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GKB Ophthalmics Ltd (GKB)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533212 NSE: GKB Medical Equipment/Supplies/Accessories | Small Cap | GKB Ophthalmics Share Price

₹64.07 -0.93 (-1.43%)

As on 29-Sep'26 16:59

GKB Ophthalmics Ltd (GKB)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533212 NSE: GKB Medical Equipment/Supplies/Accessories | Small Cap | GKB Ophthalmics Share Price

₹64.07 -0.93 (-1.43%)

As on 29-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹32 Cr.
Current Price
₹64.1
52-Week Low / High
₹45 / 77
TTM EPS
₹6.4
TTM Sales
₹150 Cr.
Book Value per Share
₹108.6
P/E Ratio
9.96
Industry PE
126.3
Price to Book (P/B)
0.59
Lower than its 5-year historical median
Price to Sales (P/S)
0.22
Lower than its 5-year historical median
EV/EBITDA
3.01
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
5.77%
Underperforms industry median
Return on Capital Employed (ROCE)
8.82%
Underperforms industry median
Return on Assets (ROA)
2.28%
Operating Profit Margin
5.8%
Net Profit Margin
2.03%
Gross Profit Margin
5.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-21.71%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
51.15%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹50 Cr.
Equity
₹5 Cr.
Face Value
₹10
All Time Low / High
₹12.25 / 209.20

GKB Ophthalmics stock performance

Key Ratios
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M-Cap below 100cr DeciZen not available

Q.1 Is GKB Ophthalmics Ltd a good quality company?
GKB Ophthalmics Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does GKB Ophthalmics Ltd performance compare with that of its Peers?
Q.1 Revenue growth of GKB Ophthalmics Ltd vs industry peers?
GKB Ophthalmics Ltd revenue CAGR is 21.25%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of GKB Ophthalmics Ltd?
Promoters hold 51.15% of the GKB Ophthalmics Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of GKB Ophthalmics Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -5.9% based on the current price.

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)

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

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ6.5%-4.1%-4.6%-6.3%-2.1%-2.2%-3.8%-4.8%-11.7%-4.9%-
Value Creation
Index ⓘ
-0.5-1.3-1.3-1.5-1.2-1.2-1.3-1.4-1.8-1.4-

Growth Parameters ⓘ

Sales ⓘ38.336.930.525.621.327.127.731.232.825.623
Sales YoY Gr.--3.7%-17.5%-16.1%-16.5%26.8%2.5%12.4%5%-21.7%-
Adj EPS ⓘ-3.4-6.4-8.1-8.5-2.9-4.7-5.9-7-12.1-6.3-3.8
YoY Gr.-NANANANANANANANANA-
BVPS (₹) ⓘ71.264.968.569.96560.354.647.635.128.427.4
Adj Net
Profit ⓘ
-1.4-2.7-3.8-4.3-1.5-2.4-3-3.5-6.1-3.2-2
Cash Flow from Ops. ⓘ-4.2-3.75.36.12.12.3-1.11.4-5-1.5-
Debt/CF from Ops. ⓘ-1.7-2.71.91.65.75-9.88.1-3.6-6.4-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ-4.4%3.7%-2.6%-21.7%
Adj EPS ⓘNANANANA
BVPSⓘ-9.7%-15.3%-19.6%-18.9%
Share Price -7% -6.7% -14.1% -4.8%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
-4.9-9.4-12.2-12.3-4.3-7.4-10.3-13.6-29.4-19.8-13.7
Op. Profit
Mgn % ⓘ
-1.1-2.7-3.3-2.9-1.3-1.5-4-4.1-10.6-11.6-11.5
Net Profit
Mgn % ⓘ
-3.7-7.2-12.3-16.8-6.9-8.7-10.8-11.2-18.7-12.4-8.3
Debt to
Equity ⓘ
0.20.40.30.30.40.40.40.510.7-
Working Cap
Days ⓘ
236275328355383287258230234312109
Cash Conv.
Cycle ⓘ
1481821901281449078647296-49

Valuation of GKB Ophthalmics - Consolidated

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!

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales74.0877.4257.1658.5356.8870.9475.4788.25108.99149.06
Operating Expenses ⓘ + 72.2576.0856.0256.4054.9666.0971.7987.67111.77140.44
Manufacturing Costs10.3910.576.125.565.055.546.745.785.865.22
Material Costs50.0152.1635.5737.1037.0644.8547.4059.7473.45105.40
Employee Cost 8.628.989.278.107.869.4911.1513.7617.2616.11
Other Costs ⓘ 3.234.365.065.634.996.206.498.4015.2013.72
Operating Profit ⓘ 1.831.341.142.141.924.853.690.58-2.788.62
Operating Profit Margin (%) 2.5%1.7%2.0%3.7%3.4%6.8%4.9%0.7%-2.6%5.8%
Other Income ⓘ + 1.300.492.180.502.431.150.921.511.332.24
Exceptional Items ⓘ 2.53000-0.720000-1.79
Interest ⓘ 1.291.271.481.462.031.481.671.902.372.67
Depreciation ⓘ 1.431.703.543.623.142.672.832.903.093.24
Profit Before Tax ⓘ 2.94-1.14-1.70-2.45-0.931.950.14-2.78-6.733.10
Tax ⓘ 0.36-0.17-0.480-0.1800.020.210.350.08
Profit After Tax 2.59-0.97-1.22-2.45-0.751.940.12-2.98-7.083.03
PAT Margin (%) 3.5%-1.3%-2.1%-4.2%-1.3%2.7%0.2%-3.4%-6.5%2.0%
Adjusted EPS (₹)6.2-2.3-2.4-3.7-1.82.5-0.3-5.6-14.02.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 46.7944.9451.9059.2562.6563.1062.6959.7752.0452.83
Share Capital ⓘ 4.154.154.645.045.045.045.045.045.045.04
Reserves ⓘ 42.6340.7947.2654.2157.6158.0657.6554.734747.79
Debt +7.129.8814.0515.1211.3211.2410.8211.0412.568.76
Long Term Debt0.070.020011.621.171.053.081.57
Short Term Debt7.059.8614.0515.1210.329.629.659.999.487.19
Minority Interest00003.654.324.64.434.42.05
Trade Payables23.1824.0321.1823.7723.7825.5723.7933.0939.2956.29
Others Liabilities ⓘ 8.434.1310.047.859.159.6813.929.9020.8616.15
Total Liabilities ⓘ 85.5182.9897.17105.99110.56113.90115.82118.24129.14136.09

Fixed Assets

Net Fixed Assets ⓘ +17.6018.3425.8526.3323.7522.6519.0418.2217.0315.01
Gross Block35.6437.5448.4152.6245.7846.7746.0348.0348.9050.31
Accumulated Depreciation18.0319.2022.5626.2922.0224.122729.8231.8735.30
CWIP ⓘ 0.570.24001.233.413.953.913.913.78
Investments ⓘ 3.480.370.541.152.081.971.891.832.011.95
Inventories30.8332.0127.7330.4235.4137.7038.7440.0250.3854.63
Trade Receivables24.7227.4623.5424.9219.4819.5127.7428.4025.4944.87
Cash Equivalents 2.842.5510.0413.8717.2816.4014.4517.8413.824.90
Others Assets ⓘ 5.462.019.469.3011.3212.2510.028.0316.5010.95
Total Assets ⓘ 85.5182.9897.17105.99110.56113.90115.82118.24129.14136.09
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + -3.41-2.663.923.276.865.07-2.774.22-3.43-3.81
PBT ⓘ 2.94-1.14-1.58-1.84-0.931.950.14-2.78-6.733.10
Adjustment ⓘ 0.253.673.964.953.303.523.893.909.364.70
Changes in Working Capital ⓘ -5.29-5.081.560.174.52-0.32-6.643.28-5.93-11.27
Tax Paid ⓘ -1.30-0.12-0.03-0.01-0.04-0.08-0.16-0.19-0.14-0.34
Cash Flow From Investing Activity ⓘ + 3.751.34-9.89-3.73-16.78-3.521.43-1.712.559
Capex -5.98-1.86-9.97-3.75-5.99-4.630.99-2.03-2.11-0.90
Net Investments 9.383.11-0.06-0-10.810.98-1.63-2.513.768.55
Others ⓘ 0.340.090.130.020.030.122.072.830.901.35
Cash Flow From Financing Activity ⓘ + -1.331.3713.134.302.77-1.66-2.19-1.640.67-5.55
Net Proceeds from Shares ⓘ 007.554.657.9800000
Net Proceeds from Borrowing ⓘ -0.07-0.07-0.050.031.600.48-0.56-0.073.52-0.55
Interest Paid ⓘ -1.29-1.27-1.46-1.44-2-1.45-1.65-1.91-2.34-2.71
Dividend Paid ⓘ 000000-0000
Others ⓘ 0.032.717.101.06-4.80-0.700.030.34-0.51-2.29
Net Cash Flow ⓘ -0.990.047.163.84-7.15-0.12-3.530.87-0.21-0.35
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)5.65-2.12-2.52-4.41-1.233.090.18-4.87-12.665.77
ROCE (%)7.990.25-0.34-1.381.484.582.44-1.2-6.328.82
Asset Turnover Ratio0.990.930.630.580.530.630.660.750.881.12
PAT to CFO Conversion(x)-1.32N/AN/AN/AN/A2.61-23.08N/AN/A-1.26
Working Capital Days
Receivable Days99.80122.20162.80151.10142.40100.30114.20116.1090.2086.10
Inventory Days124.40147.20190.80181.30211.20188.10184.80162.90151.40128.60
Payable Days127165.20231.90221.10234.20200.80190173.80179.90165.50

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GKB Ophthalmics Ltd FAQs

The current trading price of GKB Ophthalmics on 29-Sep-2026 16:59 is ₹64.07.

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 28-Sep-2026 the market cap of GKB Ophthalmics stood at ₹32.29 Cr

The latest P/E ratio of GKB Ophthalmics as of 28-Sep-2026 is 0.00.

The latest P/B ratio of GKB Ophthalmics as of 28-Sep-2026 is 2.34.

The 52-week high of GKB Ophthalmics is ₹76.90 and the 52-week low is ₹45.25.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of GKB Ophthalmics is ₹23.27 ( Cr.) .

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

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

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

About GKB Ophthalmics Ltd

GKB Ophthalmics Limited is a public limited company domiciled in India and was incorporated on December 10, 1981 under the provisions of the Companies Act, 1956. Its registered and principal office of business is located at 16-A, Tivim Industrial Estate, Mapusa, Goa, India.

Business area of the company

The Company is engaged in the business of manufacturing and supply of semi - finished plastic lenses. It has manufacturing facilities at Tivim Industrial Estate, Mapusa - Goa.

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