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Federal-Mogul Goetze (India) Ltd

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NSEBSE

360.650.55 (0.15%)

10:19 AM,3rd Oct 2023

359.55-1.20 (-0.33%)

10:25 AM,3rd Oct 2023

BSE : 505744

NSE : FMGOETZE

Sector : Auto

ISIN Code : INE529A01010

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Last Updated: Oct 03 2023 | 10:25 AM IST

Market Cap (₹ Cr)

2006

Turnover (₹ Cr)

0.04

Volume (Shares)

9863

Face Value

10

52-WK High

432.00

52-WK High Date

08 Sep 2023

52-WK Low

296.45

52-WK Low Date

06 Feb 2023

All Time High

666.45

All Time High Date

17 Dec 2019

All Time Low

16.47

All Time Low Date

17 Sep 2001

Federal-Mogul Goetze (India) Ltd

Goetze (India) Ltd.(GIL) is a Joint Venture Company of Federal Mogul in India. The company promoted by Escorts in Nov. '54 in technical and financial collaboration with Goetz-werke of Germany is one of the leading manufacturer of Automotive Piston Rings in the world. The product range covers Piston rings Pistons Cylinder liners Light Alloy Castings and Sintered Products. The Company is engaged in manufacture supply and distribution of automotive components used in two/three/four wheeler automobiles.GIL's takeover of Escorts Mahle Ltd a leading manufacture of Piston Rings in Oct 2002 made it the largest producer of Piston Assemblies. The company has the production capacity of 50 million piston rings and over 8 million pistons per year.The company had set up its first plant at Patiala and started commercial production in 1957. The second plant at Bangalore was started in 1977.Turneer & Novell UK which had acquired Goetze internationally has indirectly got a 26% stake in GIL which was hold by Goetze in GIL.Goetze India has business interest in auto accessories solvent extraction and leather garments. As a part of restructuring it has exited from the leather garment business and is planning to exit from the solvent extraction business as this plant was shut down through out the year 2000-2001 due to poor industrial conditions.The company manufactures automobile accessories namely piston rings pistons cylinder liners light alloy cylinders piston castings and groove insert sleeves. In 1999-2000 the company has expanded the production capacity of piston rings to 50949360 nos per annum. And in year 2001 the company merged the Federal Mogul Sintered Products Ltd (FMSPL) which manufactures sintered metal parts using powder metal technology under world renowned 'BRICO' brand with the company due to business synergies. In 1989-90 it diversified into the manufacture and export of food products solvent oil extraction and chain of supermarkets. For chain of supermarkets it has entered into a joint venture with Nanz Germany and also set up a joint venture company Nanz Food Products for the manufacture of meat and poultry products. The plant to process mustard and sunflower seed and soyabeans has also been set up. And in 1992-93 the company has set up a 100% EOU for leather garments to increase the export earnings. But in 1998-99 this leather garments division was hived off into a seperate company [ GIP Leather (India) ] in joint venture with M/s Speith & Wensky of Germany in which the company holds 70 % equity. In 1995-96 a new company Brico Goetze (India) was set up in collaboration with T&N Plc for manufacture of Sintered Metal Components.As the Government has introduced various new emission normsthe focus in the type of rings has shifted that are required by the customer both in terms of materials as well as profiles & coatings. Subsequent to this the market conditions of Automotive Business seems to be a promising as India is likely to become a global source for rings for many Intenational vehicle manufacturers.The company made proposal to acquire the entire share capital of EML(Escorts Mahle Limited)a piston manufacturerthrough a SPV and this proposal was approved in the Directors meeting which was held on 15th June2002. The company which had set up a modern engine test housewas commissioned in January2002 and made fully operational from February2002. During 2002-03 Escorts Pistons Ltd and Coupled Investment Pvt Ltd was amalgamted with the company following the approval from High Court of New Delhi. With this amalgamation the company has consolidated its market leadership as a composite manufacturer of Piston Assemblies comprising of pistonspins etc.The Company sold its entire investment in the shares of Satara Rubbers & Chemical Limited (Wholly owned subsidiary) to AkmeProjects Limited on 31st March 2010.During the year 2015-16 the Company had acquired 26% stake in Real Captive Power Private th Limited (RCP) on 6 April 2015. The saidinvestment was disposed off to Surakshath Build well LLP on 30 March 2016 at cost.

Federal-Mogul Goetze (India) Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

2006

EPS - TTM (₹) [S]

19.27

P/E Ratio (X) [S]

2.20

Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]163.81
P/B Ratio (₹) [S]2.20
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
ICICI Pru ESG Fund (G) 28.12 771387 2.18
ICICI Pru ESG Fund (IDCW) 28.12 771387 2.18
ICICI Pru ESG Fund - Direct (G) 28.12 771387 2.18
ICICI Pru ESG Fund - Direct (IDCW) 28.12 771387 2.18

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

358.55

363.30

Week Low/High

355.00

367.00

Month Low/High

354.05

432.00

Year Low/High

296.45

432.00

All time Low/High

17.13

666.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-0.22%-0.24%-0.70-0.90%
1 Month-0.96%-0.92%0.150.27%
3 Month-3.00%-2.80%0.430.86%
6 Month16.32%16.21%10.7912.02%
1 Year8.09%8.01%15.3215.40%
3 Year-17.76%-17.81%69.2370.70%

Financials

Graph
Table

Bulk/ Block

ALL
NSE
BSE
ALL
BUY
SELL
DateClient NameExchangeTransactionQuantityPrice
05-09-2023GRAVITON RESEARCH CAPITAL LLPNSESELL295123406.53
05-09-2023GRAVITON RESEARCH CAPITAL LLPNSEBUY295123406.16
08-06-2022RATNABALI SECURITIES PRIVATE LIMITEDNSEBUY354937287.69
08-06-2022RATNABALI SECURITIES PRIVATE LIMITEDNSESELL7237291.76
24-03-2022LRSD SECURITIES PVT LTDBSESELL383000266.25
24-03-2022LRSD SECURITIES PVT LTDNSESELL600000266.60
24-03-2022RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITEDBSEBUY383000266.25
24-03-2022RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITEDNSEBUY600000266.60
27-04-2021GDN INVESTMENTS PRIVATE LIMITEDNSESELL400000281.25
27-04-2021NIMI ENTERPRISESNSEBUY20459280.34

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Peer Group Comparison

NamePrice(In Rs)Chg(%)Mkt Cap(Rs Cr)Sales(Rs Cr)Profit(Rs Cr)EPS(Rs)P/E(x)

Shareholding Pattern

Jun 2023
Archive
CategoryShare(%)
Promoter74.98
Financial Institutions Banks0.00
Foreign Institutional Investors0.49
Insurance Companies0.00
Mutual Funds Uti1.43
Other Institutional Investors0.01
Indian Public10.94
Others Non Institutional Investors12.15
Custodians0.00

Corporate Action

Announcement DatePurposeFromToRemarks
Data Not Found

Price History

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Company Info

Company Information

Chairman & Independent Directo : K N Subramaniam

Whole-time Director : VINOD KUMAR HANS

Whole-time Director : Khalid Khan

Executive Director - Finance / : Manish Chadha

E D & Wholetime Director : Rajesh Sinha

Independent Non Exe. Director : K C Sundareshan Pillai

Independent Non Executive Wome : Nalini Jolly

Non Executive Director : Stephen Shaun Merry

Registered Office: DLF Prime Tower, 10 Ground Floor F-39&80 Okhla,New Delhi,New Delhi-110020 Ph: 91-11-71745745

Email:investor.grievance@federalmogul.com

URL:http://www.federalmogulgoetzeindia.net