Gujarat Petrosynthese Ltd - Stock Valuation and Financial Performance

BSE: 506858 | NSE: | Plastic Products | Small Cap

Guj. Petrosynthese Share Price

48 -1.98 -3.96%
as on 28-Mar'24 16:01

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Gujarat Petrosynthese stock performance -

mw4me loader
P/E Ratio (SA):
15.73
Market Cap:
29 Cr.
52-wk low:
29
52-wk high:
90.4

Is Gujarat Petrosynthese Ltd an attractive stock to invest in?

1. Is Gujarat Petrosynthese Ltd a good quality company?

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

2. Is Gujarat Petrosynthese Ltd undervalued or overvalued?

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

3. Is Gujarat Petrosynthese Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Gujarat Petrosynthese Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Guj. Petrosynthese:

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 Petrosynthese 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -4%-4.5%-6.8%-7.2%-3.5%-5%-0.6%4.5%5.3%2.9%-
Value Creation
Index
-1.3-1.3-1.5-1.5-1.3-1.4-1.0-0.7-0.6-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 8.98.811.217.718.922.120.219.33019.615
Sales YoY Gr.--2.1%27.4%58.8%6.7%16.8%-8.4%-4.3%55.2%-34.9%-
Adj EPS -1.3-1.4-2.3-2.6-1.3-1.8-0.21.83.22.23.1
YoY Gr.-NANANANANANANA74.5%-31.2%-
BVPS (₹) 32.931.534.535.336.334.53745.476.178.481
Adj Net
Profit
-0.7-0.9-1.4-1.5-0.8-1.1-0.11.11.91.32
Cash Flow from Ops. -1.5-1.62.7-2.1-1.20.21.43.4-1.9-2.8-
Debt/CF from Ops. 000-0.1-0.600000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.1%0.7%-1.1%-34.9%
Adj EPS NANANA-31.2%
BVPS10.1%16.6%28.5%3.1%
Share Price 3.5% 16.8% 15.2% 60.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-4-4.5-6.8-7.3-3.6-5.2-0.64.55.32.93.9
Op. Profit
Mgn %
-21.5-18.3-12.5-12.7-9.5-6.5-5.2-5.62.6-1-6.6
Net Profit
Mgn %
-8.1-9.8-12.2-8.6-4.1-5-0.65.76.46.712.1
Debt to
Equity
0000000000-
Working Cap
Days
371408296171171148123142195435172
Cash Conv.
Cycle
53473427251826302667151

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 3.90%

Sales growth has been subdued in last 3 years -1.10%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -24.48%

Latest Financials - Gujarat Petrosynthese Ltd.

Standalone Consolidated
TTM EPS (₹) 3.1 1.3
TTM Sales (₹ Cr.) 15.3 27.7
BVPS (₹.) 81 0
Reserves (₹ Cr.) 42 40
P/BV 0.60 0.00
PE 15.73 37.37
From the Market
52 Week Low / High (₹) 29.02 / 90.40
All Time Low / High (₹) 1.65 / 110.00
Market Cap (₹ Cr.) 29
Equity (₹ Cr.) 6
Face Value (₹) 10
Industry PE 35.1

Management X-Ray of Guj. Petrosynthese:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Guj. Petrosynthese

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales8.948.7511.1517.7118.8922.0720.2119.3430.0219.55
Operating Expenses 10.8610.3412.5419.9720.6823.5021.2720.4229.2319.74
Manufacturing Costs0.770.680.801.401.211.141.100.881.751.49
Material Costs7.146.908.4514.2715.4618.1016.3315.9724.2314.85
Employee Cost 0.880.961.102.402.672.832.692.622.312.37
Other Costs 2.071.802.201.901.341.421.140.950.941.03
Operating Profit -1.92-1.60-1.39-2.26-1.79-1.44-1.06-1.080.79-0.19
Operating Profit Margin (%) -21.5%-18.3%-12.5%-12.7%-9.5%-6.5%-5.3%-5.6%2.6%-1.0%
Other Income 1.081.120.320.220.100.300.460.631.882.54
Interest 00000.010.03000.010.01
Depreciation 0.390.500.320.270.230.230.250.180.220.25
Exceptional Items 0.380.551.492.791.9802.325.580-0.12
Profit Before Tax -0.85-0.440.090.480.05-1.401.464.962.451.97
Tax -0.400.040.400.03-0.57-0.31-0.03-0.050.510.58
Profit After Tax -0.46-0.48-0.310.440.62-1.091.495.011.941.39
PAT Margin (%) -5.1%-5.5%-2.8%2.5%3.3%-5.0%7.4%25.9%6.5%7.1%
Adjusted EPS (₹)-0.8-0.8-0.50.81.0-1.82.58.43.32.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 18.5518.8220.6221.0721.6920.6022.0927.1045.4246.80
Share Capital 5.645.975.975.975.975.975.975.975.975.97
Reserves 12.9112.8514.6515.1015.7214.6316.1221.1339.4540.83
Minority Interest0000000000
Debt0000.270.6400000
Long Term Debt0000000000
Short Term Debt0000.270.6400000
Trade Payables1.161.401.511.231.211.601.041.531.711.79
Others Liabilities 2.160.781.290.960.300.06-0.11-0.511.041.30
Total Liabilities 21.8720.9923.4223.5323.8322.2523.0128.1248.1749.90

Fixed Assets

Gross Block9.789.669.734.312.588.448.698.454.034.23
Accumulated Depreciation4.535.365.680.260.486.316.556.451.922.17
Net Fixed Assets5.244.304.054.052.102.132.1422.112.05
CWIP 0000000000
Investments 6.276.129.9210.2310.1110.319.6415.2522.7422.62
Inventories0.370.320.530.540.570.510.850.690.980.80
Trade Receivables1.862.032.022.171.622.291.802.403.645.30
Cash Equivalents 0.640.651.210.902.231.356.030.991.200.71
Others Assets7.507.565.695.637.215.652.556.7817.5118.41
Total Assets 21.8720.9923.4223.5323.8322.2523.0128.1248.1749.90

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -1.54-1.632.67-2.06-1.170.151.433.42-1.86-2.79
PBT -1.23-0.980.090.480.05-1.401.464.962.451.97
Adjustment 1.050.330.48-2.66-1.860.15-2.48-0.42-1.57-2.01
Changes in Working Capital -1.36-0.972.1-0.070.661.42.46-0.75-2.75-2.83
Tax Paid 0000.20-0.0300-0.360.020.09
Cash Flow From Investing Activity -0.320.80-4.052.122.14-0.363.25-3.372.062.36
Capex -0.460.55-0.072.581.91-0.27-0.261.91-0.16-0.20
Net Investments 0.060.12-3.80-0.580.15-1.23-0.33-5.711.121.26
Others 0.070.13-0.170.120.081.133.840.431.111.30
Cash Flow From Financing Activity 1.760.851.94-0.070.36-0.6600-0.05-0.06
Net Proceeds from Shares 1.661.1400000000
Net Proceeds from Borrowing 0000000000
Interest Paid 00000-0.020000
Dividend Paid 0.04000000000
Others 0.06-0.281.94-0.070.36-0.6400-0.05-0.06
Net Cash Flow -0.100.020.56-0.011.33-0.874.680.050.15-0.49
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-2.55-2.56-1.582.132.92-5.176.9920.395.343
ROCE (%)-4.69-2.290.462.30.28-6.46.8420.176.774.28
Asset Turnover Ratio0.420.410.50.750.80.960.890.760.790.4
PAT to CFO Conversion(x)N/AN/AN/A-4.68-1.89N/A0.960.68-0.96-2.01
Working Capital Days
Receivable Days81816643373237403783
Inventory Days1714141111912151017
Payable Days65686335292829292443

Gujarat Petrosynthese Ltd Stock News

Gujarat Petrosynthese Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Guj. Petrosynthese on 28-Mar-2024 16:01 is ₹48.00.
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 28-Mar-2024 16:01 the market cap of Guj. Petrosynthese stood at ₹29.04.
The latest P/E ratio of Guj. Petrosynthese as of 28-Mar-2024 16:01 is 15.73.
The latest P/B ratio of Guj. Petrosynthese as of 28-Mar-2024 16:01 is 0.60.
The 52-week high of Guj. Petrosynthese is ₹90.40 and the 52-week low is ₹29.02.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Guj. Petrosynthese is ₹15.27 ( Cr.) .

About Gujarat Petrosynthese Ltd

Gujarat Petrosynthese (GPL), Polymer Blends & Alloys Division is an ISO 9001- 2000 certified company engaged in manufacturing Polymer Blends & Alloys, Specialty grade compounds with Engineering Plastics to meet demanding needs for specific applications. It was incorporated on September 19, 1977 as a private limited company and converted into a public limited company on September 13, 1981.

GPL successfully commissioned India's first polybutene unit in 1984. Since then, it has successfully marketed polybutenes under the PETROVIS brand name within the country and abroad. Under an agreement signed in 1997, PETROVIS polybutenes are now manufactured under toll conversion for Indian Petrochemicals Corporation Limited (IPCL), one of India's premier petrochemicals company. Through this agreement, customers have the advantage of better access to PETROVIS through IPCL's vast distribution network within India and overseas.

The polymer division is set up in joint sector by Gujarat Petrosynthese (GPL),Vadodara,a pioneer & profit making manufacturer of Polybutenes, and Karnataka State Industrial Investment & Development Corporation. The company has technical collaboration with China National Chemical Construction Corporation (CNCCC) who has also made an equity contribution. It is one of the first joint ventures between India and China. The company has four Twin Screw Co rotating Extrusion lines complete with allied equipments. A full fledged testing laboratory has also been set-up with injection molding machine, universal testing machine, melt flow indexer, Microprocessor controlled multistation HDT/VST apparatus, Sophisticated Computerized color matching capabilities of latest state of the art, imported spectrophotometer and formulation software etc. The company has also installed a D.G.Set for captive power generation.

The project was commissioned as Karnataka Petrosynthese Limited at the end of November 1996 by Chinese collaborators and commercial production started from December 1996. Plant Engineers have been trained extensively in the collaborators unit in China. The company has merged with Gujarat Petrosynthese Limited and became its Polymer Blends & Alloy Division w.e.f 1.4.2001.

The company is capable of providing a wide variety of products manufactured to suit customer requirements. Present product mix includes Modified Polycarbonate, Modified PVC, Modified Polyacetals, Modified ABS , modified PBT , modified polyamide , modified PP etc. Major markets for these products encompass automobile, textile, electrical & electronic, telecommunication, consumer goods and light industry. The company welcomes enquiries from customers requiring products, which are tailor made to suit their individual requirements.

Product range of the company includes:

  • Synolac (ABS)
  • Synofin (PP)
  • Blends & Alloys
  • Synonate(PC/ABS)
  • Synonate (PC)
  • Synolac (PVC)
  • Synofin (PC/PO)
  • Synolate(PC/PBT)
  • Synol(POM)
  • Synsan(SAN)
  • Synlon (Nylon6 & Nylon66)

Achievements/ recognition:

An ISO 9001- 2000 certified company

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