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 ₹ 403 Cr.
- Current Price ₹ 162
- High / Low ₹ 198 / 45.0
- Stock P/E 101
- Book Value ₹ 5.22
- Dividend Yield 0.00 %
- ROCE 5.96 %
- ROE 3.09 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 39.4 to 17.8 days.
Cons
- Stock is trading at 31.0 times its book value
- Promoter holding has decreased over last quarter: -0.78%
- Company has a low return on equity of -49.5% over last 3 years.
- Company might be capitalizing the interest cost
- Working capital days have increased from 80.8 days to 143 days
* 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: Construction Industry: Construction
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 7.91 | 13.19 | 4.47 | 8.05 | 18.01 | 22.84 | |
0.00 | 0.00 | 4.58 | 6.44 | 3.62 | 3.91 | 6.80 | 10.51 | |
Operating Profit | 0.00 | 0.00 | 3.33 | 6.75 | 0.85 | 4.14 | 11.21 | 12.33 |
OPM % | 42.10% | 51.18% | 19.02% | 51.43% | 62.24% | 53.98% | ||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | -0.14 | |
Interest | 0.00 | 0.00 | 1.89 | 1.93 | 2.08 | 4.44 | 4.58 | 2.18 |
Depreciation | 0.00 | 0.00 | 4.93 | 6.70 | 6.71 | 6.65 | 6.64 | 6.65 |
Profit before tax | 0.00 | 0.00 | -3.49 | -1.88 | -7.94 | -6.94 | 0.01 | 3.36 |
Tax % | 0.00% | 0.00% | 0.00% | 0.00% | -3,100.00% | |||
0.00 | 0.00 | -3.48 | -1.88 | -7.93 | -6.94 | 0.31 | 4.00 | |
EPS in Rs | 0.00 | 0.00 | -1.72 | -0.93 | -3.91 | -2.79 | 0.12 | 1.61 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 11% |
TTM: | 60% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 29% |
TTM: | 250% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 252% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -33% |
3 Years: | -49% |
Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 12.00 | 12.00 | 20.29 | 20.29 | 20.29 | 24.86 | 24.86 | 24.86 |
Reserves | 0.00 | 0.00 | -3.48 | -5.37 | -13.30 | -14.98 | -14.67 | -11.89 |
60.00 | 68.52 | 71.27 | 67.87 | 74.77 | 67.92 | 65.98 | 76.63 | |
11.46 | 12.97 | 6.03 | 5.92 | 4.44 | 4.66 | 3.86 | 3.52 | |
Total Liabilities | 83.46 | 93.49 | 94.11 | 88.71 | 86.20 | 82.46 | 80.03 | 93.12 |
0.08 | 0.07 | 92.26 | 86.41 | 79.76 | 73.11 | 66.75 | 63.45 | |
CWIP | 76.39 | 90.74 | 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 |
6.99 | 2.68 | 1.85 | 2.30 | 6.44 | 9.35 | 13.28 | 29.67 | |
Total Assets | 83.46 | 93.49 | 94.11 | 88.71 | 86.20 | 82.46 | 80.03 | 93.12 |
Cash Flows
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
6.13 | -5.96 | 3.71 | 1.03 | ||||
-0.85 | -0.06 | 0.00 | -0.28 | ||||
-5.33 | 6.00 | -1.11 | -3.51 | ||||
Net Cash Flow | -0.05 | -0.02 | 2.60 | -2.76 |
Ratios
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
Debtor Days | 14.77 | 17.99 | 66.96 | 33.55 | 17.83 | ||
Inventory Days | |||||||
Days Payable | |||||||
Cash Conversion Cycle | 14.77 | 17.99 | 66.96 | 33.55 | 17.83 | ||
Working Capital Days | -266.71 | -133.93 | 68.59 | 31.29 | 142.68 | ||
ROCE % | 0.00% | -1.90% | 0.06% | -7.12% | -3.13% | 5.96% |
Documents
Announcements
- Compliance Certificate Pursuant To Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 17 Apr
- Certificate Under Regulation 40(9) & 40(10) Of The SEBI (LODR) Regulations 2015 For The Financial Year Ended March 31, 2024. 17 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Confirmation dated April 02, 2024 received from KFIN Technologies Limited for the quarter & year ended March 31, 2023
- Closure of Trading Window 28 Mar
- Board Meeting Outcome for Outcome Of The Board Meeting Held On February 08, 2024 8 Feb
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