Very Positive Results in Jun 21 LOW (0.03%) Domestic Mutual Fund Holdings

Report as on 15 August 2021 at 08:44 AM
VERY POSITIVE
RESULTS IN JUN 21
LOW (0.03%)
DOMESTIC MUTUAL FUND
HOLDINGS
Sales Grauer &

Jun 2021 - 135 Cr
Jun 2020 - 63 Cr
Weil
Operating Profit
Jun 2021 - 29 Cr CMP: 63.75

Jun 2020 - 4 Cr STOCK INFO:
BSE – 505710/ NSE – GRAUWEIL
Market Cap - Small Cap (Rs. 1,486 cr)
Sector – Chemicals
52 w H/L (Rs.) – 76.6/33.5
Dividend Yield: 0%
Debt Equity: -0.45%
Return on Equity: 13.39%
Price to Book: 2.86
Figures in Rs crore; Basis consolidate data as of Jun 2021
www.marketsmojo.com
Grauer & Weil
CMP: 63.75
Report as on 15 August 2021 at 08:44 AM
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ANALYSIS Past Risk Return Analysis

With a growth in Net Profit of 1648.65%, the Absolute Risk Volatility
company declared Very Positive results in Jun 21 Adjusted
-The company has declared positive results for the Grauer & Weil 57.41% 1.17 49.11%
last 3 consecutive quarters SENSEX 44.71% 2.68 16.67%
-NET SALES(Q) At Rs 134.79 cr has Grown at 113.34 %
-PBT LESS OI(Q) At Rs 23.57 cr has Grown at 2872.94
RETURNS SUMMARY (Price + Dividend)
%
The stock gave a total returns of 58.69% in the last 1 year
-PAT(Q) At Rs 19.50 cr has Grown at 1656.8 %
Outperforming Sensex returns of 44.71%
Stock is technically in a Bullish range 100%
-The technical trend has improved from Mildly
50%
Bullish on 12-Aug-21 and has generated -2% returns
since then 0%
-Multiple factors for the stock are Bullish like MACD,
-50%
KST and OBV
-100%
Despite the size of the company, domestic
O 18
Ja 1 9
O 20
Fe 1 8
Fe 2 0
Se -1 9
1
Au 20
Ju 1
Ap 19
Ap 21
D -1 8
M -1 9
D -2 0
Ju 2 1
M 20
Ju 9
M -2 0
Ju 2 0
N -1 9
mutual funds hold only 0.03% of the company
l- 2
2
-1
g-
g-
-
-
n-
n-
b-
b-
r-
n-
-
ov
ec
ec
ct
ct
ar
ay
ay
Au
-Domestic mutual funds have capability to do in-

depth on-the-ground research on companies- their Grauer & Weil (India) Ltd SMLCAP
small stake may signify either they are not

comfortable at the price or the business Investors Returns (3 years) –
Period 6M 1Y 2Y 3Y
Stock (%) 46.06% 58.69% 33.53% 28.45%
Sector (%) 53.53% 53.53% 162.06% 132.17%
Sensex (%) 7.55% 44.71% 50.00% 47.26%
MOJO PROFESSIONAL 1
Grauer & Weil Report as on 15 August 2021 at 08:44 AM
BEFORE PROCEEDING AHEAD

This Real-Time Stock Analysis service is only for
Registered members of www.marketsmojo.com
This Real-Time Stock Analysis Report was

generated on 15th August, 2021 at 08:44 AM, and
may not be valid if you are reading it later.
Some factors/ data may have changed after the

report was generated.
To access the LATEST version of this report.
Click Here
MOJO PROFESSIONAL 2
FINANCIAL TREND
Positive
WITH A GROWTH IN NET PROFIT

results for
OF 1648.65%, THE COMPANY 3

DECLARED VERY POSITIVE consecutive
quarters
RESULTS IN JUN 21
Near term sales trend is very

positive
243.69
113.3%
Net Sales (Rs Cr) 170.83
Sales Growth At Rs 134.79 cr has Grown at 113.34 % 128.13 134.79
Year on Year (YoY)

63.18
Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
Near term PBT trend is very 30.16

34.01
positive
2,872.9% 16.31
23.57
PBT less Other Income (Rs Cr)

PBT Growth At Rs 23.57 cr has Grown at 2872.94 %
Year on Year (YoY)
-0.85
Near term PAT trend is very

1,656.8% positive 29.88
24.31
PAT (Rs Cr) 19.5
PAT Growth At Rs 19.50 cr has Grown at 1656.8 %
13.52
Year on Year (YoY)
1.11
Jun'21 Jun'20 Change%

Net Sales 134.8 63.2 113.3%
Key Operating Profit (PBDIT) excl Other Income 28.5 4.2 579.1%
Result Interest 0.3 0.3 18.5%
Highlights Exceptional Items 0.0 0.0
Consolidated Net Profit 19.5 1.1 1,656.8%
Operating Profit Margin (Excl OI) 21.2 6.7 14.5%
Consolidate- figures in Rs
Cr
MOJO PROFESSIONAL 3
TECHNICALS
STOCK IS TECHNICALLY IN A BULLISH

RANGE
Bullish Daily Moving Averages indicating near term price strength
Current Price 50 Day Moving Average 200 Day Moving Average
63.75 63.37 47.77
Factors with upward momentum

Indicator Technical Trend
MACD Bullish (weekly)
MACD Bullish (monthly)
Bollinger Band Mildly Bullish (weekly)
Bollinger Band Mildly Bullish (monthly)
KST Bullish (weekly)
KST Bullish (monthly)
In the last 1 year Stock has generated 57.41% returns vs a market (BSE 500)
return of 51.47%
3 Months 1 Year 3 Years
46.14%
57.41%
51.47%
24.88%
24.27%
12.14%
Stock BSE 500 Stock BSE 500 Stock BSE 500
MOJO PROFESSIONAL 4
SHAREHOLDING
MUTUAL FUND HOLD ONLY 0.03% OF THE

COMPANY
Domestic mutual funds have capability to do in- 0.0125%
depth on-the-ground research on companies- their 0.01% 0.01% 0.01% 0.01% 0.01%
small stake may signify either they are not 0.01%
comfortable at the price or the business

0.0075%
0.005%
0.0025%
0%
Mutual Funds
0.01%
Shareholding Snapshot : Jun 21
FIIs Majority shareholders : Promoters
0.38%
Pledged Promoter Holdings : None
Non Instit…
30.54%
Mutual Funds : Held in 2.00 Schemes (0.01%)
Promoters Other DIIs
69.06% 0.01% FIIs : Held by 4 FIIs (0.38%)
Promoter with highest holding : Poona Bottling Company Private
Limited (18.917%)
Highest Public shareholder : Integrated Investment Management
Services Llp (1.237%)
Individual Investors Holdings : 23.39%
FII
0.4% 0.38%
holding has increased by 0.15% 0.3%
0.23%
Number of FIIs holding stake in the company has
increased to 4 from 2 0.2%
0.10%
0.1% 0.07% 0.07%
0%
MOJO PROFESSIONAL 5
QUARTERLY VARIANCE
QUARTER RESULTS VARIANCE ANALYSIS

Jun'21 Mar'21 QoQ Jun'20 YoY Comments
Total Operating income 135 244 -44.7% 63 113.3%
Total Expenditure (Excl Depreciation) 106 204 -47.9% 59 80.2%
Operating Profit (PBDIT) excl Other Income 29 40 -28.5% 4 579.1%
Other Income 3 7 -60.9% 3 3.9%
Operating Profit (PBDIT) 31 47 -33.6% 7 348.5%
Interest 0 0 33.3% 0 18.5% High Growth in previous quarter
and same quarter last year
Exceptional Items 0 0 0% 0 0%
Depreciation 5 6 -18.1% 5 -3.1% QoQ and YoY decrease
Profit Before Tax 26 41 -36.1% 2 1%
Tax 7 12 -38.9% 1 732.9%
Provisions and contingencies 0 0 0% 0 0%
Net Profit 19 30 -35.1% 1 1%
Share in Profit of Associates 0 -0 -1% 0 0%
Minority Interest 0 0 0% 0 0%
Other related items 0 0 0% 0 0%
Consolidated Net Profit 20 30 -34.7% 1 1%
Consolidate results triggered in Rs Cr
Margins
Jun'21 Mar'21 Dec'20 Sep'20 Jun'20 Avg. (4 Comments
Qtrs)
OPM 21.2% 16.4% 20.3% 16.7% 6.7% 15.0% Higher than average (4 Qtrs) – Promising
GPM 23.1% 19.3% 21.1% 17.9% 10.7% 17.2% Higher than average (4 Qtrs) – Promising
NPM 14.5% 12.3% 14.2% 10.6% 1.8% 9.7% Higher than average (4 Qtrs) – Promising
MOJO PROFESSIONAL 6
ANNUAL RESULT
NET SALES - YOY GROWTH IN YEAR ENDED

MAR 2021 IS -2.19% VS 3.05% IN MAR 2020
Consolidated Net Profit: YoY Growth in year ended Mar 2021 is -9.26% vs 18.74% in Mar
2020
Operating Profit (PBDIT) excl Other Income: YoY Growth in year ended Mar 2021 is 3.76%
vs -8.06% in Mar 2020
Interest: YoY Growth in year ended Mar 2021 is -17.24% vs 226.25% in Mar 2020 -2.19%
Operating Profit Margin (Excl OI): YoY Growth in year ended Mar 2021 has improved from NET SALES
Mar 2020
Mar'21 Mar'20 Change(%)

Net Sales 605.83 619.40 -2.19%
Key Operating Profit (PBDIT) excl Other Income 100.20 96.57 3.76%
Annual Interest 2.16 2.61 -17.24%
Results Exceptional Items 0.00 8.59 -100.00%
Consolidated Net Profit 68.82 75.84 -9.26%
Operating Profit Margin (Excl OI) 16.54 15.59 0.95%
Figures in Rs Cr | Seasonal companies are compared with the same quarter last year
Net Sales-YoY Growth in year ended Mar 2021 is -2.19% vs Consolidated Net Profit-YoY Growth in year ended Mar 2021
3.05% in Mar 2020 is -9.26% vs 18.74% in Mar 2020
1000 100
75.84
63.78 63.87 68.82
601.08 619.40 605.83
508.07 54.19
475.49
500 50
0 0
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Operating Profit (PBDIT) excl Other Income-YoY Growth in Operating Profit Margin (Excl OI)-YoY Growth in year ended
year ended Mar 2021 is 3.76% vs -8.06% in Mar 2020 Mar 2021 has improved from Mar 2020
200 30
17.81 19.09 17.48

105.04 100.20 20 15.59 16.54
96.99 96.57
100 84.68
10
0 0
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Figures in Rs Crore
MOJO PROFESSIONAL 7
BALANCESHEET AND CASHFLOW
BALANCE SHEET AND CASH FLOW

ANALYSIS
-9.48% Borrowings
Mar'20
19.00
Mar'19
20.99
Change%
-9.48%
Increase
Other Long Term Liabilities 14.91 13.51 10.36%
Fixed Assets 223.95 234.46 -4.48%
Investments 0.33 1.19 -72.27%
in Borrowings in quarter Current Assets 380.44 325.82 16.76%
ended Mar 2020 vs in
Figures in Rs Cr
Mar 2019
Other Long Term Liabilities: YoY Growth in year ended Mar 2020 is 10.36% vs -13.78% in Mar 2019
Fixed Assets: YoY Growth in year ended Mar 2020 is -4.48% vs 13.66% in Mar 2019
Investments: YoY Growth in year ended Mar 2020 is -72.27% vs 27.96% in Mar 2019
Current Assets: YoY Growth in year ended Mar 2020 is 16.76% vs 11.87% in Mar 2019
Cash From Operation - YoY Growth in year ended Mar

170.53% 2020 is 170.53% vs -54.50% in Mar 2019
Mar'20 Mar'19 Change%
GROWTH Cash Flow from Operating Activities 87.95 32.51 170.53%
Figures in Rs Cr
100
87.42 87.95
77.16
71.45
50
32.51
0
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
MOJO PROFESSIONAL 8
PEER COMPARISION
PEER COMPARISON
Grauer & Weil I G Petrochems Chemcon Shivalik Fineotex Chem
Special. Rasayan
Size
Market Cap (Cr.) 1,445 1,901 1,723 1,435 1,205
Annual Sales (TTM) (Cr.) 606 1,369 243 198 251
Annual Net Profit (TTM) (Cr.) 69 237 56 18 44
Growth Factors (TTM)
Net Sales Growth 1 year -2% 43.7% -0.1% 10.1% 42%
Operating Profit Growth 1 year 6.2% 11.2% 14% 25.3% 56.3%
Net Profit Growth 1 year -3.5% 1528.1% 15% 9.8% 64.6%
Net Sales Growth 5 year 7.5% 6.8% -10.4% 8.4% 16.2%
Operating Profit Growth 5 year 6.2% 54.7% 9% 11.6% 11.2%
Net Profit Growth 5 year 10.4% 66.8% 14.5% 24.3% 19%
Capital Structure Factors
EBIT to Interest 37.9 22.1 20.7 18.6 44.6
Debt to EBITDA 0.2 0.4 0 0.8 0.1
Net Debt to Equity -0.3 0.1 -0.3 0.1 -0.2
Sales to Capital Employed 2.2 1.3 1 1 1.2
Management Quality Factors
ROCE (latest) 29% 30.6% 31.9% 14.5% 22%
ROE(latest) 13.4% 22.9% 15.9% 10% 20.3%
Tax Ratio 26.9% 25.3% 25.9% 14% 21.7%
Operating CF to Net Profit 126.6% 97.2% 21.5% 35.2% 21.7%
Dividend Payout Ratio 15% 29.5% - 2.5% 4.3%
Valuation Factors
PE Ratio 21 8 30.6 80.5 27.2
Price to Book 2.8 2.3 4.9 8 5.8
PEG Ratio - 0 - 8.2 0.4
Dividend Yield - 0.3% - 0% 0.3%
EV to EBITDA 12.1 5.3 19.8 38.4 25.4
EV to Capital Employed 4.3 2.2 6.8 7.2 6.6
Shareholding
Promoter Holdings 69.1% 68.7% 74.5% 52.9% 64.8%
Promoter Pledged Holdings - - - - -
Total Institutional Holding 0.4% 5% 1.5% - 6.1%
FII Holdings 0.4% 2.4% 0.2% - 0%
Returns
1 Month -13.3% -10.3% -6.1% 14.7% 16.5%
3 Months 24.9% 33.6% 4.1% 36.2% 31.5%
YTD 49.3% 45.9% -6% 112.8% 63.8%
1 Year 57.4% 226.1% - 107.3% 226.4%
3 Years 24.3% 23.6% - 203.5% 88.8%
MOJO PROFESSIONAL 9
COMPANY BACKGROUND
COMPANY BACKGROUND
About the Company

Grauer & Weil (India) Ltd is engaged in the manufacture of virtually the entire
INDUSTRY : Chemicals range of metal finishing chemicals, as well as all types of equipment and plating
plants made to international specifications and supplied to exacting standards the
world over.The company also offers a wide range of plating plants and
1,486 cr (Small Cap) equipments, from conventional stand-alone units, to fully automatic program
controlled systems; integrated with effluent treatment, waste water recovery and
re-circulation procedures. Be it for general plating, plating of printed circuit boards,
continuous plating lines or pre-treatment/cleaning machines, their roduction
programs can meet all needs for surface treatment. They also manufacture
Lubricants.
Board of Directors
Umeshkumar N More Chairman
Nirajkumar U More Managing Director
Suresh Pareek Independent Director
Rohitkumar R More Whole-time Director
Vinod Haritwal Whole Time Director & CEO
5 more board of directors
Company Coordinates
Company Details: Registrat Details:

Growel House, Akurli Road, Kandivli (E), Mumbai Maharashtra Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S
: 400101 Marg, Bhandup , Mumbai
Tel: 022- 6993000 Fax: 91-022-25946979/91-022-25960329
Fax: 022- 6993010 Email: helpdesk@linkintime.co.in
Email: noel.jacob@growel.com
Website: www.growel.com
MOJO PROFESSIONAL 10
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MOJO PROFESSIONAL 11

Very Positive Results in Jun 21 LOW (0.03%) Domestic Mutual Fund Holdings

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Very Positive Results in Jun 21 LOW (0.03%) Domestic Mutual Fund Holdings

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Report as on 15 August 2021 at 08:44 AM

Figures in Rs crore; Basis consolidate data as of Jun 2021

ANALYSIS Past Risk Return Analysis

-Domestic mutual funds have capability to do in-

small stake may signify either they are not

BEFORE PROCEEDING AHEAD

This Real-Time Stock Analysis Report was

Some factors/ data may have changed after the

To access the LATEST version of this report.

Grauer & Weil Report as on 15 August 2021 at 08:44 AM

WITH A GROWTH IN NET PROFIT

OF 1648.65%, THE COMPANY 3

Near term sales trend is very

Year on Year (YoY)

Near term PBT trend is very 30.16

PBT less Other Income (Rs Cr)

Near term PAT trend is very

Jun'21 Jun'20 Change%

Grauer & Weil Report as on 15 August 2021 at 08:44 AM

STOCK IS TECHNICALLY IN A BULLISH

63.75 63.37 47.77

Factors with upward momentum

Stock BSE 500 Stock BSE 500 Stock BSE 500

Grauer & Weil Report as on 15 August 2021 at 08:44 AM

MUTUAL FUND HOLD ONLY 0.03% OF THE

comfortable at the price or the business

holding has increased by 0.15% 0.3%

Grauer & Weil Report as on 15 August 2021 at 08:44 AM

QUARTER RESULTS VARIANCE ANALYSIS

Consolidate results triggered in Rs Cr

Grauer & Weil Report as on 15 August 2021 at 08:44 AM

NET SALES - YOY GROWTH IN YEAR ENDED

Mar'21 Mar'20 Change(%)

17.81 19.09 17.48

Grauer & Weil Report as on 15 August 2021 at 08:44 AM

BALANCESHEET AND CASHFLOW

BALANCE SHEET AND CASH FLOW

Cash From Operation - YoY Growth in year ended Mar

Grauer & Weil Report as on 15 August 2021 at 08:44 AM

Grauer & Weil Report as on 15 August 2021 at 08:44 AM

About the Company

Nirajkumar U More Managing Director

Suresh Pareek Independent Director

Rohitkumar R More Whole-time Director

Vinod Haritwal Whole Time Director & CEO

5 more board of directors

Company Details: Registrat Details:

Grauer & Weil Report as on 15 August 2021 at 08:44 AM

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