Quality Foils (India) Ltd
Incorporated in 1990, Quality Foils (India) is engaged in manufacturing and export of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible Hoses/pipes. It is situated in Hisar,Haryana [1]
- Market Cap ₹ 29.1 Cr.
- Current Price ₹ 102
- High / Low ₹ 167 / 81.5
- Stock P/E 21.7
- Book Value ₹ 101
- Dividend Yield 0.00 %
- ROCE 6.82 %
- ROE 4.78 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.01 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 6.61% over last 3 years.
- Contingent liabilities of Rs.9.79 Cr.
- Company might be capitalizing the interest cost
* 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: Steel Industry: Steel - Medium / Small
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
153 | 151 | 124 | 180 | 186 | 155 | |
148 | 145 | 118 | 173 | 180 | 149 | |
Operating Profit | 5 | 6 | 6 | 6 | 7 | 5 |
OPM % | 3% | 4% | 5% | 4% | 4% | 4% |
0 | 1 | 0 | 1 | 2 | 1 | |
Interest | 3 | 4 | 3 | 3 | 4 | 3 |
Depreciation | 1 | 1 | 1 | 1 | 2 | 2 |
Profit before tax | 1 | 1 | 1 | 2 | 4 | 2 |
Tax % | 32% | 18% | 27% | 27% | 17% | 23% |
1 | 1 | 1 | 2 | 3 | 1 | |
EPS in Rs | 59.29 | 77.14 | 68.57 | 115.71 | 11.18 | 4.70 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 8% |
TTM: | -17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 13% |
TTM: | -24% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -10% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 7% |
Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 3 | 3 |
Reserves | 14 | 16 | 17 | 19 | 25 | 26 |
43 | 41 | 41 | 48 | 43 | 35 | |
12 | 7 | 5 | 10 | 6 | 6 | |
Total Liabilities | 70 | 66 | 65 | 78 | 76 | 69 |
21 | 20 | 19 | 20 | 20 | 22 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 2 |
Investments | 1 | 1 | 1 | 1 | 0 | 0 |
49 | 45 | 45 | 57 | 56 | 44 | |
Total Assets | 70 | 66 | 65 | 78 | 76 | 69 |
Cash Flows
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
3 | 6 | 4 | -2 | 9 | 15 | |
-5 | -1 | 0 | -2 | -0 | -9 | |
1 | -5 | -3 | 4 | -5 | -11 | |
Net Cash Flow | -0 | -0 | 1 | -0 | 4 | -5 |
Ratios
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 72 | 62 | 82 | 68 | 59 | 57 |
Inventory Days | 34 | 43 | 46 | 46 | 39 | 41 |
Days Payable | 21 | 7 | 0 | 9 | 1 | 0 |
Cash Conversion Cycle | 85 | 98 | 128 | 105 | 97 | 97 |
Working Capital Days | 90 | 95 | 121 | 100 | 91 | 88 |
ROCE % | 8% | 9% | 8% | 7% |
Documents
Announcements
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Trading Window
28 August 2024 - Quality Foils (India) Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
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Book Closure
16 August 2024 - Register of Members & Share Transfer Books of the Company will remain closed from 29-Aug-2024 to 04-Sep-2024 for the purpose of MT.
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Shareholders meeting
14 August 2024 - Quality Foils (India) Limited has informed regarding Notice of Annual General Meeting to be held on September 04, 2024 and disclosed the book closure, cut-off …
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Shareholders meeting
10 August 2024 - Quality Foils (India) Limited has informed regarding Notice of 34th Annual General Meeting to be held on September 04, 2024 at the registered office of …
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Change in Auditors
10 August 2024 - Quality Foils (India) Limited has informed regarding Change in Auditors of the company.
Business Area[1] Quality Foils is among India's prospering manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible hose pipes. The entity has experience of over three decades in the manufacturing of stainless steel products.