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Gangotri Iron & Steel Company Ltd Stock Analysis

Small Cap
Evaluated by 37 users | BSE: 530945 | NSE: |
Steel & Iron Products
Gangotri Iron & Steel Co (GISCO Ltd.) formerly known as Esskayjay Ispat Ltd. Was incorporated on December 7, 1992 as a Public Limited Company It received the certificate of commencement of business on 9th December, 1992. On 24th May, 2000, the name of the Company was changed to Gangotri...

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.
Value Creation
 Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14
Return on Capital Employed 10.51%9.52%10.65%4.22%1.47%7.87%-0.63%3.81%1.23%-2.87%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 20.22433.939.549.916817994.287.163.8
Y-o-Y Gr. Rt.-18.5%41.3%16.8%26.2%235.8%6.9%-47.4%-7.6%-26.8%
Adjusted EPS (Rs.) 0.751.171.760.8500.73-2.59-0.82-0.32-6.45
Y-o-Y Gr. Rt.-56%50.4%-51.7%-100%NA-454.8%NANANA
Book Value per Share (Rs.) 9.4513.231414.9511.7112.1611.8811.0710.744.3
Adjusted Net Profit 0.40.710.802-7-2.2-0.9-17.3
Net Op. Cash Flow (Rs. Cr.) 0.7-1.73.5-8.7-11.7-13.88.20.2-29.89
Debt to Cash Flow from Ops 2.54-2.911.34-3.73-5.93-6.2810.25583.89-4.6716.57
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.
Gangotri Iron & Steel Company Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 13.6%5%-29.1%-26.8%
Adjusted EPS -227%NANANA
Book Value per Share -8.4-18.2-28.7-60
Share Price - - - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14
Return on Equity (%) 10.6910.4511.256.410.048.97-24.2-7.11-2.93-85.74
Operating Profit Margin (%) 6.347.657.936.744.483.32-3.377.523.61-6.86
Net Profit Margin (%) 2.082.742.92.130.011.17-3.89-2.32-0.98-27.12
Debt to Equity 0.40.680.62.183.843.362.653.114.8412.89
Working Capital Days 84120106133213128176379507778
Cash Conversion Cycle 2848543310798132263367561
Entity Percentage Holding
Promoters 27.91%
Non-Institutions 72.09%
Pledged *60.5660.5660.5660.5660.5659.1557.3056.0648.6847.58
* Pledged shares as % of Promoter's holding (%)
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Data is not available for this company.

Data is not available for this company

Gangotri Iron & Steel Co (GISCO Ltd.) formerly known as Esskayjay Ispat Ltd. Was incorporated on December 7, 1992 as a Public Limited Company It received the certificate of commencement of business on 9th December, 1992. On 24th May, 2000, the name of the Company was changed to Gangotri Iron & Steel Company Limited. The company with its registered office at 307 Ashiana Towers, Exhibition Road, Patna - 800001, Bihar, started commercial production from March1, 1994 and was engaged in
Gangotri Iron & Steel Co (GISCO Ltd.) formerly known as Esskayjay Ispat Ltd. Was incorporated on December 7, 1992 as a Public Limited Company It received the certificate of commencement of business on 9th December, 1992. On 24th May, 2000, the name of the Company was changed to Gangotri Iron & Steel Company Limited. The company with its registered office at 307 Ashiana Towers, Exhibition Road, Patna - 800001, Bihar, started commercial production from March1, 1994 and was engaged in the production of M.S. Deformed Cold Twisted Bars, M.S. Rounds, M.S. Flats etc. at its re-rolling mill at Naya Tola, Phulwari Shariff, Patna. The plant was converted to a fully automatic rolling mill in 2000 with an increased capacity of 21,000 MT per annum. In 2006, the company got engaged in manufacturing M.S.
 
Steel bars in the name and style of GISCO THERMEX TMT Bars. The present installed capacity of the unit is to manufacture 33000 MT of Steel Bars per annum. GISCO THERMEX TMT Bars is premium product in the medium segment of Steel Industries in the State of Bihar being manufactured with German Technology and has all laurels viz. ISI certification, ISO 9001 & 14001 certification, DGS&D approval.
 
The company came with the Public Issue of 30,45,100 Equity Shares of Rs 10 each for cash at par aggregating Rs. 304.51 lacs on May 22,1995. The shares of the Company are listed at Bombay Stock Exchange Limited, The Calcutta Stock Exchange Association Limited and The Magadh Stock Exchange Association. During the Financial Year 2006-07, the Company has achieved a turnover of Rs. 40 crores. The Company had acquired 12.125 acres of free hold land and 2.81 acres lease hold land to set up a fully Integrated Steel Plant at Bihta near Patna with a capacity to manufacture 1 lac MT per annum of “GISCO THERMEX TMT Bars” and Wire Rods with a capital outlay of Rs. 50 crores.
 
In 1994 the Manual Steel Re-rolling Unit with a capacity of 12000 MT per annum was established at Patna. In the year 2000, the management of the loss making unit, Esskayjay Ispat Ltd., was taken over by Gangotri Group.
 
The company is engaged in manufacturing of M.S. steel bars in the name and style of GISCO Thermex TMT Bars. The present installed capacity of the Unit is to manufacture 33000 MT of Steel Bars per annum. GISCO Thermex TMT Bars is premium product and has good command over its competitors in the medium segment of Steel Industries in the State of Bihar being manufactured with German Technology and has all laurels viz. 
Product range of the company includes:
  • Thermex TMT
  • M.S.Steel (CTD)
Milestones:
  • 1992 - Incorporated on 7th December 1992 as a Public Limited Company in the name of
  • ESSKAYJAY Ispat Limited. Set up a unit for manufacturing M.S. Deformed Cold
  • Twisted Bars, M.S. Rounds, M.S.Flats etc. with installed capacity of 12000 MT at
  • Naya Tola, Phulwari Shariff, Patna.
  • 1995 • Initial Public Issue of 30,45,100 Equity Shares of Rs. 10/- each for cash at par in May 1995
  • Listing of shares at BSE, CSE, MGSE
  • 2000 • On 2 4th May 2000, the name of the Company was changed to Gangotri Iron& Steel Company Limited.
  • The plant was converted to a fully automatic rolling mill with an increased capacity of 21000 MT per annum.
  • 2003 The Company modernized its production facility by adopting new technology of making TMT Bars and started manufacturing GISCO TMT Bars.
  • 2005 The Company products got ISI certification and became an ISO 9001 and 14001certified company.
  • 2006 • The Company has further expanded its capacity to 33,000 MT per annum by adopting latest German THERMEX technology for the first time in state of Bihar.
  • The company had acquired approx 12.125 acres of free hold land and 2.8125 acres lease hold land to set up a fully Integrated Steel Plant at Bihta near Patna with a capacity to manufacture 1 lac MT per annum of “GISCO THERMEX TMT Bars”.
Achievements/ recognition:-
  • ISI certification, ISO 9001 & 14001 certification
  • DGS & D approval.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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