Why is Glittek Granites Ltd ?
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
- CASH AND CASH EQUIVALENTS(HY) Lowest at Rs 0.00 cr
3
Risky - Negative EBITDA
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of 25.84%, its profits have fallen by -772.1%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Ceramics/Marble/Granite/Sanitaryware)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Glittek Granites for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Glittek Granites
25.84%
0.43
60.08%
SENSEX
0.45%
0.02
14.48%
Quality key factors
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
Loading Valuation Snapshot...
Technical 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
Technical Movement
2What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 3.36 times
-1What is not working for the Company
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 0.00 cr
Loading Valuation Snapshot...
Here's what is working for Glittek Granites
Debtors Turnover Ratio- Half Yearly
Highest at 3.36 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Glittek Granites
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 0.00 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents