Groarc Industries India Ltd - Stock Valuation and Financial Performance

BSE: 532315 | NSE: | IT - Software | Small Cap

Groarc Indust Ind Share Price

11.60 0.49 4.41%
as on 22-Nov'24 12:31

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Groarc Industries India stock performance -

mw4me loader
P/E Ratio (SA):
33.64
Market Cap:
22.7 Cr.
52-wk low:
8.4
52-wk high:
16.2

Is Groarc Industries India Ltd an attractive stock to invest in?

1. Is Groarc Industries India Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Groarc Industries India Ltd is a below average quality company.

2. Is Groarc Industries India Ltd undervalued or overvalued?

The key valuation ratios of Groarc Industries India Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Groarc Industries India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Groarc Industries India 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 Groarc Indust Ind:

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.
Groarc Industries India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 0.1%1.6%-7.2%1%2.4%1.1%7.4%2.4%0.8%0.8%-
Value Creation
Index
-1.0-0.9-1.5-0.9-0.8-0.9-0.5-0.8-1.0-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.20.800.20.50.313.963.468.940.761
Sales YoY Gr.-406.7%-96.1%666.7%117.4%-48%5,234.6%356.7%8.8%-41%-
Adj EPS 0.30.2-0.30.10.30.21.40.70.10.10.3
YoY Gr.--32.4%-208.7%NA107.1%-20.7%526.1%-53.5%-85.1%30%-
BVPS (₹) 17.117.31616.116.416.51818.618.919.119.4
Adj Net
Profit
0.30.2-0.30.10.30.21.40.70.20.31
Cash Flow from Ops. 0.20.4-2.12-1.23.1-6.3-6.4-10.414.6-
Debt/CF from Ops. 63.6-0.20.3-0.30-3.1-3.200-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 86.4%141%43.1%-41%
Adj EPS -10.1%-14.8%-55.1%30%
BVPS1.2%3.1%2%0.7%
Share Price 16.8% 36.5% 67.9% 26.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
21.4-1.50.91.81.48.43.70.80.71.7
Op. Profit
Mgn %
-660.7-82.2-4612.2-664.9-358.5-888.5-1.2-0.30.30.11.6
Net Profit
Mgn %
221.830.6-751.860.857.788.210.41.10.30.71.1
Debt to
Equity
0.10.100001.11.1000
Working Cap
Days
57,05111,4972,54,43534,31517,09832,8536951811852701,497
Cash Conv.
Cycle
0000001971041392171,480

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 43.13%

Sales growth is good in last 4 quarters at 90.16%

Return on Equity has declined versus last 3 years average to 1.70%

Net Profit has been subdued in last 3 years -55.14%

Latest Financials - Groarc Industries India Ltd.

Standalone Consolidated
TTM EPS (₹) 0.3 -
TTM Sales (₹ Cr.) 61.1 -
BVPS (₹.) 19.4 -
Reserves (₹ Cr.) 19 -
P/BV 0.57 -
PE 33.64 -
From the Market
52 Week Low / High (₹) 8.40 / 16.23
All Time Low / High (₹) 0.46 / 24.50
Market Cap (₹ Cr.) 22.7
Equity (₹ Cr.) 20.5
Face Value (₹) 10
Industry PE 34.6

Management X-Ray of Groarc Indust Ind:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Groarc Indust Ind

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales0.150.760.030.230.500.2613.8763.3568.9040.67
Operating Expenses 1.151.393.161.792.292.6714.0363.5068.6940.63
Manufacturing Costs0.060.060.060.070.100.040.120.030.010.02
Material Costs0.490000011.9262.7666.5039.59
Employee Cost 0.320.760.790.780.580.600.550.420.110.12
Other Costs 0.280.572.310.941.622.031.430.292.070.91
Operating Profit -1-0.63-3.12-1.56-1.79-2.41-0.16-0.160.220.04
Operating Profit Margin (%) -660.0%-82.2%-9,460.7%-664.0%-358.0%-942.0%-1.1%-0.2%0.3%0.1%
Other Income 1.271.071.891.762.222.592.151.140.150.33
Interest 00000.0600000
Depreciation 0.240.150.030.030.030.010.010.060.080.07
Exceptional Items 0000000000
Profit Before Tax 0.020.30-1.260.170.340.171.990.920.290.31
Tax -0.310.070.110.030.050.050.540.250.080.04
Profit After Tax 0.340.23-1.370.140.290.131.440.670.210.27
PAT Margin (%) 221.8%30.6%-4,145.7%60.8%57.7%50.4%10.4%1.1%0.3%0.7%
Adjusted EPS (₹)0.30.2-1.40.10.30.11.40.70.10.1
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 17.1017.3315.9616.1116.4016.5217.9718.6438.7238.99
Share Capital 10.0110.0110.0110.0110.0110.0110.0110.0120.4720.47
Reserves 7.097.325.956.106.396.517.968.6318.2618.52
Minority Interest0000000000
Debt1.021.430.450.670.35019.2920.3200
Long Term Debt0000000000
Short Term Debt1.021.430.450.670.35019.2920.3200
Trade Payables0000000000
Others Liabilities 8.128.145.756.418.096.331.270.720.350.24
Total Liabilities 26.2526.9122.1723.1824.8422.8638.5339.6839.0739.23

Fixed Assets

Gross Block1.221.221.181.181.180.180.191.261.271.27
Accumulated Depreciation0.800.950.981.011.030.170.170.240.320.39
Net Fixed Assets0.420.270.200.170.150.020.021.030.950.88
CWIP 0000000000
Investments 1.601.6000000000
Inventories0000000.111.7800
Trade Receivables00000014.8819.3431.4117.01
Cash Equivalents 0.640.500.490.450.401.017.556.830.0716.32
Others Assets23.5924.5321.4822.5624.2921.8315.9610.706.645.02
Total Assets 26.2526.9122.1723.1824.8422.8638.5339.6839.0739.23

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0.170.40-2.122.04-1.243.07-6.30-6.40-10.3614.62
PBT 0.020.24-1.260.170.270.091.440.670.290.31
Adjustment 0.240.151.5400.030.140.01-0.6700.02
Changes in Working Capital -0.090.01-2.41.87-1.542.83-7.75-6.4-10.6514.29
Tax Paid 0000000000
Cash Flow From Investing Activity -0.43-0.943.10-2.29-0.44-0.4318.425.22-16.261.62
Capex 000.040-0.01-0.01-0.01-1.0700
Net Investments -0.71000000000
Others 0.27-0.943.06-2.29-0.43-0.4218.436.29-16.261.62
Cash Flow From Financing Activity 0.700.41-0.980.211.63-2.03-5.590.4619.870
Net Proceeds from Shares 0000000019.870
Net Proceeds from Borrowing 00001.63-2.03-5.59-0.2800
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0.700.41-0.980.210000.7400
Net Cash Flow 0.44-0.14-0.01-0.04-0.050.616.53-0.72-6.7516.25
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)1.971.36-8.220.891.780.798.373.670.750.69
ROCE (%)0.131.62-7.181.042.411.057.392.410.750.79
Asset Turnover Ratio0.010.0300.010.020.010.451.621.751.04
PAT to CFO Conversion(x)0.51.74N/A14.57-4.2823.62-4.38-9.55-49.3354.15
Working Capital Days
Receivable Days00000039299134217
Inventory Days0000003500
Payable Days0000000000

Groarc Industries India Ltd Stock News

Groarc Industries India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Groarc Indust Ind on 22-Nov-2024 12:31 is ₹11.60.
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-Nov-2024 12:31 the market cap of Groarc Indust Ind stood at ₹22.74.
The latest P/E ratio of Groarc Indust Ind as of 22-Nov-2024 12:31 is 33.64.
The latest P/B ratio of Groarc Indust Ind as of 22-Nov-2024 12:31 is 0.57.
The 52-week high of Groarc Indust Ind is ₹16.23 and the 52-week low is ₹8.40.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Groarc Indust Ind is ₹61.05 ( Cr.) .

About Groarc Industries India Ltd

Groarc Industries India Limited was established in the year 1992 as Telesys Software Pvt. Ltd and subsequently converted into a public limited company in November 1999. The company was originally promoted by S R Kamath and Vatsala R Kamath. The name of the Company was changed from Telesys Software Ltd. to Telesys Info-Infra (I) Ltd with effect from November 5, 2009 and subsequently changed to Groarc Industries India Ltd. On September 30, 2023. The registered office of the company is situated at Blackers Road, Gaiety Palace, Chennai, Tamil Nadu.

Business area of the company

The company carries out turnkey projects and on-site -consultancy primarily for the domestic small and medium enterprise segment and the process of developing branch automation softwar (T-Bank), hotel management software (T-OTEL) and hospital management software (T- OSPITAL). It is also developing various e-commerce component.

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