Quality Foils (India) Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: QFIL | Steel & Iron Products | Small Cap

BSE Share Price
Not Listed

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Quality Foils (India) stock performance -

mw4me loader
P/E Ratio (SA):
8.85
Market Cap:
28.2 Cr.
52-wk low:
0
52-wk high:
0

Is Quality Foils (India) Ltd an attractive stock to invest in?

1. Is Quality Foils (India) Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Quality Foils (India) Ltd is a below average quality company.

2. Is Quality Foils (India) Ltd undervalued or overvalued?

The key valuation ratios of Quality Foils (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Quality Foils (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Quality Foils (India) 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 Quality Foils:

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.
Quality Foils (India) 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'20Mar'21Mar'22Mar'23TTM
ROCE % 6.8%5.5%6%6.5%-
Value Creation
Index
-0.5-0.6-0.6-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 151124180186186
Sales YoY Gr.--18.2%45%3.7%-
Adj EPS 5.54.67.36.811.2
YoY Gr.--16.8%57.6%-6.3%-
BVPS (₹) 84.58993.79696
Adj Net
Profit
1.211.51.93
Cash Flow from Ops. 6.23.9-1.89-
Debt/CF from Ops. 6.710.5-27.24.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA7.2%3.7%
Adj EPS NANA7.1%-6.3%
BVPSNANA4.4%2.4%
Share Price - - - 18%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
6.65.37.98.211.6
Op. Profit
Mgn %
4.24.63.63.6NAN
Net Profit
Mgn %
0.80.80.911.7
Debt to
Equity
2.32.22.41.6-
Working Cap
Days
01271001030
Cash Conv.
Cycle
011691930

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 11.60%

Debt to equity has declined versus last 3 years average to 1.56

Sales growth has been subdued in last 3 years 7.15%

Net Profit has been subdued in last 3 years 7.08%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Quality Foils (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 11.2 -
TTM Sales (₹ Cr.) 186 -
BVPS (₹.) 96 -
Reserves (₹ Cr.) 25 -
P/BV 1.03 -
PE 8.85 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 28.2
Equity (₹ Cr.) 2.9
Face Value (₹) 10
Industry PE 25.1

Management X-Ray of Quality Foils:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Quality Foils

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23
Sales151.47123.98179.79186.36
Operating Expenses 145.28118.24173.35179.63
Manufacturing Costs10.468.0212.6011.71
Material Costs127.83103.59152.30158.83
Employee Cost 5.424.915.525.64
Other Costs 1.571.712.933.44
Operating Profit 6.195.746.446.74
Operating Profit Margin (%) 4.1%4.6%3.6%3.6%
Other Income 0.640.380.520.58
Interest 4.033.333.263.64
Depreciation 1.481.471.481.53
Exceptional Items 0001.67
Profit Before Tax 1.321.322.223.83
Tax 0.240.370.640.64
Profit After Tax 1.080.961.583.19
PAT Margin (%) 0.7%0.8%0.9%1.7%
Adjusted EPS (₹)5.14.67.511.2
Dividend Payout Ratio (%)0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 17.7418.6919.6827.40
Share Capital 1.401.401.402.85
Reserves 16.3417.2918.2824.54
Minority Interest0000
Debt38.6037.9645.7439.96
Long Term Debt13.6613.8216.0812.53
Short Term Debt24.9424.1329.6527.43
Trade Payables2.510.093.810.57
Others Liabilities 7.228.629.128.27
Total Liabilities 66.0765.3778.3576.21

Fixed Assets

Gross Block34.1334.5636.7537.73
Accumulated Depreciation13.7515.1016.4317.54
Net Fixed Assets20.3819.4620.3220.19
CWIP 0.32000
Investments 0.680.680.680.40
Inventories15.1413.0319.2216.99
Trade Receivables25.5427.8633.5730.15
Cash Equivalents 1.292.061.635.80
Others Assets2.722.272.922.67
Total Assets 66.0765.3778.3576.21

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 6.183.94-1.778.96
PBT 1.321.322.222.15
Adjustment 4.964.434.224.73
Changes in Working Capital 0.18-1.84-8.132.32
Tax Paid -0.28-0.58-0.58-0.63
Cash Flow From Investing Activity -1.030.02-2.20-0.29
Capex -1.02-0.21-2.330.59
Net Investments 0000
Others 00.230.13-0.88
Cash Flow From Financing Activity -5.36-3.193.54-4.51
Net Proceeds from Shares 0004.52
Net Proceeds from Borrowing -2.610.941.28-3.17
Interest Paid -3.51-3.33-3.26-3.64
Dividend Paid 0000
Others 0.76-0.815.52-2.22
Net Cash Flow -0.210.77-0.434.17
PARTICULARSMar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)6.085.268.2313.55
ROCE (%)9.097.838.5710.83
Asset Turnover Ratio2.291.892.52.41
PAT to CFO Conversion(x)5.724.1-1.122.81
Working Capital Days
Receivable Days62796262
Inventory Days36413335
Payable Days7555

Quality Foils (India) Ltd Stock News

Quality Foils (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Quality Foils 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 01-Jan-1970 05:30 the market cap of Quality Foils stood at ₹28.23.
The latest P/E ratio of Quality Foils as of 01-Jan-1970 05:30 is 8.85.
The latest P/B ratio of Quality Foils as of 01-Jan-1970 05:30 is 1.03.
The 52-week high of Quality Foils is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Quality Foils is ₹186.4 ( Cr.) .

About Quality Foils (India) Ltd

Quality Foils (India) was originally formed as a Partnership Firm under the Partnership Act, 1932 (‘Partnership Firm’) in the name and style of ‘Quality Foils’ pursuant to Partnership deed dated October 03, 1989. Quality Foils was thereafter converted from Partnership Firm to a Private Company under the provisions of Companies Act, 1956 with the name and style of ‘Quality Foils (India) Private Limited’ and received a certificate of incorporation dated May 08, 1990 from the Registrar of Companies, NCT of Delhi & Haryana. Further, the word ‘Private’ has been deleted under section 43A(1A) of the Companies (Amendment) Act, 1974 and the name was changed to ‘Quality Foils (India) Limited’ under the seal of Registrar of Companies, NCT of Delhi & Haryana dated August 08, 1993.

Afterthought, the word “Private” has been added under the section 43A(2A) of the Companies (Amendment) Act, 2000 and the name was again changed to “Quality Foils (India) Private Limited” under the seal of Registrar of Companies, NCT of Delhi & Haryana dated June 29, 2001. Subsequently, the company was converted into Public Limited company pursuant to which the name of the company was changed to “Quality Foils (India) Limited” vide shareholder’s approval on November 12, 2022 and fresh certificate of incorporation dated November 25, 2022.

Quality Foils (India) Limited is manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible Hoses/pipes. The company uses raw material of premium quality i.e. Hot Rolled Stainless Steel Coils/Strips mainly from Jindal Stainless Hissar Limited, Hissar. It is one of the growing manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible hose pipes in India having over thirty years of experience in the manufacturing of stainless-steel products in two broad categories: i. Cold Rolled Stainless Steel Coils/Strips; ii. Stainless Steel Flexible Hose Pipes. Under its brand name ‘Quality’, it supplies its Products i.e. Cold Rolled Stainless Steel Coils/Strips in for manufacture of SS Tube/Pipe, Utensils, Cutlery, Kitchen Sinks, Stainless Steel Flexible Hoses and Automobile components and Flexible Hose pipes to major applications such as high temp & medium pressure for Hydraulic Oil, Hot Water, Steam & Gas applications, chemical resistant, exhaust systems of steel, power, petrochemical, sugar, automobile and many other heavy engineering sectors.

It sells its products both in the domestic as well as the international markets. In the domestic market, it sells its products to the manufacturer customers as well as to the traders and in the international market; it supplies its products to the manufacturers and traders and through certain marketing representatives.

Business area of the company

The company is manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible Hoses/pipes.

Products of the company

  • Stainless steel coils
  • Stainless steel precision strips
  • Stainless steel tube
  • Stainless steel pipe
  • Stainless steel flexible hoses

History and milestones

  • 1981: Started first factory under the Partnership Firm in the name and style of ‘Quality Foils’ situated at 3, Industrial Development Colony, Hisar, Haryana-125005, India.
  • 1985: Received factory license from Haryana.
  • 1990: Partnership Firm converted into Private Limited Company under the provisions of Companies Act, 1956.
  • 2005-06: Crossed turnover of Rs 50.00 crore.
  • 2006-07: Crossed turnover of Rs 100.00 crore.
  • 2013-14: Crossed turnover of Rs 150.00 crore.
  • 2008: Launched a new product- Manufacturing of Flexible Hoses etc.
  • 2007: Implemented Quality Management System in accordance with ISO 9001:2015.
  • 2016: Certified from BIS (Bureau of Indian Standards) since 2016.
  • 2019: Used its product in Space Satellite. It supplied its products ‘Stainless Steel Corrugated Flexible Hoses’ to its premium customer ISRO (Indian Space Research Organisation).
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