Suyog Gurbaxani Funicular Ropeways Ltd
Incorporated in 2010, Suyog Gurbaxani Funicular Ropeways Ltd is in the business to design, engineer, procure, finance, construct, operate and maintain Funicular Ropeway on Build, Operate & Transfer basis[1]
- Market Cap ₹ 224 Cr.
- Current Price ₹ 90.0
- High / Low ₹ 147 / 90.0
- Stock P/E 20.1
- Book Value ₹ 14.3
- Dividend Yield 0.00 %
- ROCE 22.1 %
- ROE 37.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 27.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 40.3%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Debtor days have increased from 46.5 to 130 days.
- Company's cost of borrowing seems high
* 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 8 | 13 | 4 | 8 | 18 | 63 | 53 | 47 | |
| 0 | 0 | 5 | 6 | 4 | 4 | 7 | 42 | 35 | 23 | |
| Operating Profit | 0 | 0 | 3 | 7 | 1 | 4 | 11 | 22 | 18 | 24 |
| OPM % | 42% | 51% | 19% | 51% | 62% | 34% | 33% | 50% | ||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 2 | 2 | 2 | 4 | 5 | 7 | 3 | 7 |
| Depreciation | 0 | 0 | 5 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Profit before tax | 0 | 0 | -3 | -2 | -8 | -7 | 0 | 8 | 8 | 10 |
| Tax % | 0% | 0% | 0% | 0% | -3,100% | 29% | -6% | -8% | ||
| 0 | 0 | -3 | -2 | -8 | -7 | 0 | 6 | 9 | 11 | |
| EPS in Rs | 0.00 | 0.00 | -1.72 | -0.93 | -3.91 | -2.79 | 0.12 | 2.25 | 3.50 | 4.48 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 60% |
| 3 Years: | 38% |
| TTM: | -11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 230% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 23% |
| 3 Years: | 40% |
| Last Year: | 37% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 20 | 20 | 20 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 0 | 0 | -3 | -5 | -13 | -15 | -15 | -9 | -0 | 11 |
| 60 | 69 | 71 | 68 | 75 | 68 | 66 | 87 | 86 | 10 | |
| 11 | 13 | 6 | 6 | 4 | 5 | 4 | 13 | 30 | 108 | |
| Total Liabilities | 83 | 93 | 94 | 89 | 86 | 82 | 80 | 116 | 141 | 154 |
| 0 | 0 | 92 | 86 | 80 | 73 | 67 | 60 | 54 | 47 | |
| CWIP | 76 | 91 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 |
| 7 | 3 | 2 | 2 | 6 | 9 | 13 | 56 | 87 | 86 | |
| Total Assets | 83 | 93 | 94 | 89 | 86 | 82 | 80 | 116 | 141 | 154 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 | -6 | 4 | 1 | -14 | 4 | 13 | ||||
| -1 | -0 | 0 | -0 | -0 | -0 | -20 | ||||
| -5 | 6 | -1 | -4 | 14 | -4 | 7 | ||||
| Net Cash Flow | -0 | -0 | 3 | -3 | -0 | 0 | 0 | |||
| Free Cash Flow | 5 | -6 | 4 | 1 | -14 | 4 | 13 | |||
| CFO/OP | 91% | -701% | 90% | 9% | -53% | 21% | 57% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 15 | 18 | 67 | 34 | 18 | 3 | 6 | 130 | ||
| Inventory Days | ||||||||||
| Days Payable | ||||||||||
| Cash Conversion Cycle | 15 | 18 | 67 | 34 | 18 | 3 | 6 | 130 | ||
| Working Capital Days | -267 | -134 | -180 | -215 | 32 | 189 | 329 | -265 | ||
| ROCE % | 0% | -2% | 0% | -7% | -3% | 6% | 17% | 10% | 22% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Hotel Inventory (Rooms and Dormitories) Number of rooms |
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| Parking Capacity Number of vehicles |
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| Shopping Complex Outlets Number of shops |
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| Operational Passenger Capacity (Single Trip) Passengers per trip |
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| Hourly Passenger Transit Capacity Passengers per hour |
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| Project Pipeline (Upcoming Projects) Number of projects |
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| Total Operational Land Area Acres |
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Extracted by Screener AI
Documents
Announcements
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No Objection Certificate For Re-Classification From Promoter Group Category To Public Category Under Regulation 31A Of SEBI(LODR),2015
2h - BSE granted no-objection for Mr. Somnath Lature's reclassification from promoter group to public.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Newspaper publication for the extract of Standalone and Consolidated Financial Results of the Company for the half year and financial year ended on March 31, …
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Announcement under Regulation 30 (LODR)-Change in Management
29 May - Board approved FY2026 audited results, unmodified audit opinion; dividend deferred and internal auditor appointed.
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Board Meeting Outcome for Outcome Of The Board Meeting Held Today I.E. Friday May 29 2026
29 May - Board approved FY26 audited standalone and consolidated results; unmodified audit opinion; dividend decision deferred; internal auditor appointed.
- Financial Results ( Standalone & Consolidated ) For The Half Year And Financial Year Ended March 31, 2026 29 May
Business Overview:[1]
SGFRL is engaged in infrastructure development services. It offers ropeway facilities, and provides stay, shopping, and parking services. Currently, company is involved in an infrastructural Development project through a Build, Operate and Transfer mode wherein construction of a Funicular Ropeway System project (known as Incline Ropeways) at Saptashrungi Gad Temple situated at Vani, Nashik is underway