GTN Industries Ltd - Stock Valuation and Financial Performance

BSE: 500170 | NSE: GTNIND | Textile - Spinning | Small Cap

GTN Inds Share Price

27.40 -0.50 -1.79%
as on 04-Apr'25 16:59

DeciZen - make an informed investing decision on GTN Inds

M-Cap below 100cr DeciZen not available

Is GTN Industries Ltd an attractive stock to invest in?

1. Is GTN Industries Ltd a good quality company?

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

2. Is GTN Industries Ltd undervalued or overvalued?

The key valuation ratios of GTN Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is GTN Industries Ltd a good buy now?

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

10 Year X-Ray of GTN Inds:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
GTN Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE %
4.1%7.6%6.1%6.1%4.3%8.7%7.5%31.5%19.9%-3.1%-
Value Creation
Index
-0.7-0.5-0.6-0.6-0.7-0.4-0.51.30.4-1.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales
409280284296357344310481314185172
Sales YoY Gr.
--31.5%1.3%4.2%20.7%-3.5%-9.9%55%-34.7%-40.9%-
Adj EPS
-7.91.1-2.7-4.7-4.8-6.4-3.826.98.8-3.7-2.6
YoY Gr.
-NA-346.4%NANANANANA-67.2%-142%-
BVPS (₹)
5.93.433.237.332.729.626.145.954.750.248.4
Adj Net
Profit
-13.91.9-4.8-8.2-8.4-11.3-6.647.215.5-6.5-5
Cash Flow from Ops.
25.324.52112.222.98.134.517.419.47-
Debt/CF from Ops.
5.767.115.17.921.355.11.65.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -8.4%-12.3%-15.8%-40.9%
Adj EPS NANANA-142%
BVPS26.9%8.9%24.4%-8.4%
Share Price 12.6% 37.5% -18.9% -26.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-25.52.6-7-13.3-13.7-20.7-13.674.717.5-7.1-5.2
Op. Profit
Mgn %
3.27.86.86.355.87.817.59.8-0.80.2
Net Profit
Mgn %
-3.40.7-1.7-2.8-2.4-3.3-2.19.84.9-3.5-2.6
Debt to
Equity
5.14.52.62.83.13.33.81.10.30.5-
Working Cap
Days
10211911413612011813812017116587
Cash Conv.
Cycle
47575963494457609710358

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.46

Return on Equity is Poor

Sales growth has been subdued in last 3 years -15.77%

Sales growth is not so good in last 4 quarters at -9.08%

Latest Financials - GTN Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -2.6 -
TTM Sales (₹ Cr.) 172 -
BVPS (₹.) 48.4 -
Reserves (₹ Cr.) 67 -
P/BV 0.57 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 23.30 / 39.75
All Time Low / High (₹) 4.94 / 143.75
Market Cap (₹ Cr.) 48.1
Equity (₹ Cr.) 17.5
Face Value (₹) 10
Industry PE 21.8

Quarterly Results

 Mar'24 YoY Gr. Rt. %Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %
Sales (₹ Cr.) 3,526 13.62,785 97.82,561 47.93,485 24.8
Adj EPS (₹) 5.4 -284.7 234.33.9 111.55.7 9.7
Op. Profit Mgn % 23.80 158 bps26.58 686 bps26.02 308 bps26.36 -261 bps
Net Profit Mgn % 15.29 -808 bps16.72 711 bps15.04 487 bps16.20 -162 bps

Management X-Ray of GTN Inds:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:74.34%Institutions:0%Non-Institutions:25.66%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Sep22Dec22Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec240%20%40%60%80%
Pledged *51.2151.2170.0551.2151.2170.0551.2151.2151.210.00
* Pledged shares as % of Promoter's holding (%)

Valuation of GTN Inds

MRP
spaceLock icon
MOS
spaceLock icon%
DP
spaceLock icon
Base EPS
spaceLock icon
DPS
spaceLock icon
MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max

Event Update

Login/Register to view analysis.

Analyst's Notes

No data found!

Key Ratios of GTN Inds

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Company Name CMP(₹)
Change ₹(%)
Market Cap
Net Sales (₹ Cr.)
Latest EPS (₹)
Net Profit Margin %
Latest P/E
Latest P/BV
Trident 26.6 -0.6 (-2.3%) Small Cap 6,730 0.6 5.2 46.3 3.2
Filatex India 37.5 -1.6 (-4.2%) Small Cap 4,286 2.9 2.5 13.6 1.4
Nahar Spinning Mills 235.9 1.1 (0.5%) Small Cap 3,050 -2.9 -1.2 - 0.6
Sanathan Textiles 382 -3.1 (-0.8%) Small Cap 2,957 16.7 4.5 23 1.7
Nitin Spinners 352.5 -10.8 (-3%) Small Cap 2,906 29.9 4.5 12.1 1.6
Sutlej Textiles&Inds 38.5 -0.4 (-1%) Small Cap 2,703 -5 -4.9 - 0.7
Nahar Ind.Enterprise 99.3 -1.7 (-1.7%) Small Cap 1,472 4.9 0.5 20.8 0.5
GHCL Textiles 78.5 -0.1 (-0.2%) Small Cap 1,054 5.4 2.1 14.4 0.5
Sumeet Inds 4.8 0 (0%) Small Cap 985 -98.3 -6 - -0.5
Precot - 0 (0%) Small Cap 978 34.4 1 13.6 1.3
Shows rows:

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales408.69280.06283.72295.53356.70344.18310.24480.91313.89185.38
Operating Expenses 395.56258.16264.41277.07338.83325.22286.10396.89283.09187.09
Manufacturing Costs58.3449.8046.1246.4851.3948.2942.3349.0226.7326.88
Material Costs286.83167.31176.76187.32237.53228.50197.30284.45226.34135.16
Employee Cost 31.2627.4227.7928.9133.9332.2529.8734.1615.5915.19
Other Costs 19.1313.6313.7414.3615.9916.1816.6029.2714.429.86
Operating Profit 13.1321.9119.3118.4617.8818.9624.1584.0230.80-1.71
Operating Profit Margin (%) 3.2%7.8%6.8%6.2%5.0%5.5%7.8%17.5%9.8%-0.9%
Other Income 2.932.102.442.211.671.111.391.212.231.43
Interest 21.4618.3218.6622.5223.312524.9110.817.584.30
Depreciation 8.721.238.778.769.209.148.905.883.573.70
Exceptional Items 0.99-9.42-1.221.8809.150-18.3700
Profit Before Tax -13.13-4.95-6.89-8.73-12.96-4.91-8.2750.1721.88-8.29
Tax -0.59-0.54-2.16-2.48-4.610.54-2.0415.526.32-1.97
Profit After Tax -12.54-4.42-4.72-6.24-8.35-5.44-6.2234.6515.56-6.32
PAT Margin (%) -3.1%-1.6%-1.7%-2.1%-2.3%-1.6%-2.0%7.2%5.0%-3.4%
Adjusted EPS (₹)-7.2-2.5-2.7-3.6-4.8-3.1-3.619.88.9-3.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 73.3777.9558.1865.5357.4351.8745.7680.5096.0788.04
Share Capital 35.5544.5517.5517.5517.5517.5517.5517.5517.5517.55
Reserves 37.8233.4040.6347.9839.8834.3228.2162.9578.5270.49
Minority Interest0000000000
Debt131.02132.17135.65159.70168.33162.84154.5788.9131.3640.59
Long Term Debt65.3856.0349.9261.4379.0671.0871.1954.0819.4218.88
Short Term Debt65.6476.1585.7398.2689.2791.7683.3834.8311.9421.71
Trade Payables28.8419.2926.4337.5539.6541.1330.8643.8511.518.69
Others Liabilities 19.2821.5626.1339.1616.3217.2134.4510515.949.07
Total Liabilities 252.51250.98246.39301.94281.73273.04265.64318.25154.87146.38

Fixed Assets

Gross Block298.13301.67156.89320.19324.94310.48310.60144.17138.87144.13
Accumulated Depreciation147.25145.857.82149.71157.54164.52173.3690.1388.3490.40
Net Fixed Assets150.88155.83149.08170.48167.40145.96137.2454.0350.5353.73
CWIP 0.430.320.120.070.38002.845.530.26
Investments 0000000000
Inventories56.8456.7859.1763.2653.9961.8559.31112.6443.9939.64
Trade Receivables15.5810.7314.4732.1926.9424.3227.5346.4428.5613.32
Cash Equivalents 6.477.606.422.278.719.7511.7511.364.5418.29
Others Assets22.3219.7217.1433.6824.3231.1629.8190.9421.7221.13
Total Assets 252.51250.98246.39301.94281.73273.04265.64318.25154.87146.38

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 25.3124.5321.0312.1622.938.0834.5417.3719.387.04
PBT -13.13-4.95-5.05-6.46-8.10-5.56-6.1134.7415.57-6.22
Adjustment 28.8119.2927.6731.2432.5124.8933.8127.6411.248.42
Changes in Working Capital 9.6310.19-2.1-12.53-1.47-11.157.02-44.76-7.95.18
Tax Paid 000.51-0.100-0.09-0.18-0.260.47-0.35
Cash Flow From Investing Activity -8.06-5.87-1.80-30.17-6.4321.93-0.1857.7847.26-1.73
Capex -8.06-5.87-1.80-30.17-6.4321.93-0.1813.8147.26-1.73
Net Investments 0000000000
Others 000000043.9700
Cash Flow From Financing Activity -23.61-16.10-19.5615.74-14.35-28.57-32.60-77.76-66.933.05
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -12.39-9.35-12.748.41-10.37-7.990.11-17.11-34.66-0.54
Interest Paid -21.05-18.38-18.39-22.21-22.99-23.07-24.33-12.10-9.38-4.37
Dividend Paid 0000000000
Others 9.8211.6311.5829.5419.012.49-8.38-48.55-22.897.96
Net Cash Flow -6.372.56-0.33-2.272.161.451.76-2.62-0.298.35
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-70.53-54.48-14.75-10.09-13.59-9.96-12.7554.8917.62-6.87
ROCE (%)4.097.576.086.054.258.77.5331.5219.85-3.12
Asset Turnover Ratio1.531.111.151.081.221.241.151.651.331.23
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/A0.51.25N/A
Working Capital Days
Receivable Days19171629302731284441
Inventory Days59747476606171659182
Payable Days42534762596567484527

GTN Industries Ltd Stock News

GTN Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of GTN Inds on 04-Apr-2025 16:59 is ₹27.40.
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 04-Apr-2025 16:59 the market cap of GTN Inds stood at ₹48.06.
The latest P/E ratio of GTN Inds as of 04-Apr-2025 16:59 is 0.00.
The latest P/B ratio of GTN Inds as of 04-Apr-2025 16:59 is 0.57.
The 52-week high of GTN Inds is ₹39.75 and the 52-week low is ₹23.30.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of GTN Inds is ₹171.7 ( Cr.) .

About GTN Industries Ltd

GTN Industries was incorporated on August 2, 1962 in Alwaye, Kerala for the Manufacture of Cotton Yarn with a Capacity of 12000 Spindles. In 1966 the company was taken over by the present promoters the Patodia GTN Group. In 1983 GTN established another Unit at chitkul village Sangareddy Taluk Madak Dist. in Andra Pradesh.

GTN Industries, an organisation with over five decades of ceaseless efforts to select the best natural cotton fibre from the World Markets and convert it into value added products at the consumer end of the markets.

The company is having vertically integrated manufacturing set-up to produce fine and superfine cotton yarns, grey knitted fabrics, gassed fabrics, organic fabrics, mercerized fabrics and life style garments and Double Mercerized Cotton offers a unique One Stop Shop to those looking for an operationally strong and reliable source.

GTN Industries’ Cotton Yarn processing Plant at Shadnagar, near Hyderabad with an installed capacity of 6 tons/day, produces international quality Gassed, Mercerized, Dyed, Bleached Yarns. Grey Yarns that are spun at GTN’s in-house world class spinning facility with advance technology are processed on complimenting modern processing machines. The Company’s state-of-theart infrastructure sourced from world leaders in Italy, Switzerland and Germany

The company is having a state-of-the-art Garment Unit with built-up area of 8000 sq. mts spread over 7 acres with latest machinery and open width cutting capable of producing 4 million knitted garments per annum in the highest end of lifestyle garments at Hyderabad.

Product range of the company includes:
  • Grey yarns
  • Gassed yarns
  • Organic yarns,
  • Mercerized and dyed yarns
  • Knitted fabrics
  • Double mercerized garments

Read More Read Less
You have 1 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.
Please wait your portfolio is updating...