Gujarat Fluorochem Limited is a A /T+2 - group Specialty Chemicals company having Face value of Rs 1.00. Gujarat Fluorochem LTD.is engaged in manufacturing and trading of refrigerant gases, caustic soda, chloromethane, polytetrafluoroethylene (PTFE) fluoropolymers, fluoromonomers specialty, fluorointermediates specialty chemicals and allied activities.
Fundamentals (FY23):
|
CMP |
3704.80 |
|
52 - week high |
Rs. 4,172.95 |
|
52 – week low |
Rs. 1,711.00 |
|
Dividend yield |
0.10 |
|
ROCE |
20.46 |
|
BVPS |
383.92 cr. |
|
Revenue |
1333.98 cr. |
|
Debt to Equity |
0.41 |
|
P/E ratio |
48.19 |
|
EPS |
Rs 82.43 |
|
P/B ratio |
10.35 |
|
Market Cap |
43,660 Cr. |
|
Face value |
Rs. 1.0 |
Financial Results:
Company’s Net Sales was Rs 1,333.98 crore in June 2022 up 46.28%, Quarterly Net Profit was Rs. 306.26 crore in June 2022 up 99.14% and its EBITDA stands at Rs. 485.08 crore in June 2022 up 72.34% compared to June 2021.
Recent Updates:
- The company has emerged as one of the top five global players in the fluoropolymers market with exports to Europe, Americas, Japan and Asia.
- Adoption of 5G-enabled smartphones in India is expected to triple and contribute to 40 % of sales volume in 2022, against just 12 % in 2021. This, in turn, will drive the fluoropolymers market and benefit the Gujarat Fluorochemicals.
- In the long-term considering the strong focus of Governments around the world on green hydrogen and hydrogen fuel cells will boost the demand of PTFE and other fluoropolymers.
- Key auto manufacturers are increasingly manufacturing their automotive parts by fluoropolymer enabling automakers to build a more sustainable and dependable business environment.
In past one year the stock gave a return of 87.78% as compared to Nifty which gave a return of -6.30% and 88.23% return compared to -5.77% fall in Sensex on the back of Government’s continuous push towards greener transitions for sustainable future.
Many research firms have given BUY rating for the company. Considering the company’s growth potential along with its significant exposure to new-age industries of battery, solar and green hydrogen. The stock is recommended for long term period.
- HET ZAVERI
info@smartinvestment.in
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