Gita Renewable Energy Ltd - Stock Valuation and Financial Performance

BSE: 539013 | NSE: | Power Generation/Distribution | Small Cap

Gita Renewable Share Price

158.20 -3.20 -1.98%
as on 28-Mar'24 16:01

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Gita Renewable Energy stock performance -

mw4me loader
P/E Ratio (SA):
436.62
Market Cap:
65.1 Cr.
52-wk low:
70
52-wk high:
310.3

Is Gita Renewable Energy Ltd an attractive stock to invest in?

1. Is Gita Renewable Energy Ltd a good quality company?

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

2. Is Gita Renewable Energy Ltd undervalued or overvalued?

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

3. Is Gita Renewable Energy Ltd a good buy now?

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

10 Year X-Ray of Gita Renewable:

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.
Gita Renewable Energy 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0.9%-0.1%3.9%-4.5%-8.9%-9%-9.3%-47.9%5%13.9%-
Value Creation
Index
-0.9-1.0-0.7-1.3-1.6-1.6-1.7-4.4-0.60.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4.44.13.1000.40.40.20.20.20
Sales YoY Gr.--7%-25.9%-100%NANA0%-33.3%0%-12.5%-
Adj EPS -1.1-3.83.6-3.5-5.1-4.6-4.2-12.32.890.4
YoY Gr.-NANA-198.1%NANANANANA225.2%-
BVPS (₹) 62.658.861.457.652.748.142.98.538.833.434.1
Adj Net
Profit
-0.4-1.61.5-1.5-2.1-1.9-1.8-5.11.13.70
Cash Flow from Ops. 1.74.2380.706.87.1-23-24.315.2-
Debt/CF from Ops. 31.912.50.11.10000-1.10-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -28.8%NA-16.5%-12.5%
Adj EPS NANANA225.2%
BVPS-6.7%-8.7%-8%-13.8%
Share Price - 98.5% 89.1% 77.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-1.7-6.36-6-9.2-9-9.3-47.911.725.11.1
Op. Profit
Mgn %
79.781-113.40018.811.7-563.7-269-251.9-555.4
Net Profit
Mgn %
-9.8-37.848.600-519.3-484.9-2108.8475.71771164.4
Debt to
Equity
2.22.20.2000001.70-
Working Cap
Days
4,1544,1845,5430040,62237,73946,85328,04815,6992,467
Cash Conv.
Cycle
1,4211,6511,669007,6743,00310,25218,1215,1161,547

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 1.10%

Sales growth has been subdued in last 3 years -16.45%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -62.50%

Latest Financials - Gita Renewable Energy Ltd.

Standalone Consolidated
TTM EPS (₹) 0.4 -
TTM Sales (₹ Cr.) 0.1 -
BVPS (₹.) 34.1 -
Reserves (₹ Cr.) 10 -
P/BV 4.64 -
PE 436.62 -
From the Market
52 Week Low / High (₹) 70.00 / 310.30
All Time Low / High (₹) 4.65 / 328.35
Market Cap (₹ Cr.) 65.1
Equity (₹ Cr.) 4.1
Face Value (₹) 10
Industry PE 20.5

Management X-Ray of Gita Renewable:

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 Gita Renewable

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales4.444.133.06000.360.360.240.240.21
Operating Expenses 0.900.787.090.260.130.290.3214.560.890.74
Manufacturing Costs0.750.600.63000.040.030.040.040.06
Material Costs0000000000
Employee Cost 0000.020.020.030.090.120.190.35
Other Costs 0.150.186.450.240.120.220.1914.400.650.33
Operating Profit 3.543.34-4.03-0.26-0.130.070.04-14.32-0.65-0.53
Operating Profit Margin (%) 79.7%81.0%-131.0%--18.8%11.7%-5,964.9%-269.0%-251.0%
Other Income 0.360.330.331.080.0800.150.183.038.66
Interest 1.702.140.840.350.0300000.27
Depreciation 2.853.692.841.931.941.941.94000
Exceptional Items 0000000000
Profit Before Tax -0.66-2.16-7.38-1.46-2.02-1.87-1.75-14.132.387.86
Tax -0.22-0.60-8.470000000
Profit After Tax -0.43-1.561.09-1.46-2.02-1.87-1.75-14.142.387.86
PAT Margin (%) -9.8%-37.8%35.7%---519.0%-484.0%-5,889.6%991.9%3,742.3%
Adjusted EPS (₹)-1.1-3.82.7-3.5-4.9-4.6-4.2-34.45.819.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 25.7324.1725.2623.6821.6619.7917.653.5115.9513.75
Share Capital 4.114.114.114.114.114.114.114.114.114.11
Reserves 21.6220.0621.1519.5717.5515.6813.53-0.6011.849.64
Minority Interest0000000000
Debt51.9348.921.010000026.440
Long Term Debt51.9348.921.010000026.440
Short Term Debt0000000000
Trade Payables0.800.508.076.0165.953.680.430.680.42
Others Liabilities 12.5411.9538.6135.8635.0135.0135.023500.02
Total Liabilities 91.0185.5472.9665.5462.6660.7556.3538.9443.0714.19

Fixed Assets

Gross Block63.3563.3542.8242.8842.8842.9142.91000
Accumulated Depreciation20.5624.2616.5518.4820.4222.3624.29000
Net Fixed Assets42.7939.0926.2724.4022.4720.5518.62000
CWIP 0000000000
Investments 000000.201.805.1328.915.77
Inventories0000000000
Trade Receivables19.6818.8716.5610.9410.077.180.3718.916.010.43
Cash Equivalents 0.010.040.260.010.0601.486.654.440.08
Others Assets28.5327.5429.8730.2030.0732.8134.088.253.717.91
Total Assets 91.0185.5472.9665.5462.6660.7556.3538.9443.0714.19

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1.744.1838.020.74-0.046.847.12-22.98-24.3015.22
PBT -0.66-2.16-7.38-1.46-2.02-1.87-1.75-14.142.387.86
Adjustment 4.555.8310.012.331.961.941.9412.96-1.770.01
Changes in Working Capital -2.140.5235.39-0.010.016.776.92-21.8-24.917.35
Tax Paid -0.01-0.010-0.13000000
Cash Flow From Investing Activity 3.25110.96-0.480.12-6.90-5.6428.15-4.356.86
Capex 009.42-0.070-0.0205.6500
Net Investments 00000-0.20-2-3.33-11.9513.08
Others 3.2511.54-0.410.12-6.67-3.6525.827.60-6.22
Cash Flow From Financing Activity -5.02-5.15-48.75-0.52-0.0300026.44-26.44
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -3.33-3.01-47.91-0.17000026.44-26.44
Interest Paid -1.70-2.14-0.84-0.35-0.0300000
Dividend Paid 0000000000
Others 0000000000
Net Cash Flow -0.040.030.22-0.260.05-0.061.485.17-2.21-4.36
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-1.67-6.254.41-5.95-8.92-9.02-9.33-133.6324.4752.92
ROCE (%)1.25-0.03-12.31-4.08-8.63-9.02-9.33-133.5910.3728.97
Asset Turnover Ratio0.050.050.04000.010.010.010.010.01
PAT to CFO Conversion(x)N/AN/A34.88N/AN/AN/AN/AN/A-10.211.94
Working Capital Days
Receivable Days1,6711,7052,115008,7453,831005,600
Inventory Days0000000000
Payable Days0000000000

Gita Renewable Energy Ltd Stock News

Gita Renewable Energy Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Gita Renewable on 28-Mar-2024 16:01 is ₹158.2.
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-Mar-2024 16:01 the market cap of Gita Renewable stood at ₹65.06.
The latest P/E ratio of Gita Renewable as of 28-Mar-2024 16:01 is 436.6.
The latest P/B ratio of Gita Renewable as of 28-Mar-2024 16:01 is 4.64.
The 52-week high of Gita Renewable is ₹310.3 and the 52-week low is ₹70.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gita Renewable is ₹0.09 ( Cr.) .

About Gita Renewable Energy Ltd

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