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Gromo Trade & Consultancy

BSE:501314
Snowflake Description

Adequate balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
501314
BSE
₹13B
Market Cap
  1. Home
  2. IN
  3. Retail
Company description

Gromo Trade & Consultancy Limited trades in textiles in India. The last earnings update was 103 days ago. More info.


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501314 Share Price and Events
7 Day Returns
-0.3%
BSE:501314
-1.6%
IN Retail Distributors
-0.1%
IN Market
1 Year Returns
-
BSE:501314
-22%
IN Retail Distributors
-3.7%
IN Market
501314 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Gromo Trade & Consultancy (501314) -0.3% -1.3% -4.6% - - 1399.2%
IN Retail Distributors -1.6% -2.7% -4.3% -22% -26.5% -0.8%
IN Market -0.1% -5% 5.7% -3.7% 34.5% 38.6%
1 Year Return vs Industry and Market
  • No trading data on 501314.
  • No trading data on 501314.
Price Volatility
501314
Industry
5yr Volatility vs Market

Value

 Is Gromo Trade & Consultancy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Gromo Trade & Consultancy. This is due to cash flow or dividend data being unavailable. The share price is ₹443.75.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Gromo Trade & Consultancy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Gromo Trade & Consultancy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:501314 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹0.09
BSE:501314 Share Price ** BSE (2019-05-20) in INR ₹443.75
India Retail Distributors Industry PE Ratio Median Figure of 64 Publicly-Listed Retail Distributors Companies 36.96x
India Market PE Ratio Median Figure of 2,759 Publicly-Listed Companies 15.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Gromo Trade & Consultancy.

BSE:501314 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:501314 Share Price ÷ EPS (both in INR)

= 443.75 ÷ 0.09

5032.55x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Gromo Trade & Consultancy is overvalued based on earnings compared to the IN Retail Distributors industry average.
  • Gromo Trade & Consultancy is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Gromo Trade & Consultancy's expected growth come at a high price?
Raw Data
BSE:501314 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5032.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Retail Distributors Industry PEG Ratio Median Figure of 20 Publicly-Listed Retail Distributors Companies 1.25x
India Market PEG Ratio Median Figure of 558 Publicly-Listed Companies 1.25x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Gromo Trade & Consultancy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Gromo Trade & Consultancy's assets?
Raw Data
BSE:501314 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹14.19
BSE:501314 Share Price * BSE (2019-05-20) in INR ₹443.75
India Retail Distributors Industry PB Ratio Median Figure of 99 Publicly-Listed Retail Distributors Companies 0.97x
India Market PB Ratio Median Figure of 3,638 Publicly-Listed Companies 1.02x
BSE:501314 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:501314 Share Price ÷ Book Value per Share (both in INR)

= 443.75 ÷ 14.19

31.28x

* Primary Listing of Gromo Trade & Consultancy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Gromo Trade & Consultancy is overvalued based on assets compared to the IN Retail Distributors industry average.
X
Value checks
We assess Gromo Trade & Consultancy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Retail Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Retail Distributors industry average (and greater than 0)? (1 check)
  5. Gromo Trade & Consultancy has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Gromo Trade & Consultancy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Gromo Trade & Consultancy 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-0.4%
Expected Retail Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Gromo Trade & Consultancy expected to grow at an attractive rate?
  • Unable to compare Gromo Trade & Consultancy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Gromo Trade & Consultancy's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Gromo Trade & Consultancy's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:501314 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Retail Distributors Industry Earnings Growth Rate Market Cap Weighted Average -0.4%
Global Retail Distributors Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
India Market Earnings Growth Rate Market Cap Weighted Average 16.9%
India Market Revenue Growth Rate Market Cap Weighted Average 10.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:501314 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:501314 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 253 3
2018-09-30 251 5
2018-06-30 251 9
2018-03-31 277 -2 1
2017-12-31 146 -12
2017-09-30 178 -9
2017-06-30 222 -18
2017-03-31 196 -42 0
2016-12-31 135 25
2016-09-30 153 -17
2016-06-30 110 -8
2016-03-31 108 -30 -15

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Gromo Trade & Consultancy is high growth as no earnings estimate data is available.
  • Unable to determine if Gromo Trade & Consultancy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:501314 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Gromo Trade & Consultancy Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:501314 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 0.09
2018-09-30 0.17
2018-06-30 0.33
2018-03-31 0.04
2017-12-31 -0.56
2017-09-30 -0.35
2017-06-30 -0.64
2017-03-31 0.01
2016-12-31 0.86
2016-09-30 -0.60
2016-06-30 -0.29
2016-03-31 -0.54

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Gromo Trade & Consultancy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Gromo Trade & Consultancy's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Gromo Trade & Consultancy's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Retail companies here
  3. Gromo Trade & Consultancy's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Gromo Trade & Consultancy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Gromo Trade & Consultancy has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Gromo Trade & Consultancy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Gromo Trade & Consultancy's growth in the last year to its industry (Retail Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Gromo Trade & Consultancy's year on year earnings growth rate has been positive over the past 5 years.
  • Gromo Trade & Consultancy has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Gromo Trade & Consultancy has become profitable in the last year making it difficult to compare the IN Retail Distributors industry average.
Earnings and Revenue History
Gromo Trade & Consultancy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Gromo Trade & Consultancy Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:501314 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 252.75 2.65 0.03
2018-09-30 251.01 4.90 0.03
2018-06-30 250.72 9.11
2018-03-31 276.98 1.04 0.03
2017-12-31 146.06 -11.54 0.06
2017-09-30 177.56 -9.17 0.06
2017-06-30 221.60 -18.20
2017-03-31 196.44 0.27 0.03
2016-12-31 134.54 24.59 0.04
2016-09-30 153.27 -17.18 0.04
2016-06-30 109.82 -8.20
2016-03-31 108.48 -15.32 0.04
2015-12-31 140.99 -39.73 1.20
2015-09-30 90.97 -12.45 0.96
2015-06-30 95.43 -12.50 0.10
2015-03-31 98.46 -9.47 0.06
2014-12-31 34.97 6.23 0.34
2014-09-30 34.97 8.89 0.34
2014-06-30 30.52 1.72 0.34
2014-03-31 24.99 -3.12 0.38
2013-12-31 0.79 -1.44 0.07
2013-09-30 1.03 0.03 0.07
2013-06-30 1.07 0.04
2013-03-31 1.19 0.03 0.07
2012-12-31 2.86 0.08 0.01
2012-09-30 2.65 0.10 0.01
2012-06-30 2.44 0.10 0.01

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Gromo Trade & Consultancy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Gromo Trade & Consultancy used its assets less efficiently than the IN Retail Distributors industry average last year based on Return on Assets.
  • Gromo Trade & Consultancy has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Gromo Trade & Consultancy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Retail Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Gromo Trade & Consultancy has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Gromo Trade & Consultancy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Gromo Trade & Consultancy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Gromo Trade & Consultancy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Gromo Trade & Consultancy has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Gromo Trade & Consultancy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 7.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Gromo Trade & Consultancy Company Filings, last reported 4 months ago.

BSE:501314 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 398.23 58.14 0.72
2018-09-30 398.23 58.14 0.72
2018-06-30 395.87 11.04 28.64
2018-03-31 395.87 64.14 28.64
2017-12-31 394.03 10.79 3.84
2017-09-30 394.03 10.79 3.84
2017-06-30 395.37 10.14 6.68
2017-03-31 394.90 10.14 6.68
2016-12-31 402.37 4.74 1.41
2016-09-30 402.37 4.74 1.41
2016-06-30 395.19 0.00 7.38
2016-03-31 395.19 0.00 8.00
2015-12-31 419.55 0.20 1.10
2015-09-30 419.55 0.20 1.10
2015-06-30 410.51 0.00 8.01
2015-03-31 410.51 0.00 25.55
2014-12-31 432.00 0.00 12.50
2014-09-30 432.00 0.00 12.50
2014-06-30 289.97 0.00 34.46
2014-03-31 289.97 0.00 34.46
2013-12-31 0.58 0.00 0.46
2013-09-30 0.58 0.00 0.46
2013-06-30 0.57 0.00 0.35
2013-03-31 0.56 0.00 0.40
2012-12-31 0.58 0.01 0.53
2012-09-30
2012-06-30 0.56 0.40 0.04
  • Gromo Trade & Consultancy's level of debt (14.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 14.6% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 8.9x coverage).
X
Financial health checks
We assess Gromo Trade & Consultancy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Gromo Trade & Consultancy has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Gromo Trade & Consultancy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Gromo Trade & Consultancy dividends.
If you bought ₹2,000 of Gromo Trade & Consultancy shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Gromo Trade & Consultancy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Gromo Trade & Consultancy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:501314 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Retail Distributors Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 1.3%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:501314 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2015-02-16 0.000 0.000
2014-11-12 0.000 0.000
2014-05-19 0.000 0.000
2014-01-15 0.500 3.513

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Gromo Trade & Consultancy has not reported any payouts.
  • Unable to verify if Gromo Trade & Consultancy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Gromo Trade & Consultancy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Gromo Trade & Consultancy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Gromo Trade & Consultancy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Gromo Trade & Consultancy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Gromo Trade & Consultancy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Gromo Trade & Consultancy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tejas Hingu
AGE 32
TENURE AS CEO 0.8 years
CEO Bio

Mr. Tejas Vinodrai Hingu has been Managing Director at Gromo Trade & Consultancy Ltd since August 14, 2018 and its Additional Director since May 17, 2018. He was Whole Time Director of Toyam Industries Limited since December 22, 2014 until March 15, 2018 and served as its Compliance Officer. Mr. Hingu served as Compliance Officer of Toyam Industries Limited from July 2015 to April 2016. He has vast knowledge in Accounts, Finance and Taxation Field. He is a Commerce Graduate and has completed inter CA.

CEO Compensation
  • Insufficient data for Tejas to compare compensation growth.
  • Insufficient data for Tejas to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure

Average tenure of the Gromo Trade & Consultancy management team in years:

0.8
Average Tenure
  • The average tenure for the Gromo Trade & Consultancy management team is less than 2 years, this suggests a new team.
Management Team

Pratiksha Mashkariya

TITLE
Chief Financial Officer
COMPENSATION
₹236K
TENURE
5 yrs

Tejas Hingu

TITLE
MD & Additional Director
AGE
32
TENURE
0.8 yrs

Davendra Kumar

TITLE
Company Secretary & Compliance Officer
AGE
29
TENURE
0.1 yrs
Board of Directors Tenure

Average tenure and age of the Gromo Trade & Consultancy board of directors in years:

1.7
Average Tenure
35
Average Age
  • The average tenure for the Gromo Trade & Consultancy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Tejas Hingu

TITLE
MD & Additional Director
AGE
32
TENURE
1 yrs

Mehulkumar Kadiya

TITLE
Non-Executive Independent Director
AGE
29
TENURE
2.8 yrs

Narmadaben Patel

TITLE
Non Executive Independent Director
AGE
45
TENURE
2.3 yrs

Harishkumar Patel

TITLE
Non Executive and Independent Director
AGE
38
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Gromo Trade & Consultancy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Gromo Trade & Consultancy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Gromo Trade & Consultancy Limited trades in textiles in India. The company operates in two segments, Commodity Business and Finance Business. It is also involved in the financial, investment, and share trading activities. The company was formerly known as Kamalakshi Finance Corporation Limited and changed its name to Gromo Trade & Consultancy Limited in March 2015. Gromo Trade & Consultancy Limited was founded in 1973 and is based in Mumbai, India.

Details
Name: Gromo Trade & Consultancy Limited
501314
Exchange: BSE
Founded: 1973
₹12,623,613,500
28,390,000
Website: http://www.gromotrade.com
Address: Gromo Trade & Consultancy Limited
Link Plaza,
Unit No. 506,
Mumbai,
Maharashtra, 400053,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 501314 Equity Shares Mumbai Stock Exchange IN INR 17. Dec 2012
Number of employees
Current staff
Staff numbers
4
Gromo Trade & Consultancy employees.
Industry
Distributors
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 12:57
End of day share price update: 2019/05/20 00:00
Last earnings filing: 2019/02/06
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.