Gujarat Fluorochemicals Ltd Stock Analysis

BSE: 542812 | NSE: FLUOROCHEM | Chemicals | Large Cap

BSE Share Price 09-Dec-2022 14:20
3231.80 -17.90 (-0.55%)

DeciZen - Make an Informed Decision on Gujarat Fluorochemic

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Gujarat Fluorochemic Price Chart

P/E Ratio (CD) :
32.64
Market Cap :
35,698 Cr.
52-wk low :
2,007.3
52-wk high :
4,173
Bole Toh?

1. Is Gujarat Fluorochemicals Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Gujarat Fluorochemicals Ltd is a below average quality company.

2. Is Gujarat Fluorochemicals Ltd undervalued or overvalued?

The key valuation ratios of Gujarat Fluorochemicals Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Gujarat Fluorochemicals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Gujarat Fluorochemicals Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Gujarat Fluorochemic:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Gujarat Fluorochemicals Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'11Mar'12Mar'13Mar'14Mar'16Mar'17Mar'18Mar'20Mar'21Mar'22TTM
ROCE % 0%0%0%0%0%0%0%6%-3.2%14.9%-
Value Creation Index NANANANANANANA-0.6-1.20.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 00000002,6062,6513,9544,877
YoY Gr. Rt. %-NANANANANANANA1.7%49.2%-
Adj EPS 000000022.9-22.468.599.6
YoY Gr. Rt. %-NANANANANANANA-198%NA-
BVPS (₹) 0000000338.2318387.4445.9
Adj Net Profit 0000000251-2467521,093
Cash Flow from Ops. 0000000546616741-
Debt/CF from Ops. 00000003.12.62.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA49.2%
Adj EPS NANANANA
BVPS 00021.8
Share Price - - 83.3% 31.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'11Mar'12Mar'13Mar'14Mar'16Mar'17Mar'18Mar'20Mar'21Mar'22TTM
Return on Equity % 00000006.8-6.819.423.9
Op. Profit Mgn % 00000002022.629.632.7
Net Profit Mgn % 00000009.4-9.418.722.4
Debt to Equity 00000000.50.50.40.1
Working Cap Days 00000000404303195
Cash Conv. Cycle 000000001318954

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 23.90%

Sales growth is good in last 4 quarters at 46.13%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Gujarat Fluorochemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 96.2 99.6
TTM Sales (₹ Cr.) 4,737 4,877
BVPS (₹.) 439.7 445.9
Reserves (₹ Cr.) 4,819 4,887
P/BV 7.39 7.29
PE 33.78 32.64
From the Market
52 Week Low / High (₹) 2007.30 / 4172.95
All Time Low / High (₹) 219.00 / 4172.95
Market Cap (₹ Cr.) 35,698
Equity (₹ Cr.) 11
Face Value (₹) 1
Industry PE 33.9

Management X-Ray of Gujarat Fluorochemic :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.001.893.013.043.23
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Gujarat Fluorochemic

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Gujarat Fluorochemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Gujarat Fluorochemic on 09-Dec-2022 14:20 is : 3,231.8.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Dec-2022 14:20 the market cap of Gujarat Fluorochemic stood at ₹ 35,698.
The latest PE ratio of Gujarat Fluorochemic as of 09-Dec-2022 14:20 is 33.78.
The latest PB ratio of Gujarat Fluorochemic as of 09-Dec-2022 14:20 is 7.39
The 52-week high of Gujarat Fluorochemic is ₹ 4,173 and the 52-week low is ₹ 2,007.3.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Gujarat Fluorochemic is ₹ 4,737 ( Cr.) .

About Gujarat Fluorochemicals Ltd

Gujarat Fluorochemicals Limited, earlier known as Inox Fluorochemicals Limited, is a public limited company incorporated and domiciled in India. The Company was incorporated on December 6, 2018 as a wholly owned subsidiary of GFL Limited (earlier known as Gujarat Fluorochemicals Limited) for the purpose of vesting of the demerged Chemical Business undertaking of GFL Limited into the Company, as a going concern.

As per the Scheme of Arrangement between Gujarat Fluorochemicals Limited, now known as GFL Limited (the demerged company) and Inox Fluorochemicals Limited, now known as Gujarat Fluorochemicals Limited (“the Company” or “the resulting company”) and their respective shareholders under Sections 230 to 232 of the Companies Act, 2013 and all other applicable provisions of the Companies Act, 2013, the Chemical Business Undertaking of the demerged company was demerged into the Company. The Scheme was approved by National Company Law Tribunal, Ahmedabad Bench on 4th July 2019. The said NCLT Order was filed by both the companies with the Registrar of Companies on 16th July, 2019 making the Scheme operative from that date.

Headquartered in Noida, India, Gujarat Fluorochemicals Limited (GFL), is a part of the INOX Group of Companies. The group has diversified business segments comprising Chemicals, Fluorospecialities, Fluoropolymers, Cryogenic engineering, Entertainment, Industrial gases and Renewable energy.

An ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 and SA 8000:2014 certified organisation, GFL is a leading producer of Fluoropolymers, Fluorospecialities, Refrigerants and Chemicals for applications in varied industries. GFL derives its strength from expertise in Fluorine Chemistry, vertical integration from natural minerals to Fluoropolymers and strong R&D, enabling it to provide one of the best quality products meeting all regulatory compliances, to its clientele globally.

The facility has multipurpose plants, a state-of-the-art R&D facility and a Pilot plant for scale-up. Starting with the REFRON brand of refrigerants, it expanded into fluorospeciality chemicals, exporting to over 75 countries.

With three manufacturing facilities in India, a captive Fluorspar mine in Morrocco, offices and warehouses in Europe and USA, and a marketing network spread across the world, GFL is one of the established players in Fluoropolymers and Fluorospecialities markets.

Business area of the company

The Company is engaged in manufacturing and trading of refrigerant gases, caustic soda, chloromethane, polytetrafluoroethylene (PTFE), fluoropolymers, fluoromonomers, specialty fluorointermediates, specialty chemicals and allied activities. The Company caters to both domestic and international markets.

Products

  • Fluoropolymers
  • Fluorospeciality
  • Refrigerants
  • Chemicals

Business verticals

  • Industrial Gases
  • Refrigerants
  • Chemicals
  • Cryogenic Engineering
  • Renewable Energy
  • Entertainment

Milestones

  • 1987: Gujarat Fluorochemicals Limited (GFL), a public limited company, was incorporated in the year 1987 as a Refrigerants manufacturer in India.
  • 1988: In 1988, GFL launched a public issue and established a manufacturing plant to produce Chlorofluorocarbon Refrigerant gases and Hydrofluoric Acid in Panchmahal Gujarat.
  • 1989: GFL commenced its commercial operations in the year 1989 and entered into a technical collaboration with Stauffer Chemicals Pennwalt Corporation and Stearns Catalytic Corporation USA and commissioned a plant near Vadodara.
  • 1999: In the year 1999, GFL diversified into Entertainment business through Inox Leisure Limited - a chain of multiplexes across India.
  • 2006: GFL implemented Clean Development Mechanism Project entailing reduction of Greenhouse Gas emissions by the thermal oxidation of HFC-23, a by-product generated at the Refrigerant gas plant at Ranjitnagar, Gujarat. In lieu of that, the company received Carbon Credits issued by the UNFCCC to be traded in international markets.
  • 2007: GFL established a chemical complex at Dahej, Gujarat. The chemical complex comprised of a captive power plant, caustic soda and chlorine plant, chloromethane plant and a Polytetrafluoroethylene (PTFE) plant.
  • 2009: GFL incorporated a wholly owned subsidiary, Gujarat Fluorochemicals Americas LLC, to conduct business operations across the American subcontinent. Year 2009 also marked GFL’s diversification into Wind energy business through Inox Wind Limited, a leading wind energy solutions provider in India.
  • 2011: Gujarat Fluorochemicals entered into a JV with MeturisSarl, Morocco and Global Mines Sarl, Morocco to undertake Fluorspar Beneficiation Project for supply of Acid Grade Fluorspar and Metallurgical Grade Fluorspar to GFL.
  • 2013: GFL incorporated a wholly owned subsidiary, Gujarat Fluorochemicals GmbH in Hamburg, Germany to conduct trading, processing, distribution, marketing and storage of Fluoropolymersin EMEA region.
  • 2013: With the introduction of PFOA free PTFE resins and dispersions in the year 2013, GFL ranked amongst the world’s major players offering PFOA free Fluoropolymers.
  • 2013-19: With vertically integrated Fluoropolymer manufacturing facility and expertise in Fluorine chemistry, GFL expanded its monomer and polymer capacity to cater to the growing demand for Fluoropolymers and Fluoroelastomers across geographies.
  • 2013-19: GFL launched FKM (Fluoroelastomers) brand Fluonox in 2015. In 2016, subsequent to the success of its PTFE brand INOFLON in global markets, GFL added two more Fluoropolymer products - FEP and PFA under the brand name INOFLON. In 2018, GFL started its Additives brand INOLUB for marketing PTFE Micropowders and Polymer Processing Aids (PPA).
  • 2013-19: GFL introduced PVDF under the brand name INOFLAR.
  • 2019: Pursuant to the order passed by National Company Law Board Tribunal, Ahmedabad Bench on July
    04, 2019, the Chemical Business Undertaking of erstwhile Gujarat Fluorochemicals Limited, now known as GFL Limited, was demerged to form a new company Inox Fluorochemicals Limited, which is now known as Gujarat Fluorochemicals Limited with all assets and liabilities pertaining to the Chemical Business Undertaking transferred to the resultant company on a going concern basis with effect from the appointed date, April 01, 2019.
  • 2020: The company has set up capacity of about 700 tonnes on six New Fluoropolymers which is FKM, PFA, FEP, PVDF, PPA and Micropowders.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now