Gita Renewable

₹174.2 -3.5 | 2%

WEBSITE BSE:539013 NSE : GITARENEW 18 May, 12:50

Market Cap ₹72 Cr.

Stock P/E 201.1

P/B 5.3

Current Price ₹174.2

Book Value ₹ 33.1

Face Value 10

52W High ₹310.3

Dividend Yield 0%

52W Low ₹ 71.5

Edit Ratio

Gita Renewable Research see more...

Overview Inc. Year: 2010Industry: Power Generation/Distribution

Gita Renewable Share Price

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Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

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Peer Comparison

Gita Renewable Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	0	0	1	0	0	0	0	0	0	0
Other Income	1	0	0	2	6	0	0	0	1	0
Total Income	1	0	1	2	7	0	0	0	1	0
Total Expenditure	0	3	0	0	0	0	0	0	0	0
Operating Profit	1	-3	0	1	6	-0	-0	-0	0	0
Interest	0	0	0	0	0	-0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	1	-3	0	1	6	-0	-0	-0	0	0
Provision for Tax	0	0	0	0	0	0	0	0	0	0
Profit After Tax	1	-3	0	1	6	-0	-0	-0	0	0
Adjustments	0	0	0	0	0	0	0	0	0	-0
Profit After Adjustments	1	-3	0	1	6	-0	-0	-0	0	0
Adjusted Earnings Per Share	2.9	-7.4	0.9	3.2	15.2	-0.3	-0.3	-0.2	1.1	0.2

Gita Renewable 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
Net Sales	6	4	4	3	0	0	0	0	0	0	0	0
Other Income	0	0	0	0	1	0	0	0	0	3	9	1
Total Income	6	5	4	3	1	0	0	1	0	3	9	1
Total Expenditure	2	1	1	7	0	0	0	0	15	1	1	0
Operating Profit	5	4	4	-4	1	-0	0	0	-14	2	8	0
Interest	2	2	2	1	0	0	0	0	0	0	0	0
Depreciation	2	3	4	3	2	2	2	2	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	0	-1	-2	-7	-1	-2	-2	-2	-14	2	8	0
Provision for Tax	0	-0	-1	-8	0	0	0	0	0	0	0	0
Profit After Tax	-0	-0	-2	1	-1	-2	-2	-2	-14	2	8	0
Adjustments	0	0	0	0	0	0	0	-0	0	0	0	0
Profit After Adjustments	-0	-0	-2	1	-1	-2	-2	-2	-14	2	8	0
Adjusted Earnings Per Share	0	0	-3.8	2.7	-3.5	-4.9	-4.5	-4.2	-34.4	5.8	19.1	0.8

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	0%	0%	0%	-100%
Operating Profit CAGR	300%	0%	0%	5%
PAT CAGR	300%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	124%	60%	102%	NA%
ROE Average	53%	-19%	-15%	-8%
ROCE Average	29%	-31%	-23%	-12%

Gita Renewable 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	26	26	24	25	24	22	20	18	4	16	14
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	55	52	49	1	0	0	0	0	0	26	0
Other Non-Current Liabilities	9	9	8	0	0	0	0	0	0	0	0
Total Current Liabilities	8	4	4	47	42	41	41	39	35	1	0
Total Liabilities	98	91	86	73	66	63	61	56	39	43	14
Fixed Assets	46	43	39	26	24	22	21	19	0	0	0
Other Non-Current Assets	32	28	28	20	21	20	27	36	13	30	13
Total Current Assets	21	20	19	26	21	20	13	2	26	14	2
Total Assets	98	91	86	73	66	63	61	56	39	43	14

Gita Renewable 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	0	0	0	0	0	0	0	1	7	4
Cash Flow from Operating Activities	25	2	4	38	1	-0	7	7	-23	-24	15
Cash Flow from Investing Activities	-30	3	1	11	-0	0	-7	-6	28	-4	7
Cash Flow from Financing Activities	5	-5	-5	-49	-1	-0	0	0	0	26	-26
Net Cash Inflow / Outflow	-0	-0	0	0	-0	0	-0	1	5	-2	-4
Closing Cash & Cash Equivalent	0	0	0	0	0	0	0	1	7	4	0

Gita Renewable 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	0	-3.79	2.65	-3.54	-4.92	-4.55	-4.24	-34.37	5.79	19.11
CEPS(Rs)	5.7	5.88	5.19	9.56	1.16	-0.21	0.16	0.46	-34.37	5.79	19.11
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	0	0	58.78	61.44	57.59	52.67	48.12	42.91	8.54	38.78	33.44
Core EBITDA Margin(%)	74.04	79.69	81.01	-131.78	0	0	18.82	11.73	-5964.86	-269.04	-251.9
EBIT Margin(%)	35.71	23.45	-0.51	-213.94	0	0	-519.16	-484.87	-5888.06	992	3872.86
Pre Tax Margin(%)	1.26	-14.83	-52.37	-241.46	0	0	-519.27	-484.87	-5888.06	991.88	3742.29
PAT Margin (%)	-0.67	-9.79	-37.78	35.69	0	0	-519.27	-484.87	-5889.62	991.88	3742.29
Cash Profit Margin (%)	37.66	54.5	51.73	128.65	0	0	18.72	53.11	-5889.62	991.88	3742.29
ROA(%)	-0.09	-0.46	-1.77	1.38	-2.1	-3.15	-3.03	-2.98	-29.67	5.81	27.45
ROE(%)	-0.32	-1.67	-6.25	4.41	-5.95	-8.92	-9.02	-9.33	-133.63	24.47	52.92
ROCE(%)	5.24	1.25	-0.03	-12.31	-4.08	-8.63	-9.02	-9.33	-133.59	10.37	28.97
Receivable days	1226.81	1670.51	1704.97	2115.41	0	0	8744.82	3831.26	0	0	5600.23
Inventory Days	0	0	0	0	0	0	0	0	0	0	0
Payable days	0	0	0	0	0	0	0	0	0	0	0
PER(x)	0	0	0	6.58	0	0	0	0	0	34.46	4.69
Price/Book(x)	0	0	0.58	0.28	0.23	0.14	0.11	0.13	2.85	5.14	2.68
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	10.08	13.4	16.08	3.71	0	0	5.86	2.34	14	433.4	174.96
EV/Core EBITDA(x)	13.61	15.27	18.07	-3.07	7.58	-50.17	31.16	4.4	-0.24	43.69	4.52
Net Sales Growth(%)	0	-28.75	-6.98	-25.93	-100	0	0	0	-33.33	0	-12.5
EBIT Growth(%)	0	-53.22	-102.04	0	83.09	-80.25	6.26	6.6	-709.57	116.85	241.61
PAT Growth(%)	-2310.53	-935.71	-258.89	169.97	-233.45	-38.88	7.56	6.62	-709.78	116.84	230.13
EPS Growth(%)	0	0	0	169.97	-233.45	-38.88	7.55	6.62	-709.78	116.84	230.13
Debt/Equity(x)	2.24	2.15	2.17	0.18	0.04	0	0	0	0	1.66	0
Current Ratio(x)	2.73	4.62	4.76	0.57	0.49	0.48	0.31	0.05	0.72	19.96	3.61
Quick Ratio(x)	2.73	4.62	4.76	0.57	0.49	0.48	0.31	0.05	0.72	19.96	3.61
Interest Cover(x)	1.04	0.61	-0.01	-7.77	-3.16	-70.2	-4863.31	0	0	7936	29.66
Total Debt/Mcap(x)	0	0	3.72	0.62	0.16	0	0	0	0	0.32	0

Gita Renewable Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	73.05	73.05	73.05	73.05	73.05	73.03	70.45	70.39	70.28	69.93
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	26.95	26.95	26.95	26.95	26.95	26.97	29.55	29.61	29.72	30.07
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.3	0.3	0.3	0.3	0.3	0.3	0.29	0.29	0.29	0.29
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.11	0.11	0.11	0.11	0.11	0.11	0.12	0.12	0.12	0.12
Others	0	0	0	0	0	0	0	0	0	0
Total	0.41	0.41	0.41	0.41	0.41	0.41	0.41	0.41	0.41	0.41

Pros

Company has reduced debt.
Company is almost debt free.

Cons

Company has a low return on equity of -19% over the last 3 years.
Stock is trading at 5.3 times its book value.
Earnings include an other income of Rs. 9 Cr.

* 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.