GMM Pfaudler Ltd (GMMPFAUDLR)

GMM Pfaudler Ltd's ROE Higher Than Industry Average - 13 Jun, 2024

GMM Pfaudler Ltd has an ROE of 18%, higher than the industry average of 15%. The company has seen a net income growth of 28% over the past five years, attributed to high earnings retention or efficient management. However, latest forecasts reveal that the company's earnings growth is expected to slow down.

GMM Pfaudler Ltd Shares Gain 1.12% Despite 30% Drop from 52-Week High - 07 Jun, 2024

GMM Pfaudler, a leading player in the glass-lined equipment sector with over 50% market share, saw its shares close at Rs 650 on Friday, up by 1.12%. The company's revenue increased by 1.6% YoY to Rs 124 crore in Q4FY24, while net profit rose by 7% to Rs 15 crore. However, the stock is down by 30% from its 52-week high of Rs 936.85.

GMM Pfaudler Misses Revenue and Earnings Expectations for FY 2024 - 24 May, 2024

GMM Pfaudler's revenue and net income increased by 9.1% and 7.4%, respectively, from FY 2023 but missed analyst estimates by 4.2% and 5.9%. The profit margin remained in line with FY 2023 at 5.2%, while EPS increased to ₹39.80. Forecasted revenue growth for the next two years is 8.5% p.a., compared to a 12% growth forecast for the Machinery industry in India. GMM Pfaudler shares are down 5.6% from a week ago.

GMM Pfaudler Reports Decrease in Revenue and Profit in Q4FY24 - 23 May, 2024

GMM Pfaudler's Q4FY24 revenue decreased by 14.5% YoY to Rs 740.7 crore, while its profit dropped by 14%. Despite analysts' positive sentiment, GMM Pfaudler's shares fell by 4.50% due to weak Q4FY24 results. The company declared a total dividend of Rs 2 per equity share for FY24.

GMM Pfaudler Reports Decrease in Net Sales and Profits - 22 May, 2024

GMM Pfaudler reported a decrease in both standalone and consolidated net sales and profits for March 2024 compared to the previous year. The company announced its Q4FY24 earnings on May 22, 2024.