GMM Pfaudler Ltd

GMM Pfaudler Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

GMM Pfaudler Ltd

₹ 1,402 -0.51%
22 Jul 4:01 p.m.
gmmpfaudler.com BSE: 505255 NSE: GMMPFAUDLR
About

GMM Pfaudler manufactures corrosion resistant glass-lined equipments [1]. It is a leading supplier of process equipments to the pharmaceutical and chemical industries [2]. Over the years GMMP has diversified its product portfolio to include Mixing Systems, Filtration & Drying Equipment, Engineered Systems and Heavy Engineering Equipments.

Key Points

Over 50% market share in India [1]
GMM Pfaudler (GMM) is the market leader in glass lined equipments with over 50% market share in India. It faces intense competition in small vessel segment from other domestic players. However, the group has a near monopoly in large vessel (with capacities over 16,000 litre) segment.[2].

Website BSE NSE
  • Market Cap ₹ 6,303 Cr.
  • Current Price ₹ 1,402
  • High / Low ₹ 1,898 / 1,143
  • Stock P/E 36.3
  • Book Value ₹ 215
  • Dividend Yield 0.14 %
  • ROCE 19.1 %
  • ROE 19.6 %
  • Face Value ₹ 2.00
Edit ratios

Pros

  • Company has delivered good profit growth of 29.1% CAGR over last 5 years
  • Company's median sales growth is 17.6% of last 10 years

Cons

  • Promoter holding is low: 25.2%
  • Promoter holding has decreased over last 3 years: -29.8%

* 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: Capital Goods-Non Electrical Equipment Industry: Engineering

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
459 552 647 642 699 739 780 792 866 912 937 856 741
429 516 553 560 628 641 661 674 772 780 795 742 650
Operating Profit 30 36 94 82 72 98 119 118 94 132 142 114 91
OPM % 7% 7% 14% 13% 10% 13% 15% 15% 11% 14% 15% 13% 12%
-17 1 3 1 1 28 19 -32 15 9 9 -8 11
Interest 5 14 2 6 2 16 9 21 21 20 22 23 30
Depreciation 28 39 39 28 27 27 28 30 36 35 32 36 36
Profit before tax -21 -16 56 50 44 83 101 35 51 86 97 47 36
Tax % -73% 18% 30% 24% 60% 26% 4% 46% 35% 37% 27% 40% 19%
-6 -18 39 38 17 61 97 19 33 54 70 28 29
EPS in Rs 0.96 0.59 7.88 7.25 3.65 10.14 14.45 4.15 7.86 12.22 15.82 6.43 6.91
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
213 279 308 292 353 406 503 591 1,001 2,541 3,178 3,446
197 246 272 257 306 344 426 479 862 2,257 2,748 2,970
Operating Profit 16 33 36 35 48 62 77 112 139 284 429 477
OPM % 8% 12% 12% 12% 13% 15% 15% 19% 14% 11% 14% 14%
5 4 3 4 6 9 8 5 -10 7 30 20
Interest 1 1 1 1 1 1 1 3 10 25 67 95
Depreciation 7 9 10 8 8 10 11 21 50 133 122 147
Profit before tax 13 27 28 30 44 61 73 92 68 133 271 255
Tax % 28% 30% 33% 33% 29% 30% 31% 23% 7% 44% 22% 32%
10 19 19 20 31 43 51 71 64 75 210 174
EPS in Rs 2.21 4.34 4.30 4.58 7.09 9.72 11.52 16.20 16.73 19.37 36.37 39.80
Dividend Payout % 42% 23% 23% 22% 19% 14% 13% 10% 10% 10% 6% 5%
Compounded Sales Growth
10 Years: 29%
5 Years: 47%
3 Years: 51%
TTM: 8%
Compounded Profit Growth
10 Years: 25%
5 Years: 29%
3 Years: 29%
TTM: 7%
Stock Price CAGR
10 Years: 35%
5 Years: 27%
3 Years: -3%
1 Year: -4%
Return on Equity
10 Years: 20%
5 Years: 21%
3 Years: 20%
Last Year: 20%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 3 3 3 3 3 3 3 3 3 3 9 9
Reserves 116 136 148 164 191 225 266 326 403 524 792 959
0 0 0 0 0 0 0 34 633 636 973 906
77 96 84 89 125 161 165 166 1,342 1,554 1,582 1,271
Total Liabilities 196 235 234 256 318 389 434 530 2,381 2,717 3,355 3,144
55 53 46 53 61 71 78 134 1,043 1,002 1,224 1,233
CWIP 1 2 5 4 2 7 5 2 4 13 13 27
Investments 11 12 12 14 46 51 48 36 1 0 0 0
129 169 171 184 209 260 303 358 1,332 1,703 2,118 1,884
Total Assets 196 235 234 256 318 389 434 530 2,381 2,717 3,355 3,144

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
24 6 30 25 22 68 27 27 157 236 185 284
-12 2 -17 -17 -21 -24 -8 -50 -66 -134 -294 -32
-5 -7 -6 -6 -6 -8 -10 -5 105 -55 130 -244
Net Cash Flow 8 2 8 2 -5 35 9 -28 196 47 21 8

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 50 57 45 61 72 45 49 46 113 51 50 46
Inventory Days 214 270 202 214 201 207 181 181 470 241 220 165
Days Payable 83 90 97 93 133 132 100 92 246 141 153 106
Cash Conversion Cycle 181 236 150 182 140 121 130 134 337 151 117 105
Working Capital Days 41 56 46 51 65 43 56 80 104 53 57 64
ROCE % 10% 21% 20% 19% 22% 29% 29% 31% 15% 13% 22% 19%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
54.95% 54.95% 54.95% 54.95% 56.06% 38.74% 38.74% 38.74% 25.18% 25.18% 25.18% 25.18%
10.03% 10.85% 12.15% 11.84% 11.71% 19.02% 19.96% 18.84% 26.49% 22.58% 22.15% 22.20%
5.93% 5.99% 5.82% 6.10% 5.61% 10.65% 10.58% 10.75% 12.58% 13.10% 13.06% 14.51%
29.09% 28.22% 27.09% 27.11% 26.63% 31.60% 30.72% 31.67% 35.75% 39.12% 39.61% 38.11%
No. of Shareholders 91,99089,75686,48988,7741,00,4051,16,5251,10,4811,12,8951,17,4521,29,8181,30,3101,27,194

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls