Company Profile

GTN TEXTILES LTD.

NSE : GTNTEXBSE : 532744ISIN CODE : INE302H01017Industry : Textile - SpinningHouse : GTN
BSE9.89-0.11 (-1.1 % )
PREV CLOSE (Rs.) 10.00
OPEN PRICE (Rs.) 10.02
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 2717
TODAY'S LOW / HIGH (Rs.)9.89 10.28
52 WK LOW / HIGH (Rs.)4.75 11.86
NSE9.80 -0.25 (-2.49 % )
PREV CLOSE(Rs.) 10.05
OPEN PRICE (Rs.) 0.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 8545
TODAY'S LOW / HIGH(Rs.) 9.80 10.55
52 WK LOW / HIGH (Rs.)4.75 11.8

Balance Sheet

(Rs in Million)
Particulars Mar 2020 Mar 2019 Mar 2018 Mar 2017 Mar 2016
EQUITY AND LIABILITIES NA NA NA NA NA
Share Capital 116.41 116.41 116.41 116.41 116.41
    Equity - Authorised 120.00 120.00 120.00 120.00 120.00
    Equity - Issued 116.41 116.41 116.41 116.41 116.41
    Equity Paid Up 116.41 116.41 116.41 116.41 116.41
    Equity Shares Forfeited 0.00 0.00 0.00 0.00 0.00
    Adjustments to Equity 0.00 0.00 0.00 0.00 0.00
    Preference Capital Paid Up 0.00 0.00 0.00 0.00 0.00
    Face Value 10.00 10.00 10.00 10.00 10.00
Share Warrants & Outstandings 0.00 0.00 0.00 0.00 0.00
Total Reserves 626.12 731.38 742.19 781.85 -104.72
    Securities Premium 0.00 0.00 0.00 0.00 0.00
    Capital Reserves 0.00 0.00 0.00 0.00 0.00
    Profit & Loss Account Balance -507.10 -422.86 -375.35 -334.10 -313.96
    General Reserves 209.24 209.24 209.24 209.24 209.24
    Other Reserves 923.99 945.01 908.30 906.72 0.00
Reserve excluding Revaluation Reserve -311.12 -223.12 -180.78 -141.12 -104.72
Revaluation reserve 937.25 954.50 922.97 922.97 0.00
Shareholder's Funds 742.53 847.79 858.59 898.26 11.68
Minority Interest 0.00 0.00 0.00 0.00 0.00
Long-Term Borrowings 0.00 0.00 0.00 0.00 0.00
Secured Loans 0.15 0.28 16.69 66.80 141.76
    Non Convertible Debentures 0.00 0.00 0.00 0.00 0.00
    Converible Debentures & Bonds 0.00 0.00 0.00 0.00 0.00
    Packing Credit - Bank 0.00 0.00 0.00 0.00 0.00
    Inter Corporate & Security Deposit 0.00 0.00 0.00 0.00 0.00
    Term Loans - Banks 0.00 0.00 16.25 61.26 128.84
    Term Loans - Institutions 0.00 0.00 0.00 5.25 12.25
    Other Secured 0.15 0.28 0.44 0.29 0.68
Unsecured Loans 41.70 38.00 34.50 30.00 0.00
    Fixed Deposits - Public 0.00 0.00 0.00 0.00 0.00
    Loans and advances from subsidiaries 0.00 0.00 0.00 0.00 0.00
    Inter Corporate Deposits (Unsecured) 0.00 0.00 0.00 0.00 0.00
    Foreign Currency Convertible Notes 0.00 0.00 0.00 0.00 0.00
    Long Term Loan in Foreign Currency 0.00 0.00 0.00 0.00 0.00
    Loans - Banks 0.00 0.00 0.00 0.00 0.00
    Loans - Govt. 0.00 0.00 0.00 0.00 0.00
    Loans - Others 41.70 38.00 34.50 30.00 0.00
    Other Unsecured Loan 0.00 0.00 0.00 0.00 0.00
Deferred Tax Assets / Liabilities -76.88 -47.84 -36.70 -33.02 -2.53
    Deferred Tax Assets 131.69 107.67 111.79 114.92 93.93
    Deferred Tax Liability 54.82 59.84 75.09 81.91 91.39
Other Long Term Liabilities 32.69 26.35 27.88 29.49 0.00
Long Term Trade Payables 0.00 0.00 0.00 0.00 0.00
Long Term Provisions 0.00 0.00 0.00 20.47 20.47
Total Non-Current Liabilities -2.34 16.79 42.37 113.73 159.70
Current Liabilities NA NA NA NA NA
Trade Payables 319.68 481.56 527.07 458.33 467.03
    Sundry Creditors 319.68 481.56 527.07 458.33 467.03
    Acceptances 0.00 0.00 0.00 0.00 0.00
    Due to Subsidiaries- Trade Payables 0.00 0.00 0.00 0.00 0.00
Other Current Liabilities 36.84 48.88 25.08 17.96 111.75
    Bank Overdraft / Short term credit 0.00 0.00 0.00 0.00 0.00
    Advances received from customers 0.00 0.00 0.00 0.00 0.00
    Interest Accrued But Not Due 15.77 9.79 8.77 11.66 7.29
    Share Application Money 0.00 0.00 0.00 0.00 0.00
    Current maturity of Debentures & Bonds 0.00 0.00 0.00 0.00 0.00
    Current maturity - Others 0.00 0.00 0.00 0.00 0.54
    Other Liabilities 21.08 39.09 16.32 6.30 103.92
Short Term Borrowings 600.77 518.99 546.65 465.74 419.28
    Secured ST Loans repayable on Demands 368.52 373.74 418.85 335.74 319.28
    Working Capital Loans- Sec 368.39 357.35 355.90 239.47 319.28
    Buyers Credits - Unsec 0.00 0.00 0.00 0.00 0.00
    Commercial Borrowings- Unsec 162.25 145.25 127.80 130.00 100.00
    Other Unsecured Loans -298.39 -357.35 -355.90 -239.47 -319.28
Short Term Provisions 12.61 11.35 12.19 11.43 12.67
    Proposed Equity Dividend 0.00 0.00 0.00 0.00 0.00
    Provision for Corporate Dividend Tax 0.00 0.00 0.00 0.00 0.00
    Provision for Tax 0.00 0.00 0.00 0.00 0.00
    Provision for post retirement benefits 12.61 11.35 12.19 11.43 12.67
    Preference Dividend 0.00 0.00 0.00 0.00 0.00
    Other Provisions 0.00 0.00 0.00 0.00 0.00
Total Current Liabilities 969.91 1060.79 1111.00 953.46 1010.73
Total Liabilities 1710.11 1925.36 2011.96 1965.45 1182.11
ASSETS NA NA NA NA NA
Gross Block 2112.57 2110.01 2136.15 2211.93 1308.42
Less: Accumulated Depreciation 896.31 864.60 843.04 865.34 842.30
Less: Impairment of Assets 0.00 0.00 0.00 0.00 0.00
Net Block 1216.26 1245.41 1293.12 1346.59 466.12
Lease Adjustment A/c 0.00 0.00 0.00 0.00 0.00
Capital Work in Progress 0.00 2.81 0.00 0.00 0.00
Non Current Investments 0.04 13.69 31.49 51.58 8.72
Long Term Investment 0.04 13.69 31.49 51.58 8.72
    Quoted 0.00 13.65 31.45 51.54 8.68
    Unquoted 0.04 0.04 0.04 0.04 0.04
Long Term Loans & Advances 4.43 8.11 7.77 25.17 34.63
Other Non Current Assets 0.00 0.00 0.00 0.00 0.00
Total Non-Current Assets 1220.74 1270.02 1332.38 1423.35 509.47
Current Assets Loans & Advances NA NA NA NA NA
Currents Investments 0.00 0.00 0.00 0.00 0.00
    Quoted 0.00 0.00 0.00 0.00 0.00
    Unquoted 0.00 0.00 0.00 0.00 0.00
Inventories 266.88 429.69 477.69 320.89 385.56
    Raw Materials 90.75 141.10 236.83 99.39 146.65
    Work-in Progress 46.76 48.62 47.20 53.59 58.33
    Finished Goods 100.99 197.05 188.74 163.83 175.37
    Packing Materials 0.00 0.00 0.00 0.00 0.00
    Stores  and Spare 3.84 2.60 3.67 3.92 4.82
    Other Inventory 24.54 40.31 1.26 0.17 0.41
Sundry Debtors 109.64 141.36 122.06 137.15 166.67
    Debtors more than Six months 0.00 0.00 0.00 0.00 0.00
    Debtors Others 110.97 142.69 123.68 137.44 166.67
Cash and Bank 67.21 25.72 30.07 35.06 32.24
    Cash in hand 0.15 0.19 0.37 0.24 0.25
    Balances at Bank 67.06 25.53 29.70 34.82 32.00
    Other cash and bank balances 0.00 0.00 0.00 0.00 0.00
Other Current Assets 6.14 6.53 8.81 16.33 18.05
    Interest accrued on Investments 0.00 0.00 0.00 0.00 0.33
    Interest accrued on Debentures 0.00 0.00 0.00 0.00 0.00
    Deposits with Government 0.00 0.00 0.00 0.00 0.00
    Interest accrued and or due on loans 0.00 0.00 0.00 0.00 0.00
    Prepaid Expenses 3.64 3.74 4.70 5.54 3.77
    Other current_assets 2.51 2.79 4.10 10.79 13.96
Short Term Loans and Advances 39.49 52.04 40.97 32.68 70.11
    Advances recoverable in cash or in kind 8.83 7.59 14.07 16.05 52.96
    Advance income tax and TDS 0.00 0.00 0.00 0.00 0.00
    Amounts due from directors 0.00 0.00 0.00 0.00 0.00
    Due From Subsidiaries 0.00 0.00 0.00 0.00 0.00
    Inter corporate deposits 0.00 0.00 0.00 0.00 0.00
    Corporate Deposits 0.00 0.00 0.00 0.00 0.00
    Other Loans & Advances 30.67 44.45 26.90 16.63 17.15
Total Current Assets 489.37 655.34 679.59 542.11 672.64
Net Current Assets (Including Current Investments) -480.54 -405.45 -431.41 -411.35 -338.10
Miscellaneous Expenses not written off 0.00 0.00 0.00 0.00 0.00
Total Assets 1710.11 1925.36 2011.96 1965.45 1182.11
Contingent Liabilities 30.00 30.00 30.00 30.00 30.00
Total Debt 642.62 557.27 597.84 562.54 659.98
Book Value -16.73 -9.17 -5.53 -2.12 1.00
Adjusted Book Value -16.73 -9.17 -5.53 -2.12 1.00