FGP Ltd - Stock Valuation and Financial Performance

BSE: 500142 | NSE: FGPIND | Business Support | Small Cap

FGP Share Price

7.60 -0.39 -4.88%
as on 26-Apr'24 16:01

DeciZen - make an informed investing decision on FGP

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FGP stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
9 Cr.
52-wk low:
4.3
52-wk high:
9.1

Is FGP Ltd an attractive stock to invest in?

1. Is FGP Ltd a good quality company?

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

2. Is FGP Ltd undervalued or overvalued?

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

3. Is FGP Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of FGP 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 FGP:

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.
FGP 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 % -75%-7.8%-13.2%-7.7%-9.5%8.7%-22.4%0.1%1.5%-22.8%-
Value Creation
Index
-6.4-1.6-1.9-1.6-1.7-0.4-2.6-1.0-0.9-2.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.30.10.10.10.10.10.30.20.10.20
Sales YoY Gr.--68.8%30%0%0%0%100%-34.6%-17.7%21.4%-
Adj EPS -5.1-0.3-0.5-0.3-0.30.3-0.700-0.7-0.2
YoY Gr.-NANANANANA-334.5%NANA-1775%-
BVPS (₹) 4.243.43.53.23.52.52.53.32.62.8
Adj Net
Profit
-6.1-0.4-0.6-0.3-0.40.3-0.800.1-0.80
Cash Flow from Ops. -0.5-0.5-0.7-0.9-0.70.1-0.7-0.6-0.7-0.1-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -6.8%5.5%-13.2%21.4%
Adj EPS NANANA-1775%
BVPS-5.2%-3.9%1.7%-20.4%
Share Price 14.5% 19.9% 69.2% 44.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-75-7.8-13.2-7.7-9.58.6-22.40.11.5-22.8-8.9
Op. Profit
Mgn %
-2122.6-574.6-570.7-785.9-531.9-5643.4-261.9-421.1-411.4-424.1-396.7
Net Profit
Mgn %
-1886.8-385.3-459.5-252.3-299.7272.3-307.81.535.4-482.2-150.3
Debt to
Equity
0000000000-
Working Cap
Days
4,1402,1651,8191,8771,7901,7398821,3633,2782,7833,216
Cash Conv.
Cycle
210-11-49-65-129-64-96-104-168-763,082

Recent Performance Summary

Sales growth is good in last 4 quarters at 39.59%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -13.21%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - FGP Ltd.

Standalone Consolidated
TTM EPS (₹) -0.2 1.6
TTM Sales (₹ Cr.) 0.2 0.4
BVPS (₹.) 2.8 0
Reserves (₹ Cr.) -9 -2
P/BV 2.77 0.00
PE 0.00 4.90
From the Market
52 Week Low / High (₹) 4.30 / 9.09
All Time Low / High (₹) 0.67 / 125.00
Market Cap (₹ Cr.) 9
Equity (₹ Cr.) 11.9
Face Value (₹) 10
Industry PE 45

Management X-Ray of FGP:

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

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
Sales0.320.100.130.130.130.130.260.170.140.17
Operating Expenses 7.210.660.941.120.807.241.580.890.720.87
Manufacturing Costs0.310.170.200.200.120.370.130.150.110.12
Material Costs0000000000
Employee Cost 0.120.140.170.430.190.190.280.390.210.33
Other Costs 6.780.350.580.490.496.691.160.350.400.42
Operating Profit -6.89-0.56-0.82-0.99-0.67-7.11-1.31-0.72-0.58-0.70
Operating Profit Margin (%) -2,140.6%-574.0%-647.0%-785.0%-531.0%-5,646.3%-503.0%-421.0%-411.0%-424.0%
Other Income 0.790.480.210.670.307.370.090.730.410.09
Interest 000000.010000
Depreciation 0.010.20000.010.010.020.010.010.01
Exceptional Items 000000001.280
Profit Before Tax -6.11-0.28-0.61-0.32-0.370.24-1.2401.10-0.62
Tax 00.06000-0.18000.150.18
Profit After Tax -6.11-0.34-0.61-0.32-0.370.42-1.2400.95-0.80
PAT Margin (%) -1,898.0%-345.0%-482.0%-252.0%-297.0%329.8%-476.0%1.5%670.8%-482.0%
Adjusted EPS (₹)-5.1-0.3-0.5-0.3-0.30.4-1.00.00.8-0.7
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 5.044.704.104.173.794.212.972.973.913.12
Share Capital 11.9011.9011.9011.9011.9011.9011.9011.9011.9011.90
Reserves -6.85-7.19-7.80-7.73-8.10-7.69-8.93-8.93-7.98-8.78
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables0.070.050.090.150.080.120.140.250.100.10
Others Liabilities 0.100.050.050.070.050.070.050.040.200.24
Total Liabilities 5.214.814.234.393.924.403.163.264.223.45

Fixed Assets

Gross Block1.131.131.131.131.161.211.021.031.021.04
Accumulated Depreciation0.921.111.121.121.121.140.980.980.980.98
Net Fixed Assets0.210.020.020.020.040.070.050.050.040.06
CWIP 0000000000
Investments 4.193.503.463.582.972.722.082.462.152.14
Inventories0000000000
Trade Receivables0.010.0100000.020.0100
Cash Equivalents 0.250.670.120.130.340.990.380.110.130.62
Others Assets0.540.610.640.660.580.620.630.631.900.63
Total Assets 5.214.814.234.393.924.403.163.264.223.45

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.51-0.48-0.71-0.91-0.690.13-0.70-0.61-0.67-0.07
PBT -6.11-0.28-0.61-0.32-0.370.24-1.240-0.18-0.62
Adjustment -0.21-0.01-0.11-0.67-0.30-0.300.56-0.72-0.40-0.08
Changes in Working Capital 5.85-0.160.020.09-0.120.09-0.010.09-0.080.8
Tax Paid -0.05-0.03-0.01-0.010.100.11-0.010.02-0.01-0.16
Cash Flow From Investing Activity 0.630.890.160.930.890.530.090.340.650.07
Capex 0000-0.03-0.050-0.010-0.02
Net Investments 0.350.6900.790.790.3600.300.600
Others 0.270.200.150.130.120.220.090.050.050.09
Cash Flow From Financing Activity 00000-0.010000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 00000-0.010000
Dividend Paid 0000000000
Others 0000000000
Net Cash Flow 0.110.42-0.550.020.200.66-0.61-0.27-0.020
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-75.44-6.95-13.82-7.69-9.4110.39-34.620.0927.48-22.77
ROCE (%)-75.44-5.73-13.82-7.69-9.416.09-34.620.0931.9-17.58
Asset Turnover Ratio0.040.020.030.030.030.030.070.050.040.04
PAT to CFO Conversion(x)N/AN/AN/AN/AN/A0.31N/AN/A-0.71N/A
Working Capital Days
Receivable Days2893015000232400
Inventory Days0000000000
Payable Days0000000000

FGP Ltd Stock News

FGP Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of FGP on 26-Apr-2024 16:01 is ₹7.60.
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 26-Apr-2024 16:01 the market cap of FGP stood at ₹9.04.
The latest P/E ratio of FGP as of 26-Apr-2024 16:01 is 0.00.
The latest P/B ratio of FGP as of 26-Apr-2024 16:01 is 2.77.
The 52-week high of FGP is ₹9.09 and the 52-week low is ₹4.30.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of FGP is ₹0.19 ( Cr.) .

About FGP Ltd

FGP Ltd was incorporated in 1962. The company’s main line of business was manufacturing of glass fibre products including glass wool Insulation. The original Fine-grind Products was founded in 1970 by Fredrick George Philpott as a subcontract precision grinding company with a high reputation for small ground components working to very tight tolerances. In 1983, Fine-grind Products was purchased by Martin Short and Grant Leighton who continued to maintain the original high standards set by Philpott and his small workforce.

After discontinuing its main operation in 1997, it entered into business center activity catering to the requirement of business / office space with proper business environment and infrastructure.

The requirement for more business space heavily depends on the expansion and growth of the industry in general. Considering the positive trends in the economy, it was expected that requirement for office space by the corporate sector will be promising in future which will give boost to the company’s activity.

The company’s business centre is strategically located in Fort area of Mumbai. Compared to business and financial activities in this area, there is very little scope for corporates to expand their office area. This limitation on further expansion for the corporate world is an opportunity for the company to offer its business centre facility.

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