Dear Investor friends, Today we are discussing one Industrial goods/ Foundry machine related stock.
GUJARAT INTRUX LTD ( 517372)
Gujarat Intrux Limited is an India-based company
engaged in the manufacturing and supply of stainless steel, non-alloys steel
and alloys steel casting. The company is established in the year 1988, and went
on public in 1994.
The
Company's production capacity of foundry is approximately 300 tons per month.
The Company's plant is located at Rajkot, Gujarat. The plant is equipped with
various infrastructure, equipments and machineries.
In Dec-1997 Company has set up "Sand
Casting Foundry" Project. At present, Company is engaged in
Manufacturing and supply of Stainless Steel, Non - Alloy Steel and alloy
steel Castings.
The present production capacity of foundry is 300 tons per month. The plant is equipped with all necessary infrastructure, equipments and Machineries. The company is connected with 1800KVA high tension power Connection.
PRODUCTS & FACILITIES
The Company has semi-automatic molding loop line. The Company's melting shop is equipped with approximately two medium frequency induction furnaces of 400 and 1000 kilowatts, with varying crucibles of 100 kilograms, 400 kilograms, 900 kilograms, 1,500 kilograms and 3,000 kilograms. Its testing equipments include spectrophotometers, chemical (wet) analysis laboratory, mechanical testing laboratory, hardness testing, metallography laboratory, inter granular corrosion test (IGCT) facility, dye (liquid) penetrant test facilities, magnetic particle testing, radiography and ultrasonic testing.
Small batch
production runs: Company have wide
range of melting crucibles which allows run small batch - small weight
production. Especially when need to cast small batch qty in super alloys, facility
is proven as best inventory control facility for customer.
|
Single Vendor
Sourcing Advantage (SVSA): Apart from
Sand Castings, Gujarat Intrux have their associated Investment castings
facility having capacity to produce annually 3000 MT of alloys and Super alloys
Investment Castings. Shipment together for Investment and Sand castings in one
single container is the fast and cost effective solution
PLEASE NOTE: THIS IS NOT A REASERCH
REPORT AND NOT ANY RECOMMENDATION REPORT.
Company website: Click here
FINANCIALS AND OUTLOOK
Company shares are trading in BSE.
Promoter holding: 56.15 % as on Jun qtr.
(Increased from last qtr.)
Company posted 8.72 Cr top line in Jun
Qtr.
Net profit is 1.53 Cr bottom-line in Jun
Qtr.
Operating margins were improved.
QOQ both Topline and Bottom-line has
significantly improved.
Stock is trading at Rs 114
Company is mainly engaged in the
business of manufacturing alloy foundry industrial materials/ castings. Rising oil
prices, and new petrochemicals projects are huge positive for the company.
Company stock is trading PE of around 8,
which is significantly lower than the industry PE.
By considering above, and performance of
the company over QOQ in both topline & bottom-line has shown the strength
of the company. Also Promoters have increased their stake in the company.
NOTE
: THE ABOVE IS NOT A RESEARCH REPORT NOR A RECOMMENDATION BUT INFORMATION
AS AVAILABLE ON PUBLIC DOMAIN.
Registration
status with SEBI: I am not registered with SEBI under the (Research Analyst)
regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an
opinion concerning securities or public offers only through public media is not
required to obtain registration as research analyst under RA Regulations”
