GFL Ltd.
Snapshot View

73.00 -3.25 ▼-4.3%

04 August 2021, 04:00:00 P.M.
Volume: 35,437

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Chemicals Compare with Industry peers
Website http://www.gfl.co.in
Financial Indicators
Market Cap 801.91 Cr.
Earnings per share (EPS) -21.09 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 47.69 Trailing Twelve Months Ending 2021-03
Book Value / Share 33.92 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.15 Calculated using Price: 73.00
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 10.99 Cr. 109,850,000 Shares
FaceValue 1
Company Profile

Gujarat Fluorochemicals (GFL) is engaged in manufacturing of chloro-fluorocarbon refrigerant gases and hydrous hydrofluoric acid. GFL is part of the $2 billion INOX group of companies. The INOX group has interests in areas of industrial gases, refrigerants, chemicals, carbon credits, cryogenic engineering, renewable energy and entertainment.

GFL’s manufacturing plants have received various certifications such as ISO 9001:2000, OHASAS 18001:2007 and ISO14001:2004.

The company's CDM (Clean Development Mechanism) project was the first in the world to seek registration under the Kyoto Protocol, and has been approved by the governments of India, United Kingdom, Netherlands, Japan and Italy.

INOX Leisure, India’s leading cinema exhibition business is a subsidiary of GFL.

Business area

Refrigerant Business- The company is the largest producer of refrigerant HCFC22. Around 95% of GFL’s refrigerant production is exported to more than 75 countries. In India, the company supplies refrigerants to all the major OEMs in the air-conditioning and refrigeration sector.

Chemicals Business- The company’s chemical plant is located at Dahej (Gujarat) has a manufacturing capacity of a 52,500 tpa of Caustic Soda / Chlorine, a 40,000 tpa Chloromethane, and a 30 MW gas-based captive power plant. GFL has also established an Anhydrous HCL plant, the first of its kind in India, and only the third in Asia, to cater to the pharmaceutical and agriculture sectors in India.

PTFE Business- The company owns India’s largest PTFE plant located at Dahej with production capacity of 6,000 tpa. PTFE is advanced engineering plastic used in sectors like chemicals, textile, automobile, electrical, electronics.

Entertainment Business 

GFL owns and operates an entertainment business through INOX Leisure Limited. INOX Leisure Limited is engaged in the setting up and operating India’s premium brand of multiplex cinema theatres - INOX. INOX currently operates 79 multiplexes with 310 screens & 83809 seats and is present in 42 cities making it a truly pan-Indian multiplex chain. INOX has won the ICICI Best Retail Entertainment Company of the Year Award, 2005, the Taal Multiplexer of the Year Award, 2006 and the Emerging SuperBrand of the Year Award, 2007. In 2010, INOX Leisure Limited had acquired Fame India Limited, a competing multiplex chain, to emerge as India’s largest multiplex player then. INOX is amongst India’s largest integrated multiplex brand, as well as amongst India’s fastest growing and most profitable multiplex chain. 

Renewable Energy Business On the basis of a business diversification study conducted by McKinsey & Co Inc. for the Group, GFL decided to invest in the renewable energy business. Having worked in detail on the concept development for this initiative over the past couple of years, GFL has firmed up its business plan and is in the process of aggressively implementing the same.

Subsidiaries of GFL include:

  • Inox Leisure Limited .
  • INOX Wind Limited
  • Inox Renewables Limited
  • Gujarat Fluorochemicals Americas LLC
  • Gujarat Fluorochemicals GmbH

Step-down subsidiaries of GFL include:

  • Inox Wind Infrastructure Services Limited
  • Inox Renewables (Jaisalmer) Limited 

Milestone

2007- GFL attained a key milestone in 2007, when it commissioned India’s largest PTFE plant.

In 2012 Gujarat Fluorochemicals Ltd has transferred, by way of slump sale, the wind energy business of the Company including all the undertakings comprised therein to INOX Renewables Ltd, a subsidiary of the Company.

2013- Inox Leisure Limited became a subsidiary of Gujarat Fluorochemicals.
-Gujarat Fluorochemicals incorporates new subsidiary in Hamburg Germany.
2014 - Inox Wind, a Subsidiary of Gujarat Fluorochemicals one of India's leading wind power solutions provider awarded a 170MW order from Continuum Wind Energy a Singapore based company.

2017- Leap Green Energy, a clean energy company promoted by India’s first Formula One driver Narain Karthikeyan, bought all windfarms owned by Inox Renewables for an undisclosed amount.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-4.26%
1 Week
-0.48%
1 Month
+8.31%
3 Month
+3.11%
6 Month
-16.71%
1 Year
-12.94%
2 Year
-91.92%
5 Year
-88.05%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 34.00 19.19 7.15 17.98 14.31 4.85 5.17 25.13 -5.79
Return on Capital Employed (%) 32.18 18.61 8.22 17.00 15.22 9.50 7.66 13.88 2.95
Return on Assets (%) 17.64 9.54 3.36 8.11 6.19 2.02 2.32 12.98 -2.34

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 2,718 3,159 3,297 4,235 4,454 4,518 4,767 5,977 2,179
Non Curr. Liab. 1,079 1,462 1,550 1,482 1,339 1,574 812 300 2,471
Curr. Liab. 1,234 1,561 1,973 2,797 3,731 3,757 2,981 3,478 3,486
Minority Int. 153 209 262 849 956 1,081 1,193 1,288 1,013
Equity & Liab. 5,184 6,392 7,082 9,363 10,479 10,931 9,753 11,043 9,148
Non Curr. Assets 3,941 4,568 4,976 5,320 5,785 5,009 5,787 6,536 5,483
Curr. Assets 1,243 1,824 2,105 4,043 4,695 5,922 3,966 4,508 3,665
Misc. Exp. not W/O
Total Assets 5,184 6,392 7,082 9,363 10,479 10,931 9,753 11,043 9,148

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 2,830 3,166 3,452 5,341 7,010 6,288 3,851 5,698 2,704
Other Income 47 31 45 85 103 119 133 129 45
Total Income 2,877 3,198 3,497 5,425 7,112 6,408 3,983 5,827 2,748
Total Expenditure -1,602 -2,149 -2,853 -4,340 -5,709 -5,136 -3,116 -4,450 -2,226
PBIDT 1,275 1,049 644 1,085 1,404 1,272 868 1,377 522
Interest -89 -132 -179 -219 -218 -279 -279 -224 -445
Depreciation -149 -171 -200 -285 -324 -349 -299 -333 -354
Taxation -243 -194 -38 -159 -243 -227 -39 542 41
Exceptional Items -18 244 -5 -201 -10 -13
PAT 776 552 227 667 614 216 240 1,349 -236

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 572 284 542 149 379 732 952 996 1,214
Cash Fr. Inv. -950 -892 -476 239 -1,471 -674 589 -956 -568
Cash Fr. Finan. 609 373 -93 659 136 53 -1,668 -79 -629
Net Change 232 -235 -27 1,047 -956 110 -127 -40 17
Cash & Cash Eqvt 284 51 28 1,084 127 238 111 71 48

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 68.33 68.63 68.72 68.72 68.72 68.72 68.72 68.72 68.72
Public 31.67 31.37 31.28 31.28 31.28 31.28 31.28 31.28 31.28
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 04 Aug 2021
Board Meeting Intimation for Intimation Of Board Meeting Pursuant To Regulation 29(1) (A) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.
GFL Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2021 inter alia to consider and approve Pursuant to Regulation 29 (1) (a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations) we hereby inform you that a Meeting of the Board of Directors of the Company is scheduled to be held on Wednesday 11th August 2021 through audio-visual means inter alia to consider and approve Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June 2021.
Mon, 26 Jul 2021
Disclosure Under Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.
Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed herewith the disclosure of Related Party Transactions on standalone and consolidated basis in accordance with applicable Accounting Standards for the year ended on 31st March 2021.
Wed, 14 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Pursuant to the provisions of Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations 2018 please find enclosed herewith
Compliance Certificate for the quarter ended on 30th June 2021.

Technical Scans View Details

Tue, 03 Aug 2021
Closing Below Previous Low Closing Below Previous Low
William %R Bearish William %R Bearish
CCI Overbought Zone CCI Overbought Zone
MFI Above 80 MFI Above 80
Mon, 02 Aug 2021
Close Crossing Last Week High Close Crossing Last Week High

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