Gayatri Rubbers and Chemicals Ltd

Gayatri Rubbers and Chemicals Ltd

₹ 454 -2.00%
22 Nov - close price
About

Incorporated in 2022, Gayatri Rubbers and Chemicals Ltd is in the business
of rubber manufacturing and trading[1]

Key Points

Business Overview:[1][2]
GRCL is engaged in manufacturing, producing, and distributing various types of reclaimed rubber, rubber products, by-products, rubber chemicals, and rubber scrap for commercial and industrial purposes. The company has also ventured into the smart meter industry, including smart meter manufacturing, RMC switch gears, and SMC enclosures production.

  • Market Cap 260 Cr.
  • Current Price 454
  • High / Low 525 / 166
  • Stock P/E 117
  • Book Value 21.8
  • Dividend Yield 0.00 %
  • ROCE 22.4 %
  • ROE 14.9 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 20.8 times its book value
  • 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.

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Half Yearly Results

Figures in Rs. Crores

Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
11.30 10.91 10.78 13.63 13.64
10.52 10.04 9.76 11.92 11.57
Operating Profit 0.78 0.87 1.02 1.71 2.07
OPM % 6.90% 7.97% 9.46% 12.55% 15.18%
0.00 0.00 0.01 0.02 0.02
Interest 0.12 0.08 0.08 0.24 0.16
Depreciation 0.17 0.04 0.14 0.20 0.22
Profit before tax 0.49 0.75 0.81 1.29 1.71
Tax % 24.49% 25.33% 23.46% 26.36% 25.15%
0.37 0.55 0.61 0.95 1.27
EPS in Rs 0.88 0.96 1.06 1.66 2.21
Raw PDF

Profit & Loss

Figures in Rs. Crores

Dec 2022 8m Mar 2023 Mar 2024 TTM
16.65 22.21 24.41 27.27
15.59 20.48 21.68 23.49
Operating Profit 1.06 1.73 2.73 3.78
OPM % 6.37% 7.79% 11.18% 13.86%
0.00 0.00 0.03 0.04
Interest 0.21 0.28 0.32 0.40
Depreciation 0.14 0.21 0.35 0.42
Profit before tax 0.71 1.24 2.09 3.00
Tax % 22.54% 25.81% 25.36%
0.55 0.91 1.56 2.22
EPS in Rs 1.31 1.59 2.72 3.87
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 26%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 91%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 175%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 15%

Balance Sheet

Figures in Rs. Crores

Dec 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 4.21 5.74 5.74 5.74
Reserves 0.41 3.97 5.53 6.80
1.86 0.00 0.52 0.81
2.51 0.91 1.07 5.16
Total Liabilities 8.99 10.62 12.86 18.51
1.08 1.18 2.31 2.28
CWIP 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00
7.91 9.44 10.55 16.23
Total Assets 8.99 10.62 12.86 18.51

Cash Flows

Figures in Rs. Crores

Dec 2022 Mar 2023 Mar 2024
1.55 -5.21 -0.31
-1.09 -1.40 -1.47
0.23 8.60 0.20
Net Cash Flow 0.68 1.99 -1.58

Ratios

Figures in Rs. Crores

Dec 2022 Mar 2023 Mar 2024
Debtor Days 82.65 74.12 75.06
Inventory Days 67.74 47.92 82.37
Days Payable 56.33 8.90 9.72
Cash Conversion Cycle 94.06 113.14 147.71
Working Capital Days 100.18 105.18 133.53
ROCE % 22.42%

Shareholding Pattern

Numbers in percentages

Mar 2023Sep 2023Mar 2024Sep 2024
73.37% 73.37% 73.37% 73.37%
26.64% 26.63% 26.63% 26.63%
No. of Shareholders 169111123188

Documents