Gujarat Foils (Delisted) share price

BSE: 531410Non - Ferrous Metals

Gujarat Foils Ltd. · Face value ₹10 · Listed Feb 1996

Last traded ₹1.32 on 3 Dec 2019

Delisted on 31 May 2023.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

Share price history

Daily closes since Jan 2007, adjusted for splits and bonuses

Daily close, ₹ per share

Q1 results, quarter to Jun 2019

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹12 Cr−30.2% on a year ago · +4.2% on the quarter before
Operating profit
−₹0.49 Cr
Net profit
−₹0.35 Cr
Earnings per share
−₹0.42
Operating margin
−4.0%
Net margin
−2.8%

From revenue to net profit, ₹ crore

  1. Revenue12
  2. Materials and goods−9.1
  3. Employee costs−1.5
  4. Other expenses−2.4
  5. Operating profit−0.5
  6. Depreciation−0.9
  7. Other income+1.0
  8. Finance costs0.0
  9. Profit before tax−0.3
  10. Tax0.0
  11. Net profit−0.3

Gujarat Foils results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2019. Results for the quarter to Sep 2019 were due by 14 Nov 2019, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
77−4.6Sep 1668−6.9Dec 1654−26Mar 17175−54Jun 1715−3.7Sep 1710−3.9Dec 1715−321Mar 1818−4.7Jun 1818−2.4Sep 1811−5.3Dec 1812−17Mar 1912−0.3Jun 19
A loss in 12 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
6.6%−2,084.2%6.6%4.7%−36.9%−28.1%−6.0%−36.2%−2,074.5%−20.9%−1.7%−19.4%−10.7%−4.0%−6.1%−10.2%−48.7%−31.2%−24.2%−38.3%−2,084.2%−26.1%−13.5%−49.6%−142.6%−2.8%Sep 16Mar 17Sep 17Mar 18Sep 18Mar 19Jun 19
₹ croreSep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018worked outDec 2018Q3Mar 2019Jun 2019Q1
Revenue from operations10114014413711094112867768541751510151818111212
8412712912499841018072657422416143352218131313
Materials and goods bought75118118118937692746459642181010101314889
Employee costs4343233333332–122222
Other expenses5673556453744–32472332
Operating profit before depreciation17131513101010653−20−49−1−4−320−40−2−10
Operating margin16.9%9.3%10.7%9.4%9.2%10.5%9.4%7.2%6.6%4.7%−36.9%−28.1%−6.0%−36.2%−2,074.5%−20.9%−1.7%−19.4%−10.7%−4.0%
Depreciation and amortisation41322232221222222311
Other income––––10––0000–001−1001
Finance costs1081086613888432−3−100000
Profit before one-off items and tax343322−6−4−5−7−25−54−5−3−321−4−3−5−20
One-off items–––––––––––––––000−190
Profit before tax343322−6−4−5−7−25−54−5−3−321−4−3−5−210
111111−2–––10−110001−40
Tax rate20.0%20.0%26.3%34.6%34.6%34.6%––––––––––––––
Net profit232211−3−4−5−7−26−54−4−4−321−5−2−5−170
Net margin2.1%2.2%1.6%1.3%1.3%1.1%−3.1%−5.1%−6.1%−10.2%−48.7%−31.2%−24.2%−38.3%−2,084.2%−26.1%−13.5%−49.6%−142.6%−2.8%
Earnings per share––₹2.90₹2.23₹1.73₹1.24−₹4.21−₹5.36−₹5.66–−₹31.90––−₹4.75−₹391.96−₹11.34–−₹6.44−₹20.75−₹0.42
Earnings per share in rupees, restated for later splits and bonuses.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2018, the company's revenue for the year to Mar 2018, ₹219 Cr, differs from its quarters added, ₹215 Cr.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
1313.2Mar 102253.5Mar 112612.3Mar 123446.0Mar 134309.2Mar 144886.7Mar 15453−1.6Mar 16284−42Mar 17219−384Mar 1858−29250Mar 19
A loss in 4 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
13.9%−175.5%6.4%10.0%13.9%12.3%11.7%11.8%9.8%−2.0%−170.6%−12.7%2.4%1.6%0.9%1.8%2.1%1.4%−0.3%−14.8%−175.5%−50.5%Mar 10Mar 12Mar 14Mar 16Mar 18Mar 19

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹219 Cr, differs from its quarters added, ₹215 Cr.

Results for the year to Mar 2019

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue58
  2. Materials and goods−44
  3. Employee costs−6.7
  4. Other expenses−15
  5. Operating profit−7.4
  6. Depreciation−6.6
  7. Other income+0.1
  8. One-off items−19
  9. Finance costs0.0
  10. Profit before tax−33
  11. Tax+3.5
  12. Net profit−29

What the company owns

  • Plant, investments and other assets₹61 Cr
  • Receivables₹26 Cr
  • Cash and bank₹1 Cr
  • Inventory₹1 Cr

What pays for it: net worth and liabilities

  • Borrowings₹250 Cr
  • Owed to suppliers₹154 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Jun 2019, the latest four quarters added.

₹ croreMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Jun 2019Twelve months
Revenue from operations1312252613444304884532842195853
1232032253023804304092905936557
Materials and goods bought–1962042713473963792622484440
Employee costs––3811121111–77
Other expenses––182322221918–1511
Operating profit before depreciation8223642505744−6−374−7−4
Operating margin6.4%10.0%13.9%12.3%11.7%11.8%9.8%−2.0%−170.6%−12.7%−7.8%
Materials, % of revenue––78.0%78.8%80.6%81.2%83.6%92.0%–75.5%75.1%
Employee costs, % of revenue––1.3%2.4%2.6%2.5%2.5%3.7%–11.5%12.6%
Other expenses, % of revenue––6.8%6.6%5.2%4.6%4.2%6.2%–25.6%20.1%
Depreciation and amortisation181011119108876
Operating profit after depreciation7152631394835−14−382−14−10
Other income–––––––1000
Finance costs310212326343428200
Profit before one-off items and tax446813141−41−383−14−10
One-off items–––––––––−19−19
Profit before tax446813141−41−383−33−29
113248311−4−4
Net profit342697−2−42−384−29−25
Net margin2.4%1.6%0.9%1.8%2.1%1.4%−0.3%−14.8%−175.5%−50.5%−47.5%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2010, Mar 2011 and Mar 2018 they do not, so they are left blank.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019
−409
Share capital8
Reserves−417
Borrowings250
472
25
Total assets89
Assets held for longer than a year55
34
Net debt249
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Earnings per share₹2.83₹7.36₹11.22₹8.19−₹1.90–−₹468.53−₹35.78
Diluted earnings per share₹2.83₹7.36₹11.22₹8.19−₹1.90––−₹35.78
Book value per share–––––––−₹498.37
Market cap at the year end (₹ crore)36.123.324.647.730.1––1.4

Ratios

Standalone, years to March.

RatioMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth59.6%71.8%16.0%31.8%24.9%13.5%−7.1%−37.3%–−73.5%
Operating profit growth117.0%167.0%61.6%16.8%18.2%14.6%−22.8%–––
Net profit growth594.4%10.4%−34.3%160.1%52.5%−27.0%––––
Earnings per share growth–––160.1%52.4%−27.0%––––
Return on equity–––––––––7.2%
Interest cover2.21.41.31.41.51.41.0–––
Receivable days–––––––––162
Inventory days–––––––––8
Payable days–––––––––1,282
Cash conversion cycle, days–––––––––−1,112
Working capital days–––––––––−1,194
Asset turnover–––––––––0.65
Assets per rupee of net worth–––––––––−0.22
Sales per rupee of plant–––––––––1.05
Interest cover is left blank for the years to Mar 2017 and Mar 2018: operating profit after depreciation is a loss, and a loss covers no interest bill. Revenue growth is left blank for the year to Mar 2018: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. Debt to equity is left blank for the year to Mar 2019: net worth is below zero, so there is no shareholders' money to set the borrowings against. Return on capital employed is left blank for the year to Mar 2019: net worth and borrowings together come to nought or less, so there is no money employed to set the operating profit against. No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2019.

Return on assets, latest year
−33.0%
Measure10 years5 years3 years
Operating margin, average−10.9%−32.7%−61.7%
Net margin, average−23.1%−47.9%−80.2%

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Altman Z-scorePublished threshold 1.81–––––––––−13.05
Effective tax ratePublished threshold 17.16 per cent16.9918.5058.0726.0928.4652.76251.56–––
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2019 the company reports one business segment, Aluminium, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2019, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−81.8%––0.0%
3 years−64.1%––0.0%
5 years−43.7%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Gujarat Foils share price by year

Each calendar year to 2019.

YearClose at year endChangeHighest closeLowest close
20191.32−37.7%2.121.30
20182.12−81.8%16.902.12
201711.65−42.2%27.509.80
201620.15−62.0%57.3519.75
201553.05−20.7%76.2540.10
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2019 close is its last trade, on 3 Dec 2019.

Recent sessions

The 10 trading days to 3 Dec 2019, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
3 Dec 20191.321.321.321.321.321
2 Dec 20191.321.321.321.321.321
29 Nov 20191.301.301.301.301.3050
26 Nov 20191.331.331.331.331.33701
25 Nov 20191.331.331.331.331.331,800
22 Nov 20191.531.531.391.391.452,980
21 Nov 20191.461.461.461.461.46500
20 Nov 20191.531.531.531.531.532,320
15 Nov 20191.611.611.611.611.61319
14 Nov 20191.691.691.691.691.69161
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
531410
ISIN
INE587F01017
Industry
Non - Ferrous Metals
CIN
L28999GJ1992PLC018570
Corporate identity number, the registrar of companies' code for it
Incorporated
1992
Registered office
Plot No 3436 - 3439, Phase IV, Chhatral GIDC, Tal - Kalol, Gandhi Nagar 382729, Gujarat
Share registrar
Link Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments