Garnet International Ltd
Incorporated in 1981, Garnet International Ltd is engaged in the business of financial services, trading of shares and textiles.
- Market Cap ₹ 261 Cr.
- Current Price ₹ 133
- High / Low ₹ 136 / 39.0
- Stock P/E 1,775
- Book Value ₹ 13.9
- Dividend Yield 0.00 %
- ROCE -1.13 %
- ROE -1.89 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Promoter holding has increased by 1.12% over last quarter.
- Company's working capital requirements have reduced from 98.6 days to 65.7 days
Cons
- Stock is trading at 9.55 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -24.5% over past five years.
- Company has a low return on equity of 1.14% over last 3 years.
- Promoter holding has decreased over last 3 years: -5.51%
* 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: Finance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
9.20 | 10.80 | 14.58 | 37.33 | 64.09 | 376.49 | 83.10 | 17.53 | 17.78 | 43.84 | 59.33 | 20.33 | 47.20 | |
8.20 | 9.45 | 12.36 | 34.52 | 50.73 | 365.18 | 142.12 | 27.52 | 19.10 | 43.56 | 53.39 | 21.66 | 46.33 | |
Operating Profit | 1.00 | 1.35 | 2.22 | 2.81 | 13.36 | 11.31 | -59.02 | -9.99 | -1.32 | 0.28 | 5.94 | -1.33 | 0.87 |
OPM % | 10.87% | 12.50% | 15.23% | 7.53% | 20.85% | 3.00% | -71.02% | -56.99% | -7.42% | 0.64% | 10.01% | -6.54% | 1.84% |
0.01 | 0.00 | -0.02 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -4.62 | -3.91 | |
Interest | 0.00 | 0.00 | 0.01 | 0.20 | 0.08 | 0.92 | 0.09 | 0.16 | 0.24 | 0.33 | 1.18 | 0.01 | 2.09 |
Depreciation | 0.47 | 0.49 | 0.44 | 0.50 | 0.61 | 0.82 | 0.83 | 0.82 | 0.82 | 0.81 | 0.94 | 0.00 | 0.49 |
Profit before tax | 0.54 | 0.86 | 1.75 | 2.10 | 12.67 | 9.57 | -59.94 | -10.97 | -2.38 | -0.86 | 3.82 | -5.96 | -5.62 |
Tax % | 31.48% | 32.56% | 10.29% | 35.24% | 21.47% | -18.29% | -3.67% | -3.19% | 49.16% | 45.35% | 14.66% | 0.50% | |
0.34 | 0.56 | 1.54 | 1.24 | 9.96 | 11.33 | -57.74 | -10.62 | -3.55 | -1.25 | 3.26 | -5.98 | -5.65 | |
EPS in Rs | 0.10 | 0.18 | 0.60 | 0.37 | 5.19 | 5.85 | -29.55 | -5.55 | -1.90 | -0.88 | 1.45 | -3.05 | -2.55 |
Dividend Payout % | 0.00% | 0.00% | 27.81% | 62.30% | 7.71% | 8.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | -25% |
3 Years: | 5% |
TTM: | -10% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 23% |
TTM: | -91% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 37% |
3 Years: | 78% |
1 Year: | 206% |
Return on Equity | |
---|---|
10 Years: | -11% |
5 Years: | -8% |
3 Years: | 1% |
Last Year: | -2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6.23 | 6.23 | 6.23 | 6.23 | 6.23 | 19.53 | 19.53 | 19.64 | 19.64 | 19.64 | 19.64 | 19.64 |
Reserves | 36.38 | 36.72 | 37.42 | 37.60 | 46.41 | 67.86 | 23.04 | 14.94 | 11.22 | 9.51 | 12.36 | 7.73 |
1.38 | 0.99 | 0.90 | 1.17 | 0.96 | 47.49 | 2.47 | 2.29 | 5.65 | 11.07 | 21.60 | 4.93 | |
4.40 | 5.16 | 6.25 | 14.43 | 9.19 | 10.36 | 11.57 | 10.84 | 12.64 | 12.76 | 11.19 | 1.67 | |
Total Liabilities | 48.39 | 49.10 | 50.80 | 59.43 | 62.79 | 145.24 | 56.61 | 47.71 | 49.15 | 52.98 | 64.79 | 33.97 |
5.12 | 4.78 | 5.14 | 6.90 | 10.51 | 12.26 | 12.16 | 11.59 | 10.78 | 10.15 | 11.88 | 0.00 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.85 | 2.19 | 2.35 | 8.74 | 0.80 |
Investments | 12.56 | 33.18 | 24.46 | 26.29 | 41.77 | 35.28 | 20.18 | 7.78 | 6.33 | 6.33 | 6.50 | 13.89 |
30.71 | 11.14 | 21.20 | 26.24 | 10.51 | 97.70 | 24.27 | 27.49 | 29.85 | 34.15 | 37.67 | 19.28 | |
Total Assets | 48.39 | 49.10 | 50.80 | 59.43 | 62.79 | 145.24 | 56.61 | 47.71 | 49.15 | 52.98 | 64.79 | 33.97 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-20.65 | 22.26 | 1.07 | 3.85 | 13.38 | -82.89 | 16.98 | -11.22 | -3.72 | -3.65 | -0.62 | 6.69 | |
1.10 | -20.71 | 1.20 | -3.12 | -11.59 | 12.32 | 27.37 | 11.10 | 0.21 | 0.17 | -8.48 | 10.06 | |
19.67 | -1.69 | -0.15 | -0.34 | -0.80 | 68.75 | -46.22 | 0.36 | 3.14 | 3.51 | 9.36 | -16.67 | |
Net Cash Flow | 0.12 | -0.14 | 2.12 | 0.39 | 0.99 | -1.81 | -1.87 | 0.24 | -0.38 | 0.04 | 0.26 | 0.07 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 64.27 | 85.84 | 83.11 | 30.80 | 20.62 | 4.44 | 48.45 | 161.16 | 213.70 | 111.40 | 72.90 | 71.64 |
Inventory Days | 188.08 | 164.62 | 126.89 | 178.73 | 10.31 | 90.30 | 15.12 | 289.69 | 343.02 | 125.15 | 103.16 | 23.66 |
Days Payable | 68.39 | 95.13 | 102.89 | 118.33 | 29.94 | 4.98 | 23.59 | 306.32 | 383.78 | 107.58 | 62.86 | 27.27 |
Cash Conversion Cycle | 183.96 | 155.33 | 107.12 | 91.20 | 0.98 | 89.76 | 39.98 | 144.53 | 172.94 | 128.97 | 113.20 | 68.03 |
Working Capital Days | 260.66 | 232.18 | 348.48 | 95.53 | 1.20 | 80.24 | 34.61 | 157.41 | 210.42 | 122.47 | 107.48 | 65.71 |
ROCE % | 1.48% | 1.85% | 3.79% | 4.81% | 24.28% | 10.80% | -64.54% | -24.65% | -5.37% | -1.27% | 9.84% | -1.13% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2h
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1d
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1d
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 23 Aug
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1]
Company is an investment company registered as a Non-Banking Financial Corporation under the Reserve Bank Of India. Company's textile business consists of sales of garments and dyeing through its subsidiary Sukartik Clothing Private Limited.