Gillanders Arbuthnot & Company Ltd - Stock Valuation and Financial Performance

BSE: 532716 | NSE: GILLANDERS | Diversified | Small Cap

Gillanders Arbuthnot Share Price

85.26 -1.73 -1.99%
as on 26-Apr'24 16:01

DeciZen - make an informed investing decision on Gillanders Arbuthnot

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Gillanders Arbuthnot & Company stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
182 Cr.
52-wk low:
60.5
52-wk high:
158.7

Is Gillanders Arbuthnot & Company Ltd an attractive stock to invest in?

1. Is Gillanders Arbuthnot & Company Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Gillanders Arbuthnot & Company Ltd is a average quality company.

2. Is Gillanders Arbuthnot & Company Ltd undervalued or overvalued?

The key valuation ratios of Gillanders Arbuthnot & Company Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Gillanders Arbuthnot & Company Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Gillanders Arbuthnot & Company Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Gillanders Arbuthnot:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Gillanders Arbuthnot & Company Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 4.5%4.3%2.7%-0.4%2.4%3.4%0.4%2.4%6.8%6.1%-
Value Creation
Index
-0.7-0.7-0.8-1.0-0.8-0.8-1.0-0.8-0.5-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 947868796650627705615391368422344
Sales YoY Gr.--8.3%-8.3%-18.3%-3.6%12.5%-12.8%-36.4%-5.8%14.4%-
Adj EPS -0.7-1.8-7.9-17-7.7-5.1-12.8-5.16.36.2-6.6
YoY Gr.-NANANANANANANANA-1.3%-
BVPS (₹) 101.799.188.5133.5130.1125.7116.2110.8117.9126.6129.5
Adj Net
Profit
-1.5-3.9-16.8-36.2-16.4-11-27.3-10.913.413.2-14
Cash Flow from Ops. 18.546.841.444.751.692.555.365.658.749.9-
Debt/CF from Ops. 18.57.99.286.63.45.12.62.21.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -8.6%-7.6%-11.8%14.4%
Adj EPS NANANA-1.3%
BVPS2.5%-0.6%2.9%7.4%
Share Price 2.6% 10.4% 28.8% 15.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-0.7-1.8-8.3-15.2-5.8-4-10.6-4.55.55.1-5.1
Op. Profit
Mgn %
5.85.35.62.95.96.32.56.96.55.3-0.4
Net Profit
Mgn %
-0.2-0.5-2.1-5.6-2.6-1.6-4.4-2.83.63.1-4.1
Debt to
Equity
1.61.721.31.21.21.10.70.50.3-
Working Cap
Days
172206231268259224232286250198107
Cash Conv.
Cycle
888984887762616474574

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.32

Return on Equity is Poor

Sales growth has been subdued in last 3 years -11.82%

Sales growth is not so good in last 4 quarters at -17.63%

Latest Financials - Gillanders Arbuthnot & Company Ltd.

Standalone Consolidated
TTM EPS (₹) -6.6 -16.3
TTM Sales (₹ Cr.) 344 372
BVPS (₹.) 129.5 117.8
Reserves (₹ Cr.) 255 230
P/BV 0.66 0.72
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 60.50 / 158.70
All Time Low / High (₹) 15.15 / 158.70
Market Cap (₹ Cr.) 182
Equity (₹ Cr.) 21.3
Face Value (₹) 10
Industry PE 70.4

Management X-Ray of Gillanders Arbuthnot:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Gillanders Arbuthnot

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales947868796650627705615391368422
Operating Expenses 892822760632590662600364344400
Manufacturing Costs2141921881631351461317983100
Material Costs494437376286269318281147115141
Employee Cost 115120132134140149143107110121
Other Costs 69736349464845313739
Operating Profit 55463619374414272421
Operating Profit Margin (%) 5.8%5.3%4.5%2.8%5.9%6.2%2.3%6.9%6.5%5.1%
Other Income 14881315111691712
Interest 36414748454542321913
Depreciation 292119191617161299
Exceptional Items 000220010-2011
Profit Before Tax 4-7-22-13-9-7-18-101321
Tax -1-4101200-11
Profit After Tax 6-3-23-14-11-9-18-101420
PAT Margin (%) 0.6%-0.4%-2.8%-2.1%-1.7%-1.2%-2.9%-2.5%3.8%4.8%
Adjusted EPS (₹)2.5-1.5-10.6-6.4-5.0-4.1-8.3-4.66.59.6
Dividend Payout Ratio (%)30%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 219214191285278268248236252270
Share Capital 23232321212121212121
Reserves 196190168263256247227215230249
Minority Interest0000000000
Debt31233233932430728325613810978
Long Term Debt688112512010610096474612
Short Term Debt244251213205201184160906365
Trade Payables105108115113130139120646545
Others Liabilities 13313113212413012711511010295
Total Liabilities 769785777846844817739548527488

Fixed Assets

Gross Block465481498629630633619386389393
Accumulated Depreciation224246263274280294292152157163
Net Fixed Assets241236235355350340327234232231
CWIP 61015887643
Investments 32282829363625443940
Inventories1731531581561781741428710989
Trade Receivables15012912496938976543425
Cash Equivalents 84489924743
Others Assets15922422619617116213711810696
Total Assets 769785777846844817739548527488

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 18474145529255665950
PBT 4-7-22-13-9-7-18-101321
Adjustment 64596336545739421810
Changes in Working Capital -44-742154732302718
Tax Paid -61-413-413-10
Cash Flow From Investing Activity -35-19-634-11-161381110
Capex -28-25-1010-10-9282-4-7
Net Investments -84021-1-61025421
Others 11430-21-270-4
Cash Flow From Financing Activity 21-16-32-73-60-75-69-147-60-58
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -91650-37-15-160-38-14-34
Interest Paid -37-41-46-47-42-44-42-33-19-14
Dividend Paid -4-200000000
Others 7011-3612-3-15-27-75-27-10
Net Cash Flow 41235-201-10-12
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)2.59-1.5-11.32-5.75-3.78-3.22-6.9-4.025.77.82
ROCE (%)7.635.874.275.695.676.324.374.678.189.44
Asset Turnover Ratio1.321.131.030.80.740.850.790.610.690.83
PAT to CFO Conversion(x)3N/AN/AN/AN/AN/AN/AN/A4.212.5
Working Capital Days
Receivable Days50585862554749614325
Inventory Days656871889791941079786
Payable Days516788135165154168228204142

Gillanders Arbuthnot & Company Ltd Stock News

Gillanders Arbuthnot & Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Gillanders Arbuthnot on 26-Apr-2024 16:01 is ₹85.26.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Apr-2024 16:01 the market cap of Gillanders Arbuthnot stood at ₹182.0.
The latest P/E ratio of Gillanders Arbuthnot as of 26-Apr-2024 16:01 is 0.00.
The latest P/B ratio of Gillanders Arbuthnot as of 26-Apr-2024 16:01 is 0.66.
The 52-week high of Gillanders Arbuthnot is ₹158.7 and the 52-week low is ₹60.50.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gillanders Arbuthnot is ₹343.7 ( Cr.) .

About Gillanders Arbuthnot & Company Ltd

Gillanders Arbuthnot  has a rich heritage intricately linked with the undivided British India. The company started its corporate journey in the year 1819 when F M Gillanders and G C Arbuthnot formed a partnership firm under the name Gillanders Arbuthnot & Co. On 1st February 1935, the firm became a Private Limited company and carried on business in the erstwhile British India including Burma.

The company then had interests in banking & finances, property management, wide range of trading activities and as manager agents of several other companies. The company was elevated to the status of a public limited company on February 28,1947.

The business interests of the company covers areas of tea, textile, chemicals, paints, real estate etc. At present Gillanders Arbuthnot & Co. is a part of well-known G D Kothari Group of Companies.Kothari Group's activities cover a very wide field in different disciplines viz. manufacturing of CNC Milling Machines and Machining Centres, Non-Ferrous Foundries, Turnkey Projects / Construction, Pharmaceuticals, Jute, Tea Gardens, Textiles, Paints, Vegetable Oils, Wood Products, Banking and in services of the Society -- Hospitals, Charitable Dispensaries, Temple, Real Estates, etc.

Different Divisions of the company includes:

  • Tea Division - The tea division comprises of nine gardens measuring total grant area of 5351.35 hectare. The company follows the best agricultural and manufacturing practices and all its gardens are ISO 9001:2000 and HACCP certified.
  • Construction Division - Modern India Construction Co. (MICCO), a Unit of Gillanders Arbuthnot & Co. Limited (GACL) , Kolkata, belongs to the KOTHARI GROUP. MICCO initially started more than 50 years back with Fabrication and Erection of Steelwork and have fabricated more than 3.5 Lakh tonnes. Subsequently, MICCO has grown into an Engineering/Turnkey Contracting Company and have executed large number of Contracts all over India and Overseas countries like South Africa, Malaysia, Nigeria, Kenya, Bangladesh etc. involving design, detail engineering, manufacture and supply, erection, commissioning and performance tests.
  • Yarn Division - This unit produced varieties of yarn for domestic and exports market. They have two spinning mills known as GIS Cotton Mill at Champadany, near Kolkata, West Bengal, India and another one as North India Spinning Mill at Ahmedgarh, near Ludhiana, Punjab, India.
  • Marketing Division - When Gillanders Arbuthnot was established in India, apart from other activities, they started importing and rious products such as, a wide range of Paints, Construction Chemicals, Painting Equipment, Paint Brushes, Abrasive Sheets, Adhesives, various Chemicals, etc.
  • Waldies - It is one of the largest manufacturers of Lead Oxides and Stabilisers for PVC Industry. Its factory is located on the bank of River Ganges around 14 Kms from Kolkata. It is the most respected name in the industry and is well known for its high quality products which are unmatched in India.
  • Property Division - They own a four-storied commercial building known as “Gillander House” at Netaji Subhas Road, Kolkata-700001. There  Property Division is engaged in utilizing this highly valued property and earn income from the tenants of this building. The division also looks after the maintenance and up keeping of this property.
  • Captive Power Plant - 6.5 MW cogeneration power project at village Akbarpur, Malerkotla, Dist. Sangrur in Punjab is the flagship project of GILLANDERS ARBUTHNOT & CO. LTD. in the power sector.

 Awards /Achievements

  • Waldies division of the company has ISO 9001, ISO 14001 & OHSAS 18001 Certification.
  • All the tea gardens of the company are ISO 9001:2000 and HACCP certified.
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