What is CAGR? What does CAGR table indicate for Gratex Industries Ltd?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Gratex Industries Ltd Stock Analysis

Q: Is Gratex Industries Ltd a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Gratex Industries Ltd and arrived at the following conclusion.

Small Cap

Evaluated by 64 users | BSE: 526751 | NSE: |
Paper & Paper Products

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

What is a Financial Track Record? How to read this chart in order to understand the data present here?

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

	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Capital Employed	5.48%	2.91%	7.02%	16.73%	0.17%	5.66%	7.42%	7.22%	3.19%	5.58%

Growth Parameters	Growth Parameters Colour Code Guide

Net Sales (Rs. Cr.)	4.1	5.3	5	7.3	0.8	1.3	1.2	2	3.4	3.5
Y-o-Y Gr. Rt.	-	28.2%	-6.1%	46.8%	-89%	57.5%	-4%	64.5%	68.3%	3.6%
Adjusted EPS (Rs.)	0.48	0.22	0.62	1.61	0.01	0.47	0.63	0.71	0.25	0.53
Y-o-Y Gr. Rt.	-	-54.2%	181.8%	159.7%	-99.4%	4600%	34%	12.7%	-64.8%	112%
Book Value per Share (Rs.)	8.53	8.72	8.62	9.4	8.49	8.22	8.89	9.63	9.64	10.18
Adjusted Net Profit	0.2	0.1	0.2	0.5	0	0.1	0.2	0.2	0.1	0.2
Net Op. Cash Flow (Rs. Cr.)	-0.1	0.8	0	0.1	0.1	0.1	0	0.1	0.5	0.1
Debt to Cash Flow from Ops	-4.37	0.38	0	3.14	0.28	0.81	3.67	6.33	0.33	1.1

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Gratex Industries Ltd. ?

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

Gratex Industries Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Net Sales	-1.9%	34.1%	42.1%	3.6%
Adjusted EPS	1.1%	121.2%	-5.6%	112%
Book Value per Share	2	3.7	4.6	5.6
Share Price	3.5%	6.5%	3.8%	19.3%

Key Financial Parameter	Performance Ratio Colour Code Guide

	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Equity (%)	5.59	2.47	7.06	17.89	0.06	5.64	7.36	7.63	2.56	5.36
Operating Profit Margin (%)	5.76	6.42	12.35	8.41	21.95	27.74	23.91	19.65	8.14	10.75
Net Profit Margin (%)	3.56	1.25	3.78	6.73	0.2	11.36	15.78	10.77	2.24	4.65
Debt to Equity	0.13	0.12	0.12	0.11	0.02	0.02	0.02	0.16	0.05	0.04
Working Capital Days	250	247	384	219	968	515	569	413	258	248
Cash Conversion Cycle	116	126	255	132	678	430	535	384	229	221

Management X-Ray

Shareholding Pattern

Entity	Percentage Holding
Promoters	62.12%
Non-Institutions	37.88%

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

FAQs

1. Is Gratex Industries Ltd a good quality company?

Data is not available for this company.

2. Is current market price of Gratex Industries Ltd a good price to buy it?

The 5-year analysis of Gratex Industries Ltd's performance infers:

Gratex Industries Ltd earnings have grown by 121.2%, whereas share price has appreciated 6.5% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

3. What is Gratex Industries Ltd share price return in the past 10 years ?

We analysed the performance of Gratex Industries Ltd share prices over the last 10 years. Here is what we found out:

Gratex Industries Ltd share price has appreciated 6.1% annually over the past ten years.

About Company

Gratex Industries was incorporated in the state of Maharashtra on Feb 23, 1984 as a private limited company under the name of Gratex Decorative Industries. The company was converted into a public limited company by passing a special resolution on Oct 7, 1992 and obtained certificate of change of name on November 5th 1992. The name was changed from Gratex Decorative Industries to Gratex Industries on 9th day of March 1993 under the companies act. The main objects of the company are fully set

The facilities of the company are located at Gratex house, Thane Belapur road, Khairne, New Bombay in the state of Maharashtra.

Against company's installed capacity of 84 000 vinyl rolls and1 80 000 non-vinyl rolls p.a. it had manufactured 72000 vinyl rolls and 36 000 non-vinyl during the year 93-94. For lack of demand, the company has discontinued manufacture of non- vinyl rolls as such there is ideal capacity available which can also be utilized for production of vinyl rolls.

The company intends to expand its vinyl capacity to 2 10 000 rolls per annum. The expansion unit will be located at the existing premises situated at Gratex house, Thane Belapur road, Khairne, New Bombay. The cost of the expansion project has been estimated at Rs 225 lakh. The proposed expansion will increase the installed capacity from 84000 rolls p.a. to 2,10,00 rolls p.a. for vinyl and no change in the non-vinyl capacity.

Product

The company is manufacturer of vinyl rolls (decorative and printing paper).

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