Latest news with #GujaratFluorochemicals
Economic Times
6 days ago
- Business
- Economic Times
ICICI Securities downgrades Gujarat Fluorochemicals to Hold, revises target price to Rs 3,790
Gujarat Fluorochemicals' key products/revenue segments include Fluorochemicals, Bulk Drugs & Chemicals, Export Incentives, Other Operating Revenue, Scrap, Carbon Credit for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 1251 crore, up 7.66% from last quarter Total Income of Rs 1162 crore and up 8.66% from last year same quarter Total Income of Rs 1151.32 crore. The company has reported net profit after tax of Rs 191.00 crore in the latest quarter. The company's top management includes Kumar Jain, Prakash Jain, Prakash Lohia, Swarup, Prashad Jain, Agnihotri, Kumar Muppirala, Kapoor, Kumar Jain, Bhargava. Company has Patankar & Associates as its auditors. As on 31-03-2025, the company has a total of 11 crore shares outstanding. Live Events Investment Rationale Gujarat Fluorochemicals' Q4FY25 print was impacted by lower sales of bulk chemicals with production disrupted for 20 days due to incident in Dahej. It expects fluoropolymers revenue to grow 25% in FY26 with higher volume in new fluoropolymers, and steady rise in PTFE volume. R-32 capacity commissioning has been expedited, and may now start in H2FY26, therefore, supporting fluorochemicals. GFL remains confident of approvals, and contracts in battery chemicals for LiPF6 salt, and binders immediately with potential billing to commence in H2FY26. ICICI Securities cut the EPS for FY26/27E by 3-9% and reduced target price to Rs 3,790 (from Rs 4,160), valuing the stock at FY28E P/E multiple of 30x (unchanged); downgrade to HOLD (from Buy). Promoter/FII Holdings Promoters held 62.58 per cent stake in the company as of 31-Mar-2025, while FIIs owned 4.63 per cent, DIIs 10.7 per cent. (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel ICICI Securities has downgraded Gujarat Fluorochemicals to Hold from Buy earlier, with a revised target price of Rs 3,790 (earlier Rs 4,160). The current market price of Gujarat Fluorochemicals is Rs 3821.4. Gujarat Fluorochemicals, incorporated in 2018, is a Mid Cap company with a market cap of Rs 42064.86 crore, operating in the chemicals Fluorochemicals' key products/revenue segments include Fluorochemicals, Bulk Drugs & Chemicals, Export Incentives, Other Operating Revenue, Scrap, Carbon Credit for the year ending the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 1251 crore, up 7.66% from last quarter Total Income of Rs 1162 crore and up 8.66% from last year same quarter Total Income of Rs 1151.32 crore. The company has reported net profit after tax of Rs 191.00 crore in the latest company's top management includes Kumar Jain, Prakash Jain, Prakash Lohia, Swarup, Prashad Jain, Agnihotri, Kumar Muppirala, Kapoor, Kumar Jain, Bhargava. Company has Patankar & Associates as its auditors. As on 31-03-2025, the company has a total of 11 crore shares Fluorochemicals' Q4FY25 print was impacted by lower sales of bulk chemicals with production disrupted for 20 days due to incident in Dahej. It expects fluoropolymers revenue to grow 25% in FY26 with higher volume in new fluoropolymers, and steady rise in PTFE volume. R-32 capacity commissioning has been expedited, and may now start in H2FY26, therefore, supporting fluorochemicals. GFL remains confident of approvals, and contracts in battery chemicals for LiPF6 salt, and binders immediately with potential billing to commence in H2FY26. ICICI Securities cut the EPS for FY26/27E by 3-9% and reduced target price to Rs 3,790 (from Rs 4,160), valuing the stock at FY28E P/E multiple of 30x (unchanged); downgrade to HOLD (from Buy).Promoters held 62.58 per cent stake in the company as of 31-Mar-2025, while FIIs owned 4.63 per cent, DIIs 10.7 per cent. (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
Time of India
6 days ago
- Business
- Time of India
ICICI Securities downgrades Gujarat Fluorochemicals to Hold, revises target price to Rs 3,790
ICICI Securities has downgraded Gujarat Fluorochemicals to Hold from Buy earlier, with a revised target price of Rs 3,790 (earlier Rs 4,160). The current market price of Gujarat Fluorochemicals is Rs 3821.4. Gujarat Fluorochemicals, incorporated in 2018, is a Mid Cap company with a market cap of Rs 42064.86 crore, operating in the chemicals sector. Gujarat Fluorochemicals' key products/revenue segments include Fluorochemicals, Bulk Drugs & Chemicals, Export Incentives, Other Operating Revenue, Scrap, Carbon Credit for the year ending 31-Mar-2024. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Thon An Quynh: Unsold Furniture Liquidation 2024 (Prices May Surprise You) Unsold Furniture | Search Ads Learn More Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 1251 crore, up 7.66% from last quarter Total Income of Rs 1162 crore and up 8.66% from last year same quarter Total Income of Rs 1151.32 crore. The company has reported net profit after tax of Rs 191.00 crore in the latest quarter. The company's top management includes Kumar Jain, Prakash Jain, Prakash Lohia, Swarup, Prashad Jain, Agnihotri, Kumar Muppirala, Kapoor, Kumar Jain, Bhargava. Company has Patankar & Associates as its auditors. As on 31-03-2025, the company has a total of 11 crore shares outstanding. Live Events Investment Rationale Gujarat Fluorochemicals' Q4FY25 print was impacted by lower sales of bulk chemicals with production disrupted for 20 days due to incident in Dahej. It expects fluoropolymers revenue to grow 25% in FY26 with higher volume in new fluoropolymers, and steady rise in PTFE volume. R-32 capacity commissioning has been expedited, and may now start in H2FY26, therefore, supporting fluorochemicals. GFL remains confident of approvals, and contracts in battery chemicals for LiPF6 salt, and binders immediately with potential billing to commence in H2FY26. ICICI Securities cut the EPS for FY26/27E by 3-9% and reduced target price to Rs 3,790 (from Rs 4,160), valuing the stock at FY28E P/E multiple of 30x (unchanged); downgrade to HOLD (from Buy). Promoter/FII Holdings Promoters held 62.58 per cent stake in the company as of 31-Mar-2025, while FIIs owned 4.63 per cent, DIIs 10.7 per cent.
Business Standard
27-05-2025
- Business
- Business Standard
Gujarat Fluorochemicals consolidated net profit rises 89.11% in the March 2025 quarter
Sales rise 8.12% to Rs 1225.00 crore Net profit of Gujarat Fluorochemicals rose 89.11% to Rs 191.00 crore in the quarter ended March 2025 as against Rs 101.00 crore during the previous quarter ended March 2024. Sales rose 8.12% to Rs 1225.00 crore in the quarter ended March 2025 as against Rs 1133.00 crore during the previous quarter ended March 2024. For the full year,net profit rose 25.52% to Rs 546.00 crore in the year ended March 2025 as against Rs 435.00 crore during the previous year ended March 2024. Sales rose 10.65% to Rs 4737.00 crore in the year ended March 2025 as against Rs 4281.00 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1225.001133.00 8 4737.004281.00 11 OPM % 24.9821.01 - 24.4222.31 - PBDT 306.00222.00 38 1068.00881.00 21 PBT 217.00141.00 54 713.00595.00 20 NP 191.00101.00 89 546.00435.00 26
