GTN Textiles Limited manufactures, sells, and exports combed cotton yarns in India and internationally.
Fair value with imperfect balance sheet.
Share Price & News
How has GTN Textiles's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GTNTEX has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GTNTEX underperformed the Indian Luxury industry which returned 17.4% over the past year.
Return vs Market: GTNTEX underperformed the Indian Market which returned 9.5% over the past year.
Price Volatility Vs. Market
How volatile is GTN Textiles's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDo Institutions Own GTN Textiles Limited (NSE:GTNTEX) Shares?
3 months ago | Simply Wall StDo Insiders Own Lots Of Shares In GTN Textiles Limited (NSE:GTNTEX)?
5 months ago | Simply Wall StThose Who Purchased GTN Textiles (NSE:GTNTEX) Shares Five Years Ago Have A 40% Loss To Show For It
Is GTN Textiles undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GTNTEX (₹6.6) is trading below our estimate of fair value (₹52.86)
Significantly Below Fair Value: GTNTEX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GTNTEX is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: GTNTEX is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GTNTEX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GTNTEX is good value based on its PB Ratio (0.1x) compared to the IN Luxury industry average (0.5x).
How is GTN Textiles forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as GTN Textiles has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether GTN Textiles is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- GTN Textiles competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has GTN Textiles performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GTNTEX is currently unprofitable.
Growing Profit Margin: GTNTEX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GTNTEX is unprofitable, and losses have increased over the past 5 years at a rate of -17.6% per year.
Accelerating Growth: Unable to compare GTNTEX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GTNTEX is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).
Return on Equity
High ROE: GTNTEX has a negative Return on Equity (-14.12%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is GTN Textiles's financial position?
Financial Position Analysis
Short Term Liabilities: GTNTEX's short term assets (₹637.5M) do not cover its short term liabilities (₹1.1B).
Long Term Liabilities: GTNTEX's short term assets (₹637.5M) exceed its long term liabilities (₹64.5M).
Debt to Equity History and Analysis
Debt Level: GTNTEX's debt to equity ratio (74.8%) is considered high.
Reducing Debt: GTNTEX's debt to equity ratio has reduced from 205.6% to 74.8% over the past 5 years.
Inventory Level: GTNTEX has a high level of physical assets or inventory.
Debt Coverage by Assets: GTNTEX's debt is covered by short term assets (assets are 1.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if GTNTEX has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GTNTEX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is GTN Textiles's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GTNTEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GTNTEX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GTNTEX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GTNTEX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GTNTEX is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GTNTEX's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Binod Patodia (74yo)
Mr. Binod Kumar Patodia, B.E. has been the Managing Director of GTN Textiles Ltd. since December 19, 2005. Mr. Patodia served as a Compliance Officer and Company Secretary of Madhusudan Industries Ltd. unt ...
CEO Compensation Analysis
Compensation vs Market: Binod's total compensation ($USD56.74K) is about average for companies of similar size in the Indian market ($USD50.06K).
Compensation vs Earnings: Binod's compensation has been consistent with company performance over the past year.
|Chairman & MD||14.2yrs||₹4.08m||26.09% ₹18.1m|
|Independent Director||5.4yrs||no data||no data|
|Independent Director||14.2yrs||₹75.00k||no data|
|Independent Director||5.4yrs||₹80.00k||no data|
|Non- Executive Director||0.3yrs||no data||no data|
Experienced Board: GTNTEX's board of directors are considered experienced (5.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
GTN Textiles Limited's company bio, employee growth, exchange listings and data sources
- Name: GTN Textiles Limited
- Ticker: GTNTEX
- Exchange: NSEI
- Founded: 2005
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹69.494m
- Shares outstanding: 11.64m
- Website: https://www.gtntextiles.com
Number of Employees
- GTN Textiles Limited
- Palal Towers
- 3rd Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532744||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2006|
|GTNTEX||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||May 2006|
GTN Textiles Limited manufactures, sells, and exports combed cotton yarns in India and internationally. The company was incorporated in 2005 and is headquartered in Kochi, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 12:55|
|End of Day Share Price||2020/02/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.