Gandhinagar (Gujarat) maker of pressure vessels, heat exchangers, auxiliary skids and modular process skids for oil & gas, petroleum, chemical, fertilizer, sugar, steel and power plant customers.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY21 | FY22 | FY23 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 11 |
| Reserves | 11 | 6 | 7 | 12 | 19 | 40 | 42 | 46 |
| Borrowings | 15 | 16 | 13 | 12 | 12 | 10 | 6 | 18 |
| Other Liabilities | 13 | 14 | 14 | 17 | 12 | 15 | 11 | 19 |
| Total Liabilities | 51 | 46 | 44 | 51 | 54 | 75 | 70 | 93 |
| AssetsFixed Assets | 10 | 16 | 15 | 14 | 13 | 13 | 17 | 20 |
| CWIP | 6 | 0 | 0 | 0 | 0 | 3 | 11 | 16 |
| Investments | 1 | 1 | 0 | 0 | 0 | 2 | 2 | 2 |
| Other Assets | 33 | 29 | 28 | 37 | 41 | 58 | 40 | 55 |
| Total Assets | 51 | 46 | 44 | 51 | 54 | 75 | 70 | 93 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -1 | 1 | 3 | -0 | 6 | 8 | 3 | 1 |
| Cash from Investing | -3 | -2 | -6 | -1 | 1 | -1 | -7 | -19 |
| Cash from Financing | 5 | 1 | 5 | -1 | -5 | -1 | 8 | 5 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -3 | -1 | -4 | -1 | 6 | 7 | -2 | -18 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
539227 · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.