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Garnet International share price

Garnet International Ltd.

BSE: 512493 SECTOR: Finance - Investment  7004   7   0

60.00
+0.81 (1.37%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 60.4

Today's Low

₹ 57.56

52 Week High

₹ 76

52 Week Low

₹ 39

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and sound margins.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

117.81 Cr.

Advances

0 Cr.

No. of Shares

1.96 Cr.

P/E

0

P/B

4.71

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  12.74

Operating Revenue

21.62 Cr.

Net Profit

1.86 Cr.

Promoter Holding

48.4 %

EPS (TTM)

₹  -0.74

Sales Growth

110.03

ROE

7.25 %

ROCE

6.1%

Profit Growth

165.54 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year110.03%
3 Year109.88%
5 Year-42.92%

Profit Growth

1 Year165.54%
3 Year29.28%
5 Year-30.76%

ROE%

1 Year7.25%
3 Year-5.87%
5 Year-28.34%

ROCE %

1 Year6.1%
3 Year-4.32%
5 Year-22.6%

ROA%

7.61179282607181

PEG Ratio

NA

PAT Margin (%)

8.58912734725223

EPS Growth(%)

165.548315541384

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 48.4 25.81
Sep 2023 48.36 30.2
Jun 2023 47.87 30.51
Mar 2023 47.42 30.8
Dec 2022 51.53 27.45
Investors List
* Figures given above are % of equity capital

 Strengths

  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 109.880317599861%.
  • The company has delivered substantial profit growth of 29.2777165016324% over past 3 years.

 Limitations

  • Company has a poor Return on Equity (ROE) track record of -5.87451973786175%.
  • The company a poor ROCE track record of -4.32284078496386% since last 3 years.
  • Provision and contingencies have increased by 67.8100004907012%.
  • Promoter pledging is high as 25.81%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Operating Revenue 6.47 0.94 0.09 0.33 0.22
Other Income 0 0 0 0 0.01
Interest Expended 0 0 0 0 0
Operating Expenses 6.24 0.85 0.58 2.17 -0.55
Total Provisions 0 0 0 0 0
Depreciation 0 0 0 0 0
Profit Before Tax 0.22 0.08 -0.49 -1.84 0.79
Tax 0 0 0 0 0
Net Profit 0.22 0.08 -0.49 -1.84 0.79
Adjusted EPS (RS) 0.11 0.04 -0.25 -0.94 0.4

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Operating Income 68.85 2.34 1.29 10.29 21.62
Other Income 0 0 0.55 0.1 0
Interest 0.02 0.02 0.01 0 0
Operating Expenses 95.56 3.6 1.4 11.3 18.04
Total Provisions 33.11 10.91 3.3 1.93 1.72
Exceptional Items 0 0 0 0 0
Profit Before Tax -59.84 -12.19 -2.87 -2.83 1.86
Tax -2.21 -0.63 1.27 0 0
Profit After Tax -57.63 -11.56 -4.15 -2.83 1.86
Adjusted EPS (Rs.) -29.51 -5.89 -2.11 -1.44 0.95

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 19.53 19.64 19.64 19.64 19.64
Total Reserves 21.5 12.01 7.88 5.06 6.92
Borrowings 0 0 0 0 0
Other N/C liabilities -6.81 -7.44 -6.17 -6.17 -6.17
Current liabilities 4.68 0.69 1.98 4.22 5.65
Total Liabilities 38.89 24.9 23.32 22.74 26.04
Assets
Loans 0 0 0 0 0
Net Block 0.04 0.03 0.02 0.01 0.01
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 25.6 13.2 11.75 11.75 11.75
Other Loans 3.83 3.58 3.58 3.58 3.58
Other N/C Assets 0 0 0 0 0
Current Assets 9.42 8.09 7.97 7.4 10.7
Total Assets 38.89 24.9 23.32 22.74 26.04
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 51.53 47.42 47.87 48.36 48.40
indira suresh gaggar 4.59 4.59 4.59 4.59 9.21
navratan gaggar 4.66 4.66 4.66 4.66 4.66
rama kant gaggar 19.14 19.14 19.14 19.75 19.75
suresh gaggar 14.17 14.51 14.92 14.92 13.65
suresh gaggar huf 1.14 1.14 1.14 1.14 1.14
mangal savitri bizcon pri... 7.84 3.38 3.43 3.31 -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 48.47 52.58 52.13 51.64 51.60
akalka kakkar . 1.77 1.77 1.77 1.77 1.77
amar packagings (pvt) ltd... 1.63 1.63 1.63 1.63 1.63
anita chainrai advani . 4.89 4.89 4.89 4.89 4.89
balram chainrai 2.46 2.46 2.46 2.46 2.46
investor education and pr... 0.04 - - 0.04 0.04
llp 0.70 1.14 1.11 1.11 0.06
parameshwari devi kakkar ... 1.85 1.85 1.85 1.85 1.85
religare finvest ltd 3.85 3.85 3.85 3.85 3.85
saraswati kakkar . 1.54 1.54 1.54 1.54 1.54
shreemat pandey 1.33 1.33 1.33 1.33 1.21
telelink commerce pvt. lt... 2.09 2.09 2.09 2.09 2.09
r. b. k. share broking lt... 1.10 1.09 1.09 1.18 -
sarvagay textile llp - - - 1.05 -
investor education and pr... - 0.04 0.04 - -
tango commosales llp - 1.09 1.05 - -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Garnet International informs about disclosures13 Mar 2024, 5:25PM Garnet International acquires 81% stake in Whitewall India8 Mar 2024, 9:34AM Garnet International informs about disclosure 5 Mar 2024, 12:01PM Garnet International informs about disclosure1 Mar 2024, 11:58AM Garnet International informs about disclosures29 Feb 2024, 4:58PM Garnet International informs about disclosure 29 Feb 2024, 12:32PM Garnet International informs about cessation of material subsidiary company27 Feb 2024, 5:23PM Garnet International - Quaterly Results25 Jan 2024, 5:13PM Garnet International - Quaterly Results25 Jan 2024, 5:13PM Garnet International - Quaterly Results25 Jan 2024, 5:13PM Garnet International informs about disclosure22 Dec 2023, 2:32PM Garnet International informs about disclosure18 Dec 2023, 1:38PM Garnet International informs about disclosures15 Dec 2023, 4:49PM Garnet International informs about disclosure 15 Dec 2023, 10:51AM Garnet International informs about disclosure 8 Dec 2023, 4:50PM Garnet International informs about newspaper publication5 Dec 2023, 5:15PM Garnet International informs about disclosure 1 Dec 2023, 3:22PM Garnet International informs about disclosure14 Sep 2023, 10:17AM Garnet International informs about disclosure14 Sep 2023, 10:17AM Garnet International informs about disclosure 6 Sep 2023, 12:29PM Garnet International informs about disclosures5 Sep 2023, 4:53PM Garnet International informs about disclosure26 Aug 2023, 2:24PM Garnet International informs about disclosures25 Aug 2023, 4:45PM Garnet International - Quaterly Results14 Aug 2023, 3:53PM Garnet International informs about press release18 Jul 2023, 4:59PM Garnet International informs about disclosure16 Jun 2023, 4:20PM Garnet International informs about disclosure 16 Jun 2023, 2:16PM Garnet International informs about disclosure 8 Jun 2023, 5:01PM Garnet International informs about disclosure 5 Jun 2023, 10:11AM Garnet International informs about disclosure 2 Jun 2023, 2:06PM Garnet International informs about press release31 May 2023, 4:02PM Garnet International informs about disclosure29 Mar 2023, 2:43PM Garnet International informs about disclosure 28 Mar 2023, 9:48AM Garnet International informs about disclosure 2 Mar 2023, 11:15AM Garnet International - Quaterly Results11 Feb 2023, 3:29PM Garnet International - Quaterly Results11 Feb 2023, 3:29PM Garnet International - Quaterly Results11 Feb 2023, 3:29PM Garnet International informs about disclsoure28 Nov 2022, 12:23PM Garnet International informs about board meeting intimation7 Nov 2022, 3:15PM Garnet International informs about disclosure 14 Sep 2022, 12:44PM Garnet International - Quaterly Results25 Jul 2022, 6:16PM Garnet International - Quaterly Results25 Jul 2022, 6:16PM Garnet International informs about board meeting18 Jul 2022, 4:55PM Garnet International informs about closure of trading window1 Jul 2022, 3:05PM Garnet International informs about disclosure6 Jun 2022, 10:11AM Garnet International submits revised certificate4 Jun 2022, 3:32PM Garnet International informs about disclosure22 Mar 2022, 4:04PM Garnet International informs about disclosure9 Mar 2022, 3:17PM Garnet International informs about disclosure7 Mar 2022, 4:37PM Garnet International - Quaterly Results9 Feb 2022, 4:41PM

Garnet International Stock Price Analysis and Quick Research Report. Is Garnet International an attractive stock to invest in?

 

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow. Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry. Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

To understand the functions of the Garnet International better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of Garnet International is Rs 1.8566 Cr and the compounded growth of profit in the past 3 years is 29.2773845262612 %. The PAT margin of Garnet International is 8.58912734725223 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Garnet International , the EPS grew by 165.548315541384 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): Garnet International has a poor ROE track record. The ROE of Garnet International is at 7.24536725379664 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Garnet International is worth at the current levels at Rs 60. Garnet International is trading at a current P/E ratio of 61.2309644670051 and the average historical P/E for the last 5 years was 12.246192893401.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Garnet International is trading at a P/B of 4.7092 . The average historical P/B for the last 5 years was 2.9995914252464. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

  • Share Price: - The current share price of Garnet International is Rs 60. One can use valuation calculators of ticker to know if Garnet International share price is undervalued or overvalued.

Last Updated on:
Brief about Garnet International
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