Gujarat Fluorochemicals Ltd


BSE: 500173 | NSE: GUJFLUORO | ISIN: INE538A01037 
Market Cap: [Rs.Cr.] 3,072 | Face Value: [Rs.] 1
Industry: Chemicals

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Board Meet

30-May-13 
Gujarat Fluorochemicals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 30, 2013, to consider and adopt Annual Accounts of the Company and to consider and recommend final dividend, if any, for the Financial Year ended on March 31, 2013 & also to consider Audited Financial Results for the year ended on March 31, 2013. 
30-Jan-13 
Quarterly Results Gujarat Fluorochemicals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 30, 2013, inter alia, to consider Unaudited Financial Results of the Company for the quarter ended on December 31, 2012 and also to consider a proposal for declaration of Interim Dividend for financial Year 2012-13 (Q3). (As per BSE Announcement Dated on 22.01.2013) Gujarat Fluorochemicals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 30, 2013, inter alia, has declared first Interim Dividend for the financial year 2012-13 @ Rs. 1.50 per equity share on the face value of Rs. 1 per equity share (150%). (As per BSE Announcement Dated on 30.01.2013) 
27-Oct-12 
Gujarat Fluorochemicals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 27, 2012, to consider Unaudited Financial Results of the Company for the quarter ended on September 30, 2012 (Q2). 
31-Jul-12 
Gujarat Fluorochemicals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 31, 2012, to consider Unaudited Financial Results of the Company for the quarter ended on June 30, 2012 (Q1). 
25-May-12 
Gujarat Fluorochemicals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 25, 2012, to consider to consider and approve Audited Financial Results for the year ended on March 31, 2012 and to consider and recommend final dividend, if any, for the Financial Year ended on March 31, 2012. Gujarat Fluorochemicals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 25, 2012, inter alia, has recommended a final dividend @ Rs. 1.50 (150%) per equity share subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Company. (As Per BSE Announcement Dated on 25.05.2012) 

AGM

27-Jul-12
Gujarat Fluorochemicals Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 23, 2012 to July 27, 2012 (both days inclusive) for the purpose of Payment of Final Dividend & Annual General Meeting (AGM) of the Company to be held on July 27, 2012 Gujarat Fluorochemicals Ltd has informed BSE that the 25th Annual General Meeting (AGM) of the Company was held on July 27, 2012, under Clause 35A. (As Per BSE Announcement Website Dated on 28/07/2012) 
15-Jul-11
AGM 15/07/2011 Gujarat Fluorochemicals Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on July 15, 2011. (As per BSE Annoncement Website Dated on 26/07/2011) 
10-Jul-10
AGM 10/07/2010 Gujarat Fluorochemicals Limited has informed the Exchange that the Register of Members and share transfer books of the Company will be closed from July 08, 2010 to July 10, 2010 (both days inclusive) to ascertain the names of the Members who will entitled to receive the final dividend on equity shares to be declared by the Members at its Annual General Meeting scheduled to be held on July 10, 2010. (As Per NSE Bulletin dated on 29.06.2010) Gujarat Fluorochemicals Ltd has informed BSE that the members at the 23rd Annual General Meeting (AGM) of the Company held on July 10, 2010, inter alia, have accorded to the following: 1. Adoption of the Audited Profit and Loss Account of the Company for the year ended March 31, 2010, the Balance Sheet as at that date, the report of the Auditors thereon and the report of the Board of Directors for the said year. 2. Payment of two interim dividends of Rs. 1.00 per equity share each be and are hereby noted and further a final dividend of Rs. 1.50 per equity share be and is hereby declared and the same be paid to those Members whose names appear in the Register of Members as on July 10, 2010. 3. Re-appointment of Shri. O P Lohia & Dr. S Rama Iyer as Directors of the Company. 4. Appointment of M/s. Patankar & Associates, Chartered Accountants, as Auditors of the Company for the period from the conclusion of this Meeting until conclusion of next Annual General Meeting of the Company, on remuneration terms & conditions. 5. Reappointment of Shri. Dinesh Kumar Sachdeva as a Whole-time Director of the Company for a further period of one year commencing from November 29, 2010, on remuneration, terms & conditions. 6. Reappointment of Shri. J S Bedi as a Whole-time Director of the Company for a further period of one year commencing from December 01, 2010, on remuneration, terms & conditions. 7. Authority to the Board to be paid commission to Shri. D K Jain, Chairman of the Company for a period of five financial years commencing from the financial year 2009-2010 of an amount equal to one percent of the net profits of the Company, on necessary terms & conditions. (As Per BSE Announcement Website dated on 16.07.2010) 
29-Jun-09
AGM 29.06.2009 Gujarat Fluorochemicals Ltd has informed BSE that the members at the 22nd Annual General Meeting (AGM) of the Company held on June 29, 2009, inter alia, have accorded to the following: 1. Adoption of the Audited Profit and Loss Account of the Company for the year ended March 31, 2009, the Balance Sheet as at that date, the report of the Auditors' thereon and the report of the Board of Directors for the said year. 2. Declaration of final dividend of Rs 3.50 per share of the Company. 3. Re-appointment of Shri. V P Mittal & Shri. P K Jain as Directors of the Company. 4. Appointment of M/s. Patankar & Associates, Chartered Accountants, as Auditors of the Company for the period from the conclusion of this Meeting until conclusion of next Annual General Meeting of the Company, on remuneration terms & conditions. 5. Appointment of Shri. Shanti Prasad Jain, as Directors of the Company. 6. Re-appointment of Shri. DK Sachdeva as a Whole Time Director of the Company, for the period from November 29, 2009 to November 28, 2010, on remuneration terms & conditions. 7. Appointment of Shri. JS Bedi as a Whole-Time Director of the Company for the period from December 01, 2009 to November 30, 2010, on remuneration terms & conditions. (As Per BSE Announcement Dated on 03/07/2009) 
20-Sep-08
AGM 20/09/2008 Gujarat Fluorochemicals Ltd has informed BSE that the members at the 21st Annual General Meeting (AGM) of the Company held on September 20, 2008, inter alia, have accorded to the following: 1. Adoption of the Audited Profit and Loss Account of the Company for the year ended March 31, 2008, the Balance Sheet as at that date, the report of the Auditors' thereon and the report of the Board of Directors for the said year. 2. Declaration of payment of two interim dividends of Rs 2.50 per share each and further a final dividend of Rs 1.00 per share. 3. Re-appointment of Shri. D K Jain & Shri. Shailendra Swarup as Directors of the Company. 4. Appointment of M/s. Patankar & Associates, Chartered Accountants, as Auditors of the Company for the period from the conclusion of this Meeting until conclusion of next Annual General Meeting of the Company, on remuneration terms & conditions. 5. Appointment of Dr. S Rama Iyer & Shri. Deepak Asher, as Directors of the Company. 6. Re-appointment of Shri. DK Sachdeva as a Whole Time Director of the Company, for the period from November 29, 2008 to November 28, 2009, on remuneration terms & conditions. 7. Appointment of Shri. JS Bedi as a Whole-Time Director of the Company for the period from December 01, 2008 to November 30, 2009, on remuneration terms & conditions. 8. Appointment of Shri. Devansh Jain, relative of Shri. DK Jain and Shri. Vivek Jain, Directors of the Company, to hold Office or Place of Profit of the Company as Member (Corporate Management Group) with effect from March 21, 2008, on remuneration terms & conditions. (As Per BSE Announcement Website dated on 10.10.2008) 

EGM

15-Jan-08
Gujarat Fluorochemicals Ltd has informed the Exchange that "The Extra Ordinary General Meeting of the Members of the Company held on January 15, 2008, the Members have passed following resolutions unanimously: 1) the existing one equity share with a paid up face value of Rs 2 each be sub divided into two equity shares with a paid up face value of Rs 1 each. 2) The capital clause of the Memorandum of Association be amended due to the sub-division of the existing one equity share with a paid up face value of Rs 2 each into two equity shares with a paid up face value of Rs 1 each. 3) The capital clause of the Articles of Association of the Company be altered due to the sub-division of the existing one equity share with a paid up face value of Rs 2 each into two equity shares with a paid up face value of Rs 1 each." Gujarat Fluorochemicals Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 15, 2008,, have passed the following resolutions unanimously: 1. The existing one equity share with a paid up face value of Rs 2 each be sub divided into two equity shares with a paid up face value of Rs 1 each. 2. The Capital clause of the Memorandum of Association be amended due to the sub-division of the existing one equity share with a paid up face value of Rs 2 each into two equity shares with a paid up face value of Rs 1 each. 3. The Capital clause of the Articles of Association of the Company be altered due to the sub-division of the existing one equity share with a paid up face value of Rs 2 each into two equity shares with a paid up face value of Rs 1 each. (As per BSE Announcement Website dated on 16/01/2008) Gujarat Fluorochemicals Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on January 15, 2008, inter alia, have accorded the following: 1. Sub-division of the existing 5,78,90,000 Equity Shares of Rs 2 each in the capital of the Company on which the sum of Rs 2 is credited as paid-up into 11,57,80,000 of Rs 1 each, upon each of which the sum of Rs 1 shall be credited as paid up. 2. Amendment in the Clause V of the Memorandum of Association of the Company be substituted the following: "The Authorised Capital of the Company is Rs 20,00,00,000 (Rupees Twenty Owes only) divided into 20,00,00,000 (Twenty Crore) Equity Shares of Rs 1 each." 3. Amendment in the Articles 3 of the Association of the Company be substituted the following: "The Authorised Capital of the Company is Rs 20,00,00,000 (Rupees Twenty Crores only) divided into 20,00,00,000 (Twenty Crore) Equity Shares of Rs 1 each." (As per BSE Announcement Website dated on 18/01/2008) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Castrol India 16,960.94 37.81 26.12 20.39 71.4 104.3 0.00
Pidilite Inds. 14,201.58 32.67 9.61 17.46 26.6 30.3 0.22
Godrej Inds. 9,915.22 91.30 6.23 28.98 10.0 10.5 0.46
Guj Fluorochem 3,071.71 14.94 1.43 7.96 32.8 38.4 0.37
BASF India 2,550.21 21.16 2.23 11.06 10.0 12.9 0.16
Linde India 1,982.76 91.90 1.49 15.35 4.1 4.0 0.75
Solar Inds. 1,623.93 21.11 4.75 15.37 24.5 22.9 0.75
Clariant Chemica 1,255.82 13.31 2.50 10.23 20.5 27.7 0.00
Aarti Inds. 751.64 7.27 1.47 4.42 18.2 16.0 1.20
Gulf Oil Corpn. 638.53 13.06 1.58 7.70 10.5 9.1 0.57
Tide Water Oil 626.44 10.98 2.04 6.36 20.9 28.7 0.00
Wimco 482.78 0.00 74.28 0.00 0.0 0.0 0.10
Vivimed Labs. 476.02 12.32 1.39 10.64 18.8 13.6 1.19
India Glycols 424.93 2.15 0.77 5.67 22.6 13.0 3.77
Citurgia Biochem 417.96 0.00 -236.12 0.00 0.0 0.0 3.52

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Key Information

Key Executives:

D K Jain , Chairman 

Shailendra Swarup , Director 

Pavan Jain , Director 

Vivek Jain , Managing Director 


Company Head Office / Quarters:
Survey No 16/3 26 & 27,
Ranjitnagar Ghoghamba Taluka,
Panch Mahal,
Gujarat-389380
Phone : 91-2678-248153
Fax :
E-mail : bvdesai@gfl.co.in
Web : http://www.gfl.co.in
Registrars:
Link Intime India Pvt Ltd
B-102&103 Shangrila
Complex First Floor
Akota
Vadodara - 390 020

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