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The revenue for the December 2018 quarter is pegged at Rs. 828.34 millions, about 22.99% up against Rs. 673.50 millions recorded during the year-ago period.Net Profit witnessed a 194.79% growth almost the double from Rs. 27.24 millions to Rs. 80.30 millions of same quarter last year.OP of the company witnessed a marginal growth to 88.93 millions from 81.07 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 828.34 673.50 22.99 2443.51 1955.00 24.99 2737.54 2513.51 8.91 Other Income 10.12 6.90 46.67 30.00 10.95 173.97 34.52 11.28 206.03 PBIDT 88.93 81.07 9.70 298.03 243.09 22.60 327.86 329.58 -0.52 Interest 37.84 36.44 3.84 121.45 112.53 7.93 145.09 151.33 -4.12 PBDT 129.48 44.63 190.12 254.96 130.56 95.28 182.77 167.83 8.90 Depreciation 21.07 16.32 29.11 61.19 49.30 24.12 73.52 65.73 11.85 PBT 108.41 28.31 282.94 193.77 81.26 138.46 109.28 102.11 7.02 TAX 28.11 1.06 2551.89 38.15 6.51 486.02 4.10 30.57 -86.59 Deferred Tax 4.75 -5.02 -194.62 -3.61 -14.41 -74.95 -19.39 3.38 -673.67 PAT 80.30 27.24 194.79 155.63 74.75 108.20 105.18 71.55 47.00 Equity 15.73 15.73 0.00 15.73 15.73 0.00 15.73 3.50 349.43 PBIDTM(%) 10.74 12.04 -10.81 12.20 12.43 -1.91 11.98 13.11 -8.66
Gujarat Automotive Gears is currently trading at Rs. 315.00, up by 3.55 points or 1.14% from its previous closing of Rs. 311.45 on the BSE.The scrip opened at Rs. 307.35 and has touched a high and low of Rs. 315.00 and Rs. 307.35 respectively. So far 103 shares were traded on the counter.The BSE group `X` stock of face value Rs. 2 has touched a 52 week high of Rs. 367.45 on 26-Apr-2017 and a 52 week low of Rs. 164.00 on 30-Dec-2016.Last one week high and low of the scrip stood at Rs. 340.50 and Rs. 303.50 respectively. The current market cap of the company is Rs. 54.50 crore.The promoters holding in the company stood at 57.85%, while institutions and non-institutions held 0.16% and 41.99% respectively.Gujarat Automotive Gears has received the National Company Law Tribunal’s (NCLT) approval for the scheme of amalgamation of Him Teknoforge with itself and their respective shareholders on December 04, 2017. The Scheme will become effective upon filing of the Certified Copy of Order of the NCLT with Registrar of Companies, Himachal Pradesh. Gujarat Automotive Gears is manufacturer of auto and tractor components. The primary products of the company are transmission gears, axle shafts, propeller shaft components, king pin units, wheel spanners, tractor components, etc.
Gujarat Automotive Gears has informed that the Meeting of the Board of Directors of the Company will be held on February 13, 2017, to consider and approve the Unaudited Financial Results of the Company for the period ended on December 31, 2016. Further, the Trading Window in respect of dealing in Equity Shares of the Company will remain closed for all the Directors, Connected person Designated employees of the Company, with effect from February 06, 2017 to February 15, 2017. The trading window in respect of dealing in the shares of the Company shall reopen from February 16, 2017.The above information is a part of company’s filings submitted to BSE.
Gujarat Automotive Gears has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.
Gujarat Automotive Gears has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended June 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.
Gujarat Automotive Gears has informed about the details of voting results at the 44th Annual General Meeting (AGM) of the Company held on September 29, 2015, under Clause 35A of Listing Agreement & Scrutinizer Report.The above information is a part of company’s filings submitted to BSE.
Gujarat Automotive Gears has informed that Anju Aggarwal has been appointed as Additional Director (woman Director) with effect from March 31, 2015 as required under second proviso of section 149(1) of the Companies act, 2013.The above information is a part of company’s filings submitted to BSE.
Gujarat Automotive Gears has submitted a copy of the Resolution passed by the Board of Directors of the Company at its meeting held on March 13, 2015.The above information is a part of company’s filings submitted to BSE.
Gujarat Automotive Gears has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992.The above information is a part of company’s filings submitted to BSE.
Gujarat Automotive Gears has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992The above information is a part of company’s filings submitted to BSE.
Gujarat Automotive Gears has informed regarding Outcome of Board Meeting held on December 29, 2014.The above information is a part of company’s filings submitted to BSE.
Gujarat Automotive Gears has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992.The above information is a part of company’s filings submitted to BSE.