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Last Updated on: 23 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Grand Foundry Ltd

About the Company - Grand Foundry Ltd

Grand Foundry Ltd. is a Public Limited Listed company incorporated on 01/08/1974 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1974PLC017655 and registration number is 017655. Currently Company is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 12.17 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Steel - Bright Bars302, Cabin No.1, Sanjay Appa Chambers, Mumbai Maharashtra 400093cs@gfsteel.co.in
http://www.gfsteel.co.in
Management
NamePosition Held
Mr. Taroon Sunder VaswaniIndependent Director
Mr. Ketan Rasiklal ShahIndependent Director
Mr. Gagan ChaturvediIndependent Director
Mr. Archana Prakash DakhaleNon Executive Director
Mr. Vijay Paul KaushalExecutive Director
Ms. Shivani JainExecutive Director

Basic Stock Data of Grand Foundry Ltd

Last Updated: June 12, 2024, 10:43 pm

Market Cap 28.9 Cr.
Current Price 9.50
High / Low11.5/6.30
Stock P/E
Book Value 1.63
Dividend Yield0.00 %
ROCE%
ROE%
Face Value 4.00
PEG Ratio0.00

Grand Foundry Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales1.070.000.000.000.000.000.000.000.000.100.000.000.00
Expenses1.000.040.090.030.040.040.090.090.070.770.050.070.07
Operating Profit0.07-0.04-0.09-0.03-0.04-0.04-0.09-0.09-0.07-0.67-0.05-0.07-0.07
OPM %6.54%-670.00%
Other Income0.000.000.020.000.000.000.000.000.000.000.000.020.00
Interest0.000.000.000.000.000.000.000.000.000.170.000.170.09
Depreciation0.010.010.010.010.010.000.000.000.000.000.000.000.00
Profit before tax0.06-0.05-0.08-0.04-0.05-0.04-0.09-0.09-0.07-0.84-0.05-0.22-0.16
Tax %0.00%0.00%0.00%0.00%0.00%25.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit0.06-0.05-0.08-0.03-0.05-0.03-0.09-0.09-0.07-0.84-0.05-0.22-0.16
EPS in Rs0.02-0.02-0.03-0.01-0.02-0.01-0.03-0.03-0.02-0.28-0.02-0.07-0.05

Last Updated: June 7, 2024, 8:50 am

Grand Foundry Ltd Quarterly Chart

Grand Foundry Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2.662.042.611.042.242.4713.1225.576.881.060.000.100.10
Expenses2.671.952.891.043.352.1015.0426.639.621.200.200.460.96
Operating Profit-0.010.09-0.280.00-1.110.37-1.92-1.06-2.74-0.14-0.20-0.36-0.86
OPM %-0.38%4.41%-10.73%0.00%-49.55%14.98%-14.63%-4.15%-39.83%-13.21%-360.00%-860.00%
Other Income0.019.121.05-0.030.150.120.870.120.460.000.02-0.570.02
Interest1.210.590.770.270.180.190.230.260.020.000.000.180.34
Depreciation0.200.200.240.220.200.160.090.080.050.040.030.000.00
Profit before tax-1.418.42-0.24-0.52-1.340.14-1.37-1.28-2.35-0.18-0.21-1.11-1.18
Tax %60.99%-6.18%579.17%-346.15%0.00%-357.14%96.35%-82.03%12.77%-16.67%0.00%0.00%
Net Profit-0.558.931.15-2.32-1.340.64-0.05-2.33-2.04-0.21-0.21-1.11-1.18
EPS in Rs-1.280.61-0.05-2.23-0.67-0.07-0.07-0.36-0.39
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Grand Foundry Ltd Profit & Loss Yearly Chart

Grand Foundry Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-100%
Compounded Profit Growth
10 Years:%
5 Years:12%
3 Years:%
TTM:-6%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:48%
1 Year:51%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: June 12, 2024, 5:13 pm

Grand Foundry Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital10.4310.4310.4310.434.174.174.174.1712.1712.1712.1712.1712.17
Reserves-24.64-14.71-13.86-16.18-11.26-10.61-10.66-13.00-15.04-15.24-15.46-16.56-16.83
Borrowings13.946.328.198.248.2010.698.928.100.000.430.004.364.66
Other Liabilities4.822.701.322.383.435.196.336.505.484.424.090.070.07
Total Liabilities4.554.746.084.874.549.448.765.772.611.780.800.040.07
Fixed Assets3.834.274.814.694.493.753.593.510.130.100.060.000.00
CWIP0.000.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.000.000.000.000.000.000.00
Other Assets0.720.471.270.180.055.695.172.262.481.680.740.040.07
Total Assets4.554.746.084.874.549.448.765.772.611.780.800.040.07

Grand Foundry Ltd Reserves and Borrowings Chart

Grand Foundry Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -0.028.83-0.280.270.22-2.352.54-0.43-1.87-0.690.76-4.42
Cash from Investing Activity 0.00-0.64-0.79-0.090.000.570.040.003.450.00-3.040.06
Cash from Financing Activity 0.06-8.221.10-0.22-0.221.78-2.550.42-1.600.702.284.33
Net Cash Flow0.04-0.030.03-0.040.000.000.03-0.01-0.020.010.00-0.03

Grand Foundry Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days16.1011.1938.610.00196.54111.0021.98118.84519.950.00
Inventory Days0.000.000.000.001,803.530.004.360.000.000.00
Days Payable1,511.5362.64
Cash Conversion Cycle16.1011.1938.610.00488.54111.00-36.29118.84519.950.00
Working Capital Days-297.01-120.27-400.10-376.41155.16-54.81-39.40-159.69-847.08-109.50
ROCE %-5.65%-9.41%-5.52%-61.67%12.69%-58.38%-117.65%

Grand Foundry Ltd Financial Efficiency Indicators Chart

Grand Foundry Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters70.12%70.12%70.12%70.12%70.12%70.12%70.12%70.18%70.18%70.16%70.16%70.16%
DIIs0.02%0.02%0.02%0.02%0.02%0.03%0.03%0.03%0.03%0.03%0.03%0.03%
Public29.86%29.86%29.86%29.86%29.86%29.85%29.85%29.80%29.79%29.81%29.81%29.80%
No. of Shareholders24,34624,24324,20124,52224,42324,37524,21724,08823,98723,86723,78523,684

Grand Foundry Ltd Shareholding Pattern Chart

No. of Grand Foundry Ltd Shareholders

This stock is not held by any mutual fund

Grand Foundry Ltd ROCE Trend

Grand Foundry Ltd EPS Trend

Grand Foundry Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue4.004.004.004.004.00
Basic EPS (Rs.)-0.17-0.36-0.20-0.17-1.96
Diluted EPS (Rs.)-0.17-0.36-0.20-0.17-1.96
Cash EPS (Rs.)-0.16-0.36-0.05-0.04-0.65
Book Value[Excl.RevalReserv]/Share (Rs.)-1.63-1.44-1.08-0.99-0.94
Book Value[Incl.RevalReserv]/Share (Rs.)-1.63-1.44-1.08-0.99-0.94
Revenue From Operations / Share (Rs.)0.000.030.000.352.26
PBDIT / Share (Rs.)-0.05-0.14-0.05-0.04-0.74
PBIT / Share (Rs.)-0.05-0.14-0.06-0.05-0.75
PBT / Share (Rs.)-0.16-0.36-0.06-0.05-0.77
Net Profit / Share (Rs.)-0.16-0.36-0.06-0.05-0.67
PBDIT Margin (%)0.00-426.380.00-13.03-32.83
PBIT Margin (%)0.00-426.380.00-16.35-33.53
PBT Margin (%)0.00-1092.980.00-16.51-34.07
Net Profit Margin (%)0.00-1092.980.00-16.51-29.68
Return on Capital Employeed (%)3.489.8312.697.5181.10
Return On Assets (%)-1796.15-2843.44-26.22-9.74-78.04
Long Term Debt / Equity (X)0.000.00-0.49-0.23-0.01
Total Debt / Equity (X)-0.980.00-0.49-0.23-0.01
Asset Turnover Ratio (%)0.000.240.000.481.64
Current Ratio (X)0.010.010.300.400.45
Quick Ratio (X)0.010.010.300.400.45
Interest Coverage Ratio (X)-0.50-2.54-715.44-685.18-104.37
Interest Coverage Ratio (Post Tax) (X)-0.50-2.54-851.32-859.36-92.62
Enterprise Value (Cr.)36.9020.7215.216.9412.06
EV / Net Operating Revenue (X)0.00204.730.006.511.75
EV / EBITDA (X)-213.89-48.02-86.23-49.90-5.34
MarketCap / Net Operating Revenue (X)0.00204.770.005.851.75
Price / BV (X)-6.46-4.72-4.14-2.05-4.21
Price / Net Operating Revenue (X)0.00205.120.005.851.75
EarningsYield-0.01-0.05-0.01-0.02-0.16

Grand Foundry Ltd Profitability Ratios (%)

Grand Foundry Ltd Liquidity Ratios

Grand Foundry Ltd Liquidity Ratios (%)

Grand Foundry Ltd Interest Coverage Ratios (%)

Grand Foundry Ltd Valuation Ratios

Fair Value

Fair Value: 3.74

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Overvalued: 60.62% compared to the current price 9.5

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Intrinsic Value: 3.93

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 58.63% compared to the current price ₹9.5

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Last 5 Year EPS CAGR: 5.06%

*Investments are subject to market risks

Strength and Weakness of Grand Foundry Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -187.43, which is a positive sign.
  1. The stock has a low average ROCE of -20.47%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 105.66, which may not be favorable.
  3. The company has higher borrowings (6.31) compared to reserves (-14.93), which may suggest financial risk.
  4. The company has not shown consistent growth in sales (4.61) and profit (-0.20).

FAQ

What is the latest fair value of Grand Foundry Ltd?

The latest fair value of Grand Foundry Ltd is ₹3.74.

What is the Market Cap of Grand Foundry Ltd?

The Market Cap of Grand Foundry Ltd is 28.9 Cr..

What is the current Stock Price of Grand Foundry Ltd as on 23 June 2024?

The current stock price of Grand Foundry Ltd as on 23 June 2024 is ₹9.50.

What is the High / Low of Grand Foundry Ltd stocks in FY 2024?

In FY 2024, the High / Low of Grand Foundry Ltd stocks is 11.5/6.30.

What is the Stock P/E of Grand Foundry Ltd?

The Stock P/E of Grand Foundry Ltd is .

What is the Book Value of Grand Foundry Ltd?

The Book Value of Grand Foundry Ltd is 1.63.

What is the Dividend Yield of Grand Foundry Ltd?

The Dividend Yield of Grand Foundry Ltd is 0.00 %.

What is the ROCE of Grand Foundry Ltd?

The ROCE of Grand Foundry Ltd is %.

What is the ROE of Grand Foundry Ltd?

The ROE of Grand Foundry Ltd is %.

What is the Face Value of Grand Foundry Ltd?

The Face Value of Grand Foundry Ltd is 4.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Grand Foundry Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE