MoneyWorks4Me

Greenearth Resources and Projects Ltd (AUSTRAL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating 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

Greenearth Resources and Projects Ltd (AUSTRAL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating 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

Key Metrics
Valuation Multiples
Market Cap
₹7 Cr.
Current Price
₹0.2
52-Week Low / High
₹0 / 0
TTM EPS
₹-1.2
TTM Sales
₹8.7 Cr.
Book Value per Share
₹-8.9
P/E Ratio
0.00
Industry PE
24
Price to Book (P/B)
-0.03
Price to Sales (P/S)
0.80
EV/EBITDA
-107.07
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Return on Capital Employed (ROCE)
-89.14%
Return on Assets (ROA)
-31.07%
Operating Profit Margin
-32.9%
Net Profit Margin
-407.91%
Gross Profit Margin
-31%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-60%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
20.87%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-288 Cr.
Equity
₹29 Cr.
Face Value
₹1
All Time Low / High
₹0.20 / 57.40

Greenearth Resources and Projects stock performance

Key Ratios
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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.
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 ⓘ

Mar'10Mar'11Dec'11Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
ROCE % ⓘ3.5%-57.4%-60.2%-14.8%-106.1%-89.1%-142.8%-101.4%-47.7%-146.4%-
Value Creation
Index ⓘ
-0.8-5.1NANANANANA-8.3NANA-

Growth Parameters ⓘ

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. ⓘ45-63.923.7-0.9-6.1-1.40-0.1-0.1-0-
Debt/CF from Ops. ⓘ2.5-4.314.4-232.7-44.8-192.599636.1-3662.7-3955.2-259862.8-

CAGR ⓘ

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 -6.9% 2.7% - -

Key Financial Parameters ⓘ

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

Valuation of Greenearth Resources - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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'08Mar'09Mar'10Mar'11Dec'11Mar'13Mar'14Mar'15
Sales229.67441.49271.61195.0115.1346.9920.528.67
Operating Expenses ⓘ + 152.68312.08231.03426.71242.80189.02137.0111.53
Manufacturing Costs61.4316.1715.8211.923.343.941.811.49
Material Costs86.79290.22197.61260.0325.6946.4025.068.38
Employee Cost 1.842.731.801.671.480.960.630.60
Other Costs ⓘ 2.632.9615.80153.10212.29137.71109.511.06
Operating Profit ⓘ 76.98129.4140.59-231.70-227.67-142.03-116.49-2.86
Operating Profit Margin (%) 33.5%29.3%14.9%-118.0%-1,504.5%-302.0%-567.0%-32.9%
Other Income ⓘ + 6.423.953.412.2613.6175.552.430.16
Exceptional Items ⓘ 00000000
Interest ⓘ 8.2830.0725.3634.556.110.010.020
Depreciation ⓘ 18.2933.9526.0732.65111.2422.4914.1632.69
Profit Before Tax ⓘ 56.8469.34-7.43-296.64-331.42-88.98-128.24-35.38
Tax ⓘ 20.3724.10-2.74-3.78-1.12000
Profit After Tax 36.4745.24-4.70-292.87-330.30-88.98-128.24-35.38
PAT Margin (%) 15.9%10.3%-1.7%-150.0%-2,182.7%-189.0%-625.0%-407.0%
Adjusted EPS (₹)1.91.6-0.2-10.1-11.4-3.1-4.4-1.2
Dividend Payout Ratio (%)5.20%6.40%0%0%0%0%0%0%
PARTICULARSMar'08Mar'09Mar'10Mar'11Dec'11Mar'13Mar'14Mar'15

Equity and Liabilities

Shareholders Fund + 184.53423.13540.81254.43-63.94-158.54-223.68-259.06
Share Capital ⓘ 19.0329.0329.0329.0329.0329.0329.0329.03
Reserves ⓘ 165.50394.10511.78225.40-92.97-187.57-252.71-288.09
Debt +162.54105.01112.85276.45255.83270.68280.43281.68
Long Term Debt162.54105.01112.85276.4542.7942.7942.7942.79
Short Term Debt0000213.04227.89237.64238.89
Minority Interest00.047.0230.72.78000
Trade Payables56.64252.82208.47164.16112.2725.6327.1727.21
Others Liabilities ⓘ 44.96257.66194.33163.3852.3981.3346.9547.02
Total Liabilities ⓘ 448.671,038.661,063.49889.12359.32219.10130.8796.85

Fixed Assets

Net Fixed Assets ⓘ +220.86416.47391.26402.15134.92112.4297.5064.81
Gross Block256.94486.50487.36530.89237.96237.91237.15237.15
Accumulated Depreciation36.0770.0296.09128.74103.04125.49139.65172.33
CWIP ⓘ 18.5333.1366.3326.187.657.157.167.16
Investments ⓘ 1.393.891.880.610.110.110.060.06
Inventories59.0679.2871.6118.767.043.883.030.95
Trade Receivables89.04151.57280.48234.6580.999.819.249.71
Cash Equivalents 3450.8545.0315.274.283.560.580.57
Others Assets ⓘ 25.77303.46206.88191.48124.3382.1613.3013.59
Total Assets ⓘ 448.671,038.661,063.49889.12359.32219.10130.8796.85
PARTICULARSMar'08Mar'09Mar'10Mar'11Dec'11Mar'13Mar'14Mar'15
Cash Flow From Operating Activity ⓘ + 20.209.9156.14-63.8317.78-1.28-6.19-1.41
PBT ⓘ 56.8469.34-7.43-296.64-331.42-88.98-128.24-35.38
Adjustment ⓘ 18.0741.1661.3495.2133.4925.6374.9332.62
Changes in Working Capital ⓘ -53.48-92.652.24137.6173.470.847.121.34
Tax Paid ⓘ -3.58-8.14000000
Cash Flow From Investing Activity ⓘ + -179.13-327.30-32.050.010.670.573.230.15
Capex -178.13-244.16-34.06-3.3900.503.180
Net Investments -0.03-74.762.011.140.40000
Others ⓘ -0.97-8.3802.260.270.080.040.15
Cash Flow From Financing Activity ⓘ + 160.40334.23-29.9034.05-29.45-0.01-0.021.25
Net Proceeds from Shares ⓘ 57.20404.47-15.8000000
Net Proceeds from Borrowing ⓘ 00000000
Interest Paid ⓘ -6.12-11.07-23.91-34.55-6.11-0.01-0.02-0
Dividend Paid ⓘ -0.49-5.40000000
Others ⓘ 109.79-53.779.8168.60-23.34001.25
Net Cash Flow ⓘ 1.4716.84-5.81-29.76-11-0.71-2.98-0.01
PARTICULARSMar'08Mar'09Mar'10Mar'11Dec'11Mar'13Mar'14Mar'15
Ratios
ROE (%)19.915.16-0.99-75.45N/AN/AN/AN/A
ROCE (%)18.8319.892.76-44.97N/AN/AN/AN/A
Asset Turnover Ratio0.510.590.260.20.020.160.120.08
PAT to CFO Conversion(x)0.550.22N/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days141.5099.50290.30482.103,806.70352.70169.40398.60
Inventory Days93.9057.20101.4084.60311.2042.4061.4083.60
Payable Days238.20194.60426261.501,963.70542.40384.501,184.60

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Greenearth Resources and Projects Ltd FAQs

The current trading 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 12-Dec-2021 the market cap of Greenearth Resources stood at ₹6.97 Cr

The latest P/E ratio of Greenearth Resources as of 12-Dec-2021 is 0.00.

The latest P/B ratio of Greenearth Resources as of 12-Dec-2021 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.) .

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

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.

No data found

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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