GTN Textiles Ltd - Stock Valuation and Financial Performance

BSE: 532744 | NSE: GTNTEX | Textile - Spinning | Small Cap

GTN Textiles Share Price

11.91 -0.19 -1.57%
as on 12-Apr'24 16:59

DeciZen - make an informed investing decision on GTN Textiles

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GTN Textiles stock performance -

mw4me loader
P/E Ratio (SA):
3.97
Market Cap:
13.9 Cr.
52-wk low:
10
52-wk high:
15

Is GTN Textiles Ltd an attractive stock to invest in?

1. Is GTN Textiles Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that GTN Textiles Ltd is a average quality company.

2. Is GTN Textiles Ltd undervalued or overvalued?

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

3. Is GTN Textiles Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of GTN Textiles 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 GTN Textiles:

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.
GTN Textiles Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 13.8%2.8%-0.3%1.4%4.4%-0%-1%-18.8%-4.6%1.4%-
Value Creation
Index
0.0-0.8-1.0-0.9-0.7-1.0-1.1NANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 28618615311414314213146.383.5100
Sales YoY Gr.--35%-17.8%-25.7%25.7%-0.4%-7.9%-64.7%80.4%-88%-
Adj EPS 4.3-4.1-5.8-4.5-0.3-5.7-6.6-29-11.6-0.53
YoY Gr.--195.3%NANANANANANANANA-
BVPS (₹) 26.223.417.110.38.66.50.2-27.8-39.7-55.1-61.6
Adj Net
Profit
5-4.8-6.8-5.2-0.4-6.7-7.7-33.7-13.5-0.53
Cash Flow from Ops. 20.2017.818.14.17.63.4-7.481.5-
Debt/CF from Ops. 3.41788.93.73.114.67.319.2-9.89.117.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -31.1%-41.3%-57.6%-88%
Adj EPS -178.1%NANANA
BVPS-208.6%-244.9%-816.3%NA
Share Price 7.4% 5.5% 33.6% 7.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
16.9-16.5-28.7-8.4-0.4-6.5-7.8-43.6-25.1-1.4-5.1
Op. Profit
Mgn %
9.34.22.65.79.73.51-18.4-0.9-9NAN
Net Profit
Mgn %
1.7-2.6-4.4-4.6-0.3-4.7-5.8-72.9-16.2-5.3INF
Debt to
Equity
2.32.83.34.75.97.3376-2.2-1.6-0.4-
Working Cap
Days
88133154194152169148231663070
Cash Conv.
Cycle
1942405018115721-70

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -57.59%

Sales growth is not so good in last 4 quarters at -50.00%

Latest Financials - GTN Textiles Ltd.

Standalone Consolidated
TTM EPS (₹) 3 -20
TTM Sales (₹ Cr.) 0 0
BVPS (₹.) -61.6 -72
Reserves (₹ Cr.) -83 -95
P/BV -0.19 -0.17
PE 3.97 0.00
From the Market
52 Week Low / High (₹) 10.01 / 15.00
All Time Low / High (₹) 4.01 / 84.00
Market Cap (₹ Cr.) 13.9
Equity (₹ Cr.) 11.6
Face Value (₹) 10
Industry PE 31.6

Management X-Ray of GTN Textiles:

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 GTN Textiles

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
Sales286.12185.98152.92113.63142.79142.2613146.2683.469.99
Operating Expenses 263.80178.14149.72107.35130.92138.41130.9555.0584.1710.90
Manufacturing Costs24.9826.2826.2019.2623.0422.9023.078.7314.543.76
Material Costs197.06116.7189.3762.9476.4887.4779.3031.1851.473.93
Employee Cost 24.4325.8026.0120.0922.7721.1220.7011.3314.622.38
Other Costs 17.349.358.135.068.636.937.883.803.540.83
Operating Profit 22.327.843.206.2811.873.850.05-8.79-0.71-0.91
Operating Profit Margin (%) 7.8%4.2%2.1%5.5%8.3%2.7%0.0%-19.0%-0.9%-9.1%
Other Income 0.623.150.370.610.430.520.400.250.160.02
Interest 12.9010.899.319.8910.609.498.58910.952.43
Depreciation 6.114.574.183.923.713.293.233.092.980.71
Exceptional Items 000-1.65-0.65-0.04-0.27-2.99-0.750
Profit Before Tax 3.92-4.47-9.91-8.57-2.66-8.45-11.64-23.62-15.24-4.03
Tax 1.97-1.41-2.58-2.27-0.47-1.11-2.9012.39-1.19-3.49
Profit After Tax 1.95-3.06-7.34-6.30-2.18-7.33-8.73-36.01-14.05-0.54
PAT Margin (%) 0.7%-1.6%-4.8%-5.5%-1.5%-5.2%-6.7%-77.8%-16.8%-5.4%
Adjusted EPS (₹)1.7-2.6-6.3-5.4-1.9-6.3-7.5-30.9-12.1-0.5
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 30.5327.2819.95104.32102.36103.0693.9060.8146.9626.93
Share Capital 11.6411.6411.6411.6411.6411.6411.6411.6411.6411.64
Reserves 18.8915.648.3092.6890.7291.4282.2649.1735.3215.29
Minority Interest0000000000
Debt57.3561.3856.1056.2559.7855.7364.2672.3573.1326.03
Long Term Debt26.3722.3714.189.685.123.834.1911.896.608.27
Short Term Debt30.9839.0141.9346.5754.6751.9060.0860.4666.5317.76
Trade Payables44.4823.2046.7045.8352.7148.1631.974.269.023.49
Others Liabilities 24.1821.6514.234.632.853.870.5318.4024.5062.13
Total Liabilities 156.55133.51136.99211.04217.70210.81190.65155.83153.61118.58

Fixed Assets

Gross Block137.50130.82130.84221.19213.62211211.26210.92210.72132.92
Accumulated Depreciation80.7980.1284.2386.5384.3086.4689.6392.7295.4836.89
Net Fixed Assets56.7050.7146.61134.66129.31124.54121.63118.20115.2496.03
CWIP 000000.280000
Investments 19.8519.8519.6519.6519.6519.6519.6519.6519.6519.65
Inventories38.9136.1338.5632.0947.7742.9726.699.218.350.13
Trade Receivables22.4512.9316.6713.7112.2114.1410.962.242.660
Cash Equivalents 6.211.423.223.513.012.576.722.034.330.48
Others Assets12.4212.4712.287.425.756.675.014.503.382.29
Total Assets 156.55133.51136.99211.04217.70210.81190.65155.83153.61118.58

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 20.150.0417.7518.114.107.613.35-7.398.011.49
PBT 3.92-4.47-9.91-6.92-2.01-8.41-11.36-20.63-14.49-21.45
Adjustment 18.3813.7112.0110.1414.4911.711010.7013.555.17
Changes in Working Capital -1.49-8.9315.5616.42-7.374.384.625.469.6817.89
Tax Paid -0.66-0.270.090.12-0.36-0.040.370.060.02-0.11
Cash Flow From Investing Activity -2.181.760.430.430.564.940.260.180.0426.68
Capex -2.661.32-0.030.190.314.71-0.03-0.02-0.0226.66
Net Investments 000.200000000
Others 0.490.440.260.240.260.230.290.190.070.01
Cash Flow From Financing Activity -17.58-3.49-17.67-18.41-5.62-12.151.043.60-9.61-28.06
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -8.28-5.71-6.85-7.50-5.01-1.64-0.015.88-5.900
Interest Paid -11.82-9.67-8.18-8.67-9.15-8.10-7.49-8.21-10.26-0.17
Dividend Paid 0000000000
Others 2.5211.90-2.64-2.258.54-2.428.555.936.54-27.89
Net Cash Flow 0.40-1.680.510.14-0.960.394.66-3.61-1.560.11
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)6.61-10.58-31.07-39.42-19.79-83.01-224.55000
ROCE (%)16.546.34-0.641.7211.51.56-4.78-28-12.810
Asset Turnover Ratio1.871.281.130.650.670.660.650.270.540.07
PAT to CFO Conversion(x)10.33N/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days2535354933343552110
Inventory Days5074891131021169714238155
Payable Days7210614326823521018421247582

GTN Textiles Ltd Stock News

GTN Textiles Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of GTN Textiles on 12-Apr-2024 16:59 is ₹11.91.
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-Apr-2024 16:59 the market cap of GTN Textiles stood at ₹13.86.
The latest P/E ratio of GTN Textiles as of 12-Apr-2024 16:59 is 3.97.
The latest P/B ratio of GTN Textiles as of 12-Apr-2024 16:59 is -0.19.
The 52-week high of GTN Textiles is ₹15.00 and the 52-week low is ₹10.01.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of GTN Textiles is ₹0.00 ( Cr.) .

About GTN Textiles Ltd

GTN Textiles, formerly GTN Industries, was incorporated on March 28, 2005 as a public limited company. As per a scheme of arrangement, the company took over the demerged business of GTN Industries comprising of business activities of the Aluva unit, investment of 39.07% of the paid-up equity share capital of Patspin India along with other assets situated in Mumbai, Kolkata and Coimbatore. The company got its current name with effect from Dec. 27, 2005.

The company produces high quality 100% combed cotton yarns single, twisted and gassed. The company`s Aluva unit is fully modernized and the company has spent over Rs 500 million towards the latest technology to achieve optimum productivity and to produce yarn at par with the international quality standards.

The yarns are manufactured from the world`s best sources of raw cotton like the Egyptian Giza, Americian Supima, Australian cotton, Indian Suvin, MCU5 and Sankar. The company is one of the largest Indian users of Giza and contamination-free cottons like Supima and Australian.

It has been awarded certifications like ISO 14001 for environmental management systems, the Oeko-Tex standard certification for yarn purity and ISO 9001 for quality systems. The company has won export awards from Texprocil.

The company has a major export share in countries like Japan, Italy, South Korea, Taiwan, Mauritius, Austria etc.

 

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