Uttam Galva Steels Limited is a one of India’s largest manufacturer-exporter of value added steel products. In the domestic market, the company is a major supplier to the automobile, white goods, general engineering and construction industries. Some of its major end users include Bajaj Auto, Bajaj Tempo, M&M, Kirloskar, Crompton, L&T, etc. The company currently exports its products to more than 142 countries including Australia, France, Germany, Greece, UK and USA.
Recently company has increased the prices of galvanised and cold rolled steel products by Rs 2,000 per tonne with effect from 15 August. The price hike is due to the mismatch in supply and demand of HR Coil in the domestic market as imports of HRC are restricted, the company said in a statement.
Report card (PE value: 11)
| Attribute | Value | Date |
|---|
| PE ratio | 11.27 | 28/08/09 |
| EPS (Rs) | 8.79 | Mar, 09 |
| Sales (Rs crore) | 1,073.33 | Jun, 09 |
| Face Value (Rs) | 10 | |
| Net profit margin (%) | 3.91 | Mar, 08 |
| Return on average equity | 17.45 | Mar, 08 |
Share holding (Strong Promoters and FIIs holdings) [FIIs holdings increased from 19% to 39% last quarter]
| Share holding pattern as on : | 30/06/2009 | 31/03/2009 | 31/12/2008 |
|---|
| Face value | 10.00 | 10.00 | 10.00 |
| No. Of Shares | % Holding | No. Of Shares | % Holding | No. Of Shares | % Holding |
|---|
| Promoter's holding |
| Indian Promoters | 43678582 | 38.32 | 42578582 | 37.36 | 42578582 | 37.36 |
| Foreign Promoters | 2714700 | 2.38 | 2714700 | 2.38 | 2714700 | 2.38 |
| Sub total | 46393282 | 40.71 | 45293282 | 39.74 | 45293282 | 39.74 |
| Non promoter's holding |
| Institutional investors |
| Banks Fin. Inst. and Insurance | 107450 | 0.09 | 271500 | 0.24 | 271652 | 0.24 |
| FII's | 44598244 | 39.13 | 22690320 | 19.91 | 12645045 | 11.09 |
| Sub total | 44744094 | 39.26 | 23000220 | 20.18 | 12955097 | 11.37 |
| Other investors |
| Private Corporate Bodies | 3171620 | 2.78 | 3434440 | 3.01 | 12920150 | 11.34 |
| NRI's/OCB's/Foreign Others | 1625361 | 1.43 | 1622808 | 1.42 | 1634045 | 1.43 |
| Others | 72343 | 0.06 | 21954034 | 19.26 | 21914742 | 19.23 |
| Sub total | 4869324 | 4.27 | 27011282 | 23.70 | 36468937 | 32.00 |
| General public | 17966743 | 15.76 | 18668659 | 16.38 | 19256127 | 16.90 |
| Grand total | 113973443 | 100.00 | 113973443 | 100.00 | 113973443 | 100.00 |
