Financials Gravity (India) Limited

Equities

GRAVITY6

INE995A01013

Market Closed - Bombay S.E. 06:00:53 2024-04-26 am EDT 5-day change 1st Jan Change
4.11 INR -3.75% Intraday chart for Gravity (India) Limited -3.75% -30.10%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 27.01 15.48 10.71 18.72 51.13 33.94
Enterprise Value (EV) 1 37.68 18.89 19.02 28.55 59.16 55.88
P/E ratio -3.94 x 1.52 x 3.34 x -6.53 x 62.1 x -3.4 x
Yield - - - - - -
Capitalization / Revenue 0.13 x 0.13 x 0.06 x 0.79 x 0.4 x 0.33 x
EV / Revenue 0.18 x 0.16 x 0.11 x 1.21 x 0.46 x 0.55 x
EV / EBITDA 18.1 x -2.28 x -60.3 x -13.6 x 18.8 x -7.97 x
EV / FCF 32.5 x -0.64 x -3.96 x -65.4 x 43.4 x -7.42 x
FCF Yield 3.08% -155% -25.2% -1.53% 2.31% -13.5%
Price to Book 0.27 x 0.14 x 0.09 x 0.17 x 0.46 x 0.33 x
Nbr of stocks (in thousands) 9,002 9,002 9,002 9,002 9,002 9,002
Reference price 2 3.000 1.720 1.190 2.080 5.680 3.770
Announcement Date 11/27/18 9/6/19 9/8/20 9/4/21 8/4/22 9/5/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 213.9 119.8 169.1 23.6 127.6 102.4
EBITDA 1 2.081 -8.271 -0.3153 -2.106 3.144 -7.013
EBIT 1 0.5782 -9.779 -1.829 -3.624 1.119 -9.076
Operating Margin 0.27% -8.16% -1.08% -15.35% 0.88% -8.87%
Earnings before Tax (EBT) 1 0.3372 17.19 -1.906 -3.79 1.132 -9.639
Net income 1 -6.853 10.2 3.206 -2.868 0.8239 -9.951
Net margin -3.2% 8.52% 1.9% -12.15% 0.65% -9.72%
EPS 2 -0.7613 1.133 0.3561 -0.3186 0.0915 -1.110
Free Cash Flow 1 1.16 -29.35 -4.797 -0.4364 1.365 -7.532
FCF margin 0.54% -24.5% -2.84% -1.85% 1.07% -7.36%
FCF Conversion (EBITDA) 55.75% - - - 43.41% -
FCF Conversion (Net income) - - - - 165.63% -
Dividend per Share - - - - - -
Announcement Date 11/27/18 9/6/19 9/8/20 9/4/21 8/4/22 9/5/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 10.7 3.4 8.3 9.83 8.03 21.9
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.13 x -0.4115 x -26.33 x -4.668 x 2.555 x -3.129 x
Free Cash Flow 1 1.16 -29.3 -4.8 -0.44 1.36 -7.53
ROE (net income / shareholders' equity) -6.57% 9.62% 2.84% -2.54% 0.74% -9.27%
ROA (Net income/ Total Assets) 0.2% -3.17% -0.59% -1.21% 0.45% -3.55%
Assets 1 -3,398 -322.1 -547.1 237.9 181.4 280.3
Book Value Per Share 2 11.20 12.30 12.70 12.40 12.50 11.40
Cash Flow per Share 2 0.5400 2.020 1.900 0.6400 0.8300 0.5000
Capex 1 5.12 17.2 4.71 - 0.01 3.66
Capex / Sales 2.39% 14.37% 2.79% - 0.01% 3.58%
Announcement Date 11/27/18 9/6/19 9/8/20 9/4/21 8/4/22 9/5/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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