G G Dandekar Properties Ltd

G G Dandekar Properties Ltd

₹ 115 0.35%
26 Nov - close price
About

Incorporated in 1979, G. G. Dandekar Machine Works Ltd manufactures Food Processing Machineries and rents immovable properties[1]

Key Points

Business Overview:[1]
Company is in Rice Milling Machinery business. It manufactures products and provides turnkey solution for rice milling plants. Company also developed machineries for non-rice grains viz. millets, wheat, spices, etc through its associate company. Apart from this, company has also diversified into real estate and leasing of property business

  • Market Cap 54.8 Cr.
  • Current Price 115
  • High / Low 163 / 87.4
  • Stock P/E
  • Book Value 96.9
  • Dividend Yield 0.00 %
  • ROCE -1.27 %
  • ROE -9.45 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Stock is trading at 1.19 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -9.10% over past five years.
  • Company has a low return on equity of -5.74% over last 3 years.
  • Earnings include an other income of Rs.0.52 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Realty Industry: Miscellaneous

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.37 0.22 0.00 0.00 0.80 0.92 0.80 0.93 0.89 0.52 0.62 0.73 0.87
0.99 0.62 0.73 0.41 0.37 0.32 0.27 0.35 0.36 0.49 0.43 0.39 0.62
Operating Profit -0.62 -0.40 -0.73 -0.41 0.43 0.60 0.53 0.58 0.53 0.03 0.19 0.34 0.25
OPM % -167.57% -181.82% 53.75% 65.22% 66.25% 62.37% 59.55% 5.77% 30.65% 46.58% 28.74%
0.10 19.28 0.19 0.11 -0.10 -0.14 -2.40 0.20 0.46 0.14 0.06 0.14 0.18
Interest 0.00 0.00 0.00 0.00 0.03 0.10 0.11 0.11 0.11 0.11 0.11 0.10 0.10
Depreciation 0.13 0.13 0.00 0.01 0.65 0.74 0.72 0.69 0.69 0.69 0.69 0.71 0.70
Profit before tax -0.65 18.75 -0.54 -0.31 -0.35 -0.38 -2.70 -0.02 0.19 -0.63 -0.55 -0.33 -0.37
Tax % 1.54% 20.64% -575.93% 80.65% 42.86% 23.68% 2.96% 350.00% -5.26% 25.40% 572.73% 12.12% 8.11%
-0.67 14.88 2.56 -0.56 -0.50 -0.47 -2.77 -0.10 0.20 -0.79 -3.71 -0.37 -0.41
EPS in Rs -1.41 31.25 5.38 -1.18 -1.05 -0.99 -5.82 -0.21 0.42 -1.66 -7.79 -0.78 -0.86
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
14.88 14.79 5.17 10.54 12.52 8.80 4.77 3.84 4.57 0.00 2.51 2.96 2.74
16.28 14.71 10.31 15.41 13.76 12.34 7.39 7.14 5.69 1.85 1.35 1.65 1.93
Operating Profit -1.40 0.08 -5.14 -4.87 -1.24 -3.54 -2.62 -3.30 -1.12 -1.85 1.16 1.31 0.81
OPM % -9.41% 0.54% -99.42% -46.20% -9.90% -40.23% -54.93% -85.94% -24.51% 46.22% 44.26% 29.56%
7.48 5.84 1.04 2.39 0.32 1.10 0.56 0.39 0.68 18.32 -2.54 0.86 0.52
Interest 1.05 0.92 0.28 0.24 0.27 0.22 0.00 0.00 0.00 0.00 0.24 0.43 0.42
Depreciation 1.35 1.54 1.80 1.51 1.33 1.16 2.10 0.75 0.68 0.02 2.11 2.77 2.79
Profit before tax 3.68 3.46 -6.18 -4.23 -2.52 -3.82 -4.16 -3.66 -1.12 16.45 -3.73 -1.03 -1.88
Tax % -32.61% 33.82% 46.76% -0.71% 0.79% 20.94% 0.00% -7.10% 2.68% 0.00% 15.01% 327.18%
4.87 2.28 -9.07 -4.19 -2.54 -4.62 -4.16 -3.41 -1.15 16.45 -4.30 -4.39 -5.28
EPS in Rs 10.23 4.79 -19.05 -8.80 -5.33 -9.70 -8.74 -7.16 -2.42 34.55 -9.03 -9.22 -11.09
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%
Compounded Sales Growth
10 Years: -15%
5 Years: -9%
3 Years: -13%
TTM: -23%
Compounded Profit Growth
10 Years: %
5 Years: -2%
3 Years: %
TTM: -951%
Stock Price CAGR
10 Years: 7%
5 Years: 24%
3 Years: 18%
1 Year: 15%
Return on Equity
10 Years: -11%
5 Years: -6%
3 Years: -6%
Last Year: -9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.48 0.48 0.48 0.48 0.48 0.48 0.48 0.48 0.48 0.48 0.48 0.48 0.48
Reserves 27.40 29.68 20.59 16.40 37.61 39.82 34.87 28.95 38.78 54.25 50.79 46.45 45.67
7.15 1.97 2.01 2.00 2.02 0.00 0.00 0.00 0.00 0.00 4.59 4.37 4.23
5.29 3.13 3.73 7.07 7.59 6.08 6.79 6.50 5.24 2.16 2.52 3.24 3.11
Total Liabilities 40.32 35.26 26.81 25.95 47.70 46.38 42.14 35.93 44.50 56.89 58.38 54.54 53.49
18.45 16.95 16.45 15.25 13.97 12.81 10.69 9.93 9.24 8.72 46.75 43.69 42.25
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 4.70 4.70 4.36 3.96 27.99 27.57 25.90 20.26 27.37 24.88 4.18 3.81 3.81
17.17 13.61 6.00 6.74 5.74 6.00 5.55 5.74 7.89 23.29 7.45 7.04 7.43
Total Assets 40.32 35.26 26.81 25.95 47.70 46.38 42.14 35.93 44.50 56.89 58.38 54.54 53.49

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-4.23 -0.31 -3.62 -1.83 -0.16 -3.73 -2.85 -2.60 -2.61 -4.14 1.08 1.46
5.38 9.66 0.44 2.39 0.23 7.43 1.13 2.76 4.02 21.05 -22.02 -1.58
-1.55 -6.10 -0.23 -0.23 -0.24 -2.25 0.00 0.00 0.00 0.00 4.35 -0.65
Net Cash Flow -0.40 3.25 -3.41 0.32 -0.18 1.45 -1.73 0.16 1.41 16.91 -16.59 -0.77

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 31.40 35.04 46.60 5.19 4.66 19.49 10.71 13.31 15.18 4.36 0.00
Inventory Days 95.43 93.77 206.49 134.25 106.35 77.88 161.34 167.62 96.62
Days Payable 37.99 69.52 138.70 168.27 140.81 127.31 322.68 491.89 276.73
Cash Conversion Cycle 88.84 59.29 114.38 -28.83 -29.79 -29.94 -150.63 -310.96 -164.94 4.36 0.00
Working Capital Days 170.73 94.27 145.44 -24.59 -46.65 -38.99 -28.31 -96.95 78.27 273.39 -71.52
ROCE % -7.00% -1.28% -24.13% -28.93% -7.70% -8.95% -11.00% -11.30% -3.26% -1.92% -1.07% -1.27%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
60.20% 60.20% 60.20% 60.20% 60.20% 60.20% 60.20% 60.20% 60.20% 60.20% 60.20% 60.20%
2.85% 2.85% 2.85% 2.77% 2.52% 2.52% 2.52% 2.52% 2.52% 2.36% 2.36% 2.05%
36.95% 36.95% 36.95% 37.02% 37.27% 37.28% 37.29% 37.28% 37.28% 37.43% 37.43% 37.75%
No. of Shareholders 1,9231,9551,9761,9822,0692,0512,0342,1622,2642,2282,2482,245

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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