X

GMM Pfaudler Ltd. Stock Analysis

Mid Cap
Evaluated by 964 users | BSE: 505255 | NSE: GMMPFAUDLR |
Engineering - Industrial Equipments
Incorporated in the year 1962, GMM Pfaudler is the largest manufacturer of glass-lined equipment in India. It is also the Indian subsidiary of US based Pfaudler. They also manufacture Wiped Film Evaporators, Agitated Nutche Filters, Hi efficiency Mixing systems, PTFE lined equipment. Due to...

Analysis of Financial Track Record

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.
GMM Pfaudler Ltd. has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation
Value Creation Index Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 11.93%9.02%7.04%14.39%14.1%13.44%16.59%18.95%19.43%23.37%
Value Creation Index 0.04-0.22-0.390.250.230.170.440.650.691.03
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 195252213279308292353406503591
Y-o-Y Gr. Rt.-29.5%-15.7%31%10.3%-5.1%20.9%14.9%23.9%17.6%
Adjusted EPS (Rs.) 7.856.335.2812.2113.7114.2620.0326.8332.4448.13
Y-o-Y Gr. Rt.--19.4%-16.6%131.3%12.3%4%40.5%34%20.9%48.4%
Book Value per Share (Rs.) 71.5278.2681.6295.08102.93114.15132.62155.83184.01234.64
Adjusted Net Profit 11.59.37.717.92020.929.339.247.470.4
Net Op. Cash Flow (Rs. Cr.) 2831.924.56.430.124.722.567.72726.7
Debt to Cash Flow from Ops 0.16000000000.42
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
GMM Pfaudler Ltd. should be analysed on a Consolidated basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 13.1%14%18.7%17.6%
Adjusted EPS 22.3%28.6%33.9%48.4%
Book Value per Share 14.117.92127.5
Share Price 52.9% 71.3% 82.2% 131.9%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 11.578.466.613.8213.8513.1416.2418.6119.0923
Operating Profit Margin (%) 8.797.177.2911.9311.912.5313.4615.315.3118.98
Net Profit Margin (%) 5.893.673.626.46.517.148.39.679.4311.9
Debt to Equity 0.04000000000.03
Working Capital Days 191148162149149150165197180183
Cash Conversion Cycle 1229610396918778686269
Entity Percentage Holding
Promoters 54.95%
Institutions 14.31%
Non-Institutions 30.75%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of GMM Pfaudler Ltd. and arrived at the following conclusion:

Past 10 year's financial track record indicates that GMM Pfaudler Ltd. is a average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of GMM Pfaudler Ltd.'s performance infers:

GMM Pfaudler Ltd. earnings have grown by 28.6%, whereas share price has appreciated 71.3% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of GMM Pfaudler Ltd. share prices over the last 10 years. Here is what we found out:

GMM Pfaudler Ltd. share price has appreciated 43.1% annually over the past ten years.

Incorporated in the year 1962, GMM Pfaudler is the largest manufacturer of glass-lined equipment in India. It is also the Indian subsidiary of US based Pfaudler. They also manufacture Wiped Film Evaporators, Agitated Nutche Filters, Hi efficiency Mixing systems, PTFE lined equipment.

Due to the expansion of chemical process and pharmaceutical industries world-wide and increased concerns for safety and

Incorporated in the year 1962, GMM Pfaudler is the largest manufacturer of glass-lined equipment in India. It is also the Indian subsidiary of US based Pfaudler. They also manufacture Wiped Film Evaporators, Agitated Nutche Filters, Hi efficiency Mixing systems, PTFE lined equipment.

Due to the expansion of chemical process and pharmaceutical industries world-wide and increased concerns for safety and quality control, Pfaudler began investigating new approaches in glass development that would lead to a glass composition that could be made available to all users of glass-lined equipment.

Together with the chemical process industry and with the co-operation of Pfaudler divisions around the world, Pfaudler established the criteria for a new composition: a non-crystalline structure, increased resistance to acid and alkali corrosion, high resistance to impact, high resistance to thermally induced stresses and a formulation that could be easily produced by all Pfaudler manufacturing plants. 

This resulted in Glasteel 9100, Pfaudler's first ‘international glass’, offering an unmatched combination of corrosion resistance, impact strength, thermal shock resistance, non-adherence and heat transfer efficiency.

GMM Pfaudler customers, regardless of where their processing operations are located, can purchase a single glass system and be assured of getting the same high quality worldwide. With Glasteel 9100, GMM Pfaudler sets a standard the world can depend on.

Products:

The company is a manufacturer and dealer of various types of structural steel works, industrial machinery and glass lined chemical vessels. GMM also manufactures wiped film evaporators, agitated nutche filters, mixing systems and polytetrafluoroethylene (PTFE)-lined equipment.

It has supplied more than 9,000 reactors for different corrosive processes to suit client’s specific needs, glass-lined stainless steel reactors and lab reactors.

GMM manufactures storage tanks in both horizontal and vertical designs. Its’s fluoro polymer division manufactures various PTFE products, such as teflon envelope gaskets, nozzle liners and bushes, and control system pipes internally lined by isostatically molded PTFE liners. Its filters and filter-dryers are utilized in the inorganic and organic chemical, fine chemical and pharmaceutical industries.

Subsidiary:

GMM fully acquired Switzerland’s Mavag AG, a leading supplier of highly engineered critical equipment for the pharmaceutical, bio engineering and fine chemical industries through its wholly owned subsidiary GMM Mavag AG.

Achievements:

GMM Pfaudler is a world-class organization with ISO9001 certified processes and is also accredited by ASME and TUV for U Stamp and ADM – HP 0 respectively.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback