BSE:514386

Stock Analysis Report

Executive Summary

Gujarat Cotex Limited engages in fabric trading activities in India.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.

Share Price & News

How has Gujarat Cotex's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

514386

-0.2%

IN Retail Distributors

3.1%

IN Market


1 Year Return

n/a

514386

-13.5%

IN Retail Distributors

3.7%

IN Market

Return vs Industry: Insufficient data to determine how 514386 performed against the Indian Retail Distributors industry.

Return vs Market: Insufficient data to determine how 514386 performed against the Indian Market.


Shareholder returns

514386IndustryMarket
7 Day0%-0.2%3.1%
30 Day0%-0.8%5.7%
90 Dayn/a-17.2%1.4%
1 Yearn/a-13.0%-13.5%5.9%3.7%
3 Year-51.9%-51.9%-34.7%-35.4%22.3%16.0%
5 Year-33.3%-33.3%-59.8%-60.2%42.5%28.9%

Price Volatility Vs. Market

How volatile is Gujarat Cotex's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Gujarat Cotex undervalued compared to its fair value and its price relative to the market?

0.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate 514386's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 514386's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 514386 is unprofitable, so we can't compare its PE Ratio to the Retail Distributors industry average.

PE vs Market: 514386 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 514386's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 514386 is good value based on its PB Ratio (0.2x) compared to the IN Retail Distributors industry average (0.9x).


Next Steps

Future Growth

How is Gujarat Cotex forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-1.8%

Forecasted Retail 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 Gujarat Cotex 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.


Next Steps

Past Performance

How has Gujarat Cotex performed over the past 5 years?

-16.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 514386 is unprofitable, and losses have increased over the past 5 years at a rate of -16.4% per year.

Accelerating Growth: Unable to compare 514386's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 514386 is unprofitable, making it difficult to compare its past year earnings growth to the Retail Distributors industry (8.1%).


Return on Equity

High ROE: 514386 has a negative Return on Equity (-0.062%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 514386 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 514386 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Gujarat Cotex's financial position?


Financial Position Analysis

Short Term Liabilities: 514386's short term assets (₹206.9M) exceeds its short term liabilities (₹173.5M)

Long Term Liabilities: 514386's short term assets (206.9M) exceeds its long term liabilities (941.9K)


Debt to Equity History and Analysis

Debt Level: 514386's debt to equity ratio (8.3%) is considered satisfactory

Reducing Debt: 514386's debt to equity ratio has increased from 1.5% to 8.3% over the past 5 years.

Debt Coverage: 514386's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 514386 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Inventory Level: 514386 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 514386's debt is covered by short term assets (assets are 39.988170x debt).


Next Steps

Dividend

What is Gujarat Cotex's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 514386's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 514386's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 514386's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 514386's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 514386's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of Gujarat Cotex's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average management tenure


CEO

Shaileshkumar Parekh (68yo)

13yrs

Tenure

0

Mr. Shaileshkumar Jayantkumar Parekh has been Managing Director of Gujarat Cotex Ltd. (formerly, Octagon Industries (India)) since October 1, 2006 and as its Whole Time Director since January 11, 1996. Mr. ...


Management Age and Tenure

2.8yrs

Average Tenure

66yo

Average Age

Experienced Management: 514386's management team is considered experienced (2.8 years average tenure).


Board Age and Tenure

11.8yrs

Average Tenure

59yo

Average Age

Experienced Board: 514386's board of directors are seasoned and experienced ( 11.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Shaileshkumar Parekh (68yo)

    MD & Whole Time Director

    • Tenure: 13yrs
  • Priyavanda Parekh (66yo)

    Chairperson

    • Tenure: 0yrs
  • Chetankumar Parekh (39yo)

    Executive Director & CFO

    • Tenure: 12.8yrs
  • Shaileshkumar Shah

    Compliance Officer

    • Tenure: 0yrs
  • Shweta Temani

    Company Secretary

    • Tenure: 2.8yrs
    • Compensation: ₹120.00k

Board Members

  • Shaileshkumar Parekh (68yo)

    MD & Whole Time Director

    • Tenure: 13yrs
  • Priyavanda Parekh (66yo)

    Chairperson

    • Tenure: 0yrs
  • Chetankumar Parekh (39yo)

    Executive Director & CFO

    • Tenure: 12.8yrs
  • Tarunkumar Solanki (59yo)

    Non-Executive Independent Director

    • Tenure: 10.8yrs
  • Ruchi Bhaloriya (28yo)

    Independent Director

    • Tenure: 2.8yrs

Company Information

Gujarat Cotex Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gujarat Cotex Limited
  • Ticker: 514386
  • Exchange: BSE
  • Founded: 1996
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: ₹14.244m
  • Shares outstanding: 7.12m
  • Website: https://www.gujcotex.com

Number of Employees


Location

  • Gujarat Cotex Limited
  • 2007, Shankar Plaza
  • Timiliyawad
  • Surat
  • Gujarat
  • 395001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
514386BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002

Biography

Gujarat Cotex Limited engages in fabric trading activities in India. The company primarily offers yarns. The company was formerly known as Octagon Industries Limited. Gujarat Cotex Limited was incorporated ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 12:30
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.