Gloster Ltd. - (Amalgamated) - Stock Valuation and Financial Performance

BSE: 538595 | NSE: | Textile | Small Cap

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Gloster Ltd. - (Amalgamated) stock performance -

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P/E Ratio (SA):
17.99
Market Cap:
742.7 Cr.
52-wk low:
687.2
52-wk high:
715

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1. Is a good quality company?

Data is not available for this company.

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10 Year X-Ray of Gloster-(Amalgamat):

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
ROCE % 13%6%6.6%6.8%5.8%4%3.4%5.2%4.8%4.4%-
Value Creation
Index
-0.1-0.6-0.5-0.5-0.6-0.7-0.8-0.6-0.7-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 168195306308345335325427504463463
Sales YoY Gr.-16.3%56.8%0.5%12.2%-2.9%-2.9%31.2%17.9%-8.1%-
Adj EPS 7.99.216.717.918.813.910.617.4145.619439.4
YoY Gr.-17.3%80.6%7.3%5.4%-26.2%-24.1%65%736.5%33.2%-
BVPS (₹) 49.156.668.180.396.7106.7113.6133.6372.1614.2125.5
Adj Net
Profit
8.29.717.418.719.714.51118.229.138.841
Cash Flow from Ops. 916.8-22.947.225.319.430.73.973.860.4-
Debt/CF from Ops. 3.41.6-2.81.12.52.91.321.70.50.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 11.9%6.1%12.5%-8.1%
Adj EPS 42.8%59.4%163.9%33.2%
BVPS32.4%44.7%75.5%65.1%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
Return on
Equity %
17.36.16.56.95.83.72.95.34.94.410.7
Op. Profit
Mgn %
1211.211.810.711.58.898.813.818.413.4
Net Profit
Mgn %
4.94.95.76.15.74.33.44.35.88.48.9
Debt to
Equity
0.60.40.90.60.60.50.30.60.50.1-
Working Cap
Days
991079710712216617816616920259
Cash Conv.
Cycle
4753648373848984777830

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Gloster Ltd. - (Amalgamated)

Standalone Consolidated
TTM EPS (₹) 39.4 40.3
TTM Sales (₹ Cr.) 463 463
BVPS (₹.) 125.5 128.5
Reserves (₹ Cr.) 121 124
P/BV 5.66 5.52
PE 17.99 17.61
From the Market
52 Week Low / High (₹) 687.15 / 715.00
All Time Low / High (₹) 37.50 / 793.90
Market Cap (₹ Cr.) 743
Equity (₹ Cr.) 10.5
Face Value (₹) 10
Industry PE 29.4

Management X-Ray of Gloster-(Amalgamat):

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 Gloster-(Amalgamat)

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Sales167.94195.29306.11307.73345.32335.21325.44427.11503.73463.16
Operating Expenses 147.77173.65269.89275.09305.74306.72296.33389.94434.14379.61
Manufacturing Costs24.9824.4433.8739.6944.9747.9847.5150.0756.7459.14
Material Costs78.60105.74177.73171.49181.13173.64167.30232.57265.40212.38
Employee Cost 32.0432.2845.3149.2162.3865.2664.6781.9483.8984.54
Other Costs 12.1511.1912.9814.6917.2519.8316.8525.3628.1123.55
Operating Profit 20.1721.6436.2332.6439.5828.5029.1137.1769.5983.56
Operating Profit Margin (%) 12.0%11.1%11.8%10.6%11.5%8.5%8.9%8.7%13.8%18.0%
Other Income 2.621.142.306.602.104.555.0111.6716.4514.60
Interest 2.822.254.775.184.265.304.884.123.421.19
Depreciation 5.115.406.026.427.117.559.137.8031.2831.76
Exceptional Items 00-5.940000000
Profit Before Tax 14.8615.1321.8027.6330.3220.2020.1136.9251.3465.20
Tax 5.785.387.718.7010.116.126.8812.2817.2923.92
Profit After Tax 9.089.7514.0818.9420.2114.0813.2424.6434.0541.29
PAT Margin (%) 5.4%5.0%4.6%6.2%5.9%4.2%4.1%5.8%6.8%8.9%
Adjusted EPS (₹)8.79.313.518.119.313.512.723.5170.2206.4
Dividend Payout Ratio (%)14%16%13%28%13%22%24%6%4%5%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18

Equity and Liabilities

Shareholders Fund 51.36265.13269.14275.16400.37394.17362.72329.5974.41122.84
Share Capital 2.622.622.622.622.625.235.235.2322
Reserves 48.75262.51266.53272.54397.75388.93357.49324.3672.41120.84
Minority Interest0000000000
Debt30.3326.2660.2348.1059.735437.1380.5235.3716.77
Long Term Debt30.3326.267.875.905.4537.112.8701.28
Short Term Debt0052.3642.2054.2951.0130.0177.6535.3715.48
Trade Payables13.2923.065.384.183.532.394.586.174.318.27
Others Liabilities 13.3719.6229.0635.2091.8095.5898.80124.19933.46950.58
Total Liabilities 108.35334.07363.82362.64555.43546.14503.22540.471,047.561,098.46

Fixed Assets

Gross Block86.43295.96303.14311.22435.62434.38443.75339.19715.96722.93
Accumulated Depreciation29.9434.9346.5959.3172.7286.81135.0580.3631.2863.05
Net Fixed Assets56.49261.03256.55251.91362.90347.57308.70258.83684.68659.88
CWIP 13.775.323.400.874.151.284.332.085.35
Investments 0.350.150.1510.2027.5834.6130.6245.39119.56152.62
Inventories34.9346.7874.6255.5169.3467.6168.0799.4880.3487.49
Trade Receivables7.209.129.7511.9510.9314.7517.6825.5320.6724.49
Cash Equivalents 0.633.223.2413.5715.123.474.884.112.286.80
Others Assets7.741014.1816.1068.6873.9872102.81137.94161.83
Total Assets 108.35334.07363.82362.64555.43546.14503.22540.471,047.561,098.46

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Cash Flow From Operating Activity 8.9616.81-22.8847.2125.3419.3930.663.8573.7760.43
PBT 14.8615.1321.8027.6330.3220.2020.1136.9251.3465.20
Adjustment 9.458.6714.425.3610.5813.5912.308.8423.2824.63
Changes in Working Capital -9.96-2.71-49.7821.76-4.94-7.095.29-26.8622.26-11.1
Tax Paid -5.38-4.28-9.32-7.54-10.62-7.31-7.05-15.06-23.11-18.30
Cash Flow From Investing Activity -4.87-6.61-9.63-16.06-24.59-15.59-3.92-40.88-22.62-26.71
Capex -5-6.85-10.59-6.44-7.85-11.98-10.84-14.92-10.81-10.39
Net Investments 00.090.07-2-17.82-6.865.19-13.65-14.93-21.20
Others 0.130.160.90-7.621.073.251.73-12.313.134.88
Cash Flow From Financing Activity -4.28-7.6132.53-20.820.81-14.35-25.3435.83-52.89-29.25
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -2.29-5.109.47-2.90-1.10-2.534.33-3.98-4.14-0.38
Interest Paid -2.86-2.21-4.23-5.35-4.09-5.47-4.95-4.06-3.16-0.80
Dividend Paid -0.65-1.24-1.58-1.79-5.25-2.60-3.12-3.14-2.41-6.46
Others 1.520.9328.88-10.7811.24-3.75-21.6147-43.18-21.61
Net Cash Flow -0.182.590.0310.331.55-10.551.40-1.20-1.744.47
PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Ratios
ROE (%)19.0817.6221.5824.3821.8113.2311.4819.0531.7941.86
ROCE (%)22.5920.7923.9924.223.1415.3815.321.499.787.29
Asset Turnover Ratio1.610.890.890.860.760.610.620.820.640.43
PAT to CFO Conversion(x)0.991.72-1.632.491.251.382.320.162.171.46
Working Capital Days
Receivable Days15151113121418181718
Inventory Days66767276657476716566
Payable Days656329108688711

Gloster Ltd. - (Amalgamated) Stock News

Gloster Ltd. - (Amalgamated) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Gloster-(Amalgamat) on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Gloster-(Amalgamat) stood at ₹742.7.
The latest P/E ratio of Gloster-(Amalgamat) as of 01-Jan-1970 05:30 is 17.99.
The latest P/B ratio of Gloster-(Amalgamat) as of 01-Jan-1970 05:30 is 5.66.
The 52-week high of Gloster-(Amalgamat) is ₹715.0 and the 52-week low is ₹687.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gloster-(Amalgamat) is ₹463.2 ( Cr.) .

About Gloster Ltd. - (Amalgamated)

Gloster Limited (Formerly, Kettlewell Bullen& Company Limited) was converted and incorporated as a limited company under the provisions of the Companies Act 1913. In 1879, it was appointed as the managing agent of Fort Gloster Jute Manufacturing Company Limited which became Fort Gloster Industries Limited subsequently.

The House of Bangurs as one of the leading business conglomerates acquired the Company in the year 1954. In compliance with the change in statute, it ceased to be the managing agent w.e.f December 31, 1969. It however, continued to be the main Promoter and controller of Fort Gloster Industries Limited.

In 1992, the jute division of Fort Gloster Industries Limited was demerged into a separate company called Gloster Jute Mills Limited which was renamed as Gloster Limited (erstwhile). As required by statute, being the holding Company, in the year 1998, the Company was registered as a non-banking financial company (non-deposit accepting) with the Reserve Bank of India.

The National Company Law Tribunal has vide its order dated January 19, 2018 sanctioned a Scheme of Amalgamation of the Company with erstwhile Gloster Limited and post this Scheme the Company has surrendered its NBFC certificate to Reserve Bank of India and the principal business of the Company is manufacturing of jute products. The name of the Company was changed to Gloster Limited vide Certificate of Incorporation dated May 9, 2018 pursuant to the Scheme.

The company’s two manufacturing units are situated at Bauria, P.O. Fort Gloster, District Howrah in the State of West Bengal. The present management has experience of over 64 years in the Jute industry and running large Jute manufacturing units.

Business area of the company

The Company is engaged in manufacturing and exporting of all types of Jute & Jute allied products, Woven & Non-Woven Jute Geotextiles, Treated Fabric-Rot Proof, Fire Retardant, jute products for Interior Decoration and Packaging of Industrial and Agricultural produce. 

Products of the company

Standard Products

  • Hessian Cloth/Bags
  • Sacking Cloth/Bags
  • Canvas & Tarpaulin
  • Leno / Net & Scrim Cloth
  • Chemical Treated Fabric
  • Spirally Sewn Bags
  • Odourless Bags

Geo-Textile

  • Soil Savers
  • Webbing
  • Tape
  • Horticultural Sheets and Liners
  • Spirally Sewn Bags
  • Odourless Bags

Yarn

  • Fine Yarn
  • Blended Yarn
  • Carpet Weft Yarn
  • Dyed Yarn
  • Twines / Ropes

Non-woven

  • Felt / Cloth Pieces

Floor Covering & Home Furnishing

  • Woven Flat Bed Carpet
  • Matting
  • Rugs

Promotional Consumer Products

  • Shopping Bags
  • Utility Bags and Made Ups

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