GTN Industries

how big is GTN Industries?

As of Jun 06, GTN Industries Ltd has a market capitalization of 45.41 Cr, with net sales of 172.50 Cr and a net profit of -4.66 Cr over the latest four quarters. The standalone balance sheet as of Mar'24 shows shareholder's funds of 88.04 Cr and total assets of 146.38 Cr.

As of Jun 06, GTN Industries Ltd has a market capitalization of 45.41 Cr, categorizing it as a Micro Cap company.<BR><BR>As of Jun 06, the company reported a sum of Net Sales for the latest 4 quarters amounting to 172.50 Cr and a Net Profit of -4.66 Cr. This data is based on Standalone financials.<BR><BR>As of Mar'24, the Standalone balance sheet shows Shareholder's Funds of 88.04 Cr and Total Assets of 146.38 Cr. This reflects the latest annual reporting period for the company.

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 41 Cr and a net loss of 2 Cr for the quarter ending March 2025. The company has a market cap of Rs 46 Cr and a debt-equity ratio of 0.25.

Overview: <BR>GTN Industries Ltd operates in the Garments & Apparels industry and is classified as a Micro Cap company.<BR><BR>History: <BR>GTN Industries Limited was incorporated on August 02, 1962, and was formerly known as GTN Textiles Limited. The company was taken over by the current promoters in 1966 and changed its name to GTN Industries Limited on October 25, 2005. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 41 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -2 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 46 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.25 <BR>Return on Equity: -5.59% <BR>Price to Book: 0.55<BR><BR>Contact Details: <BR>Address: Chitkul Village, Patancheru Mandal Medak Telangana : 502307 <BR>Phone: 91-40-43407777/804 <BR>Email: sharedept@gtnindustries.com <BR>Website: http://www.gtnindustries.com

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.

Who are the peers of the GTN Industries?

GTN Industries' peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Suryaamba Spinni, Mohit Industries, K G Denim, H P Cotton Tex, and SVP Global. Management risk varies from excellent at Page Industries and K P R Mill Ltd to below average at Mohit Industries and others, with GTN Industries showing below average growth and capital structure, and a 1-year return of -17.87%.

Peers: The peers of GTN Industries are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Suryaamba Spinni, Mohit Industries, K G Denim, H P Cotton Tex, and SVP Global.<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. Average management risk is present at Trident, GTN Industries, Suryaamba Spinni, and K G Denim, and Below Average management risk is noted for Mohit Industries, H P Cotton Tex, and SVP Global. Growth is Excellent for K P R Mill Ltd and Page Industries, Good for Trent, Average for Suryaamba Spinni and K G Denim, and Below Average for GTN Industries, Vedant Fashions, Trident, Mohit Industries, H P Cotton Tex, and SVP Global. Capital Structure is Excellent for K P R Mill Ltd and Page Industries, Good for Trident, Average for Suryaamba Spinni, and Below Average for GTN Industries, Mohit Industries, K G Denim, H P Cotton Tex, and SVP Global.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mohit Industries at 49.49%, while the lowest is Vedant Fashions at -24.65%. GTN Industries has a 1-year return of -17.87%, which is higher than Vedant Fashions but lower than most peers. Additionally, the six-month return is negative for K G Denim, Vedant Fashions, Trident, H P Cotton Tex, SVP Global, and GTN Industries.

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.

Who are in the management team of GTN Industries?

As of March 2023, 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). They are responsible for the company's governance and operational oversight.

As of March 2023, 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>These members play key roles in the governance and operational oversight of the company.

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%.

When is the next results date for GTN Industries?

The next results date for GTN Industries is 08 August 2025.

The next results date for GTN Industries is scheduled for 08 August 2025.

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.

Are GTN Industries Ltd latest results good or bad?

GTN Industries Ltd's latest results are concerning, showing a net loss of ₹2.90 crores for Q3 FY26, a 226% increase from the previous quarter. Despite slight revenue growth, ongoing negative operating margins and significant losses indicate financial instability and challenges in achieving profitability.

GTN Industries Ltd's latest results are concerning. The company reported a net loss of ₹2.90 crores for Q3 FY26, which is a significant increase of 226% compared to the previous quarter's loss of ₹0.89 crores. While there was a slight revenue growth of 1.32% quarter-over-quarter, reaching ₹42.31 crores, the operating margin remains negative at -0.31%, although it has improved from -2.04% in the previous quarter.<BR><BR>The overall financial performance indicates ongoing challenges, with nine-month losses totaling ₹5.81 crores, suggesting that the company is struggling to return to profitability. The persistent negative operating margins and the deterioration in return on equity (ROE) to -8.29% further highlight the difficulties GTN Industries faces. <BR><BR>In summary, the results reflect a company grappling with significant operational inefficiencies and financial instability, making the outlook for GTN Industries quite bleak at this time.

Should I buy, sell or hold GTN Industries Ltd?

Why is GTN Industries Ltd falling/rising?

As of 16-Mar, GTN Industries Ltd's stock price is slightly down at 24.62, but it has shown strong performance with a 5.67% increase over the past week and an 18.77% gain year-to-date, significantly outperforming the Sensex. Despite the minor decline, the stock remains above its moving averages, indicating a positive long-term trend.

As of 16-Mar, GTN Industries Ltd is experiencing a slight decline in its stock price, currently at 24.62, down by 0.15 or 0.61%. Despite this decrease, the stock has shown strong performance over various time frames. For instance, over the past week, GTN Industries has increased by 5.67%, significantly outperforming the Sensex, which has fallen by 2.66%. Additionally, the stock has risen by 14.51% over the past month, while the Sensex has decreased by 9.34%. Year-to-date, GTN Industries has gained 18.77%, contrasting with the Sensex's decline of 11.40%.<BR><BR>Today's performance indicates that GTN Industries has outperformed its sector by 0.74%. The stock is also trading above its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a positive trend in the stock's performance. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 770.41% against the 5-day average.<BR><BR>Overall, while the stock is currently experiencing a minor decline, the broader trends indicate strong performance and positive investor sentiment in the longer term.

Which are the latest news on GTN Industries?