BSE: 544163 | NSE: | Petrochemicals |
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Greenhitech Ventures Ltd is a below average quality company.
The key valuation ratios of Greenhitech Ventures Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Greenhitech Ventures Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'24 | TTM | ||
|---|---|---|---|
| ROCE % ⓘ | 19.3% | - | |
| Value Creation Index ⓘ | 0.4 | - | |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||
| Sales ⓘ | 8.3 | 8 | |
| Sales YoY Gr. | - | - | |
| Adj EPS ⓘ | 3.4 | 2.5 | |
| YoY Gr. | - | - | |
| BVPS (₹) ⓘ | 15.7 | 24.9 | |
| Adj Net Profit ⓘ | 1.2 | 1 | |
| Cash Flow from Ops. ⓘ | -8.2 | - | |
| Debt/CF from Ops. ⓘ | -0.6 | - | |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | NA | NA | ||||
| Adj EPS ⓘ | NA | NA | NA | NA | ||||
| BVPSⓘ | NA | NA | NA | NA | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'24 | TTM | |
|---|---|---|
| Return on Equity % ⓘ | 22 | 12.4 |
| Op. Profit Mgn % ⓘ | 24.3 | NAN |
| Net Profit Mgn % ⓘ | 14.2 | 14.2 |
| Debt to Equity ⓘ | 0.8 | - |
| Working Cap Days ⓘ | 0 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 0 |
No data to display
Return on Equity has declined versus last 3 years average to 12.40%
Sales growth has been subdued in last 3 years 0.00%
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 2.5 | - |
| TTM Sales (₹ Cr.) | 8.3 | - |
| BVPS (₹.) ⓘ | 24.9 | - |
| Reserves (₹ Cr.) ⓘ | 7 | - |
| P/BV ⓘ | 4.89 | - |
| PE ⓘ | 48.33 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 73.50 / 175.00 |
| All Time Low / High (₹) | 73.50 / 175.00 |
| Market Cap (₹ Cr.) | 57.2 |
| Equity (₹ Cr.) | 4.7 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 60.3 |
| Pledged * | 0.00 |
| PARTICULARS | Mar'24 |
|---|---|
| Sales | 8.32 |
| Operating Expenses ⓘ | 6.30 |
| Manufacturing Costs | 0 |
| Material Costs | 4.20 |
| Employee Cost | 0.58 |
| Other Costs ⓘ | 1.52 |
| Operating Profit ⓘ | 2.02 |
| Operating Profit Margin (%) | 24.2% |
| Other Income ⓘ | 0 |
| Interest ⓘ | 0.33 |
| Depreciation ⓘ | 0.10 |
| Exceptional Items ⓘ | 0 |
| Profit Before Tax ⓘ | 1.59 |
| Tax ⓘ | 0.40 |
| Profit After Tax | 1.18 |
| PAT Margin (%) | 14.2% |
| Adjusted EPS (₹) | 3.4 |
| Dividend Payout Ratio (%) | 0% |
| PARTICULARS | Mar'24 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 5.39 | |||||||||
| Share Capital ⓘ | 3.44 | |||||||||
| Reserves ⓘ | 1.95 | |||||||||
| Minority Interest | 0 | |||||||||
| Debt | 4.54 | |||||||||
| Long Term Debt | 1.13 | |||||||||
| Short Term Debt | 3.41 | |||||||||
| Trade Payables | 19.83 | |||||||||
| Others Liabilities ⓘ | 2.64 | |||||||||
| Total Liabilities ⓘ | 32.41 | |||||||||
Fixed Assets | ||||||||||
| Gross Block | 0.60 | |||||||||
| Accumulated Depreciation | 0.32 | |||||||||
| Net Fixed Assetsⓘ | 0.27 | |||||||||
| CWIP ⓘ | 0 | |||||||||
| Investmentsⓘ | 0 | |||||||||
| Inventories | 3.56 | |||||||||
| Trade Receivables | 22.26 | |||||||||
| Cash Equivalents | 0.15 | |||||||||
| Others Assetsⓘ | 6.16 | |||||||||
| Total Assets ⓘ | 32.41 | |||||||||
| PARTICULARS | Mar'24 |
|---|---|
| Cash Flow From Operating Activity ⓘ | -8.22 |
| PBT ⓘ | 1.59 |
| Adjustment ⓘ | 0.10 |
| Changes in Working Capital ⓘ | -9.91 |
| Tax Paid ⓘ | 0 |
| Cash Flow From Investing Activity ⓘ | -0.38 |
| Capex | -0.38 |
| Net Investments | 0 |
| Others ⓘ | 0 |
| Cash Flow From Financing Activityⓘ | 8.75 |
| Net Proceeds from Shares ⓘ | 4.21 |
| Net Proceeds from Borrowing ⓘ | 0 |
| Interest Paid ⓘ | 0 |
| Dividend Paid ⓘ | 0 |
| Others ⓘ | 4.54 |
| Net Cash Flow ⓘ | 0.15 |
| PARTICULARS | Mar'24 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 21.95 | |||||||||
| ROCE (%) | 19.28 | |||||||||
| Asset Turnover Ratio | 0.26 | |||||||||
| PAT to CFO Conversion(x) | -6.97 | Working Capital Days | ||||||||
| Receivable Days | 977 | |||||||||
| Inventory Days | 156 | |||||||||
| Payable Days | 1,724 | |||||||||
Greenhitech Ventures Limited was originally formed as a Partnership Firm under the Partnership Act, 1932 (Partnership Act) in the name and style of ‘Greentech Hydrocarbons’ pursuant to Deed of Partnership dated November 18, 2011. Greentech Hydrocarbons was thereafter converted from Partnership Firm to a Private Limited Company under Part I chapter XXI of the Companies Act, 2013 with the name and style of ‘Greenhitech Ventures Private Limited’ and received a Certificate of Incorporation from the Registrar of Companies, Central Registration Centre dated May 14, 2023. Subsequently the Company was converted into Public Limited Company and name of company was changed from ‘Greenhitech Ventures Private Limited’ to ‘Greenhitech Ventures Limited’ vide fresh certificate of incorporation dated October 10, 2023 issued by the Registrar of Companies, Kanpur.
The company is engaged in trading of various petroleum-based products for the different categories of industries based on their requirement. This includes supply of biofuels, bitumen, light density oils, furnace oils etc. The company is also engaged in Operation & Maintenance as Job worker for Ethanol manufacturing in Government owned distilleries. It understands the market needs and upgrades its team constantly with growing technology and market trends. It provides business solutions and services to consumers of Fuels and other alternative materials across India.
The company is engaged in Operation & Maintenance as Job worker for Ethanol manufacturing in Government owned distilleries. Company is not having its owned manufacturing unit. The Company bids for tender of Government owned distillery for Operation & Maintenance as Job worker for Ethanol manufacturing. After receipt of tender, the company runs the ethanol plant in government owned distillery and manufacture ethanol and transfer all ethanol manufactured to the respective distillery. Hence there is no procurement and selling of Product for ethanol manufacturing as the Company manufacturer ethanol in government owned distillery for transferring to them only.
Business area of the company
The company is engaged in trading of various petroleum-based products for the different categories of industries based on their requirement. This includes supply of biofuels, bitumen, light density oils, furnace oils etc. The company is also engaged in Operation & Maintenance as Job worker for Ethanol manufacturing in Government owned distilleries.
History and milestones
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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