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Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Golden Tobacco Ltd

About the Company - Golden Tobacco Ltd

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.
INDUSTRYADDRESSCONTACT
RealtyDarjipura, Post- Amaliyara, Vadodra Gujarat 390022share@goldentobacco.in
http://www.goldentobacco.in
Management
NamePosition Held
Mr. Pawankumar MalsariaWholeTime Director & CFO
Mr. Vinod S BhatiaInd. Non-Executive Director
Mr. Rajnikant PatelInd. Non-Executive Director
Mrs. Prama Raval ShahInd. Non-Executive Director
Mr. Vikas DahiyaInd. Non-Executive Director
Mr. Jignesh EngineerNon Executive Director

Basic Stock Data of Golden Tobacco Ltd

Last Updated: June 17, 2024, 8:32 pm

Market Cap 79.8 Cr.
Current Price 45.3
High / Low64.7/36.0
Stock P/E15.0
Book Value 117
Dividend Yield0.00 %
ROCE%
ROE%
Face Value 10.0
PEG Ratio0.26

Golden Tobacco Ltd Quarterly Results

MonthDec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021
Sales56.366.526.817.922.666.030.1810.984.6525.980.901.983.80
Expenses11.9411.669.0911.938.787.523.2610.324.1212.704.113.774.21
Operating Profit44.42-5.14-2.28-4.01-6.12-1.49-3.080.660.5313.28-3.21-1.79-0.41
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-8.7618.700.340.1622.650.370.082.700.08-1.900.765.430.03
Interest5.430.693.264.022.311.231.101.151.030.960.991.181.03
Depreciation0.160.160.270.220.270.250.110.120.120.120.110.140.14
Profit before tax30.0712.71-5.47-8.0913.95-2.60-4.212.09-0.5410.30-3.552.32-1.55
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 Profit30.0812.08-5.47-7.4513.95-2.62-4.212.08-0.5410.30-3.551.72-1.55
EPS in Rs17.086.86-3.11-4.237.92-1.49-2.391.18-0.315.85-2.020.98-0.88

Last Updated: June 6, 2024, 9:44 pm

Golden Tobacco Ltd Quarterly Chart

Golden Tobacco Ltd Profit & Loss

MonthMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021TTM
Sales86.4796.0871.3468.9070.2951.5944.7336.9681.9276.0823.4241.7932.66
Expenses115.49130.0477.4083.6571.2759.4056.9753.6671.3341.3637.2930.3624.79
Operating Profit-29.02-33.96-6.06-14.75-0.98-7.81-12.24-16.7010.5934.72-13.8711.437.87
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 Income32.8618.260.75-4.2713.681.251.3015.6211.109.8023.520.954.32
Interest13.4816.8728.4553.3545.9925.4324.7127.4524.5515.9910.854.284.16
Depreciation2.031.531.051.251.091.211.040.870.750.621.010.470.51
Profit before tax-11.67-34.10-34.81-73.62-34.38-33.20-36.69-29.40-3.6127.91-2.217.637.52
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-11.71-34.10-34.81-73.62-34.37-33.20-36.69-29.40-8.0927.26-1.597.636.92
EPS in Rs-6.65-19.37-19.77-41.81-19.52-17.58-20.84-16.70-4.5915.48-0.904.333.93
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%

Golden Tobacco Ltd Profit & Loss Yearly Chart

Golden Tobacco Ltd Growth

Compounded Sales Growth
10 Years:-8%
5 Years:-1%
3 Years:-20%
TTM:50%
Compounded Profit Growth
10 Years:9%
5 Years:18%
3 Years:45%
TTM:200%
Stock Price CAGR
10 Years:5%
5 Years:6%
3 Years:-4%
1 Year:6%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: June 18, 2024, 10:20 am

Golden Tobacco Ltd Balance Sheet

MonthMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Sep 2021
Equity Capital17.5917.5917.5917.5917.5917.5917.5917.5917.5917.5917.5917.5917.59
Reserves27.21-8.01-43.14-116.99-151.60-186.84-223.41-242.47-252.51-225.54-231.61-221.52-222.85
Borrowings97.76143.40356.66351.61168.5559.9248.9547.400.000.002.002.002.33
Other Liabilities140.42209.89227.84278.49404.70456.77455.75488.10502.04401.60386.37350.54351.63
Total Liabilities282.98362.87558.95530.70439.24347.44298.88310.62267.12193.65174.35148.61148.70
Fixed Assets26.6025.0426.9726.0925.0619.7118.9318.0715.7815.158.387.937.38
CWIP0.000.000.000.000.000.000.000.000.200.320.000.000.00
Investments6.296.296.296.296.296.296.2912.1211.7211.382.261.191.70
Other Assets250.09331.54525.69498.32407.89321.44273.66280.43239.42166.80163.71139.49139.62
Total Assets282.98362.87558.95530.70439.24347.44298.88310.62267.12193.65174.35148.61148.70

Golden Tobacco Ltd Reserves and Borrowings Chart

Golden Tobacco Ltd Cash Flow

MonthMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Cash from Operating Activity 25.70-38.26-199.1131.71145.6696.7617.630.8363.2124.5420.75-0.15
Cash from Investing Activity -0.71-1.02-3.08-0.250.190.260.050.447.601.075.860.39
Cash from Financing Activity -23.5938.60206.70-38.40-144.10-99.60-17.42-0.79-70.11-26.95-26.050.00
Net Cash Flow1.40-0.684.51-6.941.75-2.580.260.480.69-1.340.560.24

Golden Tobacco Ltd Financial Efficiency Indicators

MonthMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Debtor Days44.0363.2573.4250.9150.9449.4572.7985.7242.9137.3346.752.62
Inventory Days724.15704.85771.961,050.47784.731,091.48964.721,292.02289.19965.34633.34263.16
Days Payable55.85130.28123.61262.84243.46379.66418.17630.78300.351,084.83147.37139.29
Cash Conversion Cycle712.33637.82721.77838.54592.21761.27619.34746.9531.75-82.16532.72126.49
Working Capital Days439.21261.59232.44-887.71-1,157.37-1,317.08-3,049.26-3,964.54-2,055.98-1,756.92-5,579.73-2,956.86
ROCE %-1.60%-11.67%-2.67%-5.29%0.39%

Golden Tobacco Ltd Financial Efficiency Indicators Chart

Golden Tobacco Ltd Share Holding Pattern

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Jun 2023Sep 2023Dec 2023Mar 2024
Promoters30.04%30.04%30.04%30.04%30.04%30.04%30.04%30.04%30.04%30.04%30.04%30.04%
FIIs0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.11%0.02%0.02%0.02%0.02%
DIIs0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.08%0.09%0.09%0.09%0.09%
Public69.86%69.86%69.86%69.86%69.86%69.86%69.86%69.77%69.87%69.88%69.87%69.86%
No. of Shareholders27,35527,69127,52027,16729,18430,42530,74732,61331,68131,39131,04931,447

Golden Tobacco Ltd Shareholding Pattern Chart

No. of Golden Tobacco Ltd Shareholders

This stock is not held by any mutual fund

Golden Tobacco Ltd ROCE Trend

Golden Tobacco Ltd EPS Trend

Golden Tobacco Ltd Key Financial Ratios

MonthMar 21Mar 20Mar 19Mar 18Mar 17
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)4.34-0.9015.50-4.60-16.71
Diluted EPS (Rs.)4.34-0.9015.50-4.60-16.71
Cash EPS (Rs.)4.60-0.3215.86-4.17-16.22
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.)23.7613.3243.2646.5821.01
PBDIT / Share (Rs.)8.80-6.8420.8312.31-0.64
PBIT / Share (Rs.)8.54-7.4120.4811.89-1.14
PBT / Share (Rs.)4.34-1.2615.86-2.05-16.71
Net Profit / Share (Rs.)4.34-0.9015.50-4.60-16.71
NP After MI And SOA / Share (Rs.)4.34-0.9015.50-4.60-16.71
PBDIT Margin (%)37.05-51.3248.1626.43-3.06
PBIT Margin (%)35.94-55.6447.3425.52-5.40
PBT Margin (%)18.26-9.4336.67-4.39-79.53
Net Profit Margin (%)18.25-6.7735.83-9.87-79.53
NP After MI And SOA Margin (%)18.25-6.7735.83-9.87-79.53
Return on Networth / Equity (%)-3.740.00-10.430.000.00
Return on Capital Employeed (%)-7.366.09-17.31-8.900.90
Return On Assets (%)5.13-0.9114.07-3.02-9.46
Long Term Debt / Equity (X)0.000.000.000.00-0.01
Total Debt / Equity (X)-0.01-0.010.000.00-0.17
Asset Turnover Ratio (%)0.210.100.290.270.11
Current Ratio (X)0.040.080.090.090.18
Quick Ratio (X)0.010.010.020.030.05
Inventory Turnover Ratio (X)0.230.400.510.390.37
Interest Coverage Ratio (X)3.65-1.112.300.88-0.04
Interest Coverage Ratio (Post Tax) (X)3.54-1.152.220.67-0.07
Enterprise Value (Cr.)69.3131.7474.9091.53169.13
EV / Net Operating Revenue (X)1.661.350.981.124.58
EV / EBITDA (X)4.48-2.642.044.23-149.22
MarketCap / Net Operating Revenue (X)1.691.401.011.203.54
Price / BV (X)-0.34-0.15-0.29-0.40-0.55
Price / Net Operating Revenue (X)1.691.401.011.203.54
EarningsYield0.10-0.040.35-0.08-0.22

Golden Tobacco Ltd Profitability Ratios (%)

Golden Tobacco Ltd Liquidity Ratios

Golden Tobacco Ltd Liquidity Ratios (%)

Golden Tobacco Ltd Interest Coverage Ratios (%)

Golden Tobacco Ltd Valuation Ratios

Fair Value

Fair Value: 268.52

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.

Undervalued: 492.75% compared to the current price 45.3

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Intrinsic Value: 421.40

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 830.25% compared to the current price ₹45.3

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Last 5 Year EPS CAGR: 56.94%

*Investments are subject to market risks

Strength and Weakness of Golden Tobacco Ltd Stock

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

FAQ

What is the latest fair value of Golden Tobacco Ltd?

The latest fair value of Golden Tobacco Ltd is ₹268.51.

What is the Market Cap of Golden Tobacco Ltd?

The Market Cap of Golden Tobacco Ltd is 79.8 Cr..

What is the current Stock Price of Golden Tobacco Ltd as on 22 June 2024?

The current stock price of Golden Tobacco Ltd as on 22 June 2024 is ₹45.3.

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

In FY 2024, the High / Low of Golden Tobacco Ltd stocks is 64.7/36.0.

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

The Stock P/E of Golden Tobacco Ltd is 15.0.

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.

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 Golden Tobacco 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