Gajanand International Ltd

Gajanand International Ltd

₹ 19.0 1.33%
26 Dec - close price
About

Founded in 2009, Gajanand International Limited is engaged in the production of contamination-free and sustainable cotton.[1]

Key Points

Product Portfolio[1]
- Mechi1 Cotton: Grown in Madhya Pradesh and Maharashtra, sown in June/July, harvested from November to January. Key attributes include 25-27 mm span length and 3.5 to 4.9 micronaire.

  • Shankar6 Cotton: Most exported from India, sown in June/July, harvested through February. Features 27.5-29.5 mm span length and 3.5 to 4.9 micronaire.

  • DCH 32: Sown July-August in Karnataka and Tamil Nadu, harvested December to March, with 34-36 mm span length and 3.0 to 3.5 micronaire.

  • Khol: High-quality cottonseed-based product, dry texture, made using controlled techniques.

  • Market Cap 35.8 Cr.
  • Current Price 19.0
  • High / Low 43.0 / 18.2
  • Stock P/E 16.0
  • Book Value 20.1
  • Dividend Yield 0.00 %
  • ROCE 17.2 %
  • ROE 19.3 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.95 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoters have pledged 100% of their holding.
  • Company's cost of borrowing seems high

* 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: Textiles Industry: Textiles - Products

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Half Yearly Results

Figures in Rs. Crores

Sep 2023 Sep 2024
31 43
29 41
Operating Profit 2 2
OPM % 6% 5%
0 0
Interest 0 1
Depreciation 0 0
Profit before tax 1 2
Tax % 23% 26%
1 1
EPS in Rs 12.70 0.60
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
58 62 73 109
57 60 71 105
Operating Profit 1 1 3 4
OPM % 2% 2% 4% 4%
0 0 0 0
Interest 1 1 1 1
Depreciation 0 0 0 0
Profit before tax 0 0 2 3
Tax % 100% 25% 25% 26%
0 0 1 2
EPS in Rs 0.24 0.72 33.68 1.71
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 23%
TTM: 48%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 507%
TTM: 59%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 18%
Last Year: 19%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.42 0.42 0.42 13 19
Reserves 4 4 5 5 19
14 15 12 12 3
1 1 2 10 4
Total Liabilities 19 19 19 39 45
1 1 1 1 1
CWIP 0 0 0 0 0
Investments 0 0 0 0 0
18 18 18 38 44
Total Assets 19 19 19 39 45

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0 1 4 -9
0 0 -0 -0
0 -1 -4 9
Net Cash Flow -0 0 0 -0

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 23 22 20 33
Inventory Days 93 84 69 94
Days Payable 4 1 5 31
Cash Conversion Cycle 111 105 84 97
Working Capital Days 108 102 79 95
ROCE % 6% 15% 17%

Shareholding Pattern

Numbers in percentages

9 Recently
Sep 2024
62.94%
0.25%
36.80%
No. of Shareholders 1,387

* 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.

Click on the line-items to see the names of individual entities.

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