42.54 43.81 49.60 48.40
75.40 80.21 87.32 87.46 94.12 117.64 98.31 142.67 52.64 43.26 44.52 50.93 47.46
Operating Profit 3.42 7.90 13.89 8.30 20.57 24.63 29.88 26.38 5.85 -0.72 -0.71 -1.33 0.94
OPM % 4.34% 8.97% 13.72% 8.67% 17.94% 17.31% 23.31% 15.60% 10.00% -1.69% -1.62% -2.68% 1.94%
0.77 0.20 0.17 0.52 -17.02 -0.76 -0.52 0.95 0.10 0.28 0.90 0.49 0.40
Interest 5.43 5.40 8.69 4.63 2.64 1.78 1.76 3.16 1.57 1.26 1.59 1.19 1.25
Depreciation 2.26 2.26 2.15 2.15 1.94 0.91 0.88 0.96 0.89 0.90 0.82 0.91 0.92
Profit before tax -3.50 0.44 3.22 2.04 -1.03 21.18 26.72 23.21 3.49 -2.60 -2.22 -2.94 -0.83
Tax % 21.43% 34.09% 30.43% 43.63% 24.27% 35.84% 26.24% 27.88% 32.38% 14.62% 40.54% 21.43% 24.10%
-2.75 0.29 2.24 1.15 -0.78 13.59 19.71 16.74 2.36 -2.22 -1.32 -2.31 -0.63
EPS in Rs -1.57 0.17 1.28 0.66 -0.44 7.75 11.24 9.54 1.35 -1.27 -0.75 -1.32 -0.36
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
380 422 562 409 280 284 296 357 344 310 481 314 184
365 400 529 396 258 264 277 339 325 286 397 283 186
Operating Profit 15 22 32 13 22 19 18 18 19 24 84 31 -2
OPM % 4% 5% 6% 3% 8% 7% 6% 5% 6% 8% 17% 10% -1%
2 -5 2 4 -7 1 4 2 10 1 -17 2 2
Interest 17 23 24 21 18 19 23 23 25 25 11 8 5
Depreciation 16 15 15 9 1 9 9 9 9 9 6 4 4
Profit before tax -15 -21 -4 -13 -5 -7 -9 -13 -5 -8 50 22 -9
Tax % 39% 24% 80% 4% 11% 31% 28% 36% -11% 25% 31% 29%
-9 -16 -1 -13 -4 -5 -6 -8 -5 -6 35 16 -6
EPS in Rs -5.23 -9.30 -0.47 -7.15 -2.52 -2.69 -3.56 -4.76 -3.10 -3.55 19.75 8.87 -3.70
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -3%
5 Years: 1%
3 Years: -3%
TTM: -63%
Compounded Profit Growth
10 Years: 14%
5 Years: 31%
3 Years: 46%
TTM: -112%
Stock Price CAGR
10 Years: 16%
5 Years: 28%
3 Years: 68%
1 Year: -9%
Return on Equity
10 Years: 2%
5 Years: 11%
3 Years: 28%
Last Year: 18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 18 18 18 18 18 18 18 18 18 18 18 18 18
Reserves 25 9 8 38 33 41 48 40 34 28 63 79 76
Preference Capital 0 0 10 18 27 0 0 0 0 0 0 0
198 205 199 144 148 148 184 180 172 172 89 31 24
49 64 55 53 52 40 53 45 49 51 149 27 16
Total Liabilities 290 296 280 252 251 246 302 282 274 268 318 155 133
152 144 136 151 156 149 170 167 146 137 54 51 54
CWIP 0 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 0
138 152 143 101 95 97 131 115 128 131 261 99 79
Total Assets 290 296 280 252 251 246 302 282 274 268 318 155 133

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
32 17 34 25 25 21 12 23 8 35 17 19
-9 -7 -8 -8 -6 -2 -30 -6 22 -0 58 47
-25 -17 -20 -24 -16 -20 16 -14 -29 -33 -78 -67
Net Cash Flow -2 -8 6 -6 3 -0 -2 2 1 2 -3 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 18 38 18 14 14 19 40 28 26 32 35 33
Inventory Days 124 99 68 72 124 122 123 83 99 110 145 71
Days Payable 47 66 33 37 42 55 73 61 66 57 56 19
Cash Conversion Cycle 95 70 52 50 96 86 90 50 59 85 124 86
Working Capital Days 62 63 44 37 52 52 61 45 58 73 78 78
ROCE % 1% 4% 8% 3% 10% 6% 5% 4% 5% 8% 41% 20%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
74.34% 74.34% 74.34% 74.34% 74.34% 74.34% 74.34% 74.33% 74.33% 74.33% 74.33% 74.33%
0.08% 0.08% 0.08% 0.08% 0.08% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00%
25.59% 25.59% 25.59% 25.59% 25.59% 25.66% 25.66% 25.67% 25.66% 25.66% 25.66% 25.66%
No. of Shareholders 13,69813,52013,87913,91313,77413,81713,94914,98614,90614,83514,65014,788

* 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.

Documents

Announcements

Annual reports

Credit ratings