1. Is Gravity (India) Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Gravity (India) Ltd is a below average quality company.
2. Is Gravity (India) Ltd undervalued or overvalued?
The key valuation ratios of Gravity (India) Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Gravity (India) Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Gravity (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||-0.1%||0.2%||-3.2%||-4.4%||-5.4%||-5.5%||-7%||2.9%||-1.9%||0.4%||-|
|Value Creation Index ⓘ||-1.0||-1.0||-1.2||-1.3||-1.4||-1.4||-1.5||-0.8||-1.1||-1.0||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-15.8%||1.2%||-29.5%||21.6%||-10.8%||-44%||41.2%||-86%||440.7%||-|
|Adj EPS ⓘ||-0||0||-0.7||-0.8||-0.8||-0.8||-1||0.4||-0.3||0.1||-0.4|
|YoY Gr. Rt. %||-||NA||-3650%||NA||NA||NA||NA||NA||-188.9%||NA||-|
|BVPS (₹) ⓘ||13.3||13.3||12.6||12||12||11.2||12.3||12.7||12.4||12.5||12.1|
|Adj Net Profit ⓘ||0||0||-0.6||-0.8||-0.7||-0.7||-0.9||0.3||-0.3||0.1||0|
|Cash Flow from Ops. ⓘ||-0.9||-3.8||-2.1||4.2||-1.1||0.7||-1.2||0.4||-1.1||0.2||-|
|Debt/CF from Ops. ⓘ||-9||-2.1||-3.8||0.8||-1.5||2.1||-1.3||4.3||-1.4||8.9||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||NA||NA||NA||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||-0.2||0.2||-5.5||-6.8||-6.7||-6.6||-8.1||2.8||-2.6||0.5||-3.2|
|Op. Profit Mgn % ⓘ||1.8||2||-0.9||-2.6||-3.7||0.6||-7.4||-0.5||-12.4||1.3||-2.9|
|Net Profit Mgn % ⓘ||-0.1||0.1||-2.3||-3.8||-3||-3.2||-7.2||1.9||-12.4||0.4||-3.1|
|Debt to Equity ⓘ||0.7||0.7||0.7||0.3||0.1||0.2||0.1||0.1||0.1||0.1||-|
|Working Cap Days ⓘ||223||212||194||262||191||260||491||339||2,403||366||0|
|Cash Conv. Cycle ⓘ||143||177||175||213||149||122||195||168||927||236||0|
Sales growth is good in last 4 quarters at 93.74%
Return on Equity is Poor
Sales growth has been subdued in last 3 years 2.12%
|TTM EPS (₹)||-0.4||-|
|TTM Sales (₹ Cr.)||11.3||-|
|BVPS (₹.) ⓘ||12.1||-|
|Reserves (₹ Cr.) ⓘ||2||-|
|From the Market|
|52 Week Low / High (₹)||2.91 / 6.57|
|All Time Low / High (₹)||0.95 / 39.10|
|Market Cap (₹ Cr.)||3.5|
|Equity (₹ Cr.)||9|
|Face Value (₹)||10|
|Industry PE ⓘ||22.5|
The company was incorporated on March 13, 1987, as a private limited company under the name and style of Gravity Silk Mill. It was subsequently converted into a public limited company.
Gravity mainly manufactures fabrics made 100% cotton, newly home furnishing fabric polyester cotton (PC), polyester viscose (PV), 100% cotton, 100% polyester suiting fabrics as well as shirting fabrics and also manufactures industrial fabric as per the requirement of the customer.
At Gravity, the best of quality at the reasonable price is assured. The fabrics produced by Gravity are exported to the countries of Middle East, America, Europe and Africa.
Gravity (India) is one of the leading fabric manufacturers of India. The promoters are engaged in the fields of fabric manufacturing since past 25 years and producing cloth of various qualities.
Gravity has an newly installed capacity of 46 numbers sulzer 153' and 85' automatic dornier weaving machines with electronic jacquard, weaving capacity of 3,60,000 meter per month. The manufacturing units are located at union territory of Dadra & Nagar Haveli. The fabrics up to the width of 150' gray can be manufactured as per the requirement of the customers.
â€¢ Fabrics â€¢ Newly Home Furnishing Fabric â€¢ Suiting, Shirtingâ€¢ Dress Materials, Upholstery â€¢ Industrial Fabrics
The company is set with a clear vision of the prospects and with deep insight of the textile industry's progress, observed over the past many years.