GFL Ltd
BSE:500173
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
GFL Ltd
BSE:500173
|
IN |
|
Storytel AB (publ)
LSE:0GBU
|
SE |
|
Smart for Life Inc
OTC:SMFL
|
US |
|
Hino Motors Ltd
OTC:HINOF
|
JP |
|
A
|
Aston Bay Holdings Ltd
OTC:ATBHF
|
CA |
|
Nihonwasou Holdings Inc
TSE:2499
|
JP |
|
SMS Pharmaceuticals Ltd
NSE:SMSPHARMA
|
IN |
GFL Ltd
GFL Ltd. manufactures and sells refrigerant gases. The company is headquartered in Noida, Uttar Pradesh. Its applications include automotive, architecture, pharmaceuticals, chemical processing, energy, and the telecommunications industry. Its fluoropolymers products include INOFLON PTFE, INOFLON PFA, INOFLON FEB, FLUONOX FKM, INOFLAR PVDF and INOLUB fluoropolymer additives. Its fluor specialty chemical product includes ethyl difluoro acetate, benzo trifluoride, potassium fluoride, 3,4- difluoro nitrobenzene, and 2,4- difluoro benzylamine. Its Chlorofluorocarbon range of refrigerants are marketed under the REFRON brand. Its chemical products include caustic soda, carbon tetrachloride, chlorine, methylene di chloride, hydrochloric acid, sodium hydrogen sulphate, hydrogen gas, chloroform and anhydrous hydrogen chloride.
GFL Ltd. manufactures and sells refrigerant gases. The company is headquartered in Noida, Uttar Pradesh. Its applications include automotive, architecture, pharmaceuticals, chemical processing, energy, and the telecommunications industry. Its fluoropolymers products include INOFLON PTFE, INOFLON PFA, INOFLON FEB, FLUONOX FKM, INOFLAR PVDF and INOLUB fluoropolymer additives. Its fluor specialty chemical product includes ethyl difluoro acetate, benzo trifluoride, potassium fluoride, 3,4- difluoro nitrobenzene, and 2,4- difluoro benzylamine. Its Chlorofluorocarbon range of refrigerants are marketed under the REFRON brand. Its chemical products include caustic soda, carbon tetrachloride, chlorine, methylene di chloride, hydrochloric acid, sodium hydrogen sulphate, hydrogen gas, chloroform and anhydrous hydrogen chloride.
Revenue Drop: Quarterly revenue declined sharply by 35% year-on-year to INR 947 crore, mainly due to lower offtake and falling prices across segments.
Profitability Impact: EBITDA fell 70% and PAT declined 85% year-on-year amid margin pressures, Chinese dumping, and destocking effects.
Margin Outlook: Management no longer expects to achieve 30% EBITDA margin in FY '24, but remains confident of returning to around 30% in FY '25.
Inventory Build: Working capital increased, primarily due to higher inventory levels, especially in overseas depots as sales volumes dropped.
Volume & Price Headwinds: Bulk chemicals, refrigerants, and low-end PTFE faced significant price and volume declines, with some commodity-grade PTFE prices down 25%–30%.
Recovery Signs: Destocking is waning, customer approvals for new high-value grades are progressing, and management expects a stronger H2 and FY '25 to surpass FY '23 performance.
Growth Initiatives: Battery chemicals segment investments progressing, with commissioning of key plants expected soon and full asset utilization targeted by FY '26.
