Is GEE Ltd (504028) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that GEE Ltd is a below average quality company .

Is GEE Ltd (504028) undervalued or overvalued?

The key valuation ratios of GEE Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is GEE Ltd (504028) share price return in the past 10 years?

GEE Ltd share price has appreciated 14.8% annually (CAGR) over the past ten years.

Is GEE Ltd (504028) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of GEE Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of GEE Ltd (504028)?

Company share prices are keep on changing according to the market conditions. The current trading price of GEE Ltd (504028) on 17-Apr-2026 16:59:59 at 16:59 is 68.04.

What is the P/E ratio of GEE?

The latest standalone P/E ratio of GEE as of 17-Apr-2026 is 0.00.

What is the P/B ratio of GEE Ltd (504028)?

The latest standalone P/B ratio of GEE Ltd (504028) as of 17-Apr-2026 is 2.70.

What is the 52-week high and low of GEE Ltd (504028)?

The 52-week high of GEE Ltd (504028) is Rs. 97.90 and the 52-week low is Rs. 53.61.

GEE Ltd (504028) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: GEE Ltd (504028)
Brand: GEE

GEE Ltd (504028) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

GEE Ltd (504028)

BSE: 504028 NSE:

Key Metrics

Market Cap

₹354 Cr.

P/E Ratio

0.00

Price to Book (P/B)

2.70

Price to Sales (P/S)

1.03

EV/EBITDA

70.91

Return on Capital Employed (ROCE)

-1.47%

Current Price

₹68

Return on Equity (ROE)

-7.29%

Return on Assets (ROA)

-2.89%

Operating Profit Margin

0.3%

Net Profit Margin

-2.77%

Gross Profit Margin

-2.3%

Book Value per Share

₹25.2

Sales Growth (YoY)

-9.56%

Sales Growth (3 Years)

1.06%

Operating Profit Growth (1 Year)

-97.12%

Operating Profit Growth (3 Years)

-68.93%

Net Profit Growth (1 Year)

-171.85%

52-Week Low / High

₹54 / 98

Net Profit Growth (3 Years)

NAN%

Dividend Yield

0.00%

Promoter Holding

63.97%

Pledged shares (%)
of Promoter's holding (%)

43.36%

Check Before You Invest

Q.1 Revenue growth of GEE Ltd?

GEE Ltd revenue growth is -9.6% for FY-2025 , which is below its 5 year CAGR of 4.2% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of GEE Ltd?

Promoters hold 63.97% of the GEE Ltd, with 43.36% of their stake pledged, indicating high pledge risk.

Q.1 Revenue growth of GEE Ltd vs industry peers?

GEE Ltd revenue CAGR is 4.17% , compared to the industry median CAGR of 7.29% , indicating slower growth and losing its market share.

Q.1 Which industry/sub-sector does GEE Ltd belong to?

GEE Ltd belongs to the Capital Goods & Industrial Consumables sector, operating specifically within the Electrodes & Welding Equipment segment.

Q.1 Stock return of GEE Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 14.5% based on the current price.

DeciZen - make an informed investing decision on GEE

Based on:

Data

Overall Rating ⓘ
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

3. Price Trend

GEE stock performance

Key Ratios

Is GEE Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	12.7%	10%	8.6%	8.8%	12.6%	15.7%	15%	10.5%	12.5%	-1.5%	-
Value Creation Index ⓘ	-0.1	-0.3	-0.4	-0.4	-0.1	0.1	0.1	-0.3	-0.1	-1.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	190	198	216	274	272	253	323	396	369	334	345
Sales YoY Gr.	-	4.4%	9.1%	27%	-0.8%	-7.2%	28%	22.3%	-6.7%	-9.6%	-
Adj EPS ⓘ	0.7	0.6	0.6	0.5	1.8	2.3	2.7	1.5	2.5	-1.8	-1.1
YoY Gr.	-	-11.1%	-4.7%	-26.2%	304.4%	26.9%	17.3%	-43.2%	59.7%	-171.5%	-
BVPS (₹) ⓘ	11.9	12.6	13.2	13.6	15.5	17.9	20.8	22.8	25.3	23.5	25.2
Adj Net Profit ⓘ	3.7	3.3	3.2	2.4	9.5	12	14.1	8	12.8	-9.1	-6
Cash Flow from Ops. ⓘ	16.6	2	1.1	2.8	25	6.2	2.5	1	45.2	13.8	-
Debt/CF from Ops. ⓘ	2.6	24.1	52.3	23.7	2.4	9.7	30.4	87.9	1.8	5.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6.5%	4.2%	1.1%	-9.6%
Adj EPS ⓘ	-210.4%	-199.3%	-186.6%	-171.5%
BVPSⓘ	7.9%	8.7%	4.2%	-7%
Share Price	14.8%	32.4%	25.9%	6.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	6.2	5.2	3	1.6	6.2	7.3	7.9	4.2	6.4	-4.6	-4.4
Op. Profit Mgn % ⓘ	7.6	6.7	5.9	5.3	7.5	10.1	8.6	5.9	7.8	0.3	1.8
Net Profit Mgn % ⓘ	2	1.7	1.5	0.9	3.5	4.8	4.4	2	3.5	-2.7	-1.6
Debt to Equity ⓘ	0.7	0.7	0.8	0.9	0.7	0.7	0.7	0.7	0.6	0.7	-
Working Cap Days ⓘ	148	145	149	140	153	170	156	153	164	161	72
Cash Conv. Cycle ⓘ	87	87	99	90	95	108	105	108	122	116	16

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	-1.1	-
TTM Sales (₹ Cr.)	345	-
BVPS (₹) ⓘ	25.2	-
Reserves (₹ Cr.) ⓘ	120	-
P/BV ⓘ	2.70	-
PE ⓘ	0.00	-

From the Market
52 Week Low / High (₹)	53.61 / 97.90
All Time Low / High (₹)	0.13 / 101.45
Market Cap (₹ Cr.)	354
Equity (₹ Cr.)	10.4
Face Value (₹)	2
Industry PE ⓘ	35.8

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

43.36

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

Valuation of GEE - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	190	198	216	274	272	253	323	396	369	334
Operating Expenses ⓘ +	175	185	203	260	252	227	296	372	340	333
Manufacturing Costs	23	25	26	30	31	25	30	36	31	33
Material Costs	128	132	148	199	187	174	232	291	270	250
Employee Cost	12	14	15	17	19	17	19	20	20	24
Other Costs ⓘ	13	13	14	14	16	11	15	25	20	26
Operating Profit ⓘ	14	13	13	14	20	26	28	23	29	1
Operating Profit Margin (%)	7.6%	6.8%	5.9%	5.3%	7.5%	10.1%	8.6%	5.9%	7.8%	0.2%
Other Income ⓘ +	3	1	1	1	1	2	2	1	1	0
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	7	5	5	7	7	5	6	9	8	9
Depreciation ⓘ	3	3	4	4	4	4	4	4	4	4
Profit Before Tax ⓘ	7	6	5	5	11	18	20	12	18	-12
Tax ⓘ	3	2	2	2	1	5	5	3	5	-3
Profit After Tax	5	3	3	3	10	13	15	9	13	-9
PAT Margin (%)	2.4%	1.8%	1.6%	1.0%	3.6%	5.0%	4.7%	2.2%	3.5%	-2.8%
Adjusted EPS (₹)	0.9	0.7	0.7	0.5	1.9	2.4	2.9	1.6	2.5	-1.8
Dividend Payout Ratio (%)	16%	0%	21%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	62	66	146	149	158	171	186	193	204	194
Share Capital ⓘ	5	5	5	5	5	5	5	5	5	5
Reserves ⓘ	58	61	142	144	154	166	181	188	199	188
Debt +	40	48	56	65	59	60	76	86	81	80
Long Term Debt	0	0	4	5	1	8	12	12	11	10
Short Term Debt	39	48	51	60	58	52	63	74	70	70
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	21	13	16	25	26	22	21	26	24	24
Others Liabilities ⓘ	19	15	8	11	11	10	19	18	19	13
Total Liabilities ⓘ	142	142	227	250	254	264	302	323	328	311
Fixed Assets
Net Fixed Assets ⓘ +	47	49	126	127	125	122	123	119	147	143
Gross Block	66	71	129	130	131	156	161	162	195	196
Accumulated Depreciation	18	22	3	3	7	35	38	43	47	53
CWIP ⓘ	1	0	1	2	2	1	0	0	0	0
Investments ⓘ	3	3	4	4	4	15	0	0	0	0
Inventories	40	33	38	49	41	49	71	87	89	80
Trade Receivables	34	39	40	53	56	58	55	73	51	44
Cash Equivalents	4	3	2	2	12	2	1	2	1	4
Others Assets ⓘ	13	14	16	15	15	16	51	42	39	41
Total Assets ⓘ	142	142	227	250	254	264	302	323	328	311

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	17	2	1	3	25	6	3	1	45	14
PBT ⓘ	7	6	5	5	11	18	20	12	18	-12
Adjustment ⓘ	8	8	8	11	11	9	9	16	13	18
Changes in Working Capital ⓘ	4	-10	-11	-11	5	-16	-21	-21	18	11
Tax Paid ⓘ	-2	-2	-2	-2	-2	-5	-6	-5	-4	-3
Cash Flow From Investing Activity ⓘ +	-1	-4	-4	-5	-4	-10	-14	-1	-34	-5
Capex	-3	-4	-4	-6	-2	-1	-7	-1	-34	-2
Net Investments	1	-1	-1	0	-2	-10	0	-0	-0	-3
Others ⓘ	0	1	0	0	0	0	-8	-0	0	0
Cash Flow From Financing Activity ⓘ +	-14	2	2	2	-13	-4	11	2	-13	-9
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	5	-1	-1	-1
Interest Paid ⓘ	-6	-5	-5	-7	-7	-5	-6	-8	-8	-9
Dividend Paid ⓘ	-1	-1	0	-1	0	0	0	0	0	0
Others ⓘ	-7	8	7	10	-7	1	12	11	-5	1
Net Cash Flow ⓘ	1	0	-1	-0	8	-8	-0	1	-2	-0

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	7.63	5.44	5.11	3.97	12.97	14.6	15	7.51	10.29	-7.29
ROCE (%)	12.74	10.04	8.6	8.76	12.63	15.74	14.99	10.49	12.54	-1.47
Asset Turnover Ratio	1.5	1.54	1.2	1.15	1.08	0.98	1.14	1.27	1.13	1.04
PAT to CFO Conversion(x)	3.4	0.67	0.33	1	2.5	0.46	0.2	0.11	3.46	N/A
Working Capital Days
Receivable Days	59	60	65	62	73	83	64	59	61	52
Inventory Days	64	62	59	58	60	65	68	73	87	92
Payable Days	48	47	36	38	50	51	34	30	34	35

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

GEE Ltd FAQs

The current trading price of GEE on 17-Apr-2026 16:59 is ₹68.04.

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 16-Apr-2026 the market cap of GEE stood at ₹353.6 Cr

The latest P/E ratio of GEE as of 16-Apr-2026 is 0.00.

The latest P/B ratio of GEE as of 16-Apr-2026 is 2.70.

The 52-week high of GEE is ₹97.90 and the 52-week low is ₹53.61.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of GEE is ₹345 ( Cr.) .

About GEE Ltd

In 1969, GEE set up first welding electrode manufacturing plant at Thane, near Mumbai. The company entered into a technical collaboration with Messer Griesheim Gmbh of Frankfurt to accomplish its mission.

In a reasonable period of time they made rapid strides in terms of product portfolio expansion, production, sales and support services.

GEEâ€™s unmatched expertise in welding technology, metallurgy driven by in-house research and development, global networking and documentation systems solve welding problems. In this process they also create new knowledge on an on-going basis to enrich the welding industry.

The impeccable quality of GEE brands electrodes, wires and fluxes has helped the company to have a pan-India presence extended over to Persian Gulf countries. Demand for GEE brands further went up with the rapid industrialization of India.

To make good use of this encouraging scenario GEE set up two green field plants one at Kalyan, near Mumbai, side by side phasing out the Thana plant and another at Kolkata thus doubling the production capacity to 13,200 tons.

These plants, ISO 9001:2000 accredited by Det Norske Veritas, are fully integrated and equipped with modern machinery and systems for production, packing and dispatch. These are supported with a well-defined supply-chain, dealer, delivery logistics, IT driven sales and administrative network.

Primarily identified as pre-and-after sales service, end-users are given close and clear guidance about welding procedures to be followed, process parameters to be established and the appropriate consumables to be selected for the job on hand and eventually secure optimum results.

Container loads of GEE brands of general purpose electrodes are regularly exported to United Arab Emirates. The company is taking efforts to help other Gulf States, East Africa, South Africa and South East Asia benefit from using GEEâ€™s welding products besides drawing on GEEâ€™s welding know-how.

Products:

Covered Electrodes: Mild steel, Low hydrogen, High tensile, Low alloy, Hardfacing, Stainless steel, Cast iron, Non ferrous, Cutting & gouging and Tubular electrodes
Low heat input alloys: Carbon steel, Stainless steel, Hardfacing, Cast iron, Copper and copper alloys, Nickel and nickel alloys
Tig Filler wires
MIG/MAG wires,
Saw wires and fluxes
Flux cored wires

Recent Development:

The board of directors of GEE had approved the bonus issue of 2,969,760 equity shares of Rs 2 in the ratio of 1:5.

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GEE Ltd (504028) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

GEE Share Price

GEE Ltd (504028)

Check Before You Invest

DeciZen - make an informed investing decision on GEE

Overall Rating ⓘ Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

3. Price Trend

GEE stock performance

Is GEE Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Recent Performance Summary

Latest Financials

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Valuation of GEE - Standalone Basis

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Event Update

Analyst's Notes

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Finance Ratio

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

GEE Ltd FAQs

What is the share price of GEE?

What is the market cap of GEE?

What is the P/E ratio of GEE?

What is the P/B ratio of GEE?

What is the 52-week high and low of GEE?

What is the TTM revenue of GEE?

About GEE Ltd

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Overall Rating ⓘ
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity