Author: Prashant Marathe
Date Published: May 21, 2025
💼 At a Glance
- Q4 Revenue from Operations: ₹185.95 Cr
- Net Profit (PAT): ₹11.55 Cr
- EPS (Basic): ₹0.43 (not annualized)
- Equity Share Capital: ₹26.81 Cr
- CMP: ₹424.10
- EduFair Value: ₹150–₹190 (max)
👉 Verdict: You’re paying P/E 250+ for a ₹0.43 EPS stock. Why?
🏢 About the Company
GeeCee Ventures Ltd started life as a chemical company, then pivoted into:
- 🏢 Real Estate Projects
- 💸 Financial Investments
- 🔋 Renewable Energy
Basically, they’re in everything — and that’s part of the problem.
They’re not a focused bet. They’re a holding company pretending to be a growth stock.
📊 Q4 FY25 Highlights (Audited)
| Metric | ₹ Cr |
|---|---|
| Revenue from Ops | 185.95 |
| Other Income | 18.21 |
| Total Income | 204.16 |
| Total Expenses | 48.07 |
| Profit Before Tax | 170.01 |
| Net Profit (PAT) | 11.55 |
| EPS (Basic, ₹1 FV) | ₹0.43 |
That PBT of ₹170 Cr is mostly paper profits — Other Income from investment gains, fair value changes, maybe land revaluation.
Actual operational profit = way lower.
🧠 EduInvesting Take
“GeeCee is what happens when a midcap suddenly books big gains and the stock goes 5x before the math even starts.”
Here’s the math:
- ₹11.55 Cr quarterly PAT = ₹46.2 Cr annualized
- Equity Capital = ₹26.81 Cr
- Full-year EPS (optimistic) = ₹1.72
- Assign 15x P/E (generous for real estate/investment cos)
🔍 Fair Value = ₹150–₹190
CMP = ₹424.10
🟥 This stock is trading at 250x quarterly EPS.
This isn’t a growth story. It’s valuation whiplash.
⚠️ Risks & Red Flags
- 💸 Earnings are lumpy, dependent on investment exits
- 🏘️ Real estate biz = slow-moving, cyclical
- 🧾 No consistent dividend payout
- 🔁 Not a “business” stock — more like a fluctuating NAV with a BSE listing
💸 CMP vs Reality
| Metric | Value |
|---|---|
| CMP | ₹424.10 |
| Realistic EPS | ₹1.72 |
| P/E at CMP | ~246x |
| EduFair Value | ₹150–₹190 |
🏁 EduFinal Word
GeeCee Ventures looks big only because Q4 had accounting steroids.
Actual profitability is fine. Valuation is insane.
Edu Verdict:
🚫 Avoid buying now.
👀 Watch for dips below ₹200.
📉 Until then — enjoy watching it from the sidelines, not your portfolio.
