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Garnet International

₹50 1.5 | 3%

Market Cap ₹98 Cr.

Stock P/E 262.6

P/B 3.2

Current Price ₹50

Book Value ₹ 15.9

Face Value 10

52W High ₹76

Dividend Yield 0%

52W Low ₹ 39

Garnet International Research see more...

Overview Inc. Year: 1995Industry: Finance - Investment

Garnet International Share Price

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Garnet International Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Operating Revenue 14 10 10 16 19 14 10 38 13 12
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 14 10 10 16 19 14 10 38 13 12
Total Expenditure 14 10 10 14 18 14 8 34 14 9
Operating Profit 1 0 1 2 1 1 2 4 -2 3
Interest Expense 0 0 0 0 0 0 1 1 1 1
Depreciation 0 0 0 0 0 0 0 1 0 0
Profit Before Tax 0 0 0 2 1 0 1 1 -3 2
Provision for Tax 0 0 0 0 0 0 1 0 0 0
Profit After Tax 0 0 -0 2 1 0 1 1 -3 2
Adjustments -0 -0 -0 -0 -0 -0 -0 -1 0 0
Profit After Adjustments 0 0 -0 1 1 0 0 1 -3 2
Adjusted Earnings Per Share 0 0 -0.1 0.7 0.3 0.2 0.2 0.4 -1.4 1

Garnet International Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Operating Revenue 10 11 14 38 55 368 83 18 18 44 59 73
Other Income 0 0 0 1 9 8 0 0 1 0 0 0
Total Income 10 11 15 39 64 376 83 18 18 44 59 73
Total Expenditure 9 9 12 36 51 365 142 28 20 44 53 65
Operating Profit 1 1 2 3 13 11 -59 -10 -1 0 6 7
Interest Expense 0 0 0 0 0 1 0 0 0 0 1 4
Depreciation 0 0 0 1 1 1 1 1 1 1 1 1
Profit Before Tax 1 1 2 2 13 10 -60 -11 -2 -1 4 1
Provision for Tax 0 0 0 1 3 -2 -2 -0 1 0 1 1
Profit After Tax 0 1 2 1 10 11 -58 -11 -4 -1 3 1
Adjustments -0 -0 -0 -1 -0 0 0 -0 -0 -0 -0 -1
Profit After Adjustments 0 0 1 1 10 11 -58 -11 -4 -2 3 0
Adjusted Earnings Per Share 0.1 0.2 0.6 0.4 5.2 5.9 -29.6 -5.6 -1.9 -0.9 1.4 0.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 34% 49% -31% 19%
Operating Profit CAGR 0% 0% -11% 20%
PAT CAGR 0% 0% -23% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -13% 17% 0% 4%
ROE Average 11% -1% -24% -7%
ROCE Average 11% 1% -18% -4%

Garnet International Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 43 43 44 44 53 88 43 35 31 29 32
Minority's Interest 2 3 3 4 3 3 3 3 3 4 4
Borrowings 0 0 0 0 0 0 0 0 1 1 7
Current Liability 3 3 4 12 7 54 11 10 14 19 21
Other Liabilities & Provisions 0 0 0 0 0 0 -6 -7 -6 -6 -6
Total Liabilities 48 49 51 59 63 145 50 41 44 47 59
Loans 0 0 0 0 0 0 0 0 0 0 0
Investments 13 33 24 26 42 35 20 8 6 6 6
Fixed Assets 5 5 5 7 11 12 12 11 11 10 12
Other Loans 22 1 2 3 0 6 0 0 0 0 0
Other Non Current Assets 0 0 0 0 0 0 0 1 2 2 9
Current Assets 9 10 19 23 10 91 18 20 24 28 32
Total Assets 48 49 51 59 63 145 50 41 44 47 59

Garnet International Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 0 1 0 3 3 4 2 0 0 0 0
Cash Flow from Operating Activities -21 22 1 4 13 -83 16 -11 -4 -4 -1
Cash Flow from Investing Activities 1 -21 1 -3 -12 12 28 11 0 0 -8
Cash Flow from Financing Activities 20 -2 -0 -0 -1 69 -46 0 3 4 9
Net Cash Inflow / Outflow 0 -0 2 0 1 -2 -2 0 -0 0 0
Closing Cash & Cash Equivalent 1 0 3 3 4 2 0 0 0 0 0

Garnet International Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0.1 0.18 0.6 0.38 5.19 5.85 -29.55 -5.55 -1.9 -0.88 1.45
CEPS(Rs) 0.45 0.57 1.07 1 5.66 6.22 -29.14 -4.99 -1.39 -0.22 2.14
DPS(Rs) 0 0 0.5 0.7 1.2 0.5 0 0 0 0 0
Book NAV/Share(Rs) 22.81 23 23.37 23.47 28.18 44.75 21.8 17.61 15.72 14.85 16.29
Net Profit Margin 3.93 5.37 11.07 3.62 18.07 3.08 -69.49 -60.58 -19.96 -2.86 5.5
Operating Margin 5.74 7.99 12.4 6.1 23.14 2.85 -72.02 -61.65 -12.04 -1.22 8.41
PBT Margin 5.7 7.97 12.36 5.57 22.99 2.6 -72.13 -62.58 -13.38 -1.97 6.43
ROA(%) 0.94 1.18 3.13 2.47 16.29 10.89 -59.05 -23.3 -8.41 -2.75 6.14
ROE(%) 1.16 1.35 3.61 3.11 20.65 16.18 -88.87 -27.54 -10.85 -4.16 10.67
ROCE(%) 1.6 1.95 3.96 5.12 25.87 11.09 -65.97 -26.02 -5.78 -1.38 10.64
Price/Earnings(x) 233.54 169.74 41.26 169.27 38.73 40 0 0 0 0 40
Price/Book(x) 1.07 1.35 1.06 2.72 7.14 5.23 2.43 1.88 1.52 3.72 3.55
Dividend Yield(%) 0 0 0.67 0.37 0.2 0.21 0 0 0 0 0
EV/Net Sales(x) 4.85 5.43 3.16 3.12 6.76 1.37 1.27 3.81 2.94 2.72 2.27
EV/Core EBITDA(x) 45.6 43.22 20.39 41.99 27.89 44.41 -1.79 -6.68 -39.65 430.86 22.71
Interest Earned Growth(%) -69.1 12.63 31.48 165.93 46.63 567.88 -77.42 -78.9 1.4 146.04 35.64
Net Profit Growth -36.72 53.72 171.06 -13.03 631.76 13.75 -609.83 81.61 66.59 64.8 361.18
EPS Growth(%) -74.89 75.09 229.48 -37.3 1278 12.65 -605.08 81.21 65.81 53.78 264.99
Interest Coverage(x) % 169.07 437.3 332.9 11.52 156.13 11.42 -650.55 -66.19 -9.01 -1.62 4.25

Garnet International Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 55.08 54.83 54.9 52.56 51.53 47.42 47.87 48.36 48.4 49.46
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 44.92 45.17 45.1 47.44 48.47 52.58 52.13 51.64 51.6 50.54
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 117.73 to 74.58days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
  • Promoter holding is low: 49.46%.
  • Company has a low return on equity of -1% over the last 3 years.
  • Stock is trading at 3.2 times its book value.
  • The company has delivered a poor profit growth of -22% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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