GTN Textiles Ltd

₹ 14.5 -2.74%
03 Oct - close price
About

GTN Textiles Ltd is engaged primarily in the business of manufacture and Sale of Fine and super fine combed cotton yarn.[1]

Key Points

Export Revenues
In FY21, exports accounted for ~33% revenues compared to ~44% revenues in FY20. The rest of revenues were contributed by local sales.[1]

  • Market Cap 16.9 Cr.
  • Current Price 14.5
  • High / Low 22.2 / 6.90
  • Stock P/E
  • Book Value 23.5
  • Dividend Yield 0.00 %
  • ROCE -3.31 %
  • ROE -37.3 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.62 times its book value
  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -5.99% over past five years.
  • Company has a low return on equity of -33.2% over last 3 years.

* 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
37.97 35.50 28.26 29.27 12.31 6.36 10.95 16.64 15.97 24.14 26.98 16.37 9.99
39.60 35.38 29.53 29.29 14.87 9.81 12.78 17.56 16.33 23.76 27.26 16.82 10.90
Operating Profit -1.63 0.12 -1.27 -0.02 -2.56 -3.45 -1.83 -0.92 -0.36 0.38 -0.28 -0.45 -0.91
OPM % -4.29% 0.34% -4.49% -0.07% -20.80% -54.25% -16.71% -5.53% -2.25% 1.57% -1.04% -2.75% -9.11%
0.01 0.00 0.11 0.01 0.05 0.02 0.06 -2.87 0.02 -0.12 -0.16 -0.34 0.02
Interest 2.33 2.30 2.18 1.77 2.10 2.08 2.51 2.33 2.82 2.88 2.63 2.62 2.43
Depreciation 0.80 0.81 0.79 0.82 0.78 0.78 0.78 0.75 0.75 0.75 0.76 0.72 0.71
Profit before tax -4.75 -2.99 -4.13 -2.60 -5.39 -6.29 -5.06 -6.87 -3.91 -3.37 -3.83 -4.13 -4.03
Tax % 0.00% 0.00% 0.00% 111.54% 0.00% 0.00% 0.00% -180.35% 0.00% 0.00% 0.00% 28.81% 0.00%
Net Profit -4.75 -2.99 -4.13 0.30 -5.39 -6.29 -5.06 -19.26 -3.91 -3.37 -3.83 -2.94 -4.03
EPS in Rs -4.08 -2.57 -3.55 0.26 -4.63 -5.40 -4.35 -16.55 -3.36 -2.90 -3.29 -2.53 -3.46
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
153 114 143 142 131 46 83 77
150 107 130 140 132 55 84 79
Operating Profit 3 7 13 3 -1 -9 -1 -1
OPM % 2% 6% 9% 2% -1% -19% -1% -2%
1 -1 -2 0 0 -3 -1 -1
Interest 9 10 11 9 9 9 11 11
Depreciation 4 4 4 3 3 3 3 3
Profit before tax -10 -9 -3 -10 -13 -24 -15 -15
Tax % 27% 26% 18% 12% 22% -52% 8%
Net Profit -7 -2 -4 -8 -10 -36 -14 -14
EPS in Rs -6.00 -1.44 -3.60 -7.23 -8.68 -30.94 -12.07 -12.18
Dividend Payout % 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -6%
3 Years: -16%
TTM: 55%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -24%
TTM: 64%
Stock Price CAGR
10 Years: 6%
5 Years: -6%
3 Years: 25%
1 Year: 103%
Return on Equity
10 Years: %
5 Years: -20%
3 Years: -33%
Last Year: -37%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
12 12 12 12 12 13 13
Reserves -10 78 74 73 63 30 16
66 56 60 56 64 71 72
49 52 59 57 40 24 35
Total Liabilities 116 198 205 197 179 136 134
47 135 129 125 122 118 115
CWIP 0 0 0 0 0 0 0
Investments 1 5 3 1 0 0 0
69 58 72 71 57 18 19
Total Assets 116 198 205 197 179 136 134

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
18 18 4 8 3 -7 12
0 0 1 5 0 0 0
-18 -18 -6 -12 1 4 -10
Net Cash Flow 1 0 -1 0 5 -4 2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 40 44 31 36 31 18 12
Inventory Days 154 186 228 180 123 109 59
Days Payable 186 266 252 201 148 50 64
Cash Conversion Cycle 7 -36 8 15 6 76 7
Working Capital Days -12 6 22 23 15 5 -57
ROCE % 3% 7% -0% -3% -9% -3%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
63.36 63.36 63.36 63.36 63.36 63.36 63.36 63.36 63.36 63.36 63.36 63.36
0.77 0.82 0.77 0.77 0.77 0.77 0.77 0.75 0.48 0.48 0.49 0.49
35.86 35.82 35.87 35.87 35.87 35.87 35.87 35.89 36.15 36.15 36.15 36.15

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