Suyog Gurbaxani Funicular Ropeways Ltd
Incorporated in 2010, Suyog Gurbaxani Funicular Ropeways Ltd is in the business to design, engineer, procure, finance, construct, operate and maintain Funicular Ropeway on Build, Operate & Transfer basis[1]
- Market Cap ₹ 328 Cr.
- Current Price ₹ 132
- High / Low ₹ 274 / 104
- Stock P/E 64.2
- Book Value ₹ 6.36
- Dividend Yield 0.00 %
- ROCE 16.7 %
- ROE 43.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 29.2% CAGR over last 5 years
Cons
- Stock is trading at 20.7 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -3.31% over last 3 years.
- Company has high debtors of 238 days.
- Working capital days have increased from 143 days to 255 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Construction Industry: Construction
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 7.91 | 13.19 | 4.47 | 8.05 | 18.01 | 63.12 | 74.83 | |
| 0.00 | 0.00 | 4.58 | 6.44 | 3.62 | 3.91 | 6.80 | 48.00 | 61.80 | |
| Operating Profit | 0.00 | 0.00 | 3.33 | 6.75 | 0.85 | 4.14 | 11.21 | 15.12 | 13.03 |
| OPM % | 42.10% | 51.18% | 19.02% | 51.43% | 62.24% | 23.95% | 17.41% | ||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.05 | 0.05 | |
| Interest | 0.00 | 0.00 | 1.89 | 1.93 | 2.08 | 4.44 | 4.58 | 7.11 | 7.20 |
| Depreciation | 0.00 | 0.00 | 4.93 | 6.70 | 6.71 | 6.65 | 6.64 | 0.22 | 0.21 |
| Profit before tax | 0.00 | 0.00 | -3.49 | -1.88 | -7.94 | -6.94 | 0.01 | 7.84 | 5.67 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | -3,100.00% | 28.70% | |||
| 0.00 | 0.00 | -3.48 | -1.88 | -7.93 | -6.94 | 0.31 | 5.59 | 5.11 | |
| EPS in Rs | 0.00 | 0.00 | -1.72 | -0.93 | -3.91 | -2.79 | 0.12 | 2.25 | 2.05 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 51% |
| 3 Years: | 142% |
| TTM: | 228% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 39% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 43% |
| 1 Year: | 22% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -19% |
| 3 Years: | -3% |
| Last Year: | 43% |
Balance Sheet
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12.00 | 12.00 | 20.29 | 20.29 | 20.29 | 24.86 | 24.86 | 24.86 | 24.86 |
| Reserves | 0.00 | 0.00 | -3.48 | -5.37 | -13.30 | -14.98 | -14.67 | -9.09 | -9.05 |
| 60.00 | 68.52 | 71.27 | 67.87 | 74.77 | 67.92 | 65.98 | 86.92 | 86.39 | |
| 11.46 | 12.97 | 6.03 | 5.92 | 4.44 | 4.66 | 3.86 | 13.36 | 22.93 | |
| Total Liabilities | 83.46 | 93.49 | 94.11 | 88.71 | 86.20 | 82.46 | 80.03 | 116.05 | 125.13 |
| 0.08 | 0.07 | 92.26 | 86.41 | 79.76 | 73.11 | 66.75 | 60.14 | 56.89 | |
| CWIP | 76.39 | 90.74 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 6.99 | 2.68 | 1.85 | 2.30 | 6.44 | 9.35 | 13.28 | 55.91 | 68.24 | |
| Total Assets | 83.46 | 93.49 | 94.11 | 88.71 | 86.20 | 82.46 | 80.03 | 116.05 | 125.13 |
Cash Flows
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| 6.13 | -5.96 | 3.71 | 1.03 | -11.99 | ||||
| -0.85 | -0.06 | 0.00 | -0.28 | 0.04 | ||||
| -5.33 | 6.00 | -1.11 | -3.51 | 12.00 | ||||
| Net Cash Flow | -0.05 | -0.02 | 2.60 | -2.76 | 0.05 |
Ratios
Figures in Rs. Crores
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 14.77 | 17.99 | 66.96 | 33.55 | 17.83 | 238.42 | ||
| Inventory Days | ||||||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 14.77 | 17.99 | 66.96 | 33.55 | 17.83 | 238.42 | ||
| Working Capital Days | -266.71 | -133.93 | 68.59 | 31.29 | 142.68 | 254.61 | ||
| ROCE % | 0.00% | -1.90% | 0.06% | -7.12% | -3.13% | 5.96% | 16.72% |
Documents
Announcements
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Closure of Trading Window
28 Mar - Closure of Trading Window for securities trading.
-
Board Meeting Outcome for For Meeting Held On Wednesday , February 12, 2025
12 Feb - Outcome of board meeting discussing financial health.
-
Board Meeting Intimation for Reviewing The Financial Performance Of The Company
5 Feb - Board meeting scheduled to review financial performance.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Jan - Confirmation certificate dated January 02, 2025, received from KFIN Technologies Limited: Registrar & Share Transfer Agent(RTA) for the Quarter ended December 31, 2024.
-
Closure of Trading Window
31 Dec 2024 - Closure of trading window from January 1, 2025.
Business Overview:[1]
SGFRL is engaged in infrastructure development services. It offers ropeway facilities, and provides stay, shopping, and parking services. Currently, company is involved in an infrastructural Development project through a Build, Operate and Transfer mode wherein construction of a Funicular Ropeway System project (known as Incline Ropeways) at Saptashrungi Gad Temple situated at Vani, Nashik is underway