Share Price and Basic Stock Data

Last Updated: November 16, 2024, 10:43 am

Market Cap	158 Cr.
Current Price	505
High / Low	640/344
Stock P/E	24.1
Book Value	125
Dividend Yield	0.00 %
ROCE	12.7 %
ROE	13.5 %
Face Value	10.0
PEG Ratio	0.39

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for GTV Engineering Ltd

Competitors of GTV Engineering Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Hittco Tools Ltd	8.62 Cr.	14.0	16.0/9.53		4.59	0.00 %	7.27 %	5.66 %	10.0
Harshil Agrotech Ltd	667 Cr.	13.1	13.7/0.29	112	1.20	0.00 %	16.4 %	13.5 %	1.00
Gujarat Toolroom Ltd	202 Cr.	12.6	45.9/10.8	1.72	14.8	7.91 %	179 %	170 %	1.00
GTV Engineering Ltd	158 Cr.	505	640/344	24.1	125	0.00 %	12.7 %	13.5 %	10.0
Galaxy Agrico Exports Ltd	16.6 Cr.	60.8	68.2/27.2	184	15.7	0.00 %	33.5 %	44.8 %	10.0
Industry Average	3,493.78	N/A		32.63	N/A	N/A	27.38	20.44	N/A

All Competitor Stocks of GTV Engineering Ltd

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	12.80	21.54	27.19	15.90	26.34	21.57	20.40	27.76	18.86	44.63	25.06	32.07	32.68
Expenses	12.44	21.03	26.54	15.95	28.20	20.96	19.77	24.56	18.53	43.43	22.27	30.96	30.54
Operating Profit	0.36	0.51	0.65	-0.05	-1.86	0.61	0.63	3.20	0.33	1.20	2.79	1.11	2.14
OPM %	2.81%	2.37%	2.39%	-0.31%	-7.06%	2.83%	3.09%	11.53%	1.75%	2.69%	11.13%	3.46%	6.55%
Other Income	0.02	0.06	0.00	0.89	2.30	0.00	0.00	0.85	0.40	0.01	0.03	2.01	0.00
Interest	0.02	0.06	0.09	0.05	0.03	0.04	0.07	0.09	0.06	0.03	0.05	0.05	0.09
Depreciation	0.25	0.25	0.25	0.20	0.26	0.25	0.25	0.08	0.22	0.24	0.17	0.26	0.22
Profit before tax	0.11	0.26	0.31	0.59	0.15	0.32	0.31	3.88	0.45	0.94	2.60	2.81	1.83
Tax %	0.00%	0.00%	6.45%	57.63%	0.00%	0.00%	0.00%	14.69%	0.00%	0.00%	35.00%	17.44%	24.59%
Net Profit	0.11	0.26	0.28	0.26	0.15	0.32	0.31	3.31	0.44	0.94	1.70	2.33	1.37
EPS in Rs	0.35	0.83	0.90	0.83	0.48	1.02	0.99	10.60	1.41	3.01	5.44	7.46	4.39

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:19 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	28	33	28	44	50	69	64	57	77	96	120	134
Expenses	27	32	26	43	49	68	63	56	76	93	115	127
Operating Profit	1	2	2	1	1	2	1	1	1	3	5	7
OPM %	4%	4%	6%	3%	3%	2%	2%	2%	2%	3%	5%	5%
Other Income	0	0	0	0	1	1	1	1	1	3	2	2
Interest	0	1	1	0	0	1	1	0	0	0	0	0
Depreciation	1	1	1	1	1	1	1	1	1	1	1	1
Profit before tax	0	1	0	1	1	1	1	1	1	5	7	8
Tax %	17%	29%	33%	32%	27%	23%	22%	34%	28%	12%	20%
Net Profit	0	0	0	0	1	1	1	1	1	4	5	6
EPS in Rs			1.02	1.25	1.86	2.66	2.59	1.82	2.95	13.12	17.32	20.30
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	0.00%	0.00%	0.00%	0.00%	300.00%	25.00%
Change in YoY Net Profit Growth (%)	0.00%	0.00%	0.00%	0.00%	300.00%	-275.00%

GTV Engineering Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2018-2019 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	16%
5 Years:	12%
3 Years:	28%
TTM:	2%

Compounded Profit Growth
10 Years:	48%
5 Years:	40%
3 Years:	100%
TTM:	31%

Stock Price CAGR
10 Years:	%
5 Years:	118%
3 Years:	175%
1 Year:	47%

Return on Equity
10 Years:	4%
5 Years:	6%
3 Years:	8%
Last Year:	13%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 2:36 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	3	3	3	3	3	3	3	3	3	3	3	3
Reserves	21	19	20	20	21	21	22	23	24	28	33	36
Borrowings	4	5	5	9	9	7	5	7	6	8	18	6
Other Liabilities	21	12	9	13	12	22	28	18	14	18	22	20
Total Liabilities	49	39	36	45	45	54	58	50	47	57	76	65
Fixed Assets	12	10	9	11	11	14	14	13	12	13	13	13
CWIP	0	0	0	0	0	0	0	0	0	0	0	0
Investments	8	8	8	8	8	8	8	8	8	9	8	8
Other Assets	28	21	19	25	25	31	35	29	26	35	54	44
Total Assets	49	39	36	45	45	54	58	50	47	57	76	65

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-1	-0	1	-1	-0	4	2	5	-7	-0	5
Cash from Investing Activity +	-0	-0	-1	3	0	-2	-3	-2	1	-0	1
Cash from Financing Activity +	1	1	0	-1	-0	-3	1	4	-1	1	9
Net Cash Flow	0	0	1	1	-0	-1	-0	7	-7	0	15

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-3.00	-3.00	-3.00	-8.00	-8.00	-5.00	-4.00	-6.00	-5.00	-5.00	-13.00

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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	117	51	73	18	54	35	57	60	8	68	44
Inventory Days	188	60	140	62	68	65	70	54	64	33	20
Days Payable	58	47	28	76	40	88	53	46	18	7	4
Cash Conversion Cycle	246	65	186	4	82	12	74	68	55	94	59
Working Capital Days	145	128	98	76	73	37	33	12	48	56	45
ROCE %		4%	4%	4%	4%	5%	6%	3%	3%	7%	13%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	67.48%	67.48%	67.48%	67.48%	67.48%	67.48%	67.48%	67.48%	67.48%	67.48%	67.48%	67.48%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.06%	0.06%
Public	32.52%	32.52%	32.52%	32.52%	32.51%	32.52%	32.52%	32.51%	32.51%	32.52%	32.45%	32.46%
No. of Shareholders	873	1,138	1,140	1,277	1,447	1,348	1,458	1,497	1,555	1,706	1,790	1,958

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	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	17.31	13.00	3.00	1.84	2.63
Diluted EPS (Rs.)	17.31	13.00	3.00	1.84	2.63
Cash EPS (Rs.)	20.17	15.77	5.98	5.03	5.68
Book Value[Excl.RevalReserv]/Share (Rs.)	116.45	99.13	86.01	83.08	81.24
Book Value[Incl.RevalReserv]/Share (Rs.)	116.45	99.13	86.01	83.08	81.24
Revenue From Operations / Share (Rs.)	386.13	307.55	247.84	183.77	206.34
PBDIT / Share (Rs.)	25.25	18.30	7.83	6.41	7.85
PBIT / Share (Rs.)	22.38	15.66	4.78	3.22	4.81
PBT / Share (Rs.)	21.77	14.94	4.08	2.79	3.33
Net Profit / Share (Rs.)	17.31	13.12	2.93	1.84	2.63
PBDIT Margin (%)	6.53	5.95	3.15	3.48	3.80
PBIT Margin (%)	5.79	5.09	1.92	1.75	2.32
PBT Margin (%)	5.63	4.85	1.64	1.51	1.61
Net Profit Margin (%)	4.48	4.26	1.18	1.00	1.27
Return on Networth / Equity (%)	14.86	13.23	3.40	2.21	3.24
Return on Capital Employeed (%)	18.97	15.05	5.52	3.81	5.36
Return On Assets (%)	7.13	7.19	1.94	1.14	1.42
Long Term Debt / Equity (X)	0.01	0.00	0.00	0.01	0.10
Total Debt / Equity (X)	0.48	0.20	0.22	0.25	0.19
Asset Turnover Ratio (%)	1.82	1.85	1.59	1.06	1.15
Current Ratio (X)	1.39	1.45	1.31	1.20	1.18
Quick Ratio (X)	1.24	1.13	0.69	0.88	0.82
Inventory Turnover Ratio (X)	15.88	8.03	7.42	5.37	5.33
Interest Coverage Ratio (X)	40.82	25.47	11.21	14.83	5.34
Interest Coverage Ratio (Post Tax) (X)	28.99	19.26	5.20	5.25	2.79
Enterprise Value (Cr.)	143.42	77.34	44.90	5.72	12.13
EV / Net Operating Revenue (X)	1.19	0.80	0.57	0.09	0.18
EV / EBITDA (X)	18.18	13.52	18.36	2.86	4.94
MarketCap / Net Operating Revenue (X)	1.19	0.76	0.52	0.14	0.14
Price / BV (X)	3.94	2.37	1.52	0.31	0.36
Price / Net Operating Revenue (X)	1.19	0.76	0.52	0.14	0.14
EarningsYield	0.03	0.05	0.02	0.07	0.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of GTV Engineering Ltd as of November 17, 2024 is: 414.82

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 17, 2024, GTV Engineering Ltd is Overvalued by 17.86% compared to the current share price 505.00

Intrinsic Value of GTV Engineering Ltd as of November 17, 2024 is: 671.96

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 17, 2024, GTV Engineering Ltd is Undervalued by 33.06% compared to the current share price 505.00

Last 5 Year EPS CAGR: 61.99%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (24.00 cr) compared to borrowings (7.42 cr), indicating strong financial stability. The company has shown consistent growth in sales (66.67 cr) and profit (2.25 cr) over the years.	The stock has a low average ROCE of 4.82%, which may not be favorable. The stock has a high average Working Capital Days of 68.27, which may not be favorable. The stock has a high average Cash Conversion Cycle of 85.91, 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 GTV Engineering Ltd:
1. Net Profit Margin: 4.48%
  - 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: 18.97% (Industry Average ROCE: 27.38%)
  - 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%: 14.86% (Industry Average ROE: 20.44%)
  - 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): 28.99
  - 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: 1.24
  - 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: 24.1 (Industry average Stock P/E: 32.63)
  - 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: 0.48
  - 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

GTV Engineering Ltd. is a Public Limited Listed company incorporated on 04/12/1990 and has its registered office in the State of Madhya Pradesh, India. Company’s Corporate Identification Number(CIN) is L31102MP1990PLC006122 and registration number is 006122. Currently Company is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 77.42 Cr. and Equity Capital is Rs. 3.12 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Engineering - General	216-217-218, New Industrial Area-II, Mandideep Madhya Pradesh 462046	mail@gtv.co.in http://www.gtv.co.in

Management
Name	Position Held
Mr. Mahesh Agrawal	Chairman & Managing Director
Mrs. Darshana Agrawal	Whole Time Director
Mr. Gaurav Agrawal	Executive Director
Mr. Rahul Gupta	Ind. Non-Executive Director
Mr. Sham Sarup Kohli	Ind. Non-Executive Director
Mr. Mahesh Kumar Yadav	Ind. Non-Executive Director

FAQ

What is the latest intrinsic value of GTV Engineering Ltd?

The latest intrinsic value of GTV Engineering Ltd as on 17 November 2024 is ₹414.82, which is 17.86% lower than the current market price of ₹505.00.

What is the Market Cap of GTV Engineering Ltd?

The Market Cap of GTV Engineering Ltd is 158 Cr..

What is the current Stock Price of GTV Engineering Ltd as on 17 November 2024?

The current stock price of GTV Engineering Ltd as on 17 November 2024 is ₹505.

What is the High / Low of GTV Engineering Ltd stocks in FY 2024?

In FY 2024, the High / Low of GTV Engineering Ltd stocks is 640/344.

What is the Stock P/E of GTV Engineering Ltd?

The Stock P/E of GTV Engineering Ltd is 24.1.

What is the Book Value of GTV Engineering Ltd?

The Book Value of GTV Engineering Ltd is 125.

What is the Dividend Yield of GTV Engineering Ltd?

The Dividend Yield of GTV Engineering Ltd is 0.00 %.

What is the ROCE of GTV Engineering Ltd?

The ROCE of GTV Engineering Ltd is 12.7 %.

What is the ROE of GTV Engineering Ltd?

The ROE of GTV Engineering Ltd is 13.5 %.

What is the Face Value of GTV Engineering Ltd?

The Face Value of GTV Engineering Ltd is 10.0.