GEI Industrial Systems Ltd
GEI is one of the largest manufacturers of air-cooled heat exchangers and air-cooled condensers in India. The air-cooled heat exchangers are used for cooling of hot fluids using atmospheric air and for dry cooling tower as a replacement of conventional wet type cooling towers. The company is a major supplier of air-cooled heat exchangers to the oil & gas, refining, power, chemical, sugar, cement, fertiliser and other industries.
- Market Cap ₹ 8.66 Cr.
- Current Price ₹ 4.40
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 17.7
- Dividend Yield 0.00 %
- ROCE -6.04 %
- ROE -78.2 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.25 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -34.4% over past five years.
- Company has a low return on equity of -54.2% over last 3 years.
- Contingent liabilities of Rs.224 Cr.
- Company might be capitalizing the interest cost
- Company has high debtors of 1,467 days.
* 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: Capital Goods-Non Electrical Equipment Industry: Engineering
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | TTM | |
---|---|---|---|---|---|---|---|
249 | 359 | 365 | 153 | 66 | 30 | 33 | |
209 | 287 | 318 | 164 | 81 | 44 | 49 | |
Operating Profit | 41 | 72 | 47 | -11 | -15 | -14 | -17 |
OPM % | 16% | 20% | 13% | -7% | -23% | -47% | -51% |
2 | 6 | 10 | 3 | 3 | 1 | 1 | |
Interest | 18 | 30 | 50 | 50 | 41 | 21 | 18 |
Depreciation | 2 | 3 | 4 | 6 | 7 | 11 | 13 |
Profit before tax | 23 | 45 | 3 | -64 | -60 | -45 | -47 |
Tax % | 30% | 36% | 92% | -8% | 0% | 0% | |
16 | 28 | 0 | -59 | -60 | -45 | -47 | |
EPS in Rs | 9.48 | 17.13 | 0.16 | -29.77 | -30.73 | -22.87 | -23.67 |
Dividend Payout % | 11% | 6% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -34% |
3 Years: | -56% |
TTM: | -29% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -13% |
Stock Price CAGR | |
---|---|
10 Years: | -15% |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -22% |
3 Years: | -54% |
Last Year: | -78% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | |
---|---|---|---|---|---|---|
Equity Capital | 17 | 17 | 17 | 20 | 20 | 20 |
Reserves | 85 | 176 | 110 | 121 | 61 | 15 |
117 | 209 | 342 | 336 | 335 | 351 | |
85 | 140 | 142 | 91 | 116 | 82 | |
Total Liabilities | 303 | 542 | 611 | 568 | 531 | 468 |
67 | 103 | 107 | 161 | 147 | 136 | |
CWIP | 0 | 4 | 46 | 3 | 3 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 |
236 | 435 | 458 | 404 | 381 | 328 | |
Total Assets | 303 | 542 | 611 | 568 | 531 | 468 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | |
---|---|---|---|---|---|---|
-16 | -28 | -2 | 28 | 10 | 112 | |
-19 | -20 | -51 | -17 | 8 | -93 | |
44 | 101 | -6 | -15 | -23 | -21 | |
Net Cash Flow | 9 | 52 | -59 | -4 | -4 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | |
---|---|---|---|---|---|---|
Debtor Days | 115 | 143 | 169 | 407 | 708 | 1,467 |
Inventory Days | 276 | 329 | 368 | 647 | 1,708 | 1,067 |
Days Payable | 71 | 119 | 131 | 91 | 279 | 282 |
Cash Conversion Cycle | 320 | 353 | 406 | 962 | 2,137 | 2,252 |
Working Capital Days | 193 | 222 | 292 | 686 | 1,343 | 1,639 |
ROCE % | 24% | 12% | -3% | -4% | -6% |
Documents
Announcements
-
Updates
11 Jan 2018 - Regarding extension of Corporate Insolvency Resolution Process (CIRP) of GEI Indsutrial Systems Limited
-
Updates
2 Jan 2018 - Regarding invitation for resolution plans through advertisement in newspapers
-
Updates
2 Nov 2017 - Extension of 24th Annual General Meeting
- Appointment of Interim Resolution Professional (IRP) 6 Sep 2017
-
Financial Statement for March 31, 2016
15 Nov 2016 - GEI Industrial Systems Ltd has submitted to BSE a copy of Balance Sheet & Profit & Loss A/C for the period ended March 31, 2016.