GTN Industries

Why is GTN Industries Ltd falling/rising?

As of 01-Jul, GTN Industries Ltd's stock price is rising to 21.11, reflecting a short-term trend reversal after previous declines. However, the company faces significant long-term challenges, including poor financial performance and a bearish outlook, despite a temporary increase in investor interest.

As of 01-Jul, GTN Industries Ltd's stock price is rising, currently at 21.11, with a change of 0.36 (1.73%) upward. This increase can be attributed to a trend reversal, as the stock has gained after two consecutive days of decline. Additionally, it has outperformed its sector by 4.02% today, indicating a positive shift in investor sentiment.<BR><BR>Despite this short-term rise, the stock has shown significant underperformance over longer periods, with a 1-year return of -21.81% and a 3-year return of -34.05%. The company is facing serious challenges, including operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of 1.24. Furthermore, the latest financial results indicate a negative EBITDA of Rs. -6.76 cr and a PAT of Rs -4.91 cr, which has fallen by -215.2% compared to the previous four-quarter average.<BR><BR>While there is a slight uptick in investor participation, with delivery volume rising by 51.63% against the 5-day average, the overall financial health of GTN Industries Ltd remains concerning. The stock is trading below all major moving averages, suggesting a bearish trend in the longer term. Thus, while the stock is experiencing a temporary rise, the underlying fundamentals indicate ongoing challenges that could lead to further declines in the future.

Which are the latest news on GTN Industries?

How big is GTN Industries?

As of 10th June, GTN Industries Ltd has a market capitalization of 45.00 Cr and reported net sales of 160.56 Cr, with a net loss of 10.72 Cr over the latest four quarters. The company has shareholder's funds of 83.40 Cr and total assets of 136.53 Cr as of March 2025.

As of 10th June, GTN Industries Ltd has a market capitalization of 45.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, GTN Industries reported net sales of 160.56 Cr. However, the company experienced a loss of 10.72 Cr in net profit during the same period.<BR><BR>For the latest annual period ending March 2025, GTN Industries had shareholder's funds amounting to 83.40 Cr and total assets of 136.53 Cr.

Who are in the management team of GTN Industries?

The management team of GTN Industries includes M K Patodia (Chairman & Managing Director), M R Vikram and Rajul Kothari (Independent Directors), P Prabhakara Rao (Company Secretary & Compliance Officer), and C George Joseph (Non-Executive Director).

The management team of GTN Industries includes the following individuals:<BR><BR>1. **M K Patodia** - Chairman & Managing Director<BR>2. **M R Vikram** - Independent Director<BR>3. **P Prabhakara Rao** - Company Secretary & Compliance Officer<BR>4. **C George Joseph** - Non-Executive Director<BR>5. **Rajul Kothari** - Independent Director<BR><BR>If you need more details about their roles or responsibilities, feel free to ask!

Who are the peers of the GTN Industries?

GTN Industries' peers include Celebrity Fash., Sambandam Spg., Wires & Fabriks, and others, with varying management risks and growth rates. Avax Apparels leads in returns, while GTN Industries has a 1-year return of -10.11%.

Peers: The peers of GTN Industries are Celebrity Fash., Sambandam Spg., Wires & Fabriks, Mohite Industrie, Avax Apparels, Dhanlaxmi Fabric, MKP Mobility, K G Denim, and Sri Ramakr. Mill.<BR><BR>Quality Snapshot: Excellent management risk is observed at Avax Apparels, while Average management risk is found at Wires & Fabriks, MKP Mobility, K G Denim, and Sri Ramakr. Mill, and the rest have Below Average management risk. Growth is Excellent at Avax Apparels, Good at Wires & Fabriks and Sri Ramakr. Mill, while Below Average growth is noted at Celebrity Fash., Sambandam Spg., Mohite Industrie, Dhanlaxmi Fabric, GTN Industries, K G Denim, and the rest. For Capital Structure, Good is seen at Avax Apparels and MKP Mobility, Average at Wires & Fabriks and K G Denim, and Below Average at Celebrity Fash., Sambandam Spg., Mohite Industrie, Dhanlaxmi Fabric, GTN Industries, Sri Ramakr. Mill, and the rest.<BR><BR>Return Snapshot: Avax Apparels has the highest 1-year return at 564.01%, while Celebrity Fash. has the lowest at -45.37%. GTN Industries' 1-year return of -10.11% is better than Celebrity Fash. but worse than Avax Apparels. Additionally, the six-month return is negative for Celebrity Fash., Wires & Fabriks, Mohite Industrie, Dhanlaxmi Fabric, MKP Mobility, K G Denim, and PBM Polytex.

What does GTN Industries do?

GTN Industries Ltd, a Micro Cap company in the Garments & Apparels industry, was incorporated in 1962 and reported net sales of 38 Cr and a net loss of 5 Cr for the quarter ending March 2026. The company has a market cap of INR 45 Cr and key metrics include a debt equity ratio of 0.30 and a return on equity of -13.13%.

Overview:<BR>GTN Industries Ltd operates in the Garments & Apparels industry and is classified as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated in 1962 and underwent a name change from GTN Textiles Limited to GTN Industries Limited on October 25, 2005. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 38 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: -5 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 45 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.30<BR>- Return on Equity: -13.13%<BR>- Price to Book: 0.58<BR><BR>Contact Details:<BR>Address: Chitkul Village, Patancheru Mandal Medak Telangana : 502307 <BR>Tel: 91-40-43407777/804 <BR>Email: sharedept@gtnindustries.com <BR>Website: http://www.gtnindustries.com

Should I buy, sell or hold GTN Industries Ltd?

Are GTN Industries Ltd latest results good or bad?

GTN Industries Ltd's latest results are concerning, showing a net loss of ₹4.91 crores and a 10.40% decline in revenue, indicating significant operational issues and a lack of profitability. The company's financial performance suggests it is in distress, raising serious concerns about its future viability.

GTN Industries Ltd's latest results are concerning and can be characterized as bad. In the quarter ending March 2026, the company reported a net loss of ₹4.91 crores, which is a significant decline of 69.31% compared to the previous quarter. Revenue also fell by 10.40% quarter-on-quarter to ₹37.91 crores, marking the lowest quarterly revenue in recent history. <BR><BR>The operating margins have collapsed to negative 13.08%, indicating that the company is losing money on every unit sold before accounting for other expenses. This represents a drastic deterioration from the positive margins seen in the previous year. The company's financial performance suggests a deep operational crisis, with no visible path to profitability and a lack of institutional support, which raises serious concerns about its future viability.<BR><BR>Overall, the results reflect a company in distress, struggling with declining revenues, increasing losses, and significant operational inefficiencies.

When is the next results date for GTN Industries Ltd?

The next results date for GTN Industries Ltd is 28 May 2026.

The next results date for GTN Industries Ltd is scheduled for 28 May 2026.

How has been the historical performance of GTN Industries?

GTN Industries has experienced a significant decline in financial performance, with net sales dropping from 480.91 crore in March 2022 to 172.50 crore in March 2025, and consistent losses reflected in a profit after tax of -4.65 crore. Operating profit also fell sharply to 1.80 crore in March 2025, alongside a decrease in cash flow from operating activities to 5.00 crore.

Answer:<BR>The historical performance of GTN Industries shows a significant decline in net sales and profitability over the years, with the latest figures for March 2025 indicating net sales of 172.50 crore, down from 185.38 crore in March 2024 and a peak of 480.91 crore in March 2022. The total operating income followed a similar trend, decreasing from 185.38 crore in March 2024 to 172.50 crore in March 2025. Operating profit has also seen a drastic reduction, with a profit of only 1.80 crore in March 2025 compared to 30.80 crore in March 2023 and 84.03 crore in March 2022. The company reported a profit before tax of -5.46 crore in March 2025, continuing a downward trend from -8.29 crore in March 2024 and a profit of 21.88 crore in March 2023. Consequently, the profit after tax was -4.65 crore in March 2025, reflecting a loss that has persisted since March 2021. The earnings per share have also declined sharply, showing -2.65 in March 2025 compared to 8.87 in March 2023. On the balance sheet, total liabilities decreased to 136.53 crore in March 2025 from 146.38 crore in March 2024, while total assets also fell to 136.53 crore from 146.38 crore in the same period. Cash flow from operating activities was 5.00 crore in March 2025, down from 12.00 crore in March 2024, indicating ongoing challenges in generating cash.<BR><BR>Breakdown:<BR>GTN Industries has experienced a notable decline in its financial performance over the years, particularly in net sales, which fell from 313.89 crore in March 2023 to 172.50 crore in March 2025. The total operating income mirrored this decline, dropping to 172.50 crore in March 2025. Operating profit has also diminished significantly, with a mere 1.80 crore reported in March 2025, down from 30.80 crore in March 2023. The company has faced consistent losses, as evidenced by a profit before tax of -5.46 crore in March 2025 and a profit after tax of -4.65 crore. The earnings per share have similarly decreased, reflecting a negative trend with -2.65 in March 2025. On the balance sheet, total liabilities decreased to 136.53 crore, while total assets also fell to the same figure, indicating a contraction in the company's financial position. Cash flow from operating activities has also declined, showing a cash inflow of only 5.00 crore in March 2025, down from 12.00 crore in March 2024, highlighting ongoing operational challenges.

Who are the top shareholders of the GTN Industries?

The top shareholder of GTN Industries is Gtn Engineering (India) Limited, holding 49.51% of the shares. Individual investors own 22.45%, while mutual funds and foreign institutional investors have minimal involvement, each holding 0.0%.

The top shareholders of GTN Industries primarily consist of its promoters, with Gtn Engineering (India) Limited holding the largest stake at 49.51%. There are no pledged promoter holdings, and the company has minimal involvement from mutual funds and foreign institutional investors, each holding 0.0%. Additionally, individual investors own 22.45% of the shares, while the highest public shareholder is a Foreign Commercial Bank, also holding 0%.

Is GTN Industries overvalued or undervalued?

As of August 14, 2023, GTN Industries is considered overvalued and risky due to its negative PE ratio, high EV to EBITDA ratio, and poor profitability metrics, especially when compared to industry peers and the overall market performance.

As of 14 August 2023, the valuation grade for GTN Industries has moved from very attractive to risky, indicating a significant shift in its perceived financial health. The company is currently assessed as overvalued given its negative PE ratio of -9.71, an EV to EBITDA ratio of 36.79, and a ROE of -5.59%. These figures suggest that the market is pricing in considerable risk, especially when compared to peers such as K P R Mill Ltd, which has a PE ratio of 47.51, and Trident, with a PE of 42.6.<BR><BR>In the context of its industry, GTN Industries appears to be underperforming, as evidenced by its negative returns year-to-date and over the past year, contrasting sharply with the Sensex's positive performance during the same periods. This further reinforces the conclusion that GTN Industries is overvalued, particularly in light of its poor profitability metrics and the overall market sentiment reflected in its stock performance.

What is the technical trend for GTN Industries?

As of June 2, 2025, GTN Industries is in a bearish trend with moderate strength, supported by bearish daily moving averages, monthly MACD, and Bollinger Bands, despite a mildly bullish KST on the weekly timeframe.

As of 2 June 2025, the technical trend for GTN Industries has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the daily moving averages which are bearish, and the monthly MACD which is also bearish. Additionally, both the weekly and monthly Bollinger Bands indicate a bearish trend. The Dow Theory shows a mildly bearish stance on the weekly and monthly time frames, further supporting the bearish outlook. Despite a mildly bullish KST on the weekly, the overall sentiment remains negative due to the prevailing bearish signals across multiple indicators.

Has GTN Industries declared dividend?

GTN Industries Ltd has declared a 9% dividend, amounting to 0.5900 per share, with an ex-date of July 19, 2007. However, the dividend yield is currently 0%, and total returns have varied significantly over different periods.

GTN Industries Ltd has declared a 9% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 9%<BR>- Amount per share: 0.5900<BR>- Ex-date: Jul-19-2007<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -27.04%, the dividend return was 0%, resulting in a total return of -27.04%.<BR><BR>In the 1-year period, the price return was -18.94%, the dividend return was 0%, resulting in a total return of -18.94%.<BR><BR>In the 2-year period, the price return was -28.02%, the dividend return was 0%, resulting in a total return of -28.02%.<BR><BR>In the 3-year period, the price return was -55.5%, the dividend return was 0%, resulting in a total return of -55.5%.<BR><BR>In the 4-year period, the price return was 113.7%, the dividend return was 0%, resulting in a total return of 113.7%.<BR><BR>In the 5-year period, the price return was 284.84%, the dividend return was 0%, resulting in a total return of 284.84%.<BR><BR>Overall, GTN Industries has declared a dividend, but the dividend yield is currently 0%. The total returns over various periods show significant fluctuations, with a notable increase in returns over the longer term, despite the absence of dividends in recent periods.