Gujarat Fluorochemic

₹3261.7 69.4 | 2.2%

WEBSITE BSE:542812 NSE : FLUOROCHEM 10 May, 16:01

Market Cap ₹35829 Cr.

Stock P/E 82.4

P/B 6

Current Price ₹3261.7

Book Value ₹ 540.4

Face Value 1

52W High ₹3920

Dividend Yield 0.09%

52W Low ₹ 2550

Edit Ratio

Gujarat Fluorochemic Research see more...

Overview Inc. Year: 2018Industry: Chemicals

Gujarat Fluorochemicals Ltd is an India-based chemicals employer engaged in manufacturing fluoropolymers, fluorospecialities, refrigerants and chemical compounds. The Company's products classes consist of fluoropolymers, specialty fluorintermediates, refrigerant gases and commodity chemical compounds. It gives polytetrafluoroethylene (PTFE) resins underneath the brand name INOFLON. Its fluoropolymers products consist of granular PTFE, fine powder PTFE and aqueous dispersion PTFE. Refrigerant gases manufacturer of HCFC 22 in India, and dealer for original equipment manufacturer (OEM) and carrier global. It also gives a range of packages, which include HCFC 22, HFC 125, HCFC 32, HFC 134a, HFC 410a (mixture of R 125 and R 32) and HFC 407c (Blend of 125, R 32 and R 134a). The Company is a manufacturer of industrial and critical chemical compounds for the pharmaceutical, agrochemical and plastic sectors.

Gujarat Fluorochemic Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Gujarat Fluorochemic Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	1004	1074	1334	1461	1418	1471	1209	947	992	1133
Other Income	34	37	40	24	21	33	26	14	13	27
Total Income	1038	1111	1374	1486	1439	1505	1235	960	1005	1160
Total Expenditure	691	753	889	926	895	957	872	784	786	904
Operating Profit	347	358	485	560	545	548	362	177	219	256
Interest	20	13	21	23	38	35	28	34	37	34
Depreciation	52	52	55	57	60	64	66	68	72	81
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	275	293	409	480	446	449	269	75	110	141
Provision for Tax	74	74	106	123	116	117	68	22	30	40
Profit After Tax	201	219	303	357	331	332	201	53	80	101
Adjustments	3	3	3	4	-1	-0	0	0	0	0
Profit After Adjustments	205	222	306	361	329	332	201	53	80	101
Adjusted Earnings Per Share	18.6	20.2	27.9	32.9	30	30.2	18.3	4.8	7.3	9.2

Gujarat Fluorochemic Profit & Loss

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	2606	2650	3954	5685	4281
Other Income	216	207	162	173	80
Total Income	2823	2858	4115	5858	4360
Total Expenditure	2167	2061	2786	3720	3346
Operating Profit	655	797	1329	2138	1014
Interest	105	113	78	117	133
Depreciation	192	202	205	236	287
Exceptional Income / Expenses	-26	0	0	0	0
Profit Before Tax	332	482	1045	1785	595
Provision for Tax	143	704	269	462	160
Profit After Tax	189	-222	776	1323	435
Adjustments	7	3	11	6	0
Profit After Adjustments	196	-219	787	1329	435
Adjusted Earnings Per Share	17.9	-19.9	71.7	121	39.6

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	44%	30%	0%	0%
Operating Profit CAGR	61%	48%	0%	0%
PAT CAGR	70%	91%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-1%	57%	NA%	NA%
ROE Average	27%	14%	12%	12%
ROCE Average	30%	21%	17%	17%

Gujarat Fluorochemic Balance Sheet

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	3716	3493	4255	5521
Minority's Interest	-11	-14	-25	0
Borrowings	479	392	435	183
Other Non-Current Liabilities	-198	309	306	328
Total Current Liabilities	1843	1789	1906	2339
Total Liabilities	5828	5969	6878	8371
Fixed Assets	2404	2357	2507	3108
Other Non-Current Assets	1498	1688	1932	1765
Total Current Assets	1927	1904	2438	3471
Total Assets	5828	5969	6878	8371

Gujarat Fluorochemic Cash Flow

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	17	12	26
Cash Flow from Operating Activities	546	616	741	739
Cash Flow from Investing Activities	-1192	-373	-584	-476
Cash Flow from Financing Activities	622	-248	-144	-264
Net Cash Inflow / Outflow	-24	-5	14	-2
Closing Cash & Cash Equivalent	17	12	26	24

Gujarat Fluorochemic Ratios

#	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	17.87	-19.91	71.66	120.97
CEPS(Rs)	34.75	-1.77	89.33	141.93
DPS(Rs)	0	0	4	4
Book NAV/Share(Rs)	338.24	317.96	387.36	502.57
Core EBITDA Margin(%)	16.76	22.16	29.45	34.49
EBIT Margin(%)	16.68	22.37	28.35	33.39
Pre Tax Margin(%)	12.68	18.13	26.37	31.33
PAT Margin (%)	7.23	-8.33	19.57	23.23
Cash Profit Margin (%)	14.57	-0.73	24.76	27.37
ROA(%)	3.25	-3.76	12.08	17.35
ROE(%)	5.1	-6.15	20.03	27.07
ROCE(%)	8.04	11.32	20.65	29.71
Receivable days	78.68	84.52	66.54	60.4
Inventory Days	113.24	115.05	83.39	77.95
Payable days	176.08	187.04	156.77	152.07
PER(x)	16.23	0	38.35	24.93
Price/Book(x)	0.86	1.81	7.1	6
Dividend Yield(%)	0	0	0.15	0.13
EV/Net Sales(x)	1.87	2.97	7.99	6.06
EV/Core EBITDA(x)	7.46	9.89	23.77	16.11
Net Sales Growth(%)	0	1.69	49.16	43.78
EBIT Growth(%)	0	36.17	88.87	69.24
PAT Growth(%)	0	-217.01	450.24	70.53
EPS Growth(%)	0	-211.4	459.93	68.8
Debt/Equity(x)	0.46	0.45	0.36	0.27
Current Ratio(x)	1.05	1.06	1.28	1.48
Quick Ratio(x)	0.6	0.58	0.78	0.85
Interest Cover(x)	4.17	5.28	14.33	16.28
Total Debt/Mcap(x)	0.54	0.25	0.05	0.04

Gujarat Fluorochemic Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	66.35	66.08	66.08	66.08	63.81	63.81	63.81	63.81	63.81	63.81
FII	3.78	4.19	4.1	4.99	5.75	4.85	6.44	4.82	4.58	4.51
DII	4.05	4.3	4.25	3.9	4.25	5.87	5.87	7.68	8.6	8.77
Public	25.82	25.43	25.57	25.03	26.19	25.47	23.89	23.7	23.02	22.91
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	7.29	7.26	7.26	7.26	7.01	7.01	7.01	7.01	7.01	7.01
FII	0.42	0.46	0.45	0.55	0.63	0.53	0.71	0.53	0.5	0.5
DII	0.44	0.47	0.47	0.43	0.47	0.65	0.64	0.84	0.94	0.96
Public	2.84	2.79	2.81	2.75	2.88	2.8	2.62	2.6	2.53	2.52
Others	0	0	0	0	0	0	0	0	0	0
Total	10.99	10.99	10.99	10.99	10.99	10.99	10.99	10.99	10.99	10.99

Pros

Debtor days have improved from 156.77 to 152.07days.
Company has reduced debt.
Company is almost debt free.

Cons

Company has a low return on equity of 14% over the last 3 years.
Stock is trading at 6 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.