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Last Updated on: 24 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of GTN Textiles Ltd

About the Company - GTN Textiles Ltd

GTN Textiles Ltd. is a Public Limited Listed company incorporated on 28/03/2005 and has its registered office in the State of Kerala, India. Company’s Corporate Identification Number(CIN) is L18101KL2005PLC018062 and registration number is 018062. Currently Company is involved in the business activities of Preparation and spinning of cotton fiber including blended* cotton. Company’s Total Operating Revenue is Rs. 83.46 Cr. and Equity Capital is Rs. 11.64 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - GeneralDoor No. VIII/911, Erumathala P O., Ernakulam Kerala 683112alw@gtntextiles.com
http://www.gtntextiles.com
Management
NamePosition Held
Mr. B K PatodiaChairman & Managing Director
Mr. B L SinghalInd. Non-Executive Director
Mr. N K BafnaInd. Non-Executive Director
Mr. V N BalakrishnanInd. Non-Executive Director
Mr. C K Gopalakrishnan NairInd. Non-Executive Director
Mrs. Kalpana Mahesh ThakkerInd. Non-Executive Director
Mr. Umang PatodiaNon Exe.Non Ind.Director

Basic Stock Data of GTN Textiles Ltd

Last Updated: June 19, 2024, 10:33 am

Market Cap 15.6 Cr.
Current Price 13.4
High / Low15.0/10.0
Stock P/E
Book Value 12.8
Dividend Yield0.00 %
ROCE0.00 %
ROE0.00 %
Face Value 10.0
PEG Ratio0.00

Competitors of GTN Textiles Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
AKM Creations Ltd 138 Cr. 111117/0.00532 17.60.00 %1.57 %1.78 % 10.0
SEL Manufacturing Company Ltd 211 Cr. 63.8140/59.3 17.00.00 %14.8 %444 % 10.0
CIL Nova Petrochemicals Ltd 84.6 Cr. 31.240.0/15.6 32.80.00 %3.35 %3.68 % 10.0
Morarjee Textiles Ltd 55.3 Cr. 15.232.8/11.4 94.60.00 %21.8 %% 7.00
TCNS Clothing Co. Ltd 3,457 Cr. 546572/327 47.90.00 %28.7 %63.1 % 2.00
Industry Average2,602.08 Cr268.4862.3172.570.12%9.92%39.37%7.47

GTN Textiles Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales10.9516.6415.9724.1426.9816.379.990.000.000.000.000.000.00
Expenses12.7817.5616.3323.7627.2616.8210.900.000.000.000.000.000.00
Operating Profit-1.83-0.92-0.360.38-0.28-0.45-0.910.000.000.000.000.000.00
OPM %-16.71%-5.53%-2.25%1.57%-1.04%-2.75%-9.11%
Other Income0.06-2.870.02-0.12-0.16-0.340.02-4.453.75-16.73-3.29-4.25-2.55
Interest2.512.332.822.882.632.622.430.000.000.000.000.000.00
Depreciation0.780.750.750.750.760.720.710.000.000.000.000.000.00
Profit before tax-5.06-6.87-3.91-3.37-3.83-4.13-4.03-4.453.75-16.73-3.29-4.25-2.55
Tax %0.00%-180.35%0.00%0.00%0.00%28.81%0.00%0.00%0.00%20.86%0.00%0.00%0.00%
Net Profit-5.06-19.26-3.91-3.37-3.83-2.94-4.03-4.453.75-13.24-3.29-4.25-2.55
EPS in Rs-4.35-16.55-3.36-2.90-3.29-2.53-3.46-3.823.22-11.37-2.83-3.65-2.19

Last Updated: June 5, 2024, 5:16 pm

GTN Textiles Ltd Quarterly Chart

GTN Textiles Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1402092861861531141431421314683100
Expenses1311982641761501071301381315584110
Operating Profit9122210371340-9-1-10
OPM %6%6%8%5%2%6%9%3%0%-19%-1%-9%
Other Income00110-1-200-3-1-17-21
Interest10111311910119991120
Depreciation6665444333310
Profit before tax-6-54-4-10-9-3-8-12-24-15-21-21
Tax %32%29%50%32%26%26%18%13%25%-52%8%16%
Net Profit-4-42-3-7-6-2-7-9-36-14-18-17
EPS in Rs-3.81-3.061.68-2.63-6.31-5.41-1.87-6.30-7.50-30.94-12.07-15.43-14.63
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

GTN Textiles Ltd Profit & Loss Yearly Chart

GTN Textiles Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-100%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:100%
Stock Price CAGR
10 Years:4%
5 Years:8%
3 Years:17%
1 Year:7%
Return on Equity
10 Years:-16%
5 Years:-26%
3 Years:-28%
Last Year:0%

Last Updated: June 15, 2024, 4:42 pm

GTN Textiles Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital12121212121212121212121212
Reserves201719168939191824935158
Preference Capital000000000122
Borrowings76756975665660566471722436
Other Liabilities46465529495259574024356762
Total Liabilities153150155131135212221216198156154119117
Fixed Assets666057514713512912512211811500
CWIP0000000000000
Investments20202020202020202020202020
Other Assets67707861695872715718199997
Total Assets153150155131135212221216198156154119117

GTN Textiles Ltd Reserves and Borrowings Chart

GTN Textiles Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 27102001818483-781
Cash from Investing Activity -30-22001500027
Cash from Financing Activity -30-11-18-3-18-18-6-1214-10-28
Net Cash Flow-6-00-210-105-4-20

GTN Textiles Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days36282925404431363118120
Inventory Days180101711111541862281791231065812
Days Payable1438881711862662522011474963320
Cash Conversion Cycle744118657-368156757-308
Working Capital Days151110341262223155-571,227
ROCE %3%5%17%6%-1%3%6%1%-2%-8%-3%-2%

GTN Textiles Ltd Financial Efficiency Indicators Chart

GTN Textiles Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters63.36%63.36%63.36%63.36%63.36%63.37%63.37%63.37%63.37%63.37%63.37%63.37%
FIIs0.00%0.00%0.00%0.00%0.00%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
DIIs0.75%0.48%0.48%0.49%0.49%0.48%0.48%0.48%0.48%0.48%0.48%0.48%
Public35.89%36.15%36.15%36.15%36.15%36.14%36.16%36.16%36.15%36.15%36.16%36.15%
No. of Shareholders15,01315,01915,25015,22915,15815,01414,91414,82414,67614,57614,49814,572

GTN Textiles Ltd Shareholding Pattern Chart

No. of GTN Textiles Ltd Shareholders

This stock is not held by any mutual fund

GTN Textiles Ltd ROCE Trend

GTN Textiles Ltd EPS Trend

GTN Textiles Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-10.35-14.97-12.07-30.93-8.67
Diluted EPS (Rs.)-10.35-14.97-12.07-30.93-8.67
Cash EPS (Rs.)-10.34-14.82-9.51-28.28-4.73
Book Value[Excl.RevalReserv]/Share (Rs.)-4.12-72.0023.46-44.66-16.73
Book Value[Incl.RevalReserv]/Share (Rs.)-4.126.2623.4635.3763.79
Revenue From Operations / Share (Rs.)0.008.5871.6939.74112.54
PBDIT / Share (Rs.)0.00-0.76-0.47-7.340.38
PBIT / Share (Rs.)0.00-1.37-3.04-9.99-2.39
PBT / Share (Rs.)0.00-3.46-13.09-20.29-10.00
Net Profit / Share (Rs.)-10.34-15.43-12.07-30.93-7.50
NP After MI And SOA / Share (Rs.)-10.34-15.43-12.07-30.93-8.67
PBDIT Margin (%)0.00-8.86-0.66-18.470.33
PBIT Margin (%)0.00-15.98-4.24-25.15-2.12
PBT Margin (%)0.00-40.29-18.26-51.05-8.88
Net Profit Margin (%)0.00-179.78-16.83-77.83-6.66
NP After MI And SOA Margin (%)0.00-179.78-16.83-77.83-7.70
Return on Networth / Equity (%)0.000.00-51.440.000.00
Return on Capital Employeed (%)0.00-9.48-8.47-18.69-3.40
Return On Assets (%)-12.81-18.15-10.48-26.43-5.65
Long Term Debt / Equity (X)-0.37-0.070.24-0.22-0.21
Total Debt / Equity (X)-9.39-0.292.68-1.39-3.30
Asset Turnover Ratio (%)0.000.080.570.270.66
Current Ratio (X)0.971.200.180.230.50
Quick Ratio (X)0.971.200.090.110.22
Inventory Turnover Ratio (X)0.000.576.071.172.06
Interest Coverage Ratio (X)0.00-0.36-0.05-0.940.05
Interest Coverage Ratio (Post Tax) (X)0.000.77-0.21-2.670.01
Enterprise Value (Cr.)58.4737.7090.3675.9966.32
EV / Net Operating Revenue (X)0.003.771.081.640.50
EV / EBITDA (X)0.00-42.55-162.81-8.89149.16
MarketCap / Net Operating Revenue (X)0.001.220.250.120.06
Price / BV (X)-2.83-0.140.78-0.10-0.45
Price / Net Operating Revenue (X)0.001.220.250.120.06
EarningsYield-0.88-1.48-0.65-6.36-1.15

GTN Textiles Ltd Profitability Ratios (%)

GTN Textiles Ltd Liquidity Ratios

GTN Textiles Ltd Liquidity Ratios (%)

GTN Textiles Ltd Interest Coverage Ratios (%)

GTN Textiles Ltd Valuation Ratios

Fair Value

Fair Value: 29.38

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: 119.22% compared to the current price 13.4

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

Intrinsic Value: 19.32

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: 44.17% compared to the current price ₹13.4

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: -34.24%

*Investments are subject to market risks

Strength and Weakness of GTN Textiles Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of 8.08, which is a positive sign.
  2. The stock has a low average Cash Conversion Cycle of -2.33, which is a positive sign.
  3. The company has higher reserves (41.85 cr) compared to borrowings (0.38 cr), indicating strong financial stability.
  1. The stock has a low average ROCE of 2.08%, which may not be favorable.
  2. The company has not shown consistent growth in sales (126.38) and profit (-10.31).

FAQ

What is the latest fair value of GTN Textiles Ltd?

The latest fair value of GTN Textiles Ltd is ₹29.38.

What is the Market Cap of GTN Textiles Ltd?

The Market Cap of GTN Textiles Ltd is 15.6 Cr..

What is the current Stock Price of GTN Textiles Ltd as on 23 June 2024?

The current stock price of GTN Textiles Ltd as on 23 June 2024 is ₹13.4.

What is the High / Low of GTN Textiles Ltd stocks in FY 2024?

In FY 2024, the High / Low of GTN Textiles Ltd stocks is 15.0/10.0.

What is the Stock P/E of GTN Textiles Ltd?

The Stock P/E of GTN Textiles Ltd is .

What is the Book Value of GTN Textiles Ltd?

The Book Value of GTN Textiles Ltd is 12.8.

What is the Dividend Yield of GTN Textiles Ltd?

The Dividend Yield of GTN Textiles Ltd is 0.00 %.

What is the ROCE of GTN Textiles Ltd?

The ROCE of GTN Textiles Ltd is 0.00 %.

What is the ROE of GTN Textiles Ltd?

The ROE of GTN Textiles Ltd is 0.00 %.

What is the Face Value of GTN Textiles Ltd?

The Face Value of GTN Textiles 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 GTN Textiles 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