Gokak Textiles Ltd.
Snapshot View

33.25 ▼0%

16 May 2022, 04:01:00 PM

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.gokakmills.com
Market Cap 21.61 Cr.
Enterprise Value(EV) 244.99 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) -47.23 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-12
Industry PE 20.59 Trailing Twelve Months Ending 2021-12
Book Value / Share -236.94 Trailing Twelve Months Ending 2021-12
Price to Book Value -0.14 Calculated using Price: 33.25
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 0.65 Cr. 6,499,308 Shares
FaceValue 10
Company Profile

Gokak Textiles Limited was incorporated on March 27, 2006 as ANZ Textiles (Bangalore) Ltd. The name of the company was changed to Gokak Textiles Limited, with effect from January 23, 2007.

The Forbes Group is a multidivisional group with interests in shipping, engineering, global logistics management, travel services, consumer durables, office automation (Bradma Of India Ltd.) and various others, textiles being the Core Business of the Company. With interests in Manufacturing, Trading and Services, Forbes is working towards becoming a WTO compliant group, to take the advantages that the global market place will have to offer.

Textile Undertaking of Forbes Gokak Limited (known as Forbes & Company Limited) with effect from October 25, 2007 included a Yarn Manufacturing Unit at Gokak Falls and Knitwear Manufacturing Unit at Marihal, both in Belgaum Dist., Karnataka State. By a process of Demerger, under the provisions of the Companies Act and with the approval of High Court, Bombay and High Court of Judicature in Karnataka at Bangalore, was demerged into Gokak Textiles Limited. Prior to the demerger, the Company was a dormant Company. The demerger became effective from April 1, 2007.

As per the Demerger Scheme, Shareholders of Forbes Gokak Ltd. were allotted one share of Gokak Textiles Limited for every two shares held by them in Forbes Gokak Limited, on September 28, 2007, by way of additional entitlement (and not in lieu of their shareholding).

The aggregate paid-up share capital of the company is 64,99,308 shares of face value of Rs.10 each i.e. Rs.6.50 crores. The shares are listed on the Stock Exchange Mumbai, with effect from  March 19, 2008.

Business area of the company:

The company’s principal activity is to manufacture and distribute textile products.

Its products include yarn, blended Yarn, Cotton canvas, fabric, terry towel, knitted garments and other related products.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
-4.86%
1 Month
-11.80%
3 Month
+8.48%
6 Month
-5.94%
1 Year
+75.93%
2 Year
+75.93%
5 Year
-25.28%
10 Year
-22.22%
9 years 2013-09 2014-09 2015-09 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%)
Return on Capital Employed (%) 9.73 1.26 -6.72 -7.32 -8.32 -9.90 -7.76 -23.32 -16.01
Return on Assets (%) -4.60 -9.78 -15.54 -10.48 -14.97 -24.90 -18.93 -29.68 -26.02

Balance Sheet View Details

Particulars 10 years 2013-09 Rs. Cr. 2014-09 Rs. Cr. 2015-09 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds -17 -43 -63 -72 -44 -51 -50 -95 -129 -145
Non Curr. Liab. 120 135 101 133 92 71 69 154 162 170
Curr. Liab. 175 198 212 159 140 166 153 104 118 117
Minority Int. 16 12 8 6 5 -3 -6 -9 -13 -14
Equity & Liab. 293 302 256 226 194 182 166 155 138 128
Non Curr. Assets 170 162 152 146 135 126 114 105 95 91
Curr. Assets 124 140 104 80 59 56 52 50 43 37
Misc. Exp. not W/O
Total Assets 293 302 256 226 194 182 166 155 138 128

Profit Loss View Details

Particulars 10 years 2013-09 Rs. Cr. 2014-09 Rs. Cr. 2015-09 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 358 348 334 102 83 177 179 103 111 126
Other Income 8 2 3 5 14 3 8 5 2 6
Total Income 366 350 337 106 97 181 187 107 113 132
Total Expenditure -334 -336 -340 -114 -101 -188 -190 -128 -123 -138
PBIDT 32 14 -4 -8 -5 -7 -3 -21 -10 -6
Interest -32 -34 -32 -15 -26 -23 -23 -20 -21 -22
Depreciation -12 -12 -9 -4 -8 -8 -7 -7 -7 -7
Taxation -2 2 1 2 8 -9
Exceptional Items
PAT -13 -29 -43 -25 -31 -47 -33 -48 -38 -34
Minority Interest 7 3 5 1 1 9 2 3 4 4
Share Associate
Other Related Items
Consolidated Net Profit -6 -26 -39 -24 -30 -38 -31 -45 -34 -31
Adjusted EPS -10 -40 -60 -37 -47 -58 -47 -69 -52 -47

Cash Flow View Details

Particulars 10 years 2012-09 Rs. Cr. 2013-09 Rs. Cr. 2014-09 Rs. Cr. 2015-09 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 33 35 20 35 -16 -3 -7 3 -16 2
Cash Fr. Inv. -5 -6 -1 0 8 2 2 0 3 3
Cash Fr. Finan. -16 -35 -19 -15 -4 -6 5 -4 16 -5
Net Change 13 -5 0 20 -13 -6 0 -1 3 0
Cash & Cash Eqvt 14 9 9 29 16 1 1 0 3 3

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 73.56 73.56 73.56 73.56 73.56 73.56 73.56 73.56 73.56
Public 26.44 26.44 26.44 26.44 26.44 26.44 26.44 26.44 26.44
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 19 May 2022
Board Meeting Intimation for Approval Of Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended March 31 2022.
GOKAK TEXTILES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2022 inter alia to consider and approve the Audited Standalone and Consolidated Financial Results for the Quarter and Financial Year ended March 31 2022 alongwith the Report by Statutory Auditors of the Company.In terms of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015 and the Companys Code for Prevention of Insider Trading the trading window closing period for dealing in Shares of the Company by all designated persons of the Company and their immediate relatives has commenced from April 01 2022 and shall open 48 (Forty eight) hours after the results are made public.
Wed, 11 May 2022
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Please find enclosed the intimation letter dated May 11 2022 received from our Registrar and Transfer Agents - TSR Consultants Private Limited providing information regarding loss of share certificates.
Tue, 26 Apr 2022
Intimation Of Change In Name Of The Registrars And Share Transfer Agents Of The Company.
We wish to inform you that with effect from April 13 2022 the name of the Companys Registrars and Share Transfer Agents (RTAs) has been changed from TSR Darashaw Consultants Private Limited to TSR Consultants Private Limited.

Technical Scans View Details

Mon, 16 May 2022
High Delivery Percentage High Delivery Percentage
Close Crossing Last Week Low Close Crossing Last Week Low
Opening at High Opening at High
Opening at Low Opening at Low
Closing Below Previous Low Closing Below Previous Low

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