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GTN Industries Ltd Fundamentals

Market Cap
₹ 56.18 Cr
P/E Ratio (TTM)
0.00
P/B Ratio
0.60
Debt to Equity
0.68
ROE
17.62
EPS (TTM)
0.00
Dividend Yield
0.00 %
Book Value
53.11

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GTN Industries Ltd Financials

GTN Industries Ltd Financials

GTN Industries Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 74.34 % 74.34 % 74.34 % 74.34 %
Retail 22.14 % 22.15 % 21.98 % 21.75 %
Others 3.52 % 3.51 % 3.68 % 3.91 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %
FII 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

74.34%

Retail

22.14%

Others

3.52%

Mutual Funds

0.00%

FII

0.00%

Promoters

74.34%

Retail

22.15%

Others

3.51%

Mutual Funds

0.00%

FII

0.00%

Promoters

74.34%

Retail

21.98%

Others

3.68%

Mutual Funds

0.00%

FII

0.00%

Promoters

74.34%

Retail

21.75%

Others

3.91%

Mutual Funds

0.00%

FII

0.00%

Resistance and Support

₹11.90

PIVOT

resistance-arrow
Resistance
First Resistance₹12.300
Second Resistance₹12.650
Third Resistance₹13.050
support-arrow
Support
First Support₹11.550
Second Support₹11.150
Third Support₹10.800

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day2,1754,56071.10
Week6,4084,727134.93
1 Month6,4085,727134.93
6 Months000.00

About GTN Industries Ltd

GTN Industries Ltd (Formerly known GTN Textiles Ltd) was incorporated in 1962, GTN Textiles was taken over by the present promoters in 1966. The flagship of the GTN Patodia group, GTN Textiles (GTNTL) has several unique distinctions. It was the first company to export cotton yarn from India to Japan and Italy. The Company has its production facilities in the State of Telangana and Maharashtra and is presently engaged in the business of Spinning and Doubling of Yarn. In 1992, it exported virtually its entire production, although it is not an EOU. The installed capacity of its plant at Alwaye, Kerala, has been increased from 12000 to 38600 spindles, bringing the company's total spindleage to 60340. In Jan.'93, GTNTL came out with its maiden public issue to modernise the existing plants, meet long-term working capital requirements and invest in the group's newly promoted company, Patspin India Ltd. GTNTL is a government-recognised Export House and a Star Exporter. Perfect Spinners, a group company, also into cotton yarn, was merged with the company in Apr.'94. It is implementing an expansion-cum-modernisation programme at all its units. GTN Exports and Packworth Udyog are subsidiaries of GTN Textiles. In 2000-2001 the company has raised term loan of Rs.22.83 crores under Technology Upgradation Fund Scheme which provides for 5% interest subsidy,for marginal increase in capacity and substantial modernisation/replacement of old machinery across the units,by availing world-class technology. To foray in production of Compact Spun Yarns and also to upgrade its production technology the company embarked upon TUF-II scheme for a total outlay of Rs.40 crores. It is also focussing on product diversification,startegic marketing,cost control measures etc to perform satisfactorily. During December 2005,the company has decided to demerge its Aluva Unit along with investment of the company made in Patspin India Ltd and also offices as well as its assets situated in Mumbai,Kolkata and Coimbatore to GTN Industries Ltd.In consideration of demerger,the shareholders of the company will get One Equity Share of Rs.10/-each of GTN Industries for every One Equity Share held in the company. Based on the approval given by the Shareholders at their Meeting held on 26th August 2005, and subsequent approval by the Hon'ble High Court of Kerala on 19th December, 2005 to the Scheme of Arrangement, certain business of Company was transferred to GTN Industries Limited (Transferee Company, now known as GTN Textiles Limited) which included the spinning unit at Aluva, Investments of 39.07% of the paid up equity share capital of Patspin India Limited and other assets as specified in the Scheme, which was effective from 19th December, 2005 and the appointed date of the Scheme was 1st April, 2005. In terms of Scheme, the names of the Transferor and Transferee Companies were inter-changed, accordingly, the name of Company was changed to GTN Industries Limited. After demerger, company is having two Spinning Units at Nagpur and Medak with aggregate capacity of 70336 spindles, Yarn Processing Unit at Shadnagar and Yarn Doubling Unit at Medak. Since the Company was classified as a potentially sick company during 2015-16 and intimated to the BIFR on 27th Oct, 2016 after approval of shareholders. However, Presently SICA, 1985 is withdrawn.

Managing Director

1962

Founded

M K Patodia

NSE Symbol

GTNIND

GTN Industries Ltd Management

NameDesignation
M K PatodiaChairman & Managing Director
M R VikramIndependent Director
P Prabhakara RaoCompany Sec. & Compli. Officer
C George JosephNon Executive Director
Rajul KothariIndependent Director

GTN Industries Ltd News

GTN Industries to convene board meeting
On 28 May 2024
GTN Industries reports standalone net loss of Rs 1.92 crore in the December 2023 quarter
Sales rise 10.63% to Rs 47.06 crore
GTN Industries announces board meeting date
On 13 February 2024
GTN Industries reports standalone net loss of Rs 0.63 crore in the September 2023 quarter
Sales decline 17.25% to Rs 48.40 crore
GTN Industries schedules board meeting
On 7 November 2023
GTN Industries announces board meeting date
On 13 October 2023
GTN Industries schedules AGM
On 29 September 2023
GTN Industries reports standalone net loss of Rs 2.31 crore in the June 2023 quarter
Sales decline 70.66% to Rs 49.60 crore
GTN Industries to hold board meeting
On 11 August 2023
GTN Industries reports standalone net loss of Rs 1.32 crore in the March 2023 quarter
Sales decline 65.82% to Rs 43.81 crore

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GTN Industries Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase GTN Industries Ltd shares in BlinkX

GTN Industries Ltd's P/E ratio is 0.00 times as of March 12, 2021 at 04:00 PM.

GTN Industries Ltd's most recent financial reports indicate a price-to-book ratio of 0.60, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. GTN Industries Ltd's market is 56 Cr as on March 12, 2021 at 04:00 PM.

The current financial records of GTN Industries Ltd show a 17.62% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to GTN Industries Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in GTN Industries Ltd stands at 74.34%. During the same period, Institutional Investors have shown a slight values are equal in their holdings, values are equal from 0.00% to 0.00%.