Gujarat Hy-Spin

Why is Gujarat Hy-Spin Ltd falling/rising?

As of 01-Sep, the stock price of Gujarat Hy-Spin Ltd is 9.22, unchanged from the previous session, with a year-to-date decline of 35.48% compared to the Sensex's 9.71% drop. The stock has shown significant underperformance over the past year and exhibits low liquidity and erratic trading patterns, indicating a challenging environment.

As of 01-Sep, the stock price of Gujarat Hy-Spin Ltd is currently at 9.22, with no change from the previous trading session. The stock has shown a year-to-date decline of 35.48%, significantly underperforming the benchmark Sensex, which has only decreased by 9.71% during the same period. Over the past year, the stock has dropped by 62.90%, while the Sensex has only fallen by 4.26%. <BR><BR>In terms of recent performance, the stock has underperformed its sector by 5.89% today. Additionally, it has exhibited erratic trading patterns, not trading on 5 out of the last 20 days. Although the stock's moving averages indicate it is higher than the 20-day and 50-day averages, it remains lower than the 5-day, 100-day, and 200-day moving averages, suggesting a lack of upward momentum.<BR><BR>Despite a slight increase in investor participation, with delivery volume rising by 11.11% against the 5-day average, the overall liquidity remains low, indicating that the stock may not be attracting sufficient trading interest. These factors collectively contribute to the stock's downward trend, reflecting a challenging environment for Gujarat Hy-Spin Ltd.

Which are the latest news on Gujarat Hy-Spin?

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

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).

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>If you have any more questions about the company or its operations, feel free to ask!

What does Gujarat Hy-Spin do?

Gujarat Hy-Spin Ltd manufactures and processes yarn in the Garments & Apparels industry and is classified as a Micro Cap company with a market cap of INR 17 Cr. It was incorporated in 2011 and became a public company in 2016.

Overview: <BR>Gujarat Hy-Spin Ltd is engaged in the manufacturing and processing of yarn, operating within the Garments & Apparels industry and classified as a Micro Cap company.<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 17 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 309.00 <BR>Industry P/E: 16 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.48 <BR>Return on Equity: 0.27% <BR>Price to Book: 0.86<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

Who are the peers of the Gujarat Hy-Spin?

Gujarat Hy-Spin's peers include Davin Sons Reta, Visagar Polytex, and Vashishtha Lux, among others. It has below-average management risk and growth, with a 1-year return of -64.08%, significantly worse than its peers.

Peers: The peers of Gujarat Hy-Spin are Davin Sons Reta, Visagar Polytex, Vashishtha Lux., Heads UP Venture, Ventura Textiles, S & T Corporatio, Hisar Spg. Mills, Piotex Indus., Gajanand Inter., and Neelam Linens.<BR><BR>Quality Snapshot: Excellent management risk is observed at Piotex Indus., while Good management risk is found at Davin Sons Reta. Average management risk is noted at Vashishtha Lux., Heads UP Venture, and Hisar Spg. Mills, while Below Average management risk is present at Gujarat Hy-Spin, Visagar Polytex, S & T Corporatio, Gajanand Inter., and the rest. Growth is Excellent at Vashishtha Lux., while Average growth is seen at Heads UP Venture and the rest. Below Average growth is noted at Gujarat Hy-Spin, Davin Sons Reta, Visagar Polytex, S & T Corporatio, and Gajanand Inter. Capital Structure is Excellent at Visagar Polytex, Good at Vashishtha Lux. and Piotex Indus., while Average is seen at Davin Sons Reta and the rest, with Below Average at Gujarat Hy-Spin, Heads UP Venture, S & T Corporatio, and Gajanand Inter.<BR><BR>Return Snapshot: The peer with the highest 1-year return is S & T Corporatio at -10.04%, while Gujarat Hy-Spin has the lowest at -64.08%. Compared to its peers, Gujarat Hy-Spin's return is significantly worse. Additionally, peers with negative six-month returns include Heads UP Venture, Piotex Indus., and Gajanand Inter.

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

The next results date for Gujarat Hy-Spin Ltd is 29 May 2026.

The next results date for Gujarat Hy-Spin Ltd is scheduled for 29 May 2026.

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.

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.

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.

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.

Has Gujarat Hy-Spin declared dividend?

No Dividend History Available