Is Govind Rubber a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Govind Rubber Ltd is a average quality company .

Is Govind Rubber undervalued or overvalued?

The key valuation ratios of Govind Rubber Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Govind Rubber share price return in the past 10 years?

Govind Rubber Ltd share price has declined -15.6% annually (CAGR) over the past ten years.

Is Govind Rubber a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Govind Rubber Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Govind Rubber Ltd - Stock Valuation and Financial Performance

Name: Govind Rubber
Brand: Govind Rubber

BSE: 509148 | NSE: GOVINRUBER | Tyres & Allied | Small Cap

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Govind Rubber Share Price

₹2.78 0.00 0.00%
as on 22-May'23 18:01

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Based on:

Data

M-Cap below 100cr DeciZen not available

Govind Rubber stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

0.04

Market Cap:

6.1 Cr.

52-wk low:

2.5

52-wk high:

2.8

Is Govind Rubber Ltd an attractive stock to invest in?

10 Year X-Ray of Govind Rubber: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	8.7%	9.1%	10.2%	3.7%	-16.6%	-147.6%	417.8%	-6.1%	-1.2%	-5.1%	-
Value Creation Index ⓘ	-0.4	-0.4	-0.3	-0.7	-2.2	NA	28.8	NA	NA	NA	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	407	339	295	205	109	2.7	0.4	37.8	95.8	81.1	0
Sales YoY Gr.	-	-16.9%	-12.9%	-30.4%	-46.9%	-97.6%	-84.6%	9,114.6%	153.6%	-15.3%	-
Adj EPS ⓘ	-0.3	-0.4	0.4	-3	-17	-60.1	74.8	-8.2	-2.3	-7.9	74.8
YoY Gr.	-	NA	NA	-841.5%	NA	NA	NA	-111%	NA	NA	-
BVPS (₹) ⓘ	14.8	14.6	14.6	10.6	10.4	-52.3	22.5	56.8	54.2	46.3	22.5
Adj Net Profit ⓘ	-0.7	-1	0.9	-6.6	-37.1	-131	163	-4.1	-1.6	-5.3	163
Cash Flow from Ops. ⓘ	34.2	27.9	30.1	14.9	13	15	0	13.5	-10.5	9	-
Debt/CF from Ops. ⓘ	3.4	4	3.4	9	10.2	7.9	0	2.4	-3.3	3.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-16.4%	-5.7%	482.7%	-15.3%
Adj EPS ⓘ	NA	NA	-147.3%	NA
BVPSⓘ	13.6%	34.9%	27.2%	-14.6%
Share Price	-15.6%	-1.8%	1.6%	4.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	-2.2	-3	2.8	-24	-161.8	286.5	-502.2	-10.6	-4.8	-15.7	217.5
Op. Profit Mgn % ⓘ	5.2	6.6	7.9	5.2	-18.1	-4041.4	-6766.2	-37.5	5	9.7	-4041.6
Net Profit Mgn % ⓘ	-0.2	-0.3	0.3	-3.2	-34	-4918.8	39922	-10.9	-1.6	-6.6	39866
Debt to Equity ⓘ	3.6	3.6	3.2	5.8	5.9	-1	0.5	1.1	1	1	-
Working Cap Days ⓘ	182	214	227	319	503	9,160	8,879	206	140	193	9,104
Cash Conv. Cycle ⓘ	86	93	72	134	217	5,229	1,056	40	38	93	-1,09,862

Recent Performance Summary

Latest Financials - Govind Rubber Ltd.

	Standalone	Consolidated
TTM EPS (₹)	74.8	-1
TTM Sales (₹ Cr.)	0.4	410
BVPS (₹.) ⓘ	22.5	11
Reserves (₹ Cr.) ⓘ	27	2
P/BV ⓘ	0.12	0.25
PE ⓘ	0.04	0.00

From the Market
52 Week Low / High (₹)	2.52 / 2.78
All Time Low / High (₹)	0.83 / 550.00
Market Cap (₹ Cr.)	6.1
Equity (₹ Cr.)	21.8
Face Value (₹)	10
Industry PE ⓘ	27.6

Management X-Ray of Govind Rubber:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.28

* Pledged shares as % of Promoter's holding (%)

Valuation of Govind Rubber

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Govind Rubber

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	407.34	338.71	294.95	205.36	109.05	2.67	0.41	37.78	95.79	81.13
Operating Expenses ⓘ	386.02	317.14	272.81	194.74	128.75	110.59	28.10	51.95	91.01	73.30
Manufacturing Costs	30.15	31.04	25.55	17.99	10.63	2.40	0.98	5.26	9.27	8.83
Material Costs	252.03	187.13	161.78	109.48	71.57	33.14	0.41	22.30	63.68	47.89
Employee Cost	31.70	34.37	35.78	31.78	23.91	5.41	0.06	7.50	13.13	11.26
Other Costs ⓘ	72.14	64.60	49.71	35.49	22.65	69.64	26.65	16.90	4.93	5.32
Operating Profit ⓘ	21.32	21.57	22.13	10.62	-19.71	-107.92	-27.69	-14.18	4.78	7.83
Operating Profit Margin (%)	5.2%	6.4%	7.5%	5.2%	-18.1%	-4,046.1%	-6,766.2%	-37.5%	5.0%	9.7%
Other Income ⓘ	1.77	3.40	0.37	0.76	1.34	0.06	205.90	22.08	0.23	0.16
Interest ⓘ	19.70	20.54	19.06	17.18	15.82	17.98	0	0.01	1.10	2.80
Depreciation ⓘ	3.26	3.61	3.27	3.42	2.59	3.04	2.21	2.16	2.12	2.57
Exceptional Items ⓘ	0	-0.47	0	-3.89	0	-8.03	0	0.25	0	0
Profit Before Tax ⓘ	0.13	0.35	0.18	-13.10	-36.77	-136.90	175.99	5.98	1.80	2.61
Tax ⓘ	-0.16	0.30	0.05	-3.99	0	0	12.56	9.92	3.35	7.95
Profit After Tax	0.28	0.06	0.13	-9.11	-36.77	-136.90	163.44	-3.95	-1.56	-5.33
PAT Margin (%)	0.1%	0.0%	0.0%	-4.4%	-33.7%	-5,132.7%	39,930.5%	-10.4%	-1.6%	-6.6%
Adjusted EPS (₹)	0.1	0.0	0.1	-4.2	-16.8	-62.7	74.8	-7.9	-2.3	-7.9
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	32.21	31.84	31.97	23.20	22.65	-114.25	49.18	28.39	36.59	31.26
Share Capital ⓘ	21.84	21.84	21.84	21.84	21.84	21.84	21.84	5	6.75	6.75
Reserves ⓘ	10.37	10	10.13	1.36	0.81	-136.09	27.34	23.39	29.84	24.51
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	108.25	100.08	95.93	131.70	130.83	117.46	24.14	32.49	34.89	29.86
Long Term Debt	28.56	18.46	19.03	19.60	19.60	8.54	16.80	22.87	25.29	29.86
Short Term Debt	79.69	81.62	76.90	112.09	111.23	108.92	7.34	9.63	9.60	0
Trade Payables	86.76	93.87	75.53	48.67	37.40	32.95	1.32	16.70	13.14	6.01
Others Liabilities ⓘ	41.91	45.03	38.94	29.05	27.76	45.59	13.30	23.48	26.60	43.56
Total Liabilities ⓘ	269.13	270.82	242.38	232.61	218.64	81.75	87.94	101.08	111.22	110.68
Fixed Assets
Gross Block	134.01	136.80	143.28	44.10	79.23	79.23	79.22	178.07	179.24	179.75
Accumulated Depreciation	93.22	97.29	100.24	3.38	5.93	8.96	11.18	111.75	113.87	116.44
Net Fixed Assetsⓘ	40.79	39.52	43.04	40.71	73.30	70.26	68.05	66.32	65.38	63.31
CWIP ⓘ	1.76	5.63	0.05	0.57	0.98	0	0	0	0	0
Investmentsⓘ	3.24	3.13	3.13	3.13	3.13	3.13	3.13	3.13	3.13	3.13
Inventories	44.71	77.87	51.46	57.40	40.10	0.44	0.03	12.71	18.42	16.10
Trade Receivables	150.16	115.02	112.42	79.40	49.38	1.82	4.18	5.41	12.94	15.69
Cash Equivalents	4.15	4.44	2.89	3.85	2.17	0.09	5.12	0.66	0.04	0.94
Others Assetsⓘ	24.32	25.22	29.40	47.56	49.58	6.01	7.44	12.85	11.31	11.52
Total Assets ⓘ	269.13	270.82	242.38	232.61	218.64	81.75	87.94	101.08	111.22	110.68

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	34.15	27.93	30.08	14.92	13.03	15.02	13.46	-10.54	9.03
PBT ⓘ	0.13	0.35	0.18	-13.10	-36.77	-136.90	5.98	1.80	2.61
Adjustment ⓘ	21.27	22.46	23.37	20.56	18.03	29.12	2.15	3.16	5.17
Changes in Working Capital ⓘ	13.04	5.18	6.56	7.48	31.79	122.76	5.33	-15.5	1.24
Tax Paid ⓘ	-0.29	-0.06	-0.03	-0.02	-0.02	0.04	0	0	0
Cash Flow From Investing Activity ⓘ	-7.73	-2.98	-0.56	-1.29	0.62	1.03	-0.42	-1.18	-0.50
Capex	0.74	2.60	0.05	0.13	0.88	0.01	-0.42	-1.18	-0.50
Net Investments	0	0	0	0	0	0	0	0	0
Others ⓘ	-8.47	-5.58	-0.61	-1.42	-0.27	1.02	0	0	0
Cash Flow From Financing Activityⓘ	-25.51	-24.66	-30.12	-13.38	-13.63	-17.03	-17.51	11.10	-7.63
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	-16.85	9.75	0
Net Proceeds from Borrowing ⓘ	-5.14	-5.69	-9.57	-2.90	0	0	-2.95	2.42	4.57
Interest Paid ⓘ	-19.86	-20.15	-14.70	-14	-13.30	-2.93	0	-1.05	-2.60
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0
Others ⓘ	-0.51	1.18	-5.85	3.52	-0.34	-14.10	2.29	-0.03	-9.60
Net Cash Flow ⓘ	0.92	0.29	-0.59	0.24	0.01	-0.98	-4.46	-0.62	0.90

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	0.88	0.18	0.41	-33.04	-160.42	N/A	0	-10.18	-4.79	-15.72
ROCE (%)	13.19	14.21	13.82	2.8	-13.39	N/A	449.98	8.93	4.37	8.16
Asset Turnover Ratio	1.66	1.38	1.29	0.91	0.52	0.02	0	0.4	0.9	0.73
PAT to CFO Conversion(x)	121.96	465.5	231.38	N/A	N/A	N/A	0	N/A	N/A	N/A
Working Capital Days
Receivable Days	127	130	126	162	200	3,183	2,674	46	35	64
Inventory Days	37	60	71	92	152	2,520	205	62	59	78
Payable Days	119	176	191	207	219	387	0	148	86	73

Govind Rubber Ltd Stock News

Govind Rubber Ltd FAQs

What is the share price of Govind Rubber?

Company share prices are keep on changing according to the market conditions. The closing price of Govind Rubber on 22-May-2023 18:01 is ₹2.78.

What is the market cap of Govind Rubber?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-May-2023 18:01 the market cap of Govind Rubber stood at ₹6.07.

What is the P/E ratio of Govind Rubber?

The latest P/E ratio of Govind Rubber as of 22-May-2023 18:01 is 0.04.

What is the P/B ratio of Govind Rubber?

The latest P/B ratio of Govind Rubber as of 22-May-2023 18:01 is 0.12.

What is the 52-week high and low of Govind Rubber?

The 52-week high of Govind Rubber is ₹2.78 and the 52-week low is ₹2.52.

What is the TTM revenue of Govind Rubber?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Govind Rubber is ₹0.41 ( Cr.) .

About Govind Rubber Ltd

Govind Rubber Ltd. (GRL) was established in the year 1981.Over the years,GRL operations have been grown multifold. Presently,it has a work force of over 6,000 persons and an installed production capacity of over 60,000 Metric Tones per anum.

Govind Rubber is a part of a big Industrial group called Siyaram Poddar Group (SPG). The group is engagged in the business of diverse products like Tires,Textiles and Paper products.

GRL Tire range in â€˜Internationalâ€™ brand is reckoned for high degree quality consistency.It has earned customer confidence and goodwill in international and domestic markets with prestigious OEM's and in replacement markets,worldwide.The development of new sizes,profiles and special types of Tires is an ongoing in-house activity. The research and development department has its own fully equipped laboratory for conducting checks and controls where stingent tests are conducted and findings can be traced for each batch.

Govind's mission is to achieve Industry Leader status in special niche markets by continuously improving on its tires through its fully developed Research and Development Labs, while recognising the requirements in consonance with its customers.

The Motto of Govindis to Extend Tire Life,Reduce Down Time,Improve Performance and Safety and thereby reduce the consumers operating cost i.e. 'more miles from smiles'TM

Govind was founded by late Mr.M.P.Poddar a true visionary who always thought of globalization of operations.With reliability of quality,service and on time delivery while keeping a constant eye on Research and Development,being the cornerstones of his working principles. As a result Govind Rubber Limited has made exclusive and strategic agreements/arrangements in the USA,Europe,Middle East & Far East to cater to its wide customer base.

They invite equipment manufactures/dealers to discuss with us on how we can jointly develop Tires for their special applications. Come contact us today and see how we can make a difference to your business.

Product range of the company includes

GRL manufactures Auto Tires in Nylon Cross Ply(Bias Type) for