Gopal Iron & Steels Co.(Gujarat) Ltd
Incorporated in 1994, Gopal Iron & Steels Co. (Gujarat) Limited (GISCO) is a manufacturer of Structural Steels, Bars, ERW Tube / Pipes and other iron and steel items.
- Market Cap ₹ 3.88 Cr.
- Current Price ₹ 7.86
- High / Low ₹ 11.4 / 4.88
- Stock P/E 64.5
- Book Value ₹ 1.85
- Dividend Yield 0.00 %
- ROCE 9.85 %
- ROE 16.4 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.17 times its book value
- The company has delivered a poor sales growth of -26.7% over past five years.
- Promoter holding is low: 26.5%
- Company has a low return on equity of -14.0% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 484 days.
- Promoter holding has decreased over last 3 years: -27.8%
* 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.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
36.31 | 72.42 | 36.72 | 14.81 | 8.20 | 5.71 | 5.19 | 3.12 | 3.59 | 0.00 | 0.13 | 1.10 | 4.60 | |
33.03 | 68.22 | 32.66 | 12.82 | 8.15 | 9.65 | 5.63 | 6.45 | 3.92 | 0.17 | 0.30 | 1.15 | 4.61 | |
Operating Profit | 3.28 | 4.20 | 4.06 | 1.99 | 0.05 | -3.94 | -0.44 | -3.33 | -0.33 | -0.17 | -0.17 | -0.05 | -0.01 |
OPM % | 9.03% | 5.80% | 11.06% | 13.44% | 0.61% | -69.00% | -8.48% | -106.73% | -9.19% | -130.77% | -4.55% | -0.22% | |
0.36 | 0.65 | 0.08 | 0.06 | 0.11 | 0.09 | -1.01 | 13.56 | -1.95 | 0.00 | 0.00 | 0.18 | 0.07 | |
Interest | 1.81 | 3.31 | 3.59 | 3.21 | 2.65 | 3.85 | 2.69 | 0.04 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.82 | 1.13 | 1.14 | 1.23 | 1.44 | 1.44 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Profit before tax | 1.01 | 0.41 | -0.59 | -2.39 | -3.93 | -9.14 | -4.14 | 10.19 | -2.28 | -0.22 | -0.17 | 0.13 | 0.06 |
Tax % | -6.93% | 100.00% | -23.73% | -4.60% | 2.80% | 1.64% | -3.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
1.09 | 0.01 | -0.73 | -2.50 | -3.82 | -8.99 | -4.28 | 10.19 | -2.28 | -0.22 | -0.17 | 0.13 | 0.06 | |
EPS in Rs | 2.22 | 0.02 | -1.48 | -5.08 | -7.77 | -18.28 | -8.70 | 20.72 | -4.64 | -0.45 | -0.35 | 0.26 | 0.12 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -34% |
5 Years: | -27% |
3 Years: | -33% |
TTM: | 785% |
Compounded Profit Growth | |
---|---|
10 Years: | 29% |
5 Years: | 15% |
3 Years: | 34% |
TTM: | 500% |
Stock Price CAGR | |
---|---|
10 Years: | -3% |
5 Years: | % |
3 Years: | 12% |
1 Year: | 6% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -14% |
Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 | 4.92 |
Reserves | 7.08 | 7.09 | 6.37 | 3.87 | 0.05 | -8.94 | -13.22 | -3.03 | -5.31 | -4.03 | -4.19 | -4.06 | -4.01 |
20.91 | 23.90 | 25.88 | 27.22 | 29.52 | 27.86 | 26.16 | 1.24 | 0.81 | 0.51 | 0.53 | 0.52 | 0.56 | |
12.78 | 19.16 | 8.91 | 5.07 | 5.32 | 7.94 | 10.44 | 11.86 | 2.63 | 1.15 | 1.34 | 1.38 | 1.24 | |
Total Liabilities | 45.69 | 55.07 | 46.08 | 41.08 | 39.81 | 31.78 | 28.30 | 14.99 | 3.05 | 2.55 | 2.60 | 2.76 | 2.71 |
18.74 | 18.00 | 16.89 | 15.67 | 14.22 | 12.78 | 10.97 | 7.68 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
26.95 | 37.07 | 29.19 | 25.41 | 25.59 | 19.00 | 17.33 | 7.31 | 2.82 | 2.32 | 2.37 | 2.53 | 2.48 | |
Total Assets | 45.69 | 55.07 | 46.08 | 41.08 | 39.81 | 31.78 | 28.30 | 14.99 | 3.05 | 2.55 | 2.60 | 2.76 | 2.71 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.65 | 1.05 | -0.33 | 1.94 | 0.26 | 5.40 | 1.15 | 19.03 | 3.34 | 0.18 | -0.02 | 0.06 | |
-8.55 | -0.43 | -0.01 | 0.02 | 0.05 | 0.01 | 0.80 | 6.00 | -2.97 | 0.00 | 0.00 | 0.00 | |
5.05 | -0.33 | -0.13 | -1.81 | -0.36 | -5.50 | -1.98 | -24.96 | -0.43 | -0.20 | 0.02 | -0.02 | |
Net Cash Flow | 0.15 | 0.29 | -0.47 | 0.15 | -0.04 | -0.09 | -0.04 | 0.07 | -0.06 | -0.02 | 0.00 | 0.05 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 83.23 | 127.51 | 135.68 | 232.65 | 509.66 | 671.83 | 655.45 | 298.32 | 186.06 | 3,818.46 | 484.45 | |
Inventory Days | 207.43 | 49.63 | 174.86 | 513.29 | 706.24 | 382.65 | 493.56 | 326.13 | 0.00 | 0.00 | 0.00 | |
Days Payable | 139.01 | 98.66 | 80.33 | 78.73 | 147.46 | 83.71 | 103.44 | 43.61 | ||||
Cash Conversion Cycle | 151.65 | 78.48 | 230.21 | 667.21 | 1,068.44 | 970.78 | 1,045.57 | 580.84 | 186.06 | 3,818.46 | 484.45 | |
Working Capital Days | 135.51 | 85.13 | 211.62 | 525.44 | 943.21 | 770.91 | 556.29 | -421.15 | 122.01 | 1,909.23 | 248.86 | |
ROCE % | 9.88% | 10.81% | 8.21% | 2.24% | -3.63% | -18.14% | -2.11% | -30.97% | -18.59% | -18.68% | -12.78% | 9.85% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Apr - Certificate under Reg 74(5) of SEBI (DP) Regulation 2018, for the quarter ended on 31st march 2024.
- Closure of Trading Window 22 Mar
-
Appointment of Company Secretary and Compliance Officer
16 Feb - DISCLOSURE AS PER REG 30 OF SEBI(LODR) REGULATIONS, 2015.
- Board Meeting Outcome for OUTCOME OF MEETING OF Board HELD ON 16TH FEBRUARY, 2024 16 Feb
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Feb - Copy of Advertisement given in newspaper of unaudited financial results for the quarter ended on 31st December, 2023 in compliance of Regulation 47 of SEBI …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2008
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Product Portfolio:[1]
a) Tube Mill Products (S.S.,M.S.,Galvanized)
ERW Pipe/Tube ( SHS/ RHS/ CHS )
ERW Galvanized/S.S./C.R. Pipe/Tube ( RHS/ SHS/ CHS )
HR / CR / SS / Galvanized Coils, strips & sheets/plates
b) Wind Turbine Generating Farm (Wind Mill)
Green Power Generation
c) Rolling Mill Products
Channels
Round Bars (MS/SS)
Square Bars (MS/SS)
Flat Bars (MS/SS)
Beams
Angles