Gala Precision Engineering Ltd
Incorporated in 2009, Gala Precision
Engineering Ltd manufactures high-
quality Technical Springs and High
Tensile Fasteners[1]
- Market Cap ₹ 1,043 Cr.
- Current Price ₹ 822
- High / Low ₹ 1,481 / 682
- Stock P/E 40.9
- Book Value ₹ 192
- Dividend Yield 0.00 %
- ROCE 23.3 %
- ROE 26.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 44.3% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 102 | 101 | 103 | 144 | 163 | 200 | 221 | |
| 90 | 92 | 91 | 123 | 134 | 160 | 180 | |
| Operating Profit | 12 | 9 | 12 | 21 | 29 | 40 | 41 |
| OPM % | 12% | 9% | 12% | 15% | 18% | 20% | 19% |
| 2 | 2 | 1 | 2 | 4 | -2 | 1 | |
| Interest | 5 | 6 | 6 | 5 | 6 | 7 | 4 |
| Depreciation | 4 | 5 | 6 | 6 | 6 | 7 | 8 |
| Profit before tax | 5 | 0 | 2 | 12 | 21 | 25 | 31 |
| Tax % | 25% | -212% | -17% | 29% | 15% | 13% | |
| 4 | 1 | 2 | 8 | 18 | 22 | 24 | |
| EPS in Rs | 16.91 | 5.06 | 7.24 | 32.32 | 71.88 | 21.50 | 21.55 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 25% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 139% |
| TTM: | 55% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 21% |
| Last Year: | 26% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 3 | 3 | 3 | 3 | 10 | 13 |
| Reserves | 52 | 55 | 57 | 65 | 82 | 94 | 231 |
| 56 | 61 | 59 | 57 | 60 | 57 | 13 | |
| 26 | 28 | 25 | 30 | 26 | 28 | 38 | |
| Total Liabilities | 136 | 146 | 143 | 154 | 171 | 189 | 294 |
| 50 | 56 | 58 | 56 | 61 | 64 | 68 | |
| CWIP | 7 | 7 | 4 | 3 | 5 | 7 | 9 |
| Investments | 8 | 8 | 7 | 7 | 0 | 0 | 0 |
| 70 | 76 | 74 | 88 | 105 | 118 | 217 | |
| Total Assets | 136 | 146 | 143 | 154 | 171 | 189 | 294 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 6 | 9 | 15 | 11 | 16 | 16 | |
| -13 | -10 | -5 | -6 | -13 | -4 | |
| 7 | 1 | -8 | -7 | -4 | -12 | |
| Net Cash Flow | 0 | 0 | 2 | -2 | 0 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 97 | 102 | 96 | 78 | 82 | 86 |
| Inventory Days | 299 | 334 | 317 | 278 | 277 | 261 |
| Days Payable | 123 | 133 | 109 | 87 | 45 | 62 |
| Cash Conversion Cycle | 274 | 303 | 303 | 269 | 313 | 285 |
| Working Capital Days | 160 | 165 | 156 | 139 | 163 | 162 |
| ROCE % | 6% | 6% | 14% | 18% | 23% |
Documents
Announcements
-
Closure of Trading Window
2d - Closure of trading window for insiders.
- Announcement under Regulation 30 (LODR)-Investor Presentation 19 Mar
- Announcement under Regulation 30 (LODR)-Investor Presentation 18 Mar
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
12 Mar - Pursuant to Regulation 30(6) read with Schedule III of the SEBI (LODR) Regulations, 2015, the schedule of Investor/Analyst meeting of the Company is held on …
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
10 Mar - Company has issued and allotted 27800 equity shares consequent upon Exercise of ESOPS.
Business Overview:[1]
GPEL manufactures precision components in India which includes Special Fastening Solutions (SFS) like High Tensile Fasteners such as Studs, Anchor Bolts, Cross Bolts, Hex Bolts, Nuts, Gallock Wedge Lock and Grip Lock Washers, asDisc and Strip Springs (DSS) and Coil & Spiral Springs (CSS), comprising an extensive portfolio of 750+ SKUs.