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Glittek Granites

₹3.4 0 | 0.9%

Market Cap ₹9 Cr.

Stock P/E -3.5

P/B 1.1

Current Price ₹3.4

Book Value ₹ 2.9

Face Value 5

52W High ₹5.4

Dividend Yield 0%

52W Low ₹ 2.4

Glittek Granites Research see more...

Overview Inc. Year: 1990Industry: Ceramics/Marble/Granite/Sanitaryware

Glittek Granites Share Price

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Glittek Granites 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
Net Sales 2 3 2 3 1 4 6 2 2 1
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 2 3 2 3 1 4 6 2 2 1
Total Expenditure 3 2 2 2 2 3 5 2 3 2
Operating Profit -1 1 0 1 -1 1 1 -0 -1 -1
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 0 -0 0 -2 0 1 -1 -2 -1
Provision for Tax 0 0 -0 0 -0 0 0 -0 -0 -0
Profit After Tax -1 0 -0 0 -2 0 1 -0 -1 -1
Adjustments 0 0 0 0 0 0 0 0 -0 0
Profit After Adjustments -1 0 -0 0 -2 0 1 -0 -1 -1
Adjusted Earnings Per Share -0.5 0.1 -0.1 0 -0.6 0.1 0.2 -0.2 -0.4 -0.6

Glittek Granites 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 32 40 34 34 26 24 21 18 14 9 13 11
Other Income 0 1 0 -0 0 0 0 0 0 0 0 0
Total Income 32 40 34 34 26 24 21 18 15 9 14 11
Total Expenditure 28 35 31 31 24 21 20 17 16 10 12 12
Operating Profit 4 5 3 3 2 2 1 1 -2 -0 2 -1
Interest 2 2 1 1 1 1 1 2 1 1 2 0
Depreciation 1 2 1 1 1 1 1 1 1 1 1 0
Exceptional Income / Expenses 0 0 0 -0 0 0 0 0 0 0 0 0
Profit Before Tax 1 1 1 1 0 0 -1 -2 -4 -2 -1 -3
Provision for Tax 0 0 0 0 0 -1 -0 -0 -1 -0 -0 0
Profit After Tax 1 1 1 1 0 1 -1 -1 -3 -2 -1 -1
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 1 1 1 0 1 -1 -1 -3 -2 -1 -1
Adjusted Earnings Per Share 0.3 0.5 0.3 0.3 0 0.5 -0.3 -0.5 -1.2 -0.9 -0.3 -1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 44% -10% -12% -9%
Operating Profit CAGR 0% 26% 0% -7%
PAT CAGR 0% 0% NAN% NAN%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 29% 27% 12% -1%
ROE Average -7% -15% -12% -3%
ROCE Average 3% -3% -2% 3%

Glittek Granites 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 17 18 18 19 19 19 18 17 14 12 11
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 1 0 1 0 0 0 0 0 0 4 6
Other Non-Current Liabilities 0 0 0 0 0 0 -0 -1 -1 -1 -2
Total Current Liabilities 18 20 21 19 17 20 20 20 20 17 18
Total Liabilities 36 38 39 38 36 39 38 37 33 32 34
Fixed Assets 14 12 11 10 9 8 7 6 5 4 3
Other Non-Current Assets 1 1 1 0 0 0 0 0 0 1 1
Total Current Assets 21 25 27 28 26 31 30 30 27 27 30
Total Assets 36 38 39 38 36 39 38 37 33 32 34

Glittek Granites 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 1 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities -1 2 0 1 3 -1 1 1 1 -1 -0
Cash Flow from Investing Activities -1 -0 -1 -0 -0 0 0 0 -0 0 0
Cash Flow from Financing Activities 2 -1 0 -1 -3 1 -1 -1 -1 1 -0
Net Cash Inflow / Outflow -0 0 -0 -0 0 -0 -0 0 -0 -0 0
Closing Cash & Cash Equivalent 0 1 0 0 0 0 0 0 0 0 0

Glittek Granites 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) 0.28 0.46 0.29 0.28 0 0.48 -0.35 -0.49 -1.19 -0.89 -0.3
CEPS(Rs) 0.84 1.05 0.7 0.67 0.39 0.86 0.03 -0.12 -0.82 -0.53 0.03
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 6.52 6.98 6.91 7.19 7.19 7.29 6.94 6.48 5.27 4.41 4.14
Core EBITDA Margin(%) 12.6 11.55 9.68 9.74 8.24 10.04 5.45 4.51 -13.09 -3.83 9.47
EBIT Margin(%) 9.23 9.14 7.13 6.3 4.84 6.17 0.98 0.68 -18.01 -11.39 6.18
Pre Tax Margin(%) 2.86 3.73 2.76 2.66 0.73 1.39 -5.76 -9.7 -26.94 -25.37 -6.42
PAT Margin (%) 2.31 3.02 2.23 2.12 0 5.19 -4.25 -7.11 -21.6 -25.17 -5.8
Cash Profit Margin (%) 6.94 6.86 5.33 5.12 3.95 9.4 0.4 -1.76 -14.93 -14.89 0.56
ROA(%) 2.15 3.25 1.96 1.85 0 3.3 -2.35 -3.45 -8.93 -7.12 -2.37
ROE(%) 4.41 6.85 4.22 3.94 0 6.57 -4.87 -7.34 -20.3 -18.36 -7.02
ROCE(%) 9.31 10.71 6.85 5.88 3.49 4.15 0.58 0.34 -7.71 -3.25 2.54
Receivable days 93.12 117.86 157.39 155.59 174.64 146.49 156.06 157.28 165.09 213.25 170.89
Inventory Days 115.76 77.67 103.73 123.18 191.17 266.61 344.87 432.85 534.21 831.44 584.24
Payable days 35.84 30.28 40.63 28.7 25.05 37.81 43.34 43.94 51.97 136.59 75.84
PER(x) 8.06 11.47 9.8 7.99 0 5.34 0 0 0 0 0
Price/Book(x) 0.35 0.76 0.42 0.31 0.26 0.35 0.24 0.16 0.34 0.88 0.72
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.68 0.74 0.73 0.68 0.77 0.99 1.02 1.12 1.58 3.31 2.22
EV/Core EBITDA(x) 4.9 5.73 7.17 7.29 8.78 9.53 18.17 18.58 -13.89 -298.14 17.7
Net Sales Growth(%) 33.82 26.02 -14.28 -0.3 -24.58 -7.31 -10.99 -15.03 -20.27 -36.07 46.44
EBIT Growth(%) 30.91 24.78 -33.1 -11.86 -42.06 18.2 -85.86 -41.47 -2225.15 59.57 179.4
PAT Growth(%) 76.11 64.19 -36.63 -5.18 -99.99 0 -172.96 -42.1 -142.02 25.49 66.24
EPS Growth(%) 76.09 64.22 -36.64 -5.19 -99.99 0 -172.96 -42.11 -142.03 25.49 66.25
Debt/Equity(x) 0.92 0.89 0.98 0.93 0.82 0.89 0.95 1.04 1.29 1.73 1.99
Current Ratio(x) 1.21 1.29 1.33 1.45 1.57 1.55 1.55 1.5 1.36 1.58 1.63
Quick Ratio(x) 0.71 0.89 0.78 0.87 0.66 0.59 0.51 0.41 0.37 0.32 0.48
Interest Cover(x) 1.45 1.69 1.63 1.73 1.18 1.29 0.15 0.07 -2.02 -0.81 0.49
Total Debt/Mcap(x) 2.69 1.19 2.41 3.07 3.22 2.6 3.99 6.72 3.94 2.03 2.83

Glittek Granites Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 63.14 63.44 63.44 63.44 63.38 63.91 63.91 63.91 63.91 64.79
FII 0 0 0 0 0 0 0 0 0 0
DII 7.9 7.9 7.9 7.9 7.9 7.9 7.9 7.77 7.77 7.6
Public 28.95 28.65 28.65 28.65 28.72 28.19 28.19 28.32 28.32 27.61
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 136.59 to 75.84days.

Cons

  • Company has a low return on equity of -15% over the last 3 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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