Gujarat Hy-Spin

  • Market Cap: Micro Cap
  • Industry: Garments & Apparels
  • ISIN: INE578V01013
  • NSEID:
  • BSEID: 540938
INR
17.95
1.46 (8.85%)
BSENSE

Dec 05

BSE+NSE Vol: 5000

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

5.0 k

Shareholding (Sep 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

64.89%

Who are the top shareholders of the Gujarat Hy-Spin?

06-Jun-2025

The top shareholders of Gujarat Hy-Spin include promoter Maganlal Shambhubhai Parvadiya with 21.12%, three Foreign Institutional Investors holding 1.43%, and public shareholder Bachubhai Haribhai Bokarvadiya with 2.51%, while individual investors collectively own 29.05% of the shares.

The top shareholders of Gujarat Hy-Spin include the promoters, who hold the majority of the shares. The promoter with the highest holding is Maganlal Shambhubhai Parvadiya, owning 21.12% of the company. Additionally, there are three Foreign Institutional Investors (FIIs) that collectively hold 1.43%. The highest public shareholder is Bachubhai Haribhai Bokarvadiya, with a stake of 2.51%. Individual investors also have a significant presence, holding 29.05% of the shares.

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Who are in the management team of Gujarat Hy-Spin?

06-Jun-2025

As of March 2022, the management team of Gujarat Hy-Spin includes Maganlal Parvadiya (Chairman & Wholetime Director), Chandulal Parvadia (Whole-time Director), Anil Kumar and Niteshkumar Kantariya (Independent Directors), Naresh Kanzariya (Company Secretary & Compliance Officer), and Bindiya Ketankumar Parvadiya (Director). They oversee the company's operations and regulatory compliance.

As of March 2022, the management team of Gujarat Hy-Spin includes the following individuals:<BR><BR>1. Maganlal Parvadiya - Chairman & Wholetime Director<BR>2. Chandulal Parvadia - Whole-time Director<BR>3. Anil Kumar - Independent Director<BR>4. Niteshkumar Kantariya - Independent Director<BR>5. Naresh Kanzariya - Company Secretary & Compliance Officer<BR>6. Bindiya Ketankumar Parvadiya - Director<BR><BR>This team is responsible for overseeing the company's operations and ensuring compliance with regulatory requirements.

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When is the next results date for Gujarat Hy-Spin?

06-Jun-2025

No Upcoming Board Meetings

Has Gujarat Hy-Spin declared dividend?

06-Jun-2025

No Dividend History Available

Who are the peers of the Gujarat Hy-Spin?

03-Jun-2025

Gujarat Hy-Spin's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Mahalaxmi Fab., Sanblue Corp., Prakash Woollen, and Jakharia Fabric. In terms of management risk, Gujarat Hy-Spin is rated below average, with a 1-year return of 87.50%, slightly lower than Sanblue Corp.'s 87.13%.

Peers: The peers of Gujarat Hy-Spin are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Mahalaxmi Fab., Sanblue Corp., Prakash Woollen, and Jakharia Fabric.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is noted for Trident, while Below Average management risk is seen at Mahalaxmi Fab., Sanblue Corp., Gujarat Hy-Spin, Prakash Woollen, and Jakharia Fabric. In terms of growth, Excellent growth is seen at K P R Mill Ltd, while Good growth is observed at Trent. Below Average growth is noted for Page Industries, Vedant Fashions, Trident, Mahalaxmi Fab., Sanblue Corp., Gujarat Hy-Spin, Prakash Woollen, and Jakharia Fabric. Capital Structure ratings show Excellent at Page Industries, K P R Mill Ltd, and Vedant Fashions, Good at Trident, and Below Average at Trent, Mahalaxmi Fab., Sanblue Corp., Gujarat Hy-Spin, Prakash Woollen, and Jakharia Fabric.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sanblue Corp. at 87.13%, while the peer with the lowest is Vedant Fashions at -24.67%. Gujarat Hy-Spin's own 1-year return is 87.50%, which is slightly lower than Sanblue Corp.'s. Additionally, peers with negative six-month returns include Vedant Fashions, Trident, Mahalaxmi Fab., and Prakash Woollen.

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Is Gujarat Hy-Spin overvalued or undervalued?

09-Jun-2025

As of May 21, 2025, Gujarat Hy-Spin is classified as risky and overvalued with a PE ratio of 35.01 and an EV to EBITDA of 44.54, indicating inefficiency in generating returns, despite a strong one-year stock return of 109%.

As of 21 May 2025, the valuation grade for Gujarat Hy-Spin has moved from does not qualify to risky. Based on the analysis, the company appears to be overvalued. The PE ratio stands at 35.01, while the EV to EBITDA is significantly high at 44.54, indicating inflated valuations relative to earnings. Additionally, the ROE is a mere 0.53%, suggesting inefficiency in generating returns for shareholders.<BR><BR>In comparison with peers, Gujarat Hy-Spin's PE ratio is notably higher than Bajaj Steel Industries Ltd., which has a PE of 23.88 and is classified as fair. Furthermore, Lakshmi Machine Works Ltd. is categorized as very expensive with a PE of 169.04, highlighting that Gujarat Hy-Spin, while risky, is still less expensive than some peers but remains overvalued relative to its financial performance. Despite a strong one-year stock return of 109%, which outperformed the Sensex's 7.57%, the fundamental ratios indicate that the stock's current price does not justify its valuation.

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What is the technical trend for Gujarat Hy-Spin?

09-Jun-2025

As of May 7, 2025, Gujarat Hy-Spin shows a mildly bullish trend based on daily moving averages and monthly indicators, despite mixed signals from weekly metrics and a lack of momentum in the RSI.

As of 7 May 2025, the technical trend for Gujarat Hy-Spin has changed from does not qualify to mildly bullish. The daily moving averages indicate a mildly bullish stance, while the monthly MACD and Bollinger Bands also support a bullish outlook. However, the weekly MACD and KST are mildly bearish, suggesting some caution. The RSI shows no signals in both weekly and monthly time frames, indicating a lack of momentum. Overall, the current technical stance is mildly bullish, driven primarily by the daily moving averages and monthly indicators, despite some mixed signals in the shorter time frames.

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What does Gujarat Hy-Spin do?

17-Jul-2025

Gujarat Hy-Spin Ltd manufactures and processes yarn in the Garments & Apparels industry and operates in the Micro Cap market segment. It was incorporated in 2011 and has a market cap of INR 36 Cr, with key metrics including a P/E of 36.00 and a debt-equity ratio of 0.50.

Overview: <BR>Gujarat Hy-Spin Ltd is engaged in the manufacturing and processing of yarn within the Garments & Apparels industry and operates in the Micro Cap market segment.<BR><BR>History: <BR>Gujarat Hy-Spin Limited was incorporated as a Private Limited Company on February 01, 2011, and later converted into a Public Limited Company on August 05, 2016. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 36 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 36.00 <BR>Industry P/E: 90 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.50 <BR>Return on Equity: 0.53% <BR>Price-to-Book: 1.83 <BR><BR>Contact Details: <BR>Address: P O Box No. 22, Gundala Road Gondal Rajkot Gujarat : 360311 <BR>Tel: 91-2825-297170 <BR>Email: cs@gujarathyspin.com <BR>Website: http://www.gujarathyspins.com

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How big is Gujarat Hy-Spin?

24-Jul-2025

As of 24th July, Gujarat Hy-Spin Ltd has a market capitalization of 37.00 Cr, classifying it as a Micro Cap company. Recent quarterly performance data, including Net Sales and Net Profit, is unavailable; however, as of March 2024, Shareholder's Funds are valued at 19.01 Cr and Total Assets at 35.63 Cr.

As of 24th July, Gujarat Hy-Spin Ltd has a market capitalization of 37.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent quarterly performance data is not available, so there are no figures for Net Sales or Net Profit for the latest four quarters.<BR><BR>The reporting period for the balance sheet is March 2024. Shareholder's Funds are valued at 19.01 Cr, and Total Assets amount to 35.63 Cr.

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How has been the historical performance of Gujarat Hy-Spin?

13-Nov-2025

Gujarat Hy-Spin's historical performance has been mixed, with net sales increasing from INR 47.43 crore in March 2020 to INR 92.56 crore in March 2025, despite a dip in March 2023. Operating profit has declined significantly, and while total assets and liabilities decreased, cash flow from operations remained positive.

Answer:<BR>The historical performance of Gujarat Hy-Spin shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Gujarat Hy-Spin's net sales have shown a gradual increase from INR 47.43 crore in March 2020 to INR 92.56 crore in March 2025, with a notable dip in March 2023 at INR 60.80 crore. Total operating income followed a similar trend, reaching INR 92.56 crore in March 2025. The raw material costs peaked at INR 75.88 crore in March 2024 but decreased to INR 72.83 crore in March 2025. Operating profit (PBDIT) has seen a decline from INR 6.27 crore in March 2019 to INR 2.80 crore in March 2025, reflecting a decrease in operating profit margins from 9.8% to 0.42% over the same period. Profit before tax fluctuated, with a significant loss of INR 0.67 crore in March 2023, but rebounded to INR 0.13 crore in March 2025. Profit after tax also showed volatility, moving from a loss of INR 0.54 crore in March 2023 to a profit of INR 0.10 crore in March 2025. The company's total assets decreased from INR 52.77 crore in March 2020 to INR 33.09 crore in March 2025, while total liabilities also declined from INR 44.11 crore to INR 33.09 crore in the same timeframe. Cash flow from operating activities has remained positive, reaching INR 3.00 crore in March 2025, although cash flow from financing activities has consistently been negative. Overall, Gujarat Hy-Spin has experienced a mixed performance with some recovery in recent years after a challenging period.

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Why is Gujarat Hy-Spin falling/rising?

04-Dec-2025

As of 04-Dec, Gujarat Hy-Spin Ltd's stock price is at 16.49, down 4.96%, underperforming its sector and trading below key moving averages. The stock has seen a significant drop in investor participation and has decreased by 8.69% over the past month, contrasting with the Sensex's rise.

As of 04-Dec, Gujarat Hy-Spin Ltd's stock price is falling, currently at 16.49, reflecting a decrease of 0.86 or 4.96%. The stock has underperformed its sector by 5.03% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 81.48% compared to the 5-day average. Over the past month, the stock has decreased by 8.69%, while the benchmark Sensex has risen by 2.16%. Year-to-date, Gujarat Hy-Spin's performance is down by 20.53%, contrasting sharply with the Sensex's gain of 9.12%. These factors collectively indicate a downward trend in the stock's price.

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stock-summaryMojo Parameters
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Stock DNA
stock-summary
Industry

Garments & Apparels

stock-summary
Market cap

INR 28 Cr (Micro Cap)

stock-summary
P/E

276.00

stock-summary
Industry P/E

77

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.48

stock-summary
Return on Equity

0.53%

stock-summary
Price to Book

1.47

Revenue and Profits:
Net Sales:
(Quarterly Results - )
Net Profit:
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-31.62%
0%
-31.62%
6 Months
-11.36%
0%
-11.36%
1 Year
-9.07%
0%
-9.07%
2 Years
75.12%
0%
75.12%
3 Years
46.29%
0%
46.29%
4 Years
127.22%
0%
127.22%
5 Years
217.7%
0%
217.7%

Gujarat Hy-Spin for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions
News
Announcements stock-summary

Board Meeting Outcome for Outcome Of Board Meeting - UFR H1 FY26

12-Nov-2025 | Source : BSE

The UFR H1 FY26 attached herewith.

Board Meeting Intimation for Board Meeting

06-Nov-2025 | Source : BSE

Gujarat Hy-Spin Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2025 inter alia to consider and approve unaudited standalone financial results for the half year ended on 30th September 2025.

Shareholder Meeting / Postal Ballot-Scrutinizers Report

11-Oct-2025 | Source : BSE

The Voting Results of Extra-Ordinary General Meeting.

Corporate Actions stock-summary
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
14.30%
EBIT Growth (5y)
-183.26%
EBIT to Interest (avg)
-0.67
Debt to EBITDA (avg)
5.79
Net Debt to Equity (avg)
0.46
Sales to Capital Employed (avg)
2.09
Tax Ratio
30.77%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
2.10%
ROE (avg)
0.70%
Valuation key factors
Factor
Value
P/E Ratio
276
Industry P/E
77
Price to Book Value
1.47
EV to EBIT
-29.61
EV to EBITDA
36.71
EV to Capital Employed
1.32
EV to Sales
0.40
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-4.44%
ROE (Latest)
0.53%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Maganlal Shambhubhai Parvadiya (21.12%)

Highest Public shareholder

Bachubhai Haribhai Bokarvadiya (2.51%)

Individual Investors Holdings

31.61%

stock-summaryFinancial
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    "alert": "No Quarterly Results declared by Gujarat Hy-Spin"
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    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'25",
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        "suffix": " Growth in half year ended Sep 2025 is -22.46% vs 4.01% in Mar 2025",
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        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is -176.92% vs 230.00% in Mar 2025",
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.40",
          "val2": "0.42",
          "chgp": "-4.76%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.42",
          "val2": "0.49",
          "chgp": "-14.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.30",
          "val2": "0.39",
          "chgp": "-176.92%",
          "chgp_class": "negative"
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        {
          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "0.89%",
          "chgp": "0.20%",
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  {
    "link": "nine-monthly",
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        "suffix": "YoY Growth in year ended Mar 2025 is 0.87% vs 50.92% in Mar 2024",
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        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is -41.18% vs 131.48% in Mar 2024",
        "dir": -1
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        "Mar'24",
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          "field": "Net Sales",
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          "chgp": "0.87%",
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.39",
          "val2": "0.55",
          "chgp": "-29.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.03",
          "val2": "1.12",
          "chgp": "-8.04%",
          "chgp_class": "positive"
        },
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          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
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          "field": "Standalone Net Profit",
          "val1": "0.10",
          "val2": "0.17",
          "chgp": "-41.18%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.42%",
          "val2": "0.60%",
          "chgp": "-0.18%",
          "chgp_class": "negative"
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]
Half Yearly Results Snapshot (Standalone) - Sep'25stock-summary
Sep'25
Mar'25
Change(%)
Net Sales
36.59
47.19
-22.46%
Operating Profit (PBDIT) excl Other Income
0.40
0.42
-4.76%
Interest
0.42
0.49
-14.29%
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.30
0.39
-176.92%
Operating Profit Margin (Excl OI)
1.09%
0.89%
0.20%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is -22.46% vs 4.01% in Mar 2025

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2025 is -176.92% vs 230.00% in Mar 2025

Annual Results Snapshot (Standalone) - Mar'25stock-summary
Mar'25
Mar'24
Change(%)
Net Sales
92.56
91.76
0.87%
Operating Profit (PBDIT) excl Other Income
0.39
0.55
-29.09%
Interest
1.03
1.12
-8.04%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.10
0.17
-41.18%
Operating Profit Margin (Excl OI)
0.42%
0.60%
-0.18%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 0.87% vs 50.92% in Mar 2024

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2025 is -41.18% vs 131.48% in Mar 2024

stock-summaryCompany CV
About Gujarat Hy-Spin Ltd stock-summary
stock-summary
Gujarat Hy-Spin Ltd
Micro Cap
Garments & Apparels
Gujarat Hy-Spin Limited was incorporated as a Private Limited Company with the name "Gujarat Hy-Spin Private Limited" on February 01, 2011. Subsequently the Company was converted into a Public Limited Company and Company name was changed to "Gujarat Hy-Spin Limited" on August 05, 2016. Presently, the Company is engaged in the business of manufacturing and processing of yarn. Maganbhai Parvadiya and Chandulal Parvadia are Promoters of the Company and were allotted shares on February 1, 2011.
Company Coordinates stock-summary
Company Details
P O Box No. 22, Gundala Road Gondal Rajkot Gujarat : 360311
stock-summary
Tel: 91-2825-297170
stock-summary
cs@gujarathyspin.com
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai