Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 4:40 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 504028 | NSE: GEE

GEE Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹21.68Overvalued by 63.13%vs CMP ₹58.80

P/E (15.0) × ROE (4.7%) × BV (₹38.10) × DY (2.00%)

Defaults: P/E=15

₹30.73Overvalued by 47.74%vs CMP ₹58.80
MoS: -91.3% (Negative)Confidence: 44/100 (Low)Models: 1 Fair, 3 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹15.7341%Over (-73.2%)
Net Asset ValueAssets₹38.0524%Over (-35.3%)
ROCE CapitalReturns₹55.7116%Fair (-5.3%)
Revenue MultipleRevenue₹32.0918%Over (-45.4%)
Consensus (4 models)₹30.73100%Overvalued
Key Drivers: EPS CAGR -27.5% drags value — could be higher if earnings stabilize. | ROE 4.7% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -27.5% · Defaults: P/E=15

*Investments are subject to market risks

Investment Snapshot

46
GEE Ltd scores 46/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health49/100 · Moderate
ROCE 1.1% WeakROE 4.7% WeakD/E 0.64 ModerateInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 64.0% Stable
Earnings Quality50/100 · Moderate
OPM contracting (8% → 4%) DecliningWorking capital: 28 days (improving) Efficient
Quarterly Momentum50/100 · Moderate
Revenue (4Q): 2% YoY FlatProfit (4Q): -184% YoY DecliningOPM: 9.5% (up 3.4% YoY) Margin expansion
Industry Rank25/100 · Weak
ROCE 1.1% vs industry 26.2% Below peersROE 4.7% vs industry 20.6% Below peers3Y sales CAGR: 1% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:40 am

Market Cap 306 Cr.
Current Price 58.8
Intrinsic Value₹30.73
High / Low 97.9/53.6
Stock P/E
Book Value 38.1
Dividend Yield0.00 %
ROCE1.09 %
ROE4.65 %
Face Value 2.00
PEG Ratio0.00

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

View Share Price Target for GEE Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
GEE Ltd 306 Cr. 58.8 97.9/53.6 38.10.00 %1.09 %4.65 % 2.00
D&H India Ltd 295 Cr. 289 300/11340.1 48.90.00 %13.5 %11.6 % 10.0
Ador Welding Ltd 1,555 Cr. 893 1,260/78821.9 2832.24 %20.3 %13.9 % 10.0
Esab India Ltd 7,868 Cr. 5,111 6,425/4,13040.2 2711.27 %70.0 %52.3 % 10.0
Industry Average2,506.00 Cr1,587.9534.07160.250.88%26.22%20.61%8.00

All Competitor Stocks of GEE Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 105.4899.5595.1397.4984.6191.9182.0982.8380.9587.9779.1885.4592.35
Expenses 98.4498.4588.5087.7375.7787.6175.6077.2676.04104.1274.6476.4683.61
Operating Profit 7.041.106.639.768.844.306.495.574.91-16.154.548.998.74
OPM % 6.67%1.10%6.97%10.01%10.45%4.68%7.91%6.72%6.07%-18.36%5.73%10.52%9.46%
Other Income 0.640.330.080.130.050.470.040.250.11-0.120.020.030.02
Interest 2.093.601.721.653.001.801.992.242.262.422.242.382.02
Depreciation 1.171.071.021.021.020.961.021.021.031.091.021.021.03
Profit before tax 4.42-3.243.977.224.872.013.522.561.73-19.781.305.625.71
Tax % 34.39%-26.85%25.19%25.21%25.26%58.21%25.28%25.00%25.43%-23.71%25.38%25.27%25.22%
Net Profit 2.89-2.382.975.403.640.842.641.911.29-15.080.984.214.27
EPS in Rs 0.56-0.460.571.040.700.160.510.370.25-2.900.190.810.82

Last Updated: February 1, 2026, 8:46 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 5:45 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 167180190199216274271253324396369334345
Expenses 151166175185203260251227296372340333339
Operating Profit 161514141315202628233016
OPM % 10%8%8%7%6%5%8%10%9%6%8%0%2%
Other Income 013011121110-0
Interest 7775577569899
Depreciation 3433444444444
Profit before tax 6476551118201218-12-7
Tax % 32%46%37%39%31%42%8%29%23%26%29%-23%
Net Profit 425333101315913-9-6
EPS in Rs 0.820.460.880.670.660.531.882.432.901.642.47-1.78-1.08
Dividend Payout % 17%30%16%0%21%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-50.00%150.00%-40.00%0.00%0.00%233.33%30.00%15.38%-40.00%44.44%-169.23%
Change in YoY Net Profit Growth (%)0.00%200.00%-190.00%40.00%0.00%233.33%-203.33%-14.62%-55.38%84.44%-213.68%

GEE Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:6%
5 Years:4%
3 Years:1%
TTM:-7%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-187%
Stock Price CAGR
10 Years:24%
5 Years:48%
3 Years:23%
1 Year:2%
Return on Equity
10 Years:4%
5 Years:4%
3 Years:2%
Last Year:-5%

Last Updated: September 5, 2025, 3:31 pm

Balance Sheet

Last Updated: December 4, 2025, 2:56 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 55555555555510
Reserves 525458138142144154166181188199188188
Borrowings 47534348566559607787828179
Other Liabilities 17253726253637333539383639
Total Liabilities 122137142217227250254264298320324311316
Fixed Assets 504847130130131128137147143171167168
CWIP 0110122100000
Investments 3330000000000
Other Assets 6986928896118124126150176152144148
Total Assets 122137142217227250254264298320324311316

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 12517513256314514
Cash from Investing Activity + 1-3-1-4-4-5-4-10-14-1-34-5
Cash from Financing Activity + -13-1-14-122-13-4112-13-9
Net Cash Flow 0110-1-08-8-01-2-0
Free Cash Flow 123141-3-3235-4-01112
CFO/OP 80%43%133%50%21%31%131%43%28%25%166%1,959%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-31.00-38.00-29.00-34.00-43.00-50.00-39.00-34.00-49.00-64.00-52.00-80.00

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

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 587065716870758462675048
Inventory Days 899910892948980102106109120110
Days Payable 203857454046514732333234
Cash Conversion Cycle 127131116118122113104139137143139125
Working Capital Days 423923253632265553523928
ROCE %13%11%13%7%5%6%8%10%10%8%9%-1%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 63.97%63.97%63.97%63.97%63.97%63.97%63.97%63.97%63.97%63.97%63.97%63.97%
FIIs 0.03%0.00%0.98%0.98%1.17%1.17%1.37%1.37%1.37%1.37%1.37%1.37%
DIIs 0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.16%0.16%0.16%0.16%0.00%
Public 36.01%36.03%35.05%35.05%34.87%34.85%34.66%34.51%34.51%34.52%34.51%34.66%
No. of Shareholders 6,3396,4365,8675,8075,2805,1074,6944,6934,6374,5595,3545,336

Shareholding Pattern Chart

No. of Shareholders

GEE Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) -3.564.953.275.805.36
Diluted EPS (Rs.) -3.564.953.275.805.36
Cash EPS (Rs.) -1.966.494.897.407.10
Book Value[Excl.RevalReserv]/Share (Rs.) 46.9950.5245.5841.5939.35
Book Value[Incl.RevalReserv]/Share (Rs.) 74.4778.6174.2671.5272.28
Revenue From Operations / Share (Rs.) 128.45142.04152.24124.44106.91
PBDIT / Share (Rs.) 0.4211.649.5011.3511.47
PBIT / Share (Rs.) -1.1810.097.889.759.73
PBT / Share (Rs.) -4.606.954.447.557.51
Net Profit / Share (Rs.) -3.564.953.275.805.36
PBDIT Margin (%) 0.328.196.249.1210.72
PBIT Margin (%) -0.917.105.177.839.10
PBT Margin (%) -3.584.892.916.067.02
Net Profit Margin (%) -2.763.482.154.665.01
Return on Networth / Equity (%) -7.569.797.1813.9413.61
Return on Capital Employeed (%) -1.4912.049.8612.5812.56
Return On Assets (%) -2.963.972.665.074.80
Long Term Debt / Equity (X) 0.080.080.090.110.08
Total Debt / Equity (X) 0.660.620.730.710.64
Asset Turnover Ratio (%) 1.051.151.281.150.97
Current Ratio (X) 1.271.381.521.531.50
Quick Ratio (X) 0.530.530.740.780.89
Inventory Turnover Ratio (X) 3.954.183.874.284.11
Interest Coverage Ratio (X) 0.123.702.765.155.16
Interest Coverage Ratio (Post Tax) (X) -0.032.571.953.633.41
Enterprise Value (Cr.) 378.89421.33253.79240.63149.68
EV / Net Operating Revenue (X) 1.131.140.640.740.59
EV / EBITDA (X) 344.1113.9310.288.165.52
MarketCap / Net Operating Revenue (X) 0.900.920.420.500.36
Price / BV (X) 2.472.591.431.530.98
Price / Net Operating Revenue (X) 0.900.920.420.500.36
EarningsYield -0.030.030.050.090.13

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

GEE Ltd. is a Public Limited Listed company incorporated on 24/11/1960 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L99999MH1960PLC011879 and registration number is 011879. Currently company belongs to the Industry of Welding Equipments. Company's Total Operating Revenue is Rs. 333.84 Cr. and Equity Capital is Rs. 5.20 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Welding EquipmentsPlot No. E-1, Road No.7, Thane Maharashtra 400604Contact not found
Management
NamePosition Held
Mr. Shankarlal AgarwaiWhole Time Director
Mr. Sanwarmal AgarwalManaging & Executive Director
Mr. Umesh Ramkrishan AgarwalJoint Managing Director
Mr. Omprakash AgarwalJoint Managing Director
Mr. Vinod AggarwalInd. Non-Executive Director
Mr. Milind Bharath ParekhInd. Non-Executive Director
Mr. Sujit SenInd. Non-Executive Director
Mr. Amit AgarwalInd. Non-Executive Director
Mrs. Neelam TaterIndependent Director
Mrs. Vineeta AgrawalInd. Non-Executive Director
Mr. Pradip Kumar DasInd. Non-Executive Director

FAQ

What is the intrinsic value of GEE Ltd and is it undervalued?

As of 12 April 2026, GEE Ltd's intrinsic value is ₹30.73, which is 47.74% lower than the current market price of ₹58.80, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (4.65 %), book value (₹38.1), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of GEE Ltd?

GEE Ltd is trading at ₹58.80 as of 12 April 2026, with a FY2026-2027 high of ₹97.9 and low of ₹53.6. The stock is currently near its 52-week low. Market cap stands at ₹306 Cr..

How does GEE Ltd's P/E ratio compare to its industry?

GEE Ltd has a P/E ratio of , which is below the industry average of 34.07. This is broadly in line with or below the industry average.

Is GEE Ltd financially healthy?

Key indicators for GEE Ltd: ROCE of 1.09 % is on the lower side compared to the industry average of 26.22%; ROE of 4.65 % is below ideal levels (industry average: 20.61%). Dividend yield is 0.00 %.

Is GEE Ltd profitable and how is the profit trend?

GEE Ltd reported a net profit of ₹-9 Cr in Mar 2025 on revenue of ₹334 Cr. Compared to ₹15 Cr in Mar 2022, the net profit shows a declining trend.

Does GEE Ltd pay dividends?

GEE Ltd has a dividend yield of 0.00 % at the current price of ₹58.80. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in GEE Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports