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Govind Rubber Ltd (GOVINRUBER)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 509148 NSE: GOVINRUBER Tyres & Allied | Small Cap | Govind Rubber Share Price

₹2.78 0.00 (0.00%)

As on 22-May'23 18:01

Govind Rubber Ltd (GOVINRUBER)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 509148 NSE: GOVINRUBER Tyres & Allied | Small Cap | Govind Rubber Share Price

₹2.78 0.00 (0.00%)

As on 22-May'23 18:01

Key Metrics
Valuation Multiples
Market Cap
₹6 Cr.
Current Price
₹2.8
52-Week Low / High
₹3 / 3
TTM EPS
₹74.8
TTM Sales
₹0.4 Cr.
Book Value per Share
₹22.5
P/E Ratio
0.04
In line with its 5-year historical median
Industry PE
19.9
Price to Book (P/B)
0.12
In line with its 5-year historical median
Price to Sales (P/S)
14.83
In line with its 5-year historical median
EV/EBITDA
0.14
In line with its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
2.62%
Return on Capital Employed (ROCE)
6.28%
Return on Assets (ROA)
1.36%
Operating Profit Margin
10.1%
Net Profit Margin
1.8%
Gross Profit Margin
5.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
6.78%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
31.38%
Net Profit Growth (1 Year)
-
-94.05%
Asset Quality
Promoter Holding
28.37%
Pledged shares (%) of Promoter's holding (%)
0.28%
Reserves
₹27 Cr.
Equity
₹21.8 Cr.
Face Value
₹10
All Time Low / High
₹0.83 / 550.00

Govind Rubber stock performance

Key Ratios
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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)

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.
Govind Rubber Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 13.8%2.8%-13.4%-148%450%8.9%4.4%8.2%6.6%6.3%-
Value Creation
Index
0.0-0.8-2.0NA31.1NANANANANA-

Growth Parameters

Sales 2952051092.70.437.895.881.181.386.80
Sales YoY Gr.--30.4%-46.9%-97.6%-84.6%9,114.6%153.6%-15.3%0.2%6.8%-
Adj EPS 0.4-3-17-60.174.8-8.2-2.3-7.932.8274.8
YoY Gr.--841.5%NANANA-111%NANANA-94.1%-
BVPS (₹) 14.610.610.4-52.322.556.854.246.373.475.522.5
Adj Net
Profit
0.9-6.6-37.1-131163-4.1-1.6-5.326.21.6163
Cash Flow from Ops. 30.114.91315013.5-10.59-14.63-
Debt/CF from Ops. 3.4910.27.902.4-3.33.3-3.417.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -12.7%191.8%-3.3%6.8%
Adj EPS 18.9%-51.8%NA-94.1%
BVPS20%27.4%11.7%2.8%
Share Price -16.7% 1% - -

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
2.8-24-161.8286.5-502.2-10.6-4.8-15.758.32.6152.8
Op. Profit
Mgn %
7.95.2-18.1-4041.4-6766.2-37.559.78.210.1-4041.6
Net Profit
Mgn %
0.3-3.2-34-4918.839922-10.9-1.6-6.632.31.839866
Debt to
Equity
3.25.85.9-10.51.1110.80.9-
Working Cap
Days
2273195039,1608,8792061401932032179,104
Cash Conv.
Cycle
721342175,2291,056403893135161-1,09,862

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales294.95205.36109.052.670.4137.7895.7981.1381.2486.76
Operating Expenses + 272.81194.74128.75110.5928.1051.9591.0173.3074.5878
Manufacturing Costs25.5517.9910.632.400.985.269.278.8310.288.35
Material Costs161.78109.4871.5733.140.4122.3063.6847.8945.8450.50
Employee Cost 35.7831.7823.915.410.067.5013.1311.2612.5313.31
Other Costs 49.7135.4922.6569.6426.6516.904.935.325.925.83
Operating Profit 22.1310.62-19.71-107.92-27.69-14.184.787.836.668.75
Operating Profit Margin (%) 7.5%5.2%-18.1%-4,046.1%-6,766.2%-37.5%5.0%9.7%8.2%10.1%
Other Income + 0.370.761.340.06205.9022.080.230.161.300.41
Exceptional Items 0-3.890-8.0300.250000
Interest 19.0617.1815.8217.9800.011.102.804.054.54
Depreciation 3.273.422.593.042.212.162.122.572.392.27
Profit Before Tax 0.18-13.10-36.77-136.90175.995.981.802.611.532.36
Tax 0.05-3.990012.569.923.357.95-24.710.80
Profit After Tax 0.13-9.11-36.77-136.90163.44-3.95-1.56-5.3326.241.56
PAT Margin (%) 0.0%-4.4%-33.7%-5,132.7%39,930.5%-10.5%-1.6%-6.6%32.3%1.8%
Adjusted EPS (₹)0.1-4.2-16.8-62.774.8-7.9-2.3-7.932.82.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Govind Rubber - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 31.9723.2022.65-114.2549.1828.3936.5931.2658.7560.38
Share Capital 21.8421.8421.8421.8421.8456.756.7588
Reserves 10.131.360.81-136.0927.3423.3929.8424.5150.7552.38
Debt +95.93131.70130.83117.4624.1432.4934.8929.8648.9351.47
Long Term Debt19.0319.6019.608.5416.8022.8725.2929.8630.7130.29
Short Term Debt76.90112.09111.23108.927.349.639.60018.2121.18
Minority Interest0000000000
Trade Payables75.5348.6737.4032.951.3216.7013.146.014.096.96
Others Liabilities 38.9429.0527.7645.5913.3023.4826.6043.56-1.64-0.02
Total Liabilities 242.38232.61218.6481.7587.94101.08111.22110.68110.12118.79

Fixed Assets

Net Fixed Assets +43.0440.7173.3070.2668.0566.3265.3863.3162.0262.51
Gross Block143.2844.1079.2379.2379.22178.07179.24179.75180.84183.19
Accumulated Depreciation100.243.385.938.9611.18111.75113.87116.44118.82120.68
CWIP 0.050.570.98000000.960
Investments 3.133.133.133.133.133.133.133.1300
Inventories51.4657.4040.100.440.0312.7118.4216.1021.1726.44
Trade Receivables112.4279.4049.381.824.185.4112.9415.6917.6623.05
Cash Equivalents 2.893.852.170.095.120.660.040.940.220.23
Others Assets 29.4047.5649.586.017.4412.8511.3111.528.086.55
Total Assets 242.38232.61218.6481.7587.94101.08111.22110.68110.12118.79

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 30.0814.9213.0315.02013.46-10.549.03-14.572.99
PBT 0.18-13.10-36.77-136.9005.981.802.611.532.36
Adjustment 23.3720.5618.0329.1202.153.165.176.316.28
Changes in Working Capital 6.567.4831.79122.7605.33-15.51.24-22.41-5.65
Tax Paid -0.03-0.02-0.020.04000000
Cash Flow From Investing Activity + -0.56-1.290.621.030-0.42-1.18-0.50-2.02-1.79
Capex 0.050.130.880.010-0.42-1.18-0.50-1.10-0.27
Net Investments 0000000000
Others -0.61-1.42-0.271.020000-0.92-1.52
Cash Flow From Financing Activity + -30.12-13.38-13.63-17.030-17.5111.10-7.6316.33-1.19
Net Proceeds from Shares 00000-16.859.7501.250
Net Proceeds from Borrowing -9.57-2.90000-2.952.424.572.06-0.43
Interest Paid -14.70-14-13.30-2.9300-1.05-2.60-3.99-4.08
Dividend Paid 0000000000
Others -5.853.52-0.34-14.1002.29-0.03-9.6017.013.33
Net Cash Flow -0.590.240.01-0.980-4.46-0.620.90-0.260.01

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)0.41-33.04-160.42N/A0-10.18-4.79-15.7258.32.62
ROCE (%)13.822.8-13.39N/A449.988.934.378.166.616.28
Asset Turnover Ratio1.290.910.520.0200.40.90.730.740.76
PAT to CFO Conversion(x)231.38N/AN/AN/A0N/AN/AN/A-0.561.92
Working Capital Days
Receivable Days125.70161.90200.103,183.402,673.7046.303564.4074.9085.60
Inventory Days71.5091.90151.502,520.10205.4061.5059.3077.7083.70100.20
Payable Days191.10207219.50387.400147.5085.507340.2039.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.280.280.280.280.280.280.280.280.280.28
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Govind Rubber Ltd FAQs

The current trading price of Govind Rubber on 22-May-2023 18:01 is ₹2.78.

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 21-May-2023 the market cap of Govind Rubber stood at ₹6.07 Cr

The latest P/E ratio of Govind Rubber as of 21-May-2023 is 0.04.

The latest P/B ratio of Govind Rubber as of 21-May-2023 is 0.12.

The 52-week high of Govind Rubber is ₹2.78 and the 52-week low is ₹2.52.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Govind Rubber is ₹0.41 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Govind Rubber Ltd is a average quality company.

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

No data found

About Govind Rubber Ltd

Govind Rubber Ltd. (GRL) was established in the year 1981.Over the years,GRL operations have been grown multifold. Presently,it has a work force of over 6,000 persons and an installed production capacity of over 60,000 Metric Tones per anum.

Govind Rubber is a part of a big Industrial group called Siyaram Poddar Group (SPG). The group is engagged in the business of diverse products like Tires,Textiles and Paper products.

GRL Tire range in ‘International’ brand is reckoned for high degree quality consistency.It has earned customer confidence and goodwill in international and domestic markets with prestigious OEM's and in replacement markets,worldwide.The development of new sizes,profiles and special types of Tires is an ongoing in-house activity. The research and development department has its own fully equipped laboratory for conducting checks and controls where stingent tests are conducted and findings can be traced for each batch.

Govind's mission is to achieve Industry Leader status in special niche markets by continuously improving on its tires through its fully developed Research and Development Labs, while recognising the requirements in consonance with its customers.

The Motto of Govindis to Extend Tire Life,Reduce Down Time,Improve Performance and Safety and thereby reduce the consumers operating cost i.e. 'more miles from smiles'TM

Govind was founded by late Mr.M.P.Poddar a true visionary who always thought of globalization of operations.With reliability of quality,service and on time delivery while keeping a constant eye on Research and Development,being the cornerstones of his working principles. As a result Govind Rubber Limited has made exclusive and strategic agreements/arrangements in the USA,Europe,Middle East & Far East to cater to its wide customer base.

They invite equipment manufactures/dealers to discuss with us on how we can jointly develop Tires for their special applications. Come contact us today and see how we can make a difference to your business.

Product range of the company includes

GRL manufactures Auto Tires in Nylon Cross Ply(Bias Type) for 
  • Mining
  • Skid Steer
  • Forklifts
  • Light trucks
  • Trailors
  • Pickup Vans
  • Motorcycles
  • Scooters & Moped 
  • Trailer
  • Tractor
  • Farm etc
Company also manufactures Tubes and Tube valve

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