Growington Ventures India Ltd
Incorporated in 2010, Growington Ventures India Ltd does trading and distribution activities of different products[1]
- Market Cap ₹ 62.1 Cr.
- Current Price ₹ 3.87
- High / Low ₹ 23.6 / 3.85
- Stock P/E 25.9
- Book Value ₹ 1.29
- Dividend Yield 0.00 %
- ROCE 14.6 %
- ROE 9.65 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 2.99 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.26% over last 3 years.
- Company might be capitalizing the interest cost
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1.43 | 1.77 | 2.79 | 6.52 | 4.33 | 1.86 | 1.21 | 0.68 | 0.80 | 1.23 | 19.63 | 30.34 | 31.66 | |
1.45 | 1.77 | 2.83 | 7.04 | 4.53 | 2.07 | 1.49 | 0.75 | 1.11 | 1.40 | 18.68 | 28.13 | 28.20 | |
Operating Profit | -0.02 | 0.00 | -0.04 | -0.52 | -0.20 | -0.21 | -0.28 | -0.07 | -0.31 | -0.17 | 0.95 | 2.21 | 3.46 |
OPM % | -1.40% | 0.00% | -1.43% | -7.98% | -4.62% | -11.29% | -23.14% | -10.29% | -38.75% | -13.82% | 4.84% | 7.28% | 10.93% |
0.03 | 0.02 | -0.02 | 0.45 | 0.33 | 0.47 | 0.46 | 0.51 | 0.43 | 0.22 | 0.94 | 0.74 | 0.76 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.16 | 0.13 | 0.37 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.06 | 0.17 |
Profit before tax | 0.01 | 0.02 | -0.06 | -0.08 | 0.11 | 0.24 | 0.16 | 0.43 | 0.11 | 0.04 | 1.71 | 2.76 | 3.68 |
Tax % | 0.00% | 50.00% | 0.00% | -37.50% | 45.45% | 29.17% | 25.00% | 25.58% | 27.27% | 150.00% | 26.32% | 36.23% | |
0.01 | 0.01 | -0.06 | -0.06 | 0.07 | 0.17 | 0.12 | 0.32 | 0.08 | -0.03 | 1.26 | 1.76 | 2.40 | |
EPS in Rs | 1.00 | 0.00 | -0.01 | -0.01 | 0.01 | 0.02 | 0.02 | 0.05 | 0.01 | -0.00 | 0.08 | 0.11 | 0.15 |
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: | 33% |
5 Years: | 90% |
3 Years: | 236% |
TTM: | 20% |
Compounded Profit Growth | |
---|---|
10 Years: | 68% |
5 Years: | 71% |
3 Years: | 193% |
TTM: | 32% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 70% |
1 Year: | -82% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 6% |
3 Years: | 7% |
Last Year: | 10% |
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 | 0.01 | 4.02 | 4.02 | 5.58 | 5.58 | 5.58 | 5.58 | 5.58 | 5.58 | 5.58 | 15.90 | 16.06 | 16.06 |
Reserves | 0.01 | 0.01 | -0.05 | -0.11 | -0.04 | 0.12 | 0.24 | 0.56 | 0.64 | 3.11 | 1.38 | 3.14 | 4.70 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.98 | 6.41 | |
0.10 | 0.21 | 0.25 | 0.28 | 0.17 | 0.15 | 0.19 | 0.19 | 0.65 | 0.13 | 5.02 | 7.35 | 9.08 | |
Total Liabilities | 0.12 | 4.24 | 4.22 | 5.75 | 5.71 | 5.85 | 6.01 | 6.33 | 6.87 | 8.82 | 22.30 | 29.53 | 36.25 |
0.01 | 0.01 | 0.02 | 0.06 | 0.04 | 0.10 | 0.08 | 0.06 | 0.05 | 0.08 | 0.08 | 0.52 | 0.41 | |
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.35 | 0.51 | 0.02 | 0.00 | 1.00 | 1.00 |
0.11 | 4.23 | 4.20 | 5.69 | 5.67 | 5.75 | 5.93 | 5.92 | 6.31 | 8.72 | 22.22 | 28.01 | 34.84 | |
Total Assets | 0.12 | 4.24 | 4.22 | 5.75 | 5.71 | 5.85 | 6.01 | 6.33 | 6.87 | 8.82 | 22.30 | 29.53 | 36.25 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.10 | -3.02 | -1.45 | -1.79 | -0.11 | 0.89 | -0.77 | -0.58 | -1.14 | 0.77 | -10.19 | -0.81 | |
-0.01 | 0.01 | 0.41 | 0.38 | 0.32 | 0.39 | 0.46 | 0.16 | 0.26 | 0.65 | 0.86 | -1.01 | |
-0.02 | 4.00 | 0.00 | 1.56 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.50 | 7.33 | 0.16 | |
Net Cash Flow | 0.07 | 0.99 | -1.03 | 0.15 | 0.21 | 1.28 | -0.31 | -0.42 | -0.88 | 3.91 | -2.00 | -1.66 |
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 | 0.00 | 14.44 | 3.92 | 7.28 | 15.17 | 27.47 | 48.26 | 21.47 | 241.81 | 2.97 | 135.18 | 75.31 |
Inventory Days | 0.00 | 0.00 | 1.61 | 8.52 | ||||||||
Days Payable | 92.06 | 91.71 | ||||||||||
Cash Conversion Cycle | 0.00 | 14.44 | 3.92 | 7.28 | 15.17 | 27.47 | 48.26 | 21.47 | 241.81 | 2.97 | 44.73 | -7.88 |
Working Capital Days | -20.42 | 604.21 | 493.21 | 284.39 | 418.11 | 753.55 | 1,297.11 | 2,533.53 | 2,518.50 | 1,341.30 | 281.51 | 241.81 |
ROCE % | 33.33% | 0.99% | 9.50% | -1.69% | 2.00% | 4.27% | 2.78% | 7.19% | 1.62% | 2.82% | 14.40% | 14.65% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - Disclosure under Regulation 30 and Regulation 47 of SEBI (LODR) Regulation 2015_ Newspaper Advertisement
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Compliance Under Regulation 23(9) Of The SEBI (LODR) Regulations, 2015 For The Half Year Ended 30Th September,
2024
14 Nov - Disclosure of Related Party Transactions for H1 2024
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Statement Of Deviation(S) Or Variation(S) As Per Regulation 32 Of SEBI (LODR) Regulations, 2015
14 Nov - Statement of deviation in fund utilization for preferential issue.
- Statement Of Un-Audited Financial Results For The Quarter Ended 30Th September, 2024 14 Nov
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Board Meeting Outcome for Regulation 30 (Disclosure Of Event Or Information) - SEBI (LODR) Regulations, 2015
14 Nov - Board approved un-audited financial results for Q2 2024.
Annual reports
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Financial Year 2024
from bse
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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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Business Overview:[1][2][3]
Company used to deal in holiday travel packages but shifted to the business of exporting & importing of Premium Quality Fruits. It has a portfolio of fruits like Apple, Green Apple, Orange & Mandarin, Pear, South African Pear, Kiwi, Dragon Fruit, Avocado, Red Globe Grapes, Plum, Nectarines, Peaches, Banana, Cherries, Blueberries, Grape Fruit, Mango Stem, Ram Bhutan, Longan, Dates, Tamarind, etc. Company is also planning to start trading of Spices