Price
Financials
Standalone, Rs crore| Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 843 | 780 | 918 | 923 | 778 | 868 | 811 | 740 | 732 | 583 | 127 | 469 |
| Expenses | 784 | 738 | 865 | 886 | 763 | 812 | 781 | 717 | 723 | 587 | 149 | 471 |
| Operating Profit | 59 | 43 | 52 | 37 | 16 | 55 | 30 | 23 | 9 | -4 | -22 | -2 |
| OPM % | 7% | 5% | 6% | 4.0% | 2.0% | 6% | 3.7% | 3.2% | 1.2% | -0.6% | -17% | -0.5% |
| Other Income | 1 | 2 | 1 | 16 | 1 | 2 | 1 | 1 | 0 | 1 | 1 | 1 |
| Interest | 45 | 48 | 49 | 50 | 54 | 50 | 49 | 48 | 52 | 53 | 51 | 0 |
| Depreciation | 16 | 18 | 17 | 17 | 16 | 16 | 17 | 16 | 17 | 18 | 15 | 15 |
| Profit before tax | -2 | -21 | -12 | -13 | -55 | -9 | -36 | -40 | -59 | -73 | -87 | -16 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -2 | -21 | -12 | -13 | -55 | -9 | -36 | -40 | -59 | -73 | -87 | -16 |
| EPS in Rs | -0.48 | -5.05 | -2.94 | -3.20 | -12.97 | -2.22 | -8.50 | -9.48 | -14.04 | -17.31 | -20.62 | -3.80 |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,515 | 3,400 | 3,506 | 3,697 | 3,039 | 2,611 | 2,348 | 2,435 | 3,033 | 3,488 | 2,877 | 1,911 |
| Expenses | 2,286 | 3,117 | 3,406 | 3,612 | 2,987 | 2,500 | 2,255 | 2,290 | 2,858 | 3,317 | 2,819 | 1,930 |
| Operating Profit | 229 | 283 | 101 | 85 | 52 | 110 | 93 | 145 | 175 | 171 | 58 | -19 |
| OPM % | 9% | 8% | 2.9% | 2.3% | 1.7% | 4.2% | 4.0% | 6% | 6% | 4.9% | 2.0% | -1.0% |
| Other Income | 24 | 14 | 21 | 13 | 15 | 6 | 10 | 10 | 5 | 16 | 4 | 4 |
| Interest | 87 | 100 | 154 | 156 | 158 | 183 | 177 | 174 | 189 | 204 | 202 | 156 |
| Depreciation | 73 | 77 | 86 | 94 | 92 | 76 | 67 | 64 | 81 | 73 | 67 | 64 |
| Profit before tax | 93 | 121 | -118 | -151 | -184 | -143 | -141 | -83 | -89 | -90 | -208 | -235 |
| Tax % | 32% | 27% | -33% | -33% | -21% | 0% | -0% | 0% | 0% | 0% | 0% | |
| Net Profit | 63 | 88 | -79 | -101 | -144 | -143 | -141 | -83 | -89 | -90 | -208 | -235 |
| EPS in Rs | -35.99 | -33.92 | -33.41 | -19.82 | -21.14 | -21.33 | -49.33 | -55.77 | ||||
| Dividend Payout % | 11% | 8% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 1% | 2% | 6% | -40% | ||
| Compounded Profit Growth | % | -10% | % | -68% | ||
| Stock Price CAGR | -13% | % | % | % | ||
| Return on Equity | % | % | % | % |
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 38 | 38 | 38 | 38 | 38 | 40 | 42 | 42 | 42 | 42 | 42 | 42 |
| Reserves | 397 | 452 | 532 | 453 | 366 | 218 | 73 | -68 | -164 | -253 | -345 | -558 |
| Borrowings | 904 | 1,028 | 1,298 | 1,322 | 1,329 | 1,355 | 1,172 | 1,123 | 1,304 | 1,502 | 778 | 1,927 |
| Other Liabilities | 262 | 448 | 507 | 494 | 514 | 414 | 681 | 713 | 669 | 683 | 1,245 | 231 |
| Total Liabilities | 1,601 | 1,967 | 2,375 | 2,307 | 2,248 | 2,028 | 1,968 | 1,810 | 1,851 | 1,974 | 1,720 | 1,641 |
| Fixed Assets | 850 | 948 | 993 | 1,322 | 1,264 | 1,242 | 1,191 | 1,148 | 1,094 | 1,030 | 968 | 909 |
| CWIP | 138 | 195 | 275 | 73 | 87 | 47 | 32 | 31 | 31 | 15 | 6 | 7 |
| Investments | 52 | 77 | 46 | 14 | 14 | 14 | 14 | 14 | 11 | 11 | 4 | 2 |
| Other Assets | 561 | 747 | 1,060 | 898 | 884 | 726 | 731 | 617 | 715 | 917 | 741 | 723 |
| Total Assets | 1,601 | 1,967 | 2,375 | 2,307 | 2,248 | 2,028 | 1,968 | 1,810 | 1,851 | 1,974 | 1,720 | 1,641 |
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 167 | 162 | 69 | 279 | 175 | 118 | 382 | 205 | -294 | 175 | 131 | 218 |
| Cash from Investing Activity | -210 | -240 | -241 | -126 | -36 | 6 | 0 | 12 | -4 | 0 | 0 | -6 |
| Cash from Financing Activity | 39 | 40 | 158 | -138 | -144 | -124 | -369 | -236 | 323 | -126 | -136 | -164 |
| Net Cash Flow | -3 | -38 | -14 | 15 | -5 | 0 | 13 | -19 | 25 | 49 | -5 | 48 |
| Free Cash Flow | -70 | -58 | -192 | 88 | 143 | 111 | 387 | 210 | -303 | 173 | 130 | 213 |
| CFO/OP | 118% | 76% | 33% | 282% | 202% | 224% | 344% | 219% | -203% | 100% | 77% | 374% |
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 18 | 18 | 17 | 15 | 20 | 18 | 15 | 23 | 23 | 25 | 11 | 9 |
| Inventory Days | 85 | 72 | 91 | 64 | 54 | 48 | 59 | 62 | 82 | 69 | 57 | 46 |
| Days Payable | 35 | 49 | 45 | 44 | 52 | 54 | 59 | 53 | 56 | 59 | 33 | 24 |
| Cash Conversion Cycle | 68 | 41 | 63 | 35 | 22 | 12 | 15 | 33 | 49 | 35 | 35 | 32 |
| Working Capital Days | 90 | 55 | 62 | 39 | 30 | 27 | 40 | 45 | -7 | 13 | -62 | 33 |
| ROCE % | 12% | 13% | 1% | 0% | -2% | 3% | 3% | 8% | 8% | 13% | -1% |
| Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 57.64% | 57.64% | 57.64% | 57.64% | 57.63% | 57.63% | 57.63% | 57.63% | 57.63% | 57.63% | 57.63% | 57.63% |
| FIIs | 0.02% | 0.02% | 0.02% | 0.20% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| DIIs | 0.11% | 0.06% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.09% | 0.03% | 0.03% | 0.03% | 0.03% |
| Public | 42.23% | 42.29% | 42.31% | 42.13% | 42.32% | 42.32% | 42.32% | 42.26% | 42.32% | 42.32% | 42.32% | 42.32% |
| No. of Shareholders | 54,099 | 53,649 | 53,407 | 53,421 | 53,186 | 52,790 | 52,571 | 52,601 | 52,286 | 52,230 | 52,163 | 51,842 |
Fundamentals
Market Cap₹ 32.0 Cr.
Current Price₹ 7.60
Book Value₹ -147
ROCE-0.58 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-40%
Compounded Profit Growth (TTM)-68%
Standalone figures.
Valuation
Market capRs 32 Cr
Enterprise valueRs 1,758 Cr
Price to book-0.06x
Price to sales0.02x
EV / sales0.92x
Price to cash flow0.15x
Earnings yield-733.80%
P/B, 3-year average-0.32x
P/B, 5-year average-1.12x
Profitability
Operating margin (excl. other income)2.03%
Operating margin (incl. other income)2.15%
EBITDA margin-0.77%
Pre-tax margin-12.28%
Net profit margin-12.28%
Net margin, latest quarter-3.41%
ROE50.67%
ROCE-0.58%
ROA-12.35%
ROE, 3-year average46.34%
ROCE, 3-year average6.81%
ROA, 3-year average-7.29%
ROE, 5-year average-13.15%
ROCE, 5-year average6.28%
ROA, 5-year average-6.77%
ROIC (approx.)-6.53%
Other income / net worth-0.69%
Growth
Sales growth (latest year)-17.53%
Sales CAGR, 3 years5.72%
Sales CAGR, 5 years1.96%
Sales growth QoQ268.75%
Sales growth YoY (latest quarter)-36.59%
Per share
EPS (TTM)Rs -55.77
EPS (latest year)Rs -49.33
EPS (latest quarter)Rs -3.80
EPS, 3-year averageRs -30.60
EPS, 5-year averageRs -29.01
Book value per shareRs -122.70
Sales per shareRs 454.11
Cash flow per shareRs 51.77
Free cash flow per shareRs 50.61
Efficiency
Asset turnover1.75x
Fixed asset turnover3.16x
Inventory turnover9.05x
Inventory days40 days
Debtor days9 days
Debtors turnover39.10x
Creditor days24 days
Cash conversion cycle32 days
Working capital days33 days
Leverage
Total debtRs 1,927 Cr
Cash and bankRs 201 Cr
Net debtRs 1,726 Cr
Debt to equity-3.73x
Interest coverage-0.51x
Owners' fund to total sources-31.47%
Debt to assets117.41%
Cash flow
Cash from Operating Activity (latest year)Rs 218 Cr
Cash from Investing Activity (latest year)Rs -6 Cr
Cash from Financing Activity (latest year)Rs -164 Cr
Net Cash Flow (latest year)Rs 48 Cr
Free cash flow (latest year)Rs 213 Cr
FCFE (approx.: FCF + change in debt)Rs 1,362 Cr
Sales to cash flow13.21x
Statement figures
Net sales (TTM)Rs 1,911 Cr
Net sales (latest year)Rs 2,877 Cr
Sales (latest quarter)Rs 469 Cr
Operating profit excl. other income (latest year)Rs 58 Cr
Operating profit (latest quarter)Rs -2 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs -15 Cr
PBDT (TTM)Rs -171 Cr
Profit before tax (TTM)Rs -235 Cr
Net profit (TTM)Rs -235 Cr
Net profit (latest year)Rs -208 Cr
Net profit (latest quarter)Rs -16 Cr
Depreciation (TTM)Rs 64 Cr
Depreciation (latest quarter)Rs 15 Cr
Interest (TTM)Rs 156 Cr
Cost of goods sold (latest year)Rs 2,545 Cr
Total expenditure (latest year)Rs 2,819 Cr
Total income (latest year)Rs 2,881 Cr
Share capitalRs 42 Cr
ReservesRs -558 Cr
Shareholders' fundsRs -516 Cr
Total assetsRs 1,641 Cr
Net blockRs 909 Cr
Capital work in progressRs 7 Cr
InvestmentsRs 2 Cr
ReceivablesRs 74 Cr
InventoryRs 281 Cr
Other liabilitiesRs 231 Cr
Shares outstanding (crore)4.21
Ownership
Promoter holding57.63% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | GARDENSILK | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.6% | -2.8% | +0.2 pts |
| 1 month | -42.9% | -6.8% | -36.1 pts |
| 3 months | -10.6% | -7.6% | -3.0 pts |
| 6 months | -30.0% | +0.4% | -30.4 pts |
| 1 year | -40.2% | -9.9% | -30.2 pts |
| 2 years | -68.8% | -13.6% | -55.2 pts |
| 3 years | -81.8% | +14.2% | -96.0 pts |
| 5 years | -69.8% | +27.9% | -97.7 pts |
Red flags
F-score 3 of 8| serious | Negative equity Shareholders' equity is negative |
| explain | Debt up, profit down Borrowings up 148% while net profit fell in 2020 |
| look | Repeated losses Net loss in each of the last two years |
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
Sep 2020Sales ₹469 Cr -36.6% vs Sep 2019.
Net loss ₹16 Cr.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2020-12-14 | Annual General Meeting | |
| 2020-09-22 | Annual General Meeting | |
| 2019-09-18 | Annual General Meeting | |
| 2018-09-10 | Annual General Meeting | |
| 2017-09-13 | Annual General Meeting | |
| 2016-09-06 | Annual General Meeting | |
| 2015-09-01 | Annual General Meeting | |
| 2014-07-18 | Annual General Meeting | |
| 2013-08-30 | Annual General Meeting (Bc Dates Revised) | |
| 2012-09-18 | Annual General Meeting (Bc Dates Revised) | |
| 2011-09-08 | Dividend-Rs.1.80 Per Share | |
| 2010-08-20 | Dividend-Rs.1.80 Per Share | |
| 2009-09-18 | Dividend-Rs.1.50 Pr Share | |
| 2008-12-12 | Agm/Dividend - 15% | |
| 2007-11-02 | Agm/Dividend-15% | |
| 2006-12-01 | Agm/Dividend-15% |
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 Garden Silk Mills Pvt Ltd?
Garden Silk Mills Pvt Ltd (GARDENSILK) has a market capitalisation of Rs 32.0 Cr. at the 2021-01-25 close.
What were Garden Silk Mills Pvt Ltd's latest quarterly results?
In the Sep 2020 quarter, Garden Silk Mills Pvt Ltd sales was Rs 469 Cr (-36.6% vs Sep 2019) with a net loss of Rs 16 Cr.