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Gulshan Sugars & Chemicals Ltd (524184)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524184 NSE: Chemicals | Small Cap | Gulshan Sugars Share Price

BSE Share Price
Not Listed

Gulshan Sugars & Chemicals Ltd (524184)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524184 NSE: Chemicals | Small Cap | Gulshan Sugars Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹22 Cr.
Current Price
₹0
52-Week Low / High
₹16 / 18
TTM EPS
₹5.8
TTM Sales
₹62.7 Cr.
Book Value per Share
₹37.9
P/E Ratio
3.00
Industry PE
52.9
Price to Book (P/B)
0.46
Price to Sales (P/S)
0.36
EV/EBITDA
3.31
Dividend Yield
INF%
Profitability Efficiency
Return on Equity (ROE)
17.06%
Return on Capital Employed (ROCE)
14.46%
Return on Assets (ROA)
9.23%
Operating Profit Margin
17.1%
Net Profit Margin
12.35%
Gross Profit Margin
15.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
24.08%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
36.29%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
46.5%
Asset Quality
Promoter Holding
38.19%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹41 Cr.
Equity
₹10.3 Cr.
Face Value
₹8
All Time Low / High
₹5.30 / 103.40

Gulshan Sugars & Chemicals stock performance

Key Ratios
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10 Year X-Ray :

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.

Value Creation

Mar'99Mar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08TTM
ROCE % 13.7%12.5%9.1%10.3%9.5%10.8%11%12.5%14.8%14.5%-

Growth Parameters

Sales 525430.135.841.14341.741.349.16163
Sales YoY Gr.-3.9%-44.2%18.6%15.1%4.5%-2.9%-1.1%19.1%24.1%-
Adj EPS 2.621.42.12.43.13.54.53.65.95.8
YoY Gr.--25%-29.3%50.7%15.6%25.4%14.7%28.5%-21.3%65.6%-
BVPS (₹) 23.925.118.918.417.51820233236.937.9
Adj Net
Profit
1.61.20.91.31.51.92.22.84.57.57
Cash Flow from Ops. 7.56.15.5-0.34.94.23.10.81.114-
Debt/CF from Ops. 4.24.84.3-95.25.86.88.836.325.81.7-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 1.8%8.2%13.5%24.1%
Adj EPS 9.3%19.2%18.8%65.6%
BVPS4.9%16.1%22.7%15.2%
Share Price - - - -

Key Financial Parameters

Mar'99Mar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08TTM
Return on
Equity %
9.86.95.610.412.616.117.419.915.215.815.5
Op. Profit
Mgn %
19.114.915.713.312.81515.416.515.617.116.9
Net Profit
Mgn %
3.22.32.93.73.74.45.26.89.312.411.8
Debt to
Equity
2.11.922.12.62.52.220.70.5-
Working Cap
Days
1091041781611311081201451541350
Cash Conv.
Cycle
707611390847784103117920

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'99Mar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08
Sales51.9653.9730.1435.7541.1342.9841.7241.2749.1360.96
Operating Expenses + 42.0645.9525.4231.0135.8736.5435.2934.4541.4850.52
Manufacturing Costs18.9119.8413.2715.3616.5923.591921.9822.2422.71
Material Costs11.7814.062.025.177.716.713.996.4612.2111.85
Employee Cost 2.442.6422.042.022.281.822.122.372.14
Other Costs 8.939.418.138.439.563.9610.483.894.6613.82
Operating Profit 9.908.024.724.745.266.446.426.827.6610.44
Operating Profit Margin (%) 19.0%14.9%15.7%13.3%12.8%15.0%15.4%16.5%15.6%17.1%
Other Income + 0.130.7310.350.440.370.340.312.471.96
Exceptional Items 0000000000
Interest 4.443.832.2222.032.602.272.022.061.99
Depreciation 3.653.032.071.442.132.562.4121.892.30
Profit Before Tax 1.941.891.421.651.541.652.093.106.178.11
Tax 0.210.240.350.340.02-0.25-0.090.291.030.58
Profit After Tax 1.731.651.071.311.521.902.182.805.147.53
PAT Margin (%) 3.3%3.1%3.5%3.7%3.7%4.4%5.2%6.8%10.5%12.4%
Adjusted EPS (₹)2.82.71.72.12.43.13.54.54.05.9
Dividend Payout Ratio (%)43%45.30%51.30%41.70%26.20%20.90%31.90%26.60%29.90%20.40%

Valuation of Gulshan Sugars - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'99Mar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08

Equity and Liabilities

Shareholders Fund + 17.5718.2412.7312.4211.6811.9313.1514.9944.6450.43
Share Capital 6.216.214.974.974.974.974.974.9710.2510.25
Reserves 11.3612.027.767.456.716.968.1810.0234.3940.18
Debt +31.5429.3623.5424.4928.5928.1127.3828.1028.0523.25
Long Term Debt31.5429.3623.5424.4928.5928.1127.3828.1028.0523.25
Short Term Debt0000000000
Minority Interest0000000000
Trade Payables2.713.061.832.342.062.493.222.551.804.84
Others Liabilities 1.031.070.742.013.213.294.064.145.185.05
Total Liabilities 52.8551.7338.8441.2745.5345.8147.8149.7879.6783.57

Fixed Assets

Net Fixed Assets +29.7633.0721.5520.5827.0324.5525.2124.8536.5538.04
Gross Block45.6149.7131.5832.4141.3441.2444.3446.0258.4961.48
Accumulated Depreciation15.8516.6410.0311.8314.3116.6919.1321.1721.9423.44
CWIP 4.140.7900.540.102.091.213.290.7314.23
Investments 0.040.040.130.133.833.833.830.080.080.08
Inventories7.436.086.076.595.453.734.956.216.474.05
Trade Receivables9.3510.214.757.687.239.7710.2512.8315.3617.57
Cash Equivalents 0.890.570.600.690.720.680.820.8313.803.85
Others Assets 1.240.985.745.051.161.161.551.696.695.75
Total Assets 52.8551.7338.8441.2745.5345.8147.8149.7879.6783.57

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'99Mar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08
Cash Flow From Operating Activity + 7.476.115.45-0.264.944.153.120.781.0914.04
PBT 1.941.162.411.301.101.291.752.793.706.72
Adjustment 8.146.924.392.843.534.614.073.363.423.43
Changes in Working Capital 2.891.512.19-31.490.49-0.79-3.89-5.144.78
Tax Paid -0.28-0.32-0.32-0.61-0.27-0.47-0.46-0.34-0.94-1.10
Cash Flow From Investing Activity + -2.59-3.09-1.160.14-8.54-2.09-2.22-0-14.47-16.74
Capex -2.57-3.09-0.65-1.37-8.60-0.11-1.17-0.47-11-17.29
Net Investments 00-5.391.540.05003.7500
Others -0.0104.88-0.030-1.98-1.05-3.28-3.460.54
Cash Flow From Financing Activity + -6.05-3.35-4.260.223.64-2.10-0.76-0.7626.35-7.24
Net Proceeds from Shares 0000000026.400
Net Proceeds from Borrowing -5.43-2.61-3.510.774.18-1.70-0.36-0.070.69-5.70
Interest Paid 0000000000
Dividend Paid -0.60-0.75-0.75-0.55-0.55-0.40-0.40-0.70-0.75-1.54
Others -0.02-0-00-0-000-00
Net Cash Flow -1.17-0.330.030.100.03-0.050.140.0112.97-9.94

Financial Ratio

PARTICULARSMar'99Mar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08
Ratios
ROE (%)12.4110.827.811.313.6117.2618.492118.5717.06
ROCE (%)13.712.519.0810.289.4610.8111.0212.4614.7714.46
Asset Turnover Ratio1.121.170.761.011.061.051.020.960.850.84
PAT to CFO Conversion(x)4.323.75.09-0.23.252.181.430.280.211.86
Working Capital Days
Receivable Days48.8058.2079.1056.1059.1064.4076.9089.5093.9088
Inventory Days52.4040.2064.2057.1047.7034.8033.4043.3042.3028.10
Payable Days116.2074.90441.30147.30104.30123.80261.1016365.10102.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Gulshan Sugars & Chemicals Ltd FAQs

The current trading price of Gulshan Sugars on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Gulshan Sugars stood at ₹22.29 Cr

The latest P/E ratio of Gulshan Sugars as of 31-Dec-1969 is 3.00.

The latest P/B ratio of Gulshan Sugars as of 31-Dec-1969 is 0.46.

The 52-week high of Gulshan Sugars is ₹17.60 and the 52-week low is ₹16.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gulshan Sugars is ₹62.73 ( Cr.) .

Data is not available for this company.

No data found

No data found

About Gulshan Sugars & Chemicals Ltd

Gulshan Sugars & Chemicals (GSCL) was incorporated in 1980. It has one of the largest facilities at Muzaffarnagar in the state of Uttar Pradesh where high quality limestone is available in plenty in the nearby area.  The plant is located about 130 km from the Delhi.

The facilities are well planned in order to give the quality of working conditions. The plant is surrounded by a well-maintained green area. The company has facilities of international quality standards. Gulshan Sugars has expanded the production facilities by way of expansion and acquisition of units over the years. The present installed production capacity is 70,000 TPA. It has planned to add capacities of 20,000 TPA mainly for the paper and PVC Industry. The company produces 19 grades of calcium carbonate.

The company entered into a technical collaboration with IVA Industrie Beratung GMBH, Germany for supply of technology, supply of some equipments and design & drawings for production of paper grade calcium carbonate and overall project management.

Gulshan Sugars & Chemicals operates as a subsidiary of Gulshan Polyols.

Business areas of the company:

The company is engaged in manufacturing of 'calcium carbonate', both precipitated calcium carbonate (PCC) and activated calcium carbonate (ACC).

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