FGP

Why is FGP Ltd falling/rising?

As of 01-Sep, FGP Ltd's stock price is declining by 2.75% due to underperformance, reduced investor participation, and ongoing financial challenges, despite strong long-term performance and increased promoter confidence.

As of 01-Sep, FGP Ltd's stock price is currently falling, with a change of -0.36, representing a decline of 2.75%. This downward movement is attributed to several factors. The stock has underperformed its sector by 4.01% today and has experienced consecutive falls over the last two days, resulting in a total decline of 5.42% during this period. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 68.8% compared to the 5-day average, indicating reduced trading interest.<BR><BR>Despite the company's long-term performance being strong, with a 33.58% return over the past year and a notable increase in promoter confidence—where promoters have raised their stake by 1.6%—the company faces challenges. It has reported operating losses and a weak long-term fundamental strength, highlighted by a poor EBIT to Interest ratio of -0.57 and a low Return on Equity of 1.95%. Furthermore, the company has recorded a negative EBITDA of Rs. -0.87 crore, which raises concerns about its profitability and financial stability.<BR><BR>In summary, while FGP Ltd has shown strong long-term performance and increasing promoter confidence, the current decline in stock price is primarily driven by recent underperformance, reduced investor participation, and ongoing financial challenges.

Which are the latest news on FGP?

Who are in the management team of FGP?

The management team of FGP includes H N Singh Rajpoot (Chairman), H C Dalal, Prem Kapil, Shweta Musale (all Independent Non-Executive Directors), Rohin Feroze Bomanji (Non-Executive Director), and Vandana Joshi (Company Secretary & Compliance Officer).

The management team of FGP includes the following members:<BR><BR>1. **H N Singh Rajpoot** - Chairman (Non-Executive) & Director (Non-Independent)<BR>2. **H C Dalal** - Independent Non-Executive Director<BR>3. **Prem Kapil** - Independent Non-Executive Director<BR>4. **Rohin Feroze Bomanji** - Non-Executive & Non-Independent Director<BR>5. **Shweta Musale** - Independent Non-Executive Director<BR>6. **Vandana Joshi** - Company Secretary & Compliance Officer<BR><BR>If you need more details about any specific member or their roles, feel free to ask!

What does FGP do?

FGP Ltd is a Non Banking Financial Company (NBFC) focused on the micro-cap market, with a market cap of INR 16 Cr and recent quarterly net sales of 1 Cr and net profit of 0 Cr. The company was incorporated in 1962 and has undergone significant changes since then, including a name change in 1982.

Overview:<BR>FGP Ltd is a Non Banking Financial Company (NBFC) operating in the micro-cap market segment.<BR><BR>History:<BR>FGP Ltd was incorporated on June 27, 1962, and was formerly known as Fibre Glass Pilkington Limited. The company underwent a name change on April 15, 1982, following a public issue that diluted the foreign collaborator's stake, transitioning it to a non-FERA company. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 16 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 389.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -1.04 <BR>Return on Equity: 1.17% <BR>Price to Book: 4.70 <BR><BR>Contact Details:<BR>Address: 9 Wallace Street, Fort Mumbai Maharashtra : 400001 <BR>Phone: 91-22-22070273/22015269 <BR>Email: investors@fgpltd.in <BR>Website: http://www.fgpltd.in

Who are the peers of the FGP?

FGP's peers include Northlink Fiscal, Guj. Lease Fin., Bharat Bhushan, Rander Corpn., NDA Securities, Shree Securities, CitiPort Fin., Mehta Integrat., Inani Securities, and Beryl Securities. Rander Corpn. and Inani Securities show good growth, while CitiPort Fin. has the highest 1-year return at 103.56%, and NDA Securities has the lowest at -34.55%.

Peers: The peers of FGP are Northlink Fiscal, Guj. Lease Fin., Bharat Bhushan, Rander Corpn., NDA Securities, Shree Securities, CitiPort Fin., Mehta Integrat., Inani Securities, and Beryl Securities.<BR><BR>Quality Snapshot: Below Average management risk is observed at FGP, Rander Corpn., NDA Securities, Shree Securities, Inani Securities, and Beryl Securities, while the rest do not qualify. All peers have below average growth except for Rander Corpn. and Inani Securities, which have good and excellent growth respectively, and the rest do not qualify. Capital Structure ratings show that Rander Corpn. has good capital structure, NDA Securities and Shree Securities have excellent capital structure, while FGP, Bharat Bhushan, Northlink Fiscal, Guj. Lease Fin., and the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is CitiPort Fin. at 103.56%, while the lowest is NDA Securities at -34.55%. FGP's own 1-year return is 30.64%, which is significantly higher than NDA Securities but lower than CitiPort Fin. Additionally, NDA Securities and Shree Securities have negative six-month returns.

Should I buy, sell or hold FGP Ltd?

Are FGP Ltd latest results good or bad?

FGP Ltd.'s latest results show a return to profitability with a net profit of ₹0.24 crore, but revenue has sharply declined by 69.36% from the previous quarter, raising concerns about operational stability. While the profit margin improved, it heavily relies on non-operating income, indicating ongoing challenges.

FGP Ltd.'s latest results present a mixed picture. On one hand, the company has returned to profitability with a net profit of ₹0.24 crore in Q1 FY27, a significant improvement from a loss of ₹0.29 crore in the previous quarter. This marks a positive turnaround in terms of net profit.<BR><BR>However, the revenue figures tell a different story. The company reported revenue of ₹0.53 crore, which is a sharp decline of 69.36% compared to the previous quarter. While this represents a remarkable year-on-year growth of 657.14% from a very low base, the quarter-on-quarter drop raises concerns about revenue stability.<BR><BR>Additionally, the profit after tax (PAT) margin improved to 45.28%, up from -16.76% in the prior quarter, but this improvement is largely attributed to other income, which accounted for a significant portion of total revenue. The core operational performance remains weak, as indicated by a negative operating profit before depreciation, interest, and tax.<BR><BR>Overall, while the company has achieved profitability, the substantial revenue contraction and reliance on non-operating income highlight ongoing operational challenges. Investors should be cautious and consider these factors when evaluating the company's financial health.

When is the next results date for FGP Ltd?

The next results date for FGP Ltd is 04 August 2026.

The next results date for FGP Ltd is scheduled for 04 August 2026.

How has been the historical performance of FGP?

FGP's historical performance from March 2008 to March 2009 showed a significant recovery, with profit before tax rising to 6.43 Cr from a loss of -5.40 Cr, and earnings per share improving to 5.4 from -4.54, despite a decline in cash flow from operating activities. Total operating income increased to 0.86 Cr, while total expenditure rose to 1.06 Cr, indicating challenges in cash management.

Answer:<BR>The historical performance of FGP shows significant changes from March 2008 to March 2009.<BR><BR>Breakdown:<BR>In March 2009, FGP reported net sales of 0.19 Cr, consistent with the previous year, while other operating income increased to 0.67 Cr from 0.00 Cr, leading to a total operating income of 0.86 Cr, up from 0.19 Cr in March 2008. Total expenditure rose to 1.06 Cr from 0.70 Cr, with employee costs increasing slightly to 0.14 Cr and power costs also rising to 0.14 Cr. Operating profit (PBDIT) excluding other income improved to -0.20 Cr from -0.51 Cr, and the overall operating profit turned positive at 0.00 Cr compared to -0.51 Cr the previous year. FGP's profit before tax surged to 6.43 Cr from a loss of -5.40 Cr, resulting in a profit after tax of 6.42 Cr, a significant recovery from the loss of -5.40 Cr in March 2008. The earnings per share (EPS) also reflected this turnaround, increasing to 5.4 from -4.54. The operating profit margin improved to -23.08% from -274.33%, and the profit after tax margin rose to 748.6% from -2889.3%. However, cash flow from operating activities fell to -0.08 Cr from 1.95 Cr, and the net cash outflow was -0.40 Cr compared to a net inflow of 0.56 Cr in the previous year, indicating challenges in cash management despite the overall profit recovery.

Is FGP overvalued or undervalued?

As of August 4, 2025, FGP is considered overvalued and risky, with a PE ratio of -9.68 and significant financial struggles, underperforming its peers and the Sensex, which has seen a year-to-date return of -16.08% compared to the Sensex's 3.69%.

As of 4 August 2025, the valuation grade for FGP has moved from very expensive to risky, indicating a significant shift in perception. The company is currently assessed as overvalued. Key ratios reveal a PE ratio of -9.68, an EV to EBITDA of -6.67, and a ROCE of -39.00%, all of which highlight the company's financial struggles.<BR><BR>In comparison to peers, FGP's valuation appears unfavorable; for instance, Asahi India Glass is categorized as very expensive with a PE ratio of 62.16, while Borosil Renewables is also risky with a PE of 145.48. The stark contrast in these ratios suggests that FGP is not only underperforming relative to its peers but also reflects a concerning financial position. Additionally, FGP's stock has underperformed the Sensex over various periods, notably with a year-to-date return of -16.08% compared to the Sensex's 3.69%.

How big is FGP?

As of 24th July, FGP Ltd has a market capitalization of 10.00 Cr, classifying it as a Micro Cap company. It reported net sales of 0.24 Cr and a net loss of 0.03 Cr, with specific values for Shareholder's Funds and Total Assets unavailable.

As of 24th July, FGP Ltd has a market capitalization of 10.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, FGP Ltd reported net sales of 0.24 Cr. However, the company experienced a net loss of 0.03 Cr during the same period.<BR><BR>The reporting period for the balance sheet data is the latest annual period. Unfortunately, specific values for Shareholder's Funds and Total Assets are not available.

Who are the top shareholders of the FGP?

The top shareholders of FGP include Swallow Associates LLP with 24.26%, Life Insurance Corporation of India at 3.09%, and individual investors collectively holding 49.08%. There are no pledged promoter holdings or mutual funds, and foreign institutional investors hold a negligible 0.0%.

The top shareholders of FGP include Swallow Associates LLP, which holds the largest stake at 24.26%. Following that, the highest public shareholder is the Life Insurance Corporation of India, with a holding of 3.09%. Additionally, individual investors collectively hold a significant portion of 49.08%. There are also three foreign institutional investors (FIIs) involved, but they hold a negligible percentage of 0.0%. Notably, there are no pledged promoter holdings or mutual funds involved in the shareholding.

What is the technical trend for FGP?

As of June 2, 2025, FGP's technical trend is neutral with mixed signals: the weekly MACD is bullish, the monthly MACD is mildly bearish, and while Bollinger Bands suggest some upward potential, daily moving averages indicate short-term weakness.

As of 2 June 2025, the technical trend for FGP has changed from mildly bullish to sideways. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The RSI shows no signal on both weekly and monthly charts, suggesting a lack of momentum. Bollinger Bands indicate a mildly bullish stance on both weekly and monthly levels, which supports some upward potential. However, daily moving averages are mildly bearish, reflecting short-term weakness. The KST is bullish on the weekly but mildly bearish on the monthly, further contributing to the mixed outlook. Overall, the current technical stance is neutral, with strength lacking in the short term.

Has FGP declared dividend?

No Dividend History Available