Gangotri Textile

When is the next results date for Gangotri Textile?

No Upcoming Board Meetings

Has Gangotri Textile declared dividend?

Gangotri Textiles Ltd has declared a 10% dividend, amounting to ₹0.50 per share, with an ex-date of September 19, 2007. However, the company has experienced significant negative total returns across various periods, with a dividend yield of 0%.

Gangotri Textiles Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 0.5000<BR>- Ex-date: 19 Sep 07<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 Months period, the price return was -48.23%, the dividend return was 0%, resulting in a total return of -48.23%.<BR><BR>In the 1 Year period, the price return was -42.97%, the dividend return was 0%, resulting in a total return of -42.97%.<BR><BR>In the 2 Years period, the price return was -22.34%, the dividend return was 0%, resulting in a total return of -22.34%.<BR><BR>In the 3 Years period, the price return was -40.16%, the dividend return was 0%, resulting in a total return of -40.16%.<BR><BR>In the 4 Years period, the price return was -5.19%, the dividend return was 0%, resulting in a total return of -5.19%.<BR><BR>In the 5 Years period, the price return was -6.41%, the dividend return was 0%, resulting in a total return of -6.41%.<BR><BR>Overall, while Gangotri Textiles Ltd declared a dividend, the total returns over various periods indicate significant negative performance, particularly in the short to medium term. The lack of dividend yield suggests that the dividend may not have had a substantial impact on shareholder returns.

Who are the peers of the Gangotri Textile?

Gangotri Textile's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Vardhman Textile, Welspun Living, Aditya Bir. Fas., and Alok Industries. Page Industries leads in 1-year returns at 26.58%, while Gangotri Textile has a return of -42.97%.

Peers: The peers of Gangotri Textile are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Vardhman Textile, Welspun Living, Aditya Bir. Fas., and Alok Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent and Vardhman Textile, and the rest. Growth is Excellent at K P R Mill Ltd and Page Industries, while Good growth is seen at Trent, and the rest show Below Average growth. In terms of Capital Structure, Excellent ratings are given to Page Industries and K P R Mill Ltd, while Good is observed at Trent, Vardhman Textile, and Trident, and the rest have Below Average or do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the lowest is Aditya Bir. Fas. at -70.35%. Gangotri Textile's 1-year return is -42.97%, which is higher than Aditya Bir. Fas. but lower than Page Industries. Additionally, peers with negative six-month returns include Vedant Fashions, Trident, Welspun Living, Aditya Bir. Fas., and Gangotri Textile.

Is Gangotri Textile overvalued or undervalued?

As of November 9, 2023, Gangotri Textile is considered risky and overvalued due to negative financial ratios and a year-to-date stock performance decline of 49.28%, contrasting sharply with its peers like K P R Mill Ltd and Trident.

As of 9 November 2023, Gangotri Textile's valuation grade has moved from does not qualify to risky, indicating a significant deterioration in its financial standing. The company is currently assessed as overvalued, given its troubling financial ratios, including a PE ratio of -2.38, an EV to EBIT of -233.47, and an EV to EBITDA also at -233.47. These negative figures suggest that the company is not generating profits and is facing severe operational challenges.<BR><BR>In comparison with its peers, Gangotri Textile's financial metrics starkly contrast with K P R Mill Ltd, which has a PE ratio of 47.51, and Trident, with a PE of 42.6, both of which are performing significantly better in the market. Additionally, the company's recent stock performance has been poor, with a year-to-date return of -49.28%, while the Sensex has gained 5.63% in the same period, further emphasizing the company's struggles in the current market environment.

What is the technical trend for Gangotri Textile?

As of June 3, 2025, Gangotri Textile's technical trend is mildly bearish, with key indicators like MACD and moving averages confirming a bearish stance, while the stock is at its 52-week low and has underperformed against the Sensex.

As of 3 June 2025, the technical trend for Gangotri Textile has changed from bearish to mildly bearish. The weekly MACD and Bollinger Bands indicate a bearish stance, while the monthly indicators also reflect bearish conditions. The daily moving averages are bearish, and the KST shows a mildly bearish trend on a monthly basis. The Dow Theory confirms a bearish outlook in both weekly and monthly assessments. The stock is currently at 0.70, which is at its 52-week low, and has underperformed significantly against the Sensex across multiple time frames. Overall, the current technical stance is mildly bearish, with key indicators such as MACD and moving averages driving this view.

Who are in the management team of Gangotri Textile?

As of March 2023, the management team of Gangotri Textile includes Manoj Kumar Tibrewal (Managing Director), R P Joshua (Nominee), and independent directors N Venkatesan, M V Suryaprabha, and S Sivashanmugam. They are responsible for the company's governance and strategic direction.

As of March 2023, the management team of Gangotri Textile includes:<BR><BR>1. Manoj Kumar Tibrewal - Managing Director<BR>2. R P Joshua - Nominee<BR>3. N Venkatesan - Independent Director<BR>4. M V Suryaprabha - Independent Director<BR>5. S Sivashanmugam - Independent Director<BR><BR>These individuals play key roles in the governance and strategic direction of the company.

What does Gangotri Textile do?

Gangotri Textiles Ltd is a vertically integrated textile company involved in recycling, spinning, weaving, and garment manufacturing, classified as a Micro Cap. As of March 2025, it reported a net profit of 0 Cr and has a market cap of INR 2 Cr.

Overview:<BR>Gangotri Textiles Ltd is a vertically integrated textile unit engaged in recycling waste, spinning, weaving, processing, and manufacturing garments, operating within the Garments & Apparels industry and classified as a Micro Cap company.<BR><BR>History:<BR>Gangotri Textiles Ltd was incorporated on July 26, 1989, initially as a private limited company and later converted into a public limited company in January 1993. The latest quarterly results reported are for March 2025, showing a net profit of 0 Cr.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: INR 2 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 52<BR>Dividend Yield: 0.00%<BR>Debt Equity: -0.98<BR>Return on Equity: 0.01%<BR>Price to Book: -0.01<BR><BR>Contact Details:<BR>Address: 25-A Venkatachalam CoOP Colony, R S Puram Coimbatore Tamil Nadu : 641002<BR>Tel: 91-0422-4332100<BR>Email: tibre@gangotritextiles.com<BR>Website: http://www.gangotritextiles.com

Who are the top shareholders of the Gangotri Textile?

The top shareholders of Gangotri Textile include individual investors with 58.62% ownership, led by promoter Anita Tibrewal at 16.05% and public shareholder Leema Rose M. at 10.27%. Notably, 74.84% of promoter holdings are pledged, and there are no reported holdings from mutual funds or foreign institutional investors.

The top shareholders of Gangotri Textile include a mix of individual and institutional investors. The majority of the shareholding is held by non-institutional investors, with individual investors collectively owning 58.62% of the shares. <BR><BR>Among the promoters, Anita Tibrewal holds the highest stake at 16.05%. The highest public shareholder is Leema Rose M., who owns 10.27% of the shares. Notably, there are no holdings reported from mutual funds or foreign institutional investors (FIIs). Additionally, a significant portion of the promoter holdings, specifically 74.8406%, is pledged.

Are Gangotri Textile latest results good or bad?

Gangotri Textiles' latest results show flat net sales with negative profits, although operating profit and other metrics have improved slightly. Despite these trends, the stock is rated a 'Strong Sell,' indicating negative market sentiment.

Gangotri Textiles' latest financial results for the quarter ending March 2025 indicate a flat performance overall, with no growth in net sales compared to the previous quarter. However, there are some positive signs in terms of operating profit, profit before tax, and profit after tax, all of which reached their highest levels in the last five quarters, albeit still showing negative figures.<BR><BR>The company reported an operating profit of Rs -0.01 crore, which is an improvement from previous quarters. Similarly, the profit before tax and profit after tax also stood at Rs -0.01 crore, marking a trend towards better performance, even if the numbers remain in the negative.<BR><BR>Despite these slight improvements, the stock has been rated as a 'Strong Sell' by MarketsMOJO, reflecting a negative sentiment in the market regarding the company's prospects. Overall, while there are some encouraging trends, the flat performance and negative profit figures suggest that the results are not particularly strong.

How big is Gangotri Textile?

As of 21st July, Gangotri Textiles Ltd has a market capitalization of 2.00 Cr, classifying it as a Micro Cap company, with reported Net Sales of 0.00 Cr and a Net Profit of -0.07 Cr over the latest four quarters. Shareholder's Funds were -236.77 Cr and Total Assets were 15.19 Cr as of March 2025.

As of 21st July, Gangotri Textiles Ltd has a market capitalization of 2.00 Cr, which classifies it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 0.00 Cr and a Net Profit of -0.07 Cr, indicating a loss during this period.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds were recorded at -236.77 Cr and Total Assets amounted to 15.19 Cr.

Should I buy, sell or hold Gangotri Textile?

How has been the historical performance of Gangotri Textile?

Gangotri Textile has shown consistent negative shareholder equity and stagnant financial metrics, with total reserves declining slightly and a book value per share of -100.32 as of March 2025, indicating ongoing financial challenges. The company has not reported any profits, maintaining a profit before tax of Rs 0.00 over the years.

Answer:<BR>The historical performance of Gangotri Textile indicates a consistent trend of negative shareholder equity and stagnant financial metrics over the years.<BR><BR>Breakdown:<BR>Gangotri Textile has maintained a share capital of Rs 106.73 crore consistently from March 2020 to March 2025. However, the total reserves have shown a slight deterioration, moving from -342.43 crore in March 2020 to -343.50 crore in March 2025. Shareholder's funds have also remained negative, with values hovering around -236.77 crore in March 2025, indicating a persistent financial strain. The company has not incurred any long-term borrowings, reflecting a lack of leverage, while short-term borrowings have remained constant at Rs 240.47 crore over the same period. The total liabilities have slightly increased from Rs 15.94 crore in March 2020 to Rs 15.19 crore in March 2025. Notably, the book value per share has remained negative, with a value of -100.32 in March 2025, suggesting ongoing challenges in generating profits, as evidenced by the profit before tax consistently reported at Rs 0.00 across the years. Overall, the financial data reflects a stagnant performance with no significant improvements in key metrics.

Why is Gangotri Textiles Ltd falling/rising?

As of 20-May, the stock price of Gangotri Textiles Ltd is at 0.62, showing no change recently, with a significant year-over-year decline of -21.52%. Despite some outperformance today, the stock faces challenges indicated by mixed performance against the benchmark and a flat return over the past week and month.

As of 20-May, the stock price of Gangotri Textiles Ltd is currently at 0.62, showing no change from the previous day (0.00%, 0.00). Over the past week, the stock has remained flat with a return of +0.00%, while the benchmark Sensex has increased by +0.95%. In the one-month period, the stock has also not changed, contrasting with the Sensex, which has decreased by -4.08%. Year-to-date, the stock has maintained a return of +0.00%, while the Sensex has declined by -11.62%. However, over the past year, Gangotri Textiles Ltd has experienced a significant drop of -21.52%, compared to the Sensex's decline of -7.23%. <BR><BR>In terms of trading performance today, the stock has outperformed its sector by 2.29%. There has been erratic trading, as the stock did not trade on 4 out of the last 20 days. The stock's moving averages indicate that it is higher than the 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a rise in investor participation, with a delivery volume of 62.62k on 01 September, which has increased by 536.4% against the 5-day average delivery volume. The liquidity of the stock is considered adequate for trading, based on 2% of the 5-day average traded value.<BR><BR>Overall, while the stock price has not changed recently, the mixed performance against the benchmark and the significant year-over-year decline suggest that the stock is facing challenges, contributing to its overall downward trend in the longer term.

Which are the latest news on Gangotri Textile?