GG Automotive Gears Ltd - Stock Valuation and Financial Performance

BSE: 531399 | NSE: | Engineering - Industrial Equipments | Small Cap

GG Automotive Gears Ltd Share Price

99.50 -1.00 -1.00%
as on 23-Feb'24 16:59

DeciZen - make an informed investing decision on GG Automotive Gears

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GG Automotive Gears stock performance -

mw4me loader
P/E Ratio (SA):
21.79
Market Cap:
82 Cr.
52-wk low:
28.3
52-wk high:
145.8

Is GG Automotive Gears Ltd an attractive stock to invest in?

1. Is GG Automotive Gears Ltd a good quality company?

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

2. Is GG Automotive Gears Ltd undervalued or overvalued?

The key valuation ratios of GG Automotive Gears Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is GG Automotive Gears Ltd a good buy now?

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

10 Year X-Ray of GG Automotive Gears:

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.
GG Automotive Gears Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 5%4.1%3.3%6%10.9%10.7%7.5%-2.2%4.2%7.5%-
Value Creation
Index
-0.6-0.7-0.8-0.6-0.2-0.2-0.5-1.2-0.7-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 25.722.221.628.142.354.756.130.147.577.388
Sales YoY Gr.--13.9%-2.7%30.4%50.6%29.3%2.5%-46.4%58.1%62.7%-
Adj EPS 0.90.60.513.54.42.1-3.10.52.84.5
YoY Gr.--38.3%-19%117%246.1%23.8%-51%-244.9%NA420.4%-
BVPS (₹) 16.917.517.818.821.626.228.325.225.828.233.6
Adj Net
Profit
0.70.50.40.82.83.51.7-2.50.42.24
Cash Flow from Ops. 3.60.92.85.35.81.411.22.74.75-
Debt/CF from Ops. 2.87.22.32521.42.29.76.76.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13%12.8%11.3%62.7%
Adj EPS 12.9%-4.5%9.5%420.4%
BVPS5.9%5.5%-0.2%9.5%
Share Price - - - 236.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
5.73.42.75.617.518.37.9-11.62.110.414.6
Op. Profit
Mgn %
13.910.310.211.219.116.915.26.412.210.410.9
Net Profit
Mgn %
2.92.11.72.96.66.33-8.20.92.94.3
Debt to
Equity
0.80.50.50.71.71.41.11.31.61.5-
Working Cap
Days
20320419115915217420030117212868
Cash Conv.
Cycle
1071081048350454670605319

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.60%

Sales growth is growing at healthy rate in last 3 years 11.27%

Sales growth is good in last 4 quarters at 27.42%

Net Profit has been subdued in last 3 years 9.50%

Debt to equity has increased versus last 3 years average to 1.52

Latest Financials - GG Automotive Gears Ltd.

Standalone Consolidated
TTM EPS (₹) 4.5 -
TTM Sales (₹ Cr.) 88.4 -
BVPS (₹.) 33.6 -
Reserves (₹ Cr.) 20 -
P/BV 2.93 -
PE 21.79 -
From the Market
52 Week Low / High (₹) 28.30 / 145.80
All Time Low / High (₹) 2.40 / 145.80
Market Cap (₹ Cr.) 82
Equity (₹ Cr.) 8.3
Face Value (₹) 10
Industry PE 47

Management X-Ray of GG Automotive Gears:

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 GG Automotive Gears

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Balance Sheet

(All Figures are in Crores.)

Profit And Loss

(All Figures in Cr. Adjusted EPS in Rs.)

Cash Flow

(All Figures are in Crores.)

GG Automotive Gears Ltd Stock News

GG Automotive Gears Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of GG Automotive Gears on 23-Feb-2024 16:59 is ₹99.50.
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 23-Feb-2024 16:59 the market cap of GG Automotive Gears stood at ₹82.02.
The latest P/E ratio of GG Automotive Gears as of 23-Feb-2024 16:59 is 21.79.
The latest P/B ratio of GG Automotive Gears as of 23-Feb-2024 16:59 is 2.93.
The 52-week high of GG Automotive Gears is ₹145.8 and the 52-week low is ₹28.30.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of GG Automotive Gears is ₹88.41 ( Cr.) .

About GG Automotive Gears Ltd

GG Automotive Gears (GGAG) was established in February 1974 for manufacturing gearbox housings for automobile load carriers. In 1979, a need arose in Indian Railways to indigenise gears and pinions of electric locomotives.

GGAG proposed to meet the requirement and started heading towards the development of gears and pinions for Indian Railways.

The company succeeded in introducing its first product to Western the Railway and then to Central Railway in September 1981, the Eastern Railway in the year 1982, Southern Railway in 1983 and other zonal railways also joined to form an unending association thereafter.

In September 1995, India’s diesel-electric locomotive manufacturer Chittaranjan Locomotive Works (CLW) recognised and certified GGAG as a quality loco gear manufacturer and honoured it with its valued order.

Today GGAG is the only major supplier catering to 90% requirement for all kinds of gears and pinions. In due course, the company evolved itself as the most reliable manufacturer of gears and pinions for diesel locomotives for all zonal railways and OEM diesel locomotive works.

The company has managed to achieve the coveted DIN EN ISO 9002:1994 certification.

G G Automotive Gears caters to clients including Chittaranjan Locomotive Works, Chittaranjan, Diesel Locomotive Works, Bharat Heavy Electrical, Quebec Gear Work, Alstom Australia, Uranium Corporation of India, Jawaharlal Nehru Port Trust, Larsen & Turbo, Ruchi Soya Industries, Mumbai Vippy Solvex, George Oakes, Ceat and many more.
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