down arrow

Glittek Granites

  • Market Cap: Micro Cap
  • Industry: Ceramics/Marble/Granite/Sanitaryware
  • ISIN: INE741B01027
  • NSEID:
  • BSEID: 513528
INR
4.48
0.00 (0.00%)
BSENSE

Apr 11, 12:30 PM

BSE+NSE Vol: 12

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

4.484.48

52 Week

2.496.00
Valuation
Technical
Day's Volume

CASH

12 (-99.48%) Volume

Shareholding (Mar 2025)

FII

0.00%

Held by 0 FIIs

DII

7.60%

Held by 0 DIIs

Promoter

64.76%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

With a Negative Book Value, the company has a Weak Long Term Fundamental Strength

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 15.40 times
  • The company has reported losses and also has negative networth. This is not a good sign for the investors. Either company will have to raise fresh capital or report profits to sustain going forward
2

Flat results in Dec 24

3

Risky - Negative EBITDA

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Ceramics/Marble/Granite/Sanitaryware

stock-summary
Market cap

INR 12 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

25

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-1.73

stock-summary
Return on Equity

206.82%

stock-summary
Price to Book

-1.09

Revenue and Profits (1 Year):
Net Sales:
0 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-3 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
17.89%
0%
17.89%
1 Year
25.84%
0%
25.84%
2 Years
57.19%
0%
57.19%
3 Years
4.67%
0%
4.67%
4 Years
202.7%
0%
202.7%
5 Years
453.09%
0%
453.09%

Glittek Granites for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-30.62%
EBIT Growth (5y)
-270.52%
EBIT to Interest (avg)
-0.63
Debt to EBITDA (avg)
3.73
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.43
Tax Ratio
9.30%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
7.60%
ROCE (avg)
-27.39%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
25
Price to Book Value
-1.09
EV to EBIT
-1.53
EV to EBITDA
-1.54
EV to Capital Employed
3.85
EV to Sales
9.06
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-228.99%
ROE (Latest)
Negative BV
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Kosen Ventures Private Limited (49.98%)

Highest Public shareholder

Icici Bank Ltd (7.6%)

Individual Investors Holdings

25.09%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 123.81% vs -79.81% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 72.17% vs -298.10% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.47",
          "val2": "0.21",
          "chgp": "123.81%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-2.89",
          "val2": "-12.01",
          "chgp": "75.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.58",
          "val2": "0.51",
          "chgp": "13.73%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-3.49",
          "val2": "-12.54",
          "chgp": "72.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-614.89%",
          "val2": "-5,719.05%",
          "chgp": "5,104.16%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -70.79% vs 12.34% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -874.53% vs 3.01% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1.25",
          "val2": "4.28",
          "chgp": "-70.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-14.64",
          "val2": "-1.01",
          "chgp": "-1,349.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.93",
          "val2": "0.89",
          "chgp": "4.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.09",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-15.69",
          "val2": "-1.61",
          "chgp": "-874.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-1,171.20%",
          "val2": "-23.60%",
          "chgp": "-1,147.60%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -67.49% vs -29.47% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -520.71% vs -130.60% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1.72",
          "val2": "5.29",
          "chgp": "-67.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-17.53",
          "val2": "-2.06",
          "chgp": "-750.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.51",
          "val2": "1.30",
          "chgp": "16.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.09",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-19.18",
          "val2": "-3.09",
          "chgp": "-520.71%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-1,019.19%",
          "val2": "-38.79%",
          "chgp": "-980.40%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -48.47% vs 46.02% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -687.18% vs 66.23% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "6.90",
          "val2": "13.39",
          "chgp": "-48.47%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-4.11",
          "val2": "1.27",
          "chgp": "-423.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.71",
          "val2": "1.69",
          "chgp": "1.18%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-6.14",
          "val2": "-0.78",
          "chgp": "-687.18%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-59.57%",
          "val2": "9.48%",
          "chgp": "-69.05%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
0.47
0.21
123.81%
Operating Profit (PBDIT) excl Other Income
-2.89
-12.01
75.94%
Interest
0.58
0.51
13.73%
Exceptional Items
0.00
0.00
Standalone Net Profit
-3.49
-12.54
72.17%
Operating Profit Margin (Excl OI)
-614.89%
-5,719.05%
5,104.16%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 123.81% vs -79.81% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 72.17% vs -298.10% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1.25
4.28
-70.79%
Operating Profit (PBDIT) excl Other Income
-14.64
-1.01
-1,349.50%
Interest
0.93
0.89
4.49%
Exceptional Items
-0.09
0.00
Standalone Net Profit
-15.69
-1.61
-874.53%
Operating Profit Margin (Excl OI)
-1,171.20%
-23.60%
-1,147.60%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -70.79% vs 12.34% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -874.53% vs 3.01% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1.72
5.29
-67.49%
Operating Profit (PBDIT) excl Other Income
-17.53
-2.06
-750.97%
Interest
1.51
1.30
16.15%
Exceptional Items
-0.09
0.00
Standalone Net Profit
-19.18
-3.09
-520.71%
Operating Profit Margin (Excl OI)
-1,019.19%
-38.79%
-980.40%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -67.49% vs -29.47% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -520.71% vs -130.60% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
6.90
13.39
-48.47%
Operating Profit (PBDIT) excl Other Income
-4.11
1.27
-423.62%
Interest
1.71
1.69
1.18%
Exceptional Items
0.00
0.00
Standalone Net Profit
-6.14
-0.78
-687.18%
Operating Profit Margin (Excl OI)
-59.57%
9.48%
-69.05%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -48.47% vs 46.02% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -687.18% vs 66.23% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Glittek Granites Ltd stock-summary
stock-summary
Glittek Granites Ltd
Micro Cap
Ceramics/Marble/Granite/Sanitaryware
Incorporated in 1990 in Bangalore, Karnataka, Glittek Granites Limited is one of the major granite manufacturing companies in India. The Company is engaged in manufacturing, processing and trading of Granite Tiles & Slabs. Apart from granite, it deal in other natural stones such as sandstone, marble and quartz. It is registered under the 100% Export Oriented Unit Scheme of the Government of India, and enjoys the status of an Export House.
Company Coordinates stock-summary
Company Details
42 K I A D B Industrial Area, Hoskote Bangalore Karnataka : 562114
stock-summary
Tel: 91-80-27971565/66
stock-summary
http://www.glittek.com
stock-summary
info@glittek.com
Registrar Details
MCS Share Transfer Agent Ltd., Formerly MCS Ltd., 12/1/5, Monoharpukar Road, Kolkata
Stock List
ABCDEFGHIJKLMNOPQRSTUVWXYZOther
Footer Logo
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
Market
Webinars
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."