Glittek Granites Ltd Stock Analysis

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

BSE Share Price Jan 17, 18:01
4.41 -0.14 (-3.08%)

DeciZen - Make an Informed Decision on Glittek Granites

M-Cap below 100cr DeciZen not available

10 Year X-Ray:

Analysis of Financial Track Record

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.

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 5.2%6.1%6.9%4.9%4.8%1.9%5.8%1.3%-0.4%-7%-
Value Creation Index -0.6-0.6-0.5-0.7-0.7-0.9-0.6-0.9-1.0NA-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 23.631.639.834.13425.723.821.21814.411
YoY Gr. Rt. %-33.8%26%-14.3%-0.3%-24.6%-7.3%-11%-15%-20.2%-
Adj EPS 0.10.20.30.30.3-00.5-0.2-0.6-1.2-1.6
YoY Gr. Rt. %-66.7%60%-18.8%26.9%-109.1%NA-140.8%NANA-
BVPS (₹) 6.26.576.97.27.27.36.96.55.34.4
Adj Net Profit 0.30.50.80.70.9-0.11.3-0.5-1.4-3.2-4
Cash Flow from Ops. 1.6-1.51.90.40.93.2-1.20.81.41-
Debt/CF from Ops. 8.3-10.78.847.119.84.9-14.921.812.818.5-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -5.4%-15.9%-15.5%-20.2%
Adj EPS -229.6%-230.3%-236.3%NA
BVPS -1.9-6-10.3-18.7
Share Price 10.9% 21% 35.3% 121.6%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 1.934.73.74.7-0.46.7-2.8-8.1-20.7-33.9
Op. Profit Mgn % 14.612.611.69.79.78.210.384.5-13-29.8
Net Profit Mgn % 1.31.62.122.6-0.35.4-2.5-8-22.5-37.2
Debt to Equity 0.80.90.910.90.80.9111.3-
Working Cap Days 2602292162863013874385286167350
Cash Conv. Cycle 2201871782392643553974845746760

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -15.50%

Debt to equity has increased versus last 3 years average to 1.27

Sales growth is not so good in last 4 quarters at -20.25%

Latest Financials - Glittek Granites Ltd.

Standalone Consolidated
TTM EPS (₹) -1.6 -
TTM Sales (₹ Cr.) 11.4 -
BVPS (₹.) 4.4 -
Reserves (₹ Cr.) -2 -
P/BV 1.01 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 1.20 / 5.17
All Time Low / High (₹) 0.50 / 20.00
Market Cap (₹ Cr.) 11.5
Equity (₹ Cr.) 13
Face Value (₹) 5
Industry PE 43.9

Management X-Ray:

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

Analyst's Notes

News

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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