Gokak Textiles Ltd.
Snapshot View

26.85 -1.40 ▼-5.0%

23 July 2021, 04:00:00 P.M.
Volume: 2,016

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.gokakmills.com
Financial Indicators
Market Cap 18.78 Cr.
Earnings per share (EPS) -52.48 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 26.67 Trailing Twelve Months Ending 2021-03
Book Value / Share -204.56 Trailing Twelve Months Ending 2021-03
Price to Book Value -0.14 Calculated using Price: 28.90
Dividend Yield 0.00 Period Ending 2020-03
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
-4.96%
1 Week
-5.29%
1 Month
+10.04%
3 Month
+26.06%
6 Month
+5.09%
1 Year
+133.48%
2 Year
+95.99%
5 Year
-45.43%
9 years 2012-09 2013-09 2014-09 2015-09 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%)
Return on Capital Employed (%) -17.50 9.73 1.26 -6.72 -7.32 -8.32 -9.90 -7.76 -23.32
Return on Assets (%) -26.62 -4.60 -9.78 -15.54 -10.48 -14.97 -24.90 -18.93 -29.68

Balance Sheet View Details

Particulars 9 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.
Shh. Funds -11 -17 -43 -63 -72 -44 -51 -50 -95
Non Curr. Liab. 139 120 135 101 133 92 71 69 154
Curr. Liab. 141 175 198 212 159 140 166 153 104
Minority Int. 23 16 12 8 6 5 -3 -6 -9
Equity & Liab. 291 293 302 256 226 194 182 166 155
Non Curr. Assets 173 170 162 152 146 135 126 114 105
Curr. Assets 118 124 140 104 80 59 56 52 50
Misc. Exp. not W/O
Total Assets 291 293 302 256 226 194 182 166 155

Profit Loss View Details

Particulars 9 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.
Net Sales 480 358 348 334 102 83 177 179 103
Other Income 4 8 2 3 5 14 3 8 5
Total Income 484 366 350 337 106 97 181 187 107
Total Expenditure -501 -334 -336 -340 -114 -101 -188 -190 -128
PBIDT -17 32 14 -4 -8 -5 -7 -3 -21
Interest -41 -32 -34 -32 -15 -26 -23 -23 -20
Depreciation -21 -12 -12 -9 -4 -8 -8 -7 -7
Taxation 1 -2 2 1 2 8 -9
Exceptional Items
PAT -78 -13 -29 -43 -25 -31 -47 -33 -48

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. 33 35 20 35 -16 -3 -7 3 -16
Cash Fr. Inv. -5 -6 -1 0 8 2 2 0 3
Cash Fr. Finan. -16 -35 -19 -15 -4 -6 5 -4 16
Net Change 13 -5 0 20 -13 -6 0 -1 3
Cash & Cash Eqvt 14 9 9 29 16 1 1 0 3

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
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

Wed, 21 Jul 2021
Update On The Damage To Hydro Power Plant Of Gokak Power & Energy Limited (Subsidiary Company)
Update On The Damage To Hydro Power Plant Of Gokak Power & Energy Limited (Subsidiary Company)
Sat, 17 Jul 2021
Shareholding for the Period Ended June 30 2021
Gokak Textiles Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Mon, 12 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 :- Rakesh M Nanwani
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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