Gujarat Hy-Spin Ltd
₹ 21.4
-0.65%
23 May
- close price
About
Incorporated in 2011, Gujarat Hy-Spin Ltd manufactures cotton and other specialised yarns.[1]
Key Points
- Market Cap ₹ 35.9 Cr.
- Current Price ₹ 21.4
- High / Low ₹ 25.0 / 9.50
- Stock P/E 359
- Book Value ₹ 11.4
- Dividend Yield 0.00 %
- ROCE 4.09 %
- ROE 0.52 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 33.0 to 25.6 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.47% over last 3 years.
- Earnings include an other income of Rs.2.41 Cr.
* 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: Textiles Industry: Textiles - Cotton/Blended
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12.50 | 1.89 | 51.75 | 51.88 | 54.30 | 62.95 | 47.43 | 49.77 | 69.45 | 60.80 | 91.76 | 92.56 | |
12.64 | 1.81 | 42.74 | 43.29 | 47.46 | 56.78 | 44.52 | 47.83 | 66.96 | 59.83 | 91.21 | 92.18 | |
Operating Profit | -0.14 | 0.08 | 9.01 | 8.59 | 6.84 | 6.17 | 2.91 | 1.94 | 2.49 | 0.97 | 0.55 | 0.38 |
OPM % | -1.12% | 4.23% | 17.41% | 16.56% | 12.60% | 9.80% | 6.14% | 3.90% | 3.59% | 1.60% | 0.60% | 0.41% |
0.00 | 0.00 | 0.14 | 0.17 | 0.12 | 0.10 | 3.14 | 3.82 | 1.85 | 2.02 | 2.58 | 2.41 | |
Interest | 0.00 | 0.00 | 2.61 | 3.15 | 2.62 | 2.88 | 3.13 | 3.07 | 1.75 | 1.35 | 1.12 | 1.03 |
Depreciation | 0.00 | 0.00 | 6.49 | 5.56 | 4.06 | 3.34 | 2.74 | 2.40 | 2.16 | 2.31 | 1.86 | 1.63 |
Profit before tax | -0.14 | 0.08 | 0.05 | 0.05 | 0.28 | 0.05 | 0.18 | 0.29 | 0.43 | -0.67 | 0.15 | 0.13 |
Tax % | -7.14% | -25.00% | 40.00% | 0.00% | -42.86% | -100.00% | -27.78% | 58.62% | 32.56% | -19.40% | -13.33% | 23.08% |
-0.13 | 0.09 | 0.04 | 0.05 | 0.40 | 0.09 | 0.23 | 0.11 | 0.29 | -0.54 | 0.17 | 0.10 | |
EPS in Rs | -2.60 | 0.36 | 0.02 | 0.03 | 0.24 | 0.05 | 0.14 | 0.07 | 0.17 | -0.32 | 0.10 | 0.06 |
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: | % |
5 Years: | 14% |
3 Years: | 10% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -15% |
3 Years: | -30% |
TTM: | -41% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 60% |
3 Years: | 28% |
1 Year: | 99% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | 0% |
Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.50 | 2.50 | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 |
Reserves | -0.13 | 1.46 | 0.62 | 1.84 | 1.91 | 2.01 | 2.24 | 2.35 | 2.64 | 2.10 | 2.26 | 2.36 |
0.12 | 0.40 | 40.61 | 36.61 | 31.11 | 27.92 | 22.91 | 20.79 | 13.87 | 11.29 | 9.74 | 8.91 | |
1.07 | 0.70 | 3.64 | 1.63 | 5.16 | 6.34 | 10.87 | 4.23 | 4.35 | 3.99 | 6.88 | 5.07 | |
Total Liabilities | 1.56 | 5.06 | 61.62 | 56.83 | 54.93 | 53.02 | 52.77 | 44.12 | 37.61 | 34.13 | 35.63 | 33.09 |
0.00 | 0.01 | 33.01 | 27.60 | 23.62 | 20.30 | 17.56 | 15.17 | 14.83 | 13.51 | 12.02 | 11.06 | |
CWIP | 0.01 | 2.98 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.74 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.06 | 0.00 |
1.55 | 2.07 | 28.61 | 29.23 | 31.31 | 32.72 | 35.21 | 28.95 | 22.78 | 20.52 | 23.55 | 21.29 | |
Total Assets | 1.56 | 5.06 | 61.62 | 56.83 | 54.93 | 53.02 | 52.77 | 44.12 | 37.61 | 34.13 | 35.63 | 33.09 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6.50 | 7.47 | 4.81 | 8.34 | 5.29 | 10.11 | 4.52 | 2.88 | 3.27 | ||||
0.07 | 0.04 | 1.30 | 0.01 | 0.01 | -1.69 | -0.99 | 0.00 | -1.44 | ||||
-6.68 | -7.53 | -6.07 | -7.95 | -5.17 | -8.69 | -3.89 | -2.69 | -1.87 | ||||
Net Cash Flow | -0.10 | -0.02 | 0.03 | 0.41 | 0.13 | -0.28 | -0.37 | 0.20 | -0.04 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 1.17 | 0.00 | 94.37 | 81.19 | 98.61 | 108.43 | 127.52 | 112.35 | 81.99 | 42.50 | 31.03 | 25.59 |
Inventory Days | 26.03 | 0.00 | 111.36 | 148.93 | 115.46 | 93.72 | 142.65 | 102.43 | 33.20 | 76.24 | 60.26 | 53.09 |
Days Payable | 28.37 | 18.95 | 13.41 | 27.15 | 33.89 | 25.50 | 24.11 | 24.08 | 17.47 | 24.40 | 19.97 | |
Cash Conversion Cycle | -1.17 | 0.00 | 186.78 | 216.72 | 186.92 | 168.26 | 244.67 | 190.67 | 91.11 | 101.27 | 66.88 | 58.72 |
Working Capital Days | -3.80 | -104.29 | 164.97 | 143.31 | 130.14 | 112.72 | 130.67 | 172.64 | 91.66 | 95.33 | 62.77 | 59.55 |
ROCE % | 3.30% | 5.65% | 5.53% | 6.08% | 7.47% | 8.22% | 5.96% | 2.15% | 4.31% | 4.09% |
Documents
Announcements
-
Integrated Filing (Financial)
20 May - Gujarat Hy-spin approved FY25 audited results; profit before tax Rs.13.56L; secretarial auditor appointed.
-
Board Meeting Outcome for Oucome Of Board Meeting - AFR
20 May - Audited FY 2024-25 results approved; net profit Rs. 9.72 lakhs; secretarial auditor appointed.
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Board Meeting Intimation for Approval Of Financial Results
13 May - Board meeting on 20 May 2025 to approve FY2024-25 audited results and appoint Secretarial Auditor.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
18 Apr - Exemption from Annual Secretarial Compliance Report for FY25 due to SME status.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Certificate under SEBI Regulation 74(5) for Q1 2025.
Business Overview:[1][2]
Company is in the business of yarn manufacturing and other cotton mixed fabrics. It provides special types of threads for the garment industry. GHSL has 2 group concerns viz. Gujarat Ginning & Oil Industry and Paras Cotton. The former is engaged in cotton ginning, pressing, and crushing of oil seeds while the latter carries out the trading of cotton seeds and cotton bales