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Guj. Petrosynthese Overview

1. Business Overview

Gujarat Petrosynthese Ltd. (GUJ.PETRO) operates within the Plastic Products sector and industry. Based on its name ("Petrosynthese"), the company is likely involved in the manufacturing of synthetic plastic products, potentially specializing in specific polymers or compounds derived from petrochemicals. Its core business model involves producing these plastic products and selling them to industrial customers, other businesses, or possibly direct consumers. The company generates revenue through the sale of these manufactured plastic goods.

2. Key Segments / Revenue Mix

Specific details regarding Gujarat Petrosynthese Ltd.'s revenue mix and key business segments are not publicly available in this context. However, typically in the plastic products industry, companies may segment their operations by product type (e.g., films, sheets, molded components, pipes, granules), by application (e.g., packaging, automotive, construction, agriculture), or by customer industry. Given "Petrosynthese" in its name, there might be a focus on specialty synthetic materials or processes.

3. Industry & Positioning

The Indian plastic products industry is generally fragmented, comprising a mix of large, integrated players and numerous small-to-medium enterprises. It is largely driven by demand from diverse end-user sectors such as packaging, automotive, construction, agriculture, and consumer goods. Without specific market share data, Gujarat Petrosynthese Ltd. is likely a participant within this competitive landscape, possibly serving niche industrial requirements or specific regional markets given its name "Gujarat." Its positioning would depend on its product specialization, manufacturing capabilities, and customer base.

4. Competitive Advantage (Moat)

Without specific details, potential competitive advantages for Gujarat Petrosynthese Ltd. could stem from:

Specialized Manufacturing/Process Know-how: Expertise in synthesizing specific polymers or producing specialized plastic products ("Petrosynthese" suggests this).

Cost Efficiency: Achieved through scale of operations, efficient manufacturing processes, or favorable raw material sourcing relationships.

Customer Relationships: Strong, long-standing relationships with industrial clients who rely on their specific products.

Product Differentiation: Offering unique formulations or higher quality products compared to competitors.

5. Growth Drivers

Key factors that could drive growth for Gujarat Petrosynthese Ltd. over the next 3-5 years include:

Economic Growth: India's overall economic expansion and rising disposable incomes driving demand across various end-user industries.

Growth in End-User Sectors: Increased demand from packaging, automotive, construction, and consumer goods sectors, which are major consumers of plastic products.

Infrastructure Development: Government spending on infrastructure projects (e.g., pipes, construction materials) boosting demand.

Product Innovation/Diversification: Developing new synthetic products or applications to meet evolving market needs or substitute imports.

Export Opportunities: Tapping into international markets for specialized plastic products.

6. Risks

Gujarat Petrosynthese Ltd. faces several risks common to the plastic products industry:

Raw Material Price Volatility: Significant fluctuations in the prices of petrochemical derivatives (e.g., crude oil, monomers) directly impact production costs and margins.

Environmental Regulations: Increasing scrutiny and regulations on plastic usage, waste management, and single-use plastics can impact demand, production methods, and compliance costs.

Competition: Intense competition from both domestic and international players can lead to pricing pressures and reduced market share.

Economic Downturn: A slowdown in key end-user industries could reduce demand for plastic products.

Technological Obsolescence: Failure to adopt new manufacturing technologies or develop sustainable alternatives could hinder competitiveness.

7. Management & Ownership

As is common for many Indian companies, Gujarat Petrosynthese Ltd. is likely promoter-led, meaning the founding family or group maintains significant control and strategic direction. Information regarding the specific quality of the management team or detailed ownership structure beyond a promoter-led model is not available in this context. Typically, Indian companies have a mix of promoter holdings, institutional investors, and public shareholders.

8. Outlook

Gujarat Petrosynthese Ltd. operates in a sector with inherent growth potential driven by India's economic expansion and increasing consumption across various industries. The "Petrosynthese" aspect suggests a potential specialization which, if leveraged effectively, could provide resilience against commoditization. However, the company faces significant challenges from raw material price volatility, increasing environmental regulations on plastics, and intense competition. Its ability to innovate, manage costs efficiently, and navigate the evolving regulatory landscape will be critical for sustained performance. A balanced view suggests that while the demand drivers are strong, the operational and regulatory risks require vigilant management.

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Guj. Petrosynthese Key Financials

Market Cap ₹35 Cr.

Stock P/E 23.7

P/B 0.7

Current Price ₹58

Book Value ₹ 87.6

Face Value 10

52W High ₹81.5

Dividend Yield 0%

52W Low ₹ 51.5

Guj. Petrosynthese Share Price

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Volume
Price

Guj. Petrosynthese Quarterly Price

Show Value Show %

Guj. Petrosynthese Peer Comparison

Guj. Petrosynthese Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 3 3 4 4 4 5 5 4 7 6
Other Income 1 1 1 1 1 1 1 1 1 1
Total Income 4 4 5 5 5 5 6 5 8 7
Total Expenditure 4 4 4 4 4 5 5 5 7 6
Operating Profit 0 0 1 0 1 1 1 0 1 1
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 1 0 1 1 1 0 1 0
Provision for Tax -0 -0 1 -0 0 0 0 0 0 0
Profit After Tax 1 0 -0 1 1 0 1 0 1 0
Adjustments 0 0 0 0 0 -0 0 -0 0 -0
Profit After Adjustments 1 0 -0 1 1 0 1 0 1 0
Adjusted Earnings Per Share 1.2 0.2 -0.2 0.9 0.9 0.8 1 0.5 1.7 0.7

Guj. Petrosynthese Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 9 11 18 19 22 20 19 30 20 14 17 22
Other Income 1 0 0 0 0 0 1 2 3 3 3 4
Total Income 10 11 18 19 22 21 20 32 22 17 20 26
Total Expenditure 10 13 20 21 24 21 20 29 20 15 18 23
Operating Profit -0 -1 -2 -2 -1 -1 -0 3 2 2 3 3
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 1 1 3 2 0 2 6 0 -0 0 0 0
Profit Before Tax -0 0 0 0 -1 1 5 2 2 1 2 2
Provision for Tax 0 0 0 -1 -0 -0 -0 1 1 -0 1 0
Profit After Tax -0 -0 0 1 -1 1 5 2 1 2 1 2
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 -0 0 1 -1 1 5 2 1 2 1 2
Adjusted Earnings Per Share -0.8 -0.5 0.7 1 -1.8 2.5 8.4 3.2 2.3 2.8 2.4 3.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 21% -17% -3% 7%
Operating Profit CAGR 50% 0% 0% 0%
PAT CAGR -50% -21% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -8% 17% 9% 14%
ROE Average 3% 3% 7% 3%
ROCE Average 5% 4% 8% 4%

Guj. Petrosynthese Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 19 21 21 22 21 22 27 45 47 48 50
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 1 1 -0 -0 -0 -1 1 1 0 1
Total Current Liabilities 2 2 2 2 2 1 2 2 2 2 3
Total Liabilities 21 23 24 24 22 23 28 48 50 51 53
Fixed Assets 4 4 4 2 2 2 2 2 2 3 3
Other Non-Current Assets 6 10 14 16 12 8 13 37 23 39 39
Total Current Assets 11 9 5 6 8 13 14 9 25 9 11
Total Assets 21 23 24 24 22 23 28 48 50 51 53

Guj. Petrosynthese Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 1 1 2 1 1 1 1 1 2
Cash Flow from Operating Activities -2 3 -2 -1 0 1 3 -2 -3 -4 -3
Cash Flow from Investing Activities 1 -4 2 2 -0 3 -3 2 2 1 3
Cash Flow from Financing Activities 1 2 -0 0 -1 -0 0 -0 -0 -0 -0
Net Cash Inflow / Outflow 0 1 -0 1 -1 5 0 0 -0 -3 -1
Closing Cash & Cash Equivalent 0 1 1 2 1 6 1 1 1 -1 1

Guj. Petrosynthese Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.8 -0.52 0.75 1.05 -1.83 2.5 8.4 3.25 2.32 2.78 2.45
CEPS(Rs) 0.04 0.02 1.2 1.43 -1.44 2.92 8.7 3.61 2.74 3.23 3.02
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 31.52 34.54 35.29 36.33 34.5 37 45.4 76.09 78.41 81.19 83.63
Core EBITDA Margin(%) -18.18 -12.47 -12.74 -9.49 -6.51 -5.27 -5.56 2.63 -0.98 -9.88 -3.86
EBIT Margin(%) -4.95 0.82 2.72 0.32 -6.22 7.23 25.64 8.18 10.11 9.46 13.13
Pre Tax Margin(%) -4.97 0.79 2.7 0.27 -6.35 7.21 25.64 8.15 10.07 9.33 13.06
PAT Margin (%) -5.45 -2.79 2.51 3.3 -4.96 7.38 25.92 6.45 7.09 11.99 8.63
Cash Profit Margin (%) 0.26 0.1 4.04 4.5 -3.9 8.62 26.84 7.17 8.37 13.92 10.64
ROA(%) -2.23 -1.4 1.9 2.63 -4.75 6.59 19.61 5.08 2.83 3.3 2.81
ROE(%) -2.56 -1.58 2.13 2.92 -5.17 6.99 20.39 5.34 3 3.48 2.97
ROCE(%) -2.29 0.46 2.3 0.28 -6.4 6.84 20.17 6.77 4.28 2.75 4.52
Receivable days 80.82 66.1 43.19 36.65 32.34 36.95 39.64 36.7 83.44 97.99 59.73
Inventory Days 14.32 13.99 11.06 10.71 8.94 12.3 14.55 10.21 16.65 23.57 19.11
Payable days 67.78 62.91 35.09 28.75 28.29 29.47 29.36 24.43 41.43 55.43 48.59
PER(x) 0 0 25.89 20.86 0 2.24 3.88 12.54 12.93 17.5 25.09
Price/Book(x) 0.46 0.43 0.55 0.6 0.64 0.15 0.72 0.53 0.38 0.6 0.73
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.91 0.68 0.62 0.6 0.54 -0.13 0.95 0.77 0.88 1.99 2.11
EV/Core EBITDA(x) -16.65 -7.04 -5.35 -6.76 -10.4 4.44 -41.83 8.64 7.32 17.46 13.92
Net Sales Growth(%) -2.17 27.47 58.86 6.66 16.82 -8.44 -4.26 55.19 -34.87 -29.19 22.22
EBIT Growth(%) 48.97 121.17 424.57 -87.34 -2346.48 206.4 239.68 -50.49 -19.55 -33.73 69.69
PAT Growth(%) -4.43 34.81 242.69 40.21 -275.34 236.32 236.23 -61.35 -28.5 19.78 -12
EPS Growth(%) 1.26 34.81 242.69 40.21 -275.34 236.32 236.22 -61.35 -28.5 19.79 -12
Debt/Equity(x) 0 0 0.01 0.03 0 0 0 0 0 0 0
Current Ratio(x) 5.88 4.26 2.72 2.6 3.87 9.7 7.25 3.99 10.35 4.79 4.28
Quick Ratio(x) 5.7 4.02 2.44 2.35 3.62 9.08 6.88 3.55 10.02 4.28 3.98
Interest Cover(x) -206.95 24.21 102.68 5.99 -49.02 442.55 3543.36 229.52 274.4 77.47 191.52
Total Debt/Mcap(x) 0 0 0.02 0.05 0 0 0 0 0 0 0

Guj. Petrosynthese Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 51.16 51.18 51.19 51.19 51.35 51.71 51.81 52.05 52.37 52.86
FII 0 0 0 0 0 0 0 0 0 0
DII 11.6 10.68 10.56 10.24 9.29 9.29 9.29 9.29 9.29 8.98
Public 37.24 38.14 38.25 38.57 39.36 39 38.9 38.65 38.34 38.16
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Guj. Petrosynthese News

Guj. Petrosynthese Pros & Cons

Pros

  • Stock is trading at 0.7 times its book value
  • Debtor days have improved from 55.43 to 48.59days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 3% over the last 3 years.
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