Gujarat Fluorochemicals Ltd

Gujarat Fluorochemicals Ltd: CMP: 145 Target Price: 200, Return 25%
In year 1987, The Company was promoted jointly by Industrial Oxygen Co. Ltd. along with its subsidiary, a part of the Siddho Mal Group and Gujarat Industrial Investment Corporation, Ltd. (GIIC). - The Company entered into technical collaboration agreements with Stearns Catalytic division, a division of United Engineers & Constructions Inc. U.S.A. (A Raytheon Company). Stearns have back to back agreements with Pennwalt Corpn. U.S.A. and Stauffer Chemicals Corporation U.S.A. for licences for technology transfer. In year 2000 -Inox Leasing and Finance Ltd has proposed to acquire 8 77 900 equity shares of the company from Gujarat Industrial Investment Corpn. Ltd (7.58 per cent) at Rs. 134 per share. The promoters of the Rs 500 crore Inox Group, suppliers of industrial gases, has diversified into destination leisure and entertainment business. Board of director
Nowhere growth lies is Carbon credit & carbon trading.
Key Financial Highlights:
Year-on Year basis- Mar’09 Audited
Adjusted E P S (Rs.) 1.31
Adjusted Cash EPS (Rs.) 2.04
Dividend Per Share 0.30
Operating Profit Per Share (Rs.) 3.39
Book Value (Incl Rev Res) Per Share (Rs.) 10.19
Net Operating Income Per Share (Rs.) 47.20
PROFITABILITY RATIOS
Operating Margin (%) 7.18
Net Profit Margin (%) 2.15
Adjusted Return On Net Worth (%) 15.19
Return On long Term Funds (%) 24.92
LEVERAGE RATIOS
Long Term Debt / Equity 0.24
Total Debt/Equity 0.73
Sales gwth: 32%,
Dividend %: 30%= .30paise per share.
Qtr-Qtr Basis: Mar’09 compared to Mar’08
Sales gwth: 29% (current qtr 283 , prev qtr 219)
Operating margin: 47% (up by 200bps= prev qtr 45.39%)
Net profit margin: 31% (prev qtr 45%)
Net profit (current qtr 92 , prev qtr 101)
Face Value: 1,
Group B,
Industry type: Industrial Gas.
Do visit company website for more info.
http://www.gfl.co.in/
thanks Prashant for this detailed analysis
ReplyDeletewhy is this scrip on fire today BSE - 169.00 +19.15 +12.78% - Sept 1 2009? any good news?
ReplyDeleteyes news is out that they have been issued CERS which works out to be Rs 18 per share
ReplyDelete