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GMMCO LTD

www.gmmco.in
Active
Updated: 23 Oct 2024

The company engage in sells, markets, services, and assembles construction and mining equipment, engines, DG sets, and automotives and spare parts in India.

Gmmco Ltd, is an unlisted public company incorporated on 30 December, 1966. It is classified as a public limited company and is located in Kolkata, West Bengal. It's authorized share capital is INR 12.50 cr and the total paid-up capital is INR 4.87 cr.

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Industry

Manufacture of motor vehicles, trailers and others
Products
  • Engines, Machines, Impact crushers, Cranes, Heavy duty grids, Including machine control systems, Trommels, Carriers, Diesel generating sets, Wheel loaders, Asset, Material processing equipment, Site positioning systems, Cone crushers, Fleet management solutions., Horizontal screens, Construction technology solutions
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
-1.7%
₹ 3,645.5
EBITDA
6.61%
₹ 289.9
Net Profit
16.1%
₹ 191.4
Networth
12.48%
₹ 1,370.0
Borrowings
-30.24%
₹ 119.2
Assets
7.93%
₹ 2,444.4
Gross Margin
1.91
23.7 %
Operating Margin
0.62
8.0 %
Net Profit Margin
0.76
5.2 %
Return on Equity
0.44
14.0 %
ROCE
1.15
19.3 %
Debt to Equity
-0.05
0.1
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (124)
State Type Address

location icon Locations on Map

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Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • ROCE DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 2,440.2 2,854.0 3,242.4 3,708.5 3,645.5
Operating profit 163.3 233.2 267.2 272.0 289.9
Net profit 82.3 137.6 182.2 164.8 191.4
Gross margin 25.4 23.2 23.1 21.8 23.7
Operating margin 6.7 8.2 8.2 7.3 8.0
Net margin 3.3 4.8 5.5 4.4 5.2
Networth 832.8 950.7 1,092.0 1,218.0 1,370.0
Borrowings 343.8 207.5 217.9 170.8 119.2
Assets 1,791.1 1,959.6 2,255.6 2,264.7 2,444.4
Debt to equity 0.4 0.2 0.2 0.1 0.1
Current ratio 1.4 1.6 1.6 1.8 1.7
ROE 9.9 14.5 16.7 13.5 14.0
Days payable 61.0 72.0 65.0 51.0 56.0
WC days 62.0 72.0 78.0 76.0 72.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 4.9 4.9 4.9 4.9 4.9
Reserves 827.9 945.8 1,087.1 1,213.1 1,365.2
Borrowings + 343.8 207.5 217.9 170.8 119.2
Long term borrowings 15.0 - 20.8 4.2 -
Short term borrowings 328.8 207.5 197.0 166.7 119.2
Trade payables + 304.2 433.9 446.2 401.5 427.1
Days payable 61.0 72.0 65.0 51.0 56.0
Other liabilities + 614.4 801.4 945.7 875.9 955.2
Other non-current liabilities 33.8 44.5 50.7 78.4 105.7
Other current liabilities 276.4 323.1 448.9 396.0 422.5
Total liabilities 1,791.1 1,959.6 2,255.6 2,264.7 2,444.4
Fixed Assets + 381.8 348.2 380.8 428.7 476.6
Tangible assets 237.9 198.5 262.1 310.3 367.8
CWIP 5.4 21.6 3.8 16.9 20.9
Intangible assets 138.5 128.1 114.9 101.5 88.0
LT loans and advances - - - - -
Other non-current assets 87.2 82.6 90.4 104.2 282.0
Current assets + 1,322.0 1,528.8 1,784.4 1,731.9 1,685.8
Inventories 654.1 616.8 820.8 896.1 804.5
Trade receivables 491.7 622.1 562.8 582.5 578.0
Cash and cash equivalents 50.2 39.0 67.9 17.8 90.1
ST loans and advances 18.0 59.8 40.2 26.1 39.1
Other current assets 108.1 191.1 292.7 209.5 174.1
Total assets 1,791.1 1,959.6 2,255.6 2,264.7 2,444.4
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 2,440.2 2,854.0 3,242.4 3,708.5 3,645.5
Sales growth % -13.43 16.96 13.61 14.38 -1.7
Expenses + 2,354.3 2,678.6 3,034.8 3,513.1 3,446.4
Cost of goods 1,821.6 2,190.8 2,492.2 2,900.2 2,781.3
Employee cost 239.8 234.8 267.2 285.9 284.5
Other costs 215.4 195.3 215.9 250.4 289.8
Operating profit + 163.3 233.2 267.2 272.0 289.9
Operating margin % 6.7 8.2 8.2 7.3 8.0
Other income 19.2 35.0 39.3 29.6 40.4
Interest 34.4 17.7 13.9 22.2 31.7
Depreciation 43.0 40.1 45.7 54.3 59.1
Exceptional items - - - - -
Profit before tax 105.0 210.4 246.9 225.0 239.6
Tax 22.8 72.8 64.7 60.2 62.0
Profit - disc. ops - - - - 13.8
Net profit 82.3 137.6 182.2 164.8 191.4
Net margin % 3.3 4.8 5.5 4.4 5.2
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.4 0.2 0.2 0.1 0.1
Net Debt/Equity 0.3 0.2 0.1 0.1 0.0
Total Debt/Assets 0.2 0.1 0.1 0.1 0.1
Total Assets/Equity 2.1 2.1 2.1 1.9 1.8
Liquidity +
Current Ratio 1.4 1.6 1.6 1.8 1.7
Quick Ratio 0.7 0.9 0.9 0.9 0.9
Interest Coverage 4.8 13.2 19.2 12.2 9.1
Performance
Gross Margin 25.4 23.2 23.1 21.8 23.7
Operating Margin 6.7 8.2 8.2 7.3 8.0
Net Margin 3.3 4.8 5.5 4.4 5.2
Return +
Return on Equity 9.9 14.5 16.7 13.5 14.0
Pre-tax ROCE 15.1 21.2 20.6 18.2 19.3
Return on Assets 4.6 7.0 8.1 7.3 7.8
Pre-tax ROIC 10.7 17.2 17.8 15.9 16.5
Efficiency +
Days Payable 61.0 72.0 65.0 51.0 56.0
Days Inventory 131.0 103.0 120.0 113.0 106.0
Days Receivable 74.0 80.0 63.0 57.0 58.0
Fixed Asset Turnover 6.4 8.2 8.5 8.7 7.7
Total Asset Turnover 1.4 1.5 1.4 1.6 1.5
Working Capital
Cash Conversion Cycle 144.0 111.0 118.0 119.0 108.0
Working Capital Days 62.0 72.0 78.0 76.0 72.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

State Bank of India

No. of Loans: 1

Total Amount : 750.0 cr

2

HDFC Bank Limited

No. of Loans: 1

Total Amount : 325.0 cr

3

Axis Bank Limited

No. of Loans: 1

Total Amount : 200.0 cr

4

ICICI Bank Limited

No. of Loans: 1

Total Amount : 200.0 cr

5

CitiBank N.A.

No. of Loans: 1

Total Amount : 135.0 cr

6

The Federal Bank Limited

No. of Loans: 1

Total Amount : 100.0 cr

7

Kotak Mahindra Bank

No. of Loans: 1

Total Amount : 85.0 cr

8

IDBI Bank Limited

No. of Loans: 1

Total Amount : 50.0 cr

9

Punjab National Bank

No. of Loans: 1

Total Amount : 45.0 cr

10

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 1

Total Amount : 40.0 cr

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Charges

State Bank of India
HDFC Bank Limited
Axis Bank Limited
ICICI Bank Limited
Others

People

Designation Name DIN/PAN Tenure
Director Manohar Lal Pachisia 00065431 28 years
Director Yogesh Goenka 01779588 9 years
Director Abhilasha Mimani 06932590 4 years
Managing Director Chandrashekar Venkataramani 08379740 6 years
Director Rusha Mitra 08402204 6 years
CFO Ganesan Manikandan <HIDDEN> 4 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
SOORYA VANIJYA & INVESTMENT LTD.
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BIRLASOFT ENTERPRISES LTD
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ORIENT ELECTRICALS LIMITED
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BIRLASOFT (INDIA) LIMITED
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31.4 Cr 1 Maharashtra
BIRLA BUILDINGS LIMITED
Active
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NATIONAL BEARING COMPANY (JAIPUR) LIMITED
Active
15.9 Cr 1 West Bengal
GWALIOR FINANCE CORPORATION LIMITED
Active
5.0 L 1 West Bengal
NATIONAL ENGINEERING INDUSTRIES LIMITED
Active
80.0 L 1 West Bengal
PILANI PROPERTIES LTD
Active
6.0 L 1 West Bengal
BASANT PROPERTIES LTD.
Active
6.0 L 1 West Bengal
RANCHI ENTERPRISES AND PROPERTIES LTD.
Active
6.0 L 1 West Bengal
HM EXPORT LTD
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4.6 Cr 1 West Bengal
FORUM I AVIATION PRIVATE LIMITED
Active
37.4 Cr 1 Delhi
CK BIRLA CORPORATE SERVICES LIMITED
Active
25.0 L 1 Delhi
GMMCO TECHNOLOGY SERVICES LIMITED
Active
6.5 Cr 2 West Bengal
CENTRAL INDIA INDUSTRIES LTD.
Active
21.0 L 1 West Bengal
AMER INVESTMENTS (DELHI) LIMITED
Active
13.7 L 1 West Bengal
MCODE CONSULTING LLP
Active
1.0 L 1 Pradesh
HBT ENGINEERING PRIVATE LIMITED
Active
10.0 Cr 1 Tamil Nadu
INNOVATIVE INFRA & MINING SOLUTIONS LIMITED
Active
30.0 Cr 1 West Bengal
NAGA DHUNSERI GROUP LTD.
Active
1.0 Cr 1 West Bengal
PCBL (TN) LIMITED
Active
970.0 Cr 1 West Bengal
QUEST CAPITAL MARKETS LIMITED
Active
10.0 Cr 1 West Bengal
RAINBOW INVESTMENTS LIMITED
Active
65.8 L 1 West Bengal
TEXMACO RAIL & ENGINEERING LIMITED
Active
39.9 Cr 1 West Bengal
HARRISONS MALAYALAM LTD
Active
18.5 Cr 1 Kerala
GKW LTD
Active
6.0 Cr 1 West Bengal
LUX INDUSTRIES LIMITED
Active
6.0 Cr 1 West Bengal
PCBL LIMITED
Active
37.7 Cr 1 West Bengal

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
GMMCO Singapore Pte. Ltd Singapore - -
GLOBAL BRIGHT DEVELOPMENT LTD Hong Kong - -
GMMCO TECHNOLOGY SERVICES LIMITED West Bengal 2022 ₹ 6.5 Cr

Registered Details

CIN

U35202WB1966PLC026980

PAN

AABCG0949C

Incorporation

1966, 58.3 years

Company Email

manikandan.g@gmmcoindia.com

Paid up Capital

₹ 4.9 Cr

Authorised Capital

₹ 12.5 Cr

AGM

Jul 2024

Type

Public
Non-government Company

FAQ - GMMCO LTD

What is the incorporation date of GMMCO LTD?

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The incorporation date of GMMCO LTD is 30 December, 1966

What is the authorized share capital of GMMCO LTD?

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The authorized share capital of GMMCO LTD is INR ₹ 12.5 Cr.

What is the paid-up capital of GMMCO LTD?

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The paid-up capital of GMMCO LTD is INR ₹ 4.9 Cr.

What is the registered address of GMMCO LTD?

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The registered address of GMMCO LTD is 9/1 R N MUKHERJEE ROAD KOLKATA West Bengal - 700001

What is the CIN number of GMMCO LTD?

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The CIN number of GMMCO LTD is U35202WB1966PLC026980.

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