Quality Foils (India) Ltd
Incorporated in 1990, Quality Foils (India) is engaged in manufacturing and export of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible Hoses/pipes. It is situated in Hisar,Haryana [1]
- Market Cap ₹ 36.2 Cr.
- Current Price ₹ 127
- High / Low ₹ 167 / 77.0
- Stock P/E 20.5
- Book Value ₹ 98.3
- Dividend Yield 0.00 %
- ROCE 8.31 %
- ROE 7.42 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
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 7.02% over last 3 years.
- Earnings include an other income of Rs.2.26 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: Steel Industry: Steel - Medium / Small
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 151 | 124 | 180 | 186 | |
| 145 | 118 | 173 | 180 | |
| Operating Profit | 6 | 6 | 6 | 7 |
| OPM % | 4% | 5% | 4% | 4% |
| 1 | 0 | 1 | 2 | |
| Interest | 4 | 3 | 3 | 4 |
| Depreciation | 1 | 1 | 1 | 2 |
| Profit before tax | 1 | 1 | 2 | 4 |
| Tax % | 18% | 27% | 27% | 17% |
| 1 | 1 | 2 | 3 | |
| EPS in Rs | 77.14 | 68.57 | 115.71 | 11.18 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | 10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 8% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 3 | 3 |
| Reserves | 16 | 17 | 19 | 25 | 25 |
| 41 | 41 | 48 | 43 | 32 | |
| 7 | 5 | 10 | 6 | 8 | |
| Total Liabilities | 66 | 65 | 78 | 76 | 68 |
| 20 | 19 | 20 | 20 | 20 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 0 | 0 |
| 45 | 45 | 57 | 56 | 48 | |
| Total Assets | 66 | 65 | 78 | 76 | 68 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 6 | 4 | -2 | 9 | |
| -1 | 0 | -2 | -0 | |
| -5 | -3 | 4 | -5 | |
| Net Cash Flow | -0 | 1 | -0 | 4 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 62 | 82 | 68 | 59 |
| Inventory Days | 43 | 46 | 46 | 39 |
| Days Payable | 7 | 0 | 9 | 1 |
| Cash Conversion Cycle | 98 | 128 | 105 | 97 |
| Working Capital Days | 95 | 121 | 100 | 91 |
| ROCE % | 8% | 9% | 8% |
Business Area[1] Quality Foils is among India's prospering manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible hose pipes. The entity has experience of over three decades in the manufacturing of stainless steel products.