MarketFriction

Glittek Granites Ltd

BSE 513528 · Other Construction Materials
₹79.87 -1.99%
BSE close2026-10-01
Market cap₹207 Cr.

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2.311.011.611.040.210.470.310.050.000.050.000.00
Expenses3.312.053.663.6812.213.364.440.640.641.710.040.16
Operating Profit-1.00-1.04-2.05-2.64-12.00-2.89-4.13-0.59-0.64-1.66-0.04-0.16
OPM %-43.29%-102.97%-127.33%-253.85%-5,714.29%-614.89%-1,332.26%-1,180.00%-3,320.00%
Other Income0.050.030.05-0.050.010.0131.210.670.231.060.300.33
Interest0.430.410.410.420.510.580.420.010.010.010.000.00
Depreciation0.160.060.060.040.030.040.020.000.000.040.000.00
Profit before tax-1.54-1.48-2.47-3.15-12.53-3.5026.640.07-0.42-0.650.260.17
Tax %-25.97%-0.68%23.89%0.00%0.00%0.00%2.29%28.57%-4.76%0.00%0.00%17.65%
Net Profit-1.14-1.48-3.06-3.15-12.54-3.4926.040.05-0.40-0.650.260.14
EPS in Rs-0.44-0.57-1.18-1.21-4.83-1.3410.030.02-0.15-0.250.100.05
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales33.8925.5023.7721.1617.9814.349.1713.426.932.040.050.05
Expenses30.5823.2721.3820.0317.1616.229.5212.1511.0323.241.742.55
Operating Profit3.312.232.391.130.82-1.88-0.351.27-4.10-21.20-1.69-2.50
OPM %9.77%8.75%10.05%5.34%4.56%-13.11%-3.82%9.46%-59.16%-1,039.22%-3,380.00%-5,000.00%
Other Income-0.140.030.080.070.270.250.250.410.1330.731.341.92
Interest1.241.061.141.431.871.281.281.691.711.930.040.02
Depreciation1.021.011.000.990.960.960.940.850.460.130.010.04
Profit before tax0.910.190.33-1.22-1.74-3.87-2.32-0.86-6.147.47-0.40-0.64
Tax %20.88%94.74%-275.76%-26.23%-26.44%-19.90%-0.86%-9.30%0.00%8.17%0.00%
Net Profit0.720.001.23-0.90-1.28-3.10-2.31-0.78-6.146.86-0.39-0.65
EPS in Rs0.280.000.47-0.35-0.49-1.19-0.89-0.30-2.372.64-0.15-0.25
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-48%-68%-85%-95%
Compounded Profit Growth%13%14%-106%
Stock Price CAGR42%101%182%681%
Return on Equity-27%-66%-113%-4%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital13.2913.2913.2913.2913.2913.2913.2913.2913.2913.2913.2913.29
Reserves4.965.685.685.945.053.840.71-1.53-2.23-8.33-1.75-2.35
Borrowings17.9217.7115.4817.9618.0218.1018.1120.3622.0320.280.000.00
Other Liabilities3.221.661.411.811.551.912.161.262.191.651.660.05
Total Liabilities39.3938.3435.8639.0037.9137.1434.2733.3835.2826.8913.2010.99
Fixed Assets11.0010.029.088.017.036.065.143.953.252.790.120.06
CWIP0.000.000.000.000.000.000.000.130.000.000.000.00
Investments0.000.000.000.000.000.000.000.000.000.001.252.72
Other Assets28.3928.3226.7830.9930.8831.0829.1329.3032.0324.1011.838.21
Total Assets39.3938.3435.8639.0037.9137.1434.2733.3835.2826.8913.2010.99
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.380.893.17-1.150.801.391.10-1.18-0.023.450.08-2.19
Cash from Investing Activity-0.72-0.02-0.040.120.070.06-0.020.210.060.0031.83-0.90
Cash from Financing Activity0.31-1.14-2.870.77-0.88-1.37-1.260.97-0.02-3.45-22.22-0.04
Net Cash Flow-0.03-0.270.25-0.26-0.010.07-0.180.000.020.009.69-3.13
Free Cash Flow-0.370.843.10-1.110.801.391.10-1.040.053.4433.12-2.11
CFO/OP16%33%144%-48%71%170%-59%337%-2%-84%-5%127%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days152.88160.04138.70144.19150.07137.84157.30180.31218.40161.170.000.00
Inventory Days206.35218.47608.86844.421,054.051,371.70912.502,848.301,357.181,217.991.610.00
Days Payable33.9711.5526.2146.9831.2349.7466.9582.12111.1770.096.24
Cash Conversion Cycle325.26366.97721.35941.621,172.891,459.801,002.852,946.491,464.411,309.07-4.630.00
Working Capital Days67.3690.47130.40163.84181.98198.33179.45401.22315.50240.70-198.60365.00
ROCE %6.79%5.96%3.51%4.10%0.57%0.36%-7.69%-3.24%2.36%-15.19%-115.33%-3.65%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters63.90%63.90%64.78%64.78%64.68%64.76%64.76%64.76%64.17%62.98%62.98%70.59%
DIIs7.77%7.77%7.60%7.60%7.60%7.60%7.60%7.60%7.60%7.60%7.60%0.00%
Public28.31%28.33%27.61%27.62%27.72%27.64%27.63%27.63%28.22%29.42%29.40%29.40%
No. of Shareholders9,7769,7889,8509,8909,88510,13310,10810,13710,89810,73311,07110,807

Fundamentals

Market Cap₹ 207 Cr.
Current Price₹ 79.9
Book Value₹ 4.21
ROCE-3.65 %
ROE-3.91 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)-95%
Compounded Profit Growth (TTM)-106%
Standalone figures.
Valuation
Market capRs 207 Cr
Enterprise valueRs 201 Cr
Price to book18.95x
Price to sales4146.75x
EV / sales4014.95x
Earnings yield-0.31%
P/E, 3-year average1.75x
P/B, 3-year average3.83x
P/E, 5-year average1.75x
P/B, 5-year average2.61x
Profitability
Operating margin (excl. other income)-3380.00%
Operating margin (incl. other income)-700.00%
EBITDA margin-1180.00%
Pre-tax margin-1280.00%
Net profit margin-1300.00%
ROE-3.47%
ROCE-3.20%
ROA-3.22%
ROE, 3-year average1.01%
ROCE, 3-year average10.91%
ROA, 3-year average3.75%
ROE, 5-year average-4.35%
ROCE, 5-year average6.41%
ROA, 5-year average0.43%
ROIC (approx.)-13.79%
Other income / net worth12.25%
Growth
Sales growth (latest year)-97.55%
Profit growth (latest year)-105.69%
Sales CAGR, 3 years-84.50%
Sales CAGR, 5 years-67.75%
Profit growth QoQ-46.15%
Profit growth YoY (latest quarter)180.00%
Per share
EPS (TTM)Rs -0.25
EPS (latest year)Rs -0.15
EPS (latest quarter)Rs 0.05
EPS, 3-year averageRs 0.04
EPS, 5-year averageRs -0.21
Book value per shareRs 4.21
Sales per shareRs 0.02
Cash flow per shareRs -0.84
Free cash flow per shareRs -0.81
Efficiency
Asset turnover0.00x
Fixed asset turnover0.83x
Creditor days6 days
Cash conversion cycle0 days
Working capital days365 days
Leverage
Cash and bankRs 7 Cr
Net debtRs -7 Cr
Interest coverage-15.00x
Owners' fund to total sources99.55%
Cash flow
Cash from Operating Activity (latest year)Rs -2 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs -3 Cr
Free cash flow (latest year)Rs -2 Cr
Statement figures
Net sales (TTM)Rs 0 Cr
Net sales (latest year)Rs 0 Cr
Operating profit excl. other income (latest year)Rs -2 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs -1 Cr
PBDT (TTM)Rs -1 Cr
Profit before tax (TTM)Rs -1 Cr
Net profit (TTM)Rs -1 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 2 Cr
Total income (latest year)Rs 1 Cr
Share capitalRs 13 Cr
ReservesRs -2 Cr
Shareholders' fundsRs 11 Cr
Total assetsRs 11 Cr
Net blockRs 0 Cr
InvestmentsRs 3 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)2.60
Ownership
Promoter holding70.59% (+5.83 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 18.95 is at the 98th percentile (median 0.66).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period513528Nifty 50Difference
1 week+6.1%-2.8% +8.8 pts
1 month+30.7%-6.8% +37.4 pts
3 months+93.5%-7.6% +101.1 pts
3 years+2131.0%+14.2% +2116.8 pts
5 years+3327.9%+27.9% +3300.0 pts

Red flags

F-score 2 of 8
explainHigh accruals Profit exceeded operating cash by 16% of total assets in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹0 Cr -100.0% vs Jun 2025. Net profit ₹0 Cr +180.0%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Glittek Granites Ltd?

Glittek Granites Ltd (513528) has a market capitalisation of Rs 207 Cr. at the 2026-10-01 close.

What were Glittek Granites Ltd's latest quarterly results?

In the Jun 2026 quarter, Glittek Granites Ltd sales was Rs 0 Cr (-100.0% vs Jun 2025) and net profit was Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03