Suyog Gurbaxani Funicular Ropeways Ltd.
Snapshot View

51.00 +4.50 ▲9.7%

24 May 2022, 04:01:00 PM
Volume: 3,000

Overview View Details

Sector Infrastructure Compare with Sector peers
Industry Engineering - Construction Compare with Industry peers
Website http://www.sgfrl.com
Market Cap 126.80 Cr.
Enterprise Value(EV) 201.28 Cr. 2021-03
Financial Indicators
Earnings per share (EPS) -3.19 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 38.24 Trailing Twelve Months Ending 2021-03
Book Value / Share 13.88 Trailing Twelve Months Ending 2021-03
Price to Book Value 3.68 Calculated using Price: 51.00
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 2.49 Cr. 24,862,222 Shares
FaceValue 10
Company Profile

Suyog Gurbaxani Funicular Ropeways is an infrastructure development and constructions company engaged in building & operating the Funicular Ropeways Systems. The company is currently involved in an Infrastructural Development project through a Build, Operate and Transfer mode (BOT) wherein, it has completed the construction of a Funicular Ropeway System project (also known as Incline Ropeways) at Saptashrungi Gad Temple situated at Vani, Nashik, Maharashtra. Saptashrungi Gad Temple is a popular destination for devotees where people come from all over India for taking the blessings of Goddess and this temple experiences a large number of visitors throughout the years and also experiences some of the peak seasons at the time of Navratri festivals which happens two times in a year. The company’s project is spread over in an area of 10 acres, which houses the funicular ropeway system, a shopping mall, a parking facility and a hotel facility.

The company’s Saptashrungi Project primarily has a Funicular Ropeway System consisting of 2 Air Conditioner funicular vehicles / coaches which can carry 60 passengers/ devotees at a time. The Shopping complex, forming a part of its project, provides the facility of more than 50 shops providing various buying avenues to the visitors including food shops. The parking facility built in the vicinity of the funicular ropeway, has a capacity of more than 150 vehicles including four wheelers and two wheelers. Lastly, it also has constructed a hotel which houses 28 guest rooms & dormitories, a multi cuisine restaurant and a coffee shop.

Business area of the company

The company provides infrastructure construction services. It offers ropeway facilities, as well as provides stay, shopping, and parking services.

Major events

  • 2010: Incorporation of Company.
  • 2010: Received Work Order for construction of Funicular Ropeways at Saptashrungi.
  • 2010: Forest Department granted 4 hectare of land for construction of project.
  • 2010: Possession for the above land received
  • 2010: Received Water permission for the project from the Maharashtra Water Department.
  • 2010:  Received consent of Gram pachayat for construction of the Project.
  • 2011: The plan / drawing for the project with single track system approved by the PWD Steering Committee.
  • 2011: Obtained confirmation from RITES to act as technical consultant for the single track project.
  • 2012: Obtained RITES confirmation for change in project plan to double track instead of single track
  • 2013: Received consent from Temple Trust to build machine room near the temple.
  • 2014: Extension request letter given to PWD by the Company citing various statutory clearance delays and change in plans.
  • 2015: The official Project management Consultant certified that the construction of the Funicular ropeway is as per approved drawings & specification of PWD.
  • 2017: Extension Approval for 3 years 1 month and 27 days received from the PWD, Nashik.
  • 2017: Foreign Safety Consultant suggested additional braking facility before certifying the safety measures of the Funicular Ropeway.
  • 2017: Final Safety Certificate received from Tribal Public Works Division.
  • 2018: Received certificate from Damodar Ropeways Private Limited confirming the employee training for operating the Funicular Ropeway.
  • 2018: Received provisional Completion Certificate from PWD, Nashik.
  • 2018: Fire NoC received for operating the Ropeway for Public use.
  • 2018: Construction Completed and Inauguration by Hon. Chief Minister of Maharashtra Mr. Devendra Phadnavis.
  • 2019: Final Completion Certificate received from PWD, Nashik.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+9.68%
1 Week
+12.09%
1 Month
+12.09%
3 Month
+12.09%
6 Month
+12.96%
1 Year
2 Year
5 Year
10 Year
5 years 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) -24.20 -11.86 -72.44
Return on Capital Employed (%) -1.90 0.06 -7.14
Return on Assets (%) -3.71 -2.06 -9.07

Balance Sheet View Details

Particulars 5 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 12 12 17 15 7
Non Curr. Liab. 66 79 70 67 75
Curr. Liab. 5 3 7 7 4
Minority Int.
Equity & Liab. 83 93 94 89 86
Non Curr. Assets 77 91 92 86 84
Curr. Assets 7 3 2 2 2
Misc. Exp. not W/O 0 0
Total Assets 83 93 94 89 86

Profit Loss View Details

Particulars 5 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 8 13 4
Other Income
Total Income 8 13 4
Total Expenditure -5 -6 -4
PBIDT 3 7 1
Interest -2 -2 -2
Depreciation -5 -7 -7
Taxation
Exceptional Items
PAT -3 -2 -8
Adjusted EPS -2 -1 -4

Cash Flow View Details

Particulars 5 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 9 6 -6
Cash Fr. Inv. -16 -11 -4 -1 0
Cash Fr. Finan. 18 10 -5 -5 6
Net Change 1 -1 0 0 0
Cash & Cash Eqvt 1 0 0 0 0

Shareholding Pattern View Details

1 Qtrs 2022-03 (%)
Promoter 64.78
Public 35.22
Depository Receipts 0.00
Promoter Holding Pledge (%) 0.00

Announcements View Details

Tue, 24 May 2022
Board Meeting Intimation for Consideration And Approval Financial Results For The Fourth Quarter (04) And Financial Year Ended March 31 2022.
Suyog Gurbaxani Funicular Ropeways Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2022 inter alia to consider and approve the audited financial results along audit report for the fourth quarter (04) and financial year ended March 31 2022.Further to note that the intimation regarding closure of Trading Window for dealing in the securities of the Company is already provided vide our letter dated March 31 2022.
Sat, 30 Apr 2022
Compliance Certificate Under Regulation 40(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
Pursuant to Regulation 40(10) of SEBI (Listing Obligations and Disclosure Requirements) 2015 please find enclosed certificate from M/s. Amruta Giradkar & Associates Company Secretaries issued under Regulation 40(9) of SEBI (Listing Obligations and Disclosure Requirements) 2015 for the financial year ended March 31 2022.Kindly take this on record.
Sat, 30 Apr 2022
Compliance Certificate Under Regulation 7(3) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
Pursuant to Regulation 7(3) of SEBI (Listing Obligations and Disclosure Requirements) 2015 please find enclosed certificate from Kfintech Technologies Limited issued under Regulation7(3) of SEBI (Listing Obligations and Disclosure Requirements) 2015 for the year ended March 31 2022.Kindly take this on record.

Technical Scans View Details

Tue, 24 May 2022
High Delivery Percentage High Delivery Percentage
Close Crossing Last Month High Close Crossing Last Month High
Opening at High Opening at High
Opening at Low Opening at Low
Close Within 52 Week High Zone Close Within 52 Week High Zone

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