Gujarat Hy-Spin Ltd.
Snapshot View

7.90 ▼0%

22 July 2021, 04:00:00 P.M.

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Spinning Compare with Industry peers
Website http://www.gujarathyspin.com
Financial Indicators
Market Cap 13.23 Cr.
Earnings per share (EPS) 0.07 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 119.21 Trailing Twelve Months Ending 2021-03
Industry PE 27.91 Trailing Twelve Months Ending 2021-03
Book Value / Share 11.40 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.69 Calculated using Price: 7.90
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.68 Cr. 16,750,000 Shares
FaceValue 10
Company Profile

The company was incorporated as 'Gujarat Hy-Spin Private Limited' at Gujarat as a private limited company under the provisions of the Companies Act, 1956 with Certificate of incorporation dated February 01, 2011 issued by Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently the Company was converted into a Public Limited Company pursuant to special Resolution passed at the Extra-Ordinary General Meeting of the Company held on June 13, 2016 and the name of the company was changed to 'Gujarat Hy-Spin Limited' A fresh Certificate of Incorporation consequent upon conversion to public limited company by Registrar of Companies on August 5, 2016.

Business area of the company:

The company is engaged in manufacturing of cotton yarns. It started with trading of Cotton Bales, Cotton Seeds and Wash Oil and in 2013 moved to manufacturing of cotton yarns mainly in domestic market and third party exports. The company sells cotton yarns to the traders who further sell it to other Industrial units for weaving and other purposes. It also sells directly to Industrial units for weaving purpose. The ocmpany’s manufacturing plant is spread 15381.28 square meters which is well equipped with plant and machinery such as Blow room, Humidification facility, Contamination sorter, Link Conner etc.

Key Events and Milestones:

  • 2011:  Incorporation of company.
  • 2013:  Commencement of Commercial Production for yarn manufacturing.
  • 2016:  Conversion of company from Private Limited to Public Limited.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
+8.22%
1 Month
+8.07%
3 Month
-0.63%
6 Month
+1.94%
1 Year
+167.80%
2 Year
+47.66%
5 Year
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -35.76 6.29 -1.60 -2.14 0.22 0.26 2.16 0.51 1.20
Return on Capital Employed (%) -28.11 3.06 4.65 3.17 4.71 5.66 5.55 6.07 7.49
Return on Assets (%) -8.47 2.70 -0.44 -0.59 0.06 0.08 0.72 0.18 0.43

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 0 4 16 16 17 19 19 19 19
Non Curr. Liab. 0 0 31 26 23 18 14 9 4
Curr. Liab. 1 1 14 14 21 20 22 26 30
Minority Int.
Equity & Liab. 2 5 61 56 62 57 55 53 53
Non Curr. Assets 1 5 45 39 35 30 26 21 18
Curr. Assets 1 0 16 17 27 27 29 32 34
Misc. Exp. not W/O
Total Assets 2 5 61 56 62 57 55 53 53

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 13 2 12 52 52 52 54 63 47
Other Income 0 0 0 0 0 0 3
Total Income 13 2 12 52 52 52 54 63 51
Total Expenditure -13 -2 -9 -43 -43 -43 -47 -57 -45
PBIDT 0 0 4 9 9 9 7 6 6
Interest -2 -2 -3 -3 -3 -3 -3
Depreciation -2 -7 -6 -6 -4 -3 -3
Taxation 0 0 0 0 0 0 0 0
Exceptional Items
PAT 0 0 0 0 0 0 0 0 0

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. 0 0 -12 7 1 7 7 5 8
Cash Fr. Inv. -1 -4 -42 -1 -2 0 0 1 0
Cash Fr. Finan. 1 4 54 -6 1 -7 -8 -6 -8
Net Change 0 0 0 0 0 0 0 0 0
Cash & Cash Eqvt 0 0 0 0 0 0 0 0 1

Shareholding Pattern View Details

9 Qtrs 2017-09 (%) 2018-03 (%) 2018-09 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2021-03 (%)
Promoter 91.49 64.92 64.92 64.92 64.92 64.92 64.92 64.92 64.92
Public 8.51 35.08 35.08 35.08 35.08 35.08 35.08 35.08 35.08
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

Mon, 21 Jun 2021
Outcome Of Board Meeting - Audited Financial Results
With the captioned subject this is to inform you that the meeting of the Board of Directors of the Company was held on today i.e. 21st June 2021 at registered office of the Company inter-alia approved following matters:

1. Standalone Audited Financial Results of the Company for the Half year and Year ended on 31st March 2021 along with Cash Flow Statements which has been duly reviewed by the Audit Committee.

2. Auditors Report as on date issued by Finava & Associates Statutory Auditor of the Company.

3. Declaration in respect of Audited Report with Unmodified Opinion.

The Board Meeting commenced on 2:00 PM and concluded on 3.30 PM.

We request you to kindly take above on your record.
Thanking You.
Mon, 14 Jun 2021
Board Meeting Intimation for Consider The Standalone Audited Financial Results For The Half Year And Year Ended On 31St March 2021.
Gujarat Hy-Spin Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/06/2021 inter alia to consider and approve Pursuant to Regulation 29 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 read with SEBI Circular No. SEBI/HO/CFD/CMD1/P/CIR/2021/556 dated 29th April 2021 this is to inform you that the meeting of the Board of Directors of the Company will be held on Monday 21st June 2021 at Register office of the company.

? To consider and approve the standalone audited financial results for the half year and year ended on 31st March 2021.

? Any other matters with the permission of the Chair.

Kindly acknowledge and take same on your records. Thanking You.
Tue, 27 Apr 2021
Certificate Under Reg. 7(3) For Half Year Ended On 31.03.2021
Please find enclosed a Certificate for the half year ended March 31st 2021 certifying that all activities in relation to both physical and electronic share transfer facility (Dematerialisation & Rematerialisation) are maintained by Bigshare Services Private Limited (SEBI Registration No. INR000001385) the Registrar and Share Transfer Agent of Gujarat Hy-Spin Limited.
This certificate has been issued in terms of Regulation 7(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015.
This is for your information and records.
Thanking you

Technical Scans View Details

Thu, 22 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Either SRS Or ARS Going Above Zero Either SRS Or ARS Going Above Zero

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