Share Price and Basic Stock Data

Last Updated: November 18, 2024, 12:36 pm

Market Cap	67.1 Cr.
Current Price	4.18
High / Low	23.6/3.85
Stock P/E	59.9
Book Value	1.21
Dividend Yield	0.00 %
ROCE	11.7 %
ROE	6.37 %
Face Value	1.00
PEG Ratio	4.14

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Growington Ventures India Ltd

Competitors of Growington Ventures India Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Growington Ventures India Ltd	67.1 Cr.	4.18	23.6/3.85	59.9	1.21	0.00 %	11.7 %	6.37 %	1.00
Easy Trip Planners Ltd	5,283 Cr.	29.8	54.0/28.4	32.7	3.76	0.34 %	40.1 %	29.3 %	1.00
Autoriders International Ltd	7.00 Cr.	143	143/30.1	0.93	745	0.35 %	24.0 %	33.7 %	10.0
Thomas Cook (India) Ltd	9,585 Cr.	204	264/135	34.6	45.5	0.20 %	19.1 %	13.8 %	1.00
Indian Railway Catering & Tourism Corporation Ltd (IRCTC)	63,720 Cr.	797	1,148/690	53.0	44.0	0.82 %	53.8 %	40.4 %	2.00
Industry Average	23,653.75 Cr	261.16		36.59	145.70	0.33%	29.95%	25.78%	2.67

All Competitor Stocks of Growington Ventures India Ltd

Quarterly Result

Month	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	4.51	11.30	2.42	8.17	12.62	11.11	7.04
Expenses	4.54	10.38	2.99	6.73	11.57	11.50	6.32
Operating Profit	-0.03	0.92	-0.57	1.44	1.05	-0.39	0.72
OPM %	-0.67%	8.14%	-23.55%	17.63%	8.32%	-3.51%	10.23%
Other Income	0.23	0.22	0.20	0.21	0.21	0.20	0.19
Interest	0.00	0.00	0.00	0.00	0.05	0.07	0.12
Depreciation	0.01	0.01	0.01	0.01	0.02	0.03	0.07
Profit before tax	0.19	1.13	-0.38	1.64	1.19	-0.29	0.72
Tax %	26.32%	25.66%	0.00%	25.61%	30.25%	110.34%	40.28%
Net Profit	0.15	0.84	-0.38	1.21	0.83	-0.61	0.43
EPS in Rs	0.01	0.05	-0.02	0.08	0.05	-0.04	0.03

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:20 pm

Month	Mar 2023	Mar 2024	TTM
Sales	19.63	34.30	38.94
Expenses	18.68	32.71	36.12
Operating Profit	0.95	1.59	2.82
OPM %	4.84%	4.64%	7.24%
Other Income	0.94	0.75	0.81
Interest	0.16	0.13	0.24
Depreciation	0.02	0.07	0.13
Profit before tax	1.71	2.14	3.26
Tax %	26.32%	46.73%
Net Profit	1.26	1.14	1.86
EPS in Rs	0.08	0.07	0.12
Dividend Payout %	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2023-2024
YoY Net Profit Growth (%)	-9.52%
Change in YoY Net Profit Growth (%)	0.00%

Growington Ventures India Ltd has shown a consistent positive trend in YoY Net Profit Growth (%) in the last 1 years from 2023-2024 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	38%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-38%

Stock Price CAGR
10 Years:	%
5 Years:	29%
3 Years:	76%
1 Year:	-80%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	6%

Last Updated: Unknown

Balance Sheet

Last Updated: September 15, 2024, 1:27 pm

Month	Mar 2023	Mar 2024
Equity Capital	15.90	16.06
Reserves	1.33	2.52
Borrowings	0.00	2.98
Other Liabilities	5.07	8.38
Total Liabilities	22.30	29.94
Fixed Assets	0.08	0.62
CWIP	0.00	0.00
Investments	0.00	0.00
Other Assets	22.22	29.32
Total Assets	22.30	29.94

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2023	Mar 2024
Cash from Operating Activity +	-10.04	-4.59
Cash from Investing Activity +	3.24	0.17
Cash from Financing Activity +	7.18	3.01
Net Cash Flow	0.38	-1.40

Free Cash Flow

Month	Mar 2023	Mar 2024
Free Cash Flow	0.95	-1.39

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2023	Mar 2024
Debtor Days	135.18	75.13
Inventory Days	1.61	10.74
Days Payable	92.06	93.03
Cash Conversion Cycle	44.73	-7.16
Working Capital Days	281.51	215.28
ROCE %		11.70%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2019	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	72.04%	65.22%	61.10%	38.16%	38.16%	38.16%	43.12%	43.12%	42.70%	42.70%	42.70%	42.70%
Public	27.96%	34.78%	38.90%	61.84%	61.84%	61.84%	56.88%	56.87%	57.30%	57.31%	57.31%	57.31%
No. of Shareholders	32	29	59	80	339	308	236	262	252	962	24,102	27,313

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24
FaceValue	1.00
Basic EPS (Rs.)	0.07
Diluted EPS (Rs.)	0.07
Cash EPS (Rs.)	0.07
Book Value[Excl.RevalReserv]/Share (Rs.)	1.16
Book Value[Incl.RevalReserv]/Share (Rs.)	1.16
Revenue From Operations / Share (Rs.)	2.14
PBDIT / Share (Rs.)	0.14
PBIT / Share (Rs.)	0.14
PBT / Share (Rs.)	0.13
Net Profit / Share (Rs.)	0.07
NP After MI And SOA / Share (Rs.)	0.07
PBDIT Margin (%)	6.80
PBIT Margin (%)	6.61
PBT Margin (%)	6.25
Net Profit Margin (%)	3.32
NP After MI And SOA Margin (%)	3.32
Return on Networth / Equity (%)	6.14
Return on Capital Employeed (%)	8.71
Return On Assets (%)	3.81
Current Ratio (X)	7.42
Quick Ratio (X)	7.20
Interest Coverage Ratio (X)	19.04
Interest Coverage Ratio (Post Tax) (X)	10.31
Enterprise Value (Cr.)	100.19
EV / Net Operating Revenue (X)	2.92
EV / EBITDA (X)	42.89
MarketCap / Net Operating Revenue (X)	2.93
Price / BV (X)	5.42
Price / Net Operating Revenue (X)	2.93
EarningsYield	0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Growington Ventures India Ltd as of November 18, 2024 is: 4.71

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 18, 2024, Growington Ventures India Ltd is Undervalued by 12.68% compared to the current share price 4.18

Intrinsic Value of Growington Ventures India Ltd as of November 18, 2024 is: 5.39

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 18, 2024, Growington Ventures India Ltd is Undervalued by 28.95% compared to the current share price 4.18

Last 5 Year EPS CAGR: 14.47%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock is trading at a low valuation with an average P/B ratio of 0.14 and average Dividend Yield of 6.61%. The company has higher reserves (1.93 cr) compared to borrowings (1.49 cr), indicating strong financial stability. The company has shown consistent growth in sales (30.96 cr) and profit (2.37 cr) over the years.	The stock has a low average ROCE of 5.85%, which may not be favorable. The stock has a high average Working Capital Days of 248.40, which may not be favorable. The stock has a high average Cash Conversion Cycle of 18.79, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Growington Ventures India Ltd:
1. Net Profit Margin: 3.32%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 8.71% (Industry Average ROCE: 29.95%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 6.14% (Industry Average ROE: 25.78%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 10.31
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 7.2
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 59.9 (Industry average Stock P/E: 36.59)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Growington Ventures India Ltd. is a Public Limited Listed company incorporated on 03/08/2010 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L63090MH2010PLC363537 and registration number is 151907. Currently Company is involved in the business activities of Travel agency, tour operator and other reservation service activities. Company’s Total Operating Revenue is Rs. 1.23 Cr. and Equity Capital is Rs. 5.58 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Travel/Tourism/Amusement Park	Shiv Chamber, 4th Floor, Plot No. 21, Sector - 11, New Mumbai Maharashtra 400614	growingtons@gmail.com http://www.growington.in

Management
Name	Position Held
Mr. Lokesh Patwa	Whole Time Director
Mr. Mukesh Patwa	Whole Time Director
Mr. Vikram Bajaj	Non Executive Director
Mr. Abhimanyu Kumar	Ind. Non-Executive Director
Mr. Dhirendra Radheshyam Maurya	Ind. Non-Executive Director
Mrs. Ankita Mundhra	Ind. Non-Executive Woman Director

FAQ

What is the latest intrinsic value of Growington Ventures India Ltd?

The latest intrinsic value of Growington Ventures India Ltd as on 18 November 2024 is ₹4.71, which is 12.68% higher than the current market price of ₹4.18.

What is the Market Cap of Growington Ventures India Ltd?

The Market Cap of Growington Ventures India Ltd is 67.1 Cr..

What is the current Stock Price of Growington Ventures India Ltd as on 18 November 2024?

The current stock price of Growington Ventures India Ltd as on 18 November 2024 is ₹4.18.

What is the High / Low of Growington Ventures India Ltd stocks in FY 2024?

In FY 2024, the High / Low of Growington Ventures India Ltd stocks is 23.6/3.85.

What is the Stock P/E of Growington Ventures India Ltd?

The Stock P/E of Growington Ventures India Ltd is 59.9.

What is the Book Value of Growington Ventures India Ltd?

The Book Value of Growington Ventures India Ltd is 1.21.

What is the Dividend Yield of Growington Ventures India Ltd?

The Dividend Yield of Growington Ventures India Ltd is 0.00 %.

What is the ROCE of Growington Ventures India Ltd?

The ROCE of Growington Ventures India Ltd is 11.7 %.

What is the ROE of Growington Ventures India Ltd?

The ROE of Growington Ventures India Ltd is 6.37 %.

What is the Face Value of Growington Ventures India Ltd?

The Face Value of Growington Ventures India Ltd is 1.00.