Greenearth Resources and Projects Ltd - Stock Valuation and Financial Performance

BSE: 533016 | NSE: AUSTRAL | Industrial Gases & Fuels | Small Cap

Greenearth Resources Share Price

0.24 0.00 0.00%
as on 13-Dec'21 18:01

DeciZen - make an informed investing decision on Greenearth Resources

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Greenearth Resources and Projects stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
7 Cr.
52-wk low:
0.2
52-wk high:
0.2

Is an attractive stock to invest in?

1. Is a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Greenearth Resources and Projects Ltd is a below average quality company.

2. Is undervalued or overvalued?

The key valuation ratios of Greenearth Resources and Projects Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is a good buy now?

No data found

10 Year X-Ray of Greenearth Resources:

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.
Greenearth Resources and Projects 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'10Mar'11Dec'11Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
ROCE % 2.3%-57.6%-59.5%-14.8%-65.7%-89.1%-142.8%126%-47.4%-143.6%-
Value Creation
Index
-0.8-5.1NANANANANA8.0NANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 27219520.237.620.58.70.40.30.20.10
Sales YoY Gr.--28.2%-89.7%86.3%-45.4%-57.8%-95.4%-25%-50%-60%-
Adj EPS -0.2-10.1-8.4-0.8-2.7-1.2-0.70.4-0.2-0.3-0.3
YoY Gr.-NANANANANANANA-150%NA-
BVPS (₹) 14.14-2.7-2.4-7.4-8.6-9.3-8.8-9-9.3-9.4
Adj Net
Profit
-5.6-293-243-22.6-79.3-35.4-18.912.8-6.3-8.4-8
Cash Flow from Ops. 45-63.923.7-0.9-6.1-1.40-0.1-0.10-
Debt/CF from Ops. 2.5-4.314.4-232.7-44.8-192.599636.1-3662.7-3955.2-259862.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -60.8%-68.9%-46.9%-60%
Adj EPS NANANANA
BVPS-195.6%NANANA
Share Price -6.1% 2.7% 4.6% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'10Mar'11Dec'11Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
Return on
Equity %
-1.3-107.9-541.739.452.915.37.3-4.92.43.22.9
Op. Profit
Mgn %
15-118.7-531.3-173-215.5-32.9-352.9-37.733.8-6978.9-7050
Net Profit
Mgn %
-2.1-150.1-1206.5-60.2-386.5-407.9-4733.24268.2-4222.5-14068-13063.5
Debt to
Equity
0.32.4-4.4-3.2-1.3-1.1-1-1.1-1-1-
Working Cap
Days
6708426,2549191,0791,04823,92333,94267,6811,57,3529,168
Cash Conv.
Cycle
733223,7353982408,1379,12518,80148,883-96,736

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

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

Latest Financials - Greenearth Resources and Projects Ltd.

Standalone Consolidated
TTM EPS (₹) -0.3 -1.2
TTM Sales (₹ Cr.) 0.1 8.7
BVPS (₹.) -9.4 -8.9
Reserves (₹ Cr.) -301 -288
P/BV -0.03 -0.03
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 0.24 / 0.24
All Time Low / High (₹) 0.20 / 57.40
Market Cap (₹ Cr.) 7
Equity (₹ Cr.) 29
Face Value (₹) 1
Industry PE 19.3

Management X-Ray of Greenearth Resources:

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 Greenearth Resources

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Dec'11Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Sales271.61195.0115.1346.9920.528.670.400.300.150.06
Operating Expenses 230.97426.6895.63128.2913711.531.810.410.154.25
Manufacturing Costs15.8211.923.343.941.811.470.650.0600
Material Costs197.61260.0325.6946.4025.068.380.47000
Employee Cost 1.761.671.480.960.6300.210.0900
Other Costs 15.78153.0765.1176.98109.501.680.470.260.154.25
Operating Profit 40.65-231.67-80.49-81.30-116.48-2.86-1.41-0.110-4.19
Operating Profit Margin (%) 15.0%-118.0%-531.0%-173.0%-567.0%-32.9%-352.0%-37.7%-2.6%-6,978.9%
Other Income 3.412.2613.6175.552.430.160.01000
Interest 25.3534.556.110.010.0200000
Depreciation 26.0732.65110.7622.4914.1632.6917.4710.206.374.18
Exceptional Items 000000000-0.23
Profit Before Tax -7.37-296.61-183.76-28.25-128.23-35.38-18.87-10.31-6.37-8.60
Tax -2.74-3.78-1.120000-23.1200
Profit After Tax -4.63-292.83-182.64-28.25-128.23-35.38-18.8712.80-6.37-8.60
PAT Margin (%) -1.7%-150.0%-1,206.9%-60.1%-624.0%-407.0%-4,733.2%4,268.2%-4,248.0%-14,338.1%
Adjusted EPS (₹)-0.2-10.1-6.3-1.0-4.4-1.2-0.70.4-0.2-0.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Dec'11Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19

Equity and Liabilities

Shareholders Fund 417.75125.02-57.62-85.86-214.10-249.48-268.72-255.91-262.28-270.89
Share Capital 29.0329.0329.0329.0329.0329.0329.0329.0329.0329.03
Reserves 388.7295.99-86.64-114.89-243.13-278.51-297.75-284.94-291.31-299.92
Minority Interest0000000000
Debt112.85276.45255.83270.68270.87272.12272.50272.45272.46272.47
Long Term Debt112.85276.4542.7942.7942.7942.7942.7942.7942.7942.79
Short Term Debt00213.04227.89228.08229.33229.71229.66229.67229.68
Trade Payables208.47164.11109.2925.6327.1727.2128.8828.7428.7529.18
Others Liabilities 193.74162.7552.3980.7146.9246.9950.5627.4327.4327.43
Total Liabilities 932.82728.33359.89291.15130.8796.8483.2372.7266.3558.20

Fixed Assets

Gross Block312.35355.89237.96237.91237.15237.15237.15237.15237.15237.15
Accumulated Depreciation96.09128.74103.04125.49139.65172.33189.81200.01206.38210.56
Net Fixed Assets216.26227.15134.92112.4297.5064.8147.3437.1430.7726.59
CWIP 66.3326.187.657.157.167.167.167.167.167.16
Investments 74.1572.8872.3872.380.060.060.060.0600
Inventories71.6118.767.043.883.030.950.090.090.090.09
Trade Receivables280.48234.6580.999.819.249.718.248.248.388.33
Cash Equivalents 44.8415.044.033.410.570.560.650.570.570.57
Others Assets179.15133.6752.8882.1013.3013.5919.6919.4419.3815.45
Total Assets 932.82728.33359.89291.15130.8796.8483.2372.7266.3558.20

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Dec'11Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Cash Flow From Operating Activity 44.98-63.8617.77-1.16-6.05-1.410-0.07-0.070
PBT -7.37-296.61-183.76-28.25-128.23-35.38-18.96-10.31-6.37-8.60
Adjustment 48.1065.1621.4722.5584.0932.6217.4710.206.373.95
Changes in Working Capital 4.25167.5984.744.5438.091.341.850.04-0.064.42
Tax Paid 0000000000
Cash Flow From Investing Activity -32.050.010.670.543.230.150.0900.060
Capex -34.06-3.3900.503.1800000
Net Investments 2.011.140.40000000.060
Others 02.260.270.050.040.150.09000
Cash Flow From Financing Activity -14.1034.05-29.45-0.01-0.021.250000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -23.91-34.55-6.11-0.01-0.0200000
Dividend Paid 0000000000
Others 9.8168.60-23.34001.250000
Net Cash Flow -1.17-29.80-11.01-0.63-2.83-0.010.09-0.08-0.010
PARTICULARSMar'10Mar'11Dec'11Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Ratios
ROE (%)-1.13-111.81N/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)3.46-57.4N/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.30.230.030.140.10.080000
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/A-0.01N/AN/A
Working Capital Days
Receivable Days2904823,8073531693998,215000
Inventory Days10185311426184476114227568
Payable Days4262611,9425313841,1850000

Greenearth Resources and Projects Ltd Stock News

Greenearth Resources and Projects Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Greenearth Resources on 13-Dec-2021 18:01 is ₹0.24.
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 13-Dec-2021 18:01 the market cap of Greenearth Resources stood at ₹6.97.
The latest P/E ratio of Greenearth Resources as of 13-Dec-2021 18:01 is 0.00.
The latest P/B ratio of Greenearth Resources as of 13-Dec-2021 18:01 is -0.03.
The 52-week high of Greenearth Resources is ₹0.24 and the 52-week low is ₹0.24.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Greenearth Resources is ₹0.06 ( Cr.) .

About Greenearth Resources and Projects Ltd

Greenearth Resources and Projects, earlier known as Austral Coke & Projects was incorporated in 1994, promoted by Shri Ratan Lal Tamakhuwala and Shri Rishi Raj Agarwal. The flagship company of Gremach Infrastructure Equipments and Projects Ltd is engaged in the manufacture and sale of low ash metallurgical coke and refractory in India.Originally incorporated as NRE Stocknet on 22 April 1994, it got its present name on September 14, 2005. In 2010 the company has changed its name from Austral Coke & Projects Ltd. to Greenearth Resources and Projects Ltd.

LAM coke produced by Austral is used as a reducing agent in blast furnaces for reducing iron ore into hot metal in steel, foundries, zinc smelters, cement and ferro alloy industries.

It also deals in trading of textiles and rentals of construction and earthmoving machineries to medium/large construction companies. Currently it has capacity to produce 375,000 MT coke per annum which is planned to increase up to 525,000 MT per annum by FY’09.Current capacity utilization of LAM Coke plant is 65% of 175,000 MTPA which is expected to increase up to 75% of 525,000 MTPA by FY'09.

The company came up with a public issue in 2008 with an objective to to set up a Rs 78.12-crore 1,50,000-tonne per annum LAM coke plant at Sindhudurg in Maharashtra and a Rs 30.77-crore 8-MW captive power plant at Sindhudurg, to acquire coal mines to bag more prospecting mining licenses at a cost of Rs 40 crore, and prepayment of high cost debt amounting to Rs 2.54 crore.

Products  of the company include

  • Coke-Low Ash Metallurgical Coke (MetCoke) - Hard Coke is actually end product, commonly known as Low Ash Metallurgical Coke. It finds useful applications in steel plants, foundries, blast furnaces, soda ash manufacturing, graphite industry & other chemicals. The raw material for making hard coke is Low Ash Coking Coal sourced mainly from Australian, Chinese and USA coal mines.
  • Refactory - Austral Coke & Projects Limited has set-up a Refractory Division at Bhachau, Bhuj District of Gujarat and has started its manufacturing of Refractory products with cutting-edge technology in a phased manner. The company's refractory is a business division of Austral Coke & Projects Limited a group particularly with a varied  customer base.
  • Power Plant - Power sector is one of the sectors where there is always high demand and less supply by considering the domestic scenario, we noticed that the domestic supply is not adequate to meet domestic demand. Captive power plant using waste heat gases is a proven technology and is extensively adopted by players in the steel value chain.

Group companies

  • Gremach Infrastructure Equipments & Projects Limited
  • Armstrong Infrastructure & Projects Limited
  • Austral Infrastructure Private Limited
  • Gremach Infrastructure Private Limited
  • Wallford IndiaInfrastructure Reality (P) Limited
  • Astra Energy Limited SARL (Guinea)

Other developments:

Austral Coke & Projects Board, at its meeting held on December 10, 2008, decided that the plant location be shifted from Sindhudurg to Lunva, Gujarat, since the company's existing plant is already there. The company possesses sufficient land there. The shift was proposed in conformity with the clause ‘Land & Site Development’ of Prospectus wherein it has been specifically mentioned that management may decide for the relocation of project site to comply the regulatory policies or any other issues.

In same year the company through its subsidiary Astra Mining Limitada, Mozambique, acquired six prospective licenses admeasuring 100,000 hectares in Mozambique. This acquisition will provide raw material security to Austral.

In 2007, Gremach Infrastructure bought 75% stake in 11 coal mines in Mozambique to provide feedstock security for Gremach group firm Austral.

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