Golden Tobacco Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 1:57 pm

Market Cap	68.0 Cr.
Current Price	38.6
High / Low	59.0/35.1
Stock P/E	12.8
Book Value	117
Dividend Yield	0.00 %
ROCE	%
ROE	%
Face Value	10.0
PEG Ratio	0.22

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Golden Tobacco Ltd

Competitors of Golden Tobacco Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Hampton Sky Realty Ltd	669 Cr.	24.4	42.0/22.4	28.0	5.74	0.00 %	15.7 %	10.6 %	1.00
Grovy India Ltd	66.8 Cr.	50.1	98.2/22.6	41.0	13.9	0.05 %	5.79 %	5.27 %	10.0
Gothi Plascon (India) Ltd	43.3 Cr.	42.4	46.7/32.2	28.5	12.4	4.71 %	17.8 %	12.9 %	10.0
Generic Engineering Construction & Projects Ltd	164 Cr.	28.7	71.0/24.6	16.0	48.5	0.00 %	6.61 %	4.33 %	5.00
Garnet Construction Ltd	36.5 Cr.	26.2	57.2/20.6	6.86	73.3	0.00 %	4.51 %	3.13 %	10.0
Industry Average	17,902.63 Cr	418.95		47.51	132.01	0.65%	10.29%	8.69%	6.13

All Competitor Stocks of Golden Tobacco Ltd

Quarterly Result

Metric	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021
Sales	56.36	6.52	6.81	7.92	2.66	6.03	0.18	10.98	4.65	25.98	0.90	1.98	3.80
Expenses	11.94	11.66	9.09	11.93	8.78	7.52	3.26	10.32	4.12	12.70	4.11	3.77	4.21
Operating Profit	44.42	-5.14	-2.28	-4.01	-6.12	-1.49	-3.08	0.66	0.53	13.28	-3.21	-1.79	-0.41
OPM %	78.81%	-78.83%	-33.48%	-50.63%	-230.08%	-24.71%	-1,711.11%	6.01%	11.40%	51.12%	-356.67%	-90.40%	-10.79%
Other Income	-8.76	18.70	0.34	0.16	22.65	0.37	0.08	2.70	0.08	-1.90	0.76	5.43	0.03
Interest	5.43	0.69	3.26	4.02	2.31	1.23	1.10	1.15	1.03	0.96	0.99	1.18	1.03
Depreciation	0.16	0.16	0.27	0.22	0.27	0.25	0.11	0.12	0.12	0.12	0.11	0.14	0.14
Profit before tax	30.07	12.71	-5.47	-8.09	13.95	-2.60	-4.21	2.09	-0.54	10.30	-3.55	2.32	-1.55
Tax %	0.00%	5.04%	0.00%	-7.91%	0.00%	0.77%	0.00%	0.00%	0.00%	0.00%	0.00%	26.29%	0.00%
Net Profit	30.08	12.08	-5.47	-7.45	13.95	-2.62	-4.21	2.08	-0.54	10.30	-3.55	1.72	-1.55
EPS in Rs	17.08	6.86	-3.11	-4.23	7.92	-1.49	-2.39	1.18	-0.31	5.85	-2.02	0.98	-0.88

Last Updated: February 28, 2025, 7:45 pm

Below is a detailed analysis of the quarterly data for Golden Tobacco Ltd based on the most recent figures (Dec 2021) and their trends compared to the previous period:

For Sales, as of Dec 2021, the value is ₹3.80 Cr.. The value appears strong and on an upward trend. It has increased from 1.98 Cr. (Sep 2021) to ₹3.80 Cr., marking an increase of ₹1.82 Cr..
For Expenses, as of Dec 2021, the value is ₹4.21 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.77 Cr. (Sep 2021) to ₹4.21 Cr., marking an increase of ₹0.44 Cr..
For Operating Profit, as of Dec 2021, the value is ₹-0.41 Cr.. The value appears strong and on an upward trend. It has increased from -1.79 Cr. (Sep 2021) to ₹-0.41 Cr., marking an increase of ₹1.38 Cr..
For OPM %, as of Dec 2021, the value is -10.79%. The value appears strong and on an upward trend. It has increased from -90.40% (Sep 2021) to -10.79%, marking an increase of 79.61%.
For Other Income, as of Dec 2021, the value is ₹0.03 Cr.. The value appears to be declining and may need further review. It has decreased from 5.43 Cr. (Sep 2021) to ₹0.03 Cr., marking a decrease of 5.40 Cr..
For Interest, as of Dec 2021, the value is ₹1.03 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.18 Cr. (Sep 2021) to ₹1.03 Cr., marking a decrease of 0.15 Cr..
For Depreciation, as of Dec 2021, the value is ₹0.14 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2021) which recorded 0.14 Cr..
For Profit before tax, as of Dec 2021, the value is ₹-1.55 Cr.. The value appears to be declining and may need further review. It has decreased from 2.32 Cr. (Sep 2021) to ₹-1.55 Cr., marking a decrease of 3.87 Cr..
For Tax %, as of Dec 2021, the value is 0.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.29% (Sep 2021) to 0.00%, marking a decrease of 26.29%.
For Net Profit, as of Dec 2021, the value is ₹-1.55 Cr.. The value appears to be declining and may need further review. It has decreased from 1.72 Cr. (Sep 2021) to ₹-1.55 Cr., marking a decrease of 3.27 Cr..
For EPS in Rs, as of Dec 2021, the value is -0.88. The value appears to be declining and may need further review. It has decreased from ₹0.98 (Sep 2021) to -0.88, marking a decrease of ₹1.86.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:11 pm

Metric	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	TTM
Sales	86.47	96.08	71.34	68.90	70.29	51.59	44.73	36.96	81.92	76.08	23.42	41.79	32.66
Expenses	115.49	130.04	77.40	83.65	71.27	59.40	56.97	53.66	71.33	41.36	37.29	30.36	24.79
Operating Profit	-29.02	-33.96	-6.06	-14.75	-0.98	-7.81	-12.24	-16.70	10.59	34.72	-13.87	11.43	7.87
OPM %	-33.56%	-35.35%	-8.49%	-21.41%	-1.39%	-15.14%	-27.36%	-45.18%	12.93%	45.64%	-59.22%	27.35%	24.10%
Other Income	32.86	18.26	0.75	-4.27	13.68	1.25	1.30	15.62	11.10	9.80	23.52	0.95	4.32
Interest	13.48	16.87	28.45	53.35	45.99	25.43	24.71	27.45	24.55	15.99	10.85	4.28	4.16
Depreciation	2.03	1.53	1.05	1.25	1.09	1.21	1.04	0.87	0.75	0.62	1.01	0.47	0.51
Profit before tax	-11.67	-34.10	-34.81	-73.62	-34.38	-33.20	-36.69	-29.40	-3.61	27.91	-2.21	7.63	7.52
Tax %	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	124.10%	2.29%	-28.05%	0.00%
Net Profit	-11.71	-34.10	-34.81	-73.62	-34.37	-33.20	-36.69	-29.40	-8.09	27.26	-1.59	7.63	6.92
EPS in Rs	-6.65	-19.37	-19.77	-41.81	-19.52	-17.58	-20.84	-16.70	-4.59	15.48	-0.90	4.33	3.93
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2010-2011	2011-2012	2012-2013	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021
YoY Net Profit Growth (%)	-191.20%	-2.08%	-111.49%	53.31%	3.40%	-10.51%	19.87%	72.48%	436.96%	-105.83%	579.87%
Change in YoY Net Profit Growth (%)	0.00%	189.12%	-109.41%	164.81%	-49.91%	-13.92%	30.38%	52.61%	364.48%	-542.79%	685.71%

Golden Tobacco Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2010-2011 to 2020-2021.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: February 12, 2025, 3:42 pm

Month	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Sep 2021
Equity Capital	17.59	17.59	17.59	17.59	17.59	17.59	17.59	17.59	17.59	17.59	17.59	17.59	17.59
Reserves	27.21	-8.01	-43.14	-116.99	-151.60	-186.84	-223.41	-242.47	-252.51	-225.54	-231.61	-221.52	-222.85
Borrowings	97.76	143.40	356.66	351.61	168.55	59.92	48.95	47.40	0.00	0.00	2.00	2.00	2.33
Other Liabilities	140.42	209.89	227.84	278.49	404.70	456.77	455.75	488.10	502.04	401.60	386.37	350.54	351.63
Total Liabilities	282.98	362.87	558.95	530.70	439.24	347.44	298.88	310.62	267.12	193.65	174.35	148.61	148.70
Fixed Assets	26.60	25.04	26.97	26.09	25.06	19.71	18.93	18.07	15.78	15.15	8.38	7.93	7.38
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.20	0.32	0.00	0.00	0.00
Investments	6.29	6.29	6.29	6.29	6.29	6.29	6.29	12.12	11.72	11.38	2.26	1.19	1.70
Other Assets	250.09	331.54	525.69	498.32	407.89	321.44	273.66	280.43	239.42	166.80	163.71	139.49	139.62
Total Assets	282.98	362.87	558.95	530.70	439.24	347.44	298.88	310.62	267.12	193.65	174.35	148.61	148.70

Below is a detailed analysis of the balance sheet data for Golden Tobacco Ltd based on the most recent figures (Sep 2021) and their trends compared to the previous period:

For Equity Capital, as of Sep 2021, the value is ₹17.59 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2021) which recorded ₹17.59 Cr..
For Reserves, as of Sep 2021, the value is ₹-222.85 Cr.. The value appears to be worsening (becoming more negative). It has deteriorated from ₹-221.52 Cr. (Mar 2021) to ₹-222.85 Cr., marking a decline of 1.33 Cr..
For Borrowings, as of Sep 2021, the value is ₹2.33 Cr.. The value appears to be increasing, which may not be favorable. However, Reserves are negative, which is a major warning sign. It has increased from ₹2.00 Cr. (Mar 2021) to ₹2.33 Cr., marking an increase of 0.33 Cr..
For Other Liabilities, as of Sep 2021, the value is ₹351.63 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹350.54 Cr. (Mar 2021) to ₹351.63 Cr., marking an increase of 1.09 Cr..
For Total Liabilities, as of Sep 2021, the value is ₹148.70 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹148.61 Cr. (Mar 2021) to ₹148.70 Cr., marking an increase of 0.09 Cr..
For Fixed Assets, as of Sep 2021, the value is ₹7.38 Cr.. The value appears to be declining and may need further review. It has decreased from ₹7.93 Cr. (Mar 2021) to ₹7.38 Cr., marking a decrease of 0.55 Cr..
For CWIP, as of Sep 2021, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2021) which recorded ₹0.00 Cr..
For Investments, as of Sep 2021, the value is ₹1.70 Cr.. The value appears strong and on an upward trend. It has increased from ₹1.19 Cr. (Mar 2021) to ₹1.70 Cr., marking an increase of 0.51 Cr..
For Other Assets, as of Sep 2021, the value is ₹139.62 Cr.. The value appears strong and on an upward trend. It has increased from ₹139.49 Cr. (Mar 2021) to ₹139.62 Cr., marking an increase of 0.13 Cr..
For Total Assets, as of Sep 2021, the value is ₹148.70 Cr.. The value appears strong and on an upward trend. It has increased from ₹148.61 Cr. (Mar 2021) to ₹148.70 Cr., marking an increase of 0.09 Cr..

However, the Borrowings (2.33 Cr.) are higher than the Reserves (₹-222.85 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

No data available for this post.

Free Cash Flow

Month	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Free Cash Flow	-126.78	-177.36	-362.72	-366.36	-169.53	-67.73	-61.19	-64.10	10.59	34.72	-15.87	9.43

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 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Debtor Days	44.03	63.25	73.42	50.91	50.94	49.45	72.79	85.72	42.91	37.33	46.75	2.62
Inventory Days	724.15	704.85	771.96	1,050.47	784.73	1,091.48	964.72	1,292.02	289.19	965.34	633.34	263.16
Days Payable	55.85	130.28	123.61	262.84	243.46	379.66	418.17	630.78	300.35	1,084.83	147.37	139.29
Cash Conversion Cycle	712.33	637.82	721.77	838.54	592.21	761.27	619.34	746.95	31.75	-82.16	532.72	126.49
Working Capital Days	439.21	261.59	232.44	-887.71	-1,157.37	-1,317.08	-3,049.26	-3,964.54	-2,055.98	-1,756.92	-5,579.73	-2,956.86
ROCE %	-1.60%	-11.67%	-2.67%	-5.29%	0.39%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	30.04%	30.04%	30.04%	30.04%	30.04%	30.04%	30.04%	30.04%	30.04%	30.04%	30.04%	30.04%
FIIs	0.02%	0.11%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
DIIs	0.08%	0.08%	0.08%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.14%	0.14%	0.14%
Public	69.86%	69.77%	69.85%	69.86%	69.86%	69.87%	69.88%	69.87%	69.86%	69.81%	69.80%	69.80%
No. of Shareholders	30,747	32,613	32,429	32,151	32,031	31,681	31,391	31,049	31,447	30,988	30,849	30,831

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	4.34	-0.90	15.50	-4.60	-16.71
Diluted EPS (Rs.)	4.34	-0.90	15.50	-4.60	-16.71
Cash EPS (Rs.)	4.60	-0.32	15.86	-4.17	-16.22
Book Value[Excl.RevalReserv]/Share (Rs.)	-115.95	-121.69	-148.58	-139.64	-134.88
Book Value[Incl.RevalReserv]/Share (Rs.)	-115.95	-121.69	-118.24	-133.57	-127.86
Revenue From Operations / Share (Rs.)	23.76	13.32	43.26	46.58	21.01
PBDIT / Share (Rs.)	8.80	-6.84	20.83	12.31	-0.64
PBIT / Share (Rs.)	8.54	-7.41	20.48	11.89	-1.14
PBT / Share (Rs.)	4.34	-1.26	15.86	-2.05	-16.71
Net Profit / Share (Rs.)	4.34	-0.90	15.50	-4.60	-16.71
NP After MI And SOA / Share (Rs.)	4.34	-0.90	15.50	-4.60	-16.71
PBDIT Margin (%)	37.05	-51.32	48.16	26.43	-3.06
PBIT Margin (%)	35.94	-55.64	47.34	25.52	-5.40
PBT Margin (%)	18.26	-9.43	36.67	-4.39	-79.53
Net Profit Margin (%)	18.25	-6.77	35.83	-9.87	-79.53
NP After MI And SOA Margin (%)	18.25	-6.77	35.83	-9.87	-79.53
Return on Networth / Equity (%)	-3.74	0.00	-10.43	0.00	0.00
Return on Capital Employeed (%)	-7.36	6.09	-17.31	-8.90	0.90
Return On Assets (%)	5.13	-0.91	14.07	-3.02	-9.46
Long Term Debt / Equity (X)	0.00	0.00	0.00	0.00	-0.01
Total Debt / Equity (X)	-0.01	-0.01	0.00	0.00	-0.17
Asset Turnover Ratio (%)	0.21	0.10	0.29	0.27	0.11
Current Ratio (X)	0.04	0.08	0.09	0.09	0.18
Quick Ratio (X)	0.01	0.01	0.02	0.03	0.05
Inventory Turnover Ratio (X)	0.23	0.40	0.51	0.39	0.37
Interest Coverage Ratio (X)	3.65	-1.11	2.30	0.88	-0.04
Interest Coverage Ratio (Post Tax) (X)	3.54	-1.15	2.22	0.67	-0.07
Enterprise Value (Cr.)	69.31	31.74	74.90	91.53	169.13
EV / Net Operating Revenue (X)	1.66	1.35	0.98	1.12	4.58
EV / EBITDA (X)	4.48	-2.64	2.04	4.23	-149.22
MarketCap / Net Operating Revenue (X)	1.69	1.40	1.01	1.20	3.54
Price / BV (X)	-0.34	-0.15	-0.29	-0.40	-0.55
Price / Net Operating Revenue (X)	1.69	1.40	1.01	1.20	3.54
EarningsYield	0.10	-0.04	0.35	-0.08	-0.22

After reviewing the key financial ratios for Golden Tobacco Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 21, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 20) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 21, the value is 4.34. This value is below the healthy minimum of 5. It has increased from -0.90 (Mar 20) to 4.34, marking an increase of 5.24.
For Diluted EPS (Rs.), as of Mar 21, the value is 4.34. This value is below the healthy minimum of 5. It has increased from -0.90 (Mar 20) to 4.34, marking an increase of 5.24.
For Cash EPS (Rs.), as of Mar 21, the value is 4.60. This value is within the healthy range. It has increased from -0.32 (Mar 20) to 4.60, marking an increase of 4.92.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 21, the value is -115.95. It has increased from -121.69 (Mar 20) to -115.95, marking an increase of 5.74.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 21, the value is -115.95. It has increased from -121.69 (Mar 20) to -115.95, marking an increase of 5.74.
For Revenue From Operations / Share (Rs.), as of Mar 21, the value is 23.76. It has increased from 13.32 (Mar 20) to 23.76, marking an increase of 10.44.
For PBDIT / Share (Rs.), as of Mar 21, the value is 8.80. This value is within the healthy range. It has increased from -6.84 (Mar 20) to 8.80, marking an increase of 15.64.
For PBIT / Share (Rs.), as of Mar 21, the value is 8.54. This value is within the healthy range. It has increased from -7.41 (Mar 20) to 8.54, marking an increase of 15.95.
For PBT / Share (Rs.), as of Mar 21, the value is 4.34. This value is within the healthy range. It has increased from -1.26 (Mar 20) to 4.34, marking an increase of 5.60.
For Net Profit / Share (Rs.), as of Mar 21, the value is 4.34. This value is within the healthy range. It has increased from -0.90 (Mar 20) to 4.34, marking an increase of 5.24.
For NP After MI And SOA / Share (Rs.), as of Mar 21, the value is 4.34. This value is within the healthy range. It has increased from -0.90 (Mar 20) to 4.34, marking an increase of 5.24.
For PBDIT Margin (%), as of Mar 21, the value is 37.05. This value is within the healthy range. It has increased from -51.32 (Mar 20) to 37.05, marking an increase of 88.37.
For PBIT Margin (%), as of Mar 21, the value is 35.94. This value exceeds the healthy maximum of 20. It has increased from -55.64 (Mar 20) to 35.94, marking an increase of 91.58.
For PBT Margin (%), as of Mar 21, the value is 18.26. This value is within the healthy range. It has increased from -9.43 (Mar 20) to 18.26, marking an increase of 27.69.
For Net Profit Margin (%), as of Mar 21, the value is 18.25. This value exceeds the healthy maximum of 10. It has increased from -6.77 (Mar 20) to 18.25, marking an increase of 25.02.
For NP After MI And SOA Margin (%), as of Mar 21, the value is 18.25. This value is within the healthy range. It has increased from -6.77 (Mar 20) to 18.25, marking an increase of 25.02.
For Return on Networth / Equity (%), as of Mar 21, the value is -3.74. This value is below the healthy minimum of 15. It has decreased from 0.00 (Mar 20) to -3.74, marking a decrease of 3.74.
For Return on Capital Employeed (%), as of Mar 21, the value is -7.36. This value is below the healthy minimum of 10. It has decreased from 6.09 (Mar 20) to -7.36, marking a decrease of 13.45.
For Return On Assets (%), as of Mar 21, the value is 5.13. This value is within the healthy range. It has increased from -0.91 (Mar 20) to 5.13, marking an increase of 6.04.
For Long Term Debt / Equity (X), as of Mar 21, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 20) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 21, the value is -0.01. This value is within the healthy range. There is no change compared to the previous period (Mar 20) which recorded -0.01.
For Asset Turnover Ratio (%), as of Mar 21, the value is 0.21. It has increased from 0.10 (Mar 20) to 0.21, marking an increase of 0.11.
For Current Ratio (X), as of Mar 21, the value is 0.04. This value is below the healthy minimum of 1.5. It has decreased from 0.08 (Mar 20) to 0.04, marking a decrease of 0.04.
For Quick Ratio (X), as of Mar 21, the value is 0.01. This value is below the healthy minimum of 1. There is no change compared to the previous period (Mar 20) which recorded 0.01.
For Inventory Turnover Ratio (X), as of Mar 21, the value is 0.23. This value is below the healthy minimum of 4. It has decreased from 0.40 (Mar 20) to 0.23, marking a decrease of 0.17.
For Interest Coverage Ratio (X), as of Mar 21, the value is 3.65. This value is within the healthy range. It has increased from -1.11 (Mar 20) to 3.65, marking an increase of 4.76.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 21, the value is 3.54. This value is within the healthy range. It has increased from -1.15 (Mar 20) to 3.54, marking an increase of 4.69.
For Enterprise Value (Cr.), as of Mar 21, the value is 69.31. It has increased from 31.74 (Mar 20) to 69.31, marking an increase of 37.57.
For EV / Net Operating Revenue (X), as of Mar 21, the value is 1.66. This value is within the healthy range. It has increased from 1.35 (Mar 20) to 1.66, marking an increase of 0.31.
For EV / EBITDA (X), as of Mar 21, the value is 4.48. This value is below the healthy minimum of 5. It has increased from -2.64 (Mar 20) to 4.48, marking an increase of 7.12.
For MarketCap / Net Operating Revenue (X), as of Mar 21, the value is 1.69. This value is within the healthy range. It has increased from 1.40 (Mar 20) to 1.69, marking an increase of 0.29.
For Price / BV (X), as of Mar 21, the value is -0.34. This value is below the healthy minimum of 1. It has decreased from -0.15 (Mar 20) to -0.34, marking a decrease of 0.19.
For Price / Net Operating Revenue (X), as of Mar 21, the value is 1.69. This value is within the healthy range. It has increased from 1.40 (Mar 20) to 1.69, marking an increase of 0.29.
For EarningsYield, as of Mar 21, the value is 0.10. This value is below the healthy minimum of 5. It has increased from -0.04 (Mar 20) to 0.10, marking an increase of 0.14.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Golden Tobacco Ltd as of March 12, 2025 is: ₹183.31

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 March 12, 2025, Golden Tobacco Ltd is Undervalued by 374.90% compared to the current share price 38.60

Default values used*: Default value of 15% for ROE is used

Intrinsic Value of Golden Tobacco Ltd as of March 12, 2025 is: 287.68

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 March 12, 2025, Golden Tobacco Ltd is Undervalued by 645.28% compared to the current share price 38.60

Default values used*: Default value of 15% for ROE is used

Last 5 Year EPS CAGR: 56.94%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of 2.29, which is a positive sign.	The stock has a low average ROCE of -1.74%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 519.92, which may not be favorable. The company has higher borrowings (98.51) compared to reserves (-161.48), which may suggest financial risk. The company has not shown consistent growth in sales (60.17) and profit (-19.28).

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 Golden Tobacco Ltd:
1. Net Profit Margin: 18.25%
  - 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: -7.36% (Industry Average ROCE: 10.29%)
  - 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%: -3.74% (Industry Average ROE: 8.69%)
  - 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): 3.54
  - 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: 0.01
  - 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: 12.8 (Industry average Stock P/E: 47.51)
  - 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: -0.01
  - 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

Golden Tobacco Ltd. is a Public Limited Listed company incorporated on 28/06/1955 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L16000GJ1955PLC067605 and registration number is 067605. Currently Company is involved in the business activities of Manufacture of cigarettes, cigarette tobacco. Company's Total Operating Revenue is Rs. 41.79 Cr. and Equity Capital is Rs. 17.59 Cr. for the Year ended 31/03/2021.

INDUSTRY	ADDRESS	CONTACT
Realty	Darjipura, Post- Amaliyara, Vadodra Gujarat 390022	share@goldentobacco.in http://www.goldentobacco.in

Management
Name	Position Held
Mr. Pawankumar Malsaria	WholeTime Director & CFO
Mr. Vinod S Bhatia	Ind. Non-Executive Director
Mr. Rajnikant Patel	Ind. Non-Executive Director
Mrs. Prama Raval Shah	Ind. Non-Executive Director
Mr. Vikas Dahiya	Ind. Non-Executive Director
Mr. Jignesh Engineer	Non Executive Director

FAQ

What is the latest intrinsic value of Golden Tobacco Ltd?

The latest intrinsic value of Golden Tobacco Ltd as on 10 March 2025 is ₹183.31, which is 374.90% higher than the current market price of 38.60, indicating the stock is undervalued by 374.90%. The intrinsic value of Golden Tobacco Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹68.0 Cr. and recorded a high/low of ₹59.0/35.1 during the current fiscal year 2024-2025. As of Sep 2021, the company has reserves of ₹-222.85 Cr and total liabilities of ₹148.70 Cr.

What is the Market Cap of Golden Tobacco Ltd?

The Market Cap of Golden Tobacco Ltd is 68.0 Cr..

What is the current Stock Price of Golden Tobacco Ltd as on 10 March 2025?

The current stock price of Golden Tobacco Ltd as on 10 March 2025 is ₹38.6.

What is the High / Low of Golden Tobacco Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Golden Tobacco Ltd stocks is ₹59.0/35.1.

What is the Stock P/E of Golden Tobacco Ltd?

The Stock P/E of Golden Tobacco Ltd is 12.8.

What is the Book Value of Golden Tobacco Ltd?

The Book Value of Golden Tobacco Ltd is 117.

What is the Dividend Yield of Golden Tobacco Ltd?

The Dividend Yield of Golden Tobacco Ltd is 0.00 %.

What is the ROCE of Golden Tobacco Ltd?

The ROCE of Golden Tobacco Ltd is %.

What is the ROE of Golden Tobacco Ltd?

The ROE of Golden Tobacco Ltd is %.

What is the Face Value of Golden Tobacco Ltd?

The Face Value of Golden Tobacco Ltd is 10.0.