Glittek Granites Ltd Stock Analysis

BSE: 513528 | NSE: | Ceramics/Marble/Granite/Sanitaryware | Small Cap

BSE Share Price 07-Feb-2023 17:27
2.83 -0.14 (-4.71%)

DeciZen - Make an Informed Decision on Glittek Granites

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Glittek Granites Price Chart

P/E Ratio ( SA) :
0.00
Market Cap :
7.7 Cr.
52-wk low :
2.2
52-wk high :
5.5
Bole Toh?

1. Is Glittek Granites Ltd a good quality company?

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

2. Is Glittek Granites Ltd undervalued or overvalued?

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

3. Is Glittek Granites Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Glittek Granites 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 Glittek Granites:

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.
Glittek Granites 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 6.1%6.9%4.9%4.8%1.9%5.8%1.3%-0.4%-7%-4.8%-
Value Creation Index -0.6-0.5-0.7-0.7-0.9-0.6-0.9-1.0-1.5-1.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 31.639.834.13425.723.821.21814.39.210
YoY Gr. Rt. %-26%-14.3%-0.3%-24.6%-7.3%-11%-15%-20.2%-36.1%-
Adj EPS 0.20.30.30.3-00.5-0.2-0.6-1.2-0.9-0.6
YoY Gr. Rt. %-60%-18.8%26.9%-109.1%NA-140.8%NANANA-
BVPS (₹) 6.576.97.27.27.36.96.55.34.43.9
Adj Net Profit 0.50.80.70.9-0.11.3-0.5-1.4-3.2-2.4-2
Cash Flow from Ops. -1.51.90.40.93.2-1.20.81.41.1-1.2-
Debt/CF from Ops. -10.78.847.119.84.9-14.921.812.816.5-17.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -12.8%-18.6%-24.3%-36.1%
Adj EPS -218.8%NANANA
BVPS -4.3-9.3-14-16.3
Share Price 1.7% -4.9% 25.8% -29.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 34.73.74.7-0.46.7-2.8-8.1-20.7-19-15.2
Op. Profit Mgn % 12.611.69.79.78.210.384.5-13.1-3.82.5
Net Profit Mgn % 1.62.122.6-0.35.4-2.5-8-22.5-26.6-16.5
Debt to Equity 0.90.910.90.80.9111.31.7-
Working Cap Days 2292162863013874385286167351,1040
Cash Conv. Cycle 1871782392643553974845746741,0050

Recent Performance Summary

Sales growth is good in last 4 quarters at 14.07%

Return on Equity is Poor

Sales growth has been subdued in last 3 years 0.00%

Debt to equity has increased versus last 3 years average to 1.73

Latest Financials - Glittek Granites Ltd.

Standalone Consolidated
TTM EPS (₹) -0.6 -
TTM Sales (₹ Cr.) 9.9 -
BVPS (₹.) 3.9 -
Reserves (₹ Cr.) -3 -
P/BV 0.76 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 2.17 / 5.49
All Time Low / High (₹) 0.50 / 20.00
Market Cap (₹ Cr.) 7.7
Equity (₹ Cr.) 13
Face Value (₹) 5
Industry PE 38.7

Management X-Ray of Glittek Granites :

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 Glittek Granites

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Glittek Granites Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Glittek Granites on 07-Feb-2023 17:27 is : 2.83.
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 07-Feb-2023 17:27 the market cap of Glittek Granites stood at ₹ 7.71.
The latest PE ratio of Glittek Granites as of 07-Feb-2023 17:27 is 0.00.
The latest PB ratio of Glittek Granites as of 07-Feb-2023 17:27 is 0.76
The 52-week high of Glittek Granites is ₹ 5.49 and the 52-week low is ₹ 2.17.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Glittek Granites is ₹ 9.91 ( Cr.) .

About Glittek Granites Ltd

Glittek Granites is engaged in the processing and sale of granite products in India. The company produces tiles, panels, and slabs for interior and exterior walls, floor cladding, facades, table, and counter tops.

Glittek is the first private sector granite company in India, having associateship agreement for exports marketing of its granite product wih MMTC Ltd, a Government of India undertaking with an annual turnover equivalent to $2600 million, having overseas offices in New York, Berlin, Tokyo, Singapore, Amman, Moscow and Dubai.India has one of the largest granite deposits in the world. Indian granites present the biggest colour range, can take high polish and can withstand weathering more effectively due to their inherent hardness.

These unique qualities have enabled them to carve out a niche in the most discriminating markets around the world. Initially granite export from India was in the form of rough blocks. Now, with the entry of organised companies like Glittek, exports of finished granite products are on the rise.

Glittek's plant is strategically located in the rich granite belt of India to ensure uninterrupted supply of raw materials. Besides an ideal location, Glittek is equipped with the best processing machinery in the world from M/s. Eisenwerk Hensel Bayreuth, Germany.

Strict quality control of products tops Glittek's list of priorities. It therefore engages skilled and highly trained operators to handle its sophisticated quarrying and processing machinery. With an unbeatable combination of natural and technological resources, Glittek is always prepared to serve the world markets.

Glittek is a 100% export oriented project, geared to provide customers in the United States of America, Canada, Australia, New Zealand, Japan, Singapore, the Middle East and the EEC countries with a tailormade product range. Large capacity base, strict adherence to supply schedules and competitive rates, have earned Glittek a prestigious position in global granite markets.

Glittek's granite products, apart from being comparable to the best in the world in strength, polish and elegance - offer a wide range of attractive colours and dimensions to choose from. Their dimension accuracy gives them a distinctive edge. Glittek's range comprises tiles, panels and slabs for interior and exterior walls, floor cladding, facades, table and counter tops, etc.

Product range of the company includes:

  • Tiles
  • Panels
  • Slabs for interior and exterior walls
  • Floor cladding
  • Facades
  • Table
  • Counter tops, etc.

Achievements/ recognition:

  • Glittek is the first private sector granite company in India, having associateship agreement for exports marketing of its granite product wih MMTC Ltd, a Government of India undertaking.
  • Glittek is equipped with the best processing machinery in the world from Eisenwerk Hensel Bayreuth, Germany
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