GB Global Ltd.
Snapshot View

9.80 ▼0%

31 May 2021, 04:00:00 P.M.

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.gbglobal.in
Financial Indicators
Market Cap 3.25 Cr.
Earnings per share (EPS) -287.17 Trailing Twelve Months Ending 2020-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2020-12
Industry PE 26.45 Trailing Twelve Months Ending 2020-12
Book Value / Share -3,225.02 Trailing Twelve Months Ending 2020-12
Price to Book Value 0.00 Calculated using Price: 9.80
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 0.33 Cr. 3,314,295 Shares
FaceValue 10
Company Profile

Mandhana Industries was incorporated on July 25, 1984 at Mumbai in the State of Maharashtra as Mandhana Textile Mills Private Limited under the Companies Act, 1956. With effect from July 1, 1993, the company was converted into a deemed public limited company under Section 43A of the Companies Act, 1956, whereby the word “Private” was deleted from the name of the company. On April 18, 1995 the name of the company was changed from “Mandhana Textile Mills Limited” to “Mandhana Industries Limited”. On March 27, 2002, pursuant to Section 43A (2A) of the companies Act, 1956, the company was converted from a deemed public limited company to a private limited company and the company’s name was changed to “Mandhana Industries Private Limited”. On May 15, 2007, the company was converted into a public limited company whereby the word “Private” was deleted from the name of the company.

Though the company’s operations started out in the year 1984 through textile trading, the processing activities commenced in the year 1994, with the setting up a plant at Tarapur for processing and printing of fabrics called as “Mandhana Dyeing Unit”. In 1998, pursuant to its venture into fabrics processing, it decided to expand its horizons by penetrating the international garments market and thereby began its export operations to the European market. At present, the company exports garments on a global scale to all the known international garment markets. Further, in order to meet its internal requirements and thereby simultaneously reduce its costs, the company set up a Weaving House at Tarapur for production of greige fabrics, called as “Mandhana Weaving House Unit”.

Mandhana Industries Export Division (Bangalore Unit) is situated at Bangalore. The garments manufactured therein cater to its international demand, thereby meeting the specified international criteria of its various international customers. Further, in 2004, it set up a sales office in Chennai so as to facilitate its market expansion into the southern region of India. In 2005, it set up a new modernised unit called as “Mandhana Weaving House (Shirting Division)” at Tarapur which is engaged in manufacturing various fabrics including cotton, polyester etc. as well as engaging in the process of yarn dyeing.The company’s further expansion into processing, weaving and garmenting further enhanced its capacity thereby enabling it to cater to a greater number of customers both domestically and in the export markets. The company’s focus on quality, designing and sampling inputs and lower turnaround time has made us the vendor of choice for many customers. Its focus on mid to high-end segments has helped it in maintaining its margins. The current expansion of facilities would help it ensure quality products to its customers. Further it complements its presence in the textile and garment value chain starting from yarn dyeing to selling its garments through its overseas offices.

The current strength of its manpower is approximately 3248 people. Presently, it is operating with 184 weaving looms producing approximately 200 lakh meters of fabric per annum and 750 sewing machines with an overall production capacity of 30 lakh garment pieces per annum. Further its processing capacity of finished fabric is 300 lakh metres per annum and its yarn dyeing capacity is 20 lakh kgs per annum.

Business area of the company

The company is a vertically integrated textile and garment manufacturing company in India. Its operations and facilities enable it to manufacture a wide variety of value-added fabrics and garments through its integrated operations comprising of dyeing of yarns and fabrics, weaving operations for fabrics, processing solutions for both fabrics and garments, garment manufacturing, domain expertise in providing sampling and designing for both fabrics and garments. The company’s operations and facilities enable it to provide a number of textile products / processes for its customers.

The company focused towards capitalizing on the vertical integration of its operations which gives it the advantage of higher profit margins from its garment business. It has achieved a high level of self-sufficiency in producing new designs and samples for its clients which has helped it in enhancing its product offering portfolio and improved its adaptability to the latest trends in fashion. The company has positioned itself as a multi-product, multi-fibre and multi-market player ensuring that its target market is a diverse mix of domestic fabrics and garments as well as the international garment markets.

Awards and Achievements

  • 2004: NIRYAT SHREE Gold Trophy awarded by the Federation of Indian Export Organisations for outstanding export performance in the category of textiles and textile products
  • 2005: Certificate dated June 29, 2005 issued by Dewhirst Ladieswear approving our Bangalore Unit as a “Manufacturing Site” based on Marks & Spencer Global Sourcing Principals and the Ethical Trading
  • 2005: Initiative Base Code “NIRYAT SHREE” certificate of excellence awarded by the Federation of Indian Export Organisations for outstanding export performance in the category of textiles and textile products
  • 2006: SA 8000:2001 Certification for Social Accountability Management System for Manufacture and Export of
  • 2006: Garments ISO 9001:2000 Certification for Quality Management System for Manufacture & Export of Garments
  • 2007: Excellence award for excellence in productivity, quality, innovation and management awarded by the Institute of Economic Studies, Delhi (IES) in the year 2007 at the time of the seminar on Economic Development

Milestones

  • 1984: The company was incorporated as a private limited company
  • 1993: The company was converted into a deemed public limited company under Section 43A of the Companies Act
  • 1994: Ventured into manufacturing activities by setting up of Mandhana Dyeing Unit at Tarapur.
  • 1995: Change of name of the company to Mandhana Industries Limited
  • 1998: Exports to the European garments market the company 2002 was converted from a deemed public limited company to a private limited company set up of Mandhana Weaving House Unit at Tarapur
  • 2003: Set up of sales office in Delhi
  • 2004: Establishment of Mandhana Industries Export Division (Bangalore Unit) at Bangalore set up of sales office in Chennai
  • 2005: Establishment of Mandhana Weaving House (Shirting Division) at Tarapur set up of a liaison office at Paris called as Mandhana Europe
  • 2006: Set up of Tirupati Apparel, a garment manufacturing and sampling unit at Vikhroli, Mumbai
  • 2007: The company was converted into a public limited company

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
1 Month
3 Month
+36.30%
6 Month
+49.39%
1 Year
+117.29%
2 Year
-30.64%
5 Year
-81.97%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 19.00 14.69 11.90 11.64 10.40 -287.60
Return on Capital Employed (%) 16.22 13.92 15.39 13.84 14.30 -47.18 -117.07 -34.27 -82.77
Return on Assets (%) 6.49 4.75 3.71 3.77 3.34 -43.52 -78.60 -6.35 -6.40

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 417 472 524 555 775 47 -750 -803 -847
Non Curr. Liab. 396 466 466 336 308 178 71 69 56
Curr. Liab. 416 584 685 761 910 1,125 1,361 1,470 1,409
Minority Int.
Equity & Liab. 1,229 1,522 1,674 1,651 1,993 1,351 683 736 618
Non Curr. Assets 598 629 633 583 716 648 569 522 495
Curr. Assets 632 894 1,040 1,068 1,277 703 114 214 123
Misc. Exp. not W/O
Total Assets 1,229 1,522 1,674 1,651 1,993 1,351 683 736 618

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 980 1,363 1,518 1,543 1,647 517 328 293 260
Other Income 11 2 2 7 14 7 6 5 7
Total Income 991 1,365 1,520 1,549 1,661 524 333 298 267
Total Expenditure -804 -1,168 -1,276 -1,312 -1,403 -1,078 -911 -295 -286
PBIDT 188 197 244 237 258 -554 -578 2 -20
Interest -61 -74 -103 -101 -122 -141 -170 -2 -2
Depreciation -23 -26 -29 -38 -40 -52 -59 -42 -41
Taxation -30 -31 -52 -36 -35 20 8 -4 19
Exceptional Items
PAT 73 65 59 63 61 -728 -799 -45 -43

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 0 -13 50 157 61 2 20 -8 0
Cash Fr. Inv. -77 -52 -32 -21 -20 27 5 -56 51
Cash Fr. Finan. 73 79 -29 -133 -43 -27 -13 93 -52
Net Change -3 14 -11 3 -2 2 12 29 -1
Cash & Cash Eqvt 1 14 4 4 2 4 16 45 44

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 32.01 32.01 32.01 32.01 32.01 32.01 32.01 32.01 32.01
Public 67.99 67.99 67.99 67.99 67.99 67.99 67.99 67.99 67.99
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.04 0.00 0.04 0.04 0.04 0.04 0.04 0.04 0.04

Announcements View Details

Fri, 23 Jul 2021
Outcome Of Board Meeting For General Purpose
The Board approved the main agenda of giving authority to Mr. Vijay Thakkar to sign requisite documents for sale mortgage lease leave and licence of permissible assets as per approved Resolution Plan
Fri, 23 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
We submit herewith the confirmation certificate dated 06th July 2021 received from Link Intime India Pvt. Ltd. Registrar & Share Transfer Agent (RTA) of our company as per Regulation 74 (5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations 2018 for the quarter ended 30th June 2021.
Wed, 21 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Vijay Thakkar
Designation :- Managing Director / Whole Time Director

Technical Scans View Details

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