GBL Industries (Delisted) share price

BSE: 539009Construction

GBL Industries Limited · Face value ₹10 · Listed Mar 2015

Last traded ₹2.84 on 13 Jun 2022

Delisted on 10 Jan 2024.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

  1. Apr 2021

    • 12 Apr · Shareholding for the Period Ended March 31, 2021

      Shareholding Pattern for the Period Ended March 31, 2021. For more details, kindly Click ....
    • 12 Apr · Statement Of Investor Complaints For The Quarter Ended March 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 0 0 0 0
  2. Feb 2021

Share price history

Daily closes since Mar 2015, adjusted for splits and bonuses

Daily close, ₹ per share

Q3 results, quarter to Dec 2020

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹0.00 Cr
Operating profit
−₹0.01 Cr
Net profit
−₹0.01 Cr
Earnings per share
−₹0.01

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses0.0
  4. Operating profit0.0
  5. Depreciation0.0
  6. Other income0.0
  7. Finance costs0.0
  8. Profit before tax0.0
  9. Tax0.0
  10. Net profit0.0

GBL Industries results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2020. Results for the quarter to Mar 2021 were due by 30 May 2021, 60 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
8.50.0Mar 186.50.3Jun 18140.3Sep 181.80.1Dec 183.0−0.5Mar 190−0.1Jun 190−0.1Sep 1900.0Dec 1900.1Mar 2000.0Jun 2000.0Sep 2000.0Dec 20
Peak revenue ₹14 Cr, quarter to Sep 2018; lowest ₹0.00 Cr, quarter to Jun 2019A loss in 7 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
7.0%−16.2%1.2%6.9%1.7%0.0%−13.6%0.2%5.1%2.3%7.0%−16.2%Mar 18Sep 18Mar 19Sep 19Mar 20Sep 20Dec 20
₹ croreMar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3
Revenue from operations0.2––0.11.61.10.86.48.56.513.91.83.00.00.00.00.00.00.00.0
0.0––––1.00.8–8.46.013.71.83.40.10.10.0−0.10.00.00.0
Materials and goods bought––––1.51.00.86.38.46.013.71.83.00.00.00.00.00.00.00.0
Employee costs–––––0.00.0–0.00.00.00.00.00.00.00.00.00.00.00.0
Other expenses–––––0.00.0–0.00.00.00.00.40.00.10.0−0.10.00.00.0
Operating profit before depreciation0.1––––0.00.0–0.10.40.20.0−0.4−0.1−0.10.00.10.00.00.0
Operating margin80.1%––––2.5%−1.6%–1.2%6.9%1.7%0.0%−13.6%–––––––
Depreciation and amortisation0.0–––0.00.00.00.00.00.00.00.00.00.00.00.00.10.00.00.0
Other income––––0.2–0.00.00.10.00.00.2−0.20.00.00.00.00.00.00.0
Finance costs0.0––––0.00.0–0.10.00.00.00.00.00.00.00.00.00.00.0
Profit before one-off items and tax0.20.0–0.00.20.00.00.10.00.40.20.2−0.6−0.1−0.10.00.10.00.00.0
One-off items–––––––––0.00.20.00.00.00.00.00.00.00.00.0
Profit before tax0.20.0–0.00.20.00.00.10.00.40.40.2−0.6−0.1−0.10.00.10.00.00.0
––––0.10.00.00.00.00.10.10.0−0.10.00.00.00.00.00.00.0
Tax rate––––34.4%21.1%40.9%30.3%57.1%25.3%21.5%26.2%––––−39.8%–––
Net profit0.20.0–0.00.10.00.00.10.00.30.30.1−0.5−0.1−0.10.00.10.00.00.0
Net margin107.5%––81.5%6.6%1.4%1.6%1.3%0.2%5.1%2.3%7.0%−16.2%–––––––
Earnings per share₹0.34––––₹0.03₹0.03₹0.17₹0.03₹0.65₹0.64₹0.25−₹0.98−₹0.13−₹0.28−₹0.01₹0.21−₹0.07₹0.00−₹0.01
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Sep 2016.

6 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
0.20.0Mar 150.20.0Mar 161.60.1Mar 17170.1Mar 18250.30.0Mar 190−0.10.3Mar 20
Peak revenue ₹25 Cr, year to Mar 2019; lowest ₹0.00 Cr, year to Mar 2020A loss in the year to Mar 2020, −₹0.10 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin
36.2%−2.7%36.2%−2.7%1.2%1.1%9.9%24.2%7.0%0.8%1.1%Mar 15Mar 16Mar 17Mar 18Mar 19Mar 20

Results for the year to Mar 2020

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses−0.1
  4. Operating profit−0.1
  5. Depreciation−0.1
  6. Other income0.0
  7. One-off items0.0
  8. Finance costs0.0
  9. Profit before tax−0.1
  10. Tax0.0
  11. Net profit−0.1

What the company owns

  • Plant, investments and other assets₹5 Cr
  • Receivables₹1 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹5 Cr
  • Owed to suppliers₹1 Cr
  • Borrowings₹0 Cr
  • Other liabilities₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Dec 2020, the latest four quarters added.

₹ croreMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Dec 2020Twelve months
Revenue from operations0.20.21.616.925.20.00.0
–0.11.616.724.90.1−0.1
Materials and goods bought0.1–1.516.624.40.00.0
Employee costs–––0.00.10.00.0
Other expenses–––0.10.50.1−0.1
Operating profit before depreciation–0.10.00.20.3−0.10.1
Operating margin–36.2%−2.7%1.2%1.1%––
Materials, % of revenue–––98.1%96.7%––
Employee costs, % of revenue–––0.2%0.2%––
Other expenses, % of revenue–––0.5%2.0%––
Depreciation and amortisation0.00.00.00.00.00.10.1
Operating profit after depreciation–0.10.00.20.2−0.10.0
Other income––0.20.10.00.00.0
Finance costs–0.00.00.10.00.00.0
Profit before one-off items and tax0.00.10.20.20.3−0.10.0
One-off items––––0.20.00.0
Profit before tax0.00.10.20.20.4−0.10.0
0.00.00.10.10.10.00.0
Net profit0.00.00.10.10.3−0.10.1
Net margin9.9%24.2%7.0%0.8%1.1%––
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2016 and Mar 2017 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2015: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March. The last column is the half year to Sep 2020, after the latest full year: the balance sheet at its end.

₹ croreMar 2019Mar 2020Sep 2020Half year
5.565.425.38
Share capital5.005.005.00
Reserves0.560.420.38
0.020.260.26
0.680.810.59
0.030.010.27
Total assets6.276.246.24
4.364.504.77
1.911.741.48
Net debt−0.240.170.17
Borrowings are counted again inside the liabilities due within a year and after a year. Plant in use and plant being built are given for full years only. No balance sheet is on record for the years to Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March. The last column is the half year to Sep 2020, after the latest full year: the cash flow over its six months.

₹ croreSep 2020Half year
0.27
0.30
Payables0.04
Other working capital0.26
Capital spending0.00
Free cash flow0.27
Cash from investing0.00
Cash from financing−0.27
Dividends paid0.00
Shares bought back0.00
Shares issued0.00
Net change in cash0.00
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Earnings per share₹0.03––₹0.03₹0.56−₹0.21
Diluted earnings per share–––₹0.03₹0.56−₹0.21
Book value per share––––₹11.11₹10.84
Market cap at the year end (₹ crore)8.50–––9.250.10

Ratios

Standalone, years to March.

RatioMar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue growth9.3%841.5%986.3%49.4%−100.0%
Operating profit growth–––36.1%–
Net profit growth166.7%170.0%17.6%121.7%–
Earnings per share growth–––2,140.0%–
Return on equity–––5.1%–
Return on capital employed–––4.3%−2.4%
Interest cover59.0–1.4159.9–
Debt to equity–––0.000.05
Receivable days–––20–
Inventory days–––0–
Payable days–––8–
Cash conversion cycle, days–––11–
Working capital days–––14–
Asset turnover–––4.020.00
Assets per rupee of net worth–––1.131.14
Sales per rupee of plant–––41.700.00
Plant being built, % of plant in use––––0.0%
Interest cover is left blank for the year to Mar 2017: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2020.

Return on assets, latest year
−1.7%
Measure5 years3 years
Return on capital employed, average–1.0%
Operating margin, average9.0%1.2%
Net margin, average8.3%0.9%
Asset turnover, average–2.01
Interest cover, average–80.6
Debt to equity, average–0.03

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Altman Z-scorePublished threshold 1.81––––12.370.27
Receivables growth less revenue growthOur threshold 0 percentage points–––––100.00
Assets under construction, years of additionsOur threshold 2 years of additions–––––0.00
Effective tax ratePublished threshold 17.16 per cent33.3331.0333.13–33.28–
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2020 the company reports one business segment, Trading, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2020, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−99.0%––0.0%
3 years−79.8%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

GBL Industries share price by year

Each calendar year to 2022.

YearClose at year endChangeHighest closeLowest close
20222.84−15.5%3.202.57
20213.36+85.6%6.090.82
20201.81+170.1%2.530.19
20190.67−99.2%100.250.67
201880.60+257.4%80.6019.05
201722.55−35.4%33.2020.00
201634.90+95.5%36.7518.70
201517.85–17.8517.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 21 Jun 2016. 2015 is from its first session, 16 Mar 2015. The close is the year's last trade for 2022 (13 Jun 2022), 2017 (5 Dec 2017) and 2015 (27 Oct 2015).

Recent sessions

The 10 trading days to 13 Jun 2022, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
13 Jun 20222.712.842.582.842.672,848
6 Jun 20222.592.712.592.712.711,020
30 May 20222.592.592.592.592.591
23 May 20222.752.752.622.672.663,684
16 May 20222.522.752.522.752.543,120
9 May 20222.602.752.492.652.582,579
2 May 20222.672.752.622.622.661,042
25 Apr 20222.752.752.662.752.685,313
18 Apr 20222.642.812.642.802.794,025
11 Apr 20222.682.962.682.682.826,947
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
1 Feb 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Each event is noted and not adjusted for.

Company details

BSE code
539009
ISIN
INE003Q01012
Industry
Construction
CIN
L24117GJ1985PLC007985
Corporate identity number, the registrar of companies' code for it
Incorporated
1985
Registered office
801, SAFAL PRELUDE, 8th Floor, B/h. Pinnacle Business Park, Corporate Road, Prahladnagar, Ahmedabad 380015, Gujarat
Share registrar
Link Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments