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Gravity (India) Ltd. Stock Analysis

Small Cap
Evaluated by 62 users | BSE: 532015 | NSE: |
Textile
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),...

Analysis of Financial Track Record

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
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 1.19%0.37%0.3%-0.12%0.18%-3.16%-4.41%-5.41%-5.52%-7.02%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 36.435.731.932.827.72819.72421.412
Y-o-Y Gr. Rt.--1.9%-10.9%3.1%-15.8%1.2%-29.5%21.6%-10.8%-44%
Adjusted EPS (Rs.) 0.270.080.06-0.030.02-0.71-0.84-0.81-0.76-0.96
Y-o-Y Gr. Rt.--70.4%-25%-150%NA-3650%NANANANA
Book Value per Share (Rs.) 13.1213.2413.313.2813.3112.612.0111.9711.2112.34
Adjusted Net Profit 0.20.10.100-0.6-0.8-0.7-0.7-0.9
Net Op. Cash Flow (Rs. Cr.) 0.610.9-0.9-3.8-2.14.2-1.10.7-1.2
Debt to Cash Flow from Ops 16.428.919-9.02-2.1-3.840.83-1.462.12-1.26
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.
Gravity (India) Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -11.6%-15.4%-15.3%-44%
Adjusted EPS -215.1%-316.9%NANA
Book Value per Share -0.7-1.50.910.1
Share Price -10.5% -11.8% -18.6% 4.7%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 2.080.620.48-0.240.19-5.45-6.81-6.72-6.57-8.12
Operating Profit Margin (%) 21.661.741.751.96-0.93-2.58-3.730.61-7.39
Net Profit Margin (%) 0.670.210.18-0.090.08-2.27-3.83-3.03-3.2-7.19
Debt to Equity 0.830.750.680.670.670.710.330.140.150.14
Working Capital Days 161218278223212194262191260491
Cash Conversion Cycle 123141157143177175213149122195
Entity Percentage Holding
Promoters 22.42%
Non-Institutions 77.58%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Gravity (India) Ltd.'s performance infers:

Gravity (India) Ltd. earnings have declined by -316.9%, whereas share price has depreciated -11.8% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Gravity (India) Ltd. share prices over the last 10 years. Here is what we found out:

Gravity (India) Ltd. share price has depreciated -12.3% annually over the past ten years.

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

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.

Products

• Fabrics • Newly Home Furnishing Fabric • Suiting, Shirting• Dress Materials, Upholstery • 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.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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