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Last Updated on: 15 October, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Gillanders Arbuthnot & Company Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: October 15, 2024, 11:29 pm

Market Cap 196 Cr.
Current Price 92.7
High / Low160/70.0
Stock P/E
Book Value 102
Dividend Yield0.00 %
ROCE8.24 %
ROE19.6 %
Face Value 10.0
PEG Ratio0.00

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

View Share Price Target for Gillanders Arbuthnot & Company Ltd

Competitors of Gillanders Arbuthnot & Company Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Industry Average0 Cr0000%0.59%0.49%0

All Competitor Stocks of Gillanders Arbuthnot & Company Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales10111271130114921251441037788105101
Expenses1051126710810299122119102949096126
Operating Profit-4-042212-73241-17-39-24
OPM %-4%-0%5%17%10%-8%2%17%1%-21%-3%9%-24%
Other Income-1313636213468528
Interest9766655444444
Depreciation4333333333333
Profit before tax-293-0168-127210-16-54-23
Tax %-0%12%-0%8%11%57%9%12%-51%34%-4%13%2%
Net Profit-292-0148-57181-11-54-22
EPS in Rs-13.711.16-0.026.653.53-2.523.198.480.35-5.07-2.461.71-10.47

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2006Mar 2007Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales324355863817681665751660431406449372
Expenses313333821812653615686632400377437407
Operating Profit122242528506528313012-35
OPM %4%6%5%1%4%7%9%4%7%7%3%-9%
Other Income1111912302112267173022
Interest91042515450504837231816
Depreciation8921192224202016121212
Profit before tax514-12-53-18-47-12-151112-40
Tax %7%21%27%-4%-4%-112%95%-22%-2%-42%-22%
Net Profit511-9-55-19-90-15-161615-35
EPS in Rs6.69-4.16-25.93-8.83-4.020.15-7.13-7.327.666.94-16.29
Dividend Payout %44%25%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2006-20072015-20162016-20172017-20182018-20192020-20212021-20222022-2023
YoY Net Profit Growth (%)120.00%-511.11%65.45%52.63%100.00%-6.67%200.00%-6.25%
Change in YoY Net Profit Growth (%)0.00%-631.11%576.57%-12.82%47.37%-106.67%206.67%-206.25%

Gillanders Arbuthnot & Company Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2006-2007 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:%
5 Years:-14%
3 Years:-6%
TTM:-12%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-2027%
Stock Price CAGR
10 Years:3%
5 Years:27%
3 Years:17%
1 Year:-1%
Return on Equity
10 Years:%
5 Years:-5%
3 Years:-4%
Last Year:-20%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

MonthMar 2006Mar 2007Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital111121212121212121212121
Reserves95107266155262271268255231248255196
Borrowings9491456480449424392366227183145129
Other Liabilities6172242209203225244214145144129130
Total Liabilities261281985865936942925857624597550477
Fixed Assets97112421310441432427421315312298263
CWIP131011491714151412119
Investments25132828293429178300
Other Assets126145525522457460454404287271241205
Total Assets261281985865936942925857624597550477

Reserves and Borrowings Chart

Cash Flow

MonthMar 2006Mar 2007Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 3542384047691027368694833
Cash from Investing Activity -22-31-44-841-14-181108-211-3
Cash from Financing Activity -15-1218-30-83-74-82-73-178-68-57-30
Net Cash Flow-2-11335-2011-2-12-0

Free Cash Flow

MonthMar 2006Mar 2007Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-82.00-69.00-414.00-475.00-421.00-374.00-327.00-338.00-196.00-153.00-133.00

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 2006Mar 2007Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days292656575453474554362129
Inventory Days116130135156207253219206240389287314
Days Payable999792112148180166164163220129164
Cash Conversion Cycle47599910111312610087130204179180
Working Capital Days64728899107907152821058564
ROCE %10%-0%1%6%8%4%4%7%4%-8%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters69.08%69.08%69.08%69.08%69.08%69.08%69.08%69.08%69.08%69.08%69.08%69.08%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.10%0.00%0.00%
DIIs2.96%1.69%1.36%1.33%0.82%0.64%0.32%0.31%0.31%0.31%0.31%0.31%
Government0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%
Public27.93%29.19%29.53%29.56%30.07%30.25%30.55%30.57%30.57%30.47%30.57%30.58%
No. of Shareholders9,7388,8478,8318,7919,1509,5539,5769,52810,51110,24010,19710,046

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-22.786.957.66-7.32-7.13
Diluted EPS (Rs.)-22.786.957.66-7.32-7.13
Cash EPS (Rs.)-17.2712.5513.490.192.08
Book Value[Excl.RevalReserv]/Share (Rs.)101.89129.69126.44118.37129.29
Book Value[Incl.RevalReserv]/Share (Rs.)101.89129.69126.44118.37129.29
Revenue From Operations / Share (Rs.)170.22210.39190.42201.83309.26
PBDIT / Share (Rs.)-9.3614.7822.1218.7021.23
PBIT / Share (Rs.)-14.879.1816.2911.1912.02
PBT / Share (Rs.)-21.565.715.38-7.15-5.85
Net Profit / Share (Rs.)-22.786.957.66-7.32-7.13
NP After MI And SOA / Share (Rs.)-22.786.957.66-7.32-7.13
PBDIT Margin (%)-5.507.0211.619.266.86
PBIT Margin (%)-8.734.368.555.543.88
PBT Margin (%)-12.662.712.82-3.54-1.89
Net Profit Margin (%)-13.383.304.02-3.62-2.30
NP After MI And SOA Margin (%)-13.383.304.02-3.62-2.30
Return on Networth / Equity (%)-22.355.356.05-6.18-5.51
Return on Capital Employeed (%)-12.436.069.996.966.28
Return On Assets (%)-10.192.692.73-2.50-1.77
Long Term Debt / Equity (X)0.080.090.210.300.40
Total Debt / Equity (X)0.530.470.630.731.06
Asset Turnover Ratio (%)0.700.780.640.560.74
Current Ratio (X)0.851.011.030.990.87
Quick Ratio (X)0.360.470.500.610.50
Inventory Turnover Ratio (X)0.520.780.950.571.13
Interest Coverage Ratio (X)-1.401.752.031.080.94
Interest Coverage Ratio (Post Tax) (X)-2.411.231.700.630.48
Enterprise Value (Cr.)282.86273.58318.10271.78307.23
EV / Net Operating Revenue (X)0.770.600.780.630.46
EV / EBITDA (X)-14.158.676.746.816.78
MarketCap / Net Operating Revenue (X)0.430.290.340.210.06
Price / BV (X)0.710.470.510.360.14
Price / Net Operating Revenue (X)0.430.290.340.210.06
EarningsYield-0.310.110.11-0.16-0.37

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Gillanders Arbuthnot & Company Ltd as of October 15, 2024 is: ₹305.88

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 October 15, 2024, Gillanders Arbuthnot & Company Ltd is Undervalued by 229.97% compared to the current share price ₹92.70

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Gillanders Arbuthnot & Company Ltd as of October 15, 2024 is: ₹192.39

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 October 15, 2024, Gillanders Arbuthnot & Company Ltd is Undervalued by 107.54% compared to the current share price ₹92.70

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -37.10%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
    1. The stock has a low average ROCE of 3.00%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 81.58, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 118.75, which may not be favorable.
    4. The company has higher borrowings (286.33) compared to reserves (217.42), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (564.50) and profit (-8.75).

    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 Gillanders Arbuthnot & Company Ltd:
      1. Net Profit Margin: -13.38%
        • 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: -12.43% (Industry Average ROCE: 0.59%)
        • 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%: -22.35% (Industry Average ROE: 0.49%)
        • 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): -2.41
        • 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: 0.36
        • 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: 0 (Industry average Stock P/E: 0)
        • 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: 0.53
        • 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

    Gillanders Arbuthnot & Company Ltd. is a Public Limited Listed company incorporated on 01/02/1935 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L51909WB1935PLC008194 and registration number is 008194. Currently Company is involved in the business activities of Growing of tea. Company’s Total Operating Revenue is Rs. 368.41 Cr. and Equity Capital is Rs. 21.34 Cr. for the Year ended 31/03/2022.
    INDUSTRYADDRESSCONTACT
    Plantations - Tea & CoffeeC-4, Gillander House, Netaji Subhas Road Kolkata West Bengal 700001gillander@gillandersarbuthnot.com
    http://www.gillandersarbuthnot.com
    Management
    NamePosition Held
    Mr. Arun Kumar KothariChairman
    Mr. Mahesh SodhaniManaging Director & CEO
    Mrs. Prabhawati Devi KothariNon Executive Director
    Mr. N PachisiaIndependent Director
    Mr. Arvind BahetiIndependent Director
    Mr. Charudatta Raghvendra PrayagIndependent Director
    Mr. Kothaneth AshokIndependent Director

    FAQ

    What is the latest fair value of Gillanders Arbuthnot & Company Ltd?

    The latest fair value of Gillanders Arbuthnot & Company Ltd is ₹305.88.

    What is the Market Cap of Gillanders Arbuthnot & Company Ltd?

    The Market Cap of Gillanders Arbuthnot & Company Ltd is 196 Cr..

    What is the current Stock Price of Gillanders Arbuthnot & Company Ltd as on 15 October 2024?

    The current stock price of Gillanders Arbuthnot & Company Ltd as on 15 October 2024 is ₹92.7.

    What is the High / Low of Gillanders Arbuthnot & Company Ltd stocks in FY 2024?

    In FY 2024, the High / Low of Gillanders Arbuthnot & Company Ltd stocks is 160/70.0.

    What is the Stock P/E of Gillanders Arbuthnot & Company Ltd?

    The Stock P/E of Gillanders Arbuthnot & Company Ltd is .

    What is the Book Value of Gillanders Arbuthnot & Company Ltd?

    The Book Value of Gillanders Arbuthnot & Company Ltd is 102.

    What is the Dividend Yield of Gillanders Arbuthnot & Company Ltd?

    The Dividend Yield of Gillanders Arbuthnot & Company Ltd is 0.00 %.

    What is the ROCE of Gillanders Arbuthnot & Company Ltd?

    The ROCE of Gillanders Arbuthnot & Company Ltd is 8.24 %.

    What is the ROE of Gillanders Arbuthnot & Company Ltd?

    The ROE of Gillanders Arbuthnot & Company Ltd is 19.6 %.

    What is the Face Value of Gillanders Arbuthnot & Company Ltd?

    The Face Value of Gillanders Arbuthnot & Company Ltd is 10.0.

    About the Author

    Author Avatar
    Getaka

    Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

    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 Gillanders Arbuthnot & Company 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