SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CARE revises ratings of Gujarat Foils’ bank facilities

11 Mar 2015 Evaluate

Credit rating agency, Credit Analysis & Research (CARE) has revised rating of Gujarat Foils’ long term bank facilities worth Rs 133.93 crore to ‘BBB‘ from ‘BBB-’. The rating agency has also revised rating of company’s short term bank facilities worth Rs 50 crore to ‘A3+’ from ‘A3’.

The revision in the ratings assigned to the bank facilities of Gujarat Foils (GFL) factor in the improved financial performance exhibited during FY14 (refers to the period April 1 to March 31) and 9MFY15, infusion of funds by the promoters as Preference Capital, increase in the revenues from the pharmaceutical segment and successful commissioning of the consumer foil and modernisation/ technological upgradation of the existing pharmaceutical segment.

Gujarat Foils manufactures aluminum sheets and foils for industrial applications like bottle caps used in brewery and pharmaceutical sectors, heat exchanger fins of AC units, Eyelets used in footwear and garment sector, end caps of Tube lights used in electrical sector. Besides, GFL has presence in consumer products business with its embossed consumer house foil ‘nutriwrap’.

Guj. Foils Share Price

1.32 0.00 (0.00%)
03-Dec-2019 18:01 View Price Chart
Peers
Company Name CMP
National Aluminium 422.85
Maan Aluminium 141.05
Arfin India 97.56
Manaksia Aluminium 31.09
PG Foils 217.70
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×