Loading…
* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 21,236 · FY2023 11,851 · FY2024 12,045 — 3-yr total 45,132
GRC LLC is a major Georgian importer, manufacturer and wholesaler of construction and building materials, operating since 2003. Exclusive Georgian distributor of BASF, Firestone, Ursa, Technonicol, SSAB and VELUX, serving contractors and retail nationwide.
| Ratio | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross Margin | 20.3% | 13.9% | 14.6% | 16.2% | 22.4% | 12.2% | 16.9% | 15.6% |
| EBITDA Margin | 17.9% | 8.1% | 8.5% | 12.8% | 18.9% | 6.5% | 9.3% | 7.9% |
| EBITDAR | 14,375 | 10,570 | 14,177 | 20,818 | 54,876 | 17,275 | 24,163 | 25,830 |
| EBITDAR Margin | 17.9% | 8.1% | 8.5% | 12.8% | 18.9% | 6.5% | 9.3% | 7.9% |
| EBIT Margin | 17.4% | 7.7% | 7.6% | 12.6% | 18.5% | 6.2% | 8.6% | 7.3% |
| Net Profit Margin | 13.8% | 6.3% | 6.4% | 11.6% | 17.3% | 4.4% | 7.3% | 6.7% |
| Operating Expense % of Sales | 2.3% | 5.8% | 6.1% | 5.2% | 3.9% | 5.9% | 7.6% | 7.7% |
| Returns | ||||||||
| Return on Assets (ROA) | 23.1% | 11.1% | 13.4% | 21.2% | 42.6% | 11.2% | 17.9% | 17.7% |
| Return on Equity (ROE) | 26.6% | 16.9% | 18.9% | 25.8% | 48.5% | 12.5% | 18.8% | 19.7% |
| ROIC [EBIT / Invested Capital] | 31.6% | 16.9% | 19.7% | 33.1% | 52.6% | 21.4% | 27.4% | 27.2% |
| Leverage & debt balances | ||||||||
| Debt-to-Assets | 5.9% | 23.6% | 24.9% | 10.3% | 7.3% | 5.5% | 1.1% | 4.2% |
| Debt-to-Equity | 0.07x | 0.36x | 0.35x | 0.13x | 0.08x | 0.06x | 0.01x | 0.05x |
| Debt-to-EBITDA | 0.20x | 1.65x | 1.41x | 0.44x | 0.16x | 0.34x | 0.05x | 0.20x |
| Equity-to-Assets | 86.9% | 65.7% | 71.2% | 82.3% | 87.9% | 89.4% | 95.4% | 89.5% |
| Net Debt | 2,571 | 11,215 | 7,245 | -11,335 | -1,821 | -16,203 | -18,946 | -22,862 |
| Cash & Equivalents | 245 | 6,193 | 12,704 | 20,541 | 10,469 | 21,991 | 20,078 | 28,039 |
| Total Debt | 2,816 | 17,408 | 19,949 | 9,206 | 8,648 | 5,788 | 1,132 | 5,177 |
| Liquidity & working capital | ||||||||
| Current Ratio | 4.49x | 2.20x | 3.15x | 4.35x | 6.60x | 6.26x | 17.65x | 7.08x |
| Quick Ratio | 1.66x | 1.17x | 1.09x | 2.59x | 2.38x | 2.77x | 9.62x | 3.70x |
| Cash Ratio | 0.04x | 0.25x | 0.80x | 1.50x | 0.81x | 1.97x | 5.00x | 2.25x |
| Total Current Assets | 28,127 | 55,515 | 50,179 | 59,551 | 85,692 | 69,925 | 70,813 | 88,200 |
| Total Current Liabilities | 6,262 | 25,266 | 15,953 | 13,699 | 12,978 | 11,175 | 4,013 | 12,452 |
| Inventory | 17,738 | 25,977 | 32,717 | 24,081 | 54,791 | 38,944 | 32,212 | 42,069 |
| Trade Receivables | 1,404 | 2,518 | 4,758 | 3,515 | 20,432 | 7,534 | 16,869 | 16,558 |
| Trade Payables | 2,959 | 7,437 | 3,141 | 6,467 | 4,616 | 5,387 | 3,715 | 7,862 |
| Net Working Capital | 21,865 | 30,249 | 34,226 | 45,852 | 72,714 | 58,750 | 66,800 | 75,748 |
| Net Working Capital % of Revenue | 27.3% | 23.1% | 20.4% | 28.1% | 25.1% | 22.1% | 25.6% | 23.1% |
| Trade Working Capital | 16,183 | 21,058 | 34,334 | 21,129 | 70,607 | 41,091 | 45,366 | 50,765 |
| Trade Working Capital % of Revenue | 20.2% | 16.1% | 20.5% | 12.9% | 24.4% | 15.4% | 17.4% | 15.5% |
| Change in Trade Working Capital | N/A | 4,875 | 13,276 | -13,205 | 49,478 | -29,516 | 4,275 | 5,399 |
| Turnover & efficiency | ||||||||
| Inventory Turnover | 3.61x | 4.34x | 4.38x | 5.68x | 4.10x | 6.00x | 6.74x | 6.58x |
| Days Inventory Outstanding (DIO) | 101.2 | 84.1 | 83.4 | 64.3 | 89.0 | 60.8 | 54.1 | 55.4 |
| Receivables Turnover | 57.15x | 51.97x | 35.22x | 46.44x | 14.18x | 35.35x | 15.48x | 19.82x |
| Days Sales Outstanding (DSO) | 6.4 | 7.0 | 10.4 | 7.9 | 25.7 | 10.3 | 23.6 | 18.4 |
| Payables Turnover | 21.62x | 15.16x | 45.58x | 21.15x | 48.70x | 43.39x | 58.45x | 35.23x |
| Days Payable Outstanding (DPO) | 16.9 | 24.1 | 8.0 | 17.3 | 7.5 | 8.4 | 6.2 | 10.4 |
| Cash Conversion Cycle | 90.7 days | 67.1 days | 85.8 days | 54.9 days | 107.2 days | 62.7 days | 71.5 days | 63.5 days |
| Asset Turnover | 1.67x | 1.78x | 2.09x | 1.83x | 2.46x | 2.53x | 2.46x | 2.64x |
| Cash flow & dividends | ||||||||
| Operating Cash Flow | 811 | -394 | 8,536 | 23,983 | 15,432 | 42,142 | 19,218 | 18,941 |
| Free Cash Flow (OCF − Capex proxy) | 811 | -4,954 | -4,399 | 21,556 | 10,703 | 37,042 | 16,696 | 16,132 |
| Cash Conversion (OCF / EBITDA) | 5.6% | -3.7% | 60.2% | 115.2% | 28.1% | 243.9% | 79.5% | 73.3% |
| Dividends Declared | 105 | 1,447 | 1,648 | 2,400 | 20,186 | 21,236 | 11,851 | 12,045 |
| Dividend Payout Ratio | 0.9% | 17.7% | 15.3% | 12.7% | 40.2% | 180.5% | 62.2% | 54.9% |
Money rows — EBITDAR, net debt, cash, total debt, operating and free cash flow, dividends declared — are in GEL, thousands. Margins, returns and payout are percentages; turnover and leverage are multiples; DIO/DSO/DPO are days. Hover a metric name for its definition.
Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.
Ownership & directors from companyinfo.ge (public corporate registry).
Ranked by how close each latest revenue is to this one — not a curated comp set. Open this set in Compare →