G G Dandekar Properties Ltd

G G Dandekar Properties Ltd

₹ 128 -1.15%
04 Oct - 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 61.2 Cr.
  • Current Price 128
  • High / Low 163 / 64.0
  • Stock P/E
  • Book Value 104
  • Dividend Yield 0.00 %
  • ROCE -2.07 %
  • ROE -9.39 %
  • Face Value 1.00

Pros

  • Company is almost debt free.

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 -4.88% over last 3 years.
  • Earnings include an other income of Rs.0.50 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
0.69 0.37 0.22 0.00 0.00 0.80 0.92 0.80 0.93 0.89 0.52 0.62 0.73
1.05 0.99 0.62 0.73 0.41 0.37 0.32 0.27 0.35 0.36 0.49 0.43 0.39
Operating Profit -0.36 -0.62 -0.40 -0.73 -0.41 0.43 0.60 0.53 0.58 0.53 0.03 0.19 0.34
OPM % -52.17% -167.57% -181.82% 53.75% 65.22% 66.25% 62.37% 59.55% 5.77% 30.65% 46.58%
0.18 0.10 19.28 0.19 0.11 -0.10 -0.14 -2.40 0.20 0.16 0.14 0.06 0.14
Interest 0.00 0.00 0.00 0.00 0.00 0.03 0.10 0.11 0.11 0.11 0.11 0.11 0.10
Depreciation 0.13 0.13 0.13 0.00 0.01 0.65 0.74 0.72 0.69 0.69 0.69 0.69 0.71
Profit before tax -0.31 -0.65 18.75 -0.54 -0.31 -0.35 -0.38 -2.70 -0.02 -0.11 -0.63 -0.55 -0.33
Tax % 3.23% 1.54% 20.64% -575.93% 80.65% 42.86% 23.68% 2.96% 350.00% -9.09% 25.40% 572.73% 12.12%
-0.32 -0.73 14.98 2.56 -0.28 0.30 -0.46 -2.66 -0.29 -0.13 -0.58 -3.42 -0.36
EPS in Rs -0.67 -1.53 31.46 5.38 -0.59 0.63 -0.97 -5.59 -0.61 -0.27 -1.22 -7.18 -0.76
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
17.18 17.26 19.26 16.57 13.18 4.77 3.84 4.57 0.00 2.51 2.96 2.76
14.10 13.67 16.25 21.35 15.96 7.39 7.14 5.69 1.85 1.35 1.65 1.67
Operating Profit 3.08 3.59 3.01 -4.78 -2.78 -2.62 -3.30 -1.12 -1.85 1.16 1.31 1.09
OPM % 17.93% 20.80% 15.63% -28.85% -21.09% -54.93% -85.94% -24.51% 46.22% 44.26% 39.49%
2.44 2.66 0.38 7.65 -5.54 0.56 0.39 0.68 18.32 -2.54 0.56 0.50
Interest 0.00 0.01 0.06 0.36 0.35 0.00 0.00 0.00 0.00 0.24 0.43 0.43
Depreciation 0.12 0.12 0.17 0.28 0.25 2.10 0.75 0.68 0.02 2.11 2.77 2.78
Profit before tax 5.40 6.12 3.16 2.23 -8.92 -4.16 -3.66 -1.12 16.45 -3.73 -1.33 -1.62
Tax % 31.85% 33.50% 47.78% 21.52% -11.88% 0.00% -7.10% 2.68% 0.00% 15.01% 253.38%
3.68 4.07 1.65 1.75 -7.86 -4.16 -3.40 0.08 16.48 -3.11 -4.41 -4.49
EPS in Rs 7.73 8.55 3.47 3.68 -16.51 -8.74 -7.14 0.17 34.61 -6.53 -9.26 -9.43
Dividend Payout % 39.13% 35.38% 87.27% 82.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -9%
3 Years: -13%
TTM: -20%
Compounded Profit Growth
10 Years: %
5 Years: -4%
3 Years: %
TTM: -716%
Stock Price CAGR
10 Years: 8%
5 Years: 22%
3 Years: 24%
1 Year: 93%
Return on Equity
10 Years: %
5 Years: -5%
3 Years: -5%
Last Year: -9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 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
Reserves 27.84 30.21 29.52 30.26 22.40 34.87 28.97 40.01 55.51 53.25 48.89
0.00 0.00 1.53 9.10 7.65 0.00 0.00 0.00 0.00 4.59 4.37
3.97 3.91 4.92 6.09 11.67 6.79 6.49 5.25 2.17 2.52 3.24
Total Liabilities 32.29 34.60 36.45 45.93 42.20 42.14 35.94 45.74 58.16 60.84 56.98
0.50 0.44 3.47 3.30 3.16 10.69 9.93 9.24 8.72 46.75 43.69
CWIP 0.00 0.00 1.01 8.62 10.97 0.00 0.00 0.00 0.00 0.00 0.00
Investments 6.16 14.01 14.28 21.19 12.06 25.90 20.27 28.60 26.14 6.64 6.25
25.63 20.15 17.69 12.82 16.01 5.55 5.74 7.90 23.30 7.45 7.04
Total Assets 32.29 34.60 36.45 45.93 42.20 42.14 35.94 45.74 58.16 60.84 56.98

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.94 1.31 -0.42 0.43 -2.52 -2.85 -2.60 -2.61 -4.14 1.08 1.46
-1.51 -5.54 -4.32 -11.39 4.43 1.13 2.76 4.02 21.05 -22.02 -1.58
-1.67 -1.67 -0.85 5.56 -3.46 0.00 0.00 0.00 0.00 4.35 -0.65
Net Cash Flow -2.24 -5.90 -5.59 -5.40 -1.55 -1.73 0.16 1.41 16.91 -16.59 -0.77

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 1.49 8.25 10.23 7.71 30.74 10.71 13.31 15.18 4.36 0.00
Inventory Days 129.81 129.42 189.77 225.06 259.92 161.34 167.62 96.62
Days Payable 11.41 30.54 54.51 33.42 36.89 322.68 491.89 276.73
Cash Conversion Cycle 119.89 107.13 145.49 199.35 253.76 -150.63 -310.96 -164.94 4.36 0.00
Working Capital Days 28.68 34.26 79.03 68.95 -114.93 -28.31 -96.95 78.27 273.39 -71.52
ROCE % 20.50% 12.31% -1.29% -5.94% -11.30% -3.20% -1.87% -1.03% -2.07%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 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% 2.85% 2.77% 2.52% 2.52% 2.52% 2.52% 2.52% 2.36% 2.36%
36.95% 36.95% 36.95% 36.95% 37.02% 37.27% 37.28% 37.29% 37.28% 37.28% 37.43% 37.43%
No. of Shareholders 1,9291,9231,9551,9761,9822,0692,0512,0342,1622,2642,2282,248

* 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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