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HomeSTOCKS65 Paise Share; Board Meeting January 27; More Than Double Production Capacity

65 Paise Share; Board Meeting January 27; More Than Double Production Capacity

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Godha Cabcon & Insulation Ltd (NSE: GODHA): Godha Cabcon & Insulation Ltd share, a firm involved in the production of industrial goods, offered unexpected returns on the last trading day. 

In the course of trading, the 60-paise shares increased by 8.33 percent and it climbed to 65 paise. It was a typical morning of the stock market over the weekend. 

The normal trading occurred because the stock market was being closed on the 22nd of January, because of the consecration ceremony for Ram Temple in Ayodhya.

The Board’s Meeting Is Scheduled For 27th January 

Godha Cabcon and Insulation Limited have informed an exchange on the market, that their company will have a board meeting on January 27, 2024. 

According to the information provided on Saturday, aside from the results of the December quarter for the business, decisions on other matters will be made at the board meeting.

52-week High Of The Share

The share is trading lower than its 52-week high of Rs 1.84. The share was at the level on January 19, 2023. 

In November 2023, this share dropped to a 52-week lowest at 0.45 paise. The current market capitalization that the business has is 4,330.56 crore.

About Godha Cabcon & Insulation Ltd

Godha Cabcon & Insulation Limited is an Indian manufacturer of conductor and cable products for the power transmission industry. 

In 1987 Dilip Godha established an ACSR conductor manufacturing facility under its name Dewas Conductor, located in Dewas, Madhya Pradesh, and the unit was operational until 2002. 

Due to health issues, the production of his facility was shut down. This unit was revived after Indore during the year 2006. 

The unit was launched by a partnership company named M/s Godha Cabcon & Insulation. The company’s operations are constantly growing. 

The capacity of production has nearly doubled. The firm also has set up an XLP-coated plant.

The firm is currently producing ACSR Conductor Wire, Stay Wire, DPC Wire as well as XLP Conductor that is coated with XLP.

The company’s products comprise AAAC conductors, ACSR conductors, aluminum conductors of all kinds (AAC), and AB cables. 

It produces ACSR conductor stay wire, wire, double-paper wrapping (DPC) wire, and crossed-linked polyethylene (XLP) coated conductor or wire. 

The company supplies its goods for its customers at the State Electricity Board of Jabalpur, Bhopal, Indore.

Fundamental Analysis of Godha Cabcon & Insulation Ltd

Market Cap₹ 43.3 Cr.
Current Price₹ 0.65
52-wk High₹ 1.65
52-wk Low₹ 0.45
Stock P/E
Book Value₹ 1.02
Dividend0.00 %
ROCE-5.03 %
ROE-5.72 %
Face Value₹ 1.00
P/B Value0.64
OPM-200 %
EPS₹ -0.03
Debt₹ 2.35 Cr.
Debt to Equity0.03

Godha Cabcon & Insulation Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹0.65₹0.85
2025₹0.96₹1.24
2026₹1.31₹1.95
2027₹2₹3.50
2028₹6₹12
2029₹18₹42
2030₹65₹91
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Godha Cabcon & Insulation Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 72.63 Cr
2020₹ 52.20 Cr
2021₹ 32.39 Cr
2022₹ 35.33 Cr
2023₹ 1.29 Cr

Last 5 Years’ Net Profit:

2019₹ 0.36 Cr
2020₹ 0.22 Cr
2021₹ -0.38 Cr
2022₹ 0.82 Cr
2023₹ -1.91 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190.34
20200.29
20210.29
20220.16
20230.11
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Last 10 Years’ Profit Growth:

10 Years:
5 Years:
3 Years:
Current Year:-578%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:0%
3 Years:-1%
Last Year:-6%

Sales Growth Over 10 Years:

10 Years:
5 Years:-39%
3 Years:-59%
Current Year:-88%
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Company’s Positive Signs:

  • The company has cut its amount of debt.
  • The company is debt-free.
  • The company’s stock trades in the area of 0.64 times book value.

Company’s Negative Signs:

  • It has an extremely low coverage ratio.
  • Over the last five years, the company has seen the lowest growth in sales of -39.3 percent.
  • The promoter’s holding is at a low level of 11.5%.
  • The company has a very low ratio of return on equity -1.30 percent over the last 3 years.
  • It has a significant number of debtors with a period of over 569 calendar days.
  • The cost of borrowing to fund the business appears to be too high.
  • Promoter holding has dipped over the three seasons to -61.5%.
  • The number of working capital days has gone up between 801 to 1,834.

Conclusion

This article is a complete guide about Godha Cabcon & Insulation Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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Also Read: ₹133 Tata Group Share: Big Decision After Merger; Tata Share Will Double?

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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