Gujarat Hy-Spin Ltd

₹ 13.0 9.84%
23 Sep - close price
About

Gujarat Hy-Spin is engaged in the business of manufacturing of Cotton Yarn/ Other Yarns at its Gondal Plant (Gujarat).

  • Market Cap 21.7 Cr.
  • Current Price 13.0
  • High / Low 13.5 / 5.20
  • Stock P/E 74.8
  • Book Value 11.4
  • Dividend Yield 0.00 %
  • ROCE 5.47 %
  • ROE 1.52 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.14 times its book value
  • Debtor days have improved from 107 to 80.5 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 6.01% over past five years.
  • Company has a low return on equity of 1.10% for last 3 years.
  • Earnings include an other income of Rs.1.85 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.

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Quarterly Results

Figures in Rs. Crores

Sep 2017
26.32
22.64
Operating Profit 3.68
OPM % 13.98%
0.07
Interest 1.28
Depreciation 2.23
Profit before tax 0.24
Tax % 33.33%
Net Profit 0.17
EPS in Rs 0.10
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
12.50 1.89 51.75 51.88 54.30 62.95 47.43 49.77 69.45
12.64 1.81 42.74 43.29 47.46 56.78 44.52 47.83 66.96
Operating Profit -0.14 0.08 9.01 8.59 6.84 6.17 2.91 1.94 2.49
OPM % -1.12% 4.23% 17.41% 16.56% 12.60% 9.80% 6.14% 3.90% 3.59%
0.00 0.00 0.14 0.17 0.12 0.10 3.14 3.82 1.85
Interest 0.00 0.00 2.61 3.15 2.62 2.88 3.13 3.07 1.75
Depreciation 0.00 0.00 6.49 5.56 4.06 3.34 2.74 2.40 2.16
Profit before tax -0.14 0.08 0.05 0.05 0.28 0.05 0.18 0.29 0.43
Tax % 7.14% -25.00% 40.00% 0.00% -42.86% -100.00% -27.78% 58.62% 32.56%
Net Profit -0.13 0.09 0.04 0.05 0.40 0.09 0.23 0.11 0.29
EPS in Rs -2.60 0.36 0.02 0.03 0.24 0.05 0.14 0.07 0.17
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 19%
5 Years: 6%
3 Years: 3%
TTM: 40%
Compounded Profit Growth
10 Years: 16%
5 Years: 42%
3 Years: 48%
TTM: 164%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 49%
1 Year: 119%
Return on Equity
10 Years: %
5 Years: 1%
3 Years: 1%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
0.50 2.50 16.75 16.75 16.75 16.75 16.75 16.75
Reserves -0.13 -0.04 0.62 1.84 1.91 2.01 2.24 2.35
0.12 0.40 40.61 36.61 31.11 27.92 22.91 20.79
1.07 2.20 3.64 1.63 5.16 6.34 10.87 4.22
Total Liabilities 1.56 5.06 61.62 56.83 54.93 53.02 52.77 44.11
0.00 0.01 33.01 27.60 23.62 20.30 17.56 15.17
CWIP 0.01 2.98 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
1.55 2.07 28.61 29.23 31.31 32.72 35.21 28.94
Total Assets 1.56 5.06 61.62 56.83 54.93 53.02 52.77 44.11

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
6.50 7.47 4.81 8.34 5.28 10.11
0.07 0.04 1.30 0.01 0.01 -1.69
-6.68 -7.53 -6.07 -7.95 -5.16 -8.69
Net Cash Flow -0.10 -0.02 0.03 0.41 0.13 -0.28

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 1.17 0.00 94.37 81.19 98.61 108.43 127.52 112.35
Inventory Days 26.03 0.00 111.36 148.93 115.46 93.72 142.65 102.43
Days Payable 28.37 18.95 13.41 27.15 33.89 25.50 24.11
Cash Conversion Cycle -1.17 0.00 186.78 216.72 186.92 168.26 244.67 190.67
Working Capital Days -3.80 -104.29 164.97 143.31 130.14 112.72 130.67 126.43
ROCE % 4.78% 5.65% 5.53% 6.08% 7.47% 8.22%

Shareholding Pattern

Numbers in percentages

3 recently
Mar 2018 Sep 2018 Mar 2019 Sep 2019 Mar 2020 Jun 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022
64.92 64.92 64.92 64.92 64.92 64.92 64.92 64.92 64.92 64.92
35.08 35.08 35.08 35.08 35.08 35.08 35.08 35.08 35.08 35.08

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