1. Is Garware Marine Industries Ltd a good quality company?
Data is not available for this company.
2. Is Garware Marine Industries Ltd undervalued or overvalued?
The key valuation ratios of Garware Marine Industries Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
3. Is Garware Marine Industries Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Garware Marine Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||-0.3%||-73%||-11.2%||-6.8%||-7.1%||-0.4%||3.4%||1.6%||2.8%||0.2%||-|
|Value Creation Index ⓘ||-1.0||-6.2||-1.8||-1.5||-1.5||-1.0||-0.8||-0.9||-0.8||-1.0||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-82.9%||-22.5%||-6.5%||-24.1%||30.7%||8.7%||-10.4%||16.1%||21.5%||-|
|Adj EPS ⓘ||-0.2||-10.3||-1.6||-0.7||-1.1||-0.1||0.4||0.1||0.3||0||-0.4|
|YoY Gr. Rt. %||-||NA||NA||NA||NA||NA||NA||-63.2%||78.6%||-92%||-|
|BVPS (₹) ⓘ||16.8||11.1||13||9.8||18.4||13||10.9||8.8||10||19.4||21.1|
|Adj Net Profit ⓘ||-0.1||-6||-0.9||-0.4||-0.6||-0.1||0.2||0.1||0.1||0||0|
|Cash Flow from Ops. ⓘ||0.1||-6.2||-0.7||-0.4||-0.4||-0.2||0.3||0||0.2||0.1||-|
|Debt/CF from Ops. ⓘ||0.1||0||0||0||0||0||0||0||0||0||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||NA||NA||-62.5%||-92%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||-1.3||-74||-11.7||-7.5||-7.6||-0.7||3.2||1.4||2.6||0.2||-1.8|
|Op. Profit Mgn % ⓘ||-1.9||-462||-83.5||-63.2||-54.9||17||18.2||7.9||11.3||0.9||-14.1|
|Net Profit Mgn % ⓘ||-1.4||-372.7||-75.4||-36.4||-69.8||-5.1||17.5||7.1||10.9||0.9||-14.5|
|Debt to Equity ⓘ||0||0||0||0||0||0||0||0||0||0||0|
|Working Cap Days ⓘ||320||1,564||2,191||1,562||1,977||1,571||1,472||1,602||1,373||1,109||1,214|
|Cash Conv. Cycle ⓘ||229||1,149||1,463||1,264||1,614||1,267||1,243||1,441||1,231||982||1,155|
Sales growth is good in last 4 quarters at 11.44%
Return on Equity is Poor
Sales growth has been subdued in last 3 years 0.00%
|TTM EPS (₹)||-0.4||-|
|TTM Sales (₹ Cr.)||1.4||-|
|BVPS (₹.) ⓘ||21.1||-|
|Reserves (₹ Cr.) ⓘ||6||-|
|From the Market|
|52 Week Low / High (₹)||6.85 / 19.49|
|All Time Low / High (₹)||0.60 / 67.85|
|Market Cap (₹ Cr.)||6.4|
|Equity (₹ Cr.)||5.8|
|Face Value (₹)||10|
|Industry PE ⓘ||24.1|
Garware Marine Industries was promoted by the Late Padma Bhushan B D Garware, founder of the Garware Group of Companies.
Garware Marine Industries (GMIL) is a public limited company incorporated in 1975 as Modern Nets Ltd. The name was subsequently changed to Garware Marine Industries Ltd. in 1981. The shares of the company are listed on the Bombay Stock Exchange Limited.
The company has been engaged in the manufacture and marketing of fishing nets for over 3 decades and is catering to the needs of large number of fishermen throughout the Indian sub-continent.
The company has an extremely sound marketing network for its products.The company's factory is located at Ahmednagar in Maharashtra. The products manufactured by the company are well accepted in Indian markets and Internationaly and even command a premium over other manufacturers products in view of the exceptional quality and services.
There are 24 net making machines made by world famous companies - Toyo and Amita, Japan; in the state-of-the art factory at Ahmednagar. GMIL has its own Twisting Division in the same factory to produce Twine for captive consumption. The company, at present is producing 30 tonnes of nets per month. Total turnover of the company for the year is over Rs 100 million.
The company also has Ship Repair Division which employs 5 qualified Engineers / Fitters.
The company is registered with Director General of Foreign Trade and has been exporting its products for the last few years. The company's products have been accepted in the international market.
Products offered by the company:
The company is involved in the manufacture and marketing of fishing nets made from nylon yarn. The companyâ€™s range of manufacture stretches from 210 Denier / 2 ply to 36 ply / from a minimum 10 mm to 400 mm Mesh sizes and upto maximum 600 MD Mesh Depth. Single Knot and Double Knot can be provided on order for certain construction sizes.