GTN Textiles Ltd
Incorporated in 1966, GTN Textile Ltd is in the business of manufacture and sale of Fine and super fine combed cotton yarn, and realty segment[1]
- Market Cap ₹ 13.6 Cr.
- Current Price ₹ 11.7
- High / Low ₹ 14.7 / 10.0
- Stock P/E 3.90
- Book Value ₹ -0.22
- Dividend Yield 0.00 %
- ROCE -2.39 %
- ROE -104 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- The company has delivered a poor sales growth of -41.2% over past five years.
- Company has a low return on equity of -60.3% over last 3 years.
- Working capital days have increased from 392 days to 1,227 days
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
153 | 114 | 143 | 142 | 131 | 46 | 83 | 10 | 0 | |
150 | 107 | 130 | 140 | 132 | 55 | 84 | 11 | 0 | |
Operating Profit | 3 | 7 | 13 | 3 | -1 | -9 | -1 | -1 | 0 |
OPM % | 2% | 6% | 9% | 2% | -1% | -19% | -1% | -9% | |
1 | -1 | -2 | 0 | 0 | -3 | -1 | -17 | -21 | |
Interest | 9 | 10 | 11 | 9 | 9 | 9 | 11 | 2 | 0 |
Depreciation | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 1 | 0 |
Profit before tax | -10 | -9 | -3 | -10 | -13 | -24 | -15 | -21 | -21 |
Tax % | 27% | 26% | 18% | 12% | 22% | -52% | 8% | 16% | |
-7 | -2 | -4 | -8 | -10 | -36 | -14 | -18 | -17 | |
EPS in Rs | -6.00 | -1.44 | -3.60 | -7.23 | -8.68 | -30.94 | -12.07 | -15.43 | -14.63 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -41% |
3 Years: | -58% |
TTM: | -100% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -44% |
TTM: | 134% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 2% |
3 Years: | 27% |
1 Year: | -12% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -31% |
3 Years: | -60% |
Last Year: | -104% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
Reserves | -10 | 78 | 74 | 73 | 63 | 30 | 16 | -4 | -12 |
Preference Capital | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | |
66 | 56 | 60 | 56 | 64 | 71 | 72 | 24 | 36 | |
49 | 52 | 59 | 57 | 40 | 24 | 35 | 67 | 62 | |
Total Liabilities | 116 | 198 | 205 | 197 | 179 | 136 | 134 | 99 | 97 |
47 | 135 | 129 | 125 | 122 | 118 | 115 | 0 | 0 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 5 | 3 | 1 | 0 | 0 | 0 | 0 | 0 |
69 | 58 | 72 | 71 | 57 | 18 | 19 | 99 | 97 | |
Total Assets | 116 | 198 | 205 | 197 | 179 | 136 | 134 | 99 | 97 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
18 | 18 | 4 | 8 | 3 | -7 | 8 | 1 | |
0 | 0 | 1 | 5 | 0 | 0 | 0 | 27 | |
-18 | -18 | -6 | -12 | 1 | 4 | -10 | -28 | |
Net Cash Flow | 1 | 0 | -1 | 0 | 5 | -4 | -2 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 40 | 44 | 31 | 36 | 31 | 18 | 12 | 0 |
Inventory Days | 154 | 186 | 228 | 180 | 123 | 109 | 59 | 12 |
Days Payable | 186 | 266 | 252 | 201 | 148 | 50 | 64 | 324 |
Cash Conversion Cycle | 7 | -36 | 8 | 15 | 6 | 76 | 7 | -312 |
Working Capital Days | -12 | 6 | 22 | 23 | 15 | 5 | -57 | 1,227 |
ROCE % | 3% | 7% | -0% | -3% | -9% | -3% | -2% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 10 Nov
- Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Nov
- Related Party Transactions For Half Year Ended 30.9.2023 9 Nov
- Statement Of Standalone And Consolidated Un-Audited Financial Results For Quarter And Half Year Ended 30.9.2023 9 Nov
- Board Meeting Outcome for Outcome Of Board Meeting Held On 09.11.2023 9 Nov
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Product Profile:[1]
a) Infiniti (Compact):
It is a lower yarn hairiness product with higher strength and elongation
b) Ring Spun Yarns:
Company manufactures yarn of various counts ranging from Ne 24's to Ne 200's including High Twist yarn, Reverse Twist yarn & Gassed yarn
c) Wonder Twist (Siro Compact):
It is production of a two ply yarn by combining the Compact and Siro systems
d) Slub Yarns:
Company supplies 100% Cotton Yarn Slubs of Short/ Medium/ Long slub patterns of yarn counts Ne20s to Ne60s from its Premium Raw Cotton blends meant for both Knitting and Weaving Applications
e) Knitted Fabrics:
Company supplies Weft Knitted fabrics of any patterns such as Single Jersey, Interlock, Rib, Fleece, Pique, honey comb etc. made out of 100% Cotton, Cotton + Elaspan