Gujarat Hy-Spin

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

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.

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

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.

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

No Upcoming Board Meetings

Has Gujarat Hy-Spin declared dividend?

No Dividend History Available

Who are the peers of the Gujarat Hy-Spin?

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.

Is Gujarat Hy-Spin overvalued or undervalued?

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.

What is the technical trend for Gujarat Hy-Spin?

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.

What does Gujarat Hy-Spin do?

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

How big is Gujarat Hy-Spin?

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.

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

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.

Why is Gujarat Hy-Spin Ltd falling/rising?

As of 04-Mar, Gujarat Hy-Spin Ltd's stock price is at Rs. 6.80, down 15.84%, and has lost 38.74% in the past week and 51.43% in the past month, hitting a new 52-week low. The stock is underperforming against the Sensex and shows a persistent bearish trend, despite increased investor participation.

As of 04-Mar, Gujarat Hy-Spin Ltd's stock price is falling, currently at Rs. 6.80, reflecting a change of -1.28 (-15.84%). The stock has been on a downward trend, having lost -38.74% over the past week and -51.43% over the past month. Today, the stock hit a new 52-week low of Rs. 6.76 and opened with a significant loss of -16.21%. <BR><BR>The stock has been underperforming compared to the benchmark Sensex, which has only declined -3.84% over the past week. Additionally, Gujarat Hy-Spin has been trading below its moving averages across multiple time frames, indicating a persistent bearish trend. The stock has also experienced erratic trading, not trading on 3 out of the last 20 days, which may contribute to its volatility.<BR><BR>Despite a rise in investor participation, with delivery volume increasing by 275% against the 5-day average, the overall sentiment remains negative as the stock has been losing for three consecutive days. This combination of factors, including significant price declines and underperformance relative to the market, explains the falling stock price of Gujarat Hy-Spin Ltd.

Which are the latest news on Gujarat Hy-Spin?